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Simple H1 GBPUSD EA

  • #1,621
  • May 5, 2010 2:12am May 5, 2010 2:12am
Quoting Haishang
Geoff,

I still probably did not get the difference in entry criteria from V5 to V7.

I thought you just add ema 197 to ema 10 and define as additional entry criteria the accordance of those 2, but you chose somehow the time to GMT offset 2. Why that?

Sorry for my dumb questions!!!

in v5a you had GMT offset 0 and start time 1?
Now in V7 you have GMT offset 2 and start time 23.....

why that change?
  • #1,622
  • May 5, 2010 2:13am May 5, 2010 2:13am
Quoting Haishang
Geoff,

I still probably did not get the difference in entry criteria from V5 to V7.

I thought you just add ema 197 to ema 10 and define as additional entry criteria the accordance of those 2, but you chose somehow the time to GMT offset 2. Why that?

Sorry for my dumb questions!!!
You are correct, I only added the 197 SMA, I screwed up on the GMT offset for forex.com but I did post a new report with the correct offset a little later!
  • #1,623
  • May 5, 2010 2:13am May 5, 2010 2:13am
Quoting Haishang
Are you on v7?
No Im on ver5a. But I will try to optimize second SMA on ver7. I will see if its possible to have good result 2008.

I think its best to optimize with a brooker which has same starttime all year.

Tonight the little pricedifference on 5 min chart makes the fractaldifference.

Maybee we have lesser difference between brookers if we not use fractals?

Elovv
  • #1,624
  • May 5, 2010 2:19am May 5, 2010 2:19am
Quoting Elovv
No Im on ver5a. But I will try to optimize second SMA on ver7. I will see if its possible to have good result 2008.

I think its best to optimize with a brooker which has same starttime all year.

Tonight the little pricedifference on 5 min chart makes the fractaldifference.

Maybee we have lesser difference between brookers if we not use fractals?

Elovv
I so much agree with the start time. It is a pain with summertime. On the other hand, please allow me to ask you something more fundamental:
How much do you think backtesting into 2008 proofs constructive? Don't misunderstand please, but I think that it all does not help if markets change completely which might happen sooner than we think. My fear is, that all this improvement work is then past sell date....sorry, don't want to be destructive here but at some point stats are stats and trading is trading....no?
  • #1,625
  • May 5, 2010 2:21am May 5, 2010 2:21am
Just as an experiment I removed the M15 fractal test to compare the results with and without:

12months, 1st number without M15 fractal, 2nd number with M15 fractal.

Profit - 3889 - 4271
Trades - 250 - 192
Win/loss - 95.20% - 98.96%
DD - 9.83% - 9.68%

With the M15 fractal we get fewer trades and less drawdown but higher profit!
  • #1,626
  • May 5, 2010 2:25am May 5, 2010 2:25am
Quoting Elovv
No Im on ver5a. But I will try to optimize second SMA on ver7. I will see if its possible to have good result 2008.

I think its best to optimize with a brooker which has same starttime all year.

Tonight the little pricedifference on 5 min chart makes the fractaldifference.

Maybee we have lesser difference between brookers if we not use fractals?

Elovv
It is the use of fractals that made this EA what it is, before I introduced fractals the results were little better than a coin-toss!
  • #1,627
  • May 5, 2010 2:32am May 5, 2010 2:32am
Results for 05 May, v5a

Alpari UK live, no trades
Alpari UK demo, no trades
  • #1,628
  • May 5, 2010 2:37am May 5, 2010 2:37am
Quoting geoffb65
Just as an experiment I removed the M15 fractal test to compare the results with and without:

12months, 1st number without M15 fractal, 2nd number with M15 fractal.

Profit - 3889 - 4271
Trades - 250 - 192
Win/loss - 95.20% - 98.96%
DD - 9.83% - 9.68%

With the M15 fractal we get fewer trades and less drawdown but higher profit!
Congratulations! Your Simple EA is getting better and better! Excellent work geoffb65
  • #1,629
  • May 5, 2010 2:39am May 5, 2010 2:39am
Quoting Inbox
Congratulations! Your Simple EA is getting better and better! Excellent work geoffb65
Thank you!
  • #1,630
  • May 5, 2010 2:42am May 5, 2010 2:42am
Quoting Haishang
I so much agree with the start time. It is a pain with summertime. On the other hand, please allow me to ask you something more fundamental:
How much do you think backtesting into 2008 proofs constructive? Don't misunderstand please, but I think that it all does not help if markets change completely which might happen sooner than we think. My fear is, that all this improvement work is then past sell date....sorry, don't want to be destructive here but at some point stats are stats and trading is trading....no?
I agree with you. Maybee its better to trade until something happens that not happens the last 12 month, ex more drawdown.

Elovv
  • #1,631
  • May 5, 2010 2:44am May 5, 2010 2:44am
Quoting geoffb65
It is the use of fractals that made this EA what it is, before I introduced fractals the results were little better than a coin-toss!
Thanks! And really thanks for help me understand fractals and EA logic. Now I can analys trades and see what happens on different brookers, live/demo

Elovv
  • #1,632
  • May 5, 2010 2:47am May 5, 2010 2:47am
Quoting Haishang
I so much agree with the start time. It is a pain with summertime. On the other hand, please allow me to ask you something more fundamental:
How much do you think backtesting into 2008 proofs constructive? Don't misunderstand please, but I think that it all does not help if markets change completely which might happen sooner than we think. My fear is, that all this improvement work is then past sell date....sorry, don't want to be destructive here but at some point stats are stats and trading is trading....no?
I go along with this idea, the market changes so much over a period of time, one has to wonder just how relevent is data from years gone by?

