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Price Action Trading with Indicators! The Freebie System

  • #8,861
  • Feb 8, 2017 10:00pm Feb 8, 2017 10:00pm
Xmess 7 the EA is been working wonders this side ? oh and Cmtrading its been opening trades
Attached Image(s) (click to enlarge)
Click to Enlarge Name: xmess 7 2.PNG Size: 150 KB
Click to Enlarge Name: xmess7.PNG Size: 111 KB
  • #8,862
  • Feb 8, 2017 10:09pm Feb 8, 2017 10:09pm
I placed the EA on the H1 then it started losing then I changed to TF 15 min then it started functioning properly and i set everything to default and only showed the display as you can see from my previous posts its been making profit with less losses.....thanks to xmess7
  • #8,863
  • Feb 8, 2017 10:32pm Feb 8, 2017 10:32pm
Quoting xmess7
{quote} Checkz. The MTF_ZigZag has the settings hardcoded. I didn't place them as inputs so even if u are using v47 you still have the same MTF_ZigZag with the settings hard coded. LOL no secret sauce lol ... the settings are 20,10,4 . The usual zigzag ones are different of course. I really recommend u use v51 cause with v47 there are errors in they way it detects the upperTF and it is liable to close trades that it did not start, like from another EA that you might have running. Jess EDIT: that's right if the ZigZag shows a top on the upper TF...
Okay I just Loaded EAv_51 Thanks xmess7. Here's a pic of a sell im still holding on to and waiting to see if my breakeven stoplosss will get taken out. I am loving the breakeven on semafor function.
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Click to Enlarge Name: Screenshot (18).png Size: 43 KB
  • #8,864
  • Feb 9, 2017 12:21am Feb 9, 2017 12:21am
Quoting Checkz
{quote} Okay I just Loaded EAv_51 Thanks xmess7. Here's a pic of a sell im still holding on to and waiting to see if my breakeven stoplosss will get taken out. I am loving the breakeven on semafor function. {image}
YEYYEYAASS checkZ!! That is exactly what I was doing back in Jan 2016. Remember? I would let the runners run with BEs.

But, this time, if you can see 10-20% for the week then I would cut it. and start a new the following week.

I see you are up over 11% just for the day and 5% for the week. NOT BAD...
What are u using for the upperTF?? I see the MTF ZigZag at the left. Is that what u are using or is it something else?

I tell u guys, stoplosses and takeprofits basically cut u short of the portential. I know EVERYONE tells us that we should have a stoploss. But man
many times it just doesn't work. IF you start with small lots and just wait for that one or two big hits you make buck.

Anyhow, stay tuned I have another idea that I will add soon that will help losers become potential BEs or small winners...
In reality it is not new, I been trading with this idea since July and so far have been able to control it. LOL
Hang in there and just keep testing we are almost there.

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #8,865
  • Feb 9, 2017 12:26am Feb 9, 2017 12:26am
Quoting xmess7
{quote} YEYYEYAASS checkZ!! That is exactly what I was doing back in Jan 2016. Remember? I would let the runners run with BEs. But, this time, if you can see 10-20% for the week then I would cut it. and start a new the following week. I see you are up over 11% just for the day and 5% for the week. NOT BAD... What are u using for the upperTF?? I see the MTF ZigZag at the left. Is that what u are using or is it something else? I tell u guys, stoplosses and takeprofits basically cut u short of the portential. I know EVERYONE tells us that we should...
I didn't use anything for that trade but I am fixing to start using the MTF zigzag for upper Timeframe trend.
  • #8,866
  • Feb 9, 2017 12:26am Feb 9, 2017 12:26am
Quoting kdaawwgy
Xmess 7 the EA is been working wonders this side ? oh and Cmtrading its been opening trades {image} {image}
Kdaa:
Great, I especially like the live one. So since you are using default values do you have a target for the day or week or did u leave those at default too?
IF you go to higher TFs you need to increase the risk so that the trade has more room to move. I think that is why u saw more loser on the higher TF.
And you should set up like Checkz, BE with no TP and just let the runners run. Bug pips are gained like that and many times they make up for the losses too.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,867
  • Feb 9, 2017 12:35am Feb 9, 2017 12:35am
Quoting Checkz
{quote} Okay I just Loaded EAv_51 Thanks xmess7. Here's a pic of a sell im still holding on to and waiting to see if my breakeven stoplosss will get taken out. I am loving the breakeven on semafor function. {image}
Checkz:
I forgot that I had added the break-even on opposite Semafor function. I will try it out when I start to really test the EA.

