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Flyer! EA - New Thread - Part 2

  • #41
  • Dec 13, 2006 6:16pm Dec 13, 2006 6:16pm
Quoting GirlFlyer
gbp/usd transactions

12-12-06 - sell at 13:30 GMT - S/L at 13:38 (right after trade balance)
12-12-06 - sell at 19:14 GMT - S/L at 19:15 (went short right at FOMC)
12-13-06 - sell at 09:04 GMT - S/L at 09:30


Girlflyer

I dont understand why you program open this 3 order because the 5 WMA and the 8 WMA didnt cross. The only order that the moving average cross is 12/11/06 long at 08:53 gmt; stopped out at 10:05 gmt.

Thanks
  • #42
  • Dec 13, 2006 6:58pm Dec 13, 2006 6:58pm
Quoting amed12
Girlflyer

I dont understand why you program open this 3 order because the 5 WMA and the 8 WMA didnt cross. The only order that the moving average cross is 12/11/06 long at 08:53 gmt; stopped out at 10:05 gmt.

Thanks
At least 2 of these come from a separate function of the EA designed to attempt to capture rapid moves that would cause the MA's to cross shortly. It's a premptive move to try to get the entry before the MA's cross if the price action is moving rapidly. In the case of GBP, if it moves 40 pips or more in less than 15 minutes, its designed to go ahead and buy in the direction of movement. Reason being is that within the next hour, the MA's will have crossed because that 40 points is enough to cause the MA's to cross. But, if one was to wait until the signal actually occured, much of the move could be over already.

Until recently, this design addition has provided relatively good results for GBP because it usually continues going in the direction of fast motion. However, this week sees us returning to the winter volatile season and the currencies may be subject to rapid price motions both directions with rapid reversals. If this is going to happen regularly, then this factor will have to be reduced. You can eliminate or reduce these kind of trades by changing the value in "SpreadArray" in the data arrays. "SpreadArray" controls the amount the price would have to move in the last 15 minutes before it would make a purchase in that direction.

Hope that helps to understand for everybody!

GF
  • #43
  • Dec 13, 2006 11:43pm Dec 13, 2006 11:43pm
Quoting amed12
did you use flyer 24 hour. Tell me the hour when flyer open trade yesterday.
Amed12,

My platform is StrategyFX:

Shorted GBPUSD at 2006.12.13 11:05 1.9677 hit stop loss at 1.9724.

No trades opened since.

- Dan
  • #44
  • Dec 14, 2006 10:05am Dec 14, 2006 10:05am
Flyer! just opened long today 14 Dec 2006 at 1.9639, 16:03 gmt.
  • #45
  • Dec 14, 2006 10:09am Dec 14, 2006 10:09am
Quoting GirlFlyer
I don't know about everybody else, but Flyer has been stopped out about 4 times in a row on GBP/USD the last few days. I have not seen this kind of major reversals and ups and downs on the Cable for most of the year. If this trend continues to happen, we will all have to adjust our settings for a more jumpy Cable. Flip side of things, EUR/USD is doing rather well in all of this.

Your experiences so far this week?

GF
On my IBFX broker, I had following trades this week:

Long EURUSD @1.3209 (12/11 15:33), +48 pips
Short EURUSD @1.3231 (12/12 09:16), -47 pips
Long EURUSD @1.3256 (12/12 19:20), +10 pips
Short EURUSD @1.3261 (12/13 08:33), +15 pips
Total for EUR: +26 pips

Short USDCHF @1.2007 (12/12 15:31), -47 pips
Short USDCHF @1.2014 (12/12 19:20), +15 pips
Total For CHF: -32 pips

Short GBPUSD @1.9592 (12/12 13:30), -47 pips
Short GBPUSD @1.9619 (12/12 19:14), -47 pips
Short GBPUSD @1.9683 (12/13 09:01), -47 pips
Long GBPUSD @1.9676 (12/14 01:47), -47 pips
Long GBPUSD @1.9681 (12/14 07:11), +1 pip
Long GBPUSD @1.9687 (12/14 07:11), -47 pips
Short GBPUSD @1.9656 (12/14/12:23), +3 pips
Total for GBP: -231 pips

