DislikedHere is the robot filtering out the weak movements, and then grabbing the good one. Note the new Bullseye by Que.Ignored
winsteadglenn
hi! can you please post the robot?
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DislikedHere is the robot filtering out the weak movements, and then grabbing the good one. Note the new Bullseye by Que.Ignored
DislikedErez:
Barcode has posted the robot on page 165 / post # 2475.
Persistent uncertainties are: best currency pairs; best times to trade;
RSI Five levels 70/30 or 80/20, etc.
I dropped the money management, and am applying the same lot size to each pair. My current setup is 70/30 and trading all sessions. I take some hits during the Asian Market, but there is usually a compensating winner. I tried to add the Parabolic SAR as a filter, but it failed. Actually, I did not fail, I just tried ten thousand things that did not work (Edison).
Regards, GlennIgnored
DislikedErez: At the moment, my guess is that 75/25 is going to be ideal.
I think TS of about 20 is going to work. Since I am running so many pairs, I disabled the MM % in favor of fixed lots.
The European market seems best. The N.Y. market is good, but news announcements can be dangerous. My current favorite is the 30 min. window.
25 SL seems reasonable, but might be tight for the volatile yen pairs.
Now, for the good news: some guy has been working on this same concept for months. Same idea, except that he has optimized each pair for RSI period. Some are 4, 2, 3, 6, etc. He uses a 200 SMA filter to determine the dominant trend direction. He also uses adjustable parabolic SAR for an exit trigger. Apparently it works best on the daily chart. His bot looks back three days to see what is happening. A smart trader in Jakarta reports that it is killer-grande-mucho-buncho-excellente, quite possibly the best robot ever made. A monthly doubling is indeed possible, maybe likely. His program is free, but he is very touchy about spreading it around. He calls it Super RSI. I started running it a few hours ago. Since I wanted to be a hero, I hate that he is smarter than I, but such is life. Check with links on FxFisherman.com.
Regards, GlennIgnored
DislikedErez:
Join the yahoo group : http://finance.groups.yahoo.com/grou...nd_Indicators/
Find the RSI thread
Look for posts by members.
Ask someone to send it to you.
I was also unable to find it, so that is what I did. Remember to avoid posting the robot anywhere. As you saw on FxFisherman, he takes it as a personal attack. There will likely be a new version by this weekend, with new features. It is only worth, say, a hundred million dollars, give or take.
GlennIgnored