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RBA System

  • #741
  • Sep 12, 2019 7:58am Sep 12, 2019 7:58am
Quoting robots4me
{quote} ... by setting MaxSpreadPoints to '0'.
R4M, clever solution. I love creative ways.

99.9% effective, even if it does not solve the problem of the whole circle (opening more positions to mediate a losing trade - Am I right? Sorry if I'm wrong about the exit strategy...).

Just another little problem, I'll show you in a picture...

Attached Image


(I pay some commissions for this spread... Always for EURUSD, some days it happens even for GBPUSD and USDJPY)

PS: I'm now up 880+ pips since 09/09 (+8% in my account), whit just a couple of loss. I'm still waiting for some bigger loss before adding my trade report, I know perfection does not exist, even if I hope to be wrong... In the meantime, I just thank you, guys. Great work.
  • #742
  • Sep 12, 2019 8:12am Sep 12, 2019 8:12am
Quoting Arrr
{quote} You asked me how long if i don't se the code - so i can't answer. If built - in function are implemented - that should be not problem. The problem is - if You spend a weeks or months to code it - it looks like the same that You cannot be sure about the future results. So if You can base on the results in the past - how can You base on the results in the future?. Just based on logic? Market condition is changing every year. This year We have nice volatility because of FED, Brexit, economic war US-China etc. If You don't know the structure...
Quote
And please don't try to attack me (cause i feel it looks like that)
@Arrr -- my intent is not to attack you. But you are spreading misinformation -- and that bothers me.

Quote
all brokers are reading all of our "genius" strategies so they can always be prepared for "client profits"
Really? With our minuscule accounts in a 5 trillion dollar / day forex market the brokers have nothing better to do than monitor the profits from a handful of FF traders?

Quote
Predicting is nothing more to realise in which phase we are currently.
False -- you DO know which phase you are CURRENTLY in. The HG is predicting which phase you will be in when the next bar arrives.

@Arrr -- I appreciate your intent to help, but all the misinformation continues to harm people and you are perpetuating it. Stop reading Internet posts about conspiracies. Just focus on the data and don't worry about the MM's psychology. You make statements but have zero evidence to support them -- they are just beliefs that someone else posted on the Internet.

Advising me that I should JUST port MQL software to FT in order to perform more back tests is like advising a starving child to JUST eat more food. It means you really don't have a clue what the problem is or what is really required to solve it -- but that doesn't stop you from giving advice. And there is already too many people like that giving bad advice.
  • #743
  • Sep 12, 2019 8:38am Sep 12, 2019 8:38am
Quoting robots4me
{quote} {quote} @Arrr -- my intent is not to attack you. But you are spreading misinformation -- and that bothers me. {quote} Really? With our minuscule accounts in a 5 trillion dollar / day forex market the brokers have nothing better to do than monitor the profits from a handful of FF traders? {quote} False -- you DO know which phase you are CURRENTLY in. The HG is predicting which phase you will be in when the next bar arrives. @Arrr -- I appreciate your intent to help, but all the misinformation continues to harm people and you are perpetuating...

Ok so as You see almost everyone in this thread are losing in their money in mid term - settings are doesn't matter. So finnally everyone of us can spend a lot of time for forward testing only wiht hope that it can work. Don't get me wrong - backtesing of strategy is not spreading miisinformation. Its only the one of ways to avoid potiential threats from the past and avoid it in the future.
  • #744
  • Sep 12, 2019 9:00am Sep 12, 2019 9:00am
Quoting Arrr
{quote} Ok so as You see almost everyone in this thread are losing in their money in mid term - settings are doesn't matter. So finnally everyone of us can spend a lot of time for forward testing only wiht hope that it can work. Don't get me wrong - backtesing of strategy is not spreading miisinformation. Its only the one of ways to avoid potiential threats from the past and avoid it in the future.
You're putting words in my mouth, but that's okay.

