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The Volume Detective 411 replies

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  • #6,581
  • Sep 5, 2019 9:09pm Sep 5, 2019 9:09pm
Quoting Vicente
I miss CC. Steve, I know you are trying your best but I think you should reconsider putting the CC option back as input. I know they are much less shops, but in the end we win. Personally I see it as an excellent option for H1 graphics. Here I upload an example. One entry vs. 7 entries. And the only entry is winning. Greetings from Ecuador {image}

I agree I think the previous incarnations were better for entries CC and the previous bands but the exits Steve now has on the BDX are excellent. I trade manually and use the BDX dashbord to trade the BD signals. Not perfect but allows me to take advantage of the auto exits.

But either way we got some great options with all the great software that has been produced.
EX BBMA trader focusing on REE code.
  • #6,582
  • Sep 5, 2019 9:13pm Sep 5, 2019 9:13pm
CC Vs HA
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IH - B221 Return Today: -0.2%
  • #6,583
  • Sep 5, 2019 9:18pm Sep 5, 2019 9:18pm
CC Vs HA
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IH - B221 Return Today: -0.2%
  • #6,584
  • Edited 11:33pm Sep 5, 2019 11:00pm | Edited 11:33pm
USDJPY:
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OPEN TRADES
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GBPJPY:
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closed trades
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I hope anyone using R4M-BDX-AllPairsEA V 2.00 19243 have these trade.
  • #6,585
  • Sep 5, 2019 11:34pm Sep 5, 2019 11:34pm
Quoting Vicente
I miss CC. Steve, I know you are trying your best but I think you should reconsider putting the CC option back as input. I know they are much less shops, but in the end we win. Personally I see it as an excellent option for H1 graphics. Here I upload an example. One entry vs. 7 entries. And the only entry is winning. Greetings from Ecuador (edited) Please do not rebuke me for the indicator I am using. While I was testing with RENKO I was able to follow the EA curve while drawing so I used an unpainted TMA to simulate your indicator. Approximately...
@Vicente -- I wouldn't rebuke you. I'll discuss it with @bishopdotun.

One thing to be aware of -- the BDX doesn't use color changes for HA transitions. Rather, the algorithm's algebra has 4 histogram arrays and I use those instead. The HA transitions in BDX often mirror color changes, but not necessarily.

I'll modify the the R4M-HeikenAshi indicator to include the HA transitions that are used by BDX so it becomes more clear.
  • #6,586
  • Sep 5, 2019 11:53pm Sep 5, 2019 11:53pm
[quote = robots4me; 12486605] {quote} @Vicente - No te reprendería. Lo discutiré con @bishopdotun. Una cosa a tener en cuenta: el BDX no utiliza cambios de color para las transiciones HA. Más bien, el álgebra del algoritmo tiene 4 matrices de histograma y las uso en su lugar. Las transiciones HA en BDX a menudo reflejan cambios de color, pero no necesariamente. Modificaré el indicador R4M-HeikenAshi para incluir las transiciones HA que utiliza BDX para que quede más claro. [/ Quote]
Thanks Steve. I just put HA to present my arguments. since I had no way of doing it any other way. Tomorrow I will upload new graphics to show my point. Thank you
IH - B221 Return Today: -0.2%
  • #6,587
  • Sep 5, 2019 11:53pm Sep 5, 2019 11:53pm
Quoting Vicente
... I think you should reconsider putting the CC option back as input. I know they are much less shops, but in the end we win. ....{image}
I agree, if it is not too much trouble to integrate into BDX. As I stated before, we need to increase the quality of signals. If CC would provide that, I don't mind if entries are a bit late compared to HA transitions. From what I experienced the last two weeks, HA transitions are too sensitive to small pullbacks which increase the chance of false signals. Just my two cents.

Regards,
Blackeagle
  • #6,588
  • Sep 6, 2019 1:27am Sep 6, 2019 1:27am
Quoting Vicente
CC Vs HA {image}
Hi Vicente. What ADR settings do you use on this 4h chart of cable?

Because on this time i dont see any setups with 100% ADR:


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Furthemore i would not use CC for entries on the original sauce. One leaves to much on the table for my taste. In my eyes the 100 ADR should be the trigger in combination with HA change or simple PA like taking out the high/low of the previous candle.


Greets,
Klausi
Stick to the plan!
  • #6,589
  • Sep 6, 2019 1:48am Sep 6, 2019 1:48am
I think it is well worth looking back a few weeks.

BD Strategy works really well in terms of safety and frequency of trades.

Yes there is repainting but personally I prefer the repainting on BD than the more gradual repainting on the BDX. Especially on the weekly it works well.

Daily on the BD is also quite safe with often wider bands and than the weekly even using 40&

I put this here not to disrupt BDX testing but just to help see what has been achieved previously and perhaps we can use this to address some of the things we have discovered through testing of BDX this week.

