well, I tryied those settings at three brokers and I didnt come close to your results. The best was 54.43 profit trades.
- #644
- Oct 28, 2010 4:27pm Oct 28, 2010 4:27pm
- Joined Mar 2009 | Status: Just visiting | 12,891 Posts
Is anyone trading this on a live account? or is this just all still in demo testing. Was considering putting it on micro account ..
But I am not putting it on live account, not even micro, for myself yet. If that says anything.
I really want to have the risk management under control. There are still too many loose end details. Details. Details. Details...
Mistakes are expensive.
So, yes, I am confident of the basic strategy. Still just a little too developmental yet for the big plunge.
Maybe when jm gets fired up that'll be the go ahead.
- #646
- Edited 9:41pm Oct 28, 2010 5:38pm | Edited 9:41pm
- Joined Mar 2009 | Status: Just visiting | 12,891 Posts
well, I tryied those settings at three brokers and I didnt come close to your results. The best was 54.43 profit trades.
update: I posted a note on the original post.
this test was done with v14 which no one has yet. I got a little confused between the volumes. v14 has macd so v11 will not give the same results for the test. So basically no else can test my test.
oops..
- #647
- Edited 8:31pm Oct 28, 2010 5:49pm | Edited 8:31pm
- Joined Mar 2009 | Status: Just visiting | 12,891 Posts
- #648
- Oct 28, 2010 6:45pm Oct 28, 2010 6:45pm
- Joined Mar 2009 | Status: Just visiting | 12,891 Posts
There has been a confusion, I am afraid I have created it..
I am good at doing that. I don't even have to try. It comes naturally.
The testing for the 5 min posted earlier to identify a statistical edge for 50/50 stop loss and limit was done on a version of the Dragon no one else has yet.
v14 has the macd filter but we are not ready to post it yet. My mistake. So no one will be able to test my test unless they have v14 and no one has v14 except for Taiyakixz and myself.
Dumb, yes, but I am getting used to it.
I am good at doing that. I don't even have to try. It comes naturally.
The testing for the 5 min posted earlier to identify a statistical edge for 50/50 stop loss and limit was done on a version of the Dragon no one else has yet.
v14 has the macd filter but we are not ready to post it yet. My mistake. So no one will be able to test my test unless they have v14 and no one has v14 except for Taiyakixz and myself.
Dumb, yes, but I am getting used to it.
- #654
- Oct 28, 2010 11:34pm Oct 28, 2010 11:34pm
- Joined Mar 2009 | Status: Just visiting | 12,891 Posts
Here is a problem, jm, for trying to test for the 50/50 stop and limit probability edge.
The Dragon strategy is based primarily on price action in relationship to a hi/lo moving average channel.
The channel itself is a sort moving average and the value of the channel will change in relationship the market conditions.
The problem is: as market conditions change the value of the hi/lo moving average channel will also change. For instance in some market condition a 55 channel will be the significant value for the channel. In another market condition a 34 hi lo channel will be the significant value. So the strategy does not change but because conditions are fluid and dynamic the value of the channel will need to change within the ea. To try to test for 50/50 over say 5 years will not be realistic proof of a statistical edge or lack thereof for just one setting of a channel value.
I am still in favor of regular and frequent optimizations, starting with channel values as opposed to zooming out and trying to see all the activity over a large amount of time as one chunk.
Another way to try to see the situation: In another strategy that relies on candlesticks, say go long when there is bullish harami supported by macd. Just hypothetical of course. Bullish haramis and macd's are pretty consistent. There is no setting that needs to change with changing market conditions. So something like that could be tested for 50/50 over 10 years even.
But for the Dragon it will be necessary to adapt settings for the moving average hi/lo channel on a regular basis. This is not a shortcoming, indeed it may be a strong point. That it has that ability to adapt to the market.
there has been some suggestion made earlier about automated optimizations. I think that may be more relevant for the Dragon considering this fluid aspect than a rigid 50/50 test. Although 50/50 should still have some value if done over a short period of time.
Here is a very simplified 50/50 test for 12 months for EURUSD with only a few parameters, basically the channel and moving averages.
It tested +66.67%. FXDD This time I used v11.
The Dragon strategy is based primarily on price action in relationship to a hi/lo moving average channel.
The channel itself is a sort moving average and the value of the channel will change in relationship the market conditions.
The problem is: as market conditions change the value of the hi/lo moving average channel will also change. For instance in some market condition a 55 channel will be the significant value for the channel. In another market condition a 34 hi lo channel will be the significant value. So the strategy does not change but because conditions are fluid and dynamic the value of the channel will need to change within the ea. To try to test for 50/50 over say 5 years will not be realistic proof of a statistical edge or lack thereof for just one setting of a channel value.
I am still in favor of regular and frequent optimizations, starting with channel values as opposed to zooming out and trying to see all the activity over a large amount of time as one chunk.
Another way to try to see the situation: In another strategy that relies on candlesticks, say go long when there is bullish harami supported by macd. Just hypothetical of course. Bullish haramis and macd's are pretty consistent. There is no setting that needs to change with changing market conditions. So something like that could be tested for 50/50 over 10 years even.
But for the Dragon it will be necessary to adapt settings for the moving average hi/lo channel on a regular basis. This is not a shortcoming, indeed it may be a strong point. That it has that ability to adapt to the market.
there has been some suggestion made earlier about automated optimizations. I think that may be more relevant for the Dragon considering this fluid aspect than a rigid 50/50 test. Although 50/50 should still have some value if done over a short period of time.
Here is a very simplified 50/50 test for 12 months for EURUSD with only a few parameters, basically the channel and moving averages.
It tested +66.67%. FXDD This time I used v11.
- #660
- Oct 29, 2010 10:02am Oct 29, 2010 10:02am
Hello Jiva34, sorry I have been too bussy with school, and other thing a can not upload anymore pictures, my profile says I have exceeded uploading quota, do you know how can I increase this storage size? .
Is Jiva-Dragon EA making more trades now ? in the picture seems to be 2 GU and 1 EU, very good floating numbers 
Thanks Jiva34
___________
Sequoia
Is Jiva-Dragon EA making more trades now ?
in the picture seems to be 2 GU and 1 EU, very good floating numbers Thanks Jiva34
___________
Sequoia