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Pivot Trading EA

  • #881
  • Edited 5:45am Jul 25, 2018 5:21am | Edited 5:45am
Quoting WindChaser
{quote} Interesting, checking with Aziz and we'll get back to you when I have an answer. Thanks Lolaso.
No worries, please see the edit in my post 879. It was the "Pips range for pivot", since this pair's ADR is around 60-80 pips per day a 25 pip range is too big for the pivots. A smaller pip range based on ADR (how much price moves per day) will avoid opening trades too soon like the EURCAD one.

I think:
ADR 50-70 pip range for pivot should be 10-15
ADR 100-120 pip range for pivot should be 20-25

Need some testing.

ADR can be seen with ADR_v2 indicator.
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Here is my idea:

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  • #882
  • Jul 25, 2018 5:33am Jul 25, 2018 5:33am
Quoting WindChaser
{quote} Hi sartFX, what kind of tick data quality do you have? If you can delivery 99.99% data modeling quality, we can figure out adding you on the backtester team.
tell me what data you need, I have several servers to use
  • #883
  • Jul 25, 2018 5:37am Jul 25, 2018 5:37am
Quoting Lolaso
Hi guys. I hope you're all doing well today and have a great Wednesday! Could anyone explain to me why the EA opened EURCAD long in between Pivot and S38? Please see screenshots attached. Thanks! {image} {image}
Had the same thing, also had it on AUDCAD, something is not quite right
  • #884
  • Jul 25, 2018 6:05am Jul 25, 2018 6:05am
HEY GUYS , can we make some group or chat room on telegram or discort?
  • #885
  • Jul 25, 2018 6:56am Jul 25, 2018 6:56am
Quoting vladi28
HEY GUYS , can we make some group or chat room on telegram or discort?
Telegram is ok
  • #886
  • Jul 25, 2018 6:56am Jul 25, 2018 6:56am
I have created one for us on Telegram: PIVOT EA.

https://t.me/joinchat/HYTxHhCWwJS9jra3TzKDNw
  • #887
  • Jul 25, 2018 7:12am Jul 25, 2018 7:12am
Quoting vladi28
HEY GUYS , can we make some group or chat room on telegram or discort?
Hi vladi28, thanks for the suggestion, yes a Telegram group is likely on the cards, just need some thinking on this idea to ensure discussion/information is shared in the most efficient way. When we are ready to launch we the chat group we will announce it. Thanks again!
It's either going UP, or DOWN.
  • #888
  • Jul 25, 2018 7:24am Jul 25, 2018 7:24am
Quoting WindChaser
{quote} Hi sartFX, what kind of tick data quality do you have? If you can delivery 99.99% data modeling quality, we can figure out adding you on the backtester team.
I'have tickdata 99.9 and vps ready if it's necessary
Regards
  • #889
  • Jul 25, 2018 7:35am Jul 25, 2018 7:35am
Quoting cescof
{quote} I'have tickdata 99.9 and vps ready if it's necessary Regards
excuse the question, how do I get 99.9% of tickdata?
  • #890
  • Jul 25, 2018 7:58am Jul 25, 2018 7:58am
Has anyone using a US based Oanda account had any luck with the EA? I was running previous versions for two weeks without a trade triggering, having even s/r 38 pivot available to trade, Auto trading is enabled, I have the smily face in the upper right, and have no error messages indicating there is any problem, I just have not been able to get a trade to trigger. I have 18 pairs enabled. Default settings.
  • #891
  • Jul 25, 2018 8:26am Jul 25, 2018 8:26am
Quoting sartFX
{quote} tell me what data you need, I have several servers to use
Thanks sartFX, unless you already have it, for backtest we recommend https://tickstory.com/download-tickstory/ (Standard version), please don't purchase it yet as we are deciding on the backtest participant list, will be in touch with you (please do turn on private messages on your FF profile settings).

