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Supernova GBP/JPY Mini Trend Catcher

  • #1,021
  • Sep 24, 2007 5:39pm Sep 24, 2007 5:39pm
Quoting Qpip
This has to be the FUNNEST (that a word?) day of young my trading life!

Cryten: Now, hurry up and get your act together/connected so that you can come out and PLAY!

Gnat: Let me know if you got the same signals I got, k?

Now, I have a question about what I now affectionately call my little robots.

This morning, I turned on the EA at roughly 7:45 am EST (at home). A sell signal had occurred for GBPJPY at 19:00 yesterday. When confirmation came (DMI) at 11:00 am this morning, the EA took the trade. I also turned on another instance when I got to work, but that was maybe 45 minutes to 1 hour later. But at 11:00 am, the EA did not take the trade.

So, can I deduct from this that the EA will only consider signals that occurred 12 hours or less before it was turned on? Or might it be something else? (it did take the other 2 signals exactly like at home tho).

nb: I'm still in the 3 trades I posted in the journal, now with +14, +1, +8.
rofl at "your little robots" haha

Ok someone mentioned something like this a few pages ago but without the time difference. I have emailed the programmer and awaiting his reply. If he doesn't I'll use someone new for supernova v1.2 (my version as another version has been kindly posted to the thread)

Getting my act together slowly but surely, this year karma has been stalking me with a baseball bat or maybe it's baptism by fire, and did you know the mayan calender ends in 2012 and that george bush worships some owl god in bohemian grove!!

See what lack of trading is doing to my mind haha
Will be pippin shortly for the sake of my sanity

cryten
  • #1,022
  • Sep 24, 2007 5:40pm Sep 24, 2007 5:40pm
Also, something that we may all want to watch out for.

In late afternoon, I decided to exit the GBPUSD trade (at work) with 10 pips, since I had to leave the office anyway (this is my "manual EA" testing account, not the one I'm posting in the journal which is loyal to the supernova system).

Well, just afterwards, I switched to 1H tf, just to have a peek, and ZAP it took another short trade!! I'm not even sure it has anything to do with changing tfs. We'll need to clear this behaviour, but for now, if I decide to manually exit a trade, I FIRST disable the EA, cause if not it seems to think "Gee, here’s a great set-up, let's go!" (not sure sure that EA's say "Gee" but you get the point, heh).

And another thing. When just doing dot-to-dot, I thought the exits were simply = to the new entries, like I did with my manual backtests a while back. But it doesn’t seem to be case at all. This causes the EA to ONLY take trades in ONE direction. Let’s say it starts out long. Then exits on a short signal (in profit or not). It then waits all the way through to the next long signal (while not taking the short). In a very trendy situation this might be extra cool. But I was wondering if we shouldn’t think of including some sort of automatic sell-sell/buy-buy thingy.

That was exits for dot-to-dot. Now when using the filters, correct me if I’m wrong, but it only needs ONE of the 3 (either signal or filter 1 or filter 2) to exit. This opens up the possiblity of placing future trades in both directions.

nb: currently +19, +15, +9
  • #1,023
  • Sep 24, 2007 5:46pm Sep 24, 2007 5:46pm
Quoting Qpip
Also, something that we may all want to watch out for.

In late afternoon, I decided to exit the GBPUSD trade (at work) with 10 pips, since I had to leave the office anyway (this is my "manual EA" testing account, not the one I'm posting in the journal which is loyal to the supernova system).

Well, just afterwards, I switched to 1H tf, just to have a peek, and ZAP it took another short trade!! I'm not even sure it has anything to do with changing tfs. We'll need to clear this behaviour, but for now, if I decide to manually exit a trade, I FIRST disable the EA, cause if not it seems to think "Gee, here’s a great set-up, let's go!" (not sure sure that EA's say "Gee" but you get the point, heh).

And another thing. When just doing dot-to-dot, I thought the exits were simply = to the new entries, like I did with my manual backtests a while back. But it doesn’t seem to be case at all. This causes the EA to ONLY take trades in ONE direction. Let’s say it starts out long. Then exits on a short signal (in profit or not). It then waits all the way through to the next long signal (while not taking the short). In a very trendy situation this might be extra cool. But I was wondering if we shouldn’t think of including some sort of automatic sell-sell/buy-buy thingy.

