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FX 1M Bounce system

  • #501
  • Edited 5:40pm Feb 15, 2009 4:56pm | Edited 5:40pm
Quoting tex
hello dan and siobi,

would you be so kind as to upload your template that you are using with siobis ea ?

do you use addiontional indicators ?

thanks in advance
tex

I will defer to Siobi's judgement what template would do best. I must have 1376 different templates at the moment that I've messed with.
...Ok not that many, but close. Would that qualify as "template hopping"?

You are more than welcome to any of them including the last one I posted (I think based on fx50 or something.)

Will post that one when at my other computer, but again, Siobi knows best.

Will be back soon.

Here is the last one you saw in my post:
Attached File(s)
File Type: tpl 2 15 09.tpl   43 KB | 504 downloads
File Type: zip indicators.zip   22 KB | 449 downloads
  • #502
  • Feb 15, 2009 6:22pm Feb 15, 2009 6:22pm
Live calls anyone?

It'll have to work on the 4hr+ charts for that I suppose.

Not bad signal this one though.
Attached Image (click to enlarge)
Click to Enlarge Name: tuneup1.gif Size: 61 KB
  • #503
  • Feb 15, 2009 7:15pm Feb 15, 2009 7:15pm
Does the EA require that I have the indicators on the chart? I do have the slope and stoch rsi on the chart.........but no trades as of yet.

thx,
todd
  • #504
  • Feb 15, 2009 7:20pm Feb 15, 2009 7:20pm
Quoting todd960960
Does the EA require that I have the indicators on the chart? I do have the slope and stoch rsi on the chart.........but no trades as of yet.

thx,
todd
No, I think that should be ok as long as they are in the ea/indicators folder. Probably will be a bit more selective taking trades being on the 15minute.

Untill then, another nice signal. Maybe I'm having flashbacks, but I think when purple and yellow indicators cross the black together, we have maybe good signal. Not sure will have to watch and watch and watch some more, but notice chart before, and before, and....
Attached Image (click to enlarge)
Click to Enlarge Name: tuneup2.gif Size: 64 KB
  • #505
  • Feb 15, 2009 9:15pm Feb 15, 2009 9:15pm
Quoting siobi
Hi all,optimised.....
impressive result.

Currency Pair: EUR/USD
Spread: 2 pip
Timeframe: 15M
let it open and run ....The system is using bounce and slope strategy.

I'll explaint the nature of it later.... cheers!!!!

okay ..
i'll try it ..
last time maybe i downloaded the wrong one ... it didn't open position ..

so this time, it should work ..

thanks ..
  • #506
  • Feb 15, 2009 9:56pm Feb 15, 2009 9:56pm
hello again,

same problem here. ea doesnt open positions. has it something to do with the magic number parameter ? what is it for, do i have to change the number in order to get the ea working?
  • #507
  • Feb 15, 2009 10:00pm Feb 15, 2009 10:00pm
You should leave the default magic # I believe. Just make sure any other ea you may be using doesn't have the same one. Highly unlikely. LOL.
I think it's normal for this time of trading. Not much action on the 15m at the moment. Just got some action on the 1m after dead range.

If on the 1m with the posted template, make sure market has some "volume" or you'll die from a thousand small cuts taking any signals!
  • #508
  • Feb 15, 2009 10:28pm Feb 15, 2009 10:28pm
15 min is comatose, so no trades on ibfx or fxdd here.

If I was trading, may take a couple pips here and there on the 1m. ...My "thinking" anyway:

Base hits, no homers right now.
Attached Image (click to enlarge)
Click to Enlarge Name: slope dir1..gif Size: 69 KB
  • #509
  • Edited 1:16am Feb 16, 2009 12:00am | Edited 1:16am
1m signal confirmed by the 5m?

That's what it looks like to my tired eyes:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: slope dir2..gif Size: 71 KB
Click to Enlarge Name: slope dir3..gif Size: 75 KB
  • #510
  • Feb 16, 2009 9:41am Feb 16, 2009 9:41am
Hello Folks,

i started the ea today at 1am GMT+1 (German Timezone) and its doing very good by now. Every trade was a hit ! Made 30 euros so far (0.1 Lot / Trade ) . Here is the screenshot :
Attached Image (click to enlarge)
Click to Enlarge Name: 02-16-09.jpg Size: 378 KB
  • #511
  • Feb 16, 2009 10:11am Feb 16, 2009 10:11am
my backtesting shows this ea to be unprofitable, it has long strings of winners but they're all very very tiny and just one or two losers wipe them all out. and when i tested it on a 5 min chart it has periods where it goes nearly a year without trading then will take 15 in a day. i'm fairly certain my data isnt to blame as i use it to test my own ea's and have never had a problem. has anyone else backtested this and if so do you come up with profitable results?
  • #512
  • Feb 16, 2009 11:05am Feb 16, 2009 11:05am
Quoting JDelphiki
my backtesting shows this ea to be unprofitable, it has long strings of winners but they're all very very tiny and just one or two losers wipe them all out. and when i tested it on a 5 min chart it has periods where it goes nearly a year without trading then will take 15 in a day. i'm fairly certain my data isnt to blame as i use it to test my own ea's and have never had a problem. has anyone else backtested this and if so do you come up with profitable results?
Hello JDelphiki.

