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Old Dog with New Tricks

  • #621
  • Aug 1, 2010 7:25pm Aug 1, 2010 7:25pm
I just fixed a bug. You still need the indicator from the previous post.
Attached File(s)
File Type: mq4 Rfking2 HiLo Self Optimizing [TD].mq4   55 KB | 423 downloads
  • #622
  • Aug 1, 2010 8:47pm Aug 1, 2010 8:47pm
I'm trying to use your version rfking, but it seems to get stuck on the message "Optimizing counter for 23:00". On my chart there is a gap which starts at 23:00 on Friday, until 00:00 for the market open on Monday.

Am I doing something wrong? Apologies if this has already been addressed earlier.
  • #623
  • Aug 1, 2010 9:06pm Aug 1, 2010 9:06pm
Quoting Mindsphere
I'm trying to use your version rfking, but it seems to get stuck on the message "Optimizing counter for 23:00". On my chart there is a gap which starts at 23:00 on Friday, until 00:00 for the market open on Monday.

Am I doing something wrong? Apologies if this has already been addressed earlier.

Unfortunately your issue is not associated to the changes I made. I did not change how the backtest runs. Only when counter trades are executed and added HiLo lines. You should reset your system and if the problem continues, try changing your settings.
  • #624
  • Aug 1, 2010 9:33pm Aug 1, 2010 9:33pm
Quoting Mindsphere
I'm trying to use your version rfking, but it seems to get stuck on the message "Optimizing counter for 23:00". On my chart there is a gap which starts at 23:00 on Friday, until 00:00 for the market open on Monday.

Am I doing something wrong? Apologies if this has already been addressed earlier.
When the EA first optimizes itself, it waits for the next tick after the optimization to figure out what sort of trading system to use.
  • #625
  • Aug 1, 2010 10:37pm Aug 1, 2010 10:37pm
Those of you using FXDD should know that their demos have switched to 5 digit and the live accounts will too in about two weeks. Others using 4 digit should keep an eye on your settings. I was banging my head into a wall trying to figure out why my hedges were kicking in so soon and my TPs were closing at 4 pips on my experimental EAs.
  • #626
  • Aug 2, 2010 1:48am Aug 2, 2010 1:48am
Quoting Jay Allen
Thanks MorningMania. How many bars do you recommend?

Regards,

Jay Allen
Dallas, Texas
You may have to read the thread to read different people's opinion about that. It ranges from 50000 to 1.25mil bars. It depends on what historical period you think is significant long or short enough to predict future price action.
  • #627
  • Aug 2, 2010 9:42am Aug 2, 2010 9:42am
I'm still having issues (on more than one demo account) with my imported data history staying loaded after shutting down and rebooting MT4.

Anyone else having this issue?
  • #628
  • Aug 2, 2010 2:24pm Aug 2, 2010 2:24pm
Quoting Ronald Raygun
When the EA first optimizes itself, it waits for the next tick after the optimization to figure out what sort of trading system to use.
Ticks have been coming through fine, but it's still stuck on optimizing for 23:00. My theory is that it got stuck due to the weekend gap - i.e. no data for 23:00 as the market closed at 22:59 and reopened at 00:00.

I wonder if this is an idiosyncrasy of the demo broker I'm using (Alpari UK), which I picked due to its timezone matching the free minute data you linked to earlier (GMT +1). I'll try a different broker today and just shift the data I guess.
  • #629
  • Aug 2, 2010 10:27pm Aug 2, 2010 10:27pm
G'day Ronald,
I'm not a programmer and can't read/understand the MQL coding that well
so, I'm not sure may be that idea already exists and it's running within the optimization,
but if it doesn't ... than, is it possible to incorporate additional spread filter to the current EA?
... to prevent trades from opening during a big news releases and/or low liquidity periods.
Best Regards,
Darek
  • #630
  • Aug 3, 2010 6:48am Aug 3, 2010 6:48am
Hey everyone,

How does Thursday night (9PM EST) and Friday morning (9AM EST) work for everyone?

I realize that the group of people using this EA is an international one and I'll do what I can to accommodate.
  • #631
  • Aug 3, 2010 7:00am Aug 3, 2010 7:00am
9PM sounds fine since it's outside work hours.

I think we're in the same time zone.
You are in a maze of twisty little passages, all alike.
  • #632
  • Aug 3, 2010 7:10am Aug 3, 2010 7:10am
That's 3pm/3am Central European Time, which is what I'm on. I can do 3PM depending on the format. Will you use chat or some form of voice communication, the latter will be a hard sell for me at work Also, will this be recorded for those who cannot make it? Thanks for your willingness to help!
  • #633
  • Aug 3, 2010 7:46am Aug 3, 2010 7:46am
Sign up links: http://ronaldraygunforex.com/Webinar.html

I am using DimDim as the webinar host thingy. It's all browser-based and my initial testing with it went more or less smoothly.