That was exits for dot-to-dot. Now when using the filters, correct me if I’m wrong, but it only needs ONE of the 3 (either signal or filter 1 or filter 2) to exit. This opens up the possiblity of placing future trades in both directions.

nb: currently +19, +15, +9
hmm thats really strange, when I get a chance I'll slap the ea on in 1 min to get an idea on what it's actually doing. hurry up a learn mql Qpip

You get what you pay for I guess, We should still test skyline's version - all is not lost
  • #1,024
  • Sep 24, 2007 5:54pm Sep 24, 2007 5:54pm
Quoting cryten
hmm thats really strange, when I get a chance I'll slap the ea on in 1 min to get an idea on what it's actually doing. hurry up a learn mql Qpip

You get what you pay for I guess, We should still test skyline's version - all is not lost
Hey, don't worry my friend. Don't forget this thing is in its infancy, beta phase, foetal stage, whatever you like. So it's totally natural that it needs some tweeking. Doesn't the programmer come with some sort of "after sales free tweeking" policy, at least for it to work like you initially requested? And anyway, you can't trade right now, so it's ok that the EA isn't fully functional until YOUR are heh.

If the programmer doesn't agree to some free tweaking, then I'm paying next time. PM me with the details.

nb: don't wanna brag or make you even more insane than you feel right now, not being able to trade, but I'm now up +28, +16, +18:
  • #1,025
  • Sep 24, 2007 6:06pm Sep 24, 2007 6:06pm
Quoting Qpip
nb: don't wanna brag or make you even more insane than you feel right now, not being able to trade, but I'm now up +28, +16, +18:


I hope there's some secret news on the way

only kiddin

yeah tis early stages and we (or you guys right now heh) need to test test test and go for all the bells and whistles in the next version

Well it's 12am here and I'm at work on the internet and I finished 2 hours ago , g'nite
  • #1,026
  • Sep 24, 2007 6:10pm Sep 24, 2007 6:10pm
Quoting cryten


I hope there's some secret news on the way

only kiddin

yeah tis early stages and we (or you guys right now heh) need to test test test and go for all the bells and whistles in the next version

Well it's 12am here and I'm at work on the internet and I finished 2 hours ago , g'nite
G' night. See ya tomorrow.

nb: what Skyline version??? I lost a bit of this thread in the last 2 weeks, I'll do some back-reading tonite.
  • #1,027
  • Sep 24, 2007 6:21pm Sep 24, 2007 6:21pm
Hello Cryten and everyone else,
this is a very exiting thread and system. The CCI is an awesome addition to the system, the 100 and -100 really help getting in and out at the best time. and after experimenting with different values on the DMI I find 7 appears to give a very good signal to confirm the trade. What pairs besides the JY crosses do you find the system to work on and at what times?
Thanks in advance to all involved! ADBhttp://www.forexfactory.com/images/icons/dollar.gif
Think BIG!
  • #1,028
  • Sep 24, 2007 6:42pm Sep 24, 2007 6:42pm
Hmmmm I was just thinking about the EA not taking signals in both directions on the dot-only method. I don’t want to sound like I’m having an OH MY GOD mouth-wide-open red face kinda moment (which I am hehe) but just imagine the results we’d get for GBPJPY if it went both ways ß he’s blue in the face, but the rest is what I look like, except I’m smiling – superimpose this one and paint red.

That probably explains why my manual backtesting dot-to-dot had much better results than this (I couldn’t understand why, thought maybe I had been to “kind” with my supposed entry points).

I’ll try to trick the program into entering into one direction one way trip. Then starting it elsewhere so it takes the other direction all the way. This way, we could get an idea of the potential results.

Not that the current 3K/mth on a consistent basis results (1 standard lot) can be considered bad LOL
  • #1,029
  • Sep 24, 2007 6:45pm Sep 24, 2007 6:45pm
Quoting 1ADB
What pairs besides the JY crosses do you find the system to work on and at what times?
Thanks in advance to all involved! ADBhttp://www.forexfactory.com/images/icons/dollar.gif
Hi 1ADB,

Please see an earlier post of mine (a few pages back I believe, sorry dunno how to paste direct links to posts yet)

I backtested the ea on 11 pairs 8 separate months on varying time frames and I posted the results.

Hope this helps.
  • #1,030
  • Sep 24, 2007 7:05pm Sep 24, 2007 7:05pm
Quoting Qpip
Hi 1ADB,

Please see an earlier post of mine (a few pages back I believe, sorry dunno how to paste direct links to posts yet)

I backtested the ea on 11 pairs 8 separate months on varying time frames and I posted the results.

