Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
I am testing Brainwashing 1b EA with the default settings except:
- OnlyEnterOnFullBars true;
- Only ExitOnFullBars false;
- useCloseTradeRules false.
This EA is having a big potential.
But see an image. The EA open the sell on eur. If we have iTrend as a filter this EA should not open this order. I attached the statement. It was minus 17 p because of that.
We need to use the filter.
It may be iTrend or an other one.
I make some tests whit Brainwashing 1b EA. I used same settings as newdigital.
In usd/jpy chart whay didn't open SHORT order when receive signall?
Sorry twinsen,
I did not see any errors from your image. If you have the same setting with me so you have the following:
OnlyEnterOnFullBars true;
It means this EA will open the sell order on jpy on the full bar only.
For example you see the sell signal (big red dot). This red dot will appear right now. Current bar is 0 bar. Previous bar is first bar ("back to the future". .)
If OnlyEnterOnFullBars is true so this EA will open the order when the signal will be on the first bar (one bar ago).
If you change the settings OnlyEnterOnFullBars from true to false this EA will open the order immediately after the signal (dots) will be appeared.
Why we are using the OnlyEnterOnFullBars true? Because the signals are disappeared. Yes it is true. And not in this system only. Everywhere in signal systems. Just imagine that EA opens the sell on 0 bar and this signal was transformed on to buy on the next (1) bar!
I compared the idea testing manually and testing by EA. I did it one week ago together with testing idea with filter iTrend. And this EA (original one and Beluck's one) will open the order on the next bar only. It means OnlyEnterOnFullBars true is order to be opened on the next bar. His bar was closed but EA will not open the order. EA will wait next 15 min (on m15) to open. Because it was programed like this:
if true it means on 0 bar (which was not closed yet);
if false it means on 1 bar (which was not closed yet).
So it is written Full bar. But it is next bar.
It was programed like this.
This OnlyEnterOnFullBars should be re-named.
Because if OnlyEnterOnFullBars is false it means:
"OnlyEnterOnFullZeroBars false" or "OnlyEnterOnFullCurrentBars false".
If OnlyEnterOnFullBars is true it means:
"OnlyEnterOnFullFirstBars false".
As example see image. The sell signal on eur was at 12 o'clock. But EA opened sell order on 12:15 (next not full bar) - see statement.
But according to his image the signal was on 0 bar (closed already but 0).
But we are talking without twinsen.
Twinsen, what is on now? Which bar? We confused probably...
Last edited by newdigital; 10-31-2005 at 04:52 PM.
Please find my statement for today.
I am testing Brainwashing 1b EA on 4 main pairs m15 with the default settings except:
- OnlyEnterOnFullBars true;
- Only ExitOnFullBars false;
- useCloseTradeRules false.
newdigital is right - it is current bar, which is not yet closed.
only when next bar appears after that bar with signal, it will be full bar and expert should open sell order.
Twinsen, did you continue to test? has expert opened sell after that bar?
newdigital is right - it is current bar, which is not yet closed.
only when next bar appears after that bar with signal, it will be full bar and expert should open sell order.
Twinsen, did you continue to test? has expert opened sell after that bar?
No. The expert not sell... It's my mistake
Sorry newdigital
I want to explain what the OnlyExitOnFullBars means.
Want to repeat that in few posts above we discuss everything about OnlyEnterOnFullBars (false or true).
OnlyEnterOnFullBarstrue it means that you enter on the next bar with a signal from previous bar. Just a wait one bar more (the EA will wait). In this case the signal will not be disappeared.
We may use OnlyEnterOnFullBarsfalse if we confirm the signal by some filter (iTrend for example) to be sure that this signal will not be disappear or if the signal was disappeared but we are sure that it will be appeared once again (because of some filter to filter the signals or to estimate the trend). We do not have it now in this EA. So use OnlyEnterOnFullBarstrue.
Why we need to have a filter to filter or estimate the trend? Because if we use OnlyEnterOnFullBarstrue we enter late sometimes. But do not have any choice now. Anyway it works.
So now OnlyExitOnFullBars. Just pretend that I have OnlyExitOnFullBarsfalse and you have OnlyExitOnFullBarstrue. What is the difference between us will be?
My EA will exit every time when it see the signal and I will have my + 10 p in profit (may be more). In the same time you will have your - 10 losses (may be less). I will have my +15, you will have your - 15. And I will have my + 10 once again and you will have + 100 (may be more). Yes, this OnlyExitOnFullBarstrue settings for the people who agree to lose few pips to receive big profit finally. My EA will finished his job anyway up to the signal which may be disappeared soon. Your EA (with your settings) will follow the big trend to get big profit.
If you plan to increase your deposit from $500 to $1,000 (or from $1,000 to 2,000) for example choose OnlyExitOnFullBarsfalse. If your are trading using 5,000 or more - your setting may be OnlyExitOnFullBarstrue.
Later on when all the job with this EA will be finished (and nothing will be improved) we will write some document with some suggestion about the settings.
-On 03:15 Sell and Close on 04:27... Why not on 05:30 ?
-On 05:30 Buy and Close on 06:03... why not on 10:15 ?
-On 10:15 Sell and Close on 11:00... Why not on 17:45 ?