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Jiva Dragon

  • #361
  • Oct 10, 2010 3:37pm Oct 10, 2010 3:37pm
Quoting Taiyakixz
I will modify the EA to check 7 MAs and send it to you.
I don't know how to do backtest with weekly chart, but I think it's not so hard to do it manually. Even 10 years not so many trades will be done.
Excellent.
Yes I can run the tester without weekly since it cannot process weekly but open the chart and see if there is bad trade, would the weekly setting have prevented it, and would the weekly setting block good trades too?

I am not thinking necessarily to trade on the day or weekly charts. (But of course you never really know until you get into it),
what I was thinking was to be able to set a moving average on the weekly chart to confirm a trend for trading the 1 hr.
To set weekly ma for a live forward demo what is the minutes?
day = 1440, so weekly is 1440x5=7200? Is that correct to set ea for moving average on the weekly time frame on live demo?
  • #362
  • Oct 10, 2010 3:53pm Oct 10, 2010 3:53pm
Quoting mageric

Оther result with presets on EURUSD tf=H4
and mistakes of the testing.
There is a note on the first page of the thread in red at the bottom of the page. We have abandoned any 4hr setup for the ea. Please take a look at the note. It explains why. We are focused on the 1h chart.
The latest download for eu is available on the first page.
I am setting up a special page which will have all available updated settings for different pairs. Will be posted soon.

Добро пожаловать. Некоторые из самых блестящих трейдеры из России.
  • #363
  • Oct 10, 2010 4:05pm Oct 10, 2010 4:05pm
updated setting as of 10/10/10.
(Check 1st page for directions to post with the latest updated settings)
These settings were calculated using FXDD,malta and are for the 1hr chart. Jiva Dragon v11


There is one setting for Alpari,UK, for eu.
Attached File(s)
File Type: zip euh1mtf10e.zip   1 KB | 312 downloads
File Type: zip alparimtfeu.zip   1 KB | 249 downloads
File Type: zip eurchf1hmtfabest.zip   1 KB | 241 downloads
File Type: zip eurgbp1hmtfbbest.zip   1 KB | 255 downloads
File Type: zip guh1mtf10g.zip   1 KB | 264 downloads
  • #364
  • Oct 11, 2010 1:36am Oct 11, 2010 1:36am
Quoting jiva34
Excellent.
Yes I can run the tester without weekly since it cannot process weekly but open the chart and see if there is bad trade, would the weekly setting have prevented it, and would the weekly setting block good trades too?

I am not thinking necessarily to trade on the day or weekly charts. (But of course you never really know until you get into it),
what I was thinking was to be able to set a moving average on the weekly chart to confirm a trend for trading the 1 hr.
To set weekly ma for a live forward demo what is the minutes?
day = 1440,...
weekly is 1440x7 = 10080
  • #365
  • Oct 11, 2010 3:27am Oct 11, 2010 3:27am
Quoting Taiyakixz
weekly is 1440x7 = 10080
  • #366
  • Oct 11, 2010 5:27am Oct 11, 2010 5:27am
Evidently the moving average can be set for weekly in the tester. Only thing is trades cannot be tested on weekly, but we are not interested in testing the weekly chart, only in setting a moving average to identify long term trend.
Using 10080 for the ma time frame does work.
Thank you.
  • #367
  • Edited 1:27pm Oct 12, 2010 11:34am | Edited 1:27pm
trade underway demo.
1st tgt reached +20 pips
stop has moved to break even.
For this setting, 2nd tgt is 1000.
2d position will close with either of 4 conditions,
whichever comes first:
candle falls back to break even, 0 pips
candle reaches tgt 1000 pips
candle closes below the channel low + whatever the amt is pips
it falls back to trailing stop (set for 200), trailing stop is only activated after 1st position is closed.
most likely here, will fall back to 0, but ya never know, maybe we caught a big one, FOMC minutes were favorable for USD weakness.
Attached Image (click to enlarge)
Click to Enlarge Name: current3.gif Size: 41 KB
  • #368
  • Oct 12, 2010 12:50pm Oct 12, 2010 12:50pm
not so pretty trade gu.
The ea did something a bit strange.
It opened 2 positions and then closed 1 right away for 0 pips. I use a delay order function for a special application and it was set to 20 secs. But why this should happen is a mystery.
Anyway, the 2nd position is dangerously close to the stop, with FOMC minutes to be broadcast in 10 mins.
Turn around?
or disaster?
Attached Image (click to enlarge)
Click to Enlarge Name: current2.gif Size: 40 KB
  • #369
  • Oct 12, 2010 1:16pm Oct 12, 2010 1:16pm
Quoting jiva34
not so pretty trade gu.
The ea did something a bit strange.
It opened 2 positions and then closed 1 right away for 0 pips. I use a delay order function for a special application and it was set to 20 secs. But why this should happen is a mystery.
Anyway, the 2nd position is dangerously close to the stop, with FOMC minutes to be broadcast in 10 mins.
Turn around?
or disaster?
Are you using a particular template for the 1hr?
  • #370
  • Oct 12, 2010 1:36pm Oct 12, 2010 1:36pm
Quoting calderone
Are you using a particular template for the 1hr?
template and updates are on the 1st page.

