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Simple Daily System

  • #321
  • Aug 11, 2007 5:59am Aug 11, 2007 5:59am
Quoting TheThing
Ooppss..Can't modify the 1st post in this thread to add our recent rules..Does anyone has a solution?
Ask a moderator and they'll do it for you =)
  • #322
  • Aug 11, 2007 6:03am Aug 11, 2007 6:03am
Quoting IndyCash
I'll have a go at adding an option for that one too Kev
Very nice done! But the executions of the trades are still a problem. Look here: http://i15.tinypic.com/504attf.jpg

Your tool says the 12th, the bars after the 9th is the 12th of February. If it executed there it would definetly be no loss. It seems like it's execution on the 13th. On bar ahead.

Guys, until IndyCash fixes the minor problems I don't think there is any idea to post results and such.

Very good job anyway IndyCash! I'm impressed!

EDIT: I just confirmed by looking at an other pair that the same thing happens on all pairs. It executes the trade one bar ahead of the actual bar.
  • #323
  • Aug 11, 2007 7:49am Aug 11, 2007 7:49am
Quoting TheThing
Thank you kittiman for posting your results!
But seems you have modified this system for yourself a bit, 'cause say on chart 1 I can see two bullish candles and then bearish candle and then you enter on 4th candle. Sometimes you trade against the direction of 20/50EMA.
That's good if you find this way of trading work but I can't follow you, 'cause seems you've added new rules and if I would like to check them - my head will blow up
hello thing,
I cannot see which trade you think,
I do not notice the Emas +30 pips are always almost always destitute of 3 at opening at this carried out even if the following closes in cash in the opposite direction to fetch, got in.
which trade and the results are it always realizes wurden.konkretiesiere above the bar at this, please you think.
kittiman
  • #324
  • Aug 11, 2007 8:03am Aug 11, 2007 8:03am
Quoting kittiman
hello thing,
I cannot see which trade you think,
I do not notice the Emas +30 pips are always almost always destitute of 3 at opening at this carried out even if the following closes in cash in the opposite direction to fetch, got in.
which trade and the results are it always realizes wurden.konkretiesiere above the bar at this, please you think.
kittiman
As far as I understand from your chart you enter after 2 candles have formed but we're looking for 3 candles. We don't trade against direction of 20/50 EMA but you have 1 winner (60 pips) and 1 loser (150 pips) in the chart above. If to follow original rules both trades shouldn't be taken, because they are short but we have 20 ema above 50 so no confirmation.
It's ok to trade your way but testing around here is going with a bit different setups.
Attached Image (click to enlarge)
Click to Enlarge Name: chfyen1.jpg Size: 36 KB
  • #325
  • Aug 11, 2007 8:05am Aug 11, 2007 8:05am
Quoting TheThing
Thank you kittiman for posting your results!
But seems you have modified this system for yourself a bit, 'cause say on chart 1 I can see two bullish candles and then bearish candle and then you enter on 4th candle. Sometimes you trade against the direction of 20/50EMA.
That's good if you find this way of trading work but I can't follow you, 'cause seems you've added new rules and if I would like to check them - my head will blow up
hello thing,
I think ok you mean trade nr.3 and nr.6,
got in nothing changed to the regulate was carried out at the third bar
and the realization of the results at nichtauslösen of the sl, two, meets later.
kittiman
Attached Image (click to enlarge)
Click to Enlarge Name: chfyen1.jpg Size: 38 KB
  • #326
  • Aug 11, 2007 8:52am Aug 11, 2007 8:52am
Quoting kittiman
hello thing,
I think ok you mean trade nr.3 and nr.6,
got in nothing changed to the regulate was carried out at the third bar
and the realization of the results at nichtauslösen of the sl, two, meets later.
kittiman
I hope this will help you understand what TheThing means.

http://i11.tinypic.com/4uoktgo.jpg

Any questions please ask
  • #327
  • Edited 9:51am Aug 11, 2007 9:33am | Edited 9:51am
Quoting TheThing
Nice pips and ugly SL Will you survive if 2 bad trades had happened?
yup.....profit would have been only 450

or maybe this one is better....