If you've read the thread you will know that there has been a lot of back testing and fiddling with settings. There has also been a lot of forward testing. But most importantly, we've provided indicators and total transparency so you can see with your own eyes what the logic is. This strategy has very simple logic that you can see and touch. If the logic doesn't make sense to you then why bother back testing or forward testing? The most important thing is to understand the simple logic and use your eyes and brain to see how it reacts to the data. We've reached the point where the only purpose of back testing is to check for bugs and to ensure the code faithfully executes the intent of the logic.
  • #745
  • Sep 12, 2019 9:09am Sep 12, 2019 9:09am
Quoting robots4me
{quote} You're putting words in my mouth, but that's okay. If you've read the thread you will know that there has been a lot of back testing and fiddling with settings. There has also been a lot of forward testing. But most importantly, we've provided indicators and total transparency so you can see with your own eyes what the logic is. This strategy has very simple logic that you can see and touch. If the logic doesn't make sense to you then why bother back testing or forward testing? The most important thing is to understand the simple logic and...

Exactly! but it's hard to do many forward tests with different settings and timeframes. But by having a week of backtesting many settings and timframes You could be closer to good results then doing forward testing and change setting every week if results are bad. It may take more time to forward test then coding it.

I understand idea and i totally agree with that.

Maybe for You it's stupid discussion with me about that and You don't agree my point of view to save a lot of time for forward testing - so i will try to code that TMA for multipair and do some backtest. Then i will back with that to You.
  • #746
  • Sep 12, 2019 9:51am Sep 12, 2019 9:51am
Quoting R3d
{quote} ... PS: I'm now up 880+ pips since 09/09 (+8% in my account), whit just a couple of loss. I'm still waiting for some bigger loss before adding my trade report,....
Based on your previous post, I believe this is result is from H1 trading only. Would you please share you trade report (open and closed trade reports separately), H1 ADR % and your entry method at weekend as we are all forward testing and it will be good to now?

Regards,
Blackeagle
  • #747
  • Sep 12, 2019 1:08pm Sep 12, 2019 1:08pm
Hi Blackeagle.

Sure. The account is not so big, thats why I'm up 10% with 0.01 lots per trade. (I can deal with a 10% DD, stable around 50/70 euros since yesterday. Before H4 activation, DD was around 15/20 euros... I use a large leverage. Wisely. That give me more margin. )

H1: ADR%= 50 (20,10) entry method=HA transitions
H4: ADR%=100 (20,10) entry method=HA transitions

I've used set files provided by Toastmaster (post 718 https://www.forexfactory.com/showthr...7#post12489567)

Attached Image (click to enlarge)
Click to Enlarge Name: closed trades.JPG Size: 77 KB


Attached Image (click to enlarge)
Click to Enlarge Name: opened trades.JPG Size: 62 KB


Looking to magic, it seems to be the H4 system the most used (Magic=6666. H1 magic=5555).

Attached Image
  • #748
  • Sep 12, 2019 1:37pm Sep 12, 2019 1:37pm
By far i am having normal numbers.positive at least.Forward testing h1 and m5.Core of system as always a good money management, and low leverage,..and of course and emergency stop loss due to the inevitable black swan days...But i like the logic behind, because its the reality,..in some point everything try to come back to the mean.
  • #749
  • Sep 12, 2019 7:32pm Sep 12, 2019 7:32pm
D1 timeframe trades are not happening on their own, they seem to be getting filtered out by the spread filter when the market rolls over each day and I only seem to get D1 trades when i restart mt4. Perhaps offsetting the check for buy/sells by 2 hours or so to avoid the high spreads would fix this?
  • #750
  • Edited 9:02am Sep 13, 2019 4:56am | Edited 9:02am
I often like to observe% ADR at the same time in 3 states: - 100/10080 (W1) - 64/1440 (D1) - 32/240 (H4) can be BD or BDX index. However, I like the BD more because it reflects the trend when it ends H4, D1, W1. BDX can be monitored, but now when I put BDX on my computer, it seems to be slow, it seems to take up a lot of resources for running CPU. I suggest, if given R4M create 1 index as above, configured by color according to H4, D1, W4. So that we can observe the overall market. Currently BDX (latest version 52) manual tracking is failing, not running in MT4. Thanks again for the generous sharing of R4m and BD for this topic

