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  • #361
  • Feb 26, 2007 11:10am Feb 26, 2007 11:10am
Interbank has not put me in anything at the present!!

EZ
  • #362
  • Feb 26, 2007 11:24am Feb 26, 2007 11:24am
Quoting BearPaw
Wow guys,

I am a little perplexed. I am getting different results on different accounts....

I am using an IBFX live account, IBFX demo account, and MIG demo account. I think I am getting different triggers on every account!

BP

If you think thats strange try doing this simple experiment, attach RSI indicator on the chart of different brokers, same currency, same TF same everything. Notice that no RSI in those brokers will have the same value. Now try doing that on the same broker but one on live account and the other in demo account, And you will still see different RSI values.

Hard to believe? Believe it! LOL!

-Mikhail
  • #363
  • Feb 26, 2007 11:57am Feb 26, 2007 11:57am
Hello Again,

I was contemplating about the pouria method and I was thinking what is the significance of the 75,85 MA and why in the world is it applied to the Price_Low... Anyways it still remains a mystery to me, but I figured why not substitute 75,85 MAs with MAs with same period one applied to High the other to low. that way some sort channel is formed, there would somehow be some rational behind the system. By doing this we are trading channel breakout...

I havnt tested this this is all theory right now but attached below is the graph of what I am talking about and the EA for experiment purposes.

-Mikhail
Attached Image
Attached File(s)
File Type: mq4 Pouria EA Beta H-L.mq4   12 KB | 602 downloads
  • #364
  • Feb 26, 2007 12:17pm Feb 26, 2007 12:17pm
Quoting mikhaildgreat
Hello Again,

I was contemplating about the pouria method and I was thinking what is the significance of the 75,85 MA and why in the world is it applied to the Price_Low... Anyways it still remains a mystery to me, but I figured why not substitute 75,85 MAs with MAs with same period one applied to High the other to low. that way some sort channel is formed, there would somehow be some rational behind the system. By doing this we are trading channel breakout...

I havnt tested this this is all theory right now but attached below is the graph of what I am talking about and the EA for experiment purposes.

-Mikhail
It certainly makes sense. Let me know how the demo trading goes. Given the disparities between demo and live, and MIG and Interbank, I'm thinking that my next test will be to live trade the EA through MIG with a mini account and see what happens.
  • #365
  • Feb 26, 2007 12:41pm Feb 26, 2007 12:41pm
I have started forward testing the beta HL ea, settings as they come apart from the sl which i have changed to 30, usual pairs and usual TFs, will let you know how it goes.
  • #366
  • Feb 26, 2007 12:48pm Feb 26, 2007 12:48pm
Quoting raven
I have started forward testing the beta HL ea, settings as they come apart from the sl which i have changed to 30, usual pairs and usual TFs, will let you know how it goes.
thanks
  • #367
  • Feb 26, 2007 7:19pm Feb 26, 2007 7:19pm
Well, closed a few more trades (positive) today on MIG.

GBPUSD and EURUSD, both buys, for +15 each. So, for MIG, I'm 30 for 34 and +313 pips.

Interbank is NOT the way to go for this method. There I'm 7 for 13 and a BIG negative for pips and account %.
  • #368
  • Feb 27, 2007 3:39am Feb 27, 2007 3:39am
First 12 hours using beta HL;
TP 15, SL 30
16 trades
7 win
5 Lose
4 manually closed during spike this morning.
currently -$57

looking back at the losers none would have been saved by a bigger sl in fact all would have been better off with lower sl so i have changed the sl to 15, lets see how that plays out.
  • #369
  • Feb 27, 2007 10:06am Feb 27, 2007 10:06am
Opened and closed 8 trades over night.

USDCHF -50
USDCAD +15
EURUSD +15
EURJPY -50
EURJPY +15
GBPUSD +15
EURUSD +15
GBPUSD +15

So, now I'm 38 for 44, +268 pips on MIG. Interbank is getting HORRIBLE results. There I'm 9 for 18 and minus a HUGE amount on the demo account. I certainly will not be using Interbank for this strategy with a live account.

