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Attachments: EMA/RSI Trend Spotter system
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EMA/RSI Trend Spotter system

  • #101
  • Jun 30, 2010 2:45pm Jun 30, 2010 2:45pm
Quoting TallCoolOne
Guys,

Also this EA is a departure from the original strategy I believe, but it seems to be profitable in back testing. I can start my own thread if you feel this EA is no long relevant to this thread. Please let me know what you think. Thanks!

Eric
Where did you get these periods from:
FasterEMA=250
SlowerEMA=170
RSIPeriod=125
  • #102
  • Jun 30, 2010 2:48pm Jun 30, 2010 2:48pm
Quoting Indrek
Where did you get these periods from:
FasterEMA=250
SlowerEMA=170
RSIPeriod=125
I know those are wierd. I used optimizer to establish those first based on my program logic. It seems to allow the program to catch reversals and bottoms better.
  • #103
  • Jun 30, 2010 2:50pm Jun 30, 2010 2:50pm
Quoting TallCoolOne
I know those are wierd. I used optimizer to establish those first based on my program logic. It seems to allow the program to catch reversals and bottoms better.
How many trades are there with these settings in a century

What if we divide all these figures with 10, for example? EMA 17, EMA 25, RSI 13?
  • #104
  • Jun 30, 2010 2:58pm Jun 30, 2010 2:58pm
Quoting Indrek
How many trades are there with these settings in a century

What if we divide all these figures with 10, for example? EMA 17, EMA 25, RSI 13?

Well for the backtest there was over 120 trades. More trades isn't always a better thing. You can try any combination you wish. Please post your results. It would interesting to see how this evolves. Also if you change my program. Please post it with a version number or with your name. Thanks!
  • #105
  • Jun 30, 2010 3:18pm Jun 30, 2010 3:18pm
I find some signals appears at a top of price ...

Possibilities to filter this signals ?
Attached Image (click to enlarge)
Click to Enlarge Name: ema-rsi.gif Size: 46 KB
  • #106
  • Jun 30, 2010 4:05pm Jun 30, 2010 4:05pm
Quoting TallCoolOne
Hi Guys,

Here is the latest EA. I renamed it Mary - after my wife. I added a BE and Jumpstop. I'm also attaching a backtest on GU for 1/1/2009 to present, along with the preset file and template I used for this test. If you watch it in strategy tester, the EA acts differently then you think based on the FastEMA being larger than the SlowEMA, but it works. My demo account is with Alpari US , so your results may be different than mine. Please let me know how your testing goes.

Thanks - Eric
I tested it myself, all be it on a different broker, but the results werent the same. It won alot, but the large SL gave all the profits back any time that it lost. The EA itself looks good, but I don't care how good an EA or system is, if it requires a massive SL, Im afraid to use it. Any settings that have been profitable with a SL under 50?
  • #107
  • Jun 30, 2010 4:06pm Jun 30, 2010 4:06pm
Quoting Indrek
Most systems are good in trending markets and MA crossovers work ONLY in trending markets.
Why not to use higher timeframe confirmation for the trades? It is my favourite technique whatever system I trade.
And instead of usual RSI I suggest the QQE indy posted by pgpb lately in one of the threads. I attach it here. My settings are RSI Period 8, SF 5, WP 3. Do not ask what SF or WP means, I just played with the settings and it works well with these numbers.
Isnt that a forex rebellion Indicator?
  • #108
  • Jun 30, 2010 4:31pm Jun 30, 2010 4:31pm
There are many more signals (thus more whipsaws) with QQE than with sidus_v3.

Quoting Indrek
Most systems are good in trending markets and MA crossovers work ONLY in trending markets.
Why not to use higher timeframe confirmation for the trades? It is my favourite technique whatever system I trade.
And instead of usual RSI I suggest the QQE indy posted by pgpb lately in one of the threads. I attach it here. My settings are RSI Period 8, SF 5, WP 3. Do not ask what SF or WP means, I just played with the settings and it works well with these numbers.
  • #109
  • Jun 30, 2010 4:41pm Jun 30, 2010 4:41pm
Ditto for xpMA.

Quoting Indrek
Here is the best MA indicator that I have ever seen. Period 8 is my favourite for any timeframe. And MA mode 6 (means T3 MA).
  • #110
  • Jun 30, 2010 5:06pm Jun 30, 2010 5:06pm
The ultimate "filter" is to use a higher timeframe.

Quoting Alex38
I find some signals appears at a top of price ...

Possibilities to filter this signals ?
  • #111
  • Jun 30, 2010 8:05pm Jun 30, 2010 8:05pm
Your absolutely right... I accidentally added to the confusion! Its 5/12 EMA with 21 RSI confirm. Talk about irony. Sorry!!!

