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

  • #621
  • Mar 14, 2009 11:25pm Mar 14, 2009 11:25pm
Hi sergiel,

I have tested those firebird version, and it seems like most of the EA there looks similar to the EA I found on the previous thread, I noticed that it behaves in the same way to the version im using now, what you are using is just different setting with mine, but it has an extra features like max open order, and trailing stop, im not using this features, but for some reason some of our friends here need that features, im considering of changing your version to be my default EA, but still need to take a look a bit more.

Regards,
Samurai Power
  • #622
  • Mar 14, 2009 11:32pm Mar 14, 2009 11:32pm
Btw sergiel, have u ever backtested your version without driving? my backtest result is similar to what i've got long time ago, thats why i decide to drive it.

Regards,
Samurai Power
  • #623
  • Mar 14, 2009 11:41pm Mar 14, 2009 11:41pm
Quoting SamuraiPower
Btw sergiel, have u ever backtested your version without driving? my backtest result is similar to what i've got long time ago, thats why i decide to drive it.

Regards,
Samurai Power
Actually I tried to do a backtest in MT4 yesterday but wouldn't work for some reason. I tried it on a fairly short period (3 months) so not sure what the problem is.

How do you backtest, is there another program you use or another website where you can plug in the EA and test it?

Thanks
Serge
  • #624
  • Mar 14, 2009 11:47pm Mar 14, 2009 11:47pm
as usual, im using strategy tester on MT4 paltform, maybe u should reinstall your MT4 platform.

Regards,
Samurai Power
  • #625
  • Edited 12:55am Mar 15, 2009 12:42am | Edited 12:55am
Sory out of topic, but I need to take a break to reposting this.

Quoting Alex
Couple of jokes to ease our trading.
Sorry for spelling or grammar errors.
......

A Chinese man walked into a pub in New York with his pal. He says to his pal:

Chinese man : "Hey! That's "Jurassic Park's director Steven Spielberg over there!" "God, I wish he'll come over to say hi.?"

Spielberg suddenly walked over and gave the man a heavy punch on the nose.

Chinese man : "Hey! What's that for?"

Spielberg : "You bloody Japanese killed my granddad when you bombed Pearl Harbor!" he said.

Chinese man : "I'm not Japanese! I'm Chinese!"

"Chinese, Vietnamese, Japanese, you're all the same! "Spielberg walks back.


The Chinese man calmly walks over and gives Spielberg a really heavy punch in the face.

Spielberg : "What the... !?"

Chinese man : "YOU BLOODY AMERICAN! YOU SANK THE TITANIC!"

Spielberg : "No, no, an iceberg sank the Titanic!"

Chinese man : "Iceberg, Carlsberg, Spielberg, you're all the same!"

Quote
A guy having a small Rabbit who is selling it out saw a drunk man coming towards him. He started to feel lucky as he might sell the Rabbit at a very good price.
The drunk guy approached and said: How much do you want to sell the monkey for?
The man said: That's a Rabbit, not a monkey.
The drunk guy said: I am talking to the Rabbit, not you.

INTERMEZZO....
  • #626
  • Mar 15, 2009 1:11am Mar 15, 2009 1:11am
What should the settings be for the following inputs for a 4 digit broker trading standard lots.

percent
slip
lots
pipsgoal
pipsloss

aslo what are the following settings used for
MA_length
MA_timeframe
Matype
Fastperiod
Fastprice
Slowperiod
Slowprice
Divergence Limit
Increasement type
DVlimit

Thanks in advance for your help.
Goal #1 Make Money, Goal #2 Don't Lose Money, Goal #3 Remember Goal #1
  • #627
  • Mar 15, 2009 1:23am Mar 15, 2009 1:23am
Quoting Namrettik
What should the settings be for the following inputs for a 4 digit broker trading standard lots.

percent
slip
lots
pipsgoal
pipsloss

aslo what are the following settings used for
MA_length
MA_timeframe
Matype
Fastperiod
Fastprice
Slowperiod
Slowprice
Divergence Limit
Increasement type
DVlimit

Thanks in advance for your help.
The answer to the first section of your question I just keep them all on default, except for lotsize that depends on your account size. For a $3K demo account I am using a 0.1 lot size. And for the second part of your question refer to the file I attached.
Attached File(s)
File Type: doc Firebird Manual.doc   102 KB | 646 downloads
  • #628
  • Mar 15, 2009 1:40am Mar 15, 2009 1:40am
Hi sergiel, namretik, and all.

Just load the set file i attached, how?
load the EA to the chart
press F7
in "inputs" tab click "load"
select the set file according to your broker platform
click ok

all of the parameter will be inputed automatically, u can check that out.

