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Art's journal of adventure & discovery

  • #121
  • Dec 7, 2006 5:16am Dec 7, 2006 5:16am
Quoting Artamon

Fozzy EA
EURGBP Short @ 0.6759 - SL @ 0.6778 - TP1 @ 0.6719 - TP2 @ 0.6629
^ Exit all positions @ 0.6754 (+5 x 2)

Fozzy Original
EURGBP Short @ 0.6759 - SL @ 0.6782 - TP1 @ 0.6745 - TP2 @ 0.6660
^ Exit all positions @ 0.6754 (+5 x 2)
Summary:
Fozzy EA - EURGBP: 5 x 2 = +10 pips
Fozzy Fibs - EURGBP: 5 x 2 = +10 pips

Not a very good return for a trade initiated back on 29 Nov. Oh well.

Cheers,
Art...
  • #122
  • Dec 7, 2006 5:17am Dec 7, 2006 5:17am
Quoting dswk
Thanks. And which T/F ?
This is a daily system.

Cheers,
Art...
  • #123
  • Dec 7, 2006 6:25am Dec 7, 2006 6:25am
G'day all,

This is a short week for me, so I'll post my results now.

Week 3

Fozzy EA
CHFJPY Short: +88
GBPJPY Short: +92
GBPUSD Short: +108
EURUSD Short: +40
EURJPY Short: +40
NZDUSD Short: -129
AUDJPY Short: -132
AUDUSD Short: -129
GBPCHF Short: -15
USCAD Long: +138
EURGBP Short: +10
TOTAL: +111 pips

Fozzy Fibs
CHFJPY Short: +84
GBPJPY Short: +90
GBPUSD Short: +144
EURUSD Short: -201
EURJPY Short: +46
NZDUSD Short: -129
AUDJPY Short: -132
AUDUSD Short: -129
GBPCHF Short: -15
USDCAD Long: +118
EURGBP Short: +10
TOTAL: -114 pips

Had I opened with only 2 lots, Fozzy EA would have yielded +197 and Fozzy Fibs would have yielded +39.

As was mentioned in the main Fozzy thread, many of these trades went against strong daily trends. Some managed to get some pips but the majority failed to hit any significant TP's and bombed. This begs the question - Should you take a trade that is against the daily trend? Depending where the price is in relation to the Vegas tunnel, I still say yes. But, tighten your SL and be prepared and content to take a small grab and run.

Cheers,
Art...
  • #124
  • Dec 22, 2006 11:10pm Dec 22, 2006 11:10pm
G'day all,

I've decided to just post a summary of my trades at the end of the week. This week I opened a demo account with North Finance with a view to trying them out before going live. However, only 1 trade was executed (EURGBP Long @ 0.6726). Manually checking the charts I found 8 other valid signals (GBPUSD Long @ 1.9796, EURUSD Long @ 1.3195, AUDUSD Long @ 0.7840, USDCAD Short @ 1.1571, EURGBP @ 0.6703, EURCHF Short @ 1.6026, GBPJPY Short @ 232.61, GBPCHF @ 2.3857) that weren't taken. I'm not sure why this happened. I am using v2.2 of the EA to initiate the trades. This week I will run both demo accts using the EA and see if they give me identical trades.

Cheers,
Art...
  • #125
  • Edited 5:45am Jan 7, 2007 5:41am | Edited 5:45am
G'day all,

I've started forwarded testing with both North Finance and MetaQuotes demo accts. Following are the trades triggered on both accounts (2 lot trades). The trades not taken with NF on 2/1/07 were due to a small account balance which I fixed for the 3/1 onwards:

WEEK 1 MetaQuotes North Finance


2/1/07 GBPCHF Short: -166 Trade not taken
EURGBP Long: +28 +28
USDCHF Short: +40 Trade not taken
GBPJPY Short: -190 Trade not taken
3/1/07 USDJPY Short: -80 -76
GBPUSD Long: -174 -178
4/1/07 EURUSD Short: +89 +96
AUDUSD Short: +97 +93
GBPJPY Short: +137 Trade not taken
EURJPY Short: +127 +129
5/1/07 EURUAD Long: -14 +41
AUDJPY Short: +99 +95
USDJPY Short: +84 +102
NZDUSD Short: +108 Trade not taken

TOTALS: +177 +330

With NF not taking some of the initial bad trades certainly helped limit the bad trades, there were also some big winners that didn't trigger, so it evened out.