There are still some minor changes that I will be updating. v51 seems to be stable and giving the right signals, just need to see why John's copy did not reac the same.
I am thinking that perhaps I uploaded a previous copy with the v51 name on it. I am just guessing, it doesn't mean that you have the bad copy or anyhing like that.

I also want to add some margin control and of course the tool that will help us get out of losing trades at BE or small profit.
etc etc.

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #8,868
  • Feb 9, 2017 12:57am Feb 9, 2017 12:57am
Quoting kdaawwgy
Xmess 7 the EA is been working wonders this side ? oh and Cmtrading its been opening trades {image} {image}
Hi

What indicator must be loaded to show of our Daily/Weekly/Monthly profits?
That will really help


Thank you
  • #8,869
  • Feb 9, 2017 2:06am Feb 9, 2017 2:06am
Xmess7 lol it's the CM demo account I haven't yet used it on the live account. I didn't set any targets I just let it run just to see how much it can make and so forth
  • #8,870
  • Feb 10, 2017 1:45am Feb 10, 2017 1:45am
Quoting wyn000
{quote} Hi What indicator must be loaded to show of our Daily/Weekly/Monthly profits? That will really help Thank you
Hi, the display is show by the ea xm7_Freebie_v51. You need to set the input Display = showAsDisplay.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,871
  • Feb 11, 2017 2:13am Feb 11, 2017 2:13am
Quoting xmess7
{quote} Hi, the display is show by the ea xm7_Freebie_v51. You need to set the input Display = showAsDisplay.
Xmess7 something weird is going on when I use demo for cmtrading it executed the trades when I get to live account a different story it says error 411
  • #8,872
  • Feb 11, 2017 9:28am Feb 11, 2017 9:28am
Quoting kdaawwgy
{quote} Xmess7 something weird is going on when I use demo for cmtrading it executed the trades when I get to live account a different story it says error 411
send me the logs. send both the journal and experts. look for the date in which the error happened.
I can't find that error in the MQL4 website so I need to see if there is anything else being reported.
Oh and always keep ShowDebug=Yes, that way the EA will also record stuff that it "sees" as it is executing code.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,873
  • Feb 11, 2017 10:14pm Feb 11, 2017 10:14pm
Critical Update.

Folks: I am going to start my real testing this coming week. I took a look at some of the trades that ksharp and others have posted and compared them to the rules on page 1, plus the stuff we have added. There were a couple of things I needed to adjust. Adjustments that I forgot to reset before I published the EA. Some of the trades that we saw this week should not have been taken. All those items have been fixed. This was done for both the main EA and Indicators. The xm7_pivotsv3 was also updated. It had more of a cosmetic errors, not critical. I didn't change the version cause I already have v4 and v5. v4 and v5 contain pivots for the year and quarter year. If anyone wants to trade using those real LOOOONG TFs let me know LOL.
Remember:
- use the main EA to trade.
- use the main Indicator to compare that the signals are what the EA is trading.
- use the required indicators to actually see either the main EA or main Indicator are detecting all the conditions on page 1 (plus the ones that we have added).

I also included a template. This just loads the separate required indicators, you will need to attach the EA or main Indicator so u can see everything on the chart.