GJ H1 Weekly 100%ADR CC and Fractals
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GJ H1 Daily 40%ADR CC and Fractals
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EX BBMA trader focusing on REE code.
  • #6,590
  • Edited 3:00am Sep 6, 2019 2:12am | Edited 3:00am
Quoting Simontw
I think it is well worth looking back a few weeks. BD Strategy works really well in terms of safety and frequency of trades. Yes there is repainting but personally I prefer the repainting on BD than the more gradual repainting on the BDX. Especially on the weekly it works well. Daily on the BD is also quite safe with often wider bands and than the weekly even using 40& I put this here not to disrupt BDX testing but just to help see what has been achieved previously and perhaps we can use this to address some of the things we have discovered through...
Thanks Simontw for your info/comment....I do fully agree! It seems we were going backwards with BDX, IMHO we should reactivate the BD strategy and fix the small "bug" on opposite band closings. BTW...CC entries are working the best. As we can see on your images if we were able to close positions on opposite band as well (at least as an option) we would make much more profits by riding the small trends/swings too.
Even with ADR75% setting on H1 BDX did not work for me this week.
I never lose - either I win or I learn...
  • #6,591
  • Sep 6, 2019 2:18am Sep 6, 2019 2:18am
Quoting Blackeagle
{quote} I agree, if it is not too much trouble to integrate into BDX. As I stated before, we need to increase the quality of signals. If CC would provide that, I don't mind if entries are a bit late compared to HA transitions. From what I experienced the last two weeks, HA transitions are too sensitive to small pullbacks which increase the chance of false signals. Just my two cents. Regards, Blackeagle
Outside of this method (which is awesome in general), it is a well established fact that most serious traders know that you do not use HA for entries but for exits, as the exits can be used as points to add-in to your trade should it continue on in your direction. HA is great for giving a general directional bias or a clue as to a possible change in direction but are not to be trusted as a basis for entries.

Somewhere in my collection of FX bumff stored on various drives, I have a study article which goes into this in great detail but unfortunately I am not able to find it without some serious digging - and tbh I have better things to do - but as this has now become a talking point, I thought I would mention it. Not having it to hand is also why I have not chipped in about it before now. I never wanted to ever utter the dreaded phrase of ''trust me''

So, sorry, to R4M, I know this is not an evidence-based post and although it is a learned observation made over many, many years of trading please feel free to reduce it should you wish.

Oh and personally, I am also trading manually using the kind of set up mentioned above by the others and it's working just fine as a small part of my basket of trading methods. Thanks for that.
  • #6,592
  • Edited 3:17am Sep 6, 2019 3:00am | Edited 3:17am
Traders are always looking for holy grail. The hunt never stops.......

Now some people want BD instead of BDX. Why? 2 days of huge swings. & The EA almost always recover if you let it do the job.

The usual rhetoric has erupted again. Add this, add that, remove this, remove that. Too many sauce spoils the soup. You wont get it better than this. There is no evidence that any new adjustment will make a significant improvement on your results. At least test for 3-4 months of consistency. My judgement so far is that it works. Certain market conditions will wrong foot the strategy occasionally but market doesn't move in a straight line and there is sufficient evidence that BDX will cashout during the inevitable reversal.

However, there are great arguments Vicente, Blackeagle and Lemercenaire. The argument is between CC & HA. & the trade-off of much fewer signals. This will be evaluated again and we will find a simpler solution.

There is no going back on the band type we settled with. Evidence shows it supports the fundamentals for this strategy and it works really well. Compared to previous bands, we have something that's more stable and the shifts are subtle.

Do not lose focus of the fact that you will never get a perfect system that predicts price. If there ever was, then there is no market in the first place. There is only approximation based on historical price movement and what we have is close enough. Timing the reversal entries is the only challenge.

Edit: This system will not make you rich. It will just about help you not to lose your account with potentially a little on top if you are always patient enough for the EA to cash in on reversals.

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  • #6,593
  • Sep 6, 2019 3:36am Sep 6, 2019 3:36am
More evidence

Over and over again, BDX delivers reversals. There will always be bad entries and we have taken good feedbacks on how to deal with those. The best traders on FF also have losers. Are we going to discard what works well over a significant amount of trades because of a few trades that go wrong?

Most of the moaners here are using huge lots relative to their account balance. Sorry, you can't do that with this system. If you manage to return a weekly profit of 1%, you are a star. Shoot for more and you will be the first to complain about how terrible the system is.

Btw those who use ridiculous ADR% for the bands are not allowed to complain.

