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Extreme scalping using neural networks - EA/Manual

  • #461
  • Jun 28, 2010 8:55am Jun 28, 2010 8:55am
here are the results

sami
Attached File(s)
File Type: zip statement 28june2010.zip   138 KB | 583 downloads
  • #462
  • Jun 28, 2010 2:51pm Jun 28, 2010 2:51pm
I have decided to add AUDUSD, USDCAD and GBPUSD.

So far @ 1950 GMT I'm up 29 pips.

Keep us updated SAMI, looking good...

This is definitely something we need to keep stats on to find consistent returns with certain settings.

So far, it looks like there is the scalping version, which looks interesting.
And we have the default settings (time exceptions?).

I am very encouraged by this technology.
  • #463
  • Jun 29, 2010 5:25am Jun 29, 2010 5:25am
hi everyone,

just one quick question, what times are the news hours in US and do we disbale NEXTCLOSE in news hours?, i know we have 24/7 news but i just want to know, how it effects the robot

or is it only breaking news effects the NEXTCLOSE?

thanks

sami
  • #464
  • Jun 29, 2010 5:52am Jun 29, 2010 5:52am
Quoting brucech
crodzilla, Is this what you are using still? NextClose Version 15 IBFX - LIVE account on EURUSDm and USDCHFm 30min. 1800 - 0500 GMT Default settings, except using .01 lots, MM off. Thanks. Bruce
Crodzilla, you answered this by saying that this was the version you were using. Is this the version posted right now in post #1? I think neuro was a little sketchy in his version numbering...
You are in a maze of twisty little passages, all alike.
  • #465
  • Jun 29, 2010 6:32am Jun 29, 2010 6:32am
default values are set to avoid the times of greatest volatility caused by news.

post no. 1 has version 15, even though it says 14, once loaded it says its 15 in the top left

will this thread be moved to the recycle bin because the starter of it was suspended, does anyone know?
  • #466
  • Jun 29, 2010 7:29am Jun 29, 2010 7:29am
i can't backtest this EA?can someone explain it?
  • #467
  • Jun 29, 2010 8:22am Jun 29, 2010 8:22am
Well, now I'm not happy that I added those extra pairs.

There was lots of money moving last night, with no news. CAD selling, and JPY and USD buying moved the market big time.

I stopped out of AUDUSD and USDCAD at -140 pips. I still have a floating loss on GBPUSD.

Hopefully, the EA can make that up this week.
  • #468
  • Jun 29, 2010 8:36am Jun 29, 2010 8:36am
crodzilla, are u saying that putting the extra pairs might effected the performance of this nextclose?

sami
  • #469
  • Jun 29, 2010 9:00am Jun 29, 2010 9:00am
No.

What I am saying is that my timing stinks.

And, using the latest version of the EA which would have closed my trades a lot earlier with smaller losses.

Version 155 fixes the closing of the trades after 0500 GMT, or whatever you select.

I haven't had but a couple of issues with trades staying open past the window. I manually closed trades with small losses. But, the market moved a lot last night, and I didn't get to those trades soon enough.
  • #470
  • Jun 29, 2010 11:28am Jun 29, 2010 11:28am
Nextclose v15 EA only on pair EURUSD H1
This afternoon I decided to use the NextClose v.15 only on the EURUSD,
because the programmer NEURO said in an earlier post that the EA was profitable for this currency pair.

5 digit broker
EURUSD Time Frame: H1 instead of M30
Default settings, so no changes except for:
Stoploss (10 pips), trailing stop (5 pips) and TakeProfit (10 pips) !

Settings for Scalping:
Lots = 1.0
UseMoneyManagement = False
Riskfactor = 0.05
Magic_NUM = Fill in magic number
Stop = 10
Trail = 5
TakeProfit = 10
UseFixTP = True
TrailFractal = False
ContiniuosMode = False
Risk Reducer = 2
Epochs = 500
MinMSE = 0.00000250
TimeFilter = False
SlidingWindow = 16
CloseAfter = 1
BeginHour = 17
EndHour = 5
Threshold = 8
Offset = default
AutoAdjustDigits = True

In case AutoAdjustDigits = False, then multiply Stop, Trail and TakeProfit by 10 for 5 Digit Brokers.

