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

  • #261
  • Feb 6, 2009 12:39pm Feb 6, 2009 12:39pm
Guys like i told u the price goes to more than 1.48xxx, it tries to break the major resistence, need to be aware, if the major resistance (yellow line) hold it might go back down again but if it goes thru then we might see 1.5xxxx.


Regards,
Samurai Power

4H Chart
Attached Image (click to enlarge)
Click to Enlarge Name: chart 2.gif Size: 16 KB
  • #262
  • Feb 6, 2009 12:47pm Feb 6, 2009 12:47pm
Hi Edwin2506,

I couldnt reach your PM nor your email, please PM or email me.

Regards,
Samurai Power
  • #263
  • Feb 6, 2009 12:51pm Feb 6, 2009 12:51pm
2.631 pips from 16 Jan 2009


Regards,
Samurai Power
Attached Image (click to enlarge)
Click to Enlarge Name: 16 Jan to today update.gif Size: 5 KB
Attached File(s)
File Type: zip 16 Jan to Today update.zip   8 KB | 376 downloads
  • #264
  • Feb 6, 2009 1:02pm Feb 6, 2009 1:02pm

SamuraiPower Congratulation for 2.631 pips from 16 Jan 2009 keep on good work

  • #265
  • Feb 6, 2009 1:13pm Feb 6, 2009 1:13pm
Hi Samurai Power,

Thanx for the reply and suggestions.

Our homework is really an important part for this system. Since 300pips of SL is so reliable as you mentioned, do you mind expressing how you control your trades when you have 4~5 orders? for example, you have 6 profit trades in Jan 21th. When EA opened so many trades, will you get fear because that means 200pips below your original trade? Will you still wait for the reversal or will abandon the trades when the price hit the first SL? It's common for retracement to have over 300pips, right? So what will you do?

to my point of view,

1. We should have a big deposit.

2. Probably we should have MM to control the potential Loss. But still if the price hit the First SL, you will have 1260 pips loss.

Sorry, all I concerned are the Losses. Knowing the Max real drawdown is the first thing when we trade EA in real account.

Thanx again. Have a nice weekend.

asamca
  • #266
  • Feb 7, 2009 12:49am Feb 7, 2009 12:49am
Quoting asamca_jason
Hi...
Great, its a very good detail question asamca.
Fear of course, emotion plays important role, thats why i jump when the trend is clear and check it 1 or 2 times a day, but im not gonna jump if i sense something wrong, trade only 7 days a month or when it gives u a clear trend, then 5000 deposit is enough, but my suggestion is 0.1 lot for every 10000 balance. Experience of using this EA will answer most of nontechnical question, every people might have a different MM and setting, so just keep demo it for at least 3month, but if u guys are not sure with it just dont use it.
I saw many people gives a different result using this EA, emotion really plays there. This is a semiauto EA, learn more if u like it and leave it if u dont.

Regards,
Samurai Power
  • #267
  • Feb 7, 2009 1:55am Feb 7, 2009 1:55am
Hey Samurai...

Did you consider running FireBird on 1m chart...?
Backtesting shows even more pips, I think it opens more trades.
Will forward test next week on 1m.


Regards,
  • #268
  • Feb 7, 2009 2:16am Feb 7, 2009 2:16am
Quoting gasgas
Hey Samurai...

Did you consider running FireBird on 1m chart...?
Backtesting shows even more pips, I think it opens more trades.
Will forward test next week on 1m.


Regards,
Hello friend,

Never think about that, ok i'll try it on back test now.


Regards,
Samurai Power
  • #269
  • Feb 7, 2009 2:42am Feb 7, 2009 2:42am
Quoting gasgas
Hey Samurai...

Did you consider running FireBird on 1m chart...?
Backtesting shows even more pips, I think it opens more trades.
Will forward test next week on 1m.


Regards,
I tried on 1 min chart gasgas, but it doesnt give me a different result.

Back test 1 month period from 1 Aug 2008 to 31 Aug 2008.
Setting:
Direction : Short only
TP : 100pips
The rest setting is default

On 5 Min chart : generate +3079 pips
On 1 Min chart : generate +3078 pips

I have no idea why your back test gives u different result.

Regards,
Samurai Power
  • #270
  • Feb 7, 2009 2:55am Feb 7, 2009 2:55am
hm...I forget wich pair I tested, but resoults were very diferent

I will look into it, when I get home, still in day job lol
  • #271
  • Feb 7, 2009 6:04am Feb 7, 2009 6:04am
Quoting SamuraiPower
I tried on 1 min chart gasgas, but it doesnt give me a different result.
hey mate,

I see difference now.
I was testing with 50 pips TP, and here we have different results.
With 50pip TP, EA on 1m chart generates about 20% more profits than on 5min. For 100 pip TP, true, its the same.
  • #272
  • Feb 7, 2009 12:07pm Feb 7, 2009 12:07pm
Quoting SamuraiPower
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
Hi,

i have created a version with CCI14, that is, just at the moment the trade is ordered, a check is made if the current daily cci(14) is above a certain threshold (parameterised) in case of a buy order, or below the same but negative threshold in case of a sell order. The cci is calculated with the "typical" price (H+L+C/3). I have also parameterised the averaging period (14) and found that it is best set at 4 instead of 14.

I feel that CCI is also too late to pick trend changes in certain cases, e.g. 19th of Jan 2009 for GBP/USD.

Try it for urself.

