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  • #4,301
  • Edited 4:33am May 7, 2019 4:17am | Edited 4:33am
Quoting JustUncleL
{quote} I have used the individual Pair based TP/SL in past setups with mixed success, but have not tried it on the swing style setups. My reason being I treat the Swing trades like a basket, so I don't restrict any individuals potential for a large profit, and conversely I want to give the individual DD plenty of chance to reverse. I do however, place Broker Exit TP/SL on ever trade, I use TP=5xADR and SL=3xADR.
Thanks, I haven't tried it yet and like you I feel that Cycle is definitely better traded as baskets however was just curious. It was more around locking in some of the profits prior to when there are reversals but not necessarily opposite signals. Like you say it will probably cut the winners short and not give the looser's room to recover.

Also found a Session time converter where you can put your city in and gives you a nice easy display of Session times.

https://forex.timezoneconverter.com/...ific/Auckland;

Thanks, Matt.
  • #4,302
  • Edited 4:58am May 7, 2019 4:46am | Edited 4:58am
Quoting mightymatt
{quote} Thanks, I haven't tried it yet and like you I feel that Cycle is definitely better traded as baskets however was just curious. It was more around locking in some of the profits prior to when there are reversals but not necessarily opposite signals. Like you say it will probably cut the winners short and not give the looser's room to recover. Also found a Session time converter where you can put your city in and gives you a nice easy display of Session times. https://forex.timezoneconverter.com/...ific/Auckland; Thanks,...
Thank you for the reference, I was aware of that converter but it shows the Forex start times rather than the more significant Stock Exchange start times which is when the real action starts.

PS: For those traders who may not be aware the Forex trading session normally starts 7:00am to 9:00am depending on exchange. However, from my experience no significant Forex trading occurs until the Stock Exchange opens, an hour or so later.

PSS: All my chart results reference open times refer to the Stock Exchange open times.
  • #4,303
  • May 7, 2019 8:14am May 7, 2019 8:14am
Dear Gene and Traders.

Here is some result.

Best Regards.

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  • #4,304
  • May 7, 2019 8:30am May 7, 2019 8:30am
Hi All,

I have been following the thread for a few days , It is the best ever tools I had seen.
It is genius work.
Attached the first test.
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  • #4,305
  • Edited 12:06pm May 7, 2019 8:57am | Edited 12:06pm
100% sell for usdzar 4hour chart

TOMORROW IS ELECTIONS FOR SOUTH AFRICA
8 MAY 2019

THE FIRST AFRICAN COUNTRY TO HOSTED SOCCER WORLD CUP
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  • #4,306
  • May 7, 2019 9:54am May 7, 2019 9:54am
Hello, if someone could assist me I would GREATLY appreciate it. I can't get the resolution of my screen right so that I can see the COMPLETE dashboard and I was wondering if anyone else with a version of Windows has had problems, attempting the resolution so that they can see ALL the parts of the dashboard; Because, for some reason I cannot even if I use F11 it still doesn't make my screen big enough to be able to see all the features that we can use. If you can be of assistance ... please contact me and I'd appreciate the help.... I have Whatsapp and ZOOM and can download anything else you're familiar with to make this an easy process for you. Thank you in advance for your time.
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  • #4,307
  • May 7, 2019 1:31pm May 7, 2019 1:31pm
Quoting JimmyPark
Dear Gene and Traders. Here is some result. Best Regards. {image}
Thanks JimmyPark great result; could you just confirm your TS approximate start time and whether this was based on a single day? Cheers
  • #4,308
  • Edited 1:57pm May 7, 2019 1:46pm | Edited 1:57pm
Hi all, here are my best and worst results of today from Cycle Trader on M15 and H1 default settings in 5 combinations:

1) M15 London Open All Pairs
2) M15 London Open GBP/EUR/USD Pairs Only
3) H1 Tokyo Open All Pairs
4) H1 Tokyo Open GBP/EUR/USD Only
5) H1 Tokyo Open All Pairs No Add Ons

My focus remains on minimising DD from Cycle Trader default settings 1/2/3/0 based on a combination of TS execution times, pairs selection and perhaps RSI or HM combinations using M15 and H1 daily or H4 running weekly using 0.01 lot. Guess the idea is to capture the strongest moves, times and pairs in the market.

