Posts made by roar

@spicynote
The code inside "once per bar" -block will execute on every tick. However, the block will continue the execution flow to blocks 8 and 9 only at the first tick of the bar. When new bar appears, it will once again execute only on first tick.
Go ahead and compile the .ex5 and backtest it (in visual mode), that is the best and quickest way to learn. When I do something new, I compile and test 10 new versions of my EA in 10 minutes, its all about the repeating process. You can copy some block groups, turn some blocks off, experiment and find out which does what.

I'd like to keep the process in this forum, for (1) building a knowledge base for everyone and (2) separating my free time, I only come here when I want to escape my busy life, I should be studying right now lol

@spuzy
Off topic - have you tried optimizing by recovery factor? I have found it to be better than profit factor, as some backtests with 2 trades can have a huge profit factor but the statistical credibility is still negligible..

@spicynote
Like dis:

Use the block "modify variables" and from there select candle -> candle total pips

@spicynote
The EA doesnt currently care about the current candle for the trade opening, it only looks the ID 1 and 2. To trade only on candle open, use "once per bar" at the very top of your project

@spicynote The reason here is probably our closing condition: it checks candle close and MA with ID 0 (the current candle), and the price can naturally cross the moving average multiple times in one bar time. Use ID 1 in the closing condition to fix,
or put "once per bar" in the project

@spicynote
Here: https://fxdreema.com/shared/Y3lUXgVrb
Moving backwards in time is best done with the candle ID.
ID 0 = current, updating candle
ID 1 = latest completed candle
ID 2 = 2nd completed candle
etc.

Connecting blocks vertically means "AND".
I connected 2 blocks with condition: "candle close is above 60 MA", with different candle IDs, so the combination reads as "latest candle is above 60 MA, AND the one before it is also above 60 MA"

@spicynote
This will need some fixing. Remember that the ea algorithm runs on every new tick (as we are "on Tick").
Now it checks every tick if the candle is above MA 60, and if that is TRUE, then it buys.
It will not open new buys (even if price is above MA) before we wait 2 bars, that's what the "every n bars" does.
You shouldn't put any closing conditions after the opening condition - that means that you want to close the trade on the same second you open it.

I'll make a working example in a minute

I can't test the .ex5 right now, got an optimization running..
Please use the windows snipping tool to put a picture, or share a copy of the project:

Haha awesome!

HERE WE GO:

For some reason I couldn't get the gaps working, there was a gap on every candle... Going without them for now

Here's a link to google drive, couldn't put the data here: [use new link below]

It still has some problems with minute gaps, but the general concept works

Uhh working with 3 million candles (with all the factors that makes some 20 million data points) isn't as easy as I thought lol

I'm making good progress, though...

e: Getting there... wow this is interesting

@spicynote
Starting a new project:

@moon
Honestly, I don't know with mt4. With mt5 you don't have to.

Use the symbol parameter:

@arrow82 Hi!
I ran a quick backtest with the project https://fxdreema.com/shared/Cy0GAae1c

It does create trades, but the bot trades quite rarely by design. Engulfing candles don't happen very often with RSI over 70.
The reason why you dont see the level 30 is because I mirrored it. It makes no sense to have different levels, like 70 and 20, it must be 70 and 30, 60 and 40 and so on. So its better to use only one level, less work with optimizing.

See what I did here:

The level parameter is indeed 70, but the whole condition actually reads as "14-RSI is below 30" when you work the math out.

Thank you both! I'm going to build something up today once I get home from my real job lol

I think mt5 has improved the custom symbols function, it should be easier. I am thinking of just copying the eurusd m1 data, and then just "flip" some candles over, bull to bear and vice versa, based on some random sequence. Spreads, tick volumes, volatility, gaps, dates will all stay correct, just the direction will be random, onwards from an achor point like 1.1.2010

You can build in both mql4 and mql5. There is an option to choose mql5 when you start a new project

So you can view the project in the fxdreema builder? You know, you could just open 2 browser tabs with fxdreema builder, and then copy-paste the blocks. Probably still gives some errors but they are easy to solve.

I think it would be nice to backtest EAs on a completely random chart. A chart that by design does not follow technical analysis rules or anything else we see on the forex charts.
If the EA "works" in a 100% random environment, one would be certain it has no real trading edge as the profitability would be just a tricky money management scheme. If EA works in real chart but not in random chart, that would be a promising sign.

Do you have any ideas how to generate such a random chart for mt4/mt5? Perhaps it could follow the daily volatility cycle (13-hour ATR) but otherwise the candle opens, closes and wicks would be random...