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ICWR Strategy and AutoTrader

DAY 4 TEST RESULTS

Dashboard results for yesterday. At about 20.45pm (UK Time, that is GMT+1), I turned on Auto Trading for all the pairs in the Dashboard, using the "Standard" option and left it overnight. £3 loss. Traded 0.01 lots.

Attached Image (click to enlarge)
Click to Enlarge Name: XIMA-ICWR Dashboards Day4.PNG Size: 42 KB
Quoting pipsy7
hi Rob , PLZ could u Xplain this " So far, all three of my baskets " = does it means that u put this EA on diff't pairs ? and did u started this EA @ Asian session ? TIA for ur response m8
I look for pairs that have matching up or down arrows for RSI and STO, in the first two columns, and then click the corresponding BUY/SELL buttons to initiate the trades. This is my basket. The basket can be any number of pairs that meet the trade criteria. I have the basket TP set for $10, so I let the EA close the trades.

You only need to put the EA on one chart, which is standard for any dashboard. I go into chart properties and choose NONE for all the inputs, so it ends up black.

I haven't really made any attempts to find which session is the best, but NY seems to do well. I just experimented with H4 settings for RSI and STO and that basket also hit my $10 TP. These are all Dare Me trades - if you want to go with Standard
trades, you'll have to set MA to True, along with RSI and STO.
Quoting ChicagoRob
{quote} I look for pairs that have matching up or down arrows for RSI and STO, in the first two columns, and then click the corresponding BUY/SELL buttons to initiate the trades. This is my basket. The basket can be any number of pairs that meet the trade criteria. I have the basket TP set for $10, so I let the EA close the trades. You only need to put the EA on one chart, which is standard for any dashboard. I go into chart properties and choose NONE for all the inputs, so it ends up black. I haven't really made any attempts to find which session...
If you select autotrade=true, it will select for you. Also, you can setup sessions for LO and NYO. The time you enter is based on local time..FYI
Quoting ChicagoRob
{quote} I look for pairs that have matching up or down arrows for RSI and STO, in the first two columns, and then click the corresponding BUY/SELL buttons to initiate the trades. This is my basket. The basket can be any number of pairs that meet the trade criteria. I have the basket TP set for $10, so I let the EA close the trades. You only need to put the EA on one chart, which is standard for any dashboard. I go into chart properties and choose NONE for all the inputs, so it ends up black. I haven't really made any attempts to find which session...
-------7

thx , soo u hav Never 3 basket @ d same time runnin right = that was throwin me off
da n0o0b + $hit_Disturber
Quoting ranger_lp
{quote} If you select autotrade=true, it will select for you. Also, you can setup sessions for LO and NYO. The time you enter is based on local time..FYI
Yes, that is correct. I prefer to enter the trades manually, because I check for spread and other parameters. I started using this DB a long time ago, when it was first introduced by GVC in the Platform forum. It's a great DB and very flexible. Thanks for bringing me full circle with this trading tool.
Quoting pipsy7
{quote} -------7 thx , soo u hav Never 3 basket @ d same time runnin right = that was throwin me off
Right, just one basket.
@ranger , if i put ur EA on 3 diff't TF - EU h1 , EU H4 , EU daily = will i hav 3 diff't baskets and will that make changes into d baskets ?
da n0o0b + $hit_Disturber
Very Nice!! thanks to everybody for their contributions!
Mother of Pips
Quoting pipsy7
@ranger , if i put ur EA on 3 diff't TF - EU h1 , EU H4 , EU daily = will i hav 3 diff't baskets and will that make changes into d baskets ?
The way to do that is to have 3 EAs, one on each chart. Set all the TFs on the first EA to H1, second EA all TFs to H4, and third EA all TFs to D1. Make sure each EA has a different Magic Number. I've tested the dashboards I've worked on in a similar manner. You now have 3 different baskets.

