The Hodgepodge Trading System | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 182 replies

HYBRID: trading system within a trading system 31 replies

Day Trading system - Simple system to make money 51 replies

Trapping System: Way to Fully-Automated Trading System 47 replies

Attachments: The Hodgepodge Trading System
Exit Attachments

The Hodgepodge Trading System

  • #61
  • Jun 8, 2017 3:15pm Jun 8, 2017 3:15pm
Quoting montego
{quote} Hi krismitt, Thanks for the EA , loaded ea and set file into presets, running ea on gold h4 for 3 days no trade ? can you help, Thanks
Don't think you have an issue Montego, since you are forward testing.
See last two signals (bars) in the pic. (yellow arrows)
EA would not have taken the last SELL Entry as this would have been filtered by the Higher Timeframe Conditions.

Trade well.

Attached Image (click to enlarge)
Click to Enlarge Name: Last_Signals.png Size: 14 KB
  • #62
  • Jun 8, 2017 3:59pm Jun 8, 2017 3:59pm
Quoting krismitt
Hi Wizlon32: Looking for this Indicator. Do you still have in your Arsenal? Thank you {image}
You can find it here https://www.forexfactory.com/showthread.php?t=539500
Indentify > Plan > Accept > Execute
  • #63
  • Jun 8, 2017 4:44pm Jun 8, 2017 4:44pm
Quoting krismitt
{quote} Don't think you have an issue Montego, since you are forward testing. See last two signals (bars) in the pic. (yellow arrows) EA would not have taken the last SELL Entry as this would have been filtered by the Higher Timeframe Conditions. Trade well. {image}
Thanks Krismitt, ok and to add to this proves the EA is doing its job !
  • #64
  • Jun 8, 2017 4:47pm Jun 8, 2017 4:47pm
Caught the GBP fall pretty good
Attached Image (click to enlarge)
Click to Enlarge Name: Chris 4.JPG Size: 153 KB
  • #65
  • Jun 8, 2017 5:06pm Jun 8, 2017 5:06pm
Still learning about compress files .. Hope this help krismitt
Attached File(s)
File Type: ex4 #1 Trade Levels (Black) (2).ex4   56 KB | 556 downloads
File Type: mq4 FibGrid_emptywindow.mq4   2 KB | 555 downloads
File Type: ex4 MTF Price Dashboard v1_2.ex4   58 KB | 605 downloads
  • #66
  • Jun 8, 2017 5:25pm Jun 8, 2017 5:25pm
Quoting MTPockets
Caught the GBP fall pretty good {image}
I think I miss this one.
Risk comes from not knowing what you're doing.
  • #67
  • Jun 8, 2017 5:26pm Jun 8, 2017 5:26pm
Quoting montego
{quote} Thanks Krismitt, ok and to add to this proves the EA is doing its job !
So true, Montego!.

Cheers
  • #68
  • Jun 8, 2017 5:28pm Jun 8, 2017 5:28pm
Quoting wizlon32
{quote} You can find it here https://www.forexfactory.com/showthread.php?t=539500
Ten points!.

Thank you.
  • #69
  • Jun 8, 2017 5:39pm Jun 8, 2017 5:39pm
Quoting MTPockets
Still learning about compress files .. Hope this help krismitt {file} {file} {file}
Sweet!
  • #70
  • Jun 8, 2017 5:41pm Jun 8, 2017 5:41pm
Quoting MTPockets
Caught the GBP fall pretty good {image}
Nice One!!!

Interesting to note that this EA does not work particularly well with this pair........but well done MTPockets!!.

Trade well.
  • #71
  • Jun 8, 2017 5:41pm Jun 8, 2017 5:41pm
krismitt
I forgot one
Attached File(s)
File Type: ex4 #2 Access Panel (Black) (2).ex4   191 KB | 505 downloads
  • #72
  • Edited 8:32pm Jun 8, 2017 7:08pm | Edited 8:32pm
I still have problems with .set files, so maybe my template will have what my chart has.
Attached File(s)
File Type: tpl !# Hodgepodge Mod.tpl   50 KB | 581 downloads

Attached File(s)
File Type: zip 4 krimitt.zip   284 KB | 585 downloads

Forex other than GBP/xxx
I does work nicely on Pound crosses, I just haven't found a desirable setting yet
  • #73
  • Jun 9, 2017 12:45pm Jun 9, 2017 12:45pm
Hi
Been trading this Ea on Demo since 06/06 but it has opened one position, which was a winner, so has anyone got more trades than this?
  • #74
  • Edited 7:01pm Jun 9, 2017 6:25pm | Edited 7:01pm
Quoting bvc
Hi Been trading this Ea on Demo since 06/06 but it has opened one position, which was a winner, so has anyone got more trades than this?
Try to understand the logic behind the EA. I presume you are trying to trade H4 Gold using the .set file that Krismitt provided?

