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

  • #441
  • Feb 21, 2009 11:15pm Feb 21, 2009 11:15pm
Quoting SamuraiPower
Hi all,

I've been back testing it for 8 pairs
GBPUSD, EURUSD, NZDUSD, USDCAD, USDJPY, EURGBP, USDCHF, AUDUSD

The condition is:
yesterday daily candle shows that the indis is in line between the arrow and the HA (High probability), and trade on the next daily candle for 24 hours only to avoid drawdown.
Back test for only 1 month period of Jan 2009 (back test it for longer time if u would like to)
Deposit : $1000
Lot size : 0.1
(0.1lot for every $1000 deposit), I recomend 0.1lot for every $5000 deposit
TP : 100pips
the rest setting is default...
Im thinking since we are gonna trade in a high probability entry setup, we need to reduce stoploss to 200pips, based on my experience it still accomodate the price ranging movement on clear trend, still analizing it....


Regards,
Samurai Power
  • #442
  • Feb 22, 2009 5:31am Feb 22, 2009 5:31am
Quoting SamuraiPower
Im thinking since we are gonna trade in a high probability entry setup, we need to reduce stoploss to 200pips, based on my experience it still accomodate the price ranging movement on clear trend, still analizing it....


Regards,
Samurai Power
Hi, my signals are sometimes on different days, but still getting positive results. This means we could probably use this thread as a reporting system for when we are entering positive conditions?

I assume your backtesting was done by setting start day equal to signal day and end day to the day after, meaning trades would close out at 23:59 on that same day?

Thanks,
Fredella
  • #443
  • Feb 22, 2009 6:24am Feb 22, 2009 6:24am
Quoting Fredella
Hi, my signals are sometimes on different days, but still getting positive results. This means we could probably use this thread as a reporting system for when we are entering positive conditions?

I assume your backtesting was done by setting start day equal to signal day and end day to the day after, meaning trades would close out at 23:59 on that same day?

Thanks,
Fredella
yes I enter position when yesterday daily candle is in line, then i close all position 24 hours later at 23:59.
i was doing manual backtest for each spesific day, so its quite time consuming, now im trying to back test it from juli 08 for each pair. i'll post the result as soon as i finish.

Regards,
Samurai Power
  • #444
  • Feb 22, 2009 7:42am Feb 22, 2009 7:42am
Hi,

I have thought about how the Firebird EA works and I haven't found any information about it. When does it trigger trades? What kind of indicators does it use?

Regards

Archie
  • #445
  • Feb 22, 2009 7:49am Feb 22, 2009 7:49am
Quoting Archie
Hi,

I have thought about how the Firebird EA works and I haven't found any information about it. When does it trigger trades? What kind of indicators does it use?

Regards

Archie
open the EA with meta editor, u will find the information u need.

Regards,
Samurai Power
  • #446
  • Feb 22, 2009 8:16am Feb 22, 2009 8:16am
Thanks, I didn't think about that. Always good to know how the EA trades.

Have you experienced any problems with this EA, error trades and so on?

I'm thinking about the stop loss, how often is it hit? I used the EA without your system a couple of months ago and it was really profitable, but then it hit the SL a couple of times, most likely because the market started ranging, so that would be avoided with your approach. But still I wonder about the SL and when trades go bad. How is your experience with worst case scenarios?

Thanks for your system. Great that someone took the time to use a different approach for this great EA.

Regards

Archie



Quoting SamuraiPower
open the EA with meta editor, u will find the information u need.

Regards,
Samurai Power
  • #447
  • Feb 22, 2009 8:33am Feb 22, 2009 8:33am
Quoting SamuraiPower
Hi all,
If its manage to keep grow 150%/month, u can turn $1000 to a million in 9 month (I hope)

gasgas fren, i need your comment..

Regards,
Samurai Power
Hey mate, sorry for my late replay, I'm extremely busy this weekend
So I did some tests on randomly chosen month (April 2008).
Start EA when HA and arrow in line and close all opens after 24 hours.
One thing, I test on 1m chart, as I think it can somethimes opens more positions, need more test. And I DID NOT trade on Monday, if Fridays arrow and HA in line, couse I think that could lead on much bigger drawdown, so I won't recoment you to trade Mondays. It really is best to take only signals that looks OK.
T/p = 100pips
Resoults:

Eur/Usd: -10,+200
Eur/Gbp: +30
Eur/Jpy: +20,+80
Gbp/Usd: +210
Gbp/Jpy: +100
Usd/Jpy: +40,+100

So Samurai fren, I can back you up here, this really looks promising. Mabey I will play a little more with diferent T/P, and consider S/L 200, it should really be enough here I think.