What size were the stoplosses that wiped the account?

The trades that mine took live last night (posted) took 1 or 2 pips in profit per trade. That in itself is not a problem, but if indeed the stops are quite large, then the above scenario which you described will inevitably happen at some point, no matter the hit rate.

If you could post any of the backtest information, that may be indispensable to all.

Regards.
Attached Image (click to enlarge)
Click to Enlarge Name: v106r1 desk.gif Size: 44 KB
  • #513
  • Feb 16, 2009 11:18am Feb 16, 2009 11:18am
Quoting tex
Hello Folks,

i started the ea today at 1am GMT+1 (German Timezone) and its doing very good by now. Every trade was a hit ! Made 30 euros so far (0.1 Lot / Trade ) . Here is the screenshot :
Hi tex.

Good to see your results!

My fxdd account didn't take any trades while my desktop ibfx took 4 posted above.

If I may ask, what settings are you using in your slope direction line? Mine seemed out of whack from the start on my fxdd for some reason, while yours hugs price very nicely.
  • #514
  • Feb 16, 2009 11:28am Feb 16, 2009 11:28am
Hi guys. I want to know if there is a thread dedicated to trading this system manually. As I don't trust ea's, please where can I get the directions to trading this system manually.
  • #515
  • Feb 16, 2009 11:51am Feb 16, 2009 11:51am
Quoting Wahnone
Hi guys. I want to know if there is a thread dedicated to trading this system manually. As I don't trust ea's, please where can I get the directions to trading this system manually.
Happy to have you here Wahnone!

For me, f4mnect and the fx50 threads have been very helpful to say the least. Goes without saying that I enjoy the hard work everyone here - especially Siobi of course - has done, but this is Siobi's thread, and I already feel as if I took it over from him, so he would be the one to ask what specific template is best suited to his newest ea.

At the moment I personally like the latest template I posted a few posts back, but if you are trading live and having great success, while being eclectic in your trading style is great if you aren't doubling your account monthly, if you are safely and consistently, don't change a thing!!!

As a matter of fact your thread will be the next one I take over,.........I mean visit. LOL

Thanks again, and will be looking forward to reading and studying your system. ...Which is not stupid by the way!!!
  • #516
  • Feb 16, 2009 12:56pm Feb 16, 2009 12:56pm
Quoting Dan Johnston
Hi tex.

Good to see your results!

My fxdd account didn't take any trades while my desktop ibfx took 4 posted above.

If I may ask, what settings are you using in your slope direction line? Mine seemed out of whack from the start on my fxdd for some reason, while yours hugs price very nicely.

here's a screenshot of the slope direction line indicator settings (i didn't change them):
Attached Image (click to enlarge)
Click to Enlarge Name: 02-16-09_slope.jpg Size: 379 KB
  • #517
  • Feb 16, 2009 1:02pm Feb 16, 2009 1:02pm
interesting method!

pop
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  • #518
  • Feb 16, 2009 3:54pm Feb 16, 2009 3:54pm
Quoting tex
here's a screenshot of the slope direction line indicator settings (i didn't change them):
Thanks much! I seem to have same settings but fxdd account dead in water. IBFX takes trades though.

...Anyway my latest template I'm playing with: Named "rob in the hood" since it's a combination of my last posted template and the robinhood-fx method used on the eur/gbp 1m.

I think pretty safe to buy on the dips of the main trend as below. (Top indicator may mirror bottom two stochs though. Will have to watch and see.)

Hope Siobi doesn't mind the mice playing with templates while the smart cat is away coding ea's.
Attached Image (click to enlarge)
Click to Enlarge Name: rob in the hood.gif Size: 65 KB
Attached File(s)
File Type: tpl rob in the hood.tpl   147 KB | 347 downloads
  • #519
  • Feb 16, 2009 5:41pm Feb 16, 2009 5:41pm
Quoting JDelphiki
my backtesting shows this ea to be unprofitable, it has long strings of winners but they're all very very tiny and just one or two losers wipe them all out. and when i tested it on a 5 min chart it has periods where it goes nearly a year without trading then will take 15 in a day. i'm fairly certain my data isnt to blame as i use it to test my own ea's and have never had a problem. has anyone else backtested this and if so do you come up with profitable results?
My results:
Attached Image (click to enlarge)
Click to Enlarge Name: backtestv106.gif Size: 48 KB
  • #520
  • Feb 16, 2009 9:15pm Feb 16, 2009 9:15pm
Notice, with the trailing stop, it would take small pips most of the time, but with rocket moves all is good, very good indeed, ...untill it hits the 100 pip hard stop every so often, which looks to be in place from the backtest.

Oh, but what a good day for v106!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: backtestv106a.gif Size: 52 KB
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