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  #411 (permalink)  
Old 10-20-2006, 10:02 AM
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All's well

Quote:
Originally Posted by yeoeleven
This is a dangerous EA and I am still alive with MaxTrades6.
Would I be if it was a live account? It is all in the depth of your pockets and your risk aversion.

I will update the week's statement when this saga has played out.

John
Well it was touch and go there for a while but the MaxTrades6 was successfully closed.

I have included a progressive summary for the week to date and have decided for the first time to leave the EA working over the weekend.

John
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File Type: gif 10points#17.gif (5.0 KB, 163 views)
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File Type: htm 10points#17.htm (26.6 KB, 83 views)
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  #412 (permalink)  
Old 10-21-2006, 01:17 AM
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This Ea is good for the pair USDCHF but the bad for the pair EURUSD on thursday.For the pair USDCHF its can follow the trend move but not for pair EURUSD.
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  #413 (permalink)  
Old 10-21-2006, 05:02 AM
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DLMv1.1

Always on the lookout for an EA to forward test I noticed an interesting EA posted here

Martingail

It is called Terminator and apparently is being tested in the elite section.
What surprised me was that it is DLMv1.1 which was developed from 10points_3 with different trading indicators.

I have downloaded it and set it up to trade from Monday morning using the IBFX demo $5000 platform on H1. I have gone back to the original settings except to trade from .01 using all the pairs mentioned up to Maxtrades10 and TP 38.

The idea being to look for incidences of trades exceeding MaxTrades6 as well as to note the effects of the other 3 indicators. It wouldn't be too hard for some amongst us to add the other indicators to our 10points_ Dynamic_Stop If they prove to be effective. Open to any other ideas in utilising it's benefits to improve our 10points3.

A final weeks summary is added for last week's testing of 10points 3

John
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  #414 (permalink)  
Old 10-21-2006, 01:11 PM
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Quote:
Originally Posted by yeoeleven
The magical number was added by tururo and his amended version of 10 points3 called 10points3 Dynamic stop can be found on page 18 of this thread. It was amended following discussions there and the reasons are outlined in that area of the thread.

I have added that information not to diminish Matt's efforts but to show where the magical number originally came from. When the thread gets into many pages it is easy to miss such pivotal posts.

John
Thank you , John.
The 10points3 dynamic stop works good for me.
There is one important feature in 10point3 and it probably is in the dynamic version too which cost me 2% of my margin ( the profit of a whole day).

I had a big argument with support of InterbankFX about this and demanded a refund, but he proved that the EA made the mistake.

What happened ?

I have tp 10 pips and maxtrades=10.
My lot-size is 0.1 in a Micro-account with IBFX.

The EA opened 6 positions short EURUSD because the price went up.
Distance between orders is 8 pips.

The seventh position was requested by the EA but not filled by IBFX.
The price was requoted with a deviation of 4 pips.

The EA somehow confirmed the new price and the 7th position was opened at 4 pips distance instead of 8 pips distance.
The EA did not change the tp, thus the tp for this position was 6pips instead of 10 pips away from entry.

That caused the big loss.

Only 6 pips tp was not enough to cover the losses of the previous 6 orders.

If someone is able to correct this EA ?
It should change the tp in a situation like this.
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  #415 (permalink)  
Old 10-22-2006, 07:05 AM
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Just wondering...

Has anyone tried or would anyone know what would happen if you changed the level that this EA scales in? As with the current settings I see if you bought at .7500 you would double up at .7485 and again at .7470. What if you change it to do the following..if you bought at .7500 it would double up at .7475 and then again at .7450? I am thinking you would need to make other adjustments as well?
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  #416 (permalink)  
Old 10-22-2006, 10:14 AM
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Scaling

Quote:
Originally Posted by JN75
Has anyone tried or would anyone know what would happen if you changed the level that this EA scales in? As with the current settings I see if you bought at .7500 you would double up at .7485 and again at .7470. What if you change it to do the following..if you bought at .7500 it would double up at .7475 and then again at .7450? I am thinking you would need to make other adjustments as well?
Pips15 would be changed to Pips25 to change the incremental scaling. Similar to changing the TP40 to TP25 and the MaxTrades10 to MaxTrades6, we have not experimented with Pips15 but expect that is all that would be needed.

John
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  #417 (permalink)  
Old 10-22-2006, 11:10 AM
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Quote:
Originally Posted by mikon12
Thank you , John.
The 10points3 dynamic stop works good for me.
There is one important feature in 10point3 and it probably is in the dynamic version too which cost me 2% of my margin ( the profit of a whole day).

I had a big argument with support of InterbankFX about this and demanded a refund, but he proved that the EA made the mistake.

What happened ?

