Pip Accumulator EA

[JasonKwok]

hi Guys,

 

I read the manual from the system and the creator suggest using the system on H1 and above.

 

I've placed the EA on EURUSD H1 and it has been profitable. Though there are fewer trades, most trades were profitable.

 

If you switch the chart to H1 with all the original indicators loaded, you can see how profitable it is. Trading on higher time frame require strict with our position sizing due to the larger Stop Loss.

 

I also used Super Trend, with default settings, to trail stop loss. Super Trend indicator works similar to Parabolic SAR but having a better distance from the price allow us to capture most of the trend by closing the trade when price closed on the other side of the Super Trend Indicator.

 

Last but not least, Million of Thanks to SoundFX for coding the EA from the manual system!

Edited September 20, 2011 by JasonKwok

[numeric]

Anybody post Super Trend indicator

[JasonKwok]

Anybody post Super Trend indicator

 

Google and you can find. Here is where I downloaded the indicator.

 

http://www.forex-tsd.com/tools-utilities-strategy-trader/28629-supertrend-indicator.html[/Quote]

[chandu1713006579]

If you are not a member of forex-tsd,go here

 

http://codebase.mql4.com/3959

 

Anybody post Super Trend indicator

[scorpion]

Hello Sound, hello guys,

As promised, I tested during the week, with several pairs, with a global target of profits or losses,

 

to draw a valid conclusion, it is necessary to automate this process,

I wanted a utility that effectively close all orders when it reaches a preset target, the problem is that it stops, and continues to open orders, therefore it is necessary, any solution.

under these conditions, the result is not bad, despite being slightly negative,

I know there is a tool that can do everything I need, and I will look for during the weekend.

PD. I still have the version 1.01

[soundfx]

Hi scorpion,

 

Thanks for the update. Try Multi purpose trade manager.mq4 (created by SteveHopwood) that does just about everything lol.

 

I've been using version 2 with default settings on the 15m EURUSD this week. My old demo expired and I had to open a new one for 10K. There was also a time when my laptop crashed. I have II_Pip_accumulator set to show "All TF" and also II_Prob_Hist and II_Prob_Hist2 just for extra analysis - so it could be those being "resource heavy" causing the crash or maybe my laptop which isn't state of the art ;) Anyway, this means that the results I've seen this week could possibly have been worse or better.

 

As it stands they were pretty good:

 

http://i54.tinypic.com/20l05k7.jpg

http://i52.tinypic.com/xe0ck7.jpg

[fxPCNetwork]

First of all thanks to soundfx and all for such great work, I will be testing and reporting as I beleive this EA really has potential!

 

Here is my testing for H1 TF:

 

http://i51.tinypic.com/21l5yxe.jpg

 

To my judgement the EA did incredibly good with only 1 mistake, the transaction that closed at -382.98 was positive at $120+ at one point when the market start it to reverse and the SL was red the whole time but the transaction never closed, I don't understand why as all the others where stoped perfectly when the price hit ST more or less.

 

I didn't used SL or TP as I turn SwingSL and TrailStopOn to true.

[soundfx]

Hi fxPCNetwork,

 

Thanks for reporting back with your results.

 

Did you check your experts log to see if there were any errors in there at the time that dodgy trade should have closed ?

[fxPCNetwork]

Hi fxPCNetwork,

 

Thanks for reporting back with your results.

 

Did you check your experts log to see if there were any errors in there at the time that dodgy trade should have closed ?

 

I went to check but, I'm using Pipa Indis for manual trading in the same MT4 and every time I change TF it gives an entry in the log:

 

2011.09.22 14:51:45 II_Prob_Hist EURUSD,M5: uninit reason 1

2011.09.22 14:51:45 II_Prob_Hist EURUSD,M5: deinitialized

2011.09.22 14:51:45 II_Prob_Hist EURUSD,M15: removed

etc...

 

So the log won't go until the 21st anymore, but I will keep an eye on it if it happens again and report it.

 

Thanks again!

[soundfx]

Have a look in the directory MT4\experts\logs and there will be files in there for each day which you should be able to view in notepad going back in history.

[fxPCNetwork]

Can I place the expert on different pairs in the same MT4, I don't see any extern to change the magic.

 

I will try different brokers this week.

[fxPCNetwork]

Have a look in the directory MT4\experts\logs and there will be files in there for each day which you should be able to view in notepad going back in history.

 

I already checked but I only have one file with the following:

18:00:07 Compiling 'MACD Sample'

18:00:07 Compiling 'Moving Average'

18:00:07 Compiling 'Accelerator'

18:00:07 Compiling 'Accumulation'

18:00:08 Compiling 'Alligator'

18:00:08 Compiling 'ATR'

18:00:09 Compiling 'Awesome'

18:00:09 Compiling 'Bands'

18:00:10 Compiling 'Bears'

18:00:10 Compiling 'Bulls'

18:00:11 Compiling 'CCI'

18:00:11 Compiling 'Heiken Ashi'

18:00:11 Compiling 'Ichimoku'

18:00:11 Compiling 'iExposure'

18:00:12 Compiling 'MACD'

18:00:12 Compiling 'Momentum'

18:00:12 Compiling 'Moving Averages'

18:00:12 Compiling 'OsMA'

18:00:12 Compiling 'Parabolic'

18:00:13 Compiling 'RSI'

18:00:13 Compiling 'Stochastic'

18:00:13 Compiling 'ZigZag'

18:00:13 Compiling 'close'

18:00:14 Compiling 'delete_pending'

18:00:14 Compiling 'modify'

18:00:14 Compiling 'modify_pending'

18:00:15 Compiling 'period_converter'

18:00:15 Compiling 'rotate_text'

18:00:15 Compiling 'send_pending'

18:00:15 Compiling 'trade'

18:00:16 Compiling 'stdlib'

18:00:17 Experts are disabled because the account has been changed

 

Is there a way to turn the Expert logging on?

[soundfx]

Can I place the expert on different pairs in the same MT4, I don't see any extern to change the magic.

 

No problem. The expert numbers are automatically determined within the EA based on the pair being traded and the timeframe, to save you have to mess around putting different numbers in.

 

You should still see the trade logs in the middle of those compiling messages. This is an extract from my log:

 

09:13:32 II_PIPA_EA-2_01 EURUSD,M15: Sell Entry = 1.353 StopLoss = 0.0043 Lots = 0.2

09:13:32 II_PIPA_EA-2_01 EURUSD,M15: acctFreeMargin=10433.79 Risk %=2 maxDDPips=42 lotMM=0.50

09:13:32 II_PIPA_EA-2_01 EURUSD,M15: Sell @1.353 SL=1.3573 TP=0

09:13:32 II_PIPA_EA-2_01 EURUSD,M15: open #233213458 sell 0.50 EURUSD at 1.35304 ok

09:13:33 II_PIPA_EA-2_01 EURUSD,M15: modify #233213458 sell 0.50 EURUSD at 1.35304 sl: 1.35729 tp: 0.00000 ok

09:39:04 II_PIPA_EA-2_01 EURUSD,M15: EURUSD Sell Trail error(128): trade timeout TrailStop = 1.3527

10:09:55 II_PIPA_EA-2_01 EURUSD,M15: modify #233213458 sell 0.50 EURUSD at 1.35304 sl: 1.35266 tp: 0.00000 ok

10:09:55 II_PIPA_EA-2_01 EURUSD,M15: EURUSD Sell Trail stop set to: 1.3527

10:09:55 II_PIPA_EA-2_01 EURUSD,M15: modify #233213458 sell 0.50 EURUSD at 1.35304 sl: 1.35265 tp: 0.00000 ok

10:09:55 II_PIPA_EA-2_01 EURUSD,M15: EURUSD Sell Trail stop set to: 1.3526

10:09:55 II_PIPA_EA-2_01 EURUSD,M15: modify #233213458 sell 0.50 EURUSD at 1.35304 sl: 1.35263 tp: 0.00000 ok

10:09:55 II_PIPA_EA-2_01 EURUSD,M15: EURUSD Sell Trail stop set to: 1.3526

10:09:56 II_PIPA_EA-2_01 EURUSD,M15: modify #233213458 sell 0.50 EURUSD at 1.35304 sl: 1.35255 tp: 0.00000 ok

10:09:56 II_PIPA_EA-2_01 EURUSD,M15: EURUSD Sell Trail stop set to: 1.3525

10:09:57 II_PIPA_EA-2_01 EURUSD,M15: modify #233213458 sell 0.50 EURUSD at 1.35304 sl: 1.35254 tp: 0.00000 ok

10:09:57 II_PIPA_EA-2_01 EURUSD,M15: EURUSD Sell Trail stop set to: 1.3525

10:09:58 II_PIPA_EA-2_01 EURUSD,M15: modify #233213458 sell 0.50 EURUSD at 1.35304 sl: 1.35248 tp: 0.00000 ok

10:09:58 II_PIPA_EA-2_01 EURUSD,M15: EURUSD Sell Trail stop set to: 1.3525

10:10:00 II_PIPA_EA-2_01 EURUSD,M15: modify #233213458 sell 0.50 EURUSD at 1.35304 sl: 1.35244 tp: 0.00000 ok

10:10:00 II_PIPA_EA-2_01 EURUSD,M15: EURUSD Sell Trail stop set to: 1.3524

10:10:00 II_PIPA_EA-2_01 EURUSD,M15: modify #233213458 sell 0.50 EURUSD at 1.35304 sl: 1.35243 tp: 0.00000 ok

[⭐ musketeer]

First of all thanks to soundfx and all for such great work, I will be testing and reporting as I beleive this EA really has potential!

 

Here is my testing for H1 TF:

 

To my judgement the EA did incredibly good with only 1 mistake, the transaction that closed at -382.98 was positive at $120+ at one point when the market start it to reverse and the SL was red the whole time but the transaction never closed, I don't understand why as all the others where stoped perfectly when the price hit ST more or less.

 

I didn't used SL or TP as I turn SwingSL and TrailStopOn to true.

 

My personal opinion about testing (does not matter back or forward) is best to turn off any MM and if possible to equal lot/usd

hence, it is hard to say what is the performance on ur report (needs further calculations) but if the lotsize was 0.1 for example, and trading only eu, it is easy to view all in pips...

[soundfx]

My test was 203 pips for the week. Slightly messy to convert, though you can display the statement in your browser, then copy and paste into excel and put in this formula at the end of each row to calculate the pips (change 10000 to 100 for JPY pairs):

 

=IF(C1="sell",(F1-J1)*10000,(J1-F1)*10000)

[fxPCNetwork]

I use a different script that calculates number of trades, pips, profit and Average profit per trade classified by magic number.

 

Here it is:

 

hxxp://[email protected]/file/VbCfkF1M/AccountHistory.html

 

I load it in to my first graph (Any pair) I put it to M1 and turn everything black in the properties to see the writen calculations and nothing else.

 

You can also edit the code very easily and enter the name of your EA's associated with each Magic number.

 

Give it a try!

[fxPCNetwork]

My test was 203 pips for the week.

 

What TF are you using?

 

Any recomended settings?

[soundfx]

I was using M15 EURUSD and default settings as I mentioned in the post where I included the results.

 

Note that this was a test of II_PIPA_EA2_01 which has different default settings to the earlier ones. Default stop is swing stop and trail is turned on to start at 22 and trail for 20. Entry determination is set to ProbSTEntry.

[hermes]

Even the EAs mostly don't match manual tradings it could be a good EA. I already made a few dollars with the manual version but I want to mention that another good one is a ****** Simple System. It is not ****** at all!

Sorry, we cannot use here any holy words anymore.

Thanks Hermes

[⭐ musketeer]

My test was 203 pips for the week. Slightly messy to convert, though you can display the statement in your browser, then copy and paste into excel and put in this formula at the end of each row to calculate the pips (change 10000 to 100 for JPY pairs):

 

=IF(C1="sell",(F1-J1)*10000,(J1-F1)*10000)

 

:) can i add for auto jpy pairs: =FIND("j";E1;1)

[⭐ musketeer]

I use a different script that calculates number of trades, pips, profit and Average profit per trade classified by magic number.

