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Supernova GBP/JPY Mini Trend Catcher

  • #5,361
  • Mar 7, 2008 1:22pm Mar 7, 2008 1:22pm
Thanks Rick. I think we have made good progress this week. I will test on the side the psar with pymariding and scaling out.

Carol

Quoting rmyers
To All Testers,

We had a good week, but I see some issues all of which I believe we can address. Here are my observations:

1. The MM made a big difference. All of the MM methods seemed to help except the PSAR based ones. I think I have a bug in there which was not raising the stop to protect profits. This hurt those trades all of which would have closed in profit were it not for my bug.

2. Ths ATR based TP also did very well. It is a conservative method and seemed to stear clear of problems. We can enhance this and the other methods by allowing a small position to continue on after the close using a TS.

3. The reason MM helps so much is that using indicators as our sole exit strategy is too much lag, especially in fast markets like today.

So we are getting much closer and you should all be congratulated for making this possible by devoting your time to testing.

I have released a bug fix (I hope) for the PSAR issue and I will test this weekend to try to be sure we have this problem solved. I will not release any new functionality until we stabilize PSAR. Could all the testers please run side tests on the PSAR with pyramiding and scaleout? More data points would be very helpful.

Rick
  • #5,362
  • Mar 7, 2008 1:37pm Mar 7, 2008 1:37pm
Quoting Eureka
Thanks Rick. I think we have made good progress this week. I will test on the side the psar with pymariding and scaling out.

Carol

Thanks, Carol! I'm still not sure I've fixed the PSAR and Matt will very unhappy if I don't

Rick
  • #5,363
  • Mar 7, 2008 1:46pm Mar 7, 2008 1:46pm
Quoting rmyers
Thanks, Carol! I'm still not sure I've fixed the PSAR and Matt will very unhappy if I don't

Rick
You name it Rick!

Hopefully we get this sorted out! Amazingly the PSAR TS on my live account does not seem to run into trouble, but then I interferred too much today to really get a good view. I will skimm through the data later on to compare stopped trades to the charts. (When eyes and nose would only stop leaking, LOL!)

Thanks for the great work!
Matt
  • #5,364
  • Mar 7, 2008 1:54pm Mar 7, 2008 1:54pm
Hallo Rick!

I just replaced the beta 12 for 14 on a NZDJPY trade. When is the TS supposed to be moved? On the next 4H close?

Please see below!
Greetz!
Matt

Edit: We are lucky - 4H candles close in 4 minutes!
Attached Image (click to enlarge)
Click to Enlarge Name: testbeta12PSAR04.jpg Size: 184 KB
  • #5,365
  • Mar 7, 2008 2:30pm Mar 7, 2008 2:30pm
Quoting Gnat
Hallo Rick!

I just replaced the beta 12 for 14 on a NZDJPY trade. When is the TS supposed to be moved? On the next 4H close?

Please see below!
Greetz!
Matt

Edit: We are lucky - 4H candles close in 4 minutes!
Hi Matt,

This PSAR bug has really been annoying me

I added code to test for digits in the pair, but I have been staring at the code and I believe the problem is actually that the PSAR value is below the Ask for shorts. I will adust for the spread and I THINK that will do it.

I will do this later, though as I am about to take my 16 yearold daughter to her first fancy dance.

Rick
  • #5,366
  • Mar 7, 2008 2:45pm Mar 7, 2008 2:45pm
I remember those days so very well. I hope she has a great time.

Quoting rmyers
Hi Matt,

I will do this later, though as I am about to take my 16 yearold daughter to her first fancy dance.

Rick
  • #5,367
  • Mar 7, 2008 2:46pm Mar 7, 2008 2:46pm
Quoting rmyers
Hi Matt,

This PSAR bug has really been annoying me

I added code to test for digits in the pair, but I have been staring at the code and I believe the problem is actually that the PSAR value is below the Ask for shorts. I will adust for the spread and I THINK that will do it.

I will do this later, though as I am about to take my 16 yearold daughter to her first fancy dance.

Rick
Cool! Hope she has fun!! LOL - sort of hard for a farther - I am really looking forward to it (my daughter is 9)...

Take your time - we only need to find the few buggs, then you can fix it at your own pace!

