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  • #4,501
  • May 28, 2019 5:40pm May 28, 2019 5:40pm
Quoting fairtraderuk
{quote} Thank you for the results very helpful. Not much to report for today unfortunately. I will include H1 Cycle Trader (3,1) in my setups tonight and the idea of increasing lot size steadily is looking more feasible to achieve the 25/50/100 targets so long as ADR accommodates. My obsession with entry time for Cycle Trader continues but I think its a balance between Tokyo and London open for H4 or H1 timeframes. Jury still seems to be out on Basket SL perhaps. Cheers PS particularly like 1Hr All Pairs, Cycle(3,1) + RSI(240,4) confirm
I agree with those opening times, I generally just open on Tokyo currently only because it's the start of my day (OZy timezone). It looks like we still need a mix of H4 and H1 time frames in the current slow market. Here is my RSI(240,4) full settings:

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  • #4,502
  • May 28, 2019 5:54pm May 28, 2019 5:54pm
Quoting JustUncleL
{quote} I agree with those opening times, I generally just open on Tokyo currently only because it's the start of my day (OZy timezone). It looks like we still need a mix of H4 and H1 time frames in the current slow market. Here is my RSI(240,4) full settings: {image}
Thanks for that; just for comparison here is my RSI setting little short perhaps. I was initially changing the values frequently but found little difference in that they confirmed TS signal more often than not. All relative of course. Cheers
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  • #4,503
  • May 28, 2019 6:03pm May 28, 2019 6:03pm
Quoting JustUncleL
{quote} I agree with those opening times, I generally just open on Tokyo currently only because it's the start of my day (OZy timezone). It looks like we still need a mix of H4 and H1 time frames in the current slow market. Here is my RSI(240,4) full settings: {image}
uncleL

what does Rsi_period =4 and Apply_to =5 means exactly?
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When the internal struggle ends, everything becomes easy - Mr. Douglas
  • #4,504
  • May 28, 2019 7:12pm May 28, 2019 7:12pm
Quoting lananpips
{quote} uncleL what does Rsi_period =4 and Apply_to =5 means exactly? {image}
RSI_Period = the RSI averaging length applied to the the RSI time frame, in this case the 240m TF.
Apply_to = the price value used on which the RSI calculation is based (according to MQL4 reference guide the prices are: 0=close, 1=open, 2=high, 3=low, 4=HL2, 5=HLC3, 6=HLCC4).

I hope that helps.
  • #4,505
  • May 28, 2019 7:22pm May 28, 2019 7:22pm
Quoting fairtraderuk
{quote} Thanks for that; just for comparison here is my RSI setting little short perhaps. I was initially changing the values frequently but found little difference in that they confirmed TS signal more often than not. All relative of course. Cheers {image}
Just a personal preference whether you use 2 or 4 length, like you said there does not seem to be a lot of difference in the result. I like to use lengths 4 or more for RSI in general, just for a bit of smoothness. I believe the important thing for short RSI periods is to have the limits set to near 80/20 or even higher.
  • #4,506
  • May 28, 2019 7:38pm May 28, 2019 7:38pm
Quoting JustUncleL
{quote} RSI_Period = the RSI averaging length applied to the the RSI time frame, in this case the 240m TF. Apply_to = the price value used on which the RSI calculation is based (according to MQL4 reference guide the prices are: 0=close, 1=open, 2=high, 3=low, 4=HL2, 5=HLC3, 6=HLCC4). I hope that helps.
still too technical for me..lol..
i will just copy your settings, easier that way haha..

