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Attachments: Semi automatic EA (Driven Version)
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Semi automatic EA (Driven Version)

  • #241
  • Feb 6, 2009 4:17am Feb 6, 2009 4:17am
Quoting Fredella
Hi,

what do u guys think about backtesting? If I do that over several months, it seems 300 is a good value. If you make it smaller there is a chance your causing a loss when the trade potentially can still be in profit if it turns around.

I agree that at least on GBP/USD the EA is causing losses. I guess this is because there is currently no real trend, it's bouncing up and down.

Fredella
Hi Fredella
Could you check if your EA version is playing the pipsteps ( 40 pips in basic version ) ?
It seems not to work for me.
Regards.
  • #242
  • Feb 6, 2009 4:32am Feb 6, 2009 4:32am
Quoting iopoipoi
Hi SamuraiPower,

I think your system is very very good

the results you made are the proof of that

I also think it is quite difficult to alwasys understand the daily trend, at least for me

also because sometime the trend change during the day

So I think with a big interest the automated version.

thanks again Samurai
and thanks to everyone put their time and efforts on it

I dont know iopoipoi, but I did learn how to interpretate news (which is never get expert on this), how to read candle pattern (4H MACD Phillip Nell is a good thread), how to draw a trend line (Psiholog thread is the best one), read lots of articles and this..and that..., this is long journey and not easy, but when u understand its quite simple.

Me, myself not sure weather the fully auto EA can cover that, but for believers please keep trying.

300 SL can cover the retrace, but when the trend is clear 200SL can accomodate the profit catching.

Regards,
Samurai Power
  • #243
  • Feb 6, 2009 4:37am Feb 6, 2009 4:37am
Quoting Fredella
Hi,

what do u guys think about backtesting? If I do that over several months, it seems 300 is a good value. If you make it smaller there is a chance your causing a loss when the trade potentially can still be in profit if it turns around.

I agree that at least on GBP/USD the EA is causing losses. I guess this is because there is currently no real trend, it's bouncing up and down.

Fredella
I tried on backtest but its still too late on recognizing the trend reversal Fredella, I think gasgas idea by using cci 14 would be good, beouse it will make the EA trade in a clear trend only, leaving the the drawdown behind when the trend reversing.

Regards,
Samurai Power
  • #244
  • Feb 6, 2009 4:38am Feb 6, 2009 4:38am
I forget about trendlines, they sure can be helpfull.

Thanks Samurai...
  • #245
  • Feb 6, 2009 5:13am Feb 6, 2009 5:13am
Quoting madscalp
Results of the morning with Samurai EA:
at London open :
EU daily pivot above price --> only long --> 1 winner trade
GU daily pivot under price --> only short --> 1 winner trade + 1 pending
EG daily pivot above price --> only long --> 1 winner trade
I'm checking 5 pairs EU, GU, UY, EY and EG.
No trading on UY (too much near daily pivot )
EY was "only long" but EA didn't take trade ....why ?????
Total = 150 pips
Based on my analisys GU is long madscalp, but major news tonight might cancel this bull scenario,who knows...

based on my experience japanese yen was rarely open position, maybe its becouse of the code, GU and EU opened position most often.


Regards,
Samurai Power
  • #246
  • Feb 6, 2009 5:26am Feb 6, 2009 5:26am
Quoting gasgas
I forget about trendlines, they sure can be helpfull.

Thanks Samurai...
I see most of senior trader here using trend line, horisontal line and candle pattern as a basic tools to predict support and resistance level, they using it to spot psych level of the price, definately have to lear more about it.

Regards,
Samurai Power

just cuorious to see the price movement update on 1H chart. I think it tries to touch the lower green wall, but if the price hold on orange line it has the opportunity to go up again.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd1h update.gif Size: 16 KB
  • #247
  • Feb 6, 2009 6:02am Feb 6, 2009 6:02am
Hi all,

Detail statement attached, from 16 Jan 09.

Note: on feb 2nd I knew that the price will fall if it breaks 1.4415 level, but since this is a demo I didnt do anything on purpose just to show u what will happens if u against the trend with this EA. But still I got 2433 green pips in just 16 days trading with only one pair G/U.

Below is my post on 1st Feb...
Quoting SamuraiPower
Hi all,

According to my indis, candle pattern, news, I got a little bit insight for still driving the EA long for tomorrow, but still have to watch for the price action, if fibs level at 1.4415 breaks it means i have to be carefull.



Regards,
Samurai Power

Regards,
Samurai Power
Attached Image (click to enlarge)
Click to Enlarge Name: 16 Jan to Today.gif Size: 5 KB
Attached File(s)
File Type: zip 16 Jan to Today.zip   8 KB | 370 downloads
  • #248
  • Feb 6, 2009 6:02am Feb 6, 2009 6:02am
Quoting SamuraiPower
Based on my analisys GU is long madscalp, but major news tonight might cancel this bull scenario,who knows...

based on my experience japanese yen was rarely open position, maybe its becouse of the code, GU and EU opened position most often.


