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5 Min Keltner System

  • #361
  • Jun 20, 2008 1:20pm Jun 20, 2008 1:20pm
Funny movement in the mkt today nice moves but few signals..

here are the signals for 5min confirmed by 15min as outlined in my last couple posts.

If using the 15 min stoch to close..ie when we go short on the 5min and the 15 min stoch is also over bought we close using the stoch on the 15min time frame when it reaches over sold we close...

But

What happens if it doesnt get to over sold and just reverses before geting below 20..easy one this when you go short on the 5min bring your trade to break even when we hit the bottom keltner line on the 5min..if we reverse on the 15min now we are at break even..we only want the best signals getting through using this 5/15 stoch combination.

Result +9 +9 +0 +0 +0 +31 +0 = +41

here are today signals..
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  • #362
  • Jun 20, 2008 1:25pm Jun 20, 2008 1:25pm
Today I let the EA work for the whole day but it didn't come out this :|

Am I doing something wrong?
  • #363
  • Jun 20, 2008 3:30pm Jun 20, 2008 3:30pm
I dont know what the EA is looking for..who wrote it and what is it looking for ?

Paulus
  • #364
  • Jun 20, 2008 3:59pm Jun 20, 2008 3:59pm
Paulus,
I thought you were testing this EA as well, and know all about it. You must be losing your mind?

It's the one david wrote for this system, which you had stated you were going to play with as well.

Anyhow, we need to redo some settings, as it's performing pretty badly.
1win 9 losses today for a total of about -65 pips today

Hopefully, we can get this thing fine tuned with your help.
  • #365
  • Jun 21, 2008 12:55am Jun 21, 2008 12:55am
can u post the latest ea plse Ive had a lot of personal stuff going on here also a chart of yest with the 65 pip loss would be good with clear arrows showing entries and i can take a look.

I'm still not out the woods here so i wont be firing on all cylinders..

Paulus
  • #366
  • Jun 21, 2008 10:39am Jun 21, 2008 10:39am
Paulus, no problem on the not firing on all cylinders, I know you have alot going on with your family and I appreciate that. My comment was purely joking, and forgot about your daughter when I typed it, so please ignore it.

Anyhow, here are my charts for 6/20. Hopefully they are clear enough. If not let me know how I can make them better and I will.

Without extensive testing (have been concentrating on other things) but it seems to me your original method of placing the order with 10 seconds left of the next bar as long as it's a down bar for shorts and an up bar for longs seems to fair pretty well. Also having the TP at the opposite k band, and stop 1 pip below signal bar low.

Maybe these are options we can discuss and play with with the EA to come up with a winner.

Anyhow, here are the charts
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  • #367
  • Jun 21, 2008 7:51pm Jun 21, 2008 7:51pm
Something is not right there. It should not be taking those trades, and your stochastic looks strange. Next time you get a trade that does not conform to the rules, take a snapshot (make sure it showes the info in the left so I can figure out what is going on).

Anyway, here is what my chart looks like. Notice where put the red line. It looks like that would be around 20:10 on your chart, your is just coming out of overbought, and mine has been oversold, and just ticked up for the buy signal.
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"No man is free who is not master of himself"
  • #368
  • Jun 21, 2008 11:19pm Jun 21, 2008 11:19pm
Well, not quite sure what's going on. I put all the files you provided in your last post, as well as your template on a demo account and let it run. So I assumed it would be the exact same setup you had going.
Maybe we need to verify all settings with each other?
Not sure why they would be different if I am using your template.
Any ideas?
I did change the minimum SL to 1.0 and the limit to 0.0, but I am not sure when I did that now :/
I'll return it to stock form before the session starts tomorrow. I have no idea why this would affect the stoch though.
Any ideas?
  • #369
  • Jun 22, 2008 2:37am Jun 22, 2008 2:37am
Hi

This is still a problem it seems..different charts but same swap and time frame

I have counted the 5min bars past the big down candle (12) and have placed my vertical line at the same point,as you can see it no way corrospondes to your chart.This we found was a major problem in Futures I thought in Forex it wouldn't be.

This chart is from Alpari

If we all use MT4 but with different brokers then we will have different results.I don't think we can post and compare the Ea's results on our charts ..more I think we need to look at did the EA pick out the right signal at the right time.

