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

  • #981
  • Apr 2, 2009 7:37pm Apr 2, 2009 7:37pm
Quote
I am testing the effect of the TP, DVLimit, Divergence Limit and Percent - settings on Drawdown, Profits and number of trades on the GBPUSD between 17-12-08 and 30-12-08


Ollypips...

I just looked at your test results and then I noticed the period you chose for your tests. I hate to tell you this, but that's the worst period of the year to test anything, ie: winter holidays, since the trading then is the most erratic and all the big traders are on holidays.

If I may suggest, please repeat the test for a whole month, maybe Feb/09 and March/09.
  • #982
  • Apr 2, 2009 11:22pm Apr 2, 2009 11:22pm
Quoting RisingSun
@Samurai
In my limited experience TS has not proven to work 90% of the time ...
Cheers! RS
Ok then switch to H04 version on my first post.

Regards,
Samurai Power
  • #983
  • Apr 2, 2009 11:44pm Apr 2, 2009 11:44pm
Quoting marisialb
Well, by the time I found this thread it was 60+ pages long and it took me 3 days to get through it....
Mary
Welcome aboard my friend...
  • #984
  • Apr 3, 2009 1:00am Apr 3, 2009 1:00am
there was a mistake on the EA setting on first post, I already fix it.

Regards,
Samurai Power
  • #985
  • Edited 5:43am Apr 3, 2009 5:31am | Edited 5:43am
Hi All
Mac
I see ur point and IMO it doesnt really matter much but I will do more test and will keep everyone updated.

Quoting Mac109
Ollypips...

I just looked at your test results and then I noticed the period you chose for your tests. I hate to tell you this, but that's the worst period of the year to test anything, ie: winter holidays, since the trading then is the most erratic and all the big traders are on holidays.

If I may suggest, please repeat the test for a whole month, maybe Feb/09 and March/09.
Hope every1 took pips on GBP this morning just bagged 146.4pips (150pips TP). I am using the 5-8EMA arrows on the daily in conjunction with candle (HA) colour. So it is like this if there is an arrow pointing up from yesterday while the HA is still red and today the candle is white in agreement with the arrow I drive FB long. News, whatever doesn't really matter I still drive it the way the prices are telling me. Market participant will always interpret the news differently but the major players know where they want to drive the market.
FB didn't take any trade on GBP until late last night and now it has taken two positions one already closed for profit (as stated above). What I am driving at here - pick a way u want to drive the FB backtest it and stick with it, losses will come and go but FB will be profitable in the long run.
A quick question is anyone using the FB fix for Yen crosses? The orignal FB is not taking much trade on the USDJPY but I wont sweat it just let it do its thing.
Back to my reaserch lab....(testing 5 and 15 MA timeframe, taking MAC109 suggestion) will keep u posted.
Ciao
Lanre
  • #986
  • Apr 3, 2009 5:36am Apr 3, 2009 5:36am
Hi ollypips,

I really appreciate your contribution to this thread.

Regards,
Samurai Power
  • #987
  • Apr 3, 2009 9:02am Apr 3, 2009 9:02am
Quoting ollypips
A quick question is anyone using the FB fix for Yen crosses? The orignal FB is not taking much trade on the USDJPY but I wont sweat it just let it do its thing.
Ciao
Lanre
Well, I use jpy fix version on all jpy and non jpy pairs to trade +it has maxopenorders funkcion. Gbp/Jpy is my second best pair to trade, I get +300 pips from it today, then I shut it down couse the news. usd/jpy and eur/jpy not so moving but still can profit some from them.

Regards
  • #988
  • Apr 3, 2009 9:53am Apr 3, 2009 9:53am
For those who are still looking for some of the best trend indicators to use for daily TF, you may try any of the two attachments. The 'Nonlag MA' is good in picking a change in trend while 'Trend' is good in predicting an impending turn. I do use both indicators for 2 daily charts for a currency pair to see if they agree... and have been doing so with good success.

Cheers!
Attached File(s)
File Type: mq4 NonLag MA.mq4   6 KB | 600 downloads
File Type: mq4 Trend.mq4   5 KB | 603 downloads
From the tips to the dips, it's all about the pips
  • #989
  • Apr 3, 2009 9:55am Apr 3, 2009 9:55am
Samurai has done a good job with his chart template already so this is just to add to it. If you are still looking for some of the best trend indicators to use for daily TF, you may try any of the two attachments.

The 'Nonlag MA' is good in picking a change in trend while 'Trend' is good in predicting an impending turn. I do use both indicators for 2 daily charts for a currency pair to see if they agree... and have been doing so with good success.

Cheers!
From the tips to the dips, it's all about the pips
  • #990
  • Apr 3, 2009 11:59am Apr 3, 2009 11:59am
I've been looking into this as something of a supplemental strategy since I usually only trade the London session manually.

