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Indicators development for T101's not very simple method

  • #2,481
  • Jun 17, 2010 5:07pm Jun 17, 2010 5:07pm
so far no trades.

i keep the comp running over night. hopefully something will happen.

it was close doing a buy. 4 indicators lined up accept the last ( new one )

now it is back to only having 1 indicator at buy which is the trend indicator and the rest are off.
  • #2,482
  • Jun 17, 2010 7:38pm Jun 17, 2010 7:38pm
Dear All
Kos always use samir indicator for trend direction.

can we use too.
http://cdn.forexfactory.com/attachme...1&d=1276722032
  • #2,483
  • Jun 18, 2010 1:40am Jun 18, 2010 1:40am
Hello guys,

I have been running version d on Alpari UK Demo on 15M,

I will download the new version and run another test on 1H and share results with everyone,

El_Dorado
  • #2,484
  • Jun 18, 2010 4:16am Jun 18, 2010 4:16am
goodmorning.

last night it has made 1 trade as you can see at

http://www.mt4i.com/users/elco

the total profit was 52 usa dollars with a lot of 0.07

the trade lasted for about 3 hours.

hopefully soon will get a trade with sells and see how that will go, because sells was something that always killed my trades with this EA.

i wonder how everybody else there trades went. keep em posted
  • #2,485
  • Edited Jun 19, 2010 12:03am Jun 18, 2010 5:48am | Edited Jun 19, 2010 12:03am
Sell basket placed at 11am UK time (FXCM broker). Default settings with PLocker disbaled, using SteveHoopwood's MPTM for profit locking instead. At 11:45 upl +$40. Will report back in a bit.
  • #2,486
  • Jun 18, 2010 6:22am Jun 18, 2010 6:22am
Quoting finimej
when we have this Kos EA works all according to the rules, then we can developing the a-samir part of rule, that is the ranking of the busket pairs.

This picture is made by signature Tallman, but he is not publishing his code yet. we can just simply modify the T101-Dashboard_zz-don, and make it to show this picture on the MT4 for us. you can find the indicator T101-Dashboard_zz-don in the archive of this thread.Once we have this picture, we can develope the ranking for the basket pairs, to developing the a-samire part of rule.

We...
finimej,

Re. image attached by you:

Is this the hourly status of just one basket opened at 0:00 as it progresses through the day?
OR
Are all those different baskets opened every hour?

cheers,
thanks.
  • #2,487
  • Edited 9:27am Jun 18, 2010 8:28am | Edited 9:27am
Well, the latest EA lost money on every demo I put it on last night, including Alpari UK (Kos' broker). So, either the EA did not trade Kos' strategy, or Kos' strategy is losing.

Regards,

Don
  • #2,488
  • Jun 18, 2010 8:42am Jun 18, 2010 8:42am
one night is not sufficient to conclude.

the latest EA requires a breakout on GJ price to enter, but last night till now is a typical ranging period.

Quoting disbellj
Well, the latest EA lost money on eery demo I put it on last night, including Alpari UK (Kos' broker). So, either the EA did not trade Kos' strategy, or Kos' strategy is losing.
  • #2,489
  • Jun 18, 2010 8:49am Jun 18, 2010 8:49am
1 hour ago as you can see it opened up sells.

unfortunate as of this moment it is still in the loss. somehow i believe that me and sells will never be friends.

i always have a first trade winner with buys. but i think only so far 1 winner with sells.
  • #2,490
  • Edited 11:55am Jun 18, 2010 9:32am | Edited 11:55am
charvo and Kos,

I think one night is sufficient to conclude if the strategy is being followed in the EA, and if so, that the strategy is currently losing. I didn't say the strategy was a failure overall. CURRENTLY losing. And what better time and place to test a trending strategy like this than in a ranging market. If the strategy can't withstand this without a lot of losses, then it's a failure. The market ranges more than it trends, correct? (Just like we wouldn't just test an MA strategy in a trending market because we would walk away with the false assumption that it would withstand all market conditions, when we know MAs fail in ranging markets the way most people use them).

A little comment by Kos here about switching between multiple timeframes, a comment by Kos there about looking at pairs in the lineup instead of just Long Strong or Short Strong, GMT differences between brokers, am I missing something or does Kos' simple strategy starting to not look so simple? How long have you traded this strategy Kos? And how is it you don't have any losers posted, say you've only had two losers in the time you've traded this strategy, yet I see more losses than wins? Were the profit-locking numbers different (did you use AcctProtect by Julius? If so, we need to change profit-locking numbers to those and forget the ones Julius posted, since obviously he doesn't use them and you haven't used them when using AcctProtect EA Julius posted).

Regards,

Don


Quoting charvo
one night is not sufficient to conclude.

the latest EA requires a breakout on GJ price to enter, but last night till now is a typical ranging period.
  • #2,491
  • Jun 18, 2010 12:52pm Jun 18, 2010 12:52pm
Hi, I've been catching up on this forum and it's two forums that I have to read before clearly understanding all the EA's and indicators. I originally started reading this 2 years ago, but it wasn't as developed as now and it's very interesting how this system has developed.

I want to throw in my little idea and it's pretty much at the same notion as this system.

I'm working with 8 pairs, and they have a pretty strong correlation among them. Without looking at the chart I simply buy/sell these eight pairs according to their correlated factors.

I sit back for about 2 hours and let it balance out, after awhile when it's positive I would take the profit out.

when it's negative I simply leave it alone, because they have a very high correlation, the draw down is not much.

I figure this, when the market is moving toward one direction the lagging end is unable to catch up, making the difference in price. Sort of gravitate toward one end slightly more. When it's not in profit, i let that run.

