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DislikedAnd I understand about people stealing code/ideas and doin the ebay thing...as far as hiding the source...I was just wondering because of the expiration date? I obviously have offended people and I am sorry but there have been many good looking systems whose authors started out just to help people then after a few months there became a subscription.
I shouldn't have bought it up again please take no offense.
JimIgnored
DislikedI don't think anyone is really offended Jimbo ... we're just having fun with you.
As far as I know the SSS team (Getdown71 and xux99) are one of the good guys ...
JimIgnored
DislikedUp just about 1% on the day for the 5 pairs I picked. +27.29 closed with +5.73 still running. on a 3k mini demo at IBFX.
Drawdown and margin have been negligible.
Would it be possible to run live with as little as $500?
Thanks for your hard work!
JimIgnored
I used richie456's data and put it in OpenOffice Calc (spreadsheet). I then reordered the trades by elapsed time. What I found was that trades that were open over 12 hours contributed just over 1% of the closed profit. In other words, the final gain was very small, and in my opinion the risk of having trades like these open so long was not warranted given the very small gain.
What I am doing in my test with the latest set files is to have trades expire at 720 minutes (12 hours). I am also having it ignore all but the "high" impact news, after discussion on the Scooby BOJ thread about the inaccuracies in the FF news calendar.
The potential downside to the 12 hour-cut off is that perhaps some of these slow-burning trades, if left a long time, can be closed out for a small loss or a moderate gain, whereas closing them at 12 hours could mean closing them while they are in larger loss. My opinion on this is that it affects a small number of trades and the arbitrary nature of the time cut off means that there will be some higher-than-should-have-been losses, and some that will be lower than they otherwise would have been. In addition to this, closing trades at 1/2 day means that they are not just going to keep dragging on through all kinds of news cycles which incur risk.
I will post an online link at some point to my results, but I am in the process of moving from one State to another, so that will have to wait. I will report back general results though.
DislikedI was interested to see if it may be worth cutting off trades that are going on "too" long. After all, the M30 sets essentially are intraday trades and I would think it is not worth keeping them running for excessive amounts of time for the following reasons:
[list][*]If it is taking a long time to reach a profit target, then it is increasingly unlikely to do so. If it does, then this is more likely to have been the result of some lucky move of the market in its favor, rather than the result of a good entry.[*]The longer a trade is open,...Ignored
DislikedSSS 1.04 on jade demo without 720 min restriction
http://richie456.mt4live.com
SSS 1.04 on jade demo WITH 720 min restriction
http://richie456test2.MT4Live.com
both were started at the exact same time with the standard default settings in post 1 ( with the exception of the 720 close of course)
hope this helps you guys- i really like this EAIgnored
DislikedA big thank you to getdown71 and xux99, and all the others who contributed to this EA!
It is great to see both original settings and variations published at MT4i - so we can compare and learn.
My test is at: http://www.mt4i.com/users/sss_cr1
I am building on the very successful approach by Taz. He used v101 and without any time restrictions.
My test is SSS v103 on M30, orig set files but no time restrictions, AUDUSD with EURUSD settings, GBPUSD M5/M30 with Wilko settings, no...Ignored