Weekly {image} {image} {image}
Can you confirm that in template 4 you're using EA v 3.3 or 3.4 ?
Daily System With BBands + MACD + Currency Strength
- #83
- Nov 19, 2017 10:50am Nov 19, 2017 10:50am
Some updates for this week's trades
Best of wishes and green pips to all this week but before the market opens few hours from now here are some important points to know in case you missed them through the posts as they are not posted in the first page.
This system is far from being perfect or results only in profit and no losses however I am confident enough in it that I've been working on this system exclusive the past 3 months or so with some very good results. With you ideas on how to improve the system and then myself putting them into the EA ( or at least try to ) we can have a very solid system.
Things to know :
1) They system doesn't work very well with TO session but performs well most of the days during LO session so unless you're trying to help improve the system you should stay away from TO hours
2) I don't work the system as a basket system but I believe it can still work that way and there are options in the EA that will enable you to use the system as such
3) Unless you know what you're doing and trying to improve the system don't work with CC option in FXM Diff as standalone filter like profile 9-14 but rather use it with other FXM indicators and options like for example 15 and 17 as it's less risky that way. Those templates were release with the intent of everyone adding their own touch and changing some settings to their liking but it seems like the majority are just trading them as they're
4) Starting this week I will only post one template and would ask everyone to do the same with me and that is template 4 using EA v3.2. I have abot 5 more templates running besides 4 and all relies on CCFP option which has given the best results and if those templates showed good potential I will release them and you can use them if you wanted.
5) Since we will using only 1 template I recommend that you add your own touch with the various settings available but most importantly the TP/SL/TS and make them tight or wide based on your liking and then let us know the results, that way we can know for sure which is the better approach
6) I know of a lot of members using the system but very few post any results or ideas or suggestions and to those members I'd say that without your ideas of reports I will never know if there is enough interest to keep introducing it to others or not. If you don't want to post ideas or reports in the thread for any reason you can always PM me
7) The new EA and indicators versions are ready but will not be released till tomorrow until I make sure they're working properly and the expiry date on them is extended
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Here is the EA v3.2 and template 4 that I request everyone to work with only this week and no other templates
Green pips to all this week
- #84
- Nov 19, 2017 10:55am Nov 19, 2017 10:55am
{quote} Yes is version 3.3
That proves that the internal logic that was used in 3.2 and then removed based on requests in later versions made a huge difference and resulted in lots more lossesTo compare again here is the report for template 4 for Friday and it shows that the internal logic in 3.2 results in fewer trades per day but also better and more accurate signals and trades
Today we had no trades for template 4 so lets hope tomorrow we get some profitable trades. On the plus side I think I better have no trades than some losing ones ROFL
Here are the updated EA and indicator :
EA v3.5 Changelog
- Orders will be opened faster now with less delay time ( It's mainly there because sometimes FXM indicator takes 10-20 seconds to get new signals )
- Internal logic to filter signals like 1/-1 is back in the EA now which should lead to much less losing trades
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Pips indicator v1.2
- Added the option to reset the Max / Min numbers when trades are closed
P.S : The whole idea behind this indicator is to show you what was the highest point the trade reached before it closes due to TP or TS and also the lowest point before it reached SL. It also shows you that in terms of pips and that is to help choose better TP/TS/SL for our trades
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As mentioned in my previous posts everyone this week should be running only template 4 with EA ver 3.2 or the new one 3.5. However I recommend adjusting the trading times and SL/TP to your own liking as you don't have to leave it on the default values I upload the template with.
