Hummerstar ea

Download from here: http://www.mediafire.com/download.php?6kal7m4aap9awpf

This EA trades on candle patterns (stars, hammers, etc.)

Backtest with set file provided

http://img28.imageshack.us/img28/6896/201201271448.png

Link

http://img28.imageshack.us/img28/6896/201201271448.png

This EA has to be optimized for every pair, I think this is due to unique character of each pair, especially when it concerns candle patterns and candle sequences.

Hi !

Please help me ! I can't open manual file .

This EA trade on the best current pairs and tf ?

Thanks for your share:)

Hi !

 

Please help me ! I can't open manual file .

This EA trade on the best current pairs and tf ?

 

Thanks for your share:)

Hi. The manual itself in PDF format, so install Adobe Reader (it's free) and you will be able to handle it. Manual is only in Russian language (sorry, have not much time to translate it), but I have attached the special optimization.set file - just load it in tester and start optimization.

This EA can trade on EVERY instrument, which generates candles )

Good results are for spot silver and gold, for all majors and any crosses. You need just to optimize EA for specific instrument you want to trade.

TF from M1 to H4 - whatever you like.

Hi. The manual itself in PDF format, so install Adobe Reader (it's free) and you will be able to handle it. Manual is only in Russian language (sorry, have not much time to translate it), but I have attached the special optimization.set file - just load it in tester and start optimization.

 

This EA can trade on EVERY instrument, which generates candles )

Good results are for spot silver and gold, for all majors and any crosses. You need just to optimize EA for specific instrument you want to trade.

TF from M1 to H4 - whatever you like.

Hi !

May I have some thing wrong in the setting , I don't had any trades yet . I test on gold

Please help !

Thanks a lot

Hi !

May I have some thing wrong in the setting , I don't had any trades yet . I test on gold

Please help !

Thanks a lot

"=== Indicator ==="

shadow_factor = 0.5; // Candle "shadow" factor

HummerWhiteDir = 1; // White hammer trade direction: 0 - no trade, 1 - buy, -1 - sell

HummerBlackDir = -1; // Black hammer trade direction: 0 - no trade, 1 - buy, -1 - sell

StarWhiteDir = 1; // White star trade direction: 0 - no trade, 1 - buy, -1 - sell

StarBlackDir = -1; // Black star trade direction: 0 - no trade, 1 - buy, -1 - sell

Make sure that candle shadow factor is not more than 2, and also make sure that direction of the trades is not equal to 0 - it has to be 1 or -1.

"=== Indicator ==="

shadow_factor = 0.5; // Candle "shadow" factor

HummerWhiteDir = 1; // White hammer trade direction: 0 - no trade, 1 - buy, -1 - sell

HummerBlackDir = -1; // Black hammer trade direction: 0 - no trade, 1 - buy, -1 - sell

StarWhiteDir = 1; // White star trade direction: 0 - no trade, 1 - buy, -1 - sell

StarBlackDir = -1; // Black star trade direction: 0 - no trade, 1 - buy, -1 - sell

 

Make sure that candle shadow factor is not more than 2, and also make sure that direction of the trades is not equal to 0 - it has to be 1 or -1.

Hi !

I check and see that my setting is correctly with you . I will try again some days .

Thanks very much

Hi !

 

I check and see that my setting is correctly with you . I will try again some days .

 

Thanks very much

hi !

Today I had trade ( gold ) but when I check in the setting so :

shadow_factor =2.2

What will I do ? Must I repair as you say shadow_factor =0.5

Thanks a lot

hi !

 

Today I had trade ( gold ) but when I check in the setting so :

shadow_factor =2.2

What will I do ? Must I repair as you say shadow_factor =0.5

 

Thanks a lot

Well, I should tell how the candle is recognized. Let's find WHITE HAMMER (long lower shadow, short upper shadow).

First we should find out what type of candle is it (white or black).

If open < close // white candle

Then we should recognize short upper shadow:

If (high-close) <= ((close-open)/2) // short upper shadow

Then we recognize long lower shadow:

If (open-low) > ((high - open)*X) // recognizing long lower shadow where X is "shadow factor".

So, bigger factor is - longer lower shadow is. And if shadow factor is relatively small - the shadow is shorter.

The candles with big shadows could be found more rarely, so setting shadow factor more than 2 means that EA will open trades not so frequently, since it recognizes appropriate candles not so often.

Quite easy, it's not rocket science )))

Well, I should tell how the candle is recognized. Let's find WHITE HAMMER (long lower shadow, short upper shadow).

First we should find out what type of candle is it (white or black).

If open < close // white candle

 

Then we should recognize short upper shadow:

If (high-close) <= ((close-open)/2) // short upper shadow

 

Then we recognize long lower shadow:

If (open-low) > ((high - open)*X) // recognizing long lower shadow where X is "shadow factor".

 

So, more shadow factor is - longer lower shadow is. And If shadow factor is relatively small - the shadow is shorter.

The candles with big shadows could be found more rarely, so setting shadow factor more than 2 means that EA will open trades not so frequently, since it recognizes appropriate candles not so often.

 

Quite easy, it's not rocket science )))

hi !

Thankyou very much for your help !

Have a good day !