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Follow the Candles

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  • Post #881
  • Quote
  • Aug 12, 2020 8:20am Aug 12, 2020 8:20am
  •  mrdfx
  • Joined May 2017 | Status: Member | 3,690 Posts
Quoting blamshakk
Disliked
update for this week default 3am basket triggered, stopped out at breakeven 1am basket triggered, closed in profit with trailing stop +175 pips 1.30am basket triggered and closed in full profit +215 pips blam
Ignored
Thanks for the update.

I see you are using the trailing stop option in your sets, has it helped your results you think?
Truth is like poetry. And most people f*cking hate poetry.
 
 
  • Post #882
  • Quote
  • Aug 12, 2020 8:23am Aug 12, 2020 8:23am
  •  mrdfx
  • Joined May 2017 | Status: Member | 3,690 Posts
This week we finally had the weekly set ups trigger and all hit their TP's.
Truth is like poetry. And most people f*cking hate poetry.
 
1
  • Post #883
  • Quote
  • Aug 12, 2020 4:05pm Aug 12, 2020 4:05pm
  •  blamshakk
  • Joined Mar 2010 | Status: Member | 2,162 Posts
you're welcome. Re: trailing stops, I hope they're helping. Just feels reassuring to lock in profits

blam

Quoting mrdfx
Disliked
{quote} Thanks for the update. I see you are using the trailing stop option in your sets, has it helped your results you think?
Ignored
 
 
  • Post #884
  • Quote
  • Aug 17, 2020 2:04pm Aug 17, 2020 2:04pm
  •  mrdfx
  • Joined May 2017 | Status: Member | 3,690 Posts
Lets hope for another good week!

Who else besides blamshakk and myself are using the EA?
Truth is like poetry. And most people f*cking hate poetry.
 
1
  • Post #885
  • Quote
  • Aug 17, 2020 4:51pm Aug 17, 2020 4:51pm
  •  xxsskxx
  • | Joined Aug 2019 | Status: Member | 101 Posts
Quoting mrdfx
Disliked
Lets hope for another good week! Who else besides blamshakk and myself are using the EA?
Ignored
Yes still using it here. Actually realised hadn't loaded this week. But have been using defaults
 
1
  • Post #886
  • Quote
  • Aug 18, 2020 8:16am Aug 18, 2020 8:16am
  •  blamshakk
  • Joined Mar 2010 | Status: Member | 2,162 Posts
no basket fired this week, but also there was something wrong with the 2am chart (no data was passing into the EA - everything b&w) - now fixed by reloading EA onto that chart

blam
 
1
  • Post #887
  • Quote
  • Aug 18, 2020 9:05am Aug 18, 2020 9:05am
  •  Ilvez
  • Joined May 2020 | Status: Just looking | 500 Posts
Hi,

Can you please explain how does How "Percentage to Trail" setting works. Have had some strange outcomes in demo.

Is it a initial SL level in % when "Percentage to Start Trailing" is hit, or is it a distance from "Percent to Start Trailing"?

Also, what is the trailing step e.g. how much the profit needs to increase for trail stop to be moved up?

Basically I want to start trail at 1.5% and set trailing SL -0.5% from running profit.

Many thanks in advance!

Quoting mrdfx
Disliked
{quote} Thanks for the update. I see you are using the trailing stop option in your sets, has it helped your results you think?
Ignored
 
 
  • Post #888
  • Quote
  • Aug 18, 2020 4:44pm Aug 18, 2020 4:44pm
  •  Carlos1
  • | Joined Aug 2014 | Status: Member | 143 Posts
Quoting mrdfx
Disliked
Lets hope for another good week! Who else besides blamshakk and myself are using the EA?
Ignored
Hi mrdfx,
I'm a bit late to the party but I have just started testing your EA on daily setups.
I'll report back with some findings in couple of weeks...
Cheers
Carlos
"All good things to those who wait"
 
