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Attachments: EMA Cut
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EMA Cut

  • #101
  • Jul 27, 2010 4:18pm Jul 27, 2010 4:18pm
Quoting Jasus
I took out the 5 and 8 EMA cross on the 2nd step. I just require 5 to be above 8 EMA when the 2nd step happens.

Not better
  • #102
  • Jul 27, 2010 4:20pm Jul 27, 2010 4:20pm
The EA fails on EU with the standard settings. Please see if it's entrying and exiting on the right time liberators, maybe i misunderstood something or coded something wrong.
  • #103
  • Jul 27, 2010 4:21pm Jul 27, 2010 4:21pm
Quoting xman
Not better
sstill making few trades?
  • #104
  • Jul 27, 2010 4:21pm Jul 27, 2010 4:21pm
Quoting Jasus
sstill making few trades?

Yes
  • #105
  • Jul 27, 2010 4:22pm Jul 27, 2010 4:22pm
Quoting xman
Well, EA is made on your strategy, so strategy has a small profitability. Look chart.
I would not want to start my trading day on an angry note and thats what you are trying hard to make me do..If you'd been patient enough to go thru this thread, then you'd known the EA in question is still being tested and not even confirmed ok yet..... and here you come saying its ''made on your strategy, so strategy has a small profitability''...
Is this the way you jump to conclusions and dwarf peoples effort without even trying it out?....
God's Love For You Is Sure Never You Doubt It
  • #106
  • Jul 27, 2010 4:26pm Jul 27, 2010 4:26pm
alright guys, lets take things easy...
  • #107
  • Jul 27, 2010 4:28pm Jul 27, 2010 4:28pm
It made more than 910 trades from 01/01/2001 to 20/07/2010

In average it's making 1 trade every 4 days (7 days weeks)
Attached Image (click to enlarge)
Click to Enlarge Name: emacut.jpg Size: 268 KB
  • #108
  • Jul 27, 2010 4:29pm Jul 27, 2010 4:29pm
Quoting D liberators
I would not want to start my trading day on an angry note and thats what you are trying hard to make me do..If you'd been patient enough to go thru this thread, then you'd known the EA in question is still being tested and not even confirmed ok yet..... and here you come saying its ''made on your strategy, so strategy has a small profitability''...
Is this the way you jump to conclusions and dwarf peoples effort without even trying it out?....
I did not mean anything bad, sorry.

I just have try 500 different EA and have feelling for EA. Thats all, just contiunue to work on strategy, OK?
  • #109
  • Jul 27, 2010 4:31pm Jul 27, 2010 4:31pm
Quoting Jasus
It made more than 910 trades from 01/01/2001 to 20/07/2010
ummm, that doesn't look very good...
  • #110
  • Jul 27, 2010 4:37pm Jul 27, 2010 4:37pm
Quoting Jasus
It made more than 910 trades from 01/01/2001 to 20/07/2010

In average it's making 1 trade per each day (7 days weeks)
Thanks for your efforts Jasus..still trying to make it work here..but from the number of trades you said it took, i have a feeling the EA is not ok yet. the no of trades shouldnt be that much for the said period...

I'll still try and get it to work, then i'll know exactly where the adjustment is/are needed..but right now, i continue with my manual trading and i must go now to prepare for the start of a new trading day....
God's Love For You Is Sure Never You Doubt It
  • #111
  • Jul 27, 2010 4:39pm Jul 27, 2010 4:39pm
Quoting D liberators
Thanks for your efforts Jasus..still trying to make it work here..but from the number of trades you said it took, i have a feeling the EA is not ok yet. the no of trades shouldnt be that much for the said period...

I'll still try and get it to work, then i'll know exactly where the adjustment is/are needed..but right now, i continue with my manual trading and i must go now to prepare for the start of a new trading day....
ok please send me a pvt message when you test it

PS: in average it's just taking 1 trade for each 4 days(not 4 trades on these 4 days, just 1), I thought that would be a small number of trades
  • #112
  • Jul 27, 2010 9:26pm Jul 27, 2010 9:26pm
i am still learning coding, but looks like a bug in the EA.

if ( Close[i] > Open[i] && Open[i] > EMA(200, i) && EMAConditions(i, true) )

its taking trade only when we have a perfect setup which means step3 happens next bar to step2.

13bar rule is not working properly, i guess. with this line, we are always looking at ALL conditions on same bar in all prev 13bars. EMAConditions should be checked only for current bar and check step2,1 in last 13bars

this would be the logic.

check in the current if all EMAs are above 200 and cross is correct, price is below 200 ema and rsi is in 50-80

if true, then take last 13 bars and keep checking if 200 cross has occured and the next candle closed bullish (or one more candle)

if true, then the current bar close would signal a buy trade
  • #113
  • Jul 27, 2010 10:04pm Jul 27, 2010 10:04pm
Quoting Jasus
It made more than 910 trades from 01/01/2001 to 20/07/2010

In average it's making 1 trade every 4 days (7 days weeks)
i tested this on EU M5 between april 1 2010 and july 09 2010, it generated 15 orders, 14 are winners and 1 loser !!!!! with SL 250 pips and TP 50. i know 250 is bad, but the hit ratio is very good.

i didnt notice there is a multiplier 10 on stoploss, i entered 25 but the code took it as 250 , thats how i ended up with this settings.

i will try with smaller numbers like 200, 150, 100
  • #114
  • Jul 27, 2010 11:55pm Jul 27, 2010 11:55pm
Quoting roundrock
i tested this on EU M5 between april 1 2010 and july 09 2010, it generated 15 orders, 14 are winners and 1 loser !!!!! with SL 250 pips and TP 50. i know 250 is bad, but the hit ratio is very good.

i didnt notice there is a multiplier 10 on stoploss, i entered 25 but the code took it as 250 , thats how i ended up with this settings.

i will try with smaller numbers like 200, 150, 100
Nah the multiplier just converts pips to points. Some brokers, like alpari, have 5 decimal points and that's why i put the multiplier. if your broker has 4 digits on EU for example I don't know if it will have a 250 pips stop loss though, but it's just a matter of checking the results to see.
  • #115
  • Jul 28, 2010 12:03am Jul 28, 2010 12:03am
Quoting roundrock
13bar rule is not working properly, i guess. with this line, we are always looking at ALL conditions on same bar in all prev 13bars. EMAConditions should be checked only for current bar and check step2,1 in last 13bars
what do you mean by "with this line, we are always looking at ALL conditions on same bar in all prev 13bars. EMAConditions should be checked only for current bar and check step2,1 in last 13bars" ?

