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(Binned as duplicate) Auction Market Value Theory & Analytics Aut

  • #1
  • First Post: Edited May 30, 2018 1:54am May 27, 2018 9:46am | Edited May 30, 2018 1:54am
Hi.

I developed an EA based on Auction Market Value Theory & Analytics (you can check here https://www.forexfactory.com/showthread.php?t=482744), it is based on the concep of Overlay, which is a generalization of Market Profile definition.

My EA runs at the same time with 26 forex securities using one single set, so Metatrader optimization makes no sense.

I have been dealing with it for about three months, and eventually I believe I had rather good results. Using one single set on all 26 securityes, I obtained as a total result, backtesting starting since Jan 1 2017 (lot min 0.2 0.6):

TOTAL Profit 21020 EUR, 100 OK 34 NOK
% win 74.63%
av. profit 156.87

This means, starting with a 10k EUR balance, a 210% profit in about 16 months.

Here I also attach a -zip with the EA, sets, and detailed results



cheers

------------------------------
NOTE: there is an updated version in a post below
  • #2
  • Edited 10:14am May 27, 2018 9:53am | Edited 10:14am
I also developed an EA based on Market Profile, that I believe is much simpler approach respect to Overlay.
Information about this theory can be found here: https://www.forexfactory.com/showthread.php?t=277528

Nevertheless I believe this EA also has some good results in testing.

It uses a Custom Indicator (must be added to MQL4/Indicators).

If somebody is interested, I attach here a demo version to test it

here some test results:

http://fabiotest.ddns.net/usdjpy.htm
http://fabiotest.ddns.net/mp3_newset.htm

Here is the EA, sets and results in detail


cheers
Attached File(s)
File Type: zip MarketProfile.zip   164 KB | 245 downloads
  • #3
  • May 27, 2018 9:59am May 27, 2018 9:59am
For both EA, If somebody is interested in understanding how they work, I can provide information

cheers
  • #4
  • Edited 1:49pm May 27, 2018 12:26pm | Edited 1:49pm
Quoting fabiodgt
Hi. I developed an EA based on Auction Market Value Theory & Analytics (you can check here https://www.forexfactory.com/showthread.php?t=482744), it is based on the concep of Overlay, which is a generalization of Market Profile definition. My EA runs at the same time with 26 forex securities using one single set, so Metatrader optimization makes no sense. I have been dealing with it for about three months, and eventually I believe I had rather good results. Using one single set on all 26 securityes, I obtained as a total result, backtesting...
in more detail, here the test results from jan 1st 2017, with a lot size 0.2-0.6 (depending on volatility):



..............profit ok nok
EURUSD 2848 5 1
USDJPY -807 2 2
GBPUSD 2075 3 0
EURGBP 1221 3 1
AUDUSD 796 8 3
AUDJPY 1510 5 2
EURNZD 0 4 2
CADJPY 982 4 3
EURAUD -56 5 4
EURCHF 1181 3 1
CADCHF -16 3 1
GBPJPY 838 3 0
GBPNZD 77 4 1
NZDCAD 955 2 0
NZDCHF 932 3 1
NZDJPY 2097 5 0
NZDUSD 649 5 3
USDCAD 2672 6 1
USDCHF 2176 5 0
GBPCAD -637 3 1
EURJPY -112 6 3
GBPCHF 154 3 1
CHFJPY 289 4 1
AUDCAD 1196 6 2

TOTAL 21020 100 OK 34 NOK
% win 74.63%
av. profit 156.87
  • #5
  • May 27, 2018 2:03pm May 27, 2018 2:03pm
Hi fabiodgt...I'm interested in this new approach, I have dowloaded the ea...going for testing! I think this can be an important step to switch to automatic trading on AMVT concepts
thanx for sharing the robot
  • #6
  • May 28, 2018 7:30am May 28, 2018 7:30am
Quoting franzdoro
Hi fabiodgt...I'm interested in this new approach, I have dowloaded the ea...going for testing! I think this can be an important step to switch to automatic trading on AMVT concepts thanx for sharing the robot

Thanks franzdoro, I really hope you can enjoy the EA, please do not hesitate asking any question!

cheers
  • #7
  • May 29, 2018 1:01am May 29, 2018 1:01am
Quoting fabiodgt
I also developed an EA based on Market Profile, that I believe is much simpler approach respect to Overlay. Information about this theory can be found here: https://www.forexfactory.com/showthread.php?t=277528 Nevertheless I believe this EA also has some good results in testing. It uses a Custom Indicator (must be added to MQL4/Indicators). If somebody is interested, I attach here a demo version to test it here some test results: http://fabiotest.ddns.net/usdjpy.htm http://fabiotest.ddns.net/mp3_newset.htm Here is...

