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Channel MA Short-Term System

  • #521
  • Nov 2, 2017 12:05pm Nov 2, 2017 12:05pm
Quoting mrdfx
{quote} I agree damiend has done a great work voluntarily for us, it's completely natural for an EA to have bugs initially, that why we as a community of traders test together to fix whats not 100%, and work on improving things. It's only v1.3 so yes I can also agree that there are still a few bugs and things to iron out but so far we have something with a LOT of potential.
completely agree, we are all very grateful for the time and effort that Damiend has given us.
Just trying to put a kiss on the cheek of success
  • #522
  • Nov 2, 2017 12:55pm Nov 2, 2017 12:55pm
Thanks much for sharing this great strategy and thanks to those who made the EA's.

Been following this thread for a while now only reading but seems like i might improve someones results by a simple hint.

Im trading the EA in its version 1.1 (DD-channel-MA-1.1) with default settings on EU, GU, UJ, UCHF, AU, UCAD. Default TP and SL is set to 40 BUT i actual manage the trades manually on the SL. Cant put a finger on a simple rule for that but just move SL according to the last markable high/low.

Here a my results from a cent account since 7 trading days:

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PS: Seen some posts about "missed" entry. You might check your brokers spread an the EA's max spread value. That might do the trick.
  • #523
  • Nov 2, 2017 1:16pm Nov 2, 2017 1:16pm
Quoting MickeyMar
My delayed entries worked like a charm during the news today... {image}
Hi Mikey

Can't understand how do you manage to avoid the 40 pip loss in GBPJPY. I had same settings as you but the spike reach the SL.

I also want to send my support to Demian. Your EA is very good. I've been having good results for almost two weeks. We have just to test some more time and then we can go live.

Thank you all. Thank you Damien!

TONI
  • #524
  • Nov 2, 2017 1:33pm Nov 2, 2017 1:33pm
Quoting falanca
İ think this EA must be coded by another coder.Becouse logic is good but no function works properly
Please respect the work of our fellow trader cause hes doing his best , if you can do better or say some construtive critics i apreciate it too but if you just for puting down all the work please respect all of us.
The strategy is a mazing and ea is amazing too.
The Ea will take alot of time until its at his best possible but the journey is the fun part too.
MM and D i thank you for your work guys and i will try my best to add something usefull.
  • #525
  • Nov 2, 2017 2:27pm Nov 2, 2017 2:27pm
Quoting forexdaist
{quote} Hi Mikey Can't understand how do you manage to avoid the 40 pip loss in GBPJPY. I had same settings as you but the spike reach the SL. I also want to send my support to Demian. Your EA is very good. I've been having good results for almost two weeks. We have just to test some more time and then we can go live. Thank you all. Thank you Damien! TONI
++++++++++++++++++++++++++++

I usually have 2 different brokers charts going. When the GJ move happened, there was a 15 pip difference in the up move, from one to the other. That's not uncommon, and probably why you lost on that trade.
  • #526
  • Nov 2, 2017 2:29pm Nov 2, 2017 2:29pm
Quoting Dtde
Thanks much for sharing this great strategy and thanks to those who made the EA's. Been following this thread for a while now only reading but seems like i might improve someones results by a simple hint. Im trading the EA in its version 1.1 (DD-channel-MA-1.1) with default settings on EU, GU, UJ, UCHF, AU, UCAD. Default TP and SL is set to 40 BUT i actual manage the trades manually on the SL. Cant put a finger on a simple rule for that but just move SL according to the last markable high/low. Here a my results from a cent account since 7 trading...
Thanks for this Dtde, i appreciate it cuz it's live trading experience (even if on cent account). Please keep us updated!
Forexdaist - it was plain luck, actually, the order could not be filled at the requested price but much higher (due to extreme volatility), which means the 40pips SL was also higher and price didn't hit it. But just as I was lucky on this one, I was unlucky not to be filled on other GBP pairs that went flying today...
Anyway, it's pretty clear that 40pips on the volatile pairs is too little, as their channels are many times larger than that...
I will post all my test results soon, with my conclusion and the settings for live trading.
Damien, what do you think is the safest EA to trade, which version, in terms of stability and lack of bugs?
  • #527
  • Nov 2, 2017 2:47pm Nov 2, 2017 2:47pm
Quoting mrdfx
{quote} Hi damiend please see a screenshot attached. There is no message except for the alert message form the ChMaCross indicator. No the previous signal there was no trade as the parameters of the EA were different at that time. {image}
Ok thank you for the screenshots! From what I can see with your chart and your settings, it's not a bug. Let me explain again the rules implemented in the EA from MickeyMar's original strategy:

  1. The signal (cross) is valid after the candle close only (around 1.32400 on your chart, where I have drawn the bottom line)
  2. If the EA can't set the StopLoss on the other side on the channel, the entry is not valid and there won't be ay trade opened. You have set the StopLoss at 30 pips and the entry was more than 30 from what I see on your chart
  3. The EA could have opened a delayed entry in this case, but you don't use the delayed entries from what I see in your settings, you have UseDelayedEntries=false

