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  • #461
  • Nov 2, 2006 12:13pm Nov 2, 2006 12:13pm
Aha I can post the results no problem but I was actually hoping you guys could right some sort of code to backtest many years... is this possible?
  • #462
  • Nov 2, 2006 1:14pm Nov 2, 2006 1:14pm
No problem. If the short term result is promising, we will certainly do it.



Quoting Micardo
Aha I can post the results no problem but I was actually hoping you guys could right some sort of code to backtest many years... is this possible?
Target: Trading naked.
  • #463
  • Nov 2, 2006 1:19pm Nov 2, 2006 1:19pm
OK I will have all of that info for you by the end of the weekend.... Is that ok?

So I will provide you with:

Summary Results for each system

Specification for each system as well
  • #464
  • Nov 2, 2006 1:34pm Nov 2, 2006 1:34pm
Yeah, that's ok. Looks like your confidence is based on testing result, not just concept. . I am looking forward to those information.

BTW, please let me know if you prefer to keep it private. But in that case I will still have to share it (by email) with the developers and testers here in this thread, just to ensure the quality of the EA.


Quoting Micardo
OK I will have all of that info for you by the end of the weekend.... Is that ok?

So I will provide you with:

Summary Results for each system

Specification for each system as well
Target: Trading naked.
  • #465
  • Nov 2, 2006 1:47pm Nov 2, 2006 1:47pm
Thank you very much AHA......

No we don't need it to be private.... Were a community here :-).

At the end of tha day if these variations work long term then it will be a nice gift that we can give to the FF community :-)
  • #466
  • Nov 2, 2006 2:42pm Nov 2, 2006 2:42pm
Then it would be great if you can post the specs and testing result here on this thread... Saving me time to email them to the team.



Quoting Micardo
Thank you very much AHA......

No we don't need it to be private.... Were a community here :-).

At the end of tha day if these variations work long term then it will be a nice gift that we can give to the FF community :-)
Target: Trading naked.
  • #467
  • Nov 2, 2006 8:55pm Nov 2, 2006 8:55pm
Quoting aha
Man, 100 pips SL and 8-24 pips profit will get you no where. That means you will have to win about 4-11 times more than loss to break even. I would maintain a healthy 1:2-3 risk return ratio.
Aha,

I understand what you meant by healthy ratio. I too took this money monagement seriously when searching for systems for months until two months ago. On August, I started to try LBT and got 100% winning rate for three weeks for my live micro account. I'd learnt from this framework that if I prepared my money management strategy based on winning rate such as 60%-80% (20%-40% bad trades,) I always must keep 1:2-3 RR ratio. But when my mindset was right and expected only good trades, my mindset could tolerate 1-5 fold of potential drawdown from target and left enough room for market to swing back to my original target. This gave me 100% winning rate.

In my TD-Combo's two months backtest, about 20%-40% of the trades were not closed right after opening. There were about 1-5 trades (short and/or long) were opened and closed before above trades hitted their original target.

My conclusion is there is no holy grail (100% winning rate) in this world and maximum winning rate will be 80% if I keep my 1:2-3 RR ratio.

I'm not saying that this is for everyone especially new traders. What I mean is if one's mindset is well prepared, he/she can choose strategy of either 50% winning rate with 1:3 RR ratio, or 99% winning rate with 5:1 RR ratio.

Yesterday I took a quick manual backtest for TD-Seq's complete countdown for 1-min chart for last three days. The target was same as 5-min and there were 7-14 valid countdowns per day. The result was 99% winning rate for 5:1 RR ratio and 50%-70% for 1:1 RR ratio. The 1% losing trade was because one trade's 8pips target was hitted but not 16pips target, after a 50pips potential drawback. So practical cut lost was about 20-30pips for this trade if it was traded real-time. Practical reward was 5 (average trades for half day) x 11pips (average target price after spread deduction) x 3 days = 165pips.

TD-Combo's complete countdown was too few (about 1 per 1-2 days) for me to test.

