Multi 10:4 Trader EA

[mjws00]

Hello Traders,

This EA has made 9.30% this week, I've fixed quite a few bugs, added the ability to select which pairs to trade, autosymbols, trailing % on individual pairs, ability to manually close individual trades from the EA.

Simplex has made some excellent improvements to the display.

I'm just testing now and will upload before Monday if all is ok.

Best Regards

Andy

Brilliant work, Andy. et al.

[MrLong]

Is there anything in particular one has to do (like click on the chart buttons) for this EA? Is it. for lack of a better word, set and forget? Just want to make sure I have a proper set up. Thank you.

Hi,

It's not possible to have a set and forget EA, you will need to monitor the EA's trades, you will need to
monitor the charts of trades taken, if the EA has opened a trade and price is heading towards some R/S
level, the trader will have to decide to close the trade or let it run.

Andy

[MrLong]

Is there anything in particular one has to do (like click on the chart buttons) for this EA? Is it. for lack of a better word, set and forget? Just want to make sure I have a proper set up. Thank you.

Hi,

It's not possible to have a set and forget EA, you will need to monitor the EA's trades, you will need to
monitor the charts of trades taken, if the EA has opened a trade and price is heading towards some R/S
level, the trader will have to decide to close the trade or let it run.

Andy

Thanks Andy, understood. I take it that 's why the chart button are there? But as far as the functionality of the EA is there anything more one has to do after placing the EA on the chart? (other than monitor open trades)

No, here is an image of V2.01.

[simplex]

Hi all,

Since I'm here to learn I decided to move my focus from cpu optimization and user interface towards trading a little more.

Watching 2.00 in forward test I found an issue today which I don't understand so far. This might be a mix of my still present lack of profound understanding of 10.4 and maybe a real programming issue.

Today my OOTB test setup took a EURCHF SELL and a bit later a second one, which - as far as I do understand Bob's system - were pretty much in line with 10.4 - see pic below.

EURCHF_Sell.JPG

Both trades were developing well - see pic - and then there was a message 'Order EURCHF closed by BE function'. Both trades were closed with nearly zero profit.

I analyzed this in source code and found the following:

Code: Select all

    if (runningTrades > 1 && useAverageBE)
    {
        calculateBE(CurrentPair);
        closeBETrades(CurrentPair);
    }

If conditions are TRUE calculateBE will be executed, while closeBETrades does not refer to that (no variable to take the return value of calculateBE). Also in calculateBE there are no global variables modified which possibly could affect further trading decisions.

So IMO: either we do not need calculateBE at this point or there's possibly a missing link i.e. a variable to connect it to closeBETrades. Am I right, am I wrong? :

Why should I set useAverageBE = true (the default value) anyway? Maybe I should place this particular question in the dummies' thread ...

Puzzled ...

simplex

[MrLong]

Hi all,

Since I'm here to learn I decided to move my focus from cpu optimization and user interface towards trading a little more.

Watching 2.00 in forward test I found an issue today which I don't understand so far. This might be a mix of my still present lack of profound understanding of 10.4 and maybe a real programming issue.

Today my OOTB test setup took a EURCHF SELL and a bit later a second one, which - as far as I do understand Bob's system - were pretty much in line with 10.4 - see pic below.

EURCHF_Sell.JPG

Both trades were developing well - see pic - and then there was a message 'Order EURCHF closed by BE function'. Both trades were closed with nearly zero profit.

I analyzed this in source code and found the following:

Code: Select all

    if (runningTrades > 1 && useAverageBE)
    {
        calculateBE(CurrentPair);
        closeBETrades(CurrentPair);
    }

If conditions are TRUE calculateBE will be executed, while closeBETrades does not refer to that (no variable to take the return value of calculateBE). Also in calculateBE there are no global variables modified which possibly could affect further trading decisions.

So IMO: either we do not need calculateBE at this point or there's possibly a missing link i.e. a variable to connect it to closeBETrades. Am I right, am I wrong? :

Why should I set useAverageBE = true (the default value) anyway? Maybe I should place this particular question in the dummies' thread ...

