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Slingshot-30 Min. PA System

  • #301
  • Jan 15, 2009 10:08pm Jan 15, 2009 10:08pm
Quoting todd960960
damonl are you using the EA only during specific hours?

Thanks and congrats on 30,000 freaking pips! Impressive to say the least.

todd
I am really not using any EA, I basically do end of day stuff on the daily chart.

So far any EA that has been made for this system has underperformed considerably.
"Keep your eyes on the helpers" - Mr. Rogers
  • #302
  • Jan 15, 2009 10:11pm Jan 15, 2009 10:11pm
Quoting Ronald Raygun
Not bad at all =D.

I'm up a little under 10,000 net pips as of January 1 (took a month off in December, and I REGRET IT!!!). And that's not from splitting lots. Does your pip count include split lots?


Anyway, while you do things manually, I spread out my pip collection across 34 different EAs, and 20 different pairs. The vast majority of my entries are managed by EA, the exits can be managed by EA, but most are managed by me.

If I can sleep at night knowing that the EA can consistently grab 5 pips with 1:1 R:R or better all night, then...
That is good for you RR. You have put your talents as a programmer to good use. However, what you are doing is not duplicatable unless everyone were to buy your 34 EA's.

So I think that is great for you my friend.
"Keep your eyes on the helpers" - Mr. Rogers
  • #303
  • Jan 15, 2009 10:13pm Jan 15, 2009 10:13pm
Quoting damonl
That is good for you RR. You have put your talents as a programmer to good use. However, what you are doing is not duplicatable unless everyone were to buy your 34 EA's.

So I think that is great for you my friend.
For the record to everyone else reading through this exchange, I am not selling any of those 34 EAs. You can find them spread throughout ForexFactory in their appropriate threads where they belong. Source code included, and completely free of charge, just like the one in this thread.

If I do catch anyone trying to sell any of my EAs, I will make sure to obliterate your advertising campaign and bring down the website. You have all been warned.
  • #304
  • Jan 15, 2009 10:23pm Jan 15, 2009 10:23pm
Quoting Ronald Raygun
For the record to everyone else reading through this exchange, I am not selling any of those 34 EAs. You can find them spread throughout ForexFactory in their appropriate threads where they belong. Source code included, and completely free of charge, just like the one in this thread.

If I do catch anyone trying to sell any of my EAs, I will make sure to obliterate your advertising campaign and bring down the website. You have all been warned.
Dude, I don't know what all your EA's are, but if they are that good, then I'd like to take a look at them. Personally I have seen 3 EA's from systmss that were introduced here on FF that I bought and later returned because they really wern't any good. Probably not yours, but if you think that people don't come in FF and take ideas and EA's and sell them, then I would definitely think again.

Basically i just trade daily charts on 24 different pairs using 18 different entry strategies......Thanks for your EA's then, I will take a look.
"Keep your eyes on the helpers" - Mr. Rogers
  • #305
  • Jan 15, 2009 10:39pm Jan 15, 2009 10:39pm
Quoting Ronald Raygun
For the record to everyone else reading through this exchange, I am not selling any of those 34 EAs. You can find them spread throughout ForexFactory in their appropriate threads where they belong. Source code included, and completely free of charge, just like the one in this thread.

If I do catch anyone trying to sell any of my EAs, I will make sure to obliterate your advertising campaign and bring down the website. You have all been warned.
Ronald the TP and SL don't seem to be working properly on the latest EA.

I set the TP and SL to 5 each and right now I have a short opened on the GBP/USD showing NO TP and a 9 pip SL

short E/J no TP and 9 pip SL

long E/G no TP and a 20 pip SL

Any ideas?

edit: Ok my fault on the TP issues. Forgot to change from false to true. But the SL issues I can't figure out. I do have SL set to true.

thx,
todd
  • #306
  • Jan 15, 2009 10:54pm Jan 15, 2009 10:54pm
Did you enable the Override of the SL? If you want to put in your own SL you need to enable the override.
  • #307
  • Jan 15, 2009 10:57pm Jan 15, 2009 10:57pm
Quoting todd960960
Ronald the TP and SL don't seem to be working properly on the latest EA.

I set the TP and SL to 5 each and right now I have a short opened on the GBP/USD showing NO TP and a 9 pip SL

short E/J no TP and 9 pip SL

long E/G no TP and a 20 pip SL

Any ideas?

edit: Ok my fault on the TP issues. Forgot to change from false to true. But the SL issues I can't figure out. I do have SL set to true.

thx,
todd
I think that it is s/l + spread, but 5 profit and 5 loss is a major disaster...already tested it for eurusd,,,,but with 20 pip on euggbp...it must be something else then
"Keep your eyes on the helpers" - Mr. Rogers
  • #308
  • Jan 15, 2009 10:58pm Jan 15, 2009 10:58pm
Quoting damonl
if you think that people don't come in FF and take ideas and EA's and sell them, then I would definitely think again.

Basically i just trade daily charts on 24 different pairs using 18 different entry strategies......Thanks for your EA's then, I will take a look.
I'm not so naive to think it doesn't happen. It's already happened twice, and I had fun sending bots to continuously click on their ads to raise their advertising bills, and having some of my end users put up the free version of the EA wherever the thief tried to advertise. I'm prepared to counter those attempts.

As for how you trade, it's similar to mine in the sense that you use several different entry strategies to try and build into a trend across several pairs. The execution of course is different. Who knows, maybe I can just use that as my manual system and develop another EA to handle the rest...yeah, yeah, I know, wishful thinking =D
  • #309
  • Jan 15, 2009 11:00pm Jan 15, 2009 11:00pm
Quoting Ronald Raygun
Did you enable the Override of the SL? If you want to put in your own SL you need to enable the override.
How to enable override?
"Keep your eyes on the helpers" - Mr. Rogers
  • #310
  • Jan 15, 2009 11:07pm Jan 15, 2009 11:07pm
Quoting damonl
How to enable override?

