OddevenEA : Based on pure probability :) and luck.... - page 3
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zupcon,
Thank you.
Your right.
Who would have ever dreamed of the contributers that have come here to this thread, thus far. In the beginning this thread could have been doomed...and it turns out that one cannot judge a book by its cover!
Hopefully the advanced concepts that zupcon has so succintly captured will imprint on just one trader!..
ES
removing the beam from your eye can sometimes be a step of faith ™
We need "no trade zones" now...
experiment with letting the EA check for them (no trade zones) at the instance it is calling upon a random odd/even time entry.
for example..the RSI value of the above 50 or below 50 line ....we could put a zone exception of 45-55 = no trade
or..
a comparison of a fast and slow ROC value (or the oscillator) could be evaluated for that minute the EA is calling upon the odd-eveness of time...I cannot find ROC in MT4's indicator library, however, there is an MA oscillator...
or...
Position in ATR....(side benefit...risk/reward & support and resistance)
Have Fun!
ES
P.S. What I am afraid of here though is that we remove too much of the randomness...so be careful and keep it simple. Set up this to be loose as we only need a few percent....(some of you realize I am searching for a volume componet and I am going about it indirectly...this is Forex and we have no volume... just fragmented, smoothed & altered OHLC)
great minds constrained in boxes can be shipped !™
Two more inputsare needed to automatically set TPs and SL's from ATR Valuesso that different pairs with different ranges can be normalized.
I am using a spreadsheet but can't an input in the EA use the percentage of the value from the 24 period Daily ATR indicator? The input could be the percent to use.
With this addition this random probability EA with RSI boost can be more universal and more easily used and configured for all pairs.
ES
I think we don't need a Magic Number, because EA will identify its trade with Comment Value. Correct me if i'm wrong.
Thanks to davidke20 for adding a magic number.
Two more inputsare needed to automatically set TPs and SL's from ATR Valuesso that different pairs with different ranges can be normalized.
I am using a spreadsheet but can't an input in the EA use the percentage of the value from the 24 period Daily ATR indicator? The input could be the percent to use.
With this addition this random probability EA with RSI boost can be more universal and more easily used and configured for all pairs.
ESAdded ATR dynamic stop loss/take profit, with changeable percentage of usage on both TP/SL.
EURUSD
ATR.TimeFrame=240(H4)
ATR=0.0080
SL_VAR=50
TP_VAR=40
TakeProfit= 80pips x 40% = 32pips
StopLoss= 80pips x 50% = 40pipsGBPJPY
ATR.TimeFrame=1440(D1)
ATR=1.800
SL_VAR=30
TP_VAR=120
TakeProfit= 1800pips x 30% = 540pips
StopLoss= 1800pips x 120% = 2160pips
Seems like this is not a pure Odd/Even game anymore
Regards
David
David,
I have never seen anybody with the speed of programming skills you possess...you are so quick! admit it...do you have these chunks of code saved in your database...or did you cook this up from the top of your head?
ES
David,
I have never seen anybody with the speed of programming skills you possess...you are so quick! admit it...do you have these chunks of code saved in your database...or did you cook this up from the top of your head?
ESThose are just easy basic stuff in coding, doesn't need it in my library. I reserved most of the hard drive space for my porn collection, Jenna Jameson, Heather Hunter, Bridget Kerkove, Cytheria... ahh... just too much, cant remember them.
Regards
David
Min_Stop_Loss: "35" will this be overriden when ATR is true?
Min_Take_Profit: "40" will this be overriden when ATR is true?
AccountType: "0" What is this? 0=false?..or is 0= IBFX?
Min_Stop_Loss, it will only be kick out when UseATR=true, and the ATR value is greater then the Min_Stop_Loss. So as Min_Take_Profit. Min_Stop_Loss, as its varieble name says, minimum stop loss that you instruct the EA to accept, and minimum take profit you instruct the EA to trade with. As long as your UseATR=true, and your ATR value is greater then your minimum value of TP/SL, it will be override.
AccountType
0: Broker that only allow 0.10 smallest lot. Such as North Finance, MiG
1: Normal Standard/Mini account with 0.01 lot = 10cent/pip value on EURUSD
2: Micro NANO account like AleccoFX, Interbankfx with 0.01lot = 1cent/pip value on EURUSDm
Hope this help.
Regards
David
It is very simple now..the base pair of USD/JPY (I am not trading it because it did not fit in this basket, but it is the most excellent to test with) was used to find the percentages for ATR (I use a long period of 24 on the daily). Now all there is to have is one preset file to load it on other pairs using that same percentage to get the normalization that our thread author tested and presented.
Once you finished settting up your chart, and done configured your EA, save your template name as Default. Next time it will follow the exact settings on each new chart as default setups.
Regards
David
p/s: oh look nice number of post i made 1111
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Sir,
you are a connoisseur
Es
Those are just easy basic stuff in coding, doesn't need it in my library. I reserved most of the hard drive space for my porn collection, Jenna Jameson, Heather Hunter, Bridget Kerkove, Cytheria... ahh... just too much, cant remember them.
Regards
David