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The Hodgepodge Trading System

  • #421
  • Jul 22, 2017 7:49pm Jul 22, 2017 7:49pm
Yes MTPockets, I've seen your post about stacking. I like stacking too, for these reason I was suggesting the stacking as a new feature of the EA, if Krismitt consider this opportune.
  • #422
  • Jul 23, 2017 1:24am Jul 23, 2017 1:24am
Quoting jguellbo
I've made some tests with gold, but not optimization yet. All the tests have been made with "every tick", and "visual model", by this way I have a clear idea how this EA works, and I have some conclusions and/ or suggestions. 1. The EA is designed to consider higher time frames, but the trades are executed in shorter time frames when the trends are in the same direction. Ok this is good, a solid and robust principle, but all trades are closed after a few hours so, Why we use W1 period? I've made tests with W1+D1+H4, D1+H4 and D1 (entries with 4h...
Thank you for your excellent work here jguellbo; your thoughts are much appreciated and our goal is to extract all the learnings we can from this type of analysis.

Good on you!.

There are two fundamental principles which are very active behind the scenes of this thread and they are:-

1. Simplicity; we want to keep the system as simple as possible; and
2. Freedom; the EA is Coded with options for just about every setting so that Traders can do whatever works for them in terms of the settings.

1. The EA is designed to consider higher time frames, but the trades are executed in shorter time frames when the trends are in the same direction. Ok this is good, a solid and robust principle, but all trades are closed after a few hours so, Why we use W1 period? I've made tests with W1+D1+H4, D1+H4 and D1 (entries with 4h and 1h), and in my opinion, W1 is useless, because all the trades are closed after a few hours. It makes more sense, in my opinion, to delete the W1 and add 1H, because the system is short time oriented.
[Krismitt] The EA is deliberately coded to consider higher time-frames and much depends on the time horizon of the individual trader (Scalper, Day Trader, Swing trader Etc.). The following chart explains why we have coded the EA to include for the weekly time-frame:-
Attached Image (click to enlarge)
Click to Enlarge Name: Trend.png Size: 165 KB

Most importantly, however, is that the EA is designed to allow each trader the freedom to use whatever higher time-frame he/she wishes. The weekly time-frame is included for "whosoever will". I do.
I have also been inspired by STRARS PASR
Attached File(s)
File Type: pdf STRATS PASR (1).pdf   2.2 MB | 552 downloads


2. Have you considered the possibility of stacking?
[Krismitt] Yes, this is something for future updates.

3. In my first post, I said I work with a similar idea, and as you, I want to avoid range periods, so I been trying and testing different methods. This is one of the best I've found and maybe you will find it useful for your system. I use a Bollinger band...
[Krismitt] We have considered and have made provisions in the EA for Ranging Markets. https://www.forexfactory.com/showthr...45#post9989545 I like your approach as well.

Please continue to share your insights with the Hodgepodge community.

Trade well.
  • #423
  • Jul 23, 2017 1:28am Jul 23, 2017 1:28am
Quoting jguellbo
Yes MTPockets, I've seen your post about stacking. I like stacking too, for these reason I was suggesting the stacking as a new feature of the EA, if Krismitt consider this opportune.
I think krismitt has considered this , but he would like for the method to remain as uncomplicated as possible sticking to the original idea that Big E presented years ago. Also , newbies would get lost advancing to that level, let them get use to the idea of trading the basic method. We don't want to overwhelm people as they would get discouraged way too quickly

Krismitt,
I didn't know you were also responding ... you beat me to the punch !!
Your answer is much better than mine
  • #424
  • Jul 23, 2017 1:52am Jul 23, 2017 1:52am
Quoting MTPockets
{quote} I think krismitt has considered this , but he would like for the method to remain as uncomplicated as possible sticking to the original idea that Big E presented years ago. Also , newbies would get lost advancing to that level, let them get use to the idea of trading the basic method. We don't want to overwhelm people as they would get discouraged way too quickly Krismitt, I didn't know you were also responding ... you beat me to the punch !! Your answer is much better than mine
Hi all - v interesting thread and lovely EA. I've been having a play over the last week and agree stacking really adds juice. As far as I can see (and correct me if I'm wrong, which I often am), if the EA had a 'none' option on the trade exit criteria you could manually stack to your hearts content, or add a TF to the trade exit criteria. Then for example you could enter at the H4 signals and exit at say a cross of the daily 5sma (or HA colour change).

Nothing new there, and I know you'll already be thinking of it. I also think basket trading would work really well.
  • #425
  • Jul 23, 2017 1:57am Jul 23, 2017 1:57am
Sorry Krismitt and Co.... can't find an answer to this, any of you people use a forex clock noting the different times that the markets open? Mt 4 runs +2 to gmt I am +8.5 gmt and I get confused ??? Cheers,,,,
  • #426
  • Edited 2:16am Jul 23, 2017 2:03am | Edited 2:16am
Quoting paulkeys
Sorry Krismitt and Co.... can't find an answer to this, any of you people use a forex clock noting the different times that the markets open? Mt 4 runs +2 to gmt I am +8.5 gmt and I get confused ??? Cheers,,,,
For me (PST) LO 00:00 , NY 06:00 , Sydney 14:00 Tokyo 18:00

Forex Factory in the Markets Tab at the bottom will show you times... or you can look here...
https://greenwichmeantime.com/time-g...one-converter/

or you can install market_clock (.gadget)
http://zillafx.blogspot.com/2013/04/...24h-clock.html
  • #427
  • Jul 23, 2017 2:26am Jul 23, 2017 2:26am
Thanks will check them out. was using Anuka on trial that was really good I must be really hard up to not want to spend $25 on a full version. All the best this week,,
  • #428
  • Jul 23, 2017 3:26am Jul 23, 2017 3:26am
Quoting MTPockets
{quote} I think krismitt has considered this , but he would like for the method to remain as uncomplicated as possible sticking to the original idea that Big E presented years ago. Also , newbies would get lost advancing to that level, let them get use to the idea of trading the basic method. We don't want to overwhelm people as they would get discouraged way too quickly Krismitt, I didn't know you were also responding ... you beat me to the punch !! Your answer is much better than mine
To the contrary....I couldn't have said it better than you have.

