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  • #121
  • Mar 10, 2010 2:54pm Mar 10, 2010 2:54pm
Hello Bob !!!

At first, greetings from old Germany !!!
I read your postings since 07 and I must say, that it was a very interesting journey to see you developing your ideaīs !!!
OK, Iīm an old Dino, drawing my trendlines and make some money with this style...
But, maybe, itīs never to late to learn... :nerd:
So I opened a small life account for this method after reading your thread...

Letīs see...

God bless my account...
  • #122
  • Mar 10, 2010 4:22pm Mar 10, 2010 4:22pm
Hey Bob thanks a lot for the threads, really like what you are up and have had great luck with the 60x90 EA has been working dreams. And I am glad to catch this new thread early to be able to give some thoughts and ideas, I haven't really been involved in Forex Factory but hope to be, just never had the time.

I have been working with your other 60x90 EA and have been working on some touch ups to see what I can change maybe increase profits and hope tot ry out this new EA you have.
  • #123
  • Mar 10, 2010 5:32pm Mar 10, 2010 5:32pm
Quoting Toothman
No, even considering 7 from the line plus spread, trades are entering too far from the line. Look at this chart. The green line has a value of 662 and the trade was made at 635. It looks to me that trades are opening at the beginning price of each candle instead of waiting for the line. Also, trades are closing before they get to TP line . I don't think it should have made any of these trades. So something in the code is opening a new trade at the open of each candle.
You are right. It took me a couple of days to try to figure out what is happening. I use the CLOSE in logic and the EA waits until the close of the candle before making its decision. This causes later entries, poorer entrances, and then more SL hits even though visual back testing it shouldnt. I am going to have to rework these EAs to different numbers. Will have to use an OPEN or MEDIAN in my commands to get the entrances I want. That means I will have to change the MA numbers to get the same locations for entering. Now you know why it can take months of testing before you get an EA working right and then you have to see if the strategy will actually work during market conditions. Back to the drawing board this weekend. Sorry guys and gals.
  • #124
  • Mar 10, 2010 5:35pm Mar 10, 2010 5:35pm
Gustav and Toledo, thanks. Looks like this one is going to take a while in developing though. Using a different EA than what I have been using so it takes time and patience. Love the 60x90 thread there have been some great ideas developed there.
  • #125
  • Mar 10, 2010 6:21pm Mar 10, 2010 6:21pm
Quoting nanningbob
Gustav and Toledo, thanks. Looks like this one is going to take a while in developing though. Using a different EA than what I have been using so it takes time and patience. Love the 60x90 thread there have been some great ideas developed there.
Yeah read through most of it and there was a ton of just great ideas to just look over, and hey good things take a while to develop.
  • #126
  • Mar 10, 2010 6:57pm Mar 10, 2010 6:57pm
Quoting nanningbob
You are right. It took me a couple of days to try to figure out what is happening...Now you know why it can take months of testing before you get an EA working right and then you have to see if the strategy will actually work during market conditions. Back to the drawing board this weekend. Sorry guys and gals.
BOB

Please do not be sorry. You are unique in FF. Can you tell me which other person publishes their trades in advance and makes a profit?

Regarding Ver3.3, I am baffled and do not know what to say. Granted the entries are not according to the rules of the system and the EA does exactly opposite what is was designed to do (i.e. to avoid premature entries). I do not know what it is, market conditions, fluke, luck, etc. But being adventurous person I decided to risk $200 trading this system LIVE. Previous version was a disaster with nothing but SL. BUT for Ver3.3, well I let te figures do the talking please have a look 3 days trading (8th, 9th & 10th) 3.5% increase of capital. 28 WINS and 3 Losing trades. Please note the first trade is from the previous version.

Kind Regards.
Attached File(s)
File Type: xls NB 8 TO 10 MARCH STATEMENT.xls   33 KB | 337 downloads
  • #127
  • Mar 10, 2010 8:58pm Mar 10, 2010 8:58pm
Quoting astral77
BOB

Please do not be sorry. You are unique in FF. Can you tell me which other person publishes their trades in advance and makes a profit?

