Semi Automatic EA [Driven Manual]

1. Put the EA on 5 Min chart
2. Put the template and indicator on your daily chart

How to start and “drive” the EA
1. See the trend on daily chart just like the pic below,
2. When you see the trend down on daily chart, “Drive” the EA “Short only” on your 5 min chart, and vice versa
3. When you see the trend is changing on daily chart then you have to “drive” your EA on 5 min chart accordingly

The goal for this setting is less stress because you don’t trade news and not sit in front of your computer for a long time, just check it once a day.

English is not my default language.

Regards
Samurai Power

"Wish us all the good pips in the universe"

Attached Thumbnails 

KEEP REMEMBER THAT 95% TRADER FAIL, EMOTION PLAYS CRUSCIAL PART,EVEN THE BEST TRADING SYSTEM IN THE UNIVERSE WILL FAIL IF YOU CANT MANAGE EMOTION, PICK THE SIMPLEST TRADING SYSTEM FITS YOUR RYTHM AND MANAGE YOUR EMOTION THEN SUCCES IS IN YOU HAND.

DETTACH YOUR EMOTION, THINK IT AS A NUMBER NOT MONEY



Technical question


How do I adjust the EA for 4 digit or 5 digit broker platform?

Try this setting:

5 digit broker platform
SL : 3000 (means 300 pips)
TP : 500 (means 50 pips)
Pipstep : 400 (means 40 pips)

4 digit broker platform
SL : 300 (means 300 pips)
TP : 50 (means 50 pips)
Pipstep : 40 (means 40 pips)

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Why does the EA open many position?

pipstep setting
usually 20 open position at the same time is not normal, maybe u should check the setting for the pipstep.
lets me show u this,the default setting for pipstep is 40 pips, then when u open buy position and then the market goes against u for -40pips, then the ea will open another buy position, it will do the same thing when it touch -80pips and so on. so check your pipstep and adjust it to your broker platform, the default is for 5 digit broker platform.
so according to SL for 300 and pipstep is 40 then maximum open position at a time is 300 devide by 40 is 7 maximum open position at a time.


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Why does my EA is not working?

Perform this check

1. Have u set the EA to "Allow live trading"?
2. Activate the button "Expert Advisor" on the toolbar
3. Make sure there is a "smile icon" next to your EA on the right top of the chart
4. Adjust the setting according to your broker platform
5. Check the internet connection, since this EA needs a very good up time internet connection.


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Can I change the setting for SL, TP and Pipstep? SL is too big for me

Of course yes, as u feel comfort, the point is that I informed u about the major idea of "driving the EA". Just try your optimum setting fits your strategy.

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How do I backtesting this EA?

U have to drive the EA according to the major trend even its on backtest, just exactly when U foward test it. drive the EA each time u find a trend reversal in a spesific day.

Like I mention before, try to backtest it for 1 month on Aug 2008, becouse that month the market shows down move from start to end, drive the EA short only and u will see that.

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Non Technical question

What did U do when the major trend reverse?

It depends to the market,I usually look for the daily candle pattern as my other indicator, but when the market is about to change I close all the opening position of course. This is what I do when I noticed and assumed that the market is about to change:

1. Safe way, not trade when the market is in the midle of changing direction, and continue to ride the market when the trend is clear, this avoiding drawdown, just take 7 days trading in a month and you probably got 1000pips. Strongly recomended to use this way.

2. Unload the EA and put SL and TP lower (20 - 40 pips) on the opening position, or close all of the opening position even if its negative, and start to load the EA again according to the major trend when I see the major trend is clear.

3.Still trading when the market is about to change, I use this just to confirm when the market is about to changing, when I see the frofit for the day less than 100 pips or even negative (but often still profit but minimum) that means I have to Drive the EA accordingly. But I dont recomend this, I only use this way on the demo.

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How do u recognize a clear major trend?

