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Simple H1 GBPUSD EA

  • #9,221
  • Oct 6, 2010 3:33am Oct 6, 2010 3:33am
Quoting MacMG
Hmmm..

We've got two thumbs down and one up so far
no trade for tonight I'm afraid.

Goodnight to all.

Mac.

Goodmorning.

Alpari-live
01:35 3x long 20+9+6=35pips

Oh Geoff & Pip...

Regards
Mac
  • #9,222
  • Oct 6, 2010 4:12am Oct 6, 2010 4:12am
Quoting jiva34
Regarding recent changes by CFTC. FXDD has made some "backroom adjustments so that traders are not affected by FIFO or anti-hedging and use of ea. Where there's a will there's a way.
From chat with Alex FXDD:
[i]Alex S.: According to the FIFO rule, all open trades on a specific pair must be treated as a single position. Report Viewer, which is FXDD Backoffice follows a concept of weighted average. It displays a single value that is meant to typify a list of values that are within the same category (same currency pair).
Alex S.: So, your MetaTrader,...
mql5 uses the opposite of the the opened position to close the current position. I know FXDD has already released their MT5 I tested some of my experts on it and got different results from those of metaquotes MT5 I never really checked why but I assumed it was my FXDD data not accurate let me check why before I say anything further to incriminate myself
  • #9,223
  • Oct 6, 2010 6:21am Oct 6, 2010 6:21am
Quoting fxfundsbank
mql5 uses the opposite of the the opened position to close the current position. I know FXDD has already released their MT5 I tested some of my experts on it and got different results from those of metaquotes MT5 I never really checked why but I assumed it was my FXDD data not accurate let me check why before I say anything further to incriminate myself
Like I said, on MQL5 to close a position u open the opposite of the position u wish to close. So I couldn't think of a way FXDD could by pass that without changing the language itself. MQL5 is deal based so hedging just won't work, or rather the method of opening opposite positions. I consulted my statements and they have proven me right
  • #9,224
  • Oct 6, 2010 7:30am Oct 6, 2010 7:30am
Quoting sanyhuis
I'm out with +22 and +7. Thank you Sir.
Sky, you too!
You're welcome, all credits goes to Geo and Pip
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #9,225
  • Edited 2:07pm Oct 6, 2010 1:54pm | Edited 2:07pm
Quoting fxfundsbank
Like I said, on MQL5 to close a position u open the opposite of the position u wish to close. So I couldn't think of a way FXDD could by pass that without changing the language itself. MQL5 is deal based so hedging just won't work, or rather the method of opening opposite positions. I consulted my statements and they have proven me right
You could open a chat online and get the straight talk right from the horse's mouth about what FXDD, mlq5, etc. can and cannot do. Maybe they know something or have something planned that we don't know about.
http://www.worldofstock.com/slides/NAN5999.jpg
  • #9,226
  • Oct 6, 2010 4:49pm Oct 6, 2010 4:49pm
Looks like set up long possible
Good luck all.
Have to take rest now.
Ea on auto...
17a x3x FXDD
  • #9,227
  • Oct 6, 2010 5:58pm Oct 6, 2010 5:58pm
Quoting jiva34
Looks like set up long possible
Good luck all.
Have to take rest now.
Ea on auto...
17a x3x FXDD
Yeah, even considering lot's of Employment US data Long should be fine

thought I think overnight rise is very limited... I'm sure after tomorrow

Numbers, ppl will jump on Dollar short trade again.. Just a temp

set back for a while... US FED just start devaluation, plenty room

upside..
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  • #9,228
  • Oct 6, 2010 6:36pm Oct 6, 2010 6:36pm
'Lo all - glad to see all the usual suspects are still here

I've searched the forum, but couldn't find any discussion regarding my question - please pardon me if this has been discussed, I have a bit of catching up to do...

I've been tinkering with my settings, especially the iTrailingStop. Try as I might, I'm having a hard time getting my mind around how it works.

