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    U
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    Posts made by uchiha

    • RE: Share different strategies

      From what I see, you have a very good EA, the draw-down is reasonable. There's simply no need to tamper with it.
      Personally I do not rely on back-tests, it isn't a true reflection of an EA's potential (my opinion).
      If I were you, I would forward test it for a given time or number of trades and then check the results again.

      Again I will say, if it's not broken (it looks very good) - don't try to 'fix' it. Over optimizing might end-up spoiling a good EA.

      posted in Questions & Answers
      U
      uchiha
    • RE: Share different strategies

      Nice suggestion...

      How do you evaluate a winning strategy?

      A recent method I discovered, is to check your win/loss percentage [not profit/loss amounts] for a given number of trades (I choose 20), now, if its above 50%, you have an edge, so there is no need to 'improve' the strategy. If the strategy still incurs a loss (in money) then your money management needs to be changed to tip the balance (without changing the strategy).

      So rather than improve a winning system, an EA developer can simply calculate the systems edge on a per 20 trades( or any preferred number) basis, and once the results fall below 50% the EA stops and sends the owner an alert. Then you can consider improving or reconfiguring your EA.

      My two cents 🙂

      posted in Questions & Answers
      U
      uchiha
    • RE: Using a button to run a task

      I hope the below picture helps you understand better how to go about it

      ......
      button.JPG

      posted in Questions & Answers
      U
      uchiha
    • RE: Including a News filter

      Ah yes I forgot, it is because it was a pre 600+ MT4 build code. I used a compiler to convert it automatically to 600+ (You just need to open the indicator with the compiler, go to tools and compile. It resolves it.)

      I do not know if you have the time, in case you do, the compiler can be gotten here: http://tinyurl.com/p4ja5gf

      Yes the indicators buffers are self explanatory, but executing this using the buffers is where the problem lies, why

      1. The bottom two buffers have more than 1, buffer-initial-value: ex. ExBuffer1 [] has, ExBuffer1 [0] and ExBuffer1 [1].
      2. It gives -ive time values and +ive time values.
      3. The time values from the buffers do not correspond to the indicator news printouts.

      Sorry for the headache, I've tried to rewrite the code in vain.

      posted in Questions & Answers
      U
      uchiha
    • RE: close trade

      Your EA will only go through the sequence when "No trade is running", however it sees the conditions and buy or sells...therefore a trade is now running.

      Once a trade is running it wont pass, you need to remove block 49,50,51,52 from under buy and sell respectively and then attach it to the "if trade is running" block... I hope it helps

      posted in Questions & Answers
      U
      uchiha
    • RE: Including a News filter

      "The biggest issue for me is that I personally don't understand those news and how they can be used.."

      Maybe this explanation can help, you see, you do not need to care about the news itself, just that it is either:

      1.High Impact
      2.Medium Impact or
      3.Low Impact

      and then the time until (1,2 or 3) occurs... the indicator assigns numbers to the above impact releases, and has a time value calculated or retrieved from the website (I don't know 😕 ).

      So what the news is about is irrelevant, only Impact and time.

      P.S: I have attached an older version which seems to work, it has 3 buffers which could solve my problem, but I cannot interpret the values of those buffers to reflect my intentions.

      ......
      My FFCAL.mq4

      posted in Questions & Answers
      U
      uchiha
    • RE: Including a News filter

      I can understand the point you are making, although if those candlestick blocks work fine, I think its okay to leave them (might be useful to someone).

      My EA is not based solely on this indicator (not trying to convert it into an EA itself), see, just like an EA uses a moving average, with the "price x> indicator" block. I want the EA to take some outputs of the indicator and use. When I import the news indicator to fxdreema, I only get 1 buffer and using the "indicator tester" this buffer gives a weird concept of time.

      I don't know your proficiency in mq4, but I assumed you'd do better than me in modifying the indicator [by giving it the buffers above] such that I can make use of it like a moving average e.t.c

      posted in Questions & Answers
      U
      uchiha
    • RE: Including a News filter

      About the Indicator:

      For any given pair, the indicator shows:

      • [1] High (in red), [2] Medium (in blue) and [3] Low (in green) impact news.
      • [4] The time before such news is released.
      • [5] The time after such news is released.

      So what should you do with the indicator?

      Well if you can, give the indicator buffers for the above [5 in total], such that I can use it in the "condition" block example:

      Condition: ( High impact news [1] == 14 minutes [4] ) ---------->> Close Trades

      In other words I want to close all trades before a news event occurs.

      or Condition: ( High impact news [1] == 14 minutes [5] ) ---------->> Open Trades

      meaning, I want to open trades after a news event occurs.