It's in the properties change from false to true.

todd
  • #311
  • Jan 16, 2009 8:34am Jan 16, 2009 8:34am
Quoting Ronald Raygun
All fixed. Problems with the TradingTimes function.

Hi Ron, trying this out, the buy max trades per bar seem to work, the sell doesn't. Looks like the remaining trades logic is under the signals only section. Love your work!

if(SignalsOnly) {
if (SignalMail) SendMail("[Signal Alert]", "[" + Symbol() + "] " + DoubleToStr(Bid, Digits) + "Sell Signal");
if (Alerts) Alert("[" + Symbol() + "] " + DoubleToStr(Bid, Digits) + "Sell Signal");
if (PlaySounds) PlaySound("alert.wav");
RemainingTrades--;
}
  • #312
  • Edited 9:47am Jan 16, 2009 9:31am | Edited 9:47am
Can't make it to work with the strategy tester, for some reason, it doesn't trade at all.
Here are my settings:
Attached File(s)
File Type: zip my.zip   < 1 KB | 614 downloads

Thanks in advance!!!
The journal shows:
SlingShot system GBPUSD,M30: OrderSend error 4051
SlingShot system GBPUSD,M30: invalid lots amount for OrderSend function
  • #313
  • Jan 16, 2009 9:36am Jan 16, 2009 9:36am
Quoting bwk9087
Hi Ron, trying this out, the buy max trades per bar seem to work, the sell doesn't. Looks like the remaining trades logic is under the signals only section. Love your work!

if(SignalsOnly) {
if (SignalMail) SendMail("[Signal Alert]", "[" + Symbol() + "] " + DoubleToStr(Bid, Digits) + "Sell Signal");
if (Alerts) Alert("[" + Symbol() + "] " + DoubleToStr(Bid, Digits) + "Sell Signal");
if (PlaySounds) PlaySound("alert.wav");
RemainingTrades--;
}
Check the most recent version on this thread. I believe the fix has already been added.
  • #314
  • Jan 16, 2009 10:45am Jan 16, 2009 10:45am
RR
Thank you for your effort, its appreciated. I've been trading this system 3 ways - as originally proposed by Martin Alexander, set and forget approach by Bobcat2 and the very nice effort by domonl with his Max MACD trend filter. The results using the original system has been unsuccessful. The other two have provided a positive return. Using the macd trend filter as suggested by damonl (which I've also applied now to Bobcat2 approach has been most successful. Is it possible to add the macd trend filter to your ea with the option of using it or not? I believe this entry filter has significantly increased my wining percentage - the exit strategy remains an open discussion. My winning percentage is excellent (although not as good as damonl); I'm exiting manually based on price action and using the TP/SL as backup if I have to leave my computer for a bit. My trades which have closed using the TP or SL have provided positive pips although not as profitable as when I manually close them - either way its been a winner over the several days I've been trying the modified system. For those who might ask, I've been using the SL's suggested by damonl in an earlier post. I am currently working on ideas on exit strategies other than the two I've mentioned above and will report results when I believe I've executed enough trades to be statistically signifiacnt.

Thanks again - Gary
  • #315
  • Jan 16, 2009 11:15am Jan 16, 2009 11:15am
Quoting soloFx
Can't make it to work with the strategy tester, for some reason, it doesn't trade at all.
Here are my settings:
Attachment
Thanks in advance!!!
The journal shows:
SlingShot system GBPUSD,M30: OrderSend error 4051
SlingShot system GBPUSD,M30: invalid lots amount for OrderSend function
Ordersend...

Is your lot size 0?


Pavatar:
I'm implementing the ideas from damonl's new thread. I'm having a little trouble with the logic involved. If you can help me come up with some code to determine previous red segments and blue segments, that would be great.
  • #316
  • Jan 16, 2009 11:20am Jan 16, 2009 11:20am
Quoting Ronald Raygun
Ordersend...

Is your lot size 0?
Lot size is set to 0.1
  • #317
  • Jan 16, 2009 11:26am Jan 16, 2009 11:26am
Quoting Ronald Raygun
Ordersend...

Is your lot size 0?


Pavatar:
I'm implementing the ideas from damonl's new thread. I'm having a little trouble with the logic involved. If you can help me come up with some code to determine previous red segments and blue segments, that would be great.
RR, can you look at past macd bars and once it goes from negative to positive you have one segment completed. Then you store the highest/lowest value of that segment..
  • #318
  • Jan 16, 2009 11:33am Jan 16, 2009 11:33am
Quoting llambert3
RR, can you look at past macd bars and once it goes from negative to positive you have one segment completed. Then you store the highest/lowest value of that segment..
Sounds simple in theory, right?

I still need to figure out highs/lows in those specific ranges, and that's where it starts to get tricky.
  • #319
  • Jan 16, 2009 11:47am Jan 16, 2009 11:47am
RR, please send me the copy of your .set file if you don't mind, cheers!
  • #320
  • Jan 16, 2009 11:48am Jan 16, 2009 11:48am
Quoting Ronald Raygun
Sounds simple in theory, right?

I still need to figure out highs/lows in those specific ranges, and that's where it starts to get tricky.
yep sure does.. I am a programmer too, just don't have a lot of time to do coding on forex. I would think you would need a nested If statement and if you can read each macd bar value from current to past...Then once the value goes from + to - or vice versa you could tell the cutoff of the segments and can store the high/lows in each segment, but yes it is easier to say than code...

I also know how painful it is getting something to work right
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