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The Pouria EA Development Thread

  • #321
  • Feb 21, 2007 8:50am Feb 21, 2007 8:50am
Well, the original demo account is still showing very promising results with beta3. A few trades were opened and closed last night.

I am now 21 for 23 for +213 pips.

What is sttange is that I have two different demo's running the same beta3 and they are getting different entry signals. In the new demo I'm 2 for 5 for -120 pips. So I'm not sure what to do now. I'll keep both open and active and we'll see what happens.
  • #322
  • Feb 21, 2007 8:57am Feb 21, 2007 8:57am
Quoting toti1972
Good morning,

Mikhail, thanks for your answer,

According to post # 1 of THIS thread, it was a valid entry because it establishes one situation OR the other to get in the trade, that is a yellow line cross OR a MACD cross. having said that,
I believe that the trade should be based on a yellow line cross as 1st scenario and basic condition and the MACD cross as a confirmation to finally trigger the order.
Post # 1 of POURIA Method Thread by FOREXPERT says:

"SHORT: when the yellow line crosses the 2 red lines downward and get the confirmation from the MACD it has to be downward too
LONG: when the yellow line crosses the 2 red lines upward and get the confirmation from the MACD it has to be upward too"

I could have misunderstood, but I don't know if the system based in one situation OR the other can get the same result. Maybe we should ask Forexpert. What do you think?

Back in a few minutes with overnight results...

Thanks
Hi Toti,

Here you go, This EA Attached do not put equal weight on the MACD and the MAs. So here is how it will work. It will only trade when MA cross and there is an immediate confirmation from MACD. if there is none the trade will be skipped by the EA. this will significantly reduce the number of trades... which could be good or bad...

Enjoy.
Mikhail
Attached File(s)
File Type: mq4 Pouria EA Cross Dependent.mq4   23 KB | 598 downloads
  • #323
  • Feb 21, 2007 9:00am Feb 21, 2007 9:00am
Quoting 1Sundevil
Well, the original demo account is still showing very promising results with beta3. A few trades were opened and closed last night.

I am now 21 for 23 for +213 pips.

What is sttange is that I have two different demo's running the same beta3 and they are getting different entry signals. In the new demo I'm 2 for 5 for -120 pips. So I'm not sure what to do now. I'll keep both open and active and we'll see what happens.
This could be the case because different brokers use different data feeds. try to attached the MAs on the chart you will find different cross times from different brokers...

-Mikhail
  • #324
  • Feb 21, 2007 9:11am Feb 21, 2007 9:11am
Mikhail, as always, lot of thanks for your efforts...

I believe the essence of the methods is this, at least that is what I understand from Post # 1, even though it may reduce the trades, looks that could be safer. In any case it is every trader's style, what finally determine which one to use.
Aside of that, I would like to hear different points of view regarding the interpretation of original rules.

Regards
  • #325
  • Feb 21, 2007 9:33am Feb 21, 2007 9:33am
Quoting toti1972
Here my results last night...

USD/CHF + 10 (post # 310)
EUR/JPY + 15
USD/CHF - 20 (wrong entry, a different one, not the one posted on # 310 which was already discussed)
EUR/JPY + 15 (2nd entry for this pair, not clear cross though)

AUD/USD - 40
EUR/GBP - 20
EUR/CHF + 20

Opened a few min ago...

USD/CAN: quick TP + 20

still open EUR/USD : - 8

Regards
Toti,

My results....seem to be kinda like yours???

EurJPY +15
EURJPY -50
EURJPY +14
GBPUSD +20
AUDUSD +10
USDCHF +10
EURUSD +15
GBPUSD -50
USDCAN +20

Still open EURUSD right around BE.

BP
  • #326
  • Feb 21, 2007 10:46am Feb 21, 2007 10:46am
Quoting mikhaildgreat
This could be the case because different brokers use different data feeds. try to attached the MAs on the chart you will find different cross times from different brokers...

-Mikhail
Mikhail,

One other setting question...do we only need to worry about "AccountisMicro" if we are using MoneyManagement?

Otherwise, what is that for...so we can use sublots? Like 1.4 standard lots?

Thanks,

BP
  • #327
  • Feb 21, 2007 10:47am Feb 21, 2007 10:47am
Quoting ghamal
Hi Mikaihl, i tried upgrading to1.4 but I get an X instead of a smiley face on the expert. Not sure if its working proper or not. Here is the log:

