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Attachments: Yen Trader
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Yen Trader

  • Post #941
  • Quote
  • Edited 10:40pm Aug 25, 2016 10:13pm | Edited 10:40pm
[quote=BoHanna;9102727]{quote} Whenever u optimize an EA you will also see modeling quality in statement. Another member always gets 99.9% quality. It's as close to live trading as u can get. look up his past testing posts. He is call nonliner

Forgive me, not just optimize but testing, period. You should see modeling quality when you view "results". Hope that helped
[quote=BoHanna;9102739]
Quoting BoHanna
{quote} Whenever u optimize an EA you will also see modeling quality in statement. Another member always gets 99.9% quality. It's as close to live trading as u can get. look up his past testing posts. He is call nonliner Forgive me, not just optimize but testing, period. You should see modeling quality when you view "results". Hope that helped

"nonlinear" is his name
Quoting abokwaik
{quote} Hi kilion, Cross Traded is an Expanded version of Yen Trader. Yen Trader trades the 6 major yen crosses (eurjpy, gbpjpy, audjpy, nzdjpy, cadjpy and chfjpy) while Cross Trader trades 21 major crosses including the yen crosses. So it works the same way, it trades the cross pair based on the cross major currencies against USD. Accordingly, to back test the Cross Trader on GBPJPY you will need history data for GBPJPY and GBPUSD and USDJPY.
Gotta re-run test with latest version and re-download history to make sure I had this data before posting previous tests. I suggest u all do the same. Don't just take someone else word for it. Test, test, and re-test until YOU are satisfied with desired results. Only you know what you seek. And seek until you find it... Thanks for the reminder Abokwaik.

BoHanna
I appreciate the help, BoHanna.
Quoting BoHanna
{quote} Here are the settings. BUT please note the modeling quality is at 25% for M1 but when I test on M5 with same settings the quality improved to 90% which is not shown here. Test for yourself, this is why I understand where Khalil is coming from...I don't totally trust M1 tf for this pair for scalping but the results seemed amazing. In live trading I will most likely choose M5 because of modeling quality. I'd be happy with $900 bucks from just one pair than $1400 with questionable one ;-) {file}
Thanks for the reply :-)

Do you use signal 30 min and higher time frame 1 hour as well on your tests? Also have you found 300 pips SL and 700 pips TP the best results after testing different ones?

Thanks

Reubs :-)
Quoting reubsonline
{quote} Thanks for the reply :-) Do you use signal 30 min and higher time frame 1 hour as well on your tests? Also have you found 300 pips SL and 700 pips TP the best results after testing different ones? Thanks Reubs :-)
Yes. I make a point to test 1M to 1HR signals as well as higher timeframe signals (up to Daily) when I optimize. Surprisingly, 1HR signal is usually the winner. I look at largest profit, lowest DD, and lowest profit factor. And also, the number of trades because I want to fill the basket (daily target) with a few pairs within hours, not days. I like this EA because of its low DD and you can make money on almost any signal timeframe. It's a matter of personal preference as to how much you want to make and your level of patience. I'm still new to the game but after three years of practicing I'll never forget the advice of a software vendor who said "Don't get greedy". Hope that answered your question. Have a great weekend!

BoHanna
Quoting mary4x
I appreciate the help, BoHanna.
Your welcome, anytime
I've been back testing Cross Trader at 99,9% quality (for what is worth).

I manage great results in 2016, but continue without finding settings that work for 2015.

As there is no way to say that conditions in the next months won't be similar to 2015, it's a too great risk to use this EA live (at least until someone finds better settings or EA is tweaked).
Quoting kilion
I've been back testing Cross Trader at 99,9% quality (for what is worth). I manage great results in 2016, but continue without finding settings that work for 2015. As there is no way to say that conditions in the next months won't be similar to 2015, it's a too great risk to use this EA live (at least until someone finds better settings or EA is tweaked).
Thanks kilion.

With regard to using it live, I prefer forward testing over back testing.
I didn't use it live yet, and will need to complete a 3-months forward test with 300 trades at least.
No guts, no glory
Quoting BoHanna
{quote} Yes. I make a point to test 1M to 1HR signals as well as higher timeframe signals (up to Daily) when I optimize. Surprisingly, 1HR signal is usually the winner. I look at largest profit, lowest DD, and lowest profit factor. And also, the number of trades because I want to fill the basket (daily
target) with a few pairs within hours, not days. I like this EA because of its low DD and you can make money on almost any signal timeframe
It's a matter of personal preference as to how much you want to make and your level of patience. I'm still...
Thanks a lot for the replies, you're very helpful :-)
so I guess my last question is are you using the trade manager along side the cross trader to close all trades at a certain trade profit or just set pips and individual closes?