I know, in a very long time period the market cycles and patterns are repeated but we are only looking at the 1 hour time frame, our cycles are measured in hours and days, not years!

Just my six pennyworth!
  • #1,633
  • May 5, 2010 3:08am May 5, 2010 3:08am
Quoting calstock
GBP USD....my live account has not opened any positions yet...( Alpari)...no matter entered pending positions.....with a target of 1.5100..

Daily pivot: 1.5254...

I have put the V7 on EurJpy...so far ( 1st day ) its going ok...
You guys that are testing the EA on other pairs are doing some great work and I hope you don't think that I'm ignoring what you are doing, I read your posts with just as much enthusiasm as everyone else.

Truth is, I have stayed away from involvement in your posts simply because I have been concentrating on reducing the number of losing trades, in fact I am grateful that your work has allowed me to do this!

I am very interested in the possibility of using this strategy on other pairs, I have always had a secret ambition to make an EA that could tame the "beast", which I don't believe has ever been done!

Please, keep up the great work!
  • #1,634
  • May 5, 2010 3:14am May 5, 2010 3:14am
Monty13

I use support/resistance for SL...

Untill today I have traded this method manually so its easy to see the areas were to place SL....

The same with Trailing stop or BE...again I watch if it rune quickly I will just bring it to BE...If I think it will hit resistance and may bounce I will add a trailing stop and even the trailing stop will change depending on how I see the trade progressing.

Iam sorry its a bit vauge but I dont have any set rules, its very much trade what I see..
  • #1,635
  • May 5, 2010 3:16am May 5, 2010 3:16am
Haishang

All other setting are default.....

Geoff's little baby is to good to mess around with....
  • #1,636
  • Edited 3:23am May 5, 2010 3:22am | Edited 3:23am
Hi geoffb,

Thanks you very much:

5.5.2010
GallantFX 2x short TP1 24,20 and TP2 1,80
FXDD 2x short and now it is -4 and -5

all live account V7 and 0.1 lot

4.5.2010
GallantFX 2x long and now -111 and -111
FXDD 2x long and now -113 and -113

all live account V5a and 0.1 lot
  • #1,637
  • May 5, 2010 3:25am May 5, 2010 3:25am
Quoting mirgi
Hi geoffb,

Thanks you very much:

5.5.2010
GallantFX 2x short TP1 24,20 and TP2 1,80
FXDD 2x short and now it is -4 and -5

all live account V7 and 0.1 lot

4.5.2010
GallantFX 2x long and now -111 and -111
FXDD 2x long and now -113 and -113

all live account V5a and 0.1 lot
Ouch!

Those longs are still running?
  • #1,638
  • May 5, 2010 3:27am May 5, 2010 3:27am
Quote
geoffb65

Quote
You guys that are testing the EA on other pairs are doing some great work and I hope you don't think that I'm ignoring what you are doing, I read your posts with just as much enthusiasm as everyone else.

Hi Geoff

When you have time...

would you be able to add the code regarding the second position to version 5a....

Sorry to be a pain but I like that version and being old Iam stuck in my ways....


With regard to the " Beast " I will play with Version 7 over the next week, as the " Beast" trends mainly long some 70% of the time, it may be a idea to build a EA that only trades long or one where we can close one or the other....

I spent 4 years solely trading that little sweetheart, untill the changing spread rates just became so stuipd.....

And I changed to the EurJpy which more times then not move's very much in schink with " Beastie"...

With regard to EurJpy....you dont really need a EA as I said earlier, it only takes ten mins to set it up...

Keep up the good work...

By the way if anyone intrested....Cable needs to break....1.5118 and then should head to 1.5096/1.5071...
  • #1,639
  • May 5, 2010 3:34am May 5, 2010 3:34am
Quoting geoffb65
Ouch!

Those longs are still running?
Yes, I have SL 165.
  • #1,640
  • May 5, 2010 3:34am May 5, 2010 3:34am
Quoting calstock
Haishang

All other setting are default.....

Geoff's little baby is to good to mess around with....

cool that helps a lot.

I attach a simple excel spreadsheet (which needs much of an imrpovement). It is doing a very simple thing.

Basic: I insert manually (urggghhh.....) before start of Ldn trading the vol matrix (in this case just GBPUSD) for 1wk to 1 yr for just the 10delputs, 25delputs, ATMF,25delcalls, 10delcalls (very rudimentary)

step 1: I substract today-yesterday

step 2: I watch how the implied vols change in what period

step 3: to do: create an indicator for an ea which either points to a future break down or up or just increased volatility.

This could have helped to avoid the s/l which the ea hit yesterday. For those who want to go back in the thread...I posted that short term implied vols shot up both for the upside and downside...means the market was aware that something was brewing but not sure what it really was...so the vol was just very very bid without any direction.

What is your take on that one before I ask what your testing on the EURUSD is doing (attached as well)..... -)...

comments from Sandra and messieurs SkyzerFX et al of course highly welcome too....

cheers for now

R
Attached File(s)
File Type: xls GBPUSD vols 050510.xls   31 KB | 315 downloads
File Type: ex4 Simple_H1_EURUSD_EAv5a.ex4   18 KB | 334 downloads
File Type: mq4 Simple_H1_EURUSD_EAv5a.mq4   18 KB | 353 downloads
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