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  • #21
  • Feb 9, 2007 6:10am Feb 9, 2007 6:10am
Ok, so I am in the canusd and audjpy trade right now.

looks like the ea got me in at the bottom of the bar. would be nice if it could get us in right when it crosses the two red lines.

On the audjpy, I would not have entered yet...but it entered. In my view of things, the yellow had not crossed the two reds.

Thoughts?

BP
  • #22
  • Feb 9, 2007 6:19am Feb 9, 2007 6:19am
Yup Mine Opened USDCAD and AUDJPY just now both sell. trades looks right according to my indicators. EA opens the trade even if the cross is just small, as long as the value of the yellow line is less than the 2 MAs it will sell, I did this so EA will get in as early as possible. We could later improve this by putting MinimumCrossDistance, but for now lets jsut see how it works out...

-Mikhail
  • #23
  • Feb 9, 2007 6:33am Feb 9, 2007 6:33am
Cool! USDCAD just hit TP! AUDJPY is still open...
  • #24
  • Feb 9, 2007 6:49am Feb 9, 2007 6:49am
Quoting mikhaildgreat
Cool! USDCAD just hit TP! AUDJPY is still open...
Yep...me too....audjpy still open....

Good job on the first trade Mikhail.

BP
  • #25
  • Feb 9, 2007 6:56am Feb 9, 2007 6:56am
I did a 2 year backtest with Alpari data for EURUSD with my EA and the EA of Mikhail.

No MM, 0.1 Lot and the rest standard settings.

Both results are NOT promising.
Attached Images
Attached File(s)
File Type: zip HF_Pouria_EURUSD.zip   20 KB | 431 downloads
File Type: zip Pouria_EA_EURUSD.zip   36 KB | 434 downloads
  • #26
  • Feb 9, 2007 7:02am Feb 9, 2007 7:02am
Quoting parabolic
I did a 2 year backtest with Alpari data for EURUSD with my EA and the EA of Mikhail.

No MM, 0.1 Lot and the rest standard settings.

Both results are NOT promising.
Interesting...dont have time to look at this....going out. But interested in more comments on parabolic's posting.

BP
  • #27
  • Feb 9, 2007 7:03am Feb 9, 2007 7:03am
Ok...so both trades that the EA triggered this morning closed profitably.

Let's see what else today brings.

BP
  • #28
  • Feb 9, 2007 7:08am Feb 9, 2007 7:08am
Quoting parabolic
I did a 2 year backtest with Alpari data for EURUSD with my EA and the EA of Mikhail.

No MM, 0.1 Lot and the rest standard settings.

Both results are NOT promising.
LOL! At least the equity curve of our EAs are similar

You think there is hope for this strategy?

-Mikhail
  • #29
  • Feb 9, 2007 7:12am Feb 9, 2007 7:12am
Quoting forig
в директорию экспертов и перезагрузить МТ4, только он сливает безбожно, чего и следовало ожидать
Put in path directory of experts and reload МТ4, hopefully it should go.
  • #30
  • Feb 9, 2007 7:20am Feb 9, 2007 7:20am
Quoting lexazver
ну я так и сделал , только не понятно он загружается или нет...график таким же остается как и первоначально ничего не меняется.
Well, I have made it, only not clear if it is loaded or not... The schedule remais the same as the original - nothing changed.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Didn't think we have our friends from Russia or former USSR here ! !
Nice to meet you guys here. Have read a lot of interesting stuff from your local forum. Great informations ! !
And Thanks
Spasibo
  • #31
  • Feb 9, 2007 7:32am Feb 9, 2007 7:32am
Quoting mikhaildgreat
LOL! At least the equity curve of our EAs are similar

You think there is hope for this strategy?

-Mikhail
I did another 2 year backtest on EURCHF.
As recommended 1H timeframe, Target and SL 15 Pips.

Not much hope for this strategy after looking at the equity curve...
Attached Image
Attached File(s)
File Type: zip Pouria_EA_EURCHF.zip   22 KB | 388 downloads
  • #32
  • Feb 9, 2007 7:36am Feb 9, 2007 7:36am
Quoting parabolic
I did another 2 year backtest on EURCHF.
As recommended 1H timeframe, Target and SL 15 Pips.

