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FX_30M Bouncing System

  • #161
  • Mar 16, 2009 1:51pm Mar 16, 2009 1:51pm
IBFX has taken no trades & I re-downloaded the platform and EAS. Still nothing. I loaded the EAs onto a FXDD demo account, and within a few minutes, the v106 EA made a trade. I immediately checked IBFX to see if it also made a trade, and it didn't. Same settings, same everything.
Is there anything that needs to be changed on these EAs to make them work with IBFX? I thought maybe change the number of digits to "true", but I don't believe IBFX is a 5 digit broker; whereas I think FXDD IS, and I made no changes there. Confusede why it works on one broker, and not the other.
  • #162
  • Edited 2:16pm Mar 16, 2009 2:00pm | Edited 2:16pm
I believe that the 21kb file is r7 and the 16kb file is r8.

Please verify by looking at version and date in it's properties box and then on the upper left once dropped onto the 30m chart.

I have had ibfx trades, but not as successful. You may want to open an fxdd acct. if we find that it doesn't work that well with ibfx - for whatever crazy reason. (should be same settings as they are both 4 digits)
I have read somewhere that filtered and non-filtered tick data from certain brokers work differently with certain ea's. I could be way off base though. Just don't know, and am also confused.

Oh, and disregard that r7 says "1m". Use both on 30m.
Siobi is working on new versions as we post, so this may soon be moot.
Attached File(s)
File Type: ex4 FX_1M_Bouncing_V104R7.ex4   21 KB | 411 downloads
File Type: ex4 FX_30M_Bouncing_V104.ex4   16 KB | 364 downloads
  • #163
  • Mar 16, 2009 2:26pm Mar 16, 2009 2:26pm
The FXDD short trade on the EUR/USD is up 14 PIPS as I write. Would consider putting some money in a live account if it kept up. It was down about 17 PIPS at one point. Don't like a 100 pip stop with a 20 PIP take profit, but I know these TP and SL can and have been changed. Still would like the same results with IBFX & will await Siobi's modification and maybe the new EA will work with IBFX.
OOPS...spoke too soon. The short trade just closed out at 20 PIPS profit! Dan, let's make some plans for a few beers in Cancun, or maybe three, or twelve.
  • #164
  • Mar 16, 2009 2:34pm Mar 16, 2009 2:34pm
Quoting paradoxical
The FXDD short trade on the EUR/USD is up 14 PIPS as I write. Would consider putting some money in a live account if it kept up. It was down about 17 PIPS at one point. Don't like a 100 pip stop with a 20 PIP take profit, but I know these TP and SL can and have been changed. Still would like the same results with IBFX & will await Siobi's modification and maybe the new EA will work with IBFX.
OOPS...spoke too soon. The short trade just closed out at 20 PIPS profit! Dan, let's make some plans for a few beers in Cancun, or maybe three, or twelve.
Sounds good!!
(A quick plane ride from FL.)
  • #165
  • Mar 16, 2009 5:36pm Mar 16, 2009 5:36pm
For the purpose of providing any insights that I can, the following are some facts about the 15 winning trades taken on the fxdd account posted earlier by me (worst trade by far is the one highlighted and shown on the chart below - 67 pip drawdown):

The rest of the trades have the following drawdowns;
-8,-8,-21,-11,-13,-16,-18,-10,-3,*-67*,-3,-30,-1,-6,-12

Not too damn bad thus far!!!
Attached Image (click to enlarge)
Click to Enlarge Name: v104fxdd3 16b09.gif Size: 43 KB
  • #166
  • Mar 16, 2009 6:00pm Mar 16, 2009 6:00pm
hi dan and others,

I plan to put in 2 additional filter which act as buy or sell trend usage so the EA will not take the trade during the bouncing/retracement...

regarding to take the trade earlier, I'm still lokking into it...

regards,
siobi (with both sleepy eyes...)
  • #167
  • Edited 8:23pm Mar 16, 2009 7:23pm | Edited 8:23pm
Quoting siobi
hi dan and others,

I plan to put in 2 additional filter which act as buy or sell trend usage so the EA will not take the trade during the bouncing/retracement...

regarding to take the trade earlier, I'm still lokking into it...

regards,
siobi (with both sleepy eyes...)
Your efforts are greatly appreciated by us all Siobi.

By the way, I'm using 2 same timeframe - with different settings - slope direction lines on the previous charts + one for the next higher timeframe on the same chart. I think maybe when both the 10,2,0,0 and the 12,3,0,0 slope dir. lines agree in color is maybe good time to look to other indicators to take trade. Maybe even also look at the next higher timeframe slope dir. line also for further confirmation that 20 pips is safe to target for. If all 2 or 3 are same color then enter based on your other indicators? ...Just some ideas.

Get some sleep my friend!
  • #168
  • Mar 16, 2009 11:09pm Mar 16, 2009 11:09pm
hay all, Just wondering if anyone has this working on alpari 5 digit account. Setup seems fine and i've had it working on 2 other demo accounts...but unable to get working on live alpari account... Cheers
  • #169
  • Mar 17, 2009 12:45am Mar 17, 2009 12:45am
Quoting qz10cq
Well I made overall 230 pips last week with 3 losses (r8), have eliminated those pairs that loss and over night I'm +270. Will keep the thread informed.
Up another 85 pips today with a total dd now of 110.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 44 KB
  • #170
  • Mar 17, 2009 1:50am Mar 17, 2009 1:50am
hahahahah today a clear win 20 pip for V104 R9 in live IBFX!!!

yes... is R9.....

hm.. I think this EA is good enough for an entry and tp of 20 pips per day per pair.

dan in reading,
yeah, comparing to hieher timeframe might be a good filter as well.

so, R9 will b having
1) 200 SMA filtering (if BUY signal generated, then price Must be above 200SMA)
2) prev day pivot(new indicator,if BUY signal generated, then price Must be above this indicator)
3) cross check slope direction for higher timeframe.

hm.. I need another week for this testing in my LIVE acct before release to public...

as agreed, this EA is going to be configured monthly basis and R9 will be only release during the end of March'09.