Clear down trend
when the chart turns red and the arrow pointing down and the candle pattern confirm it ( I suggest U to learn candle pattern, I got this suggestion from Phillip Nell with his great 4H MACD strategy), thats where the high probability of the next daily candle move down. if one of this indis is not in the line it means that u have to becareful, or much better not to trade, trade 7 days a month is enough to have "maybe" arround 1000pips.
U can use your own indis as u feel comfort.

Clear up trend
vice versa

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Why do you use 300pips for the stoploss?

300 pips is to give space for the market retracment.

from what I know that it is still save as long as u still follow the daily trend, when it's negative dont worry becouse the market will recover it (as long as u follow the daily trend), its normal to have negative open position becouse this EA will open the position on retracment. Let me show u

Lets say the daily trend pointing to move down , but the price dont moves smoothly down right"?,it retrace (against the daily trend for temporary), when it retrace the EA will open position, it means that it will be negative for a while but soon the market will recover your position to positive becouse you follow the major trend.

So make sure that u follow a clear trend.

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If you see the trend is clear so why you have to use this EA?

My experience is that this EA can catch pips more than the market pip range , for example from January 1st Jan to January 7th the price move down for 500 pips, then this EA can catch more than 500 pips from the price retracement, just try this EA on back test for 1 month on Aug 2008 you will see that.

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What pair do you trade?

I used GBPUSD and EURUSD or you can try another pair, just look for the pair that shows a clear trend in daily chart.

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Regards,
Samurai Power

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Weekly Trend Trading Method

Pairs: Any

Time frame: Weekly/Daily

Tools:
1) rsi 8 set level to 50
2) macd (12,26,9) set level to 0
3) slope indicator set one at 15,3,0 and the other at 30,3,0
4) Ma colored indicator set to 50,0 or a 50sma set to close
5) Monthly pivot indicator
6) Trend lines
7) 2MA crossover indicator settings: 5ema close and 8ema open. cross up symbol 233 cross down symbol 234
8) Fractals indicator
Your weekly and daily charts should look like these:

Before we make an entry, we must get a valid signal. There are two valid signals. The first one is the conservative valid signal and the second one is the aggressive valid signal. We'll start with the conservative signal first.

Conservative Signal: 2MA cross indicator appears on the weekly or daily chart, both slope indicators must be the same color, the rsi is above/below the 50 line, and the macd signal bar is above/below the signal line. All these conditions must be met at the close of the weekly or daily candle.

Here's an example of a long conservative valid signal (red horizontal line).

Aggressive valid signal: 2MA crossover signal appears on the daily or weekly chart, the 15 slope indicator's color is different from the 30 slope indicator's color, the rsi is above/below the 50 line, and the macd bar is above/below, close to, or touching the signal line. These condition's must be met at the close of the daily or weekly candle.

Here's an example of a long aggressive valid signal(red horizontal line).

The first thing to do is pull up a weekly chart(s) and place trend lines in the direction of the trend. Now check the chart for a valid signal. If one is not present, then drop down to the daily chart to see if one has appeared. If a signal is not present there either, then go to another pair.

If you have a valid signal on a weekly chart, place a buy stop at the high of that candle.

Here's an example of a long conservative valid signal on this eurjpy weekly chart(red horizontal line).

Here's another example on this usdcad daily chart of a conservative valid entry. Notice that the candle marked with the yellow line is not a valid signal because the rsi is on the 50 line and not above it. The candle marked with the red line is the valid signal candle.

Now for the aggressive entries, the rules are a little different. Instead of taking the entry on the chart which gave you the signal, you will drop down to the next chart to take your entry. Entries will only be taken on the 4hr, daily, or weekly charts. For the next example, I will use the audusd daily chart for the aggressive valid signal, and the 4hr chart for the aggressive entry. On the daily chart, the candle marked with the red line is the aggressive signal, and the one with the yellow line is the conservative signal. On the 4hr chart, the first red arrow is the candle that closed and completed the daily candle which gave the aggressive signal. The second red arrow is the candle that closed and completed the daily candle that gave the conservative signal. Before an entry can be taken, make sure that the conservative valid signal is already in place on the 4hr chart. If it is, place a buy stop at the high of the last candle of the daily candle. In this example it would be the candle with the first red arrow above it.