GRAND TOTAL: -237 pips

As for FXDD account:
Long GBPUSD @1.9536 (12/11 09:18), -42 pips
Short GBPUSD @1.9681 (12/13 09:02), +15 pips
Long GBPUSD @1.9687 (12/14 07:48), -42 pips
Short GBPUSD @1.6355 (12/14 12:16), +3 pips
Total for GBP: -66 pips

Long EURUSD @1.3205 (12/11 15:27), +30 pips
Short EURUSD @1.3233 (12/12 08:59), -47 pips
Long EURUSD @1.3254 (12/12 19:20), +12 pips
Short EURUSD @1.3257 (12/13 09:04), +15 pips
Long EURUSD @1.3232 (12/14 07:45), -47 pips
Totals for EUR: -37 pips

Short USDCHF @1.2010 (12/12 15:45), +3 pips
Totals for CHF: +3 pips

GRAND TOTAL For FXDD: -100 pips
+ one open trade Long CHF (since 12/13 12:35), +107 pips so far, and it didn't lock profit on 15 pip....

So that's my experience this week =)
  • #46
  • Dec 14, 2006 10:19am Dec 14, 2006 10:19am
The results have not been good for me either. You will need to adjust the TP and all if you want to be in the green
  • #47
  • Dec 14, 2006 1:58pm Dec 14, 2006 1:58pm
Today at 8:30 CET was buy on EURUSD. But at 12:30 CET I expect to see sell. But I don't see it. Why?
  • #48
  • Dec 14, 2006 4:42pm Dec 14, 2006 4:42pm
Quoting garrik007
Today at 8:30 CET was buy on EURUSD. But at 12:30 CET I expect to see sell. But I don't see it. Why?
The EA attempts to determine an overall trend of the market within so many periods backwards in time. AT 8:30 CET, there had been more upwards movement on the Eur than downwards movement in the last 22 periods (the period the eur/usd is set to look at for past history... adjustable in "TrendArray"). So it went long when the signal crossed. When it reversed shortly afterwards, the 22 period history was still postive indicating a possible uptrend still. Thereby the EA did not go short because it thought there was still a likelihood of the price action going up.

Hope that helps.

GF
  • #49
  • Dec 14, 2006 4:48pm Dec 14, 2006 4:48pm
Folks,

I think GBP is having a "behavior" change. I'm seeing way too many stop outs in a row that have not occured in the backtesting over time. And backtesting the same time frames that have now been forward tested result in nearly identical trades.

Since the volatility has now increased on the market and GBP is spiking rapidly, I would suggest changing the "SpreadArray" setting from the current "40" to "58". This should help alleviate the spike entries caused by the market doing 50 point stop loss hunting.

Happy Hunting!

GF
  • #50
  • Dec 15, 2006 12:19am Dec 15, 2006 12:19am
Roger that, switching spreadarray to 58 from 40.

BTW, I manually closed my trade at profit, only because I couldn't babysit the EA. At one time however it was $360.00 to the downside. And I probably should mention, I'm using version 2.0, the version pre-dating the recent bug fix.
  • #51
  • Dec 16, 2006 5:40am Dec 16, 2006 5:40am
I have attached the results of Flyer v2 on a FXDD demo account. It was tested from 28-11-2006 to 15-12-2006.

EURUSD -223 pips
GBPUSD -107 pips
USDCHF -96 pips
Total -426 pips
Attached File(s)
File Type: zip Flyer v2 on FXDD demo.zip   17 KB | 631 downloads
  • #52
  • Dec 16, 2006 5:45am Dec 16, 2006 5:45am
I have had the same results. That hurts.
  • #53
  • Dec 16, 2006 10:34pm Dec 16, 2006 10:34pm
Quoting xux99
I have attached the results of Flyer v2 on a FXDD demo account. It was tested from 28-11-2006 to 15-12-2006.

EURUSD -223 pips
GBPUSD -107 pips
USDCHF -96 pips
Total -426 pips
This is why we look at testing and go with the demos first. As I've already mentioned, I think we're going through a change in markets again, which means we will probably have to find new settings for the EA to become profitable on the average again. I've already suggested one change for the GBP (see a few messages back). I will be researching further in the next few days.

