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Daily95pips

  • #621
  • Oct 17, 2007 3:07pm Oct 17, 2007 3:07pm
Thanks Carole, I played with the DayStartHour to the nearest hour so I could watch the EA work. Everything appeared onto the chart after the hour started.

FYI, I believe the answer to my #2 question, is simply enter the DayStartHour without minutes. So, 15:00 would be entered as 15

Thanks again,
Steve
  • #622
  • Oct 17, 2007 4:57pm Oct 17, 2007 4:57pm
Never mind.

Problem fixed!
  • #623
  • Oct 17, 2007 5:13pm Oct 17, 2007 5:13pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting bullrock
I thought I am going to post something useful.
I have started to write a bit of code for a serious backtest in c++.
Now the first findings. I have just tested the long side.

The original settings on 15 min data for the this year since the 10th of January resulted +619 pips. No spread and other stuff.
With 50 SL and 50/70/100 TPs and the fourth unit running till the end of the day resulted +2640 pips. No BE.

I will post more later.
Hi BR
this is slightly different to the original plan, have you looked at the original plan also or just your settings?

Also are you backtesting in Excell as normal and if so were do can start to learn this method, i can use excell fairly well and know were to download the data, jst not sure about testing it. PM me if you would so as not to clog up the thread.

regards

MPP
  • #624
  • Oct 17, 2007 5:28pm Oct 17, 2007 5:28pm
Quoting MPP
Hi BR
this is slightly different to the original plan, have you looked at the original plan also or just your settings?

Also are you backtesting in Excell as normal and if so were do can start to learn this method, i can use excell fairly well and know were to download the data, jst not sure about testing it. PM me if you would so as not to clog up the thread.

regards

MPP
Ok MPP just thought will post some findings I have made.
.
  • #625
  • Oct 17, 2007 5:46pm Oct 17, 2007 5:46pm
Thanks Makepeace for sharing the spreadsheet.

The results are somewhat reassuring however inconclusive if the stoploss is not included into the calculations.
The reality is that price often does retrace just after triggering entry, even before the first profit target is reached. So we can therefore conclude that a certain % of the trades shown on the spreadsheet would have to accommodate this scenario.
Yesterday's trades are a good example....both EJ and UJ retraced and stopped out before the 1st PT was reached...

It's great to see that you've done this analysis, and if it's possible to factor in the 30pip stop that would be even better.

rgs
mike



Quoting Makepeace
Hi,

Interesting thread..


I have posted an excel spreadsheet here
http://www.sendspace.com/file/8pk0u4
(click on the link and then right click and 'save as')

showing the entry points and 'possible' trades for the last year on the JPYUSD. I refer to them as being 'possible trades' because it does make any allowances for the volatility of the price on the day (e.g the trade may have been initiated and then the price fell 30 pips and then reversed to bring the trade into profit)

The OHLC data has been downloaded from Updata (UK) - if there are another pairs you would like me to post - please leave a message (alternatively you can put in OHLC into columns b,c,d,e
  • #626
  • Edited Oct 18, 2007 3:36am Oct 17, 2007 5:55pm | Edited Oct 18, 2007 3:36am
Daily95pips:

Date: Monday 15 October 2007
EURJPY +95
USDJPY +15
EURUSD +15

Total: +125pips

Comment: A good start to the week. These results are based on using the Expert Advisor of pr1mer in a North Finance demo account.

Date: Tuesday 16 October 2007
EURJPY +95
USDJPY +95
EURUSD +15

Total: +205pips

Comment: It just keeps getting better and better ! A bold and daring statement that doubles as an affirmation...the work in progress continues. To quote Earl Nightingale: "Success is the progressive realisation of a worthy ideal."

Date: Wednesday 17 October 2007
EURJPY -90
USDJPY -90
EURUSD +15

Total: -165pips

Comment: ".....and the forebearance to endure losses along the way."
It was one of those annoying days when price triggered entry and immediately retraced to stopout. The past 2 days are a good lesson in not being overly excited from a good day and remaining equipoised on a bad day.
  • #627
  • Oct 17, 2007 5:55pm Oct 17, 2007 5:55pm
Quoting MPP
Hi BR
this is slightly different to the original plan, have you looked at the original plan also or just your settings?

