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Attachments: Lost Sock Evolution - Automated
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Lost Sock Evolution - Automated

  • #21
  • Jan 23, 2018 1:36pm Jan 23, 2018 1:36pm
Quoting iamsovereign
Really like the EA --- did some sh1t backtest to see what you are doing --
Yo Brothermang!

This is a Trade System, directionally based and with the attached indicators.

Running a Backtest to get an understanding of the logic, is actually a very good thing.

The system itself can be traded manually and should be timeframe scaleable, so anybody looking to hone their personal trading can definitely gain something from how this works when it takes triggers and how it finds exits.

I just don't like a thread cluttered with backtest data info as the accuracy of it is typically bullshit and meaningless.

Welcome aboard for another ride!!

Look forward to seeing what your testing provides!

\m/
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #22
  • Jan 25, 2018 1:16am Jan 25, 2018 1:16am
Hey Magix and everyone !!
At first thanks for all this! I´m testing now only since yesterday, but it seems to work well.

But,
is it possible, to put in an option for News, like in Mrdfx´s Simple Daily Trend Reversal?
https://www.forexfactory.com/showthread.php?t=713593

To avoid that the EA open Trades like 30 minutes before and after at least high impact news? see pictures from this night!


And also maybe a max Lot size ( i´m trying martingale version) so it will not open trades with higher lotsize then maybe 0.10 ?

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Thx i will also give you replies from the testing results!

mfg
  • #23
  • Jan 25, 2018 7:52am Jan 25, 2018 7:52am
Quoting berdsen
Hey Magix and everyone !! At first thanks for all this! I´m testing now only since yesterday, but it seems to work well. But, is it possible, to put in an option for News, like in Mrdfx´s Simple Daily Trend Reversal? https://www.forexfactory.com/showthread.php?t=713593 To avoid that the EA open Trades like 30 minutes before and after at least high impact news? see pictures from this night! And also maybe a max Lot size ( i´m trying martingale version) so it will not open trades with higher lotsize then maybe 0.10 ? Thx i will also give...
Hey Berdsen,

First off, Welcome to ForexFactory!

I have worked on versions that don't trade on news days and by trade times to try and keep most relevant.

The unfortunate part, is that aside from exceptional times, like the one for EURNZD that you posted, the only thing this did was actually limit the profitability for the trading.

Much as I was reluctant to even keep martingale adds as a part of the code, I did try to leave it in as original of version as the author has made - with exception of actual triggering and exit strategies.

I don't recommend anybody work with Martingales...cost averaging can already offer enough of its own share of risk. When moving to Martingale, the risk is even higher and the typical account size for these just isn't feasible for a lot of beginner or hobbyist traders. I did get my feet wet in originally working with Martingale Type adds, and have seen them double accounts up to $10,000 - Live - Documented but have seen the explode even more.

Even just looking at the parent version of this EA - Trading with Cost Averaging - Same Sized Lot adds, trading uninterrupted, it did manage to gain 100% on account before seeing it's first couple of losses...and even at these, they were on Non-Press Days.

What am I saying?

Basically - No...I have no intentions of adding these 2 requests - There's No point.
I've been down this exact road to know there aren't enough changes to these sorts of strategies that will allow them to be safe.

That being said, I have posted the Mql of the original version on the first post, free for the taking. Feel free to add, change, modify it as you see fit. Any changes to this, you should still give credit to its original author - Voldemar227.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #24
  • Jan 25, 2018 3:27pm Jan 25, 2018 3:27pm
Hi Magix,

thank you for this usefull EA.
I have the Problem, that in 2017 everything work's well but in 2018 no Trades will be performed, also in Backtest.
The Errorlogs show no malfunctions?

Maybe you have an Idea.

Greetz
Tactix
  • #25
  • Jan 25, 2018 4:13pm Jan 25, 2018 4:13pm
Quoting Tactix
Hi Magix, thank you for this usefull EA. I have the Problem, that in 2017 everything work's well but in 2018 no Trades will be performed, also in Backtest. The Errorlogs show no malfunctions? Maybe you have an Idea. Greetz Tactix
Is there a smiley face in the top right-hand corner or a sad face?

Might have to either update your terminal, change brokers or reinstall.

[/shrugs shoulders]

Hard to say...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #26
  • Jan 26, 2018 8:14pm Jan 26, 2018 8:14pm
Another week.

Meh....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #27
  • Jan 27, 2018 3:28am Jan 27, 2018 3:28am
@Magix Thanks for EA mq4 source code. This was your "start point" correct?
Can you summarize (in "code speak") when your edited EA takes trades?

