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Sixths trading - an EA by macman, Bob and Steve

  • #201
  • Oct 15, 2010 7:36am Oct 15, 2010 7:36am
Quoting PhAnTi'
ok
tough could u please give me the tpl seen on the attachement on page 1 post 1?

:]
Attached File(s)
File Type: tpl the beast.tpl   3 KB | 377 downloads
  • #202
  • Oct 15, 2010 7:42am Oct 15, 2010 7:42am
Quoting SteveHopwood
thank you buddy!
Hero calls followed by margin calls...
  • #203
  • Oct 15, 2010 8:01am Oct 15, 2010 8:01am
shouldn't be there a long trade on usdjpy now? no trade triggered at demo testing?!?!
Attached Image (click to enlarge)
Click to Enlarge Name: lifecanbeeasy.gif Size: 17 KB



hmmmmh
Hero calls followed by margin calls...
  • #204
  • Oct 15, 2010 8:01am Oct 15, 2010 8:01am
This thread is growing so fast, its hard to keep up.
  • #205
  • Oct 15, 2010 8:38am Oct 15, 2010 8:38am
Quoting rfking2
This thread is growing so fast, its hard to keep up.
It sorts the quick from the, err, umm, not so quick.

There is no need to read it. Pretty much everything people need to know is in post 1 and will be expanded upon in the coming user guide.

That little bit of US news-inspired volatility a few minutes ago was useful; it took out some troublesome GJ buys at just short of breakeven.

Recovery is so good when it behaves itself so well.

  • #206
  • Oct 15, 2010 9:08am Oct 15, 2010 9:08am
Quoting SteveHopwood
It sorts the quick from the, err, umm, not so quick.

There is no need to read it. Pretty much everything people need to know is in post 1 and will be expanded upon in the coming user guide.

That little bit of US news-inspired volatility a few minutes ago was useful; it took out some troublesome GJ buys at just short of breakeven.

Recovery is so good when it behaves itself so well.


if i use another EA to close all open trade if they reached 5% of my equity... is the beast will re-count the position again...?

cause i don't see it.... those lines is still there...

thx steve.. this is awsome, i got 2.5% in oneday and a half....
Simplicity your Life
  • #207
  • Oct 15, 2010 9:09am Oct 15, 2010 9:09am
Hi Steve,
End of week for me......Just 2 days after move to permanent demo.....Looks great......

whip
Attached File(s)
File Type: pdf Statement_ 1180752 - Hiredwhip.pdf   87 KB | 450 downloads
  • #208
  • Oct 15, 2010 10:15am Oct 15, 2010 10:15am
Quoting hiredwhip
Hi Steve,
End of week for me......Just 2 days after move to permanent demo.....Looks great......

whip
awsome... what is ur setting?
Simplicity your Life
  • #209
  • Oct 15, 2010 10:33am Oct 15, 2010 10:33am
I hear everyone talking about how good this EA is. Has anyone backtested it over several years and with model quality 90% or higher? Also, has anyone using it live encountered disconnects, error messages and/or trade context busy? It is to my understanding that MT4 was designed to be able to be manipulated. I will admit I used to be an MT4 lover. I still use MT4 but only for charting purposes. My experiences of trading on MT4 is asking for trouble, especially when leaving the trades up to an EA. I found my profitable EA's being "shutdown" or the actual platform will shutdown. You see some EA's that compound and make millions in 3-5 years. Do you honestly believe that a broker will allow for 1,000's of traders to use good EA's which rake in these massive compounded profits and stay put while they are run out of business? I've even had my computer shut down while I was away. I leave my computer on 24/7 and that never happens when I'm not running an EA. So I wonder??? Anyone, ever come back to the computer while running MT4 or an EA to find it on the blue screen with "windows is shutting down"? Like the old saying, if it sounds too good to be true it probably is.

With that said I'm not saying that the EA's are of no use. Some of the strategies and coding these EA's use are incredibly well thought out. The problem lies in connection and trade execution speed. Brokers also have a plug-in software they use with MT4 which can delay your trade execution for a worse price or not put in trade correctly altogether. So, do you guys really think EA trading is a good idea? If so, why? I'm really curious to hear your opinions. Good luck.
  • #210
  • Oct 15, 2010 11:24am Oct 15, 2010 11:24am
Quoting 2+2=4ex
... So, do you guys really think EA trading is a good idea? If so, why? I'm really curious to hear your opinions. Good luck.
You are most probably correct. Why do you we refer to brokers as criminals in these threads? On the other hand majority of us (retail traders) are not very bright and we lose enough money to keep the brokers in profit, even if few thousand traders use profitable EAs. Wishing you a great weekend.