I noticed something with your updated EA that might affect performance:

In the "Firebird-v63H04 (EA) 5 digit platform.mq4", MaxOpenOrders defaults to 5. In the old TS one that you posted before, the default was 10.

If I remember correctly, your method is to use all defaults except for the TP, SL, and PipStep (100-300-40) so the above would actually affect your performance since it won't open any more positions after the first 5 increments of your pipstep.

Maybe I'm misinterpreting the use of that setting (MaxOpenOrders), but I just thought I'd point this out since it may actually impact your testing of this system.


(On the side note, the "5 digit platform" part is appropriate for any IBFX users here -- I just received an e-mail saying they're switching their live accounts to 5 digit quoting as of next week. So if anyone's using Firebird with IBFX, the currently posted version is appropriate.)

Anyway, keep up the good work, everyone.
  • #991
  • Edited Apr 4, 2009 8:40am Apr 3, 2009 3:50pm | Edited Apr 4, 2009 8:40am
Quoting marisialb
Well, by the time I found this thread it was 60+ pages long and it took me 3 days to get through it. Needless to say, I started demo trading by about the 20th page because I saw the potential this system had. I agree that a KISS approach is best: Keep It Simple Stupid. Too many indicators just confuse the h*ll out of me (i am somewhat of a newbie - about nine months of continuous studying and 2 blown live accounts). I'm just using the original template listed in Post 1 along with the Channel Surfer indicator. I follow the daily chart with confirmation...
Wow 66 pages on this thread and heaps more on the earlier 2 threads. Plus I dont know how many side tracks to at least 2 other forums & 1 archive site for FireBird from 1.0a to 1.0c to 2.0. Then 63g to 63h04(which was 63h03 inside) to 65tf. Oh and some "yen fixes" along the way to keep me guessing. Heaps of circles within circles.

Well I would like to thank SamuraiPower so much for starting this thread with his idea to drive FireBird according to the current trend. Plus also thanks to the programers of the FireBird way back, that go/went by the handles of TraderSeven, Ron, hdb, & Renato (is that Renato as in the CEO of the software company that developed MetaTrader).

Thanks also to the recent FF programmers & funyoo & codersguru, who have got me interested in programming again. Now got more lesson sites & courses to go thru. Well I think its thanks, I wasnt really wanting that programming bug again, just wanted to trade forex & quietly make money. Ha - yea right aye.

Have loaded up an ea or 3 (another learning curve in itself) near the page 20 mark & so have been tweaking it all the way thru. No real record of what tweaks did what, but the history screens so many more positive pips than earlier.

To all the guests reading FF, register. Its easy & you dont get spam. Only 1 catch is if you subscribe to a thread uncheck the send me emails option as you subcribe to each thread. To all those currently reading this thread, drop a quick note to say hi & that you are off reading & why. Will be interesting to see if thats still your mind set when you catchup. Wish I had done it.

Enough dribble, time to sort my act out & my ea's & their settings to something like logical. Maybe a clean demo too. So heaps of questions coming sorry.
See you in the wash -
Cheers hey SamuraiPower I found these too
Target 2 : Stoploss in the green
  • #992
  • Apr 3, 2009 6:46pm Apr 3, 2009 6:46pm
Hi All
What a day, lots of pips in the bag and lots to report as well
Firstly Gasgas Thanks, I can gladly confirm that the yen fix version is superior to the v63g FB for Yen crosses. So for everyone that's the conclusion from my testing (confirming Gasgas findings).
Ok now to the issue of 5min MATF or 15min MATF. I have attached my results of ten trend I could identify from January till today on GBPUSD. And on these results I carried out a Ttest (dependent variable) and a Sign Test for confirmation (For those well versed in statistics, they will know what I mean - for other it is all not so complicated). To cut the long story short, there is no statistical difference between the two (a look at the excel file will tell the story)
Below is the setting I used
MA_timeframe=(5 or 15); MA_length=10; MAtype=0; Percent=0.1; TradeOnFriday=1; slip=100; Lots=0.1; TakeProfit=1500; Stoploss=3000; Fast_Period=23; Fast_Price=1; Slow_Period=84; Slow_Price=1; DivergenceLimit=0.006; PipStep=400; IncreasementType=0; DVLimit=10; PipsGoal=5000; PipsLoss=5000; GMT=0; DST=0; OpeningHour=0; ClosingHour=24; writelog=0;
As you can see I am using Divergence Limit 0.006 and TP 1500, carrying forward previous finding for those setting in my earlier post.
NFP, NFP...what can I say, hope you guys can see that it doesnt really matter much what is coming thru the news to drive this EA. Once you can identify the trend correctly, there will have to be a big calamity to turn everything upside down (that doesnt happen often).
So for me, for the day - a friday for that matter, got profits on USDCHF (100pips - demo), GBPUSD (246pips - live), EURUSD (100pips - demo), USDCAD (100pips -demo).
It been a very very lovely week and I am sure there are many more to come, have a wonderful weekend (I think I will - playing football on saturday and watching MANU on Sunday .... I see a win).
Hey guys found this - http://www.forexbrace.com/content/category/4/15/77/
keeping in line with the Semi-Automatic trading lovely stuff. Watch the vidoes and u can also donwload EAs that can make trading much easier.
Enjoy guys and keep on Pippin
Lanre
Attached File(s)
File Type: xls GBPUSD tests January - April.xls   22 KB | 431 downloads
  • #993
  • Apr 4, 2009 1:59am Apr 4, 2009 1:59am
hi, i run firebird on ibfx. now they change from 4 decimal to 5. would please someone tell me how to change this ea to run on 5 decimal broker? thanks!
  • #994
  • Apr 4, 2009 3:42am Apr 4, 2009 3:42am
Quoting leanne
hi, i run firebird on ibfx. now they change from 4 decimal to 5. would please someone tell me how to change this ea to run on 5 decimal broker? thanks!

