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Jiva Dragon

  • #881
  • Nov 30, 2010 12:27pm Nov 30, 2010 12:27pm
Quoting jiva34
Yes, it is hard to get the mind around it.
It also has to do with exiting. So then it is 2x less profitable... if the stop and limit are set then when it reverses the stop becomes the limit and the limit becomes the stop and spread is there too.
If that's the case can't x pips be added/substracted to take care of that ? Since it's 2xspread you add/substract 2xspread. Like you substract 2x spread for buy entry and add 2xspread for sell. Wouldn't that work ?
  • #882
  • Nov 30, 2010 1:25pm Nov 30, 2010 1:25pm
Quoting SpacyTrader
If that's the case can't x pips be added/substracted to take care of that ? Since it's 2xspread you add/substract 2xspread. Like you substract 2x spread for buy entry and add 2xspread for sell. Wouldn't that work ?
Yes that is exactly what I have been playing around with last few days. But you would be surprised how much of a difference it can make with just a few pips especially for scalping...

We're onto something extraordinary...
Taiyakixz has so graciously once again put the supreme effort into coding..
we now have v14.2 inverse.

It's a powerhouse.

v14.2 original can capture breakouts from range bound markets but has losses in consolidating markets.
v14.2 inverse captures trades in a range bound market but has losses in a trending market.
It's like Jack sprat could eat no fat, his wife could eat no lean, if you can follow that...
so the challenge is to figure out how to let the ea know when it is a trending market and when is a range bound market.
I've been looking at a number of trending indicators, cci 55 seems to be something that might work.
Attached File(s)
File Type: ex4 JIVA Dragon EA DSS T3MA MAs testv14.2_inverse.ex4   43 KB | 450 downloads
File Type: zip 14.2inverse.zip   1 KB | 403 downloads
  • #883
  • Nov 30, 2010 4:48pm Nov 30, 2010 4:48pm
Why do you think of adding new indicator immediately after I sent you inverse ea?
You told nothing about cci before I made inverse ea.
You told me eagerly that 14.2 inverse makes profit.
Show me the good result of 14.2 inverse.
  • #884
  • Dec 1, 2010 1:04am Dec 1, 2010 1:04am
Quoting Taiyakixz
Why do you think of adding new indicator immediately after I sent you inverse ea?
You told nothing about cci before I made inverse ea.
You told me eagerly that 14.2 inverse makes profit.
Show me the good result of 14.2 inverse.
Dear friend,

We are learning as we go.
What works, what doesn't work. This is part of the designing and developing process.
We have a long history together of trial and error.
We have come a great distance thus far.
I have outlined the hurdle we now face, as I understand it:

There are 2 basic types of market activity.
Trending and sideways.
The original 14.2 is able to capture breakouts by buying on a breach of the channel hi and selling on a breach of the channel low.
That is very effective for trending markets.
But in sideways markets there many losses.

The inverse14.2 which you have so nicely provided is able to trade successfully in sideways markets by buying on a breach of the channel low, and selling on a breach of the channel hi. But in a trending market it has many losses.

We are finding that the problem is not channel value as we thought it might have been, but rather whether the market is trending or sideways.

So we find that we need to identify when the market is trending and when it is sideways. Of the different indicators I have been looking at cci set to 55 seems to be able to clarify this. I am testing it manually in the simulator and the demo. I will report the findings.

These new challenges appear as we go. So far we are finding the solutions as the new situations appear. And then moving on to next level of development.

There are no guarantees but we are giving this our best shot.

If we can pull this off we will have a robot that can trade successfully in any market condition. Or maybe 2 separate robots one for each market condition. That will be something!!!!