I was unable to upload set file, so i made it on zip file, its only 1kb, hopefully there will be no problem.

Regards,
Samurai Power
Attached File(s)
File Type: zip 4 and 5 digit set file.zip   < 1 KB | 540 downloads
  • #629
  • Edited 2:24am Mar 15, 2009 1:56am | Edited 2:24am
Quoting sergiel
Actually I tried to do a backtest in MT4 yesterday but wouldn't work for some reason. I tried it on a fairly short period (3 months) so not sure what the problem is.

How do you backtest, is there another program you use or another website where you can plug in the EA and test it?

Thanks
Serge
Hey Samurai, well I did a little backtesting and here is what I found.

Over a three month period using EurUsd and 0.1 lots

the V63G with TP=50, SL= 300 made about a 29% gain. The EA I am using (V63H04) with TP=18 and SL = 42 with a max of 3 open orders pretty much broke even.

Hmmm I wonder if I am wasting my time with the ol V63H04 using SL=42.

But Check this out I did some testing with the V63H04 using TP=50, SL=300 and Max Order = 5 and it had just a little less gain (24%) but the Max Drawdowns were cut in half, only $1033 as compared to $2500 on the V63G.

The thing that concerns me most about the version your using is that you cant control the number of open orders. If several trades go against you I can see getting margined called fairly quickly.
  • #630
  • Edited 3:18am Mar 15, 2009 2:47am | Edited 3:18am
Another update, your probably already aware but the 5min was more profitable than the 15 min for the V63G for my 3 month backtest.

I did have another question Samurai. In my 3 month back test for EurUsd using the V63G I found that it only had about 10% losers (19 out of 204 trades). If you "Drive" the Ea you will be cutting down on these losses but wouldn't the winners you are cutting out outwiegh the avoided losers?

Eg. in my 3 month backtest (Jan1 - March 14) the period between Jan 1 - Jan 23 2009 there was a continuos downtrend on the daily charts but the EA made 23 buys in that period, if you look at the results only 1 buy turned out to be a loser. So in theory if you had your EA set to Short only you would have avoided 1 loss of 300pips but missed out on 23 winners for 1150 pips.

Does the EA make more short trades then it otherwise would have if you have it set to short only? If this is how it works then I can clearly see the "Drive" idea, but having a hard time with it otherwise.

If you could take a look at a backtest for Jan 1 - March 14 on 5 min chart for V63G. Take a look at period of Jan 1 - Jan 23 in particular and let me know what you think.

Thanks Samurai
Serge
  • #631
  • Mar 15, 2009 3:27am Mar 15, 2009 3:27am
LOL, just did a 1 year back test much different story. The EA basically broke even. It was just that the last 3 months were ideal conditions.

2 year backtest EA lost 40% of capital first year and broke even by end of second year.

This EA obviously needs some intervention to be profitable long term!
  • #632
  • Edited 8:56am Mar 15, 2009 8:26am | Edited 8:56am
Hi sergie and all,

I think u miss a little information about how to backtest this system,
did u drive it correctly? (even its on backtest)
Use a trade simulation application i post in the few pages earlier to find days when the trend continue up or continue down, or when the trend flat based on the daily THV template. MARK THOSE DATES.
And then drive the EA on backtest based on those date u marked, EACH DAY COUNT, treat it exactly just like when u foward test it, the skill on finding the right direction at the particular date on THV daily template is determining the result of the backtest (gives u a big picture of the result on foward test in demo or real account), the more expert your skill on recognizing the daily trend the more better the result.

Let me give u an example how to backtest.
Put the THV daily template on the trade simulator, let say for a period of 1 month (Jan 1st 2009 to Jan 31 2009), then u click start.
When its simulating the market u analyse each day trend, then mark those dates and give a note about trend direction, lets say this is the result:
(simple example)
1. Jan 1st 2009 - Jan 7th 2009 the trend is down.
2. Jan 8th 2009 - Jan 11th 2009 the trend is flat.
3. Jan 12th 2009 - Jan 15th 2008 trend is up.
4. Jan 16th 2009 -Jan 31st 2008 trend is down.

then based on that note, backtest it and drive the EA, and see the result.
Like i mention before, treat backtest exactly just like when u foward test it. Trade when the daily trend is up or down, and dont trade if u find the daily trend is flat.

On foward test u do analyse the daily chart and make a desicion to enter, still continue trade, or stop right? and u get the result.

Its exactly the same...

U analyse daily chart from trading simulator,
and u get the result from backtest.

The general idea is really simple.

