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Daily Stochastic Oscillator System

  • #101
  • Feb 2, 2008 10:48am Feb 2, 2008 10:48am
Hi Simon,

u might want to read about MT4 in general, here is a good place to start : http://www.metaquotes.net/userguides/

PC

Quoting simoneg
Neacl, how do you insert the solar and daily indicators?
Less is more...
  • #102
  • Feb 2, 2008 10:51am Feb 2, 2008 10:51am
Thanks pipcruiser!
Hero Traders Live to see their Accounts Die!
  • #103
  • Feb 2, 2008 10:58am Feb 2, 2008 10:58am
It's not profitable if I turn the risk management on. And why doesn't it allow to trade with less than $5000, say $1000?
  • #104
  • Feb 2, 2008 10:59am Feb 2, 2008 10:59am
Hey Pipcruiser, cant view the userguide at all!!!
Hero Traders Live to see their Accounts Die!
  • #105
  • Feb 2, 2008 11:00am Feb 2, 2008 11:00am
Quoting nealc99
Updated version 1.3 includes better overall preformance.

Need Solar Winds Alert indicator saved to your /experts/indicators folder.

For use on GPB/JPY currency pair (others have not been tested and the default settings for the expert would have to be adjusted).

The following URL has the EA's results: http://26z.net/forex/1.htm

Backtesting indicates 67% win percentage with a total $20,192 profit for the period of Jul-Dec 2007.
Hi Neal,

Have you done any foward testing with the 1.3 EA version yet or is this brand new? How did the EA function? Any bugs? Paris
  • #106
  • Feb 2, 2008 11:12am Feb 2, 2008 11:12am
Quoting nealc99
EA = Expert Advisor which does automated trading through the MetaQuotes platform.

I use FXOpen.com which is a white label verson that uses MIG as the broker.
hello nealc,
can u pls tell me, where did u find MIG is the broker for FXOpen??

i asked the admin for FXopen about this in other forum..and this is the answer:
Quote:
Originally Posted by PopIsDead http://carigold.com/portal/forums/im...s/viewpost.gif
FXOpen.com which is a white label verson that uses MIG as the broker

is this info correct..

No, it is not correct. FXOpen has own trading terminal which is not a white label of any brokerage company.
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  • #107
  • Feb 2, 2008 11:13am Feb 2, 2008 11:13am
Quoting Paris Hilton
Hi Neal,

Have you done any foward testing with the 1.3 EA version yet or is this brand new? How did the EA function? Any bugs? Paris
No forward testing as of yet - just backtesting to fine tune.
  • #108
  • Feb 2, 2008 11:16am Feb 2, 2008 11:16am
Quoting popisdead
hello nealc,
can u pls tell me, where did u find MIG is the broker for FXOpen??

i asked the admin for FXopen about this in other forum..and this is the answer:
Quote:
Originally Posted by PopIsDead http://carigold.com/portal/forums/im...s/viewpost.gif
FXOpen.com which is a white label verson that uses MIG as the broker

is this info correct..

No, it is not correct. FXOpen has own trading terminal which is not a white label of any brokerage company.
All I know is that when you download and install FXOpen's version of Metatrader it comes up as MIG uses Belvedere, Inc for the server when you sign up for an account.
  • #109
  • Feb 2, 2008 11:36am Feb 2, 2008 11:36am
what do you use now for entry signal ?
what is the rules of exit in your system if i dont want to use EA and want to trade manually
thank you
  • #110
  • Feb 2, 2008 2:52pm Feb 2, 2008 2:52pm
Neal., The 1.2v ea has a take profit of 130 on the NY TF . However when it hits the trailing stop the take profit disappears and then the trailing stop indicates what profit will be. So what is the point of having a take profit? Also the Solar winds indy repaints. So how can an accurate back test be done with that indicator? Thanks, Paris
  • #111
  • Feb 2, 2008 4:25pm Feb 2, 2008 4:25pm
Quoting Paris Hilton
Neal., The 1.2v ea has a take profit of 130 on the NY TF . However when it hits the trailing stop the take profit disappears and then the trailing stop indicates what profit will be. So what is the point of having a take profit? Also the Solar winds indy repaints. So how can an accurate back test be done with that indicator? Thanks, Paris
Repainting is not an issue. I use the last 1m candle just closed for the signal (not the current candle which does repaint).

Yes, I agree that Take Profit could be a mute point and as long as it is under the value of the trailing stop could be ignored.
  • #112
  • Feb 2, 2008 4:29pm Feb 2, 2008 4:29pm
Quoting fxramin
what do you use now for entry signal ?
what is the rules of exit in your system if i dont want to use EA and want to trade manually
thank you
ENTRY SIGNAL: Latest closed 1m candle.... if value of the Solar Wind is LESS THAN -0.20 trigger a SELL, if GREATER THAN 0.20 then trigger a BUY.