2007.02.21 09:36:27 Pouria EA V-1.4 GBPUSD,H1: initialized
2007.02.21 09:36:27 Pouria EA V-1.4 USDJPY,H1: initialized
2007.02.21 09:36:27 Pouria EA V-1.4 AUDUSD,H1: initialized
2007.02.21 09:36:27 Pouria EA V-1.4 USDCAD,H1: initialized
2007.02.21 09:36:27 Pouria EA V-1.4 EURUSD,H1: initialized
2007.02.21 09:36:19 Pouria EA V-1.4 USDCAD,H1 inputs: Expert_Name="---------- Pouria EA V1.4"; MagicNumber=1234; MinCrossDistance=3; StopLoss=20; TakeProfit=30; MA_StopLoss="---------- MA StopLoss Settings"; useMAStopLoss=true; MINStopLoss=20; MAXStopLoss=50; TS="---------- Modify Stop Settings"; TrailingStopType=1; TrailingStop=0; BreakEvenAfterPips=0; MACDfiler=true; ConfirmedOnEntry=false; Order_Setting="---------- Order Setting"; NumberOfTries=10; Slippage=5; Martingale_Options="---------- Martingale Options"; UseMartinga
2007.02.21 09:36:19 Pouria EA V-1.4 USDCAD,H1: loaded successfully
2007.02.21 09:36:19 Pouria EA V-1.4 AUDUSD,H1 inputs: Expert_Name="---------- Pouria EA V1.4"; MagicNumber=1234; MinCrossDistance=3; StopLoss=20; TakeProfit=30; MA_StopLoss="---------- MA StopLoss Settings"; useMAStopLoss=true; MINStopLoss=20; MAXStopLoss=50; TS="---------- Modify Stop Settings"; TrailingStopType=1; TrailingStop=0; BreakEvenAfterPips=0; MACDfiler=true; ConfirmedOnEntry=false; Order_Setting="---------- Order Setting"; NumberOfTries=10; Slippage=5; Martingale_Options="---------- Martingale Options"; UseMartinga
2007.02.21 09:36:19 Pouria EA V-1.4 AUDUSD,H1: loaded successfully
2007.02.21 09:36:19 Pouria EA V-1.4 USDJPY,H1 inputs: Expert_Name="---------- Pouria EA V1.4"; MagicNumber=1234; MinCrossDistance=3; StopLoss=20; TakeProfit=30; MA_StopLoss="---------- MA StopLoss Settings"; useMAStopLoss=true; MINStopLoss=20; MAXStopLoss=50; TS="---------- Modify Stop Settings"; TrailingStopType=1; TrailingStop=0; BreakEvenAfterPips=0; MACDfiler=true; ConfirmedOnEntry=false; Order_Setting="---------- Order Setting"; NumberOfTries=10; Slippage=5; Martingale_Options="---------- Martingale Options"; UseMartinga
2007.02.21 09:36:19 Pouria EA V-1.4 USDJPY,H1: loaded successfully
2007.02.21 09:36:19 Pouria EA V-1.4 GBPUSD,H1 inputs: Expert_Name="---------- Pouria EA V1.4"; MagicNumber=1234; MinCrossDistance=3; StopLoss=20; TakeProfit=30; MA_StopLoss="---------- MA StopLoss Settings"; useMAStopLoss=true; MINStopLoss=20; MAXStopLoss=50; TS="---------- Modify Stop Settings"; TrailingStopType=1; TrailingStop=0; BreakEvenAfterPips=0; MACDfiler=true; ConfirmedOnEntry=false; Order_Setting="---------- Order Setting"; NumberOfTries=10; Slippage=5; Martingale_Options="---------- Martingale Options"; UseMartinga
2007.02.21 09:36:19 Pouria EA V-1.4 GBPUSD,H1: loaded successfully
2007.02.21 09:36:19 Pouria EA V-1.4 USDCHF,H1 inputs: Expert_Name="---------- Pouria EA V1.4"; MagicNumber=1234; MinCrossDistance=3; StopLoss=20; TakeProfit=30; MA_StopLoss="---------- MA StopLoss Settings"; useMAStopLoss=true; MINStopLoss=20; MAXStopLoss=50; TS="---------- Modify Stop Settings"; TrailingStopType=1; TrailingStop=0; BreakEvenAfterPips=0; MACDfiler=true; ConfirmedOnEntry=false; Order_Setting="---------- Order Setting"; NumberOfTries=10; Slippage=5; Martingale_Options="---------- Martingale Options"; UseMartinga
2007.02.21 09:36:19 Pouria EA V-1.4 USDCHF,H1: loaded successfully
2007.02.21 09:36:19 Pouria EA V-1.4 EURUSD,H1 inputs: Expert_Name="---------- Pouria EA V1.4"; MagicNumber=1234; MinCrossDistance=3; StopLoss=20; TakeProfit=30; MA_StopLoss="---------- MA StopLoss Settings"; useMAStopLoss=true; MINStopLoss=20; MAXStopLoss=50; TS="---------- Modify Stop Settings"; TrailingStopType=1; TrailingStop=0; BreakEvenAfterPips=0; MACDfiler=true; ConfirmedOnEntry=false; Order_Setting="---------- Order Setting"; NumberOfTries=10; Slippage=5; Martingale_Options="---------- Martingale Options"; UseMartinga
2007.02.21 09:36:19 Pouria EA V-1.4 EURUSD,H1: loaded successfully
Ghamal,

You have to enable expert advisors in the main toolbar as well. In each pair you need to check live trading, then on the main tool bar, enable expert advisors. Once you do that the X's will turn to smiley faces.

