I have been waiting anxiously from more news from this thread!
Best of luck guys
Count me in for hardcore testing
Best of luck guys
Count me in for hardcore testing
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DislikedOkay. Don't want to blow anybody out of the water.
Taiyakixz's hair is starting to stand on end with where we are going with this.
If anyone wants to continue testing the established settings for the 1 hour, no problem.
But here is the twist for next week.
We are looking at inverse trades. I know ff has rules about promoting so I hope this doesn't transgress but I don't know any other way to set this strategy up without involving a broker who can facilitate taking the inverse. So here goes.
Setting up on the 1 minute. Limit for profit 1 is...Ignored
DislikedCan't code just be modified to change how order is sent ... so instead of sending buy signal it sends sell and visa versa ...Ignored
DislikedYes. Taiyakixz has very kindly coded a simple inverse ea for experimentation. What we find is that it doesn't work that way. Because of bid and ask, the bid always being less than the ask, the difference in spread, as minimal as it is, actually causes very different signals.
It is not just a mirror reflection, it has skew, spreadx2. But I feel the idea has a lot of merit and there is a way to do it. .Ignored
DislikedI am yet to look in detail at what you are proposing but alarm bells starting ringing when you said Taiyakixz's inverse model didn't give you the results you are looking for.
Are you sure by reversing the signals like you are suggesting (i.e. through Zulu) that you aren't trying to buy at the bid side and sell at the offer side?
eg Let's say in the original model the underlying mkt is 1.3200 /1.3202 and the model says sell so we sell at 1.3200. In Taiyakixz's inverse model it will say buy so we buy at 1.3202, however what you are suggesting...Ignored
DislikedI don't know how you can say that...
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DislikedFrom a 4hr to 1hr ea to an inverse 1m ea using zulu...... now not automated but as an advisor only. That's how I can say that.Ignored
DislikedJiva
You have sure been working hard to get this to work.
I am still with you.
We are all learning alot.
i dont know how to help you, it get confusing, but i know your on the right path.
We all have to keep trying if we want to be succesful at this.
No one said it was going to be easy.
keep up the good work and you will figure it out.Ignored
DislikedIf I knew all the answers I probably wouldn't be posting on the forum. I value the constructive input and feedback from other traders. We are trying a number of approaches and finding the weak points in the different strategies.
The 4hr had it's drawbacks, the 1hr would not give good walk forward results. So at present we are seeing if we can adapt to shorter term trades like the 1m.
I apologize for any confusion but we are trying to develop the basic strategy into a workable profitable system.
I wish I could just hand everything to everyone...Ignored
DislikedI didn't mean to sound critical. I am not a coder and not very advanced with computer skills. lol You've been gracious and helpful to everyone here and I know you will nail down a good ea. I guess I am just sorry the 1hr didn't work out the way we wanted.
Wish I was able to help.Ignored
DislikedI know exactly what you mean about the 1 hour. But it just didn't pass the walk forward tests. The main problem was the variability of the channel values.
the 4hr is not a good time frame to begin with since the candles form differently for different brokers. So to try to work together with 4hr is not possible.
One thing is the consistency of the losses on the 1min using a particular setting. So we are trying to see if we can take advantage of something that is consistent by trading opposite.
I have seen trading histories that would make anyone's...Ignored
DislikedI have a hard time understanding why reversing the trades doesn't work while manually copying them does. The spread is the spread. You can't end up paying twice the spread by taking the reverse signal. You simply take the signal at bid instead of ask or the other way around. You pay the exact same spread either way.Ignored