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EA TRADING FROM HOME

servalfx

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mulri Newbie

mulri

Posted
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Re: EA TRADING FROM HOME

 

I downloaded both of the Fred files here.

 

One is actually MasterMind3 that has been renamed Fred. The other (from the Fred site) is a totally different EA.

 

MasterMind3 is very profitable (uses indicators) and I don't know if Fred is profitable because I didn't try it yet.

 

I think its not like Master Mind 3. Bcoz I have used Mastermind for so many days... long back. Though it was profitable... but the losses were exceeding its profits..... So I stopped using it.

 

But in case of FRED its still working profitable with EU and ofcourse with USDCHF since its a reverse pair of EU. I stopped using FRED with GBPUSD and EURGBP. FRED is only for EU.

 

I use this bellow settings.... and it makes only profits and breakeven trades. No losses yet. I now use at 30M only.

 

SL 50

TP 20

Trailing Stop 11

Trainling Step 2

 

Works very well. Other pairs than EU and UC incur huge losses with small profits...! So FRED is for only EU and its reverse pairs. USDCHF is a exact upside down of EURUSD. The movements are also exactly same reverse of EU. So I use FRED with UC too.

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asgard2 Newbie

asgard2

Posted
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Re: EA TRADING FROM HOME

 

 

I think its not like Master Mind 3. Bcoz I have used Mastermind for so many days... long back. Though it was profitable... but the losses were exceeding its profits..... So I stopped using it.

 

But in case of FRED its still working profitable with EU and ofcourse with USDCHF since its a reverse pair of EU. I stopped using FRED with GBPUSD and EURGBP. FRED is only for EU.

 

I use this bellow settings.... and it makes only profits and breakeven trades. No losses yet. I now use at 30M only.

 

SL 50

TP 20

Trailing Stop 11

Trainling Step 2

 

Works very well. Other pairs than EU and UC incur huge losses with small profits...! So FRED is for only EU and its reverse pairs. USDCHF is a exact upside down of EURUSD. The movements are also exactly same reverse of EU. So I use FRED with UC too.

 

Well, you don't have to trust.. here is the code from both (don't forget there are two versions of Fred posted here)

 


int start() {
  if (TradeAtCloseBar) gi_176 = 1;
  else gi_176 = 0;
  g_name_296 = Symbol() + TradeLog + "-" + Month() + "-" + Day() + ".log";
  gi_unused_292 = MarketInfo(Symbol(), MODE_SPREAD);
  int l_pos_0 = 0;
  double ld_4 = 0;
  double ld_12 = 0;
  ld_4 = 0;
  ld_12 = 0;
  if (CntOrd(OP_BUY, MagicNumber) > 0) gi_unused_248 = 1;
  if (CntOrd(OP_SELL, MagicNumber) > 0) gi_unused_248 = -1;
  g_iwpr_260 = iWPR(NULL, 0, 26, 0);
  g_iwpr_268 = iWPR(NULL, 0, 27, 0);
  g_iwpr_276 = iWPR(NULL, 0, 29, 0);
  g_iwpr_284 = iWPR(NULL, 0, 30, 0);

 

don't let the variables fool you.. the one above is the decompiled version Fred posted here on the first page.

The one below is the "TheMastermind3" code from the metaquotes page.

 

int start()
 {
if (TradeAtCloseBar) TradeBar=1;
else TradeBar=0;

filename=Symbol() + TradeLog + "-" + Month() + "-" + Day() + ".log";


Spread=MarketInfo(Symbol(),MODE_SPREAD);


//---- 
int   i=0;

double   BuyValue=0, SellValue=0;
BuyValue=0; SellValue=0;


if (CntOrd(OP_BUY,MagicNumber)>0) TradeLast=1;
if (CntOrd(OP_SELL,MagicNumber)>0) TradeLast=-1;

sig_buy=iWPR(NULL,0,26,0);
sig_sell=iWPR(NULL,0,27,0);
sig_high=iWPR(NULL,0,29,0);
sig_low=iWPR(NULL,0,30,0);

 

So, if you compiled and decompiled TheMastermind3, the code is exact, line for line. It is the same EA.

 

Your post implies you are scalping, not all EAs scalp well, why don't you adjust your settings.

