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No Guts, No Glory

  • #21
  • May 14, 2018 12:14pm May 14, 2018 12:14pm
Yeah i hope he is getting better...
R:R "Percentage Focus"
  • #22
  • May 14, 2018 12:22pm May 14, 2018 12:22pm
Thanks for everyone asked about my health.
I am on pain relievers since over a month now.
It seems like it will take more time than I initially thought.

During this time I went through a thought process as I couldn't do much coding.
I will put the good models in practice and share in corresponding threads.
No guts, no glory
  • #23
  • May 14, 2018 12:34pm May 14, 2018 12:34pm
I posted this chart today on another thread answering a question, but deleted later after the question got deleted .
Let me post it here for further study.

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


My comment on the chart was that E/U will most probably range for a while before continuing the emerging down trend.
No guts, no glory
  • #24
  • May 14, 2018 12:54pm May 14, 2018 12:54pm
I did some analysis on E/U H1 data for the last 4000 hours as a sample.
Here are some findings:
The max distance btw EMA10 and High/Low (depending on trend) was 121 pips.
The average distance btw EMA10 and High/Low (depending on trend) was 17 pips, and stddev of 12 pips.
There are 1549 readings exceed the average of 17 pips to EMA10.
If we take only the readings above the average (count 1549), and average them, the average becomes 40 pips, and stddev of 11 pips.
There are 197 readings exceed the new average of 40 pips to EMA10.

Adding the stddev of 11 pips to the average of 40 pips , gives us 51 pips away from EMA10.
Out of the 4000 readings there are 73 readings that exceeded 51 pips to EMA10.

The 4000 hours represent 33 trading weeks, so that can give us an average of 2 to 3 trades per week.
No guts, no glory
  • #25
  • May 14, 2018 1:14pm May 14, 2018 1:14pm
Quoting abokwaik
I did some analysis on E/U H1 data for the last 4000 hours as a sample. Here are some findings: The max distance btw EMA10 and High/Low (depending on trend) was 121 pips. The average distance btw EMA10 and High/Low (depending on trend) was 17 pips, and stddev of 12 pips. There are 1549 readings exceed the average of 17 pips to EMA10. If we take only the readings above the average (count 1549), and average them, the average becomes 40 pips, and stddev of 11 pips. There are 197 readings exceed the new average of 40 pips to EMA10. Adding the stddev...
Interesting stuff.
I did in the past coded an EA for backtesting purpose that was trading when price was at a certain distance from xxxEMA but the problem was in my case the aggressive money management involved.

I think you are going somewhere with this thinking and BTW I read your reply on the other thread and cough you were meaning something with the word in brackets.

Subscribed.
Regards
  • #26
  • May 14, 2018 1:31pm May 14, 2018 1:31pm
Quoting Merka
{quote} Interesting stuff. I did in the past coded an EA for backtesting purpose that was trading when price was at a certain distance from xxxEMA but the problem was in my case the aggressive money management involved. I think you are going somewhere with this thinking and BTW I read your reply on the other thread and cough you were meaning something with the word in brackets. Subscribed. Regards
When price exceeds a certain distance from a reference point (MA, Bands (MA+STDDEV), Pivot ... etc), does not necessarily mean it overshoot and will reverse, on the contrary it could mean that it has "enough" energy to continue.
No guts, no glory
  • #27
  • May 14, 2018 1:36pm May 14, 2018 1:36pm
Taking the above sample data as an example, and link it with the "Win in Trend and Win in Range of carddard", one could test trading reversals as long as price is closer than 51 pips to EMA10, and continuations when price exceeds 51 pips to EMA10.
No guts, no glory
  • #28
  • Edited 1:21pm May 17, 2018 12:35pm | Edited 1:21pm
In essence it will be a scanner based system, similar to the break of an adr high and low. So within the range we doing reversals upon confirmation and going with the trend on the break.

Or is a lot more than this, my thoughts...
Attached Image
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  • #29
  • May 18, 2018 1:34am May 18, 2018 1:34am
Something like this...
Attached Image
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  • #30
  • May 18, 2018 3:34am May 18, 2018 3:34am
Quoting PrinceJ58
In essence it will be a scanner based system, similar to the break of an adr high and low. So within the range we doing reversals upon confirmation and going with the trend on the break. Or is a lot more than this, my thoughts... {image}
Imagine this with a sprinkle of AI
No guts, no glory
  • #31
  • Sep 13, 2018 4:01am Sep 13, 2018 4:01am
some of my biggest wins have been buying into resistance and selling into support, closing the laptop and waking up in the morning to find alot of money
life is a reflection of what we allow ourselves to see
  • #32
  • Sep 29, 2018 6:22am Sep 29, 2018 6:22am
almost perfect 1 week trading

Attached Image (click to enlarge)
Click to Enlarge Name: ngng_1week_demo.png Size: 30 KB


on demo of course
No guts, no glory
  • #33
  • Sep 30, 2018 7:18am Sep 30, 2018 7:18am
Quoting abokwaik
almost perfect 1 week trading {image} on demo of course
94500 dollars that would be a nice week salery.....Wouldnt you say...
You win some you loose some do both with peace of mind
  • #34
  • Oct 2, 2018 8:05pm Oct 2, 2018 8:05pm
Quoting abokwaik
almost perfect 1 week trading {image} on demo of course
No joking around I see...
R:R "Percentage Focus"
  • #35
  • Oct 26, 2018 7:33am Oct 26, 2018 7:33am
Quoting abokwaik
almost perfect 1 week trading {image} on demo of course
update (still on demo )

Attached Image (click to enlarge)
Click to Enlarge Name: demo2.png Size: 42 KB
No guts, no glory
  • #36
  • Oct 26, 2018 7:45am Oct 26, 2018 7:45am
Quoting abokwaik
{quote} update (still on demo ) {image}
Nice going. is it N4S or manual?
Be Greedy
Dices Return This Week: na
  • #37
  • Oct 26, 2018 12:44pm Oct 26, 2018 12:44pm
Quoting AKCodingEye
{quote} Nice going. is it N4S or manual?
No it's not related to n4s. I'll explain after experiment finish (1K%).
No guts, no glory
  • #38
  • Nov 17, 2018 7:37pm Nov 17, 2018 7:37pm
How is your experiment now Bro Abokwaik. I hope it is going well .
  • #39
  • Edited 7:51am Nov 18, 2018 7:36am | Edited 7:51am
Quoting e2rd2006
How is your experiment now Bro Abokwaik. I hope it is going well .
Demo account expired. This is the latest report I took.

Attached Image (click to enlarge)
Click to Enlarge Name: rep_final.png Size: 128 KB


The account was mainly scalping DAX and Gold. During the account life (Sept 19th - Oct 30ty), DAX (as other equity indexes) was in a continuation of the down trend started in June, hence of the trades were on the short side. While Gold was mixed, but more on the long side.

The basic idea is to determine the trend using fundamentals, and fade-scalp the reversals using technicals.

Selection of volatile instruments for quick exits and less exposure.
No guts, no glory
  • #40
  • Nov 18, 2018 8:07pm Nov 18, 2018 8:07pm
Quoting abokwaik
{quote} Demo account expired. This is the latest report I took. {image} The account was mainly scalping DAX and Gold. During the account life (Sept 19th - Oct 30ty), DAX (as other equity indexes) was in a continuation of the down trend started in June, hence of the trades were on the short side. While Gold was mixed, but more on the long side. The basic idea is to determine the trend using fundamentals, and fade-scalp the reversals using technicals. Selection of volatile instruments for quick exits and less exposure.
Nice results bro., any chance to share to us here ?, thanks in advance
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