Fredella
Attached File(s)
File Type: mq4 Firebird v63G CCI14.mq4   26 KB | 628 downloads
  • #273
  • Feb 7, 2009 12:30pm Feb 7, 2009 12:30pm
Sounds like a good upgrade of the EA, Fredella. I'll try it out next week.
Quoting Fredella
Hi,

i have created a version with CCI14, that is, just at the moment the trade is ordered, a check is made if the current daily cci(14) is above a certain threshold (parameterised) in case of a buy order, or below the same but negative threshold in case of a sell order. The cci is calculated with the "typical" price (H+L+C/3). I have also parameterised the averaging period (14) and found that it is best set at 4 instead of 14.

I feel that CCI is also too late to pick trend changes in certain cases, e.g. 19th of Jan 2009 for GBP/USD.

Try...
  • #274
  • Feb 7, 2009 1:00pm Feb 7, 2009 1:00pm
Quoting paradoxical
Sounds like a good upgrade of the EA, Fredella. I'll try it out next week.
Please note that this is not proven to be production worthy so ONLY try on demo accounts.

The best results I have with ForexFlash's Firebird_auto trend_(SMAperiod 1_Shift1_Median_Daily TF).mq4 in backtest from August 2008 till now on GBPUSD but it will only work with MAtype set to 1.

I also noticed that the TradeOnFriday flag is not coded properly. I have fixed this in my version.

All the best

Fredella
  • #275
  • Feb 7, 2009 1:46pm Feb 7, 2009 1:46pm
Thanks for your help here Fredella
  • #276
  • Edited 10:02pm Feb 7, 2009 9:14pm | Edited 10:02pm
Quoting Fredella
Hi,

i have created a version with CCI14, that is, just at the moment the trade is ordered, a check is made if the current daily cci(14) is above a certain threshold (parameterised) in case of a buy order, or below the same but negative threshold in case of a sell order. The cci is calculated with the "typical" price (H+L+C/3). I have also parameterised the averaging period (14) and found that it is best set at 4 instead of 14.

I feel that CCI is also too late to pick trend changes in certain cases, e.g. 19th of Jan 2009 for GBP/USD.

Try...
Nice work, this is my back test.

1 month back test period from Jan 1st 2009 to 31st Jan 2009

Setting:
Pair : G/U
Direction : Long & Short (since this is a fully auto EA)
TP : 100 pips
SL : 200 pips
The rest setting is default

It managed to get +2594 pips in a month which is quite good for recognozing the trend reversal, I'll keep monitoring this.

Regards,
Samurai Power
  • #277
  • Feb 7, 2009 9:59pm Feb 7, 2009 9:59pm
Hi All,

Update for semi auto EA, please look at the daily chart for G/U.

Historical chart shows that every monday the price extreemly reverse, market emotion play dominant every monday, as i pointed on the pic.
There is two reason why the price might tend do down tomorrow, becouse its monday and its becouse standing at the upper yellow line which is a major resistance, and there is no major news tomorrow, the market emotion will surely play its part.
To up, if the upper yellow line is breaks then we will see an uptrend continuation, wich I will jump full armed (adding lot size to maximize profit) when its clear already.
But in the other hand my indis still shows a good uptrend.
This is almost the same situation on Feb 2nd, if that was a real acc, I surely not jumped, rather wait untill the trend is clear. But **** yea, that was a demo and its a good point to show u to be carefull.

Those two aspect above is not in the line so that makes me to take a day off tomorrow until I see clearly the direction of the trend.


Regards,
Samurai Power
Attached Image(s) (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 21 KB
Click to Enlarge Name: chart2.gif Size: 18 KB
  • #278
  • Feb 8, 2009 7:46am Feb 8, 2009 7:46am
Quoting SamuraiPower
...
It managed to get +2594 pips in a month which is quite good for recognozing the trend reversal, I'll keep monitoring this.

Regards,
Samurai Power
Hi Samurai Power.

That's strange. I never got this result, far from it. Did you do this on 1M or
5M or other TF.

Fredella
  • #279
  • Feb 8, 2009 8:26am Feb 8, 2009 8:26am
Quoting SamuraiPower
Nice work, this is my back test.

1 month back test period from Jan 1st 2009 to 31st Jan 2009

Setting:
Pair : G/U
Direction : Long & Short (since this is a fully auto EA)
TP : 100 pips
SL : 200 pips
The rest setting is default

It managed to get +2594 pips in a month which is quite good for recognozing the trend reversal, I'll keep monitoring this.

Regards,
Samurai Power
Quoting Fredella
Hi Samurai Power.

That's strange. I never got this result, far from it. Did you do this on 1M or
5M or other TF.

Fredella
Yes thats true fredella..

When I test it for 2 month period from 1 Des 2008 to 31 Jan 2009 it generate +3,587pips.

My setting...
Deposit $10.000,
SL : 200pips not 300pips
TF : 5 Min
Pair : G/U
Direction : Long & Short (since this is a fully auto EA)
TP : 100 pips
The rest setting is default

Check back the setting and try again Fredella and post the result ok...


Regards,
Samurai Power
  • #280
  • Feb 8, 2009 8:46am Feb 8, 2009 8:46am
Quoting SamuraiPower
Yes thats true fredella..

When I test it for 2 month period from 1 Des 2008 to 31 Jan 2009 it generate +3,587pips.

My setting...
Deposit $10.000,
SL : 200pips not 300pips
TF : 5 Min
Pair : G/U
Direction : Long & Short (since this is a fully auto EA)
TP : 100 pips
The rest setting is default

Check back the setting and try again Fredella and post the result ok...


Regards,
Samurai Power
But when I back test it for 1 year period it doesnt give me a significant result.

Regards,
Samurai Power
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