Well done!

Cheers.
  • #429
  • Jul 23, 2017 3:39am Jul 23, 2017 3:39am
Quoting paulkeys
Thanks will check them out. was using Anuka on trial that was really good I must be really hard up to not want to spend $25 on a full version. All the best this week,,
I made my own so I can relate each session to my Timezone
Attached Image (click to enlarge)
Click to Enlarge Name: Market_Sessions.png Size: 11 KB

Just a basic Excel File.
Cheers.
Attached File(s)
File Type: xlsx Market Sessions.xlsx   11 KB | 397 downloads
  • #430
  • Jul 23, 2017 3:47am Jul 23, 2017 3:47am
Quoting hollowhead
{quote} Hi all - v interesting thread and lovely EA. I've been having a play over the last week and agree stacking really adds juice. As far as I can see (and correct me if I'm wrong, which I often am), if the EA had a 'none' option on the trade exit criteria you could manually stack to your hearts content, or add a TF to the trade exit criteria. Then for example you could enter at the H4 signals and exit at say a cross of the daily 5sma (or HA colour change). Nothing new there, and I know you'll already be thinking of it. I also think basket trading...
Hi there Hollowhead:

Whenever I want to squeeze that juice I simply remove the EA from the chart after break-even and trade the position manually from there. By doing this I can also flip to the Higher Time-frame and exit using my desired criteria.

Keeping it simple, specifically for those among us who are new to trading and/or this system.

Cheers.
  • #431
  • Jul 23, 2017 3:53am Jul 23, 2017 3:53am
Weekend Read:

If you haven't yet read this PDF, I strongly recommend that you read Pages 17-22 (The Power of Time-frames)

Regards

Attached File(s)
File Type: pdf STRATS PASR (1).pdf   2.2 MB | 691 downloads
  • #432
  • Jul 23, 2017 7:25am Jul 23, 2017 7:25am
Hi all,

thanks for his nice thread and ea Who trade this ea on live account?

Thank you.
  • #433
  • Jul 23, 2017 11:03am Jul 23, 2017 11:03am
Hi,

I started last week week testing on SILVER. This is a set of trades that shows the Martingale in action.
Attached Image (click to enlarge)
Click to Enlarge Name: SILVERH1.png Size: 50 KB

I set the timeframe to H1 so that the trades are better visible in the screenshot. The EA is running in H4.

This week I will run it on 28 pairs (H4).
  • #434
  • Jul 23, 2017 11:37am Jul 23, 2017 11:37am
Another example for SILVER...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 17 KB

As you can see it took a SELL where I would only expect a BUY.
The trend lines clearly show an up trend. This could be because my settings are not correct. I wll have to check that.
PS: This trade was initiated on the H1 TF.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 14 KB
  • #435
  • Jul 23, 2017 12:06pm Jul 23, 2017 12:06pm
Quoting krismitt
{quote} The EA is coded to open trades at the OPEN of the HA Candle after the close of the Signal Candle. The signal Candle is the Candle that breaks and closes above/below the 5-EMA Cheers.
I understand, however does it take candle numbers into account, for example, would it enter on second candle or it's not relevant to the EA rules?
  • #436
  • Jul 23, 2017 12:57pm Jul 23, 2017 12:57pm
also what about trading times?

my 4 hour candles are 6am 10 am, 2pm and 6pm, 12pm,Uk time

I Find that its best to trade from 6am to 2pm
  • #437
  • Jul 23, 2017 1:23pm Jul 23, 2017 1:23pm
I have also noticed during testing, some candles will close below MA for example and ea will open a buy trade on next candle
  • #438
  • Jul 23, 2017 2:06pm Jul 23, 2017 2:06pm
Quoting jansb000
Hi, I started last week week testing on SILVER. This is a set of trades that shows the Martingale in action. {image} I set the timeframe to H1 so that the trades are better visible in the screenshot. The EA is running in H4. This week I will run it on 28 pairs (H4).
There is no provision in this EA for you to set the time-frame. The EA trades the time-frame of the chart on which it is placed only ("Current time-frame").

You can only dictate the Higher Timeframe Filters.

Cheers.
  • #439
  • Jul 23, 2017 2:07pm Jul 23, 2017 2:07pm
Quoting shay14
{quote} I understand, however does it take candle numbers into account, for example, would it enter on second candle or it's not relevant to the EA rules?
The rules are exactly as I have described.

Cheers.
  • #440
  • Jul 23, 2017 9:07pm Jul 23, 2017 9:07pm
Hello HP traders....

2 hours into Tokyo session ...
Attached Image (click to enlarge)
Click to Enlarge Name: 2017723.JPG Size: 37 KB


Let's have a great profitable week !!!
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