1
  • Post #889
  • Quote
  • Aug 18, 2020 9:25pm Aug 18, 2020 9:25pm
  •  mas2cool
  • | Joined Aug 2020 | Status: Member | 2 Posts
Quoting mrdfx
Disliked
This week we finally had the weekly set ups trigger and all hit their TP's.
Ignored
hello mrdfx, thank for the indicator and the EA that you provide, may i ask some question to clear my mind after read your thread and post
1. in the indicator setting starting hour, its the broker time or GMT time? because my broker using GMT+3 as the time, because the EA default setting is broker time 23:00 to open trade, so i got confuse whether on the indicator setting starting hour is 00:00 or 03:00, thank you
Attached Image
 
 
  • Post #890
  • Quote
  • Aug 20, 2020 8:19am Aug 20, 2020 8:19am
  •  mrdfx
  • Joined May 2017 | Status: Member | 3,690 Posts
Hey guys I forgot to update this week.

The 23:00 weekly basket triggered and hit TP as well as my other weekly tests.

I am also finished with my daily testing and after compiling all the data later this week, I will post the settings here in the thread.

As the weekly testing is a lot slower I still need another 1-2 months to verify the results as being consistent and then I'll share them as well.

It's a pity there were not more people participating as then I'm sure we could have found many more good settings to use. Unfortunately my PC resources are limited so I could only test a limited number of various settings, and I'm sure there are still many more that can be found with more time and teamwork.

Anyway I know how it works here on FF, the majority are looking for the quick fast profits and they not willing to invest the time and effort needed to find a good profitable system, they only want to be spoon fed. True story..
Truth is like poetry. And most people f*cking hate poetry.
 
2
  • Post #891
  • Quote
  • Aug 20, 2020 8:20am Aug 20, 2020 8:20am
  •  mrdfx
  • Joined May 2017 | Status: Member | 3,690 Posts
Quoting blamshakk
Disliked
no basket fired this week, but also there was something wrong with the 2am chart (no data was passing into the EA - everything b&w) - now fixed by reloading EA onto that chart blam
Ignored
Hey blam that is strange as I have not encountered that happening on my end. I will be posting another update soon, but that has to do with the VB.

If it happens again check the logs if there was anything printed that might help explain what happened.
Truth is like poetry. And most people f*cking hate poetry.
 
2
  • Post #892
  • Quote
  • Aug 20, 2020 8:31am Aug 20, 2020 8:31am
  •  mrdfx
  • Joined May 2017 | Status: Member | 3,690 Posts
Quoting Ilvez
Disliked
Hi, Can you please explain how does How "Percentage to Trail" setting works. Have had some strange outcomes in demo. Is it a initial SL level in % when "Percentage to Start Trailing" is hit, or is it a distance from "Percent to Start Trailing"? Also, what is the trailing step e.g. how much the profit needs to increase for trail stop to be moved up? Basically I want to start trail at 1.5% and set trailing SL -0.5% from running profit. Many thanks in advance! {quote}
Ignored
The way the TS works is like this.

You set the % that you want the EA to start trailing lets say at 5%, then you set the % to trail, lets say 1%. So now when the basket reaches 5% the TS will be activated and it will move up the SL by 1%. For every 1% thereafter 5% as long as price keeps moving the EA will trail the stop at 1% from BE.
Truth is like poetry. And most people f*cking hate poetry.
 
1
  • Post #893
  • Quote
  • Aug 20, 2020 8:33am Aug 20, 2020 8:33am
  •  mrdfx
  • Joined May 2017 | Status: Member | 3,690 Posts
Quoting mas2cool
Disliked
{quote} hello mrdfx, thank for the indicator and the EA that you provide, may i ask some question to clear my mind after read your thread and post 1. in the indicator setting starting hour, its the broker time or GMT time? because my broker using GMT+3 as the time, because the EA default setting is broker time 23:00 to open trade, so i got confuse whether on the indicator setting starting hour is 00:00 or 03:00, thank you {image}
Ignored
Hello mas2cool, the time is based on your broker time not GMT.
Truth is like poetry. And most people f*cking hate poetry.
 