still, thanks for your response
When the internal struggle ends, everything becomes easy - Mr. Douglas
  • #4,507
  • May 28, 2019 8:52pm May 28, 2019 8:52pm
There is always a case to be made for taking profits before they turn into losses........
USDCAD on it's own was up around $200 prior to a retrace, however there was no opposite signal so trades remain open. Looks like it is hitting a double top so may yet reverse.
Toying with the idea of setting a per pair ADR TP but that is a little difficult to work out given that add ons with marty are being used so would need to set a TP of around 20 x ADR or else I would be cutting the profits short.
This basket is well into overall profit so happy to let it run as is for a while.
I am also experiencing add on trades on the 'wrong' side of a trade and it appears that the TS is not being reset on the close of an opposite signal. Need to do this manually.
Also still having issues with some add ons not being taken but no -1 errors on DB v8x
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  • #4,508
  • Edited 10:49am May 29, 2019 9:59am | Edited 10:49am
Quoting JustUncleL
{quote} Just a personal preference whether you use 2 or 4 length, like you said there does not seem to be a lot of difference in the result. I like to use lengths 4 or more for RSI in general, just for a bit of smoothness. I believe the important thing for short RSI periods is to have the limits set to near 80/20 or even higher.
Thanks for that; I shall now be running Cycle Trader on H4 and H1 in parallel with confirmed RSI 240 and RSI 1440 per attached. Will also increase lot size to 0.02 and 0.03 in time targeting 250/500 pips take away one n done daily setup on Tokyo open and see how that pans out over days to come. This still leaves Basket SL (perhaps set too wide right now) still to be determined pending lot size. Cheers

PS. I have only recently started paying attention to DB ADR trying to determine correlation with start time and profitability. If I am correct we had ADR of @2000 pips recently but this week running @ 1700 pips indicating lower volatility and potentially less profitability for our S9 TS's. Following the logic I am assuming once ADR has hit @ 80%, remaining daily movements (aside from news or institutional manipulation) within the 28 pairs are likely to be limited and hence reasonable to close down (day) trades.

Would you have any thoughts on this?

Thanks
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  • #4,509
  • Edited 1:28pm May 29, 2019 1:07pm | Edited 1:28pm
Quoting seller9
Thanks guys for posting reasons for picking your pairs to trade. For those having problems with MT4 running slow in the latest Windows have you tried the following? 1) Try running MT4 in a different compatibility mode? Such as XP or 7 2) Is your antivirus software extremely active? 3) Run MT4 as administrator. 4) There are a bunch more that can be found with a search.
Hi Gene, I am experiencing intermittent but frequent response lags from S9 Cycle Trader MT4 on my new i7 Desktop running Windows 7 with 32Gb RAM and 256Gb SSD dedicated to trading. Just to compare with my alternate platform running Windows 10 with 8Gb RAM the setup feels slow instead of rocketing along. To be more specific can sometimes takes 3-5 seconds to respond to DB Properties Setup Menu changes for instance which is not the case on the lower spec machine. Would you have any thoughts on this? Thanks

UPDATE: Just noticed Windows Compatibility may be an option to try
  • #4,510
  • May 29, 2019 4:29pm May 29, 2019 4:29pm
Results for yesterday, market still overall well down on volatility (nearly 1600 ADR) so I reduced all my targets to match, in the the form of Basket EL. I am also testing with mostly using just JPY and USD pairs, this halves the number of cross pairs (and market exposure) but still gives full coverage of all 8 trading currencies as seen by my results with different TS setups. With the reduction in pairs I have increased my lot sizes as well.

Cycle TS Setups:
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Basket TS Setup:
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DM_SD TS Setup:
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Cycle TS All Pairs with RSI filter:
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  • #4,511
  • May 29, 2019 4:38pm May 29, 2019 4:38pm
My JPY only pairs comparison test was interesting:

Basket_Trader TS: this setup is giving a stronger filter on the swing points than the Cycle TS

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Cycle TS: this should have produced a profit of around $50, but looks like the market moved too quickly for the DB to close all the open orders quickly enough (including the AddOns) and actually one trade was left open which I had to close manually.