Hoh

P.S. In case you are curious about my LBT trades, I temporarily holds it for pure LBT application. I'm now searching one indicator/price pattern to combine with LBT because my mindset was not ready when I raised my trade size 30 folds of my initial 100% winning rate live test. (This was my serious mistake but I'd learnt that my mindset was not ready for this big of trade size.)
  • #468
  • Nov 2, 2006 9:40pm Nov 2, 2006 9:40pm
Understood.. Everybody is different but we just have to find the way that is right for ourselves.



Quoting hoh
Aha,

I understand what you meant by healthy ratio. I too took this money monagement seriously when searching for systems for months until two months ago. On August, I started to try LBT and got 100% winning rate for three weeks for my live micro account. I'd learnt from this framework that if I prepared my money management strategy based on winning rate such as 60%-80% (20%-40% bad trades,) I always must keep 1:2-3 RR ratio. But when my mindset was right and expected only good trades, my mindset could tolerate 1-5 fold of potential drawdown from target and left enough room for market to swing back to my original target. This gave me 100% winning rate.

In my TD-Combo's two months backtest, about 20%-40% of the trades were not closed right after opening. There were about 1-5 trades (short and/or long) were opened and closed before above trades hitted their original target.

My conclusion is there is no holy grail (100% winning rate) in this world and maximum winning rate will be 80% if I keep my 1:2-3 RR ratio.

I'm not saying that this is for everyone especially new traders. What I mean is if one's mindset is well prepared, he/she can choose strategy of either 50% winning rate with 1:3 RR ratio, or 99% winning rate with 5:1 RR ratio.

Yesterday I took a quick manual backtest for TD-Seq's complete countdown for 1-min chart for last three days. The target was same as 5-min and there were 7-14 valid countdowns per day. The result was 99% winning rate for 5:1 RR ratio and 50%-70% for 1:1 RR ratio. The 1% losing trade was because one trade's 8pips target was hitted but not 16pips target, after a 50pips potential drawback. So practical cut lost was about 20-30pips for this trade if it was traded real-time. Practical reward was 5 (average trades for half day) x 11pips (average target price after spread deduction) x 3 days = 165pips.

TD-Combo's complete countdown was too few (about 1 per 1-2 days) for me to test.

Hoh

P.S. In case you are curious about my LBT trades, I temporarily holds it for pure LBT application. I'm now searching one indicator/price pattern to combine with LBT because my mindset was not ready when I raised my trade size 30 folds of my initial 100% winning rate live test. (This was my serious mistake but I'd learnt that my mindset was not ready for this big of trade size.)
Target: Trading naked.
  • #469
  • Nov 3, 2006 2:58am Nov 3, 2006 2:58am
hans you are da man!
i will take a look at the code and go through the logic. if it makes sense, then i'll do some backtesting for a system i have in mind which combines TDREI, priceaction and TD combo\Seq.

cheers

phoenix

Quoting hans_gregor
i found 2 versions for TDREI. But i did not test it or verify the code to comply with Demark instructions
  • #470
  • Nov 3, 2006 3:04am Nov 3, 2006 3:04am
Micardo, I applaud your attitude.

It's people with an attitude like yours which makes this forum great.

(btw AHA,weghio, hans, clam--you guys are great too)

phoenix


Quoting Micardo
Thank you very much AHA......

No we don't need it to be private.... Were a community here :-).

At the end of tha day if these variations work long term then it will be a nice gift that we can give to the FF community :-)
  • #471
  • Nov 3, 2006 3:48am Nov 3, 2006 3:48am
aha. your Pinbar AHA 0.2.mq4 doesn't seem to work for USD/CAD pair on the daily chart.

it's very weird, but it works on the weekly and monthly charts, but not on the daily charts.
it doesn't show the pinbar or I4B indicators on the daily chart.

phoenix
  • #472
  • Nov 3, 2006 6:42am Nov 3, 2006 6:42am
It works here. Anyone else has the same problem?



