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  #121 (permalink)  
Old 03-27-2006, 05:50 PM
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Quote:
Originally Posted by Maji
Nich,

I think using any kind of indicator is a bad idea. The strength of the system is because it depends on price action and adding any derivatives and degrees of freedom will only degrade the performance.

Just my $0.02.

Maji
KISS-"Keep it simple stupid". I agree with your statement, however JO has a great idea and stochastics on a one minute chart can get you better entry points. For example, we are entering into a long position from 'Price Action'. The final check is to see if (k>d)on M1. If K>D then the order will go through immediately. If not it will wait until it has crossed, and then enter the order. It won't limit the amount of trades; only get better entry points... just my 2 cents
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  #122 (permalink)  
Old 03-27-2006, 06:09 PM
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Quote:
Originally Posted by jojolalpin
I don't like to have orders with no SL or no TP and when using superclose(), there is no TP untill Trailing be activated. So I ask why not set an initial takeprofit (before superclose set one) to be secured in case of computercrash. That's why I proposed two times the value of takeprofit variable.

Also to initiate on the test plan, parameters are:

Stoploss: 10 to 30?
Takeprofit: 20 to 100?
TimeFrames: M1 M15 H4 Daily Weekly..
Currencies: 12 from Holyguy7 selection? only those with a little spread (<=5)?

those are just suggestions.
Ok, I see what you mean now. It's fairly easy to do. I use a dedicated server with 100% up time, so i neglect to think about things like that.

And here are some notes on the superclose(). I was hoping to be able to have the ability to track TS prices by the ticket number, so you can set MaxTrades to more than 1 AND be able to trail by less than 10 pips.
PHP Code:
void SuperClose(){
   for(
int i=0;i<OrdersTotal();i++){
      if(
OrderSelect(i,SELECT_BY_POS)){
         if(
OrderSymbol()==Symbol() && OrderMagicNumber()==ID){//Pulls in order that meets the criteria for processing
            
int num=0;int pos=0;
            for(
int b=0;b<21;b++){// this (loopB) compares the ticket# of the selected order against the number stored in the ticket array
               
if(tsTicket[b]==OrderTicket() ){
                  
num++; pos=b;// if ticket numbers match, pos is the position in the array where the trailing data is stored
                  
Print("(",pos,") Ticket ",tsTicket[pos]," found.  SL is ",tsPrice[pos]);
                  break;
               }  
            }
            if(
num==0){ // if the loopB did not find a matching ticket number it is time to initialize the data
               
for(int j=0;j<21;j++){
                  if(
tsTicket[j]==0){// this is looking for the earliest instance within the array to store the data
                     
pos=j;
                     
                     break;
                  }
               }
               
tsTicket[pos]=OrderTicket();// setting the ticket number
               
tsok[pos]=false;// this is to determine when trailing kicks in
               
Print("(",pos,") New ticket initialized = ",tsTicket[pos]);
            }
            if (
OrderType()==OP_SELL) {
               if (!
tsok[pos] && (OrderOpenPrice()-Ask>=TSactivation*Point || TSactivation==) ) {// if the trailing factor is false, but it has hit the activation point continue
                  
tsPrice[pos]=Ask+TrailPips*Point;// this is the new trailinf stop price
                  
tsok[pos]=true;// it's ok to proceed with trailing stop
                  
if(TrailPips>8){// if this distance from the current price to the new stop, then modify the order.
                     
ModifyStopLoss(Ask+TrailPips*Point);//modifies order
                  
}
               }
               if (
tsok[pos] && Ask+TrailPips*Point tsPrice[pos] ){//if the position is gaining in profit
                  
tsPrice[pos]=Ask+TrailPips*Point;
                  if(
TrailPips>8){ 
                     
ModifyStopLoss(Ask+TrailPips*Point);
                  }
               }
               if (
tsok[pos] && Ask >= tsPrice[pos] ){// if the postion hits the stop price
                  
