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Simplicity is the Ultimate Sophistication

  • #581
  • Apr 23, 2017 4:28am Apr 23, 2017 4:28am
Quoting grandaevus
###ZenTraderEAV05 When the last candle before London opening starts, ea puts a BuyStop & SellStop order. When price hits one of these pending orders, ea immediately deletes the other pending order and sets a stop loss and take profit in accordance with actual order open price. -------------------------------------------------------------------------------------------------------------------------------- What's new in this version? No need to enter your Commission manually. Ea now finds your paid commission, convert it into pips, and make all necessary...
Hey Grandaevus

Is it possible to add the ATR stop strategy to the EA? User defined too enabling differing ATRs to be tested for TP. 24period ATR best? Not sure if break of HH or LL in past 24hrs also possible to code?

Thanks in advance!
Trade less and become more profitable!
  • #582
  • Edited 10:05am Apr 23, 2017 6:13am | Edited 10:05am
Quoting Grimweasel
{quote} Hey Grandaevus Is it possible to add the ATR stop strategy to the EA? User defined too enabling differing ATRs to be tested for TP. 24period ATR best? Not sure if break of HH or LL in past 24hrs also possible to code? Thanks in advance!
will be ready within today.
  • #583
  • Edited 9:19pm Apr 23, 2017 10:42am | Edited 9:19pm
Quoting Grimweasel
{quote} Hey Grandaevus Is it possible to add the ATR stop strategy to the EA? User defined too enabling differing ATRs to be tested for TP. 24period ATR best? Not sure if break of HH or LL in past 24hrs also possible to code? Thanks in advance!

###ZenTrader EA V08

Rules are based on ideas of Grimweasel that he has written @ post # 576

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot from 2017-04-23 18-41-11.png Size: 79 KB
Attached File(s)
File Type: ex4 ###ZenTraderEAV08.ex4   29 KB | 309 downloads
  • #584
  • Apr 23, 2017 2:40pm Apr 23, 2017 2:40pm
Quoting grandaevus
{quote} ###ZenTrader EA V08 Rules are based on ideas @ post # 576 {image} {file}
Super stuff Grandaevus -let's see how it performs in demo tomorrow.
I note than when I run backtest in MT4 it doesn't show any data tho and reports an 'order send error' - Usually it will show something (cognisant of how poor the MT4 BT function is!)
Trade less and become more profitable!
  • #585
  • Apr 23, 2017 3:07pm Apr 23, 2017 3:07pm
I've been looking at another thread and they've been using a currency metre, They say they've been getting good results, they say when the euro pairs are grouped together at the top of the currency meter it a buy trade, or grouped together at the bottom of the currency meter it's a sell trade,
I'm just wondering if this would give us a good indication whether to trade EUR/USD, and also whether to stay out of it. I will be running the currency meter tomorrow on my chart just to see how they line up and whether I get a good indication or not.
Thread is thread.php?t=657379Scalping the EUR at the European open

Attached File(s)
File Type: ex4 Currency Meter .ex4   55 KB | 249 downloads
  • #586
  • Apr 23, 2017 4:46pm Apr 23, 2017 4:46pm
Quoting redfan
I've been looking at another thread and they've been using a currency metre, They say they've been getting good results, they say when the euro pairs are grouped together at the top of the currency meter it a buy trade, or grouped together at the bottom of the currency meter it's a sell trade, I'm just wondering if this would give us a good indication whether to trade EUR/USD, and also whether to stay out of it. I will be running the currency meter tomorrow on my chart just to see how they line up and whether I get a good indication or not. Thread...
Hi RedFan

I've seen the same. Good point. To me, it could be that we use that meter and look for EURXXX pairs to be either bottom or top, but grouped too. One could make a case for looking to see if the strategy works on Cable, USDYEN and AUDUSD too- as these mostly have spreads under or at 1pip. So if EUR pairs are in middle of table then trade the gbpxxx pairs for example if they are the 'lead' currency?
Trade less and become more profitable!
  • #587
  • Apr 24, 2017 12:15am Apr 24, 2017 12:15am
Quoting grandaevus
{quote} ###ZenTrader EA V08 Rules are based on ideas of Grimweasel that he has written @ post # 576 {image} {file}
THanks grandaevus.

i just downloaded it.
For the rule1 TP
and rule 1SLATR what we should fill in ? if we want to take profit just 1.5x on atr and sl 1x on atr.
and rule two is not depends on candle 8.00 ? it is based on highest /lowest candle on that day?
  • #588
  • Apr 24, 2017 1:15am Apr 24, 2017 1:15am
Quoting zentrader8
{quote} THanks grandaevus. i just downloaded it. For the rule1 TP and rule 1SLATR what we should fill in ? if we want to take profit just 1.5x on atr and sl 1x on atr. and rule two is not depends on candle 8.00 ? it is based on highest /lowest candle on that day?
TP and/or SL pips always overrides over ATRTP/SL.
So for 1.5x atr take profit
Rule1TP=0 and Rule1ATRTP = 1.5.