BP
  • #328
  • Feb 21, 2007 11:02am Feb 21, 2007 11:02am
Quoting BearPaw
Mikhail,

One other setting question...do we only need to worry about "AccountisMicro" if we are using MoneyManagement?

Otherwise, what is that for...so we can use sublots? Like 1.4 standard lots?

Thanks,

BP
Some Brokers do not allow 0.01 lots, if account is micro is set to false minimum lot will be 0.1 if true 0.01 will be the minimum lot. because if your broker does not allow the lot size you want to open order will be rejected...

-Mikhail
  • #329
  • Feb 21, 2007 11:10am Feb 21, 2007 11:10am
One pattern I'm definitely seeing, when it comes to bad trades, is that they are entered right after a large spike, which then slowly moves in the opposite direction.

Obviously this is a case of "news", but is there a way to fix this for those that truly want the EA to trade without them having to watch the computer all day and night?
  • #330
  • Feb 21, 2007 11:24am Feb 21, 2007 11:24am
Two strange positions (GBPUSD and EURUSD) were opened today by version 1.4. I wasn't near the monitor when it happened, but what I can see now is that at 08:42 Eastern time, when the price at both charts was 17 p. BELOW the slow MA's and the fast MA was also BELOW the slow MA's - two LONG positions were opened. Any ideas, what might have caused this?
sans peur et sans reproche
  • #331
  • Feb 21, 2007 11:46am Feb 21, 2007 11:46am
Quoting 1Sundevil
One pattern I'm definitely seeing, when it comes to bad trades, is that they are entered right after a large spike, which then slowly moves in the opposite direction.

Obviously this is a case of "news", but is there a way to fix this for those that truly want the EA to trade without them having to watch the computer all day and night?
set confirmonentry = true, to avoid this nasty spikes. But the problem with this is that you will also be entering the trade a little later...

hope that helps,
Mikhail
  • #332
  • Feb 21, 2007 12:09pm Feb 21, 2007 12:09pm
Quoting mikhaildgreat
set confirmonentry = true, to avoid this nasty spikes. But the problem with this is that you will also be entering the trade a little later...

hope that helps,
Mikhail
I just checked..it already is set to "true". Here are two entries that I'm talking about.
Attached Image
  • #333
  • Feb 21, 2007 12:25pm Feb 21, 2007 12:25pm
if thats the case nothing can be done at the moment. the market is whipsawing all over the place, specially GBPUSD. not good for many MA based strategy...

by the way, during your whole forward test did you have confirmonetry = true;? I ask because you have the best forward test results compared to everyone else...

Regards,

Mikhail
  • #334
  • Feb 21, 2007 12:26pm Feb 21, 2007 12:26pm
Quoting mikhaildgreat
if thats the case nothing can be done at the moment. the market is whipsawing all over the place, specially GBPUSD. not good fo rnay MA based strategy...

by the way, during your whole forward test did you have confirmonetry = true;? I ask because you have the best forward test results compared to everyone else...

Regards,

Mikhail
Yes, it was always set to true.
  • #335
  • Feb 21, 2007 12:26pm Feb 21, 2007 12:26pm
Quoting BearPaw
Ghamal,

You have to enable expert advisors in the main toolbar as well. In each pair you need to check live trading, then on the main tool bar, enable expert advisors. Once you do that the X's will turn to smiley faces.

BP
Thanks BearPaw, I wil do so.
  • #336
  • Feb 21, 2007 5:20pm Feb 21, 2007 5:20pm
MACD ... 3,9,1 works a lot better MACD ... 3,9,1 works a lot better for this Method. Try it ..... tell me what you think. IMO
  • #337
  • Feb 21, 2007 5:34pm Feb 21, 2007 5:34pm
Quoting ut2DaMax
MACD ... 3,9,1 works a lot better MACD ... 3,9,1 works a lot better for this Method. Try it ..... tell me what you think. IMO
What kind of results are you getting?
  • #338
  • Feb 21, 2007 5:59pm Feb 21, 2007 5:59pm
add MV .... 30/35 - 50/55

Gives you a lot more times you can trade. IMO
  • #339
  • Feb 21, 2007 6:03pm Feb 21, 2007 6:03pm
Quoting 1Sundevil
What kind of results are you getting?

I am getting better results trading this manually.


Just something for you all to try and see if you like it. I am hoping the newer versions incorporates this as well. But you can adjust the moving averages to what works best for you. I do not think this is a dead end. I think the Method can evolve to a working system. Just my 2 cents .....
  • #340
  • Feb 22, 2007 6:29am Feb 22, 2007 6:29am
Well, another day has passed and Forexpert has not been able to give any advice concerning the gbpusd trade.

Another day means another GBPUSD trade that is -50 in the hole.

So, 2 options...1) change the timeframe on the chart for the GBPUSD. 2) stop trading the GBPUSD pair.

I am open to suggestions from anyone on this matter.

Thoughts?

BP
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