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Volcanowma Scalping

how it looks ?:

what is the template ?:

- WMA 40 to 60 and 90 to 120

wich pairs trade with it ?

- All pairs, All TF, but I advice only EU and 1M TF because this is a scalping strategy and the spread is tight on this pair.

Trading hours ?

from Monday Tokyo open to Friday London Close.

How to trade it ?:

- watching 1min chart at the first or second zoom level wait for a trend developing, when all WMA's are agree together and have a good slope wait for an arrow. here is the only good way to avoid fake arrows

- *the best setup is when yellow wma are stretched and green/red are compressed*

How to enter ?:

- personally i look at my oanda's 5sec chart with the same template, and i enter when all wma are looking bullish or bearish (in agreement with my 1min chart of course...)

Stop Loss ?:

- most of the time i use the peaks and troughs concept (check attachment if you never heard about it) on my 5sec chart so sometimes it's really tight sometimes a little bit more wide. i avoid more than 20 pips, it's scalping...

How to exit ?:

- if you have some experience in trading you already know that i can't bring you this answer... personally i move my stop loss above my longs orders or below my shorts orders as soon as possible it avoids me to get stopped stupidly. (i use oanda, i don't know if everybody can do that with other platforms)

what's wrong with it ?:

- you need to know what you do this is not a blind system, it's a strategy with the help of a good indicator (at least for me).

why i share it ?:

- if nobody share some good stuff on the web we all stay very poor financially and mentally
- i would like that some people try it and give me some feedbacks.

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Firebird EA

[How it works Firebird ?]
(taken from EA code)
Firebird calculates a 10 day SMA and then shifts it up and down based on a percentage to form a channel.
For the calculation of this SMA either close (more trades) or H+L (safer trades) is used.
When the price breaks a band a postion in the opposite of the current trend is taken. If the position goes against us we simply open an extra position to average (pipstep function).
To avoid enter a trade while a strong trend is in place a divergence function is used that is calculated as difference between a Faster SMA (by default set to 23) and a Slower SMA (by default set to 84).

* Firebird v0.63g :
- Our loved EA This version it seems to be a pips machine , implement pipstep to average position and divergence to avoid strong trend.

* Firebird v1.0a :
- Based on Firebird v0.63g engine.
- Fixed bug that prevent to all JPY pairs to enter often a trade due to a calculation error on divergence function.
- Removed looping print about Account Equity on Expert tab.
- Deleted override settings if you use TF30 timeframe chart.

*Firebird v1.0c (modified by Wackena)
- Average daily range calculated automatically using ATR on past 21 days, there is no more need to setup manually StopLoss,TakeProfit and Pipstep, they are all calculated automatically.
- Added Money Management routine. If you want to manually set lot size, set UseMM=0(false)
- Added MaxOpenOrders routine to add control as to max number of open orders at one time per pair. If not wanted, set MaxOpenOrders=10.
- Added Trailing stop function

[Firebird Settings (based on Mono's settings)]
- Firebird_settings_v1.0.zip : Contains two versions of preset files that seems to works better :

1) Mono's fixed setting (Mono_settings_fixed_v1.0.zip): Fixed tp=30, sl=300, pipstep=30 for all pairs
2) Mono's variable setting (Mono_settings_variable_v1.0.zip) : different setting for each pair based on average daily range (in pips). Take profit (TP), Stop loss (LS) and PipStep are calculated with these formulas :
TP = Daily Avg Range*2/10 , SL = Daily Avg Range*2 , PipStep = Daily Avg Range/10


EUR/USD TP=22 SL=220 PIPSTEP=11 (Daily Avg Range = 110)
GBP/USD TP=30 SL=300 PIPSTEP=15 (Daily Avg Range = 150)
USD/CHF TP=25 SL=250 PIPSTEP=12 (Daily Avg Range = 125)
EUR/JPY TP=21 SL=210 PIPSTEP=10 (Daily Avg Range = 105)
USD/JPY TP=20 SL=200 PIPSTEP=10 (Daily Avg Range = 100)
USD/CAD TP=21 SL=210 PIPSTEP=10 (Daily Avg Range = 105)
AUD/USD TP=16 SL=160 PIPSTEP=8 (Daily Avg Range = 80)
EUR/CHF TP=10 SL=100 PIPSTEP=5 (Daily Avg Range = 50)
EUR/GBP TP=9 SL=90 PIPSTEP=5 (Daily Avg Range = 45)
AUD/JPY TP=15 SL=150 PIPSTEP=7 (Daily Avg Range = 75)