And for 1.0 atr stop loss
Rule1SL = 0 and Rule1ATRSL = 1.0
  • #589
  • Apr 24, 2017 4:33am Apr 24, 2017 4:33am
No trade today. Euro gapped up and ATR doubled. Gap will probably be filled in US session tho.
Trade less and become more profitable!
  • #590
  • Apr 24, 2017 11:59am Apr 24, 2017 11:59am
Quoting grandaevus
{quote} ###ZenTrader EA V08 Rules are based on ideas of Grimweasel that he has written @ post # 576 {image} {file}

The EA did not open this morning,
could you tell me whether my settings are wrong or my time is wrong. I am two hours behind market watch time, The EA was set to open at nine. Could you please look at my chart,
and let me know if you can see anything wrong,
thank you in advance,

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  • #591
  • Apr 24, 2017 12:55pm Apr 24, 2017 12:55pm
Quoting redfan
{quote} The EA did not open this morning, could you tell me whether my settings are wrong or my time is wrong. I am two hours behind market watch time, The EA was set to open at nine. Could you please look at my chart, and let me know if you can see anything wrong, thank you in advance, {image}
Your spread is higher than MaxSpread = 0.5
  • #592
  • Apr 24, 2017 1:09pm Apr 24, 2017 1:09pm
Quoting grandaevus
{quote} Your spread is higher than MaxSpread = 0.5

Is that the maxmun you can have it .Or can i change it to 1.00
thank you
  • #593
  • Apr 24, 2017 1:40pm Apr 24, 2017 1:40pm
Quoting redfan
{quote} Is that the maxmun you can have it .Or can i change it to 1.00 thank you

If your actual spread is higher than that value, then ea doesn't place pending orders. Increase to 1.00 or 2.00
  • #594
  • Apr 24, 2017 1:41pm Apr 24, 2017 1:41pm
I am a little bit confused. Are still valid the rules highlighted in post 1 or not?
  • #595
  • Apr 24, 2017 3:29pm Apr 24, 2017 3:29pm
I just ran a manual backtest on EurJpy PM session using the NEW rules and the Original Zen rules(so disregard MA, use .00 levels but use ATR stop and ATR TP)

The new rules- 24 wins, 13 losers, and 22 no trades. Net profit = £2300
Original rules but with ATR SL and TP - 30 wins, 28 losses, 1 no trade. Net profit = £1700

This means the new rules (if you wish to adopt them) were 35% more profitable over the time period (31 Jan-21 Apr).

It takes quite some time to plug this manually into excel - must be an easier, more efficient way using Python etc. Wish I was any good at coding. Sigh.
Trade less and become more profitable!
  • #596
  • Apr 24, 2017 5:52pm Apr 24, 2017 5:52pm
Quoting Grimweasel
I just ran a manual backtest on EurJpy PM session using the NEW rules and the Original Zen rules(so disregard MA, use .00 levels but use ATR stop and ATR TP) The new rules- 24 wins, 13 losers, and 22 no trades. Net profit = 2300 Original rules but with ATR SL and TP - 30 wins, 28 losses, 1 no trade. Net profit = 1700 This means the new rules (if you wish to adopt them) were 35% more profitable over the time period (31 Jan-21 Apr). It takes quite some time to plug this manually into excel - must be an easier, more efficient way using Python etc....
Hey Grim - what is your PM session time.....???
  • #597
  • Apr 25, 2017 1:03am Apr 25, 2017 1:03am
Quoting neil001
{quote} Hey Grim - what is your PM session time.....???
1600hrs, so 1.5hra after the US Cash equity open at 1430
Trade less and become more profitable!
  • #598
  • Apr 25, 2017 1:03am Apr 25, 2017 1:03am
Quoting grandaevus
{quote} If your actual spread is higher than that value, then ea doesn't place pending orders. Increase to 1.00 or 2.00
Hey Grandaevus

On the EA what is the magic number please?

Thanks
Trade less and become more profitable!
  • #599
  • Apr 25, 2017 1:19am Apr 25, 2017 1:19am
Quoting Grimweasel
{quote} Hey Grandaevus On the EA what is the magic number please? Thanks
Hey Grim - It is a unique identifier for the ea....any number will do and if you hover over an order the ea takes, you will see the magic number (it is used so that you can run the same ea on two chart pairs that are the same with different settings - just change magic numebr
  • #600
  • Apr 25, 2017 1:23am Apr 25, 2017 1:23am
Quoting grandaevus
{quote} ###ZenTrader EA V08 Rules are based on ideas of Grimweasel that he has written @ post # 576 {image} {file}
Hi Grandaevus,

Currently running the ver8 of your EA. Just to confirm, if Rule 2 trade is activated, the SL level will be managed by the EA or what? Because I saw the SL level has gone after the Buy Stop order is filled. The TP level is still there.
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