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Forex 10 Bar Strategy

  • #161
  • Feb 6, 2018 7:50pm Feb 6, 2018 7:50pm
Quoting juraia
{quote} About the closure of all deals at the end of the session see here: https://www.forexfactory.com/showthr...9#post10736929
Because of my time zone, I think I have to have EAX running over 2 sessions.

If I have by default EAX closing trades at end of session, does that mean it will close at 23:59:59 ?? (the end of the first session)

Or will it close at 10:59:00 ?? (the end of the second session)
Attached Image
  • #162
  • Feb 6, 2018 8:25pm Feb 6, 2018 8:25pm
Quoting Zondervan
{quote} Because of my time zone, I think I have to have EAX running over 2 sessions. If I have by default EAX closing trades at end of session, does that mean it will close at 23:59:59 ?? (the end of the first session) Or will it close at 10:59:00 ?? (the end of the second session) {image}
If you are always on the option to close all deals after the end of a session, then after the end of the first session, EAX will close open deals and wait for a new session to open. In your case, you can include this option after, starting the second session. EAX will not lose the PIN signal. Do not forget to turn on the Auto button. The computer must be permanently included in both sessions.

How about this idea?
https://www.forexfactory.com/showthr...2#post10749582


Ако ти е постоянно включена опцията за затваряне на всички сделки след края на сесия, тогава след края на първата сесия, EAX ще затвори отворените сделки и ще чака отварянето на нова сесия. В твоят случай, ти можеш да включиш тази опция след, като започне втората сесия. EAX няма да загуби сигнала от PIN. Не забравяй да включиш бутона Auto. Компютъра трябва да е постоянно включен в двете сесии.

Какво ще кажеш за тази идея?
https://www.forexfactory.com/showthr...2#post10749582
  • #163
  • Feb 7, 2018 12:09am Feb 7, 2018 12:09am
Todays Trades:

Sell AUDCAD
Sell AUDJPY
Sell EURGBP
Sell EURJPY
Buy GBPAUD
Sell NZDJPY

Filtered out:
Buy EURAUD
Sell GBPJPY
Buy NZDCAD
Attached Image
  • #164
  • Feb 7, 2018 12:17am Feb 7, 2018 12:17am
very strange here are my signals shown today
Attached Image (click to enlarge)
Click to Enlarge Name: board 7Feb2018.JPG Size: 454 KB
  • #165
  • Feb 7, 2018 4:34am Feb 7, 2018 4:34am
Quoting Zondervan
{quote} Hi mrdfx GMT server time is GMT + 2 Yes they use NY close (EST 17:00) as their end of day Beginning of the week starts at GMT 22:00
Ok great so my broker server is the same as yours, so why then are there differences in pair suggestions? This clearly then isn't a broker server issue.
Truth is like poetry. And most people f*cking hate poetry.
  • #166
  • Feb 7, 2018 4:38am Feb 7, 2018 4:38am
Quoting Zondervan
Todays Trades: Sell AUDCAD Sell AUDJPY Sell EURGBP Sell EURJPY Buy GBPAUD Sell NZDJPY Filtered out: Buy EURAUD Sell GBPJPY Buy NZDCAD {image}
A lot of differences today between your suggestions and mine.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-02-07 at 10.37.12.png Size: 168 KB
Truth is like poetry. And most people f*cking hate poetry.
  • #167
  • Feb 7, 2018 5:22am Feb 7, 2018 5:22am
Signals by JagzFX_EAX_10_BAR_v1_03 at 4, 5, 6, 7, 8 GMT. Broker on GMT.
Сигнали от JagzFX_EAX_10_BAR_v1_03 в 4, 5 , 6, 7, 8 GMT. Брокер по GMT.
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Signals by JagzFX_EAX_10_BAR_v1_03 at 10 GMT +2. Broker on GMT +2.
Сигнали от JagzFX_EAX_10_BAR_v1_03 в 10 GMT +2. Брокер по GMT +2.
Sell AUDCAD
Sell EURGBP
Sell EURJPY
Buy GBPAUD
Sell NZDJPY

Interestingly, the signals exactly match those of Zondervan. There are no more signals to filter. Like Zondervan has filtered them to my broker in advance.