Regarding Ver3.3, I am baffled and do not know what to say. Granted the entries are not according to the rules of the system and the EA does exactly opposite what is was designed to do (i.e. to avoid premature entries). I do not know what it is, market conditions, fluke, luck, etc. But being adventurous person I decided to risk $200 trading this system LIVE. Previous version was a disaster with nothing but...
Which broker are you using? IBFX is not working well with this EA but I may be having internet connection problems. My MPTM often come back with trade context is busy. Not all the time but enough to be concerned.
  • #128
  • Mar 11, 2010 4:37am Mar 11, 2010 4:37am
Quoting nanningbob
Which broker are you using? IBFX is not working well with this EA but I may be having internet connection problems. My MPTM often come back with trade context is busy. Not all the time but enough to be concerned.
HI BOB

Gain capital www.forex.com. I am using VPS based in UK. I have had the experince of what works well with one broker does not work with others. IBFX is good and I do have account with them as well. However, forex.com seems to be very robot friendly for some reason. Even people in Steve Hopwood`s threads (which has at least 15 different robots under test / developement) state that IBFX does not give many trades!

Since my last post no new trades but two of the existing ones have closed half for profit and SL to BE. When you do fix the fault with the EAs I am going to run them on a different account and keep this going to see what happens.

Kind regards
  • #129
  • Mar 11, 2010 5:17am Mar 11, 2010 5:17am
My 3.3 is down(- 86)for the week with -49 floating using IBFX. I'm not closing any trades out early. Just letting it run.
  • #130
  • Mar 11, 2010 6:42am Mar 11, 2010 6:42am
Quoting Toothman
My 3.3 is down(- 86)for the week with -49 floating using IBFX. I'm not closing any trades out early. Just letting it run.
Hi Toothman

Nearly in all instances only 3 out of 4 conditions were met when I loaded the EA, most of the time the condition not met was the MACD line and in majority of cases the price bar was not in the top or bottom half of the screen. Obviously the EA is not functioning as it is supposed to do, however, thus far I am not complaining .

Kind Regards
  • #131
  • Mar 11, 2010 8:29am Mar 11, 2010 8:29am
OK here is the problem and at this point I dont know if or how I can fix it. The biggest problem with EAs are is they all are based on moving averages. Almost all indicators are moving averages mixed with a mathematical formula and then shown in a way other than a line on a chart. They may use bars, histograms, etc. but they are just fancy moving averages. Now when you use a 3MA high or any MA when a bar opens the line moves into a position that equals the Math being used at the time. As price moves up the MA line moves up because the new numbers of price being inputted into the math formula are getting bigger so the line goes higher with the new formula. So what is happening when a candle opens the MA line is farther down than later when the final high of that bar is mathmatically fixed for that bar. What we see is the final line and we are basing our trade decisons on that final line but before price ever reaches that high the MA line is not fixed but is moving. I also have added a 7 pip area to that line and that can cause the entrance to be much lower than the final line we see later. So lower entrances will cause more SL hits and some of our entrances will not be where we want them. Now solving that problem, hmmmmmmmmm that is going to be tough. We need a fixed line where we think the final line of the high is going to be. That is predicting the future and may be tough or impossible to do. Will have to think on that one. So my great idea may not be so great after all. I will have to study this one some and think it through. But the present EAs will all have problems with using the present candles high/low. The problem is not the final high or low, it is all the previous highs/lows before we get to the final high/low. I hope you guys can understand this.
  • #132
  • Mar 11, 2010 8:40am Mar 11, 2010 8:40am
Quoting nanningbob
OK here is the problem and at this point I dont know if or how I can fix it. The biggest problem with EAs are is they all are based on moving averages. ...I hope you guys can understand this.
Hi Bob

Well for someone like me how has not got a clue when it comes to programing what you guys do is just magic!!!

I only follow your thread and Steve Hopwood`s on the FF. He has a ROBOT which I am using quite successfully based on 2SMA and MACD we had simillar problem as yours with that one. We also had difference of opinion as to what is better, when a certain number of pips is crossed or should a candle be closed. He made a user option to that effect. Please have a look at http://www.forexfactory.com/showthread.php?t=216557 .

Please contact STEVE he is very kind and he may be able to help you with this problem.

