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Simple H1 GBPUSD EA

  • #1,461
  • May 4, 2010 6:28am May 4, 2010 6:28am
Quoting Taiyakixz
With Alpari UK,
sma(10,1) = 1.52448
sma(10,2) = 1.52444
sma(10,1)>sma(10,2)

So EA took Long....I don't know about the other brokers....

EA (6.0) took 2 shorts last night both WIN this time

28+10= 38 pips. Since it's winning I don't see any reasons to change versions

in my testings
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #1,462
  • May 4, 2010 6:28am May 4, 2010 6:28am
Hi Geoff and everyone,

i have been following this thread from quite some time.

i decided yesterday to put it working on demo. loaded the EA (V5a) (that i backtested quite a bit with success) onto the GU chart and enable live trading. left it running during the night and it didn't pick up any trades. i now realized that i didn't have dll import enabled. could this be the reason why it didn't trade?

i have other EA running on different charts. shouldn't be a problem, right?

on other thing i would appreciate the group's help: sometimes when i try to download a file (i am trying to download V6) the downloaded file appears as attachment(X).php and it doesn't download. usually i try again the next day and everything is ok but this time i have been trying for a couple of days with no success. can anyone help here?

thanks everyone and green pips to u all!
dreams do come true.
  • #1,463
  • May 4, 2010 6:28am May 4, 2010 6:28am
Quoting geoffb65
Yes, you always have to wait for the 3rd bar for a fractal to lock!
2 fractals in a row in same direction! I didnt know this whas possible.

If SMA is down EA starttime and both fractals are down do we wait for new fractals or are fractals before starttime valued (before gmt11 with my test)
  • #1,464
  • May 4, 2010 6:40am May 4, 2010 6:40am

Hello Geoffb65!

Last week (27.4.-30.4) I let run your EA v5a on IBFX live micro with default settings and it earns 2.07 USD (yes default means that my open candle were 1 GMT - 2 hours after Tokyo open. I only changed lots from 0.1 to 0.01).

Today it took Long ( at 1:05 @1.5258) so we will see where the price goes..

Thank You for sharing this great system and do not complicate it.
But you know well what youre doing...

Good luck!

C.

  • #1,465
  • May 4, 2010 6:48am May 4, 2010 6:48am
Quoting cgldsmth
ensuring the EA only trades if the 200SMA is in agreement would be a "simple" way to reduce the losers
I would think that checking the 200 ma as well as the 10 SMA would cut out a high %age of trades. However using 2 MA's of different periods is a good trend identifier. Maybe using 10sma & 25sma/ema might be worth a try. Many use Fast EMA over Slow EMA = long and the reverse for shorts. This method seems to be more popular/reliable? than just the slope of a single MA although I've never seen an explaination or justification for this.

so in pseudo code :

Trend=Flat;
if ( ADX > x ) // if ADX is very low too risky
{
if ( FastMA > SlowMA ) Trend= Up;
if ( FastMA < SlowMA ) Trend=Down
}
  • #1,466
  • May 4, 2010 6:51am May 4, 2010 6:51am
Quoting cgldsmth
yes.

on the other hand you have shown this system is already profitable without tinkering with it.
Oh boy!

I have tried so many filters and fixes all to no avail but thank you cgldsmth for suggesting a 200SMA test!

With this modification, last nights trade was not taken and a number of other trades have been rejected but the number of losing trades is drastically reduced!

I will also check it out on forex.com permanent GMT brokers.

Here is my 12 month chart using Alpari and full report attached!
Attached Image (click to enlarge)
Click to Enlarge Name: Simple+200SMA.gif Size: 8 KB
Attached File(s)
File Type: zip Simple+200sma.zip   36 KB | 299 downloads
  • #1,467
  • May 4, 2010 6:54am May 4, 2010 6:54am
Quoting SkyzerFX
EA (6.0) took 2 shorts last night both WIN this time

28+10= 38 pips. Since it's winning I don't see any reasons to change versions

in my testings
congrats.....my order is now -75pips
What do you mean 'change versions'.....?
  • #1,468
  • May 4, 2010 7:02am May 4, 2010 7:02am
Quoting geoffb65
Oh boy!

I have tried so many filters and fixes all to no avail but thank you cgldsmth for suggesting a 200SMA test!

With this modification, last nights trade was not taken and a number of other trades have been rejected but the number of losing trades is drastically reduced!

I will also check it out on forex.com permanent GMT brokers.

