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Attachments: Consecutive Candles Williams %R and Volume with 55EMA Baseline
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Consecutive Candles Williams %R and Volume with 55EMA Baseline

  • #541
  • Jul 20, 2019 10:54am Jul 20, 2019 10:54am
These are my testing results so far.

Demo Account-Only XAUUSD-Couple of Open Trades which are in profit.

Attached Image (click to enlarge)
Click to Enlarge Name: Stat.PNG Size: 67 KB



Note: Trades were in draw-down when open, but they closed in profit.

Thanks
  • #542
  • Jul 20, 2019 10:57am Jul 20, 2019 10:57am
Test Results on GBPNZD-Demo Account

Attached Image (click to enlarge)
Click to Enlarge Name: Stat.PNG Size: 63 KB
  • #543
  • Jul 20, 2019 1:44pm Jul 20, 2019 1:44pm
Quoting cfudge
The last few days have been worrisome, to say the least. Yesterday I was in DD $2500 today $193, regardless, that is too high. I have been considering options to overcome this problem, without using a SL. I just think that they will only serve to turn this into a total loss system. I think using small lot sizes across all TFs will be a good move, the lower TFs seem to give the most trades in a particular direction so it may not make sense to place the larger pos. sizes on them. My original idea was that the lower TFs were more volatile and would...
Chris,

These are my thoughts:

So far the EA is delivering- It is an aggressive system- I am thinking along the lines of Stop Loss in terms of Account Equity- if one's total capital is $10k- run the system with $2500 in the account.Worse case if the account is blown-- Ride through the stomach churning/uncomfortable moments and let the EA do it's thing-let it collect/generate profit $2500 as the upside to this aggressive/risky behavior is increase ROI- Moving forward one can subtract some amount or keep trading with the now $5k- Rinse and Repeat-Of course as the account grows-you would be taking the profits and adjusting the MM plan.

Also, running the test for another two months with the original config could tell us if 2.5 K draw-down is an one off event or if it keeps repeating.

2. I trust your judgement on the envelopes filter- I am up for forward testing both with original aggressive MM and with the filter and we can take a call after a certain mini um sample size is achieved.

3. My suggestion for filter-although i don't know how to go back and back test is:

Using ADR-something like trades are triggered only after price has done 0.75+ or 75%+ of its ADR-as price will be ripe for a reversal.

Thanks
  • #544
  • Jul 20, 2019 5:55pm Jul 20, 2019 5:55pm
@cdk
I have tried the step, in the form of the halftrend 2.0 and while promising, it did not scream "USE ME, I'M GREAT". lol

@aaven, thanks for your support (you too cdk and tiivaa and foff00) and for testing this with me.

I am now looking at the Kijun sen 55, alone, as a nice filter. Will let you know how it turns out. It takes a while to go through the charts though.

I will keep testing the original rules as I am happy...ish so far. But I Intend on implementing one or two options for exit filters into the EA.

Question...would the filter work better as a stand-alone script or would it be better as part of the EA. (not a coder so...)

Chris

OH! one change I am going to make is scrap the silver 15min chart and maybe the copper 15min chart.
  • #545
  • Jul 20, 2019 6:29pm Jul 20, 2019 6:29pm
Quoting cfudge
@cdk I have tried the step, in the form of the halftrend 2.0 and while promising, it did not scream "USE ME, I'M GREAT". lol @aaven, thanks for your support (you too cdk and tiivaa and foff00) and for testing this with me. I am now looking at the Kijun sen 55, alone, as a nice filter. Will let you know how it turns out. It takes a while to go through the charts though. I will keep testing the original rules as I am happy...ish so far. But I Intend on implementing one or two options for exit filters into the EA. Question...would the filter...
Chris,

Filters as part of the EA would be best. By having the filtering logic within the EA- Backtesting the strategy with Filters on Strategy Tester would be possible.
The EA could have a section in the parameter, something like: where we can select our choice.

"Use Filter"

a. None [Goes with original settings- no filter]

b. Filter X

c. Filter Y

Based on the section, the EA would execute trades without filter or with filter X or with filter Y

Great Job Chris- Staying on top of things as ever...


Thanks
  • #546
  • Jul 20, 2019 6:39pm Jul 20, 2019 6:39pm
Hi Chris,
I agree, Kijun sen indicator is a very good option and gives the trade more breathing room. Can you share the version that you are considering? There are so many variations available.
  • #547
  • Jul 20, 2019 7:34pm Jul 20, 2019 7:34pm
Hi aaven, noted, I thought it might be easier to code a script than to change the EA. I have sent the EA coder a message about this so will see what he says.

cdk1212 I am just using the ichimoku with all the other stuff turned to no colour. But was going to ultimately get a version of just the Kijun. Do you have one?