I also attach here a video sample of the Market Profile EA when running:

http://fabiotest.ddns.net/mp.webm

cheers
  • #8
  • Edited May 30, 2018 8:02am May 29, 2018 12:04pm | Edited May 30, 2018 8:02am
Quoting fabiodgt
Hi. I developed an EA based on Auction Market Value Theory & Analytics (you can check here https://www.forexfactory.com/showthread.php?t=482744), it is based on the concep of Overlay, which is a generalization of Market Profile definition. My EA runs at the same time with 26 forex securities using one single set, so Metatrader optimization makes no sense. I have been dealing with it for about three months, and eventually I believe I had rather good results. Using one single set on all 26 securityes, I obtained as a total result, backtesting...
I have uploaded a new version of the Overlay EA, some minor fixes.

I recommend to use this instead of the previous version

Here a sample of how the EA performs using the SAME set on different securities:
http://fabiotest.ddns.net/eurusd_V53demo.htm
http://fabiotest.ddns.net/gbpusd_V53demo.htm
http://fabiotest.ddns.net/usdchf_V53demo.htm
http://fabiotest.ddns.net/usdcad_V53demo.htm
http://fabiotest.ddns.net/nzdjpy_V53demo.htm
http://fabiotest.ddns.net/audjpy_V53demo.htm


This means that to estimate the behaviour of the EA in demo/real enviroment, you have to SUM the test results of all the 26 securities; moreover as in demo real the EA will open multiple positions in parallel, you will have a smoothing effect on the equity. As you can see from the test, DD is very small, but in real/demo it will be even smaller...it sounds good, don't you agree?

cheers

PS please when backtesting with MT4 remember: M1 timeframe (for accuracy) and "open prices only" (for performance). Also remember to load the .set included
Attached File(s)
File Type: zip Overlay28multiGapClosev531DEMO.zip   364 KB | 188 downloads
  • #9
  • May 30, 2018 2:01am May 30, 2018 2:01am
Quoting fabiodgt
{quote} I have uploaded a new version of the Overlay EA, some minor fixes. I recommend to use this instead of the previous version Here a sample of how the EA performs using the SAME set on different securities: http://fabiotest.ddns.net/eurusd_V53demo.htm http://fabiotest.ddns.net/gbpusd_V53demo.htm http://fabiotest.ddns.net/usdchf_V53demo.htm http://fabiotest.ddns.net/usdcad_V53demo.htm http://fabiotest.ddns.net/nzdjpy_V53demo.htm http://fabiotest.ddns.net/audjpy_V53demo.htm This...
Again, this means on 26 securities (test since jan 2017, lot size 0.2-0.6):

TOTAL Profit 21020 EUR, 100 OK 34 NOK
% win 74.63%
av. profit 156.87

That is, starting with a 10k EUR balance, a 210% profit in about 16 months.

cheers
  • #10
  • May 30, 2018 2:12am May 30, 2018 2:12am
So when is it for sale and how much. I am very interested to know..
  • #11
  • May 30, 2018 2:29am May 30, 2018 2:29am
Quoting genghistar
So when is it for sale and how much. I am very interested to know..
Hello, genghistar

actually there are 2 EA. I will send you a pvt message

cheers
  • #12
  • May 30, 2018 4:06am May 30, 2018 4:06am
Quoting fabiodgt
{quote} Hello, genghistar actually there are 2 EA. I will send you a pvt message cheers
Plz don't pm me post here is more than I can accept..

Hehehe
  • #13
  • May 30, 2018 4:11am May 30, 2018 4:11am
Quoting genghistar
{quote} Plz don't pm me post here is more than I can accept.. Hehehe
Hi genghistar,

please understand that I only discuss commercial matters in pvt:-)

You can reply with your best offer of course

cheers
  • #14
  • May 30, 2018 4:40am May 30, 2018 4:40am
Very good, so u r going commercial but details is private. Why and what's the difference..you have more business if more people know about your products no?
They are so many and so hard to do.