Kind regards
  • #211
  • Oct 15, 2010 11:38am Oct 15, 2010 11:38am
Quoting astral77
You are most probably correct. Why do you we refer to brokers as criminals in these threads? On the other hand majority of us (retail traders) are not very bright and we lose enough money to keep the brokers in profit, even if few thousand traders use profitable EAs. Wishing you a great weekend.

Kind regards

I hear from trading floor..... Some brokers will use this EA too...

they are on our side now...

just kidding... happy week end all....
Simplicity your Life
  • #212
  • Oct 15, 2010 11:43am Oct 15, 2010 11:43am
Quoting 2+2=4ex
I hear everyone talking about how good this EA is. Has anyone backtested it over several years and with model quality 90% or higher? Also, has anyone using it live encountered disconnects, error messages and/or trade context busy? It is to my understanding that MT4 was designed to be able to be manipulated. I will admit I used to be an MT4 lover. I still use MT4 but only for charting purposes. My experiences of trading on MT4 is asking for trouble, especially when leaving the trades up to an EA. I found my profitable EA's being "shutdown" or the...
Well the answer is get a virtual server. Guaranteed uptime for a little cost. Also, in terms of brokers. YOu have to ensure you choose the right one. I personally use one that does not take positions as i am on the interbank market. my orders get sent to the open market and filled at best price.
The Kamakazi
  • #213
  • Oct 15, 2010 12:12pm Oct 15, 2010 12:12pm
Quoting hiredwhip
Hi Steve,
End of week for me......Just 2 days after move to permanent demo.....Looks great......

whip
I too would like to know your settings. I'm using lot sizes of 1 full lot and .3 for secondary trades, so roughly 3 times the size of your lots. On some comparable trades, I'm making half of what you seem to be making, instead of three times as much. So I would love to see the difference between your settings and mine (which are basically default except for changing the lot size).

Other trades you have, I seem to have just missed for some odd reason. I'm assuming that that was broker difference, but who the hell knows.
  • #214
  • Oct 15, 2010 1:04pm Oct 15, 2010 1:04pm
Quoting duffypratt
I too would like to know your settings. I'm using lot sizes of 1 full lot and .3 for secondary trades, so roughly 3 times the size of your lots. On some comparable trades, I'm making half of what you seem to be making, instead of three times as much. So I would love to see the difference between your settings and mine (which are basically default except for changing the lot size).

Other trades you have, I seem to have just missed for some odd reason. I'm assuming that that was broker difference, but who the hell knows.
Hi Duffy,
I thought I posted the way I'm running this bot......OOTB....H1.....Now 15 pairs
One more thing that Steve drilled into my head 8 months ago......Feed ticks to your platforms!!
Have a great day...

whip
  • #215
  • Oct 15, 2010 2:08pm Oct 15, 2010 2:08pm
Quoting hiredwhip
Hi Duffy,
I thought I posted the way I'm running this bot......OOTB....H1.....Now 15 pairs
One more thing that Steve drilled into my head 8 months ago......Feed ticks to your platforms!!
Have a great day...

whip
You may have posted it. I assume OOTB means Out Of The Box. It makes me wonder how different our broker feeds must be. I'm doing the same thing -- OOTB except for lot sizes, H1, but only 10 pairs. The number of pairs would have something to do with overall performance, but I should still be getting 3 times the profit or loss that you are getting on comparable trades. I'm going to compare the results more closely over the weekend.

Oh, and I'm not complaining. Over the week, I probably netted about 5-6% on this EA on my demo. I haven't yet segregated out this EAs results from other things I'm doing on the same demo account. I'll post a summary of the results later.
  • #216
  • Edited 5:11pm Oct 15, 2010 4:35pm | Edited 5:11pm
Quoting stevenali
if i use another EA to close all open trade if they reached 5% of my equity... is the beast will re-count the position again...?
Nope. It will rabidly insist that originally-open trades are still open.

Worse than that, it will project backwards and maintain that all previously-opened pre-trades are also still open, right back to 1965. This is especially true of EUR pairs, which needed thousands of lines of special code to make this possible.

Get a grip fella. What kind of dipstick do you take me for?

Quote
thx steve.. this is awsome, i got 2.5% in oneday and a half....
Thank macman - 'tis his strategy. All I did was code it.

