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  • #561
  • Oct 8, 2007 4:08pm Oct 8, 2007 4:08pm
Good idea, I feel as you do about TP and unless a Trailing Stop is large I don't really like them either. I prefer to scale in and out of trades but hey that's for version 5.9 probably


Quoting Qpip
Oh and I wrote this up in word this morning and forgot to post it....

My new experiment for the week is this.

You may remember (or not) that I mentioned not being confortable with TPs. That’s because the greed in me says if I use a TP then I’m not going for the full potential of a given trade, so why use TPs at all.

Second, I started testing these, but they’re somewhat untestable. What I found (and it makes sense) is that the optimal TP for a given pair seems to correspond to the biggest up move or down move which occurred during the 8 months which I tested (and roughly corresponds to mid august). For instance, if we take eurjpy, we’d need to set a TP of 760 (it’s not a typo) in order to go grab the extra 36 pips which the trade of aug 15-17 had the potential for. How do I know what next month’s “biggest move” will be. I simply don’t.

So that’s why I quit testing the TPs.

Now, on the other hand, as far as my FastFoodBots (shorter TFs) are concerned, I’m still being bugged by the idea of having some “secured” pips under my pillow. So I got another idea. This week, my experiment is this. I have 2 sets of FlyEatingBots exactly mirrorring each other, except that one has TPs of 40 for each pair which will constitute my safety pips (safety dance? heh)

So at the end of the week we’ll see which one is further ahead (they’re currently identical since I just got that idea 2.7 minutes ago).

What I’d like to do (which is not doable, I don’t think at least) would be to EXIT ALL POSITIONS AT ONCE! when the combined + and – pips of any pairs/trades equal 40. But for now, I’ll settle with 40 each and see how it goes.
  • #562
  • Oct 8, 2007 4:15pm Oct 8, 2007 4:15pm
Quoting cryten
lol, sorry yes this is possible but any further modds would need to go in next version. I changed my mind so many times with Mikhail we have finally agreed on what I want coded so if I go to him now sayin actually just one more thing he would have steam coming out the ears probs
ok thanks

yeah I can understand, you're better to be NICE with him heheheh

just make a note of it or something as I think we might be able to better secure entries this way (not sure and I'd need to test it of course).

if I could just get through chapter 1 of that MQL manual, maybe I could understand how things.......... I got a better idea (keeping it secret tho). I'll wait for the oct 15 version then...................... (can't insert smileys while editing LOL anyway INSERT GREEN GRINNING MAN)
  • #563
  • Oct 8, 2007 4:27pm Oct 8, 2007 4:27pm
Quoting Qpip
heheheh gmat ==> "pretending" hehehe like the candle's "playing a game" with you heheheh

anyway, so is this your manual exit ?

(sorry to quote you from the other thread, didn't want to reply there, people are real technical right now - which is good, with the oct 15 deadline coming QUICKLY)
Yes, as the QQE is dancing around and is sometimes crossing I get out. Normally by then the lower TF moves are gone already.

Still on the phone... And I write *shite* as the Australians say... sounds so nice!
  • #564
  • Oct 8, 2007 4:33pm Oct 8, 2007 4:33pm
Quoting Qpip
Hi there little h who needs to be adopted

Can you elaborate on what "this" is/does or post a screenie or something. Thx.
Brandy sent us something! I will look into it tomorrow!
Very nice - thanks!
  • #565
  • Oct 8, 2007 4:36pm Oct 8, 2007 4:36pm
Quoting Qpip
Oh and I wrote this up in word this morning and forgot to post it....

My new experiment for the week is this.

You may remember (or not) that I mentioned not being confortable with TPs. That’s because the greed in me says if I use a TP then I’m not going for the full potential of a given trade, so why use TPs at all.

Second, I started testing these, but they’re somewhat untestable. What I found (and it makes sense) is that the optimal TP for a given pair seems to correspond to the biggest up move or down move which occurred during the 8 months which I tested (and roughly corresponds to mid august). For instance, if we take eurjpy, we’d need to set a TP of 760 (it’s not a typo) in order to go grab the extra 36 pips which the trade of aug 15-17 had the potential for. How do I know what next month’s “biggest move” will be. I simply don’t.