I'm using a single trade setup (TP 1=1,000, TP 2=0, TP 3=0)

I'm taking the TP 1 to 1,000 so that it's completely out of play (ie, I'm pretty sure it won't get hit)

useTrailing=True

iTrailingStop (gets Optimized from 0 to 100)

iTrailingStopOffset_Pos3=-10 (tested it from -10 to +10 - didn't seem to make any difference, but the results varied Ever So Slightly...).

With this setup, would somebody please help me understand what the value of iTrailingStop is actually doing?

My goal is to let a trade that's running, well, run free

I've checked the Results in my various optimization runs & I can't make sense of what it's doing, but I do know that when I optimize on just the iTrailingStop value, then I get results that change dramatically.

TIA (Thanks in advance

Franko
  • #9,229
  • Oct 6, 2010 6:42pm Oct 6, 2010 6:42pm
Quoting fcbrants
my settings, especially the iTrailingStop. Try as I might, I'm having a hard time getting my mind around how it works.

I'm using a single trade setup (TP 1=1,000, TP 2=0, TP 3=0)

I'm taking the TP 1 to 1,000 so that it's completely out of play (ie, I'm pretty sure it won't get hit)

useTrailing=True

iTrailingStop (gets Optimized from 0 to 100)

iTrailingStopOffset_Pos3=-10 (tested it from -10 to +10 - didn't seem to mak
===

Do you have an Idea what trailing stop means?

You know, it's like a monkey playing pilot in cockpit of the Boeing 747.

Download EA and Set files and use default settings, cause you obviously don't

have a clue what it's going on and how it's working..


P.S

LONGS get triggered here (anybody else?)
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #9,230
  • Oct 6, 2010 7:00pm Oct 6, 2010 7:00pm
skyz, no longs triggered here. But I think your analysis is spot on that we have at least until tomorrow to grab our little pips and then to watch for the fed to do some manipulation increasing the strength of the dollar at least in the short term.

I am thinking about shorting the EU as I think that bubble is at least ready for a pullback to the 1.35 zone before getting back in action to the 1.42 area.
  • #9,231
  • Oct 6, 2010 7:03pm Oct 6, 2010 7:03pm
Quoting CUtiger95
skyz, no longs triggered here.
Alright, I change my mind, since tomorow very important data, I closed

all orders, while not in loss. I'll wait till tomorrow and short $USD then,

after the fact, good night everyone
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #9,232
  • Oct 6, 2010 7:21pm Oct 6, 2010 7:21pm
Quoting SkyzerFX
===

Do you have an Idea what trailing stop means?

You know, it's like a monkey playing pilot in cockpit of the Boeing 747.

Download EA and Set files and use default settings, cause you obviously don't

have a clue what it's going on and how it's working..


P.S

LONGS get triggered here (anybody else?)
Yes, I have longs triggered demo and live.
  • #9,233
  • Oct 6, 2010 7:47pm Oct 6, 2010 7:47pm
Thanks Sky,

You know me, blind pig & all.

I know what a trailing stop does, but I just don't see how the value of iTrailingStop is affecting my trade.

When I check my results after a StrategyTester run, I can only see the Price (the original price at which the trade was entered) and the SL, so I can't see the actual price action at which the SL was modified.

Any help would be appreciated.

Franko

Quoting SkyzerFX
===

Do you have an Idea what trailing stop means?

You know, it's like a monkey playing pilot in cockpit of the Boeing 747.

Download EA and Set files and use default settings, cause you obviously don't

have a clue what it's going on and how it's working..


P.S

LONGS get triggered here (anybody else?)
Attached Image (click to enlarge)
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Attached Image
  • #9,234
  • Edited 9:32pm Oct 6, 2010 9:20pm | Edited 9:32pm
Quoting fcbrants

I know what a trailing stop does, but I just don't see how the value of iTrailingStop is affecting my trade.
Lower value of iTrailingStop is, safer it is and overall lower profits as well.

