EURJPY M15 system 80%+ | Page 16 | Forex Factory

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EURJPY M15 system 80%+

  • #301
  • Feb 22, 2018 5:07pm Feb 22, 2018 5:07pm
Thank you ForexFactory for being classy and quickly addressing the racist remark.
Now let’s continue to enjoy concentrating on forex!!
  • #302
  • Feb 23, 2018 12:05am Feb 23, 2018 12:05am
Quoting yumnyap
{quote} Hi StayFoolish, 1. Are you able to add only until a certain timing then the position will be triggered? 2. It seems like the position will be close (profit / loss) once it reach a certain hour. Is it because it is creating a new box therefore my position has to be closed no matter what? In that case, are you able to twig the EA to let it continue to run till it hits profit/loss instead of closing it immediately when creating new box? Thanks for the EA!

Hi Yumnyap,

Do you mean opening a delay market order after the candle closed above/below box?
  • #305
  • Feb 23, 2018 10:17am Feb 23, 2018 10:17am
Quoting StayFoolish
{quote} Hi Yumnyap, Do you mean opening a delay market order after the candle closed above/below box?

Yes. E.g, the position will only trigger 6 hours after the box is created. 6 hours later and must be outside of the box after the candle close.
  • #306
  • Feb 24, 2018 7:10am Feb 24, 2018 7:10am
I tested the EA. Here's the results below.
Attached Image (click to enlarge)
Click to Enlarge Name: test results.JPG Size: 169 KB
  • #307
  • Feb 24, 2018 7:38am Feb 24, 2018 7:38am
I also tested the EA for GBPUSD for 1 year round. Here's the results on attachment.
Attached Image (click to enlarge)
Click to Enlarge Name: test results 2 gbpusd.JPG Size: 117 KB
  • #308
  • Feb 24, 2018 12:38pm Feb 24, 2018 12:38pm
Those results are very encouraging...thanks for posting, TheBestMA!
  • #309
  • Feb 24, 2018 5:26pm Feb 24, 2018 5:26pm
thanks for the updated EA Stayfoolish.

One thing I am confused about, is the EA intended still for H1 chart as mentioned earlier? As the original system is M15 system. Any clarification from anyone would be appreciated

thanks, blam


Quoting StayFoolish
{quote} Update - v2.1a: - bug fixed with the lot size issue. see attached EA v2.1 - limit order will be placed at the highest/lowest of the box plus the "TradeBufferPip". {file}
  • #310
  • Feb 25, 2018 12:18am Feb 25, 2018 12:18am
Hello..

Thank you for TS and EA contributor..
I would like to contribute as well to this community
Here is my set ( rename .txt to .set - since I cant upload .set file )

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot4.png Size: 30 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 39 KB


Attached File(s)
File Type: txt Break Out V2.1 - EJ H1 1000USD_2.txt   3 KB | 684 downloads
More WD Less Depo
  • #311
  • Feb 25, 2018 12:41am Feb 25, 2018 12:41am
Quoting TheBestMA
I tested the EA. Here's the results below. {image}
Thanks for sharing your results. Good to see more people showing proof of the validity of this system and thanks to StayFoolish for his amazing work with the EA.
Grind until you no longer have to introduce yourself. 4:30am club
  • #312
  • Feb 25, 2018 1:11am Feb 25, 2018 1:11am
Quoting TheBestMA
I tested the EA. Here's the results below. {image}
Can you share the setting?
  • #313
  • Feb 25, 2018 1:11am Feb 25, 2018 1:11am
Quoting Fxmd
{quote} Thanks for sharing your results. Good to see more people showing proof of the validity of this system and thanks to StayFoolish for his amazing work with the EA.
Actually, we should thank you. By the way, as far as I can see, TP ratio of 2 and SL ratio of 1 give better results. And the best pairs are as follows; eurjpy, gbpusd, euraud, gbpchf.
  • #314
  • Feb 25, 2018 3:37pm Feb 25, 2018 3:37pm
Dear EA testers,
Do you test box size of 4 (as Fxmd researched) or 6 hours?
Thanks!
Just an opinion. Based on research
  • #315
  • Feb 25, 2018 3:53pm Feb 25, 2018 3:53pm
Hello everyone!

I stumbled upon this thread and I was curious about this method so I wanted to give it a try.

I'm a developer and I built my own backtesting software, because I really don't trust commercial ones, especially due to the very low precision with old data.

