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ChangeTheColor EA
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Author:  pipcruiser [ Wed Jan 11, 2012 6:07 pm ]
Post subject:  Re: ChangeTheColor EA

Testing away live on 1 min charts...

See attatched, I thought the EA would close long and fire off a short trade?

Thx for any help

BR

PC
Author:  magft [ Wed Jan 11, 2012 6:12 pm ]
Post subject:  Re: ChangeTheColor EA

pipcruiser wrote:Hi there

testing this EA live on a small Bully Pepperstone account. Balance E 216.00.

Risk set to 2%, SL 200 (20 pips). ECN true

I trades 0.09 lots, i believe this is way to much?

Or am I a nutcase?

Thx for the efforts, it looks good so far :)

Thx

PC
magft wrote:
Bunker wrote:Hi Magft,

I must be the only one experiencing this behaviour with ChangeTheColor EA since nobody else commented. First of all, the results are incredibly….incredible :D Thanks for this FANTASTIC EA !

I made 574$ in two days with 0.01 lot !!. Here is the problem, although it shows that I am trading 0.01 lot, I suspect it really is trading 10 lots. See picture. I am with FXCM and all my other demos perform correctly. With ChangeTheColor EA I can only have one trade at a time (look at my margin level). Anyone else experiencing this ?

I have been following SH for 2 years so I leaned a bit about coding. I’ll look into it. Must be something with “Adapt to x digit criminals”. What do you think ?

Thanks Bunker
Bunker, thanks for the update. The Ea is based on Steve's shell and from the picture it is trading as specified, you have set 0.01 lots and the trades is 0.01 lots. The only thing i can think of is the leverage on the account meaning you have higher margin requirements, i typically use 1:100. The EA is designed to trade 1 at a time, though you can run on different timeframes but i havent tested it.

Rob, and i have been working on improvements so i will update post #1 in a minute with the additions for you to test.

Regards

Mike
Just to check, you have set RiskPercent = 2, UseMartingale = false and UseShakeRecovery = false? As RiskPercent only works if the other two are false!

Hope this helps.

Mike
Author:  pipcruiser [ Wed Jan 11, 2012 6:14 pm ]
Post subject:  Re: ChangeTheColor EA

Sorry one more confusion, trend i sup, up but shows left side up, down?

Thx

PC
Author:  magft [ Wed Jan 11, 2012 6:17 pm ]
Post subject:  Re: ChangeTheColor EA

pipcruiser wrote:Testing away live on 1 min charts...

See attatched, I thought the EA would close long and fire off a short trade?

Thx for any help

BR

PC
Based on those settings yes it should. If that is the trade below the chart the other point is no SL set, check the experts tab for any errors as well as something looks a miss.

Mike
Author:  magft [ Wed Jan 11, 2012 6:19 pm ]
Post subject:  Re: ChangeTheColor EA

pipcruiser wrote:Sorry one more confusion, trend i sup, up but shows left side up, down?

Thx

PC
All good points!

If you set UseTradeOnCurrentCandle=false then the values are correct as they are based on closed candles. If it is set to true then something i not right. I'll do some checking on M1 charts.

What broker are you using?

Mike
Author:  Bunker [ Wed Jan 11, 2012 7:50 pm ]
Post subject:  Re: ChangeTheColor EA

magft wrote:
Bunker wrote:Hi Magft,

I must be the only one experiencing this behaviour with ChangeTheColor EA since nobody else commented. First of all, the results are incredibly….incredible :D Thanks for this FANTASTIC EA !

I made 574$ in two days with 0.01 lot !!. Here is the problem, although it shows that I am trading 0.01 lot, I suspect it really is trading 10 lots. See picture. I am with FXCM and all my other demos perform correctly. With ChangeTheColor EA I can only have one trade at a time (look at my margin level). Anyone else experiencing this ?

I have been following SH for 2 years so I leaned a bit about coding. I’ll look into it. Must be something with “Adapt to x digit criminals”. What do you think ?

