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FX 1M Bounce system

  • #701
  • Mar 11, 2009 7:22am Mar 11, 2009 7:22am
Quoting siobi
hm.. perhaps you can simplify it with all the conditions... it is too messy and hard to follow the conditions... even me loss track on it...
I'll e-mail or pm you parameters when I have confirmed I didn't just get lucky with some sympathetic priceaction.

At this point I can say that this is DEFINITELY a bounce system and not so good in trends without overcomplicating ea rules.

Thank you my friend, and thanks for v104. Spectacular results thus far!!!
  • #702
  • Mar 11, 2009 7:35am Mar 11, 2009 7:35am
hello dan,

i am having troubles with the entry rules too. correct me if i am wrong please.

i pull the trigger and go for the two pips when : the supersignal indicator dings the first time, and then i go in the opposite direction ?

for example price is at 1.2750 an the bell rings for a short signal, the i go long assuming the price wont change direction immediately and take the two pips with a buy. thats how i understand your posting of the rules.

am i right with that ?

tex
  • #703
  • Edited 8:17am Mar 11, 2009 8:05am | Edited 8:17am
Quoting tex
hello dan,

i am having troubles with the entry rules too. correct me if i am wrong please.

i pull the trigger and go for the two pips when : the supersignal indicator dings the first time, and then i go in the opposite direction ?

for example price is at 1.2750 an the bell rings for a short signal, the i go long assuming the price wont change direction immediately and take the two pips with a buy. thats how i understand your posting of the rules.

am i right with that ?

tex
That will work too, but the market really has to be popping. Literally popping, since you want to be ready instantly with a buy when FIRST short signal rings, which usually will work when the market is hot and you see price approaching upper or lower bollingers and you are mostly going with the trend.

The above has worked for me with a bunch of players in the market, but I only used that strategy for a very limited time. It's taking advantage of the ss "premature" signal to go opposite, but at some point it will actually be correct. Just a matter of when, within 2 pips or 20 pips? So we wait for other indicators as per below, using the opposite strategy of actually waiting for ss to actually turn legit.

My last trades posted go according to the rules I stated:

1)SS rings - it may continue to ring many times, but we do the following
2)we wait for confirmation from stoch cross arrow
3)color line changes color confirming retrace
4)we are not entering against a strong trend
5)enter and exit depending on timeframe, trend, further signals in opposite direction, or when you just made your desired pips

The other indicators may give you added confirmation.
Of course it's all so easy on DEMO!

Let me know if you have further questions, as I am horrible at explaining what goes on in my crazy head. ...Good crazy though!!! Salvador Daliesque perhaps.

All the best!
  • #704
  • Mar 11, 2009 8:48am Mar 11, 2009 8:48am
EA104 doesn't seem to be taking trades in Strategy Tester. Any thoughts? My other EA's will.
  • #705
  • Mar 12, 2009 12:06pm Mar 12, 2009 12:06pm
Quoting DiemTrader
EA104 doesn't seem to be taking trades in Strategy Tester. Any thoughts? My other EA's will.
Even though we all know backtesting is not all it's cracked up to be, we will have to run it through the paces though.

So anyone with a really fast computer may want to do that on a more extended timeframe and then maybe optimize it if possible.
  • #706
  • Mar 13, 2009 12:13pm Mar 13, 2009 12:13pm
Today is a very good day, and haven't even taken any trades.

Very happy with my progress thus far thanks to everyone here at FF!!!

Wait, is this FF?...........Oh, yes it is, ok, good!! (I write faster than I can think.)

  • #707
  • Mar 13, 2009 12:19pm Mar 13, 2009 12:19pm
Hey Dan .... Great job you are doing!! Keep up the good work!!

Regards,

Alex


Quoting Dan Johnston
Today is a very good day, and haven't even taken any trades.

Very happy with my progress thus far thanks to everyone here at FF!!!

Wait, is this FF?...........Oh, yes it is, ok, good!! (I write faster than I can think.)

  • #708
  • Mar 13, 2009 12:44pm Mar 13, 2009 12:44pm
Thank you Alex, my friend!!

Very same to you!!!

(Just hope I'll do similar in live account.)

Hope to see you in the new thread with a whole bunch of v104 pips!
  • #709
  • Edited 4:52pm Mar 16, 2009 2:45pm | Edited 4:52pm

Quiet up in here!
  • #710
  • Mar 16, 2009 6:16pm Mar 16, 2009 6:16pm
hello folks, hello dan my fellow piphunter

i am busy in evolving my own little scalping system at the moment. first trades show good results but i am still far away from perfection. the system uses a bunch of ema's just like the rainbow scalping system does but much less ema's and some indicators ive got from siobi and you

i will post an overview of the system soon. i hope i can explain it properly because my english isnt that good .. i will post it in this threat, perhaps i'll open a new thread later when the system gets better.

wish u many pips !