As usual you can always find the latest files at:
http://xm7.info/ea/freebie
Attached File(s)
File Type: tpl Freebie_indi_v28.tpl   158 KB | 484 downloads
File Type: ex4 xm7_Freebie_EA_v52.ex4   142 KB | 385 downloads
File Type: ex4 xm7_Freebie_Indicator_v28.ex4   140 KB | 462 downloads
File Type: ex4 xm7_pivots_v3.ex4   43 KB | 468 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #8,874
  • Feb 11, 2017 10:47pm Feb 11, 2017 10:47pm
Quoting xmess7
Critical Update. Folks: I am going to start my real testing this coming week. I took a look at some of the trades that ksharp and others have posted and compared them to the rules on page 1, plus the stuff we have added. There were a couple of things I needed to adjust. Adjustments that I forgot to reset before I published the EA. Some of the trades that we saw this week should not have been taken. All those items have been fixed. This was done for both the main EA and Indicators. The xm7_pivotsv3 was also updated. It had more of a cosmetic errors,...
xmess7 I will check the log on monday cause the log I have says that I didnt activate auto trader but it was on. I will see if i get the same errors again, When you say you tsting real you mean with yur live account ?
  • #8,875
  • Feb 12, 2017 6:59pm Feb 12, 2017 6:59pm
2017.02.12 13:55:09.724 cannot open file 'C:\Users\Jon\AppData\Roaming\MetaQuotes\Terminal\F3B177E07929E662092A36D7F9AD7BE1\MQL4\indicators\Freebie\xm7_Freebie_Indicator_v28.ex4' [3]
just saw this.
  • #8,876
  • Edited 10:33pm Feb 12, 2017 8:52pm | Edited 10:33pm
Quoting keysharp
2017.02.12 13:55:09.724 cannot open file 'C:\Users\Jon\AppData\Roaming\MetaQuotes\Terminal\F3B177E07929E662092A36D7F9AD7BE1\MQL4\indicators\Freebie\xm7_Freebie_Indicator_v28.ex4' [3] just saw this.
John double check, make sure the file is in that location

EDIT: IF you do find it in that directory and u still get a "cannot open" error let me know and I will re-upload the indicator.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,877
  • Feb 13, 2017 10:38am Feb 13, 2017 10:38am
Trade Status:
woke up to see v52 with profit. if this was a live account i would be done for the week. 9.xx% is close enuf to 10%. so lets keep testing to see max profit and especially max loss. need to see what strategy we need to control the losers.

There is one error.. i set KeepTPAfterBE=No, that did not work. so in next version i will fix this. it's important but not urge since manually u can remove the tp when u see the trade at be.
Attached Image (click to enlarge)
Click to Enlarge Name: v52_monday.jpg Size: 172 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #8,878
  • Feb 15, 2017 7:20am Feb 15, 2017 7:20am
Interesting times, looking forward to see what this EA will do There are 6 trades, I had 8 and one of these was a stack. It looks as if I will lose another shortly if the PA moves lower. Don't see any bad entries and on the daily time frame this looks very promising.
Attached Image (click to enlarge)
Click to Enlarge Name: Forexware LLC.png Size: 126 KB
  • #8,879
  • Feb 15, 2017 12:25pm Feb 15, 2017 12:25pm
Ok, had a bad morning but PA is heading in the right direction so am looking forward to profits. I lost 5 of the 8 trades from the past two days but added three more in the correct direction.
Attached Image (click to enlarge)
Click to Enlarge Name: Forexware LLC.png Size: 146 KB
  • #8,880
  • Feb 15, 2017 7:19pm Feb 15, 2017 7:19pm
Finally closed all trades because the #3zz dot showed up above the trades. Even though the TP was not taken the trades were closed because of the yellow dot. But still made a good profit. The SL is set at 75 so the TP is set by the EA at 75. This may be too long. Maybe trades need to be closed if the yellow dot shows up in the direction of the trade?
Attached Image (click to enlarge)
Click to Enlarge Name: Forexware LLC.png Size: 97 KB
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