Bagovino Method | Page 142 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Bag-it: A successful EA based on the Bagovino Method 554 replies

Fully Customizable Bagovino Method EA 43 replies

Newbie question about the Bagovino Method! 11 replies

"Bagovino Method" VS "Cornflower Hourly System" 16 replies

Mouteki-Bagovino-Vegas-Firebird Movie 9 replies

Attachments: Bagovino Method
Exit Attachments

Bagovino Method

  • #2,821
  • Aug 18, 2007 5:28am Aug 18, 2007 5:28am
yesterday evening I test entry RSI 9 50 cross 5-8 ema wthout SL, TP 30 BE 15 exit RSI 9 48 nad 52 level
I think its necessary find optimal setting, for entry and exit
bj
Attached Image(s) (click to enlarge)
Click to Enlarge Name: test.jpg Size: 49 KB
Click to Enlarge Name: test 1.jpg Size: 34 KB
BJ
  • #2,822
  • Edited 7:38am Aug 18, 2007 7:23am | Edited 7:38am
Hi there!
Bago seems good!
What I'm now doing is some "special MAs" testing.
I'm now keen on exits based on JMA and/or HMA based CCI.
Rules are simply: entry by your original strategy, exits when JMA (HMA) TCCI (6) && CCI(14) changes its direction.
Alternative exits are when CCI (or TCCI) come close to zero level.
Another thing based on JMA (HMA) could be MACD (be it "clasic 12-26-9(7)" or "ZeroLag 3-10-3." "Unusual 8-17-9").
Alternative to original RSI should be Laguerre or RSX (aka Smoothed RSI).

Indicators mentioned above I use as a supportive ones to my original setups.
You should try to discover your way to using it.
May it be an alternative exit strategy.
Or digging pips through this core!

See pictures below
&
Tray it!
---
Thanks
&
Nice day!

http://img85.imageshack.us/img85/379...0807tp1.th.png http://img223.imageshack.us/img223/4...0807xn0.th.png
Attached File(s)
File Type: tpl bTPL.tpl   6 KB | 661 downloads
File Type: zip Indicators.zip   18 KB | 922 downloads
File Type: zip IMG.zip   129 KB | 741 downloads
Thanks & Nice day!
  • #2,823
  • Aug 18, 2007 8:32am Aug 18, 2007 8:32am
Quoting brainjt
yesterday evening I test entry RSI 9 50 cross 5-8 ema wthout SL, TP 30 BE 15 exit RSI 9 48 nad 52 level
I think its necessary find optimal setting, for entry and exit
bj
I think you're correct, old brainy one, where the keyword is "optimal", as opposed to "perfect". Optimal RSI conditions will return the highest number of profitable trades, whereas perfect RSI exists on the same level of the mythological "holy grail". Question becomes for each trader, what winning ratio accords with their individual trading plan and philosophy.

For me, 90% winners out of 30 certainly accords with my trading plan. However, I also understand and accept that on some days, such as this past Friday, optimal conditions will not present themselves. Traders also know when to avoid the market - there's no law, rule or reason that says one must trade every day.
  • #2,824
  • Aug 19, 2007 11:01pm Aug 19, 2007 11:01pm
Quoting winsteadglenn
PeaceLover:
Look for FxSniper in the Zip file by MikhailDGreat on this page:
http://www.forexfactory.com/showthread.php?t=19874

Thanks my friend

Thank you

Peace
  • #2,825
  • Edited 11:39am Aug 20, 2007 9:46am | Edited 11:39am
today results set up entry. rsi 5 level 75-25 cross ema 5-8,
exit RSI 12 50 or rsi cross
TP 30 BE 15 SL 40
for eur jpn small SL??
- today I opened the same for test- but without SL
Attached Image (click to enlarge)
Click to Enlarge Name: bago v 3 results today.jpg Size: 73 KB
BJ
  • #2,826
  • Aug 20, 2007 10:12am Aug 20, 2007 10:12am
Quoting brainjt
today results set up entry. rsi 5 level 75-25 cross ema 5-8,
exit RSI 12 50 or rsi cross
TP 30 BE 15 SL 40

- today I opened the same for test- but without SL
Wow...
brainjt rocks...
Can you share your EA settings.
Thanks in advance..
  • #2,827
  • Aug 20, 2007 10:55am Aug 20, 2007 10:55am
Quoting brainjt
today results set up entry. rsi 5 level 75-25 cross ema 5-8,
exit RSI 12 50 or rsi cross
TP 30 BE 15 SL 40

- today I opened the same for test- but without SL
wow!

17 trades just only for 8hours

this trades on 15min chart??
  • #2,828
  • Aug 20, 2007 11:36am Aug 20, 2007 11:36am
its necessary modify ea- look code,
this set up is with SL 40
Attached File(s)
File Type: zip set up ea.zip   458 KB | 778 downloads
BJ
  • #2,829
  • Aug 20, 2007 11:44am Aug 20, 2007 11:44am
Quoting brainjt
its necessary modify ea- look code,
this set up is with SL 40
Thanks brainjt.
  • #2,830
  • Aug 20, 2007 1:10pm Aug 20, 2007 1:10pm
necessaey control code before trading
set up entry. rsi 5 level 75-25 cross ema 5-8,
exit RSI 12 50 or rsi cross
TP 30 BE 15 SL 40
Attached File(s)
File Type: mq4 Bago-Method_Mikhail-EA-V3.mq4   39 KB | 572 downloads
BJ
  • #2,831
  • Aug 20, 2007 2:19pm Aug 20, 2007 2:19pm
Quoting MoneyMa$ter
=Next week, I'll test SAR True, RSI buy-sell conditions 60/40 (allows for some PRICE reversal/fluctuation before reversing ORDER), ExitonCross False.
Here we go brainy one -