      P.S: You could add a News block to fxdreema, where such options and maybe more are available using this indicators data. I don't know how difficult or easy that is though 🙂

      posted in Questions & Answers
      U
      uchiha
    • RE: Including a News filter

      Hello fxdreema,

      I noticed there was a previous request to include a news filter into your software, I vote in favor of that request.

      Right now, I need my EA to close all trades (xx) minutes before/after any High or Medium impact news on each pair the EA is attached to.

      My preferred indicator currently just has 1 buffer, and my minimal skills have been unable to modify it to suit my desired outcome.

      Can you please help?

      P.S: The Indicator is free to use anyway deemed fit, and has no restrictions to the best of my knowledge.

      P.P.s: In "time filter", does server time mean broker time? I want to use broker time.

      ......
      SonicR_5 FFCal Panel_v2 (Black).mq4

      posted in Questions & Answers
      U
      uchiha
    • RE: Total Profit from trades in a day

      Many thanks for the tips

      posted in Questions & Answers
      U
      uchiha
    • RE: Total Profit from trades in a day

      Hello

      I want to stop trading when the total profit of all trades taken in a day is 25% of the starting equity.

      e.g Trade begins at 8.am , balance is $100, after 3 trades (trade 1 = -$10, trade 2 = $30, trade 3 = $5) total profit = $25 therefore the EA stops trading

      Next day balance is $125 ...e.t.c

      Does this work?

      https://fxdreema.com/shared/UYCLyHtPb

      posted in Questions & Answers
      U
      uchiha
    • RE: Using the trailing stop block

      Thanks fxdreema

      I would make my questions as clear as possible hence forth 😛

      posted in Questions & Answers
      U
      uchiha
    • RE: Setting Stochastic with %K and %D

      Stochastics have Main Line and Signal Line: Study your stochastic indicator properties [change the colors or something] and figure out which is main line and which is signal line, then depending on your desire, change the properties in that [condition] block you showed.

      posted in Questions & Answers
      U
      uchiha
    • RE: Looking for max account amount

      Thanks for the tip. I'm still getting used to variables 🙂

      posted in Questions & Answers
      U
      uchiha
    • RE: Using the trailing stop block

      Hello

      I think you are misunderstanding me. All I require is for you to check the [Trailing block]. Ignore everything else, only reason I showed the breakeven modification part was so you could tell me if it affects the [Trailing block] parameters. My custom Breakeven works as I want so far.

      https://fxdreema.com/shared/XHg4xhu4c

      Does the above work like described in the chart area description?

      posted in Questions & Answers
      U
      uchiha
    • RE: Looking for max account amount

      Or Test this to see if it works for you.

      https://fxdreema.com/shared/1idfoiJlb

      posted in Questions & Answers
      U
      uchiha
    • RE: Using the trailing stop block

      I did not use the ** block because I want the breakeven price to cover the spread difference- not sure if it does that so I did it manually. plus I intend to modify it to increase the profit of a breakeven trade later. 🙂

      Buy/Sell on every tick?! 😄 Obviously not, I did not include the rest of the code, because all I am interested in, is the trailing part (i.e after a buy or sell: how does the trailing option I used compare with the comments I made?, will it perform exactly as I described in the post?)

      posted in Questions & Answers
      U
      uchiha
    • RE: Using the trailing stop block

      From your explanation, I set my stop-loss, break-even and trailing-stop as follows, it seemed to perform weirdly yesterday, please have a look and tell me if it follows my description below.

      https://fxdreema.com/shared/r9GJJ3KId

      Original SL set at 100pips below open price

      Break-even is triggered when current price is +90pips from open price

      Trailing stop is triggered when current price is +200pips from open price and it trails the current price by +100pips

      P.S - ignore the block numbers.

      posted in Questions & Answers
      U
      uchiha
    • RE: Setting Market hours

      https://fxdreema.com/shared/8BO2X20ld

      Study that, it should be a good starting point

      posted in Questions & Answers
      U
      uchiha
    • RE: Using the trailing stop block

      hello

      The 'trailing stop' block is a bit confusing for me. I want to open my trades without stop loss or take profit set, and I want to trail the price by say 50pips [when profit is +50;stop is at open price, when its +100;stop @+50 etc]

      Can you explain the block functions

      [Trail what] means what?
      [Trailing stop] means what?
      [Trailing step] means what?

      or simply give an example.

      posted in Questions & Answers
      U
      uchiha
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