Sixths trading - an EA by macman, Bob and Steve | Page 34 | Forex Factory

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Sixths trading - an EA by macman, Bob and Steve

  • #661
  • Edited 6:19pm Oct 31, 2010 5:53pm | Edited 6:19pm
Quoting E2u
Thanks!! I have missed that.
Its something strange in the Simple Basket Close script. It always leave 1 or 2 orders so I have to drag and drop it again
Well usually it's due to the slippage.. When you have set slippage to

0 in OrderClose Function and pair is moving "Requote" could be as result and no execution if Slippage hardcoded to 0

ALSO check the script out just BUY13 for example

PHP Code
OrderSend("GBPJPY",OP_BUY, Lot, MarketInfo("GBPJPY",MODE_ASK), 2, NULL, NULL, NULL, 0, 0, CLR_NONE);
   OrderSend("EURJPY",OP_BUY, Lot, MarketInfo("EURJPY",MODE_ASK), 2, NULL, NULL, NULL, 0, 0, CLR_NONE);
   OrderSend("AUDJPY",OP_BUY, Lot, MarketInfo("AUDJPY",MODE_ASK), 2, NULL, NULL, NULL, 0, 0, CLR_NONE);
   OrderSend("GBPUSD",OP_BUY, Lot, MarketInfo("GBPUSD",MODE_ASK), 2, NULL, NULL, NULL, 0, 0, CLR_NONE);
   OrderSend("NZDUSD",OP_BUY, Lot, MarketInfo("NZDUSD",MODE_ASK), 2, NULL, NULL, NULL, 0, 0, CLR_NONE);
   OrderSend("USDCHF",OP_SELL, Lot, MarketInfo("USDCHF",MODE_BID), 2, NULL, NULL, NULL, 0, 0, CLR_NONE);
   OrderSend("EURGBP",OP_BUY, Lot, MarketInfo("EURGBP",MODE_ASK), 2, NULL, NULL, NULL, 0, 0, CLR_NONE);

   OrderSend("NZDJPY",OP_BUY, Lot, MarketInfo("NZDJPY",MODE_ASK), 2, NULL, NULL, NULL, 0, 0, CLR_NONE);
   OrderSend("USDJPY",OP_BUY, Lot, MarketInfo("USDJPY",MODE_ASK), 2, NULL, NULL, NULL, 0, 0, CLR_NONE);
   OrderSend("CHFJPY",OP_BUY, Lot, MarketInfo("CHFJPY",MODE_ASK), 2, NULL, NULL, NULL, 0, 0, CLR_NONE);
   OrderSend("AUDUSD",OP_BUY, Lot, MarketInfo("AUDUSD",MODE_ASK), 2, NULL, NULL, NULL, 0, 0, CLR_NONE);
   OrderSend("EURUSD",OP_BUY, Lot, MarketInfo("EURUSD",MODE_ASK), 2, NULL, NULL, NULL, 0, 0, CLR_NONE);
   OrderSend("GBPCHF",OP_BUY, Lot, MarketInfo("GBPCHF",MODE_ASK), 2, NULL, NULL, NULL, 0, 0, CLR_NONE);
   OrderSend("EURCHF",OP_BUY, Lot, MarketInfo("EURCHF",MODE_ASK), 2, NULL, NULL, NULL, 0, 0, CLR_NONE);
I don't agree when

EURUSD is a buy,

BUY EURJPY yes OK
BUY AUDJPY yes OK
BUY GBPUSD yes OK
BUY NZDUSD yes OK
BUY EURGBP (Somewhat it all depends 50/50 remove that)
BUY NZDJPY yes OK
BUY USDJPY (Don't think so could be yes could be no)
BUY CHFJPY ( Also don't think so questionable)
BUY AUDUSD yes OK
BUY GBPCHF yes OK (maybe)
BUY EURCHF yes OK (Probably, but also questionable)
SELL USDCHF yes OK

Those pairs like EURCHF, EURGBP, CHFJPY must be removed IMHO.

Artificial pairs..

Same goes for SELL13..