Интересното е, че съвпадат абсолютно точно сигналите с тези на Zondervan. Дори няма повече сигнали, които да се филтрират. Все едно Zondervan ги е филтрирал при моят брокер предварително.
  • #168
  • Feb 7, 2018 1:02pm Feb 7, 2018 1:02pm
An idea to consider .... I will start testing it tomorrow on a demo account

@Zondervan as you explained you are using EURGBP as a filter so why not we use it to enter USD trades by the same way as follows
if we receive a long trade signal for EURGBP and long signal for EURJPY we enter long on EURUSD and the more signals in EUR favor with other pairs means a better position to go long on EURUSD
and same goes for other pairs
  • #169
  • Feb 7, 2018 8:01pm Feb 7, 2018 8:01pm
Quoting Zondervan
Todays Trades: Sell AUDCAD Sell AUDJPY Sell EURGBP Sell EURJPY Buy GBPAUD Sell NZDJPY Filtered out: Buy EURAUD Sell GBPJPY Buy NZDCAD {image}
Trade Results: (I manually closed trades an hour or so before NZD central bank rate decision was released)

AUDCAD 13.8 pips
AUDJPY 19.1 pips
EURGBP 30.3 pips
EURJPY 74.7 pips
GBPAUD 3.7 pips
NZDJPY 27.2 pips

TOTAL 168.8 pips
  • #170
  • Edited Feb 8, 2018 12:24am Feb 7, 2018 8:32pm | Edited Feb 8, 2018 12:24am
Quoting newTraderOn
An idea to consider .... I will start testing it tomorrow on a demo account @Zondervan as you explained you are using EURGBP as a filter so why not we use it to enter USD trades by the same way as follows if we receive a long trade signal for EURGBP and long signal for EURJPY we enter long on EURUSD and the more signals in EUR favor with other pairs means a better position to go long on EURUSD and same goes for other pairs
Yes its always good to try out new ideas.

I think if you understand the market and how it is moving that day, then yes it is totally possible to add in other trades such as USD based pairs. But obviously every extra trade you add to the basket adds extra risk (and potential reward).

One way I thought of using the 10 bar strategy to trade a USD based currency pair was to add up the all the buys and sells and see which currency is the strongest and weakest. Then trade that one currency against the USD. If USD was strong on the day then sell the weakest against it. If USD was weak on the day, then buy the strongest.

e.g Yesterday's trades were
Sell AUDCAD
Sell AUDJPY
Sell EURGBP
Sell EURJPY
Sell NZDJPY
Buy GBPAUD

This means:
JPY had 3 buys and 0 sells - Total 3
AUD had 0 buys and 3 sells - Total -3
EUR had 0 buys and 2 sells - Total -2
GBP had 2 buys and 0 sells - Total 2
CAD had 1 buy and 0 sells - Total 1
NZD had 0 buys and 1 sell - Total -1

At London Open yesterday, USD was up against every currency except for JPY. So it was Strong overall.

AUD was the weakest with a total score of -3

So you could have taken a sell AUDUSD position at London Open and had a positive trade of around 50 pips if left till the end of the trading day and a max drawdown of only 8 pips.

So this could be a good strategy going forward.
  • #171
  • Feb 8, 2018 12:13am Feb 8, 2018 12:13am
Today's Trades:

Buy AUDJPY
Buy CADJPY

Filtered out:
Sell GBPCAD (only because of GBP rate decision later today - otherwise I think it is a good trade to take i.e fits with the CADJPY trade)
Attached Image
  • #172
  • Feb 8, 2018 6:58am Feb 8, 2018 6:58am
guys i am abusing the 10 bar strategy every hour i update the london start time on the pin to the current time so it updates the signal if i find a signal repeated i open more positions on it better more is that if a new signal appears on another pair with a common currency and in the same direction i open positions on the pair also.
@Zondervan Thank you for your great system
@Jagzuk thank you for the pins and implementation
  • #173
  • Feb 8, 2018 10:42am Feb 8, 2018 10:42am
Quoting Zondervan
Today's Trades: Buy AUDJPY Buy CADJPY Filtered out: Sell GBPCAD (only because of GBP rate decision later today - otherwise I think it is a good trade to take i.e fits with the CADJPY trade) {image}
Unfortunately my computer turned off again during the night, so my Basket SL was not triggered. When I turned on MT4 my trades were deeply in the red and the EAX immediately closed both positions. So not a good day. (I can see why a VPS is good for the EAX dashboard)