Cheers,
Art...
  • #126
  • Jan 13, 2007 6:57am Jan 13, 2007 6:57am
G'day all,

Following are the results of forward testing the Daily Fozzy EA (v2.2) with 2 brokers (Demo, of course):

WEEK 1 MetaQuotes North Finance

8/1/07
USDCAD Long: -88 : Trade not taken
EURCHF Short: -72 : Trade not taken
9/1/07
EURGBP Short: +80 : +80
10/1/07
GBPCHF Long: +40 : +41
USDJPY Long: +121 : +118
11/01/07
USDCAD Short: Trade not taken : +40
12/01/07
GBPJPY Long: +95 : Trade not taken
GBPUSD Long: +125 : Trade not taken
GBPCHF Short: -46 : Trade not taken
CHFJPY Long: +1 (open) : -2 (open)
AUDJPY Long: +20 (open) : Trade not taken

TOTALS: +255 : +279


North Finance has missed quite a few trades and by looking at the charts I can't work out why. On this occassion it worked out ok coz all trades were winners. But, what if it takes trades that end up losers but not the ones that end up winners..??

Anyway, from this week I will run the same test again but also include FXDD and SBFX. Then I'll compare all 4 and see how we go. I think NF is missing too many trades to be a viable option, at this stage.

Cheers,
Art...
  • #127
  • Jan 15, 2007 12:54am Jan 15, 2007 12:54am
very good trading art. i believe you trade pure fozzy, ie: take bb into account. and also these are pure mechanical trades with no discretion.
is that right?


Quoting Artamon
G'day all,

Following are the results of forward testing the Daily Fozzy EA (v2.2) with 2 brokers (Demo, of course):

WEEK 1 MetaQuotes North Finance

8/1/07
USDCAD Long: -88 : Trade not taken
EURCHF Short: -72 : Trade not taken
9/1/07
EURGBP Short: +80 : +80
10/1/07
GBPCHF Long: +40 : +41
USDJPY Long: +121 : +118
11/01/07
USDCAD Short: Trade not taken : +40
12/01/07
GBPJPY Long: +95 : Trade not taken
GBPUSD Long: +125 : Trade not taken
GBPCHF Short: -46 : Trade not taken
CHFJPY Long: +1 (open) : -2 (open)
AUDJPY Long: +20 (open) : Trade not taken

TOTALS: +255 : +279


North Finance has missed quite a few trades and by looking at the charts I can't work out why. On this occassion it worked out ok coz all trades were winners. But, what if it takes trades that end up losers but not the ones that end up winners..??

Anyway, from this week I will run the same test again but also include FXDD and SBFX. Then I'll compare all 4 and see how we go. I think NF is missing too many trades to be a viable option, at this stage.

Cheers,
Art...
  • #128
  • Jan 15, 2007 5:16am Jan 15, 2007 5:16am
G'day Cool,

Quoting coolshades
very good trading art. i believe you trade pure fozzy, ie: take bb into account. and also these are pure mechanical trades with no discretion.
is that right?
Yep, purely mechanical...I'm currently only using the EA v2.2 with all the original Fozzy defaults except for the 70% ATR as SL. I have thought about using the previous bar H/L for SL and not worrying about the BB, but I may leave for that a separate forward test after I have this one at a stage where I can go live...with a super duper micro account :-)

Cheers,
Art...
  • #129
  • Jan 19, 2007 5:08am Jan 19, 2007 5:08am
G'day all,

Revised totals for last week (in red), with previously open trades completed.

Quoting Artamon

WEEK 2 MetaQuotes North Finance

8/1/07
USDCAD Long: -88 : Trade not taken
EURCHF Short: -72 : Trade not taken
9/1/07
EURGBP Short: +80 : +80
10/1/07
GBPCHF Long: +40 : +41
USDJPY Long: +121 : +118
11/01/07
USDCAD Short: Trade not taken : +40
12/01/07
GBPJPY Long: +95 : Trade not taken
GBPUSD Long: +125 : Trade not taken
GBPCHF Short: -46 : Trade not taken
CHFJPY Long: +1 (open) +40 : -2 (open) +40
AUDJPY Long: +20 (open) +89 : Trade not taken

TOTALS: +255 +384 : +279 +319
Cheers,
Art...
  • #130
  • Jan 22, 2007 5:39am Jan 22, 2007 5:39am
G'day all,

Not a good week for the EA this week. Still, with previous week's results we're still comfortably ahead.

