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Consecutive Candles Williams %R and Volume with 55EMA Baseline

  • #601
  • Jul 29, 2019 6:03pm Jul 29, 2019 6:03pm
Hi Guys,
Just realized that I didn't post results for last week. Here are results for Gold, Silver & Copper since 7-11-2019

tks,
cdk
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-07-29_1700_-_Gold_.png Size: 100 KB
  • #602
  • Jul 29, 2019 6:22pm Jul 29, 2019 6:22pm
I forgot to mention that the above demo account started at 50,000. So, the gain is 570.44 in 12 days.
I am testing on multiple different markets such as; Gold, oil, indexes & crypto.
For crypto currencies, I found 30 min works very well. But you need to be very careful with the lot size and only run it on the main currencies. So, gain is 809.63 since 7-16-19. Plus, not all brokers have the same spread or provide a market 7x24.
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-07-29_1716_Crypto_results.png Size: 107 KB
  • #603
  • Jul 29, 2019 6:40pm Jul 29, 2019 6:40pm
Hey cdk1212, way to go, looking positive.

Just to let you know I gave up on Silver and Copper 15 min due to bad results on backtest. Maybe if more TFs were used it would be better.

Chris
  • #604
  • Edited 7:57pm Jul 29, 2019 6:59pm | Edited 7:57pm
Here is the Kijun slope added EA.

Go to first post to download the three indicator updates needed to make it run.

Good luck to all.

Chris

Attached File(s)
File Type: ex4 WilliamRea Kijun.ex4   39 KB | 495 downloads
  • #605
  • Jul 29, 2019 11:49pm Jul 29, 2019 11:49pm
Quoting cdk1212
I forgot to mention that the above demo account started at 50,000. So, the gain is 570.44 in 12 days. I am testing on multiple different markets such as; Gold, oil, indexes & crypto. For crypto currencies, I found 30 min works very well. But you need to be very careful with the lot size and only run it on the main currencies. So, gain is 809.63 since 7-16-19. Plus, not all brokers have the same spread or provide a market 7x24. {image}
Hello, please which settings are you using? Thank you
  • #606
  • Jul 30, 2019 12:11am Jul 30, 2019 12:11am
Quoting cfudge
Here is the Kijun slope added EA. Go to first post to download the three indicator updates needed to make it run. Good luck to all. Chris {file}
Great Job Chris... Staying on top of things as usual...
  • #607
  • Jul 30, 2019 8:26am Jul 30, 2019 8:26am
Quoting sakultrader
{quote} Hello, please which settings are you using? Thank you
I have only changed the position sizes and everything else is off, except that I am forward testing the Kijun on gold 15min.
Attached Image (click to enlarge)
Click to Enlarge Name: setfile.jpg Size: 94 KB
  • #608
  • Jul 30, 2019 2:24pm Jul 30, 2019 2:24pm
Quoting cfudge
{quote} I have only changed the position sizes and everything else is off, except that I am forward testing the Kijun on gold 15min. {image}
Chris

To observe the behavior of Kijun Filter- I am looking at 1 Minute Charts with the EA. Might have found a bug- Want to run it by you-


Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.PNG Size: 75 KB


USDCAD-Buy Trade was executed by EA- when full candle closed below Kijun-EA did not close the trade.

Later after few candles-EA Close the trade. Below Snapshot-

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD-Later Exit.PNG Size: 42 KB


The broker i am using is FXPro- Below are the settings-

Attached Image (click to enlarge)
Click to Enlarge Name: Settings.PNG Size: 98 KB


Thanks
  • #609
  • Jul 30, 2019 6:04pm Jul 30, 2019 6:04pm
Hi aaven
I will send a screen shot to coder.

I ran the tester and it took and closed the trade as it should.

Chris

Attached Image (click to enlarge)
Click to Enlarge Name: possible bug tester.jpg Size: 130 KB
  • #610
  • Jul 31, 2019 2:42am Jul 31, 2019 2:42am
Quoting cfudge
Hi aaven I will send a screen shot to coder. I ran the tester and it took and closed the trade as it should. Chris {image}
Chris,

Kijun Slope is acting as an Exit. If the full candle closes beyond the Kijun slope the exit triggers.

There isn't further any other additional condition like: Body Close beyond the Slope+ Kijun Slope should also be golden color for closing sell trades.?

