Six-pair "Looser" Strategy EA Discussion | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker talk 46 replies

Dealing with "Invalid Price", "Requote", "Server Busy" in MT4 3 replies

Looser Trading System (Version 0.01-1/3) 595 replies

"Never turn a winner into a looser" - Myth or Reality? 32 replies

Why not let your Looser's ride ??? 12 replies

Attachments: Six-pair "Looser" Strategy EA Discussion
Exit Attachments

Six-pair "Looser" Strategy EA Discussion

  • #21
  • Aug 28, 2010 12:40pm Aug 28, 2010 12:40pm
Quoting MetaCoder
You're not paying attention at all.

There are already several working EAs.

And eTrader and a few others are actively demonstrating the viability of the system.

Silly shoot-from-the-hip drive-by's....
demonstrating the viability?

i'm afraid the profitability of this system is non-existent long term.
Enter Signature
  • #22
  • Aug 28, 2010 2:06pm Aug 28, 2010 2:06pm
Quoting vosterfxandy
demonstrating the viability?

i'm afraid the profitability of this system is non-existent long term.
Well, as they say, opinions are like butt holes and everybody has one. You are entitled to yours just like everyone else.

It is working well in the short term for eTrader with his entry/direction system. The validity of your negative opinion will not be known until it has been tested long term. Meanwhile, if you are so negative about this strategy, why don't you just move on to another thread. Your negativism will not be missed here.
Frazer
  • #23
  • Aug 28, 2010 3:18pm Aug 28, 2010 3:18pm
Quoting vosterfxandy
demonstrating the viability?

i'm afraid the profitability of this system is non-existent long term.
YES, that's what I said. Another person NOT paying attention.
Open to new approaches.
  • #24
  • Aug 28, 2010 3:20pm Aug 28, 2010 3:20pm
Quoting frazerd
MetaCoder, does the code include eTraders guidance to trade only when the crossing is in the top or bottom of the RVI window as opposed to when it's near the middle? As stated by eTrader here

"Precise signals:
Sell when the lines are crossing at the top part of the RVI indicator frame
Buy when the lines are crossing at the bottom part of the RVI indicator frame.
Close the position according to the RVI indicator."

and here

"The cross of the RVI line with signal line above the high level for a short trade and the cross...
It is possible to code it. I think I'll cool it on new versions of the EA for this strategy for a while, though.

I like OUR strategy quite a bit better...you know the one.
Open to new approaches.
  • #25
  • Aug 29, 2010 10:26am Aug 29, 2010 10:26am
Quoting MetaCoder
It is possible to code it. I think I'll cool it on new versions of the EA for this strategy for a while, though.

I like OUR strategy quite a bit better...you know the one.
OK, but I wasn't thinking of it as a new version, just a refinement to the last version(09) to make it closer to what eTrader is doing manually.
Frazer
  • #26
  • Aug 30, 2010 10:58am Aug 30, 2010 10:58am
i think u need to add this
if (!IsExpertEnabled() || valStopAfterNoTrades) return(0);
  • #27
  • Aug 30, 2010 11:01am Aug 30, 2010 11:01am
Yes, my version 10 also didn't stop trading.
  • #28
  • Aug 30, 2010 11:40am Aug 30, 2010 11:40am
Sorry guys, I haven't test ver 10 and I'm sure I could have made a boo-boo.

You're pretty sure the new trades aren't the reversals after stopouts, but all six pairs are erroneously being opened after profit or after two rounds of stopouts??
Open to new approaches.
  • #29
  • Aug 30, 2010 11:44am Aug 30, 2010 11:44am
Quoting frazerd
OK, but I wasn't thinking of it as a new version, just a refinement to the last version(09) to make it closer to what eTrader is doing manually.
Yes, I understand what you were asking. I think I'll halt all work on this line of EAs until the strategy is proven all-weather.
Open to new approaches.
  • #30
  • Aug 30, 2010 11:46am Aug 30, 2010 11:46am
metacoder, can you fix ver10 for closing orders and post it here. close all by endtime.
  • #31
  • Aug 30, 2010 11:48am Aug 30, 2010 11:48am
No more mods by me until further notice, sorry. The source code has been downloaded by several folks and any desired changes can be done by others.
Open to new approaches.
  • #32
  • Aug 30, 2010 12:15pm Aug 30, 2010 12:15pm
Can anybody fix the issue?
I would try, but have no programming skills.
  • #33
  • Edited 9:47pm Aug 30, 2010 9:27pm | Edited 9:47pm
I started LooserKM_09 last night. It worked perfectly. Why use LooserKM_10 when 09 does the same thing, but continues to open the 6 trades again any time the eTrader conditions are met. I really like how the 09 version worked today (2.09% gain). Don't worry about fixing version 10, just use 09.
Attached File(s)
File Type: xls LooserKM_09_500-1.xls   30 KB | 380 downloads
Frazer
  • #34
  • Aug 30, 2010 11:33pm Aug 30, 2010 11:33pm
Good suggestion Frazerd. I like the v9 also.
It has done very well for me today.
  • #35
  • Aug 31, 2010 4:13am Aug 31, 2010 4:13am
Quoting MetaCoder
Version 07 uploaded. It calculates a 6-pair RVI indicator which I think is similar or the same as what eTrader uses. At least two 24-hour high/low breaches are still required to enter trades.

