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Attachments: Basket 14 EA System
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Basket 14 EA System

  • #181
  • Sep 9, 2010 3:44pm Sep 9, 2010 3:44pm
Quoting frazerd
That is amazing. I ran Confirm14_02 for 2 weeks and it never trimmed and never came close to 1% profit, just hovered around break even, up a few $s then down a few. I gave up on it.
My own testing showed that it would trim once in a great while. The problem is that the confirmation criteria are too specific to be useful.

Lately with Basket14 we've been seeing trim action with no satisfactory equity pop because broad-based market moves appear to be unfolding, but have no steam behind them.

The market is knotted up in indecision.
Open to new approaches.
  • #182
  • Sep 9, 2010 3:47pm Sep 9, 2010 3:47pm
Frazer, you might want to try Basket15_Add_01. You asked for something like this a while back, I believe.

Every hour it adds trades to winning pairs. The adder lot size is one tenth of the normal lot size, or the smallest lot size if one-tenth is below the smallest available lot.

A winning pair has to exhibit a profit at least as large as the dollar target in order to get a new trade added for it.

It's hot off the workbench, haven't tested it yet.
Open to new approaches.
  • #183
  • Sep 9, 2010 3:48pm Sep 9, 2010 3:48pm
Here is a screenshot of the comments on that account that has 23 trims right now if that's any help. Max Floating Drawdown -3.56% and Lowest Margin Level (which means more to me) 2533.84%.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot_003 09-Sep-10.gif Size: 8 KB
Frazer
  • #184
  • Sep 9, 2010 3:53pm Sep 9, 2010 3:53pm
Quoting MetaCoder
Frazer, you might want to try Basket15_Add_01. You asked for something like this a while back, I believe.

Every hour it adds trades to winning pairs. The adder lot size is one tenth of the normal lot size, or the smallest lot size if one-tenth is below the smallest available lot.

A winning pair has to exhibit a profit at least as large as the dollar target in order to get a new trade added for it.
Hey, I like the sound of it. I started a demo with Basket_04 last night and it hasn't traded yet. I will replace it with Add_01 mosh scosh. Thanks Meta.
Frazer
  • #185
  • Sep 9, 2010 3:54pm Sep 9, 2010 3:54pm
Folks, keep in mind it's a 500:1 account, that's why the high min equity level.

Minimum equity levels around 300% should be quite safe. I came up with settings that keep us around 200%, pushing the envelope a little. As you test you can tweak the settings for your comfort levels.
Open to new approaches.
  • #186
  • Sep 9, 2010 3:55pm Sep 9, 2010 3:55pm
Quoting frazerd
Hey, I like the sound of it. I started a demo with Basket_04 last night and it hasn't traded yet.
Yeah and as I think I about it I believe it will open trades about as often as Confirm14 trims...

I didn't think that one through as well as I could have.

Version 05 should be more viable. No solid idea if it will increase early profit taking (of course I THINK it will), have to see it working.
Open to new approaches.
  • #187
  • Sep 9, 2010 4:15pm Sep 9, 2010 4:15pm
I just downloaded Add_01. You didn't provide an explanation in Post #1, but I opened the file and it appears from your explanation there that this one only adds to winning pairs and does no trimming at all. Is that correct?

I was hoping it would do both. I will have it up and running very shortly.
Frazer
  • #188
  • Sep 9, 2010 4:42pm Sep 9, 2010 4:42pm
No trimming, only adding. I guess I thought reversing a trimmed trade, which we currently do, would be about the same as trimming and adding to a winner. I want to see what happens if we just add to winners.
Open to new approaches.
  • #189
  • Sep 9, 2010 4:45pm Sep 9, 2010 4:45pm
Quoting MetaCoder
No trimming, only adding. I guess I thought reversing a trimmed trade, which we currently do, would be about the same as trimming and adding to a winner. I want to see what happens if we just add to winners.
We'll see. I have it running, but it will be a while before any pair reaches the $43.64 Dollar Profit Target.
Frazer
  • #190
  • Sep 9, 2010 4:51pm Sep 9, 2010 4:51pm
I found a bug in Basket14_Add. I fixed it and reuploaded to the first post.
Open to new approaches.
  • #191
  • Sep 9, 2010 6:52pm Sep 9, 2010 6:52pm
Quoting MetaCoder
Frazer, you might want to try Basket15_Add_01. You asked for something like this a while back, I believe.

