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Forex 10 Bar Strategy

  • #181
  • Feb 9, 2018 5:37pm Feb 9, 2018 5:37pm
Analysis for the week:

This was an interesting week for the strategy. First time using the EAX dashboard and jagzuk PIN


Results for Monday 5th Feb - Friday 9th Feb
Trades opened at London Open and Closed at the end of the trading day (EST 5pm): Total 793 pips

Trades opened using EAX dashboard and closed due to computer turning off or mistakes by me: Total -72.4 pips


I have to say that the performance of the strategy was actually excellent this week. If trades were opened at London Open and closed at the end of the trading day (EST 5pm) then it did very well. However having human and computer intervention actually gave a loss for the week.

One thing that has been consistent is the strategy's ability to pick the correct EURGBP direction. In fact I think that this is the only consistent pair. The JPY pairs seem to be not very reliable after all. See below this weeks performance by currency pair from the trade explorer.
Attached Image (click to enlarge)
Click to Enlarge Name: EAXresult.png Size: 13 KB
  • #182
  • Feb 10, 2018 5:59am Feb 10, 2018 5:59am
Jagzuk updated the 10 bar strategy pin to have a small pause before pulling data from the servers. I hope this will remove any differences between our signals

check his post here
  • #183
  • Feb 10, 2018 7:43am Feb 10, 2018 7:43am
Quoting Zondervan
Results for Monday 5th Feb - Friday 9th Feb Trades opened at London Open and Closed at the end of the trading day (EST 5pm): Total 793 pips.
I did not get anywhere near this figure for the week, I even think I closed this week in a loss.

How did you secure +793 pips? These kind of differences is not good considering we using the same strategy apparently.
Truth is like poetry. And most people f*cking hate poetry.
  • #184
  • Feb 10, 2018 11:33am Feb 10, 2018 11:33am
Quoting Zondervan
Analysis for the week: This was .... One thing that has been consistent is the strategy's ability to pick the correct EURGBP direction. In fact I think that this is the only consistent pair.... {image}
Hi Zondervan,
after a couple of busy weeks I'm back with other 2 cents. As you can see EurGbp doesn't seem very reliable. In fact its daily standard deviation is always (in this time window) very high (more than 40 pips) with an average daily gain from 0 (2016) to 6.7 (2017). In this statistical framework a positive net balance it's just a heads or tails result. A variability ratio too high, for sure. On the other hand I think that your whole rules package could heavily reduces that high SD. Would you try to formalise it here, in order to set down a new, more solid, trading experiment?
Thanks, Paolo
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp 10 bars 16-17 nyc.png Size: 16 KB
  • #185
  • Feb 12, 2018 2:13am Feb 12, 2018 2:13am
Todays Trades:

Buy AUDJPY
Buy EURNZD
Buy GBPNZD
Sell NZDCAD

Filtered out:
Buy EURAUD
Buy EURCAD
Buy GBPAUD
Attached Image
  • #186
  • Feb 12, 2018 2:15am Feb 12, 2018 2:15am
my signals for today
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  • #187
  • Feb 12, 2018 2:33am Feb 12, 2018 2:33am
Broker GMT +2
Attached Image


Broker GMT 0
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  • #188
  • Feb 12, 2018 4:53am Feb 12, 2018 4:53am
Still lot of differences between pairs. It seems no one has the same suggestions each time no matter even if the broker has the same server feed.

This is really something that needs to be figured out or we will all be getting different results from the OP everyday.
Truth is like poetry. And most people f*cking hate poetry.
  • #189
  • Feb 12, 2018 9:56pm Feb 12, 2018 9:56pm
Quoting Zondervan
Todays Trades: Buy AUDJPY Buy EURNZD Buy GBPNZD Sell NZDCAD Filtered out: Buy EURAUD Buy EURCAD Buy GBPAUD {image}
Results:

AUDJPY 45.8 pips
EURNZD 42.8 pips
GBPNZD 19.5 pips
NZDCAD -8.9 pips

TOTAL 99.2 pips

I have reset the trade explorer to start again this week (so I can compare with last week)
  • #190
  • Feb 13, 2018 2:13am Feb 13, 2018 2:13am
Today's trades: (using latest jagzuk 10 bar strategy PIN v4)

Buy EURCAD
Buy EURAUD
Buy GBPCAD
Buy NZDCAD
Sell CADJPY
Sell AUDJPY

Filtered out:
Buy AUDCAD
Sell GBPJPY
Sell NZDJPY
Attached Image (click to enlarge)
Click to Enlarge Name: EAXpin.png Size: 37 KB
  • #191
  • Feb 13, 2018 2:17am Feb 13, 2018 2:17am
today signals
Attached Image (click to enlarge)
Click to Enlarge Name: board 13Feb2018.JPG Size: 78 KB
  • #192
  • Feb 13, 2018 2:26am Feb 13, 2018 2:26am
these are the signals after i closed and restarted mt4.... the signal is driving me crazy

guys can anyone close mt4 and restart it and see if the signals are the same

@Zondervan can u please check the signals manually by excel and tell us the result
Attached Image
  • #193
  • Feb 13, 2018 2:30am Feb 13, 2018 2:30am
Quoting newTraderOn
today signals {image}
Seem to be quite similar trading pairs today. Just have to work out which pairs to filter. I normally just take out pairs that have currencies that trade against each other.

