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Channel MA Short-Term System

  • #441
  • Oct 31, 2017 8:05am Oct 31, 2017 8:05am
340 net pips in six days, original version with defaults, no time restrictions.
Attached Image (click to enlarge)
Click to Enlarge Name: Channel #5.jpg Size: 483 KB
  • #442
  • Oct 31, 2017 8:15am Oct 31, 2017 8:15am
Quoting ChicagoRob
340 net pips in six days, original version with defaults, no time restrictions. {image}
hi friends , original version mean which one ?
can u please re-uploaded hear .
thanks
Regard NOOR16
  • #443
  • Oct 31, 2017 8:33am Oct 31, 2017 8:33am
Quoting Noor16
{quote} hi friends , original version mean which one ? can u please re-uploaded hear . thanks
It's actually version 1.1, so technically it's the second version. You can find it under the paperclip up top.
  • #444
  • Oct 31, 2017 8:48am Oct 31, 2017 8:48am
Quoting forexbandit7
Hi Damiend, Its good to see you are trying improve the EA, here are some suggestion ... 2 SL, close trade if the 33EMA close inside the channel, This is to suit diff trader risk appetite . ... TIA
++++++++++++++++

FYI in all of my backtesting, I found out that when "Closing" a trade, should it have a candle that closes on opposite side of channel, was terrible, when price was ranging. I would imagine it could be even worse to close inside channel. imho.

If you really want to do this, then simply move your SL to desired price.
  • #445
  • Oct 31, 2017 8:55am Oct 31, 2017 8:55am
I have a request; I'm working with Damien to create a manual for his EA. If you have any specific things you have discovered, things that were a surprise to you, or just unusual things, please note them here. It would be a help to all of us, and help in creating a comprehensive user manual.
Thanks,
Darryl

It may be best to PM me with things you have found, so we can validate, and avoid clogging up this thread with banter.
  • #446
  • Oct 31, 2017 8:59am Oct 31, 2017 8:59am
Quoting ChicagoRob
340 net pips in six days, original version with defaults, no time restrictions. {image}
+++++++++++++++++++++

Good show. Thanks for sharing. I believe last week, at one point, you only traded from Tokyo open. Now you are going 24 hours daily?
  • #447
  • Oct 31, 2017 9:28am Oct 31, 2017 9:28am
Quoting diamonddbw
{quote} +++++++++++++++++++++ Good show. Thanks for sharing. I believe last week, at one point, you only traded from Tokyo open. Now you are going 24 hours daily?
Yes, just letting it run unattended. Spreads are low during the NY session, so I may try that next.
  • #448
  • Oct 31, 2017 9:55am Oct 31, 2017 9:55am
Quoting ChicagoRob
{quote} Yes, just letting it run unattended. Spreads are low during the NY session, so I may try that next.
++++++++++++++++++++

How big are your Stones? Will you let it run over the weekend?

btw, for those not living in US, we go to Standard Time on Sunday. Clocks reset Back one hour.
  • #449
  • Oct 31, 2017 10:05am Oct 31, 2017 10:05am
Quoting diamonddbw
{quote} ++++++++++++++++++++ How big are your Stones? Will you let it run over the weekend? btw, for those not living in US, we go to Standard Time on Sunday. Clocks reset Back one hour.
I don't, generally, like to hold positions over the weekend, so my stones are small. Good reminder on Standard Time. New end/start time for the daily candle.
  • #450
  • Oct 31, 2017 10:40am Oct 31, 2017 10:40am
Picked up something strange, possibly a bug? I got the alert form the MA cross indicator for the cross over on GBPUSD, but the EA did not open any buy trade?
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2017-10-31 at 1.36.57 PM.png Size: 148 KB
Truth is like poetry. And most people f*cking hate poetry.
  • #451
  • Oct 31, 2017 11:34am Oct 31, 2017 11:34am
Quoting mrdfx
Picked up something strange, possibly a bug? I got the alert form the MA cross indicator for the cross over on GBPUSD, but the EA did not open any buy trade? {image}
Was it to far above the channel?...or do you have that turned off?
  • #452
  • Oct 31, 2017 11:37am Oct 31, 2017 11:37am
turned the EA just hour ago the GU was very quick profit
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 65 KB
  • #453
  • Oct 31, 2017 11:44am Oct 31, 2017 11:44am
I traded this method manual on Monday using 6 pairs. Throughout Monday all the pairs were in the negative and one of the 6 even hit my stop loss of -45 pips but the others ranged between 20 to 35 pips negative. I was worried and doubtful but since it's demo I decided to just let it run and guess what, today all remaining open trades, almost 24 hours later, closed in the positive.

