T101 mini HEDGE EA - page 8

 

Paul,

Could you attach a screen shot of the Green and Orange dots when they meet your condition? Are you referring to the dots aligned horizontally or vertically? Also, do you mean the first 3 dots of each line (ie, the first 3 lines) being green and the last 3 dots of each line being orange? Finally, what is the purpose of the last horizontal row of dots?

Thanks in advance.

Padi

 

Hi Paul

Your system looks promising, I've already made a couple of profitable trades (demo) just watching for a change in signal direction. I'm not sure what I'm doing wrong as it doesn't seem to be placing trades automatically. The "TradeAllowed" flag has been set to true. I have a PC setup that I'm willing to just let your EA run and have the results published on MT4 stats.

 

not working..why

 

...

As a first step check what is written (what errors are shown) in the experts tab of terminal

abutarantula:
not working..why
Files:
terminal_1.gif  62 kb
 

is this EA being worked on or not ??

 
Paul Gold:
First off all, I want to thank Trader101 for his "price action" method

(altrough it is totaly different now)!

Ok...here is how this baby works....

It tracks PA for 6 pairs:AUDUSD;EURJPY;EURUSD;USDCHF;U SDJPY;GBPCHF,

while AU,EJ and EU are the buy side, and UC,UJ and GC are sell side.....

I did a lot of research on pairing this HEDGE, and this seems to be the

best pairing. This is not a standard hedge method, cos I want to buy or sell

all pair at the time!!! The best thing about this method is that if EA or you

makes a bad decision, you will not lose much becouse this pairs are negatively correlated pairs,

and you are heavely hedged!

On the other hand, when you catch a group movement in same direction,

you will make a serious bucks.

Explanation of external variables:

extern string _____MAIN_FUNCTIONS_____;

extern bool TradeAllowed=true;

extern int MagicNumber=1803;

extern double MaxRisk = 0.3;

extern double Lot= 0.1;

extern string _____LIMITING_FUNCTIONS_____;

extern int StartLockPips=50;

extern int ScalpProfitPips=50;

extern int AccountCutoff=-100;

extern string _____PRICE_ACTION_FILTERS_____;

extern int tf=5; \\ tf used for all calculations and one indicator

extern int LookBack1= 6; \\ lookback= tf # lookback....5#6=30min\30TF

extern int LookBack2= 12;\\1hr tf

extern int LookBack3= 24;\\2hr tf

extern int LookBack4= 48;\\4hr tf

extern double Filter1= 500;\\ difference in pips betwen buy and sell side

extern double Filter2= 1000;

extern double Filter3= 2000;

extern double Filter4= 4000;

extern string _____TRIGGERING_FILTERS_____;

extern bool UseFilters= true; \\slope direction line modified/trigger

extern int TrigPeriod= 6;

extern int TrigMethod= 3;

extern int TrigPrice= 0;

extern string _____TRADING_HOURS_LIMIT_____;

extern int StartTradingHour=08;

extern int EndTradingHour=22;

In picture here, you see a 4 lines...(spips and lpips), these are a price action of all the pairs

in hedge....spips for short pairs, lpips for long pairs......if you have a "big" positive difference

in pips for the all TFs, you are ready to trade.....that is the meaning of 4 filters and variables.

You want a difference betwen 2 sides of hedge about some 500,1000,2000 and 4000 pips for TFs.

The other thing to look at is the green and orange points...each line represents one tf.....

what you want is to have all the green dots and orange dots for the all tfs to be in perfect position,

first 3 lines green, and last 3 dots orange(for buy) and reversed for sell.

You can mannualy execute comands by simply draging the all longs\shorts and closeall and close half!!!

edit: new version....external pair selection~add m for each pair for mini acc.

dear pual

thanks for shraring jaguar ea

but it doesn't run on demo and on real account

i have version 2.8 wich seems to work on demo but not on real account and it has a bug that it is always close what ever position is opened

so i wonder if you could possibly put the latest version if you have that is works on demo and real account and i would be thankfull

 

I'm with IBFX, which is 0, so should

I make any adjustments?

jack

Reason: