ASCTrend system - page 77

 

On the other hand, I found that you have used two indicators in this EA: ASCTrend and ASCTrend1

Although ASCTrend1 is an essential indicator for ASCTrend, however, to avoid confusion, and finding the best conditions for ASCTrend EA, could you please modify the EA to work based on ASCTrend indicator only...

 
etrade:
On the other hand, I found that you have used two indicators in this EA: ASCTrend and ASCTrend1 Although ASCTrend1 is an essential indicator for ASCTrend, however, to avoid confusion, and finding the best conditions for ASCTrend EA, could you please modify the EA to work based on ASCTrend indicator only...

Should be one.

 
etrade:
I think there is a bug in the EA

The only variable of ASCTrend is the Risk parameter

Although one can change it in the EA, but in action no difference in the EA behavior

I also tested the other ASCTrend EA, but there was the same problem

I even edited the files of EA and indicator by putting a different RISK value, and then compile them from the beginning, but still the EA works for the default RISK 3.

What can be the reason of this problem ?

 

Sorry, I made a mistake

The EA uploaded in post https://www.mql5.com/en/forum/173249/page6 works fine with various RISK values

But I still have the problem to adapt the new EA developed by newdigital

 
etrade:
Sorry, I made a mistake

The EA uploaded in post https://www.mql5.com/en/forum/173249/page6 works fine with various RISK values

But I still have the problem to adapt the new EA developed by newdigital

I could not fix this Risk issue. I asked Igorad as this asctrend code is from him originally so he knows better (see comments inside the code in MetaEditor).

As to this EA on this post https://www.mql5.com/en/forum/173249/page6 so it is using asctrend indicator as icustom from outside (means that you must have indicator in /indicators folder).

My EA is not using any indicator from outside and that is why I could not fix it.

Hope it will be fixed soon.

 
newdigital:
I could not fix this Risk issue. I asked Igorad as this asctrend code is from him originally so he knows better (see comments inside the code in MetaEditor).

As to this EA on this post https://www.mql5.com/en/forum/173249/page6 so it is using asctrend indicator as icustom from outside (means that you must have indicator in /indicators folder).

My EA is not using any indicator from outside and that is why I could not fix it.

Hope it will be fixed soon.

I understand your situation, but I cannot understand from where this default value of RISK 3 comes, as I edited even in the EA script before compiling

 
etrade:
I understand your situation, but I cannot understand from where this default value of RISK 3 comes, as I edited even in the EA script before compiling

I updated new 1.1 version of AsctrendBuySellExpert EA on this post https://www.mql5.com/en/forum/173249/page51

Igorad fixed the Risk.

 
newdigital:
I updated new 1.1 version of AsctrendBuySellExpert EA on this post https://www.mql5.com/en/forum/173249/page51 Igorad fixed the Risk.

newdigital,

Many thanks for this improvement. I will put it in action. I took a look at the script and found that the trading system is like the ASCTrend EA uploaded in post https://www.mql5.com/en/forum/173249/page6

As I discussed in https://www.mql5.com/en/forum/177886

there is a big problem with this trading system, as it will always open a new trade if there is no opened trade. Thus, if a trade closed manually or by TP or SL, EA will open another trade while the signal is in the same direction.

In other words, this EA works on only one condition open/close by ASCTrend

 
etrade:
newdigital,

Many thanks for this improvement. I will put it in action. I took a look at the script and found that the trading system is like the ASCTrend EA uploaded in post https://www.mql5.com/en/forum/173249/page6

As I discussed in https://www.mql5.com/en/forum/177886

there is a big problem with this trading system, as it will always open a new trade if there is no opened trade. Thus, if a trade closed manually or by TP or SL, EA will open another trade while the signal is in the same direction.

In other words, this EA works on only one condition open/close by ASCTrend

I looked at this thread and want to say that most of the EAs are working like that:

EA is waiting for the next signal or to the signal to be changed. And almost all EAs coded by Beluck and Igorad are waiting for the signal.

For example, attach AsctrendBuySellExpert_v1.1 to GBPUSD M15 chart with take profit =10 and Risk=8 and you will see (by backtesting).

Files:
 

You are quite right. This was my mistake. This problem is only valid for the ASCTrend EA, not AsctrendBuySellExpert_v1.1.

AsctrendBuySellExpert_v1.1 is indeed a perfect EA. Thanks for this. I will put it in demo account then in micro for testing.

For improving the EA by adding an additional indicator, there are three ways:

1. Adding an indicator to ignore invalid signals. But the problem is that after an invalid signal when the second indicator changes, EA will trade on invalid signal. I mean, we need an indicator showing an opposite direction from an invalid signal until the next signal.

2. Finding an indicator showing non-trade zones. Something like ASCTrend1, but with a long direction.

3. Finding the trend direction (e.g. with EMA), then persuading EA to trade on one direction (buy or sell) while the second indicator shows a direction.

Anyway, time will tell, but I am quite positive about this EA.

newdigital:
I looked at this thread and want to say that most of the EAs are working like that:

EA is waiting for the next signal or to the signal to be changed. And almost all EAs coded by Beluck and Igorad are waiting for the signal.

For example, attach AsctrendBuySellExpert_v1.1 to GBPUSD M15 chart with take profit =10 and Risk=8 and you will see (by backtesting).