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Kang Gun Relative Strength trading - the EA's

  • #41
  • Feb 12, 2009 3:21pm Feb 12, 2009 3:21pm
Quoting SteveHopwood
V1.3 is the first attempt to introduce opposite-direction scalp trades in addition to the main Cross trade. It is a bit of a blunt instrument approach, but will save me a lot of coding if it works. If not, I have the basis to expand outwards into more complex routines.


From the user guide:...
Woi..Steve...!! You are amazingly very fast.... Sometimes I wondering..How many hours that you sleep everyday...?! Creating a program is a one thing...and to think how to built a program and testing it it's require long hours to do that, but you you did 3 versions in less than 24 hours...You are really great man...!!

Anyway, this is the glance report for V1.2 (V1.3 I'll test it shortly prior Asian session start). V1.2 start one hour before NY start hours. The max trades was opened by V1.2 is 8 trades and with max DD is -$3.5. Since then, the V1.2 already produced 229 pips with 8 pending trades and DD +$0.41 (just wondering..if the DD is +ve, are you call it DD or it's another term's..?!). In fact this EA is already passed our monster performance...DoubleUp.. !!!

For the 1st time, I'm thinking to changed my old V5 4HTF demo test with the V1.3 versions... You'll be surprised if I tell you that I'm still using the old V5 instead of there are versions has been updated.

Cheers

sahars

P/s : This time is already morning in Malaysia...Actually..I'm not feeling well..That's why I spent my time watching 7 demos running in my PC..
  • #42
  • Feb 12, 2009 4:08pm Feb 12, 2009 4:08pm
Blimey.... so many post in such a short time and an update (or two) from Steve!!!

There was me thinking this thread would be a bit slower. LOL

Keep up the good work all....

Eddie
  • #43
  • Feb 12, 2009 5:00pm Feb 12, 2009 5:00pm
Steve,

The V1.3 had opened 9 trades. 4 of 9 trades closed by ODT TP, while 5 of 9 trades was closed by ODT SL.To ensure the profit at TP=10, SL=10, the ODT TP must win at least 2 times than lost by ODT SL.

I'll change the setup for ODT TP=5,and ODT SL=10, all setup follow default except the following :
TF = 4H, Stoch Filter=False, Cross validating at 240,60,30,15, JS=21, AddBEP=15, Partial Closed Enabled.

Cheers

Sahars.
Attached Image (click to enlarge)
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  • #44
  • Feb 12, 2009 5:08pm Feb 12, 2009 5:08pm
Quoting sahars
Steve,

The V1.3 had opened 9 trades. 4 of 9 trades closed by ODT TP, while 5 of 9 trades was closed by ODT SL.To ensure the profit at TP=10, SL=10, the ODT TP must win at least 2 times than lost by ODT SL.

I'll change the setup for ODT TP=5,and ODT SL=10, all setup follow default except the following :
TF = 4H, Stoch Filter=False, Cross validating at 240,60,30,15, JS=21, AddBEP=15, Partial Closed Enabled.

Cheers

Sahars.
Brilliant testing, Sahars. Your eye for detail and ability to approach things methodically are characteristics that I lack.

  • #45
  • Feb 12, 2009 5:11pm Feb 12, 2009 5:11pm
Steve - am I right in understanding the -----Opposite direction trades----- feature that it is in effect hedging the other trade opened?

If so why is it not opening one every time?

Eddie
Attached Image (click to enlarge)
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  • #46
  • Feb 12, 2009 5:16pm Feb 12, 2009 5:16pm
Quoting eddiemiller
Steve - am I right in understanding the -----Opposite direction trades----- feature that it is in effect hedging the other trade opened?
Not really. More a quick scalping attempt. We are not sure yet whether it has legs or not.

Quote
If so why is it not opening one every time?

Eddie
Because the mt4 platform is crap.

  • #47
  • Feb 12, 2009 5:21pm Feb 12, 2009 5:21pm
I'm going to offer my .02 for what it is worth.
The last thread was a monster and basically unmanageable for anyone not tuned in from way back.

The rapid fire development of the ea's are, imo, maybe not the best thing.

I am only suggesting that progress may be better served by slowing down the process and perfecting ("perfecting" is really not the right word) a working DC ea.
Oh I know it "works" in that it places & closes trades...
There are times you need to stop moving and get a solid base line going and determine what the ea is and is not doing.
Changing it every other day presents a constantly moving, changing target.
oh well, jmo,
  • #48
  • Feb 12, 2009 5:27pm Feb 12, 2009 5:27pm
Quoting tommyd
I'm going to offer my .02 for what it is worth.
The last thread was a monster and basically unmanageable for anyone not tuned in from way back.

