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Attachments: SRDC Episode I
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SRDC Episode I

  • #781
  • Dec 26, 2006 2:34am Dec 26, 2006 2:34am
hai everybody,

I'm just wondering what happen to my chart (the black circled area). Is this what we call slippage. Am i entering at the right position?
Attached Image
  • #782
  • Dec 26, 2006 2:38am Dec 26, 2006 2:38am
I'm using North finance just incase anyone are wondering. The reason i paste the chart is to seek whether I'm making the correct decission of entering trade and to know is this normal for a holiday trade...

thank in advance everyone..
  • #783
  • Dec 26, 2006 2:50am Dec 26, 2006 2:50am
Still missing M15 setting..oohh where are you..!!
Attached File(s)
File Type: zip GUH1.zip   12 KB | 427 downloads
  • #784
  • Dec 26, 2006 2:51am Dec 26, 2006 2:51am
For those using the EA, would like to check whether the trailing stop variable is working for you? I have tried using this trailing stop but it was never triggerred.
  • #785
  • Dec 26, 2006 3:27am Dec 26, 2006 3:27am
I need some comments on some of my results generated with the EA. I'm using the Metatrader Demo account for these testings.

I tried many different combination of SL, EOD and TP, but I just can't get the results many of you have achieved. Any advice?
Attached File(s)
File Type: zip backtesting results.zip   36 KB | 525 downloads
  • #786
  • Dec 26, 2006 3:32am Dec 26, 2006 3:32am
Quoting kglim
I need some comments on some of my results generated with the EA. I'm using the Metatrader Demo account for these testings.

I tried many different combination of SL, EOD and TP, but I just can't get the results many of you have achieved. Any advice?
Your modelling quality is too low 47-48% :| You have to use Alpari data with 90% mod. quality (max possible value in strategy tester) to have some realiable result.
  • #787
  • Dec 26, 2006 4:57am Dec 26, 2006 4:57am
Quoting spmaon
hai everybody,

I'm just wondering what happen to my chart (the black circled area). Is this what we call slippage. Am i entering at the right position?
sp I am trying to elp you but we must wait for a jedi for the answers. Your one hour looks like there was trading on Dec.25 all day.? I will wait with you for guidance. My charts just started running at about 1am US central time.
  • #788
  • Dec 26, 2006 7:37am Dec 26, 2006 7:37am
cant wait for the srdc advanced part 2
  • #789
  • Dec 26, 2006 7:40am Dec 26, 2006 7:40am
Hi Haiqu,

You sounds like an experienced MT4 coder and I am interested in what you can do. Do you mind make a version of yours EA for SRDC I new strategy part 1 (post 690 in this thread)? We may have some interesting work for you.

On a side note, I backtested Skyline's EA in the tester and checked the result trade by trade, it seems following the rules of SRDC I Advance quite well (it does place trades on 15M bars (15, 30, 45, not just on 00)). The default stoploss setting is no stoploss, but I think skyline did not mean that's the best, he said he was looking for better settings.

aha



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
Target: Trading naked.
  • #790
  • Dec 26, 2006 7:42am Dec 26, 2006 7:42am
Quoting haiqu
Hi All,

I've reworked the DailyHL.mq4 program to make the code a lot cleaner. Attached is the replacement.

Rob
Hey Haiqu, Thanks, I will study this. Since you are comfortable with programming, could you make an SRDC I EA using the new strategy part 1. Many of us would love to help in back-testing & forward-testing on demo. Thank you in advance.
  • #791
  • Dec 26, 2006 7:48am Dec 26, 2006 7:48am
Quoting aha
Hi Haiqu,

You sounds like an experienced MT4 coder and I am interested in what you can do. Do you mind make a version of yours EA for SRDC I new strategy part 1 (post 690 in this thread)? We may have some interesting work for you.

On a side note, I backtested Skyline's EA in the tester and checked the result trade by trade, it seems following the rules of SRDC I Advance quite well (it does place trades on 15M bars (15, 30, 45, not just on 00)). The default stoploss setting is no stoploss, but I think skyline did not mean that's the best, he said he was looking for better settings.

aha
Yes definitelly Aha, you get my point
My intent was to share EA firstly to show how could be strong and realiable this SRDC method from Orange, then to find togheter (if possible) the best settings for EA. Sincerily I didn't take care so much at default settings when I posted it, nor I said in anyway to use it without SL or to use it on live account with real money
  • #792
  • Dec 26, 2006 11:43am Dec 26, 2006 11:43am
I've also back tested Skyline's EA with same positive results as AHA.

Haiqu, to keep the cooperative spirit of the thread, it would be great if you could also, at anytime, share your EA in here.

Best,

Henry
  • #793
  • Dec 26, 2006 12:17pm Dec 26, 2006 12:17pm
Quoting hensch
I've also back tested Skyline's EA with same positive results as AHA.