This is a great strategy but I think as someone mentioned earlier, before you take the trade make sure that at least 2 higher time frames are also going in your direction and if so, be patient as it might take 24 to 48 hours to win the trade. Also the EA version 1.3 is doing very well too.
  • #454
  • Oct 31, 2017 12:04pm Oct 31, 2017 12:04pm
Quoting mrdfx
Picked up something strange, possibly a bug? I got the alert form the MA cross indicator for the cross over on GBPUSD, but the EA did not open any buy trade? {image}
+++++++++++++++++++++

GU was too far from opposite side of Channel. 40+ on my charts. Also your EA should have marked that candle with vertical Silver line, as on chart below.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2017-10-31 at 12.01.20 PM.png Size: 67 KB
  • #455
  • Oct 31, 2017 12:07pm Oct 31, 2017 12:07pm
Quoting diamonddbw
I have a request; I'm working with Damien to create a manual for his EA. If you have any specific things you have discovered, things that were a surprise to you, or just unusual things, please note them here. It would be a help to all of us, and help in creating a comprehensive user manual. Thanks, Darryl It may be best to PM me with things you have found, so we can validate, and avoid clogging up this thread with banter.
Many thanks again Darryl for your work on the EA manual, it will help a lot!
  • #456
  • Oct 31, 2017 12:09pm Oct 31, 2017 12:09pm
Quoting ChicagoRob
340 net pips in six days, original version with defaults, no time restrictions. {image}
Nice results, congrats ;-)
I still didn't have time to start a multipair test on my side, hopefully soon.
  • #457
  • Oct 31, 2017 12:10pm Oct 31, 2017 12:10pm
Hi all. First I want to say thanks for this very good strategy and for very good EA. For those of you who want to close trades as a basket I have 2 EA. One is to close trades at X amount of profit (which I use) , and the other one is to close at X amount of pips (didn't tested). Just install EA at any clean chart and it will close trades when reach desired amount.
Attached File(s)
File Type: mq4 close_all_at_pips_profit_1.01.mq4   2 KB | 285 downloads
File Type: mq4 closetrades_after_account_profit_reached.mq4   3 KB | 276 downloads
  • #458
  • Oct 31, 2017 1:03pm Oct 31, 2017 1:03pm
Quoting diamonddbw
{quote} +++++++++++++++++++++ GU was too far from opposite side of Channel. 40+ on my charts. Also your EA should have marked that candle with vertical Silver line, as on chart below. {image}
Did I perhaps missed a setting built into the EA that limits opening trades after a certain distance from the channel? I know about the delayed entry rule from the first post, but don't see why the EA did not open the order.

The signal was 30 pips above the channel, and if the EA had opened the trade it would have already hit the 40 pip TP.
Truth is like poetry. And most people f*cking hate poetry.
  • #459
  • Oct 31, 2017 1:25pm Oct 31, 2017 1:25pm
Does anyone have an interesting set to share? I can not create a profit set
Many thanks to the helpers
  • #460
  • Oct 31, 2017 2:13pm Oct 31, 2017 2:13pm
İ want to repeat my request for this valuable EA.

İ appreciate this EA and want to ask if coder master can add two option to this EA.

1-Lot increment when order type changes ,buy to sell or reverse
2-Close partially of all orders ,according to sumPL of closed and openned orders

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