39/39 HI/LO SYSTEM | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 182 replies

The System Behind the System, by Merlin Jeffries 16 replies

200 Ema system - help me build a system ! 19 replies

Knife system, Vegas 4h system related questions. 4 replies

Would you trade this system? New system #2. 10 replies

Attachments: 39/39 HI/LO SYSTEM
Exit Attachments

39/39 HI/LO SYSTEM

  • #61
  • Mar 1, 2008 2:19pm Mar 1, 2008 2:19pm
Quoting Jack2000
Hi Jr, I did, but the settings are still the same (different from yours). actually, those settings come from your 1st post (ea) in this thread.
Ok, if its from the first thread, then yes, I think you might have something wrong. I posted somewhere on this thread about some computers having an updated version of the MT4. It only goes as far back as so many months. Please anyone Backtesting, If you are coming our with different, but I mean very different results, check the first trade made and check the date.
  • #62
  • Edited 3:07pm Mar 1, 2008 2:47pm | Edited 3:07pm
Quoting Ahil
results at one point are more than astounding but if you would lets say start backtest at begining of 2007 at one point you lose 85% of your funds (lets say start funds are 10.000, because with less you would lose 100%)

would you risk so much?? who wouldnt stop EA at loss of 70-80% of their acc??

well anyway everyone choses his own risks, but at my opinion someone with small acc shouldnt use this EA as his or hers chances are too big to get wasted
I agree, probably not. Let share my thoughts on this system. I was very excited with the results when I first recieved them. When I finally came back to earth, I figured, ok it work for that period of time in its continued state. I had to ask myself, well how do you plan to trade this. It is then that I figured.......let me go back and retest this system using the trends. Granted for now I have luxury of looking at what happened, so I inputted the Short trades in the downtrend dates. You know, from this date to this date, Short only, and vise versa for the Long Trades. So if you look at my first post, I have my results at the bottom of that post. Of course all this is just testing, and we all have to start somewhere. I figured I would post all my resutds, and see where this system can go from here. I will post a picture of the chart I am using for now.

Once again I am trading the trends with this EA. When it shows Uptrend, I place the EA, with Longs only, and when Downtrend, I set the EA for Shorts only. These are the indicators I am using to determine the trend. There are many out there, you just need to find the one that suits you.

http://www.forexfactory.com/attachme...1&d=1204412805
Attached Image
  • #63
  • Mar 1, 2008 3:01pm Mar 1, 2008 3:01pm
Quoting nvwine
The PDF at the bottom is a report for the year of 2006. I had to increase the starting deposit to $10,000 and reduce the MaxRisk to .01 in order to make it out of the first couple of months. I hope someone else will show their backtesting results for 2006. I did not get near as many trades as expected.

Here are a couple of images of a back test starting July1st, 2004 - February 29th, 2008. I used the same settings as stated above. The good news was the EA did not go broke after three and a half years. 2005 was not a good year.
Attachment
Attachment

Given the problems with MetaTrader backtesting, I hope some other people will post results. Even at 90% modeling quality it is hard to put much faith in my results.
Hey nvwine, thanks for all your work on these backtests. Like everything in life, this EA has its flaws, but I know it can be successful.
  • #64
  • Mar 1, 2008 3:09pm Mar 1, 2008 3:09pm
Quoting cappalz
MR JR..

i just read all the post here today... look so interesting...

just 1 question.. i have my old trading n in (-pips)... is it the program will disturb overall trade or just open n close the new trade only....?

thx 4 ur answer..
I would run this on a demo first. When you run it on an Acct. I would run it on a clear slate. Only the trades that the EA inputs.
  • #65
  • Mar 1, 2008 3:57pm Mar 1, 2008 3:57pm
Quoting Aad
Quick EA forward testing update, last position closed at 207.11.

Position closed at -25 Pips

EA opened two new short GBP/JPY positions at 206.50 and 207.05 and will be held over the weekend...

Position 1 is at +12 Pips
Position 2 is at +67 Pips
Hi Aad,

You have a great looking indicator on your chart with , it looks like multiple stochastic settings. What is the thick gold line , and the white line? Would you mind posting that indicator to download. Thank you very much for your explanation and time......T-Wolf
  • #66
  • Mar 1, 2008 6:57pm Mar 1, 2008 6:57pm
I am so excited with your great EA. My questions are:Is this system best for trading GBP/JPY?
Most importantly,for me how to insert EA into my computer and can I let it run with my computer power off?

