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"vForce" the revolution

  • #1,001
  • Apr 27, 2009 11:54am Apr 27, 2009 11:54am
Quoting piptalk
Thanks for the update!!!,,,,,Looking forward to giving it a spin,,,
I'm working hard on the EA testing some exit strategy.... I hope before this night been able to release the new version.
Thanks for your patience...
I'll send a bottle of wine to my first voucherer ;-)
  • #1,002
  • Apr 27, 2009 5:58pm Apr 27, 2009 5:58pm
Hi all,
I just released the new version of our beta EA (v.0.0.9)

In the next days I hope to improve again the code and to finish the first release for the edge version.
For now good pipings at all. (Remember to use this ea in demo,.... is still under development...)
Attached File(s)
File Type: zip RichBoy1972vForce.zip   15 KB | 527 downloads
I'll send a bottle of wine to my first voucherer ;-)
  • #1,003
  • Apr 27, 2009 7:09pm Apr 27, 2009 7:09pm
Back test for April does not look very good.
Attached File(s)
File Type: pdf StrategyTester.pdf   335 KB | 690 downloads
  • #1,004
  • Apr 27, 2009 9:05pm Apr 27, 2009 9:05pm
Thanks Richboy!!,,,,Loaded and ready to test!!,,,,
  • #1,005
  • Apr 28, 2009 12:19am Apr 28, 2009 12:19am
Quoting tokyomaster
Back test for April does not look very good.
The settings you have used follow strictly the rules of vForceAlert. I prefer setting to 0 the FirstTPAfterNPips parameters so the money management is correct. With the defaults your win are little but your loss are big.

What missing now is a good strategy to quit early... but I'm writing the code for that...

Thanks
I'll send a bottle of wine to my first voucherer ;-)
  • #1,006
  • Apr 28, 2009 5:47am Apr 28, 2009 5:47am
Excellent job Richboy for your EA...and ofcource to the system creators: ForexJedi and Robdee.

I've been looking for an EA for this system to use as a trading mentor on a demo platform, and combine it with candlestick patterns on my live trading.

So far breaking even...but as they say, there is no good wine until its time.

Please keep up your good work, and God bless.
  • #1,007
  • Edited 6:50am Apr 28, 2009 6:02am | Edited 6:50am
The last signal with this EA came around 4:15 GMT, sell-stop at 1.2981.

The signal was removed after an hour when it didn't get trigerred...good signal. As you can see, the market stuck in a trading range shown in the bollinger band.

Next viable trade will be a breakout of this trading range. Let's see how the EA will behave.

_________________________________________

p.s. A new sell-stop signal just popped out @ 1.2958
Attached Image (click to enlarge)
Click to Enlarge Name: vf1.gif Size: 13 KB
  • #1,008
  • Apr 28, 2009 8:52am Apr 28, 2009 8:52am
[quote=richboy1972;2698301]Hi all,
I just released the new version of our beta EA (v.0.0.9)

In the next days I hope to improve again the code and to finish the first release for the edge version.
For now good pipings at all. (Remember to use this ea in demo,.... is still under development...)[/quote


good work
be patient, self-belief and discipline... stay focus...
  • #1,009
  • Apr 28, 2009 2:45pm Apr 28, 2009 2:45pm
If you like to trade with the trend then the 200 SMA is a very popular trend indicator. Popular is good because there is more volume in the reactions to this line than other lines.

I use the 67 SMA on the 15min chart which is giving me the 5min chart 200 SMA (15min / 3 = 5min, therefore 200 / 3 = 67). There are good reactions to this line and the +50 -50 levels.

