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LRSF - TMS Expert Advisor

  • #841
  • Aug 30, 2018 1:49pm Aug 30, 2018 1:49pm
Quoting Zazazaz
{quote} Almost the same. Not at my computer now. But I used 3 steps of MEME and had some losses.
How is better ? Breaking m5 or TDI and stoch? H1
  • #842
  • Aug 30, 2018 6:01pm Aug 30, 2018 6:01pm
Quoting Zazazaz
I am also thinking of changing my leverage from 1:25 to 1:200 Scared of a margin call.
I advise you to try my settings and disable Meme
  • #843
  • Aug 30, 2018 6:15pm Aug 30, 2018 6:15pm
Quoting atalon696
{quote} Hi i try v19 and now usdcad and nzdusd are same Magic number and ea have open one TRADE in two pairs same time. How is posible ?
I think you wil find your answer here: Post #731
  • #844
  • Aug 30, 2018 6:28pm Aug 30, 2018 6:28pm
Quoting Zazazaz
Jans, when th 1.20 version for real account is expected? Didn't have much time to test v. 19 Still in and out of the hospital. They saved her life, put a stent in heart artery, but it's still tough. Thank you for your words.
Hi Zazazaz,
I usually want to see a new version perform under stress. There are not many ppl posting their trade results so I will have to rely on my own testing. It might take another few weeks.

On my real account I am still running with version 18.
On my primary demo account I still have version 19. That is the account that generates the notifications for my real trading.
On my secondary demo account I am now running version 21, that is still under development.

So version 20 is waiting until I am confident enough to move my real trading to version 19, and version 20 to my primary demo account.
Sorry that it takes so long, but enthausiasm has taken a lot of money from me in the past. Better wait until we have proven results.
Cheers...
  • #845
  • Aug 30, 2018 6:35pm Aug 30, 2018 6:35pm
Quoting jdcrux
Great Job Jans! What i see apparently is that the EA would be ultimately suited to intraday but mostly swings. The entry is good enough but the exit could be better. and when likely will be the update for the manual buy and sell script as regards version 1.20wip or when it finally goes live?
It is not entirely clear to me why I should make new versions of the manual scripts. Is there something not working with the current scripts?
  • #846
  • Aug 30, 2018 6:43pm Aug 30, 2018 6:43pm
Quoting Newfxmmb
Hello Sir. I am still new in this forum and I like your version 1.19. I am running it on a demo account and the results are good. Could you please make it work forever and not for 26 week because I am planning to use it in a live account linked to VPS. I am planning to test it on a live account with 1000$ and if you want I will share the results here. Thank you in advance and I hope you will accept my request.
There are reasons for the limit to 26 weeks. If you read this thread from post #1 and further you will find them. It is a protection for you and me.
When the 26 weeks have (nearly) passed you can ask me to post a new version 19s. By that time we will know if this version really is as good as we all hope. But my guess is that by that time you will be quiet happy to upgrade to a newer version. The algortihm will stay the same (TMS as described in that thread). But small fixes on entry and exit will make every version more profitable and less risky.
Cheers...
  • #847
  • Aug 30, 2018 6:48pm Aug 30, 2018 6:48pm
Quoting voketexpert
what technique does this EA use?
I try to automate the "Trading Made Simple" strategy.
https://www.forexfactory.com/showthread.php?t=291622
Cheers...
  • #848
  • Aug 30, 2018 6:58pm Aug 30, 2018 6:58pm
Quoting Zazazaz
I am bad with those leverages, margin requirements.... What is better for a small deposit, who knows? I mean - bigger leverage, or smaller? Let's say my deposit is $1000 and ea is trading always 0.01 lots.
The EA was originally designed for a leverage of 1:100. New EU-ruling has recently limit the leverage to 1:30. I must say that I am happy that my EA still seems to work good with this lower leverage. The margin is now 5 times higher which makes it very expensive to trade multiple pairs simultaneously.

You might want to try higher leverage on a demo account, just to see how it works. Many brokers allow you to change the leverage on a demo account via their website.
Cheers...
  • #849
  • Aug 30, 2018 7:10pm Aug 30, 2018 7:10pm
Quoting Newfxmmb
{quote} I advise you to try my settings and disable Meme
It should now be possible to run backtests with and without MEME. That might show you which setting is best.
I definitely would like to see someone doing that.
During the holiday period, without MEME you would have a few losses. Now the big trends are starting again and you might get lucky.
Only a good backtest might shed light on that.
  • #850
  • Aug 30, 2018 7:21pm Aug 30, 2018 7:21pm
Quoting jansb000
{quote} It should now be possible to run backtests with and without MEME. That might show you which setting is best. I definitely would like to see someone doing that. During the holiday period, without MEME you would have a few losses. Now the big trends are starting again and you might get lucky. Only a good backtest might shed light on that.
I will continue using my setting in my live account and I will share the results with you. I like how the EA manage the losses. Thank you Jansb000 !!
  • #851
  • Aug 31, 2018 1:46am Aug 31, 2018 1:46am
Quoting jansb000
{quote} Hi Zazazaz, I usually want to see a new version perform under stress. There are not many ppl posting their trade results so I will have to rely on my own testing. It might take another few weeks. On my real account I am still running with version 18. On my primary demo account I still have version 19. That is the account that generates the notifications for my real trading. On my secondary demo account I am now running version 21, that is still under development. So version 20 is waiting until I am confident enough to move my real trading...
Hi. In your live account wich technique use ?
Breaking m5 or TDI and stoch? H1

  • #852
  • Aug 31, 2018 3:52am Aug 31, 2018 3:52am
Hi jansb and all others,

I read a lot in this thread, downloaded some versions and tried them on demo accounts for short periods.
Now, having some space on the VPS, I would like to give something back and help testing an a demo account.