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adil08 Newbie

adil08

Posted
Posted

Re: EA TRADING FROM HOME

 

Well, you don't have to trust.. here is the code from both (don't forget there are two versions of Fred posted here)

 


int start() {
  if (TradeAtCloseBar) gi_176 = 1;
  else gi_176 = 0;
  g_name_296 = Symbol() + TradeLog + "-" + Month() + "-" + Day() + ".log";
  gi_unused_292 = MarketInfo(Symbol(), MODE_SPREAD);
  int l_pos_0 = 0;
  double ld_4 = 0;
  double ld_12 = 0;
  ld_4 = 0;
  ld_12 = 0;
  if (CntOrd(OP_BUY, MagicNumber) > 0) gi_unused_248 = 1;
  if (CntOrd(OP_SELL, MagicNumber) > 0) gi_unused_248 = -1;
  g_iwpr_260 = iWPR(NULL, 0, 26, 0);
  g_iwpr_268 = iWPR(NULL, 0, 27, 0);
  g_iwpr_276 = iWPR(NULL, 0, 29, 0);
  g_iwpr_284 = iWPR(NULL, 0, 30, 0);

 

don't let the variables fool you.. the one above is the decompiled version Fred posted here on the first page.

The one below is the "TheMastermind3" code from the metaquotes page.

 

int start()
 {
if (TradeAtCloseBar) TradeBar=1;
else TradeBar=0;

filename=Symbol() + TradeLog + "-" + Month() + "-" + Day() + ".log";


Spread=MarketInfo(Symbol(),MODE_SPREAD);


//---- 
int   i=0;

double   BuyValue=0, SellValue=0;
BuyValue=0; SellValue=0;


if (CntOrd(OP_BUY,MagicNumber)>0) TradeLast=1;
if (CntOrd(OP_SELL,MagicNumber)>0) TradeLast=-1;

sig_buy=iWPR(NULL,0,26,0);
sig_sell=iWPR(NULL,0,27,0);
sig_high=iWPR(NULL,0,29,0);
sig_low=iWPR(NULL,0,30,0);

 

So, if you compiled and decompiled TheMastermind3, the code is exact, line for line. It is the same EA.

 

Your post implies you are scalping, not all EAs scalp well, why don't you adjust your settings.

 

can you get to be more profitable and make a hidden sl and tp. if you have a better setting share for us?

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asgard2 Newbie

asgard2

Posted
Posted

Re: EA TRADING FROM HOME

 

 

can you get to be more profitable and make a hidden sl and tp. if you have a better setting share for us?

 

Mate.. the way it is now, it shows promise.

 

First I write the code that can control it.. then I will optimise the settings.

 

I never scalp.. it is a sure way to loose.

 

if you want to try something different, set it to trade "buy only" and remove your stop loss and let your trades run with a trailing stop at 32 or 320 for five digit broker. Remove the take profit and step your trailing at 4 or 40.

 

I am not suggesting you do this live.. just run it in a visual backtest and go from there. Then you can work out what settings might work. After that optimise from there.

 

Then takle the sell side because the best settings will never be the same.

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mulri Newbie

mulri

Posted
Posted

Re: EA TRADING FROM HOME

 

No loss yesterday and today.

 

FRED at EU earned a total of $62.50 in my real money standard account, just today alone.

 

FRED goes well with my current settings...

 

Time Frame 30 EURUSD and USDCHF

Take Profit 20

Stop Loss 50

Trail Stop 11

Trail Step 2

 

I hope the experts here can optimize it for still more better profits..!

 

And I am testing one more EA at my live micro account. The results are simply amazing. Even vast better than FRED.

 

Only one loss out of 40+ trades high profit trades.

 

I will start a new thread about it when I am satisfied with its results still more. Coming Sunday most probably.

 

P.S. I tried to upload screeenshot of the fred's todays trades, but the maximum allowed upload size is just 5 KiB here. My image file is 28 KiB.

Can any one tell me how to compress it to less than 5KiB without clarity-loss..? I tried to compress, but not legible to read.!

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mulri Newbie

mulri

Posted
Posted

Re: EA TRADING FROM HOME

 

Hi.. Please see my 2nd Post at Page No 3 of this thread.

I dont even try the Original Site FRED File. Heavy losses were reported at other forum.

There I have uploaded 2 FRED files. In that I use the 1st FRED File whose size is 37.8 KiB (ziddu site file)

Download and use it with the settings I referred previously.

Its working profitably.

The other experts here suggest some good ideas about making this FRED still more profitable. We must try them too at a demo account.