* Mono's chart time frame : M1 (1 minute chart)

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Forex Bible System

Installation instructions.

Extract all the files ending in .ex4 and .mq4 into programfiles/IBFX/experts/indicators folder.
(If IBFX is not your broker find your broker folder in Program Files.)
The template file ending in .tpl needs to go into programfiles/IBFX/templates folder.
That's in on the installation.

Trading rules...at least what works for me.
-1 trade a day each pair win or loss
-40 pip TP on each trade.
-SL, Signal in opposite direction.
-Wait for only valid signal as shown in the pic to up your win %
- Trade only EU and GU
-start trading at 6 am EST and wait till you find your trades. Usually with in 3 hours you're done.
- have discipline and keep to the strategy.

    
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Advise

Make Goals For Your Self.

• 20 pips or more a day is one of mine.

• Do not take more then 2 trades a day per pair.

• No more then 3% risk per trade. You can use a maximum of 5% but chose a level and always stick to it and never change it. NEVER!

These goals will keep you in line and make you successful.

What these kinds of goals can give you as a trader.

You can turn a standard $1000 account into $350,000 in 12 months if you can manage just 20 pips a day using 5% risk with this system.

You may ask how this is possible with losses and so forth.
Yeah, everybody has bad days trading and cant always make 20 pips but 20 pips a day 5 days a week is 100 pips right? Look at it like this...

example.

day 1. 30 pips
day2. 20 pips
day 3. -40
day4. 70 pips
day5. 20
total=100 pips

or.

day1. 20 pips
day2. 100
day3. 50
day4 -30
day5. -20
=total 120 pips

This is really all it takes to become a full time trader. This system can really do it. I've been using it for a year and not to brag...I've done very well for myself.

All I want is for you guys to stop losing your money and trade with this system. Study it, trade it and don't give up.

I'm a musician and have been sense 3 years old and now it's my career and I love it! Ever sense I started music as a career I was always constantly worried that I was never going to make money or I was going to lose my job all the sudden and have no income. Now sense trading with this system I can finally say that I have a good job if anything ever happens with my music. Trading could never replace my first passion but it's a great side venture and back up on the money side just in case.

It's not hard to make a lot of money in the forex it's just hard to hold onto it because of the greed and emotions that are invalved.

I want all of you to be successful in this and I feel that being honest with you is a good way for you guys to believe that you can actually make an income doing this and a big one at that if you practice and take the right steps.

I'm writing this because I won't be arround here for ever on FF and I've done what I set out to and that's to help others be successful in the forex.

Good luck to you all and I wish you success! - CubbyBGood

3.5.13 HH/LL

PLEASE READ ALL OF THIS POST BEFORE TRADING!!!!!!

System,
EMA's, 3,5 and 13
cci, 24 period fixed minimum of -350 and a maximum of 350
cci levels -90, 90

Sell entry on 5 minute.
break of the last lowest low. check next highest time frame which is 15 min to see if there is good spacing between the EMA's heading downward. If there is good spacing and EMA's are heading down then you have a great entry.

Tp and SL.
SL is 3 pips above the last highest high.
TP is half pip value of SL. Example, if SL is 30 pips then your TP is 15 pips for that given trade.

What is the lowest low?
It's when the current candle has at least 2 candles before and after that are higher then it itself. (Example is in pic.)



Buy entry on 15 minute.
break of the last highest high. check next highest time frame which is 1 hour to see if there is good spacing between the EMA's heading downward. I do not confirm trades on the 30 minute time frame. If there is good spacing and EMA's are heading down then you have a great entry.

