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Daily95pips

  • #1,461
  • Edited 4:07pm Jan 6, 2008 2:53pm | Edited 4:07pm
Here are the new Experts that I have been working on for the past month for PipNick. I have been monitoring the thread and I have taken care of all the problems with the previous EA versions that have been discussed.

These EAs are set up to trade the rules that have been discussed and that are in place currently for PipNick. You cannot change any of the inputs at the present time with the exception of the risk % and fixed lots. I have set them for you so that there is no confusion among everyone as to what the settings should be. Just attach them to your charts for the brokers indicated and let them do the work.

If you wish to continue testing with different settings you will need to use one of the older versions at the present time. I currently do not have the time to write a new instruction manual on the settings of the new EAs.

I have rewritten all the code from the previous versions, so these EA versions are a lot more complicated. Take a look in the experts tab of the terminal window and the EAs give you a lot of information as to what is going on.

Have a PipFull Day
Attached File(s)
File Type: ex4 PipNick Standard (Alpari Fall Version 5.2).ex4   21 KB | 716 downloads
File Type: ex4 PipNick Standard (FXDD Fall Version 5.2).ex4   21 KB | 722 downloads
File Type: ex4 PipNick Standard (IBFX Fall Version 5.2).ex4   21 KB | 772 downloads
File Type: ex4 PipNick Standard (North Finance Fall Version 5.2).ex4   21 KB | 616 downloads
File Type: ex4 PipNick Standard (ODL Fall Version 5.2).ex4   21 KB | 638 downloads
File Type: ex4 PipNick Standard (RCG Fall Version 5.2).ex4   21 KB | 521 downloads
  • #1,462
  • Jan 6, 2008 2:53pm Jan 6, 2008 2:53pm
Quoting PipHunter196
Here are the new Experts that I have been working on for the past month for D95P & PipNick. I have been monitoring the thread and I have taken care of all the problems with the previous EA versions that have been discussed.

These EAs are set up to trade the rules that have been discussed and that are in place currently for D95P & PipNick. You cannot change any of the inputs at the present time with the exception of the risk % and fixed lots. I have set them for you so that there is no confusion among everyone as to what the settings should be. Just attach them to your charts for the brokers indicated and let them do the work.

If you wish to continue testing with different settings you will need to use one of the older versions at the present time. I currently do not have the time to write a new instruction manual on the settings of the new EAs.

I have rewritten all the code from the previous versions, so these EA versions are a lot more complicated. Take a look in the journal sections and the EAs give you a lot of information as to what is going on.

Have a PipFull Day
Hi Piphunter196

I am using GFT as my broker and it is possible to code strategies (EA's) using 'Common Technical Analysis Language'. Is this the same langauage as the EA's you have attahced. If not do you know if they could easily be converted?

If not, I think may well have to open an additional account so I can use the EA.

Thanks
  • #1,463
  • Jan 6, 2008 3:31pm Jan 6, 2008 3:31pm
Hi tdion,
i have not removed the spread.
I know the spread of gbp/jpy is large but with this performance it is not so bad.

Hi PipNick,
yes, the short order is canceled when long is executed and vice versa.


Naranjoe
  • #1,464
  • Jan 6, 2008 3:33pm Jan 6, 2008 3:33pm
Quoting PipNick
Hi Piphunter196

I am using GFT as my broker and it is possible to code strategies (EA's) using 'Common Technical Analysis Language'. Is this the same langauage as the EA's you have attached. If not do you know if they could easily be converted?

If not, I think may well have to open an additional account so I can use the EA.

Thanks
PipNick,

1st of all let me say thanks for all the hard work. I find the settings that you have come up with to be very interesting.

I have been in contact with GFT about this very subject. They say that the logic of this EA can be programmed in their terminal language, but I have not had the time to follow up with them on it.

Hope this helps
  • #1,465
  • Jan 6, 2008 4:16pm Jan 6, 2008 4:16pm
Thanks PipHunter196!!!

Quoting PipHunter196
Here are the new Experts that I have been working on for the past month for PipNick. I have been monitoring the thread and I have taken care of all the problems with the previous EA versions that have been discussed.

These EAs are set up to trade the rules that have been discussed and that are in place currently for PipNick. You cannot change any of the inputs at the present time with the exception of the risk % and fixed lots. I have set them for you so that there is no confusion among everyone as to what the settings should be. Just attach them to your charts for the brokers indicated and let them do the work.

If you wish to continue testing with different settings you will need to use one of the older versions at the present time. I currently do not have the time to write a new instruction manual on the settings of the new EAs.

I have rewritten all the code from the previous versions, so these EA versions are a lot more complicated. Take a look in the experts tab of the terminal window and the EAs give you a lot of information as to what is going on.

