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Follow the Candles

  • #561
  • Jan 19, 2020 8:44am Jan 19, 2020 8:44am
Quoting mrdfx
{quote} Adding to this post just to be clear on the tests that I'm currently running, this is what I'm testing. Weekly baskets (H4, D1, W1, MN1) opening at 23:00, 03:00, 04:00, 05:00. Daily baskets ( M30, H1, H4, D1, W1) opening at 07:00, 08:00, 09:00, 10:00, 11:00. These are the configurations I'm currently testing on the TE account you see attached so you can imagine with so many different tests that the TE will be all over the place, but as I remove the poor performing sets and start to fine tune the winning sets it should start to look a lot...
Can you share the results of the Daily baskets so far? Thanks!
  • #562
  • Jan 20, 2020 5:29am Jan 20, 2020 5:29am
Hmm I think I need to reevaluate and change the daily settings as they are not working out.
Truth is like poetry. And most people f*cking hate poetry.
  • #563
  • Jan 20, 2020 5:42am Jan 20, 2020 5:42am
Quoting mrdfx
Hmm I think I need to reevaluate and change the daily settings as they are not working out.
In half day you had around 20% of all trades opened since you started. Really is crazy
Try don't lose pants never...
  • #564
  • Jan 20, 2020 6:03am Jan 20, 2020 6:03am
Quoting braintheboss
{quote} In half day you had around 20% of all trades opened since you started. Really is crazy
I had to close many orders manually as I put the wrong open day by mistake last night and some sets should not have opened.
Truth is like poetry. And most people f*cking hate poetry.
  • #565
  • Jan 20, 2020 6:04am Jan 20, 2020 6:04am
Quoting alboptimus
{quote} First of all Thanks mrdfx and others who have been contributing and testing. I understand that the original weekly basket opens at 3:00 Tuesday broker time, in which Monday Daily D1 Candle has closed and it is then 3 hours into the first Tuesday H4 Candle. My question is for the weekly basket opening at 23:00; Is his Monday 23:00 or Tuesday 23:00? as Monday 23:00 D1 candle will not have closed but maybe you are looking at Friday D1 and the Last Monday H4?
The weekly basket that opens at 23:00 is on a Monday, well technically its still the Monday candle.
Truth is like poetry. And most people f*cking hate poetry.
  • #566
  • Jan 20, 2020 6:16am Jan 20, 2020 6:16am
Quoting mrdfx
{quote} I had to close many orders manually as I put the wrong open day by mistake last night and some sets should not have opened.
Unfortunately that dirty your statistics. I think you should reset TE date for have a real view about system performance. Anyway you are making good job. Every time you are closer to have an stable auto system

PS: Nobody said it will be easy but is not impossible as others think. It's just have a plan and a lot of patience ( aka persistence )
Try don't lose pants never...
  • #567
  • Jan 20, 2020 6:23am Jan 20, 2020 6:23am
Quoting braintheboss
{quote} Unfortunately that dirty your statistics. I think you should reset TE date for have a real view about system performance. Anyway you are making good job. Every time you are closer to have an stable auto system PS: Nobody said it will be easy but is not impossible as others think. It's just have a plan and a lot of patience ( aka persistence )
Thanks braintheboss, yes the TE is not a real true reflection of the system currently as there are many tests going on and I'm making changes to some here and there. Most likely I will start a new TE or just remove it until I have some tests completed and can show the final performance of the system.

For sure it is not easy and needs a lot of time and patience, but like they say if it was so easy everyone would be doing it.
Truth is like poetry. And most people f*cking hate poetry.
  • #568
  • Jan 20, 2020 6:39am Jan 20, 2020 6:39am
Quoting braintheboss
{quote} Unfortunately that dirty your statistics. I think you should reset TE date for have a real view about system performance. Anyway you are making good job. Every time you are closer to have an stable auto system PS: Nobody said it will be easy but is not impossible as others think. It's just have a plan and a lot of patience ( aka persistence )

I must be missing something.
I think it is a very promising project and I have great respect for the amount of work that goes into it but I can't see anything like a "stable auto system" that generates profits as yet.
  • #569
  • Jan 20, 2020 6:52am Jan 20, 2020 6:52am
Quoting josi
{quote} I must be missing something. I think it is a very promising project and I have great respect for the amount of work that goes into it but I can't see anything like a "stable auto system" that generates profits as yet.
I always follow how are working other systems for get a reference in my own tests. Evidently after some years I have a clear idea what things can make a system have success. And mrdfx have a long history of system evolution here. If you compare current test with his first you will see a clear improvement. Mainly about fix trading issues in previous tests.

Anyway in an auto system success is just turn system negative balance trend. As they are far of to be perfect, normally an auto system makes more mistakes and bigger that successful moments. Then question is just how digest losses without kill your profits. You have some ways as down trades number, close bad trades fast, etc. But as you know is difficult for a software understand every moment since logic is always so simple comparing with market complexity.

