hey fatcat, have just started going through this thread and wanted to use your swing zz with alert, could you tell me how to install please and wot does it actually alert to, the break of the trend line?
I think I know whatās going on with Allow Live Trading first error. The EA tried to enter position on all 3 charts at the same time. The trade context is not free. So it gave the EA an error.
So if dineshydv can insert the wait time so other charts can enter the trade later in sec. The code are something like this.
// time (in seconds) whithin which the expert will wait until the trade
// context is free (if it is busy)
int MaxWaiting_sec = 30;
int start()
{
// check whether the market should be entered now
...
// calculate the Stop Loss and Take Profit levels and the lot size
...
// 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 stopped by the user!");
return(-1);
}
// if it is waited longer than it is specified in the variable named
// MaxWaiting_sec, stop operation, as well
if(GetTickCount() - StartWaitingTime > MaxWaiting_sec * 1000)
{
Print("The standby limit (" + MaxWaiting_sec + " sec) exceeded!");
return(-2);
}
// if the trade context has become free,
if(IsTradeAllowed())
{
Print("Trade context is free!");
// refresh the market information
RefreshRates();
// recalculate the Stop Loss and Take Profit levels
...
// leave the loop and start trading
break;
}
// 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! Trying to open a position...");
// try to open a position
if(OrderSend(...) < 0)
Alert("Error opening position # ", GetLastError());
return(0);
}
I also monitor Lauer on M5 and H1 and I think it doesnāt matter if it repaint since the EA will have all 3 confirmation at the exact time to enter the trade and using paw3000ās setting on SAR SL (sar_step 0.001, sar_max 0.1 and Lauer depth = 75) the result are still great. But overall, since itās price action and trend. I think it can work on many market conditions. The higher TF, the best accuracy it is.
I also monitor Lauer on M5 and H1 and I think it doesnāt matter if it repaint since the EA will have all 3 confirmation at the exact time to enter the trade and using paw3000ās setting on SAR SL (sar_step 0.001, sar_max 0.1 and Lauer depth = 75) the result are still great. But overall, since itās price action and trend. I think it can work on many market conditions. The higher TF, the best accuracy it is.
Neomatic from your perspective how does your Trend Strength indicator compare to Lauer, is it more acurate?
Good to see we might have this allow trading problem solved
I also monitor Lauer on M5 and H1 and I think it doesnāt matter if it repaint since the EA will have all 3 confirmation at the exact time to enter the trade and using paw3000ās setting on SAR SL (sar_step 0.001, sar_max 0.1 and Lauer depth = 75) the result are still great. But overall, since itās price action and trend. I think it can work on many market conditions. The higher TF, the best accuracy it is.
So just to confirm these are the best settings at the moment to use for the EA:
extern string NOTE_for_DTZZ = ā+++DT-ZIGZAG setting+++ā;
extern bool Use_DT_ZIGZAG=true;
extern int depth=75;
extern int GrossPeriod=240;
extern string NOTE_for_SAR = ā+++SAR setting+++ā;
extern string NOTE1=āif TRUE, SAR will be used for SLā;
extern bool Use_SAR = false; // Stop loss based on SAR.
extern double SAR_step=0.001;
extern double SAR_max=0.1;
Were any of the MAās changed from the defaults in the EA ?
Thanks
Also is there a concensous as to what the best settings are at the moment to use with this EA for testing ?
Trend strength only give the strength of which direction the market will go exactly like Lauer but it does confirm the strength if it will range or not.
Iām testing with M5 for small trend and H1 for longer trend with difference settings. Will keep posting for any new discovery.
hi guys,
i get the same error than sandybeach, the 130: invalid stopsā¦Hope dineshydv can solve it fast.
I have discovered something positiveā¦ My data is an est timezone dataā¦ so now i know why my 5min backtests were always lossesā¦ because I was testing on tokio sesion, my apologies for this fault.
This days i have been truly busy, and backtesting on 5 min charts takes me over 2 hours. However I promise that for the next week i will use the 5 min 90% modelling quality and find some profitable settings.
By now here i post a pair of backtest always on gbpusd and using 1 hour and 30 min charts:
2011 Min 30
H1 since 1-1-2009.
2009=+1560 pips
2010=-1390 pips
2011=+1302pips
this past 8,5 month=+651 pips
Maybe there is any problem on my 2010 data, (there isnt a single profitable trade during this year), or just a bad year for the strategy. If i have time i will use the past 10 years of data to backtest on higher tf like 1 hour or 4 hours.
If you want a backtest using specific settings, post them here and as soon as I can i will post the past 3 years backtest with high quality data.