Tp and SL.
SL is 3 pips above the last highest high.
TP is half pip value of SL. Example, if SL is 30 pips then your TP is 15 pips for that given trade.

What is the highest high?
It's when the current candle has at least 2 candles before and after that are lower then it itself. (Example is in pic.)

Risk?
Max, Only 5% per trade.

While trading, make sure when your TP is hit to only take out 70% of the initial trade. Leave the other 30% in till 3 and 5 ema cross the 13. This will allow you to let your profits run, which is a must in forex trading!

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Sample :-

Long Term Point and Figure Charts

Buy at one box above the starting point of the first box in a downtrend
Sell at one box below the starting point of the first box in an uptrend.
A trend is defined as 10 or more boxes in the same direction.
Stop loss is when you get a signal in the opposite direction. Alternatively stop loss could be placed near support or resistance on a candlestick chart
Use the system on EUR/USD

Example
Sell at the red horizontal line which is one box below the starting point of the first box in the current uptrend.


Take profit when you are satisfied with your profit. Don't be greedy.




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ALL Order Related Indicators, Scripts and EA Part 5

28) Close All OPEN orders after SET AccountLOSS EA
- To Close all OPEN trades when a Set amount of floating loss is Reached in Account and not per OPEN trade
- Should be used as an EA
- Info String added in Settings for info
- Should be used as an EA

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29) Close All OPEN Orders Specific Pair
- To close all open orders
- Of Specific pair on whose chart it is dropped/applied
Source: Modded myself from Script No 30

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30) Close All PENDING Orders Specific Pair
- To close all pending orders (stops, limits)
- Of Specific pair on whose chart it is dropped/applied

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31) Close Order MultiFunctional 2 EA
- To close all orders once Floating P/L hits Set $ amount
- To close all orders NOW
- To close only profitable trades (with Setting to close only those with entered $ amount profit)
- To Closes Pending orders only

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32) Open Simultaneous M.Orders DifferentPairs setLotSize MagicNo- RapidFire
- To open simultaneous market orders of Different pairs (10pairs in settings)
- Of same or different lot size, individual setting for each
- with Same Magin Number
- Buy=True, Sell=False, lots=0 means No trade for that pair
- Modded Extern Magic Number,More Pairs myself

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33) TimeEntry EA 1
- To open short or long or Both trades at specified Time (hour and minute based setting for both type of trades)
- With preset SL, TP
- With Slippage setting
- Magic number hard coded =0

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34) TimeEntry with T.Stop EA 2
- Slight mod of EA No 33 above
- with preset Trailing Stop feature for both trades with Trailing step

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ALL Order Related Indicators, Scripts and EA Part 4

22) Open MOrder Size w MagicNo
- To Open Instant Market order
- Of a Set Lot Size
- With a Set Magic Number

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23) Buy N Sell w SL TP MM
- To Open Either Market Order/Stop order/Limit order
- Of Set Lot Size
- With Pre order Pips based SL and TP
- With Set %ge based Money Management.

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24) Open MOrder 2Pairs Size SL TP MagicNo EA
- To open Market order of 2 pairs simultaneously
- Of set Lot size for each pair
- With Pre Order SL and TP in Pips for each pair
- With same Magic Number for both pairs for easy closing process
- Should be better used as an EA preferably

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25) Modify all OPENnPENDING orders to Same SL TP EA
- To modify SL and TP of all open and pending orders simultaneously to same levels
- SL and TP is pip based
- Should be used an EA preferably

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26) Modify all OPENnPENDING by SET BuyorSellType to Same SL TP EA
- To modify SL and TP of All Open and Pending orders simultaneously to same levels
- Option to Change either/both Buy Open and Pending orders(longs) and Sell Open and Pending orders(shorts) to set SL and TP
- SL and TP are level based
- Should be Used as an EA preferably

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27) Open Morder Multi LotTrader w variable TP SL EA
- To open three Market orders simultaneously of same lot size which have varying TP and SL settings
- By Set type...open either a Buy or Sell trade
- Some more Features, Check Source

