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The monkey (in progress)

  • #1
  • First Post: Jun 22, 2007 3:50pm Jun 22, 2007 3:50pm
Hello everyone,

i am making a new system that seems very good after some trial.

Please have a look at the attached file.

Green bar are for buy, red bar are for sell. There is some whipsaw and i need to make a filter for this but the system seems to catch several big moves that should makes you forget the small losses that might occur.

As for the name, it comes from the monkey theory that says that if you put 100 monkeys in the pit of Wall Street, one of them will become a millionaire

For the details, the chart is H1 €$

I just randomly put indicator with random figure and the system appeared ^^

I will give further information if you think looking at the chart that there is some potential
Attached File(s)
File Type: zip eurusd.zip   109 KB | 1,159 downloads
  • #2
  • Jun 22, 2007 4:26pm Jun 22, 2007 4:26pm
couldnt you attach the pic to the thread without the zip file?, what time frame is that pic based on. looks quite whippy.
  • #3
  • Jun 22, 2007 4:33pm Jun 22, 2007 4:33pm
Quoting trevman
couldnt you attach the pic to the thread without the zip file?, what time frame is that pic based on. looks quite whippy.
Hum hum...

Quoting melpheos

For the details, the chart is H1 €$
And i could not attach the file as a pic because it's too large and it would have been reduced and become unreadable
  • #4
  • Jun 22, 2007 4:36pm Jun 22, 2007 4:36pm
You've got my attention, tell me more.
  • #5
  • Jun 22, 2007 5:44pm Jun 22, 2007 5:44pm
Of course a real "monkey" system/indicator would use a random number generator.
  • #6
  • Jun 23, 2007 3:15am Jun 23, 2007 3:15am
Quoting bluebuddha
Of course a real "monkey" system/indicator would use a random number generator.
And bananas...there's gotta be bananas in there somewhere.
  • #7
  • Jun 23, 2007 5:22pm Jun 23, 2007 5:22pm
its in progress rite....so lets get moving...what are usingthat RSI box???...
i guess its just a SMA with 3 or 4 period...
"Analysis Is Hard But Trade Is Easy"
  • #8
  • Jun 23, 2007 5:42pm Jun 23, 2007 5:42pm
it looks like it would produce a lot of false signals, it should have some tight money management

but a nice name
  • #9
  • Jun 23, 2007 6:31pm Jun 23, 2007 6:31pm
The name was great but finaly the system is not so great for the moment, also i have allmost similar results with a stoch 20/20/10 so well i'll keep the name for something else ^^
  • #10
  • Jun 30, 2007 4:53pm Jun 30, 2007 4:53pm
the monkey is evolving and it's getting much better ^^ yes, it has nothing to do with the first monkey, but can you really expect something totally coordinated when you throw bananas to a monkey ? http://melpheos1er.free.fr/forex/usdchf.gif It does not give a signal every hours but signals are very reliable
  • #11
  • Jul 2, 2007 1:36pm Jul 2, 2007 1:36pm
What do you think of this ?

http://melpheos1er.free.fr/forex/usdjpy.gif

the only entry signal that have poor return are reentry signal when the first signal has been missed.

There is not a single fake signal
  • #12
  • Jul 2, 2007 9:39pm Jul 2, 2007 9:39pm
Hi M,
I'm impressed by what I see so far.
How many pairs have you tested it on?
Does it produce good signals in sideways/choppy markets?
What time frames work best?
Has it been tested on a live account?
Do all these questions bother you?
Hope it's a winner!
  • #13
  • Jul 3, 2007 2:43am Jul 3, 2007 2:43am
Quoting Micro-MiniMe
Hi M,
I'm impressed by what I see so far.
How many pairs have you tested it on?
Does it produce good signals in sideways/choppy markets?
What time frames work best?
Has it been tested on a live account?
Do all these questions bother you?
Hope it's a winner!
In order

- 9 pairs sor far (Eur$, EurY, Eurchf,GY,Nz$,cable,usdcad,usdchf,usdy )
- does not produce signals in sideway market nor choppy markey, only short trend in longer TF trend) and in long trend
- any TF but as usual, the longer, the more pips each signal (but that does not mean that is it the best ratio and this system does not produce a lot of signal
- yes
- no ^^

I'll post more screenshot later on and the rule of the system
  • #14
  • Edited 5:07am Jul 3, 2007 3:30am | Edited 5:07am
Two more screenshot

First one is euryen M5 (forgot to put OHLC )
Second one is nzdusd Daily
Zip file contain the picture in full size (forum recompress gif file )

Edit : i have not tested a lot on lower TF but it seems that .5 and -.5 is a bit too low settings for filtering.

Anyway wait for the rules
Attached Image(s) (click to enlarge)
Click to Enlarge Name: euryen.jpg Size: 90 KB
Click to Enlarge Name: nzdusd.jpg Size: 96 KB
Attached File(s)
File Type: zip monkey.zip   107 KB | 722 downloads
  • #15
  • Jul 3, 2007 6:30am Jul 3, 2007 6:30am
Thanks Melpheos,
Your work is well organized and easy to comprehend, as usual.
  • #16
  • Jul 4, 2007 2:25am Jul 4, 2007 2:25am
Quoting Micro-MiniMe
Thanks Melpheos,
Your work is well organized and easy to comprehend, as usual.
Crap, it seems that the indicator for filtering i use is repainting the past :-/

That's why i was wondering why i've been unable to see a lot of signal afterward...

I need to find an indicator that do the same job but without repainting
  • #17
  • Jul 4, 2007 4:49am Jul 4, 2007 4:49am
hey dood
good luck with ur new system ill deff take a look at it

ur still trading my system or u moved on?

i personally dont trade my system on lower than 4h anymore especially in these shitty markets plus i got somethin else that ive been workin on so maybe ill share and maybe i wont. ill send u a pm later if it interests u at all u might like it

take care
  • #18
  • Jul 4, 2007 4:58am Jul 4, 2007 4:58am
Quoting boxingislife
hey dood
good luck with ur new system ill deff take a look at it

ur still trading my system or u moved on?

i personally dont trade my system on lower than 4h anymore especially in these shitty markets plus i got somethin else that ive been workin on so maybe ill share and maybe i wont. ill send u a pm later if it interests u at all u might like it

take care
I'm still using your system

Mine is just in developpement and there is still some time to go before it is efficient and with today discovery (repaint) i wont be using as it is now anyway (made some pips yesterday with it but it was luck obviously
  • #19
  • Jul 4, 2007 6:28am Jul 4, 2007 6:28am
Could you please post your indicators and settings
thanks


Quoting melpheos
Two more screenshot

First one is euryen M5 (forgot to put OHLC )
Second one is nzdusd Daily
Zip file contain the picture in full size (forum recompress gif file )

Edit : i have not tested a lot on lower TF but it seems that .5 and -.5 is a bit too low settings for filtering.

Anyway wait for the rules
  • #20
  • Last Post: Jul 4, 2007 7:05am Jul 4, 2007 7:05am
Quoting toddanderson
Could you please post your indicators and settings
thanks
Please read my last post, the main filtering indicator repaints So the system as it is now is NOT working as it should.

I has worked in live but i guess that was just pure luck as all the backtest were done with a repainting indicator.

But here is the main filtering indicator (i urge you to NOT use it )
Attached File(s)
File Type: ex4 INDICATOR.ex4   3 KB | 560 downloads
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