Results for pair: AUDUSD
Period: Aug 2006 - Jul 2007
Daily Start Time: 20:00:00 GMT
TP1: 30 TP2: 100 SL: 90

Total Confirmed Signals: 10
Winners: 10
Losers: 0
Pips: 800

Results for pair: AUDUSD
Period: Aug 2006 - Jul 2007
Daily Start Time: 20:00:00 GMT
TP1: 40 TP2: 140 SL: 90

Total Confirmed Signals: 10
Winners: 10
Losers: 0
Pips: 960
Same Whore .... Different Dress
  • #328
  • Aug 11, 2007 9:48am Aug 11, 2007 9:48am
Quoting johnedoe
yup.....profit would have been only 450
Please note that the information you provided are irrelevant unless your rules are

Wait for 3same color bars and MA trend THEN wait 24hours then enter trade as the 24 hours hadn't been there. IndyCash is doing what he can to fix this I think. In the meantime we must wait =)

Also note that 2 trades in a row with that big SL would have resulted in 800pips loss.

Enter 2X lot.
TP1 hit 1X lot --> SL to Break Even.
If new SL hit, 1X lot exit. We're out |OR| TP2 hit 1X lot. We're out.
OR SL hits in the first place 2X lot.

Maybe a dumb explanation, but read it slowly and carefully =)
  • #329
  • Aug 11, 2007 1:25pm Aug 11, 2007 1:25pm
Quoting zunk
Please note that the information you provided are irrelevant unless your rules are

Wait for 3same color bars and MA trend THEN wait 24hours then enter trade as the 24 hours hadn't been there. IndyCash is doing what he can to fix this I think. In the meantime we must wait =)

Also note that 2 trades in a row with that big SL would have resulted in 800pips loss.

Enter 2X lot.
TP1 hit 1X lot --> SL to Break Even.
If new SL hit, 1X lot exit. We're out |OR| TP2 hit 1X lot. We're out.
OR SL hits in the first place 2X lot.

Maybe a dumb explanation, but read it slowly and carefully =)


just posting what the calculator is showing at this time.....

here is a time converting link .... sorry about all the crap links on the page but it is a good local to GMT converter.... http://wwp.greenwichmeantime.com/
Same Whore .... Different Dress
  • #330
  • Aug 11, 2007 2:41pm Aug 11, 2007 2:41pm
hre is another interesting profit diffearnce if you take profit as the strategy normally would you get this on this pair..
Results for pair: EURJPY
Period: Aug 2006 - Jul 2007
Daily Start Time: 15:00:00 GMT
TP1: 40 TP2: 100 SL: 90

Total Confirmed Signals: 16
Winners: 14
Losers: 2
Pips: 600

now if you change the TP so both TPs close at the same time you get this...
Results for pair: EURJPY
Period: Aug 2006 - Jul 2007
Daily Start Time: 15:00:00 GMT
TP1: 40 TP2: 40 SL: 90

Total Confirmed Signals: 19
Winners: 17
Losers: 2
Pips: 1000

I think I like the second setup better......
Same Whore .... Different Dress
  • #331
  • Aug 11, 2007 3:52pm Aug 11, 2007 3:52pm
Am I the only one finding this quite irrelevant? I mean the tools is super cool but at the moment it got some flaws that needs to worked out..
  • #332
  • Aug 11, 2007 3:56pm Aug 11, 2007 3:56pm
Quoting johnedoe
hre is another interesting profit diffearnce if you take profit as the strategy normally would you get this on this pair..
Results for pair: EURJPY
Period: Aug 2006 - Jul 2007
Daily Start Time: 15:00:00 GMT
TP1: 40 TP2: 100 SL: 90

Total Confirmed Signals: 16
Winners: 14
Losers: 2
Pips: 600

now if you change the TP so both TPs close at the same time you get this...
Results for pair: EURJPY
Period: Aug 2006 - Jul 2007
Daily Start Time: 15:00:00 GMT
TP1: 40 TP2: 40 SL: 90

Total Confirmed Signals: 19
Winners: 17
Losers: 2
Pips: 1000

I think I like the second setup better......