I often like to observe% ADR at the same time in 3 states: - 100/10080 (W1) - 64/1440 (D1) - 32/240 (H4) can be BD or BDX index. However, I like the BD more because it reflects the trend when it ends H4, D1, W1. BDX can be monitored, but now when I put BDX on my computer, it seems to be slow, it seems to take up a lot of resources for running CPU. I suggest, if given R4M create 1 index as above, configured by color according to H4, D1, W4. So that we can observe the overall market. Currently BDX (latest version 52) manual tracking is failing, not running in MT4. Thanks again for the generous sharing of R4m and BD for this topic
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 43.png Size: 118 KB
Click to Enlarge Name: 44.png Size: 79 KB
  • #751
  • Sep 13, 2019 10:55am Sep 13, 2019 10:55am
H1: ADR%= 50 (20,10) entry method=HA transitions
H4: ADR%=100 (20,10) entry method=HA transitions

I've used set files provided by Toastmaster (post 718 https://www.forexfactory.com/showthr...7#post12489567)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 65 KB
Click to Enlarge Name: EURUSDH2.png Size: 66 KB
  • #752
  • Sep 16, 2019 3:05am Sep 16, 2019 3:05am
@R4M @BD
After a week of test on a live account, just my two cents about DD and risk management.
The DD have reached 20%, using a 0.01 lots on a live account (700 eur).
Today, monday, most of the trades have been closed positively, the actual DD is 2%. Maybe luck, maybe strategy. The account is now up 15% (in a week. Great result! Thank again guys).
I've decided to exclude pairs with larger ADR:

GBPAUD (ADR 20= 175)
GBPNZD (ADR 20= 201)
EURNZD (ADR 20= 128)
EURAUD (ADR 20= 112)
GBPCAD (ADR 20= 158)
GBPCHF (ADR 20= 114)
GBPJPY (ADR 20= 143)

The system uses ADR for SL/TP, excluding pairs with large ADR I expect a lower DD (for a small account is essential).
I'll let you know...

This could be coded as filter, of course (extern int MaxADR20=xx).

Regards.
  • #753
  • Sep 16, 2019 4:22am Sep 16, 2019 4:22am
Quoting R3d
@R4M @BD After a week of test on a live account, just my two cents about DD and risk management. The DD have reached 20%, using a 0.01 lots on a live account (700 eur). Today, monday, most of the trades have been closed positively, the actual DD is 2%. Maybe luck, maybe strategy. The account is now up 15% (in a week. Great result! Thank again guys). I've decided to exclude pairs with larger ADR: GBPAUD (ADR 20= 175) GBPNZD (ADR 20= 201) EURNZD (ADR 20= 128) EURAUD (ADR 20= 112) GBPCAD (ADR 20= 158) GBPCHF (ADR 20= 114) GBPJPY (ADR 20= 143) The system...
You don't need that. Just check the volatility calculator and apply it yourself.
  • #754
  • Sep 16, 2019 4:37am Sep 16, 2019 4:37am
Hi dethkult.

Not sure about what you are talking about... Could you explain?

(I'm reading a lot of threads, maybe I'm missing something here...)
  • #755
  • Sep 16, 2019 6:51am Sep 16, 2019 6:51am
Quoting R3d
@R4M @BD After a week of test on a live account, just my two cents about DD and risk management. The DD have reached 20%, using a 0.01 lots on a live account (700 eur). Today, monday, most of the trades have been closed positively, the actual DD is 2%. Maybe luck, maybe strategy. The account is now up 15% (in a week. Great result! Thank again guys). I've decided to exclude pairs with larger ADR: GBPAUD (ADR 20= 175) GBPNZD (ADR 20= 201) EURNZD (ADR 20= 128) EURAUD (ADR 20= 112) GBPCAD (ADR 20= 158) GBPCHF (ADR 20= 114) GBPJPY (ADR 20= 143) The system...

