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Help Test my new EA, FLYER!

  • #181
  • Oct 10, 2006 1:00pm Oct 10, 2006 1:00pm
Hello all,

Iam trying this EA on 30 min charts. When i attach this EA to audusd 30 min chart around 2.06pm today , he starts with buy signal.

But when i attach the indicator to the same chart , it signal sell ......

Do you guys know why both are in conflict.

Thanks
SyedForex
  • #182
  • Oct 10, 2006 1:45pm Oct 10, 2006 1:45pm
Buddy, we don't all live next door. Specify the time zone your in with the time of the signal in question.

Quoting syedforex
Hello all,

Iam trying this EA on 30 min charts. When i attach this EA to audusd 30 min chart around 2.06pm today , he starts with buy signal.

But when i attach the indicator to the same chart , it signal sell ......

Do you guys know why both are in conflict.

Thanks
SyedForex
  • #183
  • Oct 10, 2006 3:42pm Oct 10, 2006 3:42pm
Hi,

Iam in GMT -3 timezone ( this is my server feed). But how come that matter ? ( Iam sorry if iam wrong here).

coz, iam attaching both the EA and the indicator to the same chart.

Thanks
SyedForex
  • #184
  • Oct 10, 2006 4:17pm Oct 10, 2006 4:17pm
Quoting syedforex
Hi,

Iam in GMT -3 timezone ( this is my server feed). But how come that matter ? ( Iam sorry if iam wrong here).

coz, iam attaching both the EA and the indicator to the same chart.

Thanks
SyedForex
There are some slight differences between the EA and the indicator. In a very tight ranging situation, some mixing of signals may occur.
  • #185
  • Oct 10, 2006 4:25pm Oct 10, 2006 4:25pm
An observation:

I started Flyer! Sunday night and nothing of course moved very far Monday with the holiday. Consequently, the indicators were stuck on tight ranges giving out some false signals. Most of the time with any demo or real account, I try to get out my positions over the weekend. So, I started fresh. The EA opened a trade with nearly every pair I am testing and almost every one got stopped out when the market moved today. I'm thinking that in situations like this, it might be best not to start the EA in the middle of such flat markets. Once a trend develops, then start the EA... that way when the next trend starts, it will be more likely to enter the trade correctly. Has anyone ever experienced issues like this before with EA's?

GirlFlyer
  • #186
  • Oct 10, 2006 5:27pm Oct 10, 2006 5:27pm
Quoting GirlFlyer
An observation:

I started Flyer! Sunday night and nothing of course moved very far Monday with the holiday. Consequently, the indicators were stuck on tight ranges giving out some false signals. Most of the time with any demo or real account, I try to get out my positions over the weekend. So, I started fresh. The EA opened a trade with nearly every pair I am testing and almost every one got stopped out when the market moved today. I'm thinking that in situations like this, it might be best not to start the EA in the middle of such flat markets. Once a trend develops, then start the EA... that way when the next trend starts, it will be more likely to enter the trade correctly. Has anyone ever experienced issues like this before with EA's?

GirlFlyer
Yes I have Marci. Thats the reason why I always babysit an ea that way if you see something going on I usually manually go in and take away the stoploss and I hedge that way I rarely have a losing position but the key to that is knowing when the markets going the other direction and collect on one and wait on the other but to do that it takes alot of analysis and sometimes it will still bite you. But don't fret because you have an outstanding ea. As long as it is done by machine you will still have to have human intervention. I've yet to see an ea that you can set and forget I guess if that day ever comes there will be alot of millionaires. In my humble opinion you've done an outstanding job...Valerie...
  • #187
  • Oct 10, 2006 5:30pm Oct 10, 2006 5:30pm
Quoting amaruenterprise
Yes I have Marci. Thats the reason why I always babysit an ea that way if you see something going on I usually manually go in and take away the stoploss and I hedge that way I rarely have a losing position but the key to that is knowing when the markets going the other direction and collect on one and wait on the other but to do that it takes alot of analysis and sometimes it will still bite you. But don't fret because you have an outstanding ea. As long as it is done by machine you will still have to have human intervention. I've yet to see an ea that you can set and forget I guess if that day ever comes there will be alot of millionaires. In my humble opinion you've done an outstanding job...Valerie...
Thanks Valerie! I think you're my #1 fan!
  • #188
  • Oct 11, 2006 4:05am Oct 11, 2006 4:05am
Hello all,
I am trying this EA ( Flyer _ TS ) on 15 min charts , started 5 Okt 2006 until now.
so far so good .
Thanks GirlFlayer .
  • #189
  • Oct 11, 2006 4:08am Oct 11, 2006 4:08am
Sorry ...hee..he
Attached File(s)
File Type: zip Statment.zip   4 KB | 398 downloads
  • #190
  • Oct 11, 2006 5:13am Oct 11, 2006 5:13am
I have tested Flyer! live using 5M Charts with SL: 25, TS: 25, Fixed lot at 0.01:

Using EUR/USD:

Type Open Close Profit

BUY 1.2540 1.2541 +1
SELL 1.2541 1.2540 +1

Floating: -16pips;

Maybe if i'd set the TS: to 30 then I would have netted +15 by now plus a positive floating position.. just 2pips

armchang
  • #191
  • Oct 11, 2006 5:22am Oct 11, 2006 5:22am
I sorry..it may sound stupid to some, but I am a newbie and I have no idea what the Sidus method is and how to test your EA (?). care to explain and give more information?
Thank you
  • #192
  • Oct 11, 2006 5:38am Oct 11, 2006 5:38am
Quoting silval
I sorry..it may sound stupid to some, but I am a newbie and I have no idea what the Sidus method is and how to test your EA (?). care to explain and give more information?
Thank you
Silval,

A better explanation has been discussed in this link:http://www.forexfactory.com/forexfor...t=sidus+method

download and read the pdf file..

armchang
  • #193
  • Oct 11, 2006 7:01am Oct 11, 2006 7:01am
Quoting entung
Sorry ...hee..he
Your results look good. Thanks for trying it out!

GirlFlyer
  • #194
  • Oct 11, 2006 7:04am Oct 11, 2006 7:04am
Quoting armchang
I have tested Flyer! live using 5M Charts with SL: 25, TS: 25, Fixed lot at 0.01:

Using EUR/USD:

Type Open Close Profit

BUY 1.2540 1.2541 +1
SELL 1.2541 1.2540 +1

Floating: -16pips;

Maybe if i'd set the TS: to 30 then I would have netted +15 by now plus a positive floating position.. just 2pips

armchang
Just a side note: Flyer! will not enter into positions in a market that is rapidly moving on a low T/S. The larger the T/S, the more likely it is to enter into a rapidly moving position... just a feature I added to it to take advantage of the T/S a little.
  • #195
  • Oct 11, 2006 7:14am Oct 11, 2006 7:14am
Marci: Did you see this reply that I posted to your other thread about the markets being quiet???

I think the FOMC news is keeping a lid on things along with the N. Koreans wanting to play spin the plutonium bottle. This channeling stuff is what hurts some EA's becuase of the MA's that they employ. The markets need to move for things to work. This is nothing new to you Marci I'm sure but I think these are just some of those good ol' patterns that some people say keep repeating themselves in the markets. They are as common as head and shoulder patterns, triangles, pennants....we just have to learn how to trade them. The best way to trade channels or 'quiet times' in the markets may be not to trade them at all. I'm running your Flyer and Hendrick's P4 right now and I'm thinking that it may have been a bad week to start them because of the 'red flags' on the FF calendar. Then again, if you have ever sold options these are the times you want so the option premium decays. I did that many times in the futures markets and made some good money but the FX is where I'm spending my time now. I think we just need to let the charts tell us when it's 'okay to go'....Don't get too disheartened, we just need the normal ebb and flow to return, and it will. It always does.
  • #196
  • Oct 11, 2006 11:34am Oct 11, 2006 11:34am
Quoting Palmer
Marci: Did you see this reply that I posted to your other thread about the markets being quiet???