Every hour it adds trades to winning pairs. The adder lot size is one tenth of the normal lot size, or the smallest lot size if one-tenth is below the smallest available lot.

A winning pair has to exhibit a profit at least as large as the dollar target in order to get a new trade added for it.

It's hot off the workbench, haven't tested it yet.
When you say every hour, what exactly occurs? Is it every hour at the top of the hour, or exactly an hour from when the initial trade was opened, or does it have to be on the h1 chart?
Thanks. I am keeping an eye on it to see when it will open an add trade, as I have a few pairs that are sitting over the target dollar and nothing has opened yet. Will let u know in the next hour if they still don't open
  • #192
  • Sep 9, 2010 7:01pm Sep 9, 2010 7:01pm
got my answer i guess, just opened two addon trades exactly at 04:00, so it's on the top of the hour apparently
  • #193
  • Sep 9, 2010 7:32pm Sep 9, 2010 7:32pm
Quoting MetaCoder
Lately with Basket14 we've been seeing trim action with no satisfactory equity pop because broad-based market moves appear to be unfolding, but have no steam behind them.
All of my Basket EAs (3) have closed on equity pop at least once this week and the 01 set to ET 2 closed twice, but not since yesterday.
Frazer
  • #194
  • Edited 4:01am Sep 10, 2010 1:45am | Edited 4:01am
I haven't had a pop in almost 2 days. (45 hrs). Basket 14.03. Trimmed twice.

I've opened a new one for the Basket14_add_01. It says max trades =14. Should that be changed? to allow for the additional trades?
Thank you.
s
  • #195
  • Sep 10, 2010 5:00am Sep 10, 2010 5:00am
I am experimenting with using both basket 14 (2 exceedence) and confirm 14 together. This so far is showing reaching quick equity target and closing of trades more often.
What do you all think?

I am also looking at the EAs as indicator only and taking cut n reverse trades in real account but later once I am experienced with this method of trading.
  • #196
  • Sep 10, 2010 6:29am Sep 10, 2010 6:29am
Quoting sanyhuis
I haven't had a pop in almost 2 days. (45 hrs). Basket 14.03. Trimmed twice.

I've opened a new one for the Basket14_add_01. It says max trades =14. Should that be changed? to allow for the additional trades?
Thank you.
s
It is not unusual to go 2 days or more without a close-all. You have probably seen on my spreadsheets where 1 EA did not have a close-all for 2 weeks but still gained 10% for the month. With only 2 trims you certainly have nothing to be concerned about. You just have to be patient during the long trim periods.

I'm not sure about the 14 trade setting. Someone yesterday said they had 2 add on trades open so unless they had changed that setting I would say it doesn't matter. However, it will take a long time for an individual pair to reach the Dollar Profit Target, so don't be looking for any new trades too soon.
Frazer
  • #197
  • Sep 10, 2010 7:10am Sep 10, 2010 7:10am
In reply to your post: I am running Confirm14_03 not the 02 version. Three days and I have 3%. I am exicted about this and want to thank you and Meta for putting this up so that we demo it and maybe go live with it.
Thanks Juiceman
  • #198
  • Sep 10, 2010 8:53am Sep 10, 2010 8:53am
MaxTrades is only to limit the number of initial trades, not the add-ons.
Open to new approaches.
  • #199
  • Sep 10, 2010 8:54am Sep 10, 2010 8:54am
Quoting juiceman
In reply to your post: I am running Confirm14_03 not the 02 version. Three days and I have 3%. I am exicted about this and want to thank you and Meta for putting this up so that we demo it and maybe go live with it.
Thanks Juiceman
I'm glad Confirm14_03 is working well for you. Maybe its specific trim criteria works better than Basket14 for choppy action.
Open to new approaches.
  • #200
  • Sep 10, 2010 9:40am Sep 10, 2010 9:40am
Meta: I am approaching a 10% drawdown is this ok?? Juiceman
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