I may be late replying, but it's taking me a while to figure out what this is all about. The idea is interesting at first glance, and if I understood a little, it would be interesting to use automated trading on a demo account.
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That is currently what the demo TE is doing. It’s fully automated, no intervention, no discretion, nothing whatsoever. What’s probably useful to others is, the pairs and their respective direction, which can be traded manually, or however you want.
{quote} Yeah it is interesting, so one could simply look at the pairs on the TE being traded with the given direction and see if it matches their system or supports their bias. Like I was saying, most of the time, all the trades for a given pair will be in one direction, like for example EURUSD is sell for the day, but since everything is independent, it is possible that on a few pairs, there will be both buy and sell for example on EURUSD, which is also fine, you get diversification. The point is, if all the pairs in the system are traded in their...
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sounds alright like copy trade system, interested in how the core logic and finding out why such an such is a buy on whatever TF - what lines up that confirms its entry triggers? have u run it through a FX replay you can fit 20 years in 1 day, a weeks data is unreliable for me because different scenarios shape all sorts of outcomes
{quote} sounds alright like copy trade system, interested in how the core logic and finding out why such an such is a buy on whatever TF - what lines up that confirms its entry triggers? have u run it through a FX replay you can fit 20 years in 1 day, a weeks data is unreliable for me because different scenarios shape all sorts of outcomes
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To clarify, there is no alignment of MTFs required. I was just saying that I wanted more trading activity so I'm trading it on three different timeframes. But the system has nothing to do with other timeframes. The system is just only trading that pair for that timeframe. That was kind of the other point I was making, by letting each timeframe trade independnetly, it gives diversity, safety in numbers, in case one of the directions in one of the timeframes is wrong.
{quote} To clarify, there is no alignment of MTFs required. I was just saying that I wanted more trading activity so I'm trading it on three different timeframes. But the system has nothing to do with other timeframes. The system is just only trading that pair for that timeframe. That was kind of the other point I was making, by letting each timeframe trade independnetly, it gives diversity, safety in numbers, in case one of the directions in one of the timeframes is wrong.
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yes thats exactly what i was talking about - why does the system enter on that time frame?
{quote} yes thats exactly what i was talking about - why does the system enter on that time frame?
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The TE isn't updating so here are the trades so far for today. Not sure what you mean, the EA just trades on whatever timeframe I place it on, like H1, H4, etc.
{quote} The TE isn't updating so here are the trades so far for today. Not sure what you mean, the EA just trades on whatever timeframe I place it on, like H1, H4, etc. {image}
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im not sure either, looks to be doing ok, good luck with it
{quote} im not sure either, looks to be doing ok, good luck with it
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So far... But there's no one to compare to since nobody else shows their TE here. But when comparing to zero other TEs, yes, it's doing good since it's the only one.
{quote} So far... But there's no one to compare to since nobody else shows their TE here. But when comparing to zero other TEs, yes, it's doing good since it's the only one.
I'm not sure why but the TE hasn't been working so far today so here's a screenshot of the pairs and directions in case it's helpful to check against your system's bias to see if it matches.
I'm not sure why but the TE hasn't been working so far today so here's a screenshot of the pairs and directions in case it's helpful to check against your system's bias to see if it matches. {image}
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Can see a contradiction - its long audchf nzdchf and long euraud eurnzd so its buying and selling the same currency, we can seperate that from being long and short nzdcad eurgbp at the same time because that is the code? ea
{quote} Can see a contradiction - its long audchf nzdchf and long euraud eurnzd so its buying and selling the same currency, we can seperate that from being long and short nzdcad eurgbp at the same time because that is the code? ea
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Yeah, it doesn't get all of them right but that's where the safety in numbers comes in. Here, it got EURNZD and EURAUD wrong which would have been big losses, but trading many pairs at once, provides a net positive, with safety in numbers. I know a lot of people look at trading one pair but it's a good idea to look at more than one pair.
{quote} Can see a contradiction - its long audchf nzdchf and long euraud eurnzd so its buying and selling the same currency, we can seperate that from being long and short nzdcad eurgbp at the same time because that is the code? ea
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I'm trading each pair and timeframe competely independently. As independent as it is possible. That's what's providing the safety in numbers. The more independence, the more safety. That's the key. If I were to trade with dependence, then I might as well just be buying EURCHF, which is effectively what's happening with the pairs you mentioned. But that wouldn't give me the safety in numbers.
{quote} Yeah, it doesn't get all of them right but that's where the safety in numbers comes in. Here, it got EURNZD and EURAUD wrong which would have been big losses, but trading many pairs at once, provides a net positive, with safety in numbers. I know a lot of people look at trading one pair but it's a good idea to look at more than one pair. {image}
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i trade most major fx pairs and crypto and metals stocks anything basically with chart patterns ill trade it - all the best with your system
It's still early but usually by the end of London, around 19:00, there are about two losing pairs but the safety in numbers from other pairs has made up for the losses. Currently, EURNZD and GBPAUD seem to be losing but that could change once the sessions have all completed.
I understand the idea of diversification across pairs and timeframes, but I’m trying to understand how this can actually be traded manually. Could you please clarify the trading rules, how do you determine when a pair is buy or sell? When exactly open a trade? Is there a fixed lot size or risk per trade? Where exactly is stop loss placed?
I’m interested in testing the concept manually, but without clear rules it’s hard to evaluate or replicate.
I understand the idea of diversification across pairs and timeframes, but I’m trying to understand how this can actually be traded manually. Could you please clarify the trading rules, how do you determine when a pair is buy or sell? When exactly open a trade? Is there a fixed lot size or risk per trade? Where exactly is stop loss placed? I’m interested in testing the concept manually, but without clear rules it’s hard to evaluate or replicate.
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To trade it manually, of course test on demo, you'd basically look at the pairs that the EA is trading and their direction, and then use your own entry methods. Usually, the TE works but today, the TE hasn't been working so I've been posting screenshots of the pairs and their direction. Although, I'm not sure if anybody cares to demo test the pairs since no one is posting about taking the pairs and directions and giving feedback about how it worked out, on their demo.
{quote} To trade it manually, of course test on demo, you'd basically look at the pairs that the EA is trading and their direction, and then use your own entry methods. Usually, the TE works but today, the TE hasn't been working so I've been posting screenshots of the pairs and their direction. Although, I'm not sure if anybody cares to demo test the pairs since no one is posting about taking the pairs and directions and giving feedback about how it worked out, on their demo.
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I was thinking of creating a ZuluTrade account so others could copy the trades exactly but after checking their site, the compensation doesn't seem worthwhile at all. Apparently there's no longer a fee for the person copying the trades. There's just a 0.5 pip paid to the provider, which is not worth it at all since someone could easily copy trades from the provider on a small 500 USD account, and then use a copier to copy that terminal onto a larger account, so they would effectively copy all the trades, and the provider would receive 0.5 pip, on a 500 USD account. Not worth it at all.
Okay guys, I think I've seen enough of my EAs testing. It went through a bit of stress test today and missed some time of trading, when something unrelated gave the OS the Blue Screen of Death and it was good to see it handled itself properly after the computer fix.
Since there's almost zero interest in seeing the pairs and their direction, I'll stop the TEs.
