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Consecutive Candles Williams %R and Volume with 55EMA Baseline

  • #641
  • Aug 6, 2019 6:46pm Aug 6, 2019 6:46pm
Quoting aaven
{quote} Chris, I observed the scenario: Using the latest version of EA- Sell EURUSD Trades-Opened on wrong side of Kijun Line- They kept going against us- A touch of Kijun Line didn't come into picture- It looks like such trades that actually become runners that contribute to the Drawdown{the trades we are actually trying to avoid using the Kijun Line} {image} What is your take on this-Do you think it is worthwhile to tweak the Kijun Exit-Something like using a standard deviation to create Upper Boundary for Sell Trades that open on the wrong side...
My suggestion would be to set a SL if you think it has gone too far.
  • #642
  • Aug 7, 2019 7:40pm Aug 7, 2019 7:40pm
I just ran the tester on multiple pairs (exotics too) and indicies and commodities. All were 5 min chart (1min would not load) with every tic
It worked flawlessly.
I do not know where to go now until another trade shows up.
The coder says he is confident he has put failsafes in place to stop the previous bugs.

aaven I have to think that the EURCHF trades were server anomalies or something other than the EA??????
  • #643
  • Edited 3:17am Aug 8, 2019 3:07am | Edited 3:17am
Quoting cfudge
I just ran the tester on multiple pairs (exotics too) and indicies and commodities. All were 5 min chart (1min would not load) with every tic It worked flawlessly. I do not know where to go now until another trade shows up. The coder says he is confident he has put failsafes in place to stop the previous bugs. aaven I have to think that the EURCHF trades were server anomalies or something other than the EA??????
Chris,

The behavior happened on couple of trades and i picked EUCHF as only an example- When the EA originally started trades- the Kijun Exit was working as per logic-After couple of trades- the behavior started showing up. Let's say there is a Server Anomalies- in terms of incoming data feed- it becomes all the more important for us to get to the bottom of this.

There is one more bug that i held up from saying- Trade Reconciliation- What did was let the EA open some trades [1 Minute Trades] and just closed the MT4 terminal- After couple of hours-i reopened the MT4- In the hours i shutdown the MT4 there were exit criteria for the opened trades- Of course While the MT4 is closed obviously the EA cannot function/close the trades- . Now after reopening the MT4 the EA is waiting for the exit criteria to happen again to close the trade instead of reconciling and immediately closing the previous trades. Basically i am trying to replicate the EA behavior when disconnection happens- though one could be using VPS- crashes- connectivity lost will be more profound as the account size grows bigger. This testing was done on a separate MT4.

I feel both the issues could be connected- What i request you is- Open a MT4 demo account- load the EA on couple of symbols on 1 minute charts-let the EA take the trades[not necessary tobe in front of the system] and after couple of trades are triggered- you could go back at your own convenience to see if the anomaly happened.

Thanks
  • #644
  • Aug 9, 2019 4:09pm Aug 9, 2019 4:09pm
My Test Results-Continued-Demo-Open Positions

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  • #645
  • Aug 9, 2019 4:54pm Aug 9, 2019 4:54pm
Here are the updated results from June 5 to August 8 2019
Gold 15min to daily

Yes, I see the DD.

Chris

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  • #646
  • Aug 16, 2019 8:49pm Aug 16, 2019 8:49pm
June 5 to Aug 16 2019

Still going strong, no change in DD though.

Chris
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  • #647
  • Aug 17, 2019 1:03am Aug 17, 2019 1:03am
Thank you for the results.

From one point, in 2.5 month 20% profit is massive.
On the other hand DD is the half of closed profit. That is worrysome. Close them above 1500.
  • #648
  • Aug 17, 2019 10:58am Aug 17, 2019 10:58am
results continued- demo-no s/l-open positions

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Thanks
  • #649
  • Aug 17, 2019 1:34pm Aug 17, 2019 1:34pm
Is it only Gold 16 mins? Did you close negative positions, you have a big decrease range, before rising again.

Anyway excellent results.
  • #650
  • Aug 17, 2019 2:44pm Aug 17, 2019 2:44pm
Quoting foff00
Is it only Gold 16 mins? Did you close negative positions, you have a big decrease range, before rising again. Anyway excellent results.
Thank you foff00

It's on all time frames- except weekly and monthly- yes the equity dipped previous week- recovered this week. No manual intervention from my end to close any positions.