Have a good evening!
Matt
  • #5,368
  • Edited 4:53pm Mar 7, 2008 3:02pm | Edited 4:53pm
Quoting trendchaser
you didnt disturb me
i told that guy you was my friend and he apologized
half the time i dont know half what im talking about
i didnt hold anything against him neither
you cant really judge a book by its cover
ya never know, maybe the way hes thinking seems right to him
im sure its all ok now n just big misunderstanding
we just keep moving forward
and dont look back to far lol
a friend that invited him to the thread said that guy was a good dedicated tester

sounds good to me
guess hes just worried about investing alot of work on a ea that can expire
i understand that

maybe he thought i was advertising to ?
hes new to the thread and wasnt aware that we all know each other here
well not new but hasnt been here in a while

i can handle any negativity though
its just a matter of sharing thoughts until we realy understand each other and our intentions

theres probly other ppl sharing his thoughts, maybe some things have been cleared up for them as well

anyway no problems here with me lol
Hi TC!

First of all I did not think his joke about "donating to you and you would love that" really funny. Made you look like a trailer boy and was really unappropriate.
Then he seemed ( and at that point I must admit, that I did not know that you wrote about it too ) to tell the world, that offering your EA to a public forum would make it less effective, as if all retail traders would go and trade it. First of all not even that would influence the market and then a lot of people, out of a series of reasons, would not dream to use an EA.
Then he claims to be so utterly more experienced... well I am in the financial business since 1989 (actually since 1987, but the apprenticeship does not count maybe). I looked into his bulletin board, that he was unable to set up himself, and the protfolio you can try to digest there is just a random heap of unasorted EAs and a Gold & Mining Fund. OMG!!
His testing seems to only consist of using the EA or Signal Service in combo with other things and then in then end write something semi-intelligible about it and then bash it big time.
The fact that he could just call me all that names on your thread did not make my day really happy. On the other hand I really do not want you to put up with a guy like that as you deserve better. Guess there will be enough experienced testers to be found near by, so you and we do not have to put up with that selfcentered fairytalewriter.

Good weekend!
Matt
  • #5,369
  • Mar 7, 2008 5:14pm Mar 7, 2008 5:14pm
He is the first to make my ignore list too. I've said all I need to say on the subject on TC's thread.

Time to move on Supernova EA is doing great with MM and will only get better.
  • #5,370
  • Mar 7, 2008 8:40pm Mar 7, 2008 8:40pm
sorry to drop in but Gnat i think I found your kindred spirit

http://www.forex-tsd.com/metatrader-...oker-up-7.html
  • #5,371
  • Mar 8, 2008 3:12am Mar 8, 2008 3:12am
Quoting cryten
sorry to drop in but Gnat i think I found your kindred spirit

http://www.forex-tsd.com/metatrader-...oker-up-7.html
ROTFL!! He writes in riddles, too! LOL
Thanks for sharing ...

Good weekend!
Matt
  • #5,372
  • Mar 8, 2008 3:14am Mar 8, 2008 3:14am
Quoting orion70
He is the first to make my ignore list too. I've said all I need to say on the subject on TC's thread.

Time to move on Supernova EA is doing great with MM and will only get better.
Ya, it is working absolutely great! I will start more sidetests on Monday.

And I really would not want TC to fall prey to this vulture.
  • #5,373
  • Mar 8, 2008 10:16am Mar 8, 2008 10:16am
im not easy prey gnat, no worries
before market open, look for new version
my ea also trades fibs now
though this didnt help much
but activating a high low filter from previouse 4 hours
has increased the profit alot
makes a pretty good range filter
this only kicks in if the pair goes negative a certain %


Quoting Gnat
Ya, it is working absolutely great! I will start more sidetests on Monday.

And I really would not want TC to fall prey to this vulture.
  • #5,374
  • Mar 8, 2008 7:53pm Mar 8, 2008 7:53pm
Gentlemen,

which broke you would recommend to use with Snova for demo and for trade (mini or micro accounts should be available) in US? I use ODL for other stuff and Oanda, but former has min 0.1 lots and latter doesn't use MT4.

thanks
  • #5,375
  • Mar 9, 2008 1:23pm Mar 9, 2008 1:23pm
Hi All,

Beta 14 was released a few posts ago and we should run with that this week. I am currently working on:

1. Scale out in loss
2. The final position of the scale out in profit will be allowed to continue with a trailing stop of it's own
3. Handle 1/10 pip brokers

Rather than add functionality, I think we should focus on:
1. Robustness - are we getting any order errors? I want to eliminate all errors.
2. Correctness. Are our MM/RM methods working correctly? I am especially interested in the PSAR based methods. Let's keep an eye on those.
3. Profitability. As we get more data points, let's start to analyze which methods are working best for us.
4. Time effects. Is market open on Sunday overly volatile? Should we have a setting to allow us to delay taking on new positions until Monday? Should we have the option to close all open positions (if in profit, perhaps) on Friday?