Ok, now u can re-backtesting it again, and post the result for 2 years of period for EURUSD pair (if u have time).

Please remeber this.
"KNOWING HOW TO DETERMINE DAILY TREND AND HOW TO DRIVE THE EA IS REALLY..REALLY IMPORTANT."

Regards,
Samurai Power
  • #633
  • Mar 15, 2009 11:14am Mar 15, 2009 11:14am
Hi all,
Why shd it open many lots if you put pippage to 100. it'll open only 2 lots as on the 3rd opening you'll have touched SL on lot no. 1.

Vinesh
  • #634
  • Edited 11:59am Mar 15, 2009 11:33am | Edited 11:59am
Quoting SamuraiPower
1. Jan 1st 2009 - Jan 7th 2009 the trend is down.
2. Jan 8th 2009 - Jan 11th 2009 the trend is flat.
3. Jan 12th 2009 - Jan 15th 2008 trend is up.
4. Jan 16th 2009 -Jan 31st 2008 trend is down.

Thanks Samurai, one thing I was wondering, when I look at my daily EurUsd it seems as though Jan 12 - 15 2009 (I am assuming you meant 2009 and not 2008) is a clear downtrend. Was that just a typo on your post?

Another thing I am wondering why would they even relese the V63H04 when it bombs so badly on back tests? Is it possible that the backtest doesn't take into account the "safe zone" safeguard on the new EA? Or does the backtest take everything into consideration?

Thanks
Serge
  • #635
  • Mar 15, 2009 12:17pm Mar 15, 2009 12:17pm
Vinesh i dont get your point.

Sergiel, that note is just an example.
About EA as i ever mentioned there is no "set and forget" EA and hoping that it will generate a consistant profit,the market is changing overtime, otherwise we all rich, sergie u have to understand all of the consept.

I suggest u all to read from the first page in detail for better understanding the whole idea, its only 40 pages long, it will take a while but u can get all the benefit.

Regards,
Samurai Power
  • #636
  • Edited 12:59pm Mar 15, 2009 12:34pm | Edited 12:59pm
Samurai I understand that completely, always have, thats exactly why I returned the Fap Turbo, nothing is that easy or simple it is bound to crash eventually. What I dont understand is if an EA fails that miserably on the backtest right off the bat what good is it? The V63H04 performs terribly, doesn't even break even, I dont think any amount of "driving" is going to make this one worth the time.

The V63G on the otherhand, at least it is making small gains on the backtest without any intervention.....there you have something to work with. Like I said before a backtest has nothing to do with how it will perform in the future, but can be used as the first test if it fails junk it.

The V63H04 Fails according to my backtest, IMHO.

Not sure I want to even waste my time running a test on it for the next month.

Thanks
Serge
  • #637
  • Mar 15, 2009 1:02pm Mar 15, 2009 1:02pm
Hi Sergie,

V63G and V63H04 work and behave exactly the same, the V63H04 has extra features like max order and trailing stop (some of us need that features), its different on the parameter setting, u can check it out by loading the set file i just gave u to both of the EA and test for the month of aug 2008 drive short only and u will get exactly the same result, arround 3095pips.

Regards,
Samurai Power
  • #638
  • Mar 15, 2009 1:05pm Mar 15, 2009 1:05pm
Quoting SamuraiPower
Hi Sergie,

V63G and V63H04 work and behave exactly the same, the V63H04 has extra features like max order and trailing stop (some of us need that features), its different on the parameter setting, u can check it out by loading the set file i just gave u to both of the EA and test for the month of aug 2008 drive short only and u will get exactly the same result, arround 3095pips.

Regards,
Samurai Power
That is true, I guess I should have been more clear, the V63H04 with default settings of TP=18, SL=42 fails miserably. You predicted this earlier...good call.
  • #639
  • Mar 15, 2009 5:21pm Mar 15, 2009 5:21pm
Hey all just getting started with Samurai's "Drive" the EA method.

The market just opened up an hour ago and seems like this is my first opportunity to take notice at whats going on. At close of last week the EurUsd was on a fairly strong upward trend but judging from a quick glance at the Daily, 4H, 1H, and 30M charts it appears like it is either headed back down or will go side ways for a while.

Guess I'll be sitting out for now.

Attached is my daily chart.

Any thoughts, good call or too early to tell?

Thanks
Serge
Attached Image (click to enlarge)
Click to Enlarge Name: forex daily.gif Size: 26 KB
  • #640
  • Mar 15, 2009 5:23pm Mar 15, 2009 5:23pm
Here is the 30M Chart
Attached Image (click to enlarge)
Click to Enlarge Name: forex 30m.gif Size: 27 KB
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