Any input?
  • #2,492
  • Jun 18, 2010 1:07pm Jun 18, 2010 1:07pm
Quoting Agent-Pipen
Hi, I've been catching up on this forum and it's two forums that I have to read before clearly understanding all the EA's and indicators. I originally started reading this 2 years ago, but it wasn't as developed as now and it's very interesting how this system has developed.

I want to throw in my little idea and it's pretty much at the same notion as this system.

I'm working with 8 pairs, and they have a pretty strong correlation among them. Without looking at the chart I simply buy/sell these eight pairs according to their correlated factors....
Hi everyone,
I'm new in this system, i'm trying to catch up this thread at the beginning. This system sound very interesting and could generate many pips in few hours.

For Agent-Pipen, this system are using 14pairs, what is your 8 pairs, is it these pairs from what i guest. EURUSD, USDCHF, USDJPY, EURJPY, GBPUSD, GBPJPY, EURGBP, GBPCHF.

Please correct me if anything wrong.
  • #2,493
  • Jun 18, 2010 3:06pm Jun 18, 2010 3:06pm
Quoting disbellj
charvo and Kos,

I think one night is sufficient to conclude if the strategy is being followed in the EA, and if so, that the strategy is currently losing. I didn't say the strategy was a failure overall. CURRENTLY losing. And what better time and place to test a trending strategy like this than in a ranging market. If the strategy can't withstand this without a lot of losses, then it's a failure. The market ranges more than it trends, correct? (Just like we wouldn't just test an MA strategy in a trending market because we would walk away with the...
Hi Don!
what a week to test the EA.
Yes I trade this system week in week out, since 2009 a lot of demo time and then LIVE, and I have no regrets.

I prefer 4HR TF , I treat 1HR TF as the scalping TF. I see profit, I take profit, those who do so never broke. Ranging as the week was I managed +671pips live on 2 small trades, but the EA got profit in demo and threw all away.

@DON

look at the picture of what we tried all the week to squeeze trade out of.
Attached Images
John 3:16 - From THIS love no power on earth can me sever.
  • #2,494
  • Jun 18, 2010 3:23pm Jun 18, 2010 3:23pm
look at this currency meter, the figures have been like that since the start of the week, they just move small and back to tight range again. WEEKLY TREND. Just like SAMIR is trying to show us.

look at our GBP vs JPY they are both 4, that means sideways, our basket pairs, the 14 pairs hedge themselves tightly.

next week would trend well, dont be discouraged, Don.

kos
Attached Image
John 3:16 - From THIS love no power on earth can me sever.
  • #2,495
  • Jun 18, 2010 3:52pm Jun 18, 2010 3:52pm
Or long eurusd, gbpjpy, audusd, nzdjpy, while short eurjpy, gbpusd, audjpy, nzdusd at the same time?

so that this 8 pairs are a balanced basket.

Quoting fxforex
For Agent-Pipen, this system are using 14pairs, what is your 8 pairs, is it these pairs from what i guest. EURUSD, USDCHF, USDJPY, EURJPY, GBPUSD, GBPJPY, EURGBP, GBPCHF.
  • #2,496
  • Jun 18, 2010 3:59pm Jun 18, 2010 3:59pm
Quoting charvo
Or long eurusd, gbpjpy, audusd, nzdjpy, while short eurjpy, gbpusd, audjpy, nzdusd at the same time?

so that this 8 pairs are a balanced basket.
I think lets agent-pipen explain to us is the better way. We can learn from the experienced and shorten the learning process.
  • #2,497
  • Jun 18, 2010 4:09pm Jun 18, 2010 4:09pm
What I know:

- Don, Kosomolate, and many others on this thread want an EA created for Kosomolate's T101-Basket strategy.

- Kosomolate says the strategy is effective and has been trading it for a while now.

- The EA does not work correctly - there are bugs and/or missing functionality in the EA.

What needs to happen:

Detailed rules/criteria for the strategy must be identified. There is no other way to create an EA based up a manually traded strategy - you must have detailed explanation of how the strategy trades.

Until this happens, you all will continue spinning your wheels and wasting your time.

Why is this so hard to understand?
  • #2,498
  • Edited Jun 19, 2010 12:03am Jun 18, 2010 4:10pm | Edited Jun 19, 2010 12:03am
Quoting krunofx
Sell basket placed at 11am UK time (FXCM broker). Default settings with PLocker disbaled, using SteveHoopwood's MPTM for profit locking instead. At 11:45 upl +$40. Will report back in a bit.
10 out of 14 (1HR chart) pairs are still open with the current -ve upl of $277
4 trades closed by MPTM with the profit of $26.39

No trades on 4 hr chart.
  • #2,499
  • Jun 19, 2010 1:51am Jun 19, 2010 1:51am
krunofx.

how is this possible?

i mean i am like -200 pips using latest version. and you are like +200 pips. while we both use sells.

hmm maybe it happened because my sells started around 1 pm UK time.

that would be weird though. why would my sells start 2 hours later compared to yours.
  • #2,500
  • Jun 19, 2010 2:52am Jun 19, 2010 2:52am
Quoting zznbrm
What I know:

- Don, Kosomolate, and many others on this thread want an EA created for Kosomolate's T101-Basket strategy.

- Kosomolate says the strategy is effective and has been trading it for a while now.

- The EA does not work correctly - there are bugs and/or missing functionality in the EA.

What needs to happen:

Detailed rules/criteria for the strategy must be identified. There is no other way to create an EA based up a manually traded strategy - you must have detailed explanation of how the strategy trades.

Until this...
I'll have to agree here. I see on some charts sometimes kos draws trend lines to determine breakouts and/or divergence. you cannot put that in an EA.

I understand what he does. but can you program that? most likely not.
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