EA open a short trade when TMA prints a down arrow (at top band) and the price is below a big EMA (so we are trending down) and vice versa?
(taking shorts in this example will stop if the down trend reaches a specific "exhausted level" (per MACD definition?!) so the EA doesn't short the bottom?)
  • #28
  • Jan 27, 2018 8:22am Jan 27, 2018 8:22am
Quoting Magix
{quote} Is there a smiley face in the top right-hand corner or a sad face? Might have to either update your terminal, change brokers or reinstall. [/shrugs shoulders] Hard to say...
Thank you for your Ideas.

I tested it a little bit more and find out, that on a different Timeframe (H1 instead of M15), it took only one trade in 2018 (in other Timeframes nothing happens).
In 2017 it tooks some trades every few Days (M15).
Maybe you can look again and test it on your own Platform (to avoid that i missed something :-)

Thanks
Tactix
  • #29
  • Jan 27, 2018 10:50am Jan 27, 2018 10:50am
Quoting Jagg
@Magix Thanks for EA mq4 source code. This was your "start point" correct? Can you summarize (in "code speak") when your edited EA takes trades? EA open a short trade when TMA prints a down arrow (at top band) and the price is below a big EMA (so we are trending down) and vice versa? (taking shorts in this example will stop if the down trend reaches a specific "exhausted level" (per MACD definition?!) so the EA doesn't short the bottom?)

Hey Jagg,

The essence of the logic is based on price in relation to Moving Averages.

Though I have applied a MACD to the template, this is for simple visual representation purposes.

MACD Above Zero -> Trend defined as Long
MACD Below Zero -> Trend defined as Short.

As for the TMA+CG indicator, it is used for price in relation to this, with the trend identification through Moving Averages and what the tendencies seem to be.

As price continues to Move Down, EA will look to continue following trend and short.
If the market goes to FLAT - EA will look to either Restrict Trading - if no current trades are in place or will look to cost average out and look for profit before Not Trading anymore.


TMA + CG is also applied to the daily chart for a First Look. If current price is above the Upper Band of TMA+CG, only Short positions will be considered based on Fast And Slow EMAs defining trend and obviously converse for oversold on the daily will only waiting for the EMAs define the trend as long and wait to trigger.

Now...if there are active trades and the trend shifts - By definition of the EA - we are in a totally new ball game!

Rather than Multiple Short a trend that went long, the idea of a Flattening Market that restricted initial trades will be enacted to cost average out and exit positions that are by the EA definition, currently trading against the trend.

Kind of long and convoluted, I know...but from my time spent in market, realize that there is no One Size Fit's All trade logic that can be automated, (Kinda). Taking a position and waiting for a profitable exit will almost always inevitably work, but given that I've always loved the fast frame M1 charts, really don't like thinking about forever holds for scratch or profit.

Does this make sense?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #30
  • Jan 27, 2018 11:02am Jan 27, 2018 11:02am
Just a little visual to compare to the previous explanation...

If you look at Cable, for the last 2 trading weeks, it has been above the CG+TMA band - Meaning, No Long Positions were taken.

Now, this has limited profitability by range of motion - Seen in a quick glance at the trade summary. 1.9% overall profit from Cable and actually, if you look at a daily shot of EURUSD and AUDUSD with the applied template, you will see that these too are OVERBOUGHT - meaning no long trades were taken.

GBPAUD and EURAUD have so far been the most profitable as they've been sideways market, lots of volatility and a lot of opportunities for Longs and Shorts in accordance with the EA logic.

Throwing it all together...

No longs in Overbought Daily.
No Shorts in Oversold Daily.
Profit from the immediate direction and sit out what doesn't make sense.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #31
  • Feb 7, 2018 5:45am Feb 7, 2018 5:45am
Hi there

Of course I had to put it on a 1 pip break Renko which is killing my PC at home but I'm interested to see what you did with this version (not to mention the fact I love your EAs).
I was trading several variation of Remon's idea, even bought his EA once but didn't have a large enough capital to trade it safely.
Anyways, first trade fired away (in loss but I'm not sure thisidea/design was ever meant to work on a Renko offline chart, we'll see.

Once some charts clear up, I'll set up my demo account for this and see what this baby can do.


Oh, and if you can allow for a customized UserComment, please? Another trade just fired up, 20 pips away from the first one, so I got two sells now
  • #32
  • Feb 7, 2018 7:19am Feb 7, 2018 7:19am
Quoting Reamasesa
Hi there Of course I had to put it on a 1 pip break Renko which is killing my PC at home but I'm interested to see what you did with this version (not to mention the fact I love your EAs). I was trading several variation of Remon's idea, even bought his EA once but didn't have a large enough capital to trade it safely. Anyways, first trade fired away (in loss but I'm not sure thisidea/design was ever meant to work on a Renko offline chart, we'll see. Once some charts clear up, I'll set up my demo account for this and see what this baby can...