We thank you as ever for your efforts.
  • #885
  • Dec 1, 2010 1:50am Dec 1, 2010 1:50am
Hi Jiva
It is good to see you working hard on trying to figure this thing out. I was going to say figuring this beast out but that is already taken. Speaking of the beast ea i am trying it out on demo, it is a crazy ea, like most eas that i read about, and i am no expert, that is for sure.
Steve hopwood sure does crank out the eas for anyone that wants them it seems like.
You talked about big profits in a month which is good as long as you dont have bigger lossssssses in the next month.
It seems like all the eas i look at have all big stop losses or no sl at all.
It all seems good trade after trade after trade and then boom it all blow up and you lose it all.
i like the idea of having a robot doing the trading because then your imotions dont get involved unless you dont trust the ea.
I dont have the time or the patients to sit watching charts.
i hope it doesnt come to that. Watching charts that is.
It seems like the only real way to make money at this game is with pure price action, noindicators, no nothing just the up and down of the price and try to figure where it is going to go next, and lot of people make money that way.
Some how you have to know how what the big boys and girls are thinking, because they are the one who are making the market move, i believe.
I will just keep on learning here until i figure this stuff out.
Thankyou for all your hard effort and know you will figure something great out.
  • #886
  • Dec 1, 2010 1:57am Dec 1, 2010 1:57am
Quoting kauaibobby
Hi Jiva
It is good to see you working hard on trying to figure this thing out. I was going to say figuring this beast out but that is already taken. Speaking of the beast ea i am trying it out on demo, it is a crazy ea, like most eas that i read about, and i am no expert, that is for sure.
Steve hopwood sure does crank out the eas for anyone that wants them it seems like.
You talked about big profits in a month which is good as long as you dont have bigger lossssssses in the next month.
It seems like all the eas i look at have all big stop losses...

If it was so easy we would all be billionaires by now. It can be done. It is being done. We will do it.... Step by step...
No huge stop losses. No blowing up accounts. No gambling. We are scientists.
  • #887
  • Edited 3:51am Dec 1, 2010 2:25am | Edited 3:51am
okay. Here's the kind of things I am looking at.

This is the 5m chart EURUSD trading the inv strategy manually in a demo in order to test cci 55. Just using dss 21,34, cci 55 and the ema 2 hi lo channel

So for inverse when all signals say buy, we sell and when all signals say sell we buy. This only works in sideways markets for obvious reasons.
So in this chart all signals were sell but cci was between +100 and +100 identifying a predominantly sideways market. So the trade was inverse. And good. We bought at the bottom of the range instead of selling at the bottom. Even though all the signals were to sell...... dss was red, the candle closed below the channel low, cci said there was no trending down... sideways...
As it turned out we caught a breakout to the upside.

This is a great trading strategy and can be traded manually. Less than 5 min chart gets a little coo coo. I'll be trading this manually for a while. But we want a robot who can watch the market all day, never miss a signal, never make a mistake, doesn't get eyestrain, etc...


edit: few minutes later caught the same set up again....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: inv1.gif Size: 53 KB
Click to Enlarge Name: inv2.gif Size: 46 KB
  • #888
  • Dec 1, 2010 4:45am Dec 1, 2010 4:45am
Quoting jiva34
Dear friend,

We are learning as we go.
What works, what doesn't work. This is part of the designing and developing process.
We have a long history together of trial and error.
We have come a great distance thus far.
I have outlined the hurdle we now face, as I understand it:

There are 2 basic types of market activity.
Trending and sideways.
The original 14.2 is able to capture breakouts by buying on a breach of the channel hi and selling on a breach of the channel low.
That is very effective for trending markets.
But in sideways markets there...
I don't want to even write such a thing, but....

trial? Do not change the word after I made the ea.

With previous inverse version, I told you that it did not make profit.
Whatever I told you, you told me eagerly that it was profitable and to make it.
After I made the ea, you just said sorry and tought the next idea.
You didn't study anything by it?

Not only you, many members told me to make a ea, they told that those strategy were profitable and very good, but after I made the ea, they said, 'just testing'.
I am sick of them.
Of course I know that repeating trial and error is needed, but there are infinite number of strategies including stupid ones, I can't make all of them and I don't want to do it. When you don't know whether the strategy makes profit or not and you want to test, then you write so, if someone is interested in it, he/she would make the ea.

I wanted you to study investigating the strategy carefully, but whatever I told, you just repeated asking me to make the ea. Your many mails and posting many messages bothered me, I made the ea because I wanted you to stop them. Now I am not interested in your strategy.