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  • #528
  • Nov 2, 2017 2:50pm Nov 2, 2017 2:50pm
Quoting Msmaximus
{quote} Please respect the work of our fellow trader cause hes doing his best , if you can do better or say some construtive critics i apreciate it too but if you just for puting down all the work please respect all of us. The strategy is a mazing and ea is amazing too. The Ea will take alot of time until its at his best possible but the journey is the fun part too. MM and D i thank you for your work guys and i will try my best to add something usefull.
Dont missunerstand me please.İ appreciate all work here.İ only mean perhaphs other way of coding may be more suit for that logic.Just this.
  • #529
  • Nov 2, 2017 2:54pm Nov 2, 2017 2:54pm
For example MickeyMar who is the master of the idea also ask this

Damien, what do you think is the safest EA to trade, which version, in terms of stability and lack of bugs?
  • #530
  • Nov 2, 2017 2:55pm Nov 2, 2017 2:55pm
Quoting Dtde
Thanks much for sharing this great strategy and thanks to those who made the EA's. Been following this thread for a while now only reading but seems like i might improve someones results by a simple hint. Im trading the EA in its version 1.1 (DD-channel-MA-1.1) with default settings on EU, GU, UJ, UCHF, AU, UCAD. Default TP and SL is set to 40 BUT i actual manage the trades manually on the SL. Cant put a finger on a simple rule for that but just move SL according to the last markable high/low. Here a my results from a cent account since 7 trading...
Nice results, congrats and thank you for sharing it

Yes, very good point on the spread. Don't forget to check that guys, and as I remember the EA should print a debug line with the spread when it tries to open an order. It could help you to troubleshoot this kind of issue.
  • #531
  • Nov 2, 2017 3:04pm Nov 2, 2017 3:04pm
Thanks for your support guys! I appreciate.

Falanca,
Please be constructive, as everyone else tries to be in this thread.
If you find some bugs, please report it with some details. And if you want an EA with all your custom needs for tommorow, try to do it yourself or pay someone because you are not at the right place.
And of course, everyone could make and post an EA for this strategy. I don't own anything here and I would be more than happy to test another EA or collaborate.
  • #532
  • Nov 2, 2017 3:43pm Nov 2, 2017 3:43pm
I think the best thing is to perform the operations manually, many times the discussions in the forums are confused in the search an EA to do all the work. Many forums die for the ambition of a public that thinks that EA solved everything.
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  • #533
  • Nov 2, 2017 4:16pm Nov 2, 2017 4:16pm
Quoting damiend
{quote} Ok thank you for the screenshots! From what I can see with your chart and your settings, it's not a bug. Let me explain again the rules implemented in the EA from MickeyMar's original strategy: The signal (cross) is valid after the candle close only (around 1.32400 on your chart, where I have drawn the bottom line) If the EA can't set the StopLoss on the other side on the channel, the entry is not valid and there won't be ay trade opened. You have set the StopLoss at 30 pips and the entry was more than 30 from what I see on your chart The...
Thank you damiend for the clear explanation, I was not aware of the SL having to be set on the other side of the channel, I must have missed that.

I was doing some backests and had better results with 30 pip SL than 40 pip SL. Thanks again.
Truth is like poetry. And most people f*cking hate poetry.
  • #534
  • Nov 2, 2017 4:23pm Nov 2, 2017 4:23pm
MM and Damiend, are you going to let the EA run on auto through the non farm payroll etc? I will just to see how it performs. I am running the latest version.
Just trying to put a kiss on the cheek of success
  • #535
  • Nov 2, 2017 4:33pm Nov 2, 2017 4:33pm
Still searching for a filter, guys? GBP/CAD Yesterday :-)
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  • #536
  • Edited 6:37pm Nov 2, 2017 4:43pm | Edited 6:37pm
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Attachment g

And so on... i could continue with other 24 pairs. Check my previous post and let me know what do you think about this
  • #537
  • Nov 2, 2017 5:13pm Nov 2, 2017 5:13pm
i don't think too much filtering stuff is good,
why won't try monthly candles for sl of million pips
atheer sayed in his thread we trading future not past
  • #538
  • Nov 2, 2017 5:25pm Nov 2, 2017 5:25pm
Quoting MickeyMar
{image} for now these are the settings for all pairs, ...........
What should be the settings for Slippage and MaxSpreadPips....?
  • #539
  • Nov 2, 2017 5:26pm Nov 2, 2017 5:26pm
Quoting MickeyMar
{quote} Damien, what do you think is the safest EA to trade, which version, in terms of stability and lack of bugs?
Mickey,
The latest one the v1.3 is the safest, and generally speaking it will always be the latest minor version because most of the time I fix some bugs and add some optional small features between minor versions.

Regarding the bugs, I have the bug when there is high volatility to fix still (sell below channel and buy above only) so I don't advise to use the EA live yet.
For the others various bugs reported about entries not taken, I still have nothing concrete to work with, each time I checked some screenshots sent to me, I found out it was an EA config issue. But I'll make more tests for sure.
  • #540
  • Nov 3, 2017 4:02am Nov 3, 2017 4:02am
Hi,

Has anyone tested on DE30?
below 1/Nov/216-1/Nov/2017
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