Regards,
Samurai Power
Hi Samurai
I'm a short term trader ...only London session
No positions before and after session.
I'm using a lot pivots , supports and resistances and your Ea is a pretty tool.
Thx.
  • #249
  • Feb 6, 2009 6:15am Feb 6, 2009 6:15am
Quoting madscalp
Hi Samurai
I'm a short term trader ...only London session
No positions before and after session.
I'm using a lot pivots , supports and resistances and your Ea is a pretty tool.
Thx.
O i see that. Well look at the 1H chart madscalp, the price fill the trend line clearly, in short term the price is down and it tries to break the midle orange wall, maybe u got some green pips from it. Good luck.


Regards,
Samurai Power
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd1h update.gif Size: 17 KB
  • #250
  • Feb 6, 2009 6:24am Feb 6, 2009 6:24am
Quoting SamuraiPower
O i see that. Well look at the 1H chart madscalp, the price fill the trend line clearly, in short term the price is down and it tries to break the midle orange wall, maybe u got some green pips from it. Good luck.


Regards,
Samurai Power
Yes but the news are coming soon and today is friday
a couple of reasons to wait a few .....
Attached Image
  • #251
  • Feb 6, 2009 7:30am Feb 6, 2009 7:30am
Quoting madscalp
Hi Fredella
Could you check if your EA version is playing the pipsteps ( 40 pips in basic version ) ?
It seems not to work for me.
Regards.
Hi, I'm now using ForexFlash latest version, not mine anymore. I'll check later if i can find anything wrong, although i don't think it will always step in after 40 pips in the wrong direction, there are more conditions. Maybe Samuray can give his opinion on this.

I noticed that ForexFlash had put his 1 day 1 shift average change only in the OpenHighLow version, so if you want to use it make sure you set the MAtype flag to 1.

FredElla
  • #252
  • Feb 6, 2009 10:17am Feb 6, 2009 10:17am
Hi all,

Touch down again for total +300pips till now, waiting for another +100pips at 1.47854.

On 1H chart...
The price is clearly touching the midle orange trendline and bounce again upward as i expected , let see if the price reach 1.48xxx today.


Regards,
Samurai Power
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd1h update.gif Size: 41 KB
  • #253
  • Feb 6, 2009 10:37am Feb 6, 2009 10:37am
The market range is 167pips from low to high, but I managed to get +300pips until now today, and +57pips on running position. For total 2,531 pips from 16 Jan 2009

Regards,
Samurai Power
Attached Image (click to enlarge)
Click to Enlarge Name: 16 Jan to Today.gif Size: 5 KB
Attached File(s)
File Type: zip 16 Jan to today update.zip   8 KB | 282 downloads
  • #254
  • Feb 6, 2009 10:56am Feb 6, 2009 10:56am
congratz SamuraiPower!
  • #255
  • Feb 6, 2009 11:14am Feb 6, 2009 11:14am
Recap for only one pair G/U, please see the attachment.

Regards,
Samurai Power
Attached File(s)
File Type: xls Recap2.xls   25 KB | 410 downloads
  • #256
  • Feb 6, 2009 11:30am Feb 6, 2009 11:30am
Very nice S-Power

and from only one pair...

Well, when I tested few pairs, I didn't give them all enough observation, and didn't exit safe. So there were losses.
And when a traded only one pair, max two. I get good resoults.
So basically me personally will concentrate on one max two pairs, and give them a deep look when will trade..news, technical analys bla bla...
  • #257
  • Feb 6, 2009 11:45am Feb 6, 2009 11:45am
Hi Samurai Power,

Thank you for sharing this system to us. I really enjoy this semi method so much. I also look your statement carefully in order to find out how to control the big loss when you are against the trend.

From your statement: on Feb 02, you have big loss.

18644018 2009.02.02 01:07 buy 0.10 gbpusd 1.44435 1.41435 1.45435 2009.02.02 13:59 1.41435 0.00 0.00 0.00 -300.00
18649013 2009.02.02 02:16 buy 0.10 gbpusd 1.44026 1.41026 1.45026 2009.02.02 14:08 1.41026 0.00 0.00 0.00 -300.00
18663311 2009.02.02 05:56 buy 0.10 gbpusd 1.43600 1.40600 1.44600 2009.02.02 14:26 1.40600 0.00 0.00 0.00 -300.00
18679360 2009.02.02 09:17 buy 0.10 gbpusd 1.43197 1.40197 1.44197 2009.02.02 17:05 1.41423 0.00 0.00 0.00 -177.40
18691867 2009.02.02 10:30 buy 0.10 gbpusd 1.42761 1.39761 1.43761 2009.02.02 17:06 1.41459 0.00 0.00 0.00 -130.20
18693263 2009.02.02 10:38 buy 0.10 gbpusd 1.42360 1.39360 1.43360 2009.02.02 17:06 1.41465 0.00 0.00 0.00 -89.50

Here are my 2 questions:

1. Is it supposed to have 7 trades because the ST=300, PipStep=40 from 1.44435 drop to 1.41435? Why do you only have 6 trades?

