Did i already mention that this strategy is not only dangerous but also extremely boring?
Magic numbers question 12 replies
What does GMT shift and GMT shift Sun do in this indicator? 0 replies
magic is back! 11 replies
Magic Numbers for Mutiple EA 9 replies
DislikedHere is an idea I have been using on this in testing manually that seems to make it safer without cutting profit, in fact enhancing the profit.
The attachment is a series of slides with notes about what I am doing with an unusual trend line. Perhaps you could incorporate something like this into your EA. So it will trade the signal from the AC indicator if the Trend line is ok. The point here is this is not a normal trend line, because the trade is self is adjusted bar by bar. Take a look and see what you think. I have not really researched this...Ignored
DislikedScott, thanks for taking the time to post this. I have found many of your posts to be real 'gems'.
DanIgnored
DislikedI trade it forward only since a few weeks..., it just destroyed 3 weeks gains (~300 pips) in a few hours, just before the weekend ... This system is dangerous and i'm still trying to find ways to make it safer without keeping it from making profits!Ignored
DislikedWould you recommend trading it say from Tues London open to Friday London close? I know it may change testing results, but just thinking of potential profits, without the squeeze of impending weekend if presently in a negative position.Ignored
DislikedJust in case you guys were wondering if this could be profitable. This is just trading the unconventional Trend lines alone this week and not even using the AC method. I believe it would make an excellent ratchet.Ignored
DislikedQuestion to smjones:
If you look at the attachment where the green arrow points, I would say that the close would be on the reversal side of the trendline. The red arrow points to the previous low of the bar where the trendline would have went through. How come, as it seems, you didn't close or reverse the trade?
This is just one example. I see plenty more, but I suppose there is more to this strategy of adjusting the trendline.
Thanks.Ignored
DislikedDamn man bad timing huh? It seems like this system is just a coin toss to meIgnored
Disliked7bit,
why exactly did you chose AC as the basis for correlation search?
AC is kind of a smoothed 2nd difference that uses two SMAs...Ignored
double getHistoricDirection(int shift, int lag){ if (lag == 0){ return(0); } int sign = 1; if (lag < 0){ lag = -lag; sign = -1; } double o = iOpen(NULL, 0, shift + lag + 2); double c = iClose(NULL, 0, shift + lag - 2); return (sign * (c-o)); }
DislikedJust asking, what will you do when it starts to fail ? You found out it works with 61 because you have backtested it. But as soon as it becomes unprofitable it will be enough to lose some of your profits and, moreover, not to be able to find a new configuration becuase you don't have enough data for backtesting.Ignored
Dislikedplease , have you any indicator for "point's 61" on AC indicator.Thank's and sorry for my bad english...Ignored
DislikedI'm not sure if i understand the question correctly, but if you use the EA from Post #1 in this thread it will draw a vertical line exactly at that position. If you then additionaly attach the indicator to the chart you will see it.
PS: the shift 61 on h4 seems to have stopped working at the exact day i posted this thread here and the 192 on H1 is more or less break even. I'm still running them on the demo and record their profit curves but have stopped mirroring the trades on my live account.Ignored
Dislikedyes,it's ok , my broker have only mini - lot .....setup in EA was on micro lot... and EA now it's okIgnored