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50 pips candle system

  • #541
  • Edited 1:02pm Dec 15, 2009 12:07pm | Edited 1:02pm
Quoting sangmane
Hi Kostas,

coding a filter addition to that EA is an easy task. choosing the right filter, the best parameters for filter and the rules/how the filter interact with standard 50 pips rules is the most tricky part. it doesn't fair to ask me to add filter while you don't provide me the filter details. i'm just a programmer that learning how to trade.

Hey Stephen is back in here!
OK, then.
1) Easy filter: Moving Average. If Price when crossing the round number is above MA and agrees with long pattern then take the trade otherwise do not take trade. Example, we have GG from 1,6050-1,6100-1,6150 so when price crosses 1,6150 (shooting for GGG) and MA is 1,6120 then we take long trade since price>MA. If price<MA then we do not take long trade and wait for next signal. My suggestion is to use 15min bars as the base of calculations.

Ball in your hands my friend!

Kostas
  • #542
  • Edited 1:04pm Dec 15, 2009 12:35pm | Edited 1:04pm
2) CCI Filter:
If CCI is greater than 0 or a chosen positive value and pattern suggests long trade then take the trade.
If CCI is less than 0 or a chosen negative value look for short trades.

Example, we have GG from 1,6050-1,6100-1,6150 so when price crosses 1,6150 (shoot for GGG) and CCI is above 0 then we take long trade. If CCI<0 then we do not take long trade and wait for next signal. My suggestion is to use 15min bars as the base of calculations.

Try this: Put CCI(96) calculated on close price on 15min bars and put levels at -180, +180. Many times with GG if CCI(96)>180 then always +50 pips happens (GGG). But if CCI<180 then usually GGR happens for -50 pips. The reverse is true for RR and CCI(96)<-180.
  • #543
  • Dec 16, 2009 12:39am Dec 16, 2009 12:39am
FYI: I've added EUR/USD to my back testing script.

http://www.crescentkao.com/trading/zebulon.php
  • #544
  • Dec 16, 2009 3:52am Dec 16, 2009 3:52am
Quoting C-speed
FYI: I've added EUR/USD to my back testing script.

http://www.crescentkao.com/trading/zebulon.php
It would be a great thing also to use 100 pips bars for testing. In periods where ir doesn`t work with 50 pips bars it works with 100 or even 200 bars.
  • #545
  • Dec 16, 2009 4:40am Dec 16, 2009 4:40am
I really can't find a pattern that gives me a real edge...

What about you guys??
Market is like a puzzle, YOU have to fit the pieces!!
  • #546
  • Dec 16, 2009 5:26am Dec 16, 2009 5:26am
Quoting JarodM
Hey guys.....I don't mean to post anything negative on here so don't take it this the wrong way but I was reading ufgators 5m 40/40 method which is a lot like this one. I didn't know if anyone wanted to read it and compare to this to see if their is anything to add to this system. I can't post his website here to download it but you can contact me if your are interested in looking at it. He gives it away free of charge. Actaually everything on his website is free except for his managed account. So it may be worth checking out. His 5m 40/40 strategy...

hi man iam new in the forex market almost a year and iam looking fo a method that i can make profits .....

please send me anything that could help me ...thanks
  • #547
  • Dec 16, 2009 5:30am Dec 16, 2009 5:30am
Quoting zebulon
december updated
initial method = -200 pips
evolution = 350 pips
what u mean for the evolution ??????????

whats that mean
  • #548
  • Dec 16, 2009 5:38am Dec 16, 2009 5:38am
Quoting zebulon
it seems GG and RR are better than GGG an RRR ...
u mean that when we will have a green candel we buy ?

and when we have a red candel we sell ?

each candel 50 pip , right ?
  • #549
  • Dec 16, 2009 6:59am Dec 16, 2009 6:59am
Quoting fadi66
u mean that when we will have a green candel we buy ?

and when we have a red candel we sell ?

each candel 50 pip , right ?
evolution method mean that you trade in same Zebulon original mode but if you loose you increase you trading size up next and third time until you win or loose third time. it goes so 0.1, 0.2, 0.4 and after third loose or win trade with initial size(0.1) again.
  • #550
  • Dec 16, 2009 7:16am Dec 16, 2009 7:16am
Quoting Chris_B
I really can't find a pattern that gives me a real edge...

What about you guys??
I thing and I see that original Zebulon or evolution strategy works, but in periods where volatility is high you have to use 100 or even higer bars like 200. I personally use evolution method with some exseptions. If last consolidation was made of tree or two bars I exspect tree bars trend and then I begin to take opposite positions until I find consolidation. And after tree bars of consolidation I trade with the last bar in same direction. If the last consolidation was made of four bars I also exspect trend of four bars and only then begin to take oposite positions. and after very long trend (five or more bars) I do not exspect consolidation made more then two bars so I go same direction of first oposite bar for corection of tree bars. I hope it is uderstandable.
  • #551
  • Dec 16, 2009 7:28am Dec 16, 2009 7:28am
Quoting Saintsurfer
I thing and I see that original Zebulon or evolution strategy works, but in periods where volatility is high you have to use 100 or even higer bars like 200. I personally use evolution method with some exseptions. If last consolidation was made of tree or two bars I exspect tree bars trend and then I begin to take opposite positions until I find consolidation. And after tree bars of consolidation I trade with the last bar in same direction. If the last consolidation was made of four bars I also exspect trend of four bars and only then begin to take...
I don't like very much the fact of changing the bar's extension...
If a system works it has to work every with the same bar's pips...IMHO
Market is like a puzzle, YOU have to fit the pieces!!
  • #552
  • Dec 16, 2009 7:57am Dec 16, 2009 7:57am
hi i suggest to use hedging or pivot lines ,

hedging to protect our money and then we can close it in profits ..????