Also, your question in #Post 889, regarding getting 99.9% tick data quality, here's an article might be of help: https://tickstory.com/articles/metat...lling-quality/
It's either going UP, or DOWN.
  • #892
  • Jul 25, 2018 8:34am Jul 25, 2018 8:34am
Quoting joefrombrook
Has anyone using a US based Oanda account had any luck with the EA? I was running previous versions for two weeks without a trade triggering, having even s/r 38 pivot available to trade, Auto trading is enabled, I have the smily face in the upper right, and have no error messages indicating there is any problem, I just have not been able to get a trade to trigger. I have 18 pairs enabled. Default settings.
Hi joefrombrook, do you think this issue is related/same as what @bohurst reported in #Post 767? The Pivot Trading EA is yet to be coded for FIFO trading, perhaps in future releases. Thanks.
It's either going UP, or DOWN.
  • #893
  • Jul 25, 2018 9:21am Jul 25, 2018 9:21am
EUR/CAD max 10 opened 13
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  • #894
  • Jul 25, 2018 9:23am Jul 25, 2018 9:23am
Quoting bohurst
EUR/CAD max 10 opened 13{image}{image}
I think it's 10 for every Cycles
  • #895
  • Jul 25, 2018 9:40am Jul 25, 2018 9:40am
Quoting cescof
{quote} I think it's 10 for every Cycles
I think it needs to be limited drawdown is to high.
  • #896
  • Edited 11:04am Jul 25, 2018 10:53am | Edited 11:04am
Quoting WindChaser
{quote} Thanks sartFX, unless you already have it, for backtest we recommend https://tickstory.com/download-tickstory/ (Standard version), please don't purchase it yet as we are deciding on the backtest participant list, will be in touch with you (please do turn on private messages on your FF profile settings). Also, your question in #Post 889, regarding getting 99.9% tick data quality, here's an article might be of help: https://tickstory.com/articles/metat...lling-quality/

i'm ready
Can you tell me that pairs, timeframe and period I have to download? I have an internet band of 800 MB / s effective so it is not a problem in the speed of the download
  • #897
  • Jul 25, 2018 10:57am Jul 25, 2018 10:57am
I had a set of EJ trades open up and they hit TP....and then the EA opened up another EJ set of trades, this time I had the martingale distance set to 10 pips and max of 5 trades. Price went against me and the EA never opened up any martingale trades at the 10 pip mark. With that being said price went against me around 65 pips and hit the SL set by the EA. Using Davits system, having a SL of 65 pips is toooo tight. When my SL was hit I was at the S100 pivot, which is still a valid entry pivot. I think that no matter what Pivot we "enter" our trade set at, we should always use the 138 pivot as our SL. This will allow us to "cast that big net" that Davit always talks about. We need to use that Pip distance between 38 (or 61 if that is where you enter) and 138 as our SL for our Lot Size calculation. That way we can decide how much we want to risk for each trade. This way we can use the standard formula for determining our desired Lot Size according to our percentage of account we want to use (standard 2% for example) and divide that by our SL (distance between lets say 61 and 138) and this will give us our desired Lot Size to use. We can then break that Lot Size down into 5 smaller trades or 10 smaller trades and this will give us our BIG NET that he speaks of, all while allowing our SL to be big enough to withstand moves against us.

EDIT: With this example we can have a SL of 115 pips (random pip distance) and still enter on ALL important pivots (61, 78 and 100) and still only risk 2% of our account overall. It's all predetermined in our lot size calculation. This will allow is to cast the Big Net and break down our overall Lot Size into smaller trades all while covering ALL the major pivot points.
  • #898
  • Edited Jul 26, 2018 4:41pm Jul 25, 2018 11:16am | Edited Jul 26, 2018 4:41pm
Hello,

So many pivot eas,just one in commercial section opened called " { information deleted by staff, per membership policy } "
  • #899
  • Jul 25, 2018 11:31am Jul 25, 2018 11:31am
Quoting bojack34
I had a set of EJ trades open up and they hit TP....and then the EA opened up another EJ set of trades, this time I had the martingale distance set to 10 pips and max of 5 trades. Price went against me and the EA never opened up any martingale trades at the 10 pip mark. With that being said price went against me around 65 pips and hit the SL set by the EA. Using Davits system, having a SL of 65 pips is toooo tight. When my SL was hit I was at the S100 pivot, which is still a valid entry pivot. I think that no matter what Pivot we "enter" our trade...
Thanks bojack I never was sure how to figure that out. You explain it so we little people that aren't any good at math can see it!
  • #900
  • Edited 3:30pm Jul 25, 2018 1:57pm | Edited 3:30pm
Quoting pgr45za
I have created one for us on Telegram: PIVOT EA. https://t.me/joinchat/HYTxHhCWwJS9jra3TzKDNw
i go in this group lets enter all


SOOO my first trades ... but i put the EA on 15m chart only to try ...and he open ... open becouse the TDI was in position on the 15 minute ... i was opened also on the 4h chart put the not open becouse the TDI not in position
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