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The Volume Detective 411 replies

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(binned per thread starter’s request) MM (Money Maker) Detective

  • #4,561
  • Jul 8, 2019 5:06am Jul 8, 2019 5:06am
A few more GBPNZD-D1 charts, and then I'm done for the evening.

I optimized for the 3 exits -- crossing midline, crossing opposite band, closing above/below midline. The results are below.

Crossing midline yielded a smaller profit, but better statistics. Crossing opposite band and closing above/below midline are almost identical. I'm not sure if that's real or whether there's a bug. In any case, the results are consistent with EAs I've worked with in the past -- better stats mean lower profit. That's always the trade-off.

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  • #4,562
  • Jul 8, 2019 5:09am Jul 8, 2019 5:09am
Quoting cardm3n
{quote} I am pretty sure that is because of the repainting of the indicator. If you watch it in strategy tester you will see how it repaints a little. Sometimes not by much, but enough to have triggered a trade and then a few candles later it is gone. I also watched the EA in the strategy tester and it does the same thing. Run a visual back test and compare all of the entries and you will see what I mean. Hindsight is always 20/20. Only testing will show if it the repainting will not be a big enough issue.
@cardm3n -- yes, I forgot about repainting. Good point. That's why we pay you the big bucks...
  • #4,563
  • Jul 8, 2019 5:12am Jul 8, 2019 5:12am
Quoting cardm3n
{quote} I am pretty sure that is because of the repainting of the indicator. If you watch it in strategy tester you will see how it repaints a little. Sometimes not by much, but enough to have triggered a trade and then a few candles later it is gone. I also watched the EA in the strategy tester and it does the same thing. Run a visual back test and compare all of the entries and you will see what I mean. Hindsight is always 20/20. Only testing will show if it the repainting will not be a big enough issue.
Interesting but that Buy was opened near the mid line so that is a large repaint.

My MT4 plugin stores variable spread, so I set the EA to 100 because it was not opening trades, but when I look at the experts log the spread at the time of opening the trade was 231, which was the maximum so far, so I will set it to 400 and see how it goes
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Some people say I'm lucky, but the more I practice the luckier I get
  • #4,564
  • Jul 8, 2019 5:12am Jul 8, 2019 5:12am
Hi,
Just have some questions about the trades the EA took on GN.
Keep up the good work
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  • #4,565
  • Jul 8, 2019 5:16am Jul 8, 2019 5:16am
Quoting bishopdotun
{quote} I agree to all but with a minor change. - It should be closing at opposite band. Price may touch the opposite band but may not necessarily generate a signal.
If the option "close in opposite band" is selected, but no signal is generated, that's ok. But you probably are referring to the hidden exit of exiting at opposite signal. That is different from the previous option.

We know the markets are basically waves, they bounce back and forth. If the entry signals are good, as Drock once said, why not use them as exits as well? This is just my way of thinking, if it were a option, then you could decide to use it or not as you see fit.
  • #4,566
  • Jul 8, 2019 5:17am Jul 8, 2019 5:17am

Quoting jdva
{quote} GN EA exit crossing opposite band... {image}


GN EA...ADR/ATR 10days crossing middle band

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I never lose - either I win or I learn...
  • #4,567
  • Jul 8, 2019 5:23am Jul 8, 2019 5:23am
Quoting robots4me
{quote} @cardm3n -- yes, I forgot about repainting. Good point. That's why we pay you the big bucks...
I will take my payment in Monopoly money please. Also, get out of jail cards will be fine.

