Daily95pips

Hi,
More results: Date 07-Jan-2008

AUDUSD -75
EURCHF +15
EURJPY +15
GBPJPY +45
GBPUSD -35 (UpdateToBE was at 30 not 15 pips ouch!)
USDJPY +96
EURGBP +63 (manually closed)

Total: +124 pips

Not bad...
I guess that the combinations with EUR and JPY are working just fine with this method.

Thanks Mike!!

Regards

Christancho

For scalping EAs, I quite agree. For EAs that have a TP>30 and a SL>30, M1 data is pretty accurate (for EURUSD)

Then again, a 30 pip SL and 30 pip TP is a scalp for GBPJPY, so adjust accordingly.

I wonder.... if I missed in previous recent posts, please accept appologies.

Some of us, namely myself, don't use the EA, we trade this manually.
Is it possible, to list both the current parameters as well as the pairs still under consideration. , I for one, am totally confused at this point. I'm certain that I could gather the information by reading the thread. But it's easier this way, just to list the information. It's a good way to take a moment & get everyone thinking in the same direction, too. The thread is getting really large(this is good!), and a good portion devoted to developing & refining the EA. And several adjustments in parameters as well as pairs especially of late.
And the method's parameters aren't that complicated.

Thanks in advance for this. I know that I ask on behalf of others. besides myself.

Downloaded EA today so this was my first experience with it. It opened only buy stops taht were no where near where they should have been.

Example
EURUSD Buy @ 1.4719
USDJPY Buy @ 109.01
GBPJPY Buy @ 214.96
EURJPY Buy @ 160.27

Did I miss something???
Thanks
Mombone

PipHunter196,

Thank you for your continued patience. I tried changing the settings under Inputs, but when I check it later, the settings have defaulted back to the original.

Since I don't know much about EA's, let me make sure I am doing it right. I went into Inputs, revised the settings, hit "OK", and then shut down MetaTrader and restarted it. When that didn't work I next revised the setting, hit "Load" just in case that made a difference, then "OK", etc. That didn't work either.

Am I missing a step in the process?

I am still here. I took off for the holidays but have started up my testing again at the start of this week. I have been looking at all the interesting posts and my head is spinning. I think it's great that so many people are involved and trying new settings and it has started me thinking in some other directions as well. Up until the holidays my testings has been the following to recap:

3 IBFX and 3 NF demo accounts each running 18 pairs.

Demo set 1: start time of 08 GMT / look back hours of 17 (London open)
Demo set 2: start time of 13 GMT / look back hours of 17 (New York open)
Demo set 3: start time of 22 GMT / look back hours of 17 (5pm eastern, original strategy)

Testing on these 6 demos began on the week ending 11/25/2007 and have continued each week (forward testing) minus the past 2 weeks because of the holidays. The purpose is to see which time frame performs the best and for which pairs in those time frames. In addition, it was also to see the difference between IBFX and NF to determine which broker performed better. At this point I'm not really sure I've fully answered that question as some pairs do better on one broker and others do better on the other. I was really expecting to see a smaller difference between the two and be able to say the following:

1. X broker is better than Y.
2. These pairs should be run in the 08 GMT time frame.
3. These pairs should be run in the 13 GMT time frame.
4. These pairs should be run in the 22 GMT time frame.

There have been some rough weeks that have passed and none seem to be doing very well at this point although I feel with more time things will become clearer and certain pairs in certain time frames will rise above the others as overall winners.

Also I had made the original modifications to the EA to enable reverse trading. I have had some assistance with testing but none to the extent that I would have taken it so I'm feeling a little neglecting on my duties in that area. I wish I could test all the scenarios that are rolling around in my brain but my computer wont handle it all. I have to assume that if one direction is doing poorly consistently then there is a good chance that reversing the direction could be profitable. There are some pairs that have just done terrible since I started and these may be big winners in a reverse scenario although I have no concrete evidence to prove that. It seems that Christancho is testing some pairs with the reverse EA with fair results.