Bye.
  • #889
  • Dec 1, 2010 4:50am Dec 1, 2010 4:50am
I will be looking at how cci may be used for 14.2 original (the breakout trending version) One of the problems there was buying a top and selling a bottom.
And also staying out of sideways markets, cci could help to leave all of those trades for 14.2 inverse... while keeping 14.2 inverse out of trending markets...
So this could be a very reliable swing trade combo...
macd and the moving averages are helpful for 14.2 original, but not so significant for 14.2 inverse.
Anyway these things become known more as we try to use them. They start out as what looks like a good idea and then we try to develop it...
Some of things work and some don't.
Check slope function looked like a good idea but it is not so useful, and we tried a few different variations of stopping out in the v7 series which we abandoned.
I want to keep testing this new idea for identifying trending and sideways markets in demo and the simulator for a while.
With both v14.2 original and v14.2 inverse.
I'll trade the 5min because it moves quick enough to get several trades in so we can sample what's going on, the 1m is too jumpy....
If anyone else wants to simply test the strategy manually that would be great. Then we can know a little better if it is worth the efforts of coding.
  • #890
  • Edited 8:04am Dec 1, 2010 5:03am | Edited 8:04am
let's see how this goes.
This was a setup for 14.2 original.
cci says market trending,
all buy signals..
stop 20 tp 20
20 pip stop is little tight...
changing it to stop 30 tp 30
This might not work out since many of the filters we usually use for 14.2 original are not being used here.
Such as macd on the 1m and multi time frame moving averages. So this may not be a fair test.. for 14.2original.
The trade based on v14.2 original was not good, I thought so, since we didn't have use of the full functions in the manual test, however the next trade based on v14.2inverse was good.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: inv3.gif Size: 53 KB
Click to Enlarge Name: inv4.gif Size: 36 KB
  • #891
  • Dec 1, 2010 5:34am Dec 1, 2010 5:34am
Quoting Taiyakixz
I don't want to even write such a thing, but....

trial? Do not change the word after I made the ea.

With previous inverse version, I told you that it did not make profit.
Whatever I told you, you told me eagerly that it was profitable and to make it.
After I made the ea, you just said sorry and tought the next idea.
You didn't study anything by it?

Not only you, many members told me to make a ea, they told that those strategy were profitable and very good, but after I made the ea, they said, 'just testing'.
I am sick of them.
Of course I know...
We are sorry to see you go. We understand how it can be frustrating.
A large part of the problem is simply turning what is a fairly decent strategy into one that is successful in automated trading.
Thank you for all you have done.
Good luck, my friend.
  • #892
  • Dec 1, 2010 8:14am Dec 1, 2010 8:14am
It looks like we've lost our coder. Feels a little weird to try to develop the ea any further without the coder. We've come so far along with this, and at the last minute Taiyakixz has a fit and jumps ship.

The pieces are just starting to really come together for automation. http://www.tangotang.com/Mambo/image...ing_hg_clr.gif

I'll keep trading v14.2 inverse with cci 55 but it is looking like it is ready to go. We need to add cci to v14.2 inverse. I can try to do it, but my coding skills are rudimentary to say the least.


