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Pivot Trading EA

  • #201
  • Jun 7, 2018 9:52am Jun 7, 2018 9:52am
Quoting cescof
Hy and srry for the same question? Is Ea timeframe mandatory? Cause no any order till now and to try i'ce change EURGBP to tf 15... all conditions are met but no any order. Thanks Regards{image}
this is good question. in v0.51, I reduce the aggressivity. EA will only take a look from previous closed bar (shift 1 in technical explanation) to validate the trade signal.
let's test this method for the next 1 week. If the result is not ok we can take it back to normal level, but more aggressive.

til now, in v0.51 I prefer to not over trading.
  • #202
  • Jun 7, 2018 9:58am Jun 7, 2018 9:58am
Quoting akangaziz
Hi guys, I received some PM ask me to help to trade using this EA in their real account. some of them offer me to manage 10k account. this is crazy & lazy! let me share you a few things about this ea: 1. this ea is still in early testing. what we need to check is about the entry & exit. 2. once entry & exit is valid & firmed, then we should check how the EA react with the very strong trend without reversal after break R100 or S100. this is the big challenge. 3. once step 1 & 2 is passed, I will open EA for backtesting. right now, I disable the backtest....
Hey, just wanted to tell you that you are doing a good job. I have studied Davit's method for awhile....and the biggest perril is exactly what you have
identified - strong trend without reversal. That is the killer of this technique and many traders accounts have died on that.

Perhaps SL can be next Pivot level, after all partial positions are filled. So, as an example if 38, 61, 78 are filled , 100 is SL
  • #203
  • Jun 7, 2018 10:15am Jun 7, 2018 10:15am
Quoting driven18
{quote} Hey, just wanted to tell you that you are doing a good job. I have studied Davit's method for awhile....and the biggest perril is exactly what you have identified - strong trend without reversal. That is the killer of this technique and many traders accounts have died on that. Perhaps SL can be next Pivot level, after all partial positions are filled. So, as an example if 38, 61, 78 are filled , 100 is SL
I would definitely NOT use 38 as one of your first levels used. I would use 61, 78, and 100. Then if all of those levels are used THEN use the 138 level as your SL. But what you would have to do also is measure your pip distance from 61 to 138 and use that in your calculation for your Lot Size according to what Risk% you want to use.
  • #204
  • Jun 7, 2018 12:47pm Jun 7, 2018 12:47pm
Quoting bojack34
{quote} I would definitely NOT use 38 as one of your first levels used. I would use 61, 78, and 100. Then if all of those levels are used THEN use the 138 level as your SL. But what you would have to do also is measure your pip distance from 61 to 138 and use that in your calculation for your Lot Size according to what Risk% you want to use.
I don't think put SL at any level can solve the strong trend issue. even 138, 161, or 200 it will not help. ur account already die before floating trades reaches level 161, unless you add ur ammunition (adding new balance). I've tested this setting at version v0.3 and I found that this method is not effective, It will only add drawdown level to your account.

We need something that can tell us the strong trend will continue before it reaches SL. any idea how to do this?
  • #205
  • Jun 7, 2018 12:49pm Jun 7, 2018 12:49pm
v0.50

EURJPY finally landing safely after 3 days floating
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  • #206
  • Jun 7, 2018 12:51pm Jun 7, 2018 12:51pm
v0.51

good job, GU!

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  • #207
  • Jun 7, 2018 12:53pm Jun 7, 2018 12:53pm
v0.51
EU in action! can't break R100.

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  • #208
  • Jun 7, 2018 1:00pm Jun 7, 2018 1:00pm
for transparency purposes, I linked v0.51 forward test account in this thread.
just scroll up.

EA v0.50
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result so far from EA v0.50, drawdown increased because of floating trades EURJPY which is a bug because of open a trade not in S/R levels. I fixed this in v0.51
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EA v0.51
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  • #209
  • Jun 7, 2018 1:26pm Jun 7, 2018 1:26pm
v0.50

AUDUSD wins the rally. finish strong.

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  • #210
  • Jun 7, 2018 1:28pm Jun 7, 2018 1:28pm
v0.50

ranging market in NZDUSD and EA still can make a profit! total 3 cycles, equal with 300 pips!

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  • #211
  • Jun 7, 2018 1:30pm Jun 7, 2018 1:30pm
v0.50

AUDCAD. ranging market. profit from 5 cycles. 500 pips total!
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  • #212
  • Jun 7, 2018 1:32pm Jun 7, 2018 1:32pm
Hello akangazis, i started testing the ea so far so good.
Just for curiosity, what type of data are u harvesting from our mt4 acc through .dll
Help to be helped.
  • #213
  • Jun 7, 2018 1:35pm Jun 7, 2018 1:35pm
CHFJPY. even the trend is BULLISH. but the EA still can make a profit in resistance area (with open position SELL).
If you see the chart, EA wins the rally because everytime the market will create another bullish, the market will fall first before continuing the trend. this kind of market movement is very safe for EA.

as a result: 4 cycles win. equal with 400 pips!

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  • #214
  • Jun 7, 2018 1:44pm Jun 7, 2018 1:44pm
I just realized this thread becomes the hottest thread in FF now!

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  • #215
  • Jun 7, 2018 1:52pm Jun 7, 2018 1:52pm
Quoting akangaziz
I just realized this thread becomes the hottest thread in FF now! {image}
Congratz by the second hottest thread. Yea, for second place!
Buy, Sell, plus this other thing equals Profit!
  • #216
  • Jun 7, 2018 2:00pm Jun 7, 2018 2:00pm
I receive this error
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  • #217
  • Jun 7, 2018 2:04pm Jun 7, 2018 2:04pm
Quoting schizzo
I receive this error {image}
Add this URL to inclusion list <http://skycode.co.id>. Also allow web requests (URLs)
  • #218
  • Jun 7, 2018 2:15pm Jun 7, 2018 2:15pm
Quoting Vice-Regent
{quote} Add this URL to inclusion list <http://skycode.co.id>. Also allow web requests (URLs)
thank you
  • #219
  • Jun 7, 2018 2:17pm Jun 7, 2018 2:17pm
I have the error for you want to trade 0.0 lot but broker minimum is 0,1
Beware of Draghi
  • #220
  • Jun 7, 2018 2:33pm Jun 7, 2018 2:33pm
it's right?
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