1
  • Post #894
  • Quote
  • Aug 20, 2020 9:09am Aug 20, 2020 9:09am
  •  Brle110
  • Joined Nov 2019 | Status: Member | 63 Posts
I have to ask i dont have experience with EA is this EA take the trades by itself or I have to put it
 
 
  • Post #895
  • Quote
  • Aug 21, 2020 7:40am Aug 21, 2020 7:40am
  •  Ilvez
  • Joined May 2020 | Status: Just looking | 500 Posts
Thanks, its somewhat clearer. Just to be sure lets take example of the 3 settings controlling trailing:

Take Profit % of Account=1.0
Percentage to Start Trailing=1.5
Percentage to Trail=0.5

1) What happens if profit of 1.3% is reached but then it falls back below 1%? Is the initial BE set at 1.0% (Take Porfit % of Acc.) level? Is 1% of profit collected?
2) When 1.6% of profit is reached, where is the trailing stop set? At 1.6-0.5=1.1%?
3) What is the trailing step e.g. which setting controls the step after trailing has started?

Many thanks!


Quoting mrdfx
Disliked
{quote} The way the TS works is like this. You set the % that you want the EA to start trailing lets say at 5%, then you set the % to trail, lets say 1%. So now when the basket reaches 5% the TS will be activated and it will move up the SL by 1%. For every 1% thereafter 5% as long as price keeps moving the EA will trail the stop at 1% from BE.
Ignored
 
 
  • Post #896
  • Quote
  • Aug 25, 2020 8:04am Aug 25, 2020 8:04am
  •  mrdfx
  • Joined May 2017 | Status: Member | 3,690 Posts
No trading this week for the weekly baskets, the VB did not trigger.

The daily sets have hit their targets. Almost done with compiling all the data and will share the preset.
Truth is like poetry. And most people f*cking hate poetry.
 
3
  • Post #897
  • Quote
  • Aug 25, 2020 2:16pm Aug 25, 2020 2:16pm
  •  gabriel888
  • | Joined Oct 2019 | Status: Member | 10 Posts
Hey mrdfx

Just found your thread here, thanks for all the hard work. I've got a few day set demos running and ran into a bug overnight - the virtual basket stayed open well past the 2 hr limit from the inputs and triggered a real basket opening even after trading was supposed to be done for the day and the virtual basket was set to have closed hours before. The set opens 45 min after Tokyo open and closes 30 min before Frankfurt open. Not a huge issue, just wanted to bring it to your attention!

Thanks again for all you your efforts, nothing like a simple successful strategy to win the day!
 
 
  • Post #898
  • Quote
  • Edited 4:15am Aug 26, 2020 4:02am | Edited 4:15am
  •  blamshakk
  • Joined Mar 2010 | Status: Member | 2,162 Posts
sorry for the late update. This week only the 3am basket fired, for full tp

blam
 
1
  • Post #899
  • Quote
  • Aug 26, 2020 8:23am Aug 26, 2020 8:23am
  •  mrdfx
  • Joined May 2017 | Status: Member | 3,690 Posts
Quoting gabriel888
Disliked
Hey mrdfx Just found your thread here, thanks for all the hard work. I've got a few day set demos running and ran into a bug overnight - the virtual basket stayed open well past the 2 hr limit from the inputs and triggered a real basket opening even after trading was supposed to be done for the day and the virtual basket was set to have closed hours before. The set opens 45 min after Tokyo open and closes 30 min before Frankfurt open. Not a huge issue, just wanted to bring it to your attention! Thanks again for all you your efforts, nothing like...
Ignored
Hi gabriel888, can you post a screenshot of your setting particularly the timing and VB settings? Also please make sure you are using the latest version.
Truth is like poetry. And most people f*cking hate poetry.
 
1
  • Post #900
  • Quote
  • Aug 26, 2020 3:54pm Aug 26, 2020 3:54pm
  •  gabriel888
  • | Joined Oct 2019 | Status: Member | 10 Posts
Quoting mrdfx
Disliked
{quote} Hi gabriel888, can you post a screenshot of your setting particularly the timing and VB settings? Also please make sure you are using the latest version.
Ignored

Thanks for having a look:
Attached Image (click to enlarge)
Click to Enlarge

Name: Screenshot (64).png
Size: 31 KB
 
 
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