Maybe you some information which tests would be helpful. I am not able to do any backtests but would start
forward tests on demo

Is it right that I use:
- H1 as the timeframe
- Leverage of 1:30
- Version 1.20wip
- Pairs depending on the CPU

Thanks for any hints helping me to start a demo this weekend.

Cheers
Michael
  • #853
  • Aug 31, 2018 7:53am Aug 31, 2018 7:53am
Quoting atalon696
{quote} Hi. In your live account wich technique use ? Breaking m5 or TDI and stoch? H1
Hi Atalon,

I use the breaking of the EMA5 and TDI and Stochastic. They must all align. On top of that I use other checks to make sure a trade will go in my favour.
In this thread I have posted about all the checks that I do. By browsing through this thread you will find it.
Cheers..
  • #854
  • Aug 31, 2018 8:02am Aug 31, 2018 8:02am
Quoting jansb000
{quote} Hi Atalon, I use the breaking of the EMA5 and TDI and Stochastic. They must all align. On top of that I use other checks to make sure a trade will go in my favour. In this thread I have posted about all the checks that I do. By browsing through this thread you will find it. Cheers..
Can you share your live account set for ea?
  • #855
  • Aug 31, 2018 8:02am Aug 31, 2018 8:02am
Quoting Bullilulli
Hi jansb and all others, I read a lot in this thread, downloaded some versions and tried them on demo accounts for short periods. Now, having some space on the VPS, I would like to give something back and help testing an a demo account. Maybe you some information which tests would be helpful. I am not able to do any backtests but would start forward tests on demo Is it right that I use: - H1 as the timeframe - Leverage of 1:30 - Version 1.20wip - Pairs depending on the CPU Thanks for any hints helping me to start a demo this weekend. Cheers Michael...
Thank you Bullilulli. Your help is very welcome.
The preferred settings would be:
- Timeframe H1
- Version 1.20 (latest wip)
- Pairs of your choice. Hint: maybe look at the top 10 with the lowest spread that your broker has to offer.

Leverage 1:30 is ok, but is not important. It is best if you report the results in pips.
  • #856
  • Aug 31, 2018 8:12am Aug 31, 2018 8:12am
Testing V1.20

MeMe trades the way we use them, even do now they are working dynamically (Which is awesome) is useless from my point of view...

In my Demo account, in 2 days I created 40% account drawdown to maybe earn 1% if I'm lucky to get a retracement good enough and meanwhile, EA will not open any position in the newly formed uptrend because sell trade still active.

So for now, EA with MeMe is just cuting winners to let losers run, I'm going to test to disable MeMe and reconfigure some other options , let's see what I get...

Would be nice to have a SL and TP dynamic, maybe based on ADR or ATR as some pairs moves more than others.

Regards,
Jimm
Building a Freedom All Time Return: 5,178.8%
  • #857
  • Aug 31, 2018 8:29am Aug 31, 2018 8:29am
Quoting blamshakk
hey all just a quick update on some of my demos. firstly v15 h1 charts, the line is approximately when v15 expired and v15s was applied: {image} v18 h4 charts w/MEME: {image} and v18 h1 charts w/ MEME : {image} thanks again jansb000 for a great EA. When i have some free space will start a v19 demo blam
Can you share your set for v18?
  • #858
  • Aug 31, 2018 9:34am Aug 31, 2018 9:34am
Quoting jansb000
{quote} The EA was originally designed for a leverage of 1:100. New EU-ruling has recently limit the leverage to 1:30. I must say that I am happy that my EA still seems to work good with this lower leverage. The margin is now 5 times higher which makes it very expensive to trade multiple pairs simultaneously. You might want to try higher leverage on a demo account, just to see how it works. Many brokers allow you to change the leverage on a demo account via their website. Cheers...
I live in US, there are not too many brokers available. I mean - reliable brokers. Namely - Oanda, and Forex.com
All foreign brokers do not accept US residents. Some do, but no money can be trusted with those.
The only one that is available is FxChoice. I have my real account with them. And they still give up to 1:200 leverage.
(I am not advertising, just stating the facts).
  • #859
  • Aug 31, 2018 9:45am Aug 31, 2018 9:45am
Will set up 1.20 on a demo over the weekend.
Will see.
  • #860
  • Aug 31, 2018 12:32pm Aug 31, 2018 12:32pm
Quoting J1mm
Testing V1.20 MeMe trades the way we use them, even do now they are working dynamically (Which is awesome) is useless from my point of view... In my Demo account, in 2 days I created 40% account drawdown to maybe earn 1% if I'm lucky to get a retracement good enough and meanwhile, EA will not open any position in the newly formed uptrend because sell trade still active. So for now, EA with MeMe is just cuting winners to let losers run, I'm going to test to disable MeMe and reconfigure some other options , let's see what I get... Would be nice to...
Interesting first results. It shows us that we always have to treat an Expert Advisor as a tool and never as a complete solution. It will always need manual intervention, if you see it missed the trend and goes in the wrong direction it is better to close the position asap even if you have to take a small loss.

At this moment, trades are often taken when a bar breaks the EMA5. This is often a strong bar so the trade, starting at the end of the bar, will open far from the EMA5. Usually after a strong bar there will be a retrace. So nearly every trade will first go negative and then it will either go back up to positive, or it will turn out the strong bar was a fluke and the trend goes in the opposite direction.
In version 21 I am going to introduce a different ENTRY mode that will wait for the retrace. So new trades will always open very close to the EMA5. If the price goes back in our favour we will get a lot more pips. If it goes against us (breaking the EMA5 again) we can come out without a big loss.

I found this idea in another (old) trading strategy:
https://www.forexfactory.com/showthr...10#post5220810

Cheers...
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