So results are worse than they should be

AUDJPY -114.2 pips
CADJPY -84.8 pips

TOTAL -199 pips
  • #174
  • Feb 9, 2018 12:08am Feb 9, 2018 12:08am
here are my signals today are these the same u are receiving
Attached Image (click to enlarge)
Click to Enlarge Name: board 9Feb2018.JPG Size: 80 KB
  • #175
  • Feb 9, 2018 12:36am Feb 9, 2018 12:36am
Todays trades:

Buy AUDJPY
Buy CADJPY
Buy EURJPY
Buy EURGBP

Filtered out: (due to EURGBP buy signal)
Buy GBPCAD
Buy GBPNZD
Buy GBPJPY
Attached Image
  • #176
  • Feb 9, 2018 12:39am Feb 9, 2018 12:39am
Quoting newTraderOn
here are my signals today are these the same u are receiving {image}
Hi newTraderOn,

Yes we seem to be getting very different signals. My guess is our broker close prices are slightly different.
  • #177
  • Feb 9, 2018 1:08am Feb 9, 2018 1:08am
Quoting newTraderOn
here are my signals today are these the same u are receiving {image}
@newTraderOn. Here are mine, similar but not identical to yours.

Attached Image


Assuming the LO time is set correctly in the PIN, I believe there are 2 causes for the differences:

1. Due to different account types, there can be small differences in the candle value between brokers. Where the candle body is very thin, this could be the difference between counting the candle a bull, or not.
2. I have testing running 2 PINS side by side on the same MT4 (so same account, etc.) and also seen an occasional difference. I think this is a timing issue. The PIN was coded to do the calculation at exactly LO time. It is a possibility that this calculation is too quick of the mark and the terminal has not yet started the LO candle. This will cause all the calculations to be shifted by 1 candle.

I'm not sure what I can do about #1?
But for #2 I will upload a modified PIN (v1.04) which adds a 10 second delay after the LO time. This may stabilize the signal a little more. Please check post #1 of my Tools thread for the update.
Always read Post #1
  • #178
  • Feb 9, 2018 1:17am Feb 9, 2018 1:17am
Quoting jagzuk
{quote} @newTraderOn. Here are mine, similar but not identical to yours. {image} Assuming the LO time is set correctly in the PIN, I believe there are 2 causes for the differences: 1. Due to different account types, there can be small differences in the candle value between brokers. Where the candle body is very thin, this could be the difference between counting the candle a bull, or not. 2. I have testing running 2 PINS side by side on the same MT4 (so same account, etc.) and also seen an occasional difference. I think this is a timing issue....
@Jagzuk regarding the timing I was going to suggest the same to delay the calculation a little bit I was going to even propose to delay it 2 or 3 minutes to make for any network lags or server delays or even your own computer being slow or anything unaccounted for as for the broker differences we have nothing to do about it
  • #179
  • Feb 9, 2018 1:33am Feb 9, 2018 1:33am
Quoting newTraderOn
{quote} @Jagzuk regarding the timing I was going to suggest the same to delay the calculation a little bit I was going to even propose to delay it 2 or 3 minutes to make for any network lags or server delays or even your own computer being slow or anything unaccounted for as for the broker differences we have nothing to do about it
I hope 10 seconds will be more than enough. The PIN is reading server time (which is sent with every tick) so at first glance you would think that would work OK. The problem may lie on the fact that the first tick after LO does not arrive simultaneously for each pair. The PIN is reading the time for the pair it is loaded on: if that pair gets it's tick before other pairs, the other calculations will be made prematurely.
Always read Post #1
  • #180
  • Feb 9, 2018 11:29am Feb 9, 2018 11:29am
Quoting Zondervan
Todays trades: Buy AUDJPY Buy CADJPY Buy EURJPY Buy EURGBP Filtered out: (due to EURGBP buy signal) Buy GBPCAD Buy GBPNZD Buy GBPJPY {image}
Ok same problem again- computer turns off during the night (even though it is set to never turn off) so basket SL not triggered.

So results are again worse than they should be.

AUDJPY -76.5 pips
CADJPY -89.1 pips
EURJPY -178.2 pips
EURGBP 65.1 pips

TOTAL -278.7 pips
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