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50 pips candle system

  • #641
  • Dec 22, 2009 10:48am Dec 22, 2009 10:48am
Hello C-Speed,

Apply the rules on my chart to your tester using Martingale and let us see
how it performs ?

I am using 20-pip bars, but you could use 50-pip bars
  • #642
  • Dec 22, 2009 12:23pm Dec 22, 2009 12:23pm
Quoting Saintsurfer
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..?
Sorry, I should have been more clear.

Firstly, the 10 day SMA is based off PRICE. Not the 50pip bars.

Second, if you get RRRRR, it will buy 4 times in a row.
  • #643
  • Dec 22, 2009 12:24pm Dec 22, 2009 12:24pm
Quoting coffeeshop23
c speed, sorry for dumb question, how to set 10 DAY sma ON chart, in my chart, Sma always based on price.
Sorry, the 10 Day SMA is based on price. Not on the 50 pip bars.
  • #644
  • Edited 12:44pm Dec 22, 2009 12:32pm | Edited 12:44pm
Quoting coffeeshop23
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?
Good question... To be honest it looks like if you did:

GGG
RRR
RGR
GRG

The outcome is pretty much the same. So its up to you which way you want to play it. Probably better to play it this way though.
  • #645
  • Dec 22, 2009 12:36pm Dec 22, 2009 12:36pm
Quoting maxwell-eqtn
Hello C-Speed,

Apply the rules on my chart to your tester using Martingale and let us see
how it performs ?

I am using 20-pip bars, but you could use 50-pip bars

What are your rules?
  • #646
  • Dec 22, 2009 12:50pm Dec 22, 2009 12:50pm
Quoting C-speed
Sorry, the 10 Day SMA is based on price. Not on the 50 pip bars.
SO 10 DAY SMA based on what time frame?
  • #647
  • Dec 22, 2009 12:56pm Dec 22, 2009 12:56pm
Quoting coffeeshop23
SO 10 DAY SMA based on what time frame?
A 10 day SMA would be on a daily chart.
  • #648
  • Dec 22, 2009 8:06pm Dec 22, 2009 8:06pm
Quoting C-speed
A 10 day SMA would be on a daily chart.
Hi C-Speed. Thanks for all the great work. I´ve being using your Strategy Tester and I´m very surprised on the results, specially using 25 pip. Basically I see that we need more volatility movements as in GU than EU. I believe we can see even better performance on EY. Can you add EY and maybe GY to the strategy tester?

Thanks

Alfredo
  • #649
  • Dec 22, 2009 9:28pm Dec 22, 2009 9:28pm
Quoting C-speed
What are your rules?

OK C-speed,

First we determine if it is an up trend or down trend from the chart.

If it is a down trend then look for GR then sell to get GRR.

If it is an up trend then look for RG then buy to get RGG.

I do not know if your tester can determine the trend like I do.

Thanks.
  • #650
  • Dec 23, 2009 12:13am Dec 23, 2009 12:13am
Quoting maxwell-eqtn
OK C-speed,

First we determine if it is an up trend or down trend from the chart.

If it is a down trend then look for GR then sell to get GRR.

If it is an up trend then look for RG then buy to get RGG.

I do not know if your tester can determine the trend like I do.

Thanks.
How are you determining if its in a trend? The current tester already looks for GR or RG, or whatever pattern you want.
  • #651
  • Dec 23, 2009 2:04am Dec 23, 2009 2:04am
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!
how can u know if thr sma is up or down??????
  • #652
  • Dec 23, 2009 2:06am Dec 23, 2009 2:06am
Quoting fadi66
how can u know if thr sma is up or down??????
^ Really? If the angle of the 10 day SMA is pointing UPWARDS (2 o'clock direction), then buy only. If the angle is DOWNWARDS (5 o'clock direction), then sell only.
  • #653
  • Dec 23, 2009 8:52am Dec 23, 2009 8:52am
Quoting maxwell-eqtn
OK C-speed,

First we determine if it is an up trend or down trend from the chart.

If it is a down trend then look for GR then sell to get GRR.

If it is an up trend then look for RG then buy to get RGG.

I do not know if your tester can determine the trend like I do.

Thanks.
By determining the trend, this has becomes another follow-the-trend system, which I am not saying is a bad thing, but I think has deviated from the intent of a mechanical system.
  • #654
  • Dec 23, 2009 5:11pm Dec 23, 2009 5:11pm
it looks promising when using 25 pips bar but please don`t be too exsited. Devide all profit with trades antal and it gives only a few pips per trade... it is nothing only enough for spread witch is not counted in the tester. I only see it profitable trading with at least with 50 but better with 100 pips bars. it looks less profitable but it gives more real picture.
  • #655
  • Dec 23, 2009 9:39pm Dec 23, 2009 9:39pm
hi, c speed, could you please add frequence of consecutive losses to 50 pips system tester as well? thanks
  • #656
  • Dec 27, 2009 7:21am Dec 27, 2009 7:21am
merry cristmas and happy coming new year
  • #657
  • Dec 27, 2009 7:28am Dec 27, 2009 7:28am
i find that moust profitable are trading 100 pips bar and using these paterns,- GGR, RRG, RGRG, GRGR. it does not mean that these paterns are moust profitable but they give least consecutive losses(5) And if you would trade every patern separately it would give even less 4 losses in a row. It is not so bad such long martingale to cover the losses. What you think guys are you fresh?
  • #658
  • Dec 27, 2009 11:16am Dec 27, 2009 11:16am
Quoting Saintsurfer
i find that moust profitable are trading 100 pips bar and using these paterns,- GGR, RRG, RGRG, GRGR. it does not mean that these paterns are moust profitable but they give least consecutive losses(5) And if you would trade every patern separately it would give even less 4 losses in a row. It is not so bad such long martingale to cover the losses. What you think guys are you fresh?

Instead of using Martingale I prefer to use D'Alembert agressive mode if the consecutive losses are less than or equal to 5. It is safer not to drain down ones account.
Thanks
  • #659
  • Dec 27, 2009 12:53pm Dec 27, 2009 12:53pm
Thinking the same as you Saintsurfer got nearly the same results as you yesterday testing 100 pip bars, instead of GGR, RRG, RGRG, GRGR i was testing GGR,RRG,RGR,GRG have a look! In Profit every year with these sequences 2000 - 2009 Good Work! http://cdn.forexfactory.com/images/icons/icon7.gif
  • #660
  • Dec 27, 2009 12:54pm Dec 27, 2009 12:54pm
Quoting maxwell-eqtn
Instead of using Martingale I prefer to use D'Alembert agressive mode if the consecutive losses are less than or equal to 5. It is safer not to drain down ones account.
Thanks
D'Alembert agressive mode seems to work really good, but you have to know the limit lot size and when to reset with initial lot size, have you any good thougts?
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