Attachments: Simple H1 GBPUSD EA

Simple H1 GBPUSD EA

#1,361
May 3, 2010 10:36am May 3, 2010 10:36am

geoffb65
Joined Apr 2009 | Status: Trader | 2,035 Posts

Quoting Chantalb

Disliked

Elovv thanks for the guide but I had already done that thus my confusion. Smiley is there but no trades…
Geof I will go through the whole thread again and try figuring it out. I will definitely be asking once I hit a brick wall, thank you for your swift reply and patience.
Chantal

Ignored

No problem!

Short of visiting your house we will do everything we can to get you running!

#1,362
May 3, 2010 11:56am May 3, 2010 11:56am

Taiyakixz
| Joined Nov 2009 | Status: Trader | 325 Posts

Quoting kvellimalai

Disliked

Thanks for the clarification. I do know version 5a has opened some orders last week on demo.

Not sure what can i do if that is the problem. I will configure to run it on demo and see any trades open tomorrow..

Velli

Ignored

Sorry for my previous post, I think it will be fixed by downloading from history center, but I'm not sure....I don't know about it exactly....sorry....

#1,363
May 3, 2010 1:52pm May 3, 2010 1:52pm

yesbee1
| Joined Dec 2009 | Status: Trader | 107 Posts

Hi Geoff,
Thanks for the great EA.

I have one question on the M15 fractal logic. The EA seems to infer that if the most recent fractal is UP then the trend is UP. But if the most recent fractal is an "UP" one doen't that mean that there is a temporary retrace? Are we trying to enter on a dip?

Thank you.

#1,364
May 3, 2010 2:02pm May 3, 2010 2:02pm

geoffb65
Joined Apr 2009 | Status: Trader | 2,035 Posts

Quoting yesbee1

Disliked

Hi Geoff,
Thanks for the great EA.

I have one question on the M15 fractal logic. The EA seems to infer that if the most recent fractal is UP then the trend is UP. But if the most recent fractal is an "UP" one doen't that mean that there is a temporary retrace? Are we trying to enter on a dip?

Thank you.

Ignored

I think this is the logic that you are refering to:

if(TimeOfLastUpFractal_H1 > TimeOfLastDownFractal_H1) trend=1;//up

This says if the time of the up is greater than the time of the last down
so the latest fractal is a down i.e. lower fractal.

If the latest fractal is a low fractal then we are in an up trend.

#1,365
May 3, 2010 2:18pm May 3, 2010 2:18pm

yesbee1
| Joined Dec 2009 | Status: Trader | 107 Posts

Thanks Geoff. I misunderstand the meaning of ">" operator when comparing the datetime values. Thanks.

Quoting geoffb65

Disliked

I think this is the logic that you are refering to:

if(TimeOfLastUpFractal_H1 > TimeOfLastDownFractal_H1) trend=1;//up

This says if the time of the up is greater than the time of the last down
so the latest fractal is a down i.e. lower fractal.

If the latest fractal is a low fractal then we are in an up trend.

Ignored

#1,366
May 3, 2010 2:40pm May 3, 2010 2:40pm

yesbee1
| Joined Dec 2009 | Status: Trader | 107 Posts

Hi Geoff,
Sorry to bother you again.

Per the following document datetime values are represented as seconds elapsed since 01-01-1970.
http://docs.mql4.com/basis/types/datetime

Based on this for us to confirm that the most recent one is a down fractal (for up trend) shouldn't the logic be

LastDownFractalTime_H1 > LastUpFractalTime_H1.

Again thanks for your consideration and time.

#1,367
May 3, 2010 3:47pm May 3, 2010 3:47pm

geoffb65
Joined Apr 2009 | Status: Trader | 2,035 Posts

Quoting yesbee1

Disliked

Hi Geoff,
Sorry to bother you again.

Per the following document datetime values are represented as seconds elapsed since 01-01-1970.
http://docs.mql4.com/basis/types/datetime

Based on this for us to confirm that the most recent one is a down fractal (for up trend) shouldn't the logic be

LastDownFractalTime_H1 > LastUpFractalTime_H1.