2. When you got the 3rd trade SL, did you close the rest 3 trade manually or by EA itself? or at that moment you realized you jumped in the wrong trend?

When one jumps in the trend wrong from the beginning,
If he gets the #1 SL, he realizes he was wrong and close all the trades, then he will get 1260 pips of loss for 7 trades.
If he gets the #2 SL, he realizes he was wrong and close all the trades, then he will get 1500 pips of loss for 7 trades.
If he gets the #3 SL, he realizes he was wrong and close all the trades, then he will get 1700 pips of loss for 7 trades.
If he gets the #4 SL, he realizes he was wrong and close all the trades, then he will get 1860 pips of loss for 7 trades.
If he gets the #5 SL, he realizes he was wrong and close all the trades, then he will get 1980 pips of loss for 7 trades.
If he gets the #6 SL, he realizes he was wrong and close all the trades, then he will get 2060 pips of loss for 7 trades.
If he gets the #7 SL, he realizes he was wrong and close all the trades, then he will get 3500 pips of loss for 7 trades.

So before you drive EA, you study the chart, analyze all the indications and MAs, the Loss still will happen. What's the best solution to avoid this, I am thinking of it. Any comments are welcomed.
  • #258
  • Feb 6, 2009 11:46am Feb 6, 2009 11:46am
Quoting gasgas
Very nice S-Power

and from only one pair...

Well, when I tested few pairs, I didn't give them all enough observation, and didn't exit safe. So there were losses.
And when a traded only one pair, max two. I get good resoults.
So basically me personally will concentrate on one max two pairs, and give them a deep look when will trade..news, technical analys bla bla...
My observation is G/U and E/U opened the most position, so I choose the two pair, But when I compare it between the two of them E/U daily chart is curly, thats what makes the daily trend a bit hard to predict, then look at the G/U daily chart, it gives u a nice and smooth trend and makes u easy to read the trend goes. Then u know what other pair to choose by visualy looking the daily chart.

Regards,
Samurai Power
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd daily.gif Size: 18 KB
Click to Enlarge Name: gbpusd daily.gif Size: 17 KB
  • #259
  • Feb 6, 2009 11:52am Feb 6, 2009 11:52am
OOOPPSSS.....

Touch down for the 4th time today, +100 pips each, for total +400pips today.

Regards,
Samurai Power
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 41 KB
  • #260
  • Feb 6, 2009 12:30pm Feb 6, 2009 12:30pm
Quoting asamca_jason
Hi Samurai Power,

Thank you for sharing this system to us. I really enjoy this semi method so much. I also look your statement carefully in order to find out how to control the big loss when you are against the trend.

From your statement: on Feb 02, you have big loss.


Here are my 2 questions:

1. Is it supposed to have 7 trades because the ST=300, PipStep=40 from 1.44435 drop to 1.41435? Why do you only have 6 trades?

2. When you got the 3rd trade SL, did you close the rest 3 trade manually or by EA itself? or at that moment you realized...
Great Asamca_jason. I think u pay attention on the detail,..

1. The answer is I don't know why it happened like that asamca, I saw that too when it happened, and i've been wondering why just like u do now. That is happens quite often I guess, when my running position is let say -50pips it didnt opened another position yet, dont know why, maybe its about the code, or maybe the price moves really fast, but i dont know for sure.

2. I knew that if the price goes beyond some level, it might be a trend reversal just like I posted earlier, and when it happen on 2nd Feb i didnt drive the EA on purpose just to show u guys how danger it would be, But the price goes too far beyond my expectation, it closses 3 running position with -300pips each, I think that is enough to show u guys to be aware, then I close the rest opening position manually, then I didnt trade full day on the next day becouse I couldnt read where the trend will go, as u can see on the statement result, then when the trend is clear I jump again just like today.
If I was running it on real acc I will close the running position even its negative before it becomes a nightmare, and jump to the street driving the EA again when the trend is clear.

It is really important not to trade when u feel uncertain about where the daily trend will go.

Yes I study the chart before I decided to run the EA,
1. read news, and another expert analisys
2. historical price action (I didnt have feeling on trading on 2nd Feb becouse when I saw the historical chart the price fell down so hard on monday from several weeks before, but my indis still show me an uptrend, that what makes me aware)
3. draw trend line (important to see support and resistance/psych level)
4. read the candle pattern
5. and of course my indis
6. my mood and my feeling about the trend, when im not in the mood and doubt about the direction i dont trade, even if i have to loose lots of pips.

it seems like a long list but when u experience with it, it wont take too much time.


Regards,
Samurai Power
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