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Old Dog with New Tricks

  • #41
  • Dec 18, 2009 5:49am Dec 18, 2009 5:49am
Quoting eclayf
Hi Ronald,

I have tried this in Strategy Tester with about 15 different settings on a few different currencies and can't find a setting that is consistently profitable. Is there a problem using it in the Tester?

What settings do you recommend

Doesn't work in the backtester.
  • #42
  • Dec 18, 2009 6:31am Dec 18, 2009 6:31am
A fellow on another board had a similar approach to yours, based purely on statistics. It adapted by always calculating stats over the last 20 hourly bar and taking trades only in the bias direction. It was very simple but had an edge which is what got my attention.

It's my next MT4 project, since this guy was strong on statistics but weak in programming.
You are in a maze of twisty little passages, all alike.
  • #43
  • Dec 18, 2009 7:05am Dec 18, 2009 7:05am
Hello Ronald. Too many people asking for Settings

Could you please just upload ea_settings.set file with

recommended settings and then from there everyone can just

change TP or SL to suit there needs.

Thank you.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #44
  • Dec 18, 2009 7:18am Dec 18, 2009 7:18am
In order to get the EA running and in a trade-ready state you simply change the lot size to a non-zero number.

All the other inputs are explained rather clearly if I do say so myself in the first post.
  • #45
  • Edited 9:03am Dec 18, 2009 8:34am | Edited 9:03am
Quote
HiLo Trader [TD] GBPCADFXF,M15: GBPCAD Error: Error: Table 'ronaldr1_TickDataStream.GBPCAD' doesn't exist
First of all thanks for the EA.
I get the Error message above, that means I'm the only one running it on the EA on that pair correct? I attached it on all pairs available form forex.com
Thanks
Jado
never mind me I saw your tick database
  • #46
  • Dec 18, 2009 8:39am Dec 18, 2009 8:39am
RR this is a very interesting puzzle. I've gotten something.. BUT I'm still tweaking to see if I can get a better setting..
  • #47
  • Dec 18, 2009 8:46am Dec 18, 2009 8:46am
First time all week I got out of "Stand Aside" status and I received the following error message for all currency pairs.

2009.12.18 08:40:08 HiLo Trader [TD] EURJPY,H1: EURJPY Error: <!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd">
<html xmlns="http://www.w3.org/1999/xhtml" xml:lang="en" lang="en">
<head>
<title>Account Suspended</title>
<meta http-equiv="Content-Type" content="text/html;charset=utf-8" />
</head>
<frameset rows="100,*" frameborder="no" border="0" framespacing="0">
<frame src="http://www.justhost.com/error_docs/suspend.header.php">
<frame src="http://searchportal.i
  • #48
  • Dec 18, 2009 9:20am Dec 18, 2009 9:20am
yeah ron, looks like there's a problem with your justhost.com account.
You are in a maze of twisty little passages, all alike.
  • #49
  • Dec 18, 2009 10:02am Dec 18, 2009 10:02am
Shouldn't a trade have happened today? Just wondering.

I thought FXDD was a five digit broker, but the screen says 4 digit. Is there a way to change that?

Also, I see the yellow HiLo lines are missing.

Any suggestions? Sorry for the trouble.

Murph.
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 31 KB
  • #50
  • Dec 18, 2009 10:19am Dec 18, 2009 10:19am
Quoting MurphyMan
Shouldn't a trade have happened today? Just wondering.

I thought FXDD was a five digit broker, but the screen says 4 digit. Is there a way to change that?

Also, I see the yellow HiLo lines are missing.

Any suggestions? Sorry for the trouble.

Murph.

Murphy, FXDD is 4 digit. You determine your figure by counting after the decimal point. So 1.xxxxx (1.12345) is an example of a 5 digit broker.
  • #51
  • Dec 18, 2009 10:53am Dec 18, 2009 10:53am
Oops again. I have two demo brokers and I guess I mixed them up.
Quoting wh1zz0
Murphy, FXDD is 4 digit. You determine your figure by counting after the decimal point. So 1.xxxxx (1.12345) is an example of a 5 digit broker.
  • #52
  • Dec 18, 2009 12:18pm Dec 18, 2009 12:18pm
That pair wasn't set up in the database, so yes your EA will only rely on bar data.
  • #53
  • Edited 12:44pm Dec 18, 2009 12:42pm | Edited 12:44pm
RR Thanks for sharing the ea, are your setting is same like what you shown in the 1 page or did you have another setting that you prefer to use on certain pair and tf? Plz guide us and let us ride the profits like you.
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  • #54
  • Dec 18, 2009 12:47pm Dec 18, 2009 12:47pm
Quoting saintmo
First time all week I got out of "Stand Aside" status and I received the following error message for all currency pairs.

