Hello Steve,
No worries. You are truly a giver. I was just passing on the information.
Regards,
Jeff
No worries. You are truly a giver. I was just passing on the information.
Regards,
Jeff
- #342
- Edited 8:07pm Apr 21, 2010 7:47pm | Edited 8:07pm
Would it be more beneficial to adjust our box times 1 hour earlier?
*The default times from post #1 are based off of GMT +0 which would translate to 03:00 to 06:00 and 02:00 to 05:00, respectively.
I will leave it open for discussion.
But it doesnt mean that the pattern will be the same in the future.
For me it's not really important where the London Open in my chart. I am a trader and I care more about making profit and securing my investment. So I fire my trade whenever there's a good chance to make profits with less risk. I guess we all do.
The fact that the movement pattern is a bit amplified after the London Open is all we need. We do not need to be precise when, because the movement will stay strong about 4-6 hours in front.
I adjust my box differently for every pair. I trade live with 9 pair to see how it works. I just put the pattern into profitable area in past few days and fire my trade manually. I know Mer will hate me when I suggesting to use another indicator. Well, I am not. But for me, it really helps me to find where to fire my trade and securing me from lost trade if I use trend channel indicator. It works like wonder for me.
So whenever I have a big Box... I adjust it back and forth around London Open times. When I see my TP is more achieveable I fire it off.... Its as simple as as that. Hits about 90% of time.
As for the robot, well Steve is so Genius, he prevent us from dealing with big box. But if I do get the big box too often, it means a change in the daily pattern movement is going on. Then I just adjust it back and forth to make it more profitable. Again Steve is so genius so he let me choose to start to trade whenever I want to in local time. So I think there's no problem.
Well, I just giving my opinion not suggesting anything here. This is just how the indicator work best for me. That's all.
Keep up the good work guys....
- #349
- Edited Apr 22, 2010 6:51pm Apr 21, 2010 10:42pm | Edited Apr 22, 2010 6:51pm
- Joined Jan 2007 | Status: Trader | 1,626 Posts
- #350
- Edited 11:21pm Apr 21, 2010 10:46pm | Edited 11:21pm
- Joined Jan 2007 | Status: Trader | 1,626 Posts
- #351
- Edited 11:21pm Apr 21, 2010 10:57pm | Edited 11:21pm
- Joined Jan 2007 | Status: Trader | 1,626 Posts
- #352
- Edited 11:21pm Apr 21, 2010 11:08pm | Edited 11:21pm
- Joined Jan 2007 | Status: Trader | 1,626 Posts
- #353
- Edited Apr 22, 2010 12:49am Apr 21, 2010 11:14pm | Edited Apr 22, 2010 12:49am
- Joined Jan 2007 | Status: Trader | 1,626 Posts
- #354
- Apr 21, 2010 11:46pm Apr 21, 2010 11:46pm
- | Joined Apr 2008 | Status: Trader | 1,114 Posts
Mer, just to give you some rough feedback about your 1 hour earlier change
I used Sangmane's ea (which has the box entries perfectly in line with your trades, however the reentries are slightly different, I explained in an earlier post) to backtest the hour change for you on just GU for a 1 year period
It also uses your martingale method
10k starting balance
Original hours: profit +$2440
Adjusted hours: loss -$4870
Obviously, this is only 1 pair over 1 year, but not nice even so
Just thought i'd give some feedback
I used Sangmane's ea (which has the box entries perfectly in line with your trades, however the reentries are slightly different, I explained in an earlier post) to backtest the hour change for you on just GU for a 1 year period
It also uses your martingale method
10k starting balance
Original hours: profit +$2440
Adjusted hours: loss -$4870
Obviously, this is only 1 pair over 1 year, but not nice even so
Just thought i'd give some feedback
- #355
- Apr 22, 2010 12:08am Apr 22, 2010 12:08am
Mer, just to give you some rough feedback about your 1 hour earlier change
I used Sangmane's ea (which has the box entries perfectly in line with your trades, however the reentries are slightly different, I explained in an earlier post) to backtest the hour change for you on just GU for a 1 year period
It also uses your martingale method
10k starting balance
Original hours: profit +$2440
Adjusted hours: loss -$4870
Obviously, this is only 1 pair over 1 year, but not nice even so
Just thought i'd give some feedback
Okay, here is my understanding of things. London open is normally 8:00 UK time (2:00 am EST for me) and the Frankfurt open is 1 hour earlier at 7:00 am UK. This would normally be GMT +0, but we are in British Daylight Savings time until Oct. 31, 2010, which now makes the London open and Frankfurt open now GMT +1.
April 2009 until Oct 31 2009 should show a different win percent the Oct 31 2009 until now...IF the hour time frame matters....
If I could I would test those dates separate with the 4 - 7 and the 3-6..
Just a thought
- #360
- Edited 5:12am Apr 22, 2010 4:09am | Edited 5:12am
- | Commercial User | Joined Apr 2007 | 8,331 Posts
Problem is here:
Change PRICE_HIGH / PRICE_LOW to MODE_HIGH / MODE_LOW will fix it. Longer description of this problem I sent you in my last PM two days ago.Inserted Code//Calculate the high and low bhighest = iHigh(symbol, PERIOD_M15, iHighest(symbol, PERIOD_M15, [color=Red]PRICE_HIGH[/color], StartShift - EndShift, EndShift)); blowest = iLow(symbol, PERIOD_M15, iLowest(symbol, PERIOD_M15, [color=Red]PRICE_LOW[/color], StartShift - EndShift, EndShift));
Thank you.
Inserted Code
//Calculate the high and low bhighest = iHigh(symbol, PERIOD_M15, iHighest(symbol, PERIOD_M15, MODE_HIGH, (StartShift - EndShift [color=Red]+ 1[/color]), EndShift)); blowest = iLow(symbol, PERIOD_M15, iLowest(symbol, PERIOD_M15, MODE_LOW, (StartShift - EndShift [color=Red]+ 1[/color]), EndShift));
This has made to figures even more accurate - not always absolutely correct but much nearer.
I might try a NormalizeDouble to see if that works.
If any of you compile this code, ignore the 'warning' about the int LossesCount(). I copied it into the code but have done nothing to implement it yet.