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4H Banker Buster

  • #221
  • Oct 12, 2009 2:25am Oct 12, 2009 2:25am
Quoting SwingMan
Possible is also to give as imput a fixed box size.
At begin of the areas is a figure = ATR. Then we can multiply this value with the box size factor, and have our box highs.
I don't know if this values are "optimal", but is easier to visualize if we take in trading a fixed box size of 100 points for EURUSD (ATR=47), this is the same with 100 points for GBPJPY (ATR=73)
Yeah, like ground zero is a box size of 100, and from there it gets larger or smaller depending on ATR values
  • #222
  • Oct 13, 2009 5:20am Oct 13, 2009 5:20am
Quoting SwingMan
Here the indi with extern inputs.
Hi SwingMan, thanks for your indicator work (again)

cheers scalpz
Target 2 : Stoploss in the green
  • #223
  • Oct 14, 2009 10:01pm Oct 14, 2009 10:01pm
no updates????
Many choose unhappiness over uncertainty.
  • #224
  • Oct 14, 2009 10:16pm Oct 14, 2009 10:16pm
Sorry everyone, I've been busy the last few days.

Update on the system.

We have lost our primary programmer, and with him the original code. We now have to start from scratch with the EA programming. But this will serve for the best anyway.

I have been testing ADX and ATR to help assist in determining ranging or trending market conditions. I believe this will also help cross out some false breakouts that happen due to whipsaw.

If anyone has any other idea's about what could be beneficial in assisting to determine range or trending conditions, I'm all ears. Should ATR or ADX not prove useful, my next step is the Kumo.

Don't worry everyone, this project is still definitely still a go, my personal life has just become a bit hectic the last few days, and instead of trying to juggle everything at once like I had already done, which almost ended in me leaving, I decided to focus on the most important thing, my family.

I hope you all understand, and continue to be patient. All of the team is volunteer based thus I can't expect anyone to offer more time than they can afford.

Pharoah
  • #225
  • Oct 14, 2009 10:19pm Oct 14, 2009 10:19pm
Quoting Pharoah
Don't worry everyone, this project is still definitely still a go, my personal life has just become a bit hectic the last few days, and instead of trying to juggle everything at once like I had already done, which almost ended in me leaving, I decided to focus on the most important thing, my family. I hope you all understand, and continue to be patient. All of the team is volunteer based thus I can't expect anyone to offer more time than they can afford. Pharoah
Family first, Pharoah . . . if someone doesn't understand that, so be it.

What happened to SwingMan's offer to help? He's well-known for his EA work.
Greetings from Guanajuato, Mexico
  • #226
  • Oct 14, 2009 10:23pm Oct 14, 2009 10:23pm
Quoting yen44x
Family first, Pharoah . . . if someone doesn't understand that, so be it.

What happened to SwingMan's offer to help? He's well-known for his EA work.
Swingman is a very busy man, due to his abilities. He has helped already by providing a Smart Stop indicator (this can be used with any other system) that allows the user to set the MA properties so they can conduct their own personal tests, and he has also offered a Box Marking indicator that draws the box size depending on I believe ADX, or ATR.

If Swingman had the time to pursue the development of this EA, I would welcome him with open arms, and be greatful for it.
  • #227
  • Oct 15, 2009 1:16am Oct 15, 2009 1:16am
Sorry to hear about the setback pharoah. Hopefully we'll find us a programmer willing to take it on. Swingman would be a great choice, let's hope he can find some time for it.
And by all means, take care of the family first!
  • #228
  • Oct 15, 2009 1:46am Oct 15, 2009 1:46am
Quoting tazmaan
Sorry to hear about the setback pharoah. Hopefully we'll find us a programmer willing to take it on. Swingman would be a great choice, let's hope he can find some time for it.
And by all means, take care of the family first!
Plan to
  • #229
  • Oct 15, 2009 4:05am Oct 15, 2009 4:05am
Hello, it looks like everyone is here.
I am a little bit messed up. not a little bit actually. seems like trading some many styles did mess me. gotta concentrate on maximum 2.
  • #230
  • Oct 15, 2009 5:00am Oct 15, 2009 5:00am
Quoting shiko
Hello, it looks like everyone is here.
I am a little bit messed up. not a little bit actually. seems like trading some many styles did mess me. gotta concentrate on maximum 2.
I agree shiko, trying to trade multiple methods can cause you to confuse rules, which can lead to misinformed trade entries, which can lead to loss.

Trading no more than 2 methods at one time should be good.
  • #231
  • Oct 15, 2009 5:23am Oct 15, 2009 5:23am
Quoting Pharoah
I agree shiko, trying to trade multiple methods can cause you to confuse rules, which can lead to misinformed trade entries, which can lead to loss.