Hope this helps.
Thanks Qpip.http://www.forexfactory.com/images/icons/dollar.gif
Think BIG!
  • #1,031
  • Sep 24, 2007 7:54pm Sep 24, 2007 7:54pm
THE DILEMA

Watched my little robots perform like pros since I got back from work, even one more was added to the happy family (short eurjpy, the benjamin) and now I’m thinking what if I had to go to bed right now (it’s getting close) BECAUSE I’M UP +150 pips (‘ma can I push on the button now, please ‘ma, can I, can I?? Pleaaaaaaase?)

Nah, i won’t cause I’m testing the EA. But I’ll tell you, in real life...... boy..... dunno if I could stand this (specially with no stops YAAAAAAAA)

A few notes on anomalies. The eurjpy short happened at 20:00 EST and I really have no idea why, since the signal is AGES old and the indicators agreed time and time again for many 30 mins beforehand but no trade and now......... wammo, a trade.

Plus, on my “manual EA” account, GBPUSD showed a clear signal + filters at 20:00 as well but zilch, notin happened. Puzzling. Maybe cause both are running on at the same time? Shouldn’t be, they’re both installed in different directories. Hmpf.

One last thought before my mind decides to just walk away and go to bed by itself while I’m still here typing, is that this week-end while I was backtesting, I thought in an “OR” frame of mind, ie, if the best pair has a signal, I’ll let the EA go with that one, if it’s the 2nd best............. etc. All the way down to the least (but still) profitable eurusd.

I just realized there’s no NEED for an OR thing, it’s an AND thing that the EA lets me do.And this AND is now grossing (MA MA MIAAAAAAA JUST HAD A LOOK) currently 220 pips on the foursome (breath in, breath out)

With decent money management of course and sufficient margin (and all that), the potential here for the combined dynamite effect BADABOUM is becoming gargantuant (go check your dictionary I sometimes invent words, this one is a real word )

The initial goal of my forex life was (actually still is) 20 pips/day. Ya know with the extra pips for the pip bank if any.

Alright, I’ll leave it doing it’s thing and maybe the whole balloonesque setup will just deflate like a mega pip fart and tomorrow morning I’ll be like –14 pips er somethin, right? THAT’S reality. Shoulda pushed on da button when it was time, right?

Buenos natchos (sp?) amigos,
  • #1,032
  • Sep 24, 2007 8:08pm Sep 24, 2007 8:08pm
This is becoming ridiculosomucho. As I was typing the above, my combined joyous 4-little-happy-bears team just decided to tiptoe into the +300 pips territory.

What’s my bosses name again? Dear Sir, it is with the utmost regret that I announce that I am sacking you errrrrrrr leaving the company for personal reasons (I need to practice as I’ll be saying this in person, can’t be mega grinning at the same time). Does this sound ok?

Ah, lemme dream!

OK I’m done littering the tread again with my ramblings , off to watch a profoundly and deeply moving and mind provoking program on TV before going to bed (yes, it’s The Simpsons)
  • #1,033
  • Sep 24, 2007 9:23pm Sep 24, 2007 9:23pm
Qpip,

You crack my ass up. Keep it up girl!!!

lcfxtrader
  • #1,034
  • Sep 24, 2007 11:03pm Sep 24, 2007 11:03pm
I'm still up (tomorrow morning = hello, yeah hi ahem, can't come in this morning ahem cough, OUTCH, think I caught somethin', a bad bad cold maybe, the flu, ? oh I wish I could but SNEEEEEEEEZE, sorry 'bout that, yeah, anyway, maybe it's the virus ya know mad cow or somethin' SNEEEEEEEEZE, sorry, gotta hang up now, don't want YOU to catch it right, through the phone, you never know, bye)

go have a look at the results here:
http://www.forexfactory.com/showthre...t=45110&page=6

post #81 (grrrrrrrrr still haven't figured out how to post a direct link to a post HELP!!!)
  • #1,035
  • Sep 25, 2007 3:24am Sep 25, 2007 3:24am
[quote=Qpip;1609267]This has to be the FUNNEST (that a word?) day of young my trading life!

Gnat: Let me know if you got the same signals I got, k?

Now, I have a question about what I now affectionately call my little robots.

This morning, I turned on the EA at roughly 7:45 am EST (at home). A sell signal had occurred for GBPJPY at 19:00 yesterday. When confirmation came (DMI) at 11:00 am this morning, the EA took the trade. I also turned on another instance when I got to work, but that was maybe 45 minutes to 1 hour later. But at 11:00 am, the EA did not take the trade.
quote]

Hi, your Pipness!

