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Simple H1 GBPUSD EA

  • #4,601
  • Jun 11, 2010 3:56pm Jun 11, 2010 3:56pm
good night ppl!

have a nice week-end & fun!

many thanks to geoff for share&support!
god bless...


see you sunday night!
cheers!
... feel better day by day.
  • #4,602
  • Jun 11, 2010 4:59pm Jun 11, 2010 4:59pm
Quoting Mandl2007
Today only one trade - one broker Alpari UK (demo) - TOKYO, 2 order setfile

So here are the trading results from 7 june - to 11 june:
(the brokers and their GMT offsets are posted in #4389)
Thank you, very good info. it seems one can just open multiple broker accounts to earn more pips. Are these results consistent week to week, that some brokers work some days?
  • #4,603
  • Jun 11, 2010 11:30pm Jun 11, 2010 11:30pm
Quoting Paulus
yea do me a favour Im bending over ...give me a kick up the back side

may be worth saying on front page

P

Similar thing happened to me on Alpari uk live on Friday.

I had v7a and v8 running. v8 took the t/p1 at 22 pips and v7a tried to fire the t/p1 for itself but found that due to congestion from v8 it was impossible to t/p.

It tried for 3 seconds before gbpusd went down again and the trailing s/l was initiated by both v7a and v8. The first long position from v7a was still there and both second longs from v7a and v8 got triggered on the trailing s/l. The first long position from v7a which could not get it's t/p1 I manually had to close.

In my view this trade context busy error cannot be 100% excluded unless there is only one ea running per one account. Am I correct?
  • #4,604
  • Jun 12, 2010 3:47am Jun 12, 2010 3:47am
Quoting Haishang
Similar thing happened to me on Alpari uk live on Friday.

I had v7a and v8 running. v8 took the t/p1 at 22 pips and v7a tried to fire the t/p1 for itself but found that due to congestion from v8 it was impossible to t/p.

It tried for 3 seconds before gbpusd went down again and the trailing s/l was initiated by both v7a and v8. The first long position from v7a was still there and both second longs from v7a and v8 got triggered on the trailing s/l. The first long position from v7a which could not get it's t/p1 I manually had to close.

In my view...
Maybe you should change brokers. Go for it and tell us how they do.
Or maybe you should all get together and form your own brokerage. Others have done it.
  • #4,605
  • Jun 12, 2010 3:50am Jun 12, 2010 3:50am
Quoting Paulus
yea do me a favour Im bending over ...give me a kick up the back side
You want me to post this on the front page?

I will add something to the front page about Micro***t updates!

Apologies to everyone for not attending to the thread this week I have had
so many other things to do and I will be absent for a couple of weeks more!
  • #4,606
  • Edited Jun 13, 2010 12:48am Jun 12, 2010 11:34am | Edited Jun 13, 2010 12:48am
DISCLAIMER: These results are achievable PURELY due to market results favoring this EA over the tested period 2009.01.02 - 2010.06.11. When I tried from Jan 2008 and backwards the account was BLOWN every time because losses could not be recovered quickly enough.

Hell gents. Firstly a thank you to geoffb65 for this awesome EA.

I have been playing with some settings to optimize this EA and thought I would share. The settings where obtained from past 6 months of data but the attached results are from Jan 2009.

Total net profit $8492.61 starting from $1000.00 account.
Short positions (won %) - 171 (89.47%)
Long positions (won %) - 237 (86.92%)
Drawdown was about 20% or $1600.00.

My 3 Trade Setup:

TakeProfit1=20;
TakeProfit2=93; <-- Same as position 3 however,
TakeProfit3=93; <-- iTrailingStopOffset_Pos3 moves position 3 TSL to 56.
StopLoss=190;
useTrailing=true;
iTrailingStop=60;
iTrailingStopOffset_Pos3=-4;
Manual_Lot_Size=true;
Lotsize=0.1;
GMToffset=3; <-- Correct FXDD GMT offset
Start_Time=23;

No MM.

Test report and set file attached. Forward test starts from Monday.