If so then you will see that on D1 the 5EMA is still above the 8 EMA which means that the EA is favouring longs.
However on H4 we can see that price is now below the 5SMA so is favouring shorts. This has been the case since around midnight on 06/06.

If you understand how this works you can adjust your settings and experiment and share your findings.

If I got this wrong then you need to show your settings so someone can offer some help.

Edit: H4 price below the 5 SMA does not favour shorts as such. A cross and close above the 5 sma is what you need for a long trade to open (as long as the D1 conditions remain the same (5EMA above 8EMA))
Indentify > Plan > Accept > Execute
  • #75
  • Jun 9, 2017 9:49pm Jun 9, 2017 9:49pm
Quoting bvc
Hi Been trading this Ea on Demo since 06/06 but it has opened one position, which was a winner, so has anyone got more trades than this?
bvc,
wizlon32 has it correct.. we need more information (ie. Gold or Forex pair(s))

This EA is long term trading .. trading daily trend but entering on 4 hr... if your Daily trend is is still in the direction it was going when the first trade you had opened then re enter on a pull back ... but you'll need to monitor the trade manually.
  • #76
  • Jun 10, 2017 3:53pm Jun 10, 2017 3:53pm
Quoting MTPockets
{quote} bvc, wizlon32 has it correct.. we need more information (ie. Gold or Forex pair(s)) This EA is long term trading .. trading daily trend but entering on 4 hr... if your Daily trend is is still in the direction it was going when the first trade you had opened then re enter on a pull back ... but you'll need to monitor the trade manually.
bvc:

In addition to the very accurate comments by wizlon32 and MTPockets, the EA has some flexibility which you might wish to explore.

For example, you could Disable the Higher Time-frame Check so that EA takes Trades in both directions (Trend and Counter-trend). There is a big difference however, between "more trades" and "winning trades".

You could also adjust the settings to Trade the H4 Time-frame with Entries on a Lower compression (H1 for example). However, these are options that you will need to explore. You would also need to play around with Stop Loss and Trailing Stop Inputs.

Trade well.

Attached Image (click to enlarge)
Click to Enlarge Name: HTF_Filter.png Size: 3 KB
  • #77
  • Jun 10, 2017 4:42pm Jun 10, 2017 4:42pm
Quoting krismitt
{quote} bvc: In addition to the very accurate comments by wizlon32 and MTPockets, the EA has some flexibility which you might wish to explore. For example, you could Disable the Higher Time-frame Check so that EA takes Trades in both directions (Trend and Counter-trend). There is a big difference however, between "more trades" and "winning trades". You could also adjust the settings to Trade the H4 Time-frame with Entries on a Lower compression (H1 for example). However, these are options that you will need to explore. You would also need to play...
I am surprised not to see many more test results by now.

This EA will make you money if you try. I know for a fact that it is a very well thought out and considered Expert Advisor. It may seem simple (which is a positive) but there is power in it's simplicity.

As Krismitt said, Explore! Explore the settings. Explore the time frames and share your results. Then expand on those results. This thread could become one of the best EA threads that there has been.
Indentify > Plan > Accept > Execute
  • #78
  • Jun 10, 2017 8:02pm Jun 10, 2017 8:02pm
Maybe I should be using this EA on a Practice account instead of a Live account .... but having been a follower of BigE (when he was alive and able to answer questions) and having great success with his method. This EA that krismitt has expanded on BigE's method by putting it into an EA that is simple and uncluttered and profitable.
I'm thinking the next step on improving this method is putting it into a Dash (something like GVC has offered in his thread).
https://www.forexfactory.com/showthread.php?t=532236
What are your thoughts??
Krismitt I can't thank you enough for taking the time and effort for sharing.

Respectfully
MTPockets
  • #79
  • Edited 8:33pm Jun 10, 2017 8:21pm | Edited 8:33pm
I'm thinking something like this ..

Attached Image (click to enlarge)
Click to Enlarge Name: Chris 5.JPG Size: 197 KB


but instead of "Candle direction" , the 5 & 8 ema cross in the 4hr, Daily, Weekly and maybe Monthly.
And the Trigger (5 EMA shift 3 ) time frame in the place of "Signal" and the Hodgepodge template set as the Dash Template
  • #80
  • Jun 10, 2017 9:34pm Jun 10, 2017 9:34pm
I am considering the following for the next revision of this EA:-

  1. Option to close Trade on HA Colour Change; and
  2. Option for re-entry after Colour change
  3. Option for exit of trade only on opposite cross of Moving Averages on Higher Time-frame

What do you think?

Regards

Attached Image
0 traders viewing now