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High & Low 8 Hours (GBP/JPY)

  • #961
  • Dec 3, 2007 1:49pm Dec 3, 2007 1:49pm
Quoting saaedb
Here, try this one. And let me know if you find error messages on this one. The only error message thats acceptable is "modify error 1" or something like
that. Dont sweat that msg.
- not popping the alert anymore
- smiley ok on the chart
- still miscalculating P/L in $. States 0.1 lot, but -$96.93 loss for a buy order (-100 pips)
  • #962
  • Dec 3, 2007 1:54pm Dec 3, 2007 1:54pm
Quoting cesarnc
Thanks man, just check on this, too:

I run a few tests and noticed that the report shows # of lots 0.1 but the profit/loss seems to be calculated on a lot 1 (± 0,89/pip).

For instance, it shows loss of $96.96 when a buy order is stopped out.
This is how its working, but I'm going to change it for you. To place stops, for a BUY, it places the order at the ASK price and stops are BID - SL. But I'm going to make it ASK - SL.
  • #963
  • Dec 3, 2007 2:01pm Dec 3, 2007 2:01pm
Check the image attached to see, where its putting the SL and TP.
Attached Image (click to enlarge)
Click to Enlarge Name: Orders.GIF Size: 4 KB
Attached File(s)
File Type: ex4 NicoTinaBreakOut.ex4   24 KB | 439 downloads
  • #964
  • Dec 3, 2007 2:05pm Dec 3, 2007 2:05pm
Quoting saaedb
This is how its working, but I'm going to change it for you. To place stops, for a BUY, it places the order at the ASK price and stops are BID - SL. But I'm going to make it ASK - SL.
no, saaedb,
I'm using 0.1 lots for testing but the EA calculates the profit/loss as if it was 1 mini lot.

Also I changed to 0.2 lots and it calculated as if it was 2 mini lots.
  • #965
  • Dec 3, 2007 2:06pm Dec 3, 2007 2:06pm
Quoting cesarnc
- not popping the alert anymore
- smiley ok on the chart
- still miscalculating P/L in $. States 0.1 lot, but -$96.93 loss for a buy order (-100 pips)

This is all I need, someone to test the EA and share the bugs. I think its almost bug free.

One hidden secret to the EA that I've not shared is, if you set the "CloseEndOfDayCandle" parameter to anything more then 23,which nevers happens, the EA doesn't close the open trade at the end of the day (it will only remove the pending orders). And on the next day, if the orders from the previous day are open and profitable it will set their SL to break even, remove the TP and trail it from there based on the TrailingStop value. I did this just to see if I can catch some big move. I also noted, when working with 100/100 settings. at times the 100 pip target was achieved the next day if we let the order run. Please test all these features and try to find the best settings.

Saaedb
  • #966
  • Dec 3, 2007 2:09pm Dec 3, 2007 2:09pm
Quoting cesarnc
no, saaedb,
I'm using 0.1 lots for testing but the EA calculates the profit/loss as if it was 1 mini lot.

Also I changed to 0.2 lots and it calculated as if it was 2 mini lots.
OOOPSSS... I got it... 0.1 lot is not meant to be 0.1 mini lot, but 0.1 standard lot

:
  • #967
  • Dec 3, 2007 2:11pm Dec 3, 2007 2:11pm
Quoting cesarnc
no, saaedb,
I'm using 0.1 lots for testing but the EA calculates the profit/loss as if it was 1 mini lot.

Also I changed to 0.2 lots and it calculated as if it was 2 mini lots.
Hmm.... I'm not having this issue. Check the image attached. Is something worng with that?
Attached Image (click to enlarge)
Click to Enlarge Name: results.GIF Size: 26 KB
  • #968
  • Dec 3, 2007 2:12pm Dec 3, 2007 2:12pm
Quoting cesarnc
OOOPSSS... I got it... 0.1 lot is not meant to be 0.1 mini lot, but 0.1 standard lot

:
there ya go
  • #969
  • Dec 3, 2007 2:18pm Dec 3, 2007 2:18pm
Quoting saaedb
Hmm.... I'm not having this issue. Check the image attached. Is something worng with that?
Not at all... I got it. The demo I'm using is from Alpari and it's set as standard account rather than mini account.

Whatever, I'll backtest it this way for we will have the relative results (win vs. loss) that will be reproduced when we use a mini account.

On the bugs:

No more bugs found

OK, I'll take some time to backtest the strategy using a) 100 SL / w/o re-enter; b) 50SL w/ re-enter since May 2007 montly and will post the results.
  • #970
  • Dec 3, 2007 2:27pm Dec 3, 2007 2:27pm
Quoting cesarnc
Not at all... I got it. The demo I'm using is from Alpari and it's set as standard account rather than mini account.

