SRDC Episode I

Quoting skyline

Disliked

Thanks Orange for this simple and effective trading method !
I'm trying to backtest latest SRDC EA but it does't open any trade :|
I'm also starting yesterday to forward test but no orders was opened even if I changed start time from 0 to 1.

Any suggest ?

Ignored

Quoting OrangeRoshan

Disliked

The Ea is still under dvevelopment by Iya and not done yet. Lets just say, its still under testing.

anyone wants to have a go and help Iya?

Ignored

   

// Collect highs and lows        
double high = 0,               
low  = 99999;          
for (int i = 0; i < PERIOD_D1/Period(); i++)        
{ if(high < High[i])              
     high = High[i];           
   if(low > Low[i])
     low = Low[i]; }

double high = iHigh(NULL,PERIOD_D1,1);       
double low  = iLow(NULL,PERIOD_D1,1);

Quoting skyline

Disliked

Hi Orange,
i was able finally to start backtest but it seems that high/low for yesterday candle are calcuated in wrong way, so i changed this code :

Inserted Code

   

// Collect highs and lows        
double high = 0,               
low  = 99999;          
for (int i = 0; i < PERIOD_D1/Period(); i++)        
{ if(high < High[i])              
     high = High[i];           
   if(low > Low[i])
     low = Low[i]; }

with this :

Inserted Code

double high = iHigh(NULL,PERIOD_D1,1);       
double low  = iLow(NULL,PERIOD_D1,1);

so checking manually it seems that now orders are opened correclty based on previous high/low.
Sadly when i try to perform backtest on EURUSD with MT4 on past six month with full alpari data , result are not good.
I used these settings to backtest :

BORDER=5;
START_TIME=0;
LOTS=0.1;
STOPLOSS=20;
TAKEPROFIT=60;
MOVE_SL_AT=35;
MOVE_SL_TO=5;
CLOSE_AFTER_N_CANDLES=1;
TRAILSTOP=0;
SLIPPAGE=0;

What the need to use border value ? It eats 5 pips before enter trade. Isn't supposed that SRDC have to enter trade when price > spread+1+high (if buy) without that border value?

Ignored

Quoting OrangeRoshan

Disliked

Fantastic!!

I will test it tonight after midnight. Change the border to 1.
Ok I will do the same because i'm not sure yet that it will work in forward test (i never tried it)
Can you disable/enable the SL and will it run on Daily candle?
I guess that with S/L set to 0 it should works fine
I would prefer to trade daily, that way, no matter what platform you put, the EA will start calculating when a new daily candle emerges.
I only changed how EA calculates high/low from previous candle but i'm not sure that it will open orders at when a new candle is opened for all brokers. Anyway looking at my backtest on alpari data it seems to work in this way

Thanks for the participation. Pipholic!

Ignored

Quoting skyline

Disliked

Here you will find fixed version

Thx to you Orange

Ignored

Quoting OrangeRoshan

Disliked

My settings on IBFX are:

Border 1
StartTime 4
Lots 50
SL 0
TP 300
Move Sl at 45
Move SL to 5
Close candle 24
Trail 0
Slippage 3

But, I have a feeling, the trades are not exactly as intended. Rightly pointed out by Iya. But, who cares! Now More modification and this version will go forwardtesting starting NOW!

Ignored

Quoting skyline

Disliked

Hi Orange,
i was able finally to start backtest but it seems that high/low for yesterday candle are calcuated in wrong way, so i changed this code :

Inserted Code

   
 
 // Collect highs and lows        
 double high = 0,               
 low  = 99999;          
 for (int i = 0; i < PERIOD_D1/Period(); i++)        
 { if(high < High[i])              
      high = High[i];           
    if(low > Low[i])
      low = Low[i]; }

with this :

Inserted Code

 
 double high = iHigh(NULL,PERIOD_D1,1);       
 double low  = iLow(NULL,PERIOD_D1,1);

so checking manually it seems that now orders are opened correclty based on previous high/low.
Sadly when i try to perform backtest on EURUSD with MT4 on past six month with full alpari data , result are not good.
I used these settings to backtest :

BORDER=5;
START_TIME=0;
LOTS=0.1;
STOPLOSS=20;
TAKEPROFIT=60;
MOVE_SL_AT=35;
MOVE_SL_TO=5;
CLOSE_AFTER_N_CANDLES=1;
TRAILSTOP=0;
SLIPPAGE=0;

What the need to use border value ? It eats 5 pips before enter trade. Isn't supposed that SRDC have to enter trade when price > spread+1+high (if buy) without that border value?

Ignored

Quoting OrangeRoshan

Disliked

When anyone straddle the small weekend daily candle, definitelly all 3 pair gives more than 5 pips each.

AUDUSD both S&R gives 5 each = 10pips
EURUSD both S&R gives 5 each = 10pips
GBPUSD Resistance only gives 5pips = 5pips

Total 25 QUALITY pips!!

Fantastic isnt it!! Simple, of course!!

Ignored

Quoting jest1081

Disliked

A'kum

Just ggiving my 2pips, it might not be relevant after all but i believe you already have a good system in srdc...but there is one small nagging issue. The problem will arise when there is a little too much ecstasy, in making an ea, although noble i might suggest against it as it makes ur complacent and become too trusting...

Many traders face this issue, they found a good system and they spoil it by trying to perfect it. I like your system the way it is High Low, Support and Resistance...simple and effective no sugar added.

Ignored

Quoting skyline

Disliked

Why do you set Close candle to 24 ? In this way EA will close pending orders after 24 days, instead to be closed on next candle. Am I wrong?

Ignored

Quoting skyline

Disliked

Ok I'm still not able to open pending orders with SRDC EA so i moved on another famous breakout EA and changed it to fit Orange's original S&R Daily rules (i hope ).
I called it SRDCv2 , settings are almost the same as SRDC , there is only EOD (end of day) that is time for closing orders/pending orders at end of day and should be set at 23 just 1 hour before new daily candle will be opened.
I'm starting forward test with these settings :

StartTime = 2; // begin of the first session; time adjust by your broker time
BORDER = 1; // pips we add to the high and low to get entry price
EOD = 23; // time for closing orders at end of day
StopLoss = 20;
MOVE_SL_AT = 35; // if an order reaches this profit level...
MOVE_SL_TO = 5; // ...adjust SL to this profit level
TrailingStop = 50;
TakeProfit = 100;
Lots = 0.5;
Slippage = 0;

I checked and pending orders now are correctly opened ...well let's see if it will be Pipastic eheheh !

Ignored