  • #893
  • Dec 1, 2010 10:05am Dec 1, 2010 10:05am
Okay here's the plan. The robot is going to have be put on hold for a while.
Without someone to work with for coding we can't go any further with it.
This is not the end. Just a pause that refreshes....
I have confidence in this ea so we will wait a bit and see how to go further. It is funny because we are so close to getting it to run after exploring so many avenues. Just before the the final stage is set, the door slams shut...
Thanks to all who gave so many good ideas. I learned so much from everyone.
Will see you soon. Am going to trade the v14.2inverse strategy manually for a while.
I'll be over here:
http://www.forexfactory.com/showthread.php?t=268142
  • #894
  • Dec 3, 2010 4:59am Dec 3, 2010 4:59am
I think this robot just needs to be forward tested with different settings.
I have been using SSMA 3-7-10-14 only, disabled other filter, because i think it is similar to a manual strategy i was looking at. so far ok. TP 30 / SL 90. Started live this week, just running off my laptop as i am away from home so it is only on overnight EST, and so far have been ok. just trading EUR/USD .... using .01 lots so risk is minimal. We should not be looking for 100% accuracy, I think this is the problem.
As far a trend ... using a few moving averages will keeps you out of a ranging market, only problem will be when trend changes, so you have to a balance
  • #895
  • Dec 3, 2010 8:03am Dec 3, 2010 8:03am
Quoting junglist0000
I think this robot just needs to be forward tested with different settings.
I have been using SSMA 3-7-10-14 only, disabled other filter, because i think it is similar to a manual strategy i was looking at. so far ok. TP 30 / SL 90. Started live this week, just running off my laptop as i am away from home so it is only on overnight EST, and so far have been ok. just trading EUR/USD .... using .01 lots so risk is minimal. We should not be looking for 100% accuracy, I think this is the problem.
As far a trend ... using a few moving averages will...
Drop by
http://www.forexfactory.com/showthread.php?t=268142
good stuff happening....
The dragon lives...
  • #896
  • Feb 8, 2012 12:42pm Feb 8, 2012 12:42pm
Hi, I am very interested in this strategy, but I do not see any activity on this thread for many months. Are you still working on it/with it? Tx, Bob
Do not dwell in the past, do not dream of the future, concentrate the mind.
  • #897
  • Feb 9, 2012 3:48am Feb 9, 2012 3:48am
Quoting AlbinaGrande
Hi, I am very interested in this strategy, but I do not see any activity on this thread for many months. Are you still working on it/with it? Tx, Bob
The ea has a lot going for it. Feel free to experiment with it.
am always fiddling with this or that...

Am currently trading a day strategy with success. The only time I've made money consistently in forex. http://www.forexfactory.com/showthread.php?t=326033

Stop by the lounge when you get a chance..http://www.forexfactory.com/showthread.php?t=271399
  • #898
  • Feb 9, 2012 11:33am Feb 9, 2012 11:33am
Thanks for your reply. I am only a junior member, so I can not visit the lounge, but hopefully one day soon. Glad to hear that you are still using DSS Bressert. Currently I am experimenting with daily positions but taking signals off the 1 Hr charts. I use a variety of indicators as correlates, but mainly I am a trend follower using 8, 34, 200 periods primarily.
Do not dwell in the past, do not dream of the future, concentrate the mind.
  • #899
  • Feb 10, 2012 5:41am Feb 10, 2012 5:41am
Quoting AlbinaGrande
Thanks for your reply. I am only a junior member, so I can not visit the lounge, but hopefully one day soon. Glad to hear that you are still using DSS Bressert. Currently I am experimenting with daily positions but taking signals off the 1 Hr charts. I use a variety of indicators as correlates, but mainly I am a trend follower using 8, 34, 200 periods primarily.
I've narrowed it down to moving averages. No more indicators. This is really nice ea. Three moving averages. Probably the most popular trding stategy in the world.
Noticed something interesting. If the middle average is less than the fast moving average there are some interesting trades. Not exactly a reverse setting but similar...
http://www.tradingsystemforex.com/ex...-modified.html
Attached File(s)
File Type: mq4 Three moving averages EA.mq4   6 KB | 430 downloads
  • #900
  • Feb 10, 2012 2:08pm Feb 10, 2012 2:08pm
Thanks for your suggestion. I will give it a try. PRICE RULES!!, but I need visual aids that I can compare across several time frames - hence my interest in indicators. Right now I judge trend with HA candles, my 3 MAs and DMI particularly on the Daily and 4Hr charts. I want to see price leading the MAs and DMI confirming. Then DSS Bressert for trade signals after a cross in OB/OS zones. DMI convergence and for sure a cross seems to work pretty well for intermediate trend change warnings. Have you looked at Ichimoku Clouds by any chance? Perhaps a help with Money Management.
Do not dwell in the past, do not dream of the future, concentrate the mind.
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