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syk1kz Newbie

syk1kz

Posted
Posted

Re: EA TRADING FROM HOME

 

it goes well...until BOOM and blows the account - at least on backtests.

 

what have other's found?

 

 

same here

 

whats the deal with getting this to run on a 5 digit broker? its trying to place stop losses like 1234567.000000 or something, i am at work so i dont have the exact error msg handy

 

 

*edit* 2009.09.16 22:34:11 FREDEURUSDM30 EURUSD,M30: EURUSD Buy @ 1.46601000 SL @ 1.46556000 TP @1.46611000 ticket =-1

*edit* 2009.09.16 22:34:13 FREDEURUSDM30 EURUSD,M30: Error Occured : invalid stops

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apple1937 Newbie

apple1937

Posted
Posted

Re: EA TRADING FROM HOME

 

I am using 'FRED" version from Ziddu and I have a question as follows:

 

1.) I have set the lot size to 0.1, but when the EA entered trade, it opened 0.7 & 0.8 lots (2 trades opened in the same time!) Why??? Is there anything wrong with my settings? I am using alpari UK - 5 digits quote.

 

My settings are:

TF:30M

Trailing Stop: 110

TP: 200

SL : 500

Trailing Step : 20

The rests are default.

 

Please help. Thank you :(

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mulri Newbie

mulri

Posted
Posted

Re: EA TRADING FROM HOME

 

I am using 'FRED" version from Ziddu and I have a question as follows:

 

1.) I have set the lot size to 0.1, but when the EA entered trade, it opened 0.7 & 0.8 lots (2 trades opened in the same time!) Why??? Is there anything wrong with my settings? I am using alpari UK - 5 digits quote.

 

My settings are:

TF:30M

Trailing Stop: 110

TP: 200

SL : 500

Trailing Step : 20

The rests are default.

 

Please help. Thank you :(

 

Every thing is correct except the Trailing Step : 20. It should be just 2. For 5 digits brokers we should add one more Zero to the Pips part alone and not with any STEP parts. So it should be 2 only.

 

Its obvious that this ea will open 2 or 3 trades at a time, bcoz, in its settings, the "Repeat" set is 3. If you change it into 0 it wont repeat or open similar orders simultanesously...

 

And this ea is doing automatically the money/risk management, it opens lots as it consider to be safe. From 0.10 to 1.00 or more. We dont have the option to set this automatic money management function to "OFF" status.

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mulri Newbie

mulri

Posted
Posted

Re: EA TRADING FROM HOME

 

do you guys input 30 into the timeframe section or leave it as 0 ?

 

Better to leave it as "0".

But if you set it to "30" and if "TradeatCloseBar" is also set to "True", then it will open orders only at the start of the next candle and not in the middle of the current candlestick.

We should understand the strategy of this ea.. it opens buy orders while at selling trend and viceversa.

It just catches the green pips out of "RETRACES" means.

So its better to leave this set as "0" and let the ea to open trades at the current bar itself.

 

Also you can test it with two brokers one with set to "0" and one with set to "30". You will understand better and also you can test which is the best...!

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syk1kz Newbie

syk1kz

Posted
Posted

Re: EA TRADING FROM HOME

 

do you guys input 30 into the timeframe section or leave it as 0 ?

 

Better to leave it as "0".

But if you set it to "30" and if "TradeatCloseBar" is also set to "True", then it will open orders only at the start of the next candle and not in the middle of the current candlestick.

We should understand the strategy of this ea.. it opens buy orders while at selling trend and viceversa.

It just catches the green pips out of "RETRACES" means.

So its better to leave this set as "0" and let the ea to open trades at the current bar itself.

 

Also you can test it with two brokers one with set to "0" and one with set to "30". You will understand better and also you can test which is the best...!

 

yes it is more profitable on a 3month backtest set as 0. thanks

 

any idea why i see this error?

i only see it when trying to trade on real or demo, not on backtests

 

*it wont trade on live only backtests*

 

11:30:00 FRED EURUSD,M30: Error Occured : invalid stops

11:30:00 FRED EURUSD,M30: EURUSD Sell @ 1.46833000 SL @ 1.47083000 TP @1.46783000 ticket =-1

11:30:00 FRED EURUSD,M30: Error Occured : invalid stops

11:30:00 FRED EURUSD,M30: EURUSD Sell @ 1.46849000 SL @ 1.47083000 TP @1.46783000 ticket =-1

