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Attachments: Looser Trading System (Version 0.01-1/3)
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Looser Trading System (Version 0.01-1/3)

  • #441
  • Aug 24, 2010 1:24pm Aug 24, 2010 1:24pm
In order to be better able to analyze my results, I always sort the Account History by closing time and copy the info from my account statement into a Excell spreadsheet. Here is the Looser_03 analysis with my comments along the right side.
Attached File(s)
File Type: xls Looser_03 Analysis_08-24-10.xls   58 KB | 336 downloads
Frazer
  • #442
  • Aug 24, 2010 1:32pm Aug 24, 2010 1:32pm
Quoting MetaCoder
Same as ver 04 but with no time criteria for entries and exits.

Been doing some forward with some older versions and was looking at the new ones and noticed the inputs to trade either long or short is gone. I have been picking my direction and think it has potential but the v5 I am looking at sells only. I'm I missing something ?
  • #443
  • Aug 24, 2010 2:26pm Aug 24, 2010 2:26pm
Quoting turboguru
Been doing some forward with some older versions and was looking at the new ones and noticed the inputs to trade either long or short is gone. I have been picking my direction and think it has potential but the v5 I am looking at sells only. I'm I missing something ?
Yes, you are missing something. Version 05 only opens trades when and in the direction that MetaCoder's criteria dictate. If you want to determine time and direction for opening trades you need to use version 03. Also, check my analysis of that version above and make appropriate adjustments.

The different versions each do things a little differently. The latest version is not necessarily the only one you want to use. You need to keep up with MetaCoder's posts to see what each version does and which one you want to use.
Frazer
  • #444
  • Aug 24, 2010 2:48pm Aug 24, 2010 2:48pm
Quoting frazerd
I use all the default settings except for MinStdEquity is 500 rather than 10000 and I currently have OpenHour set to 13 and CloseHour set to 17. I am opening short with BiasShort true and BiasLong false. I had a lot of activity yesterday and more this morning, but have not had time to analyze the results. Will report results later today.
Are you sure this EA is working for 5 digits broker ?
No trade....
Please could you post a set for that ?
  • #445
  • Aug 24, 2010 2:53pm Aug 24, 2010 2:53pm
Quoting frazerd
Yes, you are missing something. Version 05 only opens trades when and in the direction that MetaCoder's criteria dictate. If you want to determine time and direction for opening trades you need to use version 03. Also, check my analysis of that version above and make appropriate adjustments.

The different versions each do things a little differently. The latest version is not necessarily the only one you want to use. You need to keep up with MetaCoder's posts to see what each version does and which one you want to use.
Well not sure about certain criteria it took trades when it was dropped just like the other I was using.

Also stats look great but all sells. I trade pretty well but like the idea of spreading risk a little. I think this could be nice for sure.
  • #446
  • Aug 24, 2010 3:35pm Aug 24, 2010 3:35pm
Quoting frazerd
Version 05 only opens trades when and in the direction that MetaCoder's criteria dictate.
Same with version 04.
Open to new approaches.
  • #447
  • Aug 24, 2010 3:36pm Aug 24, 2010 3:36pm
Quoting madscalp
Are you sure this EA is working for 5 digits broker ?
No trade....
Please could you post a set for that ?
See this post, it could apply to you.
Open to new approaches.
  • #448
  • Aug 24, 2010 3:37pm Aug 24, 2010 3:37pm
Quoting frazerd
In order to be better able to analyze my results, I always sort the Account History by closing time and copy the info from my account statement into a Excell spreadsheet. Here is the Looser_03 analysis with my comments along the right side.
Was your statement generated with the newer 03 from this post?

http://www.forexfactory.com/showpost...&postcount=384

If not, it could explain some of the odd things you were seeing.
Open to new approaches.
  • #449
  • Aug 24, 2010 3:57pm Aug 24, 2010 3:57pm
Quoting MetaCoder
Was your statement generated with the newer 03 from this post?

http://www.forexfactory.com/showpost...&postcount=384

If not, it could explain some of the odd things you were seeing.
Yes, it is the latest 03.
Frazer
  • #450
  • Aug 24, 2010 4:05pm Aug 24, 2010 4:05pm
Quoting MetaCoder
Was your statement generated with the newer 03 from this post?

http://www.forexfactory.com/showpost...&postcount=384

If not, it could explain some of the odd things you were seeing.
After analysing it, I don't think it is odd things I'm seeing. I think the EA is doing exactly what it was designed to do. I think the "odd" things are a result of the InitProfitMultiple, ProfitMultipleTrail and the market action. Looks to me like the trail settings need to be adjusted to prevent the "odd" things.

I have changed InitProfitMultiple to 1.05 and ProfitMultipleTrail to .005. That should give some different results when the EA starts trading again at OpenHour 13 tomorrow.
Frazer
  • #451
  • Aug 24, 2010 4:23pm Aug 24, 2010 4:23pm
I think you want InitProfitMultiple at 1.01 not 1.05.
Open to new approaches.
  • #452
  • Aug 24, 2010 5:18pm Aug 24, 2010 5:18pm
Bump.

http://www.forexfactory.com/showpost...&postcount=439
Open to new approaches.
  • #453
  • Aug 24, 2010 5:28pm Aug 24, 2010 5:28pm
Quoting madscalp
Are you sure this EA is working for 5 digits broker ?
No trade....
Please could you post a set for that ?
Here are screenshots of my settings copied to a word doc.
Attached File(s)
File Type: doc User Settings for LooserKissMe_03.doc   39 KB | 377 downloads
Frazer
  • #454
  • Aug 24, 2010 5:29pm Aug 24, 2010 5:29pm
Quoting MetaCoder
I think you want InitProfitMultiple at 1.01 not 1.05.
OK, I'll change that. Thanks
Frazer
  • #455
  • Aug 25, 2010 12:30am Aug 25, 2010 12:30am
MetaCoder,

Your EAs are very much appreciated.

Thank you.

Also, thanks to E Trader for posting his results.
  • #456
  • Aug 25, 2010 1:22am Aug 25, 2010 1:22am
Quoting MetaCoder
See this post, it could apply to you.
version 4 works with 5 digit broker fine.
  • #457
  • Aug 25, 2010 1:33am Aug 25, 2010 1:33am
Quoting Looser
eTrader you are really a genuine trader !!!!!

No Words for you !!!




Thank You for the compliments and for publishing the strategy on Forex Factory !

eTrader,
  • #458
  • Aug 25, 2010 1:46am Aug 25, 2010 1:46am
@eTrader

Wich one version you are testing?

Rgds
  • #459
  • Aug 25, 2010 1:58am Aug 25, 2010 1:58am
Quoting frazerd
Here are screenshots of my settings copied to a word doc.
Many thx for your help
  • #460
  • Aug 25, 2010 2:28am Aug 25, 2010 2:28am
I absolutly don't know how to use this ea!
The idea is very interesting thats the reasonwhy i want to backtest it.
You have 5 versions of this ea but just one is for download
How to use this EA? I placed it on EURUSD 1h chart made the settings and the ea like to start set all orders but every order has an error mail. Can anybody help me plaease?
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