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Consecutive Candles Williams %R and Volume with 55EMA Baseline

  • #581
  • Jul 25, 2019 1:13pm Jul 25, 2019 1:13pm
Hi Guys,

As I had promised, report the progress of manual trading of the system. I used 4H and 1H charts and open trades where there is something. I used closed valley/top as SL and same as for TP (rough 1:1 risk : reward).

Sometimes I put back to BE.

It seems 66% of trades closed in profit. With good money management it seems as an easy and reliable, profitable system.
Attached Image(s) (click to enlarge)
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  • #582
  • Jul 25, 2019 8:38pm Jul 25, 2019 8:38pm
Hey guys, just got done testing on 5 pairs VP recommends back testing to get a general idea of how it will perform on all pairs (eur/usd, aud/nzd, eur/gbp, aud/cad, chf/jpy) It performed profitably on 4 hour (approximately 60%) however I noticed when I added a volume indicator it performed much better. Is there a way to incorporate a volume indi such as "waddah attar explosion" (100,30,15,15) also Chris Im having trouble distinguishing which new post you were talking in the PM for download, will you post it again plz? thanks guys and will continue to report back, though Im noticing with volume it definitely makes a huge difference (closer to 70-75% accross the mentioned currency pairs) Thanks!
  • #583
  • Jul 25, 2019 8:42pm Jul 25, 2019 8:42pm
I meant to say a 2nd volume indicator in conjunction with the one we are using**
  • #584
  • Jul 25, 2019 8:44pm Jul 25, 2019 8:44pm
This is the one I used but there are several different versions so I hear..
Attached File(s)
File Type: mq4 MTF_Waddah_Attar_ExplosionSA.mq4   9 KB | 268 downloads
  • #585
  • Edited 10:24pm Jul 25, 2019 10:13pm | Edited 10:24pm
I updated the 1st post with the updated EA post # and the two indicators needed to make it work properly.
  • #586
  • Jul 26, 2019 3:20am Jul 26, 2019 3:20am
Quoting RexWoods05
Hey guys, just got done testing on 5 pairs VP recommends back testing to get a general idea of how it will perform on all pairs (eur/usd, aud/nzd, eur/gbp, aud/cad, chf/jpy) It performed profitably on 4 hour (approximately 60%) however I noticed when I added a volume indicator it performed much better. Is there a way to incorporate a volume indi such as "waddah attar explosion" (100,30,15,15) also Chris Im having trouble distinguishing which new post you were talking in the PM for download, will you post it again plz? thanks guys and will continue...
Rexwoods,

Just my 2 cents-

A couple of trades isn't an accurate representation of how a system performs. So before tweaking/adding new indicators, we should have proper documentation as to how the modifications improve over the existing logic. I feel it is best avoided going down that path and just take Chris lead and keep testing the system as it is.

Thanks
  • #587
  • Jul 26, 2019 3:21am Jul 26, 2019 3:21am
Quoting cfudge
I updated the 1st post with the updated EA post # and the two indicators needed to make it work properly.
Chris,

Just to be on the same page-the updated post#1 refers to the EA with the bug removed and the EA with the Kijun Slope is yet to come, right?

Thanks
  • #588
  • Jul 26, 2019 3:32am Jul 26, 2019 3:32am
Quoting aaven
{quote} Chris, Just to be on the same page-the updated post#1 refers to the EA with the bug removed and the EA with the Kijun Slope is yet to come, right? Thanks
Yes
  • #589
  • Jul 26, 2019 10:59am Jul 26, 2019 10:59am
Today just closed manually all open trades. (all manually opened, 1H and 4H)

Altogether in 6 trading days 220 EUR profit (5% in a 4000EUR account).

Still I do not know if they close on tp or sl but nice to see to open profitable position soooo easy and calm.
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  • #590
  • Jul 26, 2019 1:36pm Jul 26, 2019 1:36pm
Way to go foff00 keep it up...

Here is my progress report from June 5 to July 26 2019.

Happy weekend Y'all

Chris
Attached Image (click to enlarge)
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  • #591
  • Jul 27, 2019 2:13pm Jul 27, 2019 2:13pm
My Report: Original rules-No S/L-Demo Account-Few Open Positions


Attached Image (click to enlarge)
Click to Enlarge Name: report.PNG Size: 58 KB


Thanks
  • #592
  • Jul 27, 2019 4:22pm Jul 27, 2019 4:22pm
Nice aaven...no losses hey, super.
looks like we are all in the black this week.

Lets see what next week brings
  • #593
  • Jul 27, 2019 4:36pm Jul 27, 2019 4:36pm
great work and results cfudge
  • #594
  • Jul 28, 2019 4:37pm Jul 28, 2019 4:37pm
Here is the updated EA with the Kijun slope addition. Please include the Kijun slope indicator as posted below.
I am testing it on gold 15 min only this week. I prefer the williams close personally but would like others to test as well so we know if it is working properly.

If I get a chance I will put it into the tester.

Chris

Attached File(s)
File Type: ex4 WilliamRea_trial.ex4   40 KB | 311 downloads

Attached File(s)
File Type: ex4 Jurik_smoothed_Kijun_slope.ex4   34 KB | 401 downloads
  • #595
  • Jul 28, 2019 5:12pm Jul 28, 2019 5:12pm
Quoting cfudge
Here is the updated EA with the Kijun slope addition. Please include the Kijun slope indicator as posted below. I am testing it on gold 15 min only this week. I prefer the williams close personally but would like others to test as well so we know if it is working properly. If I get a chance I will put it into the tester. Chris {file} {file}
Thanks a lot Chris...

I am looking at the EA.

One doubt- "Close by Kijun" is independent/separate of "Close a single trade"?

Attached Image (click to enlarge)
Click to Enlarge Name: Kijun.PNG Size: 25 KB


I mean, if the settings are like this:

"SL TYPE": None
"Close a Single Trade": None
"Close by Kijun": True

Then EA will use Kijun as a stop loss?

Thanks
  • #596
  • Edited 7:26pm Jul 28, 2019 6:14pm | Edited 7:26pm
Quoting aaven
{quote} Thanks a lot Chris... I am looking at the EA. One doubt- "Close by Kijun" is independent/separate of "Close a single trade"? {image} I mean, if the settings are like this: "SL TYPE": None "Close a Single Trade": None "Close by Kijun": True Then EA will use Kijun as a stop loss? Thanks
aaven, the way I have set it up is we need a full candle to close above/below the Kijun line to close a trade.

So you can put SL in but the Kijun could initiates before the Sl

This was question and answer from coder.

Attached Image
  • #597
  • Jul 28, 2019 6:30pm Jul 28, 2019 6:30pm
Just ran a test from June 2 to today on gold 15 min...Kijun set to true 25 period / 5 smoothing.
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  • #598
  • Jul 28, 2019 11:08pm Jul 28, 2019 11:08pm
Post 1 updated
  • #599
  • Jul 29, 2019 9:09am Jul 29, 2019 9:09am
Quoting cfudge
Just ran a test from June 2 to today on gold 15 min...Kijun set to true 25 period / 5 smoothing. {image}
Are you running the EA during news events or do you turn it off and back on the avoid the news?
  • #600
  • Jul 29, 2019 9:56am Jul 29, 2019 9:56am
Quoting cfudge
{quote} aaven, the way I have set it up is we need a full candle to close above/below the Kijun line to close a trade. So you can put SL in but the Kijun could initiates before the Sl This was question and answer from coder. {image}
Thanks a lot Chris for getting the answer from the coder.
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