Slope Trend EA Thread......

Hello All - And welcome to the new thread.

We will have the EA available soon, but I wanted to get this under way so we can start assigning optimization tasks.

Please, if you are one of the optimization volunteers, please make a post below as to your level of optimizing experience. Some of the optimizing is a little advanced, and so if you have more experience then others we want to put these tasks with you. All in all though this will not be hard and should only take a few minutes each night.

I have prepared a booklet that goes through the optimization process. Please read it and try not to be overwhelmed. There is a lot of information, but it is not as hard as it looks and we will be here to help you get started.

Thanks again for volunteering and we look forward to making this a successful EA.

For those of you who don't know what we are doing. Along with Gary's skilled assistence we have created an EA based on the 3 different Slope Direction Line filters. This EA can be traded on the GbpUsd, EurUsd, UsdJpy, EurJpy and GbpJpy pairs and maybe more on the 30M and H1 TF.

What we are doing is getting a group of people together who are willing to do nightly optimization tests for 1 pair on 1 TF for 1 filter (or more if you can) based on the last 2 closed trading days. If you have never optimized before, that is okay as we will be here to help you and I also have created a booklet outlining how to optimize this EA.

Please follow the steps in order for no other reason that all our tsts are consistent. If you want to participate as an optimizer, that would be great. The more people willing to spend 15M each night with us, the more pairs and TF's we can optimize and the less work everyone else has to do. It will be a win - win for everyone.

The only thing we ask is that you optimize on an FXDD platform, and that you optimize in the order laid out in the manual. Once you get it, the process will be so easy.

So, please give us a post with your level of optimizing experience, get a FXDD demo account and join the fun.

Damon & Gary

Optimization Booklet -
Slope Direction Line Filter (you will need this in the experts/indicators folder for the EA to work) -
Expert Advisor -

LIST OF TESTERS

As I do not know which pairs and TF's will be profitable and which won't we may have to eliminate some as we go along.

GbpUsd M30 TF SLF Filter - Steveg100
GbpUsd H1 TF SLF Filter - skybiz007
GbpUsd M30 TF CSF Filter - flapper
GbpUsd H1 TF CSF Filter - PIPer
GbpUsd M30 TF SSF Filter - damonl
GbpUsd H1 TF SSF Filter - ronrhodes

EurUsd M30 TF SLF Filter - silverngold
EurUsd H1 TF SLF Filter - marisialb
EurUsd M30 TF CSF Filter - Fredella
EurUsd H1 TF CSF Filter - liquidestiny
EurUsd M30 TF SSF Filter - hsa013
EurUsd H1 TF SSF Filter - has013

UsdJpy

Hi, Damon and Gary: I'm here, and setup on FXDD. I have minimal experience. When the opportunity presents itself, I would be interested in the concept of the trading methodology...if there is one.

Thank you for your work on this project.

Steve

Hey Steve -

Thanks for posting. What you should do to get started is to follow at least the 1st two steps of the Optimization Documentation. I wouldn't go too far into the rest until we get the EA posted, except maybe to familiarize yourself with everything.

If you would please focus on the Single Slope Direction Line Filter, that will be the easiest for you to pick up on, and maybe will just give you the M30 TF for GbpUsd.

So now you have your nightly assignment. We will be here to help you get started once we get the EA up. It really is very easy and won't take much of your time at all.

Looking forward to it....Damon

Hey Damon Step 1 & 2 complete. Never done this before but looks like the instructions you wrote are complete and should be easy to follow. Richard

Damon: Steps 1 & 2 done. Steve

Damon: Thank you for the supportive counsel. I will be pleased, and looking forward to test the GBPUSD, 30 M TF.

Steve

Damon, Gary,

Just checking in, and if I can be of any help I'm willing to backtest this new baby of yours. (khmm... sorry, not that way)
So I'm hard at work at the moment (as you can see, huh?), but will read the booklet during the weekend and next week I'll be good to go.
I've done optimization once, but that doesn't count, really. Take it as I have no experience in it whatsoever, but am keen to learn.
Let's give it a start, then!

regards
sam

I've had some experience in the optimization of processes in tradestation. Never done it on MT4. Anyway, I've completed steps 1 and 2 and I'm here for whatever is necessary!...

Damin,

Ready to go on this. I would *not* classify myself as an advanced tester in this regard, however, I am detailed and can follow detailed instructions. Whatever you think I can handle is fine...

BTW, 3 days ago, I turned on all of the 5 pairs, both 30M and 1H, just using HMA. My demo account bal had dwindled to about $280 or so, but it has been climbing and is now at $500 (FXDD). I thought that was pretty impressive for a non-optimized ea. Ha!

Hey Tom.

Why don't you focus on the Crossing pair for the GbpUsd M30 TF. If you find some of my instructions unclear, please let me know and I will clarify them ASAP.

Damon

Hey PIper -

How about if you handled the Crossing pair for the H1 TF for GbpUsd. It ia a little more challenging, but if you have some experience as to how it works, this may fit you. As always, Gary and I are here to assist you. Thanks for being a part of what we are doing.

Damon

Hey Richard -

How about if you started with the Single Slope filter for the H! TF and the pair of GbpUsd.

Welcome to our adventure....

Damon

Hey Sam -

After you read things over, please let us know where you stand. Thanks for your help.

Damon

To all the testers -

Please download the newest Optimization Documentation .doc from the 1st post. You will also fine the EA listed there.

You will notice a change in Step 2, part 3. This is an important addition if we are to optimize for the best results. Please do this step 2 times before optimizing.

Remember, please do not optimize until after 0000gmt which is 8PM CST. Thank you.

Damon

The EA is now available on the 1st post. We will load any new versions of the EA on this 1st post.

Damon

To all Optimizers -

Here are the dates you should enter in the appropriate boxes. Remember that we do not take trades for seversal hours so please do the optimization correctly as to the rules.

03/18/2009 to 03/20/2009

You do not want to have the dates wrong or you may need to do it again.

I will be out for a while, but will check back later to help those that want to test.

Damon

To all WannaBeTesters -

Please do not just start optimizing any old thing and posting your results. If you have a preference, then please let us know. the goal here is to be able to optimize as many pairs on a daily basis as we can.

If you would like to be an doptimizer and help us help you, please let me know in a post with your optimization experience level and a preference if you have one and we will be glad to assign a pair and a TF to you. Also we would ask your commitment to try to do your optimizing every evening after 0000gmt and before 03000 gmt each evening. Again...thank you.

Thank you for your help and consideration in regard to this post.

Damon

Hi Damon,

I have done much rather in depth optimization, and will go 'by the book' you put together, so if you want to stick me with a pair(s), let me know.

Ron

PS see PM I sent you.

Hey Ron -

If you want to handle the cross filter for GbpUsd for H1, that would be great. Since it sounds like you may want to do an additional filter or pair, I will leave that up to you. We still have the cross n-sync filter for both GbpUsd H1 and M30. And since you have experience, anyother pair you would like to optimize using either the cross filter or the cross n-sync filter would be fine.

Please do not over burden yourself. if al goes well we will have a nice group to eliminate anyone from having to do too much and remember that we ask your permission nightly, so no need to over burden yourself with too much.

Just let us know...Damon

P.S. I was thinking this would also work well with exotics like GbpChf, EurAud and EurCad. If you have time and want to check those in private and PM me your thoughts feel free. I look forward to hearing your thoughts.