Simple H1 GBPUSD EA | Page 475 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

Trading is this Simple? Finally Explained simple and clearly! 46 replies

Simple 3 order GBPUSD EA 1,047 replies

Experiment with "Simple H1 GBPUSD EA" 4 replies

Simple 5m GBPUSD trade system 10 replies

Attachments: Simple H1 GBPUSD EA
Exit Attachments

Simple H1 GBPUSD EA

  • #9,481
  • Nov 18, 2010 2:28am Nov 18, 2010 2:28am
Quoting geoffb65
The Alpari Pro accounts are ECN so you need to set ECN "True"!
Geoff
just pro accounts?
  • #9,482
  • Nov 18, 2010 2:34am Nov 18, 2010 2:34am
Does anybody know about eashelf.com? I am considering to buy it, but first I want to hear some comments on it... Thanks
  • #9,483
  • Nov 18, 2010 2:36am Nov 18, 2010 2:36am
Hello Geoff,

I just wondering do we have to change GMT offset setting since Tokyo open not affected by Daylight Saving Time?

Thanks.
  • #9,484
  • Nov 18, 2010 2:42am Nov 18, 2010 2:42am
Quoting koi99
Hello Geoff,

I just wondering do we have to change GMT offset setting since Tokyo open not affected by Daylight Saving Time?

Thanks.
NO same all year
long
  • #9,485
  • Nov 18, 2010 2:50am Nov 18, 2010 2:50am
Quoting forexer1
Does anybody know about eashelf.com? I am considering to buy it, but first I want to hear some comments on it... Thanks
all trash...scammers....
Hero calls followed by margin calls...
  • #9,486
  • Nov 18, 2010 3:40am Nov 18, 2010 3:40am
Quoting dryclean
Thats great!
could you how us how you did the recovery
Simply worked a manual recovery using 1.1.3.3. ONly got to leg 3. EA took initial 3 trades of 0.01 each. First recovery placed one trade 0.03 approx 130 pips away. Second recovery trade (leg 3) placed 0.09 another 130 pips away. I then manually calculated the breakeven tp and added a couple of pips to make a small profit.

I have no idea as to how to code this but I did run a backtest with an sl of 400 to see how often I might go beyond the fourth leg. This is a very crude measurement but it gave me a strong belief that this would improve the overall system.

Hope this helps.
  • #9,487
  • Nov 18, 2010 3:46pm Nov 18, 2010 3:46pm
Quoting paulbt38
Simply worked a manual recovery using 1.1.3.3....
Would be an interesting addition to the system. I think that SteveH has several EA's that are using the 1.1.3.3. and the 1.1.2.4 systems to make recovery. I am running his beast EA and it does that. Now you have to be very very patient as the system may pull you pretty heavy into DD before it turns.

Would love to see the backtest if we could figure out how to code the system. It might even allow us to go with a smaller MA range to increase the number of trades that we have.
  • #9,488
  • Nov 18, 2010 3:48pm Nov 18, 2010 3:48pm
Quoting paulbt38
Simply worked a manual recovery using 1.1.3.3. ONly got to leg 3. EA took initial 3 trades of 0.01 each. First recovery placed one trade 0.03 approx 130 pips away. Second recovery trade (leg 3) placed 0.09 another 130 pips away. I then manually calculated the breakeven tp and added a couple of pips to make a small profit.

I have no idea as to how to code this but I did run a backtest with an sl of 400 to see how often I might go beyond the fourth leg. This is a very crude measurement but it gave me a strong belief that this would improve the overall...
Would you be able to show or explain how you did this 1.1.3.3 recovery
that woud be great!
  • #9,489
  • Nov 18, 2010 7:05pm Nov 18, 2010 7:05pm
Quoting geoffb65
The Alpari Pro accounts are ECN so you need to set ECN "True"!
Thank you very much,geoff!!

sherry
  • #9,490
  • Nov 18, 2010 7:08pm Nov 18, 2010 7:08pm
Quoting dryclean
Geoff
just pro accounts?
Yes, classic accounts set ECN 'false'
  • #9,491
  • Nov 19, 2010 11:59am Nov 19, 2010 11:59am
Quoting paulbt38
Simply worked a manual recovery using 1.1.3.3....
Don't worry, I'm on the case

I should have a preliminary recovery capability ready by the end of next week that can do what you just described. It would be helpful if someone could post links to descriptions of the 1.1.3.3/1.1.2.4 recovery systems so that I can understand how those work and how they might be adapted for the Tokyo EA.

Watch this space ...

Regards,
Piptician
  • #9,492
  • Nov 19, 2010 1:45pm Nov 19, 2010 1:45pm
Quoting piptician
Don't worry, I'm on the case

I should have a preliminary recovery capability ready by the end of next week that can do what you just described. It would be helpful if someone could post links to descriptions of the 1.1.3.3/1.1.2.4 recovery systems so that I can understand how those work and how they might be adapted for the Tokyo EA.

Watch this space ...

Regards,
Piptician
Nice one Piptician. This is a link to where NB introduces the 1.1.3.3. system. http://www.forexfactory.com/showpost...&postcount=960

I know Steve has a user input for the reentry although he also has this optimised for each pair. Check his Sixths trading thread. For the recovery trade this week I was aiming for reentry @ 140 pips but ended up going bit sooner due to my impatience more than logic. I was simply blindly entering whereas I know for Steve's FTLR the first reentry is sooner based on the fib. I suspect for this ea it would be best to simply reenter at the optimised sl that Geoff has already worked out.

