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Author Topic: EA Controller  (Read 165143 times)

Offline donnaforex

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Re: EA Controller
« Reply #315 on: November 13, 2018, 07:44:41 PM »
Discount link for forum members for Bollinger EA and the Controller packaged together:

https://secure.2checkout.com/order/checkout.php?PRODS=17466430&QTY=1&CART=1&CARD=1

Direct link to shopping cart, seller can confirm that this is legit and not simply a link to deposit money direct to my account :).
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If you need to contact me, email admin@donnaforex.com or Skype 'donnaforex' or PM via the forum.

Online diyforexskills

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Re: EA Controller
« Reply #316 on: November 14, 2018, 04:00:59 AM »
Discount link for forum members for Bollinger EA and the Controller packaged together:

https://secure.2checkout.com/order/checkout.php?PRODS=17466430&QTY=1&CART=1&CARD=1

Direct link to shopping cart, seller can confirm that this is legit and not simply a link to deposit money direct to my account :).

And the seller so certifies.   ;D

(Pls see https://donnaforex.com/index.php?topic=20211.msg382515#msg382515 for a description of the Package.)

By way of background.

Trading can be a lonely occupation. Being able to share ideas and experiences on this Forum with like-minded traders makes all the difference. In this case I got interested in BB via the work of donbon2 with his SQ EURNZD and later the PZ BB EA. So I decided to make a version of the Autotrader with a BB module to enable more dynamic ways of using the BB. After several days of testing it became apparent to both of us that we could make strategies that work well some of the time, six months or more, but then gave it all back. However the timings of the good and bad periods were different, and so was borne the idea of running three versions with the Controllers. And so the FXAE BB EA with Controller Package came about.

And since this was all made possible by participating in the Forum, 20% of sale proceeds via the link she has provided will be going to Donna in support of the Forum.

Please note.
1. If you already own both the Autotrader and Controller, your free Updates in December will include the full Autotrader with BB module and the new Controller PF version. So no need to buy this Package.
2. If you purchased the Special Package 2018 this year, I will be emailing you shortly for your options.
Information and product page - http://www.diyforexskills.com/forex-tools/




Offline williamnouri20

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Re: EA Controller
« Reply #317 on: November 14, 2018, 07:36:16 AM »
hi,im new to forex.i know how to trade but sometimes the market seems to be go well suddenly it changes the way!anyone has an idea about it?

Online diyforexskills

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Re: EA Controller
« Reply #318 on: November 14, 2018, 10:35:20 AM »
hi,im new to forex.i know how to trade but sometimes the market seems to be go well suddenly it changes the way!anyone has an idea about it?

A good start would be to read the 5 articles here https://www.perfecttrendsystem.com/day-trading-strategy-for-forex-v-power

Or for a more general intro https://www.forexnews.com/forex-education/what-makes-a-market-move/
Information and product page - http://www.diyforexskills.com/forex-tools/




Online diyforexskills

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Re: EA Controller
« Reply #319 on: November 17, 2018, 07:39:14 AM »
Final Summing Up of Current Tests (1 to 7)

These tests started in February. Turned out to be a messy operation with many glitches. Lots of Posts, hopefully some beneficial, but overall way too much. So the briefest of summaries and then we stop these tests.

I was really trying to answer/shed light on, three issues:

1. Can the Controller work with all types of EAs?
      ANSWER - No. Using the Controller with scalpers makes things worse. Need EAs with 1:1 reward to risk ratios or better.

2. Is there much difference between Controlling EAs direct (for ones that have the signal code like FXAE) vs Controlling via having the TM closing unwanted trades and/or enter scale-ins on third party EAs (which don't have the signal coded and hence cannot be controlled direct). 
      ANSWER - no, not much difference

3. Does entering reverse entry trades, direct or via reverse scale-in, improve results?
     ANSWER - in many/most cases no. The one positive result comes from an EA that has no TS, as per image below for the VFX GBPJPY. Also need to adjust settings for reverse entry; the TP level for reverse entry has to be set equal to the SL for the normal entry; and vice versa so that the exit conditions are mimicked.
(Although disappointing overall, I was pleased that the VFX GBPJPY EA which in long-term BT fails badly, and which started off badly in this test, was actually partially "resurrected" by the reverse scale-in trades during DD as shown below.)

Going forward I intend to focus on using FXAE EAs (directly controllable) but use the DIY Trade Manager Plus for any reverse entry trading during DDs. Reason being that the TM has a feature which can close scale-in trades whenever the trade from the EA itself is closed. So if the EA has a TS and/or BE feature on the TP side of the trade (which would be the SL side of the reverse entry trade), then the reverse entry trade will also be closed when the BE or TS on the EA's trade is hit; rather than going onto its full SL value. This will improve the reward to risk ratio of reverse entry trades in these situations.