Last night's bounce was right on the 67 SMA -50 level.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_28apr_67sma.gif Size: 31 KB
  • #1,010
  • Apr 28, 2009 11:34pm Apr 28, 2009 11:34pm
hi robdee,
I'm new to vforce and have just gone through this thread. I would like to thank for all your contribution and it was so great!
I've downloaded the vforce edge and tried to apply this on GBP/USD trade, I would like to ask if the cut loss for 15min GBP/USD is larger than EUR/USD? as per attachment, the light blue label suggest to buy at 1.4646 and +72 was shown at the high of the bar so it should be close at 1.4718. However, it's been touched 1.4575 before going up to reach 1.4718 (-71pips which is more than 55pips SL that you suggested). So I would like your kind advice of the logic of the light blue label as well as the orange label. Are their SL been set/calculated rigidly? sorry for my poor english as I;m living in aisa.
Attached Image (click to enlarge)
Click to Enlarge Name: vforce_gbp.JPG Size: 47 KB
  • #1,011
  • Apr 29, 2009 1:18am Apr 29, 2009 1:18am
Quoting flyaway207
...I would like your kind advice of the logic of the light blue label as well as the orange label.
Flyaway welcome to the Force.

The vForce trading rules you mention do not apply to vForceEdge.

I recommend trading vForce only (not vForceEdge) if you are new to ForexJedi's systems.


With regards to your question about VFE...

  1. Light Blue labels are bullish retrace labels. (like on your chart)
  2. Orange labels are bearish retrace labels.

All the rules for retrace labels are found here...
http://www.forexfactory.com/showthre...72#post2655272

No one has made any trading rules for the VFE retrace labels. They look good sometimes but no one has figured out how to use them. Or I should say if someone has figured out a systematic way to use the retrace labels they have not posted it here.

Has anyone figured out MM rules to use for trading VFE retrace labels ?

Read the posts in my FAQ below for more information. Enjoy! RD

  • #1,012
  • Apr 29, 2009 3:16am Apr 29, 2009 3:16am
Quoting robdee
Flyaway welcome to the Force.

The vForce trading rules you mention do not apply to vForceEdge.

I recommend trading vForce only (not vForceEdge) if you are new to ForexJedi's systems.


With regards to your question about VFE...

  1. Light Blue labels are bullish retrace labels. (like on your chart)
  2. Orange labels are bearish retrace labels.

All the rules for retrace labels are found here...
http://www.forexfactory.com/showthre...72#post2655272

[b]No one has made any trading rules for the...

Thanks for your prompt reply robdee,
I save the "vForceEdge.ex4" into Interbank FX Trader 4expertsindicators folder and the "vForceEdge_white.tpl" into Interbank FX Trader 4templates folder, then open the IBFX MT4 and load the vforceEdge template, but after the load the vForceEdge indicator, then orange label were disappeared, so I would like to know if it is necessary to open the vForceEdge indicators as well?
  • #1,013
  • Apr 29, 2009 6:32am Apr 29, 2009 6:32am
Hi all,
I'm thinking to introduce as parameters 3 tp levels into the ea so that every one can choose how much take at each level. For my trading style one single tp is not enough.

Someone interested ?
Thanks.

PS Piptalk are you testing the last version? Some bugs? Thanks again.
I'll send a bottle of wine to my first voucherer ;-)
  • #1,014
  • Apr 29, 2009 12:06pm Apr 29, 2009 12:06pm
Hi Richboy,,,,Yes I have been testing your ea and we have caught two nice buy signals,,,,,The 80/20 MM,,,seems to be working good,,,,VFE works great in a trending markets,,,,,I am still a little concerned regarding rangeing congestion,,,,I feel this system is profitable over time,,,Thanks again and keep in touch!! You have done a great job implementing the VFE rules in your EA!!
  • #1,015
  • Apr 30, 2009 4:18am Apr 30, 2009 4:18am
Hello

First of all, thanks Richboy for your effort creating an EA for the community!

Second, i believe this exit strategy can be profitable:

1) after 10 pips of profit, lock 10% (you gain 1 pip, it's like a Breakeven);
2) after this, trail the price with 30 pips;

What do you guys think?

However, EA is not moving the SL to 1pip as it should... Don't know why.