One thing I have noticed is my win/loss pip numbers on the EURJPY is bad. Out of my 6 total losses (at -50 each) three (3) of them are EURJPY. Overall I've had 11 EURJPY trades and I'm 8 for 11, and -35 pips on that currency. I may end up removing that currency.
  • #370
  • Feb 27, 2007 10:32am Feb 27, 2007 10:32am
Pouria HL forward test results, fxdd demo

GBPUSD -50
USDCAD +15
EURGBP +15
EURUSD +30
  • #371
  • Feb 27, 2007 1:12pm Feb 27, 2007 1:12pm
This is so perplexing...but interbank is not doing well with the GBP/USD pair.

I am not trading that pair any more as of right now.

Last nights results were this...

EURJPY -50
EURJPY +15
CHFJPY -50
AUDJPY +15
GBPUSD -50
GBPUSD -50
EURUSD +15
USDCAD +20

So a net today of -205 pips....terrible.....As I said I have taken out GBPUSD.

Thoughts?

BP
  • #372
  • Edited 1:38pm Feb 27, 2007 1:27pm | Edited 1:38pm
OK, I'll post it here since I consider this thread is more active than the original:

so far this week I got:

EUR/JPY: -40 (already posted)
EUR/JPY: -40
EUR/JPY: +15
EUR/JPY: +15
EUR/GBP: +10
USD/CAD: +20
AUD/USD: +10

But here the point for today:
I opened manually a parallel order to those in red and one on USD/CHF (which although I got the cross, for some reason EA didn't get it)
And I decided not to set a TP and just wait to see what happend...

Actually I am:
EUR/JPY: + 160
USD/CHF: +100
EUR/GBP: +26

I am just trailing stop 40 on the first 2 and move my stop to BE on the 3rd...

What I am trying to say is IMHO this sys is solid for entry points, but I think we are leaving the trade too early, and with 40 pips SL, if we got 2 losses, we need 5 or 6 winners to BE (I got two losses on EUR/JPY since yesterday) we need to develop a method to get a reliable exit signal to be able to "ride" the EMA 5 longer and be sure to catch most of the trend. this way we can afford better those negatives...
Anybody got a good method or know some indicator that could help?

Just a thought...

Hope this helps...

Regards
  • #373
  • Feb 27, 2007 3:00pm Feb 27, 2007 3:00pm
Quoting BearPaw
This is so perplexing...but interbank is not doing well with the GBP/USD pair.

I am not trading that pair any more as of right now.

Last nights results were this...

EURJPY -50
EURJPY +15
CHFJPY -50
AUDJPY +15
GBPUSD -50
GBPUSD -50
EURUSD +15
USDCAD +20

So a net today of -205 pips....terrible.....As I said I have taken out GBPUSD.

Thoughts?

BP
This definitely has something to do with Interbank. My results with them are terrible and they put me in many "bad" trades that MIG doesn't, and Interbank misses many "good" trades that MIG triggers. I don't know why this is, from a technical point of view, but I know that I don't like Interbank with this EA.
  • #374
  • Feb 27, 2007 8:26pm Feb 27, 2007 8:26pm
Quoting toti1972
OK, I'll post it here since I consider this thread is more active than the original:

so far this week I got:

EUR/JPY: -40 (already posted)
EUR/JPY: -40
EUR/JPY: +15
EUR/JPY: +15
EUR/GBP: +10
USD/CAD: +20
AUD/USD: +10

But here the point for today:
I opened manually a parallel order to those in red and one on USD/CHF (which although I got the cross, for some reason EA didn't get it)
And I decided not to set a TP and just wait to see what happend...

Actually I am:
EUR/JPY: + 160
USD/CHF: +100
EUR/GBP: +26

I am just trailing stop 40 on the first 2 and move my stop to BE on the 3rd...