I would appreciate it if you could just sign up for one of the two webinars. I only have 20 slots for each session. If there is a demand, I'll do more webinars time-permitting.
  • #634
  • Aug 3, 2010 8:12am Aug 3, 2010 8:12am
it's normal if i instaled hilo self optimizing i see on the chart write
"I Know you didn't read the source code. Otherwise, the EA would be optimizing itself by now.

but if i installed hilo trader the EA regolar started ???
  • #635
  • Aug 3, 2010 8:23am Aug 3, 2010 8:23am
Quoting Ronald Raygun
Sign up links: http://ronaldraygunforex.com/Webinar.html

I am using DimDim as the webinar host thingy. It's all browser-based and my initial testing with it went more or less smoothly.

I would appreciate it if you could just sign up for one of the two webinars. I only have 20 slots for each session. If there is a demand, I'll do more webinars time-permitting.

Thanks. Looking forward to better understanding this EA.
  • #636
  • Aug 3, 2010 10:44am Aug 3, 2010 10:44am
Quoting Yu1976
it's normal if i instaled hilo self optimizing i see on the chart write
"I Know you didn't read the source code. Otherwise, the EA would be optimizing itself by now.

but if i installed hilo trader the EA regolar started ???
Think about it... if you read the source code something magical happens.
  • #637
  • Aug 4, 2010 6:37am Aug 4, 2010 6:37am
OK, here's a pretty good set of forward test results for Ron's EA. Metatrader report attached.

1) Period covered: 7/21/2010 - 8/4/2010 (2 weeks)
2) Broker: IBFX demo mini account 5 digits
3) Currency pair: EURUSD only
4) Time frame: M1
5) Settings: default except ECNBroker=true, BarsToOptimize=50000
6) Fixed lot size 0.01
7) Computer used: crappy old Dell Dimension 2400 (Celeron 2.4 GHz, 512 MB RAM, IDE HD) It's an old unused computer sitting around the house.

There were 559 trades total so it's a good statistical sample. The win rate was 50.63% which tracks with the WinRate setting of 50%; a good sanity check.

The equity curve was interesting in that there were periods of chop (no edge) and trending periods (making money). I could see where running this EA on multiple pairs would tend to smooth out performance. While some pairs are chopping in equity performance, others are trending upwards to compensate. Theoretically more pairs would give a fairly smooth upwardly sloping equity curve.

I have no idea how this performs on other pairs. My crappy computer may not handle more than 4 pairs.

One other note. Notice I used 50000 for BarsToUse. This seemed to give good statistical results and would probably allow me to run more pairs on my underpowered computer, as opposed to using a million bars.
Attached File(s)
File Type: zip old dog.zip   21 KB | 546 downloads
You are in a maze of twisty little passages, all alike.
  • #638
  • Aug 4, 2010 7:30am Aug 4, 2010 7:30am
Quoting stevegee58
OK, here's a pretty good set of forward test results for Ron's EA. Metatrader report attached.

1) Period covered: 7/21/2010 - 8/4/2010 (2 weeks)
2) Broker: IBFX demo mini account 5 digits
3) Currency pair: EURUSD only
4) Time frame: M1
5) Settings: default except ECNBroker=true, BarsToOptimize=50000
6) Fixed lot size 0.01
7) Computer used: crappy old Dell Dimension 2400 (Celeron 2.4 GHz, 512 MB RAM, IDE HD) It's an old unused computer sitting around the house.

There were 559 trades total so it's a good statistical sample. The win rate was 50.63%...
Interesting results. One thing I noticed is that a lot of your trades are taken on the same bar. My understanding of the EA is that if max trades is set at 10 for instance it will only take one trade per bar - so perhaps something is wrong with your set up.

Paul
  • #639
  • Edited 8:23am Aug 4, 2010 7:58am | Edited 8:23am
Quoting paulbt38
Interesting results. One thing I noticed is that a lot of your trades are taken on the same bar. My understanding of the EA is that if max trades is set at 10 for instance it will only take one trade per bar - so perhaps something is wrong with your set up.

Paul
That's correct. I told Ron about this already. I haven't done anything that could cause it.

*later*
Hey Ron I looked at the code that limits new orders to 1 per bar. I believe there's a potential problem if you're running with ECNBroker=true. It looks like the statement "TradesThisBar++;" isn't being executed because OrderModify is always returning a 0 when it's successful.

I don't know if anyone else here is running ECNBroker=true or not; maybe it's an IBFX problem.
You are in a maze of twisty little passages, all alike.
  • #640
  • Aug 4, 2010 8:42am Aug 4, 2010 8:42am
Quoting stevegee58
That's correct. I told Ron about this already. I haven't done anything that could cause it.

*later*
Hey Ron I looked at the code that limits new orders to 1 per bar. I believe there's a potential problem if you're running with ECNBroker=true. It looks like the statement "TradesThisBar++;" isn't being executed because OrderModify is always returning a 0 when it's successful.

I don't know if anyone else here is running ECNBroker=true or not; maybe it's an IBFX problem.
You might be on to something there as my demo and live accounts are with Alpari and therefore ECN is false

Paul
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