Dislikedthis setup finally had a significant down day, looking for a few more good ones so i can start getting a good idea of where to place a basket sl. Still arguing with myself about whether to just end the trades as a basket each day or keep them open for a longer exit. Since the entry is on m5 and they are entering on the trend i would assume that if the pair is going in the same long term direction at some point the next day it would jump back in. On the other hand it sure is nice seeing all that green get collected over time while leaving trades...Ignored
Any of you all do any Guppy testing? I have been neglecting him.
Here's one with HAS direction filters H1/1414 D1/1313 and Guppy on M5. As I understand Guppy was designed to work best on higher time frames with the trend. Trend Rider was designed around D1 and works getting into the trend with direction HAS filters, my thought is Guppy might also be. Have had a couple tests with Ichimoku and Alligator on M5 with HAS that turned out good and as I understand they are both trend followers.
So far Wave Rider is hitting a few more stops (using M5) my assumption is due to lower time frame picking swings or Eliot waves (or whatever magic is behind it) with HAS trend filters it needs more room to breath. In pervious tests on H1 (what i assume Wave Rider was designed for) it outperforms everything in a one and done situation. Just some thoughts from a very small data set.
Pay no attention to the notes as I already had started CT before clicking my buttons and was too lazy to change the notes for a restart, This was Guppy M5 not Trend Rider for entry, and the session was 17-10 (no gap before London as the screenshot suggests) still a few hours left.
Here's one with HAS direction filters H1/1414 D1/1313 and Guppy on M5. As I understand Guppy was designed to work best on higher time frames with the trend. Trend Rider was designed around D1 and works getting into the trend with direction HAS filters, my thought is Guppy might also be. Have had a couple tests with Ichimoku and Alligator on M5 with HAS that turned out good and as I understand they are both trend followers.
So far Wave Rider is hitting a few more stops (using M5) my assumption is due to lower time frame picking swings or Eliot waves (or whatever magic is behind it) with HAS trend filters it needs more room to breath. In pervious tests on H1 (what i assume Wave Rider was designed for) it outperforms everything in a one and done situation. Just some thoughts from a very small data set.
Pay no attention to the notes as I already had started CT before clicking my buttons and was too lazy to change the notes for a restart, This was Guppy M5 not Trend Rider for entry, and the session was 17-10 (no gap before London as the screenshot suggests) still a few hours left.
YEEHAA!!!
Was getting good results on a M5 entry on good days but every now and then was hitting a bad way with too many stops. In real life I trade D1 with good results but maybe if I'm lucky only get 1 trade a day. So i fired up 5 different instances of MT4 on the same account running M30 H1 and H4 running Wave Rider and Trend Rider with the same entry HAS filters on all and shabang! Could have just been a good day though as I did not run a control on 5M but still I like it.
Seller9 I have a few requests for upgrades to the Currency trader. At your leisure of course I am in no rush and these things take time. Currently I am doing all of these manually at the end of the trading day when I choose the pairs to keep over night and over the weekend.
1. A brake even pair setting that automatically moves the broker stop loss to a few pips above break even after it hits a chosen ADR (i currently use 0.5ADR or 1ADR depending on if its the weekend or not.
2. Ability to add onto a trade that already has a trade open while using the CT time frame X out of the pair if it has already happened that Day.
3. Be able to choose multiple entry time frames that send a signal so I would not need to have multiple instances of MT4 open.
All doable manually so if it's going to end up causing more effort than its worth no problem. Looking forward to your new system, perfection takes time.
Was getting good results on a M5 entry on good days but every now and then was hitting a bad way with too many stops. In real life I trade D1 with good results but maybe if I'm lucky only get 1 trade a day. So i fired up 5 different instances of MT4 on the same account running M30 H1 and H4 running Wave Rider and Trend Rider with the same entry HAS filters on all and shabang! Could have just been a good day though as I did not run a control on 5M but still I like it.
Seller9 I have a few requests for upgrades to the Currency trader. At your leisure of course I am in no rush and these things take time. Currently I am doing all of these manually at the end of the trading day when I choose the pairs to keep over night and over the weekend.
1. A brake even pair setting that automatically moves the broker stop loss to a few pips above break even after it hits a chosen ADR (i currently use 0.5ADR or 1ADR depending on if its the weekend or not.
2. Ability to add onto a trade that already has a trade open while using the CT time frame X out of the pair if it has already happened that Day.
3. Be able to choose multiple entry time frames that send a signal so I would not need to have multiple instances of MT4 open.
All doable manually so if it's going to end up causing more effort than its worth no problem. Looking forward to your new system, perfection takes time.
- #8,211
- Feb 4, 2022 9:35am Feb 4, 2022 9:35am
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Here are all of Friday's trades, I shut it down probably a little early.
- #8,212
- Feb 4, 2022 9:37am Feb 4, 2022 9:37am
- | Commercial User | Joined Jul 2009 | 5,727 Posts
More Friday trades:
- #8,213
- Edited 10:08am Feb 4, 2022 9:37am | Edited 10:08am
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Another Friday trade:
- #8,218
- Feb 9, 2022 9:05am Feb 9, 2022 9:05am
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Here are some examples where trades were not placed when the first swing signal was seen. We at times get multiple swing signals as it repaints so we do not want to jump in without some sort of confirmation. This is where the break out line comes into play, it will keep trailing each new day until the price closes across it to confirm a possible trade.
Here is an example of a short trade where a add to signal has shown but since we are not in profit no add will be taken.
I am still doing some tweaking on this TS2 and it is not available yet.
Here is an example of a short trade where a add to signal has shown but since we are not in profit no add will be taken.
I am still doing some tweaking on this TS2 and it is not available yet.
- #8,219
- Feb 9, 2022 9:22am Feb 9, 2022 9:22am
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Here is an example of a loser.
