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  • #321
  • Jul 25, 2019 3:09pm Jul 25, 2019 3:09pm
Hey. why are there errors in the tester? the latest version
  • #322
  • Edited 3:50pm Jul 25, 2019 3:38pm | Edited 3:50pm
Quoting robots4me
{quote} @Robot Trader -- I don't understand why this has grown so complicated. This is simply another "Envelope-type" strategy with a midline -- not much different than @George's TMA. Where is @parisboy when you need him? There is a midline. It could probably be the midline from any of more than a few dozen "Envelope-type" strategies. The midline represents a fair-value / equilibrium price the system always returns to. In fact, every system I've ever seen has some sort of equilibrium that it returns to. In addition to a midline we need an...
Robots4me public presentation of his last EA update
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  • #323
  • Jul 25, 2019 3:50pm Jul 25, 2019 3:50pm
a free advice to all :

whatever the period use to calculate the ADR - make a test with 16, 32, 64, 128 and 256 Time Units
  • #324
  • Jul 25, 2019 4:26pm Jul 25, 2019 4:26pm
Tested Multipair EA on my demo acc, it was brilliant this week, but I suggest to add parameter (MaxOrdersPerPair = 1..3) because it's spamming orders in consolidation in current implementation.
  • #325
  • Jul 25, 2019 5:52pm Jul 25, 2019 5:52pm
Quoting valentin555
Hey. why are there errors in the tester? the latest version
@valentin555 -- I'm not a mind reader. Please give me some kind of hint or clue. What are the errors?
  • #326
  • Jul 25, 2019 5:56pm Jul 25, 2019 5:56pm
Quoting opiumfive
Tested Multipair EA on my demo acc, it was brilliant this week, but I suggest to add parameter (MaxOrdersPerPair = 1..3) because it's spamming orders in consolidation in current implementation.
@opiumfive -- there is a setting called "MaxOpenTrades". The default is "10", but you can set it to any value greater-than-or-equal to '1'.
  • #327
  • Jul 25, 2019 5:59pm Jul 25, 2019 5:59pm
@robots4me,im surprised nobody has asked when you are going to start a 'signal service' LOL :-]
  • #328
  • Jul 25, 2019 6:27pm Jul 25, 2019 6:27pm
Quoting nozzer
@robots4me,im surprised nobody has asked when you are going to start a 'signal service' LOL :-]
@nozzer -- it shouldn't be me. If anyone, I would take signals from @bishopdotun.
  • #329
  • Jul 25, 2019 6:44pm Jul 25, 2019 6:44pm
Quoting robots4me
{quote} @Robot Trader -- I don't understand why this has grown so complicated. This is simply another "Envelope-type" strategy with a midline -- not much different than @George's TMA. Where is @parisboy when you need him? There is a midline. It could probably be the midline from any of more than a few dozen "Envelope-type" strategies. The midline represents a fair-value / equilibrium price the system always returns to. In fact, every system I've ever seen has some sort of equilibrium that it returns to. In addition to a midline we need an upper...
Hi R4M,

Question, when we use for example 16% of the ADR on the LTF, how are the TP/SL values set, are they a percentage of the 16%? therefore a percentage of a percentage

Also replacing the 16% ADR with a ATR based on a true LTF time period is very simple, you just have a drop down window and pick (example) H4, so now the EA is using the most recent H4 bars for its calculations and just as important it is applying a ATR TP/SL percent against how the bars are currently forming, this can never be the case when using the 16% of ADR with a look back period of 20 days, therefore how can this TP/SL ever apply to the current cup when trading the LTF.

It is only complicated at your end, I am just a simple person so there is no way that I could make it complicated, if you don't believe me just ask the wife she will confirm how simple I am

Regards

RT
Some people say I'm lucky, but the more I practice the luckier I get
  • #330
  • Jul 25, 2019 7:11pm Jul 25, 2019 7:11pm
Quoting robots4me
{quote} @Robot Trader -- below are screen shots and commentry for GBPUSD back tests I ran using OHLC data. My data horizon is different than yours because my broker's data doesn't go back as far as your tick data. But the other settings are the same: {image} So, this looks quite different than your result, right? It might be the difference between tick data and OHLC data, or it might be the different data horizons. So, what does this tell us? I don't know. Tick data and OHLC data yield different results? Perhaps. The data horizon makes a difference?...
HI R4M,

I asked BD if he had any pair in particular he wanted me to run the BT on and he said no so I continued with the GBPUSD because it is one of the most traded pairs with low spread and a good ATR, remember we are trading the lower TF's and not your ADR large range GBPNZD on the Daily and this could be part of the difference in the use of ADR v ATR a pair can have a smaller ADR, but a larger more volatile ATR on the LTF's within each trading day.

