Jiva Dragon

Welcome we thank you for your kind words and wish you the best in this challenging endeavor. Successful forex trading.
Your ideas and thoughts on the efforts here are more than welcome.
If you have some inspiration for logo in mind we would like to see. Dragon gives lots of room to play in....http://dragon-z.org/Chinese_Dragon2.jpg

Yes, a real trap for new traders.
How to make money with an ea:
sell it with hyped up promises!!
If their ea is so great why do they even want to bother with marketing, production and selling for $49. Why don't they just use their own ea and make millions every day like they advertise.
Please, give us a break...

For now what I can do is regularly optimize the settings listed on the first page.
EURUSD and EURGBP 1h FXDD were last optimized 10/16, so I can do those two before Frankfurt opens. And see if there are any significant changes in the settings. So just keep track of things like that for now. Do one or 2 per day as their settings become a week old. And see what the changes are... if any..
Research possible options to get this resolved to satisfaction.
v14 is under testing also, it has the macd added with a variety of ways to use it. and 3 more moving average options...
We want to stay with v11 for some time, v14 won't be posted until it is really ready to roll, settings and all. Could be a while.. No need to rush. v11 is very good...
Lots going on...

First Of all thanks very much Jiva34 for the Kind and Warm welcome message , I have made the first beta-logo, I think graphics are a little bit saturated, if anyone have any ideas to improve it are welcome (or I could make a brand new one ).

I completely agree with what you said some posts above, I think this system has a very promising future, and by adapting input settings, when market changes its nature (as you said aswell) this system will be just invincible.

We could also make an auto-improving system, not inside this great EA, maybe only another EA with an excel sheet output, where we can see for example : how much pips are moving since the system's rules fro an entry are trigered, etc. .statistics for a 3 month's basis (just to call some time period) , obviously with this incredible system's rules. (maybe with M15 time frame too)
This could adapt better: entries, SL and TP for each pair's future sentiment. when they change, and even make your work of improving settings easyer.
Please forgive me if I am saying nonses here (maybe only backtesting would work) just a humble idea to provide something usefull to your great system too .

Thanks for hard work . I hope you like this first beta-logo, I think I can make a much better one for the future, critics are welcome.

Have a great day everybody.
________________
Sequoia

sequoia nice , keep up the good work

Thanks kauaibobby
Green pips


___________
Sequoia

HI jiva
when i try to back test i get cannot open file in journal .
i get the same thing on two different broker.
I left everthing default except offset time for broker
any idea what i am doing wrong or need to do right

send me an email with the files attached that you are using...
if you load the preset into the mt4 popup for settings you shouldn't have any problems...
I think you might be trying to set the settings individually by using a word program to open the set file. The set file needs to be unzipped so it appears as .set file then it can be loaded directly into the mt4 popup.
Sometimes we might get stuck in a rut in our thinking. By practicing using these programs it will help us to think in news ways. Actually it will force us to think in new ways. Good mental exercise. And then put the pressure of win or lose at stake and watch out, engine fired up.

Nice..
Very nice..
It is like heraldry almost. Interesting.
Like a coat of arms or something.
I am partial to green. Can we use green somehow? What would it look like red, green and gold instead of blue? Just curious.
The little gold dragons on the bottom, facing left and right are a little indistinct, kind of fuzzy...clean them up?
I like how the dragon has captured the globe, usually we see him trying to capture it. Here he has hold of it.
And the 2 dragons, like long and short, win and lose, ying and yang, very nice.
The v11 is muddy color, maybe brighter.
Dragons can come closer together?
Thank you. Much appreciated.

Always check the first page for the most recent .set files
updated optimized EURUSD FXDD 1hr 10/27/10

OK Jiva, here is a perfect example you have shown from manual backtesting optimization. First, with thoughts of coding (duplication) write down each step you take to do the manual optimization shown above. Secondly, once you have thought through and documented the traditional routine to reach the results you show above, then approach MetaCoder with the task of (1) duplicating in automatic form your results, and (2) once you have this code working to automate your optimization routine on one single pair, take it to the next level (which MetaCoder should be attracted to the challenge) do this on a 'basket' approach.

I like the abstract approach and style of MetaCoder, as he sees far beyond the linear view of normal code styles. Look to his stated challenge....that of working with a multiple pair basket of application hypothesis. He is very good and discerns fully the multiplicity of analysis to make a multiple pair basket
perform profitably.

However, one has to be able to replicate the manual procedure first, just a a manual trader must see clearly his method and define it in detail, before the EA is created, so does moving to the next higher step need documentation of parameters to combine the automatic replication of on pair's optimization before it can be combined for the total basket application.

One positive move would be to use the approach of RR where he works off tic data PA history rather than the typical M1 TF history. Once you have a tic history file one can compare how close you come to 99% accuracy in running on past PA tic data. This is much more accurate than the traditional Mt4 back test routine for the single pair, x time frame, etc.

Primarily you wish to automate your manual backtest procedure for a single pair to lessen you load as you now backtest. With this in mind, think "dynamic" and not "Static" conditions. The idea is to enlist aid from the likes of MetaCoder, or his equal (few available and he is like the 'trend'..your friend!). Get his input and tell him what you wish to accomplish with his help but to do it in concert with his foresighted intuitive objective analytical
talent. I feel he is the right talent to enlist in your automated optimization method.

