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Slingshot 30M & 1H - The 2nd Coming......

  • #561
  • Feb 16, 2009 6:52pm Feb 16, 2009 6:52pm
Damon..dude-
those avatar lips are creepy.
  • #562
  • Edited Feb 17, 2009 12:15am Feb 16, 2009 11:41pm | Edited Feb 17, 2009 12:15am
Hello All,

I have been silently following this thread from the start (actually, I started following it from back when 'billbss' began the original first thread) but could never get Forex Factory to send me the email verification link after registering in order to post. Very frustrating to only be able to watch but not contribute to the cause, let me tell you. They finally did, so I guess I can communicate at last!

First, I want to tip my hat to all of you and to DamonL for seeing the value in this trade method and taking it to the next level by modifications when others had abandoned it. I have never witnessed a more devoted and helpful group than you guys in my 4+ years of trading Forex (10 in Commodities). You are all very amazing!

Second, I will do my best to grab a shovel and pitch in with testing if, when and where you need me to. Just let me know if you need another tester. I work from home and can run and monitor trades easily. Attached are the results I got today demo trading version 2.3 on my MT4 platform with ForexMeta against the GBPUSD 30M only. Perhaps they will help Gary with the EA development. I am U.S. Central timezone with a set on the EA GMT of +2 with this broker and it is now showing 0730 bar on my 30M chart and "Outside Trading Window" comment on the EA. There have been no trades taken by the v2.3 EA thus far for 2/17/09. I'm running all three single filters = true and the two and three filter settings = false.
Attached Image (click to enlarge)
Click to Enlarge Name: Slingshot v2.3 Trades GBPUSD 02162009.JPG Size: 64 KB
- Bowen (a.k.a. Wolf)
  • #563
  • Feb 17, 2009 12:10am Feb 17, 2009 12:10am
OK, the 0800 30M bar opened and now I have "Inside Trading Window, No Orders" showing on the EA comments.
- Bowen (a.k.a. Wolf)
  • #564
  • Feb 17, 2009 6:20am Feb 17, 2009 6:20am
Quoting BlackWolf
OK, the 0800 30M bar opened and now I have "Inside Trading Window, No Orders" showing on the EA comments.
Right it is the 6gmt, which is 1am est that it should start.

On a side note, since 2.3 has some problems still, I am running 2.1 as a test. I know it is just me. (hee hee) but I was making money on demo with 2.1. I actually ran it through the tester for february and all currencies were profitable on the 1hr timeframe, with the stoch,zzi filter set to true. Not inidividually, but together and using 7 -20 gmt. Though I do think this 2.1 was not showing all the trades in the tester or doing something crazy, but I figured I'd run it anyway since I know for sure 2.3 isn't acting right. I have looked at the 2.3 code and I can't figure out why it isn't acting right.

My post last night asking Gary to possibly remove the orderProfit()<0 out was probably ignorance talking as if it is >0 it should close the trade out. I guess I was thinking if it isn't going to close the trade (as seems to be the problem) then at least move the stop so we don't take a bigger loss than necessary.

NickJ, maybe because you only had ONE trade per currency is why you didn't have issues. It seems like it is when we have multiple trades that causes the problem.
  • #565
  • Feb 17, 2009 7:11am Feb 17, 2009 7:11am
Hey Damon -
I heard "Hail to the Chief" playing in the background as I was reading your post. Really nice to have you back on line - we've missed our fearless leader!! Welcome back

Thanks to you and others for the notes about my son, it is appreciated.

Gary

Quoting damonl
Hi Guys

I have my computer back, but need to load some programs and other things. Trading charts included. Things are working well now and it is nice to see the thread moving along.

Gary, I hope that your son not only has a quick recovery, but also a healing so no other complications occur....your dedication here is phenominal and just reading through the posts regarding spreads and closing the trades, I think you have everything right now.

Someone has mentione HMA to use as a filter, and I am not opposed to this, but I agree with Gary...
  • #566
  • Feb 17, 2009 7:26am Feb 17, 2009 7:26am
Hey llambert3 -

Using the tester, I get pretty good results when testing using only a single filter (= one trade). I think the problem, and I'll be darn if I can find the silly problem, is with opening and closing multiple trades on a single candle. But.....I'm not one for giving up so I started writing some code last night that takes a bit of a different approach to get more successful results, hope to finish it today and give it a test. When at first you don't succeed, get a bigger hammer!