Tks a lot
[email protected]
  • #67
  • Edited 8:38pm Mar 1, 2008 7:57pm | Edited 8:38pm
Quoting ele
I am so excited with your great EA. My questions are:Is this system best for trading GBP/JPY?
Most importantly,for me how to insert EA into my computer and can I let it run with my computer power off?

Tks a lot
[email protected]
Yes, for now the GBP/JPY, because of its volatility, it is the best one to trade with this system. All others just need to be evaluated, along with EA Adjusted. Hey, what counts is this EA is profitable.

click and save to C:drive/programs/(broker folder)/experts

Sorry, but the only way the EA will work is if the Computer is left on.
  • #68
  • Edited Mar 2, 2008 5:09pm Mar 1, 2008 8:52pm | Edited Mar 2, 2008 5:09pm
Quoting thunderwolf
Hi Aad,

You have a great looking indicator on your chart with , it looks like multiple stochastic settings. What is the thick gold line , and the white line? Would you mind posting that indicator to download. Thank you very much for your explanation and time......T-Wolf

Hi T-Wolf,

I got it from Spuds Stochastic Thread Theory page:

http://www.forexfactory.com/showthread.php?t=37111

The white line is a Stoch (5,3,3) and the gold is a Stoch (14,3,3). Basically when all Stochs line up and all you see is the gold line it presents a very strong signal for up/down. I added OzFx's AC/AO and the white (5,3,3) Stoch for an agreement toward good entries.

Thus I have modified Spuds indicator and added a few things to it (I changed it from a simple to exponential MA's) so it's currently an experiment and a cross breed between OzFx & Spuds Stochastic Threads. So I can't vouch for it at this time as I'm still learning more about Spuds Stochastic Thread theory...
Attached File(s)
File Type: pdf Spuds Stochastic Thread Theory.pdf   692 KB | 784 downloads
File Type: mq4 Daily Range Calculator.mq4   15 KB | 621 downloads
File Type: tpl AAD (OzFx - Spuds StochThreads).tpl   46 KB | 547 downloads
  • #69
  • Mar 1, 2008 11:52pm Mar 1, 2008 11:52pm
Quoting jr2007
Ok, if its from the first thread, then yes, I think you might have something wrong. I posted somewhere on this thread about some computers having an updated version of the MT4. It only goes as far back as so many months. Please anyone Backtesting, If you are coming our with different, but I mean very different results, check the first trade made and check the date.
Hi Jr, I am sorry. I mean the EA in post #1 on this thread does not have the same settings as the settings in post #33 on this thread. which one are the correct settings? if post #33 has the correct settings, how to change the EA with that settings? cause I have tried several times to change it, but it could not be changed. Thank you. sorry for my bad english and misunderstanding.
  • #70
  • Mar 2, 2008 12:13am Mar 2, 2008 12:13am
Quoting Jack2000
Hi Jr, I am sorry. I mean the EA in post #1 on this thread does not have the same settings as the settings in post #33 on this thread. which one are the correct settings? if post #33 has the correct settings, how to change the EA with that settings? cause I have tried several times to change it, but it could not be changed. Thank you. sorry for my bad english and misunderstanding.
Ok, the only settings that need to be the same are the ones in the first row going down, under "VALUE". The only one that is different is the Lots. That one does not matter if you are using MM (Money Management), which, for the purposes of the tests, we are. So the Lots setting can be set at whatever, and it would not matter. Maximum Risk is taking the place of Lots when MM is set to true.
  • #71
  • Mar 2, 2008 12:25am Mar 2, 2008 12:25am
Thanks for sharing your system. It looks awsome. I'm definitely gonna try it and will share my results on this forum. In the mean time i have a question can you post a template for the indicators u use for trend determination. I've seen the chart but could not make out what settings and indicators are used. A template file can help.
  • #72
  • Mar 2, 2008 2:48am Mar 2, 2008 2:48am
Jr, could you please make ea's stoploss and take profit order invisible to the broker? thanks
  • #73
  • Mar 2, 2008 12:41pm Mar 2, 2008 12:41pm
Quoting Jack2000
Jr, could you please make ea's stoploss and take profit order invisible to the broker? thanks
Sorry, I do not understand the question.
  • #74
  • Mar 2, 2008 12:57pm Mar 2, 2008 12:57pm
Quoting Aad
Hi T-Wolf,

I got it from Spuds Stochastic Thread Theory page:

http://www.forexfactory.com/showthread.php?t=37111

The white line is a Stoch (5,3,3) and the gold is a Stoch (14,3,3). Basically when all Stochs line up and all you see is the gold line it presents a very strong signal for up/down. I added OzFx's AC/AO and the white (5,3,3) Stoch for an agreement toward good entries.

