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Snow Roller - An Avalanche of Profits

  • #241
  • Apr 27, 2011 7:50am Apr 27, 2011 7:50am
This is from SnowRoller 1.005. It's still hanging in just above even. Not the prettiest equity curve but it does spend a lot of time at or above water. This is without optimization based on symbol or time of day. That would surely improve the results.
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  • #242
  • Apr 27, 2011 9:33am Apr 27, 2011 9:33am
so maybe what we need is a pip rebate thru cashbackforex or something.
Then, the ea could just stay at breakeven forever and we'll get paid for the massive number of trades instead
  • #243
  • Apr 27, 2011 11:48pm Apr 27, 2011 11:48pm
Quoting tazmaan
so maybe what we need is a pip rebate thru cashbackforex or something.
Then, the ea could just stay at breakeven forever and we'll get paid for the massive number of trades instead
Lol - well I hope it can be turned into a cash cow in its current form without milking the rebate machine. I think that by using the indicator Basket_Stats_Time it is possible to discover the best times for trading, and which pairs are best for trading too. If the past performance is indicative of how those pairs and those times will behave, then it should be possible to start tacking on profits. I've been testing this one 1.005 version for some time now. I think this is the right way to do things - use one demo account as a way to determine the proper pairs and times of day. Then start up a new demo and test that for efficacy using the settings that were discovered.

I'm thinking of starting a new demo to just trade Midnight (Eastern) to 6:00 AM and to limit down the pairs to just the profitable one on my report. That will be (the 6 pairs in Cyan). That gives 2 JPY crosses, 2 USD crosses, and 2 European crosses.
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  • #244
  • Edited 3:11am Apr 28, 2011 12:58am | Edited 3:11am
Quoting FXEZ
Lol - well I hope it can be turned into a cash cow in its current form without milking the rebate machine. I think that by using the indicator Basket_Stats_Time it is possible to discover the best times for trading, and which pairs are best for trading too. If the past performance is indicative of how those pairs and those times will behave, then it should be possible to start tacking on profits....

Ok inspired by my own words, I just started a brand spankin new 10K demo. If anyone wants to follow along with my progress It's an InterbankFx demo.

Name : SnowRoller 1.005 M1
Login : 2816474
Investor : uyu3cio (read only password)

Pairs being traded are EURUSD, AUDUSD, USDJPY, EURJPY, EURCHF, EURGBP

Yes that's a lot of EUR pairs. I'm setting the EA to trade 2:00 AM to 9:00 AM server time as I think that's the block of times given by Basket_Stats_Time and I'm 99.8% sure that those times are also server times.

Edit: remove .txt from end of settings file.
Attached File(s)
File Type: txt sr_1_005.set.txt   < 1 KB | 331 downloads
  • #245
  • Apr 28, 2011 1:48am Apr 28, 2011 1:48am
So is the time setting in the ea based on server time, gmt or local time?
thanks
  • #246
  • Apr 28, 2011 2:56am Apr 28, 2011 2:56am
Quoting tazmaan
So is the time setting in the ea based on server time, gmt or local time?
thanks
Time is in server time.

Apparently the time limits were never working. I just fixed them on 1.005 and 1.007 and they are now uploaded on the SnowRoller download page. And now it appears that I'm getting trades so I'll keep an eye on it.
  • #247
  • Apr 28, 2011 6:45am Apr 28, 2011 6:45am
Testing latest version as well.
  • #248
  • Apr 28, 2011 10:30am Apr 28, 2011 10:30am
Quoting FXEZ
Time is in server time.

Apparently the time limits were never working. I just fixed them on 1.005 and 1.007 and they are now uploaded on the SnowRoller download page. And now it appears that I'm getting trades so I'll keep an eye on it.
I didn't like the way it was going because Basket_Stats_Time figures time in local computer time so I switched back to local computer time. Changes have been uploaded to the site.
  • #249
  • Apr 28, 2011 4:07pm Apr 28, 2011 4:07pm
FXEZ,

Would you be so kind to make basket stats time open on a separate window? I tried to make the changes but this is how it is coming out.

http://i55.tinypic.com/2rot5k2.gif
  • #250
  • Apr 28, 2011 6:34pm Apr 28, 2011 6:34pm
Quoting newark18
FXEZ,