Her is a peek of the 4 hour results with Kijun 25 as a filter, since Dec 1 2018 to May 23 2019. ( the numbers in squares correspond to the white, filtered results)

Again I want an entire candle to close beyond opposite side of Kijun sen.

Chris

Attached Image (click to enlarge)
Click to Enlarge Name: kijun filter 4 hour.jpg Size: 213 KB
  • #548
  • Jul 20, 2019 7:51pm Jul 20, 2019 7:51pm
Hi Chris,
I was playing around with different versions and landed on Kijun-Sen-alerts. I have the Kijun set to 50.
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-07-20_1846_-_Kijun-Sen_-_example.png Size: 61 KB
Attached File(s)
File Type: mq4 Kijun-Sen alerts.mq4   6 KB | 438 downloads
  • #549
  • Jul 20, 2019 7:59pm Jul 20, 2019 7:59pm
Thanks cdk1212

I was hoping to just get one with the Kijun sen by itself. I can't imagine all those windows on a chart LOL
  • #550
  • Jul 20, 2019 9:05pm Jul 20, 2019 9:05pm
Yeah, that's true. I like the looks of that Kijun-Sen-alerts and easy to program when color change, then exit position. But it does not solve the problem. What if Williams%R says to enter and Kijun never changes color in that direction? hmmm.
This example Kijun is set to 50.
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-07-20_1959_-_Williams%R_with_Kijun-Sen-Alert.png Size: 61 KB
  • #551
  • Jul 20, 2019 9:21pm Jul 20, 2019 9:21pm
This looks a lot better. This example is 2 different Kijun-Sen-Alert; one at 26 & other at 50. It's Gold on a 30 min chart
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-07-20_2018_-_Williams%R_&_Kijun-Sen_-_Gold.png Size: 54 KB
  • #552
  • Jul 20, 2019 11:43pm Jul 20, 2019 11:43pm
I think I like this one
Attached File(s)
File Type: ex4 Jurik smoothed Kijun slope.ex4   34 KB | 340 downloads
  • #553
  • Jul 21, 2019 12:32am Jul 21, 2019 12:32am
Hi Cfudge -

No Nonsense Forex trader here, I have been using Williams % R in addition to Waddah ATT Explosion (100,30,15,15) for volume indi and LWMA 26 as baseline on 4 hr chart on all 28 currency pairs, would love to help in any way I can! never been profitable on commodities/metals (not much experience) and would love to learn. I've been reading the thread and it looks great. Let me know how I can get involved even if it's back/forward testing. Thanks!
  • #554
  • Jul 21, 2019 5:43am Jul 21, 2019 5:43am
Quoting cfudge
I think I like this one{file}
Chris,

Took it from the same site i think. It is the histogram version of Jurik Kijun Slope.

Better Visibility when comparing Trades taken by EA with the indicators setup.

Attached Image (click to enlarge)
Click to Enlarge Name: BB.PNG Size: 68 KB


Thanks
  • #555
  • Jul 21, 2019 9:37am Jul 21, 2019 9:37am
Hello all,

please i need help. I would like backtest this EA. Problem is, that it it not opening trades. I dont know where is the problem.
  • #556
  • Jul 21, 2019 9:41am Jul 21, 2019 9:41am
Hi aaven, I never knew this existed, nice one. However we need the one on the chart to see if the candle closes beyond it, not sure if we can get that info from a histogram.
  • #557
  • Jul 21, 2019 9:43am Jul 21, 2019 9:43am
Quoting sakultrader
Hello all, please i need help. I would like backtest this EA. Problem is, that it it not opening trades. I dont know where is the problem.
Your tester settings should look like this...then should work

Attached Image (click to enlarge)
Click to Enlarge Name: tester settings.jpg Size: 53 KB
  • #558
  • Jul 21, 2019 9:45am Jul 21, 2019 9:45am
Quoting cfudge
Hi aaven, I never knew this existed, nice one. However we need the one on the chart to see if the candle closes beyond it, not sure if we can get that info from a histogram.
Yes Chris...I overlooked that aspect...
  • #559
  • Jul 21, 2019 9:49am Jul 21, 2019 9:49am
it looks like this but it doesnt trade
Attached Image (click to enlarge)
Click to Enlarge Name: test.jpg Size: 65 KB
  • #560
  • Jul 21, 2019 9:55am Jul 21, 2019 9:55am
Quoting sakultrader
it looks like this but it doesnt trade {image}
Did you load the indies?
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