Have a PipFull Day
  • #1,466
  • Jan 6, 2008 4:23pm Jan 6, 2008 4:23pm
Hi PipHunter,

Thank You for all of your work. I have one question for you. I use IkonToyal. It has the same server time as FXDD (GMT +2 ) would it be ok to use the fxdd ea version on ikon royal? Just a note to everyone. I have tested EA's on both demo accounts and live accounts with the following brokers. Ikon Royal, Alpari, ODL, FXDD, and Interbank. The only one of those where the demo account matched the live account is on Ikon Royal. It matched it perfectly. As well as Ikon Royal has the best performace of any of the brokers. FXDD was very close. Just a little off. I do not know why there is such a big difference between the brokers but there are.

Quoting PipHunter196
Here are the new Experts that I have been working on for the past month for D95P. I have been monitoring the thread and I have taken care of all the problems with the previous EA versions that have been discussed.

These EAs are set up to trade the rules that have been discussed and that are in place currently for D95P. You cannot change any of the inputs at the present time with the exception of the risk % and fixed lots. I have set them for you so that there is no confusion among everyone as to what the settings should be. Just attach them to your charts for the brokers indicated and let them do the work.

If you wish to continue testing with different settings you will need to use one of the older versions at the present time. I currently do not have the time to write a new instruction manual on the settings of the new EAs.

I have rewritten all the code from the previous versions, so these EA versions are a lot more complicated. Take a look in the experts tab in the terminal window and the EAs give you a lot of information as to what is going on.

Look at my following post to find the versions for PipNick.

Have a PipFull Day
  • #1,467
  • Jan 7, 2008 1:02am Jan 7, 2008 1:02am
Hi Guys and Girls

I am also with GFT and would really love it if a EA could be worked out for dealbook, I really know nothing about how to code so im not much help in that way but if someone could help out I would be very gratefull. Thank to all who keep on doing wonderful work in this thread.
  • #1,468
  • Jan 7, 2008 7:15am Jan 7, 2008 7:15am
Thanks PipHunter.

Quoting PipHunter196
Here are the new Experts that I have been working on for the past month for PipNick. I have been monitoring the thread and I have taken care of all the problems with the previous EA versions that have been discussed.

These EAs are set up to trade the rules that have been discussed and that are in place currently for PipNick. You cannot change any of the inputs at the present time with the exception of the risk % and fixed lots. I have set them for you so that there is no confusion among everyone as to what the settings should be. Just attach them to your charts for the brokers indicated and let them do the work.

If you wish to continue testing with different settings you will need to use one of the older versions at the present time. I currently do not have the time to write a new instruction manual on the settings of the new EAs.

I have rewritten all the code from the previous versions, so these EA versions are a lot more complicated. Take a look in the experts tab of the terminal window and the EAs give you a lot of information as to what is going on.

Have a PipFull Day
  • #1,469
  • Jan 7, 2008 8:36am Jan 7, 2008 8:36am
I appreciate for your elaborated hard work!

I will never forget your efforts in my mind
  • #1,470
  • Jan 7, 2008 5:15pm Jan 7, 2008 5:15pm
I back tested the strategy with the original settings of the latest EAs and I get bad results for the two currency pairs I tested (USDJPY and EURUSD). Am I missing something?
  • #1,471
  • Jan 7, 2008 7:49pm Jan 7, 2008 7:49pm
I wonder if anyone back tested this system for the time before July 2007?

As my test result, it works good only for recent several months.

Did something change the market at that time?
  • #1,472
  • Jan 7, 2008 11:07pm Jan 7, 2008 11:07pm
One can get a pretty good idea of how the system does if one runs the MT4 back tester... You can back test the system from before 2000 till now on any pair and get quite accurate results...

Results are not good at all. Equity goes to zero.
  • #1,473
  • Jan 8, 2008 2:12am Jan 8, 2008 2:12am
Today (Tuesday), Pipnick Ea opened a future buy stop position for the GBP-JPY at 216.99.
I dont see any reason for this price.
The highest price for this pair for the last 24 hours was 216.45. If I add the spread, it should not be higher than 216.5.

Any comment?
  • #1,474
  • Jan 8, 2008 2:49am Jan 8, 2008 2:49am
Quoting PipHunter196
Here are the new Experts that I have been working on for the past month for PipNick. I have been monitoring the thread and I have taken care of all the problems with the previous EA versions that have been discussed.

These EAs are set up to trade the rules that have been discussed and that are in place currently for PipNick. You cannot change any of the inputs at the present time with the exception of the risk % and fixed lots. I have set them for you so that there is no confusion among everyone as to what the settings should be. Just attach them to your charts for the brokers indicated and let them do the work.
PipHunter196,

Thanks for all the hard work on the EA. I currently am testing the system using a $50,000 demo account. I have not changed any of your pre-set settings. On the first EJ trade entered via the EA, it showed I was trading 1.8 standard lots. Is that correct for a 50K demo? If I want to trade more conservatively, do I just adjust the risk factor?