Kind Regards
  • #133
  • Mar 22, 2010 7:10pm Mar 22, 2010 7:10pm
hey Bob, been using this system since you posted it - but have been trading it manually without the trade manager.

I've been having some pretty good success...definately not making as many trades as I would have if I left the EA's on etc, but I'm comfortable with how it is going.
  • #134
  • Mar 22, 2010 7:45pm Mar 22, 2010 7:45pm
Yes I thinkthey will work manually but I am testing a version that needs less manual maintance and so far it is hitting at an 85% win rate. I dont want to post it until I have two weeks of demo time. I have used it some live also and it is working out well. Will post it this weekend. I think I found the right numbers so you dont have the MA line sliding in as price sldes in.
  • #135
  • Mar 22, 2010 9:10pm Mar 22, 2010 9:10pm
Quoting nanningbob
Yes I thinkthey will work manually but I am testing a version that needs less manual maintance and so far it is hitting at an 85% win rate. I dont want to post it until I have two weeks of demo time. I have used it some live also and it is working out well. Will post it this weekend. I think I found the right numbers so you dont have the MA line sliding in as price sldes in.
Hi Bob

Good to see some activity here. I am still trading this system with good results. Only few hicups last week Thursday and friday. Otherwise a solid reliable system. Looking forward to the improvements

Kind Regards
  • #136
  • Mar 23, 2010 12:32am Mar 23, 2010 12:32am
Im also glad to see some activity after a stall,

Im currently working on my robot as well that picks up swings from tops and bottoms so I was very happy to see the title sell high buy low

Also swingmans indi is exceptional (he is also a very friendly guy, had the privilege to contact him)

NB indicators are very good to use manually I used them on a few trades and they are excellent signals for tops and bottoms especially when you can match the signal for a prior swing point! great indi !!

been following this from day 1 and once my robot is also done Id be more than happy to share the ideas since it works on top and bottom identification as well. may be you guys can use the concepts too... Im not a programmer and couldnt find one with time to help here so Im paying for it butmore than glad to put it on the table for all to use... so far testing result is like below:

opened account with $5000
stop loss 50
take profit 50
began testing 03/03 as at today 23/03 equity = $5,766
trading fixed lots of 0.2

Bob Im following your threads with keen interest thanks for all the input and sharing...

cheers
  • #137
  • Mar 23, 2010 1:30am Mar 23, 2010 1:30am
Hi NB!

I ve been doing this sell high buy low manually and I am having a degree of success with it. Less trades but very good ones. I place trades when all conditions are met and take profit when the blue STOCH hits either the 85 or 15 line

It makes me glad to know that you have not dropped the idea and that there is an improvement on the way.

and dfxclub that is good to know that you are also bringing something great to the thread

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #138
  • Mar 23, 2010 3:11am Mar 23, 2010 3:11am
Quoting nanningbob
Yes I thinkthey will work manually but I am testing a version that needs less manual maintance and so far it is hitting at an 85% win rate. I dont want to post it until I have two weeks of demo time. I have used it some live also and it is working out well. Will post it this weekend. I think I found the right numbers so you dont have the MA line sliding in as price sldes in.
Now this is a torture for us addicted... waiting Thanks for all good stuff You giving us. I think that You and mr. Hopwood are true brilliants of this forum. THX again.
  • #139
  • Mar 28, 2010 10:16am Mar 28, 2010 10:16am
Quoting Kosomolate
Hi NB!

I ve been doing this sell high buy low manually and I am having a degree of success with it. Less trades but very good ones. I place trades when all conditions are met and take profit when the blue STOCH hits either the 85 or 15 line

It makes me glad to know that you have not dropped the idea and that there is an improvement on the way.

and dfxclub that is good to know that you are also bringing something great to the thread

kos
My modem went out and I have been off the internet for 48 hours. Time for bed but I will try to post the follow the trend EA. Will work well with the high low system I think.
  • #140
  • Mar 29, 2010 1:02am Mar 29, 2010 1:02am
Quoting nanningbob
My modem went out and I have been off the internet for 48 hours. Time for bed but I will try to post the follow the trend EA. Will work well with the high low system I think.
thats the way of the modems. Post the EA and lets test it.

kos
John 3:16 - From THIS love no power on earth can me sever.
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