I use the following parameters to do so:
InfoParameters=----------- VERSION INFO -----------
VersionNumber=0.0.9
VersionDate=1240790400
MMParameters=----------- MM PARAMETERS -----------
ProfitLossRatio=2.50000000
RiskPercent=2.00000000
MinAccountEquity=0
VForceParameters=----------- VFORCE RULES -----------
QuoteToCloseAfterNPips=10
FirstTPAfterNPips=10
UseTrailingStop=1
TrailingStopPips=25
ConfirmPips=10
CandleToWaitForSignal=4
OptionalParameters=----------- OPT PARAMETERS ----------
BreakEvenStopWhenPossible=0
BreakEvenStopPips=10.00000000
NOfCandleBeforePlacingBEStop=4
TimeParameters=----------- TIME PARAMETERS ---------
UseTimeControl=0
StartTradingHour=8
EndTradingHour=23
AlertsSection=----------- ALERTS -----------
MailEnabled=0
AlertEnabled=0
SoundEnabled=0

Doesn't this should do as i explained?
  • #1,016
  • Apr 30, 2009 6:01pm Apr 30, 2009 6:01pm
Richboy, what do you think about this EA?
Im sure someone already posted this, but here it goes:

Use rules by Robdee:

SL at 35 pips above/below MA;
BE at profit +35 pips;
TS of 35 pips;

Create an EA that catches retrace prices only

Greetings
  • #1,017
  • Apr 30, 2009 6:04pm Apr 30, 2009 6:04pm
Quoting richboy1972
Hi all,
I'm thinking to introduce as parameters 3 tp levels into the EA so that every one can choose how much take at each level. For my trading style one single tp is not enough.

Someone interested ?
Thanks.

PS Piptalk are you testing the last version? Some bugs? Thanks again.
Hi richboy,
Thanks again for the effort you have put into this EA, and thanks for sharing.
Would you please advise if the v.9 of your EA is trading as you intended it to do. I have attached a chart to show what has happened since 14 Apr 09.
I have originally started with v.6, I think, and updated each time you posted a new version.
So far 3 trades, all negative. Perhaps I do not have it set up correctly. Any comments would be appreciated.
Thanks
PipBearhttp://www.forexfactory.com/images/icons/icon8.gif
Attached Image (click to enlarge)
Click to Enlarge Name: richboy1972vforce009.jpg Size: 163 KB
  • #1,018
  • Apr 30, 2009 8:11pm Apr 30, 2009 8:11pm
Quoting Biggz
Ashur.

Here is the correct template and the Indicator for VFE Signal Only.
Delete the one you are using and upload this instead.
Hi Biggzz...got your tpl and EA off the thread but get the signal SetIndexBuffer function must be called from custom indicator only. Can I fix?
  • #1,019
  • May 1, 2009 12:46am May 1, 2009 12:46am
March performed very well with VFE 'Signals Only' but something changed in April and the performance has been very bad.

The graph below reaches the best equity level on 31-March then loses money all during April.

Attached Image (click to enlarge)
Click to Enlarge Name: VFE_March_April.gif Size: 9 KB


I have tried many different settings but I have not been able to find any MM setup that makes a profit in April using VFE 'Signals Only'.

Looking at April's test results I cannot recommend VFE Signals Only trading. RD
  • #1,020
  • May 1, 2009 5:43am May 1, 2009 5:43am
First, I do salute the thousands of hours you must have put into VFE, which has accomplished several things that can help create abundance.
Second, myself am a trader for many years that also works on the idea creating an EA making money.
Third, I am bound by my capabilites in just trade and not write programs.

What I see is that the development into a bad month don't mean the EA can have changed into the perpeual mobile. There are always factors that decisions bound by machine conquers human mind.

We need to add an indicator which creates such change. Even trying to read the past two months of similar situations in chart or technical things can repeat or not in a long time.

Your VForceSim is the greatest idea I have seen in a life time. I think that has great potential for people to learn. I am for it to pursue both directions. LEt me know what I can do.

Quoting robdee
March performed very well with VFE 'Signals Only' but something changed in April and the performance has been very bad.

The graph below reaches the best equity level on 31-March then loses money all during April.

Attachment

I have tried many different settings but I have not been able to find any MM setup that makes a profit in April using VFE 'Signals Only'.

Looking at April's test results I cannot recommend VFE Signals Only trading. RD
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