For the option to exit at opposite band, does it use the current band the trade was taken, or does it keep moving the exit as the bands move as price moves?
  • #4,568
  • Jul 8, 2019 5:23am Jul 8, 2019 5:23am
Quoting El1000
Hi, Just have some questions about the trades the EA took on GN. Keep up the good work {image}
@El1000 -- thanks for the detailed analysis -- this helps a lot. There are some unexplained trades in there -- I will take a closer look tomorrow.
  • #4,569
  • Jul 8, 2019 5:34am Jul 8, 2019 5:34am
Quoting robots4me
{quote} @El1000 -- thanks for the detailed analysis -- this helps a lot. There are some unexplained trades in there -- I will take a closer look tomorrow.
For me it seems like when a bar is closing inside the bands after it was opened outside the bands, then the EA does take a trade?
  • #4,570
  • Jul 8, 2019 6:09am Jul 8, 2019 6:09am
Quoting Robot Trader
{quote} Interesting but that Buy was opened near the mid line so that is a large repaint. My MT4 plugin stores variable spread, so I set the EA to 100 because it was not opening trades, but when I look at the experts log the spread at the time of opening the trade was 231, which was the maximum so far, so I will set it to 400 and see how it goes {image}
I tested to find, "shifting" to be the biggest issue in my earlier post. I have been testing shorter timeframes since Tokyo open in live market to see that happen real time.
  • #4,571
  • Jul 8, 2019 6:20am Jul 8, 2019 6:20am
Getting spread at 532 points and maybe greater, so it could be the time of day the trades are being triggered by the Strategy, not sure if the EA keeps trying to open a trade once it drops within the minimum range or just skips the trade.
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Some people say I'm lucky, but the more I practice the luckier I get
  • #4,572
  • Jul 8, 2019 6:21am Jul 8, 2019 6:21am
Quoting Robot Trader
{quote} Interesting but that Buy was opened near the mid line so that is a large repaint. My MT4 plugin stores variable spread, so I set the EA to 100 because it was not opening trades, but when I look at the experts log the spread at the time of opening the trade was 231, which was the maximum so far, so I will set it to 400 and see how it goes {image}
Since we are trading on daili timeframe, the signal to open a trade always come at the beginning of the new trading day, which is when brokers have their rollover. You will definitely see spiked spreads when at this time. A spread filter is definitely important as spreads on some pairs can be significant. Manual trading is not such a big deal, you can just wait for the spreads to normalize.

But what happens here when the spread is bigger than the max spread option? Will the EA wait until the spread is within range and then place a trade? Or will it just be skipped?
  • #4,573
  • Jul 8, 2019 7:01am Jul 8, 2019 7:01am
Finished full BT, didn't get same amount of trades, maybe because of the spread and the new trade restriction parameters, but it didn't make a profit for me.
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Some people say I'm lucky, but the more I practice the luckier I get
  • #4,574
  • Jul 8, 2019 7:27am Jul 8, 2019 7:27am
The new thread is up:

https://www.forexfactory.com/showthread.php?p=12370488#post12370488
  • #4,575
  • Jul 8, 2019 8:24am Jul 8, 2019 8:24am
I have tried many times according to the instructions of R4M as running Strategy Test still fails, the results do not run like everyone. Please teach! Sincere thanks!
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  • #4,576
  • Jul 8, 2019 8:36am Jul 8, 2019 8:36am
Quoting anhthu049
I have tried many times according to the instructions of R4M as running Strategy Test still fails, the results do not run like everyone. Please teach! Sincere thanks! {image} {image}
Are you using Birt's plugin I see Tick data Settings? If you are then that could be why
Some people say I'm lucky, but the more I practice the luckier I get
  • #4,577
  • Jul 8, 2019 8:44am Jul 8, 2019 8:44am
Exit when price cross opposite band not working correctly.

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  • #4,578
  • Jul 8, 2019 8:56am Jul 8, 2019 8:56am
Quoting Robot Trader
{quote} Are you using Birt's plugin I see Tick data Settings? If you are then that could be why
thank you ! I have unchecked the tick data use box. Results are available
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  • #4,579
  • Jul 8, 2019 9:33am Jul 8, 2019 9:33am
Quoting anhthu049
{quote} thank you ! I have unchecked the tick data use box. Results are available {image}
That's good, but you didn't answer my question, can you please tell me if you are using Birt's paid plugin for backtesting which uses Dukascopy Tick data? Because if you are we can compare results, should you test the EA like I am doing, using the full benefit of the MT4 plugin.
Some people say I'm lucky, but the more I practice the luckier I get
  • #4,580
  • Jul 8, 2019 9:44am Jul 8, 2019 9:44am
Quoting Robot Trader
{quote} That's good, but you didn't answer my question, can you please tell me if you are using Birt's paid plugin for backtesting which uses Dukascopy Tick data? Because if you are we can compare results, should you test the EA like I am doing, using the full benefit of the MT4 plugin.
I am using Birt plugin, using Dukascopy Tick data. However, this is Crack version with a term of 15 days. Also I use Forex Tester 3 system. However, I don't know how to use it. If you need data for comparison, I am very pleased to contribute a part in the work on this topic of meaning! Because I'm new to learning Forex. therefore, I have not mastered how to use them. I am also an IT so implementation and analysis will definitely not be difficult for me!
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