Also are you backtesting in Excell as normal and if so were do can start to learn this method, i can use excell fairly well and know were to download the data, jst not sure about testing it. PM me if you would so as not to clog up the thread.

regards

MPP
The original plan is the +619 pips.
.
  • #628
  • Oct 18, 2007 6:44am Oct 18, 2007 6:44am
Couple of others here for anyone

(Right click on the link and 'save as' )

JPYVS

http://www.sendspace.com/file/pzlft8

EURUS

http://www.sendspace.com/file/q4i056
  • #629
  • Oct 18, 2007 12:21pm Oct 18, 2007 12:21pm
I used the EA again last night and this time it placed orders on E/U. No orders for E/J or U/J. I'm using Interbank as my demo broker.

+ 15 pips.
  • #630
  • Oct 18, 2007 1:27pm Oct 18, 2007 1:27pm
Quoting Eureka
I used the EA again last night and this time it placed orders on E/U. No orders for E/J or U/J. I'm using Interbank as my demo broker.

+ 15 pips.


Why not rename every EA to different name for different pairs
  • #631
  • Oct 18, 2007 1:33pm Oct 18, 2007 1:33pm
I will try that.

Quoting tuttler
Why not rename every EA to different name for different pairs
  • #632
  • Oct 18, 2007 6:29pm Oct 18, 2007 6:29pm
Daily95pips:

Date: Monday 15 October 2007
EURJPY +95
USDJPY +15
EURUSD +15

Total: +125pips

Comment: A good start to the week. These results are based on using the Expert Advisor of pr1mer in a North Finance demo account.

Date: Tuesday 16 October 2007
EURJPY +95
USDJPY +95
EURUSD +15

Total: +205pips

Comment: It just keeps getting better and better ! A bold and daring statement that doubles as an affirmation...the work in progress continues. To quote Earl Nightingale: "Success is the progressive realisation of a worthy ideal."

Date: Wednesday 17 October 2007
EURJPY -90
USDJPY -90
EURUSD +15

Total: -165pips

Comment: ".....and the forebearance to endure losses along the way."
It was one of those annoying days when price triggered entry and immediately retraced to stopout. The past 2 days are a good lesson in not being overly excited from a good day and remaining equipoised on a bad day.

Date: Thursday 18 October 2007
EURJPY nt
USDJPY +15
EURUSD +95

Total: +110pips

Comment: EJ appears to be undergoing consolidation after recent correction. Nice upward rally on EU.
  • #633
  • Oct 19, 2007 7:19am Oct 19, 2007 7:19am
For those of you running the EA with Interbank FX, could you explain what values you set for these:

Daystarthoru
Lookbackhours
Order Expiration Hours

Im a bit confused about the difffent time zone etc and what to set in the EA.


Thanks
Liberate me ex inferis
  • #634
  • Oct 19, 2007 12:14pm Oct 19, 2007 12:14pm
Hey Mike,

Are you moving your Stop Loss orders manually everytime the first Take Profit is hit?

I use Trailing Stops, so everytime you lock in 15 pips on EURUSD, i get -15 pips for the same pair...

EUR/USD

1st lot: +15
2nd lot: -15
3rd lot: -15

Quoting mikelath
Daily95pips:

Date: Monday 15 October 2007
EURJPY +95
USDJPY +15
EURUSD +15

Total: +125pips

Comment: A good start to the week. These results are based on using the Expert Advisor of pr1mer in a North Finance demo account.

Date: Tuesday 16 October 2007
EURJPY +95
USDJPY +95
EURUSD +15

Total: +205pips

Comment: It just keeps getting better and better ! A bold and daring statement that doubles as an affirmation...the work in progress continues. To quote Earl Nightingale: "Success is the progressive realisation of a worthy ideal."

Date: Wednesday 17 October 2007
EURJPY -90
USDJPY -90
EURUSD +15

Total: -165pips

Comment: ".....and the forebearance to endure losses along the way."
It was one of those annoying days when price triggered entry and immediately retraced to stopout. The past 2 days are a good lesson in not being overly excited from a good day and remaining equipoised on a bad day.

Date: Thursday 18 October 2007
EURJPY nt
USDJPY +15
EURUSD +95

Total: +110pips

Comment: EJ appears to be undergoing consolidation after recent correction. Nice upward rally on EU.
  • #635
  • Oct 19, 2007 11:52pm Oct 19, 2007 11:52pm
Quoting BlindMist
Hey Mike,

Are you moving your Stop Loss orders manually everytime the first Take Profit is hit?

