EA development journal

Candyman how many pairs do you trade with Swing HiLo?

Dude i think you lost the plot by having so many trade setup

anybody who has the ability should test eas , and give some performance result, candy had done many hard works in these eas, if my vps issue FIX , i will do some BT for these eas.

candy said before

I am trading the following pairs.
EurUsd,GbpUsd,UsdJpy,UsdChf,UsdCad,AudUsd,NzdUsd,
GbpAud,GbpCad,GbpJpy,GbpNzd,EurJpy

This is just my choice no particular reason. But there are twelve in order to avoid huge draw down

No, that's the old one.

I was out of town, just got back. I trade 18 pairs

Thanks for filling in. I used to trade those but it was dangerous on draw down. so I removed high volatility pairs

noted

that will be most welcome

I keep thinking I have cracked the sending of trades bug , but it aint as easy as I thought.
Anyway time way from the computer has brought new idea's. So I will be coding up something.

How does it work? Do I have to pick one setup from 79? Or can I just choose all of them?

You talking about pip klypa. My intention of giving each setup true or false input was just in case a trader had time to back test each setup on various pairs to see which was most profitable. But since there are so many such back testing would be one heck of a mission.
So better to just let all be true.

One other way of verifying a setup is good is to check the charts I posted of each setup. Once again just too many.

By the way the Trade Explorer with pip Klypa is trading all pairs

I will be using an indicator from swing man to draw channels .
enjoy

I finally managed to crack the send of trades thingie. Here is a work in progress copy .
It only has one setup so far. I got it from my forex mentor. Here is link of the setup explained https://dailypriceaction.com/daily-s...arget-at-82-30

Here is simple concept I Have introduced.
Say we have a Buy signal . The EA will send a (only one) buy stop or limit. You choose.
Mentally I have said that buy trade should have a 150 pip stop loss = $ 15 based on Lot 0.01
if that buy trade has gone 100 pips below the price it entered the market ( loss = $10 )
The EA will enter another buy trade (Second buy trade)
if the first buy trade has gone 120 pips below the price it entered the market
The EA will enter another buy trade (Third buy Trade)
Loss at the moment will be 1st trade loss = $12 2nd trade loss = $ 2 total $14
If the price goes 150 pips below first trade the Loss will be as follows
1st trade loss = $15
2nd trade loss = $ 5
3rd trade loss = $ 3
Total Loss = $23.
The EA will then close all buy trades. The same is true for sell trades.
There is an input in EA called LossToCloseBuyOrSell, the default is 23.

Basically Buys are a basket and Sells are a basket

Also I noticed SwingHyLoDaily was making good success after a buy signal it would pump in three buystops.
I want to try and mirror this with less risk

To answer the questions. You have the ability to do both.

It is better to choose all since there are so many, but you might find I am wrong

Here visuals of setups so far
01
02
03
The other thing is that I have a separate function for each buy signal to be sent
I have four buy signal functions. Meaning the most buys that can be sent is four.
I am planning that one of those has booster lot.
example 1st buy sent 0.01 2nd buy 0.01 3rd buy 0.01 4th buy 0.03

ea update so far

Please note that PipKlypa takes a while about a week or two to get warmed up.
The reason for this relates to it drawing swing points. It only draws fresh swing points. So it waits a week after you have put it to draw swings developed that week.
I was having problem with it drawing swing points immediately it is placed on a chart.
Another way around the delay would be for one to do a visual back test say for a period of three months.
The visual back test must end on current week you want to place EA on.
The you save the chart that the visual back test was done . Save it as a template. Example EurUsd do a visual back test. Save chart as templet.
Then open EurUSd chart and open templet you just saved on it and then place the EA on it.
You have to do this for each currency pair you want it to trade.
I did not go through the saving of templates for the Trade Explorer showing on my profile. I let it wait. This would explain why the first few days
performance was up down. Starting balance 200 it would go to 170 then swing to 190 then 165 but by end of week 214.
This week its rocking. Another Note is the sending of trades is note perfecto

Three Trades of Life time. (Disclaimer do not invest money you can not afford to loose)
My forex mentor says expect a big move in EurUsd in end April Beginning May.https://dailypriceaction.com/daily-s...o-be-careful-2
Swing Trading is all about patience. So from now till then try find the best buy price for EurUsd. Between 1.12 and 1.13. From june onwards EurUsd wont
come back to these levels for a long time


The other guy I follow for technical analysis is chris vermulen
Here is what he has to say https://www.thetechnicaltraders.com/...-move-in-gold/

Funny how both april may is coming up in the links. If you read zerohedge you will know what

Here is an example of how separating buy sell signals and having 4 functions for sending trades helps

The image shows what was considered a buy signal in pip klypa. This is a buy signal but not first preference.
What I mean is this. We have the ability to send four trades. The first trade sent must be a high probability buy signal.
Meanwhile the image is showing us a medium probability buy signal. A medium probability signal should only be allowed if
a high probability is open. This way it will be coming in as support for the high probability trade. if the high probability trade is in loss
then we looking to help get it out of market by maybe boosting the lot on medium probability trade.

journaling all this is really helping make things clearer for me. Hope it helps you guys too.