Have you been filtering trading pairs? If so, how have the trades worked out? Also what have you been using as an exit strategy?
  • #194
  • Feb 13, 2018 2:38am Feb 13, 2018 2:38am
Quoting newTraderOn
these are the signals after i closed and restarted mt4.... the signal is driving me crazy guys can anyone close mt4 and restart it and see if the signals are the same @Zondervan can u please check the signals manually by excel and tell us the result {image}
The signals can be checked just by checking the experts tab and counting the actual bullish candles on the 1 hour chart.

But it would be better if the PIN indicator displayed all the trading pairs and their expected and actual numbers. I have asked jagzuk about this and he will perhaps work on this type of display.
  • #195
  • Feb 13, 2018 2:56am Feb 13, 2018 2:56am
Quoting paoloprimus
{quote} Hi Zondervan, after a couple of busy weeks I'm back with other 2 cents. As you can see EurGbp doesn't seem very reliable. In fact its daily standard deviation is always (in this time window) very high (more than 40 pips) with an average daily gain from 0 (2016) to 6.7 (2017). In this statistical framework a positive net balance it's just a heads or tails result. A variability ratio too high, for sure. On the other hand I think that your whole rules package could heavily reduces that high SD. Would you try to formalise it here, in order to...
Hi paoloprimus,

I appreciate the effort you have gone to regarding testing EURGBP. I think the whole rules package is still under development. I think this system still needs some sort of human intervention to filter out trades.


But at the moment the rules I follow for EURGBP is as follows-

Find the expected number for EURGBP by looking at EURUSD number of Bullish bars vs GBPUSD number of Bullish bars.
If the actual number of bullish bars of EURGBP is above 5 AND above the expected number then BUY
If the actual number of bullish bars of EURGBP is below 5 AND below the expected number then SELL

I enter the trade 5 minutes after London Open
I close the trade 15 minutes before end of trading day (EST 5pm)

I hope that helps??
  • #196
  • Feb 13, 2018 4:32am Feb 13, 2018 4:32am
Quoting Zondervan
{quote} Seem to be quite similar trading pairs today. Just have to work out which pairs to filter. I normally just take out pairs that have currencies that trade against each other. Have you been filtering trading pairs? If so, how have the trades worked out? Also what have you been using as an exit strategy?
trades are very good with your system i am even applying the same filtering rules as u mentioned before starting by EURGBP then moving on to JPY pairs the problem is i couldnt give u solid figures since i am trying different ideas related to ur strategy for example
- I attached another copy of the pin but i set the time to NY open time if the same signal repeats similar to the LO i add more positions to the same trade
- I am experimenting with entries on the USD pairs but results are not consistent with more failures than wins
- Exit strategy, currently i am trying 2 things either a set amount of win pips around 40 to 50 pips if not achieved i follow the master plan by exiting at the end of the day. the other exit strategy is using the dashboard indicators shown in the attached screenshot
ADR average daily range
CDR current daily range
PSO pips since daily open
i set the take profit when the PSO is equal to the CDR in direction of the trade and i was considering to set the stop loss to half this value
Attached Image (click to enlarge)
Click to Enlarge Name: EXIT.JPG Size: 156 KB
  • #197
  • Feb 13, 2018 4:59am Feb 13, 2018 4:59am
Quoting Zondervan
{quote} The signals can be checked just by checking the experts tab and counting the actual bullish candles on the 1 hour chart. But it would be better if the PIN indicator displayed all the trading pairs and their expected and actual numbers. I have asked jagzuk about this and he will perhaps work on this type of display.
Yep, I aim to add an information panel in the next version of the PIN.
Always read Post #1
  • #198
  • Feb 13, 2018 5:02am Feb 13, 2018 5:02am
Quoting Zondervan
Today's trades: (using latest jagzuk 10 bar strategy PIN v4) Buy EURCAD Buy EURAUD Buy GBPCAD Buy NZDCAD Sell CADJPY Sell AUDJPY Filtered out: Buy AUDCAD Sell GBPJPY Sell NZDJPY {image}
Many different pairs again. I would really like to figure this issue out..
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-02-13 at 09.00.06.png Size: 182 KB
Truth is like poetry. And most people f*cking hate poetry.
  • #199
  • Feb 13, 2018 9:22pm Feb 13, 2018 9:22pm
Quoting Zondervan
Today's trades: (using latest jagzuk 10 bar strategy PIN v4) Buy EURCAD Buy EURAUD Buy GBPCAD Buy NZDCAD Sell CADJPY Sell AUDJPY Filtered out: Buy AUDCAD Sell GBPJPY Sell NZDJPY {image}
Trade results:
EURCAD 71.3 pips
EURAUD 62.1 pips
GBPCAD 44 pips
NZDCAD 5.9 pips
CADJPY 11.7 pips
AUDJPY 6.5 pips

TOTAL 201.5 pips

A pretty good result
  • #200
  • Feb 14, 2018 2:10am Feb 14, 2018 2:10am
Today's trades (using jagzuk PIN v3)

Buy EURGBP
Buy EURCAD

Filtered out:
Sell EURJPY
Attached Image (click to enlarge)
Click to Enlarge Name: EAXpin.png Size: 32 KB
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