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Hanging out the daily on the close line

  • #21
  • Jan 29, 2019 6:36am Jan 29, 2019 6:36am
Quoting cfudge
{quote} Hi billbob99 Thanks for your interest and I hope you can test this too, the more the merrier. I do not have a SL at the moment, I was thinking that 30-50 pips might suffice. TP is the close of the next daily candle, (or the mext candle of the TF you are using). I do try to close trades a few minutes before EOD (I was going to be out today so I closed early). I also try to enter the new trades before EOD also to miss the widening of spreads. As far as the AUDCHF trade...I suggested it would be OK to open trades within 5 pips between close...
Hi Chris, thanks for putting out your idea! I used an online coder to speed up testing; The signal is the wick/whole candle relation (standard 10%) and the slope of highs/lows.

Attached File(s)
File Type: ex4 XD1-org-mm(2).ex4   202 KB | 387 downloads


P.S. Gold seems the way to go so far...
  • #22
  • Jan 29, 2019 8:41am Jan 29, 2019 8:41am
Thanks Go5
Looks good I will give it a go after work.

Is there a way to have it open trades with the close within 5 pips of high/low instead of a percentage of wick to candle body?

What is the slope of highs/lows relation?

Chris
Attached Image (click to enlarge)
Click to Enlarge Name: go5.jpg Size: 33 KB
  • #23
  • Jan 29, 2019 9:01am Jan 29, 2019 9:01am
Quoting cfudge
Thanks Go5 Looks good I will give it a go after work. Is there a way to have it open trades with the close within 5 pips of high/low instead of a percentage of wick to candle body? What is the slope of highs/lows relation? Chris {image}
I'll give it a try (as a non-coder...), in the meantime you could change the % value. The slope is used to implement your filter rule - no buy (sell) trade if the lows point up (down).
  • #24
  • Jan 29, 2019 3:44pm Jan 29, 2019 3:44pm
Thanks Chris.

The below pairs look like they could be worth considering tonight:

EUR/CHF
EUR/GBP
GBP/AUD
GBP/CHF
GBP/NZD
GBP/USD
GOLD
  • #25
  • Jan 29, 2019 4:06pm Jan 29, 2019 4:06pm
I've taken:

GBP/AUD
GBP/CHF
GBP/NZD
GBP/USD

Gold is currently closed with my broker. A bit heavy on the GBP which could obviously be a bad thing.
  • #26
  • Jan 29, 2019 5:33pm Jan 29, 2019 5:33pm
Here are my late entries today. Yes billbob99 GBPNZD

Chris
Attached Image (click to enlarge)
Click to Enlarge Name: today.jpg Size: 32 KB
  • #27
  • Jan 29, 2019 6:47pm Jan 29, 2019 6:47pm
Quoting Go5
{quote} Hi Chris, thanks for putting out your idea! I used an online coder to speed up testing; The signal is the wick/whole candle relation (standard 10%) and the slope of highs/lows. {file} P.S. Gold seems the way to go so far...
the ea only open sell trades,..????
  • #28
  • Jan 29, 2019 7:02pm Jan 29, 2019 7:02pm
Quoting artic118
{quote} the ea only open sell trades,..????
I am not sure o fwhat the settings do...I did a test on ej and I noticed only sells. It missed trades also.
  • #29
  • Jan 29, 2019 7:05pm Jan 29, 2019 7:05pm
Quoting cfudge
{quote} I am not sure o fwhat the settings do...I did a test on ej and I noticed only sells. It missed trades also.
im playing with the settings,.and only sells to,..nooo buys,..i get better results with the wick at 1,..in h4,..h1
  • #30
  • Jan 30, 2019 5:12am Jan 30, 2019 5:12am
Quoting artic118
{quote} the ea only open sell trades,..????
Shorts are working on my side, but here ia a version with wick size in pips.
The standard values are for gold (e.g. sl=1000). The ro-values are the maximum wick size. For gold, I need to put in a size of 10000, no idea why yet...
This program works with blocks, buy & sell seperated, hence all those inputs.