I'll email to dan for in house testing once completed.

PS: I'm still running at 50 pip stop loss strategy....
  • #171
  • Mar 17, 2009 4:17am Mar 17, 2009 4:17am
Excellent work Siobi!!!

....And everyone else here!!!

  • #172
  • Mar 17, 2009 5:52am Mar 17, 2009 5:52am
This last trade managed to squeak by and get it's 20 with approx. -18 pip drawdown.

Now 16 and 0 for this account!
Attached Image (click to enlarge)
Click to Enlarge Name: v104fxdd3 1709.gif Size: 46 KB
  • #173
  • Mar 17, 2009 6:04am Mar 17, 2009 6:04am
Quoting qz10cq
Up another 85 pips today with a total dd now of 110.
Thanks for keeping us in the loop!!!

Are you using default settings?

Excellent performance thus far!!!
  • #174
  • Mar 17, 2009 7:16am Mar 17, 2009 7:16am
Quoting Dan Johnston
Thanks for keeping us in the loop!!!

Are you using default settings?

Excellent performance thus far!!!
Dan I thought I was running defaults but I had a template of r7, so when I put the template on r8 if gave me the 100sl and 150 tp. Will correct that now, lost gbp/usd last night (-100) so I removed it from the test. Dan you stepped up to 1.0 lots. Is anyone still testing V106?

Siobi, this is one of the best EA's, I hope you don't filter this EA into a loser but I guess this is why we are testing......Dan
  • #175
  • Mar 17, 2009 7:22am Mar 17, 2009 7:22am
just 1 trade for me in a 15m timeframe. Asian session only. +20!
Off to work....
Attached Image (click to enlarge)
Click to Enlarge Name: lastnight.gif Size: 27 KB
  • #176
  • Mar 17, 2009 7:32am Mar 17, 2009 7:32am
Quoting qz10cq
Dan I thought I was running defaults but I had a template of r7, so when I put the template on r8 if gave me the 100sl and 150 tp. Will correct that now, lost gbp/usd last night (-100) so I removed it from the test. Dan you stepped up to 1.0 lots. Is anyone still testing V106?

Siobi, this is one of the best EA's, I hope you don't filter this EA into a loser but I guess this is why we are testing......Dan
Now set up for 30m chart, 20tp and 50sl on 13 pairs running r8 with .1 lots. Will keep thread informed...Dan
  • #177
  • Mar 17, 2009 9:16am Mar 17, 2009 9:16am
Quoting qz10cq
Now set up for 30m chart, 20tp and 50sl on 13 pairs running r8 with .1 lots. Will keep thread informed...Dan
We'll all get there!!!

Below, "no harm no foul":
0 pips with -22 drawdown, but no loss. Still looking mighty fine!!!

17 and 0!!!
Attached Image (click to enlarge)
Click to Enlarge Name: v104fxdd3 17a09.gif Size: 43 KB
  • #178
  • Edited 9:44am Mar 17, 2009 9:32am | Edited 9:44am
Just something I noticed, is that if we could just shift everything over to the left by one bar or so, we would have better entries. Just a small tweak to enter slightly earlier, as can be seen by the red vertical lines I put on the chart. When I have time I will go back and test this hypothesis on all the trades this account has taken.
It also seems that the stochastic rsi at bottom also bears this out as it is already nearly in oversold/overbought territory when trades are triggered.

...Just a tiny little correction to the left of the chart should do it to make this as perfect - so far - as any man made fx machine can be! (Siobi, I know you are looking into this already, and for fxdd, that is all this might need. As for ibfx, the project you're working on sounds amazing, as I - and many others, you included - also have an account with them.)

....Or I may just need more sleep....

(Look at me complaining about this kind of performance. Man what a unrealistic ungreatful perfectionist I am!!!)

It may very well be that with time this very version will prove to be the best with fxdd, but one can never rest on "near" perfection can one?
Attached Image (click to enlarge)
Click to Enlarge Name: v104fxdd3 17a109.gif Size: 49 KB
  • #179
  • Mar 17, 2009 9:41am Mar 17, 2009 9:41am
One 20 PIP win last night on a buy at 1.3008 which just barely squeaked out the win. Another breakeven on a sell at 1.2955. This is on the v104V8 on a 30 minute chart.
The v106 on the 15 minute chart had 2 very small losers.
VERY impressed so far, Siobi & also thanks to Dan for his informative posts. The possibility of this EA working on other pairs is a very nice thought also.
  • #180
  • Mar 17, 2009 9:51am Mar 17, 2009 9:51am
Quoting paradoxical
One 20 PIP win last night on a buy at 1.3008 which just barely squeaked out the win. Another breakeven on a sell at 1.2955. This is on the v104V8 on a 30 minute chart.
The v106 on the 15 minute chart had 2 very small losers.
VERY impressed so far, Siobi & also thanks to Dan for his informative posts. The possibility of this EA working on other pairs is a very nice thought also.
I'm glad to see yours synched up finally. Consistent performance may just be around the corner for everyone here.

And yes, if indeed it can work with other pairs, ....WOW!

But for now I'm still wowed by the performance, and waiting for that inevitable "L" word, ....that will most likely come the minute I go live!!!!

(I better laugh it up now while I'm in the mood.)
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