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Today, til now, only 1 position (divided to 3 trades) was taken.
Strange!
Not strange at all. like I suggested, put the indicator on the chart, and you'll see the amazing works.
Regards
David
__________________
"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis." - Jesse Lauriston Livermore
Everything is fine: I attached this EA to 18 pairs. Just to see how this EA is trading. I know that I selected small demo deposit size for that (occasionally). I did it in the morning and I closed Metatrader right now only.
Two last trades I closed manually as I decided to close Metatrader.
From the statements attached you can see about which pairs traded today.
I used settings (pre-set file) posted by davidke20 except the following:
- I used different magic numbers for every pair/chart;
- I used Multiplier=2 and OrderstoProtect=2 (as davidke20 suggested to minimize the risk);
- I used UseTimeFilter=false (as I am trading during the GMT day time and I did not want to use this EA in "set-and-forget" way - I monitor ther trades because i wanted to see how this EA works).
I understand that it is risky concerning the news and so on ...but ... just to try on demo for 1 or 2 days before demo testing.
EURUSD did not trade today since morning till now.
Last edited by newdigital; 12-10-2007 at 06:10 PM.
Everything is fine: I attached this EA to 18 pairs. Just to see how this EA is trading.
Thanx ND for taking the initiative to demo test it. This EA is indicator driven, as it will only trade on the MACD cross. Therefore, some of the broker might have triggered trade already, whilst another doesn't due to the wrong moving averages calculation for MACD from different data feed(some broker might have a quick spike on support/resistance, that created a false indicator signal).
Regards
David
__________________
"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis." - Jesse Lauriston Livermore
That's not a problem. Because before I decide to demo test this EA for few months so i am always trying to understand about how EA works. It works fine. I will monitor (just to see) the trading up to the end of the week.
I am not sure about the news: it will be Interest Rate for USD and Trade Balance for GBP tomorrow, Trade Balance for USD and CAD in the day after tomorrow and CPI Core on Friday. May be, I should stop trading before news ... we will see it anyway. I think it is more related to deposit size but i selected small deposit size occasionally.
But anyway it is just an experiment.
How this EA works?
I don't know the coding logic but just look at MACD indicator (this EA is taking the signal to buy or to sell from standard MACD indicator).
It is condition for buy order:
It means that MACD histogram should be below signal line 2 bars ago, should be below 0 line 1 bar ago and should be above signal line 1 bar ago. And EA will open buy orders.
- attach this EA with many pairs in one Metatrader. I attached to 18 pairs. I used different nagic munber for different pairs. And other settings are the same one. We can check the spread using this indicator current spread and swap monitor or this indicator Spread monitoring to decide do we need some pair to trade or not. We also can check the leverage (just to be sure) Spread monitoring
- attach MACD alarm/alert indicator to every chart. This indicator must gove alert on open bar so we will have up to 1 hour to decide to trade some pair or not. Alert should be like this one:
"Possible buy soon"
Possible sell soon".
Once we get alert so we will monitor this pair. We must have bar counter as well. Just to know how log we will analyze before the bar will be closed: New Candle Countdown Timer Clock Candles
- if we decide to trade alerted pair so we can go to this chart and switch EA on this chart to be on. Just for this chart only.
Wow ND. Wasn't know you're paying this much attention here. Anyways, after reading your notes, I've come up with the alert EA(no trading function) that will suit 10p3v0.01 and v0.02. Plz feel free to play with it.
Regards
David
__________________
"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis." - Jesse Lauriston Livermore
By the way, you dont need to change the magic number as it handling trades according to the chart it attached to. It will not confuse at all. From order opening, order closure ~ trailing stops, all are treated independantly according to the chart's symbol. Unless you want 1x 10p3v0.01 trading on H1, another 10p3v0.01 trading on H4 and another 10p3v0.01 trading on D1, and all 3 charts are on EURUSD, then you'll have to change the magic number.
Regards
David
__________________
"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis." - Jesse Lauriston Livermore
OK. Have stolen some codes from Nick Bilak on the time function. This 1 is indicator just incase you dont want it to be in EA format.
Regards
David
__________________
"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis." - Jesse Lauriston Livermore
Linear Mode
