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  • #1
  • First Post: Edited Nov 29, 2010 10:26am Sep 7, 2009 4:51pm | Edited Nov 29, 2010 10:26am
for the purpose of proving/disproving/improving a particular ea..... this is running in a small but live account..... these are small but real trades..... forward testing ..... soon to be on perhaps seven pairs, nine tops.....

should note , currently as of 9/7/09, both the audusd and nzdusd appear triggered early..... both those charts are posted first.....

......h
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audusd.gif Size: 49 KB
Click to Enlarge Name: nzdusd.gif Size: 47 KB
to trade and code, keep both simple... no call to impress....h
  • #2
  • Sep 7, 2009 4:54pm Sep 7, 2009 4:54pm
now that the loosers hve been posted first...... here are a couple others along with the account graph and stats......h
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 9 7.jpg Size: 85 KB
Click to Enlarge Name: gbpjpy.gif Size: 68 KB
Click to Enlarge Name: gbpusd.gif Size: 50 KB
Click to Enlarge Name: itron 4.jpg Size: 288 KB
Click to Enlarge Name: texgbpusd.gif Size: 75 KB
Click to Enlarge Name: texusdcad.gif Size: 65 KB
to trade and code, keep both simple... no call to impress....h
  • #3
  • Sep 7, 2009 5:04pm Sep 7, 2009 5:04pm
forward testing....h

note, some aspects of the ea can best be seen in backtesting due to the fact those conditions rarely exist.... those photos, if any, will have the term "backtesting" clearly across the image.....h
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 66 KB
Click to Enlarge Name: texusdcad update2.gif Size: 63 KB
to trade and code, keep both simple... no call to impress....h
  • #4
  • Sep 7, 2009 7:25pm Sep 7, 2009 7:25pm
the ea is controllable from a distance.... such as, if the ea is running on your home computer in atlanta georgia and your vacationing in peace river alberta, nice thought, if you can log in to metatrader in peace river you can control most all the standard functions on the ea running in atlanta..... and not using remote desktop...... only metatrader itself.....

you can adjust profit targets, stoploss, trailing stops, pairs or hours to trade and the like..... or shut down all trading.......

//-----
//-----

the ea employs several manners of managing the hopefull profit..... of course one is the standard trailing stop......

but when dealing with hundreds of orders on perhaps 7 different pairs things can get hosed up quick.....

so you have the ability to lump all eurusd orders into a group, managing the total..... or lump all the usd crosses together, reason should be obvious..... now as the hopeful profit rises you can trail the group.... so when the total profit falls to your set %, it can close all those trades....

a backtested example is shown below here.....

this might of course force you into a few loosers as intentionaly shown.... the profit fell below a certain precentage and the ea closed all....

//---

you might also note some orders are deleted as time goes on..... if another signal comes along the ea will delete all unfilled and adjust the orders to the new conditions..... if you so desire.....

the ea can place many orders at a time or place them on an as needed basis..... the as needed basis is by far best..... just stay a couple ahead of current market......

ignore the graphics.........h
Attached Image (click to enlarge)
Click to Enlarge Name: closing.gif Size: 50 KB
to trade and code, keep both simple... no call to impress....h
  • #5
  • Edited Jan 30, 2010 2:14am Jan 29, 2010 11:16pm | Edited Jan 30, 2010 2:14am
when ibfx again allowed hedging last december, retesting this ea immediately came to mind..... so i cranked it up again at the first of this year, slightly rewitten to accommodate hedging....

this is not meant to promote, debunk or debate hedging....

