Basic Balanced System (Expert Advisor included)

[Oshaban]

Hi,

Update on my trades with the previous EA.

AUDUSD H1 - 53 pips : I should have taken the profit when it got over 110 pips. I've noticed the trailing stop in the EA seem not to be working. Can you programme the EA to take off fractional profits and continue until it finally closes
e.g Price at 120 pips, EA takes off 100 pips and continues with a SL there leaving a balance of 20 pips . . . . . . . . .
So finally AUDUSD H1 was 53 pips (should have done better)

Presently GBYJPY H1 (Previous Version) is currently on 103 pips and i also noticed the inbuilt trailing stop did not trigger so i had to manually set a trailing stop of 15points. I'm still waiting to see how it turns.

Presently EURUSD H1 (Previous Version) currently at 7 pips, stochastic heading close to 80.

Overall, one of the biggest challenge is self control and when to take the best pips before lossing more.

I already reviewed the codes about the trailing stop ... Everything seems ok.

Let me suggest the following to minimize the problems,

If you want to disable the trailing stop option, change TrStop to 0 otherwise, put any value like 15, 40, 80. Even if you 5 digits broker you still should use these numbers but not 150, 400, 800.

Please, Let me know what happened.

[Oshaban]

The system is very very very profitable. All what I need to do is more concentration on the programming of the code.
I know that there are some minor bugs that I should to solve like the Trailing stops and preventing the EA from openeing a new order after closed the last one because orders should open by our permission.

Hopefully, everything will be solved soon. I just need a few days of good mood to do this but be sure that I will do all my best and -Insha Allah- I will.

Best wishes,
O. Shaban

[stevebalmmer]

hallo,
I can store template neither nor open?
I do the template under alpari/template.
However, there I do not find them.
For what feels well template?
How many pips make everybody with this system?

[Oshaban]

hallo,
I can store template neither nor open?
I do the template under alpari/template.
However, there I do not find them.
For what feels well template?
How many pips make everybody with this system?

Dear steve,
I don't understand exactly what you ment, but I think you have had a problem about using templates!.

Anyway, use the template file with the extention .tpl, extract the file from the compressed one, if any.
Copy it in the templates folder, restart the MT4 platform, then click Cherts >>> Template >>> Load template >>> click the template name.

Not that, any indicator or expert advisor used by the template should be already copied at it proper directory.

You can profit (for my openion) from 100 pips a day in the worest day up to several hundreds. It is up to you, how much greedy you are?
Do you plan for daily profit? If you hit your daily profit will you close all trades and go, or you will wait for more pips and you will face the good and bad consequences

[stevebalmmer]

Here we go ...

The new code for the EA second version with the following changes,

- SMA100 is removed.
- Stochastic levels are 10 & 90

BBS_NF_10_90_v2.mql >>> NF stands for No Filter (SMA).
v2 >>> Second version of EA which waits to enter after the EMA cross. Less entries than first version

BBS_NF_10_90_v2.mq4

bbs_nf_10_90_v2.tpl

Wich ea is better? this new ea with nf?
or the ea with the sma Filter?
regards steve

[Oshaban]

Here we go ...

The new code for the EA second version with the following changes,

- SMA100 is removed.
- Stochastic levels are 10 & 90

BBS_NF_10_90_v2.mql >>> NF stands for No Filter (SMA).
v2 >>> Second version of EA which waits to enter after the EMA cross. Less entries than first version

BBS_NF_10_90_v2.mq4

bbs_nf_10_90_v2.tpl

Wich ea is better? this new ea with nf?
or the ea with the sma Filter?
regards steve

This is still under investigation !

[stevebalmmer]

Then we wait everybody for her results.

[odil_84]

sir,I downloaded the BBS_SMA_filter.mq4 but can't open it or use it.how use it?is it a program which should be installed or what?please,let me know about it.Thank you

[Oshaban]

hallo,
I can store template neither nor open?
I do the template under alpari/template.
However, there I do not find them.
For what feels well template?
How many pips make everybody with this system?

Hi Steve,
I'm sorry for the delay to reply, also for not being on skype few days ago.

I don't understand about sotring the template, but you have to extract it and store it in the template folder.
Template will bring all the used indicators and expert advisor and their settings exactly the same as you see in my charts. So, there is no need to do that manually for every chart.
Imagine you have 10 charts or more, How difficult and consuming of time it is !.
Also, the template ensures you that you do everything as it should be.

About the pips, please wait me to reply to all posts here and I will post one of this system fans at www.arabictrader.com He used the very old version of the EA I posted there since 2 years ago.
It is almost exactly the same as our first version posted here !.

[Oshaban]

Here we go ...

The new code for the EA second version with the following changes,

- SMA100 is removed.
- Stochastic levels are 10 & 90

BBS_NF_10_90_v2.mql >>> NF stands for No Filter (SMA).
v2 >>> Second version of EA which waits to enter after the EMA cross. Less entries than first version

BBS_NF_10_90_v2.mq4

bbs_nf_10_90_v2.tpl

Wich ea is better? this new ea with nf?
or the ea with the sma Filter?
regards steve

For the time being, and I think 95% is the first version is the best. Please refere to the results I will publish after few minutes.