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EOD -1 day hold

  • #1
  • First Post: Dec 13, 2008 7:38am Dec 13, 2008 7:38am
Hi

Im running an eod system atm,and have been putting in as much time as possible into finding new eod systems esp as my time is very lmt atm

Ihave come across an indicator for MT4 and have sent a message to the original programmer asking a few need to know questions.Ive coupled this indicator with a trend filter that I use on my own eod system.

the rules are simple

Enter long or short at close of day depending on signal
Close the trade end of candle the following day

We hold for 24hours only.

No nede to move stop no tp or sl calculations

I have just manually checked a full year on eurusd..so thats last Dec 1st up to present day

here are my finiding

Signals 40
Losers 11
winners 29
Strike rate 72.5%
longest losing run 3
longest winning run 5
Average pips lost per losing trade 17
Average pips won per winning trde 86
Risk Rewrad ratio 5:1
Total points lost 196
Total point won 2499

Net profit 2,303

Once i have more info on the indicator and im happy that I can then get the filter coded in as well I will post all the details here

Paulus
  • #2
  • Edited 8:04am Dec 13, 2008 7:43am | Edited 8:04am
If any one wants another pair looked at say for last 3 months I can do it I think with the time I have available..or if you know of a bad 6 or months on a particular swap I can look at that and see what this gives


cheers

P
  • #3
  • Dec 13, 2008 8:12am Dec 13, 2008 8:12am
Wow that sounds amazing ! big hit rate AND nice R:R.
I´m really curious to see the indicator and check with other pairs like G/Y
  • #4
  • Dec 13, 2008 9:27am Dec 13, 2008 9:27am
Hi, Paulus.

I'll be glad to help you with testing and programing new system. You can PM me or send e-mail.
Are you shure that new indicator does not repaint, i can chek it if i'll see source code. Sometime manual backtests are amazing cos indicaror repaints in realtime.

Quoting Paulus
If any one wants another pair looked at say for last 3 months I can do it I think with the time I have available..or if you know of a bad 6 or months on a particular swap I can look at that and see what this gives


cheers

P
  • #5
  • Dec 13, 2008 11:32am Dec 13, 2008 11:32am
Thanks Dezil

I thought that may be the case .. best to check before I post any thing here but the fact there are losers doesnt indicate that ..I will send you a mail tonight with what I hope is the coding and the simple CCI filter

Since the beginning on Nov to present day GBPJPY ( only very small data set)

9 signals
7 wins
2 losers
Average loser 201 pips
Average win 296
RR 1.4:1
Longest losing run 1
Longest winning run 5
Strike rate 77%
Total pips lost 402
Total pips won 2077

Pips gain 1675

Paulus
  • #6
  • Dec 13, 2008 12:18pm Dec 13, 2008 12:18pm
Hi Paulus
Thanks for the info, could you test the system from oct 08 uptill date on Eur Jpy and Usd Jpy. These currencies experienced congestion during these periods. I sincerely believe that if the system was profitable during these periods on these two pairs then it could be a winner at any other period and currencies. Thanks for your time and contribution By the way I am an ardent follower of your system

Quoting Paulus
If any one wants another pair looked at say for last 3 months I can do it I think with the time I have available..or if you know of a bad 6 or months on a particular swap I can look at that and see what this gives


cheers

P
these
LISTEN TO MR FUNDAMENTAL AND MR TECHNICAL
  • #7
  • Dec 13, 2008 12:37pm Dec 13, 2008 12:37pm
Hi

here is EURJPY from oct 08 to present date

All the signals were shorts and no spread has been taken into account the trades are in order

+56 +465 +511 +472 +284 +236 +18

If we go short at midnight on tuesday and weds is a down day we catch the whole open to close move.Lets see what the experts says about the coding

Fingers crossed here will test out other pair.

Paulus
  • #8
  • Dec 13, 2008 12:59pm Dec 13, 2008 12:59pm
Ok

This all seems a bit to good atm so just dont order the Aston Martin just yet lols ..................