  1. You are trading this strategy with €700 and 0.01? Are you kidding? You will lose your money. This is the reason why I shout that this strategy is not for newbies.
  2. Pairs with large ADR are the most profitable. Removing them will totally screw your results

Goodluck.

  • #756
  • Sep 16, 2019 7:29am Sep 16, 2019 7:29am
Correct, these pairs makes most of profit.

Here's attached my results from 6.09.19

So far so good. Only H1. 50% - 1,2-0,4 R/R
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h1-bds-swiss-markets.png Size: 47 KB
  • #757
  • Sep 16, 2019 9:02am Sep 16, 2019 9:02am
Quoting bishopdotun
{quote} ... You will lose your money. This ... strategy is not for newbies. Pairs with large ADR are the most profitable. ... Goodluck.
Thank you bishopdotun for your advise. I'm aware, and I do that because I can do that...
I'm not a newbie, my friend... I'm here since 2010, I've coded a lot of EA and Indies (not on FF, of course), and tested a lot of strategies, so I know what it means create something really profitable: it's very difficult, 'cause market change every year, month, week. Brexit? Yeah. But what if Russia stop using USD and start using EUR in international exchange? How will change the strenght of USD and EUR in forex? A lot of things are happening, out there...

First: if this EA, that I check and correct manually, closing wrong positions when I think it's time (very rarely, btw), can blow away a small account because of DD and margin call, better know, right? Or be aware about that. Thank you, I know you are worried people will lose money, and I agree with you. But I know the risk.

Second: because of the small account, I've suspended pairs with large ADR, and I'm using just 10 - 12 pairs. Pairs with larger ADR are the most profitable, but the most risky too. Yes, my results will be not excellent, but my account will probably survive, maybe will grow a little, and I will collect information to give you to improve the EA, risking my money, not yours. I don't expect to become rich with this account or this strategy. I will not become poorer, if this account disappear... I find it interesting, so I'm here. That's all.

IMHO, I'm not sure using pairs with lower ADR, fractionating the risk, reducing possible DD, is a stupid idea. This is not a trend following strategy, it's a (very good) reversal strategy, with some risk. Everything have to be proportional to the risk a trader can afford: high risk, high reward, low risk, low reward. Friday, GBPNZD have had a 368 pips rally. Up. The system was searching for sell positions. Very hard to manage, I think. If I'm wrong about low ADR, you will be the first to know. If I'm right, you will be the first to know. Next saturday.

Attached Image (click to enlarge)
Click to Enlarge Name: adr.JPG Size: 19 KB


Your thread is the first I'm posting in since my subscription to FF, long time ago. I hope you understand how I judge your work. If you like, I can do as everybody else, be silent, downloading the EA, using it with success, or not, and never share my results, my opinions, my toughts. Who cares? But maybe my toughts can be usefull (or useless, why not?) to improve the strategy, or just the EA, reducing loss and DD. I think a forum is the perfect place to share experience, and I thank you for this thread.


But this is your space? What do you prefer? Silent people or shared experience? I will respect your decision.
  • #759
  • Sep 16, 2019 9:46am Sep 16, 2019 9:46am
Quoting usmangomez
Any idea? {image}
I think that symbols are not allowed. Delete any of them from the EA...

(EA properties -> PairsToTrade=[...]
  • #760
  • Sep 19, 2019 8:31am Sep 19, 2019 8:31am
@robots4me

I noticed someting wrong in the EA...

PairsToTrade:

Attached Image


Last trade:

Attached Image (click to enlarge)
Click to Enlarge Name: euraud.JPG Size: 22 KB


The code is bypassing my will...
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