Here is my AITG_DM_SD_TS_v8c from last night.
Up 19.56% for the week so far, one more day to go.
Up 19.56% for the week so far, one more day to go.
Stress Free Automated Trading Systems
- #582
- Jul 12, 2018 1:22pm Jul 12, 2018 1:22pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Sneak Peak at AITG_SUP_DEM_BO_TS_v8c
This is a possible future TS that I am testing, it is a combo of the DM and SUP_DEM TSs.
It uses the SUP_DEM to confirm a BO of the Trend Line.
I am looking for very few trades but the trades to be better so the lot size can be increased because of the better and safer trades.
Also, because we now have better trades we can add to these trades as they progress and increase the profit potential even more.
Also in this case we had very low draw down which happens when you have better trades.
Here are a couple shots from last night.
This is a possible future TS that I am testing, it is a combo of the DM and SUP_DEM TSs.
It uses the SUP_DEM to confirm a BO of the Trend Line.
I am looking for very few trades but the trades to be better so the lot size can be increased because of the better and safer trades.
Also, because we now have better trades we can add to these trades as they progress and increase the profit potential even more.
Also in this case we had very low draw down which happens when you have better trades.
Here are a couple shots from last night.
Sneak Peak at AITG_SUP_DEM_BO_TS_v8c This is a possible future TS that I am testing, it is a combo of the DM and SUP_DEM TSs. It uses the SUP_DEM to confirm a BO of the Trend Line. I am looking for very few trades but the trades to be better so the lot size can be increased because of the better and safer trades. Also, because we now have better trades we can add to these trades as they progress and increase the profit potential even more. Also in this case we had very low draw down which happens when you have better trades. Here are a couple shots...
Look forward to the possible new combined TS
- #584
- Jul 12, 2018 6:37pm Jul 12, 2018 6:37pm
{quote} Looking Great! Im with you on the fewer safer trades. More than happy to put money in the market with it being a bit less hectic. Have been playing with the HM240 and the SUPDEM and using the HM240 as an extra filter ...... definitely fewer trades. Need to see how that goes over a period of time. Look forward to the possible new combined TS
I have thought about using the SupDem together with the HM also however when you think about it logically that idea does not make sense.
The HM looks at pairs that are TRENDING strongly in a particular direction whereby the SupDem is more or less a COUNTERTREND direction trading system.
I haven't tried it but if you were to use the HM as a filter then I'd suggest that the trade is likely to waffle around for some time.
You could try setting the HM to a much lower TF then the SupDem and wait for a countertrend 'burst' and see if that works.
{quote} Hi Matt, I have thought about using the SupDem together with the HM also however when you think about it logically that idea does not make sense. The HM looks at pairs that are TRENDING strongly in a particular direction whereby the SupDem is more or less a COUNTERTREND direction trading system. I haven't tried it but if you were to use the HM as a filter then I'd suggest that the trade is likely to waffle around for some time. You could try setting the HM to a much lower TF then the SupDem and wait for a countertrend 'burst' and see if...
Yes definitely agree. Where I was heading with it was basically to use it for the Stepping entries on the SUP DEM only in line with the trend. Yes this will cut down the number of trades but will be taking SUP DEM trades in line with the underlying trend (Hopefully ha).
I'm trying to build a bunch of tools that on their own don't necessarily trade a lot however collectively working together to pull pips/profit form the market. The idea being that hopefully each tool is less risky and less exposed and more defined in the trades they take.
I definitely like the HM240 on its own but can get into DD fairly easily so I like what Lawrence is doing with the hedging of this. Yet another tool and again hopefully a little more defined.
- #589
- Jul 13, 2018 12:22am Jul 13, 2018 12:22am
- | Joined Sep 2015 | Status: Trader | 1,863 Posts
Sneak Peak at AITG_SUP_DEM_BO_TS_v8c This is a possible future TS that I am testing, it is a combo of the DM and SUP_DEM TSs. It uses the SUP_DEM to confirm a BO of the Trend Line. I am looking for very few trades but the trades to be better so the lot size can be increased because of the better and safer trades. Also, because we now have better trades we can add to these trades as they progress and increase the profit potential even more. Also in this case we had very low draw down which happens when you have better trades. Here are a couple shots...
In the meantime here is the result of my 2nd run yesterday with SupDem 4hr
Let's see if we can extract a good early result out of terrible Friday....
- #590
- Jul 13, 2018 7:56am Jul 13, 2018 7:56am
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Done for the week.
Here is last nights DM_SD one and done, 25% account gain for the week.
Here is the second night test of the Combo DM and SUP DEM.
2 add on trades
Here is last nights DM_SD one and done, 25% account gain for the week.
Here is the second night test of the Combo DM and SUP DEM.