If I understood code I could tell if it re paints.... we will see

+48 +225 +174 +200 +40 +252 +64

here are the signals the longs are filtered out with the trend filter

Paulus
Attached Image (click to enlarge)
Click to Enlarge Name: HG.jpg Size: 45 KB
  • #9
  • Dec 13, 2008 1:18pm Dec 13, 2008 1:18pm
Now you tell me not to order the Aston Martin
  • #10
  • Dec 13, 2008 1:37pm Dec 13, 2008 1:37pm
Quoting Paulus
Ok

This all seems a bit to good atm so just dont order the Aston Martin just yet lols ..................

If I understood code I could tell if it re paints.... we will see

+48 +225 +174 +200 +40 +252 +64

here are the signals the longs are filtered out with the trend filter

Paulus

Hey Paulus, If you post the indicator or pm it to me, I could run it on Vhands and find out whether it repaints or not, just trying to help.
  • #11
  • Dec 13, 2008 1:57pm Dec 13, 2008 1:57pm
It repaints unfortunately

Quoting Bam Bam
Hey Paulus, If you post the indicator or pm it to me, I could run it on Vhands and find out whether it repaints or not, just trying to help.
  • #12
  • Dec 13, 2008 2:07pm Dec 13, 2008 2:07pm
Oh sad to hear that, was already wetting my lips, grrrrrrr. Lets try forward testing.
Quoting Dezil
It repaints unfortunately
LISTEN TO MR FUNDAMENTAL AND MR TECHNICAL
  • #13
  • Dec 13, 2008 2:30pm Dec 13, 2008 2:30pm
Quoting Dezil
It repaints unfortunately
your system sounds promising and am sure forward testing it for some months will prove its worth.i'll like to be part of your testing team, so let me ahve a go at it too.I'll like to know if you are Bill PaulusThanks
God's Love For You Is Sure Never You Doubt It
  • #14
  • Dec 13, 2008 4:37pm Dec 13, 2008 4:37pm
well it may still be usable wont know till live mkt testing on monday..check in now and then we may have some thing..

Thanks for the offers lets just see what happens on mondays market

Im very hopefull

Paulus
  • #15
  • Dec 13, 2008 4:42pm Dec 13, 2008 4:42pm
Paulus, if you set "UseNew" parametr to false you will see all signals without repaint as i think.

Try to test
Quoting Paulus
well it may still be usable wont know till live mkt testing on monday..check in now and then we may have some thing..

Thanks for the offers lets just see what happens on mondays market

Im very hopefull

Paulus
  • #16
  • Dec 13, 2008 7:44pm Dec 13, 2008 7:44pm
my 2 cents
Attached File(s)
File Type: mq4 V-TBv6.mq4   8 KB | 1,454 downloads
  • #17
  • Dec 14, 2008 4:37am Dec 14, 2008 4:37am
Dezil that does throw a few more arrows on the page so hopefully that is the unpainted version of this ind ..

I will re check today the figures I have already posted and see what we get now.

Can you tell us some thing of what creates the signals in my Futures trading platform I could tell by the code as I could code in that.

Is wick and candle size calculated in this code ?
It says wick ratio,wick percent..it looks like some sort of candle recognition code

Cheers

Paulus
  • #18
  • Dec 14, 2008 4:54am Dec 14, 2008 4:54am
Hi

Ok have clicked false for the use new in the ind and on the small test on eurjpy we do get one more arrow appearing it is a short and a loser

here is EURJPY from oct 08 to present date

All the signals were shorts and no spread has been taken into account the trades are in order

+56 +465 +511 +472 -475 +284 +236 +18 the figures still look good

I will now check the other data set

Paulus
  • #19
  • Dec 14, 2008 5:00am Dec 14, 2008 5:00am
Ok here is USDJPY oct to present date as requested and this should be the unpainted version ..it gives 1 more signal and it is a loser and it is a short I have inserted it below

+48 +225 -43 +174 +200 +40 +252 +64

Again not much impact and that is the unpainted version

I will now do the year on EURUSD I cannot check all the signals atm but will do a count we know the painted version gave 40 signals

Paulus
  • #20
  • Dec 14, 2008 5:05am Dec 14, 2008 5:05am
Ok it gives 44 signals unpainted on EURUSD as opposed to 40 painted..

so thats excellent I think 4 extra signals over 12months even if their all losers still looks great most important thing is to check the arrows are in the same place I will do this with an over lay to save time and will post back but have domestic stuff to do 1st

cheers

Paulus
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