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

  • #341
  • Feb 11, 2009 1:17am Feb 11, 2009 1:17am
Quoting gasgas
hello friend,

Well basically I want only concentrate on one pair Gbp/Usd. yesterday a went one trade long for 50 pips, but then price hits upper channel line (possible retrace), so I shut down EA. Price went 500pips down till now. So if I would stay with 'Long', I would have preaty bad day today.
We must be carful for days like this...See picture, this indi. can give you heads up, when is wise to take a break and get out from trades in time.
Hi gasgas friend its nice indis u have, i!ll try it.
Yesterday was minus after the lower blue line breaks, the price was down again in a large range, wrong prediction.

Regards,
Samurai Power
  • #342
  • Feb 11, 2009 3:19am Feb 11, 2009 3:19am
hi,
terrible day yesterday and this night, many lossess all around.

Fredella touch 4 times the stop loss, just one winning trade

Forexflash also took the stop loss, but much more winning trades

The old V2 5m is the best until now, all the trades closed in positive
but the problem is that open only short, in a long day I think could hurt you


I think we need to tweak something, the system is very good however

cheers.
iopoipoi
  • #343
  • Feb 11, 2009 3:46am Feb 11, 2009 3:46am
Quoting iopoipoi
hi,
terrible day yesterday and this night, many lossess all around.

Fredella touch 4 times the stop loss, just one winning trade

Forexflash also took the stop loss, but much more winning trades

The old V2 5m is the best until now, all the trades closed in positive
but the problem is that open only short, in a long day I think could hurt you


I think we need to tweak something, the system is very good however

cheers.
iopoipoi
Hi,

I agree that yesterday clearly showed the automatic approach isn't working. I think the sudden trend reversal has done major damage and only manual setting helps. Even then you could have chosen to go long as I believe SamuraiPower did. I will leave the EA running to see if it will recover throughout this week, but am going to think about solutions to this as well.

Fredella
  • #344
  • Feb 11, 2009 3:56am Feb 11, 2009 3:56am
Fredella,

you are the magician of the EA

I am sure you could find the way

for example, what about implementing the channel indicator posted by gasgas?

Do you think this could be done?

the problem is to change during the day,
I think it could be done

maybe just an MA could do that..


Look at the V2 5m version, this works great
the only thinks is that opens only short
once we solve that we can say it is a big advance

thanks for your efforts, I hope many suggestions are coming
  • #345
  • Feb 11, 2009 3:58am Feb 11, 2009 3:58am
And trying to operate on 1m chart but with the channel on 15m or 1h?

Take profit 20 or something like that


we can work on many settings, I can help with tests, not on coding sorry
  • #346
  • Feb 11, 2009 7:41am Feb 11, 2009 7:41am
Quoting gasgas
I attached indicator which automatically drawn trend lines, I find it useful, no need to draw them manually.
If anybody wants it...oh and little red circle shows, where line had been broken.
hi gasgas...

just wanna ask what action to take if the line had been broken..??

thanks..
K.I.S.S -> Keep It Super Simple...
  • #347
  • Feb 11, 2009 8:55am Feb 11, 2009 8:55am
Quoting cili82
hi gasgas...

just wanna ask what action to take if the line had been broken..??

thanks..
Consider this two lines as support/resistance, so price ''might'' bounce from it and change direction. But be aware, after line is broken, in next bar, channel will extend. Place it on 1h and 4h charts, and watch how price reacts after broke the channel line.
  • #348
  • Feb 11, 2009 9:02am Feb 11, 2009 9:02am
Hi all,

Yesterday was quite a heavy day, i'll try to add 4H chart as a manual trend recognition, hopefully I will always have time (not busy) when the time to control the chart.


Regards,
Samurai Power
  • #349
  • Feb 11, 2009 10:49am Feb 11, 2009 10:49am
Hello Samurai,

the point is really this, the time to watch the chart

I think we are very close to a very very good fully automated EA

Do you have any suggestion to improve the existing ones?
  • #350
  • Feb 11, 2009 1:33pm Feb 11, 2009 1:33pm
Hi,

whilst we're going to think about ways to improve, i have here attached a version that seems an improvement to the current CCI one, in that it checks that the CCI is in a trending state, i.e. not retracting back to zero. Try it out and let me know. It will do far less trading then the previous one but it should be more successful. I tried it on G/U and since January 1st it would just hit one SL out of 30 trades. For different currencies you might need to alter the settings.

The other positive note is that backtesting seems very identical to demo trading when i look at the trades the CCI system entered into and when i then compare it to the results of the back test. The only drawback of backtesting remains the issue that you can not do anything with days and times as noted previously.

As always: do not use this EA on a live account.

Fredella
Attached File(s)
File Type: mq4 Firebird v63G CCI v2.mq4   26 KB | 735 downloads
  • #351
  • Feb 11, 2009 2:23pm Feb 11, 2009 2:23pm
Thanks Fredella,

I will try it in exchange of yours before..

still I have to learn how to backtest..




Quoting Fredella
Hi,

whilst we're going to think about ways to improve, i have here attached a version that seems an improvement to the current CCI one, in that it checks that the CCI is in a trending state, i.e. not retracting back to zero. Try it out and let me know. It will do far less trading then the previous one but it should be more successful. I tried it on G/U and since January 1st it would just hit one SL out of 30 trades. For different currencies you might need to alter the settings.