Results of the above-referenced tweak:

Not Good! Confirms Glenn's avoidance of RSI 60/40 on the buy/sell condition. Too many trades (more than 50, too many to post) were entered on the 15M. $3,100+ drawdown. Midtest I switched to RSI 70/30 with better results. Looks like optimal combination lies between 70/30 and 75/25.
  • #2,832
  • Aug 20, 2007 7:17pm Aug 20, 2007 7:17pm
Quoting brainjt
necessaey control code before trading
set up entry. rsi 5 level 75-25 cross ema 5-8,
exit RSI 12 50 or rsi cross
TP 30 BE 15 SL 40
Thanks a lot brainjt.
  • #2,833
  • Aug 21, 2007 7:38am Aug 21, 2007 7:38am
Bago ea 30min 4 pairs TP25,BE 15, SL 40,
+ entry cross ema 5-8, RSI 30-70, exit RSI buy51- sell 49, exit cross true,
MM false, 0,1 lots,
trading hours 7-11 /GMT+2/
complete results for today
last 2 trades minus 80 pips- EA maybe better to 10,30 trading then opne last trade et 11,00 not et 11,30- I noticed that after 11,00 always down
look also detailed statement
Attached Image(s) (click to enlarge)
Click to Enlarge Name: today resulsts on 30 min 4 pairs start 7,00...end 11,00.jpg Size: 90 KB
Click to Enlarge Name: statemen- always drop after up.jpg Size: 29 KB
BJ
  • #2,834
  • Aug 21, 2007 9:29am Aug 21, 2007 9:29am
today for 15 mins bad day- GBPUSD big losses,

set up entry. rsi 5 level 75-25 cross ema 5-8,
exit RSI 12 50 or rsi cross
TP 30 BE 15 SL 40
Attached Image (click to enlarge)
Click to Enlarge Name: today 15 min.jpg Size: 126 KB
BJ
  • #2,835
  • Aug 21, 2007 10:50am Aug 21, 2007 10:50am
Quoting brainjt
today for 15 mins bad day- GBPUSD big losses,

set up entry. rsi 5 level 75-25 cross ema 5-8,
exit RSI 12 50 or rsi cross
TP 30 BE 15 SL 40
what is it - BE ???
  • #2,836
  • Aug 21, 2007 11:10am Aug 21, 2007 11:10am
Quoting brainjt
last 2 trades minus 80 pips- EA maybe better to 10,30 trading then opne last trade et 11,00 not et 11,30- I noticed that after 11,00 always down
look also detailed statement
BJ,

Notice news times and impact on EA. Tuesday, 21 August we had european news around 09:00 gmt and US news around 12:30 gmt. It appears we don't want the EA opening new trades prior to US news. I would recommend stopping EA 45-60 minutes before 12:30 gmt US news announcements. Continue EA after news for perhaps 2 more hours.
  • #2,837
  • Aug 21, 2007 1:52pm Aug 21, 2007 1:52pm
Quoting 4newbie
what is it - BE ???
breakeven
BJ
  • #2,838
  • Aug 21, 2007 5:18pm Aug 21, 2007 5:18pm
Very Nice, Brainy One. Thanks.
Mobi: Can you add your suggestions as switchable options to Brainy's EA Version? I am intrigued by the smoothed RSI, especially.
Any word from Mikhail? Glenn
  • #2,839
  • Aug 22, 2007 5:31am Aug 22, 2007 5:31am
today results on 30mins, I trade only 6,00-10,30 /GMT-2/
Attached Image (click to enlarge)
Click to Enlarge Name: today resulsts on 30 min 4 pairs start 6-10,30.jpg Size: 109 KB
Attached Image
BJ
  • #2,840
  • Aug 22, 2007 5:54am Aug 22, 2007 5:54am
Quoting MoneyMa$ter
For the record, here are the settings that produced the nearly perfect performance reported for August 16th, trading on the 15M, beginning around midnight, 1 am eastern time USA. Let's see what happens overnight.

TP 32
SL 45
TS 0
BE 15 (tweaked code to move SL to BE+10)
MAs 5,8
SAR False
PureSAR False
Exit on Cross True
FastMAPeriod = 5,
FastMAType = 0,
FastMAPrice = 4,
FastMAshift = 0,
SlowMAPeriod = 8,
SlowMAType = 0,
SlowMAPrice = 4,
SlowMAshift = 0;

RSI Buy Condition 75
RSI Sell Condition 25
MM True
Slippage 3

Ignore the person I will who inveigles me next week, asking me to post my settings/EA!
********************
This data is provided for informational purposes only and is NOT intended as a recommendation. FX trading is inherently risky and should be undertaken with extreme caution.
Hi Moneymaster,

Thanks for these settings.
Strange thing though is when I input them and backtest on 15 min charts , I get 85 to 90% losers. I don't suppose you could help in filling me in where I have could gone wrong. Have inputed and checked many times but keep getting the same results.

regards
terminex.
2 traders viewing now