Thanks again

Reubs
Quoting reubsonline
{quote} Thanks a lot for the replies, you're very helpful :-) so I guess my last question is are you using the trade manager along side the cross trader to close all trades at a certain trade profit or just set pips and individual closes? Thanks again Reubs
For now just set pips and individual closes. I will start using trade manager with two or three pairs next week. I will test with EURCHF next. Something tells me there's a gold mine in there. I will let u know which pairs meet my daily target the fastest. I'm not greedy, just seeking a certain level of consistency.
Quoting abokwaik
{quote} Thanks kilion. With regard to using it live, I prefer forward testing over back testing. I didn't use it live yet, and will need to complete a 3-months forward test with 300 trades at least.
Your work and kindness to share are truly appreciated!

I'm just impressed, one more time, at how this Forex thing is complicated.

You had a great idea and put it working at Cross Trader.
But the back test results are what they are (again for what they are worth, that is never clear).

Just worried that if back test results are reliable and your 3 month tests get conditions like 1st half of 2016, but them conditions change to similar to 2015 when going live, it will be unfortunate.

His there any way to analyse and categorize conditions? What changed in market behavior?


Thanks!
Quoting kilion
{quote} Your work and kindness to share are truly appreciated! I'm just impressed, one more time, at how this Forex thing is complicated. You had a great idea and put it working at Cross Trader. But the back test results are what they are (again for what they are worth, that is never clear). Just worried that if back test results are reliable and your 3 month tests get conditions like 1st half of 2016, but them conditions change to similar to 2015 when going live, it will be unfortunate. His there any way to analyse and categorize conditions? What...
IMO, it is a system that should be adjusted for current conditions. Settings and possibly even TF's should adapt monthly. I stopped trying to find settings that perform well over long periods of time (5 years), and instead focus on settings that work now but are not overly curve fit. Not easy to do, a ton of work.
Quoting abokwaik
These are the settings from my PC at work (linked to TE). Page 1 {image} Page 2 {image} Compressed set file is in the attachments. {file}
BT with settings from your post, on M5 chart / M30 signal, that for what I understand is similar to your present TE:

2014
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2015
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2016 until 9jul
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Of course 14 pairs and a trade manager change a bit things, but...
  • Post #955
  • Quote
  • Edited 12:55pm Aug 27, 2016 12:12pm | Edited 12:55pm
Quoting kilion
{quote} Your work and kindness to share are truly appreciated! I'm just impressed, one more time, at how this Forex thing is complicated. You had a great idea and put it working at Cross Trader. But the back test results are what they are (again for what they are worth, that is never clear). Just worried that if back test results are reliable and your 3 month tests get conditions like 1st half of 2016, but them conditions change to similar to 2015 when going live, it will be unfortunate. His there any way to analyse and categorize conditions? What...
Forex IS complicated.

When you open a Pizza restaurant you're competing with the restaurants in your block.
When you trade forex you're competing with the Whole World.

No automated system can prosper in all market conditions on the long run.
So we have to adapt to current market conditions as fast as we can.

Yes, a live run may fail. For this, there should be a max allowed draw down before shutting off the system.

Sometimes, the fruit lies not in the system tested,, but in the experience gained.
I can not tell you how much I benefited from Yen and Cross Traders, which opened the way for more systems to come.
No guts, no glory
hey abokwaik
can pls tell me what's good relies vision ea.... i want test demo pls.and set file post have numbar...my english bad......do u understand tell me............
Quoting abokwaik
{quote} Forex IS complicated. When you trade forex you're competing with the Whole World. "..we have to adapt to current market conditions as fast as we can." "...but in the experience gained."....
Also quoting Nonlinear:

"...it is a system that should be adjusted for current conditions." "...focus on settings that work now..."

Words of wisdom indeed! Especially "...but in the experience gained.".... Priceless!

BoHanna
Quoting reubsonline
{quote} Thanks for the reply :-) Do you use signal 30 min and higher time frame 1 hour as well on your tests? Also have you found 300 pips SL and 700 pips TP the best results after testing different ones? Thanks Reubs :-)
30mn and 1hr worked fine until I upgraded EA to 6.44 with same presets.

Version 6.43
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Version 6.44
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Quoting abokwaik
{quote} Forex IS complicated. When you open a Pizza restaurant you're competing with the restaurants in your block. When you trade forex you're competing with the Whole World. No automated system can prosper in all market conditions on the long run. So we have to adapt to current market conditions as fast as we can. Yes, a live run may fail. For this, there should be a max allowed draw down before shutting off the system. Sometimes, the fruit lies not in the system tested,, but in the experience gained. I can not tell you how much I benefited from...
Compliment you for being honest - No system works in all market conditions
Quoting Pip-Miner
{quote} Compliment you for being honest - No system works in all market conditions
I like his honesty too. But, it's back to the drawing board... gotta make this new version work. If anyone is having problems OR success with new version please let me know. I'm gonna test it for a few days before going back to previous version. Thanks,

BoHanna
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