WEEK 3 MetaQuotes North Finance

15/1/07
GBPCHF Short: -56 : No Trade taken
AUDUSD Long: +86 : No trade taken
16/1/07
EURCHF Long: -78 : No trade taken
EURJPY Long: +41 : +40
NZDUSD Long: -100 : -96
17/1/07
GBPJPY Long: No Trade taken : +40
18/01/07
EURUSD Long: +42 : +41
USDCHF Short: -114 : -90
NZDUSD Long: +36 (open) : No trade taken
19/01/07
EURCHF Long: +24 (open) : +16 (open)
NZDUSD Long: Already in trade : -4 (open)

TOTALS: -179 : -65

Last week's open trades closed sometime during this week, but I applied the figures to last week. Seeing as I've done that now, I will continue that theme throughout.

Cheers,
Art...
  • #131
  • Jan 30, 2007 4:00am Jan 30, 2007 4:00am
G'day all,

Revised totals for last week (in red), with previously open trades completed:

Quoting Artamon
WEEK 3 MetaQuotes North Finance

15/1/07
GBPCHF Short: -56 : No Trade taken
AUDUSD Long: +86 : No trade taken
16/1/07
EURCHF Long: -78 : No trade taken
EURJPY Long: +41 : +40
NZDUSD Long: -100 : -96
17/1/07
GBPJPY Long: No Trade taken : +40
18/01/07
EURUSD Long: +42 : +41
USDCHF Short: -114 : -90
NZDUSD Long: +36 (open) +92 : No trade taken
19/01/07
EURCHF Long: +24 (open) +42 : +16 (open) +41
NZDUSD Long: Already in trade : -4 (open) +94

TOTALS: -179 -45 : -65 +70
Cheers,
Art...
  • #132
  • Jan 30, 2007 4:19am Jan 30, 2007 4:19am
G'day all,

WEEK 4 MetaQuotes North Finance

22/1/07
No trades
23/1/07
EURAUD Long: +176 : +176
USDCAD Long: -118 : -110
24/1/07
GBPCHF Short: +109 : +95
USDCHF Short: -170 : -114
EURGBP Long: +20 : No trade taken
25/01/07
GBPUSD Short: +40 : No trade taken
AUDUSD Short: +102 : +40 (with 1 lot open)
AUDJPY Short: +95 : +104
EURJPY Short: +99 : +119
CHFJPY Short: +43 : +87
USDJPY Short: +84 : +92
GBPJPY Short: +171 : No trade taken
26/01/07
USDCAD Long: -108 : -106
EURUSD Short: +41 : 0 (trade exited at entry price for unknown reasons)
NZDUSD Short: +6 (open) : +6 (open)

TOTALS: +584 : +383

Cheers,
Art...
  • #133
  • Feb 2, 2007 5:54am Feb 2, 2007 5:54am
G'day all,

Revised totals for last week (in red), with previously open trades completed:

Quoting Artamon
WEEK 4 MetaQuotes North Finance

22/1/07
No trades
23/1/07
EURAUD Long: +176 : +176
USDCAD Long: -118 : -110
24/1/07
GBPCHF Short: +109 : +95
USDCHF Short: -170 : -114
EURGBP Long: +20 : No trade taken
25/01/07
GBPUSD Short: +40 : No trade taken
AUDUSD Short: +102 : +40 (with 1 lot open) +119
AUDJPY Short: +95 : +104
EURJPY Short: +99 : +119
CHFJPY Short: +43 : +87
USDJPY Short: +84 : +92
GBPJPY Short: +171 : No trade taken
26/01/07
USDCAD Long: -108 : -106
EURUSD Short: +41 : 0 (trade exited at entry price for unknown reasons)
NZDUSD Short: +6 (open) +104 : +6 (open) +101

TOTALS: +584 +688 : +383 +563
Cheers,
Art...
  • #134
  • Feb 4, 2007 9:20pm Feb 4, 2007 9:20pm
Hello Art,

Just to let you know i got inspired by your journal. I'm currently forward testing Fozzy EA v2.2 on all the pairs that proved profitable in your forward test. I'm testing it on Live FXDD, only 0.04 lots per trade though, just to get the feel of the EA and see how it fairs with live data feeds. it already opened 3 trades as of today...