Hope this helps

Paul
  • #9,493
  • Nov 22, 2010 1:49am Nov 22, 2010 1:49am
I think the software is not working anymore so good.
  • #9,494
  • Nov 22, 2010 11:35am Nov 22, 2010 11:35am
Quoting paulbt38
Nice one Piptician....
I have an experimental recovery system up and running .

To put it to the test I ran a backtest for 2006 which was a particularly poor year for this EA. The first graph shows the results for Tokyo17a with a starting balance of $25k and fixed lot size of 0.1.

The second graph shows Tokyo19 with recovery. The recovery positions are spaced 200 pips apart with lot sizes 0.3, 0.9, ... 0.9. As you'll see, recovery can lead to a large drawdown when it requires multiple levels of recovery positions.

These are just preliminary results - I need to play around with the multitude of new parameters that have been added, nevertheless, if you have a big enough account, recovery looks very encouraging

Piptician
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Tokyo17_FixedLots_3pos_2006_01lots_default.gif Size: 9 KB
Click to Enlarge Name: Tokyo19_FixedLots_3pos_2006_RECOVERY_200spacing_1333.gif Size: 8 KB
  • #9,495
  • Nov 22, 2010 12:07pm Nov 22, 2010 12:07pm
Quoting piptician
I have an experimental recovery system up and running .

To put it to the test I ran a backtest for 2006 which was a particularly poor year for this EA. The first graph shows the results for Tokyo17a with a starting balance of $25k and fixed lot size of 0.1.

The second graph shows Tokyo19 with recovery. The recovery positions are spaced 200 pips apart with lot sizes 0.3, 0.9, ... 0.9. As you'll see, recovery can lead to a large drawdown when it requires multiple levels of recovery positions.

These are just preliminary results - I need to...
Piptician

Looking good. I think the lot sizes for the recovery trades should only be 0.1 then 0.3 and 0.3 (based on a 1.1.3.3 system). You might want to try a 1.2.4 system as I think Steve has had some success with this on other EA's.

Paul
  • #9,496
  • Nov 22, 2010 12:13pm Nov 22, 2010 12:13pm
Quoting paulbt38
Piptician

Looking good. I think the lot sizes for the recovery trades should only be 0.1 then 0.3 and 0.3 (based on a 1.1.3.3 system). You might want to try a 1.2.4 system as I think Steve has had some success with this on other EA's.

Paul
Thanks Paul, I'll look into it. My rationale for 0.3, 0.9, 0.9 ... was that by default Tokyo is 0.1 lots per position which is 0.3 lots total.

Piptician
  • #9,497
  • Nov 22, 2010 1:03pm Nov 22, 2010 1:03pm
Quoting piptician
I have an experimental recovery system up and running .

To put it to the test I ran a backtest for 2006 which was a particularly poor year for this EA. The first graph shows the results for Tokyo17a with a starting balance of $25k and fixed lot size of 0.1.

The second graph shows Tokyo19 with recovery. The recovery positions are spaced 200 pips apart with lot sizes 0.3, 0.9, ... 0.9. As you'll see, recovery can lead to a large drawdown when it requires multiple levels of recovery positions.

These are just preliminary results - I need to play...
and here is a run I did from Jan 2006 to date with same settings (200 pip spacing between recovery trades and fixed lots). This bags 16500 pips!!! Note that there are only 2 occasions where there is a heart attack inducing drawdown - I'm sure with some fine tuning these can be smoothed out.

Piptician
Attached Image (click to enlarge)
Click to Enlarge Name: Tokyo18_v5_FixedLots_3pos_2006-2010_RECOVERY_200spacing_1333.gif Size: 8 KB
  • #9,498
  • Nov 22, 2010 2:41pm Nov 22, 2010 2:41pm
Quoting piptician
and here is a run I did from Jan 2006 to date with same settings (200 pip spacing between recovery trades and fixed lots). This bags 16500 pips!!! Note that there are only 2 occasions where there is a heart attack inducing drawdown - I'm sure with some fine tuning these can be smoothed out.

Piptician
Pip great work, now the key will be to not look at the crazy thing as having a rather large drawdown may induce some people into making trades they shouldn't. As was noted you may want to look at having either the 1.1.3.3 or the 1.1.2.4 systems available as depending on the EA that steve and naningbob are running they switch between them.

Even on their EA the Beast I have optimized the different pairs from 1.1.3.3 to 1.1.2.4 as some pairs retrace faster than others when you go into a second, third, and fourth level recovery.
  • #9,499
  • Nov 22, 2010 3:13pm Nov 22, 2010 3:13pm
Quoting piptician
and here is a run I did from Jan 2006 to date with same settings (200 pip spacing between recovery trades and fixed lots). This bags 16500 pips!!! Note that there are only 2 occasions where there is a heart attack inducing drawdown - I'm sure with some fine tuning these can be smoothed out.

Piptician
Pips
this is great work glad to see it as this ea is my primary ea for now
Right now the Sl is 140 at what point have you had recovery kick in?
Also I think the recovery will not work on NFA brokers
  • #9,500
  • Nov 24, 2010 3:33am Nov 24, 2010 3:33am
I have installed camvcv00 and it work perfectly on demo.
I have installed Tokyo GBPUSD v 17a on FINFX demo and it dont work; it cannot place stoploss. Maybe I will have to turn ECN on? Finfx is a ecn broker but in demo I put ECN off?
Or is there another problem?
17 traders viewing now