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No Guts, No Glory

  • #41
  • Mar 31, 2019 11:46am Mar 31, 2019 11:46am
Hey FF,

I hope you're having a profitable 2019 so far.

"You should consider whether you can afford to take the high risk of losing your money."

Trade Wisely,
Khalil Abokwaik
No guts, no glory
  • #42
  • Edited 12:47pm Mar 31, 2019 12:19pm | Edited 12:47pm
Monthly/Weekly/Daily Open Line, something to watch out for in your trading:

Attached Image (click to enlarge)
Click to Enlarge Name: OpLine_GA.png Size: 56 KB
Attached File(s)
File Type: ex4 MWD-OpenLines.ex4   12 KB | 473 downloads
No guts, no glory
  • #43
  • Mar 31, 2019 12:56pm Mar 31, 2019 12:56pm
Quoting abokwaik
{quote} update (still on demo ) {image}
This is how it looks on live account :

Attached Image (click to enlarge)
Click to Enlarge Name: nGnG_Live.png Size: 27 KB


In Scalping, Transaction Cost is a major factor. It can eat up 50% of your profits. Here it was around 33%.
No guts, no glory
  • #44
  • Apr 1, 2019 2:31am Apr 1, 2019 2:31am
Attached Image (click to enlarge)
Click to Enlarge Name: EUM15_Apr1_Weekly2_Rejection.png Size: 39 KB
No guts, no glory
  • #45
  • Apr 1, 2019 3:26am Apr 1, 2019 3:26am
Quoting abokwaik
{image}
Good Scalp

Attached Image (click to enlarge)
Click to Enlarge Name: EUM15_Apr1_Weekly2_Rejection_CLOSED.png Size: 20 KB
No guts, no glory
  • #46
  • Apr 1, 2019 3:30am Apr 1, 2019 3:30am
Quoting abokwaik
Monthly/Weekly/Daily Open Line, something to watch out for in your trading: {image} {file}
this version with Alerts
Attached File(s)
File Type: ex4 MWD-OpenLines.ex4   14 KB | 492 downloads
No guts, no glory
  • #47
  • Apr 1, 2019 6:17am Apr 1, 2019 6:17am
Quoting abokwaik
I did some analysis on E/U H1 data for the last 4000 hours as a sample. Here are some findings: The max distance btw EMA10 and High/Low (depending on trend) was 121 pips. The average distance btw EMA10 and High/Low (depending on trend) was 17 pips, and stddev of 12 pips. There are 1549 readings exceed the average of 17 pips to EMA10. If we take only the readings above the average (count 1549), and average them, the average becomes 40 pips, and stddev of 11 pips. There are 197 readings exceed the new average of 40 pips to EMA10. Adding the stddev...
I think the distance should be calculated as Log(percentage). When the price of EURUSD gets higher distance in pips magnifies and vice versa when the price is smaller. I would humbly suggest MathLog(Price / EMA).
  • #48
  • May 28, 2019 11:13am May 28, 2019 11:13am
Quoting Dethorn
Hi, Mr. Abokwaik! First, I would like to thank you for your sincere contribution in assisting both the beginners and accomplished traders meet their objectives in trading. I must say I’ve learnt a lot from your FF threads. However, I'd like to ask for just one favor, although it's not in line with what is being discussed here. Is it possible to extend the expiry date set on the robot (expert advisor) I'm using? It's set to expire in a month, and I’ll be forced to reinstall a fresh, which is quite hectic. It can automatically place your stop loss...
You need to google TraderAgent v2.6 drop the ICE its available on the internet but of course the original is not expensive from DarkmoonFX !
cheers
Pho
  • #49
  • Nov 21, 2019 3:09pm Nov 21, 2019 3:09pm
Tnx abokwaik for a lot of threads. Here will point main ideas after reading your threads:

1) i will make EAs based on open price - this will give fast and precise backtesting posibilities using open prices modeling in strategy tester

2) backtest 10 years history and find out setups where no more than X consequent looses (minimum 500 deals for statistic)

3) use 1:K risk reward ratio where K > 1

4) increase volume by Y% after each loose but % is less than 100 and account must be able to survive X + Z consequent looses

5) make some bunch of EAs with diferent deals entering logic and divide capital for each EA.

How it loooks? What should be Z?
  • #50
  • Last Post: Nov 23, 2019 5:06am Nov 23, 2019 5:06am
Quoting joyny
Tnx abokwaik for a lot of threads. Here will point main ideas after reading your threads: 1) i will make EAs based on open price - this will give fast and precise backtesting posibilities using open prices modeling in strategy tester 2) backtest 10 years history and find out setups where no more than X consequent looses (minimum 500 deals for statistic) 3) use 1:K risk reward ratio where K > 1 4) increase volume by Y% after each loose but % is less than 100 and account must be able to survive X + Z consequent looses 5) make some bunch of EAs with...
Hi Joyny,

With regard to using Open Prices for back testing :

  1. make sure to use open prices for Exit (SL, TP, TrStop ... etc) as well.
  2. you still need tick data for more reliable testing.


As for "Z" value, it depends on the Y%. The lower Y%, the more it the EA can survive "Z" consecutive losses.
But it' s not easy as it looks.
Lower Y% survives more, while higher Y% recovers faster.

No guts, no glory
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