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Attachments: Basket 14 EA System
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Basket 14 EA System

  • #381
  • Sep 16, 2010 1:23pm Sep 16, 2010 1:23pm
Add on = 8 pops in 5 days.
  • #382
  • Sep 16, 2010 1:35pm Sep 16, 2010 1:35pm
Changed lot size back to 0.1 and MaxMarginToUse is at 0.2. UseSmallestLot = false

So I think now I am good to go and the system will open 0.02 lots (not 0.1). Right?
  • #383
  • Sep 16, 2010 1:49pm Sep 16, 2010 1:49pm
Quoting forexripper
Changed lot size back to 0.1 and MaxMarginToUse is at 0.2. UseSmallestLot = false

So I think now I am good to go and the system will open 0.02 lots (not 0.1). Right?
Well I can't guarantee it, but I think that will happen.
Frazer
  • #384
  • Sep 16, 2010 2:27pm Sep 16, 2010 2:27pm
First pop on 14_03 came at 18 hours. 03a still churning.
  • #385
  • Sep 16, 2010 2:38pm Sep 16, 2010 2:38pm
Hmmm, I just started a demo with this EA and it opened the 14 trades immediately. Did yours ever open trades, forexripper?
Frazer
  • #386
  • Sep 16, 2010 4:04pm Sep 16, 2010 4:04pm
Quoting Jessica00
I red that EA's doesn't work, so how come you are offering such a unsure way to make money?


Jessica
Do you believe everything you read, or do you test things out for yourself?
Open to new approaches.
  • #387
  • Edited 4:59pm Sep 16, 2010 4:45pm | Edited 4:59pm
Here are two hybrid of Basket14_03 and Basket14_Add_01.

When ver 03 trims, it does not open a reverse trade on the trimmed pair as Basket14_03 does, but it does add trades every hour as Basket14_Add_01 does. I can foresee problems with not taking the reverse trades, because the larger-lot-size trades could become depleted.

Ver 04 trims and reverses as Basket14_03 does, plus it adds trades every hour as Basket14_Add_01 does.
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v
Attached File(s)
File Type: mq4 Basket14_Add_03.mq4   50 KB | 264 downloads
File Type: mq4 Basket14_Add_04.mq4   51 KB | 298 downloads
Open to new approaches.
  • #388
  • Sep 16, 2010 4:56pm Sep 16, 2010 4:56pm
Quoting MetaCoder
It's a ver 02 of the Add EA. It uses one-tenth the customary lot size across the board and maintains that same small lot size for the added trades.
Just so everyone who may be using different leverage and MaxMarginToUse settings knows - MC did this by making MaxMarginToUse default to 0.1 rather than 1.0 as before. That setting is for a 100:1 leverage I think.

Those of us who were using other MaxMarginToUse settings with other than 100:1 leverage, need to set it to 1/10 of whatever we were using before. Before I realized this I had already started the EA with a setting of 0.2, as usual.

So forexripper, you and I need to reset MaxMarginToUse to 0.01, which won't make much difference in your $2000 account. It will just open .01 lots next time it opens the basket rather than the .02 it should have opened when you set it up as described above.
Frazer
  • #389
  • Sep 16, 2010 5:03pm Sep 16, 2010 5:03pm
Quoting MetaCoder
Here are two hybrid of Basket14_03 and Basket14_Add_01.
Thank you so much MC for humoring me once again.

QUESTION: Is your intent with these to use the very small initial lot sizes as in Add_02? Seems like that would work better for Add_03 for sure.
Frazer
  • #390
  • Sep 16, 2010 5:21pm Sep 16, 2010 5:21pm
The lot sizes start out normal. You favor starting out with small lot sizes?

If the Basket14 strategy is the backbone, we won't get to our profit objective via that set of tactics if all lot sizes are 1/10th normal.
Open to new approaches.
  • #391
  • Sep 16, 2010 6:07pm Sep 16, 2010 6:07pm
Quoting MetaCoder
The lot sizes start out normal. You favor starting out with small lot sizes?

If the Basket14 strategy is the backbone, we won't get to our profit objective via that set of tactics if all lot sizes are 1/10th normal.
Well, that's what I thought when you said Add_02 would use the 1/10 lot sizes across the board. It will take an awful long time to reach the 1%.

I figured I was just too dumb to see it and if it would work there it might work better in Add_03 as well. ???
Frazer
  • #392
  • Sep 16, 2010 6:22pm Sep 16, 2010 6:22pm
Keep up the good work MC..... and Frazerd, you're one smart dude. I read your "birthday post" a while back and I think that's AWESOME.

Maybe one day I'll contribute something that might actually be worthwhile but for now... I got'ta run

peace/out

TR
  • #393
  • Sep 16, 2010 9:09pm Sep 16, 2010 9:09pm
Quoting frazerd
Hey Paul, you should not expect to take profit every day with these EAs. We aren't quite at that point yet, but we may get there with all the good ideas coming from this forum. The only problem is MC is just one person and he will have his hands full trying to code all...
This is very interesting, I have had two Basket14_01 ET2 2% Margin 1% profit on 100:1 accounts (real money) since the start of trading on Monday (or Sunday night depending where you are). One is up over 8% and one just over 11% The reason one is lower than the other is that it started at a slightly different time & got stuck trimming and reversing for a while while the other one didn't. Maybe this is broker dependant? I'm with GoMarkets.
  • #394
  • Sep 16, 2010 9:18pm Sep 16, 2010 9:18pm
Here is version 2 of what I have been working on. It measures the linear regression point of each currency pair in the basket, then calculates the standard deviation away from the regression point and expresses it as a percentage of the current price. What this means is the numbers of each pair can be directly compared. A positive percentage means it's above it's regression point & you therefore want to sell it, negative means buy.