Rick
  • #5,376
  • Mar 9, 2008 9:49pm Mar 9, 2008 9:49pm
Quoting rmyers
Hi All,

Beta 14 was released a few posts ago and we should run with that this week. I am currently working on:

1. Scale out in loss
2. The final position of the scale out in profit will be allowed to continue with a trailing stop of it's own
3. Handle 1/10 pip brokers

Rather than add functionality, I think we should focus on:
1. Robustness - are we getting any order errors? I want to eliminate all errors.
2. Correctness. Are our MM/RM methods working correctly? I am especially interested in the PSAR based methods. Let's keep an eye on those.
3. Profitability. As we get more data points, let's start to analyze which methods are working best for us.
4. Time effects. Is market open on Sunday overly volatile? Should we have a setting to allow us to delay taking on new positions until Monday? Should we have the option to close all open positions (if in profit, perhaps) on Friday?

Rick
The only thing that I noticed that looks a little odd is the wide disparity of lots opened per trade. See sntest
  • #5,377
  • Mar 10, 2008 6:42am Mar 10, 2008 6:42am
Quoting orion70
The only thing that I noticed that looks a little odd is the wide disparity of lots opened per trade. See sntest
Hi Orion,

Most EA's don't calculate risk properly. They take n% of the current balance or equity, but the correct calculation of risk needs to be based on maximum allowable loss. So the real risk calculation needs to take the stoploss into account. Our SL is ATR based, so we actually allocate lots based on a the 14 day ATR. This means that not only do we take into account the seasonal changes in volatility for each pair individually, we also take the volatility of the different pairs into account. So our lot allocations for the EURGBP and GBPJPY will be different because of the volatility of the pairs as expressed in the ATR. This means that 3% is teh same for both those pairs. Despite the huge differences in volatility. They both have the same profit/loss potential because of the lot calculations.

Rick
  • #5,378
  • Mar 10, 2008 7:01am Mar 10, 2008 7:01am
Quoting rmyers
Hi Orion,

Most EA's don't calculate risk properly. They take n% of the current balance or equity, but the correct calculation of risk needs to be based on maximum allowable loss. So the real risk calculation needs to take the stoploss into account. Our SL is ATR based, so we actually allocate lots based on a the 14 day ATR. This means that not only do we take into account the seasonal changes in volatility for each pair individually, we also take the volatility of the different pairs into account. So our lot allocations for the EURGBP and GBPJPY will be different because of the volatility of the pairs as expressed in the ATR. This means that 3% is teh same for both those pairs. Despite the huge differences in volatility. They both have the same profit/loss potential because of the lot calculations.

Rick
Very cewl, Rick!
I saw that you weighed the entries, but this explanation shows it really is better than I thought!
Be back in a second - lunch!!

Ciao
Matt
  • #5,379
  • Mar 10, 2008 8:09am Mar 10, 2008 8:09am
Did anyone get any trades starting from Sunday or today on the 4 hour charts? I have all the 4 hour presets loaded successfully but no trades yet.
  • #5,380
  • Edited 11:13pm Mar 10, 2008 10:06pm | Edited 11:13pm
Quoting azjeff
Did anyone get any trades starting from Sunday or today on the 4 hour charts? I have all the 4 hour presets loaded successfully but no trades yet.
Yes, ywo very successful trades one on the EUR/JPY and one on the GBP/JPY the EUR/JPY has worked perfectly it has scaled out over $600 in profit and is still in the trade with just under one lot with 188 pips in profit. go to the link for the tester reports under pipsqueaker.

As a matter of fact pretty much all of the results on there would sack the boss

Great Job Rick
Ken Pipsqueaker "See you on the Pipside"
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