Again thanks for your consideration and time.

Ignored

No, that says that the latest down fractal occured before the latest up fractal
so the latest fractal would have been an up fractal and we would be in a down trend.

#1,368
May 3, 2010 4:59pm May 3, 2010 4:59pm

Haishang
| Joined Apr 2010 | Status: Trader | 454 Posts

Quoting Elovv

Disliked

Hi Haishang

Yes I have but only default settings for GBPUSD. The last 12 moths is only wins! But 2008 is bad.
I do my backtest on IBFX demo, because my lyve account is a IBFX miniaccount and i cant download so long history from History Center. Guess its because GBPUSD is GBPUSDm on their miniaccounts.

I can do others if You will compare with Your result.

Best wishes
Elovv

Ignored

hm, that wouldn't explain the trade in the opposite direction. I hoped to get an easy solution for you but if you cannot find a significant difference between demo and live account back test (like I did in the beginning but I found the errors....) I assume I have to pass on being of any help to you. Sorry Elovv......

#1,369
Edited May 4, 2010 8:19am May 3, 2010 5:21pm | Edited May 4, 2010 8:19am

Haishang
| Joined Apr 2010 | Status: Trader | 454 Posts

Had anyone a chance or time to look into this EUR/USD what I posted yesterday. It generated today 2 t/p trades and has a nice testing history.

cheers and don't get frustrated with the gbp

Bars in test 2788
Ticks modelled 2893748
Modelling quality 90.00%
Mismatched charts errors 0
Initial deposit 500.00
Total net profit 1964.60
Gross profit 3004.60
Gross loss -1040.00
Profit factor 2.89
Expected payoff 16.37
Absolute drawdown 11.80
Maximal drawdown 304.00 (11.34%)
Relative drawdown 21.20% (220.40)
Total trades 120
Short positions (won %) 68 (88.24%)
Long positions (won %) 52 (84.62%)
Profit trades (% of total) 104 (86.67%)
Loss trades (% of total) 16 (13.33%)
Largest
profit trade 46.00
loss trade -65.00
Average
profit trade 28.89
loss trade -65.00
Maximum
consecutive wins (profit in money) 40 (1186.00)
consecutive losses (loss in money) 4 (-260.00)
Maximal
consecutive profit (count of wins) 1186.00 (40)
consecutive loss (count of losses) -260.00 (4)
Average
consecutive wins 13
consecutive losses 2

Attached Image (click to enlarge)

Click to Enlarge

Name: Simple H1 EURUSD EAv5A v1.gif
Size: 6 KB

#1,370
May 3, 2010 5:36pm May 3, 2010 5:36pm

sanyhuis
| Joined Jun 2009 | Status: Trader | 510 Posts

Quoting Haishang

Disliked

What do you think about this in EUR/USD? Really would be interested in your opinion SkyzerFX.

Cheers

Bars in test...

Ignored

May I ask, what were your settings for this?
Thank you.

#1,371
May 3, 2010 5:51pm May 3, 2010 5:51pm

SkyzerFX
| Commercial User | Joined Jul 2009 | 5,375 Posts

Quoting Haishang

Disliked

What do you think about this in EUR/USD? Really would be interested in your opinion SkyzerFX.

Cheers

Bars in test...

Ignored

Hmm, interesting observation!! Beleive it or not I check it on EURJPY

EURGBP and results was just horrible..

Thanks... Why not, I'll take a look on it and run some test when

I or PC not so busy..

Good Idea..

But pay attention on this"Maximal drawdown 304.00 (11.34%)
Relative drawdown 21.20% (220.40)"

Do you have a stomach to watch EA eating 12-20% of your entire

account? When I run tests on Cable, I got 2.8-3.5% drawdowns

and that's 10 times less compares to your tests on EURUSD..

I'll give it a try and play with the settings..