Result:
Trades = 19 (100%)
Winning trades = 16 (84.21%)
Losing trades = 3 (15.79%)
Profit: +397.04 EUR

Remark:
TimeFilter was Off (False)

eTrader,
Attached Image (click to enlarge)
Click to Enlarge Name: ResultNextCloseEurUsd29062010-01.jpg Size: 197 KB
  • #471
  • Jun 29, 2010 12:45pm Jun 29, 2010 12:45pm
Quoting eTrader
Nextclose v15 EA only on pair EURUSD H1
This afternoon I decided to use the NextClose v.15 only on the EURUSD,
because the programmer NEURO said in an earlier post that the EA was profitable for this currency pair.

5 digit broker
EURUSD Time Frame: H1 instead of M30
Default settings, so no changes except for:
Stoploss (10 pips), trailing stop (5 pips) and TakeProfit (10 pips) !

Settings for Scalping:
Lots = 1.0
UseMoneyManagement = False
Riskfactor = 0.05
Magic_NUM = Fill in magic number
[b][color=darkgreen]Stop...
etrader you are correct there, it appears that it does have positive impact on eurusd pair, i have been getting some very good results with this one.

sami
  • #472
  • Jun 29, 2010 12:52pm Jun 29, 2010 12:52pm
What's the point of having time filter 'OFF' if your using beginning and ending hour settings?

thx,
todd
  • #473
  • Jun 29, 2010 1:42pm Jun 29, 2010 1:42pm
Seriously... Reading through the thread, one loss and everyone is in total panic...! Anyone that does not accept that in forex you will win a load and lose a load and then the remaining balance is yours...... is basically kidding themselves.... and thats only if your good enough and with enough experience to know what your doing. Which takes years of hard graft and tears.

I run several robots (always on low risk) and trade manually. You have to keep an eye on robot drawdown, if I see a robot trade at -100 pips, I will look at a chart, draw trend lines , look at S&R, check out higher and lower time frames... etc etc and work out if I should close manually or let it trade out of what looks like drawdown.

So what if you win 300 pips and lose 250 pips...your still up 50 pips, but your average trader would consider that sort of figure a disaster and throw this EA into touch.

Winning, losing and draw downs are part of this business.
  • #474
  • Jun 29, 2010 2:04pm Jun 29, 2010 2:04pm
backtested the V15 and the results are horrific for me.

Anyone doing any of the versions live w/ success?
  • #475
  • Jun 29, 2010 2:09pm Jun 29, 2010 2:09pm
Quoting ab1
Seriously... Reading through the thread, one loss and everyone is in total panic...! Anyone that does not accept that in forex you will win a load and lose a load and then the remaining balance is yours...... is basically kidding themselves.... and thats only if your good enough and with enough experience to know what your doing. Which takes years of hard graft and tears.

I run several robots (always on low risk) and trade manually. You have to keep an eye on robot drawdown, if I see a robot trade at -100 pips, I will look at a chart, draw trend...
Shh! Keep it down, I want them to quit...
  • #476
  • Jun 29, 2010 2:24pm Jun 29, 2010 2:24pm
Quoting brucech
crodzilla, Is this what you are using still? NextClose Version 15 IBFX - LIVE account on EURUSDm and USDCHFm 30min. 1800 - 0500 GMT Default settings, except using .01 lots, MM off. Thanks. Bruce

Crodzilla,

I have set up on IBFX 30 Min.
Are the numbers(GMT) in this screen shot the same as yours?

Thanks.

Bruce
Attached Image
  • #477
  • Jun 29, 2010 2:34pm Jun 29, 2010 2:34pm
Quoting crodzilla
Shh! Keep it down, I want them to quit...
LOL...thats funny...but yes I see your point !
  • #478
  • Jun 29, 2010 5:09pm Jun 29, 2010 5:09pm
So its basically break even after 3 weeks.

Quoting neuro
OK - here the rubber meets the road

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

Running nextclose (all defaults)
GBPUSD H1
EURUSD H1
GBPCHF H1
  • #479
  • Jun 29, 2010 5:21pm Jun 29, 2010 5:21pm
(You need to go to Program FilesFann2MQL and copy the include and libraries folder where appropriate)

what do you mean by where appropriate?.....because i have succeeded to copy the NextClose Version in to my EA in my MT platform but the roobot still don't trade what shall i do?
  • #480
  • Jun 29, 2010 6:05pm Jun 29, 2010 6:05pm
Quoting butwhy
(You need to go to Program FilesFann2MQL and copy the include and libraries folder where appropriate)

what do you mean by where appropriate?.....because i have succeeded to copy the NextClose Version in to my EA in my MT platform but the roobot still don't trade what shall i do?

Read Post #1 and follow those directions.
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