But I'm one believes you can make a reliable auto system. But it's a constant learning and you need answer the problems with a wider perspective. That means you have try don't apply manual trading "facts" and treat auto system like a kid. Kid needs simple explanation and very clear rules about you want he do

About OP I think is good he try find a way. It's better die trying it that to be all your life waiting luck call your door ( maybe wining lottery for example )
Try don't lose pants never...
  • #570
  • Jan 20, 2020 7:35am Jan 20, 2020 7:35am
Quoting braintheboss
{quote}And mrdfx have a long history of system evolution here. If you compare current test with his first you will see a clear improvement. Mainly about fix trading issues in previous tests. Anyway in an auto system success is just turn system negative balance trend. As they are far of to be perfect, normally an auto system makes more mistakes and bigger that successful moments. Then question is just how digest losses without kill your profits. You have some ways as down trades number, close bad trades fast, etc. But as you know is difficult for...
No offence but:
What strikes me: as long as you need similes and metaphors to describe your system's parameters ("like a child" etc) you're probably as far away from an "auto system" as you can be.
I'm all for simplicity - but trading rules based simplicity and not poetic or pedagogic imagery.
  • #571
  • Edited 12:08pm Jan 20, 2020 8:05am | Edited 12:08pm
Quoting josi
{quote} No offence but: What strikes me: as long as you need similes and metaphors to describe your system's parameters ("like a child" etc) you're probably as far away from an "auto system" as you can be. I'm all for simplicity - but trading rules based simplicity and not poetic or pedagogic imagery.
I'm not talking ambiguous. Normally people building auto systems try solve mistakes adding more tools. This makes more complex mixes and normally worst all. Precisely he always tried use minimum tools in their systems. My approach is similar. Try do things simplest possible because it will easier for auto system deal with less rules. If you see is same I told in last post

If I use a metaphors is because I try give a easy explanation about the needs. The technical part is outside scope. And really is boring and useless part if you are not coder making systems. From my point of view he have good theory base when make systems

About question everybody do about every EA in this forum is easy to answer. Holy grail is not "download this EA and enjoy the money". Because if somebody find one just will keep for himself. Nobody will share a printer money machine. Even nobody will sell it. It's stupid if you think about this honestly. Regards
Try don't lose pants never...
  • #572
  • Jan 20, 2020 8:24am Jan 20, 2020 8:24am
Quoting braintheboss
{quote} I'm not talking ambiguous. Normally people building auto systems try solve mistakes adding more tools. This makes more complex mixes and normally worst all. Precisely he always tried use minimum tools in their systems. My approach is similar. Try do things simplest possible because it will easier for auto system deal with less rules. If you see is same I told in last post If I use a metaphors is because I try give a easy explanation about the needs. The technical part is outside scope. And really is boring and useless part if you are not...
It seems we have to agree to disagree.
As to EAs - nobody on FF has one that works long time, otherwise she/he wouldn't be on FF.
Sharing never was and never will be stupid; it's what created all civilizations we know of.
Short-term-thinking, greed, egotism and free-riding: those are things that ruined and will ruin every community in existence.
Wish you all the best
  • #573
  • Edited 9:58am Jan 20, 2020 8:30am | Edited 9:58am
Quoting josi
{quote} It seems we have to agree to disagree. As to EAs - nobody on FF has one that works long time, otherwise she/he wouldn't be on FF. Sharing never was and never will be stupid; it's what created all civilizations we know of. Short-term-thinking, greed, egotism and free-riding: those are things that ruined and will ruin every community in existence. Wish you all the best
You are little time here. This community is slightly different comparing with dictionary meaning
Try don't lose pants never...
  • #574
  • Jan 20, 2020 8:46am Jan 20, 2020 8:46am
follow the trend, is that same as price action?
  • #575
  • Jan 20, 2020 11:34am Jan 20, 2020 11:34am
I have decided to remove the TE as it was not really truly reflective of the strategy or EA. As the account was running 9 separate tests which are evolving on a daily basis the results are not really accurate.

I will continue my testing and keep everyone updated as it goes and as time progresses and after I have more complete sample data of all the tests I'll be able to load a new TE that's more reflective of the strategy and EA with the successful sets.
Truth is like poetry. And most people f*cking hate poetry.
  • #576
  • Jan 21, 2020 1:31am Jan 21, 2020 1:31am
This night started the test for me
here my picture: still going in loss but we will see..
good luck to all.
Attached Image (click to enlarge)
Click to Enlarge Name: ftc.png Size: 72 KB
  • #577
  • Jan 21, 2020 5:34am Jan 21, 2020 5:34am
Hello guys forgot to post last night, but this week the 03:00 basket has 11 pairs and currently in DD of -6%.

Lets see if it can come back during the week.
Truth is like poetry. And most people f*cking hate poetry.
  • #578
  • Jan 21, 2020 9:49am Jan 21, 2020 9:49am
Thanks mrdfx for sharing you strategy i just discover it, will give it a try
  • #579
  • Jan 21, 2020 12:50pm Jan 21, 2020 12:50pm
Quoting mrdfx
Hello guys forgot to post last night, but this week the 03:00 basket has 11 pairs and currently in DD of -6%. Lets see if it can come back during the week.
Well unfortunately this week is a loss, the 03:00 basket hit SL of -10%.

On a good note the other 3 weekly tests are still going.
Truth is like poetry. And most people f*cking hate poetry.
  • #580
  • Jan 21, 2020 2:55pm Jan 21, 2020 2:55pm
i changed the takeprofit stoploss setting to the default.
my test is still active but in loss. we will see on friday the close of trades.
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