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The Pouria EA Development Thread

  • #261
  • Feb 16, 2007 10:44pm Feb 16, 2007 10:44pm
Quoting 1Sundevil
Generally my TP is what the creator recommended, +15 to +20. My SL is set at -50.
Thank you 1Sundevil,here is my result.TP was based on original method and SL=20.
  • #262
  • Feb 16, 2007 11:05pm Feb 16, 2007 11:05pm
Sorry ,forgot it.
Attached File(s)
File Type: doc Pouria Beta 3.doc   97 KB | 423 downloads
  • #263
  • Feb 16, 2007 11:13pm Feb 16, 2007 11:13pm
Quoting tnh_z
Sorry ,forgot it.
Very strange that although we started at the same time, the EA has dropped you in a lot more trades than me.
  • #264
  • Feb 17, 2007 6:50am Feb 17, 2007 6:50am
Hello,

yes i got the same wrong trade.

Mobsie
  • #265
  • Feb 18, 2007 11:32am Feb 18, 2007 11:32am
Statement for v1.1 below, Traded from about 10 am (GMT) Thursday morning. 33 trades 14 winners 19 losers, although this would have been more as i noticed it kept on trying to buy eur/usd at exactly the right time to sell so i closed a couple and manually put in a sell. The chart timeframes are as stated in the original Pouria thread post 1.

Whilst i was running the ea i also had Luxinterior's pouria indicator v1.2.1 (post 240 on the original thread) running, i have to say it is very impressive, the win loss ratio seems very good and almost all the time it wins if you let it run it wins 60-100 pips a go over a few days, i think if the settings from that indicator could be turned into an ea with just a trailing stop added it could be a really good ea. I would love to run it with a 20 pip sl then as soon as it gets to 10 pip profit move the sl to the breakeven point let it go with a 20 pip trailing stop and leave it. I could not find many times where it did not make 10 pips so you are virtually sure of a free trade. Pity i cant build an ea, any offers...:-)

Heres a little something for you to play with, i built an excel fx fund projections spreadsheet, it works out possible future income based on average pip gains either on a daily or weekly basis based on %fund risk, sl settings and fund size, its a little bit of fun but does show the danger of large sl's, there is also a seperate % fund risk calculator and seperate pip value calculators, all the values can be based on either $ amounts or your own currencies. Feel free to let me know of any comments for revisions or improvments.
Attached File(s)
File Type: doc North Finance pouria 1.doc   113 KB | 286 downloads
File Type: xml FX projections v4 excel 2003 international version 3.xml   821 KB | 329 downloads
  • #266
  • Feb 18, 2007 2:18pm Feb 18, 2007 2:18pm
Mikhail,
I suddenly realized that I did not understand your explanations regarding MINStopLoss and MAXStopLoss parameters. Could you please explain in diffrent terms for a dummy like myself, what is their function? I use MA_StopLoss. Thank you...
Ilan

PS In future versions of the EA you might want to consider using TP defined not from the point of opening a position, but rather from the cross point - because this is the only anchor that can be used in manual backtesting/optimization. For example, the optimal TP for EURUSD seems to be 90 pips from the cross - while the position can opened at different distances from it.
sans peur et sans reproche
  • #267
  • Feb 18, 2007 2:23pm Feb 18, 2007 2:23pm
Hello Again,

V 1.3 Has some new bug fix and features you guys can play around with. further bug fix to prevent false entries. and added trailing stop option. with trailing stop type as fallows. 1 = After profit TS, 2 = instant TS even before profit, 3 = TS 50% of profits.

Again this feature has not yet been tested I just added this today, so play around with it as you see fit and report any bugs when you encounter them.

Thanks,

Mikhail
Attached File(s)
File Type: mq4 Pouria EA V-1.3.mq4   26 KB | 532 downloads
  • #268
  • Feb 18, 2007 5:20pm Feb 18, 2007 5:20pm
Quoting 1Sundevil
Closed out the EUR/JPY trade for +10. I didn't want to hold a winning trade through the weekend. Right now EUR/USD is +3, so I may close it as well before the bell. CHF is -4, so I'll hold it and take my chances.

So, 8 for 8, 121 pips and up 19.5% this week.
WOW! Well, the market opened and closed both of my trades out for +15 each.

So, 10 for 10, +151 pips and my account is now up 42%.
  • #269
  • Feb 18, 2007 5:34pm Feb 18, 2007 5:34pm
Hi 1Sundevil,
If it's no trouble what settings are you using and what pouria ea version are you using ? Thanks in advanced....Valerie....
  • #270
  • Feb 18, 2007 5:43pm Feb 18, 2007 5:43pm
Quoting amaruenterprise
Hi 1Sundevil,
If it's no trouble what settings are you using and what pouria ea version are you using ? Thanks in advanced....Valerie....
beta3, TP +15 or +20 (as per instructions) and SL at -50. I think I've closed 4 of the trades manually, as I was still either toying with the settings and on Friday I closed my EUR/JPY trade at +10 because I didn't want to hold it through the weekend. Had I it would have hit the +15 TP today, like the other two did.

I'm also having to manually write down each trade as my MT4 platform isn't showing all of the trades, but it is showing the correct "balance" ($). I don't know why it's doing this, but as long as the balance is correct it's ok.
  • #271
  • Edited 8:55am Feb 19, 2007 8:32am | Edited 8:55am
So guys, sorry I was gone...emergency over the weekend.