Regards,
John
Attached File(s)
File Type: zip TOKYO_H1GBPUSD_Optimized.zip   49 KB | 468 downloads
  • #4,607
  • Jun 12, 2010 2:57pm Jun 12, 2010 2:57pm
Nice work John, thanks

Quick question though, did you run the backtest during the weekend when the spread would have been much higher than normal or did you run it during market hours?

TIA
  • #4,608
  • Jun 12, 2010 6:59pm Jun 12, 2010 6:59pm
Quoting dambuster
Nice work John, thanks

Quick question though, did you run the backtest during the weekend when the spread would have been much higher than normal or did you run it during market hours?

TIA
you can avoid this problem with this FREE software.

click on "Spread Controller" and if you click on the "contact us" link in the yellow band and ask they will send a download link.

It is FREE .

http://www.mt4i.com/DeveloperTools.aspx

takes 2 minutes for initial set up, pdf with instructions provided.
  • #4,609
  • Jun 12, 2010 7:43pm Jun 12, 2010 7:43pm
Thanks gents, this backtest uses FXDD's weekday spread of 4 pips.

Regards,
John
  • #4,610
  • Edited 6:59am Jun 13, 2010 6:35am | Edited 6:59am
Quoting jondgls
StopLoss=190;

No MM.

Test report and set file attached. Forward test starts from Monday.

Regards,
John
Maybe we should set Stop Loss to 1000 and forget it?

I mean, common.. We trying minimize downside risk not maximize it..

Besides with default settings EA performing much better than with yours,

why bother? Bro, you have 49 losses.

But I tempt to agree about before 2008.. Totally different. EA losing.. Maybe anyone could look

into why? and change few parameters here and there? Just for testing.. What exactly has been changed?

Basically we are never know when we start running into losses. After couple of loses I don't think anyone

will be brave enough to keep running this on Live accounts.. I already testing something, will let you know.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #4,611
  • Jun 13, 2010 7:42am Jun 13, 2010 7:42am
Quoting sashasan
hi guys,

here is a manual setup of Geoff's great ea made as a separate indi after requests of some members here, shows both emas' and fractals. no need to setup a start hour, will calculate values from a current hour.

hope it will work. any improvements and bugs detected are welcome
hi Sashan,
How can use the indi effectively. I have attached the Indi to the 1H chart and. some times it shows as "Entry Point expected". But how do we know whether to short or long?


Regards
Velli
  • #4,612
  • Jun 13, 2010 8:09am Jun 13, 2010 8:09am
Tokyo3 2005-2007 with diff settings. I know it's not perfect,

but still profitable, the problem is you never know ahead what settings

needs to be changed.. And looks like there is no ultimate setting for every period..

and for 2003-2004 those settings doesn't not work, now checking what they are for that period
Attached Image (click to enlarge)
Click to Enlarge Name: Tokyo_2005_2007.gif Size: 6 KB
Attached File(s)
File Type: zip Tokyo_2005_2007.zip   76 KB | 320 downloads
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #4,613
  • Jun 13, 2010 9:21am Jun 13, 2010 9:21am
Gee, where to start:

Quoting SkyzerFX
We trying minimize downside risk not maximize it..
While I agree I am also interested in maximizing profits. The default settings use a stop loss of 140 which is only marginally less than mine (190) but you'll notice the risk/reward ratio is about the same. That is why the TP's have been increased. If you are setting SL's with the fear of losing money you are essentially ignoring reality, which is that markets move up and down regardless of what "general" direction they are heading. Setting SL's and TSL's too tight and too close to the price can cause trades to stop out, close prematurely and then valuable pips are lost. Risking a little more, especially when it comes to stop losses, can sometimes achieve much greater results, which is a nice lead into your next comment...

Quoting SkyzerFX
Besides with default settings EA performing much better than with yours
I beg to differ. Over the same time period as my original test (2009.01.02 - 2010.06.11) the default settings BUSTED my $1000.00 starting balance in 24 trades and BARELY made it out of Jan 2009. In my original post, where i referred to back tests failing prior to 2009, I was referring to my optimized settings, not the defaults.