Would you be so kind to make basket stats time open on a separate window? I tried to make the changes but this is how it is coming out.

http://i55.tinypic.com/2rot5k2.gif
What do you mean by a separate window?
  • #251
  • Apr 28, 2011 6:38pm Apr 28, 2011 6:38pm
Quoting FXEZ
What do you mean by a separate window?
Indicators can be shown on the main chart windout you can force it to create a separate window underneath. I forced a separate window but the information still went on the main chart for some reason.
  • #252
  • Apr 28, 2011 7:17pm Apr 28, 2011 7:17pm
Quoting newark18
Indicators can be shown on the main chart windout you can force it to create a separate window underneath. I forced a separate window but the information still went on the main chart for some reason.
It looks like all you need to do is anchor it to the bottom right corner of the screen by setting corner = 3 on the inputs?
  • #253
  • Apr 28, 2011 7:25pm Apr 28, 2011 7:25pm
Are we sure the trade time inputs in the latest ea are working?
I have mine set to 0900 - 1300, yet I am getting trades nonstop, so doesnt appear to be working.
  • #254
  • Apr 28, 2011 7:33pm Apr 28, 2011 7:33pm
Quoting tazmaan
Are we sure the trade time inputs in the latest ea are working?
I have mine set to 0900 - 1300, yet I am getting trades nonstop, so doesnt appear to be working.
Look at the following line in your code.

Inserted Code
// a return value of true means we stop trading, false means trading is allowed
bool EvaluateTime() {
   if(useTime1Trading == false ) return(false);
   [b]int t = TimeHour(TimeLocal()) * 100 + TimeMinute(TimeLocal());[/b]

It's that last line that should be set to TimeLocal to get the local server time. In the original version I used Hour which just returns the startup time (my mistake). Edit the line in bold (above) if need be in your code
  • #255
  • Apr 28, 2011 8:23pm Apr 28, 2011 8:23pm
Quoting FXEZ
It looks like all you need to do is anchor it to the bottom right corner of the screen by setting corner = 3 on the inputs?
Oh if it were that easy...but its not
  • #256
  • Apr 29, 2011 12:06am Apr 29, 2011 12:06am
Quoting newark18
Oh if it were that easy...but its not
I don't have an answer for this. If you can point me to an indicator where this is done (indicator text written to a subplot) maybe I can adapt the code.
  • #257
  • Apr 29, 2011 12:57am Apr 29, 2011 12:57am
Quoting FXEZ
I don't have an answer for this. If you can point me to an indicator where this is done (indicator text written to a subplot) maybe I can adapt the code.
Ok so I figured it out. The code change is actually quite simple really if anyone wants to know I'm happy to explain. I uploaded a new version called Basket_Stats_Time_Sub.mq4 that should plot the Basket_Stats_Time indicator in a subplot. All other functionality is the same as Basket_Stats_Time. Quite a useful idea (thanks newark) because this indicator takes up a lot of screen real estate. You can download Basket_Stats_Time_Sub.mq4 from its freshly uploaded location.
  • #258
  • Apr 29, 2011 6:41am Apr 29, 2011 6:41am
As always, you are the man!
  • #259
  • May 5, 2011 12:08pm May 5, 2011 12:08pm
Here is an update on the account I mentioned below. Feel free to follow along. I changed from using a set time of day to close out trades to not using the time limitation. I was finding that it was better to just run it around the clock rather than close out as some of the positions took quite a while to work out. It took quite a while but it has now clawed back in classic V shape equity formation as a result of this latest volatility in the markets. I'm still testing other strategies and will update here when I have something to report.

Quoting FXEZ
Ok inspired by my own words, I just started a brand spankin new 10K demo. If anyone wants to follow along with my progress It's an InterbankFx demo.
Quote
Name : SnowRoller 1.005 M1
Login : 2816474
Investor : uyu3cio (read only password)
Attached Image (click to enlarge)
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  • #260
  • May 5, 2011 2:44pm May 5, 2011 2:44pm
Attached Image (click to enlarge)
Click to Enlarge Name: DetailedStatement.gif Size: 5 KB
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