I calculate the multipair RVI like this:

[code]...

Hello MetaCoder,

Concerning: LooserKissMe_09

In Theory:
When the Main RVI Line crosses up the RVI Signal line: LONG
When the Main RVI Line crosses down the RVI Signal line: SHORT

With your Variables:
When SixPair_rvi crosses up (>) SixPair_rviSignal then LONG
When SixPair_rvi crosses down (<) SixPair_rviSignal then Short

Main RVI Line = SixPair_rvi
RVI Signal Line = SixPair_rviSignal

Check your code:

//+------------------------------------------------------------------+
//| Determine whether to open all long or all short. |
//+------------------------------------------------------------------+

if (SixPair_rviSignal > SixPair_rvi)
 {
BiasString = "LONG";
}
else
if (SixPair_rviSignal < SixPair_rvi)
 {
BiasString = "SHORT";
}
return(0);
}


It has to be:

if (SixPair_rvi > SixPair_rviSignal)
 {
BiasString = "LONG";
}
else
if (SixPair_rvi < SixPair_rviSignal)
 {
BiasString = "SHORT";
}
return(0);
}

Regards and trade well,
eTrader,
  • #36
  • Aug 31, 2010 9:40am Aug 31, 2010 9:40am
Quoting eTrader
Hello MetaCoder,

Concerning: LooserKissMe_09

In Theory:
When the Main RVI Line crosses up the RVI Signal line: LONG
When the Main RVI Line crosses down the RVI Signal line: SHORT

With your Variables:
When SixPair_rvi crosses up (>) SixPair_rviSignal then LONG
When SixPair_rvi crosses down (<) SixPair_rviSignal then Short

Main RVI Line = SixPair_rvi
[color=black]RVI...

Hi eTrader

if ((SixPair_rvi > SixPair_rviSignal) && (SixPair_rviSignal < 0) ) for LONG is OK ???.

We must take into account the value 0 or not?

PERIOD_M15 is correct? or is it better H1 or H4?

Regards
Lordorly
  • #37
  • Aug 31, 2010 10:57am Aug 31, 2010 10:57am
Quoting lordorly
Hi eTrader

if ((SixPair_rvi > SixPair_rviSignal) && (SixPair_rviSignal < 0) ) for LONG is OK ???.

We must take into account the value 0 or not?

PERIOD_M15 is correct? or is it better H1 or H4?

Regards
Lordorly
If you are talking about the EA you need to read the first post in this thread - any chart, any time frame, only 1 chart.

If you are talking about manual trading of the Looser system, there is another thread for that.
Frazer
  • #38
  • Edited 11:14am Aug 31, 2010 11:03am | Edited 11:14am
Quoting frazerd
If you are talking about the EA you need to read the first post in this thread - any chart, any time frame, only 1 chart.

If you are talking about manual trading of the Looser system, there is another thread for that.

Sorry Frazerd

I am asking for the signal selection algorithm (long, short)

Metatrader used in v9.0, I humbly do not follow the method used by eTrade.

Period_M15 parameter RVI indy.

0 = level indy RVI

Regards

Lordorly
  • #39
  • Aug 31, 2010 1:19pm Aug 31, 2010 1:19pm
this similar to Appaloosa EA which uses a RVI indicator which combines the rvi of 6 pairs... but the coding isn't as advanced as this or well thought out.
  • #40
  • Aug 31, 2010 9:26pm Aug 31, 2010 9:26pm
My LooserKM_09 demo has not done well today. 3 pairs have stopped out twice, leaving 3 pairs open and all are winners, but a looong way from the 1% TP. I have lowered the ProfitTarget to 0.1 hoping to take just a couple $s profit, but even that is a long way off.

When this group of trades closes I will start using 0.5 ProfitTarget to see how that works out.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot_001 31-Aug-10.gif Size: 29 KB
Frazer
0 traders viewing now