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Joined Nov 2007
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Status: Commercial Member
|694 Posts
Here are the modified EAs which will place the orders in reverse.
I noticed while modifying the code that the "void start()" seems to differ a bit from one to the next. I am sure they are all different due to the different brokers but the NF version seems to be very extreme from the others. No cause for alarm, I would just like PipHunter196 to maybe confirm the changes that were made in that area.
The reverse EAs are the same as the Fall EAs except the place sell limit orders at the high for the day and buy limit orders at the low for the day. They reverse which orders are placed at the high and low. Everything else is the same. The idea is that some currencies may go to a low or high and bounce back to the middle rather than breaking out of the high/low. I will begin testing this for the 3 time frames next week listed below:
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Joined Nov 2007
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Status: Commercial Member
|694 Posts
Here are the results for the 08-17 time frame.
If the AUD/CAD had triggered the buy limits like it should have then the results would have been another +95 pips instead of -90 on the SL for the sells. I am still not sure why it missed that.
Here are the modified EAs which will place the orders in reverse.
I noticed while modifying the code that the "void start()" seems to differ a bit from one to the next. I am sure they are all different due to the different brokers but the NF version seems to be very extreme from the others. No cause for alarm, I would just like PipHunter196 to maybe confirm the changes that were made in that area.
Ignored
What is the reverse EA? Are you no longer using the Fall EA? Thanks.
What is the reverse EA? Are you no longer using the Fall EA? Thanks.
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Sorry, I should have explained...
The reverse EAs are the same as the Fall EAs except the place sell limit orders at the high for the day and buy limit orders at the low for the day. They reverse which orders are placed at the high and low. Everything else is the same. The idea is that some currencies may go to a low or high and bounce back to the middle rather than breaking out of the high/low. I will begin testing this for the 3 time frames next week listed below:
Here are the modified EAs which will place the orders in reverse.
I noticed while modifying the code that the "void start()" seems to differ a bit from one to the next. I am sure they are all different due to the different brokers but the NF version seems to be very extreme from the others. No cause for alarm, I would just like PipHunter196 to maybe confirm the changes that were made in that area.
The reverse EAs are the same as the Fall EAs except the place sell limit orders at the high for the day and buy limit orders at the low for the day. They reverse which orders are placed at the high and low. Everything else is the same. The idea is that some currencies may go to a low or high and bounce back to the middle rather than breaking out of the high/low. I will begin testing this for the 3 time frames next week listed below:
08-17 (start hour-look back hours)
13-17
22-17
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Mtaboneweb,
Are these versions the same as the bug free versions for IBFX in post #1158?
Mtaboneweb,
Are these versions the same as the bug free versions for IBFX in post #1158?
Thanks
Tim
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The IBFX version is the same except for an updated comment that is added to the orders. The comment shown in the attached picture is a mod that I made to the original EA. The example means:
11/30 - 0(950017)
Date the order was placed. Start hour This is the magic number (95 for Daily 95, 00 for start hour, 17 for look back hours)
I did this to help me sort things out once I save the detailed reports but you have to display the comments in the history tab to see them in the detailed report. If an order is placed on 11/29 then it may not be triggered until 11/30 and the time would also change to when the order actually triggered. It's just my way of preserving the initial information of the order. I also change the magic number for each account (not currency) based on the start hour and look back hours. My magic numbers are 950017, 951317, and 952217 to match my settings on each demo account.
The reverse comment would come out looking like this: 11/30 - 0 R (950017)
This will help me distinguish the trades further if I ever run a reverse and regular EA on the same account.
The EAs are compiled with their original magic numbers so you will need to change them manually if you would like it to be different. It's one of the settings in the EA properties window. For my demos I loaded my first chart and set everything the way I wanted it (i.e. magic number, fixed lot size, start and look back hours). I then saved it as a template and applied that template to each chart I opened from that point forward for that account. Just a time saving tip.
The magic number needs to be unique for each currency in a single account. That means if you have 2 EUR/USD charts and the same EA attached then each should have a unique magic number like 952217 and 951317 if I were running both time frames on the EUR/USD with 2 charts on the same account. I can have the same magic number if the currencies are different like if I was using the EUR/USD and some other pair(s) on the same account.
When the EA checks to see what it should do it loops through all the orders on your account and looks for those that match the symbol (i.e. EUR/USD) and the magic number. I am over explaining for the benefit of anyone who has questions about what the magic number is used for and why it's important to an EA. If anyone has questions or feels that I have confused the issue by over explaining please let me know.