I am live-testing the 1H timeframe right now. I entered into a GBPJPY trade at about the same time. As I am fiddling with exit strategies also, I was out of the trade 82 pips later.
In manual trading on shorter timeframes - 30M about to get ready and finding confirmation on 15M&5M - I grabbed 62 pips on the first leg, let it retrace and got another 64 pips later on. Closed out by the trailingstop. Out of an overall move of 150 pips this is an amazing result both for the EA and the manual side.
The EA tends to reenter in awkward moments if you just close the trade by hand. Therefor it seems to be better to leave it to its own TP on the original Supernova EA. The v1.1 from uconn is easier to steer in that respect, as the managetpEA was merged into it.
I am trying to get a bug-list together, so that the v1.2 in the end will be even better... or bettererer as you would call it. I love your inventions and contributions to the linguistics of many languages. Your Spanish is also mucho imprezzano ... nic .. tish... you know!?!

For improvement of the results for EURUSD please see uconn's statement on his strategy #939 here. Maybe in the end we will have extra settings for each currency pair that will allow us to make the best of the behaviour of all of them.

Another thing: Saw your post in the journal (happy that I finally tripped over it) and saw your MT4 platform there and the very competitive spreads. Which broker is that?

Need coffee! Hope your boss bought your "coughcough"-flu and you could sleep a bit longer!

Ciao
Gnat
  • #1,036
  • Sep 25, 2007 3:45am Sep 25, 2007 3:45am
Quoting Qpip
Hi 1ADB,

Please see an earlier post of mine (a few pages back I believe, sorry dunno how to paste direct links to posts yet)

I backtested the ea on 11 pairs 8 separate months on varying time frames and I posted the results.

Hope this helps.
Paste direct: The easiet way is to mouse over the number and mark it with the left mouse-klick-o-matic. Then rightklick on the marked area and hit "copy" in the dropdownmenue. When you paste this into your statements, the little numbersign and the actual number appear in the text and the number is blue an clickable. The post you want to refer to will show up in an extra window.
Ta-da!!

Greetings
Gnat - full of coffee
  • #1,037
  • Edited 4:20am Sep 25, 2007 3:46am | Edited 4:20am
Hallo Awesome and cyber ... want some coffee?
  • #1,038
  • Sep 25, 2007 4:23am Sep 25, 2007 4:23am
Hi Folks

I have read every post in this thread but haven't posted until now. Things tend to become a blur after reading hundreds of posts in several threads so I am asking for a little assistance here.

My forward tests have been dismal with the EA but I see a lot of folks are doing well. I suspect that the primary reason is that I am trading every pair that IBFX offers. Without having to re-visit every post, could someone please enlighten me as to which pairs and timeframes are best suited to this EA?

Also, since different EA's have been posted, I would appreciate knowing which one is the most successful and what settings work best for most people.

Although I have only traded forex for a couple of years, I have been involved with stocks, options and futures for over 15 years and the willingness of forex traders to share ideas is second to none! My heartfelt thanks to everyone that posts here.
  • #1,039
  • Sep 25, 2007 4:39am Sep 25, 2007 4:39am
Quoting orion70
Hi Folks

I have read every post in this thread but haven't posted until now. Things tend to become a blur after reading hundreds of posts in several threads so I am asking for a little assistance here.

My forward tests have been dismal with the EA but I see a lot of folks are doing well. I suspect that the primary reason is that I am trading every pair that IBFX offers. Without having to re-visit every post, could someone please enlighten me as to which pairs and timeframes are best suited to this EA?

Also, since different EA's have been posted, I would appreciate knowing which one is the most successful and what settings work best for most people.

Although I have only traded forex for a couple of years, I have been involved with stocks, options and futures for over 15 years and the willingness of forex traders to share ideas is second to none! My heartfelt thanks to everyone that posts here.
Hallo Orion70!

So - you get the coffee!

First to the pairs and timeframes. Her Ladyship has done some sound research there and put it together. You find it in #983 and attached.

On EURUSD there are some extra ideas from uconn that I presented to Qpip in the post above - just follow the clickable number there. So there is more money in that.

This system does work best with big average true ranges - so the lame ducks will not bring you joy unless you firce them and it will get better results in manual trading.

The EA's are both in their intensive testing phase. I am demoing the v1.1 and I am using the Supernova EA live. If I see a pair going into buying mode on a longer timeframe, I sometimes force it into the trade by switching into 15M or 5M. If the setup is met there, the trade is triggered. Then I move back into 1H and let the trade run out there. Still fiddling with exits - see above.

Hope that helped a bit. Always ready for further questions.

Gnat
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  • #1,040
  • Sep 25, 2007 4:47am Sep 25, 2007 4:47am
Another summary table from the journal of the Queen of Pips...

stealing her silver...
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