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Attachments: Geoff's Manual and Semi Automatic Trading Setup
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Geoff's Manual and Semi Automatic Trading Setup

  • #821
  • Aug 10, 2010 1:46am Aug 10, 2010 1:46am
Quoting sashasan
it looks like a some sort of martingale method which i dont think is appropriate here since we have a huge stops

i will think about the first one - but how you will figure out which hour enter and which not? you can easily miss the trend!
What do you think about post 787?
http://www.forexfactory.com/showpost...&postcount=787

This is not a martingale. When the trade will be for each signal Enter Trade Now, then you can optimize the logic of the process. We skipped the transactions. Statistics distorted.
The most important point: we miss the signals due to the setting of TP and SL, which relate to the previous transaction. The new transaction depends on the previous one. This is not correct. "Thin" logical time.

Thank for you hard work!
  • #822
  • Aug 10, 2010 3:10am Aug 10, 2010 3:10am
Quoting SkyzerFX
Ok, looking forward to test it.. I thought, everything we

"dreamed" about already exists in the V5
Hi Sky , Sasha and all traders.

Yes,.

Please see the chart below.
Could you arrange few things for me please.
According to paws post as below :


" Originally Posted by paws http://cdn.forexfactory.com/images/buttons/viewpost.gif
Do I understand this correctly to mean? - example:

Long market order triggered at 1.5900 (easy round number)
Market moves lower to 1.5860 (-40)
- First limit order triggered at 1.5880
- Second limit order triggered at 1.5860
(Sky's recommendation of buying at -20 pips and -40 pips when market moves against us)

Now suppose we had set the pips counter at 36.

When market goes back up to 1.5892 (+32 from the low point)..."


#1 when first limit-magic 2 triggered (red line level), EA move TP for all existing orders ( two so far) to average price .
#2 when second limit-magic 3 triggered (green line level), Ea move TP for all existing
orders (three for now ) to average price.
#3 "TP" level will trigger only TSL specified by user so you can stay with small (say 5-10 pips loose or mostly profit.
I know very well there is a lot of work behind any idea but I hope it is worth.

Best regards.

Mac.

Attached Image (click to enlarge)
Click to Enlarge Name: GeoffsV5-test-10.08.10..png Size: 60 KB
  • #823
  • Aug 10, 2010 3:35am Aug 10, 2010 3:35am
Good day, Traders!

Parameter NewOrdersTakeProfit = N Pips (5,10, etc.) is good!
But better, if the system will calculate the BE level of market orders and move TP to BE (common for these market orders)

Example:

buy1 price 1.1000
buy2 price 1.0000 (PendingOpenStep=1000)
buy3 price 0.9000 (SecondLimitPrderStep=2000)
NewOrdersTakeProfit = 10 Pips => TP move after 5 Hours
(TakeProfitAdjustHour=5) to 1.1010 (for all buy position)

But BE level (for buy1+buy2+buy3) is 1.0000 (+Spread), no profit, no loss. (Price quickly reach to BE level, then TP level)

So we lower the level of DrawDown.
  • #824
  • Aug 10, 2010 4:11am Aug 10, 2010 4:11am
Quoting D.i.m.l.
Good day, Traders!

Parameter NewOrdersTakeProfit = N Pips (5,10, etc.) is good!
But better, if the system will calculate the BE level of market orders and move TP to BE (common for these market orders)

Example:

buy1 price 1.1000
buy2 price 1.0000 (PendingOpenStep=1000)
buy3 price 0.9000 (SecondLimitPrderStep=2000)
NewOrdersTakeProfit = 10 Pips => TP move after 5 Hours
(TakeProfitAdjustHour=5) to 1.1010 (for all buy position)

But BE level (for buy1+buy2+buy3) is 1.0000 (+Spread), no profit, no loss. ([color=#000000]Price quickly reach to BE...



Hi D.i.m.l.

Definitely sounds good.

Mac.
  • #825
  • Aug 10, 2010 7:39am Aug 10, 2010 7:39am
Quoting MacMG
Hi D.i.m.l.

Definitely sounds good.

Mac.
We need to test something first for longer than 24 hours, to see

how things are working and then say we need this or that..

There going to be loses, one way or the other, we just trying to

minimize it.
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  • #826
  • Aug 10, 2010 8:22am Aug 10, 2010 8:22am
Quoting SkyzerFX
We need to test something first for longer than 24 hours, to see

how things are working and then say we need this or that..

There going to be loses, one way or the other, we just trying to

minimize it.
Hi Sky.

Yes, I agree with you.
This is just another idea and I hope worth think about
in the future.
Thanks.

Regards

Mac.
  • #827
  • Aug 10, 2010 8:27am Aug 10, 2010 8:27am
Quoting MacMG
Hi Sky.