Here is my 12 month chart using Alpari and full report attached!
Fantastic!

Maybee we this we can do better backtest other years.

Elovv
  • #1,469
  • May 4, 2010 7:08am May 4, 2010 7:08am
Fractals point different ways under that hour!

Do a new test GMT 13.

I will really know if IBFX trade before reall trade tonight.

But have to know if fractals before tradingtime (gmt13 next test) is guilty or we have to wait for new fractals.

Elovv
  • #1,470
  • May 4, 2010 7:11am May 4, 2010 7:11am
Quoting Elovv
Fantastic!

Maybee we this we can do better backtest other years.

Elovv
I had the SL set to 100 on that last chart, here it is with 140 default!

I am just running a test using only 200 SMA to see the difference and I think we may be able to have another try with the optimising tool on this!
Attached Image (click to enlarge)
Click to Enlarge Name: Simple200sma.gif Size: 9 KB
  • #1,471
  • May 4, 2010 7:12am May 4, 2010 7:12am
Good Morning Geoff

Its 12.07 wednesday....morning just.....

Yes you are correct, a manual trader of more years than I wish to remember, my hair had colour when I started.

Sadly Iam not a programmer and I take my hat off to your talent and the skill of people like yourself...

Thankyou for your kind words , I dont spend a lot of time in forums and for that matter trading forex and that why Iam intrested in your EA, but Iam more then happy to try and help if I can..
  • #1,472
  • May 4, 2010 7:17am May 4, 2010 7:17am
Quoting geoffb65
I had the SL set to 100 on that last chart, here it is with 140 default!

I am just running a test using only 200 SMA to see the difference and I think we may be able to have another try with the optimising tool on this!
Just one loosing trade for one year!!!

You are a star!

Elovv
  • #1,473
  • May 4, 2010 7:18am May 4, 2010 7:18am
Quoting geoffb65
I had the SL set to 100 on that last chart, here it is with 140 default!

I am just running a test using only 200 SMA to see the difference and I think we may be able to have another try with the optimising tool on this!
This is awesome!!!!!
  • #1,474
  • May 4, 2010 7:19am May 4, 2010 7:19am
great results!

the only reason i haven't put some real money on this EA is the past years results. maybe the last filter will show different results for past years. looking forward to see them.

anything i can do to help the new optimization just tell me.

hapipipin to u all.
dreams do come true.
  • #1,475
  • May 4, 2010 7:19am May 4, 2010 7:19am
Quoting calstock
Good Morning Geoff

Its 12.07 wednesday....morning just.....

Yes you are correct, a manual trader of more years than I wish to remember, my hair had colour when I started.

Sadly Iam not a programmer and I take my hat off to your talent and the skill of people like yourself...

Thankyou for your kind words , I dont spend a lot of time in forums and for that matter trading forex and that why Iam intrested in your EA, but Iam more then happy to try and help if I can..
Thank you....

We need all the help we can get, believe me!
  • #1,476
  • May 4, 2010 7:21am May 4, 2010 7:21am
Quoting Elovv
Just one loosing trade for one year!!!

You are a star!

Elovv
Just doing a test run on forex.com permanent GMT broker!

If this looks good I can do some fresh optimising!
  • #1,477
  • May 4, 2010 7:28am May 4, 2010 7:28am
Meh, the two longs keep getting bigger losses. I'm thinking to hedge them.
  • #1,478
  • May 4, 2010 7:30am May 4, 2010 7:30am
Quoting geoffb65
I had the SL set to 100 on that last chart, here it is with 140 default!

I am just running a test using only 200 SMA to see the difference and I think we may be able to have another try with the optimising tool on this!

You can't get much better than that Geoff. Looks great
  • #1,479
  • May 4, 2010 8:21am May 4, 2010 8:21am
Quoting Haishang
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/usd

Bars in test...
.....
  • #1,480
  • May 4, 2010 8:58am May 4, 2010 8:58am
Quoting Haishang
.....
From what i know from, EURUSD is the most traded pair in the currency market. That's why a lot of professionals only trade EURUSD. All other XXXUSD or USDXXX pairs tend to move in (or sync with) the direction of EURUSD. Therefore, i do see encouraging facts in using this EA in EURUSD. Furthermore, when this pair trends (same in EURJPY), you can expect no sudden hiccups like you will see in GBPUSD or GBPJPY.

Cheers to your findings.

福 子 Victor V
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