Basically Chris has been transparent from the get go that no S/L is the way to go- the EA is not for the faint of heart- not specifically pointing you out, but each one should evaluate how it aligns with their risk tolerance.
  • #651
  • Aug 17, 2019 6:01pm Aug 17, 2019 6:01pm
Quoting aaven
{quote} Thank you foff00 It's on all time frames- except weekly and monthly- yes the equity dipped previous week- recovered this week. No manual intervention from my end to close any positions. Basically Chris has been transparent from the get go that no S/L is the way to go- the EA is not for the faint of heart- not specifically pointing you out, but each one should evaluate how it aligns with their risk tolerance.
Nicely Put
  • #652
  • Aug 17, 2019 6:03pm Aug 17, 2019 6:03pm
Quoting foff00
Thank you for the results. From one point, in 2.5 month 20% profit is massive. On the other hand DD is the half of closed profit. That is worrysome. Close them above 1500.
Yes...that is now...last month it was 100% of profit, next month it will be 30% of profit then 20% then 10%...then ???

I think we can all agree that the EA/method has proven it can make consistent profits. Eventually the floating DD will be insignificant (IMHO).
  • #653
  • Aug 18, 2019 3:58am Aug 18, 2019 3:58am
Ok, imagine a fall of market, for example a Trump raises 25% tax against Chinese and trend change, leaving huge DDs with no stops...

Anyone tested in ranging market, that could do less harm. I think pairs like usdcad.

Anyway, Chris, aaven which version of EA you are running?1.02 or williamrea by Chris?
  • #654
  • Aug 18, 2019 6:01am Aug 18, 2019 6:01am
Quoting foff00
Ok, imagine a fall of market, for example a Trump raises 25% tax against Chinese and trend change, leaving huge DDs with no stops... Anyone tested in ranging market, that could do less harm. I think pairs like usdcad. Anyway, Chris, aaven which version of EA you are running?1.02 or williamrea by Chris?
foff00

Yes-a blown accounts is always a possibility. Chris generously gave a solution statement. So it's everyone responsibility to understand the system and test it thoroughly and use it only if it aligns with their risk profile. I am testing the later one.

Thanks
  • #655
  • Aug 18, 2019 6:39am Aug 18, 2019 6:39am
Quoting cfudge
{quote} Yes...that is now...last month it was 100% of profit, next month it will be 30% of profit then 20% then 10%...then ??? I think we can all agree that the EA/method has proven it can make consistent profits. Eventually the floating DD will be insignificant (IMHO).
Can you give me Your template or exact indicator setting ?
  • #656
  • Aug 18, 2019 10:39am Aug 18, 2019 10:39am
Quoting greenfxx
{quote} Can you give me Your template or exact indicator setting ?
Post 607 618
template post 1
Use indicators from top of post 1
  • #657
  • Aug 19, 2019 3:27am Aug 19, 2019 3:27am
Forward test started on eurusd and usdcad from 5 min to 4H, no sl.

Template did not add volume and volatility update so that I added manually. Hope will work.

Will post results from time to time.
  • #658
  • Aug 23, 2019 12:04pm Aug 23, 2019 12:04pm
3 days results from eurusd and usdcad. from 5 min to 4H chart, no stop loss.

It is interesting to see that only 5 and 15 min positions were activated. Probable there is no meaning to trade on other timeframes. Sometimes DD is worrysome but I could survive (DD was 125 EUR a day before. Those results were not included due to having other system running at that time too)
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  • #659
  • Aug 23, 2019 5:32pm Aug 23, 2019 5:32pm
Nice results foffOO keep em comin' You wouldn't have gotten any trades on the higher TFs if the williams stayed over bought/oversold...like gold this week.

Here is my results from June 5 to August 23 2019...as always only on Gold 15min to daily.

Bit of a jump today in DD...was sitting around 1200+/- all week.

Chris

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  • #660
  • Aug 23, 2019 11:16pm Aug 23, 2019 11:16pm
In my eyes the original strategy is good profitable...NO need to put sl into it...you have a "sl" with the dynamic tp which will be sooner or later reached!
From the construction of the strategy it is very stable against the problem with waterfalls..
It is NOT like channel strategies where you tp at the other side..my opionion...
What could maybe tweaked is the period of the ma and williams...
Vucking good EA coder... https://t.ly/AZjRM
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