I think the FOMC news is keeping a lid on things along with the N. Koreans wanting to play spin the plutonium bottle. This channeling stuff is what hurts some EA's becuase of the MA's that they employ. The markets need to move for things to work. This is nothing new to you Marci I'm sure but I think these are just some of those good ol' patterns that some people say keep repeating themselves in the markets. They are as common as head and shoulder patterns, triangles, pennants....we just have to learn how to trade them. The best way to trade channels or 'quiet times' in the markets may be not to trade them at all. I'm running your Flyer and Hendrick's P4 right now and I'm thinking that it may have been a bad week to start them because of the 'red flags' on the FF calendar. Then again, if you have ever sold options these are the times you want so the option premium decays. I did that many times in the futures markets and made some good money but the FX is where I'm spending my time now. I think we just need to let the charts tell us when it's 'okay to go'....Don't get too disheartened, we just need the normal ebb and flow to return, and it will. It always does.
Yes, and I agree with you. Just sometimes a little frustrating to just see the market jump from one news announcement to the next, then really do nothing in between. Makes for difficult trading. But I'm doing ok.

Thanks
  • #197
  • Oct 11, 2006 2:38pm Oct 11, 2006 2:38pm
Second Trade Closed;

10/9 Eur/jpy, short 1.7 lots at 149.98; 10/11 closed at 149.97 1 pip profit

Third Trade Opened:

10/11 Gbp/jpy, short 1.6 lots at 221.85; trading at -$213.90 (84 pips to the long side).

Results Since Testing Began (October 8, 2006):
+64 pips net
  • #198
  • Oct 11, 2006 3:09pm Oct 11, 2006 3:09pm
Quoting MoneyMa$ter
Second Trade Closed;

10/9 Eur/jpy, short 1.7 lots at 149.98; 10/11 closed at 149.97 1 pip profit

Third Trade Opened:

10/11 Gbp/jpy, short 1.6 lots at 221.85; trading at -$213.90 (84 pips to the long side).

Results Since Testing Began (October 8, 2006):
+64 pips net
Thanks MM for the info!
  • #199
  • Oct 11, 2006 8:48pm Oct 11, 2006 8:48pm
  •  jdl
  • | Joined Oct 2006 | Status: going to master this or die trying | 101 Posts
I have a $3000 demo mini account and I'm using the mini account setting.
I'm using the FLyer EA with the preset values for each specific currency.

EA results for Oct 11.

Four trades triggered at 7:45 AM Mountain time:

1. a buy on USD/JPY at 119.69
2. a sell on GBP/USD at 1.8550
3. a sell on EUR/USD at 1.2542
4. a buy on USD/CHF at 1.2711

All were ~ 2.3 lot trades.

Low point was one hour later, all four were down for a total of -5.5%.


Results in Chronological Order
+++++++++++++++++++++++++++

a)
1.5 hours after first order opened:
close buy EUR/USD at 1.2541, profit = +1 pip *


b)
The EA then did a new order a few minutes later:
open sell EUR/USD at 1.2542


b2)
2.5 hours after that new order opened:
close buy EUR/USD at 1.2541, profit = +1 pip *


c)
4 hours after first order opened:
close buy GBP/USD at 1.8548, profit = +2 pips *


d)
6 hours after first order opened:
new open sell GBP/USD at 1.8553


e)
6 hours after first order opened:
new open sell EUR/USD at 1.2527


f)
10 hours after initial trade, I closed the following after seeing profit start to slip away.


sell to close USD/JPY at 119.73, profit = +4 pips
sell to close USD/CHF at 1.2719, profit = +8 pips
buy to close GBP/USD at 1.8546, profit = +7 pips
buy to close EUR/USD at 1.2522, profit = +5 pips

Total trades for day:
7 profits, 0 losses, net of +28 pips per lot


* I believe these are all examples where the MAs crossed during a loss. In that scenario the EA does not exit, it waits until 1) there is a profit or 2) it hits the stop/loss to exit. In these cases, once any profit was made, the EA exited the trade.

Cheers,
jdl
  • #200
  • Oct 11, 2006 11:50pm Oct 11, 2006 11:50pm
Looks like another EA worth testing.

How many EAs can MT4 handle before going loopy?
I have about 24 EAs now on 11 pairs.
Should it die soon?
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