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Simple H1 GBPUSD EA

  • #6,301
  • Jul 6, 2010 10:34am Jul 6, 2010 10:34am
Quoting Emanuele
Uhm, I still have long trades open on FXpro from yesterday. Cable doesn't seem to go anywhere, though. :|
Hi All
Like Emanuele I had long trades open on Fxpro yesterday
Tokyo V14 live 2 orders . with the lost in the morning I closed the 2 trades with a total loss of 100 pips

Tokyo demo V14 3 orders that I keep working and just now end with profit
22/11.6/10.9
It is luck but not following the Geoff's rule " between NY close and Tokyo open the market seems to follow his trend"
I would be happy to know what Geoff is thinking about that
  • #6,302
  • Jul 6, 2010 10:55am Jul 6, 2010 10:55am
Quoting gir
Hi All
Like Emanuele I had long trades open on Fxpro yesterday
Tokyo V14 live 2 orders . with the lost in the morning I closed the 2 trades with a total loss of 100 pips

Tokyo demo V14 3 orders that I keep working and just now end with profit
22/11.6/10.9
It is luck but not following the Geoff's rule " between NY close and Tokyo open the market seems to follow his trend"
I would be happy to know what Geoff is thinking about that
I always let the EA run to TP or SL but, I know it is difficult when there is
a big drawdown, at least your 3 order option made a profit!
  • #6,303
  • Jul 6, 2010 11:14am Jul 6, 2010 11:14am
Quoting geoffb65
I always let the EA run to TP or SL but, I know it is difficult when there is
a big drawdown, at least your 3 order option made a profit!
A profit after 40 hours is a luck and not the trend which had opened the order.

or we can open the EA all day waiting a trigger

this is not the idea behind your EA (if I understand)
Thanks
  • #6,304
  • Jul 6, 2010 12:02pm Jul 6, 2010 12:02pm
Quoting gir
A profit after 40 hours is a luck and not the trend which had opened the order.

or we can open the EA all day waiting a trigger

this is not the idea behind your EA (if I understand)
Thanks

Agree the technical situation may of changed but dont forget the back test results do not take intervention or time into account

It hits the TP or SL it doesn't look when and that makes up the figures..

Closing positions early will dramatically change the performance of this system..how many winners would of been clipped short if traders intervened ?

When ever we intervien we have to apply changes to both losers and winners..How many times has a signal been to -120 -130 etc only to reverse and hit a profit.....the trader prob would of closed out and taken a less painful hit but now the system is scewed

The performance of this EA is not only in its trading time and technique but also in the fact that the SL and TP are given to run

What you dont want to start saying when a trade is closed out at -100 pips when the EA closed out at -140 pips is ' I was lucky there'...or when the trader closes out at 25 pips after a few hours when the system goes onto make 80 pips is ' I was un lucky there' ..becaues that in my opinion is a certain road to disaster

paulus
  • #6,305
  • Jul 6, 2010 12:29pm Jul 6, 2010 12:29pm
Quoting Paulus
Agree the technical situation may of changed but dont forget the back test results do not take intervention or time into account

It hits the TP or SL it doesn't look when and that makes up the figures..

Closing positions early will dramatically change the performance of this system..how many winners would of been clipped short if traders intervened ?

When ever we intervien we have to apply changes to both losers and winners..How many times has a signal been to -120 -130 etc only to reverse and hit a profit.....the trader prob would...
I agree but yesterday only Fxpro took trades and the conditions were asking.
that is why I close my live trades and let run the demo.
There is no question about the EA which is excellent but perhaps about the manner the different brokers took or not the trades.
  • #6,306
  • Jul 6, 2010 12:35pm Jul 6, 2010 12:35pm
Quoting gir
A profit after 40 hours is a luck and not the trend which had opened the order.

or we can open the EA all day waiting a trigger

this is not the idea behind your EA (if I understand)
Thanks
As I understand it there was only one broker opened that particular trade, certainly the EA did not
open an order on any of my accounts.

All my testing was done with Alpari accounts and Alpari did not take the trade.

The trade "came good" eventually because it was with the general trend which
is, more often than not, a safe entry.
  • #6,307
  • Jul 6, 2010 1:16pm Jul 6, 2010 1:16pm
Hi Geoff,

Hope all is well.

Finally got round to getting your ea on a small live micro account (Alpari UK) using the 2 order set files. No trade last night.

I'll keep you updated on progress

Regards,

Indy
  • #6,308
  • Jul 6, 2010 1:40pm Jul 6, 2010 1:40pm
Quoting indy360
Hi Geoff,

Hope all is well.

Finally got round to getting your ea on a small live micro account (Alpari UK) using the 2 order set files. No trade last night.

I'll keep you updated on progress

Regards,

Indy
  • #6,309
  • Jul 6, 2010 5:31pm Jul 6, 2010 5:31pm
Quoting gir
I agree but yesterday only Fxpro took trades and the conditions were asking.
that is why I close my live trades and let run the demo.
There is no question about the EA which is excellent but perhaps about the manner the different brokers took or not the trades.
Gir,
what broker do youy use?
do you check your smas being in consoldiation?
do you check the trade entries of your ea?

