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Simple H1 GBPUSD EA

  • #7,921
  • Aug 7, 2010 3:12pm Aug 7, 2010 3:12pm
Quoting Crunch
Sounds great, you guys are freaking awesom!

@dam, I've been through alot of the pages, I'll give it another look, but yes I've been setting up demos from different brokers. Unfortunately, demos never show the broker's problems, and it won't show how this EA performs on each one. It'll give a little taste, but not the whole meal.

It seems like people use IBFX or Alpari US, but everyone has bad things to say about both. I may stick to the ECN that geoff provided. Then again, I've never used an ECN before, so idk what that will effect.
Check here http://www.forexfactory.com/showthre...41#post3864241

And search posts by http://www.forexfactory.com/member.php?u=86165 who used to put up weekly/monthly results
  • #7,922
  • Aug 7, 2010 3:18pm Aug 7, 2010 3:18pm
If you have an iPod Touch, iPhone or iPad you can carry Tokyo around the house/office/park in your pocket rather than remaining permanently glued to your computer screens as Tokyo does its thing ...

I have setup the Real VNC viewer app on my iPod Touch and have a Real VNC server running on my PC. This allows me to view and control my PC from my iPod anywhere in the house or even from my bed (I'm in the UK so Tokyo does its thing while I'm supposed to be sleeping - sad I know).

Boy this thing's gone to my head ...

Piptician

P.S. Fx Factory, I don't work for Apple or Real VNC ...
  • #7,923
  • Aug 7, 2010 4:19pm Aug 7, 2010 4:19pm
Quoting piptician
I have setup the Real VNC viewer app on my iPod Touch and have a Real VNC server running on my PC. This allows me to view and control my PC from my iPod anywhere in the house or even from my bed (I'm in the UK so Tokyo does its thing while I'm supposed to be sleeping - sad I know). ...
I have found VNC to have some security issues so presonally recommend Teamviewer

Eitherway Piptitian is right, much easier than being glued to the PC
  • #7,924
  • Aug 7, 2010 4:27pm Aug 7, 2010 4:27pm
I tried backtesting this system from january till July this year, sometimes made 2-3 hundred dollars or losing 2-3 hundred dollars, depending on the pair... Why is everybody praising this system so much? Am I missing something? Do I have to stay glued to my computer 6 month to make 2 hundred dollars? Is it worth it? I am sincere, I guess I am doing something wrong in my backtesting...

Also as anybody knows, when you have a large stoploss, the odds are in you favor hitting TP first sometimes by 80% to 90 %.. but in the end still lose a lot because when it hits SL takes most of the profit out...
  • #7,925
  • Aug 7, 2010 5:07pm Aug 7, 2010 5:07pm
Quoting iulli
I tried backtesting this system from january till July this year, sometimes made 2-3 hundred dollars or losing 2-3 hundred dollars, depending on the pair... Why is everybody praising this system so much? Am I missing something? Do I have to stay glued to my computer 6 month to make 2 hundred dollars? Is it worth it? I am sincere, I guess I am doing something wrong in my backtesting...

Also as anybody knows, when you have a large stoploss, the odds are in you favor hitting TP first sometimes by 80% to 90 %.. but in the end still lose a lot because...
  • #7,926
  • Edited 5:49am Aug 8, 2010 4:28am | Edited 5:49am
Quoting iulli
I tried backtesting this system from january till July this year, sometimes made 2-3 hundred dollars or losing 2-3 hundred dollars, depending on the pair... Why is everybody praising this system so much? Am I missing something? Do I have to stay glued to my computer 6 month to make 2 hundred dollars? Is it worth it? I am sincere, I guess I am doing something wrong in my backtesting...

Also as anybody knows, when you have a large stoploss, the odds are in you favor hitting TP first sometimes by 80% to 90 %.. but in the end still lose a lot...
You say "depending on the pair" but the EA is called "Tokyo_GBPUSD_H1_v16" !

Cunningly hidden in the title is a clue as to what you might be missing!

