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Suggestion I will make a Free EA with your Indicator

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tanaka akiko said:
Sorry today is Holiday. I will check tomorrow.
Click to expand...
Good morning! I was referred to you by another forum member as you can convert indicators to EA's which I cannot. I have been in construction all my life, and now that I am retired I do not have the will or mindset to learn coding for myself. Too damn old or that!
The indicator is anyone of three: First and latest Trensignal Pro; before that Trendsignal V2; and then the very first one Trendsinal c13. I attach here the latest one.
It uses an arrow signal for you to enter or exit.

Basically the entry should be after a closed candle cofirmation of the entry signal. At this point there is not any open orders.
THEN: as the next signal APPEARS the trade must be closed immediately, and the EA must then wait for the new signal to confirm with a closed candle and then enter the trade like in the beginning. Repeat/repeat etc., nearly always in the market.

There must be lot size, stoploss, trailing stop and TP target settings for those who have different profit target than the indicator signal.

The second stage of this EA should have 1) Original order as above; 2) second order with its own SL and TP for an earlier exit (to split trades) and even a 3rd order if someone wishes to use things like DiNapoli Targets on his strategy. This can be added once the EA works properly. Each trade with a true / false option to be used or not.

This EA is not for sale and must be kept open for all the forum members to use freely to benefit everyone.
My thanks to the creator of this indicator to put it at our disposal for free on the web.

Thank you.
 

Attachments

forexmoneymachine said:
Hi Mr Tanaka san..

Thanks for your suggestions and set files sharing..
i will test it out later..
Thank you so much!
:)
Click to expand...
Can you test below rev C file , too?
I changed the code for AUTO by lot size.
You can input profit$ by manual but
if attack martin lot size increase, then close profit should be larger, right?
So I changed code for Auto by lot size.
It checks the last attack martin lot size and profit is calculated based on lot size by auto.

upload_2019-7-17_21-53-29.png

upload_2019-7-17_21-54-14.png

If you select AUTO by lot size, then close profit is changed by attack martin lot size.
I think this is better because if you close manual $5, it always close in $5 even lot size in bigger.

You can check profit Target here.
upload_2019-7-17_21-58-18.png
It changed based on attack martin order lot size.
 

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  • EA_3 strategies(revC).ex4
    EA_3 strategies(revC).ex4
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tanaka akiko said:
Sorry, I don't fully understand the logic.
I am confused with entry signal. Rsi 20/80 is entry signal but you need to manual input for limit-order?
Can you describe like below so that I can code easily?

1. When price is ****, then buy order, tp=, sl=
2. When price is xxx pips distance , then *****

etc...
Click to expand...
Hi Tanaka san

Example SHORT position : (Lot =0.02 , Multiply = 1.5, A=80, lot distant =6, Max open 3 Lots)

1. When Price = 1.1209 AND RSI(2) > A (Set by parameter) : Open 1st Sell 0.02 at 1.1209
2. When Price >= 1.1215 AND RSI(2) > A (Set by parameter) : Open 2nd Sell 0.02 at 1.1215
3. When Price >=1.1221 AND RSI(2) > A (Set by parameter) : Open 3rd Sell 0.01*1.5 at 1.1221

4. Then I can place another 4th Sell Limit Order Manually (Example at 1.1300), Lot size =0.03*1.5 , If order is FILLED 1.1300 , modify TP of 1,2,3,4 . If Order is not filled and move to hit Target of 1,2,3 then cancel 4th Sell Limit Order

5. If price continue to move to 1.2000, after technical analyse , I will continue Manually place 5th Sell Limit order at 1.2 , Lot size = 0.045*1.5 , and modify TP of 1,2,3,4

Below is how they implement Limit Order Manually but EA still able to identify with their own Magic Number:

upload_2019-7-17_20-16-54.png
 

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The most important is after series of Auto Entry by Attack Martin (ie 4 entry) , from 5th and 6th we will need to put eyes in and only input after doing Technical Analyse.

And EA , at this moment will only monitor to Cancel the Manually Limit Order if basket of orders is going to TP before Last Limit Order is filled.
 
For everyone who wants to become rich of using EA-s!


Never use an EA without any manual trading experience.
You'll never find an EA that will make profit for years with one fixed set.
Even those, which cost of $ 20, 000 upwards — used by the big banks — they must also be constantly modified.
So...if you want to survive in the hellish labyrinth of Forex, then first you must learn to trade manual before you use EA-s.

Why?
Because you have to be able to mend the mistakes, what your EA (s) generate.(s)
But...you can do it only in case if you have enough trading practice.


If your EA makes a really bad entry and worsens it with other martingale positions, you have only two options.

1) Get to know the pain how does it feel to blow up your trading account.
or
2) You start to hedge the positions which run against you, so you can avoid a margin call.