Yes, I agree with you.
This is just another idea and I hope worth think about
in the future.
Thanks.

Regards

Mac.
Yeap, I just look over Geo Original v17 and Backtests are fine as you

already know, so if we just add to original our buy limit/buy stop

and also implement that timing thing, as Sasha mention earlier,

then we should be fine..

Thanks..
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  • #828
  • Aug 10, 2010 8:43am Aug 10, 2010 8:43am
Quoting SkyzerFX
Yeap, I just look over Geo Original v17 and Backtests are fine as you

already know, so if we just add to original our buy limit/buy stop

and also implement that timing thing, as Sasha mention earlier,

then we should be fine..

Thanks..
Hi SKY!
Yes, but better include in Sasha`s EA "Time Modul" (choose the time of work).
And to make history tests. Because Geoffs Original EA start to work only at 23 GMT.
Cheers
  • #829
  • Aug 10, 2010 9:43am Aug 10, 2010 9:43am
Quoting D.i.m.l.
Hi SKY!
Yes, but better include in Sasha`s EA "Time Modul" (choose the time of work).
And to make history tests. Because Geoffs Original EA start to work only at 23 GMT.
Cheers
Sure, that's what I'm talking about
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  • #830
  • Aug 10, 2010 9:53am Aug 10, 2010 9:53am
Quoting D.i.m.l.
Hi SKY!
Yes, but better include in Sasha`s EA "Time Modul" (choose the time of work).
And to make history tests. Because Geoffs Original EA start to work only at 23 GMT.
Cheers
The addition of a choice of "start time" sounds good to me for automatic mode as different pairs have slightly different hot time periods.
  • #831
  • Aug 10, 2010 11:22am Aug 10, 2010 11:22am
Quoting SkyzerFX
Sure, that's what I'm talking about
guys, it's fine, but my question is still on - how you would know when to turn in on and turn it off?

the idea behind this ea is non-stop pips thresh
  • #832
  • Aug 10, 2010 11:26am Aug 10, 2010 11:26am
Quoting MacMG
Hi Sky , Sasha and all traders.

Yes,.

Please see the chart below.
Could you arrange few things for me please.
According to...
Mac, just wait a little bit for the 5.1, there will be more interesting feature as i think, which we called "pips counter", it will close the positions based on a summary pips profit, so 2 limit orders will simply work as a "counter-coverage" for the 1 order
  • #833
  • Aug 10, 2010 1:34pm Aug 10, 2010 1:34pm
I forgot to activate Buy Stop instead of Buy Limit.. Was expecting

this move.. Ohh, well, next time then..
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  • #834
  • Aug 10, 2010 1:52pm Aug 10, 2010 1:52pm
Sry to be asking again... no trades since I loaded v5.0 yesterday with that setup I posted.

Are you getting any trades?
  • #835
  • Aug 10, 2010 2:08pm Aug 10, 2010 2:08pm
Yes, I have 1 loss since Sunday (same as original Geo EA traders)

And when GU shoots up after FOMC, I got quick Buy Limit activated, 1 order

gets in profit in few seconds for 25 pips by canceling other 2

limit buys.. Now sign "Entry Point Expected"...

Could be another trades coming up soon..
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  • #836
  • Aug 10, 2010 2:15pm Aug 10, 2010 2:15pm
ok guys, here is 5.1 with a new pips toy

enjoy
  • #837
  • Aug 10, 2010 2:39pm Aug 10, 2010 2:39pm
Quoting sashasan
ok guys, here is 5.1 with a new pips toy

enjoy
Loaded and running
  • #838
  • Aug 10, 2010 3:02pm Aug 10, 2010 3:02pm
Quoting SkyzerFX
Yeap, I just look over Geo Original v17 and Backtests are fine as you

already know, so if we just add to original our buy limit/buy stop

and also implement that timing thing, as Sasha mention earlier,

then we should be fine..

Thanks..
so it's like StartHour and EndHour while ea will work and the rest of it will not?
  • #839
  • Aug 10, 2010 3:21pm Aug 10, 2010 3:21pm
Quoting sashasan
so it's like StartHour and EndHour while ea will work and the rest of it will not?
Well, back testing results for original improved for 100% and

that's what it says in description for new added params

"Timed exit controlled via 2 new param
int PositionMaxOpenHours = 7;
int PositionMaxOpenHoursMinProfit = 8; // can be negative if you want to exit with a loss..."

Basically it says if position open 7+ (Variable)

hours and no profit, get the heck out..

P.S

Was going to load new version now, but Already get trades executed, will wait till TP
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  • #840
  • Aug 10, 2010 3:26pm Aug 10, 2010 3:26pm
Sasha, there are some EAs where we find a TimeFilter option.

So if you set it as TRUE, you determine START HOUR and END HOUR.

If you set it as FALSE, it will run 24/7.
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