We are using iTralingStop =22 by default.. Run some Year To Date tests

with (TSL) 22, then with 14, and then with 9 and see what you gonna get in

total profits for the same period for each TSL sets..

I still don't think you understand how Trailing stop works, if you

asking that kind of questions, but It's totally fine, nothing wrong with that,

we all learn step by step and keep learning... You definitely don't want any kind of

rush in Forex, unless you have deep pockets and want to learn

everything hard way..

Good luck.
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  • #9,235
  • Oct 6, 2010 10:37pm Oct 6, 2010 10:37pm
Quoting lawgirl21
Yes, I have longs triggered demo and live.
FXDD no trades.
  • #9,236
  • Oct 7, 2010 1:10am Oct 7, 2010 1:10am
FXCM v17 a (2x) EA
+3.50 and +3.20 pips

Thanks
  • #9,237
  • Oct 7, 2010 2:34am Oct 7, 2010 2:34am
Quoting fcbrants
'Lo all - glad to see all the usual suspects are still here

I've searched the forum, but couldn't find any discussion regarding my question - please pardon me if this has been discussed, I have a bit of catching up to do...

I've been tinkering with my settings, especially the iTrailingStop. Try as I might, I'm having a hard time getting my mind around how it works.

I'm using a single trade setup (TP 1=1,000, TP 2=0, TP 3=0)

I'm taking the TP 1 to 1,000 so that it's completely out of play (ie, I'm pretty sure it won't get hit)

useTrailing=True...
Hi Franko

There is no TSL on order #1 or order #3, it is only used for order #2.

Order #1 goes to TP1 or SL

Order #2 uses a TSL of the same value as TP1 so that, if TP1 is reached the
second order cannot lose money, it becomes a "free trade".

Order #3 stoploss is moved to a positive value when TP1 is reached locking
in a small profit regardless of the subsequent price action.

Hope this helps...

Geoff
  • #9,238
  • Oct 7, 2010 4:40am Oct 7, 2010 4:40am
Thanks Geoff - I've gotten Order #1 to trail somehow with stunning results (see the tester graphic above), but I might be trying to fit a square peg into a round hole by asking it to do something it's not designed to do.

I haven't kept up with the discussion like I should, but I take it everybody is devoting all of their development & testing time to the Advanced setup.

I know you've heard it many times, but you've changed my life forever by sharing your EA with us here - thank you.

See you on the advanced side!!

Franko



Quoting geoffb65
Hi Franko

There is no TSL on order #1 or order #3, it is only used for order #2.

Order #1 goes to TP1 or SL

Order #2 uses a TSL of the same value as TP1 so that, if TP1 is reached the
second order cannot lose money, it becomes a "free trade".

Order #3 stoploss is moved to a positive value when TP1 is reached locking
in a small profit regardless of the subsequent price action.

Hope this helps...

Geoff
  • #9,239
  • Oct 7, 2010 4:49am Oct 7, 2010 4:49am
Quoting fcbrants
Thanks Geoff - I've gotten Order #1 to trail somehow with stunning results (see the tester graphic above), but I might be trying to fit a square peg into a round hole by asking it to do something it's not designed to do.

I haven't kept up with the discussion like I should, but I take it everybody is devoting all of their development & testing time to the Advanced setup.

I know you've heard it many times, but you've changed my life forever by sharing your EA with us here - thank you.

See you on the advanced side!!

Franko
  • #9,240
  • Oct 7, 2010 7:38am Oct 7, 2010 7:38am
Quoting jiva34
You could open a chat online and get the straight talk right from the horse's mouth about what FXDD, mlq5, etc. can and cannot do. Maybe they know something or have something planned that we don't know about.
http://www.worldofstock.com/slides/NAN5999.jpg
I guess I went overboard there. Sorry
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