If you read post #1 you will see that I noticed the way the trend worked
at a specific time on the GBPUSD chart and developed a simple EA to take
advantage of this and prove my idea.

If it works with any other pair I would be surprised and would put it down
to nothing other than coincedence!
  • #7,927
  • Aug 8, 2010 6:46am Aug 8, 2010 6:46am
Quoting geoffb65
You say "depending on the pair" but the EA is called "Tokyo_GBPUSD_H1_v16" !

Cunningly hidden in the title is a clue as to what you might be missing!
Bloody hell Geoff, thats genius!!!

Now all you need to tell us is what version it is

Sincerely,

Baldrick
  • #7,928
  • Aug 8, 2010 7:11am Aug 8, 2010 7:11am
Too bad there can't be some type of pop up

READ POST #1

Geoff are you sure you want to come back LOL

welcome back!
  • #7,929
  • Aug 8, 2010 7:37am Aug 8, 2010 7:37am
Quoting geoffb65
You say "depending on the pair" but the EA is called "Tokyo_GBPUSD_H1_v16" !

Cunningly hidden in the title is a clue as to what you might be missing!

If you read post #1 you will see that I noticed the way the trend worked
at a specific time on the GBPUSD chart and developed a simple EA to take
advantage of this and prove my idea.

If it works with any other pair I would be surprised and would put it down
to nothing other than coincedence!
Thankyou geoffb65 for your polite answer. Of course I know it suppose to work on Gbp/Usd, H1, like I said It might be my backtest history screw up, but it didn't have great results, it was making a litlle bit of money (pips) till the stoploss was hit cuple times., and then I also applied it to different other pairs by curiosity. We all apreciate everything you share here on FF geofbb65, God bless.
  • #7,930
  • Aug 8, 2010 7:44am Aug 8, 2010 7:44am
Quoting iulli
Thankyou geoffb65 for your polite answer. Of course I know it suppose to work on Gbp/Usd, H1, like I said It might be my backtest history screw up, but it didn't have great results, it was making a litlle bit of money (pips) till the stoploss was hit cuple times., and then I also aplied it to different other pairs by curiosity. We all apreciate everything you share here on FF geofbb65, God bless.
Thank you for not taking my remarks the wrong way, I didn't want to sound
unfair or sarcastic, I guess I saw an opportunity to inject some weekend humour!

Maybe we can help you with your back-testing, why not tell us your setup?
  • #7,931
  • Aug 8, 2010 7:45am Aug 8, 2010 7:45am
Quoting dambuster
Bloody hell Geoff, thats genius!!!

Now all you need to tell us is what version it is

Sincerely,

Baldrick
You are very "smart butt" dumbuster. I just backtested it, didn't have great results, when I say great I was expecting something like 10-20% a month wining a month. You can be a litlle bit morre polite and just answer honestly or corect me if I do something wrong or shut up, I can see a lot of diference between your anwers (intentionally mocking) and somebody with a higher class like geofb64. Please if you have something good to say , please say it, if not please don't bug in. We are all here to learn or help each other to learn how to win on this market when odds are against us. Please escuse my answer if it is a litlle bit rough, my point is for you not to be so easy in mocking people you don't even now.
  • #7,932
  • Aug 8, 2010 7:46am Aug 8, 2010 7:46am
Quoting dambuster
Bloody hell Geoff, thats genius!!!

Now all you need to tell us is what version it is

Sincerely,

Baldrick
Ah the joys of the English language...

Come clean dambuster, you're not really Swiss are you?
  • #7,933
  • Aug 8, 2010 7:48am Aug 8, 2010 7:48am
Quoting dambuster
Bloody hell Geoff, thats genius!!!

Now all you need to tell us is what version it is

Sincerely,

Baldrick
Even though it was mean, you cracked me up.

Damn that was funny.
  • #7,934
  • Aug 8, 2010 8:00am Aug 8, 2010 8:00am
Quoting geoffb65
Ah the joys of the English language...