11:30:07 FRED EURUSD,M30: Error Occured : invalid stops

11:30:07 FRED EURUSD,M30: EURUSD Sell @ 1.46852000 SL @ 1.47083000 TP @1.46783000 ticket =-1

11:30:10 FRED EURUSD,M30: Error Occured : invalid stops

11:30:10 FRED EURUSD,M30: EURUSD Sell @ 1.46850000 SL @ 1.47083000 TP @1.46783000 ticket =-1

11:30:13 FRED EURUSD,M30: Error Occured : invalid stops

11:30:13 FRED EURUSD,M30: EURUSD Sell @ 1.46848000 SL @ 1.47083000 TP @1.46783000 ticket =-1

 

EURUSD,M30: EURUSD Buy @ 1.46601000 SL @ 1.46556000 TP @1.46611000 ticket =-1

EURUSD,M30: Error Occured : invalid stops

 

here is the version i use --> 

http://sharebee.com/ed8c4c26

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mulri Newbie

mulri

Posted
Posted

Re: EA TRADING FROM HOME

 

I guess your broker might be a 5 digit broker. So accordingly you should set the Take profit and stop loss.

The default set is TP = 20 and SL =50 this is for 4 digit broker. So add a "0" to them. Means TP -200 and SL=500. And obviously the Trailing Stop Pip should be 120 (instead of 12 for 4 digit broker) Trailing Step should be just 2.

 

Let me know your feedback.

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syk1kz Newbie

syk1kz

Posted
Posted

Re: EA TRADING FROM HOME

 

i have tried all that and it works well in back tests, it does indeed make trades until i go demo with it

 

actually looking at the back tests its doing the same thing ->

 

2009.10.07 07:40:46 2009.10.02 16:03 Tester: take profit #186 at 1.46361 (1.46339 / 1.46359)

2009.10.07 07:40:46 2009.10.02 16:03 Tester: take profit #187 at 1.46365 (1.46345 / 1.46365)

2009.10.07 07:40:46 2009.10.02 16:03 Tester: take profit #188 at 1.46369 (1.46347 / 1.46367)

2009.10.07 07:40:46 2009.10.02 16:03 FRED EURUSD,M30: Order opened : EURUSD Sell @ 1.46419000 SL @ 1.46669000 TP @1.46369000 ticket =188

2009.10.07 07:40:46 2009.10.02 16:03 FRED EURUSD,M30: open #188 sell 0.60 EURUSD at 1.46419 sl: 1.46669 tp: 1.46369 ok

2009.10.07 07:40:46 2009.10.02 16:03 FRED EURUSD,M30: Order opened : EURUSD Sell @ 1.46415000 SL @ 1.46665000 TP @1.46365000 ticket =187

2009.10.07 07:40:46 2009.10.02 16:03 FRED EURUSD,M30: open #187 sell 0.80 EURUSD at 1.46415 sl: 1.46665 tp: 1.46365 ok

2009.10.07 07:40:46 2009.10.02 16:03 Tester: stop loss #185 at 1.46433 (1.46415 / 1.46435)

2009.10.07 07:40:46 2009.10.02 16:03 FRED EURUSD,M30: Order opened : EURUSD Sell @ 1.46411000 SL @ 1.46661000 TP @1.46361000 ticket =186

2009.10.07 07:40:46 2009.10.02 16:03 FRED EURUSD,M30: open #186 sell 0.80 EURUSD at 1.46411 sl: 1.46661 tp: 1.46361 ok

 

 

 

 

 

Lots=5; StopLoss=250; TakeProfit=50; TradeAtCloseBar=true; TrailingStop=0; TrailingStep=1; BreakEven=0; MagicNumber=4564654; Repeat=3; Periods=5; UseAlert=false; SendEmail=false; TradeLog="CFR Tracking"; Slippage=2; Indicator_Setting="CFR Tracker"; TimeFrame=0; Length=5; Method=3; Smoothing=1; Filter=5; RealTime=true; Steady=false; CountBars=1485;

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adil08 Newbie

adil08

Posted
Posted

Re: EA TRADING FROM HOME

 

analysis to minimize the loss :

1. indicators used: bollinger band (20.2)

2. if open positions happen at outside of bollinger band possibility of profit

3. if open positions happen at inside of bollinger band possibility of loss, manual cut loss

4. trailing step of open position : 4 or higher

5. range repeat max 3 :to max open position

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