Over the weekend I will alter Basket14_01 to open the initial trades using this system. I will experiment with two methods. Firstly adding up the percentages for each basket & opening each basket in one direction, and secondly opening each individual currency pair in the direction calculated by the indicator. Interestingly if you set the indicator to a slightly larger time frame often all of the currency pairs are in one direction - so maybe there is something to the open in one direction method?
Attached File(s)
File Type: mq4 Multipair Std Dev.mq4   4 KB | 409 downloads
  • #395
  • Sep 16, 2010 10:05pm Sep 16, 2010 10:05pm
Quoting skoda2008
This is very interesting, I have had two Basket14_01 ET2 2% Margin 1% profit on 100:1 accounts (real money) since the start of trading on Monday (or Sunday night depending where you are). One is up over 8% and one just over 11% The reason one is lower than the other is that it started at a slightly different time & got stuck trimming and reversing for a while while the other one didn't. Maybe this is broker dependant? I'm with GoMarkets.
I don't think it's broker dependent. I think it has a great deal to do with timing. If you are lucky you start your EA and catch a good cycle and it just works great, never getting caught in a long trimming period. On the other hand, you can start one maybe only a short time later and it catches a bad cycle and gets bogged down in longer trimming periods. I've seen that happen often with demos.

More to the point, I also opened a live GoMarkets account with Bskt14_01 last Thursday 500:1 , ET 2, MaxMargin 0.2, ProfitPct 1. Soon after opening it got into a trimming cycle (11 trims) and did not get the first close-all until yesterday. It subsequently closed 1 more time yesterday after only 1trim, but is now sitting with 3 trims and needs $17 more to reach next close-all. It should come soon, but that will just be the 3rd one. And I only have 2% profit and mine has been running 2 days longer than yours. EDIT: Just closed again, so now I'm up about 3%.

Now if we could just figure out how to catch the right "cycle" we would be in good shape. Getting the buys and sells right using something like you are proposing may be the answer.

It sounds like you may be a programmer. That will sure help MC keeping up with all the new ideas he is getting.
Frazer
  • #396
  • Sep 16, 2010 10:36pm Sep 16, 2010 10:36pm
I have been running 14_03a on two demos, one at GoMarkets and another at FxOpen since yesterday evening.
The GM account has taken 2 close all profits and the FxOpen account has been in DD , currently -170, for a day and a half now..
Both are default except 2.0 margin account of being 1:100
and the GMarket demo set with a ET of 2 while the FxO account is ET 3...

I will add that the FxOpen demo has not closed any losing trades yet and there are a couple over -200. I would have thought these would have been closed and reopened in the opposite direction before now....

No errors are present in the journal though.. And really I want to wait it out to see if it can dig itself out....

Very interesting .
  • #397
  • Sep 16, 2010 11:13pm Sep 16, 2010 11:13pm
Quoting tommyd
I have been running 14_03a...
Tommy, you need to understand how the EA works and what the ET does. ET 3 will almost always be slower to take profit than ET 2 because the conditions to be met before trimming losers is more stringent. However, the trade off is that ET 2 will trim more often and cause larger drawdowns for hopefully short periods before taking profit. For folks who do not like to see several consecutive losing trades and big PL drawdowns in their account, ET 3 is the best way to go.

On a 100:1 acct using MaxMargin 2, I'm not sure what that looks like in number of lots per trade, but a trade at -200 may not be unusual at all. Before those biggest losers are trimmed, 3 pairs must have exceeded thier 24 hour High/Low. If you had a 3rd pair at -200 they might start closing, assuming 200 is the 24 hour high/low. On the other hand, Et 2 would have trimmed when the second pair hit -200.

Having said all that, there is a difference in brokers. GoMarkets is a non dealing desk broker so you get direct price feeds and they get processed much quicker and are not manipulated by the broker. I don't know anything about FxOpen, but if they use a dealing desk, that could account for some of the difference.
Frazer
  • #398
  • Sep 17, 2010 2:40am Sep 17, 2010 2:40am
I have been demo basket 2 for 3weeks now and although it is profitable It does not initiate a trade when the 24 hour high of a pair is seen. Do I understand the concept correctly Previous post by Frazerd indicated that he had the same experience with basket 2
I have also entered a demo in the opposite direction to what the ae recommends
That is enter manually on the ea when the pair is a buy , sell and vise versa
Presumably one of the two demos should trigger if they go 1% in profit
  • #399
  • Sep 17, 2010 4:47am Sep 17, 2010 4:47am
Quoting frazerd
I don't think it's broker dependent. I think it has a great deal to do with timing. If you are lucky you start your EA and catch a good cycle and it just works great, never getting caught in a long trimming period. On the other hand, you can start one maybe only a short time later and it catches a bad cycle and gets bogged down in longer trimming periods. I've seen that happen often with demos.

More to the point, I also opened a live GoMarkets account with Bskt14_01...
Can't disagree with anything you've said (makes a nice change for an internet forum doesn't it!). Looks like I got lucky with my timing. As you say, quantifying a good entry time from a bad one is the key...
  • #400
  • Sep 17, 2010 5:28am Sep 17, 2010 5:28am
Quoting skoda2008
Here is version 2 of what I have been working on....
Looks like I uploaded the half finished version & deleted the finished one. Oh, well doesn't matter, you can still get the idea & I'll work on the EA over the weekend.
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