Please also note that you get different amount of signals 16 vs 19. why? because atm the tool is flawed. I beleive IndyCash is working on that. S please stop =)
  • #333
  • Aug 11, 2007 4:23pm Aug 11, 2007 4:23pm
Quoting zunk
Am I the only one finding this quite irrelevant? I mean the tools is super cool but at the moment it got some flaws that needs to worked out..
Nope, you are not the only one Waiting with patience for IndyCash response
  • #334
  • Aug 11, 2007 4:37pm Aug 11, 2007 4:37pm
Quoting TheThing
Nope, you are not the only one Waiting with patience for IndyCash response
Yes, also notice I don't find the tool irrelevant but johnedoe's posts. hehe
  • #335
  • Aug 11, 2007 5:15pm Aug 11, 2007 5:15pm
Quoting zunk
Yes, also notice I don't find the tool irrelevant but johnedoe's posts. hehe
Hey zunk....yes the tool is a back tester with some flaws and these posts are merly showing some of the results SO chill out........and here is another irrelevant post with image, your a bright boy can probably figure it out.
http://img514.imageshack.us/img514/6...enshot8wp2.png
Same Whore .... Different Dress
  • #336
  • Aug 11, 2007 5:20pm Aug 11, 2007 5:20pm
Quoting johnedoe
Hey zunk....yes the tool is a back tester with some flaws and these posts are merly showing some of the results SO chill out........and here is another irrelevant post with image, your a bright boy can probably figure it out.
http://img514.imageshack.us/img514/6...enshot8wp2.png
Yes I understand what you're posting. If this is from the tool IndyCash is Developing then I must agree, Yes this is totaly irrelevant. I mean, why are you doing it? Do you want me to also post make-believe results that I just make up from my mind? It would be about as useful.

Please, it's cluttering the thread. Stop It.
  • #337
  • Edited 5:41pm Aug 11, 2007 5:29pm | Edited 5:41pm
examples of potential results of entries at differant times is irrelivant.....yes you are absolutly right
even with the flaws this tool shows some very good potential as to what one could potentialy expect....
soooo I;ll quit cluttering your board, have a great day.
Same Whore .... Different Dress
  • #338
  • Aug 11, 2007 5:44pm Aug 11, 2007 5:44pm
Quoting johnedoe
examples of potential results of entries at differant times is irrelivant.....yes you are absolutly right
even with the flaws this ool shows some very good potential as to what one could realisticly expect....
soooo I;ll quit cluttering your board, have a great day.
Yes it's irrelevant - because the trades the tool takes are mot taken correctly!

The tool is taking THE WRONG trades. The entries are not based on the setups we discuss in this thread. I'm sorry. But that's the truth. IndyCash is probably working to fix that problem but to me it seems like you have no idea how skewed your results are. They tell us ABSOLUTELY nothing. That's the truth. Please look at your charts and compare the entries, THEY ARE WRONG!

Don't you other people who have participated in this thread agree with me on this one? If you don't I will shut up, but to me it's just cluttering up the thread and making it harder to read what people have said...

johnedoe, I don't want you to stop participating in this thread but you must understand that at the moment this tool is not taking the trades correctly at all. Please, compare with your chart.

Can't you understand what I mean?

EDIT: Just to clarify

1. It enters trade 24 hours to late
2. It chooses trades based on the SL, TP1 and TP2 settings you make OR it just chooses randomly (remember that 16 vs 19 post you made. Same pair, time and everything. But different SL, TP1 and TP2)

How can we know it's not more fault. AND number 2 should be enough to just not take the result it gives us seriously (no offense here IndyCash, I love what you've done).

Those 2 statements above are hard evidence. They are real proofs. You cannot agree that the above is not correct. Now based on that, do you find the tool irrelvant or relevant as it is right now?
  • #339
  • Aug 11, 2007 5:53pm Aug 11, 2007 5:53pm
I have compared with my chart and yes there is error in the output, but it is only about a 1/2 day against the oanda charts that I am using.

as to the differant results in the post you mention I was changeing the TPs perimiters to see the differance in results....
Same Whore .... Different Dress
  • #340
  • Aug 11, 2007 5:57pm Aug 11, 2007 5:57pm
Quoting johnedoe
I have compared with my chart and yes there is error in the output, but it is only about a 1/2 day against the oanda charts that I am using.
I don't know what GMT oanda is on but if I choose the correct GMT and compares it to my brooker it's 24 hours off.

And statement 2 above. There is no way we can consider the results of the tool relevant just based on that alone. We can just not be sure it takes the trades correctly yet..
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