Also, the new PF version of the Controller is showing promise as a different way of determining when to stop and re-start the EAs; less whipsawing.
Information and product page - http://www.diyforexskills.com/forex-tools/




Online diyforexskills

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Re: EA Controller
« Reply #320 on: November 18, 2018, 06:43:09 AM »
The Mathematics of Reverse Entries during DD

As noted in previous Post I was disappointed that scaling in reverse entry trades during an EA's DD period was not proving profitable in most cases.

To discover why I did some simple maths.

Take an EA with reward to risk of 2:1 (ie TP 2 units, SL 1 unit). For such an EA to lose requires a win% of < 33% (Wins - 33 x 2 = 66, Losses - 67 x1 = 67).
A reverse entry trade for that EA would have the inverse of TP/SL, ie TP 1 unit and SL 2 units; and its win% rate would also be the inverse, ie 67%
So Wins would be 67 x 1 = 67, Losses 33 x 2 = 66 or just about BE.

In other words , we should not be taking reverse entry trades until the EA itself is performing really badly, say around 25% wins or less; or around a PF of 0.9 or less.

In my testing I had been entering reverse entry trades far too early in a DD using the Controller MA. In fact, it would make more sense to use the Controller PF to trigger reverse entry trades, at say a PF of 0.9 or even 0.8.

The image shows how we can use the Controller MA the stop and re-start trading on live and use the Controller PF to initiate reverse entry trades but only when PF is below 0.9.

This EA has a 2:1 reward to risk ratio. For Controller MA I have used a LWMA instead of a SMA; and I have shifted the MA by 20 trades. Shifting the MA helps to reduce getting whipsawed into stopping and re-starting live trading when performance is choppy, and hence improves performance.
Information and product page - http://www.diyforexskills.com/forex-tools/




Online diyforexskills

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Re: EA Controller
« Reply #321 on: November 22, 2018, 06:12:25 AM »
Half price sale

For a limited time you can now purchase the Controller and any of my four products for "half price".
(These prices will show when you reach the Order page. No Coupon code is needed.)

EA Controller http://exceptionalfx.com/ea-controller/  $40 (Both the MA and the PF versions!)

FX Autotrader Elite http://www.fxautotraderelite.com/  $150   (see https://donnaforex.com/index.php?topic=12561.msg382517#msg382517)

DIY Trade Manager Plus http://diytrademanagerplus.com/  $40  (use with manual trades or in conjunction with the Controller as described in this thread)

Magic Wand http://exceptionalfx.com/magic-wand/ $40

With the Magic Wand EA you can place dynamic entry and exit points based on your own trendline analysis of the charts, and have the Magic Wand EA enter and manage the trade for you while you sleep or are otherwise occupied. You can also do all the analysis and place all the setups over the weekend if that is the only time you can devote to trading. See also https://donnaforex.com/index.php?topic=20042.msg382525#msg382525

(Free upgrades for the Autotrader and TM will be made available by mid-December)
Information and product page - http://www.diyforexskills.com/forex-tools/




Offline FLechdrop

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Re: EA Controller
« Reply #322 on: November 22, 2018, 11:02:03 AM »
Sounds like a good time to get the controller... No half price for the BB package?

By the way, if I click on 'EA controller only' it still costs $129.
« Last Edit: November 22, 2018, 11:06:37 AM by FLechdrop »

Offline taipan888

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Re: EA Controller
« Reply #323 on: November 22, 2018, 07:54:31 PM »
Half price sale

For a limited time you can now purchase the Controller and any of my four products for "half price".
(These prices will show when you reach the Order page. No Coupon code is needed.)

EA Controller http://exceptionalfx.com/ea-controller/  $40 (Both the MA and the PF versions!)

FX Autotrader Elite http://www.fxautotraderelite.com/  $150   (see https://donnaforex.com/index.php?topic=12561.msg382517#msg382517)

DIY Trade Manager Plus http://diytrademanagerplus.com/  $40  (use with manual trades or in conjunction with the Controller as described in this thread)

Magic Wand http://exceptionalfx.com/magic-wand/ $40

With the Magic Wand EA you can place dynamic entry and exit points based on your own trendline analysis of the charts, and have the Magic Wand EA enter and manage the trade for you while you sleep or are otherwise occupied. You can also do all the analysis and place all the setups over the weekend if that is the only time you can devote to trading. See also https://donnaforex.com/index.php?topic=20042.msg382525#msg382525

(Free upgrades for the Autotrader and TM will be made available by mid-December)

I watched your magic wand video, a very interesting EA! Can I change the setting after a trade is opened? For example, add a partial close  or change the exit condition for an open trade?