For that you need first money, and as second, trading experience, coz you need to know when to close a hedged position. (You need to set exact support and resistance lines, must have experience with Pivot and Fibonacci etc.)
Therefore, I recommend for everyone to open a second account and depositing money in that in case of 'emergency'. Your second account will work only as an 'emergency' account.
Trade only with 60% of your money, deposit the remaining 40% in the second account and transfer it immediately to your trade account in case you need to finance your hedged positions.


Conclusion...

You will never succeed continuously with automated trading, unless you learn manual trading.
Every trader and every EA make mistakes, me too, with almost 10 000 hours of trading experience.

Your success depends on HOW MANY mistakes you make, or rather, HOW MANY mistakes of your EA(s) can you 'refit'.

Wish green pips for all of you.
​
 
vadvid said:
For everyone who wants to become rich of using EA-s!


Never use an EA without any manual trading experience.
You'll never find an EA that will make profit for years with one fixed set.
Even those, which cost of $ 20, 000 upwards — used by the big banks — they must also be constantly modified.
So...if you want to survive in the hellish labyrinth of Forex, then first you must learn to trade manual before you use EA-s.

Why?
Because you have to be able to mend the mistakes, what your EA (s) generate.(s)
But...you can do it only in case if you have enough trading practice.


If your EA makes a really bad entry and worsens it with other martingale positions, you have only two options.

1) Get to know the pain how does it feel to blow up your trading account.
or
2) You start to hedge the positions which run against you, so you can avoid a margin call.

For that you need first money, and as second, trading experience, coz you need to know when to close a hedged position. (You need to set exact support and resistance lines, must have experience with Pivot and Fibonacci etc.)
Therefore, I recommend for everyone to open a second account and depositing money in that in case of 'emergency'. Your second account will work only as an 'emergency' account.
Trade only with 60% of your money, deposit the remaining 40% in the second account and transfer it immediately to your trade account in case you need to finance your hedged positions.


Conclusion...

You will never succeed continuously with automated trading, unless you learn manual trading.
Every trader and every EA make mistakes, me too, with almost 10 000 hours of trading experience.

Your success depends on HOW MANY mistakes you make, or rather, HOW MANY mistakes of your EA(s) can you 'refit'.

Wish green pips for all of you.
​
Click to expand...

Yes !!! That's exactly what I want to make this Semi-Automated EA.

EA only help me on execute my Analyse Plan and Trading plan everyday.
 
Ahmad Khan said:
If you are using EA based on you own strategy on which you have practiced manually for a long time and succeeded, you will definitely be success all the time when trading same on auto, but if you are using any random EA from the market whose nature of trading or strategy you doesn't know, you can lose even a million.

Before using any EA, you must know every option of it in case if order goes opposite so what action your EA should take and that you can only get from your own designed robot, not from 3rd party.

Any EA should have basic functions such as lot, tp, sl, martingale, trail with option to turn then ON and OFF so you can control your trades by any means.

Don't be so efficient or smart that your SL will save you, be aware, brokers they print extra points in candle to hit SL fast then to hit TP. They does it so fast to hit sl like you feel that either market bounce or dropped and reverse. Not every traders knows this but if you install different brokers mt4, you can simply check it with the pivot points or simply check the charts of 4 Jan 2019. You will see different drop prices.

Martingale EA's with proper breakeven, pip distance and multiplier can save traders account in most cases if they hold enough balance to bear it. Not every trader knows that GBP pairs consume double than any other currency cross lot and distance for their martingale is also different than other currency crosses, so their account gets burst usually when they trade GBPUSD, EURGBP or GBPJPY using same settings of other currency pairs. You don't use hand break all the time, but you use it when it is required and that is the reason that every car has hand break.

So it's not always EA, it's your experience and complete hands on EA is also very important.

Bottom line is, before using any EA, you must know it's strategy and it should have proper basic options to control.
Click to expand...
Hi Ahmad

Can you please tell me what's most profitable EA and Settings ?

I've done testing with many EA (with your link) but can't find any automatic with consistently .

Thank you
Anh
 
tanaka akiko said:
Can you test below rev C file , too?
I changed the code for AUTO by lot size.
You can input profit$ by manual but
if attack martin lot size increase, then close profit should be larger, right?
So I changed code for Auto by lot size.
It checks the last attack martin lot size and profit is calculated based on lot size by auto.

View attachment 91666

View attachment 91667

If you select AUTO by lot size, then close profit is changed by attack martin lot size.
I think this is better because if you close manual $5, it always close in $5 even lot size in bigger.

You can check profit Target here.
View attachment 91669
It changed based on attack martin order lot size.
Click to expand...


Hi Mr Tanaka san..

yes, i got tested with input profit$ manually the trades will earn less when EA open more martingales.. risk & reward dropped..
I think now this Lot size of the last attack martin should work better.:ok:
Will test this version of TP is calculated based on lot size

Thank you so much :)
 
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