SRDC Episode I | Page 38 | Forex Factory

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Attachments: SRDC Episode I
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SRDC Episode I

  • #741
  • Dec 22, 2006 3:09am Dec 22, 2006 3:09am
Quoting Westie
hi granpa,

So basically this EA so far is testing 100% with no losses,

im just wondering if it's worth putting any stop loss just incase,

or do you guys think it's not necesary,

skyline what are your thoughts on the stop loss.
This Ea is looking very exciting, im going to run it on ibfx live with 1 cent per pip, see how it goes.
From my backtest even if EA is gain steadly and seems profitable without using stoploss, in the long run it leads to equity and margin call problem due to growing float loss. At some point the EA collapse and account is burned in a second ! So my advise is to find the best setting with the SL

  • #742
  • Dec 22, 2006 3:50am Dec 22, 2006 3:50am
Quoting skyline
From my backtest even if EA is gain steadly and seems profitable without using stoploss, in the long run it leads to equity and margin call problem due to growing float loss. At some point the EA collapse and account is burned in a second ! So my advise is to find the best setting with the SL

Hi all who have worked on this new SRDC I Advanced EA !! You guys really make FF the place to be ! Rock On !! And cheers <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:City><st1lace>Orange</st1lace></st1:City> for your ideas.

I am seeing that it should open the trade above /below the previous day high/low, after the candle closes.

From my charts it opens the trade different than this.

Anyone else seeing what I am talking about ?

GGR
  • #743
  • Dec 22, 2006 4:28am Dec 22, 2006 4:28am
Quoting GGR
Hi all who have worked on this new SRDC I Advanced EA !! You guys really make FF the place to be ! Rock On !! And cheers <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:City><st1lace>Orange</st1lace></st1:City> for your ideas.

I am seeing that it should open the trade above /below the previous day high/low, after the candle closes.

From my charts it opens the trade different than this.

Anyone else seeing what I am talking about ?

GGR
Thx GGR!
Pls post your chart (white background pls ) so that we can see what's wrong in your trade
  • #744
  • Dec 22, 2006 5:02am Dec 22, 2006 5:02am
Quoting bapho
Hi exastris

Thank for answering my question

pls look at the chart below, so i should short on bar number 3 ?
http://img110.imageshack.us/my.php?image=srdc1nn4.jpg
Hi,

If the top red line is S&R then yes, short on candle number 3. But don't forget why you are using the advanced technique. Please ensure that you understand post #690 in this thread before you consider trading real money http://www.forexfactory.com/forexfor...&postcount=690.
In fact, I would recommend that you try a demo account until you are happy with your understanding of this technique.

Regards,
  • #745
  • Dec 22, 2006 6:29am Dec 22, 2006 6:29am
how to create attachment here?
  • #746
  • Dec 22, 2006 4:33pm Dec 22, 2006 4:33pm
Quoting granpa
how to create attachment here?
When entering reply look below text input.

----------------------------------------

<LEGEND>Attach Files</LEGEND>
Valid file extensions: bmp doc eld gif jpe jpeg jpg mpeg mq4 pdf png psd txt vtscr vttrs xml zip


<SCRIPT type=text/javascript><!--document.write('<input type="button" class="button" tabindex="1" style="font-weight:normal" value="Attach Files to Your Post" title="Click here to add or edit files attached to this message" onclick="manageattachments(\'newattachment.php?t=9471&poststarttime=1166826744&posthash=682b1fbfdd650c9a68b4f327a72f60e9\', 480, 480, \'166299\')" />');//--></SCRIPT><INPUT class=button title="Click here to add or edit files attached to this message" style="FONT-WEIGHT: normal" onclick="manageattachments('newattachment.php?t=9471&poststarttime=1166826744&posthash=682b1fbfdd650c9a68b4f327a72f60e9', 480, 480, '166299')" tabIndex=1 type=button value="Attach Files to Your Post">
  • #747
  • Dec 22, 2006 6:25pm Dec 22, 2006 6:25pm
Quoting skyline
Thx GGR!
Pls post your chart (white background pls ) so that we can see what's wrong in your trade
Just a question Skyline - is the srdc s/r high low set at hour 23 or 0 ?

That might have been the problem with my observation !

I think the main issue is holding onto a trade that goes a long way against the desired direction to wait for 5 pips. And finding a happy place for the stop to be very important.

Skyline thankyou for your continued smart work with the ea's !

Cheers,
GGR
  • #748
  • Dec 23, 2006 7:03am Dec 23, 2006 7:03am
This is the statement for my backtest in H1...sorry to say that it fail me for others TF..

I'm newbie and if i'm doing wrong, please guide me...thanks
Attached File(s)
File Type: zip SRDC Advanced v1.1 TEST.zip   163 KB | 729 downloads
  • #749
  • Dec 23, 2006 2:26pm Dec 23, 2006 2:26pm
Quoting GGR
Just a question Skyline - is the srdc s/r high low set at hour 23 or 0 ?

That might have been the problem with my observation !

I think the main issue is holding onto a trade that goes a long way against the desired direction to wait for 5 pips. And finding a happy place for the stop to be very important.