What the code is doing is to see if there is a bar that meets step 3 conditions. if there is, it first sees if step 2 was concluded in this bar and then sees if step 1 was concluded in the last 2 bars.

if step 2 wasn't on the same bar as step 3, we go to this part of the code, where it checks if step 2 happened on the last 13 bars (and step 1 maximum 2 bars away from step 2).

EDIT: I think i understood what you said. You're saying the EMAs should be in position on the current bar (step 3 bar) and not on the 2nd step bar. But take a look at what liberators said
Quote

STEP 2
Watch for bullish candle to open and close above EMA 200 [maximum of 2 candles after step 1]...at this point we take a look at the other EMA's 5,8,25,55


We see if the EMAs are in position (using EMAConditions function) in step 2, not on the current bar as you are saying.
  • #116
  • Jul 28, 2010 1:18am Jul 28, 2010 1:18am
Quoting Jasus
what do you mean by "with this line, we are always looking at ALL conditions on same bar in all prev 13bars. EMAConditions should be checked only for current bar and check step2,1 in last 13bars" ?

What the code is doing is to see if there is a bar that meets step 3 conditions. if there is, it first sees if step 2 was concluded in this bar and then sees if step 1 was concluded in the last 2 bars.

if step 2 wasn't on the same bar as step 3, we go to this part of the code, where it checks if step 2 happened on the last 13 bars (and step 1 maximum...
the EMA Condition is for step 3 not 2. EMA condition means 5 >8, 25>55, 5>200, 8>200, 25>200, 55>200. this allignment EMAs is called step3.

first cross of 200 ema is step1

bullish candle that opens and closes above 200 is step2 and should occur within max 2 candle from step1

allignment of EMAs (called EMACondition) occurs in step3 and this should be within 12 bars from step2
  • #117
  • Jul 28, 2010 1:20am Jul 28, 2010 1:20am
if you put a arrow up/down above/below candle that triggered the order, then we can see clearly
  • #118
  • Jul 28, 2010 3:45pm Jul 28, 2010 3:45pm
Quoting roundrock
the EMA Condition is for step 3 not 2. EMA condition means 5 >8, 25>55, 5>200, 8>200, 25>200, 55>200. this allignment EMAs is called step3.

first cross of 200 ema is step1

bullish candle that opens and closes above 200 is step2 and should occur within max 2 candle from step1

allignment of EMAs (called EMACondition) occurs in step3 and this should be within 12 bars from step2
I tried it that way too, still bad backtest results.
After you backtest click open chart and you'll see all the entries and exits, you can see if everything's ok.
  • #119
  • Jul 28, 2010 3:59pm Jul 28, 2010 3:59pm
Good day guys,

I dont trade this system but just watch wots gwan as the system developer is a friend. well it has been proven that back test results are unreliable due to distorted data as presented by MT4. my advice for anybody is to spend maybe 3months forward testing the method and ur acctount result will prove to you if its OK or not.

advice again, many have said, when is the best time to watch/look for trade as they cant sit in front of the PC all day long. good reason but try this method at the begining of every session, u should be able to find trades.

all u need do is to get on sit an hour before a session begings and leave an hour after it begins. which gives 6hrs. not bad watching for trade.

my 100 naira contribution
  • #120
  • Edited 10:42pm Jul 28, 2010 4:37pm | Edited 10:42pm
Quoting Jasus
I tried it that way too, still bad backtest results.
After you backtest click open chart and you'll see all the entries and exits, you can see if everything's ok.
Thanks Jasus, your efforts are appreciated.

I did post a live sequence of this strategy on a 1hr TF on EurUsd from start to when i entered the trade...perhaps if you follow these steps, you should be able to get the EA properly fixed.

Step 1.
Page 3 post no 35

Step 2.
Page 3 post no 39

Step 3
Page 4 post no 52.
It was a live trade and i just totally closed it today. If you can make the EA to just follow these simple rules, then we'll be fine with it...I personally will prefer nt to have too many candles btw. steps 2 and 3...if steps 2 and 3 happen on the same candle, the better the signal..

After step 2, we watch for a fresh cross of the EMA's [usually Ema 5 and 8 would have crossed at step 1 or 2 before EMA 55 and 25....so most times i wait for a fresh cross of EMA 55 and 25 and EMA 5 and 8 cross above/below it, and both crosses all above/below EMA 200......

Hope the above further throws more light on step 3..i guess this is where the confusion is....

Tradershotch's EA [post 43 on page 3] is very close to the strategy except for some bugs that makes it pick some wrong trades...you can take a look at this and compare with yours, perhaps you'll be able to come up with a solution

Perhaps as Rooktrader suggested, we can have an EA that gives alert once steps 1 and 2 are fulfilled...if getting an EA for the whole system seems impossible...

For those who dont have screen time, i suggest you move to higher tf..30mins, 1hr, 4hr, daily, but you'll have to be patient and disciplined in waiting for signals..
God's Love For You Is Sure Never You Doubt It
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