Whatever, I'll backtest it this way for we will have the relative results (win vs. loss) that will be reproduced when we use a mini account.

On the bugs:

No more bugs found

OK, I'll take some time to backtest the strategy using a) 100 SL / w/o re-enter; b) 50SL w/ re-enter since May 2007 montly and will post the results.
That will help, just make sure you have accurate tick data and you use the correct time settings (rangeend/rangestart)
  • #971
  • Dec 3, 2007 2:52pm Dec 3, 2007 2:52pm
Quoting saaedb
That will help, just make sure you have accurate tick data and you use the correct time settings (rangeend/rangestart)
OK. Alpari is +1 so I've changed them already

Will let it running tonight as to check if the orders are going in / out OK.
  • #972
  • Dec 3, 2007 4:20pm Dec 3, 2007 4:20pm
Got a question saaedb,

When running the backtest, what is the data feed that the EA will get?

For instance, let's say the next H1 after order in goes too +100 then down to -50. Visually you cannot tell what came first, profit or loss.

Need to know that as to be sure the EA is getting the right data to perform the calculations.

P.S. - Never to forget I'm a EA moron when it comes to those details. I'm already feeling like Eintein just because the backtest is spitting out some results rather than errors :
  • #973
  • Dec 3, 2007 4:33pm Dec 3, 2007 4:33pm
Quoting cesarnc
Got a question saaedb,

When running the backtest, what is the data feed that the EA will get?

For instance, let's say the next H1 after order in goes too +100 then down to -50. Visually you cannot tell what came first, profit or loss.

Need to know that as to be sure the EA is getting the right data to perform the calculations.

P.S. - Never to forget I'm a EA moron when it comes to those details. I'm already feeling like Eintein just because the backtest is spitting out some results rather than errors :
Here is what you want to do, open some chart and set it up the way you like to trade this strategy, then save that as a template with the name of the EA in this case "NicoTinaBreakOut" in the default location. Now open the Strategy Tester and set all the parameters you want. Check the "Use Data" check box and set the time frame you want to test. Now under that checkbox there is another checkbox "Visual mode" check that, slide the slide bar next to it all the way to the right. This will bring up a chart and show you every and every trade/trailing that the EA is doing. you can pause and start this as you wish.
Hope this helps.
  • #974
  • Dec 3, 2007 4:55pm Dec 3, 2007 4:55pm
Just to move away from the EA for a little,
anyone else seeing major consolidation since last night? big breakout coming soon?

I stopped trading this system for a little since it's based on breakouts and the ranges have been weird last couple of trading days, but now it doesn't seem to move anywhere just some small range trading...couple of days and a breakout?

Let me know what you guys think.
  • #975
  • Dec 3, 2007 7:08pm Dec 3, 2007 7:08pm
Quoting saaedb
Check the image attached to see, where its putting the SL and TP.
Saaedb,
When I attached it to the chart, now it is giving alert "GBPJPY Error:131". I do not know if anyoneelse having same problem....
  • #976
  • Dec 3, 2007 7:15pm Dec 3, 2007 7:15pm
Quoting Fx97
Saaedb,
When I attached it to the chart, now it is giving alert "GBPJPY Error:131". I do not know if anyoneelse having same problem....
Thats an invalide_trade_volume error. Check your EA settings.
What broker are you using? and is the EA std or mini?
  • #977
  • Dec 3, 2007 7:52pm Dec 3, 2007 7:52pm
Quoting jonaslt
Just to move away from the EA for a little,
anyone else seeing major consolidation since last night? big breakout coming soon?

I stopped trading this system for a little since it's based on breakouts and the ranges have been weird last couple of trading days, but now it doesn't seem to move anywhere just some small range trading...couple of days and a breakout?

Let me know what you guys think.
if u look in today's 30 minutes chart, both sell and buy stop are strong support and resistance. It's a bit risky so i just put my orders 10 pips away from today's breakout range.
  • #978
  • Dec 3, 2007 8:00pm Dec 3, 2007 8:00pm
Quoting saaedb
Thats an invalide_trade_volume error. Check your EA settings.
What broker are you using? and is the EA std or mini?
It is North Finance Demo.. I did not change default for std or mini...
  • #979
  • Dec 3, 2007 8:05pm Dec 3, 2007 8:05pm
I got
High 228.48
Low 227.54
on Oanda. I do see the possibility of a huge breakout. This pair is really spooled up right now.
  • #980
  • Dec 3, 2007 8:06pm Dec 3, 2007 8:06pm
Buy Stop 228.38
Sell Stop 227.49 (same position like yesterday, i hope today not like yesterday)

-Johan K
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