If you are trying to help me improve the system then you can other template or other FXM options and if you have any ideas on how we can improve the system by maybe adding other filters or anything else let me know and I will do my best to include it in the EA
I'm testing different profiles now that all rely only on CCFP and I think it's showing some good potential and I will release them when I test them further and have more confidence in them
Here are the updated EA and indicator :
EA v3.5 Changelog
- Orders will be opened faster now with less delay time ( It's mainly there because sometimes FXM indicator takes 10-20 seconds to get new signals )
- Internal logic to filter signals like 1/-1 is back in the EA now which should lead to much less losing trades
=============
Pips indicator v1.2
- Added the option to reset the Max / Min numbers when trades are closed
P.S : The whole idea behind this indicator is to show you what was the highest point the trade reached before it closes due to TP or TS and also the lowest point before it reached SL. It also shows you that in terms of pips and that is to help choose better TP/TS/SL for our trades
=============
As mentioned in my previous posts everyone this week should be running only template 4 with EA ver 3.2 or the new one 3.5. However I recommend adjusting the trading times and SL/TP to your own liking as you don't have to leave it on the default values I upload the template with.
If you are trying to help me improve the system then you can other template or other FXM options and if you have any ideas on how we can improve the system by maybe adding other filters or anything else let me know and I will do my best to include it in the EA
I'm testing different profiles now that all rely only on CCFP and I think it's showing some good potential and I will release them when I test them further and have more confidence in them
{quote} template 4 has not opened a single transaction for the previous and current day! maybe one indicator is missing, or am I wrong?
That is a part of the reason why I posted other templates before because I know that while template 4 is the the safest one it's also the one with the least frequent trades opened. If you want to understand why it's mainly because of the internal logic I added back from EA 3.2 to 3.5 and that logic basically doesn't accept any FXM Diff results like 1/-1 and all day long yesterday all signals were only the likes of 1/-1 and there was not a single signal that had the likes of 2/-1
You should also know that I'm testing various settings for CCFP and only 2 of the templates took trades
Those were there results for yesterday ( Monday )
The first pic is for a template that also uses the internal filter in EA 3.2 but using bigger time frames and the second pic is for a template that doesn't use the EA 3.2 internal logic and can accept values like 1/-1 from FXM Diff. Although it ended up in profit but the Win to lose trades ratio is not good at all and I would like to find a way to filter more bad trades out
A very good example to show why there were no trades yesterday is by looking at EURUSD and see it swinging without a clear trend. And looking at the expect news released today I think today may also be a slow today but lets hope not
- #94
- Nov 21, 2017 10:33am Nov 21, 2017 10:33am
The result is 2 days {image} {image} {image}
{quote} this is the first template with the new version 3.4 of the EA, pattern 4 still does not open
So with your results it's clear that all other templates except template 4 which is the only template we should work with this week resulted in a loss and that is because so far there is no clear trend
This is due to the market is ranging on many of the pairs which means there is no clear strength for one the currencies
This is how it looks like the past 2 days for EURAUD and it also looks very similar on the rest of the EUR pairs and others and as you will notice it's ranging the past 2 days
I'm also testing other templates on my terminal and also they look similar to your results. Below is the img for one of them and there are about 3 other templates that have almost identical results
That's because the other templates are meant to react faster to changes in the market while template 4 which is the one we should only focus on this week is meant to focus a little bit more on longer and stronger trends and that is why it didn't take any orders the past 2 days.
This doesn't mean at all that all trades that will be taken by template 4 and EA 3.2 or 3.5 will be profitable but at least they will get MUCH better results than the other templates
So my suggestion is this : unless you are trying to use different settings for higher or lower TP/SL values for example or trying to manually use the system while adding other filters to it or maybe picking different times than mine in an attempt to improve the system, unless you're doing that then stick only to template 4 with EA 3.2 or 3.5 and even if it didn't take trades it doesn't mean it's broken and not working but it's not taking trades because there is no clear trend
- #95
- Nov 21, 2017 10:37am Nov 21, 2017 10:37am
Quick update :
Here is another template that just closed its trades for the day ( Only 1 trade ) and this template is very similar to template 4 that I'm still testing but just did very minor changes to make it react a little bit fast and still all it took was 1 trade. So I hope that explains why so far no trades have been taken by template 4 yet
Here is another template that just closed its trades for the day ( Only 1 trade ) and this template is very similar to template 4 that I'm still testing but just did very minor changes to make it react a little bit fast and still all it took was 1 trade. So I hope that explains why so far no trades have been taken by template 4 yet