Quoting SkyzerFX
why bother? Bro, you have 49 losses.
Why Bother? I guess I just prefer seeing results like $8492.61 NET profit rather than the -$784.00 NET LOSS that you recommend from the "better performing" defaults. I have attached the default settings test results for you to browse. Enjoy!

Regards,
John
Attached File(s)
File Type: zip TOKYO_H1GBPUSD_Default.zip   10 KB | 402 downloads
  • #4,614
  • Jun 13, 2010 9:59am Jun 13, 2010 9:59am
It certainly seems like this is one that will benefit from periodic walk forward optimization, maybe a six-month rolling window optimized weekly or monthly. Of course, as SkyzerFX said, you don't know ahead of time what parameters needed to be changed, but at least you would have a set that is trained for current conditions.
  • #4,615
  • Edited 11:49am Jun 13, 2010 11:16am | Edited 11:49am
Quoting jondgls
I beg to differ. Over the same time period as my original test (2009.01.02 - 2010.06.11) the default settings BUSTED my $1000.00 starting balance in 24 trades and BARELY made it out of Jan 2009. In my original post, where i referred to back tests failing prior to 2009, I was referring to my optimized settings, not the defaults.
Not sure What you bag to differ.. I have only few loses for the same period..

So you can use your 190 stop loss with 42 losses, if you like..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #4,616
  • Jun 13, 2010 12:00pm Jun 13, 2010 12:00pm
Hi SKY. Just returned from a week in Las Vegas and trying to catch up on this thread. What version of the EA are you using on your live account?
  • #4,617
  • Edited 3:38pm Jun 13, 2010 2:35pm | Edited 3:38pm
Quoting gerry berard
Hi SKY. Just returned from a week in Las Vegas and trying to catch up on this thread. What version of the EA are you using on your live account?
So far Tokyo3(order) but I'm tasting whole day v9/v8.. with all Optimized

settings, taking some time, but I'd probably will go back to 2 orders version.

Maybe even to v8 or v9 just want to see how it goes in backtesting..

The most horrible thing what could happens if Market condition changes..

So far as I've seen.. It works for about 2 years period.. since it's starts from

2009, hopefully we'll have 2010 included for settings we are running now..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #4,618
  • Edited 3:09pm Jun 13, 2010 2:58pm | Edited 3:09pm
jongdls I am confused! http://cdn.forexfactory.com/images/s...m/confused.gif

What is your reason for posting this strategy report, it bears no relationship
to the results I and others have obtained using other brokers?

I am not going to argue with you about GMT offset but the results that you
show would be possible with the wrong GMT offset, one thing you can be
sure of, no one would be using this EA if your results were accurate!

If, using your broker, you cannot get the same results, what is the point in
posting them on this thread, is it your intention to make all the work that
has been done in over 4000 posts look like the work of idiots? http://cdn.forexfactory.com/images/s...im/worried.gif

Do you think that the default settings were plucked out of thin air, have you
even seen any of the strategy reports generated from these defaults?

While you are playing with results from pre-2009 other members have been
making real profits in 2010.

I don't care that it didn't work before 2009, I am only interested in the fact
that it works now and with regular re-optimising I am hopeful that we can
keep it working for a long time to come!
  • #4,619
  • Jun 13, 2010 3:07pm Jun 13, 2010 3:07pm
I'm thinking maybe jondgls didn't realize how off-track his recent posts are. Maybe you could add to Post #1, "Posts deemed irrelevant and/or misleading by the thread originator will be deleted at his discretion." Or something...
  • #4,620
  • Jun 13, 2010 3:51pm Jun 13, 2010 3:51pm
Quoting mary4x
I'm thinking maybe jondgls didn't realize how off-track his recent posts are. Maybe you could add to Post #1, "Posts deemed irrelevant and/or misleading by the thread originator will be deleted at his discretion." Or something...
Thanks Mary, I have added it to post #1
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