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Attachments: 39/39 HI/LO SYSTEM
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39/39 HI/LO SYSTEM

  • #161
  • Mar 18, 2008 12:19pm Mar 18, 2008 12:19pm
Smooth sailing,here. Great EA - pulling down good profits on a regular
basis. My tester is so screwed up that I'm going with forward-testing
only, at this point. Seems like the later platforms only go back so far.
I can't get mine to back-test more than three months.

Anyway, I like what I'm seeing. Looking forward to the next release.

Rob
  • #162
  • Mar 18, 2008 1:20pm Mar 18, 2008 1:20pm
hey ksailer..... actually that is the very need for backtesting..... when we look at an indicator on the chart, sometimes it's difficult to see if it's adjusting.....

if we visually find an indicator giving seemingly perfect signals, it might save some grief by first building an ea to test it out before diving in with real money.....

when we backtest, then overlay the perfect indicator on the chart and the signals now don't match our trades, we can tell something's up......

that's doesn't mean the indicator has no value but it does expose a need for backtesting.....

a perfect example is the indicator floatin around called the 'zig zag correct' .... it looks perfect on the chart but can look less than in a backtest....

so, bottom line is, backtesting repainting indicators is helpful in keeping our feet on the ground......h
to trade and code, keep both simple... no call to impress....h
  • #163
  • Mar 18, 2008 3:17pm Mar 18, 2008 3:17pm
to hayseed: I agree... what I said wasn't meant as an offense... I was really suprised that the indicator was adjusting itself,(up to now I never came across an indicator that adjusts itself in this manner)

I also have to mention that I tried to use the indicators without the EA today and was trying to find a way to use it and it seemed pretty easy ... you sell on the blue dot and you buy on the red dot, and since we are in forex here if something is too good to be true there is always a problem involved.

And so I had to learn that the dots are moving and therefore in the aftermath always fit the market movement, yet the adjustment sometimes is not that big and in these cases the indicator is quite useful. So I also think that there is a good value to these indicators.

Maybe you can help me and advice me how to handle it when the indicator adjusts, because that's kind of my problem when I see the red/blue dot it is a signal and I set everything up and than the dots move to the next bar. Especially when you put your EA on sell only after the blue dot apears on the daily chart, so for 24h the EA will produce sell orders and the chart moves up and the next day the blue dot just moves to the next daily bar. So you got stopped out a couple times and according to the indicators ( in the aftermath ) you should have never actived the EA.

so don't get me wrong I am not trying to disvalue your system/EA/indicators, just wanna know how to do it right

thanks
  • #164
  • Edited 5:16pm Mar 18, 2008 4:54pm | Edited 5:16pm
Quoting jr2007
Will do, when I receive a signal.
GBPJPY
I received a signal from the 4 hr charts earlier, and the Daily chart is showing a signal as I type this. I have placed the EA (Long only), on the 5 min chart, and a trade has opened.
  • #165
  • Mar 18, 2008 5:42pm Mar 18, 2008 5:42pm
Quoting jr2007
GBPJPY
I received a signal from the 4 hr charts earlier, and the Daily chart is showing a signal as I type this. I have placed the EA (Long only), on the 5 min chart, and a trade has opened.
what type of signal do you get on the daily chart??? I don't see anything on my daily chart as far as indicators and signals are concerned.....??
  • #166
  • Edited 11:52pm Mar 18, 2008 5:53pm | Edited 11:52pm
Quoting Ksailer
what type of signal do you get on the daily chart??? I don't see anything on my daily chart as far as indicators and signals are concerned.....??
Although I entered a trade, I did go against the rules as far as the MT-lsar IS concerned. I am demoing it anyway. So, I did go against my rules. But, for now demo time, nothing is set in stone.
http://www.forexfactory.com/attachme...1&d=1205880787
Attached Image
  • #167
  • Mar 18, 2008 6:03pm Mar 18, 2008 6:03pm
Ksailer, I know you are waiting for a response from jr, but going back to how to use SilverTrend with LSAR... I'm basically using jr's original rules for the daily chart with SilverTrend filtered by LSAR. What I'm doing differently though, is I'll reconfirm the signals at the start of each session (Asia, Europe, US), and also at least at the open of the new daily bar.