Quoting phoenix
aha. your Pinbar AHA 0.2.mq4 doesn't seem to work for USD/CAD pair on the daily chart.

it's very weird, but it works on the weekly and monthly charts, but not on the daily charts.
it doesn't show the pinbar or I4B indicators on the daily chart.

phoenix
Target: Trading naked.
  • #473
  • Nov 3, 2006 12:26pm Nov 3, 2006 12:26pm
Hey aha,

Here are the results for the first 2 systems.... I am just finalising the specs for these 2 and I will post here hopefully by tonight :-)

What do you think???

Strategy 1 Results Summary for September and October

39 Trades
26 Wins
13 Loss

Total P/L: +928 pips for the two months.

Strategy 2 Results Summary for September and October
64 Trades
40 Wins
24 Loss

Total P/L: +2006 pips for the two months.
  • #474
  • Nov 3, 2006 3:55pm Nov 3, 2006 3:55pm
That's really good! Especially the second one, 250 pips per week.



Quoting Micardo
Hey aha,

Here are the results for the first 2 systems.... I am just finalising the specs for these 2 and I will post here hopefully by tonight :-)

What do you think???

Strategy 1 Results Summary for September and October

39 Trades
26 Wins
13 Loss

Total P/L: +928 pips for the two months.

Strategy 2 Results Summary for September and October
64 Trades
40 Wins
24 Loss

Total P/L: +2006 pips for the two months.
Target: Trading naked.
  • #475
  • Nov 3, 2006 5:15pm Nov 3, 2006 5:15pm
I have been following this thread since the beginning and just want to make a comment.

I want to thank Aha, Phoenix and everyone for all the hard work and then sharing the results. It is rare to follow a thread where the guys posting on the first page are still working and posting on the last. You all have set a model here by which others could learn. Please continue to improve on this ea. I have been trading the mouteki system for a few months and believe this ea can be a great one.

Great work everyone

Thanks

PS: I would help forward or back test if you need more help.
  • #476
  • Nov 3, 2006 9:31pm Nov 3, 2006 9:31pm
has anyone heard of the Big Ben method? Has anyone made an EA for it?
  • #477
  • Nov 4, 2006 1:02am Nov 4, 2006 1:02am
Quoting clam61
has anyone heard of the Big Ben method? Has anyone made an EA for it?
Here on the Pacific coast of the US we call it the "Midnite Express" as the London Open takes place at Midnite. I did a manual forward test for a month with more details at this link. I think i've even seen an EA out there for the London Open/Big Bend strategy (i have the Big Bend PDF file at the link also.)

: ) Thom
  • #478
  • Nov 4, 2006 4:57am Nov 4, 2006 4:57am
OK guys here they are..... the first 2 strategies.... Is it possible to do the back testing over years before you write the EA please?

Could you guys post the results here please once you have them.

Thanks people I really appreciate your help!!!

How long do you think it will take by the way?
Attached File(s)
File Type: doc Strategy's 1 and 2.doc   34 KB | 750 downloads
  • #479
  • Nov 4, 2006 5:58am Nov 4, 2006 5:58am
Quoting Micardo
OK guys here they are..... the first 2 strategies.... Is it possible to do the back testing over years before you write the EA please?

Could you guys post the results here please once you have them.

Thanks people I really appreciate your help!!!

How long do you think it will take by the way?
Hi Micardo

Are your results for 2 lots and 3 lots respectively for strategy 1 and 2 on one pair only GBPUSD?

Regards

howard
Regards
  • #480
  • Nov 4, 2006 6:27am Nov 4, 2006 6:27am
Thanks Melissa. Honestly, I improved my trading a lot in the process of hacking systems. I hope everyone shared their effort here also received something.

You are welcomed to test anything here. Just let us know what you are planning to do so not too many people repeating your effort (I think more than three people testing the same pair is a waste of effort).


Quoting traderlismiss
I have been following this thread since the beginning and just want to make a comment.

I want to thank Aha, Phoenix and everyone for all the hard work and then sharing the results. It is rare to follow a thread where the guys posting on the first page are still working and posting on the last. You all have set a model here by which others could learn. Please continue to improve on this ea. I have been trading the mouteki system for a few months and believe this ea can be a great one.

Great work everyone

Thanks

PS: I would help forward or back test if you need more help.
Target: Trading naked.
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