I hope to also have some Swing/Semafor/RSI results later in the week.

Cheers
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  • #4,309
  • May 7, 2019 2:01pm May 7, 2019 2:01pm
Another slow day, decided to close most setups down manually once they hit some profit, will restart on new days open. Here a few samples:

CycleV3 results:

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BasketTraderV9 Result: this 4hr test only found one matching pair all day

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  • #4,310
  • May 7, 2019 2:30pm May 7, 2019 2:30pm
Quoting JimmyPark
Dear Gene and Traders. Here is some result. Best Regards. {image}
Interesting idea to use the DB RSI filter on CycleV3 trades, that is a reasonable way to reduce the number of pairs that will opened.
  • #4,311
  • May 7, 2019 5:22pm May 7, 2019 5:22pm
Hi All,
Could someone help me.
I am running S9 TS basket on H4.
but in the chart showing H1 , As you see in the attached chart.
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  • #4,312
  • May 7, 2019 6:51pm May 7, 2019 6:51pm
@Matrade: you have open the Chart H1
  • #4,313
  • May 7, 2019 6:55pm May 7, 2019 6:55pm
Quoting JustUncleL
{quote} Interesting idea to use the DB RSI filter on CycleV3 trades, that is a reasonable way to reduce the number of pairs that will opened.
It is better to open the pairs with ADR (Daily Range or Daily Candle) higher us example 50 Pips ?? you have the pairs with the best move on this day ??
  • #4,314
  • May 7, 2019 7:12pm May 7, 2019 7:12pm
With a bit of luck I might be back at BE by the end of the week.
Trades are generally closing in profit by the time an opposing signal comes around.
I am still having issues in Cycle Trader v3 where on some pairs it places addons very close to the original trade and with unpredictable lot sizes.
I did not notice this last week as I was closing all trades down with a timer.
Other pairs appear to be working correctly.
Anyone else noticing the same?
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  • #4,315
  • May 7, 2019 8:04pm May 7, 2019 8:04pm
Quoting Pip Poppy
With a bit of luck I might be back at BE by the end of the week. Trades are generally closing in profit by the time an opposing signal comes around. I am still having issues in Cycle Trader v3 where on some pairs it places addons very close to the original trade and with unpredictable lot sizes. I did not notice this last week as I was closing all trades down with a timer. Other pairs appear to be working correctly. Anyone else noticing the same? {image}{image}{image}
Yes. I have been noticing that as well.

At first thought it was just an issue with using a different add # that went along with the stacking of the last trade issue, so I changed it back to 9 hoping to solve the issue. Even with add 9 I have seen it jump from .1 to .9 in one step, I have noticed this mostly on M15 and M5 time frames. I thought it might be a pair issue but M15 pairs with the issue were not having issues on the same H1 or H4 pairs. Then thought it might be an issue with the time frame of the DB compared to the timeframe of the TS, where the TS gets a big quick jump (like you see on lower time frames) and the DB is still holding back from the trade. Have not put too much testing into it but currently have my new DBs set at M1 to see if that helps, will find out in time.

In addition, on one pair, one time with a H1 time frame i did noticed a small spacing issue with the first trade but it was insignificant.
  • #4,316
  • May 7, 2019 9:41pm May 7, 2019 9:41pm
Quoting Pip Poppy
With a bit of luck I might be back at BE by the end of the week. Trades are generally closing in profit by the time an opposing signal comes around. I am still having issues in Cycle Trader v3 where on some pairs it places addons very close to the original trade and with unpredictable lot sizes. I did not notice this last week as I was closing all trades down with a timer. Other pairs appear to be working correctly. Anyone else noticing the same? {image}{image}{image}
I believe the issue you talk about is related to the fact that sometimes the price moves too quickly for the hidden pending trades to take place properly, the trades are taken by the TS when price moves passed the grid line, they are not actual real pending trades. Also your multiplier maybe too small, even 0.5 on 1hr charts is quite small as many pairs having small ATR's in the current market (ADR <60 on 50% of pairs). I suggest using multiplier of 1.0 whilst the ADR's are so low. Did you reload your charts after changing time frames (use the Alt M option)? if you don't reload your charts the TS may still have the settings for the lower TF.