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ALL Order Related Indicators, Scripts and EA Part 3

16) Close All OPEN orders after SET AccPROFIT EA
- To Close all OPEN trades when a Set amount of profit is Reached in Account and not per OPEN trade
- Should be used as an EA
- Info String added for its Use in Settings
Source : Some thread in FF... Not yet known

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17) Close OPEN Orders by SET Pair After SET AccPROFIT EA
- To Close all OPEN trades of a Set Pair when a Set amount of profit is Reached in Account and not per OPEN trade of that Pair
- Also Note This will not work if You are using Multi Pair Trades at one time..since It calculates SET Profit Value from Account and not Per pair!
So use it with One pair trades only!
- Should be used as an EA

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18) Close OPEN orders by SET Pair SET Account SET Time EA
- To Close All OPEN trades of a Set pair in settings, of a Set Account in settings , At a Set time in settings.
- Considers Slippage in its settings
- Shold be Used as an EA
Source : UnKnown

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19)OPEN Order Type Size MM w MagicNo EA
- To Open Either Market Order/Stop order/Limit order
- Of Set Lot Size
- With Set %ge based Money Management.To disable MM, set risk to 0.
- With Set magic number
- Should be used as an EA
NOTE:A Setting named lotincreasewhenlosing in it is Defunct! Leave it to 0

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20)OPEN Order Type Size w MagicNo EA (Stripped version of No 19)
- To Open Either Market Order/Stop order/Limit order
- Of Set Lot Size
- With Set magic number
- Should be used as an EA

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21) Set SL to BE
- To set Stoploss to Breakeven as soon as possible after a trade has been opened
- Should be Used as an EA
Source : Unknown

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ALL Order Related Indicators, Scripts and EA Part 2

 9) Close All PENDING SELL Orders
- To close all PENDING SELL orders when executed or dropped onto any chart in an account, as the name states.
- Modded Myself from Script No 6

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10) Close All OPEN and PENDING Orders
- To close all OPEN and PENDING orders when executed or dropped onto any chart in an account, as the name states.
Source: Unknown

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11) Close All OPEN and PENDING BUY Orders
- To close all OPEN and PENDING BUY orders only, when executed or dropped onto any chart in an account, as the name states.
- Modded Myself from Script No 10

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12) Close All OPEN and PENDING SELL Orders
- To close all OPEN and PENDING SELL orders only, when executed or dropped onto any chart in an account, as the name states.
- Modded Myself from Script No 10

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13) Close OPEN Orders - In PROFIT EA
- To Book Profits in Open Winning Trades
- Also Kind of TakeProfit to,OPEN Trades in Loss. In this case PT has to be a Negative Integer
- Should be used as an EA
- Modded Myself a bit for easy usage
Source : Unknown

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14) Close OPEN Orders - In LOSS EA
- To Limit losses in Losing Trades to an Amount in per OPEN trade
- Also Kind of StopLoss to,OPEN Trades in Profit. In this case LT has to be a Positive Integer
- Should be used as an EA
- Modded Myself a bit for easy usage
Source : Unknown

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15) Close All MULTIFUNCTIONAL
- Its a Multifunctional EA based on the option you select in its setting
They are-
0 Close all the orders (instant and pending orders) - this is the default option which mean if you run the script and didn't set any parameters all the orders (instant and pending) will be closed.
1 Close all instant orders; instant orders mean the orders that opened at the market price.
2 Close all pending orders.
3 Close by the magic number. You have to set the magic_number variable.
4 Close by comment. You have to set the comment_text variable.
5 Close orders (instant orders) in profit and leave the orders in loss.
6 Close orders (instant orders) in loss and leave the orders in profit.
7 Close not today orders and leave the orders that opened today.
The other two variables which you can set are:
magic_number: Set it if you'll use closing option 3 - closing by magic number.
comment_text : Set it if you'll use closing option 4 - closing by comment.
- Should be Used as an EA
- Modded myself to Add All thse options As Strings in Settings for Easy Usage
NOTE : Usage seems to be Bit Glichy. Don't know why!

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