Trading no more than 2 methods at one time should be good.

Yeah, I think it is not a good idea to trade 2 strategies that have different premises: cut losses short and let losses run It begins kinda mixing things up...
  • #232
  • Oct 15, 2009 6:16am Oct 15, 2009 6:16am
Quoting Pharoah
... a Box Marking indicator that draws the box size depending on I believe ADX, or ATR.

If Swingman had the time to pursue the development of this EA...
- The box size is depending on ATR.

- I will try in the next days.
  • #233
  • Oct 15, 2009 6:40am Oct 15, 2009 6:40am
Quoting SwingMan
- The box size is depending on ATR.

- I will try in the next days.
Ok fantastic, I'm not sure if I've told you my forum link (where the betatesters and I communicate) but if I have not, let me know and I will PM you the link, upload the EA there for the preliminary tests.

Also, if you could before you begin the development of the EA, come to my forum to get the most up to date development discussion.

I have yet to compile the full ruleset that is believed to improve various things noticed in previous tests to help prevent whipsaw triggers and stops.

Also Swingman, I am willing to listen to any piece of advice you have to offer to improve the performance of this EA.
  • #234
  • Oct 15, 2009 8:53am Oct 15, 2009 8:53am
Quoting shiko
I am a little bit messed up. not a little bit actually.
Shiko . . . I've been trying to tell you that for months now.

I think you ought to check in here at the asylum for a while. Think of the benefits . . . free room and board, free meds, and, best of all, I could tease you in person.
Greetings from Guanajuato, Mexico
  • #235
  • Oct 16, 2009 12:49am Oct 16, 2009 12:49am
Quoting yen44x
Shiko . . . I've been trying to tell you that for months now.

I think you ought to check in here at the asylum for a while. Think of the benefits . . . free room and board, free meds, and, best of all, I could tease you in person.
Hi Yen

Just thougt I would say hello. OK, my Mangos got the best of me but at least they don't get pissed off when I abuse them.

Opps. Let the cat (burro) out of the bag.

Had a good run this week on the non-sexual box this week. What do you think? Yen, Pharoah

Dave R,.
  • #236
  • Oct 16, 2009 4:40am Oct 16, 2009 4:40am
Quoting yen44x



Pharoah . . . good luck on the new thread . . . I'll be taking it out for a test drive.

Are you shutting down the old thread, or will it remain active as well?

I decided to go back to concentrate on 1 thing. Support/ resistance explained at No Brainers trades. I have had very good accuracy 80-90% hit rate thus far with this style, the only problem that I had is not letting trades run which is not a problem anymore after I have traded BWILC. I actually traded my first OPM with this method.
Yen, what are you trading? Pharoah new method?
  • #237
  • Oct 16, 2009 6:40am Oct 16, 2009 6:40am
Quoting shiko
Yen, what are you trading? Pharoah new method?
I hope not lol, while this method shows promise it is still flawed and is a WIP (Work in progress) project.

I suspect this will be one of those ones that go to v7.0 or higher to be honest. Was at 3.0.03, and now has to be restarted programming wise.

Either way, development and programming of the strategy and EA are going to continue.

Once we do have a stable version (bug free and up to current date development) we will be releasing immediately after betatesting. I do not recommend using the first few EA releases on a live account. Consider them more of a "Get the feel of" releases.

Each update thereafter will include, or remove particular rules depending on developmental discoveries that improve the performance of the EA long term.

We're not looking for a short term, quick money maker/taker, we're looking for the long run and a average to above average R:R/Win%/Low DD.

Pharoah
  • #238
  • Oct 16, 2009 6:41am Oct 16, 2009 6:41am
Quoting shiko
I decided to go back to concentrate on 1 thing. Support/ resistance explained at No Brainers trades. I have had very good accuracy 80-90% hit rate thus far with this style, the only problem that I had is not letting trades run which is not a problem anymore after I have traded BWILC. I actually traded my first OPM with this method.
You will be missed unless you still visit , but I wish you many many pips in whatever you decide. Pips ahead my friend.
  • #239
  • Oct 16, 2009 7:14am Oct 16, 2009 7:14am
Quoting Pharoah
You will be missed unless you still visit , but I wish you many many pips in whatever you decide. Pips ahead my friend.
What? I am trading my old way, but I am still here I am going nowhere. No good riddance
  • #240
  • Oct 16, 2009 1:43pm Oct 16, 2009 1:43pm
been away for the week and when I came back looks like we broke out of the ranging pattern
I do Good I feel GoodI do Bad I feel Bad
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