Not much hope for this strategy after looking at the equity curve...
LOL, what a beautiful downward equity curve! you think it will work if we reversed the signal?

-Mikhail
  • #33
  • Feb 9, 2007 7:40am Feb 9, 2007 7:40am
Mikhail, one thing ive noticed is that your EA opens orders before candle closes i mean as soon as cross happens it opens a trade but the candle can close in the way that setup wouldnt happen , which brongs me to another point , i checked the chart that STRATEGY TESTER gave me and sometimes positions open when EMA5 crosses only one of the red lines and not the other which give negative trades but if you wait untill it crosses fully and then enter at the open of a new candle it gives good entry.
  • #34
  • Feb 9, 2007 7:41am Feb 9, 2007 7:41am
Quoting highway3000
Well, I have made it, only not clear if it is loaded or not... The schedule remais the same as the original - nothing changed.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Didn't think we have our friends from Russia or former USSR here ! !
Nice to meet you guys here. Have read a lot of interesting stuff from your local forum. Great informations ! !
And Thanks
Spasibo
From Russia with .... profit
  • #35
  • Feb 9, 2007 7:42am Feb 9, 2007 7:42am
I have a suggestion , what if the size of position is doubled everytime loss is taken until the first profit i mean i looked at eurousd there are max 3 consecutive losses so when you start for example trade leverage 1:5, if you loose double you money so you use 1:11 ( 11 since you have lost some money before) and so on, or you can start with leverage 1:1, then 1:2 then 1:4 gives you 3 extra steps
  • #36
  • Feb 9, 2007 7:47am Feb 9, 2007 7:47am
the EA is working greatly but it was a little problem.
you have to add a fuction that checkes for open positions befor entering a new one. the EA bought me twice a short position in USD CAD.

thanks you for the EA.
  • #37
  • Feb 9, 2007 7:51am Feb 9, 2007 7:51am
The truth is there are 2 things in question here... Srategy Tester and Pouria's method. I myself honestly don't have much confidence in either of them but only time can tell. Because with manual backtesting(using my beutiful eyes) The strategy seems profitable, Im baffled why startegy tester shows consistent losses which we cannot see during manual backtesting.

One of my theories is that since backtester merely averages the minute chart and this strategy has very tight stops and target so the results are not accurate at all. Or it could simply be that Paurias method itself is truely flawed.

Anyways I will continue my forward test for at least a month then compare actual results from that of backtester, And if my theory is correct and Strategy Tester is no good, then goodriddence to the Strategy tester, no more wasting my time with optimizing this and that.

But right now Im off to the casino to score me some pips, I mean chips!

Good Luck Everyone,
Mikhail
  • #38
  • Feb 9, 2007 7:52am Feb 9, 2007 7:52am
Quoting nicolas_nrjk
the EA is working greatly but it was a little problem.
you have to add a fuction that checkes for open positions befor entering a new one. the EA bought me twice a short position in USD CAD.

thanks you for the EA.
really! now thats a problem, will look into it.

-Mikhail
  • #39
  • Feb 9, 2007 7:52am Feb 9, 2007 7:52am
The point is to find out how good the strategy is and if it holds out to be successful over the long term. If we try martingaling it then I'm sure alot of different strategies would seem successful, but I don't believe thats the best way to go. I still think this strategy, given some discretion, looking at trend and support and resistance levels, has a good chance of profitability. All MA crossover systems require the subjectivity part of a trader in my opinion since you have to look at the bigger picture if you're going trend, or counter trend, or considering the spreads, the time frame used, as well as the ADR of different pairs.
  • #40
  • Feb 9, 2007 8:27am Feb 9, 2007 8:27am
Quoting parabolic
I did another 2 year backtest on EURCHF.
As recommended 1H timeframe, Target and SL 15 Pips.

Not much hope for this strategy after looking at the equity curve...
I think the stop loss is the problem. When I went back to the original P post it looked as if the system was not intended to be used with a stoploss. I have notice that when trading one of the biggest reason for loosing is having a stop that was too narrow. We should retest with a wider stop...say 25 to 30 with a 40 pip TP.
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