@mrdfx i saw your AUDNZD closed with 25 pips profit, but my trade is still running, I'm using SIMPLE EA H4 2.set file, Did you using different set file than that 
Failure is not failure if you learn from it...
Simple Daily Trend Reversal Trading System
@mrdfx i saw your AUDNZD closed with 25 pips profit, but my trade is still running, I'm using SIMPLE EA H4 2.set file, Did you using different set file than that
Actually I don't know which from both is performing better, but for me the one that sounds really great is the configuration from FXMadness, let's see if his tests end up successfully and he wants to share his findings!
Cheers!
Building a Freedom All Time Return:
5,178.8%
- #3,303
- Mar 21, 2018 4:19am Mar 21, 2018 4:19am
Hi MRDFX and other developers of this strategy,
Thanks for bringing such tool to the life. It is really interesting and worth spending some time to test it.
What would be really interesting and most probably important to every user of the tool is documentation of the settings in one place. Most of the settings are described in this thread, however it is becoming nearly impossible to read all 166 pages
I do understand, this is a big effort, but to me as the user of the tool and other users would be really crucial to have everything in one place.
Kind Regards,
Zygis
Thanks for bringing such tool to the life. It is really interesting and worth spending some time to test it.
What would be really interesting and most probably important to every user of the tool is documentation of the settings in one place. Most of the settings are described in this thread, however it is becoming nearly impossible to read all 166 pages
I do understand, this is a big effort, but to me as the user of the tool and other users would be really crucial to have everything in one place.
Kind Regards,
Zygis
- #3,304
- Mar 21, 2018 4:28am Mar 21, 2018 4:28am
I use version 1.21 and the creation of this EA is extremely intelligent 
. I regularly read that there are still some small bugs and that not everyone gets the same signals or that positions are not all opened immediately AND at the same time.......
I also read differences between demo and live accounts. Remember that this can also be related to which broker you use. So many brokers which are using different closing times especially related to 4h and 1D charts! Don't forget this
That said, a 4h or 1D candle does not close at the same time as for someone else.
What I don't understand is the column time and news in the EA. Often I see a red marked block at news in the EA but when I look in FF for that pair in question, I see no reasons to make it a red block! Does anybody know?
And then the time block, same thing. I do not understand that either. Can someone explain to me what that has to do with it?
Never the less, great thread and a great well thought-out idea of mrfdx and made even better with the help of EBeckers with his fantastic EA who might be even better?We are going to experience it all. I am glad that there are such people who want to help others completely free.
. I regularly read that there are still some small bugs and that not everyone gets the same signals or that positions are not all opened immediately AND at the same time.......I also read differences between demo and live accounts. Remember that this can also be related to which broker you use. So many brokers which are using different closing times especially related to 4h and 1D charts! Don't forget this
That said, a 4h or 1D candle does not close at the same time as for someone else. What I don't understand is the column time and news in the EA. Often I see a red marked block at news in the EA but when I look in FF for that pair in question, I see no reasons to make it a red block! Does anybody know?
And then the time block, same thing. I do not understand that either. Can someone explain to me what that has to do with it?
Never the less, great thread and a great well thought-out idea of mrfdx and made even better with the help of EBeckers with his fantastic EA who might be even better?We are going to experience it all. I am glad that there are such people who want to help others completely free.
Keep it simple without too many crappy indicators!
- #3,305
- Mar 21, 2018 6:02am Mar 21, 2018 6:02am
- Joined May 2017 | Status: Trader | 3,885 Posts
@mrdfx i saw your AUDNZD closed with 25 pips profit, but my trade is still running, I'm using SIMPLE EA H4 2.set file, Did you using different set file than that
It's still active for me. Check TE.
Truth is like poetry. And most people f*cking hate poetry.
- #3,306
- Mar 21, 2018 6:06am Mar 21, 2018 6:06am
- Joined May 2017 | Status: Trader | 3,885 Posts
Hi MRDFX and other developers of this strategy, Thanks for bringing such tool to the life. It is really interesting and worth spending some time to test it. What would be really interesting and most probably important to every user of the tool is documentation of the settings in one place. Most of the settings are described in this thread, however it is becoming nearly impossible to read all 166 pages
My guess is you did what most of the members do here, and did not read properly the first post.
Truth is like poetry. And most people f*cking hate poetry.
- #3,307
- Mar 21, 2018 6:10am Mar 21, 2018 6:10am
- Joined May 2017 | Status: Trader | 3,885 Posts
I use version 1.21 and the creation of this EA is extremely intelligent
If you set the news filter to false you will see it is not displayed on the panel anymore.
The time filter is always active and displayed on the panel.
Truth is like poetry. And most people f*cking hate poetry.
- #3,308
- Mar 21, 2018 7:08am Mar 21, 2018 7:08am
- Joined May 2017 | Status: Trader | 3,885 Posts
I have been looking into the TE and the TP settings, until now I've been running 2 charts with different TP settings, one using the TS, and the other using RR 1:1.
Looking deeper into the statistics it seems that overall using a 1:1 RR set is not that profitable. Actually before the live test started I had started with a 1:2 RR, but noticed that it was hard to hit the targets, and many pairs would reverse before hitting TP, so I dropped it to 1:1, but noting that my hidden SL is 75 pips so most trades a 1:1 RR would mean a 75 pip TP.