Haiqu, to keep the cooperative spirit of the thread, it would be great if you could also, at anytime, share your EA in here.

Best,

Henry
Skyline is an excellent programmer with an understanding of the Forex market and has done some great work on EA's. With all respect the EA he released early in this thread is not very good. It may look good in backtesting, but in forward testing it can get you into a trade in both directions and stop you out in both directions as well. I forward tested it for two months and the results were poor. I think Skyline would be the first to say that he did not spend much time tweaking this EA. I think if he were to become excited about it again he could make it a great EA.

Thanks,
Bill
  • #794
  • Edited 12:20pm Dec 26, 2006 12:18pm | Edited 12:20pm
Quoting spmaon
hai everybody,

I'm just wondering what happen to my chart (the black circled area). Is this what we call slippage. Am i entering at the right position?
Hi,

The black circled area is called a gap, something that sometimes occur when the markets are closed and the opening price afterwards starts somehow far away from the last close. In this ocassion, there was something more, Interbank was closed for the Holiday, but the market was opened in Asia, so there are some bars missing in the platform from the 25th of december.

Slippage is when you make an order and the broker makes the execution at a different price than the one you expected. This happens often with many brokers when there are news releases.

Hope I made myself clear.

Bye,
Pablo
  • #795
  • Dec 26, 2006 1:20pm Dec 26, 2006 1:20pm
Quoting Traderbill07
Skyline is an excellent programmer with an understanding of the Forex market and has done some great work on EA's. With all respect the EA he released early in this thread is not very good. It may look good in backtesting, but in forward testing it can get you into a trade in both directions and stop you out in both directions as well. I forward tested it for two months and the results were poor. I think Skyline would be the first to say that he did not spend much time tweaking this EA. I think if he were to become excited about it again he could make it a great EA.

Thanks,
Bill
Thx Bill for your words
Maybe you are speaking about my very first EA developed for SRDC method, yes you're right I know that one was not so much good because it was only an experiment then I was really busy and I wasn't able to continue to develop it and for this I have to apologize with you and other guys in this forum
Anyway now I'm back and as far as my work will let me I will develop this new advanced versions that our Master Orange will share us !
(Maybe I could integrate in one EA all SRDC I methods)

Cheers,
Skyline
  • #796
  • Dec 26, 2006 3:59pm Dec 26, 2006 3:59pm
Quoting skyline
Thx Bill for your words
Maybe you are speaking about my very first EA developed for SRDC method, yes you're right I know that one was not so much good because it was only an experiment then I was really busy and I wasn't able to continue to develop it and for this I have to apologize with you and other guys in this forum
Anyway now I'm back and as far as my work will let me I will develop this new advanced versions that our Master Orange will share us !
(Maybe I could integrate in one EA all SRDC I methods)

Cheers,
Skyline
Thanks Skyline,
For the record, I never doubted you ability to write a successful EA and I was referring to the one released early in this thread for SRDC I. I know you have written an EA based on parts of 1 and 2 for OR himself and from what I have heard, it is excellent. I am glad you are back and look forward to what may be coming. I have suggested perhaps some indicators based on SRDC I and I + using the 15 min. chart for entry, may be an alternative to a full blown EA.

Thanks,
Traderbill
  • #797
  • Dec 26, 2006 5:14pm Dec 26, 2006 5:14pm
Quoting skyline
Your modelling quality is too low 47-48% :| You have to use Alpari data with 90% mod. quality (max possible value in strategy tester) to have some realiable result.
Hi, Skyline

I've been testing your EA and my results always come up with 86.77% modelling quality and no losers. Is this what you're seeing?

Thanks, Dan
  • #798
  • Dec 26, 2006 5:24pm Dec 26, 2006 5:24pm
Quoting Gids
Hi, Skyline

I've been testing your EA and my results always come up with 86.77% modelling quality and no losers. Is this what you're seeing?

Thanks, Dan
I think you still lack of data even if the value is quite near to 90%.
The Alpari data are complete and modelling quality have to be 90% for all timeframe excepted for M1 timeframe where max modelling quality could be 25%.
  • #799
  • Dec 26, 2006 5:35pm Dec 26, 2006 5:35pm
Quoting skyline
I think you still lack of data even if the value is quite near to 90%.
The Alpari data are complete and modelling quality have to be 90% for all timeframe excepted for M1 timeframe where max modelling quality could be 25%.
Thanks for the input, Skyline. And thanks again for your work in putting this together, your efforts are very much appreciated. I will go back and redownload the data and give it another try.

- Dan
  • #800
  • Dec 26, 2006 5:39pm Dec 26, 2006 5:39pm
Quoting Gids
Thanks for the input, Skyline. And thanks again for your work in putting this together, your efforts are very much appreciated. I will go back and redownload the data and give it another try.

- Dan
You're welcome Gids ! Thx to you for backtesting this little EA
And don't forget to share your settings and result !
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