If I get word of a stiff move in markets, I will check back if I can to make sure nothing is changing too much.

So, it isn't hands off by any means. But I think I'm looking at the most critical times. That is the best I can do without having an EA to monitor it all for me. I know I probably could have done better if I could watch 100% of the time. But just remember, no matter what you do, you will lose some, and you will miss some.
  • #168
  • Mar 18, 2008 6:11pm Mar 18, 2008 6:11pm
Quoting jr2007
Although I entered a trade, I did go against the rules as far as the MT-lsar IS concerned. I am demoing it anyway. So, I did go against my rules. But, for now demo time, nothing is set in stone.
http://www.forexfactory.com/attachme...1&d=1205880787
now I got it... ( sometimes I have the problem that the chart is at the bottom of the window and so the dot doesn't show up!!crap!!)

but yes, big winners today. I actually left the EA to buy AND sell than I made about 500+ on 2 long trades ( 500 each) and right now I am up with about 100 each ( 2 long trades again) ... so perfect!!!

I got another question concerning the EA ... on march 14th I had to huge winning trades ( they closed on march 14th ) and after that there was a retracement phase and I got stopped out on about 6 or 7 sell entries!! did the same thing happen to you?????

thx
  • #169
  • Mar 18, 2008 6:13pm Mar 18, 2008 6:13pm
Today I have earned over $1000 on GBP/JPY.

great EA and method.
  • #170
  • Mar 18, 2008 6:20pm Mar 18, 2008 6:20pm
Quoting Qman
Ksailer, I know you are waiting for a response from jr, but going back to how to use SilverTrend with LSAR... I'm basically using jr's original rules for the daily chart with SilverTrend filtered by LSAR. What I'm doing differently though, is I'll reconfirm the signals at the start of each session (Asia, Europe, US), and also at least at the open of the new daily bar.

If I get word of a stiff move in markets, I will check back if I can to make sure nothing is changing too much.

So, it isn't hands off by any means. But I think I'm looking at the most critical times. That is the best I can do without having an EA to monitor it all for me. I know I probably could have done better if I could watch 100% of the time. But just remember, no matter what you do, you will lose some, and you will miss some.


I was also waiting for your response ;-)
so you are saying that you look at the daily chart when the bar opens ( so in 45 minutes) and whenever a session starts...

Does it happen a lot that the dots disappear and move to the following bar on the DAILY chart ( i watched the 5 minute and 15 minute chart and it happened frequently)

thanks a lot for your great help
  • #171
  • Mar 18, 2008 9:29pm Mar 18, 2008 9:29pm
Ksailer, I've only been looking at daily charts, and even then, only for the last 3 or 4 trading days. Not much opportunity to watch dots draw... So I don't know how often it happens. I just know I've seen lots of changes before some market openings, and that tends to be the most active time. I'm still having problems managing the decisions for all of the pairs I'm watching. But I've seen that if I watch them all, there will be quiet times, like now -- middle of the Asian session, where the number of pairs "tradeable" gets small... And then right before Europe opens (or London) or the US market... it changes alot. Lots more to choose from. I'm hoping an EA will help me. I also know I'm messing it up because I'm trying to do so much in the relatively small amount of time I can really concentrate on this.

Anyway, I'm still happy. This system isn't fully responsible for the gains in this little trial account I'm running, but I am up about 15% in the last 3 trading days. Could easily have been more if I could devote more time and focus.
  • #172
  • Mar 18, 2008 11:27pm Mar 18, 2008 11:27pm
So you're looking at the 4 hour now for the set up signal -- which are the shi dots above/below and LSAR above/below and then setting the EA to the appropriate direction on the 5 min? And on the 5 minute, the EA is looking for breaks of the 39/39?