Quoting techfan1128
BTW, this is not a triple cross of ema's, it is a cross of 2 emas with confirmation from RSI
  • #112
  • Jul 1, 2010 1:28am Jul 1, 2010 1:28am
Quoting eagle4x
There are many more signals (thus more whipsaws) with QQE than with sidus_v3.
I did not mean that QQE should give entry signals! It is for confirmation purpose only, while sidus or whatever other indicator goes for entries.
I prefer to trade the slope (colour) change of xpMA or nonlagMA and never use any MA cross. To my mind MA crosses are good only for learning, it is the ideal stuff for a newbie to understand how market moves. But that's it.
  • #113
  • Jul 1, 2010 12:25pm Jul 1, 2010 12:25pm
Quoting Indrek
To my mind MA crosses are good only for learning, it is the ideal stuff for a newbie to understand how market moves. But that's it.
I dIsagree. As stated many times before, a system is more about the trader than the system itself. EMA crossovers can catch huge moves, and if as a trader you learn how the filter out good opportunities from bad ones, you can have a very profitable MA crossover system. What that being said, I do like a good nolagMA. The problem is that in priciple NoLagMa indies are essentially base on moving average theories, therefore if you do not rust an MA cross, it would be difficult to trust a NoLagMA
  • #114
  • Jul 1, 2010 12:28pm Jul 1, 2010 12:28pm
Forgive my grammer and spelling problems. I am writing alot of these post on my iPhone when a get a chance between sales calls
  • #115
  • Jul 2, 2010 5:44am Jul 2, 2010 5:44am
If you don't have a Christmas tree, Santa Claus won't come visit you!

Quoting Indrek
My point, when I said that the thread might lose focus, was that there are too different ideas around. You have to decide if you trade MA cross, MA bounce, close under/above MA, slope of MA or something else. All these are quite different techniques and if you after so many posts still do not know, which one is the bone of your system then it means you are lost.
Bringing in weird stuff like this Christmas tree called BBSqueeze does not help, I am afraid.
Keep it very simple!
  • #116
  • Jul 2, 2010 12:39pm Jul 2, 2010 12:39pm
Hi Guys,

Here is the updated Mary EA. The jumpstop and BE were not working correctly. I believe those issues have been corrected. I need to work on the dynamic lot allocation - for now you will have to set your lot size manually. Has anyone been testing this? Is there any interest? Also, I'm attaching the profitable set file that I have for EURUSD M15 backtest - 1/1/2009 thru present.

Thanks - E
Attached File(s)
File Type: mq4 Mary_Test_EA.mq4   36 KB | 850 downloads
File Type: tpl ema_rsi_eu_m15.tpl   3 KB | 683 downloads
File Type: txt Mary_eurusd_m15.txt   1 KB | 714 downloads
  • #117
  • Jul 3, 2010 9:33am Jul 3, 2010 9:33am
Quoting eagle4x
The ultimate "filter" is to use a higher timeframe.
What about trading the signal at high timeframe and filter those signals using lower timeframe? Just curious...
  • #118
  • Jul 4, 2010 1:09am Jul 4, 2010 1:09am
Very high TP and SL. Was that intentional, or was that to account for 4-digit brokers, TallCoolOne? I have a 5-digit broker so should I chop off the zeros? Ill start forward testing monday once i hear back from ya.

Quoting TallCoolOne
Hi Guys,

Here is the updated Mary EA. The jumpstop and BE were not working correctly. I believe those issues have been corrected. I need to work on the dynamic lot allocation - for now you will have to set your lot size manually. Has anyone been testing this? Is there any interest? Also, I'm attaching the profitable set file that I have for EURUSD M15 backtest - 1/1/2009 thru present.

Thanks - E
  • #119
  • Jul 4, 2010 7:44am Jul 4, 2010 7:44am
Quoting zornjaso
Very high TP and SL. Was that intentional, or was that to account for 4-digit brokers, TallCoolOne? I have a 5-digit broker so should I chop off the zeros? Ill start forward testing monday once i hear back from ya.

Yes, the SL and TP are intentional. In backtesting these were only hit a couple of times. Most of the time the trend reversal with act as a stop and tp, if you watch it on backtest you will see what I mean. Also, you may want to optimize it for your data feed, broker, etc. I start by optimizing the fastema, slowema, rsi and stoploss first. This will give you a basic profitable baseline. Once those baselines are establish, then optimize the take profit, jump stop, break even and trailing stop. See what combination of those will enhance the profitability. This was my process so far. I found that the M15 timeframe seems to be the best so far. I would backtest at least 12 mos of data also. This will give you a good basic profitable baseline that should work over the long stretch. Just my opinion. Any ideas you may be would be great. Thanks!
  • #120
  • Jul 5, 2010 2:54pm Jul 5, 2010 2:54pm
Quoting sangmane
What about trading the signal at high timeframe and filter those signals using lower timeframe? Just curious...
No the opposite ? Filter with higher TF ?

For your example :
Attached Image(s) (click to enlarge)
Click to Enlarge Name: m5.gif Size: 40 KB
Click to Enlarge Name: m15.gif Size: 41 KB
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