I think what I would like to do is drop the NF demos for a couple of reasons. I can't see myself at this point dropping my live IBFX account to go with NF. I'm not sure I trust going with a broker outside of my own country. I realize they may all be crooked to some extent. I did see a post recently on this thread about Ikon Royal? They seem like a possible option since the live and demo accounts were so close and I think they're located in New York? This is always another layer of complexity when testing anything. Once you finally go live you don't get the same performance.

I did start my original testing again this week and have added a 7th demo. This is an IBFX demo account running on 18 pairs with PipNick's settings.

08 start time
24 hour look back
update to be at 30

If I drop the NF demos I will be adding 3 IBFX demos to test the same time frames but with the reverse EA. It may also be wise to add the other 2 time frames with PipNick's settings. I'm not sure I could or would want to run 9 demo accounts on my computer at once.

I feel I've rambled enough...

Any thoughts?

Thx Piphunter

I have reinstalled the ea and it works. (pipnick ibfx version)
By the way, what timeframe should I use in the chart?

Carlton

Hi Mombone,
Some suggestions:
1. Attach the EA to 1hr chart.
2. Check the start hour, for Interbank it is 22 (22h00 GMT = 17h00 GMT-5).
3. Check the EA's properties, allow Long&Short positions.


Regards.
Christancho

7th
GBP/USD = n/t
EUR/JPY = n/t

8th
GBP/USD = -45
EUR/JPY = -45


Mike / mtaboneweb - let me know if you have any discrepancies

Thanks for picking up my settings, I would certainly like to see them run, it will be interesting to see how these compare.

I would agree that the broker comparison is not so important for now. Others people can cross check these with their own demos for validation?

I would also like to see one additional demo for GBY/JPY using naranjoe's settings. I think these are only relevant to G/J. So no other pairs would be required.

Keep up the good work.

This is turning into a fantastic thread, thanks again to Mike for strating it.

Has the standard Mike's daily 95 ea been back tested for several years on the EUR/JPY to see if it's profitable in the long run? How much drawdown and has it been profitable every month? Thanks, Paris

Hi,
My testing results: 08-Jan-2008

AUDUSD +84
EURCHF +77
EURGBP -75
EURJPY +126
EURUSD -35
GBPJPY -50
GBPUSD -35

Total: +92 pips

EURUSD and GBPUSD, did not update to BE!! does anyone have the same problem??

Regards!
Christancho

I downloaded the D95P Standard (FXDD Fall Version 5.2) and will be testing it on EUR/JPY, EUR/CHF, & EUR/USD. The trade settings for EUR/JPY & EUR/CHF came up with no problem today, but nothing happened with EUR/USD. Do you have any idea what might cause that?

Thanks!

I use demo account in IBFX and use PipNick EA

[FONT='&#54620]eur/gbp +90[/font]
[FONT='&#54620]eur/usd +95[/font]
[FONT='&#54620]gbp/usd +95[/font]
[FONT='&#54620]usd/jpy -45[/font]

Total +235

Good result

Firstly I use IBFX MT4 program

I could not load the program simultaneously.

How can I indeed?

Plz let me know

PS. I use winsow XP sp2 version

Thank you

I have modified the testing I'm doing. The attached graphic explains the settings that are being used so I don't have to repeat them in my posts. I already have data from 11/25/2007 through current so I will keep it in the sheet although the reverse test data will start accumulating this week. I started running reverse EAs yesterday and will continue to post full and weekly results.

In addition to this testing I am also running one demo account using the same 18 currency pairs with PipNick's rules. I will post full and weekly results on this demo separately.

All testing is now being done using Interbank FX demo accounts. In the future I may switch to Ikon Royal if I find more positive feedback about them.

Any thoughts?

Mikelath,

If you would like the complete data I've collected regarding my North Finance results, then I can supply it to you.

Hi,
here are my results for: 09-Jan-2008

EURJPY +83
AUDUSD -75
EURUSD +15
EURGBP -75
EURCHF -75

Total: -127 pips

Ouch... it hurts.... however... tomorrow will be better!!

Regards
Christancho

folks, where can i find the expert?

PipNick's settings ????

stop loss ??
take profit 1 ??
take profit 2 ??
take profit 3 ??