So that’s why I quit testing the TPs.

Now, on the other hand, as far as my FastFoodBots (shorter TFs) are concerned, I’m still being bugged by the idea of having some “secured” pips under my pillow. So I got another idea. This week, my experiment is this. I have 2 sets of FlyEatingBots exactly mirrorring each other, except that one has TPs of 40 for each pair which will constitute my safety pips (safety dance? heh)

So at the end of the week we’ll see which one is further ahead (they’re currently identical since I just got that idea 2.7 minutes ago).

What I’d like to do (which is not doable, I don’t think at least) would be to EXIT ALL POSITIONS AT ONCE! when the combined + and – pips of any pairs/trades equal 40. But for now, I’ll settle with 40 each and see how it goes.
This sounds good - let's give it a try then! Maybe we will find out, that H1 with less greediness is worth more pips than expected.
  • #566
  • Oct 8, 2007 4:39pm Oct 8, 2007 4:39pm
Quoting Gnat
Yes, as the QQE is dancing around and is sometimes crossing I get out. Normally by then the lower TF moves are gone already.

Still on the phone... And I write *shite* as the Australians say... sounds so nice!
You should get one of those headset systems, then your hands would be free.

And speaking about pronunciation (I like shite too sounds even more, you know, AH! SHIIIIIIIIIIIITE!) I actually pronounced your nick in my head a few secs ago using the n AND the m and it sounded very nice, almost musical. Try it GNMat (insert the shwa sound in between). You should end up with 3 syllables. A bit like "GUH-NUH-MAAAATT" (exagerating here, you need to go faster)
  • #567
  • Oct 8, 2007 4:40pm Oct 8, 2007 4:40pm
Quoting cryten
lol, sorry yes this is possible but any further modds would need to go in next version. I changed my mind so many times with Mikhail we have finally agreed on what I want coded so if I go to him now sayin actually just one more thing he would have steam coming out the ears probs
LOL ... nice picture! "I'm a programmer - not Santa Claus!"
  • #568
  • Oct 8, 2007 4:44pm Oct 8, 2007 4:44pm
Also with regards to qqe and 50 line, I have noticed when QQE smoothing 5 is dancing around the 50 the market is usually in a range but then I have noticed this on alot of indicators so using this info live might not work so well. I do miss my VT Heiken Ashi candles
  • #569
  • Oct 8, 2007 4:44pm Oct 8, 2007 4:44pm
Quoting Qpip
You should get one of those headset systems, then your hands would be free.

And speaking about pronunciation (I like shite too sounds even more, you know, AH! SHIIIIIIIIIIIITE!) I actually pronounced your nick in my head a few secs ago using the n AND the m and it sounded very nice, almost musical. Try it GNMat (insert the shwa sound in between). You should end up with 3 syllables. A bit like "GUH-NUH-MAAAATT" (exagerating here, you need to go faster)
Hey... what about Gntias... öhm Gnutschias Gracias!!:
  • #570
  • Oct 8, 2007 4:46pm Oct 8, 2007 4:46pm
Quoting cryten
Also with regards to qqe and 50 line, I have noticed when QQE smoothing 5 is dancing around the 50 the market is usually in a range but then I have noticed this on alot of indicators so using this info live might not work so well. I do miss my VT Heiken Ashi candles
What was different with these candles? I've used VT as well but for a very short period.
  • #571
  • Oct 8, 2007 4:50pm Oct 8, 2007 4:50pm
Quoting cryten
Also with regards to qqe and 50 line, I have noticed when QQE smoothing 5 is dancing around the 50 the market is usually in a range but then I have noticed this on alot of indicators so using this info live might not work so well. I do miss my VT Heiken Ashi candles
As long as the market is in a range it still has a good chance to carry on afterward in the same direction of the overall trend. We want to catch that extension of the move and it would not help so much to get out then. Right - the Heiken Ashi of MT4 are pretty poor, but they would not fit into the EA until be can really afford to let someone program their whole concept into an EA... Supernova v8.0 only 42.9 MB now!! It would not matter though. The EA would work with that size also... just need a lot of power in your PC
  • #572
  • Oct 8, 2007 4:52pm Oct 8, 2007 4:52pm
Quoting Qpip
What was different with these candles? I've used VT as well but for a very short period.
MT4 Ha candles are like fat stumpy firecrackers
VT HA candles are like dancing flames seductively swaying with the market moves.