2009.12.18 08:40:08 HiLo Trader [TD] EURJPY,H1: EURJPY Error: <!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd">
<html xmlns="http://www.w3.org/1999/xhtml" xml:lang="en" lang="en">
<head>
<title>Account Suspended</title>
<meta http-equiv="Content-Type" content="text/html;charset=utf-8" />
</head>
<frameset...
Yep, happened this morning. My personal tick contributing server is contributing to a backup database, so no data is being lost.

I'm trying to reach them now to resolve this. If there's anyone out there good with LAMP, I'd love it if they could lend a hand.


Quoting stevegee58
yeah ron, looks like there's a problem with your justhost.com account.

Yep. Trying to fix it. All EAs will still work, just not as accurately as with the tick DB
  • #55
  • Dec 19, 2009 6:50pm Dec 19, 2009 6:50pm
Hi, Ron
very interesting EA that u shared here
I was wondering if u can come up an EA that can scan and alert the market based on Higher/High and Lower/Low ,
for LONG Entry = High/LOW ....Send Alert

for Short Entry = LOW/High .... Send Alert

Trading Range(Price Level) can be input by user


Thanks
  • #56
  • Dec 19, 2009 11:33pm Dec 19, 2009 11:33pm
RR,

I've figured out how to get the thing running. I have not figured out how to get the thing running profitably.

My first idea is a long series of tests (by reloading the EA on a chart) of every combination of the involved variables. But assuming 10 mins per test outcome, that would take a few years and several machines to do comprehensively.

Several years of tests can't be what you have in mind when you started this thread. So I must be looking at this wrong...

Once we know how to make the thing run, how do we figure out the settings (Pair, Time Frame, Number of bars in tester, TP, SL, and any others that I don't see yet) that make the thing run profitably?

VBro
  • #57
  • Dec 19, 2009 11:59pm Dec 19, 2009 11:59pm
Quoting vbro
RR,

I've figured out how to get the thing running....
The main reason why I do not post settings I use is because those settings were optimized with my trading style in mind. What works for me may not work for you. I will not risk another lawsuit from somebody who blew his account because they didn't know how to use my EAs.

Here are some things to think about:

 

  1. Are more recent trades just as relevant than trades far in the past?
  2. I did put up a warning that this EA is resource-intensive. The number of bars does affect the 'backtest time'
  3. What goals do you have for the EA? Few big wins and several small losses? Several small wins and few big losses?
  4. How often does a market change? Every new US president? Every year? Every major financial event? Every week? New moon?
  5. What market conditions are ripe for either a breakout or counter-trend?

To anyone else with grandiose dreams of 'hitting it big' with this EA:

Do not think for a second that this EA will instantly make you a millionaire. If you think this is the holy grail of EAs, go elsewhere.

  • #58
  • Dec 20, 2009 12:15am Dec 20, 2009 12:15am
Quoting Ronald Raygun
To anyone else with grandiose dreams of 'hitting it big'...
RR,

Difficult to read peoples' intentions with text only, but it looks like you're throwing a bit of a flame at me here. If I'm wrong, please tell me so. If I'm right, I have to tell you that I don't think I deserve it. I asked a fair question, without fawning, guile or malice. I am a person willing to work, not clear on where to direct his energy, asking for guidance in the next step.

Anyway, thanks the parts of your reply that were constructive and helpful.

VBro
  • #59
  • Dec 20, 2009 10:33am Dec 20, 2009 10:33am
Quoting vbro
RR,

Difficult to read peoples' intentions with text only, but it looks like you're throwing a bit of a flame at me here. If I'm wrong, please tell me so. If I'm right, I have to tell you that I don't think I deserve it. I asked a fair question, without fawning, guile or malice. I am a person willing to work, not clear on where to direct his energy, asking for guidance in the next step.

Anyway, thanks the parts of your reply that were constructive and helpful.

VBro
VBro,

My apologies if I came off as rude. That second part was directed more toward those people who have been contacting me asking for the "best settings". One person had the gall to call me several times.

Those bullet points I outlined are definitely some of the things that I'm thinking about whenever I'm setting up this EA.
  • #60
  • Dec 20, 2009 9:08pm Dec 20, 2009 9:08pm
Quoting Ronald Raygun
That second part was directed more toward those people...
RR,

Thanks for letting me know!

Cheers.

VBro
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