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  • #6,594
  • Sep 6, 2019 4:24am Sep 6, 2019 4:24am
@Vicenti,what are your ADR setting on your charts? they look a little low percentage too me...
  • #6,595
  • Edited 7:27am Sep 6, 2019 4:50am | Edited 7:27am
I agree completely with bishopdotun and the logic behind the strategy is simple but effective. But as we are all forward testing, we shouldn't refrain from offering minor changes as long as we support our opinions/arguments with statistical facts. That is how we can achieve better together.

Speaking of statistical facts, based on bd's settings this week I had 11 stoplosses and all of them was H1 entries. Based on 1.2:0.4 risk:reward ratio, we need 33 TP trades from the same currencies just to breakeven (excluding the cost of spreads). What do I mean by "same currencies"? ADR of GBP pairs and ADR of NZD pairs are different. If your stoplosses within your portfolio are mostly from GBP pairs, then you need TPs from same GBP pairs. Successive TPs of NZDUSD do not recover GBPJPY losses. As a result although win ratio of overall strategy is important, win ratio of individual pairs is more important. And so far my win ratio is not more than 60%. In any case, the success of this strategy is based on win ratio with current settings.

I am trading only 0.01 lot per currency and max open trades is 1. Currently I have 20 open trades and only 2 are in black. Of course there will be losers, of course there will be pain, but we shouldn't stop trying.

Don't think I am complaining. The money I put aside to test this strategy is negligible. What I am trying to say is that we have a really good strategy and with further tests and minor changes, we can make it much better. So far EA is working flawlessly, no bug whatsoever this week.

Regards,
Blackeagle
  • #6,596
  • Sep 6, 2019 5:53am Sep 6, 2019 5:53am
H4 with bishopdotun setting are looking promising,i found that H1 were hitting my big stoploss to much,a H4 on the GBP/JPY is currently forming up now :-]
  • #6,597
  • Edited 9:06am Sep 6, 2019 8:54am | Edited 9:06am
Quoting Klausi
{quote} Hi Vicente. What ADR settings do you use on this 4h chart of cable? Because on this time i dont see any setups with 100% ADR: {image} Furthemore i would not use CC for entries on the original sauce. One leaves to much on the table for my taste. In my eyes the 100 ADR should be the trigger in combination with HA change or simple PA like taking out the high/low of the previous candle. Greets, Klausi

The biggest mistake I was making is trying to evaluate the system visually, by running the graph back.

The system works in the present tense, not in the past. It is a statement that has been mentioned here repeatedly. However, when we use the robot in a single graph, it visually marks the path of the bands and you can clearly see the inputs and outputs. However, if we use the indicator visually it is not the same, Steve made that clear to me, and I understand that.

So to check the system in the past I am using an unpainted TMA and I have adjusted it to simulate 100% of the ADR. It is not perfect but it gives me a close view of what really happened in the past.

Again, I understand that the system works in the present, but that does not prevent me from looking back to see how the system worked.
regards.


(Edited)
If you want to check yourself, you can do the test by placing the robot on a 1m chart with 10% ADR for a REASONABLE TIME.
After this time place the BDX indicator on the same graph
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IH - B221 Return Today: -0.2%
  • #6,598
  • Sep 6, 2019 9:03am Sep 6, 2019 9:03am
Quoting nozzer
H4 with bishopdotun setting are looking promising,i found that H1 were hitting my big stoploss to much,a H4 on the GBP/JPY is currently forming up now :-]
I agree that the 1 hr @ 50% should not be left on auto trading. It should be closely monitored if you intend to use this setting. But it all comes back to the original rules. It isn't the original system anymore if you go less than 100%. I strictly use 100% settings on the BDX EA and have no issues.
However, from months of testing I find using less than 100% is safer on the older BD - ADR version compared to BDX.
  • #6,599
  • Sep 6, 2019 3:09pm Sep 6, 2019 3:09pm
past 3 weeks on/off result


all live trades done manually via MT5(broker)
referencing R4M-BDX H1 50% on MT4 per given entry
discretionary exits
functioning as intended
imho with experiences/MM its the closest thing to holy grail
enuf said much props to the creators

continuing live testing
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  • #6,600
  • Sep 6, 2019 4:14pm Sep 6, 2019 4:14pm
Quoting chinchin50
{quote} I agree that the 1 hr @ 50% should not be left on auto trading. It should be closely monitored if you intend to use this setting. But it all comes back to the original rules. It isn't the original system anymore if you go less than 100%. I strictly use 100% settings on the BDX EA and have no issues. However, from months of testing I find using less than 100% is safer on the older BD - ADR version compared to BDX.
Agree. I ran with 50% this week and was down quite a bit. Switched the H1 off but may try it again with 100%. If I may ask, what ADR% are you using for H4 and D1 if indeed you are trading those timeframes? I am at 100% for H4 and 150% for D1.

TF
Prices are never too high to begin buying or too low to begin selling.
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