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Simplicity is the Key

  • #2,801
  • Apr 28, 2008 7:47am Apr 28, 2008 7:47am
Quoting MPP
it's a metatrader platform demo - no broker, don't know who is feeding there server.
If you go to File --> Login, do you see a pre-populated server there?
  • #2,802
  • Apr 28, 2008 7:49am Apr 28, 2008 7:49am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting Mantorp
If you go to File --> Login, do you see a pre-populated server there?
servers available are Metaquotes and MIG, so must be a MIG feed i guess
  • #2,803
  • Apr 28, 2008 8:42am Apr 28, 2008 8:42am
Ultimate doesn't like Mondays
  • #2,804
  • Apr 28, 2008 9:51am Apr 28, 2008 9:51am
Quoting Mantorp
Ultimate doesn't like Mondays
The EA, in the early stage of the market have to suffer some losses. REason being that the EA requires a sense of balance from other cpair which obviously you dont have at the beginning of the trading (eg Sunda,Monday) but once all the currency are in play it achieve the sense of balance that it requires. If you think you just trade starting Tuesday because Monday it doesnt do good, it is a flawed assumption. If you just start Tuesday the same situation will be require by the EA, sense of balance which also he doesnt have at the start of the EA. The only thing i can think of the counter this is to keep the trade open even on weekends. Obviously a lot of us do not want that. But that is the only way to keep the balance. If we do that, it is only at one time that the EA have no sense of balance, that is at the initial start of it. I remember Malarraz had his trade open this weekend, i really like to know what happend. Malarraz -- we want to know the status of your trade this Monday.
  • #2,805
  • Apr 28, 2008 10:16am Apr 28, 2008 10:16am
The faster the EA can achieve the sense of balance the better. That is the reason why I want my EA open minutes before my broker open on Sunday. Then when volatility is achieve before the London Open on Monday, I have achieve the sense of balance early in the game, and i know it will be a good week. In spite of all of this, the required balance is normally achieve around Monday, and then the fun begin. Also remember that turning off and on the EA is not good to trades. everytime you turn it off, the variables will reset and when you turn it on, it is like restarting again. It can also happend if we loss power supply to our PC, or the notoriuos updates of MS while you are sleeping. The losing of connection to your broker server is not a problem for the EA unless it is not more than an hour. Well that about the info on the EA. I will post if i can recall some vital points.
  • #2,806
  • Apr 28, 2008 10:23am Apr 28, 2008 10:23am
Moreover, the choppiness of the market also contribute to our woes. The balance is hard to achieve in a choppy market because of quick change in the value of the trend since the calculation requires at least 2 candles to determine.
  • #2,807
  • Apr 28, 2008 10:28am Apr 28, 2008 10:28am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
i wondered about leaving the trades open and the EA on, would this make mondays better, afterall on fridays we are closing incomplete trades down,

purhaps we should trade on fridays and close trades in the plus down as we switch off the EA starting earlier on fridays - easy for me i'm on uk time. i can handle one day of trading each week.LOL
  • #2,808
  • Apr 28, 2008 10:29am Apr 28, 2008 10:29am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting trader101
Moreover, the choppiness of the market also contribute to our woes. The balance is hard to achieve in a choppy market because of quick change in the value of the trend since the calculation requires at least 2 candles to determine.
Bonus then, if it works when the market is this bad, the results will be amazing when the flows settle down again.
  • #2,809
  • Apr 28, 2008 10:30am Apr 28, 2008 10:30am
Quoting trader101
The EA, in the early stage of the market have to suffer some losses. REason being that the EA requires a sense of balance from other cpair which obviously you dont have at the beginning of the trading (eg Sunda,Monday) but once all the currency are in play it achieve the sense of balance that it requires. If you think you just trade starting Tuesday because Monday it doesnt do good, it is a flawed assumption. If you just start Tuesday the same situation will be require by the EA, sense of balance which also he doesnt have at the start of the EA. The only thing i can think of the counter this is to keep the trade open even on weekends. Obviously a lot of us do not want that. But that is the only way to keep the balance. If we do that, it is only at one time that the EA have no sense of balance, that is at the initial start of it. I remember Malarraz had his trade open this weekend, i really like to know what happend. Malarraz -- we want to know the status of your trade this Monday.
I also kept my trades on FXDD open over the weekend. So far, over $529.00 in losses. Balance went from the $3926.62 down to the $3390 range. I'll report again once I get home to review the status of the account.
  • #2,810
  • Apr 28, 2008 10:39am Apr 28, 2008 10:39am
Quoting trader101
The EA, in the early stage of the market have to suffer some losses. REason being that the EA requires a sense of balance from other cpair which obviously you dont have at the beginning of the trading (eg Sunda,Monday) but once all the currency are in play it achieve the sense of balance that it requires. If you think you just trade starting Tuesday because Monday it doesnt do good, it is a flawed assumption. If you just start Tuesday the same situation will be require by the EA, sense of balance which also he doesnt have at the start of the EA. The only thing i can think of the counter this is to keep the trade open even on weekends. Obviously a lot of us do not want that. But that is the only way to keep the balance. If we do that, it is only at one time that the EA have no sense of balance, that is at the initial start of it. I remember Malarraz had his trade open this weekend, i really like to know what happend. Malarraz -- we want to know the status of your trade this Monday.
How do I attach the statement file? HTM format is not allowed.
Miguel
  • #2,811
  • Apr 28, 2008 10:47am Apr 28, 2008 10:47am
Ok those are the specification of these two EA (Ultimate & Delight). it will works very well after all the currencies have been traded already win or loss. It doesnt work well if the traded currencies is less than 7. It still works but not so good. Every currency pair should be able to get into the basket and then the EA recognizes that currency and will call on it when required.
  • #2,812
  • Apr 28, 2008 10:48am Apr 28, 2008 10:48am
Quoting malarraz
How do I attach the statement file? HTM format is not allowed.
Miguel
zipped it first the attached the zipped file
  • #2,813
  • Apr 28, 2008 11:07am Apr 28, 2008 11:07am
Quoting trader101
The EA, in the early stage of the market have to suffer some losses. REason being that the EA requires a sense of balance from other cpair which obviously you dont have at the beginning of the trading (eg Sunda,Monday) but once all the currency are in play it achieve the sense of balance that it requires. If you think you just trade starting Tuesday because Monday it doesnt do good, it is a flawed assumption. If you just start Tuesday the same situation will be require by the EA, sense of balance which also he doesnt have at the start of the EA. The only thing i can think of the counter this is to keep the trade open even on weekends. Obviously a lot of us do not want that. But that is the only way to keep the balance. If we do that, it is only at one time that the EA have no sense of balance, that is at the initial start of it. I remember Malarraz had his trade open this weekend, i really like to know what happend. Malarraz -- we want to know the status of your trade this Monday.
Lots: .19
Closed trades 685 pips down, -954$.
Open Trades 6 pips down, +2$.
Miguel
Attached File(s)
File Type: pdf Statement.pdf   51 KB | 370 downloads
  • #2,814
  • Apr 28, 2008 11:59am Apr 28, 2008 11:59am
I discovered this thread on this weekend and first of all
i would like to congratulate trader 101 for his excellent work.

