Blessing 2 v5.2 with Stochastic Indicator - page 3
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Hello everyone,
This is the Work of Fifthelement I just added the Stochastic Indicator.
You can set the Indicator to False and it will Work like always.
I'm looking for a better entry level, when EMA and Stochastic both Agree then the EA starts the Trade.
The EMA looks for an UP or DOWN trend and the Stochastic decides if Short or Long on 80/20 levels.
I just started to try it on Demo so tell me what you think about your Demos.
Time-Frame is H1 tuned for the Indicator.
Cheers,
epmfx
Question, does it mean no Long trade will take place when it is above 80 (overbought territory) and no Short trade if it is below 20 (oversold territory)
and only place BUY or SELL when the stocashtic in between 80/20 ??
Trade levels
Question, does it mean no Long trade will take place when it is above 80 (overbought territory) and no Short trade if it is below 20 (oversold territory) and only place BUY or SELL when the stocashtic in between 80/20 ??
Yes Sam, it will only Start a trade within the 80-20 levels, so if one pair is above or below it will not trade, this is why you may want to trade more than one pair.
epmfx
Hello,
i have a big problem with this EA.
It open ans close pending order, at every ticks, like that :
1 2009.06.01 08:30 buy 1 0.02 1.5110 0.0000 1.5134
2 2009.06.01 09:10 buy limit 2 0.02 1.5098 0.0000 1.5122
3 2009.06.01 09:10 delete 2 0.02 1.5098 0.0000 1.5122
4 2009.06.01 09:10 buy limit 3 0.02 1.5098 0.0000 1.5122
5 2009.06.01 09:10 delete 3 0.02 1.5098 0.0000 1.5122
6 2009.06.01 09:10 buy limit 4 0.02 1.5098 0.0000 1.5122
7 2009.06.01 09:11 delete 4 0.02 1.5098 0.0000 1.5122
8 2009.06.01 09:11 buy limit 5 0.02 1.5098 0.0000 1.5122
9 2009.06.01 09:11 delete 5 0.02 1.5098 0.0000 1.5122
10 2009.06.01 09:11 buy limit 6 0.02 1.5098 0.0000 1.5122
11 2009.06.01 09:11 delete 6 0.02 1.5098 0.0000 1.5122
12 2009.06.01 09:11 buy limit 7 0.02 1.5098 0.0000 1.5122
13 2009.06.01 09:11 delete 7 0.02 1.5098 0.0000 1.5122
14 2009.06.01 09:11 buy limit 8 0.02 1.5098 0.0000 1.5122
15 2009.06.01 09:11 delete 8 0.02 1.5098 0.0000 1.5122
16 2009.06.01 09:12 buy limit 9 0.02 1.5098 0.0000 1.5122
17 2009.06.01 09:12 delete 9 0.02 1.5098 0.0000 1.5122
18 2009.06.01 09:12 buy limit 10 0.02 1.5098 0.0000 1.5122
19 2009.06.01 09:12 delete 10 0.02 1.5098 0.0000 1.5122
20 2009.06.01 09:12 buy limit 11 0.02 1.5098 0.0000 1.5122
21 2009.06.01 09:12 delete 11 0.02 1.5098 0.0000 1.5122
22 2009.06.01 09:12 buy limit 12 0.02 1.5098 0.0000 1.5122
23 2009.06.01 09:12 delete 12 0.02 1.5098 0.0000 1.5122
24 2009.06.01 09:13 buy limit 13 0.02 1.5098 0.0000 1.5122
25 2009.06.01 09:13 delete 13 0.02 1.5098 0.0000 1.5122
26 2009.06.01 09:13 buy limit 14 0.02 1.5098 0.0000 1.5122
27 2009.06.01 09:13 delete 14 0.02 1.5098 0.0000 1.5122
28 2009.06.01 09:13 buy limit 15 0.02 1.5098 0.0000 1.5122
29 2009.06.01 09:13 delete 15 0.02 1.5098 0.0000 1.5122
30 2009.06.01 09:13 buy limit 16 0.02 1.5098 0.0000 1.5122
31 2009.06.01 09:13 delete 16 0.02 1.5098 0.0000 1.5122
32 2009.06.01 09:13 buy limit 17 0.02 1.5098 0.0000 1.5122
33 2009.06.01 09:13 delete 17 0.02 1.5098 0.0000 1.5122
34 2009.06.01 09:14 buy limit 18 0.02 1.5098 0.0000 1.5122
35 2009.06.01 09:14 delete 18 0.02 1.5098 0.0000 1.5122
36 2009.06.01 09:14 buy limit 19 0.02 1.5098 0.0000 1.5122
and so on ... at every tick.
I dont understand why.
what can i do ?
thank you
Hello,
i have a big problem with this EA.
It open ans close pending order, at every ticks, like that :
and so on ... at every tick.
I dont understand why.
what can i do ?
thank youHi goldy,
What Time-Frame are you using and how many pairs ? What Settings ?
epmfx
You are right Jepm
i'm using default setting, i only change :
UseMM = False
Lot : 0.02
Multiplier = 1
on 1 paire only : EURCHF H1
with LiteForex broker
;-)
ok. i think i understand where the error is :
it's when i choose : Multiplier = 1
can you look at this please ?
;-)
Multiplier
ok. i think i understand where the error is :
it's when i choose : Multiplier = 1
can you look at this please ?
;-)Ok let me look at it, but it is best if you have a multiplier of more than one in a Martingale EA, that way you have a bigger Lot each time the trade goes against you, in order to reach a profit in retracement...
Cheers,
epmfx
Back Testing Your Version
JEPM:
Just doing a little informal back-testing of your version. Seems that its not entering any sell positions in the Strategy Tester. Could there be a glitch?
Thanks for putting this together.
Trader1
Sell
JEPM:
Just doing a little informal back-testing of your version. Seems that its not entering any sell positions in the Strategy Tester. Could there be a glitch?
Thanks for putting this together.
Trader1Trader1,
Its working just fine in Forward Test, it's been a long time since i backtest, i haven't done any backtest with this EA.
It doesn't even open Sell trades within the 80-20 levels? Remember it wont open a trade above or below these levels.
Also, in order to open a trade, the trend determined by the MA indicator has to be a Down trend in the case of SELL and the RED line has to be above the BLUE line in the Stochastic indicator. You may have a RED line above the BLUE line but if the trend is UP, the trade will not open...
All that said, it is strange that you dont have SELL orders taken into account that you cover a long period ot time on Backtest and it is normal to expect SELL orders as well as BUY orders.
The computer where i Backtest is sending an error when i tried to Backtest this EA so i have to check that.
Have you tried Forward Test? You can open various pairs with Default settings, only Portion = (number of pairs you open) TF = H1
One of them will be on SELL levels very soon, just so you can check if it works.
Thanks for the report!
epmfx
Ok let me look at it, but it is best if you have a multiplier of more than one in a Martingale EA, that way you have a bigger Lot each time the trade goes against you, in order to reach a profit in retracement...
Cheers,
epmfxYou are right Jepm. but my BT with eurchf seams to be very good with Multiplier = 1 on 1 year.
and it crashes with multiplier = 1.4 and more.
so i prefer to use multiplier = 1
but statement.htm is bigger than +100 Mo cause this Pending orders opened and closed at every ticks
;-)