Attached File(s)
File Type: ex4 XD1-ORIG-MM(2).ex4   199 KB | 347 downloads
  • #31
  • Jan 30, 2019 6:29am Jan 30, 2019 6:29am
Quoting Go5
{quote} Shorts are working on my side, but here ia a version with wick size in pips. The standard values are for gold (e.g. sl=1000). The ro-values are the maximum wick size. For gold, I need to put in a size of 10000, no idea why yet... This program works with blocks, buy & sell seperated, hence all those inputs. {file}
the new version doesnt open any trades
  • #32
  • Edited 7:07am Jan 30, 2019 6:55am | Edited 7:07am
Quoting artic118
{quote} the new version doesnt open any trades
On gold, you should get 55 trades since 2015
==change the ro values to 10000.0==
This EA builder seems to have issues with the wick calculation.
  • #33
  • Edited 9:11am Jan 30, 2019 9:01am | Edited 9:11am
Quoting Go5
{quote} On gold, you should get 55 trades since 2015 ==change the ro values to 10000.0== This EA builder seems to have issues with the wick calculation.
try this settings,..ro value,..25000,..min candle,..850,...orderminuts,..950
  • #34
  • Edited Jan 31, 2019 3:38pm Jan 30, 2019 4:22pm | Edited Jan 31, 2019 3:38pm
WOW what a terrible day...
I am a little discouraged, I have tried methods like this before, where any individual chart has good results looking back, but then when you trade all pairs together you get either a death by a thousand cuts or you just keep around break even.

Having said that I am still going forward with this. I have done an entire year before of testing every day and posting full monthly reports. I don't think that will be necessary in this case. here is the link https://www.forexfactory.com/showthr...76#post8667976

For my own enjoyment I have just done a visual back-test on GBPAUD...and AGAIN it looks really good, only 5 losses 15 wins 4 no trades

No trades today.

Chris
Attached Image (click to enlarge)
Click to Enlarge Name: ga.jpg Size: 183 KB
  • #35
  • Jan 30, 2019 5:29pm Jan 30, 2019 5:29pm
Quoting cfudge
WOW what a terrible day... I am a little discouraged, I have tried methods like this before, where any individual chart has good results looking back, but then when you trade all pairs together you get either a death by a thousand cuts or you just keep around break even. Having said that I am still going forward with this. I have done an entire year before of testing every day and posting full monthly reports. I don't think that will be necessary in this case. here is the link https://www.forexfactory.com/showthr...76#post8667976...
Hi,..Cfudge,..the system in the link,.is the same system,..???
  • #36
  • Jan 30, 2019 5:42pm Jan 30, 2019 5:42pm
Quoting cfudge
WOW what a terrible day... I am a little discouraged, I have tried methods like this before, where any individual chart has good results looking back, but then when you trade all pairs together you get either a death by a thousand cuts or you just keep around break even. Having said that I am still going forward with this. I have done an entire year before of testing every day and posting full monthly reports. I don't think that will be necessary in this case. here is the link https://www.forexfactory.com/showthr...76#post8667976...
Hi,..Cfudge,..the system in the link,.is the same system,..???
  • #37
  • Jan 30, 2019 6:02pm Jan 30, 2019 6:02pm
Quoting cfudge
WOW what a terrible day... I am a little discouraged, I have tried methods like this before, where any individual chart has good results looking back, but then when you trade all pairs together you get either a death by a thousand cuts or you just keep around break even. Having said that I am still going forward with this. I have done an entire year before of testing every day and posting full monthly reports. I don't think that will be necessary in this case. here is the link https://www.forexfactory.com/showthr...76#post8667976...
Hi Chris, I feel the same but I am determined to give this a go. I just have to accept that sometimes I will have to take a hit.
  • #38
  • Jan 30, 2019 6:03pm Jan 30, 2019 6:03pm
Quoting artic118
{quote} Hi,..Cfudge,..the system in the link,.is the same system,..???
No it was to do with ADX
  • #39
  • Jan 30, 2019 6:19pm Jan 30, 2019 6:19pm
Quoting cfudge
{quote} No it was to do with ADX
still profitable,..???,..ADX non repaint,..??
  • #40
  • Jan 31, 2019 12:28pm Jan 31, 2019 12:28pm
Quoting artic118
{quote} still profitable,..???,..ADX non repaint,..??
I would only say marginally
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