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  • #441
  • Dec 8, 2006 12:46pm Dec 8, 2006 12:46pm
No, nothing on the downside.

Quoting MoneyMa$ter
BenQ,


That's my understanding also. Marci has clearly done a great job with this EA, so good that it seem that this is the only real issue we need to focus on - capturing some profit in the event of a reversal.

Curious Ben, did the hedge open to the downside?
  • #442
  • Dec 8, 2006 12:52pm Dec 8, 2006 12:52pm
I believe that the capturing of some PIPs is depend upon what you set the values for UseTS and TrailingStopLevel. The default is not to use Trailing Stop. I have just left these values as is, and I have seen very profitable trades turn sour when the market starts reversing. What would be great is if one does not turn on UseTS then at least activate a B/E if its beyond x-number of PIPs as an option so that you don't lose anything.
  • #443
  • Dec 8, 2006 2:53pm Dec 8, 2006 2:53pm
I wasn't using TS at all. I was very surprised that it was up approx 85 pips and then slowly turned around and stopped out for -58. I'm not sure if that's an error or a setting or what, but that's a good amount of pips to give up.

Quoting et_phonehome_2
I believe that the capturing of some PIPs is depend upon what you set the values for UseTS and TrailingStopLevel. The default is not to use Trailing Stop. I have just left these values as is, and I have seen very profitable trades turn sour when the market starts reversing. What would be great is if one does not turn on UseTS then at least activate a B/E if its beyond x-number of PIPs as an option so that you don't lose anything.
  • #444
  • Dec 8, 2006 3:12pm Dec 8, 2006 3:12pm
using the default settings, my demo account of $500 with 0.1 standard lots blew up. And yeah, the EA doesn't perform very well with transient spikes.
  • #445
  • Dec 8, 2006 7:44pm Dec 8, 2006 7:44pm
Quoting dazed101
using the default settings, my demo account of $500 with 0.1 standard lots blew up. And yeah, the EA doesn't perform very well with transient spikes.
Today was not a good day for the EA since the market reversed several timesin the course of the day. I am not sure because of NFP and the latter news....
  • #446
  • Dec 8, 2006 7:56pm Dec 8, 2006 7:56pm
Quoting MoneyMa$ter
BenQ,

That's my understanding also. Marci has clearly done a great job with this EA, so good that it seem that this is the only real issue we need to focus on - capturing some profit in the event of a reversal.

Curious Ben, did the hedge open to the downside?
Mine did open a short on the first reversal at about 1.9680 before the big drop and opened 2 long positions on the ride up. I was closing positions on the EA before the weekend because I was off to a holiday party, so I cheated on the 2nd long and took it when it maxed out so I don't know what would have happpened had it stayed in on the long side. However as it stands, I profited (in my demo only, sigh...) close to 250 pips both going up and down. But for those of you that got stopped out on your long from the initial ride up, I took a look at the code, because it shouldn't have allowed that to happen, and I discovered a bug in the code that prevented it from putting a S/L at +15pips profit as it was supposed to once the profit exceeded 55 pips. I WILL fix that over the weekend and update Flyer! with that fix along with one in the LimitHours function.

Have a good weekend all!

GF
  • #447
  • Dec 8, 2006 8:01pm Dec 8, 2006 8:01pm
Girlflyer,

Have a nice weekend..... Keep up the good work... Probably one of the better EAs that I have come across though I am still demoing it..
  • #448
  • Dec 9, 2006 12:44pm Dec 9, 2006 12:44pm
Hello Marci;

Many thanks for your efforts. I had 2 longs on Fri also and just let them run.
Losers both. Pic herewith.
Attached Image
  • #449
  • Dec 9, 2006 1:43pm Dec 9, 2006 1:43pm
What effects have been seen with trading during the Asian market times? I see on the software that these times can be removed from trading.

How has trading during this time period affected the overall return on trading?