The rapid fire development of the ea's are, imo, maybe not the best thing.

I am only suggesting that progress may be better served by slowing down the process and perfecting ("perfecting" is really not...
Thats a well put point.

Eddie
  • #49
  • Feb 12, 2009 5:29pm Feb 12, 2009 5:29pm
Quoting SteveHopwood
Because the mt4 platform is crap.

So I take it that it should but due to the platform isn't playing ball, right?

This kinda mucks up the test. After all you can have a super fast sports car but if it doest run in daylight then there isn't much point developing it, is there?

What can be done (if anything) to the code to assist the limitations of MT4?

Eddie
  • #50
  • Feb 12, 2009 5:36pm Feb 12, 2009 5:36pm
Hi,

My first post here.

Quoting sahars
TF = 4H, Stoch Filter=False, Cross validating at 240,60,30,15, JS=21, AddBEP=15, Partial Closed Enabled.
I may be mistaken, but for H4, should the Cross validating be at 60,30,15,5 instead?
Just checking for confirmation.

I'd like to thank everyone in this thread for their commitment, tireless efforts and brilliant ideas put into this great trading method.

Cheers,
  • #51
  • Edited 6:23pm Feb 12, 2009 5:40pm | Edited 6:23pm
Quoting tommyd
I'm going to offer my .02 for what it is worth.
The last thread was a monster and basically unmanageable for anyone not tuned in from way back.

The rapid fire development of the ea's are, imo, maybe not the best thing.

I am only suggesting that progress may be better served by slowing down the process and perfecting ("perfecting" is really not...
Every other day? You think this EA sits still for a day at a time? How dare you, sir?

Seriously, though, if you don't want to keep up with the latest developments, then you do not have to.Stick with an older version.

Every new release of the EA has these characteristics:

  1. It adds to what came before. Nothing is removed from previous versions (actually, there is one exception to this, but it is so far back that nobody will remember).
  2. Each new version comes with an updated user guide. 'Tis up to the user to keep up with the info provided therein, or stick with an older version.

It only appears that things move with hysterical speed here. The reality is two-fold:

  1. There are some seriously creative and clever minds involved in developing this EA; from, such minds, do creative ideas flow. I am not one of them; I am merely the mechanic that bolts it all together.
  2. I am at a stage in my career as a pianist and piano teacher where I have the time to devote to coding that I would not have enjoyed 20 years ago. That is why ideas appear to be coded almost as soon as they are suggested. 20 years ago, I would still be writing the Original method EA and someone else would have taken over a long time ago.

Frankly, asking this process to slow down is a bit like playing King Canute. It will slow down eventually, but not for a while yet.

  • #52
  • Feb 12, 2009 5:43pm Feb 12, 2009 5:43pm
Quoting casper999
Hi,

My first post here.



I may be mistaken, but for H4, should the Cross validating be at 60,30,15,5 instead?
Yes.

  • #53
  • Feb 12, 2009 5:49pm Feb 12, 2009 5:49pm
Quoting eddiemiller
So I take it that it should but due to the platform isn't playing ball, right?
Don't actually know as you provided no extra info. All I can say is:

  1. The opp dir trades have mostly been placed on my demos.
  2. When they have failed, it has been a platform-related prob - trade context busy, disconnect, that sort of thing.

Quote
This kinda mucks up the test. After all you can have a super fast sports car but if it doest run in daylight then there isn't much point developing it, is there?

What can be done (if anything) to the code to assist the limitations of MT4?

Eddie
According to Bluto, very little. He is a seriously clever programmer whose best efforts are still sometimes defeated by this wretched platform.

You might get some hint of the difficulties involved from the fact that I have to release a separate version of the EA for Alpari users.

  • #54
  • Edited 7:25pm Feb 12, 2009 7:23pm | Edited 7:25pm
Quoting SteveHopwood
Don't actually know as you provided no extra info. All I can say is:

  1. The opp dir trades have mostly been placed on my demos.
  2. When they have failed, it has been a platform-related prob - trade context busy, disconnect, that sort of thing.

According to Bluto, very little. He is a seriously clever programmer whose best efforts are still sometimes defeated by this wretched platform.

You might get some hint of the difficulties involved from the fact that I have to release a separate version of the EA for Alpari users....

Steve

I am on IBX (same as you, as per the screen shot!).