Gary

Quoting llambert3
Right it is the 6gmt, which is 1am est that it should start.

On a side note, since 2.3 has some problems still, I am running 2.1 as a test. I know it is just me. (hee hee) but I was making money on demo with 2.1. I actually ran it through the tester for february and all currencies were profitable on the 1hr timeframe, with the stoch,zzi filter set to true. Not inidividually, but together and using 7 -20 gmt. Though I do think this 2.1 was not showing all the trades in the tester or doing something crazy, but I figured I'd run it anyway since I...
  • #567
  • Feb 17, 2009 7:27am Feb 17, 2009 7:27am
Hi BlackWolf!

Welcome to the fun! Look forward to your contributions - all help is greatly appreciated.

Gary

Quoting BlackWolf
OK, the 0800 30M bar opened and now I have "Inside Trading Window, No Orders" showing on the EA comments.
  • #568
  • Feb 17, 2009 9:28am Feb 17, 2009 9:28am
Quoting Pavatar
Hey llambert3 -

Using the tester, I get pretty good results when testing using only a single filter (= one trade). I think the problem, and I'll be darn if I can find the silly problem, is with opening and closing multiple trades on a single candle.

Gary
Hey Gary,

Good you mention that because if I'm not mistaken my EA had a similar problem:
When I took pretty bad losses it was always due to 2 trades on a single bar couldn't be closed.
Now I can't recall from memory but as I had all single and triple filters on there must have been (at least one) more trades on the same bar.

So the EA really might not know how to close the remaining two.
I'm not 100% certain, but there were quite a few similar cases.
I don't know if this helps.


BlackWolf of the Forex Forest,
Welcome aboard!


hsa
  • #569
  • Feb 17, 2009 9:45am Feb 17, 2009 9:45am
Hey All -

I finished changing (more like rearranging) some code in the ea this morning. The backtesting looks really good and I'm a bit excited about how its working! I'm forward testing it now and will report back. In backtesting the new version (2.4) was taking and closing multiple trades in good fashion - i.e., it was actually working. Given the history of this little problem I shouldn't be so quick to judge, but I'm the eternal optimist!

Gary
  • #570
  • Feb 17, 2009 11:42am Feb 17, 2009 11:42am
Does somebody know how to make the SLINGSHOT BARS indicator to do a louder alarm?

When doing the system manually for several hours it is impossible to go away from the computer for more than 2 or 3 meters or to listen some music while waiting the next slingshot bar.

Regards
  • #571
  • Feb 17, 2009 11:55am Feb 17, 2009 11:55am
Hi Dibanos -

The bar indi uses a function called "PlaySound()" to play a sound file when the alert is triggered. This function only points to the directory where the sound file is stored, it has nothing to do with volume setting. To change the volume, you need to open the volume control in your computer and maxi it out.

Gary

Quoting Dibanos
Does somebody know how to make the SLINGSHOT BARS indicator to do a louder alarm?

When doing the system manually for several hours it is impossible to go away from the computer for more than 2 or 3 meters or to listen some music while waiting the next slingshot bar.

Regards
  • #572
  • Feb 17, 2009 12:06pm Feb 17, 2009 12:06pm
Hi there,

I was wondering if it would be possible to add onto Post #1, the current EA and the MT4 indicators that are needed for the EA to run and what the settings should be.

I've read through the whole thread and I've got a bit confused as to which indicators are current and what settings etc are being used. The thread and system seems to have evolved quite a bit and it would be good to have all the up-to-date information on Post #1.

Would this be possible?
  • #573
  • Feb 17, 2009 12:36pm Feb 17, 2009 12:36pm
Quoting Pavatar
Hi Dibanos -

The bar indi uses a function called "PlaySound()" to play a sound file when the alert is triggered. This function only points to the directory where the sound file is stored, it has nothing to do with volume setting. To change the volume, you need to open the volume control in your computer and maxi it out.