Is it best to let the software run 24x7 or to eliminate certain hours from trading completely?
  • #450
  • Dec 9, 2006 2:05pm Dec 9, 2006 2:05pm
I just got mysqlf InterbankFX demo, and downloaded all data back from '99.
Result I've got - totally unpredictible. Backtesting with same parameters, comparing to FXDD demo, produced more trades, entry and exit points were up to 20 pip apart, and in the end I've got two mirrired curves for results (FXDD - up, IBFX - down)
That's so weird... I'm starting forward-testing it with IBFX, and see what'll happen...
  • #451
  • Dec 9, 2006 2:48pm Dec 9, 2006 2:48pm
If you used the download button in history center, the data is from metaquotes not the IBFX data.

Hope that helps.
Quoting orkan84
I just got mysqlf InterbankFX demo, and downloaded all data back from '99.
Result I've got - totally unpredictible. Backtesting with same parameters, comparing to FXDD demo, produced more trades, entry and exit points were up to 20 pip apart, and in the end I've got two mirrired curves for results (FXDD - up, IBFX - down)
That's so weird... I'm starting forward-testing it with IBFX, and see what'll happen...
  • #452
  • Dec 9, 2006 2:58pm Dec 9, 2006 2:58pm
Then it's even more weird.
Coz I used "download" button for both, IBFX, and FXDD.
So data should be the same? Or FXDD uses some other source?

Quoting Puppy
If you used the download button in history center, the data is from metaquotes not the IBFX data.

Hope that helps.
  • #453
  • Dec 9, 2006 11:31pm Dec 9, 2006 11:31pm
Quoting yezbick
What effects have been seen with trading during the Asian market times? I see on the software that these times can be removed from trading.

How has trading during this time period affected the overall return on trading?

Is it best to let the software run 24x7 or to eliminate certain hours from trading completely?
Backtesting has shown some limited improvement by eliminating the Asian session, but I don't see much difference. Since the price moves recently have not been that large during Asia, it might stand to do better to take them out and only trade during Europe and NY, thereby eliminating the smaller and possibly more false signals. But at the same time I've seen a trend start around 3 or 4am GMT and just continue that way right into Europe. So if you eliminated Asia, you could miss potential starts. Best thing to do is just try to test it and see how you feel it fares for you.

GF
  • #454
  • Dec 9, 2006 11:32pm Dec 9, 2006 11:32pm
Quoting orkan84
Then it's even more weird.
Coz I used "download" button for both, IBFX, and FXDD.
So data should be the same? Or FXDD uses some other source?
Every broker probably will have slightly different figures for their data...
  • #455
  • Dec 10, 2006 5:14am Dec 10, 2006 5:14am
Quoting GirlFlyer
Backtesting has shown some limited improvement by eliminating the Asian session, but I don't see much difference. Since the price moves recently have not been that large during Asia, it might stand to do better to take them out and only trade during Europe and NY, thereby eliminating the smaller and possibly more false signals. But at the same time I've seen a trend start around 3 or 4am GMT and just continue that way right into Europe. So if you eliminated Asia, you could miss potential starts. Best thing to do is just try to test it and see how you feel it fares for you.

GF
Is there a way to get my MT show the GMT time? Its always confusing. I do notice during live trading that the Asian market will move during a specific time and then go to sleep, but I think its a sleeper since never tell for sure where price is heading since it ranges too much in my opinion.
  • #456
  • Dec 10, 2006 10:58am Dec 10, 2006 10:58am
Quoting et_phonehome_2
Is there a way to get my MT show the GMT time? Its always confusing. I do notice during live trading that the Asian market will move during a specific time and then go to sleep, but I think its a sleeper since never tell for sure where price is heading since it ranges too much in my opinion.
You can't get MT4 to show it by itself... maybe I can write something into Flyer! to show it in the screen.

GF
  • #457
  • Last Post: Edited 4:11pm Dec 10, 2006 12:49pm | Edited 4:11pm
This thread continued in part 2... see the Trading systems Forum for the new thread.

http://www.forexfactory.com/forexfor...ad.php?t=11153
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