//------

if your trading renko blocks, in a very real sense you are grid trading....

basic grids have some inherent flaws, at least in my mind...... first is the wasteful shotgun manner in which stop and limit orders are placed.... second is the inability to renter trades inbetween closed trades...... third are those dreaded final trades placed at the tops and bottoms...... fourth is the virtually nonexistant spread protection, limit and stop orders are sitting ducks....


if we rewrite the ea to place trades on demand, as needed, we will not the limits and stops.... or at the most a single stop and limit order one step from the highest and lowest open trade so far...... this is far more efficient due to no trade placed till one is needed, along with giving us the flexibility to renter and spread protection....

january is now a done deal, inclosed are the results.... this is a real account forward testing.... smallest lots used......h
Attached Image(s) (click to enlarge)
Click to Enlarge Name: trades.gif Size: 44 KB
Click to Enlarge Name: january.jpg Size: 172 KB
to trade and code, keep both simple... no call to impress....h
  • #6
  • Jan 29, 2010 11:55pm Jan 29, 2010 11:55pm
if we are selling the daily downtrend there will always be the small counter moves.... some 15 minutes, some 30 , some longer.... if we ignore the smaller moves and only hedge the larger ones there is a higher likelyhood of multiple hedged orders hitting their target before the counter move ends...

just guaging the average range of the period can give you an idea of whether the countertrend is worthwhile.... if the 4hour average range is 60 pips, that's playable..... if the 15 minute average range is 10 pips, it's almost impossible.....

the reason being the last order will almost always be a looser..... that loss is covered, -spread, by it's companion sell but it's a loss nonetheless..... so you really need the potiential of 3 or 4 minimum winning hedged orders to make them practical..... this means you need roughly a minimum 60 pip counter move..... you can avoid that last looser by being realistic with your numbers.....

it will decrease your win precentage slightly...... you can see in the prior post statement there was a run of 381 wins in a row with average being 45..... maximum consecutive losses was 4.....

average true range needs to be watched carefully...... in the picture with the orders below, the green 'buys' are the countertrend hedge orders against the daily trend.... their numbers are limited by the atr....h
Attached Image(s) (click to enlarge)
Click to Enlarge Name: hedge works 2.jpg Size: 275 KB
Click to Enlarge Name: eurusd.gif Size: 48 KB
to trade and code, keep both simple... no call to impress....h
  • #7
  • Jan 30, 2010 12:14am Jan 30, 2010 12:14am
there is a scene from a favorite western that is almost daily in my mind.....

a trailboss diving a herd north needed a few more cowhands.... so he sends a hand into town to see if anyone was interested.... a few of the local toughs ride out to join up.... when the trailboss told them he was paying a buck a day, one of'em said that ain't enough and openly put his hand on his gun......
the trailboss calmly said, 'don't let your mouth overload your hardware, cowboy'.....

//---
and therein lies my conumdrum .... at what point have i let my trading overload my account..... how many pairs do we really need to trade..... what size lot is correct..... when is enough enough.....

one thing for sure, trading the smallest lot size, 0.01 in an ibfx mini account shouldn't be too awful brazen..... but possibly trying to trade a dozen pairs might be a slight overkill..... maybe a buck a day ain't so bad......h
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpjpy.jpg Size: 203 KB
Click to Enlarge Name: usdchf.gif Size: 58 KB
to trade and code, keep both simple... no call to impress....h
  • #8
  • Feb 6, 2010 10:40pm Feb 6, 2010 10:40pm
kinda got whacked around this week....

first was on the wrong side of the jpy pairs move , that's life.....

second and more serious, some yet unkown error twice caused 20+ identical trades at 1 time within a few pips........ there is a limit of 31 trades per pair, once hit no more trades were placed..... it should have taken a 1200 pip move before all 31 orders were placed.... this left both pairs effectively dead in the water.....

there still is a -100 open, mainly due to those 'error' orders.... that error must be found along with employing additional safeguards...

statement is from 1/1/2010..... real trades in an ibfx mini.... 0.01 lots have been used but some pairs will move to 0.02 next week now that 2k has been passed......h
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2 5 statement.jpg Size: 168 KB
Click to Enlarge Name: eurch error.jpg Size: 301 KB
to trade and code, keep both simple... no call to impress....h
  • #9
  • Feb 6, 2010 11:12pm Feb 6, 2010 11:12pm
there is nothing like experience to spot inexperience...... as mentioned before, excel is not my forte...... that must have been painfully obvious to those experienced with it.....