I used TP = 1.5 & SL = 1 because if the EP the EA are finding are good then why would you want to risk more on a bad trade when there are many more good ones to come, with the TP I was looking to get out before the opposite band but after the Midline.

Regards

RT
Some people say I'm lucky, but the more I practice the luckier I get
  • #331
  • Jul 25, 2019 7:42pm Jul 25, 2019 7:42pm
Quoting Robot Trader
{quote} Hi R4M, Question, when we use for example 16% of the ADR on the LTF, how are the TP/SL values set, are they a percentage of the 16%? therefore a percentage of a percentage Also replacing the 16% ADR with a ATR based on a true LTF time period is very simple, you just have a drop down window and pick (example) H4, so now the EA is using the most recent H4 bars for its calculations and just as important it is applying a ATR TP/SL percent against how the bars are currently forming, this can never be the case when using the 16% of ADR with a...
Quote
how are the TP/SL values set, are they a percentage of the 16%
@Robot Trader -- the TP/SL are a percentage of the ADR. What would 20% of 16%ADR mean?

Quote
you just have a drop down window and pick (example) H4, so now the EA is using the most recent H4 bars for its calculations
@Robot Trader -- and how do you suppose the EA performs calculations on H4 bars? Do you really think it just happens automagically? The code would have to change in order to accommodate different combinations of settings. And how would that work with the current %ADR setting? And what about the NumberOfDays setting? And what about settings for ATR -- what should we use for ATRMultiplier, HalfLength and Period? And what about SL/TP as you point out -- are they calculated from an ADR, ATR -- and if ATR, what settings do we use? Would they differ by time frame?

There is a big gap between saying -- "Couldn't we just use the best ATR settings" versus implementing the best ATR settings.

In fact, you already have such an indicator. @Georges TMA. His bands were configured using his "secret" ATRMultipliers, HalfLengths and Period settings. Don't you remember the profanity thrown at me by @moodybot when I shared the settings that one of the inner circle had shared with me?

Why not just use @George's TMA settings instead of the BD indicator?

Look it -- for people who are professional traders they live and breath this stuff. They don't want it to ever end. Even when they have something that works they'll continue to search for more because that's what they enjoy. I'm different -- I want it to end. I want to find something that works, automate it, and then move on. I don't want to be a professional trader who is always looking for the next edge.
  • #332
  • Jul 25, 2019 8:15pm Jul 25, 2019 8:15pm
Quoting robots4me
{quote} {quote} @Robot Trader -- the TP/SL are a percentage of the ADR. What would 20% of 16%ADR mean? {quote} @Robot Trader -- and how do you suppose the EA performs calculations on H4 bars? Do you really think it just happens automagically? The code would have to change in order to accommodate different combinations of settings. And how would that work with the current %ADR setting? And what about the NumberOfDays setting? And what about settings for ATR -- what should we use for ATRMultiplier, HalfLength and Period? And what about SL/TP as you...
Hi R4M,

I have already said that I understand you are happy with your D1 trading and wished you all the best with that.

When I say it is just a case of picking H4 from the drop down window I am talking from the uses point of view, obviously the code that makes that selection possible takes effort from you and not me. That's why I employ a coder, he is happy to workout the code to achieve the specification I provide him with and then if it does not work it is my money that is wasted.

I have EA's that I am happy with, but the reason I am here which I have already explained to you is because I do not have a successful reversal EA, I have 2 EA's that can trade reversals and make money for months at a time, but then they will lose 20% of the account (or more) and that is not what I am looking for from an EA.

I do have some ideas regarding one of my EA's where I will look to add further parameters, which might just give it a better reversal trading win rate and stop those 20% plus losses.