Come clean dambuster, you're not really Swiss are you?
Nah mate, born and bred a Londoner but doing a stint in the holy (cheese) land
  • #7,935
  • Aug 8, 2010 8:04am Aug 8, 2010 8:04am
Quoting iulli
You are very "smart butt" dumbuster. I just backtested it, didn't have great results, when I say great I was expecting something like 10-20% a month wining a month. You can be a litlle bit morre polite and just answer honestly or corect me if I do something wrong or shut up, I can see a lot of diference between your anwers (intentionally mocking) and somebody with a higher class like geofb64. Please if you have something good to say , please say it, if not please don't bug in. We are all here to learn or help each other to learn how to win on...
No offence intended, just as Geoff says a bit of weekend levity with a play on English colloquialisms

Now if Skyzer gets on your case then that may well be a different kettle of fish altogether...
  • #7,936
  • Aug 8, 2010 8:05am Aug 8, 2010 8:05am
Quoting iulli
Also as anybody knows, when you have a large stoploss, the odds are in you favor hitting TP first sometimes by 80% to 90 %.. but in the end still lose a lot because when it hits SL takes most of the profit out...
I have attached a chart for 12 months back test using Alpari UK demo and it
uses the "timed exit" code that will be added to Tokyo v17 in a few days time.

Without the "timed exit" we would have had 2 losing days in the 12 months.

I do not claim that live forward testing will be as good as this back-test but
it is all we have to work with and it is well known on this thread that using different
brokers can give vastly different results.

The graph shows a profit of 2,800 pips over 12 months starting from 2000
which is not fantastic but filters have removed a lot of bad trades and,
inevitably, a number of good trades to arrive at the optimum profit.

If your back testing shows more that 2 losing days in the past 12 months it
may be caused by using a different broker or some other reason that we
may be able to define...
Attached Image (click to enlarge)
Click to Enlarge Name: Timed.gif Size: 7 KB
  • #7,937
  • Aug 8, 2010 8:05am Aug 8, 2010 8:05am
Here are the backtest results, am I doing something wrong? The actually results report is in the zip file. GBP/USD 1H my broker fxdd Time +3GMT. Per total in first six month of this year 2010 was losing 192.37$ if you are using microaccount(0.01 lots). Now, do you understand dambuster what I meant? Show me if I do something wrong, I would really apreciate that.
Attached Image (click to enlarge)
Click to Enlarge Name: geoff.gif Size: 9 KB
Attached File(s)
File Type: zip geoff_tokyo.zip   21 KB | 354 downloads
  • #7,938
  • Aug 8, 2010 8:08am Aug 8, 2010 8:08am
Quoting iulli
Here are the backtest results, am I doing something wrong?
Yep, sure looks like you are

Go through post 1 on the first page, paying particular attention to GMT and broker offset settings
  • #7,939
  • Aug 8, 2010 8:21am Aug 8, 2010 8:21am
Quoting iulli
Here are the backtest results, am I doing something wrong? The actually results report is in the zip file. GBP/USD 1H my broker fxdd Time +3GMT. Per total in first six month of this year 2010 was losing 192.37$ if you are using microaccount(0.01 lots). Now, do you understand dumbuster what I meant? Show me if I do something wrong, I would really apreciate that.
As far as I can see from your strategy report your settings are correct yet the
graph looks like one produced with the wrong start time/GMT offset.

FXDD are +3 as far as I am aware so it looks to be correct!

There are probably other members using FXDD so let's see if anyone else can
shed some light on this!
  • #7,940
  • Aug 8, 2010 8:31am Aug 8, 2010 8:31am
Quoting geoffb65
As far as I can see from your strategy report your settings are correct yet the
graph looks like one produced with the wrong start time/GMT offset.

FXDD are +3 as far as I am aware so it looks to be correct!

There are probably other members using FXDD so let's see if anyone else can
shed some light on this!
I had a look at the FXDD website and the GMT offset for FXDD Malta is +3 can
I assume that you are with FXDD Malta as otherwise the server will be based
in New York which will be something like -4 GMT offset.
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