at first i was exporting thousands of trades to excel and then clumsily doing the work in excel to create the graphs and such..... talk about shooting myself in the foot.....

the ea already does virtually every conciveable sort of calculation for me to begin with..... so much in that fact it must be broken down into 12 pages of different graphics...... so all is needed is to export the final talleys , such as page 6 and page 7, and let excel make the charts......h
Attached Image(s) (click to enlarge)
Click to Enlarge Name: page 6 risk.gif Size: 27 KB
Click to Enlarge Name: feb 5 page 7.gif Size: 29 KB
Click to Enlarge Name: excel.jpg Size: 121 KB
to trade and code, keep both simple... no call to impress....h
  • #10
  • Feb 6, 2010 11:31pm Feb 6, 2010 11:31pm
this is an example of the mq4 filewrite....h

Inserted Code
 
int start()
  {
//----
 
 
  if(ExportToExcel && !Written)   {WriteReport("Febuary"); Written = true;}
 
//-----
 
         // rest of ea
 
//----
 
 
   return(0);
  }
//+-----------
 
void WriteReport(string report)
  {
   int handle=FileOpen(report+dataFile,FILE_CSV|FILE_WRITE|FILE_READ,','); 
   FileSeek(handle,0,SEEK_END);
//----
   FileWrite(handle,"Profit");
   FileWrite(handle,"EURUSDm",TotalProfitforMonth("EURUSDm"));
   FileWrite(handle,"USDJPYm",TotalProfitforMonth("USDJPYm"));
   FileWrite(handle,"GBPUSDm",TotalProfitforMonth("GBPUSDm"));
   FileWrite(handle,"USDCHFm",TotalProfitforMonth("USDCHFm"));
   FileWrite(handle,"EURCHFm",TotalProfitforMonth("EURCHFm"));
   FileWrite(handle,"AUDUSDm",TotalProfitforMonth("AUDUSDm"));
   FileWrite(handle,"USDCADm",TotalProfitforMonth("USDCADm"));
   FileWrite(handle,"NZDUSDm",TotalProfitforMonth("NZDUSDm"));
   FileWrite(handle,"EURGBPm",TotalProfitforMonth("EURGBPm"));
   FileWrite(handle,"EURJPYm",TotalProfitforMonth("EURJPYm"));
   FileWrite(handle,"GBPJPYm",TotalProfitforMonth("GBPJPYm"));
   FileWrite(handle,"CHFJPYm",TotalProfitforMonth("CHFJPYm"));
   FileWrite(handle,"GBPCHFm",TotalProfitforMonth("GBPCHFm"));
   FileWrite(handle,"EURAUDm",TotalProfitforMonth("EURAUDm"));
   FileWrite(handle,"EURCADm",TotalProfitforMonth("EURCADm"));
   FileWrite(handle,"AUDCADm",TotalProfitforMonth("AUDCADm"));
   FileWrite(handle,"AUDJPYm",TotalProfitforMonth("AUDJPYm"));
   FileWrite(handle,"NZDJPYm",TotalProfitforMonth("NZDJPYm"));
   FileWrite(handle,"AUDNZDm",TotalProfitforMonth("AUDNZDm"));
   FileWrite(handle,"AUDCHFm",TotalProfitforMonth("AUDCHFm"));
   FileWrite(handle,"Orders");
   FileWrite(handle,"EURUSDm",TotalClosed("EURUSDm"));
   FileWrite(handle,"USDJPYm",TotalClosed("USDJPYm"));
   FileWrite(handle,"GBPUSDm",TotalClosed("GBPUSDm"));
   FileWrite(handle,"USDCHFm",TotalClosed("USDCHFm"));
   FileWrite(handle,"EURCHFm",TotalClosed("EURCHFm"));
   FileWrite(handle,"AUDUSDm",TotalClosed("AUDUSDm"));
   FileWrite(handle,"USDCADm",TotalClosed("USDCADm"));
   FileWrite(handle,"NZDUSDm",TotalClosed("NZDUSDm"));
   FileWrite(handle,"EURGBPm",TotalClosed("EURGBPm"));
   FileWrite(handle,"EURJPYm",TotalClosed("EURJPYm"));
   FileWrite(handle,"GBPJPYm",TotalClosed("GBPJPYm"));
   FileWrite(handle,"CHFJPYm",TotalClosed("CHFJPYm"));
   FileWrite(handle,"GBPCHFm",TotalClosed("GBPCHFm"));
   FileWrite(handle,"EURAUDm",TotalClosed("EURAUDm"));
   FileWrite(handle,"EURCADm",TotalClosed("EURCADm"));
   FileWrite(handle,"AUDCADm",TotalClosed("AUDCADm"));
   FileWrite(handle,"AUDJPYm",TotalClosed("AUDJPYm"));
   FileWrite(handle,"NZDJPYm",TotalClosed("NZDJPYm"));
   FileWrite(handle,"AUDNZDm",TotalClosed("AUDNZDm"));
   FileWrite(handle,"AUDCHFm",TotalClosed("AUDCHFm"));
 