Viewer Discretion Advised: Shall we shag now or should we shag later? :-)

#1,372
May 3, 2010 6:11pm May 3, 2010 6:11pm

Taiyakixz
| Joined Nov 2009 | Status: Trader | 325 Posts

trade hour started....
sma(10,1)>sma(10,2)

EA is looking for buy position.
but sma(10,1) and sma(10,2) is very closed...
Some other brokers may have the different direction....?

#1,373
May 3, 2010 6:16pm May 3, 2010 6:16pm

kellera6
| Joined Aug 2009 | Status: Trader | 158 Posts

Quoting Taiyakixz

Disliked

trade hour started....
sma(10,1)>sma(10,2)

EA is looking for buy position.
but sma(10,1) and sma(10,2) is very closed...
Some other brokers may have the different direction....?

Ignored

I use FXCM and mine didn't trigger yet either.

#1,374
May 3, 2010 6:30pm May 3, 2010 6:30pm

Haishang
| Joined Apr 2010 | Status: Trader | 454 Posts

Quoting sanyhuis

Disliked

May I ask, what were your settings for this?
Thank you.

Ignored

Hi Sandra,

very good morning to you from here. Please carefully read Skyzer post re the max drawdown...there is still a lot of work to be done on this one, perhaps as well with the RSI which Geoff mentioned earlier.

settings are the following:

ema 20
s/l 65
GMT 0
GMT offset 0 (so this ea starts 1 hourearlier than the GBPUSD)
t/p1 28
t/p 2 46
trailing s/l 28

hope this somehow does not all evaporate into hell........There must be more juice in the Tokyo start than just the GBP.

all the best

#1,375
May 3, 2010 6:33pm May 3, 2010 6:33pm

Taiyakixz
| Joined Nov 2009 | Status: Trader | 325 Posts

2 Long @ 1.52475
Alpari UK

#1,376
May 3, 2010 6:40pm May 3, 2010 6:40pm

Haishang
| Joined Apr 2010 | Status: Trader | 454 Posts

Good morning SkyzerFX (or for you good evening),

first of all let me thank you for your interest you take into this which I highly appreciate. Geoff knows about my experimenting but I bombard him with other things too, which I want to mention quickly here too.

1) the max drawdown which you mentioned is not easy to bring down (I attach a test for GBPUSD with the original settings from Geoff and the drawdown is above 40% too). Please see my settings in the previous post I sent to Sandra.

2) Original idea from me (coming from the fx options market) was to implement some implied fx vols indicator. Therefor I want to post regularly the implied vol matrix for GBPUSD 1wk to 1yr for 10del puts, 25del puts, ATMF, 25delcalls, 10del calls, with the changes from one day to another to find a trend in how they trade.......what you think of this?

attached I just copy the test for GBPUSD with original setup since yearstart for comparison to the EURUSD which as well is from year start.....

Bars in test 2788
Ticks modelled 3518133
Modelling quality 90.00%
Mismatched charts errors 0
Initial deposit 500.00
Total net profit 1218.25
Gross profit 2058.25
Gross loss -840.00
Profit factor 2.45
Expected payoff 12.43
Absolute drawdown 126.80
Maximal drawdown 502.20 (43.23%)
Relative drawdown 43.23% (502.20)
Total trades 98
Short positions (won %) 44 (100.00%)
Long positions (won %) 54 (88.89%)
Profit trades (% of total) 92 (93.88%)
Loss trades (% of total) 6 (6.12%)
Largest
profit trade 49.00
loss trade -140.00
Average
profit trade 22.37
loss trade -140.00
Maximum
consecutive wins (profit in money) 36 (866.03)
consecutive losses (loss in money) 2 (-280.00)
Maximal
consecutive profit (count of wins) 866.03 (36)
consecutive loss (count of losses) -280.00 (2)
Average
consecutive wins 23
consecutive losses 2

#1,377
May 3, 2010 6:42pm May 3, 2010 6:42pm