CloseOrder(2);
                  Print(
"Order ",tsTicket[pos]," Closed from TS");
               }
            }
            if (
OrderType()==OP_BUY) {// reverse of SELL
               
if(!tsok[pos] && (Bid-OrderOpenPrice() >= TSactivation*Point  || TSactivation==) ) {
                  
tsPrice[pos]=Bid-TrailPips*Point;
                  
tsok[pos]=true;
                  if(
TrailPips>8){
                     
ModifyStopLoss(Bid-TrailPips*Point);
                  }
               }
               if (
tsok[pos] && Bid-TrailPips*Point tsPrice[pos] ){
                  
tsPrice[pos]=Bid-TrailPips*Point;
                  if(
TrailPips 8){
                     
ModifyStopLoss(Bid-TrailPips*Point);
                  }
               }
               if (
tsok[pos] && Bid <= tsPrice[pos] ){
                  
CloseOrder(1);
                  Print(
"Order ",tsTicket[pos]," Closed from TS");
   }  }  }  }  }
   for(
i=0;i<21;i++){// this searches the array for ticket numbers that are now obsolete due to an order that has closed
      
if(tsTicket[i]>0){
         
bool found=false;
         for(
b=0;b<OrdersTotal();b++){
            
OrderSelect(b,SELECT_BY_POS);
            if(
tsTicket[i]==OrderTicket()){
               
found=true;
             break;
            }
         }
         if(!
found){// if there are matching ticket numbers in the trade pool and the array then nothing happens
            
tsTicket[i]=0;tsPrice[i]=0;tsok[i]=false;// if there is an obolete ticket the the data is reset.  And the next new ticket data can occupy this space
            
Print("Array pos ",i," Cleaned");
}  }  }  } 
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Last edited by Nicholishen; 03-27-2006 at 06:15 PM.
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  #123 (permalink)  
Old 03-27-2006, 06:14 PM
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Great! Thanks a lot!
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  #124 (permalink)  
Old 03-27-2006, 06:17 PM
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Zero Loss,,,,,No Trades

I was hoping to test out Profit Generator 2.4. It has not placed any trades from 630GMT.....Has it been placing anyother trades for anyone. TF15 $/CHT, £/$, Euro/$..


Please let me know, as I think this is a good EA in principal.
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  #125 (permalink)  
Old 03-27-2006, 06:21 PM
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Here is the EA with change to the TP after UseClose is true. It will double the TP for safety purposes. Thanks Jo!
Attached Files
File Type: mq4 Profit Generator 2.6.3.mq4 (13.1 KB, 350 views)
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  #126 (permalink)  
Old 03-27-2006, 06:22 PM
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Quote:
Originally Posted by dazminder
I was hoping to test out Profit Generator 2.4. It has not placed any trades from 630GMT.....Has it been placing anyother trades for anyone. TF15 $/CHT, £/$, Euro/$..


Please let me know, as I think this is a good EA in principal.
You will get less trades because the first criteria is that the present bar has to be greater than the value of LongBar in length. I would recommend a smaller candle on the lower TF.
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  #127 (permalink)  
Old 03-27-2006, 06:22 PM
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nothing more since last post about this (gbpusd still loser) but i'm running on H1 and daily and I kept longbar=15.
let's wait this night (overall for jpy pairs)

Last edited by jojolalpin; 03-27-2006 at 06:31 PM.
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  #128 (permalink)  
Old 03-27-2006, 07:09 PM
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Question

anyone to suggest me testing parameters (SL & TP)?
I will use no hours limit on main currencies and M1, M5, M15, H1 and H4.
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  #129 (permalink)  
Old 03-27-2006, 07:55 PM
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Quote:
Originally Posted by jojolalpin
nothing more since last post about this (gbpusd still loser) but i'm running on H1 and daily and I kept longbar=15.
let's wait this night (overall for jpy pairs)
I have noticed that the GBPUSD seems to work better on the Daily chart:

TP: 40
SL: 30
No Timefilter
Longbar: 10

Just seems more reliable. EURUSD and USDCHF seem to do better on the H1 chart with longbar at 15 and timefliter on.

I am struggling right now as the major currency pairs are giving me fits with this EA. Anybody been successful on the major currency pairs??? If so, please post your findings.
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  #130 (permalink)  
Old 03-27-2006, 09:51 PM
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Hi

HolyGUY,

What is the progress today on this new EA
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