Last weeks trades netted me 23 pips. Not as good as I had hoped. This is with Beta 3. GBPUSD has been a big loser for me. Or at least netting me out zero.

I am going to keep beta 3 this week, and change SL to -50. Any thoughts?

Thanks,

BP
  • #272
  • Feb 19, 2007 8:56am Feb 19, 2007 8:56am
The EA has put me in several trades overnight. One, the GBP/USD opened and closed as I slept for +15. So that makes it 11 for 11, +166 pips and my account is now up 47.7%.

Now, that USD/JPY trade has come back around to where it is -1 pip right now.

The other trades are:
USD/CAD buy @ 1645 (right now -8)
USD/CHF sell @ 2328 (right now -17)
EUR/USD sell @ 3122 (right now -13)

So we'll see how these 4 trades do.
  • #273
  • Feb 19, 2007 8:56am Feb 19, 2007 8:56am
Mikhail,

Can you describe any fundamental differences in the Beta 3 EA and the V 1, V 1.1, V 1.2, V 1.3 versions?

Thanks,

BP
  • #274
  • Feb 19, 2007 8:58am Feb 19, 2007 8:58am
I let .... Pouria EA V1.3 ... run on GBP/USD .... settings as is .... net 300.00 over night. Pretty good ..... if it did this most of the time. Forward testing is the only way to be sure on Pouria. It takes time .... but all the backtesting in the world won't compare with actual trading. Mikhail, thanks! You must have done something right on the latest version ... LOL ..... You will eventually perfect it I believe! I like it .... now i hope it keeps raking in the pips! IMO
  • #275
  • Feb 19, 2007 9:04am Feb 19, 2007 9:04am
Quoting 1Sundevil
The EA has put me in several trades overnight. One, the GBP/USD opened and closed as I slept for +15. So that makes it 11 for 11, +166 pips and my account is now up 47.7%.

Now, that USD/JPY trade has come back around to where it is -1 pip right now.

The other trades are:
USD/CAD buy @ 1645 (right now -8)
USD/CHF sell @ 2328 (right now -17)
EUR/USD sell @ 3122 (right now -13)

So we'll see how these 4 trades do.



What If I want to use Pouria on 6 pairs for example. Does the magic number have to be different on all pairs,

or only on the same pairs if I have several EA's running on the same pair, & different charts?

Thanks for your help. I wasn't sure.
  • #276
  • Feb 19, 2007 9:12am Feb 19, 2007 9:12am
Quoting ut2DaMax
What If I want to use Pouria on 6 pairs for example. Does the magic number have to be different on all pairs,

or only on the same pairs if I have several EA's running on the same pair, & different charts?

Thanks for your help. I wasn't sure.
ut2DaMax,

I have 12 pairs trading with the ea at the same time. I do not change the magic number at all....just the TP settings.

Hopefully this helps,

BP
  • #277
  • Feb 19, 2007 1:05pm Feb 19, 2007 1:05pm
Quoting ilanr
Mikhail,
I suddenly realized that I did not understand your explanations regarding MINStopLoss and MAXStopLoss parameters. Could you please explain in diffrent terms for a dummy like myself, what is their function? I use MA_StopLoss. Thank you...
Ilan

PS In future versions of the EA you might want to consider using TP defined not from the point of opening a position, but rather from the cross point - because this is the only anchor that can be used in manual backtesting/optimization. For example, the optimal TP for EURUSD seems to be 90 pips from the cross - while the position can opened at different distances from it.
hello.

the MINStopLoss is the minimum stoploss in pips that the EA will you in case the distance from the entry price and the MAs is too near. example if the distance between the entry price and the MAs is just 5 pips. istead us having 5 pips as your stoploss EA will use the MINStoploss in MINStoploss is greater than pips. this is to avoid stoploss being too small. Same with maxstoploss which prevents EA from putting stops that are too large.

-Mikhail
  • #278
  • Feb 19, 2007 1:07pm Feb 19, 2007 1:07pm
Quoting BearPaw
Mikhail,

Can you describe any fundamental differences in the Beta 3 EA and the V 1, V 1.1, V 1.2, V 1.3 versions?

Thanks,

BP
not much difference only added feature and bug fix.

-Mikhail
  • #279
  • Feb 19, 2007 1:11pm Feb 19, 2007 1:11pm
Quoting ut2DaMax
What If I want to use Pouria on 6 pairs for example. Does the magic number have to be different on all pairs,

or only on the same pairs if I have several EA's running on the same pair, & different charts?

Thanks for your help. I wasn't sure.
no need to change magic number for each pair.

-Mikhail
  • #280
  • Feb 19, 2007 1:13pm Feb 19, 2007 1:13pm
Quoting ut2DaMax
I let .... Pouria EA V1.3 ... run on GBP/USD .... settings as is .... net 300.00 over night. Pretty good ..... if it did this most of the time. Forward testing is the only way to be sure on Pouria. It takes time .... but all the backtesting in the world won't compare with actual trading. Mikhail, thanks! You must have done something right on the latest version ... LOL ..... You will eventually perfect it I believe! I like it .... now i hope it keeps raking in the pips! IMO
good to hear that. I know there are still many improvements that must be made. specially false entries that happen when MAs are just hovering very near the 75&85 MAs. I have thought of a couple of solutions... but v1.3 is still not completely free from these bugs...

I hope when we get to version 2 we have fixed all these irritating bugs...

-Mikhail
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