Hehe
  • #15
  • May 30, 2018 4:47am May 30, 2018 4:47am
Quoting genghistar
Very good, so u r going commercial but details is private. Why and what's the difference..you have more business if more people know about your products no? They are so many and so hard to do. Hehe
Hello,

well it's my choice. I made these EA for myself, as you can see they are running (with good profit) on my own account.

Selling the EA can be a plus, but it is not my first objective. My EA will make good profit anyway:-)

cheers
  • #16
  • May 30, 2018 5:52am May 30, 2018 5:52am
I like very much ..what rrr you use and which pairs you trade and how much you charge. Also can u do a few live calls here to convince me.

Hehe
  • #17
  • Edited 4:26pm May 30, 2018 6:30am | Edited 4:26pm
Quoting genghistar
I like very much ..what rrr you use and which pairs you trade and how much you charge. Also can u do a few live calls here to convince me. Hehe
Hello,

with the Overlay EA I trade in parallel 26 pairs. The theory I follow is rather complex, it is well described here https://www.forexfactory.com/showthread.php?t=482744, it's an evolution of Market Profile Theory described here https://www.forexfactory.com/showthread.php?t=277528,
but it needs a serious and long study to understand in deep. It's not about common indicators we all know, but it's based in understanding the market mood, that is if the present price is distant from the value that the market has "in mind"...it is not a day trader or scalping tecnique, it is rather a position technique. Normally positions are kept open for weeks,

The first thing to understand is the concept of Overlay in a specific Timeframe, in a few words is an envelope of prices in the last days, and helps understanding where the value is and if the value is stable or not.

An example of Overlay is in attach, there you can see Overlays in several timeframes (3 days, 5 days, 10 days, 15 days)

An Overlay is in "Bracket" condition when the market goes lateral...and this is calculated in my EA.

When you have Bracketing in different timeframes, it means that the price is wandering in the same "channel" since many days...this is a very interesting situation, as long stability in the market is often a signal for a future breakout.

Here is where my EA trades, looking for "too stable" conditions and waiting for them to explode! If they do, the EA uses a very smart tecnique for setting stoploss, take profit and trailing stop.

You will not find any pip to set such values in the EA, as the EA understands the best values to set them. If you run the EA in a demo, you will see that the stoploss is always hidden under a price support (also calculated with overlay tecnique), the same with trailing stop.

As I said before, as the EA adapts to market conditions, there is no need for optimization. Once you find a good set, it will be good even if market condition changes. In theory, forever...

As a proof of what I say, you will find that the same set is rather good with all 26 pairs...this is not usual in EA, don't you agree?

I understand that if you are not familiar with Overlay, Market Profile and similar things, this explanation may seem a bit confusing, but I am available to try to explain a bit more with a skype call (you can find my contact in my profile)

cheers
Attached Image (click to enlarge)
Click to Enlarge Name: WhatsApp Image 2018-05-28 at 19.04.01.jpeg Size: 288 KB
  • #18
  • May 30, 2018 10:14am May 30, 2018 10:14am
After so much details what's the risk vs reward ratio or RRR ? And price.
  • #19
  • May 30, 2018 10:34am May 30, 2018 10:34am
Quoting genghistar
After so much details what's the risk vs reward ratio or RRR ? And price.
Hello,

About rrr
-the average dd per each pair with 0.6 lot is lower than 10-13% with an initial balance 10000 eur
- As 26 pairs run together, dd lowers when runninng in real. I expect in real environment dd can be 5-10% or even less
- win % is, from testing, around 75%.
- In 15 months I expect in real about 150-200 trades, where average profit from test is around 157 eur (with 0.6) lot size. So profit is more than 20k eur
- of course higher lot size will have larger profit but also larger dd, proportionally. So I recommend to increase lot size if you also increase balance.

For.instance, balance 100k eur, lot size 6, estimated total profit.in 15 months 200k eur, dd 5-10%

Of course this.is not a guarantee, just an estimation based on test results.

About price, again, I only duscuss in private

Cheers
  • #20
  • May 30, 2018 10:46am May 30, 2018 10:46am
You wanna sell system but you don't know how to calculate RRR?
Ok never mind can you make a couple of live trade calls starting now?
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