Puzzled ...

simplex

Hi Jurgen,

Fixed, we spoke about this last week, I coded that function when I was testing using fixed lots.

Andy

[simplex]

Puzzled ...

simplex

Hi Jurgen,

Fixed, we spoke about this last week, I coded that function when I was testing using fixed lots.

Andy

Aaah - great! Must have missed that ...

simplex

[Jonathan2FI]

Hello Traders,

This EA has made 9.30% this week, I've fixed quite a few bugs, added the ability to select which pairs to trade, autosymbols, trailing % on individual pairs, ability to manually close individual trades from the EA.

Simplex has made some excellent improvements to the display.

I'm just testing now and will upload before Monday if all is ok.

Best Regards

Andy

Sounds Great Andy,
the "pairs to add" plus all other features really help --- just to expand on this many trend traders like myself use TLs and spend an hour or so in closed period at weekend planning what is coming up - these features you add allow EOD traders like myself to trade an EA at a lower TF than D1 i.e. H4 safely keeping ontop of the trades in the evening and eliminating trades that look marginal and would conflict with own personal view e.g. conflict with TLs, major historical support resistance or big number support... while keeping true to 10.4 wrt Selection - Entry and Trade Management. Outstanding.

One thing I would add to this having seen several issues and discussions around recent NFP and obviously not watching EA every hour is to include a "keep your shirt" (a Steve phrase) feature such as close all open and or switch off if account DD >x%.
I understand the risk is the %R defined in external var. multiplied by the number of open trades.
For example, I use equity sentry running on my system behind this EA protecting at 5%.. if something nasty happens. Maybe this is a bit crude and you have better ideas for protecting account for ultimate DD?

Last point what are the pros and cons for putting the TMA slope value for each currency pair onto the dashboard for one all incompassing dash?
Jonathan

[MrLong]

Hello Traders,

This EA has made 9.30% this week, I've fixed quite a few bugs, added the ability to select which pairs to trade, autosymbols, trailing % on individual pairs, ability to manually close individual trades from the EA.

Simplex has made some excellent improvements to the display.

I'm just testing now and will upload before Monday if all is ok.

Best Regards

Andy

Sounds Great Andy,
the "pairs to add" plus all other features really help --- just to expand on this many trend traders like myself use TLs and spend an hour or so in closed period at weekend planning what is coming up - these features you add allow EOD traders like myself to trade an EA at a lower TF than D1 i.e. H4 safely keeping ontop of the trades in the evening and eliminating trades that look marginal and would conflict with own personal view e.g. conflict with TLs, major historical support resistance or big number support... while keeping true to 10.4 wrt Selection - Entry and Trade Management. Outstanding.

One thing I would add to this having seen several issues and discussions around recent NFP and obviously not watching EA every hour is to include a "keep your shirt" (a Steve phrase) feature such as close all open and or switch off if account DD >x%.
I understand the risk is the %R defined in external var. multiplied by the number of open trades.
For example, I use equity sentry running on my system behind this EA protecting at 5%.. if something nasty happens. Maybe this is a bit crude and you have better ideas for protecting account for ultimate DD?

Last point what are the pros and cons for putting the TMA slope value for each currency pair onto the dashboard for one all incompassing dash?
Jonathan

Hi Jonathan,

Are you saying could we have the slope numbers on the dash?

We have the RSI slope on the dash.

Keep your shirt done.

if (percentUp <= -maxDrawdown && useKeepYaShirt ) {
CloseAll(maxSlippage(), MagicNumber);
Alert(" All orders closed at: " + DoubleToStr(percentUp, 2) + " % , level, to keep your shirt.");
}

Andy

[zentauro67]

What about that new scary .dll regulations? That will affect the dashboard if Empty4 is updated?

[mjws00]

Hopefully they are just targeting the brokers that are installing "custom" additions by default. There are thousands and thousands of DLL's in use. Their intent isn't to kill the entire development community and end users. Just maintain control of the distributed program by their clients.

I really doubt we have much too fear. Jem's comments seemed to be on the same wavelength as well. Super hacked up custom platforms by brokers will get broken. Hopefully the rest of us will be fine. We'll know soon enough.

Mike