EXIT: Trailing Stop, Break Even and Stop Loss based on backtesting results from July-December 2007 as being the most optimum. It could be possible to base exit on manual transactions on an exiting indicator you may have had expierence with in the past.
  • #113
  • Feb 2, 2008 5:41pm Feb 2, 2008 5:41pm
neal, while profit is amazing there are few quirks you might think of changing:

1. seems like it enters completely randomly the order. I can't quite figure that out. Check the imaged I attached: it just enters in the middle of the positive indicator zone. It's apparent that bunch of indicators before that one were more than 0.2, so why didn't it enter then? Had it entered at the beginning of the wave, it might have gotten away from the trade with a profit, not with a loss

2. why are there so many zones where it doesn't enter at all? huge profitable gaps are left between the orders. I tried StartHr 00 to encompass all 24 hours a day for testing purposes, but the same thing: sometimes there are days without trades, whereas in Solar wind indicator blue and red waves change in the matter of hours

I looked at the code but couldn't figure that out

thanks for the good job, though

Jasius
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 233 KB
  • #114
  • Feb 2, 2008 8:45pm Feb 2, 2008 8:45pm
Quoting jasius
neal, while profit is amazing there are few quirks you might think of changing:

1. seems like it enters completely randomly the order. I can't quite figure that out. Check the imaged I attached: it just enters in the middle of the positive indicator zone. It's apparent that bunch of indicators before that one were more than 0.2, so why didn't it enter then? Had it entered at the beginning of the wave, it might have gotten away from the trade with a profit, not with a loss

2. why are there so many zones where it doesn't enter at all? huge profitable gaps are left between the orders. I tried StartHr 00 to encompass all 24 hours a day for testing purposes, but the same thing: sometimes there are days without trades, whereas in Solar wind indicator blue and red waves change in the matter of hours

I looked at the code but couldn't figure that out

thanks for the good job, though

Jasius
Probabbly because your comparing apples to oranges. The signal is based on 1 minute (hardcoded) and the chart is based on 5 minutes so the 1 min signal will not show in the appropriate place on a 5 min chart.
  • #115
  • Feb 2, 2008 11:58pm Feb 2, 2008 11:58pm
Quoting nealc99
ENTRY SIGNAL: Latest closed 1m candle.... if value of the Solar Wind is LESS THAN -0.20 trigger a SELL, if GREATER THAN 0.20 then trigger a BUY.

EXIT: Trailing Stop, Break Even and Stop Loss based on backtesting results from July-December 2007 as being the most optimum. It could be possible to base exit on manual transactions on an exiting indicator you may have had expierence with in the past.
can you show it and explain it with some pictures ?

and what happened to stoch entry and exit ? is that a different system ?
what based is your EA ?stoch or solar wind ?

thank you
  • #116
  • Feb 3, 2008 12:11am Feb 3, 2008 12:11am
Old indicator was Stoch - v1.3 now uses Solar Winds

Usually the 2nd bar of the crossing (above/below) would trigger an entry in the appropriate direction. Attached is a sample entry. Exit would be controlled by the EA's stop loss or trailing stop. Manual exit would normally be when the Solar Winds turned in the opposite direction.
Attached Image (click to enlarge)
Click to Enlarge Name: 123.gif Size: 12 KB
  • #117
  • Feb 3, 2008 9:02am Feb 3, 2008 9:02am
neal,

comparison aside, it's never entered on a second candle during the back testing, in contrast to your last post. again, it entered in the middle of the wave.

it would be nice to have it really entering on a second candle

correction: it has entered on a second candle in the above graph since it's M1 graph. mine was M5, as you recommended in the very beginning of the thread. so which one is the best?

Jasius
  • #118
  • Feb 3, 2008 9:16am Feb 3, 2008 9:16am
Quote
ENTRY SIGNAL: Latest closed 1m candle.... if value of the Solar Wind is LESS THAN -0.20 trigger a SELL, if GREATER THAN 0.20 then trigger a BUY.

Does the solar wind indicator change in value once the candle is closed?
EX: Once the indicator value is > .20 based on the close of a candle, a long position would be taken correct?

What is the repainting element? Are you guys/gals saying that the value of solar wind will change after the latest close of a candle? Thanks for any explanation.
  • #119
  • Feb 3, 2008 9:17am Feb 3, 2008 9:17am
Am I missing something?.. I attached M1 chart with back test, trade entered in second part of the wave for a loss

Jasius
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 256 KB
  • #120
  • Feb 3, 2008 10:38am Feb 3, 2008 10:38am
Quoting lcfxtrader
Does the solar wind indicator change in value once the candle is closed?
EX: Once the indicator value is > .20 based on the close of a candle, a long position would be taken correct?

What is the repainting element? Are you guys/gals saying that the value of solar wind will change after the latest close of a candle? Thanks for any explanation.
Solar Winds repaints durring the current candle. Does not repaint after a candle has closed. Signal is taken from the most recient closed 1M candle.
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