The other positive note is that backtesting seems very identical...
  • #352
  • Feb 12, 2009 4:06am Feb 12, 2009 4:06am
Quoting Fredella
Hi,

whilst we're going to think about ways to improve, i have here attached a version that seems an improvement to the current CCI one, in that it checks that the CCI is in a trending state, i.e. not retracting back to zero. Try it out and let me know. It will do far less trading then the previous one but it should be more successful. I tried it on G/U and since January 1st it would just hit one SL out of 30 trades. For different currencies you might need to alter the settings.

The other positive note is that backtesting seems very identical...
Hi Fredella fren,

I do really know how powerfull this EA on catching alot of pips,a good trend recognition tools for this EA can make it 95% perfect, for me there will be a drawdown, but if statistic result said 1 loss for every 30 trading time is more than enough for me, i'll test it hopefully we can upgrade from manual to auto in just a few step ahead. Thx fredella fren.

Regards,
Samurai Power
  • #353
  • Feb 12, 2009 5:39am Feb 12, 2009 5:39am
yes,

it would be very good..

I am testing this new version Fredella,I will let you know


otherwise I would like to remark the best results I am having is with the old V2 5m, no loosing trade this week.

The only thing I am thinking is what happen if there is a long day, it opens only short

does anyone have tested it in a long day?
can someone try to backtest it (I am not able to)?


thanks to everyone

iopoipoi



Quoting SamuraiPower
Hi Fredella fren,

I do really know how powerfull this EA on catching alot of pips,a good trend recognition tools for this EA can make it 95% perfect, for me there will be a drawdown, but if statistic result said 1 loss for every 30 trading time is more than enough for me, i'll test it hopefully we can upgrade from manual to auto in just a few step ahead. Thx fredella fren.

Regards,
Samurai Power
  • #354
  • Feb 12, 2009 6:48am Feb 12, 2009 6:48am
Quoting iopoipoi
yes,

it would be very good..

I am testing this new version Fredella,I will let you know


otherwise I would like to remark the best results I am having is with the old V2 5m, no loosing trade this week.

The only thing I am thinking is what happen if there is a long day, it opens only short

does anyone have tested it in a long day?
can someone try to backtest it (I am not able to)?


thanks to everyone

iopoipoi
Hi, is the ForexFlash one you are referering to as V2 5m? If so in my view there is a bug which causes this behaviour. I can run a back test on this one later.

Fredella
  • #355
  • Feb 12, 2009 7:00am Feb 12, 2009 7:00am
Quoting Fredella
Hi, is the ForexFlash one you are referering to as V2 5m? If so in my view there is a bug which causes this behaviour. I can run a back test on this one later.

Fredella
Yes I think thats what iopoipoi refer to fredella, and on my test also it wont open long either even if its a strong uptrend.

Regards,
Samurai Power
  • #356
  • Feb 12, 2009 7:26am Feb 12, 2009 7:26am
Quoting Fredella
Hi,

..... I tried it on G/U and since January 1st it would just hit one SL out of 30 trades. For different currencies you might need to alter the settings....


Fredella
Fredella any spesific setting for your result? my back test does'nt seem showing a significant result.

Regards,
Samurai Power
  • #357
  • Feb 12, 2009 7:27am Feb 12, 2009 7:27am
Yes Fredella,

thanks for your interest.

this version in this weekend doesn't closed negative trades, in all conditions,
meaningwhile collecting more positive trades than every other version.

I remember you checked the bug before, but I think that if we can solve this issue this version is a good starting point.


I have also to say the last you posted is the first day of usage, so I can't tell how is going.


thanks,
iopoipoi



Quoting SamuraiPower
Yes I think thats what iopoipoi refer to fredella, and on my test also it wont open long either even if its a strong uptrend.

Regards,
Samurai Power
  • #358
  • Feb 12, 2009 12:25pm Feb 12, 2009 12:25pm
hey guys,
does ''pip step'' funkcion working properly with you.
I notice today, ea didn't open another trade and was over 50pips above first entry
  • #359
  • Feb 13, 2009 4:18am Feb 13, 2009 4:18am
hi all,

just to add some numbers to my consideration about the V2 5m version.

until now in this week it has been collecting 2300 pips
with take profit 50 pips on eur/usd and gbp/usd.

the other systems are not comparable with this.

today could be a good test, because we know it is not working on long trend.

I know that if we can solve the issue about the only short trade we would not collect so many pips and see some losses, but at the end of the week I think it would be positive after all with this numbers.

I hope we will improve it, very profitable until now.
  • #360
  • Feb 13, 2009 4:46am Feb 13, 2009 4:46am
Quoting iopoipoi
hi all,

just to add some numbers to my consideration about the V2 5m version.

until now in this week it has been collecting 2300 pips
with take profit 50 pips on eur/usd and gbp/usd.

the other systems are not comparable with this.

today could be a good test, because we know it is not working on long trend.

I know that if we can solve the issue about the only short trade we would not collect so many pips and see some losses, but at the end of the week I think it would be positive after all with this numbers.

I hope we will improve it,...
Hi oipoipoi,

could you share with us the actual details of the pips gained, i can then check in backtest what has happened. Could you also post your settings of the EA so that results are going to be identical.

thanks,
Fredella
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