PS: Another thing that may be happening is with 0 wait cycles the price is still moving whilst the TS is working out the grid lines, I suggest using a wait cycle of 1.
  • #4,317
  • May 7, 2019 10:24pm May 7, 2019 10:24pm
Quoting alula
{quote} Yes. I have been noticing that as well.
Well that news was convenient, unfortunately only had one MT4 running NZD pairs so I can't compare to my other time frames, but I think it sheds a little more light on what is going on.

Two of my H4 pairs skipped (had not seen a H4 skip yet) NZDCAD went from .1 to .4 to .6 NZDJPY went from .1 to .1 to .8 to ,9 The TS was on H4 the DB was on M15.

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Not really sure this is an issue, maybe just a caveat. Even if the DB was on M1 trades may have been skipped. If it is actually doing what I think it's doing, I could see how this could be helpful/hurtful in both risk and reward situations. Anyhow as always more testing needed

How did everyone's NZD pairs on Cycle v3 work out? Any skips?
  • #4,318
  • May 7, 2019 11:42pm May 7, 2019 11:42pm
Not much I can do about the Add Trades when the price moves very fast as these are not pending orders and the delay as to when the trade is placed and when the Broker actually opens it can cause these problems.

I see this also and it doesn't matter what time frame the chart or DB is on, it will still happen.

I will give it some thought but since this is not high frequency trading and probably none of us have a super fast connection and because MT4 is always slow and we are at the bottom of the Brokers to do list when we send in a trade I think we may have to live with it.

Some times in a fast moving market the trades can even be placed on top of each other so it looks like you are missing some add ons or they are showing the wrong lot size.
At present my EURNZD is open with a short trade and looking at the green doted sell lines with a lot size of .1 I have the following.

.1 = Entry
.1 = 1st Add On
.2 and .3 on top of each other = 2nd and 3rd Add On
.4 and .5 on top of each other = 4th and 5th Add On
.6 = 6th Add On

If you look at the Trades taken at the top of the screen it says Trades = 7 Lots = 2.2 which is correct and also looking in the trade log they are all correct.
But if I just look at the chart I would get the impression that they are wrong because several are on top of each other which is due to the time it took for the trades to be processed by the Broker.

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Here is my H4 which I just started a few hours ago.
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  • #4,319
  • May 8, 2019 12:00am May 8, 2019 12:00am
Quoting JustUncleL
{quote} I believe the issue you talk about is related to the fact that sometimes the price moves too quickly for the hidden pending trades to take place properly, the trades are taken by the TS when price moves passed the grid line, they are not actual real pending trades. Also your multiplier maybe too small, even 0.5 on 1hr charts is quite small as many pairs having small ATR's in the current market (ADR <60 on 50% of pairs). I suggest using multiplier of 1.0 whilst the ADR's are so low. Did you reload your charts after changing time frames (use...
The grid lines are drawn as soon as the TS sees a response back from the Broker that the original trade has been opened, so this can also cause a delay as the Broker likes to screw with EAs and make them wait. The TS will not start looking for Add Ons until it gets this response back from the Broker confirming the original trade, which can cause the Add On lines to be late to the party.
Price can move very fast no matter what chart time frame you are on so increasing the multiplier to spread the lines out more may help. Don't try to put the lines too close together as then you are back to what you had in version 2 where they would all be stacked on top of each other.
Also don't do more than 9 Adds as that is the maximum it was coded for.
  • #4,320
  • May 8, 2019 1:26am May 8, 2019 1:26am
Quoting seller9
{quote} The grid lines are drawn as soon as the TS sees a response back from the Broker that the original trade has been opened, so this can also cause a delay as the Broker likes to screw with EAs and make them wait. The TS will not start looking for Add Ons until it gets this response back from the Broker confirming the original trade, which can cause the Add On lines to be late to the party. Price can move very fast no matter what chart time frame you are on so increasing the multiplier to spread the lines out more may help. Don't try to put...
Thank you for the clarification, I did think it was something like that when there was fast price changes.
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