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Which pair always returns to same price

  • Post #1
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  • First Post: Jan 2, 2015 4:21pm Jan 2, 2015 4:21pm
  •  roel13
  • | Joined Jun 2014 | Status: Member | 147 Posts
Which pair is the one that returns most often to a previous price?
Not financial advice. For testing purposes only. Do not use on live account
  • Post #2
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  • Jan 2, 2015 4:55pm Jan 2, 2015 4:55pm
  •  tarrini65
  • | Joined May 2011 | Status: Member | 147 Posts
eurusd gbpusd usdchf gbpchf
 
 
  • Post #3
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  • Jan 2, 2015 5:39pm Jan 2, 2015 5:39pm
  •  roel13
  • | Joined Jun 2014 | Status: Member | 147 Posts
@tarrini65 - Thanks! The idea is to keep opening orders, each bar, for example M1, both buy+sell and profit trail close + repeat the same. If price returns, this is a great system.
Not financial advice. For testing purposes only. Do not use on live account
 
 
  • Post #4
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  • Jan 2, 2015 7:39pm Jan 2, 2015 7:39pm
  •  Chicky
  • Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
Quoting roel13
Disliked
Which pair is the one that returns most often to a previous price?
Ignored
A pair of jeans, at Old Navy annual sale.
The Thief of Wall Street
 
 
  • Post #5
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  • Jan 2, 2015 8:05pm Jan 2, 2015 8:05pm
  •  roel13
  • | Joined Jun 2014 | Status: Member | 147 Posts
Not financial advice. For testing purposes only. Do not use on live account
 
 
  • Post #6
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  • Jan 3, 2015 3:39am Jan 3, 2015 3:39am
  •  tarrini65
  • | Joined May 2011 | Status: Member | 147 Posts
Quoting roel13
Disliked
@tarrini65 - Thanks! The idea is to keep opening orders, each bar, for example M1, both buy+sell and profit trail close + repeat the same. If price returns, this is a great system.
Ignored

well if you have enough money and patient you can make money , maybe you have to wait 1-2 year for a position to close...but they always come back ...actually your question is really weird!!!!!!!!!!!!!!!!!!
 
 
  • Post #7
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  • Jan 6, 2015 3:00pm Jan 6, 2015 3:00pm
  •  pinktrade
  • | Additional Username | Joined Jan 2015 | 149 Posts
Actually, if you check back on pairs history prices, you would see that "history tends to repeat itself" ... until it doesn't. As tarrini65 said in the previous post, you need to have some patience sometimes and definitely some money though I cannot understand the hedging system you are trying to do with each 1M bar!?
 
 
  • Post #8
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  • Jan 9, 2015 6:41am Jan 9, 2015 6:41am
  •  SakibFX
  • Joined Oct 2014 | Status: Member | 134 Posts
1M = monthly bar?? I was forced to guess..
Success - It's not always what you see
 
 
  • Post #9
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  • Jan 9, 2015 1:30pm Jan 9, 2015 1:30pm
  •  roel13
  • | Joined Jun 2014 | Status: Member | 147 Posts
1M/M1=1 Minute, MN=1 Month, at least in MT4 terms.

My only challenge thus far is that most brokers do not allow unlimited orders. My current broker only allows 200. The idea is to have many small orders, one on each bar. If I had a good, reliable broker that would allow unlimited small orders, and allows hedging, I'd be dancing. I'd be dancing even more if they allowed cent accounts.
Not financial advice. For testing purposes only. Do not use on live account
 
 
  • Post #10
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  • Edited 2:09pm Jan 9, 2015 1:55pm | Edited 2:09pm
  •  roel13
  • | Joined Jun 2014 | Status: Member | 147 Posts
An example. Test is on 99.9% tick data. The drop at the end is I think because when it reaches that 15k level, the price moves away from the current setup, yet the number of orders open at that point is 200 so no further action is possible at that point. The price continues to move away and when the tester reaches the end date, it closes all positions, hence the drop. If I could open/close more orders it would continue to work I think, just like it did in those 2000+ trades there. I am running another backtest to validate that premise. Also, the system would likely even work better for the period already shown, as more orders could be made.

Another consideration when looking at the Tester output is this; periods of silence due to not being open to open/close orders. Remember that the strategy tester shows things not by time but by orders. Hence, if between two orders the price moves up by 60 pips and then back down (and you account could carry that move - which is more likely here as these are all very small positions) then it would NOT show in the EA. For this you need to do a visual back test and maybe add an open orders + equity/balance indicator.

If you guys have any great ideas on any of the following it would help because things could get fixed;
- broker choice: reliable + (cent account +) hedging allowed + unlimited number of orders open == a winner
- how to handle "periods of silence" (one thought I had was to close all positions after x amount of profit, but for some reason this doesn't always seem to work well) when prices moves away and maximum number of orders are open (btw when I say order I mean instituted order, not pending order)
Attached Image (click to enlarge)
Click to Enlarge

Name: TesterGraph.gif
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Not financial advice. For testing purposes only. Do not use on live account
 
 
  • Post #11
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  • Jan 9, 2015 2:25pm Jan 9, 2015 2:25pm
  •  roel13
  • | Joined Jun 2014 | Status: Member | 147 Posts
Hmm, correction. The above was with unlimited orders enabled. Must still be a bug in the EA then (price moves away and profit not locked in). This is long backtest with 200 orders enabled.
Attached Image (click to enlarge)
Click to Enlarge

Name: TesterGraph.gif
Size: 15 KB
Not financial advice. For testing purposes only. Do not use on live account
 
 
  • Post #12
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  • Last Post: Jan 9, 2015 11:11pm Jan 9, 2015 11:11pm
  •  SakibFX
  • Joined Oct 2014 | Status: Member | 134 Posts
why don't you try it with bigger timeframe candles. I think it's all the same. or maybe i don't understand it !
Success - It's not always what you see
 
 
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