the moving averages and sometimes the channel settings vary for pair and have to be reset to match the ea settings to follow on the chart.
  • #371
  • Edited 2:45pm Oct 12, 2010 1:38pm | Edited 2:45pm
let's see where the EURGBP trade goes...
If the 55 sma channel low can pass the fixed stop at break even we can try to ride a big one.
SCRATCH THAT..oops, I had the wrong settings.
should have been a simple, 20, 50 trade..
Attached Image (click to enlarge)
Click to Enlarge Name: eugb.gif Size: 42 KB
  • #372
  • Oct 12, 2010 1:45pm Oct 12, 2010 1:45pm
Hanging in the balance.. with GU
http://t0.gstatic.com/images?q=tbn:A...RLIFDhu4m6Yo8=
Attached Image (click to enlarge)
Click to Enlarge Name: current5.gif Size: 41 KB
  • #373
  • Oct 12, 2010 2:57pm Oct 12, 2010 2:57pm
Quoting jiva34
template and updates are on the 1st page.

the moving averages and sometimes the channel settings vary for pair and have to be reset to match the ea settings to follow on the chart.
you mean besides using the correct set file per pair?
  • #374
  • Oct 12, 2010 3:11pm Oct 12, 2010 3:11pm
Quoting calderone
you mean besides using the correct set file per pair?
If the zipped set file is loaded the ea will trade accordingly.
But to visually follow the action on the chart the ma or the channel might need to be adjusted to match the set file, because they can vary a bit from pair to pair.
For example the ma's for eu are 10 across all time frames
but for gu the ma's are 34 across all time frames.
:nerd:
  • #375
  • Oct 12, 2010 3:14pm Oct 12, 2010 3:14pm
Quoting jiva34
If the zipped set file is loaded the ea will trade accordingly.
But to follow the action on the chart the ma or the channel might need to be adjusted to match the set file, because they can vary a bit from pair to pair.
For example the ma's for eu are 10 across all time frames
but for gu the ma's are 34 across all time frames.
:nerd:
I gotcha! I've been using your set files so all is well. My charts are all using the same template so they are not adjusted.
Thanks for explaining.

  • #376
  • Oct 12, 2010 3:21pm Oct 12, 2010 3:21pm
Quoting calderone
I gotcha! I've been using your set files so all is well. My charts are all using the same template so they are not adjusted.
Thanks for explaining.

We are honored that a veteran such as yourself has taken an interest in our humble efforts.
  • #377
  • Oct 12, 2010 3:32pm Oct 12, 2010 3:32pm
Quoting jiva34
We are honored that a veteran such as yourself has taken an interest in our humble efforts.
haha! Thanks for the compliment but I am just your average joe.

I think the basis of this ea is sound and I like the way it operates. I have tried a few other ea's for fun and some of them were rather scary.

I am fairly conservative and this seems to fit my personality.


I originally was interested in neural nets when I began trading. The big players use quant and supercomputers to trade. I think the future is along the realm of ea's.
  • #378
  • Oct 12, 2010 4:50pm Oct 12, 2010 4:50pm
Quoting calderone
haha! Thanks for the compliment but I am just your average joe.

I think the basis of this ea is sound and I like the way it operates. I have tried a few other ea's for fun and some of them were rather scary.

I am fairly conservative and this seems to fit my personality.


I originally was interested in neural nets when I began trading. The big players use quant and supercomputers to trade. I think the future is along the realm of ea's.
Yes I believe the basic strategy is sound. Now how to realize the potential.
From the link in your post, I see you have no doubts about the great value of trading with clear knowledge of the predominant and subordinate trends. It is like catching wind in the sails and is vital for sustained success. Sometimes a lesson very hard learned, but so simple and necessary.
This is what we are trying to do with the use of moving averages over multi time frames. Using the same ma for different time frames rather different values on the same time frame seems to give the best results so far.
It appears to be of value in avoiding consolidations also.
So the ea will wait for a strong trend indication before entering a trade.
There are still difficulties with unpredictable spikes on surprise news, and the possibility of buying a top and selling a bottom, which we all love to do...
So that is still the challenge, how to avoid the top and bottom syndrome or in other words how trade "topless and bottomless".
Taiyakixs is the genius who coded everything. Nice and neat. He is meticulous to the point of exasperation. Excellent qualities for mt4. He is adding more options for setting moving averages. So 3 more time frames will be available. And the possibility of setting more than one ma on a single time frame. So more fiddling around. We want to see if this helps.
Trend is everything...

Not familiar with quants and neural nets (feedback loops?) but now you've got me to add a research project to my list.
  • #379
  • Oct 13, 2010 2:16am Oct 13, 2010 2:16am
update on scary close call GU trade.
Of course it's not over until the position is closed but so far disaster has been averted.
If this was a loser than that would have been the first loser in over a year for the ea..
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 46 KB
  • #380
  • Edited 9:39am Oct 14, 2010 12:06am | Edited 9:39am
nothing to write home about..
the ea finally closed the scary gu trade +20 pips
after challenging the 200 pips stop loss.
But still no losses for 16 months.


The trade was strange from the very beginning. The 2nd position closed at breakeven right away. There are number of different ways second position can close but only after the first position is closed.

For a loss:
If it is stopped out along with the first position

If 1st position reaches target:
For 0 gain:
By falling back to break even

For +gain:
If reaches the target
or hit trailing stop if one is set
or closes outside channel low for long, outside channel hi or short.

None of those conditions were present.
And in no case should the 2nd position close before the 1st???

Will check with Taiyakixz, maybe a bug...
http://pixarplanet.com/blog/images/440.jpg
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 61 KB
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