Anyways thanks for the great journal,

Regards,
Mikhail


Quoting Artamon
G'day Cool,



Yep, purely mechanical...I'm currently only using the EA v2.2 with all the original Fozzy defaults except for the 70% ATR as SL. I have thought about using the previous bar H/L for SL and not worrying about the BB, but I may leave for that a separate forward test after I have this one at a stage where I can go live...with a super duper micro account :-)

Cheers,
Art...
  • #135
  • Feb 7, 2007 5:26am Feb 7, 2007 5:26am
G'day Mikhail,

A bit late in replying, but how's it going for you so far?

Quoting mikhaildgreat
Hello Art,
Just to let you know i got inspired by your journal. I'm currently forward testing Fozzy EA v2.2 on all the pairs that proved profitable in your forward test. I'm testing it on Live FXDD, only 0.04 lots per trade though, just to get the feel of the EA and see how it fairs with live data feeds. it already opened 3 trades as of today...
Anyways thanks for the great journal,
Regards,
Mikhail
Cheers,
Art...
  • #136
  • Feb 7, 2007 5:33am Feb 7, 2007 5:33am
G'day all,

For the time being I'll only be posting the results from my MetaQuotes demo as I'm pressed for free time.

WEEK 5 MetaQuotes

29/1/07
USDCHF Long: -126
EURCHF Long: +84
30/1/07
No trades initiated
31/1/07
USDJPY Short : +40
01/02/07
AUDUSD Long: -86
CHFJPY Short: +107
EURJPY Short: +84
EURCHF Short: +135
02/02/07
GBPUSD Long: +84

TOTAL: +238

This was a very slow week. Regardless, it's always good to be +ve at the end.

Cheers,
Art...
  • #137
  • Feb 7, 2007 6:12am Feb 7, 2007 6:12am
Hi Art,

Right now I only have 2 open orders GBPUSD and AUDUSD both on the positive side but you are right nothing much happening this week, But I see EA will open orders in 4 other pairs tomorrow. Should be quite exiting...

Anyways good luck,

Mikhail
Quoting Artamon
G'day Mikhail,

A bit late in replying, but how's it going for you so far?


Cheers,
Art...
  • #138
  • Feb 9, 2007 8:08pm Feb 9, 2007 8:08pm
G'day all,

WEEK 6 MetaQuotes

05/02/07
EURAUD Short: +94
AUDUSD Long: +87
EURUSD Short: +40
EURGBP Short: -48
USDCAD Long: -104
06/02/07
No trades taken
07/02/07
GBPUSD Long: -158
08/02/07
NZDUSD Long: -110
AUDJPY Long: +91
CHFJPY Long: (Open @ +36)
GBPJPY Long: +91
EURJPY Long: +94

09/02/07

USDJPY Long: +40 (1 lot still open @ +12)
USDCHF Long: +40 (1 lot still open @ +54)

TOTALS: +157

Cheers,
Art...
  • #139
  • Feb 10, 2007 8:56am Feb 10, 2007 8:56am
art, all these still with 70% atr and what abt tp? are you live yet?
  • #140
  • Feb 11, 2007 4:31am Feb 11, 2007 4:31am
G'day Cool,

Quoting coolshades
art, all these still with 70% atr and what abt tp? are you live yet?
Yep, SL is set to 70% ATR, tp1 is 40 pips and tp2 is 130 (this figure may need to be revised or optimised). As for going live, well, I'm not quite ready for that. I intend to open a micro account, but am still demo testing the brokers that offer micro. As you're probably aware, there aren't many MT4 brokers with micro. I need to see the system working on that brokers feed before i can proceed. It may not be the exact same thing as the live feed, but it should be a good indication I believe. Definately looking at going live by the end of March (but hopefully much sooner than that).

Cheers,
Art...
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