Hey Dude, Good to see ya back!!

I been meaning to fire up some Renko 2pb to run this and a couple of other ideas, but would need to fire up another PC to make this happen...currently, I'm running on full capacity on everything I've got...

:|

Fire over some screen shots of the trades once you get a batch closed. Would like to see if there's anything that I can assess visually to maybe make this a little more Renko Compatible. Overall...as these are running on M1 charts, I'm not sure that there'd be a lot of difference, but really hard to say without having a little looksie.

Modifying the current version for the UserComment...prolly won't do that...

BUT!!!

After having compared the sticky situation that this one has gotten into over the last week, I think I have figured out a way to keep it a little better in trend while still observing Overbought and Oversold areas of the chart. Once I have it thrown together, will make the UserComment a User Variable.

Look forward to seeing what you get on the Renkos!!

\m/
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #33
  • Feb 7, 2018 5:02pm Feb 7, 2018 5:02pm
Quoting Magix
{quote} Hey Dude, Good to see ya back!! I been meaning to fire up some Renko 2pb to run this and a couple of other ideas, but would need to fire up another PC to make this happen...currently, I'm running on full capacity on everything I've got... :| Fire over some screen shots of the trades once you get a batch closed. Would like to see if there's anything that I can assess visually to maybe make this a little more Renko Compatible. Overall...as these are running on M1 charts, I'm not sure that there'd be a lot of difference, but really hard to...
Nice to be back on one of your trades

I don't understand the logic for the entries and the flat decision, DD isn't that huge in general but it is a bit big for a 1 Pip brick, same for M1, I guess.
Not sure how this version is different than the one Remon introduced in his thread and is selling, when I used it it was performing well until it got caught in a trend and blew up my account. Several times
If it was on my live account, I'm thinking about daily max profit, no need to stress it too much, me thinks.
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  • #34
  • Feb 7, 2018 8:10pm Feb 7, 2018 8:10pm
Quoting Reamasesa
{quote} Nice to be back on one of your trades I don't understand the logic for the entries and the flat decision, DD isn't that huge in general but it is a bit big for a 1 Pip brick, same for M1, I guess. Not sure how this version is different than the one Remon introduced in his thread and is selling, when I used it it was performing well until it got caught in a trend and blew up my account. Several times If it was on my live account, I'm thinking about daily max profit, no need to stress it too much, me thinks. {image} {image}...
The original for that fucking dipstick Remon was that there was no indication of trend or direction and the main feature of the logic by Voldemar verified this exact idea, tried by so many others, will BLOW UP more accounts that will allow grow.

The other thing proven...that Remon is a total fucking dipstick.



Code wise:
Buys and Sells original:
Inserted Code
    
[b]if((b==0)[/b] || (b>0 && (BuyMinPrice-Ask)>=BuyDist) || ((b>0 && (Ask-BuyMaxPrice)>=BuyDist) && TradeTrend==On))
[b]if((s==0) [/b]|| (s>0 && (Bid-SellMaxPrice)>=SellDist) || ((s>0 && (SellMinPrice-Bid)>=SellDist) && TradeTrend==On))

The highlighted portion...if b==0 and if s==0, will generate a buy and sell as soon as the EA is active on a live market. This moves under the assumption that inevitably, price will come back to a place where a gridded trade can profit and exit...this isn't entirely untrue as if it were, we would need to assume that it either bought the ABSOLUTE TOP or sold the ABSOLUTE BOTTOM of market and then went into an absolute reversal and this is in keeping with that fucking Dipstick's idea of market. With enough capital and a large enough grid size, it might actually work out...however...there are definitely better ways to play this out, ie. Choose current direction and wait for a primary trigger. What this does is to try to ensure that the EA only starts to buy when by logic, the market is a bull and only starts to sell when by logic, the market is a bear...

From there, it will continue to try and cost average out of the trades, AS LONG AS THE TREND IS STILL IN EFFECT.

This is the reason that you may see large gaps in play areas where trend may have changed - according to the logic.

BUT!!

After this, because we were long in a long market or short in a short market and the trend changed...

The logic is set to look for market weakness and start to cost average, even though the trend is currently against the open trades.

Again...

There are a couple of fixes that I have in mind for this logic and something that SHOULD keep it in better standings. Any changes here may limit profit, but may also decrease the size of account that it can be applied to...and ultimately scale in larger trades onto smaller accounts.