Once this is working and proven to replicate your manual results, then take it to the next step where you with aid of MetaCoder devise how to include this automated optimization routine into your EA. And, in final form MetaCoder can take it to the highest stage, to combine it into a basket optimization technique from which he can compare different baskets to find those having
maximum 'strength to weakness' characteristics where dominant price shifts
prevail.....the big payoff!

First you have to automate the normal optimization routine. Use it to enhance performance stats on your EA. Then work to have a module applicable to other qualifying EA's (in the MetaCoder format) and lastly bridge the single basket approach with "X" pairs to multiple baskets to offer a
comparative analysis at optimum setting more than one basket! Thus, the ultimate shift procedure for your own EA (and others to follow).

The shift (in thinking) is from single linear pair manual computations to automatic single pair optimizations, then to multiple pair automatic optimizations and finally to the comparative results of multiple basket optimizations. This is the challenge and direction MetaCoder is excited about moving toward ( by his own definition). It is exciting and very challenging, to say the least!

Basically, you are much better off in only making the first step, to automate you manual methods of optimization even if you don't move upward and onward from that step. What an improvement in time spent for you if the automation were dynamic within the EA? Man, you would be light-years ahead of the pack!

IMO
Atlas1

Always check the first page for the most recent .set files
Updated optimized .set file GBPUSD FXDD 10/27/10

I see. I see.
(Said the blind man, as he picked up his hammer and saw).

It will take a little time to assimilate. But I see the direction. We'll get there. Yes first step to automate is to get the pattern down.
I am at that stage now, you have picked up on it perfectly. How to optimize optimally, so to speak.
what to optimize first and what to optimize by itself and what parameter to optimize in conjunction with another parameter, etc,.. what and in what is order is significant.

I understand your point about pairs individually and also optimizing for which pairs.

It is a tremendous amount of time and work to optimize the settings, if this could be automated it would be invaluable. Something like the step up from staring at the monitor to look for set ups all day and having an ea monitor the pairs.
Well then the ea itself would need to be monitored.
So we are looking to a FULLY automated system.
Quant challenge, hey?
I need to be monitored.

It's getting good.....

I may not be able to visit Old Dog until this weekend.

These 1hr settings do not trade very often. 2 or 3 times per month per pair. With v14 and the addition of macd parameters it may be possible to research settings on the 30 min or even 15 time frames which usually means much more trading activity.
It is good to have the 1hr series with attractive settings ready to set up and monitor before trying to go on to something new. So we will get v11 to a good place first.

Thanks Jiva34 , I changed colors and cleaned fuzzy cloud around small dragons, I hope I understood well what you told me on last post. (if there are any modifications or new ideas, please tell me)

Interesting post Atlas1 hard for me to completely understand by now as I am newbie but I will study your last post on this thread, thanks.

I like the idea of lowers TF Jiva34 , lets hope this system can be able to make more trades in future

Have a nice nap everybody see you tomorrow

___________
Sequoia

Did anyone have the 15m EURUSD setting going? Had to shut down the entire system due to electrical storms, Alright!! thrown in a few natural disturbances into the mix, anyway I think a trade would have triggered 15m EURUSD during Asian session. Anyone catch it?

What would green and gold look like instead of blue and white, no offense, but the blue and white dragon sort of reminds me of a skunk.
So much for a warm welcome, all I've done is pick apart your logo...Maybe I should post on the first page "ENTER AT YOUR OWN RISK!" I really do like your idea and even the first draft. Hope your not discouraged. Let's work on it. Maybe the traders have some ideas.
http://www.saynotocrack.com/wp-conte...8/07/skunk.jpg

Not yet there, beside 1h pair sets, also 15min set for EURUSD set up. Now waiting for reversal. So far looks promising, hopefuly trade will be triggered soon.

I like the more red and no blue. But not good color green. Dark color green on belly, gold or yellow stripe like on the red one, and then light green back
Looks like you wanted to make them exact opposites. But what I am asking is not exactly opposite. What do you think?
dark green not so mossy color, more forest green, light green not so yellowish.
they look good closer together, like really challenging each other.
the small dragons look better, but they need something. Maybe an eye?
Where are their "globes"?
the shadow effect is good, it's subtle so we don't notice it right away, but it is nice.
Thank you for your good work. To give more character to the ea. Make it more personal.

Yes we want to get good settings for lower time frames (more trades) but it is harder to do. More volatility.

I have an idea how to do it and will put some time into it.

2 trades/month is very slow. The other thing I suspect is that they will all trade together. That is, when the market gets a strong direction to it they will all signal trades within a few hours of each other. So who has enough margin to carry all those trades at once?

So that makes the lower time frames even more attractive since that is not as likely to happen on a lower time frame.
Shorter trades and there would be more of a space between the different pairs' signals.

Anyone set up for GBPUSD? My work station was shut down due to storms. But it should have triggered long.
Close of last candle, gmt 9 I believe.
Am placing the trades manually to monitor.

update 5 hours later: GBPUSD doesn't have a 200 pip stop loss for no reason. Let's see if it bounces off the trend line and goes in the favor of our ea's decision.


update next trading day just before London: Can it be? Or is it an apparition? GBPUSD is moving in the right direction!

update: don't you just love GBPUSD, the most volatile pair..
I've noticed this in several of the ea's trades. More often than can be considered mere coincidence. The limits correspond to supports and resistances, but were not calculated from supports and resistances, per se. They were calculated from "curve fitting" over the last 12 months months for optimal limits... Interesting. Maybe there is more to this "curve fitting" than some traders are giving it credit for.