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  • #4,512
  • May 29, 2019 5:40pm May 29, 2019 5:40pm
Quoting fairtraderuk
{quote} Thanks for that; I shall now be running Cycle Trader on H4 and H1 in parallel with confirmed RSI 240 and RSI 1440 per attached. Will also increase lot size to 0.02 and 0.03 in time targeting 250/500 pips take away one n done daily setup on Tokyo open and see how that pans out over days to come. This still leaves Basket SL (perhaps set too wide right now) still to be determined pending lot size. Cheers PS. I have only recently started paying attention to DB ADR trying to determine correlation with start time and profitability. If I am correct...
Don't forget if you want to target 250/500 pips with the higher 0.02 lots you need to set EL to $50/$25 and Basket TP/SL to $100/$300.
  • #4,513
  • May 29, 2019 6:52pm May 29, 2019 6:52pm
Quoting fairtraderuk
{quote} Hi Gene, I am experiencing intermittent but frequent response lags from S9 Cycle Trader MT4 on my new i7 Desktop running Windows 7 with 32Gb RAM and 256Gb SSD dedicated to trading. Just to compare with my alternate platform running Windows 10 with 8Gb RAM the setup feels slow instead of rocketing along. To be more specific can sometimes takes 3-5 seconds to respond to DB Properties Setup Menu changes for instance which is not the case on the lower spec machine. Would you have any thoughts on this? Thanks UPDATE: Just noticed Windows Compatibility...
I generally find MT4 works well on Windows7, I downgraded from Windows10 because I was getting security issues with my Broker accounts which started when Win10 did a major update. The only time I've noticed the DB terminals slow down is when I have too many terminals open (for my i7-4790 that's 8 or more) or my terminals have lots of trades (with addons) open, which is to be expected.
  • #4,514
  • May 29, 2019 7:08pm May 29, 2019 7:08pm
Not a lot to report this morning - I have included a 30 x ADR per pair TP.
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  • #4,515
  • Edited 8:43pm May 29, 2019 8:19pm | Edited 8:43pm
Quoting JustUncleL
{quote} I generally find MT4 works well on Windows7, I downgraded from Windows10 because I was getting security issues with my Broker accounts which started when Win10 did a major update. The only time I've noticed the DB terminals slow down is when I have too many terminals open (for my i7-4790 that's 8 or more) or my terminals have lots of trades (with addons) open, which is to be expected.
That sounds encouraging thank you JustUncleL. Could I check/compare my compatibility setting with your setup? I am trying to determine whether a) Service Pack level is correct and b) Compatibility mode for Windows 7 is all that is needed here. I am still struggling to see an improvement with intermittent hanging on menu options having set Win 7. Any help most appreciated. Cheers
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  • #4,516
  • Edited 8:44pm May 29, 2019 8:25pm | Edited 8:44pm
Quoting JustUncleL
{quote} Don't forget if you want to target 250/500 pips with the higher 0.02 lots you need to set EL to $50/$25 and Basket TP/SL to $100/$300.
So if I am not mistaken we are arriving at Basket SL = 3 x Target TP or by another example using Lot size 0.01 with EL 25/15 requiring SL 75 which seems to fit in with historical results so far. Cheers
  • #4,517
  • May 30, 2019 2:00am May 30, 2019 2:00am
Hi Everyone,

Just currently reading through the thread (Currently up to page 170) but thought I would just say great work to everyone involved and I look forward to joining in the testing very soon.
  • #4,518
  • Edited 5:16am May 30, 2019 4:45am | Edited 5:16am
Quoting fairtraderuk
{quote} That sounds encouraging thank you JustUncleL. Could I check/compare my compatibility setting with your setup? I am trying to determine whether a) Service Pack level is correct and b) Compatibility mode for Windows 7 is all that is needed here. I am still struggling to see an improvement with intermittent hanging on menu options having set Win 7. Any help most appreciated. Cheers {image} {image}
I don't see why you need the compatibility layer if you are already running Windows 7! You should only need that layer if you are running Windows10. I just run my MT4 terminals straight on the Windows 7 platform.

PS: The service pack is correct, there was only one for Win7, I assume you started with a clean build Windows 7 and have applied all the Windows 7 updates as well?
  • #4,519
  • May 30, 2019 6:43am May 30, 2019 6:43am
Quoting JustUncleL
{quote} I don't see why you need the compatibility layer if you are already running Windows 7! You should only need that layer if you are running Windows10. I just run my MT4 terminals straight on the Windows 7 platform. PS: The service pack is correct, there was only one for Win7, I assume you started with a clean build Windows 7 and have applied all the Windows 7 updates as well?
The build was clean Windows 7 Professional with all updates to date applied on Service Pack 1 which as you rightly say is the only one available. So I am wondering why the compatibility warning message and the lagging user experience is happening. Any how thanks for that will see how it goes. Cheers
  • #4,520
  • May 30, 2019 8:36am May 30, 2019 8:36am
Only Taking Sells below SMA200. Tuesday to today.

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