Quoting jr2007
At the moment (subject to change)
4hr for signal
5 min for EA set up
  • #173
  • Mar 18, 2008 11:29pm Mar 18, 2008 11:29pm
Qman, are you placing the EA on the 30 min or 5 min?

Quoting Qman
The dots can appear and disappear at any time. This indicator repaints. At some point the dots are "fixed" in place, but I don't know where that is... some certain number of bars later. But I've seen them come on with the open of a bar. I've also left the chart, come back later and find the dot has disappeared. This leads me to believe there is at least a chance they can change from one side to the other. So you have to realize this, and I think it would probably be more maddening on lower timeframes. I'm focused on the daily chart right now, and I thought I was losing my mind yesterday morning. See my last post. I wrote that before leaving work. Drove home, did all the normal things, got tied up with family stuff, and then didn't get to looking at the charts until 6 or 7 hours later... right around the London open. Boom! Suddenly there are only 4 pairs with LSARs and Silvertrends not in agreement. Too many for me to handle before climbing into bed. Only switched on a couple....

... But I've still made another 8 or 9 percent -- so far today. Had a bit more time this morning, so I've now got everything switched on..... Probably going to blow the account with the Fed announcement later this morning; but you'll never know for sure unless you check it out.

Everything I've put on is a .01 lot, so the system is performing pretty well for me to be getting these kinds of returns...

I can hardly wait to see what Hayseed is going to roll out.
  • #174
  • Mar 18, 2008 11:37pm Mar 18, 2008 11:37pm
Were you long against the LSAR?

Quoting Lasu
Today I have earned over $1000 on GBP/JPY.

great EA and method.
  • #175
  • Mar 18, 2008 11:50pm Mar 18, 2008 11:50pm
Quoting BenQ
So you're looking at the 4 hour now for the set up signal -- which are the shi dots above/below and LSAR above/below and then setting the EA to the appropriate direction on the 5 min? And on the 5 minute, the EA is looking for breaks of the 39/39?
Exactly, you got it - but lets not forget to set Longs only, or Shorts only on the EA settings.
  • #176
  • Edited Mar 19, 2008 12:37am Mar 18, 2008 11:54pm | Edited Mar 19, 2008 12:37am
[quote=jr2007;1911060]Although I entered a trade, I did go against the rules as far as the MT-lsar IS concerned. I am demoing it anyway. So, I did go against my rules. But, for now demo time, nothing is set in stone.

http://www.forexfactory.com/attachme...1&d=1205905023

UPDATE: I went against my rules, and lost. Like I said, it was a demo, back to the drawi....I mean testing board.
Attached Image
  • #177
  • Mar 19, 2008 6:54am Mar 19, 2008 6:54am
What's the time specific input in the EA? And with your 4 hour and 5 minute entry strategy, are you leaving the max trades at 2?
  • #178
  • Mar 19, 2008 9:46am Mar 19, 2008 9:46am
Here's a chart of some entries the EA opened for me. Did it open the first trade late? The bar before my entry opened below the 39 -- just barely though. Can you tell me what the entry rule is?
Attached Image (click to enlarge)
Click to Enlarge Name: 3939.png Size: 9 KB
  • #179
  • Mar 19, 2008 9:40pm Mar 19, 2008 9:40pm
Quoting BenQ
Here's a chart of some entries the EA opened for me. Did it open the first trade late? The bar before my entry opened below the 39 -- just barely though. Can you tell me what the entry rule is?
Sorry I haven't posted sooner, family crisis. Anyway, yes it should be the first candlestick opening outside the channel. I may have overlooked it on the EA. I will check on it when I have some time. Thanks.
  • #180
  • Mar 20, 2008 6:23pm Mar 20, 2008 6:23pm
Hope all's well for your family now!
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