P.S

Well I guess, everyone can decide what is the most equally weighted currencies basket are

Any additional info on that?

thanks.
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  • #662
  • Oct 31, 2010 6:19pm Oct 31, 2010 6:19pm
did you also compare with tmatrue indicator?
tma centered I find to be useless for backtesting or even visually looking back on the chart more than a few bars
  • #663
  • Oct 31, 2010 6:22pm Oct 31, 2010 6:22pm
Quoting squalou
-3- with the Sixths "floating" lines: (produced by my "SIXTHS Floating SQ.mq4" indicator posted earlier in this thread)
SQ
This is no different then just place simple BB on the Chart (Or Silver-channels+) and keep

buying lower band and selling higher.. Ones Trend established,

this is a loosing strategy on a single pair anyway you look at..
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  • #664
  • Oct 31, 2010 6:28pm Oct 31, 2010 6:28pm
For those of you are still actually interested in the original robot here, I have started a new thread at
http://www.forexfactory.com/showthre...39#post4135839

I shall be playing no further part here.

  • #665
  • Oct 31, 2010 6:38pm Oct 31, 2010 6:38pm
Quoting SkyzerFX
Well usually it's due to the slippage.. When you have set slippage to

0 in OrderClose Function and pair is moving "Requote" could be as result and no execution if Slippage hardcoded to 0

ALSO check the script out just BUY13 for example

[php]OrderSend("GBPJPY",OP_BUY, Lot, MarketInfo("GBPJPY",MODE_ASK), 2, NULL, NULL, NULL, 0, 0, CLR_NONE);...
I took this picture Friday afternoon because I wanted to study witch currency pairs behaves like USDCHF
In this picture USDCHF is bought and the other is sold.
Attached Image
  • #666
  • Oct 31, 2010 6:45pm Oct 31, 2010 6:45pm
Quoting tazmaan
did you also compare with tmatrue indicator?
tma centered I find to be useless for backtesting or even visually looking back on the chart more than a few bars
you're right!
i didn't know "tmatrue".
So i have deleted my post, it is useless here.

SQ
  • #667
  • Oct 31, 2010 7:43pm Oct 31, 2010 7:43pm
Quoting SkyzerFX
Thanks, Now probably need script to close all open orders at ones

using OrderClose function.. I think I can write that.. no problem..

Try this one.
Attached File(s)
File Type: mq4 CloseAll.mq4   6 KB | 349 downloads
  • #668
  • Oct 31, 2010 8:09pm Oct 31, 2010 8:09pm
Quoting newera
Try this one.
Thanks, mine is also working fine.. All I need just close

All open orders.. But I check the code of your script and it's simply

have more options for type of orders to close.... Looks good
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  • #669
  • Oct 31, 2010 8:13pm Oct 31, 2010 8:13pm
Quoting E2u
I took this picture Friday afternoon because I wanted to study witch currency pairs behaves like USDCHF
In this picture USDCHF is bought and the other is sold.
Is that some kind of additional Indy you are using there on that

screenshot? Thanks.
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  • #670
  • Oct 31, 2010 9:32pm Oct 31, 2010 9:32pm
i think you guys are really playing this with large lots.

i have a diff problem.. well, not really a problem since TB "works". I modified it to my liking based on a lot of backtests w/ several pairs. I modified it to just hedge the hell out of a loosing trade by modifying the RSI filter check. While it keeps my drawdowns to a minimum (6-8 pairs, only primary trades of 0.05) my DD is usually just around $300.

i'm not sure if it's because i'm using a really old version of TB but hedging function doesn't seem to follow the BE settings. some of my hedged trades are closed but the original trade remains. anyway, not sure if Steve is still on this thread to help check this problem.

just to give you guys a tip. the pips from last order can act as a semi trade/recovery trade if you so desire. I'm currently using 150 pips for mid-high volatile pairs. 50 for the turtle ones like eur/usd.
  • #671
  • Nov 1, 2010 2:16pm Nov 1, 2010 2:16pm
It's really sad that while method for Basket currencies trading is

much less volatile, this thread losing steam.. I create little EA

It has Profit Target Field in $$$ not in pips.. It will run and check your basket

every sec, ones Dollar Amount is hit, All trades closing automatically.

Working like a charm, Enter trades yesterday little too low, since it's demo

Now $100 target reached, Max DD what I saw was like $260 and that's

with 0.10 Lot size.

12 currency pairs. I would set my target to $200 at least, but I just want

to test, if EA working OK, as fast is possible.. Just run script manually

Sell or Buy and EA taking over from there..

Here is the PA of 12 currencies basket..