Gary
Yes, I have a phone.wav file, which I added to the indicator, but it still did not play it. All it did was that ding.
  • #574
  • Feb 17, 2009 12:36pm Feb 17, 2009 12:36pm
Quoting JillyB
Hi there,

I was wondering if it would be possible to add onto Post #1, the current EA and the MT4 indicators that are needed for the EA to run and what the settings should be.

I've read through the whole thread and I've got a bit confused as to which indicators are current and what settings etc are being used. The thread and system seems to have evolved quite a bit and it would be good to have all the up-to-date information on Post #1.

Would this be possible?
Damon will have to modify post #1 since he created it, so we'll have to wait until he is back up and running with his computer.
  • #575
  • Feb 17, 2009 12:38pm Feb 17, 2009 12:38pm
Quoting Pavatar
Hey All -

I finished changing (more like rearranging) some code in the ea this morning. The backtesting looks really good and I'm a bit excited about how its working! I'm forward testing it now and will report back. In backtesting the new version (2.4) was taking and closing multiple trades in good fashion - i.e., it was actually working. Given the history of this little problem I shouldn't be so quick to judge, but I'm the eternal optimist!

Gary
Good to know. I was wondering if maybe the magicNumber was the culprit in closing trades. Maybe each timeframe needs its own magic number and then it could close or move the stop based on that. I know it uses the magic number already, but are all the timeframes the same? I have not looked at the code to see. Glad you'd found some things out. Maybe I can run it tonight?????

EDIT: Looks like it generates a random magic number for each trade..
  • #576
  • Edited 3:48pm Feb 17, 2009 12:59pm | Edited 3:48pm
Thank you for your answer, I got the volume of my computer to the top but the slingshot bars alert still been the same short and noiseless “bee”, meanwhile all others sounds emitted by my computer are really loud. I think this “bee” is not related with the computer speakers volume.

Regards
  • #577
  • Feb 17, 2009 4:14pm Feb 17, 2009 4:14pm
Quoting llambert3
Good to know. I was wondering if maybe the magicNumber was the culprit in closing trades. Maybe each timeframe needs its own magic number and then it could close or move the stop based on that.

EDIT: Looks like it generates a random magic number for each trade..
llambert3,
I can recall that other trading systems need to have different "magic numbers" for each and every trading window. I was looking at reviews on pipcop.com and I think this was mentioned there on the forum in relation to one of the EAs.
well, we can try different numbers tomorrow. Gary, could you please advise?
  • #578
  • Feb 17, 2009 4:32pm Feb 17, 2009 4:32pm
Tonight I need to still reconfigure my e-mail accounts, and so will be away. It appears that Gary is still plugging away and so I will wait to jump in until the next version is ready for testing.

The request to put the EA on the 1st post will be granted when we have it working like it is supposed to be working.

It sounds like Gary has made some progress with some of the errors. Thanks for all your help . I will be around to start testing the new version when it is available.

. Damon

I also want to say welcome to all new posters and people testing. You are awesome and thanks for your input and your help.
"Keep your eyes on the helpers" - Mr. Rogers
  • #579
  • Feb 17, 2009 4:33pm Feb 17, 2009 4:33pm
Quoting nickj
Damon..dude-
those avatar lips are creepy.
If you think the lips are creepy...you should watch the movie
"Keep your eyes on the helpers" - Mr. Rogers
  • #580
  • Feb 17, 2009 4:51pm Feb 17, 2009 4:51pm
Damon,

If Pavatar can get this EA perfected and it starts turning big consistent profits, we'll ALL buy NEW super computers!

Glad to hear you made some new coding discoveries, Gary. The Magic Number function is definitely something you need to trade and manage multiple EA's and orders. One of the reasons why I only run it on one pair right now. This was not a good day for v2.3 on 30M GBPUSD. Results attached. Looking forward to putting v2.4 and beyond through it's paces!
Attached Image (click to enlarge)
Click to Enlarge Name: Slingshot v2.3 GBPUSD Trades 02172009.JPG Size: 116 KB
- Bowen (a.k.a. Wolf)
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