I have tp 10 pips and maxtrades=10.
My lot-size is 0.1 in a Micro-account with IBFX.

The EA opened 6 positions short EURUSD because the price went up.
Distance between orders is 8 pips.

The seventh position was requested by the EA but not filled by IBFX.
The price was requoted with a deviation of 4 pips.

The EA somehow confirmed the new price and the 7th position was opened at 4 pips distance instead of 8 pips distance.
The EA did not change the tp, thus the tp for this position was 6pips instead of 10 pips away from entry.

That caused the big loss.

Only 6 pips tp was not enough to cover the losses of the previous 6 orders.

If someone is able to correct this EA ?
It should change the tp in a situation like this.
You could alter the value of slippage to a lower value. It is set to 5 by default, which means a price of up to 5 pips from the current price will be accepted. With your low values of pips and takeprofit this will have big effect. If you make it a lower value then the down side is that during times of high volatility orders will sometimes not be placed until the price has moved on. A mod could be made to adjust the take profit after the trade was opened, when the entry price was known.
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  #418 (permalink)  
Old 10-22-2006, 01:28 PM
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The Pipstep of (15) appears to be low however if you increase the Pipstep to like 18-20 this increase's the risk if you hit the Max trades. As a comparison for FIREBIRD most Pipsteps for that EA is usually between 18-25. I think a Pipstep from 18-20 would be acceptable for This EA. (10point3)
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  #419 (permalink)  
Old 10-22-2006, 02:15 PM
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Hi ppl,

If you increase pips steps will be more dificult the EA make profit.. because the stop profit have to be more longer to make profit and the cross have to do a bigger retration.

Last edited by Fast_cris; 10-22-2006 at 04:45 PM.
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  #420 (permalink)  
Old 10-23-2006, 04:07 AM
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10point error-recalculation function

taken from mql4.com by Andrey Khatimlyanskyy

template
Code:
int start()
  {
    // check whether the market should be entered now
    ...
    // calculate the Stop Loss and Take Profit levels, and lot size
    ...
    // check whether trade context is free
    int TradeAllow = _IsTradeAllowed();
    if(TradeAllow < 0) 
      { 
        return(-1); 
      }
    if(TradeAllow == 0)
      {
        RefreshRates();
        // recalculate the Take Profit and Stop Loss levels
        ...
      }
    // open a position
    if(OrderSend(...) < 0) 
        Alert("Error opening position # ", GetLastError());
    return(0);
  }
function
Code:
/////////////////////////////////////////////////////////////////////////////////
// int _IsTradeAllowed( int MaxWaiting_sec = 30 )
//
// the function checks the trade context status. Return codes:
//  1 - trade context is free, trade allowed
//  0 - trade context was busy, but became free. Trade is allowed only after 
//      the market info has been refreshed.
// -1 - trade context is busy, waiting interrupted by the user (expert was removed from 
//      the chart, terminal was shut down, the chart period and/or symbol was changed, etc.)
// -2 - trade context is busy, the waiting limit is reached (MaxWaiting_sec). 
//      Possibly, the expert is not allowed to trade (checkbox "Allow live trading" 
//      in the expert settings).
//
// MaxWaiting_sec - time (in seconds) within which the function will wait 
// until the trade context is free (if it is busy). By default,30.
/////////////////////////////////////////////////////////////////////////////////
int _IsTradeAllowed(int MaxWaiting_sec = 30)
  {
    // check whether the trade context is free
    if(!IsTradeAllowed())
      {
        int StartWaitingTime = GetTickCount();
        Print("Trade context is busy! Wait until it is free...");
        // infinite loop
        while(true)
          {
            // if the expert was terminated by the user, stop operation
            if(IsStopped()) 
              { 
                Print("The expert was terminated by the user!"); 
                return(-1); 
              }
            // if the waiting time exceeds the time specified in the 
            // MaxWaiting_sec variable, stop operation, as well
            if(GetTickCount() - StartWaitingTime > MaxWaiting_sec * 1000)
              {
                Print("The waiting limit exceeded (" + MaxWaiting_sec + " sec.)!");
                return(-2);
              }
            // if the trade context has become free,
            if(IsTradeAllowed())
              {
                Print("Trade context has become free!");
                return(0);
              }
            // if no loop breaking condition has been met, "wait" for 0.1 
            // second and then restart checking            Sleep(100);
          }
      }
    else
      {
        Print("Trade context is free!");
        return(1);
      }
  }
The code checks to see if theres a busy trade context error, and if it is, it will wait (30 seconds or stopped by user) untill the trade context will be available. Once available will recalculate the TP and SL.

Last edited by kentashiburo; 10-23-2006 at 04:10 AM.
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