So I prepared my backtesting lab with tick by tick data since 2009. I coded this strategy in the system and these are the results in the period from 2016-01-01 to 2018-01-31:

On 280 trades, 143 were profitable, so 51,07% of success, with an overall P/L of 216,15 pips (the broker spread is already included in this case).

From this data and the chart, I can tell there is a high probability of being a zero sum game. Although in the last few months, starting from November 2017 the system performed really well.

I coded the strategy with the rules from the first post, without any improvement. I don't want to discourage anyone, I will try to backtest the system with different configurations using the improvements that You talked about. At the moment in my opinion, it's really difficult to see an "edge" in this system.

Let's keep trying and see what happens
Attached Image (click to enlarge)
Click to Enlarge Name: result.png Size: 49 KB
  • #316
  • Feb 25, 2018 5:42pm Feb 25, 2018 5:42pm
Quoting GavynSykes
Hello everyone! I stumbled upon this thread and I was curious about this method so I wanted to give it a try. I'm a developer and I built my own backtesting software, because I really don't trust commercial ones, especially due to the very low precision with old data. So I prepared my backtesting lab with tick by tick data since 2009. I coded this strategy in the system and these are the results in the period from 2016-01-01 to 2018-01-31: On 280 trades, 143 were profitable, so 51,07% of success, with an overall P/L of 216,15 pips (the broker spread...

I stumbled upon this as well a few days ago and spent a big chunk of the weekend back testing. I found that varying the target size in relation to the risk served well. I tested from 2.5R to a 1R depending on the size of the "box".

Also noticed that often times when the position fails in one direction, it will turn and perform beautifully in the other. Again this was qualified with the initial size of the box.

Then another thought i will be using in the weeks ahead is combining the "BOX" with currency strength and S/D. Figure this will add to the edge.

I think the box has a lot of potential, not sure if it can be coded and traded as a robot.

My testing from May to present using the various size rewards and reversing the position on an initial failed trade. No consideration for currency strength or S/D. yielded 87R to the negative. 139R to the positive. So I think the results can be improved with a little manual trading.

Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #317
  • Feb 25, 2018 6:09pm Feb 25, 2018 6:09pm
Quoting Rufus
{quote} I stumbled upon this as well a few days ago and spent a big chunk of the weekend back testing. I found that varying the target size in relation to the risk served well. I tested from 2.5R to a 1R depending on the size of the "box". Also noticed that often times when the position fails in one direction, it will turn and perform beautifully in the other. Again this was qualified with the initial size of the box. Then another thought i will be using in the weeks ahead is combining the "BOX" with currency strength and S/D. Figure this will add...
I tried also to change the R/R to 2:1 but the problem is that the majority of the trades will last the whole day. When You say 2.5R You mean using a TP that is 2.5 times the box size?
  • #318
  • Edited 10:04pm Feb 25, 2018 7:08pm | Edited 10:04pm
Quoting GavynSykes
{quote} I tried also to change the R/R to 2:1 but the problem is that the majority of the trades will last the whole day. When You say 2.5R You mean using a TP that is 2.5 times the box size?
Yes. But it varied on the size of the box. Taking in consideration the ATR.

15-19 pip box 2.5R
20-25 pip box 2R
26-35 pip box 1.5R
36-45 pip box 1R

Did not reverse the position on anything over a 40 pip box.

Saw also that if the position was not complete by the US open it seemed to be best to either move the stop to BE or close the position if it was not in profit...

I am looking forward to watching this in relation to currency strength and S/D zones. I think it will improve the edge even more.

Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #319
  • Feb 25, 2018 7:14pm Feb 25, 2018 7:14pm
Quoting GavynSykes
{quote} I tried also to change the R/R to 2:1 but the problem is that the majority of the trades will last the whole day. When You say 2.5R You mean using a TP that is 2.5 times the box size?
I see I can't message you. Shoot me one. I would be interested in automating it. Might include something about currency strength in relation to target size. Going to watch this for a spell and see if my thoughts are valid.
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #320
  • Feb 25, 2018 7:23pm Feb 25, 2018 7:23pm
Quoting Rufus
{quote} I see I can't message you. Shoot me one. I would be interested in automating it. Might include something about currency strength in relation to target size. Going to watch this for a spell and see if my thoughts are valid.
I don’t know why. Maybe because I’m still a junior member.

By the way, next to my backtesting platform I have also my trading daemon, so basically I’m ready to use the strategy in a fully automated environment. If We can improve the edge I think this could be a really good strategy. I will try to code Your suggestions and will see the results... Thanks
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