Online diyforexskills

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Re: EA Controller
« Reply #324 on: November 23, 2018, 02:42:17 AM »
Sounds like a good time to get the controller... No half price for the BB package?

By the way, if I click on 'EA controller only' it still costs $129.

The BB package is already heavily discounted for donnaforex forum members as per donna's message.

Sorry about the pricing. Now fixed for "EA Controller only". The other three are also OK.

Information and product page - http://www.diyforexskills.com/forex-tools/




Online diyforexskills

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Re: EA Controller
« Reply #325 on: November 23, 2018, 03:43:11 AM »
Half price sale

For a limited time you can now purchase the Controller and any of my four products for "half price".
(These prices will show when you reach the Order page. No Coupon code is needed.)

EA Controller http://exceptionalfx.com/ea-controller/  $40 (Both the MA and the PF versions!)

FX Autotrader Elite http://www.fxautotraderelite.com/  $150   (see https://donnaforex.com/index.php?topic=12561.msg382517#msg382517)

DIY Trade Manager Plus http://diytrademanagerplus.com/  $40  (use with manual trades or in conjunction with the Controller as described in this thread)

Magic Wand http://exceptionalfx.com/magic-wand/ $40

With the Magic Wand EA you can place dynamic entry and exit points based on your own trendline analysis of the charts, and have the Magic Wand EA enter and manage the trade for you while you sleep or are otherwise occupied. You can also do all the analysis and place all the setups over the weekend if that is the only time you can devote to trading. See also https://donnaforex.com/index.php?topic=20042.msg382525#msg382525

(Free upgrades for the Autotrader and TM will be made available by mid-December)

I watched your magic wand video, a very interesting EA! Can I change the setting after a trade is opened? For example, add a partial close  or change the exit condition for an open trade?

Yes, I just tried adding a 50% partial close at 5 pips after the trade had been triggered, and it did indeed close 50% at 5 pips. You can of course also move the named tp and sl trendlines around at any time.

I am mainly an auto trader myself but doing a bit of chart analysis from time to time and then having the Magic Wand enter and manage the trade setups I have identified is a nice sideline to my overall trading. Thanks for watching the video.
Information and product page - http://www.diyforexskills.com/forex-tools/




Offline taipan888

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Re: EA Controller
« Reply #326 on: November 23, 2018, 08:06:37 AM »
Half price sale

For a limited time you can now purchase the Controller and any of my four products for "half price".
(These prices will show when you reach the Order page. No Coupon code is needed.)

EA Controller http://exceptionalfx.com/ea-controller/  $40 (Both the MA and the PF versions!)

FX Autotrader Elite http://www.fxautotraderelite.com/  $150   (see https://donnaforex.com/index.php?topic=12561.msg382517#msg382517)

DIY Trade Manager Plus http://diytrademanagerplus.com/  $40  (use with manual trades or in conjunction with the Controller as described in this thread)

Magic Wand http://exceptionalfx.com/magic-wand/ $40

With the Magic Wand EA you can place dynamic entry and exit points based on your own trendline analysis of the charts, and have the Magic Wand EA enter and manage the trade for you while you sleep or are otherwise occupied. You can also do all the analysis and place all the setups over the weekend if that is the only time you can devote to trading. See also https://donnaforex.com/index.php?topic=20042.msg382525#msg382525

(Free upgrades for the Autotrader and TM will be made available by mid-December)

I watched your magic wand video, a very interesting EA! Can I change the setting after a trade is opened? For example, add a partial close  or change the exit condition for an open trade?

Yes, I just tried adding a 50% partial close at 5 pips after the trade had been triggered, and it did indeed close 50% at 5 pips. You can of course also move the named tp and sl trendlines around at any time.

I am mainly an auto trader myself but doing a bit of chart analysis from time to time and then having the Magic Wand enter and manage the trade setups I have identified is a nice sideline to my overall trading. Thanks for watching the video.

Thank you for your reply. Meanwhile I have purchased your Magic Wand :-) But, your confirmation email has not yet arrived. I assume it will come.

Online diyforexskills

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Re: EA Controller
« Reply #327 on: November 23, 2018, 08:32:57 AM »
Yes. Just working on it now.
Information and product page - http://www.diyforexskills.com/forex-tools/




Offline FLechdrop

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Re: EA Controller
« Reply #328 on: November 23, 2018, 11:45:23 AM »
Until when is the discount? I am not sure I have enough time to investigate what I want now. Hopefully more in the weekend.

Online diyforexskills

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Re: EA Controller
« Reply #329 on: November 23, 2018, 12:11:57 PM »
Till next Friday. Happy to answer any questions.
Information and product page - http://www.diyforexskills.com/forex-tools/




 

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