what u think guys ???????
  • #553
  • Dec 16, 2009 8:04am Dec 16, 2009 8:04am
Quoting Chris_B
I don't like very much the fact of changing the bar's extension...
If a system works it has to work every with the same bar's pips...IMHO
I don`t like it either. But I think there is no system that can work without abilitty to adapt for a longer time. And that bar increasing or decreasing is what it makes posible to adapt I think.
  • #554
  • Dec 16, 2009 10:05am Dec 16, 2009 10:05am
Quoting zebulon
it seems GG and RR are better than GGG an RRR ...
hi man i just wanted to ask u abut the RR GG its better than the GGG RRR r u sure cause iam a manager account and iam dealing with real money so as u think that its the best way ???????

thanks a lot.
  • #555
  • Dec 16, 2009 10:14am Dec 16, 2009 10:14am
Quoting fadi66
hi man i just wanted to ask u abut the RR GG its better than the GGG RRR r u sure cause iam a manager account and iam dealing with real money so as u think that its the best way ???????

thanks a lot.
With all due respect...I think that a manager account should deal with proved and secure and tested strategies...not with strategies under test...
Market is like a puzzle, YOU have to fit the pieces!!
  • #556
  • Edited Dec 17, 2009 12:42am Dec 16, 2009 10:51am | Edited Dec 17, 2009 12:42am
Quoting kostas1
Hey Stephen is back in here!
OK, then.
1) Easy filter: Moving Average. If Price when crossing the round number is above MA and agrees with long pattern then take the trade otherwise do not take trade. Example, we have GG from 1,6050-1,6100-1,6150 so when price crosses 1,6150 (shooting for GGG) and MA is 1,6120 then we take long trade since price>MA. If price<MA then we do not take long trade and wait for next signal. My suggestion is to use 15min bars as the base of calculations.

Ball in your hands my friend!

Kostas
Hello Kostas,

Pls find 50 pips EA below, it seems using MA as filter give improvement in result. Adding Zebulon's evolution, almost double the account in 1 year. Unfortunately, it's only in backtesting lol.
Your CCI filter seems contra productive. Pls experiment, tweak the setting, and post your result.

Hands in your balls, ooppss, ball in your hand now...

Edited:
- EA corrected for an error on lot size
- adding feature to save pattern as CSV file, which can be analyzed in excel by utilizing pivot table
Attached Image (click to enlarge)
Click to Enlarge Name: kostas tester.gif Size: 7 KB
Attached File(s)
File Type: mq4 50pipsCandleEA V2.mq4   10 KB | 860 downloads
  • #557
  • Dec 16, 2009 11:29am Dec 16, 2009 11:29am
Quoting Chris_B
With all due respect...I think that a manager account should deal with proved and secure and tested strategies...not with strategies under test...
iam a manager account right and i all the time have to get new doors to be more sucsesfull...

thats all my litle dear
  • #558
  • Dec 16, 2009 12:05pm Dec 16, 2009 12:05pm
Quoting sangmane
Hello Kostas,

Pls find 50 pips EA below, it seems using MA as filter give improvement in result. Adding Zebulon's evolution, almost double the account in 1 year. Unfortunately, it's only in backtesting lol.
Your CCI filter seems contra productive. Pls experiment, tweak the setting, and post your result.

Hands in your balls, ooppss, ball in your hand now...
Stephen,
You've done it again! Great job!
Playing with the balls now and will update everyone later.
Kostas.
  • #559
  • Dec 16, 2009 12:14pm Dec 16, 2009 12:14pm
Quoting sangmane
Hello Kostas,

Pls find 50 pips EA below, it seems using MA as filter give improvement in result. Adding Zebulon's evolution, almost double the account in 1 year. Unfortunately, it's only in backtesting lol.
Your CCI filter seems contra productive. Pls experiment, tweak the setting, and post your result.

Hands in your balls, ooppss, ball in your hand now...
Thanks sangmane!

It looks like there is a problem with your EA. If you turn off Martingale system, the EA generates an error. I changed the lot size from 0.01 to 1 in order to fix the error.

However there still seems to be a discrepancy. If lot size is set to 1, you get 2 different results with Martingale on versus off. You should get the same results.

I'm a coder, but I'm not familiar enough with MT4 EA code to make an immediate fix.
  • #560
  • Dec 16, 2009 12:17pm Dec 16, 2009 12:17pm
Quoting Saintsurfer
It would be a great thing also to use 100 pips bars for testing. In periods where ir doesn`t work with 50 pips bars it works with 100 or even 200 bars.
i'm agree with that.

Is it possible for you C-Speed to modify your tester and allow us to test also with 100 pips ?? It would be very great...
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