Thus I have modified Spuds indicator and added a few things to it (I changed it from a simple to exponential MA's) so it's currently an experiment and a cross breed between OzFx & Spuds Stochastic Threads. So I can't vouch for it at this time as I'm still learning more about Spuds Stochastic Thread theory...


Hey there Aad,

Thanks for taking the time to explain and post your indicators. It's just what I was looking for to show me extreme overbought and oversold areas. Having your stochastic and MA's modified to exponential works perfectly for my purpose. It's a fantastic compliment to the other indicators I'm using in my own strategy I've been developing.

Soon I will be starting a new thread with my strategy and with your permission I'd like to give you credit on that thread for your multi stochastics indicator! This 39/39 Hi - Lo looks really promising and I wish you and all the others much success with it.

Thanks again and all the best with your trading.....T-Wolf
  • #75
  • Mar 2, 2008 1:20pm Mar 2, 2008 1:20pm
Quoting azizk20
Thanks for sharing your system. It looks awsome. I'm definitely gonna try it and will share my results on this forum. In the mean time i have a question can you post a template for the indicators u use for trend determination. I've seen the chart but could not make out what settings and indicators are used. A template file can help.
Well, there are various ones. I really don't have a favorite at this time. I am currently evaluating many indicatos trying to find the best one to determine trend change. The bad thing is that regardless of how good an indicator is, nothing is 100%. Here are two that I am evaluating right now. MACD Traditional, and Momentum-ZL. I will post them.
Attached File(s)
File Type: ex4 MACDTraditional.ex4   3 KB | 360 downloads
File Type: mq4 Momentum-ZL.mq4   2 KB | 418 downloads
  • #76
  • Mar 2, 2008 2:52pm Mar 2, 2008 2:52pm
Quoting thunderwolf

Hey there Aad,

Thanks for taking the time to explain and post your indicators. It's just what I was looking for to show me extreme overbought and oversold areas. Having your stochastic and MA's modified to exponential works perfectly for my purpose. It's a fantastic compliment to the other indicators I'm using in my own strategy I've been developing.

Soon I will be starting a new thread with my strategy and with your permission I'd like to give you credit on that thread for your multi stochastics indicator! This 39/39 Hi - Lo looks really promising and I wish you and all the others much success with it.

Thanks again and all the best with your trading.....T-Wolf
Sure, no problem...
  • #77
  • Mar 2, 2008 3:02pm Mar 2, 2008 3:02pm
Quick EA forward testing update:

The last two positions held over the weekend were at:

Position 1 was at +12 Pips
Position 2 was at +67 Pips

Both positions are now at:

Position 1 is at +147 Pips
Position 2 is at +200 Pips
Attached Image (click to enlarge)
Click to Enlarge Name: odl-mt4 g-y [3.00pm pst] 3-2-08.gif Size: 44 KB
  • #78
  • Mar 2, 2008 3:56pm Mar 2, 2008 3:56pm
Quoting jr2007
UPDATE: At the close of the Market - 1 = 449, 2 = 460, 3 = 459
http://www.forexfactory.com/attachme...1&d=1204501879


Quick Update:1 = 610, 2 = 621, 3 = 620 and counting
Attached Image
  • #79
  • Mar 3, 2008 4:13am Mar 3, 2008 4:13am
Hey Jr, great work and thanqueue!

Does the EA work on its own or should I also have any indicators ?
  • #80
  • Mar 3, 2008 4:45am Mar 3, 2008 4:45am
Quoting jr2007
http://www.forexfactory.com/attachme...1&d=1204501879


Quick Update:1 = 610, 2 = 621, 3 = 620 and counting
hey,
can you post the new template that you have Please ... ? i see u have few new ema's on the charts !

Thanks,
Goodbadmas
0 traders viewing now