Over the last months using the TS settings, it is still the most profitable setting, and hence why I am thinking of dropping the RR set. I would only use the TS settings going forward, and increase the lot size.
I'll give it till the end of this week, and then take a look again and decide, but more than likely I'll probably drop the 1:1 RR set, and just stick to using the TS set going forward.
Looking deeper into the statistics it seems that overall using a 1:1 RR set is not that profitable. Actually before the live test started I had started with a 1:2 RR, but noticed that it was hard to hit the targets, and many pairs would reverse before hitting TP, so I dropped it to 1:1, but noting that my hidden SL is 75 pips so most trades a 1:1 RR would mean a 75 pip TP.
Over the last months using the TS settings, it is still the most profitable setting, and hence why I am thinking of dropping the RR set. I would only use the TS settings going forward, and increase the lot size.
I'll give it till the end of this week, and then take a look again and decide, but more than likely I'll probably drop the 1:1 RR set, and just stick to using the TS set going forward.
Truth is like poetry. And most people f*cking hate poetry.
- #3,310
- Mar 21, 2018 7:17am Mar 21, 2018 7:17am
{quote} The time and news column are displayed to show you if they are active. If you set the news filter to false you will see it is not displayed on the panel anymore. The time filter is always active and displayed on the panel.
Keep it simple without too many crappy indicators!
- #3,311
- Mar 21, 2018 7:22am Mar 21, 2018 7:22am
- Joined Nov 2012 | Status: Coder | 8,521 Posts
Try don't lose pants never...
- #3,312
- Mar 21, 2018 8:20am Mar 21, 2018 8:20am
- Joined May 2017 | Status: Trader | 1,564 Posts
{quote} Having close by zigzag i think you dont need TP/SL. Settings in zigzag are very slow then that avoid fake exists
I am already testing with ZZ exit and that is an exit on the bare opposite ZZ signal and not waiting for the complete opposite signal.
Also just started testing exit/re-entry using zif/zaf which is the faster brother of zig/zag.
I can calculate the movement of stars, but not the madness of men. Isaac N.
- #3,314
- Mar 21, 2018 9:39am Mar 21, 2018 9:39am
Hi MRDFX and other developers of this strategy, Thanks for bringing such tool to the life. It is really interesting and worth spending some time to test it. What would be really interesting and most probably important to every user of the tool is documentation of the settings in one place. Most of the settings are described in this thread, however it is becoming nearly impossible to read all 166 pages
Failure is not failure if you learn from it...
- #3,315
- Mar 21, 2018 9:41am Mar 21, 2018 9:41am
- Joined Nov 2012 | Status: Coder | 8,521 Posts
{quote} Well, i would leave SL at zigzag, not fixed. I am already testing with ZZ exit and that is an exit on the bare opposite ZZ signal and not waiting for the complete opposite signal. Also just started testing exit/re-entry using zif/zaf which is the faster brother of zig/zag. {image}{image}
Try don't lose pants never...
- #3,317
- Mar 21, 2018 11:44am Mar 21, 2018 11:44am
- Joined May 2017 | Status: Trader | 1,564 Posts
I can calculate the movement of stars, but not the madness of men. Isaac N.
- #3,318
- Mar 21, 2018 1:32pm Mar 21, 2018 1:32pm
- Joined May 2017 | Status: Trader | 3,885 Posts
So guys I have gone ahead, and closed the chart with the 1:1 RR TP setting. I didn't want to wait till end of the week. After reviewing all the data with this TE, and other EA tests I'm running, the TS setting is ahead every time.
I closed the rest of the orders from set 2, and now I will only be running 1 chart, set 1. I have increased the lot size to compensate for the close of set 2 chart.
Attached is an update of the set file which I am using now. I have modified the TS settings a little, and disabled the news filter (taken FxMadness suggestion)
After reviewing all the data with this TE, and other EA tests I'm running, the TS setting is ahead every time.I closed the rest of the orders from set 2, and now I will only be running 1 chart, set 1. I have increased the lot size to compensate for the close of set 2 chart.
Attached is an update of the set file which I am using now. I have modified the TS settings a little, and disabled the news filter (taken FxMadness suggestion)
Truth is like poetry. And most people f*cking hate poetry.
- #3,319
- Mar 21, 2018 2:37pm Mar 21, 2018 2:37pm
- Joined Dec 2017 | Status: Trader | 3,743 Posts
So guys I have gone ahead, and closed the chart with the 1:1 RR TP setting. I didn't want to wait till end of the week.
I don't need to be good at the game, only good enough to beat my opponent,
So guys I have gone ahead, and closed the chart with the 1:1 RR TP setting. I didn't want to wait till end of the week.
tecnically @ BE because I had different signals from yours, I stopped the test early (2 weeks) BUT what I did was to split the 28 pairs into 2 categories according to
their average daily range (ADR) the one´s around and below 75 pips daily move and the others above this value.So, my SL was a hard stoploss of half this value and
no TP , just trailing. My mistake was trailing too tight although trailing EURGBP or EURCHF @ 8/10 pips distance is not so bad that trailing a GBPCAD with same values
( so maybe an add-on ATR value for trailing would be great for EA V1.23)
Winning percentage was quite good >or =75% , unfortunately little wins did not compensated the loosers and while Profit factor (PF) was green or BE for the low ADR pair selection , for the > 75 pips ADR pairs selections PF was red a little below 0,90.
Hope this info might be usefull.