2 add on trades
- #592
- Jul 13, 2018 4:06pm Jul 13, 2018 4:06pm
- | Joined Sep 2015 | Status: Trader | 1,863 Posts
Bad day for my setups on terrible Friday, which I don't trade on normally with a live account.
4hr SupDem, very deep sea of Red, mostly from just a few trades. This is what can happen when the Add-to reverses after the third trade.
4hr Demark also in the Red. The chart was reset, when I changed the chart from Daily to 4Hr, in an attempt to get the Basket to trade out.
The only setup that recovered most of the large DD was my external EA hedging setup. The large DD is expected with a hedging EA, as it attempts to pull back losses with larger hedging trades. It actually should have closed out with $50 TP, but I forgot to enable the TP button.
Going to be a hard start to next week with recovery mode on SupDem and Demark.
4hr SupDem, very deep sea of Red, mostly from just a few trades. This is what can happen when the Add-to reverses after the third trade.
4hr Demark also in the Red. The chart was reset, when I changed the chart from Daily to 4Hr, in an attempt to get the Basket to trade out.
The only setup that recovered most of the large DD was my external EA hedging setup. The large DD is expected with a hedging EA, as it attempts to pull back losses with larger hedging trades. It actually should have closed out with $50 TP, but I forgot to enable the TP button.
Going to be a hard start to next week with recovery mode on SupDem and Demark.
- #593
- Jul 13, 2018 4:31pm Jul 13, 2018 4:31pm
Bad day for my setups on terrible Friday, which I don't trade on normally with a live account. 4hr SupDem, very deep sea of Red, mostly from just a few trades. This is what can happen when the Add-to reverses after the third trade. {image} 4hr Demark also in the Red. The chart was reset, when I changed the chart from Daily to 4Hr, in an attempt to get the Basket to trade out. {image} The only setup that recovered most of the large DD was my external EA hedging setup. The large DD is expected with a hedging EA, as it attempts to pull back losses...
My 4 HR SUPDEM
DAILY SUPDEMS.... I will regroup Sunday night
{quote} I would agree about keeping Multi-Level Pip-Lock and also would be nice if was added into the Standard SupDem TS as well. You could use the DashBoard's ATR trailing stop with version v8c, it is just one level though, I will employing this option in my next weeks trials on the standard SupDem TS.
Looking at the two trades that re-traced last week, this took the account back down to where it was at the start of the week. Yes it did re-build a bit to the end of the week but as you can see from this the original trade would have been close to $0 and the add to trade would have got out at with what ever loss to back to the original trade instead of both trades going to full SL.
I to am going to work with the DB Trailing SL this week and see how that goes although given that it is on the ADR which changes for each pair is a little hard to setup for all pairs but will give it a shot. I'm also a little unsure how this will work with the add to trade. The Pip lock might be the better way to get as when the Add to Trade kicks in and adds to the pips that would go towards to over Lock total? and the SL would adjust accordingly. All worth testing out. I feel with the SUPDEM that there is enough winning trades to overcome the loosing ones if you can cut the losses short.
Subscribing to Rogers theory of not having a SL, that pair retraced a bit past my SL and then has headed south again and would currently have both those trades in profit! Yes Roger you told me so! hahaha. I was very unlucky for it not to have hit the 50% TP as you can see it was a hairs breath away but that's trading too.
Be good to massage this into a nice consistent profit taker to add to the toolbox.
Thanks, Matt.
{quote} Hey Matt... As far as the example trade that pulled back ans then went back in the direction of original march... that happens a lot. So a SL would take you out, or just wait and bite your finger nails... Also, sometimes you just miss your 50% by a hair... then a pull back. You could, lower you TP from 50% to 45%. But, yes a BE + would be nice. But on the other side of this coin, there are many strategies at our disposal to use. Just have to ID the current issue and act the best you know how to... that is trading! Go day Mate!
Yes there are many strategies and of course as we know as soon as we get one right another pops up or the market just goes and does what it wants to do so there is no golden nugget.
Yeah I see a BE + as a nice way to tackle it, grab a little or even or even a small loss then get out, reset and start again and look for the next trade. I know we are not going to cover every scenario either, taming the markets is like herding cats! ha
There are the trades that go a little then go to SL and that's just part of strategy, pip lock would help these a little depending on your settings but to be honest that is just taking the losses on the strategy as that is what the strategy is. I'm looking to minimize the loss on the trades like the one posted that go in your favor by a good amount, even pickup your add to trade (in my case was set to 50%) which means the trade did go your way for at least 50% and in this case 95-97% and then turns against you and heads to your SL. If I can cut those short and either get out for a small amount or even a small loss instead of the full SL then I think it would go a good way to smoothing this strategy out.