You also can have different sessions on each dashboard so you can start one session at London Open and close before NY Open, and start another one just after NY Open and close around London Close for example.
I've tested the dashboards I've worked on in a similar manner. = were you Happy with d outCome [results] ?
da n0o0b + $hit_Disturber
Quoting pipsy7
I've tested the dashboards I've worked on in a similar manner. = were you Happy with d outCome [results] ?
Depends on the dashboards...some were good and some were awful....
Hit target of $20 using Dare Me strategy....started @ LO

Attached Image (click to enlarge)
Click to Enlarge Name: icwr_dash_dare1012.PNG Size: 120 KB
thanks for postin , was that on Live acct. or not yet ? Where can i see avg lot_size ?
da n0o0b + $hit_Disturber
Quoting pipsy7
thanks for postin , was that on Live acct. or not yet ? Where can i see avg lot_size ?
Not yet. I think that's a decent result....yesterday it was similar but less DD.

Attached Image (click to enlarge)
Click to Enlarge Name: dare1012results.PNG Size: 22 KB
Interesting rsult when run 3db D1H4H1 dare set, but need furher testing bcause rsult might be random..run from TO and equity tp $30..
https://www.myfxbook.com/members/pok...-tp-30/2286915
Hello pipsqueen, and everyone.
I have been variable testing the hell out of this EA and am still doing so, but I have run into some bug issues but as of now with the dare trades set the RSI to 1D and the Stoch to an average of the 1H,4H, and 1D and for a buy the Main>Signal, sell= Main<Signal.

I have got the best results with these settings and lower drawdowns.
Dare Me 1H LO...$26 drawdown...

Attached Image (click to enlarge)
Click to Enlarge Name: dare1013results.PNG Size: 22 KB
hey guys, everybody keeps using the Dare Me Trades, but IMO, and as the name implies, which are riskier than the standard trades. but what this means is that you are "probably" opening a trade on the impulse AND on the regression. well we should know that the regression is usually not as long as the impulse. so IF you are not using a small TP like 5, 10 or 15 pips, the trades in the regress direction will probably not be profitable.

so even though using Standard trades will open less trades for you, it is probably the better bet because all trades SHOULD be in the overall direction and should go longer (more profitable) and probably all winners.

just watch a pair for a few days and see how the RSI relates to the STOCH. you can see this on any chart.

so, DARE ME trades = more trades, shorter lengths so MUST use small TP
STANDARD trade = less trades, LONGER lengths so larger pip gain and hopefully all winners(except if you get caught in some contrary news).

ALSO, this strategy is probably better suited to the asian market since it is less volatile than the others. so a time filter might work better, or using the dare me trades in asian market only and standard trades in LO and US markets. also, care must be taken on which pairs you are trading. usejpy is much more volatile than eurusd, for example.

as rob said, he is using it manually. care must be taken on "when" you turn an autotrade on. you can turn on the pairs that are going to be in the correct conditions while you are sleeping or happening during work. i dont think this is a "turn on all the buttons and let it go!" dash. we should still be "babysitting" our charts. just my opinion....

see post 202 for a pic.....
Mother of Pips
Hi...someone suggested the ability to reverse trades as a strategy....

Again DEMO only....

Attached File(s)
File Type: ex4 Dashboard - Ultimate v101_ICWR_v2.ex4   218 KB | 326 downloads
Quoting pipqueen18
hey guys, everybody keeps using the Dare Me Trades, but IMO, and as the name implies, which are riskier than the standard trades. but what this means is that you are "probably" opening a trade on the impulse AND on the regression. well we should know that the regression is usually not as long as the impulse. so IF you are not using a small TP like 5, 10 or 15 pips, the trades in the regress direction will probably not be profitable. so even though using Standard trades will open less trades for you, it is probably the better bet because all trades...
I ran a big comparison this morning on the London open: H1-Dare Me, H4-Dare Me, D1-Dare Me, and H1 Standard. Didn't get one trade on Standard. I'll test it out a few more times, just to give it a fair shake.
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