As it sits...

This EA, trading dimes, grosses about $250/week or 13% and so far, only required a Deposit of $2000. By the end of week 4, which is this week, we should have grossed $1000 in profit with a max DD of 52%ish...

Not Baaaaaaaaaaaaaaaaad!

But...

If we can do this with $1000 initial deposit...even better.

This kinda shit, I can keep racking up the small accounts and transfering over profits for safety...who knows when the Next Black Swan will hit?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #35
  • Feb 8, 2018 2:43pm Feb 8, 2018 2:43pm
This is, ideally, how the trades should come out looking.

Left to Right:
Short in a Short market, cost averaged out and no more shorting. (Red Circle)
Longs in a long market. (Green Box)
No Trades taken because of market weakness - (Neutral. Yellow Circle)
Back to a Bear Market, shorting! (Last Red Circle)


This is all in the span of 1 market day...

Theory is, if trend reverses, we will be able to cost average in the lowest losers and help to minimize risk while directionally profiting...Not being stuck Long in Overbought Territory or Short in Oversold.

Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #36
  • Feb 8, 2018 2:49pm Feb 8, 2018 2:49pm
In the case of EURJPY...

Red - Bear Market.
Yellow - Neutral - No Trades Taken
Red - Resume Bear Trend - Trade directionally.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #37
  • Feb 9, 2018 3:36pm Feb 9, 2018 3:36pm
Have some ideas that I've been working on this week that I will try to write into the code for the up and coming...

Trend Detection - Keeping on the good side of the trend and still away from buying tops and selling bottoms.
Trend Weakness Detection - Less Aggressive Strategy for cost averaging when trend changes.
Additional Closing Patterns - In Trend and Out of Trend.

We've seen the Evolution...

TIME FOR THE REVOLUTION!!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #38
  • Feb 9, 2018 4:13pm Feb 9, 2018 4:13pm
Quoting Magix
Have some ideas that I've been working on this week that I will try to write into the code for the up and coming... Trend Detection - Keeping on the good side of the trend and still away from buying tops and selling bottoms. Trend Weakness Detection - Less Aggressive Strategy for cost averaging when trend changes. Additional Closing Patterns - In Trend and Out of Trend. We've seen the Evolution... TIME FOR THE REVOLUTION!!

I have been forward testing the lost socks on the E/U with great success so far....... I will put the results up after I get a little more time on it.

I started the forward test on Jan 24 and up till today Feb-9 - its $533.00 in profit. this is with 0.1 lot setting. 2K account start size. 1.66% draw down.

Now I manually intervene on Fridays to stop the EA and try to do this when all trades are closed or I will close all trades hopefully with little loss. I then start the EA on Sun before the market open. Magix - Any suggestions on the manual intervention or how you like to run your EAs would be helpful.

Most all EAs I have tested have been a waste of time but I am a gadget kind of guy and will play around. I am very impressed with lost socks for it does some trick sh1t. I have figured out most of it but sometimes it surprises me with unexpected trading. Thanks for putting up some of the logic behind the EA for this is very help full for a virgin like me. I will post more on my forward testing later on. Thanks for a very quality EA Much Appreciated. Regards.
Live today like theres no tomorrow-- Prioritize like you will die today
  • #39
  • Feb 9, 2018 4:49pm Feb 9, 2018 4:49pm
A couple of things to add on...

Directionally speaking, I do choose "Only Long" or "Only Short", based on my own ideas of market...this helps the DD on closing all trades on Friday...(LIVE ACCOUNT)

Revolution should eliminate the need for this...SHOULD!

Thanks to all who remembered my birthday and for the well wishes - Truly Shocked at the emails!!

And, not sure if I punctuated this properly...so will say it again...

TIME FOR THE MOTHERFUCKING

REVOLUTION!!


\M/

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #40
  • Feb 9, 2018 5:10pm Feb 9, 2018 5:10pm
Well, I was going to start this post differently but Happy Birthday! May you live long and prosper in great health, I would have sang but no need to scare anyone away, eyh? )))


While sifting through the "My order' trades I just discovered several "Lost Sock" ones..... interesting. What are they for? How did they get lost? And who's going to tumble dry them off?
EA is in 14$ profit, DD was at one time 25$, still don't have a dedicated demo account for it and I switched to 5 Pip Brick size as the 1 Pip was killing my PC.

I was watching the trades and for the life of me, I can't understand the sitting out jumping in logic of things. Right now it's selling in what looks like a local bottom so I'm intrigued, of course


Thanks for this little toy.
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