So I guess in some respects you are right, when trading with EA's you have spare time, because the effort you put into making a profitable EA gives you that time to look at other parts of trading that you have not yet been successful in and that for me is reversal trading with an EA.

Regards

RT
Some people say I'm lucky, but the more I practice the luckier I get
  • #333
  • Jul 25, 2019 8:25pm Jul 25, 2019 8:25pm
Quoting Robot Trader
{quote} Hi R4M, I have already said that I understand you are happy with your D1 trading and wished you all the best with that. When I say it is just a case of picking H4 from the drop down window I am talking from the uses point of view, obviously the code that makes that selection possible takes effort from you and not me. That's why I employ a coder, he is happy to workout the code to achieve the specification I provide him with and then if it does not work it is my money that is wasted. I have EA's that I am happy with, but the reason I am here...

@Robot Trader -- I have an idea. Pretend I'm your programmer. Can you write a specification for the indicator you have in mind and if it is not too time-consuming then I would consider implementing it.

Also, how does what you are suggesting differ from @George's TMA? George's methodology traded reversals. So far it's not clear to me how your use of ATR would differ from his -- other than his settings were top secret.
  • #334
  • Jul 25, 2019 9:02pm Jul 25, 2019 9:02pm
Quoting robots4me
{quote} @Robot Trader -- I have an idea. Pretend I'm your programmer. Can you write a specification for the indicator you have in mind and if it is not too time-consuming then I would consider implementing it. Also, how does what you are suggesting differ from @George's TMA?
Hi R4M,

Thank you for your offer, but I don't think we have that type of relationship, my coder asks the right questions and I do not have to keep explaining myself.

I have already uploaded a PDF specification that was given to my coder regarding money management and lot sizes for another EA of mine. These money management parameters are more important than ADR v ATR and could be applied to your existing EA, which from BD's point of view was to be the next stage once the best possible Trigger had been achieved (including sorting out any bugs), so I believe you have stated this is now the case and the EA is finished from a Trigger prospective.

So from the PDF I have provided can you understand the specification and code the parameters, because this could be the big difference between my relationship with my coder that spans 10 years and yourself, my coder gets what I am wanting to achieve from the specification and my EA is coded and working. I have tried to explain the difference between ADR and ATR for the smaller TF's on many occasions, my coder would understand and code accordingly he would not need a specification because he would know the difference between the two types of indicators and how he would need to apply the logic to the EA and also give parameter options to allow the user to experiment with different setting/values, just based upon the correspondence alone.

Regards

RT
Some people say I'm lucky, but the more I practice the luckier I get
  • #335
  • Edited 11:01pm Jul 25, 2019 10:44pm | Edited 11:01pm
Quoting Robot Trader
I have EA's that I am happy with, but the reason I am here which I have already explained to you is because I do not have a successful reversal EA, I have 2 EA's that can trade reversals and make money for months at a time, but then they will lose 20% of the account (or more) and that is not what I am looking for from an EA....
Your best bet for a reliable reversal EA is described by R4M.
https://www.forexfactory.com/showthr...5#post12401925

If you implement this strategy on R4M-BD-ADR 100% D1 or W1 you get too few signals. To overcome that you implement this exact strategy on shorter cycles.

1. ADR for the outermost band and AH4R for the faster band, and
2. AH4R for the outermost band and AH1R for the faster band.

CC as the optional additional filter
  • #336
  • Jul 25, 2019 10:56pm Jul 25, 2019 10:56pm
Quoting robots4me
{quote} @Robot Trader -- I have an idea. Pretend I'm your programmer. Can you write a specification for the indicator you have in mind and if it is not too time-consuming then I would consider implementing it. Also, how does what you are suggesting differ from @George's TMA? George's methodology traded reversals. So far it's not clear to me how your use of ATR would differ from his -- other than his settings were top secret.
I know this offer is for Robot Trader.