Thanks
  • #611
  • Jul 31, 2019 2:43am Jul 31, 2019 2:43am
Quoting cfudge
Hi aaven I will send a screen shot to coder. I ran the tester and it took and closed the trade as it should. Chris {image}
Appreciate it Chris...
  • #612
  • Jul 31, 2019 7:15am Jul 31, 2019 7:15am
Hi Chris,

Can you please tell me how the volume indicator works?
On the volume indicators available in MT 4(especially in mobile) which volume indicator can be useful? OBV?

Quoting cfudge
Hi aaven I will send a screen shot to coder. I ran the tester and it took and closed the trade as it should. Chris {image}
  • #613
  • Jul 31, 2019 8:13am Jul 31, 2019 8:13am
Quoting aaven
{quote} Chris, Kijun Slope is acting as an Exit. If the full candle closes beyond the Kijun slope the exit triggers. There isn't further any other additional condition like: Body Close beyond the Slope+ Kijun Slope should also be golden color for closing sell trades.? Thanks
No there is not any other condition.
  • #614
  • Jul 31, 2019 8:17am Jul 31, 2019 8:17am
Quoting foff00
Hi Chris, Can you please tell me how the volume indicator works? On the volume indicators available in MT 4(especially in mobile) which volume indicator can be useful? OBV? {quote}
As I understand it, the volume data you receive from your broker will be independent from other brokers. The idea is that each brokers client base are doing similar trades so it should be a fair representation of the actual volume, although a piece of a larger jigsaw.
  • #615
  • Edited 10:03am Jul 31, 2019 9:41am | Edited 10:03am
Quoting cfudge
{quote} No there is not any other condition.
Chris,

There is one trading scenario that might need addressing. We are implicitly assuming that Price will be below Kijun Slope when a Sell trade is triggered.

In cases where a Sell Trade is triggered and Price is already above Kijun Slope when this happens-Even if price keeps going up- the Kijun Slope exit might not trigger because the price is already up and the exit logic looks for the crossing of the slope and closing of the full candle.

I will look for trade examples where this could be a problem. Please do look out for this kind of scenario as well.

EDIT: Buy Trade on USDCAD, when Price is already below the Kijun Slope.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD.PNG Size: 56 KB



EDIT: The Buy Trade was closed even though price is going in our favor. I thought that the Kijun Slope exit would not trigger-but it looks like in scenarios where price is below the kijun slope when the buy is triggered-the EA seems to close the trade after few candles- I will keep looking for more examples.


Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD-Exit.PNG Size: 18 KB


Thanks
  • #616
  • Jul 31, 2019 12:00pm Jul 31, 2019 12:00pm
So this is a kind of moving average cross of actual broker volumes?

Quoting cfudge
{quote} As I understand it, the volume data you receive from your broker will be independent from other brokers. The idea is that each brokers client base are doing similar trades so it should be a fair representation of the actual volume, although a piece of a larger jigsaw.
  • #617
  • Jul 31, 2019 5:29pm Jul 31, 2019 5:29pm
Quoting aaven
{quote} Chris, There is one trading scenario that might need addressing. We are implicitly assuming that Price will be below Kijun Slope when a Sell trade is triggered. In cases where a Sell Trade is triggered and Price is already above Kijun Slope when this happens-Even if price keeps going up- the Kijun Slope exit might not trigger because the price is already up and the exit logic looks for the crossing of the slope and closing of the full candle. I will look for trade examples where this could be a problem. Please do look out for this kind of...
Already way ahead of you aaven

The logic coded for the Kijun is if a trade is opened but we are already on the wrong side of the Kijun line the EA will wait for, at least, a touch of the Kijun line before looking for a full candle close.
  • #618
  • Jul 31, 2019 8:25pm Jul 31, 2019 8:25pm
OK bug free

Attached File(s)
File Type: ex4 WilliamRea2_test (1).ex4   39 KB | 950 downloads
  • #619
  • Aug 1, 2019 4:32pm Aug 1, 2019 4:32pm
Here is updated results from June 5 to Aug. 1 2019

The open trades are from the 4 hr TF and were so close to closing today before the jump up...too bad.

Going camping/fishing till monday, have a great weekend everyone.

Chris
Attached Image (click to enlarge)
Click to Enlarge Name: June 5 to Aug 1 2019.jpg Size: 61 KB
  • #620
  • Aug 1, 2019 4:45pm Aug 1, 2019 4:45pm
Quoting cfudge
Here is updated results from June 5 to Aug. 1 2019 The open trades are from the 4 hr TF and were so close to closing today before the jump up...too bad. Going camping/fishing till monday, have a great weekend everyone. Chris {image}

Chris,

That's really impressive...

I am currently testing the new version of EA. Will keep you posted.

Have a well deserved fun break...

Thanks
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