GF
  • #54
  • Dec 17, 2006 8:29pm Dec 17, 2006 8:29pm
Quoting GirlFlyer
Folks,

I think GBP is having a "behavior" change. I'm seeing way too many stop outs in a row that have not occured in the backtesting over time. And backtesting the same time frames that have now been forward tested result in nearly identical trades.

Since the volatility has now increased on the market and GBP is spiking rapidly, I would suggest changing the "SpreadArray" setting from the current "40" to "58". This should help alleviate the spike entries caused by the market doing 50 point stop loss hunting.

Happy Hunting!

GF
The program has the line:
SpreadArray[15] = {50,40,100,40,1000,100,35,35}

Should it look like this:
SpreadArray[15] = {50,58,100,58,1000,100,35,35}
  • #55
  • Dec 17, 2006 8:35pm Dec 17, 2006 8:35pm
Quoting et_phonehome_2
The program has the line:
SpreadArray[15] = {50,40,100,40,1000,100,35,35}

Should it look like this:
SpreadArray[15] = {50,58,100,58,1000,100,35,35}
et,

Should look like this:

SpreadArray[15] = {50,58,100,40,1000,100,35,35}

In other words the first 40 refers to cable, change it to 58; leave the second 40 alone as that refers to another currency pair.
  • #56
  • Dec 18, 2006 1:04am Dec 18, 2006 1:04am
Quoting MoneyMa$ter
et,

Should look like this:

SpreadArray[15] = {50,58,100,40,1000,100,35,35}

In other words the first 40 refers to cable, change it to 58; leave the second 40 alone as that refers to another currency pair.
MM has it right ET, so far USD/JPY (the 4th pair) is still acting ok.

Marci
  • #57
  • Dec 20, 2006 10:24am Dec 20, 2006 10:24am
First, thanksful for these great idea and commitment to build the EA. Very Good GF.

Now, I'm still on going forward tested with the 3 Flyer, VA, VB and V2.0, but I can't understand about their Take Profit. It's auto doing by EA or we should set manually after EA open the position. Sorry, if question are not interesting to you, but I'm ..... really attractive.

Thanks, marci.
  • #58
  • Dec 20, 2006 9:43pm Dec 20, 2006 9:43pm
Quoting mie
First, thanksful for these great idea and commitment to build the EA. Very Good GF.

Now, I'm still on going forward tested with the 3 Flyer, VA, VB and V2.0, but I can't understand about their Take Profit. It's auto doing by EA or we should set manually after EA open the position. Sorry, if question are not interesting to you, but I'm ..... really attractive.

Thanks, marci.
The take profit is not predetermined. The EA will exit when it feels that it is the right time to get out. Howevever, you are welcome to exit a trade early if you wish. It does not cause problems with the execution of the EA.

btw (the in red letters), cute attempt at getting my attention!

Marci
  • #59
  • Dec 22, 2006 10:35am Dec 22, 2006 10:35am
Quoting GirlFlyer
The take profit is not predetermined. The EA will exit when it feels that it is the right time to get out. Howevever, you are welcome to exit a trade early if you wish. It does not cause problems with the execution of the EA.

Marci
Statement just suitable to Newbie....

EA + Manual = Profit =

Thanks to God cause of these idea to Marci and we all could take a lot of advantage. Make green pips every time for every trading day. How it's happened.
Lets EA run 24 hours in M30 chart with a little observation. After EA open long position, please check to confirm the twin WMA (5 & 8) cross over the twin EMA (18 & 28) and opposed for short position. Then close manually after it's showing green pips base on your target per trade or per day. These EA open new position again !!! Grateful EA.
But becareful about EA setting, all setting are optimal situation. Check their manual carefully to set minVal etc., orthers let him go. My experiance, after set stop loss 20, first trade hit SL, second trade EA open wrong position..... I got double red pips.
Nowadays, every time are happy..... thanks a lot to MARCI and the forumers...Good Luck.
  • #60
  • Dec 22, 2006 2:37pm Dec 22, 2006 2:37pm
Is this EA based on the Sidus Method? Heard it might be. Thanks IMO
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