Posts made by SirBoyce

@sirboyce Oh great! Now when I backtested my BUY EA on GBP/USD it delivers a loss...testing on exactly the same currency pair, over the exact same period, timeframe etc. etc. etc. as I did yesterday when it delivered a really nice profit. WTF!!!!

How can you possibly reliably test these EA's????????

This project https://fxdreema.com/shared/iP90As69e (incorporating both buys and sells conditions) worked great on EUR/USD and delivered profit...right up to the last but one trade when the stop loss on the buy did not trail up again for a 15 pip win (and ended up break-even):

Also noticed this occasion where should have been a profitable buy but no trade:

Running exactly the same EA on GBP/USD...and the whole test f**ks up because a sell open has no stop loss at all so the test runs on thinking that the trade is open all the way to the end (and of course no further sell trade is executed):

Losing the will to live here!

@line Thanks, but that is not what I am looking for . On my buy conditions you have programmed to sell! I have the BUY element of my strategy done and it works profitably on certain currency pairs, 15 minute charts, during London/Euro market hours.

What I want now is to do with the same for short trades. I want the a SELL to execute on the following conditions:

• Previous candle close is a bear candle
• Previous candle close below EMA5
• Previous candle close: MACD Main is below 0.00 line
• Previous candle close: MACD Main is below MACD Signal line

Upon all the above, Sell trade open with 15 pip stop loss, trailing so that for every 15 pips price goes down during trade, stop loss moves down by 15 pips.

I cannot understand why the EA I shared with Andorra does not properly fulfil this strategy and stops out trades (as per screenshots).

@l-andorrà https://fxdreema.com/shared/jHwBhm2Bd

@line Thanks for that! I also inverted conditions from buy to sell (with the exception of switching the EMA component for market entry condition from 20 to 5). Trailing stop loss 15 Pips on Open with 15 Pip Step (just the same as for the Buy EA). Ran the EA on EUR/GBP and it produces some expected closes, but also some really weird ones:

Incorrect S/L Mod and stopped out (should have been a profitable trade):

Open S/L hit no reason (should have been a break-even):

2 S/L stopped trades for no reason:

Any idea why this could be happening? Is it just inaccurate testing by MT4?

Thanks again for all your input.

@line Thanks!!!! That's exactly what I was looking for. Although it done run more profitably for me with the x> condition. What mods did you make (if you don't mind me asking) that produced that test report you did have up here, and what time period did you you backtest over?

Thanks again!

@line Gotcha. Thanks!

https://fxdreema.com/shared/qLv0whrNb

@trader-philipps Just for your reference, with Trailing Stop set at 15, Trailing Step at 10, and Trailing Start at Open Price, here are some screens from testing 2nd September to 25th September:

First Buy Open (should have hit a 15 pip stop loss, conditions for a profitable buy missed later on):

Buy conditions met but no Trade (would have hit TP):

No S/L on Open:

Apparent correct Buy Open, Trailing S/L and TP Reached:

@trader-philipps Hi there. I can't get this to work properly. All I want is for a buy to open when - upon a bull candle close - the candle closes above the slow EMA & the MACD main has crossed from below to above the MACD 0.00 line & above the MACD signal line. When the buy opens, I want a stop loss of 15 pips below automatically, and for every 15 pips the price rises during the open trade...the stop loss to move up by 15 pips.

I had the buy opening conditions working fine, but introducing the stop loss has produced some crazy results on testing (some orders open with what appears to be a stop loss, others don't etc.).

If you can show me how to share my project with you, could you just show me how to do this? That would be greatly appreciated!

Thanks.

@l-andorrà Not sure I follow. All I want to know is where should the trailing stop block be placed in the previous screenshot to enable the buy trade close to be triggered by it, and what parameters for that block to set the stop loss on trade open at 15 pips below, and trail the price moving up by 15 pips at a time. How do I share a project anyway?

@trader-philipps Hello again! Thanks for all your help on this, it is very much appreciated. I'm getting there I promise

The no trade block was not the issue I was trying to resolve, I simply wanted to see that the buys were entering on the conditions I had set. However, your advise to switch the candle ID was spot-on.

It is clear from testing that a close trade on MACD main to (on a BUY, for example) below the MACD signal line is not ideal, and I am now thinking a trailing stop is the way to go to close out any trades (on testing my market entry is good but the MACD retrace is stopping me out of many trades before they have a chance to 'mature' and is also closing trades at a loss in temporarily ranging markets with lots of short-term up and down MACD movement).

For my BUY EA, Instead of the condition of trade close being MACD Main below MACD Signal line on previous candle close, if I wanted to use instead a trailing stop - with the initial stop less set at, say, 15 pips - and so that every time the price moves up 15 pips the stop loss shifts up by the same amount, would you mind telling me if the following parameters are correct and also where the Trailing Stop block should be placed in the EA chain???

Thanks again for all the amazing advice!

@trader-philipps Hi there. The EA you sent me was a big big help. Thanks so very much, I learned a lot. However, despite a few tweaks my end it still didn't perform as expected, particularly with regards to exiting positions.

I'm now trying to take things one step at a time and simply trying to get a BUY to ENTER TRADE on the desired MACD conditions....when 15min candle has CLOSED and has closed displaying the following conditions:

• MACD Main is above 0.000000 value...
• AND when MACD Main is above the MACD Signal line

When I back tested the above (and when I changed the candle ID to 0, as well) it's clear its entering buy trades when the MACD Main line at candle close is below the Signal line, and even when the candle close is below the 0.00 Line:

Why would this be happening?

Cheers!

So now, no matter what iteration of my fxDreema EA I choose to test in MT4....on whatever currency pair...it runs the same one which seems to have gone completely haywire. It doesn't matter if I give an EA a different name and re-compile in the terminal. Any advice please?

@l-andorrà Thanks!

@trader-philipps OK, I've taken a look....and it's actually very similar to what I had done. The main difference appears to be the inclusion of the Once Per Bar blocks. I have to admit I don't really understand those (I'm new here!) but will have another go and hopefully that and a few parameter checks might actually work! I'll let you know how I get on. Thanks ever so much for this.

@trader-philipps Thanks man! Let me look into that and see what I can see!!!

Hi All,

I really hope someone can help me with this! I am trying to create what I think should be a relatively simple EA (for the M15 chart) that does the following:

Executes a BUY trade when all the following conditions are true of the previous candle close:

• Previous candle is a bull candle
• The previous bull candle closed above the slow EMA
• On previous candle close the MACD histogram bar is above the 0.00 line
• On previous candle close the MACD histogram bar is above the MACD signal line.

Like this:

Exits the BUY trade when the following condition is true of the previous candle close:

• On previous candle close the MACD histogram bar is below the MACD signal line, like this:

Executes a SELL trade when all the following conditions are true of the previous candle close:

• Previous candle is a bear candle
• The previous bear candle closed below the fast EMA
• On previous candle close the MACD histogram bar is below the 0.00 line
• On previous candle close the MACD histogram bar is below the MACD signal line.

Like this:

Exits the SELL trade when the following condition is true of the previous candle close:

• On previous candle close the MACD histogram bar is above the MACD signal line

Your help would be massively appreciated!!!!

Many thanks for taking a look,

Andrew