Fratelli EA by Dragos and magft

[magft]

Anyone that downloaded v2.2 please redownload as it was not the final edit! Now has EMACross as user selectable as they have changed over to 4,15 LWMA.

Mike

[DragosDanescu]

Thank you so much for your hard work.

Maybe the EA need also market order when price is too fast!?

Also I saw that OOTB the TP is 25 and SL 20. In the pdf it is the opposite or have I misunderstood something? Sure you can edit it, I wanted to mention only...

regards

I'll look into market orders for next rev, so check min stop level and if price is closer to pending price then switch to market order maybe have a user specifiable buffer?

I think at:
if (MODE_STOPLEVEL >= OrderOpenPrice-Bid) then if (Bid >= OrderOpenPrice) send OP_BUY....
else OP_BUYSTOP.
Maybe we should define OrderOpenPrice into a variable for this?

[joancb]

does anybody get good results with this bot, would you mind to share the set file?

[tex]

Mike, Dragos,

today the EA took some valid entries. But one on AUD/USD it didn't take - it would have been the most profitable ... See Screenshot. There was a white arrow below the 89 ma. The next candle closed above the 89ma and the ma changed the colour, macd changed to green too. To my understanding the close of the very next candle above the ma and a pending order above the close (+4pip) is a valid entry. Also i see a problem with opening pending orders if the price is already too close to the entry prive level. Is there a chance to open a market order immediately instead of a pending order if the price is too close already ?

thanks

[amatamoros]

I had the same problem, but Im using v2.2 of the EA,... see the picture...

[DragosDanescu]

Mike, Dragos,

today the EA took some valid entries. But one on AUD/USD it didn't take - it would have been the most profitable ... See Screenshot. There was a white arrow below the 89 ma. The next candle closed above the 89ma and the ma changed the colour, macd changed to green too. To my understanding the close of the very next candle above the ma and a pending order above the close (+4pip) is a valid entry. Also i see a problem with opening pending orders if the price is already too close to the entry prive level. Is there a chance to open a market order immediately instead of a pending order if the price is too close already ?

thanks

Problem sorted out already tonight. Ea didn't took that trade because on candle close over MA, MACD was still red, but it should had opened a pending order, as soon as MACD had turned green, on next candle(at least, that's my price feed on Forex.com)
Reason it didn't: White arrow was invalidated, so signal was "none".
We implemented (finally) that EA will "memorize" the time of the latest arrow and trade accordingly, until an opposite arrow occurs.

So, a bit of patience, guys.
Cheers

P.S. Tex, the candle that you marked is a bearish one, EA is designated to open pending only if previous candle is bullish, because it's (Close[1] + 4 pips), so it would be above the next one.
Exactly like in amatamoros picture.

[gaheitman]

P.S. Tex, the candle that you marked is a bearish one, EA is designated to open pending only if previous candle is bullish, because it's (Close[1] + 4 pips), so it would be above the next one.
Exactly like in amatamoros picture.

Quick question, don't the rules have you take the trade off of the Max of the body (for buys), not specifically the close since the actual candle is covered by the supertrendcandle?

George

[magft]

At the moment the EA doesnt use supertrend candles, though i do have the code to use them it just need implementing from my first attempt at the system. I plan to look into this, though on sunday they will have come up with new rules probably.

Mike

[gaheitman]

At the moment the EA doesnt use supertrend candles, though i do have the code to use them it just need implementing from my first attempt at the system. I plan to look into this, though on sunday they will have come up with new rules probably.

Mike

Yeah, I was disappointed to see them start the curve fitting so early.

[tex]

Yes gaheitman you're right. It's very disappointing to see the curve fitting progress taking its way... It wont take too long from now, then the system goes down the drain like it happened to so many systems before at FF... Mike & Dragos, i hope u keep a changelog or something of the system rules and we are able to go back if the curve fitting gets over hand..