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50 pips candle system

  • #621
  • Dec 20, 2009 3:49am Dec 20, 2009 3:49am
Quoting C-speed
I've written a back tester for Zebulon's ALTERNATE strategy here:

http://www.crescentkao.com/trading/zebulon2.php

It looks like it WAY out performs the 'original' strategy.
Nice tool C-speed, thanks !

It shows us that in January 09 we had 7 consecutive losses according to this Alternate strategy. So: Even if you start with a minilot you have to open 12.8 FULL LOTS to open the 8th winning trade. Totaly ABSURD to risk (with 50:1 margin on Oanda) 25.600$ on Margin, only to win 50$

Let's focus on the strategy in stead of kidding our selfs with Martingale nonsens.
  • #622
  • Dec 20, 2009 10:10am Dec 20, 2009 10:10am
Quoting C-speed
I've written a back tester for Zebulon's ALTERNATE strategy here:

http://www.crescentkao.com/trading/zebulon2.php

It looks like it WAY out performs the 'original' strategy.

great job!!!!turely!!! thanks ,c- speed
  • #623
  • Dec 20, 2009 2:18pm Dec 20, 2009 2:18pm
Ok, I've updated the back tester for the Alternate strategy, and the results are not very good. Martingale resets back to 1 lot after 2 consecutive losses.
  • #624
  • Dec 20, 2009 7:54pm Dec 20, 2009 7:54pm
Quoting Dori
Hi...
The file you posted with ex.4 extension doesn't work without the other one with the mq4.

Can you share the mq4 also ?

Thanks
Something is wrong because ex4 extension does not need the mq4 extension, anyway im preparing a new version, i will publish when it be ready
  • #625
  • Dec 21, 2009 4:10am Dec 21, 2009 4:10am
Quoting CatMan
Nice tool C-speed, thanks !

It shows us that in January 09 we had 7 consecutive losses according to this Alternate strategy. So: Even if you start with a minilot you have to open 12.8 FULL LOTS to open the 8th winning trade. Totaly ABSURD to risk (with 50:1 margin on Oanda) 25.600$ on Margin, only to win 50$

Let's focus on the strategy in stead of kidding our selfs with Martingale nonsens.

You are right Catman, my heart couldn’t take 7 consecutive losers.
Martingale is for the birds.
  • #626
  • Dec 21, 2009 1:54pm Dec 21, 2009 1:54pm
I've improved the indicator PRC (Pip Range counter), it will help us to count all favorable and unfavorable patterns for this method, you can change the parameter Range to test another frames and ranges different from 50 pips.

The indicator will tell us if the method is currently profitable or not. If potential value is positive the method is currently profitable, if potential value is negative the method is not currently profitable.

Remember that you need to switch to a lower time frames if you want counter patterns with lower range.

I will add a datetime based filter after.
Attached File(s)
File Type: ex4 PipRangeCounter.ex4   10 KB | 678 downloads
  • #627
  • Edited 9:01pm Dec 21, 2009 5:01pm | Edited 9:01pm
I did some testing today, and I've discovered that if you trade the following patterns:

RRR
GGG
RGRG
GRGR

And only go long (GGG, RGRG) when the 10 day SMA is up and only short (RRR, GRGR) when the 10 day SMA is down, you increase your W/L percentage dramatically and increase your winnings.
  • #628
  • Dec 21, 2009 5:06pm Dec 21, 2009 5:06pm
Quoting C-speed
I did some testing today, and I've discovered that if you trade the following patterns:

RRR
GGG
RGRG
GRGR

And only go long (GGG, RGRG) when the 30SMA is up and only short (RRR, GRGR) when the 30SMA is down, you increase your W/L percentage dramatically and increase your winnings.
that is good,thanks ,c speed , by the way ,have you changed the martingale in tester yet? although, i think the result would not change much after changing the martingale
  • #629
  • Dec 21, 2009 5:07pm Dec 21, 2009 5:07pm
Quoting coffeeshop23
that is good,thanks ,c speed , by the way ,have you changed the martingale in tester yet? although, i think the result would not change much after changing the martingale
Yes, I've fixed the Martingale Lots
  • #630
  • Dec 21, 2009 5:16pm Dec 21, 2009 5:16pm
Quoting C-speed
I did some testing today, and I've discovered that if you trade the following patterns:

RRR
GGG
RGRG
GRGR

And only go long (GGG, RGRG) when the 30SMA is up and only short (RRR, GRGR) when the 30SMA is down, you increase your W/L percentage dramatically and increase your winnings.
hi, c speed ,is this for 50pips or 25 pips?
  • #631
  • Dec 21, 2009 5:33pm Dec 21, 2009 5:33pm
Quoting coffeeshop23
hi, c speed ,is this for 50pips or 25 pips?
50pips
  • #632
  • Edited 9:01pm Dec 21, 2009 5:52pm | Edited 9:01pm
*Deleted* Incorrect parameters
  • #633
  • Dec 21, 2009 9:02pm Dec 21, 2009 9:02pm
Update: I made a slight error in my previous post.

The 10 day SMA as a filter improves the results dramatically. I've updated my original post to reflect this.
  • #634
  • Dec 21, 2009 9:21pm Dec 21, 2009 9:21pm
Additional update:

Ok, this seems to give the best results... 2-4x more pips per year.

Patterns:

RR
GG
RGR
GRG

Use 10 day SMA as filter. If SMA is up, only BUY (GG, GRG). If SMA is down, then only SELL (RR, RGR).

I've added the 10 Day SMA to the back tester as well:
http://www.crescentkao.com/trading/zebulon.php

Enjoy!
  • #635
  • Dec 22, 2009 7:06am Dec 22, 2009 7:06am
Quoting C-speed
Additional update:

Ok, this seems to give the best results... 2-4x more pips per year.

Patterns:

RR
GG
RGR
GRG

Use 10 day SMA as filter. If SMA is up, only BUY (GG, GRG). If SMA is down, then only SELL (RR, RGR).

I've added the 10 Day SMA to the back tester as well:
http://www.crescentkao.com/trading/zebulon.php

Enjoy!
There can`t be much better strategy to use then this, good job C-speed, congratulations
  • #636
  • Edited 8:42am Dec 22, 2009 7:27am | Edited 8:42am
C-speed, one question if the last five bars are RRRRR, will yor tester sell only one time after the first two bars or four times in a row here? I think it is also dificult to interpretate the 10 sma for range trades becose it is quiet fast hard to shoose the position where it is reallynow . Could you explain how you tester works with that 10 sma more closer..?
  • #637
  • Dec 22, 2009 9:25am Dec 22, 2009 9:25am
Quoting C-speed
Additional update:

Ok, this seems to give the best results... 2-4x more pips per year.

Patterns:

RR
GG
RGR
GRG

Use 10 day SMA as filter. If SMA is up, only BUY (GG, GRG). If SMA is down, then only SELL (RR, RGR).

I've added the 10 Day SMA to the back tester as well:
http://www.crescentkao.com/trading/zebulon.php

Enjoy!

c speed, sorry for dumb question, how to set 10 DAY sma ON chart, in my chart, Sma always based on price.
  • #638
  • Dec 22, 2009 9:43am Dec 22, 2009 9:43am
also, i think i confused with GG ,RGR, GG says you go long once you see G ahead,right? but when you see RG,why RGR is wining sequence, you see G ahead now,does it apply for GG now?
  • #639
  • Dec 22, 2009 10:38am Dec 22, 2009 10:38am
Great Job C-speed.

This is what I have been thinking of. I have a
modified Martingale series that can go for more than 12 rounds.
It could be used with the chart bellow and the profit is out of this world.

You do not have to use Martingale. However, you still will be a winner
using the chart below.
Attached Image (click to enlarge)
Click to Enlarge Name: 50-pip-candle3.gif Size: 22 KB
  • #640
  • Dec 22, 2009 10:42am Dec 22, 2009 10:42am
Here is the Uptrend one
Attached Image (click to enlarge)
Click to Enlarge Name: 50-pip-candle4.gif Size: 20 KB
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