The settings were shown there and I am confused as there were no error messages in the log.... it's as if they never got considered in the first place/never happened in the mind of the EA.

Having watched it for a couple of hours whilst watching TV it has NOT tried to open many at al (4 in total)l.

Results with setting are imaged below (new demo account, started today)

Don't get me wrong... I am not having a go... I would like to find out what is going on so that it can be fixed (be it my pc, MT4 or the EA)

Eddie
Attached Image(s) (click to enlarge)
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  • #55
  • Feb 12, 2009 7:57pm Feb 12, 2009 7:57pm
Quoting SteveHopwood

Every other day? You think this EA sits still for a day at a time? How dare you, sir?

lol.. what's really funny to me is I originally typed it as "every day" and changed it so not to sound so rude...

Your gonna need a vacation when this is over....
  • #56
  • Feb 13, 2009 4:42am Feb 13, 2009 4:42am
Just had an interesting event happen to me.

While I was out, I had my "Expert Advisors" tab on the tool bar turned off, while my account digested the current trades.

When I came home, all the trades had closed so I clicked the EA tab ON, suddenly 2 range tabs appeared, which is unusal, then when I checked the relevant strengths, both where around the 50 area, no where near the 90/10 area.

That is V6 btw, anyway, as I said, just sharing...
  • #57
  • Feb 13, 2009 5:18am Feb 13, 2009 5:18am
Quoting eddiemiller
Don't get me wrong... I am not having a go...
I know you are not, Eddie. A terse response from me usually replaces what I am actually thinking, which is along these lines: "How the blue blazes should I know? The damn routine has worked perfectly all day here, so how the devil am I supposed to know what is going on with your machine?"

Honesty is not always the best policy.

Looking at your pic, one possibility is that the sl of 5 is too close to the market price for the broker to accept the trade.

More likely is the 'trade context busy' thingy. For those readers who do not understand this, attempts to send the same trade simultaneously, or different trades very quickly, sometimes confuse some abstruse combination of platform/broker and cause the order send to fail. Under certain circumstances, the platform will go on strike and issue a general 'trade context busy' to anything you try to do. The only remedies are: restart the platform; leave it to sulk for a while and recover from its hissy fit.

The EA sends the opp dir trade a fraction of a second after it sends the main trade, so this could upset the platform. I have added some code to V1.3 to show an Alert and make an entry into the Experts tab, describing the reason for the order send failure.

If the problem continues, I can add code to make the EA sleep for a second before sending the opp dir trade. I do not want to do this because an EA with so much to do doesn't really want to spend any time asleep, but it is an option.

I have not changed the version number, so the code is in the updated V1.3. Download it only if you are experiencing similar trade failure events - there is nothing new.

  • #58
  • Feb 13, 2009 6:33am Feb 13, 2009 6:33am
Okay, here are my results only using the DC cross starting jan 26. I ran all pairs except for NZD pairs. I also closed out all trades manually on Thurs night each week. One thing I have noticed is the ea loses money in the beginning of each week, but then it profits on the end of the week. It has done this all 3 weeks I have ran it. The account is up 2435 pips since start or $487 at .20 a pip. Kudos to Steve Hopwood for this excellent ea.
Attached Image (click to enlarge)
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  • #59
  • Feb 13, 2009 6:36am Feb 13, 2009 6:36am
Steve,

Since start of testing the V1.3 in Asian session this morning, the V1.3 had opened 15 trades and so far all of them are cleared with profit (only 3 recently opened still pending with DD=-$0.49) . But the ODT TP Vs. ODT SL shows that 7 of 14 trades are stopped by ODT TP while the balnaces are stopped by ODT SL. After chaned ODT TP=5, the V1.5 had opened 3 trades and 2 of them are closed by ODT TP.

Even win ODT TP=5, the win still 67:33. In order to counter trade make profit, the ODT TP=5 shall win at least 4 times against ODT SL=10.

Based on the intial result, the idea of putting counter trade it seems doesn't profitable, but yet still long way to prove it. However even with more lose on ODT SL, the V1.3 managed to collect 118 pips so far.

Anyway, is there anybody test this EA with Daily chart..?!. How is the result..!?. Kindly post it if you have it...Thanks..!!

Cheers

Sahars.
Attached Image (click to enlarge)
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  • #60
  • Feb 13, 2009 6:37am Feb 13, 2009 6:37am
Anyone new to all this who is still scratching their heads in bewilderment, sundog has contributed an excellent trading methods summary; this is now attached to post 1.

Cheers, sundog.

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