I dunno, I just don't like them but then I tell myself you cannot get too attached to a certain platform, you should be able to trade with any platform.

:
  • #573
  • Oct 8, 2007 4:57pm Oct 8, 2007 4:57pm
Quoting cryten
MT4 Ha candles are like fat stumpy firecrackers
VT HA candles are like dancing flames seductively swaying with the market moves.

I dunno, I just don't like them but then I tell myself you cannot get too attached to a certain platform, you should be able to trade with any platform.

:
Seductively swaying candles... I think I will have to go to bed with this image in my mind! So very poetic, Mylord!!

Maybe they will include better Heikan Ashis soon. I will bitch about it on the interbank forum
  • #574
  • Oct 8, 2007 4:59pm Oct 8, 2007 4:59pm
Quoting Gnat
Seductively swaying candles... I think I will have to go to bed with this image in my mind! So very poetic, Mylord!!

Maybe they will include better Heikan Ashis soon. I will bitch about it on the interbank forum
Yes My liege! I can't imagine it would be hard to program, I might put a request myself in TSD
  • #575
  • Oct 8, 2007 5:04pm Oct 8, 2007 5:04pm
Quoting cryten
Yes My liege! I can't imagine it would be hard to program, I might put a request myself in TSD
Yeah... maybe Igor can do it. He seems to be fast, but why do you think it is easy... Well... I have no clue so far about MQL. Should leave it to the pros I guess.

Well... tomorrow will be the last early Kindergarten & School day, so I guess I need to catch half a night of sleep now!

See ya sometime tomorrow and good night!

GMatt
*shite* LOL
  • #576
  • Oct 8, 2007 5:11pm Oct 8, 2007 5:11pm
Quoting Gnat
Yeah... maybe Igor can do it. He seems to be fast, but why do you think it is easy... Well... I have no clue so far about MQL. Should leave it to the pros I guess.

Well... tomorrow will be the last early Kindergarten & School day, so I guess I need to catch half a night of sleep now!

See ya sometime tomorrow and good night!

GMatt
*shite* LOL
It "should" be easy as it just needs the outside of the candle with a lighter border the same that you can do with normal candles.

Ciao GSnot

hehe
  • #577
  • Oct 8, 2007 5:34pm Oct 8, 2007 5:34pm
Quoting cryten
MT4 Ha candles are like fat stumpy firecrackers
VT HA candles are like dancing flames seductively swaying with the market moves.

I dunno, I just don't like them but then I tell myself you cannot get too attached to a certain platform, you should be able to trade with any platform.

:
Right. But candles are just representations of price action. It doesn't change anything to the ea's "decisions". What was it with those candles that you liked so much, did they "tell" you something, I want to understand better. I personnaly put up normal candles as these are the ones that speak to me the best, for instance.
  • #578
  • Oct 8, 2007 5:39pm Oct 8, 2007 5:39pm
Quoting Qpip
Right. But candles are just representations of price action. It doesn't change anything to the ea's "decisions". What was it with those candles that you liked so much, did they "tell" you something, I want to understand better. I personnaly put up normal candles as these are the ones that speak to me the best, for instance.
I don't mean for the EA but for my manual trading. I have adopted normal candles since swiching to MT4 as I really can't stand em. In VT you can switch quickly between the two.

Check out the pics of my Vt HA's on the first page of the Supernova thread, they are just simply superior. Sometimes I would forget they were HA candles!
  • #579
  • Oct 9, 2007 8:38am Oct 9, 2007 8:38am
New word of the day: Frühstück!!
Attached Image
  • #580
  • Oct 9, 2007 8:45am Oct 9, 2007 8:45am
The only problem the thread "made" today: I had no time at all for our tasks here. I have only been running a handful of tests and ... yeah... I am only very few steps ahead of yesterday. But on the other hand the thread really had a ball today. Amazing!!
Look at my postcount... <bzzzzzzzzzzzzzzzzz>
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