I use Trailing Stops, so everytime you lock in 15 pips on EURUSD, i get -15 pips for the same pair...

EUR/USD

1st lot: +15
2nd lot: -15
3rd lot: -15
Hi BlindMist.

I am currently taking the results of the EA being used in a North Finance and ODL demo accounts.
The EA is programmed to move the stops to breakeven after the first profit target of +15pips has been reached.
I've considered the use of trailing stops however the broker that I started testing this strategy with (Oanda) does not provide them. On the other hand, any MT4 platform should have trailing stops so it could possibly be incorporated into the EA. Maybe adding a trailing stop to the 3rd order once the 2nd PT has been reached would be feasible.

rgs
mike
  • #636
  • Oct 20, 2007 8:09am Oct 20, 2007 8:09am
Using trailing stops on MT4 (InterbankFX) you need to be 1 pip past your profit target for it to work. ie: when you hit 16 pips it will trail to 1, 17 to 2, etc. It also needs to be on each order.

Thanks for all the work on this thread!

rion
  • #637
  • Oct 20, 2007 8:48am Oct 20, 2007 8:48am
Hello, everybody, this is my first post here, and i DID read all the posts b4 writing.
I have been testing this ea Daily95pips.0.3.ex4 for the past few days and what i see is, it opens up pending orders and then if one currency is hit, then it deletes all the rest of them, something tells me that it needs to be adjusted, so in case the rest of the pairs reach there level and not just one.
Thanks
Di
  • #638
  • Oct 20, 2007 5:31pm Oct 20, 2007 5:31pm
i've read 43 pages, i like this set n forget system, thx for sharing

@primer:

i have question bout variables on the ea,
- LookBackHours and OrderExpirationHours --> why default setting is 17 & 18? CMIIW, the ea is looking for 17 hours back and 18 hours forward with 5pm EST as center..
  • #639
  • Edited 8:30pm Oct 20, 2007 8:12pm | Edited 8:30pm
Daily95pips:

Date: Monday 15 October 2007
EURJPY +95
USDJPY +15
EURUSD +15

Total: +125pips

Comment: A good start to the week. These results are based on using the Expert Advisor of pr1mer in a North Finance demo account.

Date: Tuesday 16 October 2007
EURJPY +95
USDJPY +95
EURUSD +15

Total: +205pips

Comment: It just keeps getting better and better ! A bold and daring statement that doubles as an affirmation...the work in progress continues. To quote Earl Nightingale: "Success is the progressive realisation of a worthy ideal."

Date: Wednesday 17 October 2007
EURJPY -90
USDJPY -90
EURUSD +15

Total: -165pips

Comment: ".....and the forebearance to endure losses along the way."
It was one of those annoying days when price triggered entry and immediately retraced to stopout. The past 2 days are a good lesson in not being overly excited from a good day and remaining equipoised on a bad day.

Date: Thursday 18 October 2007
EURJPY nt
USDJPY +15
EURUSD +95

Total: +110pips

Comment: EJ appears to be undergoing consolidation after recent correction. Nice upward rally on EU.

Date: Friday 19 October 2007
EURJPY +15
USDJPY -90
EURUSD -90

Total: -165pips

Comment: It happens.

Total for week ending Friday 19 October 2007: +110pips


Weekly Results:

Total for week ending Friday 19 October 2007: +110pips
Total for week ending Friday 12 October 2007: +130pips
Total for week ending Friday 5 October 2007: +288pips
Total for week ending Friday 28 September 2007: +280pips
Total for week ending Friday 21 September 2007: +1050pips
Total for week ending Friday 14 September 2007: -651pips
Total for week ending Friday 7 September 2007: +164pips
Total for week ending Friday 31 August 2007: +585pips

Grand Total: +1941pips


Individual Pair Results:

Daily95pips individual pair results for week ending Friday 19 October 2007:

EURJPY +115
USDJPY -55
EURUSD +50

Total: +110pips

For the past 8 weeks:

EURJPY +1165
USDJPY +306
EURUSD +465

Total: +1936pips

Comment: The adjusting of stops to BE after the first profit target has been reached may be restricting potential profits by not allowing price enough room to move. Even though +110pips for the week is still good, relative to other weeks it could certainly be better. I'll wait another week or two before reassessing.
  • #640
  • Oct 20, 2007 8:52pm Oct 20, 2007 8:52pm
Quoting mikelath
For the past 8 weeks:

EURJPY +1165

Very nice job!
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