10points 3.mq4 - page 79
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Here is the "10Point3 Dynamic Stop v2" EA with Goblin's indicators incorporated. I modified the indicator flow a bit but it should still produce the same direction. Have a look and let me know any feedback.
Looks good. Just remember that...
UpTrendVal = iCustom(Symbol(), PERIOD_H4, "Turbo_JVEL",7,-100,0,0);
DnTrendVal = iCustom(Symbol(), PERIOD_H4, "Turbo_JVEL",7,-100,1,0);
implies you're getting the overall trend direction from an H4 chart period, regardless of what your current chart period is. This was the original default running on a suggested H1 chart, but we found it wasn't reactive enough so the 2nd release of Goblin used an H1 overall trend period and an H1 trade chart.
Forward testing
With the start of trading next week I will be testing 10points3 Dynamic Stop with the following settings.
TakeProfit=20.00000000
Lots=0.01000000
InitialStop=1.00000000
TrailingStop=10.00000000
MaxTrades=13
Pips=15
SecureProfit=10
AccountProtection=0
OrderstoProtect=0
ReverseCondition=0
EURUSDPipValue=10.00000000
GBPUSDPipValue=10.00000000
USDCHFPipValue=10.00000000
USDJPYPipValue=9.71500000
StartYear=2005
StartMonth=1
EndYear=2006
EndMonth=12
EndHour=22
EndMinute=30
mm=0
risk=12
AccountisNormal=1
Magic=10201
I have continued to test 10points 3 loss cutoff AZemsjoflo[1] with good success. It has a 1.64 progression. Using the following settings last weeks results are attached.
IncreaseFactor=1.64000000
TakeProfit=20.00000000
Lots=0.01000000
InitialStop=0.00000000
TrailingStop=10.00000000
MaxLoss=150.00000000
MaxTrades=10
Pips=15
SecureProfit=10
AccountProtection=0
OrderstoProtect=0
ReverseCondition=0
EURUSDPipValue=10.00000000
GBPUSDPipValue=10.00000000
USDCHFPipValue=10.00000000
USDJPYPipValue=9.71500000
StartYear=2005
StartMonth=1
EndYear=2006
EndMonth=12
EndHour=22
EndMinute=30
mm=0
risk=12
AccountisNormal=1Here are the first detailed statements for this week.
10points3 Dynamic Stop is now trading .01 .02 .03 .05 .08 and as expected it is slower to close off profitably, time will tell whether to persevere with this 1.5 progression.
10points 3 loss cutoff AZemsjoflo[1] has a 1.64 progression and trades .01 .01 .02 .03 .05.
Ok, time to sound completely newbish. I am wanting to help forward test this EA and am having some problems applying it. Ive got the latest version of 10_point_3 dynamic stop and I attach it to the chart(s). I have not modified any of the code at all and I also open MACD on the same chart but I am not getting any trades. I know its something incredibly simple I am overlooking. If someone would be so kind as to point out what it is I would appreciate it. Thanks.
lack of trading
Ok, time to sound completely newbish. I am wanting to help forward test this EA and am having some problems applying it. Ive got the latest version of 10_point_3 dynamic stop and I attach it to the chart(s). I have not modified any of the code at all and I also open MACD on the same chart but I am not getting any trades. I know its something incredibly simple I am overlooking. If someone would be so kind as to point out what it is I would appreciate it. Thanks.
Firstly it is not necessary to open the indicator providing it is in the indicators file and it is in there by default.
Have you enabled the EA using the tab above the chart?
Have you enabled live trading on the first page of the settings?
Have you got a smiley icon or a sad one?
Are you trying to use a .01 setting on an account that will not trade that level.
Are you trying to use .01 whilst still having AccountisNormal0 setting?
What does the Experts tab and the Journal tab say in the Terminal?
Have you got a blue hat on your EA or a grey one?
Just a few things to look at.
John
Forward testing
Here is the "10Point3 Dynamic Stop v2" EA with Goblin's indicators incorporated. I modified the indicator flow a bit but it should still produce the same direction. Have a look and let me know any feedback.
I have now created another platform and loaded V2 and subsequently loaded V2.2 over it.
Thanks Matt, I will post updates in a day or so.
John
Thanks John. I think that did it. Im using MT4 and not was trying to use the EA on a broker that doest allow for mini accounts. (Or at least not the demo I have set up.) Thanks again.
Here is the "10Point3 Dynamic Stop v2" EA with Goblin's indicators incorporated. I modified the indicator flow a bit but it should still produce the same direction. Have a look and let me know any feedback.
I also will join you guys on that thread...
btw: 1. where could I get the indicators "10Point3 Dynamic Stop v2" use?
2. where could we get "10Point3 Dynamic Stop v2.2"?
Download
I also will join you guys on that thread...
btw: 1. where could I get the indicators "10Point3 Dynamic Stop v2" use?
2. where could we get "10Point3 Dynamic Stop v2.2"?Page 79 post #782 will find the 2.2 version.
Now that Goblin is also involved it may be necessary to also use these indicators I am not a coder but have also put these in the indicators file since they are important to Goblin.
Welcome aboard.
John
Page 79 post #782 will find the 2.2 version.
Now that Goblin is also involved it may be necessary to also use these indicators I am not a coder but have also put these in the indicators file since they are important to Goblin.
Welcome aboard.
JohnOh, thanks a lot... I hope I could help you guys...
but... er... something sounds odd: Does this EA hold the losing trades indefinitely?
Dynamic Stop
Oh, thanks a lot... I hope I could help you guys... but... er... something sounds odd: Does this EA hold the losing trades indefinitely?
I have posted a description of how the Dynamic Stop works this was posted originally by tururo who modified 10points 3.
This has been the version that Goblin and 10points3v2.2 were evolved from.
So the stoploss is determined by your MaxTrades plus your InitialStop and Pipstep as described below. Mtaboneweb and bluto are working to improve the direction and possibly even change direction during any sequence of trades.
John
Posted by tururo.
The way this EA works is to open a new trade when the loss gets to the value of the "Pips" setting (15). It does this until you have maxtrades open and will open no more. Once you get to maxtrades, if the price continues to go against you, your losses are unlimited. The modification sets the stop point at the place where the last trade would reach the 15 pip loss point + the value of initial stop. So, for each of the orders the stops would be as follows if Pips = 15 and InitialStop = 2, MaxTrades = 5:
Let's say your first trade sells at 1.2600
1st trade stop at 1.2600 + 75 + 2 = 1.2677
2nd trade opens at 1.2615
2nd trade stops at 1.2615 + 60 + 2 = 1.2677
3rd trade opens at 1.2630
3rd trade stop at 1.2630 + 45 + 2 = 1.2677
4th trade opens at 1.2645
4th trade stop at 1.2645 + 30 + 2 = 1.2677
5th trade opens at 1.2660
5th trade stop at 1.2660 + 15 + 2 = 1.2677
So when the price gets to 1.2677 all trades closed out at the stop loss. See yeoelevens earlier post for dollars example.
In practice the stops will vary by a few pips.