Why everyone left this is another question, this approach is much better

then original, which trading separate pairs.. IMHO..
Attached Image (click to enlarge)
Click to Enlarge Name: t101_basket.jpg Size: 90 KB
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  • #672
  • Nov 1, 2010 3:34pm Nov 1, 2010 3:34pm
skyzerFX,

it is because lot of people dont have an open mind.

they only focus on what is at hand and cant work around the box.

i look around the box. that is why i came upon this idea.

i used it today manual and made 260 pips.

my highest drawdown was -212.
  • #673
  • Nov 1, 2010 5:11pm Nov 1, 2010 5:11pm
Quoting trade4fun
skyzerFX,

it is because lot of people dont have an open mind.

they only focus on what is at hand and cant work around the box.

i look around the box. that is why i came upon this idea.

i used it today manual and made 260 pips.

my highest drawdown was -212.
does not make Spring. The Beast of note, has been tested extensively by many good thinkers. It is proven to be good, if not great! Show us your results after a few months. The market scoffs at both sound theory, and one week foward tests.
Vincit qui se vincit.
  • #674
  • Edited 6:47pm Nov 1, 2010 5:30pm | Edited 6:47pm
Quoting trade4fun
i used it today manual and made 260 pips.
That's kind of too good, I would say, if you use 12-14 pairs

in your basket..

Look, I did run for 24 hours 12 pairs basket

and didn't see -$300 DD.

Maybe those numbers came up overnight, at least don't look that way, just by looking at the chart..

I should capture Max DD for EA, so I know exactly what it

was, cause I cannot babysit screens 24/7.


Basically with 0.10 Lot/ $1 a pip 12 pairs, if I got

$100 profit, that means 100 pips + (- spread for 12 pairs * 3.5 pip

on Average (or more) = 42 pips)

TOTAL: 142 pips - 42 pips spread= 100 pips clean..

260 PIPS (not $) clean???, - sounds too good IMHO. (What pairs you've been using,

which ones Sell and which ones Buy?)


P.S: I hit BUY after my SELL meet target and now + 35$..

This time my Profit set to just $50, smaller it is, faster I can get it, then I can reenter..

Many time I watch basket up like $80 and then back down again to -$100, so better

scalp this thing, more often (spread could be a killer though... Should run it for few days to

figure out best possible outcome )

P.S

Target hit, that was quick
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  • #675
  • Nov 2, 2010 4:52am Nov 2, 2010 4:52am
SkyzerFX,

you calculate only with 1 entry. i have entered 2 entries of the 3 availble yesterday. 1 close at midnight GMT +2 and 1 around 6.30 when i woke up.

however that second 1 went first against me. not to forget you first start with -80. however after it bounched back and after i came home i closed it by myself.

pippo.

i am not attakcing the creators of the beast. i think in theory they created something very smart.

however smart minds do not always equal open minds.

i am sure there were some incredible geniuses at the time when people still believed the earth was flat
  • #676
  • Nov 2, 2010 6:51am Nov 2, 2010 6:51am
Unfortunately I must say that 101 Chart looks like Fake,

cause Actually I enter sell yesterday just a half bar lower,

where it is now, and DD is - $450 already and it's understandable.

Fed Meeting going on for 2 days about QE2, Dollar could potentially

drop another 20% so you can keep selling EU GU all you want, but

in couple of days EU could fly to 1.45, regardless of those lines.
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  • #677
  • Nov 2, 2010 8:07am Nov 2, 2010 8:07am
Steve,
Seems to me that logic to check to see if there is no trade on is needed....if no trades are on, any blue line is reset...ie, deleted, and reset as a gray line. I hope I didn't miss is you have already messed with this.
Cheers
CanuckCT

Quoting CanuckCT
Hi Steve,

I have the same issues...errant blue lines re TP....it's been a busy few days for me and I did not post about it. I'm away all day today...will be able to post a pic tomorrow.
Cheers
CanuckCT
  • #678
  • Last Post: Nov 2, 2010 8:25am Nov 2, 2010 8:25am
Cut number of currencies to 8

Trying to run 2 sets at ones.. SELL and BUY will take profit

from any side, ones it hits profit target.. Then average down losing

position and open another regular position hedge.. Only 1 variable

in Forex which I will never know it's a Direction in the certain Time Frame.

And By the way, those 4 lines are TOO tight... there is only like 40 pips

between them.. And I'd like to have at least 70 pips between each line

and on pairs like GBPJPY could be even 100 pips.. IMHO.
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