Anyhow, this is my request. Thank you.
https://www.forexfactory.com/showthr...4#post12402404
  • #337
  • Jul 25, 2019 11:16pm Jul 25, 2019 11:16pm
Quoting skyway
{quote} I know this offer is for Robot Trader. Anyhow, this is my request. Thank you. https://www.forexfactory.com/showthr...4#post12402404
Hi Skyway,

You were the one that got R4M to unlock the EA to allow members to experiment with the lower TF's, I just said that I would help, which turned into me being offered the role of being the OP for the LTF's, which in turn never happened, so I guess your request is a valid one, but I am not sure the specification is comprehensible, maybe I am wrong and R4M will get what you want without any further questions

Regards

RT
Some people say I'm lucky, but the more I practice the luckier I get
  • #338
  • Jul 25, 2019 11:50pm Jul 25, 2019 11:50pm
Quoting Robot Trader
{quote} Hi R4M, Thank you for your offer, but I don't think we have that type of relationship, my coder asks the right questions and I do not have to keep explaining myself. I have already uploaded a PDF specification that was given to my coder regarding money management and lot sizes for another EA of mine. These money management parameters are more important than ADR v ATR and could be applied to your existing EA, which from BD's point of view was to be the next stage once the best possible Trigger had been achieved (including sorting out any...
@Robot Trader -- I understand specifications. I also understand the difference between ADR and ATR. ATR requires 3 parameters -- you would need to provide these to your programmer. What are the 3 ATR parameters you would provide to your programmer? Also, do the ATR parameters change with TF -- if so, what are their values. Do the ATR parameters change according to the symbol -- if so, what are their values.
  • #339
  • Jul 26, 2019 12:29am Jul 26, 2019 12:29am
Sorry for the interruption,.... Do you guys wait till adr high low locked in for the session? Myself only look for reversals from adr when the adr high low locked in/reached....
  • #340
  • Edited 1:54am Jul 26, 2019 12:32am | Edited 1:54am
Quoting robots4me
{quote} @Robot Trader -- I understand specifications. I also understand the difference between ADR and ATR. ATR requires 3 parameters -- you would need to provide these to your programmer. What are the 3 ATR parameters you would provide to your programmer? Also, do the ATR parameters change with TF -- if so, what are their values. Do the ATR parameters change according to the symbol -- if so, what are their values.
Hi R4M,

My coder uses the standard ATR indicator and I have the following parameter inputs in respect to setting TP/SL/TSL and I can tell you what they do from a user input point of view.

S1_TakeProfit = 0.8 (Take Profit is 80% of the average of S1_TakeProfitATR, now this is dynamic in two ways not only is the original TP dynamic based on the most recent price movement, but even after the trade is opened, because while ever the trade is open it still does its look back period and adjusts the TP based on the most recent calculation of closed Candles)

S1_TakeProfitATR = 5 (The EA is using the last 5 closed Candles to workout the ATR)

S1_StopLoss = 1.0 (The Stoploss is 100% of the average of S1_StoplossATR, now this is dynamic in two ways not only is the original SL dynamic based on the most recent price movement, but even after the trade is opened, because while ever the trade is open it still does its look back period and adjusts the SL based on the most recent calculation of closed Candles)

S1_StoplossATR = 3 (The EA is using the last 3 closed Candles to workout the ATR)

S1_TrailingStopAct = 0.10 (Based on the TP the EA must reach 10% of its value before the TSL is activated)

S1_TrailingStopDist = 2.0 (The Trailing Stoploss is 200% of the average of S1_TrailingStopATR, now this is dynamic in two ways not only is the original TSL dynamic based on the most recent price movement, but even after the trade is opened, because while ever the trade is open it still does its look back period and adjusts the TSL based on the most recent calculation of closed Candles) important note: Once the TSL is activated to takes over from the SL

S1_TrailingStopATR = 3 (The EA is using the last 3 closed Candles to workout the ATR)

Regarding the TMA Bands % of the ADR, all I am saying is that this % should be replaced with the ATR, for a user defined TF (a drop down window with a selection of TF's) and we have an additional parameter that allows the user to select the look back period for the ATR calculations. If you are asking how the calculations for the ATR should computed then just allow manual input of all the possible parameters that make up the standard ATR indicator.

Regards

RT

EDIT: The ATR does not need to know the Currency Pair that it is trading, because its calculations are always dependent on the price movement of whatever Currency Pair it is trading.
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