Skyline thankyou for your continued smart work with the ea's !

Cheers,
GGR
The EA checks the yesterday high & low looking at D1 timeframe
  • #750
  • Dec 23, 2006 2:37pm Dec 23, 2006 2:37pm
Happy Holidays to Everyone



I just made a total elf of myself today.... Check it out!

http://www.elfyourself.com/?userid=9...143c9G06122006
  • #751
  • Dec 23, 2006 3:55pm Dec 23, 2006 3:55pm
Hi Team,

I have a hard time convincing Yoda to do the Elf dance as well. He nearly zap me. He said,"Dance, I will not....", I replied, "Not even for Spock's Sister?.....
Yea... I got him there..... I secretly record him dancing...

http://www.elfyourself.com/?userid=2c7336443a2137d67a0f92bG06122312

Have a Happy Holiday to Everyone... 2007, here we come!!
Change Your Thinking. Change Your Life - JD
  • #752
  • Dec 23, 2006 4:17pm Dec 23, 2006 4:17pm
Granpa,Great Test result, now try it on 15mins with the 90% modeling quality. Hope that is as successful, we can't ask for any more than 100% wins.
  • #753
  • Dec 23, 2006 9:31pm Dec 23, 2006 9:31pm
Quoting OrangeRoshan
...I got him there..... I secretly record him dancing...
LOL. You guys have waaaaaay to much time on your hands when the market is closed.
; ) Thom
  • #754
  • Dec 23, 2006 11:49pm Dec 23, 2006 11:49pm
Quoting granpa
This is the statement for my backtest in H1...sorry to say that it fail me for others TF..

I'm newbie and if i'm doing wrong, please guide me...thanks
The obvious error is that you're using NO STOPS. One bad trade could wipe out your account totally. On the data I'm using (which seems to be different to yours) you would have been flattened on 3 August 12:00 , 10 August 18:00 , 17 August 16:00 , 1 September 16:00 and so on.

In fact the EA is faulty, since it's only trading on the hour. It's supposed to trade at the close of the second 15 minute candle outside yesterday's hi/lo range.

Lesson: Beware of amateur programmers.

Rob
  • #755
  • Dec 24, 2006 12:20am Dec 24, 2006 12:20am
Quoting accrete
LOL. You guys have waaaaaay to much time on your hands when the market is closed.
; ) Thom
LOL.... Look whos talking Thom..... hahahahaa....
Wat News?
Change Your Thinking. Change Your Life - JD
  • #756
  • Dec 24, 2006 2:50am Dec 24, 2006 2:50am
Quoting haiqu
The obvious error is that you're using NO STOPS. One bad trade could wipe out your account totally. On the data I'm using (which seems to be different to yours) you would have been flattened on 3 August 12:00 , 10 August 18:00 , 17 August 16:00 , 1 September 16:00 and so on.

In fact the EA is faulty, since it's only trading on the hour. It's supposed to trade at the close of the second 15 minute candle outside yesterday's hi/lo range.

Lesson: Beware of amateur programmers.

Rob
LOL.... I know Skyline more than anyone here. Hes capable of designing worldclass commercial EA. Give him some credit for doing a free EA for everyone. The version he did was not meant to work with a live account but merely a confirmation how powerful SRDC method is.

I think this version automatically calculates the advanced strategy despite anytime frame use.

Stay Positive, as SRDC has many secrets right under everybody's nose. It defies normal trading rules and perceptions.
Change Your Thinking. Change Your Life - JD
  • #757
  • Dec 24, 2006 3:41am Dec 24, 2006 3:41am
Quoting haiqu
The obvious error is that you're using NO STOPS. One bad trade could wipe out your account totally. On the data I'm using (which seems to be different to yours) you would have been flattened on 3 August 12:00 , 10 August 18:00 , 17 August 16:00 , 1 September 16:00 and so on.

In fact the EA is faulty, since it's only trading on the hour. It's supposed to trade at the close of the second 15 minute candle outside yesterday's hi/lo range.

Lesson: Beware of amateur programmers.

Rob
Thanks Haiqu...now i'm still looking the best setting with SL...and at 15M...
  • #758
  • Dec 24, 2006 3:42am Dec 24, 2006 3:42am
Hi,

Being a newbie, this is my first christmas time of trading. How exactly does the market move right now? Does it good enough to trade? Or everybody just back off enjoying their holidays. BTW I'm not celebrating Christmas Day so I'm just a bit bore waiting the market to reopen. As Master OR has been said I just can't wait Monday to come. Eventhough trading on monday does not really give me any profit.
  • #759
  • Dec 24, 2006 4:39am Dec 24, 2006 4:39am
Im using NorthFinance. Can anyone tell me the timezone for the charts ? (which GMT)
  • #760
  • Dec 24, 2006 4:48am Dec 24, 2006 4:48am
Quoting luqmanz
Im using NorthFinance. Can anyone tell me the timezone for the charts ? (which GMT)
When im not mistaken the Berlize company is +2 GMT.
Change Your Thinking. Change Your Life - JD
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