  • #217
  • Oct 15, 2010 4:49pm Oct 15, 2010 4:49pm
I figured out the difference between HW's results and mine. And, of course, I feel like an idiot. I was trading a mini account and he's trading a standard account. So his .3 primary lot size is actually 3 times as big as my 1.0 primary lot.

Otherwise, there are some differences in entrances, but they are minor. And of course there are differences in the pairs we traded. I didn't look too closely at those.

Here were my results for the week. I had 28 trades close. Twenty six winners and two losers (meaning two where recovery worked). For the week, I gained just over 6%. If I had used HW's lot sizes, that would have been 18% for the week.

I have a huge drawdown to work off as well. Every cent of it is on USDJPY, and its all from trades made before the restrictions on number of trades, pips before reentry, and such, got implemented last weekend. On that pair, I have 12 lots (1.2 standard lots) for a drawdown of $2200. I need a 156 pip retrace to break even on those.

On HW's account, even as the system is now implemented, he would have had 1.5 lots of USDJPY. At one point early this week, he would then have had a drawdown on those lots of about $4000 on a $5K account. Just something to think about.
  • #218
  • Oct 15, 2010 5:05pm Oct 15, 2010 5:05pm
Quoting 2+2=4ex
I hear everyone talking about how good this EA is.
I can understand that. It is seriously good.

Quote
Has anyone backtested it over several years and with model quality 90% or higher?
Maybe. Maybe not. Who cares? macman devised this use of Sixths to suit market conditions now not back in 1915.

Quote
Also, has anyone using it live encountered disconnects, error messages and/or trade context busy?
Of course we have. We use mt4. It is crap.

Quote
It is to my understanding that MT4 was designed to be able to be manipulated.
No? Really? Gosh. We never thought of that. We thread contrbutors are so lucky to benefit from such insights.

Quote
I will admit I used to be an MT4 lover.
Buddy, we cannot help your problems.

Quote
I still use MT4 but only for charting purposes. My experiences of trading on MT4 is asking for trouble, especially when leaving the trades up to an EA. I found my profitable EA's being "shutdown" or the actual platform will shutdown.
It never occurred to you that ea coding was at such an early stage that the coders did not actually understand what they were doing? Clearly not met some of my early attempts. Or perhaps you did.

Quote
You see some EA's that compound and make millions in 3-5 years.
Really? Please show me so I can stop spending what feels like my entire life coding robots. Then again, I might get a bit bored and want to tinker with the code.

Quote
Do you honestly believe that a broker will allow for 1,000's of traders to use good EA's which rake in these massive compounded profits and stay put while they are run out of business? I've even had my computer shut down while I was away. I leave my computer on 24/7 and that never happens when I'm not running an EA. So I wonder??? Anyone, ever come back to the computer while running MT4 or an EA to find it on the blue screen with "windows is shutting down"? Like the old saying, if it sounds too good to be true it probably is.
Do you really have so-little an understanding of the crap that is represented by Windows os? I would have to start an entire new forum were I to ask users to contribute the umpteen thingies that will cause a Windows system to crash.

Quote
With that said I'm not saying that the EA's are of no use. Some of the strategies and coding these EA's use are incredibly well thought out. The problem lies in connection and trade execution speed.
Where would we be without such insight? I am in awe.

Quote
Brokers also have a plug-in software they use with MT4 which can delay your trade execution for a worse price or not put in trade correctly altogether.
No!!!!!!!!!! Really?????? Gosh. Yet more fantastic insights offered so freely to us peasants.

Quote
So, do you guys really think EA trading is a good idea? If so, why? I'm really curious to hear your opinions. Good luck.
No, of course we don't. We all think ea trading is a rubbishy waste of time. That is why we all devote so much time to developing them.

Hehe. That was fun. Now, 2+2=4ex, kindly stop insulting the seriously clever people contributing here by implying that everything you write is news to them. Then stop insulting the less-experienced but equally clever traders for the same reasons. Then stop insulting all the dipsticks who would make their equally daft-to-yours contributions were they only allowed to. That would be my job.

Insult me as much as you want. I am just an idiot who understands nothing.



  • #219
  • Oct 15, 2010 5:11pm Oct 15, 2010 5:11pm
Quoting SteveHopwood

Insult me as much as you want. I am just an idiot who understands nothing.




Me too, I don't have a clue what I am doing half the time
  • #220
  • Oct 15, 2010 6:12pm Oct 15, 2010 6:12pm
Me too... I ain't got a clue either...

.. what does EA stand for? What is Mt4?....See?
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