//RiskPerPair
   FileWrite(handle,"Orders");
   FileWrite(handle,"EURUSDm",RiskPerPair("EURUSDm"));
   FileWrite(handle,"USDJPYm",RiskPerPair("USDJPYm"));
   FileWrite(handle,"GBPUSDm",RiskPerPair("GBPUSDm"));
   FileWrite(handle,"USDCHFm",RiskPerPair("USDCHFm"));
   FileWrite(handle,"EURCHFm",RiskPerPair("EURCHFm"));
   FileWrite(handle,"AUDUSDm",RiskPerPair("AUDUSDm"));
   FileWrite(handle,"USDCADm",RiskPerPair("USDCADm"));
   FileWrite(handle,"NZDUSDm",RiskPerPair("NZDUSDm"));
   FileWrite(handle,"EURGBPm",RiskPerPair("EURGBPm"));
   FileWrite(handle,"EURJPYm",RiskPerPair("EURJPYm"));
   FileWrite(handle,"GBPJPYm",RiskPerPair("GBPJPYm"));
   FileWrite(handle,"CHFJPYm",RiskPerPair("CHFJPYm"));
   FileWrite(handle,"GBPCHFm",RiskPerPair("GBPCHFm"));
   FileWrite(handle,"EURAUDm",RiskPerPair("EURAUDm"));
   FileWrite(handle,"EURCADm",RiskPerPair("EURCADm"));
   FileWrite(handle,"AUDCADm",RiskPerPair("AUDCADm"));
   FileWrite(handle,"AUDJPYm",RiskPerPair("AUDJPYm"));
   FileWrite(handle,"NZDJPYm",RiskPerPair("NZDJPYm"));
   FileWrite(handle,"AUDNZDm",RiskPerPair("AUDNZDm"));
   FileWrite(handle,"AUDCHFm",RiskPerPair("AUDCHFm"));
 
 FileFlush(handle);
 
//----
   FileClose(handle);
  }
//+-----------------------------------
to trade and code, keep both simple... no call to impress....h
  • #11
  • Jun 14, 2010 9:42am Jun 14, 2010 9:42am
jlr....h
Attached Image (click to enlarge)
Click to Enlarge Name: jlr.jpg Size: 172 KB
to trade and code, keep both simple... no call to impress....h
  • #12
  • Jun 14, 2010 9:55am Jun 14, 2010 9:55am
mack..... amy's pivots expanded....

you'll want to choose layout 1 and input any pair desired......

there are about 20 layouts....