I started to Demo test with the 14 currencies suggested on Activtrades the three ea´s of trader, which one on a different terminal.

I will test as suggested by trader (start before the market open and leave it open during all the weekend).

I will post the statements at the end of the week.

I believe the best think to do is try some different combinations and compare the statements.

I also can test with different suggestion or with different broker. Just let me know.

Sorry for bad english
  • #2,815
  • Apr 28, 2008 4:26pm Apr 28, 2008 4:26pm
Here are my FXDD demo results:

EAs effected on 20th 6 pm EDT. Ult, Del & Best run separately on 3 FXDD demo accounts, 1:200, $10,000 starting Balance/Equity each.

15 pairs: GU, GJ, UJ, AJ, EJ, EU, Uchf, UC, EC, EG, CJ, AU, NU, Echf, Gchf. Hourly charts.

1st day: @ 5pm EDT 21st April 2008:
- Ult: Balance $10,848, Equity $10,820 Margin $978
- Del: 10,788 10,787 978
- Best: 9,963 9,867 296

2nd day: @ 5 pm EDT 22nd April:
- Ult: 10,740, 10,440 1,032
- Del: 10,699 10,357 983
- Best: 10,138 10,032 574

3rd day: @ 5 pm EDT 23rd April:
- Ult: 10,444, 10,160 934
- Del: 10,420 10,093 934
- Best: 9,691 9,625 498

4th day: @ 5 pm EDT 24th April:
- Ult: 10,840, 10,890 551
- Del: 10,756 10,816 452
- Best: 9,660 9,632 235

5th day: @ 3:30-3:40 pm EDT 25th April:
- Ult: 10,433, 10,433 0
- Del: 10,520 10,520 0
- Best: 9,305 9,305 0

#5th day ... all trades closed @3:30-3:40 pm for weekend per T101's suggested Option 2. EAs removed... On Sunday April 27 EAs attached and effected before 6 pm EDT, FXDD's market open time. #


6th day: @ 5 pm EDT 28th April:
- Ult: $9,973 $9,775 $1,022
- Del: 10,040 9,846 982
- Best: 9,152 8,996 747

Another down day but nothing to be frustrated. Just follow the "euity" numbers. We lost one day and gained back another... today's loss was relatively small.

Cheers, RS
  • #2,816
  • Apr 28, 2008 9:54pm Apr 28, 2008 9:54pm
Quoting trader101
This revision is done specially for Pipruler and the rest that are using miniaccount(Currencypairs with "m" at the end eg. "EURUSDm") of IBF.
But it can be used also for other broker. Pipruler -- you can use this immediately.. just drag this to your chart and it will replace the other. Seamless replacement.
Hi,
I want to use this EA trade 6 pairs for my mini live account,do u think possible with profit,which setup shall be,master?

tks
  • #2,817
  • Apr 28, 2008 9:59pm Apr 28, 2008 9:59pm
Hi all,
This thread help me very much.
I can not wait just put my real money for trial.
Hope you all could instruct me which EA will be most stable and profitable with detailed setup pls.

tks
ele
  • #2,818
  • Apr 29, 2008 1:24am Apr 29, 2008 1:24am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting ele
Hi all,
This thread help me very much.
I can not wait just put my real money for trial.
Hope you all could instruct me which EA will be most stable and profitable with detailed setup pls.

tks
ele
The EA's all timeout on 10th may, so demo test one, but you'll have to wait for final release before using it long term on real account.
  • #2,819
  • Apr 29, 2008 7:20am Apr 29, 2008 7:20am
Quoting ele
Hi,
I want to use this EA trade 6 pairs for my mini live account,do u think possible with profit,which setup shall be,master?

tks
Nobody can assure you that you will be profittable using my EA. Remember forex is a high risk business and you could always loss, make sure that you can afford what you can loss. All discussion about the EA usage should be in a PM. Not in the posting. Thanks
  • #2,820
  • Apr 29, 2008 7:48am Apr 29, 2008 7:48am
I was looking at our previous week trades with NF, I made a total of 117 trades for purposes of computations say 3 pips as the spread that is a whooping 351 pips that we pay the broker.. Wow. That could have been included in our winnings. My point is .. the selection of broker based on the spread it offers should be an important factor. Any broker that has the least possible spread???
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