tex
  • #711
  • Mar 16, 2009 7:17pm Mar 16, 2009 7:17pm
Quoting tex
hello folks, hello dan my fellow piphunter

i am busy in evolving my own little scalping system at the moment. first trades show good results but i am still far away from perfection. the system uses a bunch of ema's just like the rainbow scalping system does but much less ema's and some indicators ive got from siobi and you

i will post an overview of the system soon. i hope i can explain it properly because my english isnt that good .. i will post it in this threat, perhaps i'll open a new thread later when the system gets better.

wish...
Very much looking forward to it tex!!
  • #712
  • Edited 8:21pm Mar 16, 2009 8:05pm | Edited 8:21pm
Just for kicks, I entered only hedged trades (all of the ones shown below) with a trail stop, no tp and any which way, not concerned with where I thought market was going:

Arbitrarily entered every trade with both a buy and sell at the same time, and let one get stopped out for profit or at worst $0 and closing the other when in overall profit. Not sure but seems to work, since when all is added up it comes to $630 positive.

I'm sure it will be even more interesting when the market picks up and we have stronger moves.

Under best conditions; looking for market to shoot up or down, take good pips from trailing stop, and then retrace back as far as possible to close second half of buy/sell trade, perhaps for a loss, but overall profit from the sum of first half + second half of trade. ....If that makes any sense.

Please someone try it when the market is moving and tell me what you think. (Using swiss army trailing stop ea with no tp, break even at 8, break even slide 2, trailing stop 6, since using relatively high lots.

Or maybe it's just plain dumb and I got lucky!...But hey it was interesting!
Attached Image (click to enlarge)
Click to Enlarge Name: hedging$630.gif Size: 69 KB
  • #713
  • Mar 16, 2009 8:54pm Mar 16, 2009 8:54pm
Another $100 but it could have been $150 had I grabbed the mouse quicker!

(Difference between the $250 sell and -$150 buy placed at the same time.)

I must say that at least at this early stage it seems that in this way the market dictates direction, and you only have to worry about the exit of the second half of the trade if you don't think it will retrace enough to get to the original entry price or even past for a second half profit.

Nah! Just lucky again!
Attached Image (click to enlarge)
Click to Enlarge Name: hedging$730.gif Size: 67 KB
  • #714
  • Mar 17, 2009 2:18am Mar 17, 2009 2:18am
hahaha,
this thread still active huh....
  • #715
  • Mar 17, 2009 3:02am Mar 17, 2009 3:02am
Quoting Dan Johnston
Just for kicks, I entered only hedged trades (all of the ones shown below) with a trail stop, no tp and any which way, not concerned with where I thought market was going:

Arbitrarily entered every trade with both a buy and sell at the same time, and let one get stopped out for profit or at worst $0 and closing the other when in overall profit. Not sure but seems to work, since when all is added up it comes to $630 positive.

I'm sure it will be even more interesting when the market picks up and we have stronger moves.

Under best conditions;...
where can i get that swiss army trailing stop ea dan ?

yeah siobi, we keep your thread alive here
  • #716
  • Mar 17, 2009 4:23am Mar 17, 2009 4:23am
Quoting tex
where can i get that swiss army trailing stop ea dan ?

yeah siobi, we keep your thread alive here

Here you go bud:
Attached File(s)
File Type: ex4 Swiss Army EA v1[1].51.ex4   29 KB | 376 downloads
  • #717
  • Mar 17, 2009 5:23am Mar 17, 2009 5:23am
Was able to gain approx. $900 from the little experiment, under less than ideal conditions.

Even so, don't know how feasible it is. Just know that this swiss army ea is pretty good if you manual trade and need automatic trade managing.

Happy pipping!
Attached Image (click to enlarge)
Click to Enlarge Name: hedging$730a.gif Size: 66 KB
  • #718
  • Mar 17, 2009 6:36pm Mar 17, 2009 6:36pm
dan, u doing this all by hedges?
then using swiss army to manage it?

impressed....
  • #719
  • Edited 8:55pm Mar 17, 2009 8:33pm | Edited 8:55pm
Quoting siobi
dan, u doing this all by hedges?
then using swiss army to manage it?

impressed....
Siobi, I was just fooling around, and my antics should not in any way derail you in making an awsome ea that is ultimately consistent in making a consistent profit.

I must say that I have patents to my name, but I have made not a dime from such, therefore I am not one to be consulted beyond my actual limited expertise.

In other words; do your thing my friend, and we'll comment on the results.

....So far so good!!!!!!! ....With v104!!!!!!!!!!!!!!!!!
Said differently, your v104 makes the manual trading above completely obsolete so far!
  • #720
  • Mar 18, 2009 12:32am Mar 18, 2009 12:32am
dan,

I'll send u V104R9 with 2 additional setting.
1) MA_CHECK
2) slope Check

tested to have MA_CHECK, it reduce alot of bad trade but also good trade..

to have only slope check returns more trade taken but more false alarm...

nothing is perfect right?

I think i'll turn off MA Check and turn on Slope check for my live acct ...

bless me....
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