It may well be that Monday I get a profit and you a loss..its not down to the EA but the data on our individual charts ,although the EA may still require work and I note you dont use the Dinap stoch any more

Still on lmt time here sorry

paul
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  • #370
  • Jun 22, 2008 9:11am Jun 22, 2008 9:11am
Hi Paulus,
I am not sure who you were referring to about not using the dinapoli, but it's on both David's and my charts. The RSI isn't on the charts, but his EA is still using the info from it he says.
I guess I am not sure how to proceed from here. I guess when I am actually here and have time to manually trade the system I will try, and keep tabs on the EA as well to see if we can't fix the problems.
The biggest issue that I can see at the moment is the stoch being so different for me, as compared to you guys. I have no idea why this would be. Hopefully we can figure it out.
  • #371
  • Jun 22, 2008 1:55pm Jun 22, 2008 1:55pm
Quoting Paulus
Hi

This is still a problem it seems..different charts but same swap and time frame

I have counted the 5min bars past the big down candle (12) and have placed my vertical line at the same point,as you can see it no way corrospondes to your chart.This we found was a major problem in Futures I thought in Forex it wouldn't be.

This chart is from Alpari

If we all use MT4 but with different brokers then we will have different results.I don't think we can post and compare the Ea's results on our charts ..more I think we need to look at did the EA pick out the right signal at the right time.

It may well be that Monday I get a profit and you a loss..its not down to the EA but the data on our individual charts ,although the EA may still require work and I note you dont use the Dinap stoch any more

Still on lmt time here sorry

paul

Ok, I figured out why they are off... had me stumped for a while. Mine is on my interbank account, and they were down for a long time. So there are missing bars in mine. See that gap, there should be some bars in there, but they were down, and they were left out.
"No man is free who is not master of himself"
  • #372
  • Jun 22, 2008 8:22pm Jun 22, 2008 8:22pm
Is this signal valid and if so, why did the EA not take it?
I did it manually, waited til bar closed, placed market order, set SL to the low of the signal bar, and TP to the top K line.

Also, does my stoch look right now? I loaded a different one, and set it to 5/3/2 and close/close, not sure if it's correct.
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  • #373
  • Jun 22, 2008 9:25pm Jun 22, 2008 9:25pm
I am using FXDD and your stoch. is identical to mine.
  • #374
  • Jun 22, 2008 9:43pm Jun 22, 2008 9:43pm
Quoting tazmaan
Is this signal valid and if so, why did the EA not take it?
I did it manually, waited til bar closed, placed market order, set SL to the low of the signal bar, and TP to the top K line.

Also, does my stoch look right now? I loaded a different one, and set it to 5/3/2 and close/close, not sure if it's correct.

Your chart looks better now. I am not sure why your other one didn't work right.


It looks like it gapped up, so it didn't get in. You would need to put in a limit of -1 to get that trade. That is the only thing I can see.
"No man is free who is not master of himself"
  • #375
  • Jun 22, 2008 10:59pm Jun 22, 2008 10:59pm
David,
Here is one that your EA did. See if it follows the rules you think it should. Losing trade.
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  • #376
  • Jun 23, 2008 7:09am Jun 23, 2008 7:09am
Quoting tazmaan
David,
Here is one that your EA did. See if it follows the rules you think it should. Losing trade.

I think that is a valid entry. What do you have your limit set at? It looks like 2, but I thought you said earlier you had it at 0?
"No man is free who is not master of himself"
  • #377
  • Jun 23, 2008 7:27am Jun 23, 2008 7:27am
Yeah, I changed it all to your default settings so we could see how it performs as is.
I don't think it's very profitable as is, so hopefully we can tweak this as we go to increase it's win rate.
Looking foward to paulus taking a look to see what changes we can make to have the EA follow how he trades more closely.
  • #378
  • Jun 23, 2008 7:57am Jun 23, 2008 7:57am
This strategy has really advanced, all the way to an EA. If I can ask, what is the current manual trading method for this keltner channel? Are there screens, and indy's to go along with it?

thanks
  • #379
  • Edited 11:30am Jun 23, 2008 11:02am | Edited 11:30am
Made this strategy in EA is not so hard, but the problem is use fix parameter, don't you think that trade against a trend, like on EU is dangerous?beacause eu is a very trending market.
But if u use a small stop this became a scalper sistem, i don't undertand where you put your stop?
You say that the stop is below the candle where u open the trade, but this mean that u have a variable stop that depend of volatility but fix gain, this is true?
This pic is made today on 5 min.
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  • #380
  • Jun 23, 2008 11:31am Jun 23, 2008 11:31am
in ref to post 376 by taz

Sorry to flit in and out but alot pf personal baggage going on right now.
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