Thanks for your help.
Greetings from Guanajuato, Mexico
  • #1,475
  • Edited 6:37am Jan 8, 2008 4:55am | Edited 6:37am
Quoting azjeff
Hi PipHunter,

Thank You for all of your work. I have one question for you. I use IkonToyal. It has the same server time as FXDD (GMT +2 ) would it be ok to use the fxdd ea version on ikon royal? Just a note to everyone. I have tested EA's on both demo accounts and live accounts with the following brokers. Ikon Royal, Alpari, ODL, FXDD, and Interbank. The only one of those where the demo account matched the live account is on Ikon Royal. It matched it perfectly. As well as Ikon Royal has the best performance of any of the brokers. FXDD was very close. Just a little off. I do not know why there is such a big difference between the brokers but there are.
azjeff,

You can use the EA for Ikon Royal if it is on the same time as FXDD. The only problem may be the trades that are initiated on Sunday/Monday. This depends on when the first bar is formed for the trading day. If they open for trading at the same time FXDD does there will be no problem.

Quoting jeta
I back tested the strategy with the original settings of the latest EAs and I get bad results for the two currency pairs I tested (USDJPY and EURUSD). Am I missing something?
Quoting lukegan
I wonder if anyone back tested this system for the time before July 2007?

As my test result, it works good only for recent several months.

Did something change the market at that time?
jeta & lukegan,

You can back test strategies all day long, but you will not get accurate stats from the MT4 back-tester. It does not back-test from tick data and that is the only way to get accurate results.

Quoting smilee89
Today (Tuesday), Pipnick Ea opened a future buy stop position for the GBP-JPY at 216.99.
I dont see any reason for this price.
The highest price for this pair for the last 24 hours was 216.45. If I add the spread, it should not be higher than 216.5.

Any comment?
smilee89,

I do not follow the GBP-JPY pair so I am not sure what the High for the 24 hour period was. I can take a look into it if you let me know what broker you are using. The most the EA should move the price from the high or low is 5 pips and that is only if the current price at the time the orders are placed is the same or greater than the high or low for the period.

Quoting yen44x
PipHunter196,

Thanks for all the hard work on the EA. I currently am testing the system using a $50,000 demo account. I have not changed any of your pre-set settings. On the first EJ trade entered via the EA, it showed I was trading 1.8 standard lots. Is that correct for a 50K demo? If I want to trade more conservatively, do I just adjust the risk factor?

Thanks for your help.
yen44x,

This would be the correct lot amount for risking 2%, which is the default setting on the EA. If you want to change it you can in the inputs section. You can either change the risk percent or set it to a fixed lot size.

Have A PipFull Day
  • #1,476
  • Jan 8, 2008 6:22am Jan 8, 2008 6:22am
jeta & lukegan,

You can back test strategies all day long, but you will not get accurate stats from the MT4 backtester. It does not backtest from tick data and that is the only way to get accurate results.


Amen

Backtesting in an MT4 environment is the forex equivalent of fool's gold - it looks pretty but has no real value. If you do not have tick for tick data, it will NEVER be accurate.

Even demo accounts can give you varying results. Unless someone has a better idea, the only real way I know to test is to set up LIVE accounts, using the smallest lots possible, and monitor the results that way...
  • #1,477
  • Jan 8, 2008 6:29am Jan 8, 2008 6:29am
Quoting PipHunter196
yen44x,

This would be the correct lot amount for risking 2%, which is the default setting on the EA. If you want to change it you can in the inputs section. You can eather change the risk percent or set it to a fixed lot size.

Have A PipFull Day
PipHunter196,

Thanks so much for your help. I apologize for my ignorance about EA's. This is the first one I have worked with. One follow-up question and I should be off and running: If I set a fixed lot size, does that override the risk percent or do I need to change the risk percent setting to 0?

Thanks again.
Greetings from Guanajuato, Mexico
  • #1,478
  • Jan 8, 2008 6:36am Jan 8, 2008 6:36am
Quoting yen44x
PipHunter196,

Thanks so much for your help. I apologize for my ignorance about EA's. This is the first one I have worked with. One follow-up question and I should be off and running: If I set a fixed lot size, does that override the risk percent or do I need to change the risk percent setting to 0?

Thanks again.
yen44x,

Yes it will overide the risk % if you use a fixed lot amount greater than 0.

Have A PipFull Day
  • #1,479
  • Jan 8, 2008 6:51am Jan 8, 2008 6:51am
Hi PipHunter196,

Your ea expired.
Attached Image
  • #1,480
  • Edited 7:22am Jan 8, 2008 7:10am | Edited 7:22am
Quoting cashfinder
Hi PipHunter196,

Your ea expired.
cashfinder,

I do not know why the alert went off for you. It is not set to do that until the end of January. I put this function in to keep old versions of the EA from being used. Try reloading it and let me know what happens. As I stated before, this should not happen until after 2/2/08. This is when I plan to come out with the next version update!

Sorry for the trouble.
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