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(binned per thread starter’s request) FX Rogue Wave 6.0

  • #81
  • Sep 18, 2017 6:30pm Sep 18, 2017 6:30pm
Have 3 JPY trades that I want to clear. THen while we wait for the EA to be made available by the MT4 Market, I am going to let run on Auto Trade

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  • #82
  • Sep 19, 2017 3:39am Sep 19, 2017 3:39am
Quoting ForexScotty
{quote} Thanks for the feed back. I am running two instances of MT4. 8 pairs on one, with 6 on the other. {image}
Thanks for info FxScotty...

Which min. PC configuration (Processor, RAM etc.) do you recommend in order to trade 8-10 pairs without issues?
What do you plan to reduce CPU consumption so that normal 4GB notebooks are able to trade your EA without interruptions?

Happy trading, jdva
I never lose - either I win or I learn...
  • #83
  • Sep 19, 2017 6:20am Sep 19, 2017 6:20am
Hi jdva,

Other than 30% CPU consumption, what issues interruptions are you experiencing?

The only CPU processes FX Rogue Wave has that is a continuing process are the guidelines that move with each tick and the running sequence profit on the dashboard.

I do know that since Win7/Win10 came out, 4GB does not leave a lot of room for anything, including MT4. If you notice my screen shot on post 80, My system is using 3.6GB running two instances of MT4 and nothing else.
  • #84
  • Sep 19, 2017 7:28am Sep 19, 2017 7:28am
Quoting ForexScotty
Hi jdva, Other than 30% CPU consumption, what issues interruptions are you experiencing? The only CPU processes FX Rogue Wave has that is a continuing process are the guidelines that move with each tick and the running sequence profit on the dashboard. I do know that since Win7/Win10 came out, 4GB does not leave a lot of room for anything, including MT4. If you notice my screen shot on post 80, My system is using 3.6GB running two instances of MT4 and nothing else.
PC freezes up sometimes when a big dala flow is coming in...
What main memory do you use on your Core i5 PC, my one is a i3 with 4 GB RAM main memory..
I never lose - either I win or I learn...
  • #85
  • Sep 19, 2017 7:41am Sep 19, 2017 7:41am
Quoting jdva
{quote} PC freezes up sometimes when a big dala flow is coming in... What main memory do you use on your Core i5 PC, my one is a i3 with 4 GB RAM main memory..
The processor does not seem to be as critical as memory. Memory is the lifeblood of the machine. I am running a consumer grade PC that came with 12GB.

If you are running Windows 10 - 64bit, I would at least bump it up to 8GB. As mentioned, my PC is using 3.6GB running two instances of MT4 and nothing else. That is typical regardless of what EA I am using. Win10 uses the bulk of it.
  • #86
  • Edited 2:28pm Sep 19, 2017 12:02pm | Edited 2:28pm
Good day today! Recovered from loss a couple weeks ago and new high created for account.

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  • #87
  • Sep 19, 2017 2:58pm Sep 19, 2017 2:58pm
I know I mentioned that I was going to auto trade until release, but I saw too many offset channel patterns, and small pip switch backs today to resist. Grabbed a bunch of pips.
  • #88
  • Sep 20, 2017 5:29am Sep 20, 2017 5:29am
Not so bad for 10 days...but as FxScotty says, EA is some kind of gambling :


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I never lose - either I win or I learn...
  • #89
  • Sep 20, 2017 1:51pm Sep 20, 2017 1:51pm
Had a good day with the FOMC today.

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  • #90
  • Edited Sep 21, 2017 12:39pm Sep 20, 2017 4:10pm | Edited Sep 21, 2017 12:39pm
Since using the new START and STOP button to choose trade entries based on the offset channel described in post #1, I find that i rarely hit past 4th or 5th order in sequence, I am going to play with the lot size to see if more daily profit can be earned on fewer trades in sequence to outweigh the fact that few trades in sequence equate to higher probability of losses.

As you get better and recognizing the offset channel, you can reduce risk substantially by using the Start and Stop buttons to start a trade sequence with fewer orders in sequence needed.

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Since I have been focusing only on offset channel entries using the Start and Stop buttons, I have not triggered an order higher than 5 in a week and a half. Future orders on my live account will have a limit of 4 orders. We will see how it does over the long term. If it proves valid, I can then feel comfortable with trading at a higher lot size for same account balance.

Auto Trading back test still show that 8 orders in sequence result in best equity curve.

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  • #91
  • Sep 20, 2017 5:23pm Sep 20, 2017 5:23pm
I am still running 2 year back tests on all major pairs on all hourly start times for those that want to auto trade, 20, 30, and 40 pip channels. Will post when complete.
  • #92
  • Sep 22, 2017 5:41pm Sep 22, 2017 5:41pm
Another good week.

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  • #93
  • Sep 24, 2017 4:33pm Sep 24, 2017 4:33pm
Ready for the week. Need to wait for the spreads to come down to normal levels before considering any trade entries.

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  • #94
  • Sep 24, 2017 5:11pm Sep 24, 2017 5:11pm
Quoting ForexScotty
I am still running 2 year back tests on all major pairs on all hourly start times for those that want to auto trade, 20, 30, and 40 pip channels. Will post when complete.
For AUTOTRADE functionality only.

Here is an analysis of losses during a 2 year back test based solely on start time with no other indicators. Obvious by the data below, different channel size is necessary for different pairs. Numbers represent sequence losses during test period.

MQL Data
8 Order Sequence
1 Pip spread (10 points)
20 Pip Channel
19 Pip Stop Loss

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MQL Data
8 Order Sequence
1 Pip spread (10 points)
30 Pip Channel
29 Pip Stop Loss

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MQL Data
8 Order Sequence
1 Pip spread (10 points)
40 Pip Channel
39 Pip Stop Loss

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  • #95
  • Sep 24, 2017 5:41pm Sep 24, 2017 5:41pm
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Going to try to catch a few pips on GBPJPY whipsaw.
  • #96
  • Sep 24, 2017 7:55pm Sep 24, 2017 7:55pm
Caught it

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  • #97
  • Sep 26, 2017 12:10pm Sep 26, 2017 12:10pm
Had my first trade sequence loss since September 11th yesterday. All profits recovered today.
  • #98
  • Sep 27, 2017 10:42am Sep 27, 2017 10:42am
Quoting ForexScotty
Had my first trade sequence loss since September 11th yesterday. All profits recovered today.
Are you just using a sequence of 4 and got losses on Monday on NZDUSD and today on GBPUSD...?
I never lose - either I win or I learn...
  • #99
  • Edited 1:53pm Sep 27, 2017 11:42am | Edited 1:53pm
Quoting jdva
{quote} Are you just using a sequence of 4 and got losses on Monday on NZDUSD and today on GBPUSD...?
Correct. See post #90. Sequence losses will be more frequent, but draw down is in single digits which works better for my signal subscribers. a 3-4% loss equates to about a day's earnings. As long as it does not happen every day...
  • #100
  • Edited 1:14pm Sep 28, 2017 6:52am | Edited 1:14pm
That being said, I still prefer allowing more orders in sequence as back test and live test show it to be more consistent and profitable and it fulfills my psychological need to not lose.

The difference appears obvious - last few days of 4 order trading

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Versus 8 order trading.

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