 

Here it is:

 

hxxp://[email protected]/file/VbCfkF1M/AccountHistory.html

 

I load it in to my first graph (Any pair) I put it to M1 and turn everything black in the properties to see the writen calculations and nothing else.

 

You can also edit the code very easily and enter the name of your EA's associated with each Magic number.

 

Give it a try!

well, it is an EA :) and for me the easiest way is to set in "Scale fix: min 0.1 max 0.2" in chart properties w/o any other changes - the result is clean screen :)

 

And for sure it is a must have thing!

 

Thanks!

[freddy]

Even the EAs mostly don't match manual tradings it could be a good EA. I already made a few dollars with the manual version but I want to mention that another good one is a ****** Simple System. It is not ****** at all!

Sorry, we cannot use here any holy words anymore.

Thanks Hermes

 

 

Maybe we can use (for how long?) : S*t*u*p*i*d* or s*c*a*m* ! ;)

[fxPCNetwork]

Hello Soundfx!

 

I found some errors:

 

2011.09.25 21:18:39 II_PIPA_EA-2_01 USDCHF,M15: EURUSD Sell Trail error(130): invalid stops TrailStop = 0.9124

 

2011.09.25 21:20:57 II_PIPA_EA-2_01 USDCHF,M15: EURUSD Sell Trail error(130): invalid stops TrailStop = 0.9128

[soundfx]

Hmmm - that error normally means that the stop you're trying to set is too close to the current price. Brokers have their own individual rules on how close a stop can be placed, however this is typically only a few pips. Occasionally if price is moving fast, you can get these errors because each time you try to set your stop, price has moved too close to the new stop.

 

Are you running II_PIPA_EA2_01 ? I see that your broker appears to be quoting as 4 digits and I've just checked the code and that should work fine for both 4 digit and 5 digit brokers (I'm running on 5 digit Alpari UK as a test).

 

What doesn't make sense is that you said that your stop was showing red for ages. Stop turns red when price is within 10 pips of your stop and similarly target turns green when price is within 10 pips of your target.

 

Without seeing all the results it's hard to tell exactly what happened.

 

However, if the stop was red all the time and this turned a winning trade into a losing trade, it seems that we were trailing a losing trade when we should only be trailing winning trades, though from what we have in the code this shouldn't happen.

 

Given that I've not seen similar problems, this appears to be a weird "one-off" issue (though will still need to be resolved before we consider running this in live).

Edited September 26, 2011 by soundfx

[⭐ musketeer]

Hmmm - that error normally means that the stop you're trying to set is too close to the current price. Brokers have their own individual rules on how close a stop can be placed, however this is typically only a few pips. Occasionally if price is moving fast, you can get these errors because each time you try to set your stop, price has moved too close to the new stop.

 

Are you running II_PIPA_EA2_01 ? I see that your broker appears to be quoting as 4 digits and I've just checked the code and that should work fine for both 4 digit and 5 digit brokers (I'm running on 5 digit Alpari UK as a test).

 

What doesn't make sense is that you said that your stop was showing red for ages. Stop turns red when price is within 10 pips of your stop and similarly target turns green when price is within 10 pips of your target.

 

Without seeing all the results it's hard to tell exactly what happened.

 

However, if the stop was red all the time and this turned a winning trade into a losing trade, it seems that we were trailing a losing trade when we should only be trailing winning trades, though from what we have in the code this shouldn't happen.

 

Given that I've not seen similar problems, this appears to be a weird "one-off" issue (though will still need to be resolved before we consider running this in live).

 

it is true that w/o all info it is hard to say what exactly happened

but anyway, if you do not mind, in next release it may be inner controlled (not trying to set SL TP inside stoplevel) (and greatly appreciated one :) )

 

cSL=MathMax((MarketInfo(aPair[index],MODE_STOPLEVEL), StopLoss);

Edited September 26, 2011 by musketeer