Check post #1 in this thread.
(As of the moment I'm writing this post, SamuraiPower has posted a 5-digit broker version of Firebird for use with his "driven" style on the first post of this thread.)

No changes needed
  • #995
  • Apr 4, 2009 6:58am Apr 4, 2009 6:58am
Quoting evsloth
Check post #1 in this thread.
(As of the moment I'm writing this post, SamuraiPower has posted a 5-digit broker version of Firebird for use with his "driven" style on the first post of this thread.)

No changes needed
so i can drive the ea as normal next week, haha
  • #996
  • Apr 5, 2009 9:13am Apr 5, 2009 9:13am
Quoting Namrettik
Anyone have an idea if this can be done. The way I would use it would to put it on the 4hr chart to send me an email and a popup alert if the Heiken Ashi changes color. It would give you a possible early warning that the trend may change direction. I have found various alerts but they have been for "Heiken Ashi Smoothed". I just want the regular Heiken Ashi to have an alert that sends an email and has a popup with sound on my computer.
Hi, Yes this can be done. The only problem is the code of this indicator is copyright by Metaquotes.net. Here the message from their site.
Warning: All rights on these materials are reserved by MetaQuotes Software Corp. Copying or reprinting of these materials in whole or in part is prohibited.

Does somebody know if this Copyright issue have been release for those indicators since they provide the source code with the installation of Metatrader 4 software?

P.S. I did it for myselft and it work fine.
So if you want this, you need to make the modification to the indicator yourself and do not redistribute it otherwise your subject to lawsuite.
  • #997
  • Apr 5, 2009 1:43pm Apr 5, 2009 1:43pm
Quoting Actionpl
Hi, Yes this can be done. The only problem is the code of this indicator is copyright by Metaquotes.net. Here the message from their site.
Warning: All rights on these materials are reserved by MetaQuotes Software Corp. Copying or reprinting of these materials in whole or in part is prohibited.

Does somebody know if this Copyright issue have been release for those indicators since they provide the source code with the installation of Metatrader 4 software?

P.S. I did it for myselft and it work fine....
Lol, studying for my law school finals right now, one course is Copyright, who would have thought reading this thread would help supplement my studying
  • #998
  • Apr 5, 2009 11:19pm Apr 5, 2009 11:19pm
Quoting theforexpert
For those who are still looking for some of the best trend indicators to use for daily TF, you may try any of the two attachments. The 'Nonlag MA' is good in picking a change in trend while 'Trend' is good in predicting an impending turn. I do use both indicators for 2 daily charts for a currency pair to see if they agree... and have been doing so with good success.

Cheers!
Thanks for sharing!

Could you someone please add an email alert to the Trend.mq4 indicator when the color changes?

TIA! :-)
  • #999
  • Apr 6, 2009 1:04am Apr 6, 2009 1:04am
Quoting ollypips
Hi All
What a day, lots of pips in the bag and lots to report as well
Firstly ... confirming Gasgas findings.
Hey guys found this - http://www.forexbrace.com/content/category/4/15/77/
keeping in line with the Semi-Automatic trading lovely stuff...
Enjoy guys and keep on Pippin
Lanre
Hi ollypips, Great controlled testing there, very impressive.
Are you doing it thru the MT4 Backtester or Strategy tester & stepping?
Whats your data quality % getting up to.

Thanks for the connection for the Semi-Auto info also.

cheers
Target 2 : Stoploss in the green
  • #1,000
  • Apr 6, 2009 6:41am Apr 6, 2009 6:41am
Anyone driving long aud or eur today ?
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