Thanks,

Regards,
  • #448
  • Feb 22, 2009 8:36pm Feb 22, 2009 8:36pm
I am new in this thread but I think this method could be very sucessful. I modified the EA to automate the entry following samurai Power settings, the indicator and HA in line. I hope works for you guys. i will test it on my computer and will let you know of the results. The EA show in the screen when is only buy, only sell or not trade base in the daily chart. I didn't include not trade on mondays, but can be fixed.
Attached File(s)
File Type: zip Firebird v63G trader seven2.zip   10 KB | 578 downloads
  • #449
  • Feb 22, 2009 9:03pm Feb 22, 2009 9:03pm
Quoting xchaparro
I am new in this thread but I think this method could be very sucessful. I modified the EA to automate the entry following samurai Power settings, the indicator and HA in line. I hope works for you guys. i will test it on my computer and will let you know of the results. The EA show in the screen when is only buy, only sell or not trade base in the daily chart. I didn't include not trade on mondays, but can be fixed.
Hi xchaparo,

I am sure that this improvement will be most useful.

Apparently the EA does not have magic number. Therefore it will hamper and be hampered by other manual trades on the same account. While you are at it, if you could also look into this aspect and perhaps introduce magic number so that manual trades and trades by other EAs on the sme account does not hamper trades by this EA.

Your efforts are much appreciated.

Thanks

TF
  • #450
  • Feb 22, 2009 10:08pm Feb 22, 2009 10:08pm
Quoting xchaparro
I am new in this thread but I think this method could be very sucessful. I modified the EA to automate the entry following samurai Power settings, the indicator and HA in line. I hope works for you guys. i will test it on my computer and will let you know of the results. The EA show in the screen when is only buy, only sell or not trade base in the daily chart. I didn't include not trade on mondays, but can be fixed.

Hi once again,

After reviewing the source for the EA, I realized that it does have magic number aspect, but in a somewhat different way. As long as it is there and it works.

I would suggest that there be a choice in the EA to allow us to select to trade either using the requirements of the system or even otherwise.

TF
  • #451
  • Feb 23, 2009 2:06am Feb 23, 2009 2:06am
Hi,

Great work with the EA. I wonder on what TF the EA should be placed. The original EA trades at 5M, but the trend is given on the daily TF, so what TF for this combined EA?

Regards

Archie


Quoting xchaparro
I am new in this thread but I think this method could be very sucessful. I modified the EA to automate the entry following samurai Power settings, the indicator and HA in line. I hope works for you guys. i will test it on my computer and will let you know of the results. The EA show in the screen when is only buy, only sell or not trade base in the daily chart. I didn't include not trade on mondays, but can be fixed.
  • #452
  • Feb 23, 2009 2:34am Feb 23, 2009 2:34am
Quoting SamuraiPower
Hi all,

I've been back testing it for 8 pairs
GBPUSD, EURUSD, NZDUSD, USDCAD, USDJPY, EURGBP, USDCHF, AUDUSD

The condition is:
yesterday daily candle shows that the indis is in line between the arrow and the HA (High probability), and trade on the next daily candle for 24 hours only to avoid drawdown.
Back test for only 1 month period of Jan 2009 (back test it for longer time if u would like to)
Deposit : $1000
Lot size : 0.1
(0.1lot for every $1000 deposit), I recomend 0.1lot for every $5000 deposit
TP : 100pips
the rest setting...

Instead of taking just one day trade per setup, what do you think about reducing the lot size each new day as long as the trend is still on. I mean if you start to trade with 10% equity on the day after the two indicators align, then on the next day, reduce the lot to 8% equity, then the third day if the trend is still on, reduce the lot size to 6% equity and so on. What do you think. I think it will reduce the risk of being in full lots when the trend begins to change and at the same time allow you to follow the trend through. Just my suggestion.
  • #453
  • Feb 23, 2009 6:07am Feb 23, 2009 6:07am
Quoting Archie
Thanks, I didn't think about that. Always good to know how the EA trades.

Have you experienced any problems with this EA, error trades and so on?

I'm thinking about the stop loss, how often is it hit? I used the EA without your system a couple of months ago and it was really profitable, but then it hit the SL a couple of times, most likely because the market started ranging, so that would be avoided with your approach. But still I wonder about the SL and when trades go bad. How is your experience with worst case scenarios?

Thanks for your...
Quoting Wahnone
Instead of taking just one day trade per setup, what do you think about reducing the lot size each new day as long as the trend is still on. I mean if you start to trade with 10% equity on the day after the two indicators align, then on the next day, reduce the lot to 8% equity, then the third day if the trend is still on, reduce the lot size to 6% equity and so on. What do you think. I think it will reduce the risk of being in full lots when the trend begins to change and at the same time allow you to follow the trend through. Just my suggestion....
Yep, thats why I drive the EA, coz this EA is very weak on recognizing the trend, yet very powerfull digging pips (as long as u follow major trend).
Yes i managed to get several thousand pips per month with drawdawn include in it, but lots of people keep asking about the 300SL, but what i think it still save coz i drive the ea manually, but deposit has to be at least $10.000 for 0.1/trade coz u have to accomodate the drawdown that may occur.
But compare if we trade at high probability setup, drawdown is minimize, let me give u example.