I am asking these questions as they seem to me as crucial factors for success. 197 and 10 smas yesterday were clearly not in consolidation and hence you must have changed the logic of the algorithm significantly or there is a serious flaw elsewhere.
  • #6,310
  • Jul 6, 2010 5:34pm Jul 6, 2010 5:34pm
---------------------------
Smas are not in consolidation
---------------------------
Sma 10 [2] : 1.51671, Sma 10 [1] : 1.51648
Sma 197 [2] : 1.50703, Sma 197 [1] : 1.50712
no trades are expected
---------------------------
OK
---------------------------

but this is still with data which is 1 hour early
  • #6,311
  • Jul 6, 2010 6:03pm Jul 6, 2010 6:03pm
---------------------------
Smas are not in consolidation
---------------------------
Sma 10 [2] : 1.51648, Sma 10 [1] : 1.51609
Sma 197 [2] : 1.50712, Sma 197 [1] : 1.50720
no trades are expected
---------------------------
OK
---------------------------
  • #6,312
  • Jul 6, 2010 6:52pm Jul 6, 2010 6:52pm
Quoting gir
Hi All
Like Emanuele I had long trades open on Fxpro yesterday
You better think twice as Yesterday was no liquidity and no movement

and pair could go either way.. Why would you trade yesterday (want to liquidate your account faster?),

well you got your lesson, don't blame EA for that..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #6,313
  • Edited 8:41pm Jul 6, 2010 7:41pm | Edited 8:41pm
Quoting SkyzerFX
You better think twice as Yesterday was no liquidity and no movement

and pair could go either way.. Why would you trade yesterday (want to liquidate your account faster?),

well you got your lesson, don't blame EA for that..
Ok, SkyzerFX, I will take the bait. How do you know if there is or will be 'liquidity'?

I think that is something I should learn.


--EDIT: I guess you are referring to the Holiday. However, I have seen some mighty runs on the holidays before, but I guess that is probably due to a lack of liquidity?
We are our own best indicator.
  • #6,314
  • Jul 7, 2010 1:44am Jul 7, 2010 1:44am
Quoting Haishang
Gir,
what broker do youy use?
do you check your smas being in consoldiation?
do you check the trade entries of your ea?

I am asking these questions as they seem to me as crucial factors for success. 197 and 10 smas yesterday were clearly not in consolidation and hence you must have changed the logic of the algorithm significantly or there is a serious flaw elsewhere.
Haishang,
As I said my broker is FXpro and it was the only that took the trades.
I have changed nothing .the Smas and fractals were OK
It seems the EA is very broker sensitive
  • #6,315
  • Jul 7, 2010 2:06am Jul 7, 2010 2:06am
No trades for me last night on Alpari UK live.

Good trading all
  • #6,316
  • Jul 7, 2010 3:07am Jul 7, 2010 3:07am
+19,+20,+21 pips on avafx
  • #6,317
  • Jul 7, 2010 3:55am Jul 7, 2010 3:55am
Wow!

How did you manage that? The moving-averages are very definitely pointing different directions here (on Alpari UK). I am always amazed by the differences between brokers

Charlie
  • #6,318
  • Jul 7, 2010 4:10am Jul 7, 2010 4:10am
however just a small profit with $0.2 per pips .thanks to geoff for the great EA
  • #6,319
  • Jul 7, 2010 4:17am Jul 7, 2010 4:17am
Quoting gir
Haishang,
As I said my broker is FXpro and it was the only that took the trades.
I have changed nothing .the Smas and fractals were OK
It seems the EA is very broker sensitive
Wow, that is really astonishing! Because the divergence between 197 and 10 could not be more clear than yesterday and that's why I thought by a large margin that no trade would take place.

To be certain that these things will not happen to you in the future you can run an ea which gives you the values for the smas for 2100 and 2200 H1 candle in order to be on the safe side...just my thoughts as it brought some kind of relief to me earlier.....
  • #6,320
  • Jul 7, 2010 5:51am Jul 7, 2010 5:51am
Piptician has fixed a few of the recently reported bugs and added one or two new features:

  1. While trailing stops it now adheres to the broker's min stop levels (fixes the invalid stop errors)
  2. While trailing stops it checks that the order has not been closed (fixes the invalid ticket errors)
  3. Annotation positioning can now handle 4 digit brokers (fixes the problem with Fractal/Arrow/Thumb not being displayed for 4 digit brokers)
  4. Fast and Slow SMA's are now displayed on the 5min charts (line segments are drawn between the hourly SMA values - the last line segment auto-updates as new tick come in
  5. A vertical line is drawn to show the Start_Time time setting:

Attached File(s)
File Type: ex4 Tokyo_GBPUSD_H1_v15.ex4   67 KB | 461 downloads
File Type: zip Tokyo15set.zip   4 KB | 419 downloads
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