Thanks Bunker
Bunker, thanks for the update. The Ea is based on Steve's shell and from the picture it is trading as specified, you have set 0.01 lots and the trades is 0.01 lots. The only thing i can think of is the leverage on the account meaning you have higher margin requirements, i typically use 1:100. The EA is designed to trade 1 at a time, though you can run on different timeframes but i havent tested it.

Rob, and i have been working on improvements so i will update post #1 in a minute with the additions for you to test.

Regards

Mike
Thanks Mike. I think you nail it on the head with the leverage thingny. I will send you the detailed report on Friday. This is ironic (and probably a crazy SL strategy) but my margin call keeps my lost to a minimal :lol: While my profit are sky rocketing ! I'll keep testing that version (it seems to work for me) while testing the update on another demo account.

Rob, I'm using H1tf (however, I think the EA is hardcoded for D1 (1440). I use it on 26 pairs, but like Mike said, only 1 trade is taken at a time.

Thanks for everything guys. I wish I had your coding skills. I could contribute a little bit more!

Bunker
Author:  magft [ Wed Jan 11, 2012 8:50 pm ]
Post subject:  Re: ChangeTheColor EA

Bunker wrote:
magft wrote:
Bunker wrote:Hi Magft,

I must be the only one experiencing this behaviour with ChangeTheColor EA since nobody else commented. First of all, the results are incredibly….incredible :D Thanks for this FANTASTIC EA !

I made 574$ in two days with 0.01 lot !!. Here is the problem, although it shows that I am trading 0.01 lot, I suspect it really is trading 10 lots. See picture. I am with FXCM and all my other demos perform correctly. With ChangeTheColor EA I can only have one trade at a time (look at my margin level). Anyone else experiencing this ?

I have been following SH for 2 years so I leaned a bit about coding. I’ll look into it. Must be something with “Adapt to x digit criminals”. What do you think ?

Thanks Bunker
Bunker, thanks for the update. The Ea is based on Steve's shell and from the picture it is trading as specified, you have set 0.01 lots and the trades is 0.01 lots. The only thing i can think of is the leverage on the account meaning you have higher margin requirements, i typically use 1:100. The EA is designed to trade 1 at a time, though you can run on different timeframes but i havent tested it.

Rob, and i have been working on improvements so i will update post #1 in a minute with the additions for you to test.

Regards

Mike
Thanks Mike. I think you nail it on the head with the leverage thingny. I will send you the detailed report on Friday. This is ironic (and probably a crazy SL strategy) but my margin call keeps my lost to a minimal :lol: While my profit are sky rocketing ! I'll keep testing that version (it seems to work for me) while testing the update on another demo account.

Rob, I'm using H1tf (however, I think the EA is hardcoded for D1 (1440). I use it on 26 pairs, but like Mike said, only 1 trade is taken at a time.

Thanks for everything guys. I wish I had your coding skills. I could contribute a little bit more!

Bunker
Bunker, all tf values are set to 0 by default so works on current tf but you have the flexibility to let the indicators work in another tf. It should work on multiple pairs as it checks for magicnumber and symbol but only allows 1 trade per pair. If it wont let another trade then you can change the magic number for each version to get round this.

Hope this helps

Mike
Author:  pipcruiser [ Wed Jan 11, 2012 9:07 pm ]
Post subject:  Re: ChangeTheColor EA

I have a request for a function in the EA:

Daily Pips : 30 (adjustable)

So if the EA net produced 30 pips in total, it stops trading untill next day.

Possible?

Thx

PC
Author:  gaheitman [ Wed Jan 11, 2012 9:20 pm ]
Post subject:  Re: ChangeTheColor EA

pipcruiser wrote:I have a request for a function in the EA:

Daily Pips : 30 (adjustable)

So if the EA net produced 30 pips in total, it stops trading untill next day.

Possible?

Thx

PC
Mike,

This is easy enough to add, but it you want to use the DoneForTheDay() code, let me know and I'll answer any questions you have.

George
Author:  pipcruiser [ Wed Jan 11, 2012 9:52 pm ]
Post subject:  Re: ChangeTheColor EA

Sorry for all my posts!

Take profit function seems not to work, SL works fine, i tested with SL 20 and TP 20, only the stops got hit!

Cheers

PC
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