What I am trying to say is IMHO this sys is solid for entry points, but I think we are leaving the trade too early, and with 40 pips SL, if we got 2 losses, we need 5 or 6 winners to BE (I got two losses on EUR/JPY since yesterday) we need to develop a method to get a reliable exit signal to be able to "ride" the EMA 5 longer and be sure to catch most of the trend. this way we can afford better those negatives...
Anybody got a good method or know some indicator that could help?

Just a thought...

Hope this helps...

Regards
Yup an exit strategy is missing in this method. Any suggestions?
  • #375
  • Feb 28, 2007 12:51am Feb 28, 2007 12:51am
beta HL TP15, SL15.
Results for last 24 hours
7 Trades
2 win
5 lose

had 4 losers on cable would have been 1 had sl been 20 as it would have stayed around for a while.

Having said that the buy entries that did happen would have been good sell entries and would all have been winners, even thought about what if the ea could reverse its trades based on if the previous trade lost, but it was only a thought.

Beacause i am finding the entries to not be that accurate i am beginning to wonder if it might be more profitable just have a Gambling ea, ie it randomly picks which direction to trade in, then using a small sl, once into say a 10 pip profit it moves the sl to the breakeven point and then lets the chart run with say a 30 trailing stop.
  • #376
  • Feb 28, 2007 4:42pm Feb 28, 2007 4:42pm
I traded 2 same pairs on 30 minutes chart: EUR/USD, but the difference is stop loss: 20 pips vs 50 pips.

2/26/07 time: 6.28 am. Stop loss is 20 pips

Sell

1.3164

Closed time: 2:47 pm

1.3147

Loss: -19 pips

2/26/07 time: 6.31 am. Stop loss is 50 pips.

Sell

1.3164

Closed 2/27/07 time 3:18 am.

1.3214

Loss; -50 pips.

Total Loss: -69 pts.

Last time I profited 4 pts, but now I lost -65 pts. (Demo only)

Any thoughts?
  • #377
  • Mar 1, 2007 9:13am Mar 1, 2007 9:13am
Things have definitely changed a bit. I started out 28 of 30 for +320 pips. Since then I'm 16 for 23 for -110 pips.

I've had a total of 9 losses overall.

EURUSD three times (33%), overall 9 of 12 for -15 pips
EURJPY three times (33%), overall 10 of 13 for 0 pips (break even)
USDCHF twice (22%), overall 5 of 7 for +25 pips
GBPUSD once (11%), overall 14 of 15 for +160 pips.

What I'm seeing is that, specifically with the EURJPY and the EURUSD, the program is getting in at the top or bottom of a move going in the opposite direction. A few of these trades never hit a positive number.
  • #378
  • Mar 1, 2007 9:20am Mar 1, 2007 9:20am
I wonder if this is a better strategy for live trading?

Does the indicator posted in the other forum give accurate entry calls?

BP
  • #379
  • Mar 2, 2007 1:30am Mar 2, 2007 1:30am
I cannot find a profitable way of trading any of the ea's in this thread, the funny thing is, the indicator in the other thread luxinteriours from memory has a much better entry point, i use it with a 5ema, 13 ema, and 50ema, i find using that indicator along with the crossing points of those emas get good results.

Does anyone know of an ea that uses these crosses for entries and then lets you breakeven after (x) pip gain then, has a trailing stop after (x) number of pips, i think using this strategy would work in getting a good number of the longer trends.
  • #380
  • Mar 5, 2007 8:26am Mar 5, 2007 8:26am
Things are still going well on my end. The EA has put me in several more trades and my account is now up greater than 15%.

I just had shoulder surgery, so I can't really type. I'll put in the EA trades ASAP. I can say that it dropped me into a EURUSD sell trade (3126) last night, after a huge drop down, which I thought about cancelling out of. Well, it came within 1 pip of my -50 SL before turning around and hitting my TP (3111).
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