Anyways, long story short, I forgot to add the "R" in the comment when I compiled it for the original post. If you have to have the "R" then you will want the version from the most recent post.
I have been reading this thread for a few months now and demo trading it myself, i would like to thank Mike and everyone who has helped... Mike its great to see other aussies having a go at this stuff too!! (even if you are a banana bender hehe)
My broker has a differnt platform to mt4, so i got a NF demo and now have mt4, so i think im going ok, i have the happy face in the top right hand corner of the chat.
Just two questions if i may.
Do i now need to leave the chart open and running at the turn of the day so the EA will activte?
In the EA properties the first 2 things it lists are fixed lots and risk, maybe im being a bit of a himbo but do i use both of these settings or just one?
It really is a shame my other brokers platform wont use EA'S but thats life!
Hi Bob would like to use the system but didnt understand what is meant by the EAs . Am using NF and hope the system rules on page 1 has not change, if anything changed pls would you be kind enough to give me the details. Am sorry if it sounds disturbing but am just a newbie who needs help on the trading strategy and like to gain experience cos i know you have been using it on demo.pls waiting for reply
Hi Bob would like to use the system but didnt understand what is meant by the EAs . Am using NF and hope the system rules on page 1 has not change, if anything changed pls would you be kind enough to give me the details. Am sorry if it sounds disturbing but am just a newbie who needs help on the trading strategy and like to gain experience cos i know you have been using it on demo.pls waiting for reply
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Hi Rasaqdayo
Mike has been good enough to keep the rules in post 1 up to date, so if you just follow the rules in post 1 you will be as up to date as the rest of us
An EA is an expert adviser and really all it does is set the trades for you automatically staying true to the set and forget idea (but to use the ones on this thread you need meta trader 4)
Best of luck my friend and if i can be of help please dont hesitate to ask!
Hi Bob would like to use the system but didnt understand what is meant by the EAs . Am using NF and hope the system rules on page 1 has not change, if anything changed pls would you be kind enough to give me the details. Am sorry if it sounds disturbing but am just a newbie who needs help on the trading strategy and like to gain experience cos i know you have been using it on demo.pls waiting for reply
Ignored
If you need help with setting up the EA, I have a word document (attached) with step-by-step instructions. (Revisions will be added as time permits).
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Joined Nov 2007
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Status: Commercial Member
|694 Posts
11/25/2007 - 11/29/2007 Total Completed Results
As we look at the ongoing and daily results we need to remember that each time frame should come close to matching each other. You can see the 08-17 time frame differs a lot between brokers (IBFX -2485 / NF -1920). Look at the AUD/USD as an example (IBFX -85 / NF +155). That's a big difference but in the 13-17 time frame the EUR/CHF did better on IBFX.
This week is difficult to make any quick judgments. Normally the 3 pairs do well but not this week so far. The GBP/CHF has done well this week but may not on a week when the other 3 pairs are doing better. Also, the EUR/CHF has done very good in the 13-17 time frame although better on the IBFX demo.
I can't really say why the demos are so different. I'm not sure if it could be lag due to running so many pairs on so many demos all at once on my computer or something else. Highs and lows will vary from one broker to another and that could be part of it. The extra lag that I've noticed with the NF demos may actually play a part in those demos doing slightly better and yet I feel that lag is not a good thing in trading. Where it might have played a beneficial part this week may not be the case next week. The IBFX 22-17 was the only one that had higher numbers overall.
We should really start to pick these charts apart and see what sense we can make of it. As the weeks pass the picture will hopefully become clearer. I do feel a single week is too short a time to make any decisions.
As for next week I am unsure what to do. Do I stop the NF demos and run the reverse demos on the 3 time frames on IBFX demos? Do I continue as is to get a clearer picture not only between time frames but brokers as well? Could there be a problem running so much at once on a single computer?
I do believe we should start testing the reverse because all of the negatives above could have been potential positives and that is encouraging. I wonder how the reverse will do on a week that supports break outs on the original 3 pairs. Are certain pairs more likely to break out rather than rebound?
To Pr1mer or anyone else who can help.
My broker is ODL and I have the EA version for ODL (fall & 0.4).
I am trying to optimize the system.
By that I mean that I want to determine the high and the low of each day between 4AM to 8AM GMT and not from 23:00 or 00:00 backwards 17 hours).
My questions are: 1. Which version should I use? (fall or 0.4?) 2. what are the parameters I need to change in this EA?