Thanks for taking the time to search through them Paw3000 We may need to test to find a good set of settings. The question at the moment, is Lauer reliable for backtesting due to its repainting ? and if we used a different trend indicator such as Neomaticās?
If Dineshydv can add this into the next version of the EA then it might help us for backtesting ?
I just started reading this thread yesterday and I figured Iād give it a try, and I made 10%+ live today(very small OandA account). Iāve only read through the first 40 pages and I was wondering if anyone ever tried setting the minBars on swing zz to 5, I just backtested it manually on todayās E/U, G/U, and U/J 1m charts and there were many setups and I did the same as I did earlier today I used a 10pip TP and SL and most of the setups hit TP and some would have been closed with minimal loss by closing trades when the next setup appears. Iām only looking for 30 pips a day net which gets me 10%+ on my account with 50:1 leverage and with Minbars at 5 the setups seem to be more successful even without using any other indicators. I figured Iād share, Iāll post my results tomorrow afternoon.
Thanks i would be interested in seeing what you got, if minibars on 5 is more acurate and produces better results maybe that should be the default on the EA ?
The setup, monitoring and trading with this system is so easy I didnāt even bother with the EA and I use OandAās FXtrade platform, I only use MT4 to locate the setups. I donāt really like MT4, Iāve heard many bad stories about plugins for brokers designed to insure EAās wonāt work, so I just donāt trust it. At page 40 in the thread the EA wasnāt trading automatically and still had some bugs, did someone get it to work fully automatic or is it still partial. If it makes locating setups easier Iād use it for that but Iām going to stick to manual trading.
Here is what a found this morning with minbars set to five on the Euro and all of yesterdayās setups for USD/JPY, many overlap but many chances to make pips. Sorry about the extended trendlines I canāt figure out how to draw point to point with MT4.
If anyone can tell me how to draw point to point or how to trim the lines, Iād appreciate it, thanks.
I wish I caught those trades earlier. I plan on trading E/U, G/U, and U/J, I should get enough setups between those three to reach my goals.
:34:, I just missed another trade while writing this. thatās 3 entries in the past 3 hours although 2 of them would have overlapped if you went for the full 10 pips.
Been running some massive test today. It was mind blowing. However. Something that I tried to understand was. Since the Lauer gave quite an accurate indication of direction. Some how the EA still trade on opposite direction. If we can manage to fix this. I think we getting close.
From the image. I use the following settings.
Trade_Time="+++Trade Time Parameters+++"; StartHour=7; EndHour=23; SundayTrade=false; MondayTrade=true; FridayTrade=true; SaturdayTrade=false; NOTE_for_SWING="+++Swing-ZZ setting+++"; min_bars=0; NOTE_for_DTZZ="+++DT-ZIGZAG setting+++"; Use_DT_ZIGZAG=true; depth=25; GrossPeriod=60; NOTE_for_MA="+++MA setting+++"; Use_MA=true; FastMA_Period=21; FastMA_Method=3; FastMA_AppPrice=4; SlowMA_Period=89; SlowMA_Method=3; SlowMA_AppPrice=4; NOTE_for_Trading="+++Trade setting+++"; Opp_Sig_Close=false; Lot_size=2; Delta_pips=0; MagicNum=12345; NOTE_for_SAR="+++SAR setting+++"; NOTE1=āif TRUE, SAR will be used for SLā; Use_SAR=true; SAR_step=0.009; SAR_max=0.009; NOTE_for_SL_TP="+++SL & TP setting+++"; Use_Trendline_SL=false; SL_TrendLine_Delta_pips=10; Use_Default_TP=true; Default_TP=200; NOTE5="+++Alert setting+++"; Alert_at_Trade_Open=false; Draw_Trade_Arrow=true;
One more thing. Iāve notice that the EA only trade from horizontal line. Not from trend line. It would be big difference if the trade enter from the trend line. Because most of the time when the price break horizontal line. It didnāt go far. And the trade enter on the very edge.
Awesome discovery, the Lauer uses the trend direction from the hourly chart for direction which works well as were trading on the 5min chart. It might be that the Lauer is repainting or not repainting and hence the EA is misreading it ?
I think it was Paw3000 who pointed out that we should refresh the Lauer indicator, so maybe if the EA refreshes the Lauer indicator at the start of a new bar so it has a more accurate version of the Lauer indicator this might help to resolve this issue?
Also i noticed your start and end hour is 0700 - 2300, what is your timezone out of interest ?
Dinesh how are things coming along with the EA if you donāt mind me asking ?
We may need to test to find a good set of settings. The question at the moment, is Lauer reliable for backtesting due to its repainting ? and if we used a different trend indicator such as Neomaticās?