Following the trend
keep the EA on till posibility of trend changing, it means u trade almost every day and worrying about your position since u cant read the trend, its equal stress every day, and u cant trade multiple pair coz it quite hectic and too dangerous, and the most important thing is most traders dont have life becoz they spending lots of time in front of computer, and your wife angry at u (mhmm thats me ..).
So hey trader people have a life!!!!!

let say 0.1 for $10.000 (the safest formula)
with this trading style I can managed 2000-3000pips/month average
U will say: "wowwww 2000pips/month, u are awasome....."
but if u convert to dollar, it's only $2000, it means only 20% growth compare to deposit.
"but what if i add the lot size to 0.5 lot for every $10.000, that will increase the profit?"
well...all i can say is there is only few people can do it.

Trade when its high probability
It means minimize drawdown, confidence for taking 1 lot for every $10.000, less stress coz u only trade for let say 7 days per month, u can trade multiple pair and all of them is high probablility, no emotion attached when u trade. U can have your own life and enjoy it.

Ok let say 1 lot for every $10.000
trade 5 pair, and each pair gives u just 200pips a month.
it means 1000pips only but its worth $10.000, 100% growth/month.
well now i can say this as a "wow..."

hope it'll help a little..

Regards,
Samurai Power
  • #454
  • Feb 23, 2009 6:12am Feb 23, 2009 6:12am
Quoting gasgas
.....this really looks promising. Mabey I will play a little more with diferent T/P, and consider S/L 200, it should really be enough here I think.

Thanks,

Regards,
Yups, promising for me also fren.

Regards,
Samurai Power
  • #455
  • Feb 23, 2009 6:27am Feb 23, 2009 6:27am
Thanks for your answer. Cutting down on the stress and screen time is definitely a way to go.

Regards

Archie


Quoting SamuraiPower
Yep, thats why I drive the EA, coz this EA is very weak on recognizing the trend, yet very powerfull digging pips (as long as u follow major trend).
Yes i managed to get several thousand pips per month with drawdawn include in it, but lots of people keep asking about the 300SL, but what i think it still save coz i drive the ea manually, but deposit has to be at least $10.000 for 0.1/trade coz u have to accomodate the drawdown that may occur.
But compare if we trade at high probability setup, drawdown is minimize, let me give u example.

[u]Following...
  • #456
  • Edited 8:55am Feb 23, 2009 6:27am | Edited 8:55am
Quoting xchaparro
I am new in this thread but I think this method could be very sucessful.
Yups..thats exactly what im thinking too..

Quoting xchaparro
I modified the EA to automate the entry following samurai Power settings, the indicator and HA in line. I hope works for you guys. i will test it on my computer and will let you know of the results. The EA show in the screen when is only buy, only sell or not trade base in the daily chart. I didn't include not trade on mondays, but can be fixed.
I didnt realize that the name of the thread "Semi Automatic EA" will attract many programers, well u are very wellcome here and thx for your contribution, but watchout for hungry people asking to put their idea into fully auto EA just like me.
I hope it wont bother u.
I'll test your modified EA fren.

Regards,
Samurai Power
  • #457
  • Feb 23, 2009 8:54am Feb 23, 2009 8:54am
Hi xchaparro,

I back test your EA on GU from Jul 08 to Jan 09 it seems following my idea, but for spesific month the EA wont open position although on my visual test there is a signal, any idea of catching more signal for the EA?
and i see on the back test report on 14 Jan 09 the EA open position eventhou no signal, any reason? thx

Regards,
Samurai Power
  • #458
  • Feb 23, 2009 9:35am Feb 23, 2009 9:35am
I have done some tests on live account also, and saw that resoults can be deferent from demo account, please everybody be aware of that!! Sometimes can be even better, sometimes worst.

Samurai mate, what about repainting issue with arrows, what do you think, do they repaints and if they are, how often?

Cheers
  • #459
  • Feb 23, 2009 10:07am Feb 23, 2009 10:07am
woah it worked for me and then it dint....
Made a 100 pips trade.....and then a 100 pips loss. Great idea if tested correctly with different settings.
@Samurai: I thought I should help you out with English for giving out such a great system. You never have a "Default Language", what you have a mother tongue.
  • #460
  • Feb 23, 2009 10:32am Feb 23, 2009 10:32am
Quoting gasgas
I have done some tests on live account also, and saw that resoults can be deferent from demo account, please everybody be aware of that!! Sometimes can be even better, sometimes worst.

Samurai mate, what about repainting issue with arrows, what do you think, do they repaints and if they are, how often?

Cheers
did u see that yesterday candle in line? what pair did u trade?

Regards,
Samurai Power
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