Disliked{quote} Thank you for the clarification, I did think it was something like that when there was fast price changes.Ignored
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- #4,325
- May 8, 2019 11:11am May 8, 2019 11:11am
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Picked up a few more pips last night.
- #4,328
- May 8, 2019 2:26pm May 8, 2019 2:26pm
{quote} Thank you very much for Cycle Trader v4 Gene; received and installed for tonight's test series. Meantime please see some results from today. All the best {image} {image} {image}
..looks good, how long have you been testing this?
When the internal struggle ends, everything becomes easy - Mr. Douglas
- #4,330
- May 8, 2019 3:21pm May 8, 2019 3:21pm
- | Joined Sep 2015 | Status: Trader | 1,863 Posts
Some sample results from yesterday, all of my CycleV3 tests used wait cycles of 1 or 2 and I have farely conservative EL TP/SL settings.
CycleV3 setups:
BasketTraderV9 setups:
CycleV3 setups:
BasketTraderV9 setups:
- #4,334
- May 8, 2019 6:56pm May 8, 2019 6:56pm
{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...
What you suggest could only happen if the price moved up very quickly by 50 odd pips (as per my 2 x ADR) and back down again just as fast, but even then it would only take one additional addon at that pricelevel, not 3 or 4. And there is the issue of incorrect lot sizes also.
I think this is a leftover issue from v2 however it only affects some pairs, not all, so it might be somewhat problematic to hunt it down.
Thank you for the update Gene, I'll install it over the weekend after I have closed down my current setup which is chugging along nicely.
Am now in overall profit for the week
- #4,336
- May 9, 2019 9:36am May 9, 2019 9:36am
- | Joined Sep 2015 | Status: Trader | 1,863 Posts
Not a good day for my setups, many have already hit my Basket SL, and the rest are still in deep red seas:
CycleV4 setups:
I may have my Basket SL too tight, or just a bad day.
BasketTraderV9 setup:
CycleV4 setups:
I may have my Basket SL too tight, or just a bad day.
BasketTraderV9 setup:
- #4,338
- May 9, 2019 12:00pm May 9, 2019 12:00pm
Not a good day for my setups, many have already hit my Basket SL, and the rest are still in deep red seas: CycleV4 setups: {image} {image} {image} I may have my Basket SL too tight, or just a bad day. BasketTraderV9 setup: {image}
But mine is user-error as i am an impatient person (not a good trait for a trader).
I had my setup on H1 originally but because I have too much time in front of the pc now, i keep on tweaking it.
Gene released v4, so it was an opportunity for me to tweak my setup again..lol..
I am now trying Cycle 12 on H4, Candle 1 confirmation. Limited Add-on (4 only, so max i can have for a pair is 5) and Marty-OFF.
I am also trying all pairs now except for high spreads (more than 3.5 pips, is a NO
).All in all, i really believe Cycle TS will work if i will just leave it alone.
Just sharing..dont follow me
When the internal struggle ends, everything becomes easy - Mr. Douglas
