Simple H1 GBPUSD EA | Page 11 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

Trading is this Simple? Finally Explained simple and clearly! 46 replies

Simple 3 order GBPUSD EA 1,047 replies

Experiment with "Simple H1 GBPUSD EA" 4 replies

Simple 5m GBPUSD trade system 10 replies

Attachments: Simple H1 GBPUSD EA
Exit Attachments

Simple H1 GBPUSD EA

  • #201
  • Apr 19, 2010 10:40am Apr 19, 2010 10:40am
Quoting geoffb65
Right at the beginning of the Tokyo session and still GU only.
I haven't had time to look at other pairs yet!
Thank you Geoff! One last question. Do we apply to the 1HR timeframe? I ask because you mentioned 15M Fractals Thanks again!
Believe and Achieve!
  • #202
  • Apr 19, 2010 10:43am Apr 19, 2010 10:43am
Quoting sirwolf
Thank you Geoff! One last question. Do we apply to the 1HR timeframe? I ask because you mentioned 15M Fractals Thanks again!
Yes, the orders are placed on H1 timeframe.
  • #203
  • Apr 19, 2010 10:45am Apr 19, 2010 10:45am
I came in late and looks like I missed the party. You guys have been busy.
  • #204
  • Apr 19, 2010 10:53am Apr 19, 2010 10:53am
Quoting Bankshot
I came in late and looks like I missed the party. You guys have been busy.
Welcome!
  • #205
  • Apr 19, 2010 10:57am Apr 19, 2010 10:57am
Are you still wanting to go with 2 entries and a quick TP on one or just a single stab and ride it?
  • #206
  • Apr 19, 2010 11:07am Apr 19, 2010 11:07am
Quoting piotrek_FX
Hello guys,
I just backtested this system for 2009 using Dukascopy's historical tick data (99% modeling quality) and results are little worse than expected...

I tested both geoffb's and Steve's EAs with default settings using different start_hour:
- 22:00 (NY close),
- 23:00 (NY close +1),
- 00:00 (NY close +2, Tokyo open),
- 01:00 (NY close +3, Tokyo open +1).

Also, for anyone testing geoffb's EA, please set "Show_Settings" to "false", otherwise this EA takes 3 seconds naps once in a while, which results in unnecessary...
Where did you get these historical tick data ?
  • #207
  • Apr 19, 2010 11:08am Apr 19, 2010 11:08am
Quoting Bankshot
Are you still wanting to go with 2 entries and a quick TP on one or just a single stab and ride it?
Just a single entry on v4.
  • #208
  • Apr 19, 2010 11:19am Apr 19, 2010 11:19am
Just came across your thread and I really like the simplicity, I'd rather not use the EA especially since it's simple to enter the order yourself but I'm going to check out some back tests.
  • #209
  • Apr 19, 2010 11:24am Apr 19, 2010 11:24am
This is my latest test of v4 at 90% every tick downloaded through Alpari.
Attached Image (click to enlarge)
Click to Enlarge Name: NewTest90%.gif Size: 9 KB
  • #210
  • Apr 19, 2010 11:26am Apr 19, 2010 11:26am
Quoting ReaperKK
Just came across your thread and I really like the simplicity, I'd rather not use the EA especially since it's simple to enter the order yourself but I'm going to check out some back tests.
I think this strategy will work well with manual entries!
  • #211
  • Apr 19, 2010 11:29am Apr 19, 2010 11:29am
Quoting atfx
Where did you get these historical tick data ?
What do you make of these results?
I can't match his tick data from any other source!
  • #212
  • Apr 19, 2010 12:04pm Apr 19, 2010 12:04pm
Strange thing is that when I back test using v2, it opens 2 trades as it's suppose to. Today I went live and it only opened 1 trade. Any ideas?

thx
todd
  • #213
  • Apr 19, 2010 12:10pm Apr 19, 2010 12:10pm
Quoting todd960960
Strange thing is that when I back test using v2, it opens 2 trades as it's suppose to. Today I went live and it only opened 1 trade. Any ideas?

thx
todd
That does happen even on my demo accounts and I don't know why because I fire both orders off in quick succession.

The demo accounts on Alpari are based on their Pro ECN system which is much faster than their normal live accounts yet it can still miss the second order.

When I have placed a delay between sending orders it is even worse, it will miss the second order every time.
  • #214
  • Apr 19, 2010 12:37pm Apr 19, 2010 12:37pm
Quoting geoffb65
I think this strategy will work well with manual entries!
Yes! It's perfect. Everything. Manual, EA, small acct. What more is there! Now if only I can get it to trade tonight.
Thank you so much.
s
  • #215
  • Apr 19, 2010 12:48pm Apr 19, 2010 12:48pm
v3 has a better backtrace than v4.

I'm going to fire v3 live now, let's see how this toy is going to perform.
  • #216
  • Apr 19, 2010 12:54pm Apr 19, 2010 12:54pm
I can't get v4 to backtest......strange
  • #217
  • Apr 19, 2010 1:01pm Apr 19, 2010 1:01pm
Quoting Emanuele
v3 has a better backtrace than v4.

I'm going to fire v3 live now, let's see how this toy is going to perform.
Very brave!
  • #218
  • Apr 19, 2010 1:03pm Apr 19, 2010 1:03pm
Quoting sanyhuis
Yes! It's perfect. Everything. Manual, EA, small acct. What more is there! Now if only I can get it to trade tonight.
Thank you so much.
s
Give it a good talking to, no swearing and don't take no for an answer!
  • #219
  • Apr 19, 2010 1:21pm Apr 19, 2010 1:21pm
Quoting piotrek_FX
Hello guys,
I just backtested this system for 2009 using Dukascopy's historical tick data (99% modeling quality) and results are little worse than expected...

I tested both geoffb's and Steve's EAs with default settings using different start_hour:
- 22:00 (NY close),
- 23:00 (NY close +1),
- 00:00 (NY close +2, Tokyo open),
- 01:00 (NY close +3, Tokyo open +1).

Also, for anyone testing geoffb's EA, please set "Show_Settings" to "false", otherwise this EA takes 3 seconds naps once in a while, which results in unnecessary...
Nice one. Thanks.

Fix attached.

Attached File(s)
File Type: mq4 Steve Hopwood's geoffb65 Simple H1 multi-pair.mq4   31 KB | 586 downloads
  • #220
  • Apr 19, 2010 2:16pm Apr 19, 2010 2:16pm
Quoting atfx
Where did you get these historical tick data ?
Here: http://www.dukascopy.com/swiss/engli...ed/historical/
You can read more about how to convert and use this data here: http://eareview.net/tick-data

Quoting geoffb65
What do you make of these results?
I can't match his tick data from any other source!
Well, the fact is that people don't get the same results on LIVE accounts as when they backtest strategy. This is mostly because they are using inaccurate (aggregated) data when backtesting. In my opinion such tests are worthless...

Also, you can't get accurate data from your broker's archive simply by scrolling the chart in MetaTrader. To get some numbers into discussion, FXT file (ticks used by MetaTrader's strategy tester) generated from Dukascopy's data weights about 1GB per year for single timeframe and single currency. How much weights year worth of ticks downloaded through MetaTrader? Few megabytes?

Please, don't get me wrong, I love your strategy, I truly believe that it has potential... But I also believe that Dukascopy's tick data represents behavior that you'll see on the LIVE account.
6 traders viewing now