layout 99 will list them all....h
Attached Image (click to enlarge)
Click to Enlarge Name: amy.jpg Size: 167 KB
to trade and code, keep both simple... no call to impress....h
  • #13
  • Jun 16, 2010 8:54pm Jun 16, 2010 8:54pm
new ea started tonite.... both ibfx demo and ibfx live....h


ibfx 5 digit demo

account number 2654329

password nd8kyxm


//-----
Attached Image (click to enlarge)
Click to Enlarge Name: zigzag.gif Size: 21 KB
to trade and code, keep both simple... no call to impress....h
  • #14
  • Nov 29, 2010 2:33pm Nov 29, 2010 2:33pm
dang, it's raining cats, dogs and euro's today....... deer ain't movin and not sure i feel like gittin wet if they were.....

//---
//---

several pairs just got the wedgie this morning..... still can't seem to get a good balance on the amount of pips to protect...... when the market makes dives like today so many trades hit the board that it magnifys the pip cost so even small retraces will take them out..... eurusd, eurcad, erujpy, audusd, eurnzd, gbpaud, gbpjby and more...... all were taken out by the pips protection code.......

currently, as of 10/1/10, there have been 10,007 pips closed on the eurusd..... that might sound like alot, but is it really..... one thing the ea does is keep track of several 'what ifs'.... as example, what if all the eurusd trades were still open..... what would be the total pips + or -..... +160,138.......

the orders are not with equal lots so those pips are lot weighted..... as example, if 3 trades, 0.5 ,0.2 and 0.1 lots, each close at 100 pips, the .5 lot has 500 pips, the .2 lots has 200 pips and 0.1 has 100 pips.......

ploting the trades on the chart shows just how small the retraces can be.... various factors prevent reentering the trades so that protection code must be overhauled......

the ea has potential, the protection is shooting it in the foot.......h
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 11 29 059.jpg Size: 182 KB
Click to Enlarge Name: 1138.jpg Size: 210 KB
Click to Enlarge Name: eurusd 4.jpg Size: 150 KB
Click to Enlarge Name: eurusd.jpg Size: 157 KB
Click to Enlarge Name: potential.jpg Size: 206 KB
to trade and code, keep both simple... no call to impress....h
  • #15
  • Last Post: Dec 7, 2010 9:52pm Dec 7, 2010 9:52pm
hey iamfx..... we can't pm attachments so will post here..... odds are these nzdusd trades will close before i finish this...... once a certain number of pips are made, the trades will be protected..... on a small retrace, all close......


to keep me from biting off more than i can chew, the ea calculates a worst case scenario..... so if the worse case is a - 500 pips, the lot size is set accordingly...... the trades go in stages..... the account balance is divided equally between all 25 pairs..... no pair can draw more than it's alloted margin.......


//----

the idea is to wait..... that's the hard part..... some pairs will be big producers and some minimal....


there are quite a few around that have a good eye for opportunitys.....
shahab8b might be the best at evaluating charts...... scroll thru his attachments folder...... and amy downunder seems to have a handle on pivots and such...... you'll quickly see just by looking at their attachments......

//----
//----

it helps me to plot every trade on the chart..... can't think of a better way of shining a light on areas in need of improvement....... we forget so quickly otherwise......

i also break down every trade and pair in every metric imaginable...... pips, dollars, risk, lots, length , max margin and many more.....

and there is never any doubt as to whether the trades are with or against my definition of trend..... it's clearly visable..... lot size and targets are adjusted with respect to with or against.....

trading with the trend or against the trend at extremes seems to work the best.....



be sure to look at amy's and shah's attachments......

//----

looks like it's going to be a wild night....... will post more charts if possible......h
Attached Image(s) (click to enlarge)
Click to Enlarge Name: nzdusd.jpg Size: 162 KB
Click to Enlarge Name: trend.jpg Size: 223 KB
Click to Enlarge Name: eurusd.jpg Size: 157 KB
Click to Enlarge Name: worse case.jpg Size: 189 KB
to trade and code, keep both simple... no call to impress....h
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