Itīs a CounterTrend version based on fractals, original Caillou version is like "Single Pair" version but this one,......, I think is different.
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DislikedHi,
gspe, your idea for fractal is good but my test show than it don't work properly as hight and low of fractal's, maybe I am wrong ?
thanksIgnored
DislikedGspe,
Have you considered my previous suggestion on post #50? Here it is:
Buy when price closes above the open price of previous down candle. Sell when price closes below the open price of previous up candle. User option to trade long or short or both.
Thanks,
Edd
Ignored
DislikedHi Edd,
sorry i didn't. I was busy so i made only little modification to the code.
Maybe you could be interested in this thread http://www.forexfactory.com/showthre...&highlight=rat
The EA is based on idea similar to your suggestion and seams very interesting and promising.
gspeIgnored
DislikedBeen running v1.04 since Friday night and the results are staggering forward testing. I have it running on a $500 demo account using EU, EG, GU M1 charts (settings below) and account balance is up 68%!!
Just added AU and USDCHF as well to see how they effect the results.
Settings:
DisplayGapSize=30
Lot=0.1
WithTrendLotMultiplier=1.0
ProfitTarget=5
SingleTradeProfitTarget=7
MagicNumber=0
TradeComment=
CriminalIsECN=1
tt=----Trading hours----
Trade_Hours=Set Morning & Evening Hours
Trade_Hoursi=Use 24 hour, local time clock
Trade_Hours_M=Morning...Ignored
DislikedBeen running v1.04 since Friday night and the results are staggering forward testing. I have it running on a $500 demo account using EU, EG, GU M1 charts (settings below) and account balance is up 68%!!
Just added AU and USDCHF as well to see how they effect the results.
Settings:
DisplayGapSize=30
Lot=0.1
WithTrendLotMultiplier=1.0
ProfitTarget=5
SingleTradeProfitTarget=7
MagicNumber=0
TradeComment=
CriminalIsECN=1
tt=----Trading hours----
Trade_Hours=Set Morning & Evening Hours
Trade_Hoursi=Use 24 hour, local time clock
Trade_Hours_M=Morning...Ignored
DislikedBeen running v1.04 since Friday night and the results are staggering forward testing. I have it running on a $500 demo account using EU, EG, GU M1 charts (settings below) and account balance is up 68%!!
Just added AU and USDCHF as well to see how they effect the results.
Settings:
DisplayGapSize=30
Lot=0.1
WithTrendLotMultiplier=1.0
ProfitTarget=5
SingleTradeProfitTarget=7
MagicNumber=0
TradeComment=
CriminalIsECN=1
tt=----Trading hours----
Trade_Hours=Set Morning & Evening Hours
Trade_Hoursi=Use 24 hour, local time clock
Trade_Hours_M=Morning...Ignored
DislikedEu and GU M1
caillou v1.01 (inverted)
you'll find bellow the settings
DisplayGapSize=30
Lot=0.10
WithTrendLotMultiplier=1
ProfitTarget=5
SingleTradeProfitTarget=7
MagicNumber=110
TradeComment=
CriminalIsECN=0
tt=----Trading hours----
Trade_Hours=Set Morning & Evening Hours
Trade_Hoursi=Use 24 hour, local time clock
Trade_Hours_M=Morning Hours 0-12
start_hourm=6
end_hourm=11
[size=2]Trade_Hours_E=Evening...Ignored
DislikedI also noticed the SingleTradeProfit of 7 was too high so i reduced to 5, as several times it reach 5.5 and then retraced to -50!!
I like this system but DD needs to be controlled to protect before it could conceivably be traded live. But a $500 account now at $2792 in less that 2 days is crazy :-)Ignored
DislikedI've been running now since Friday night, see previous post, and i added AU and USDCHF yesterday morning. This seems like a bad idea as AU seems to increase floating drawdown from 14% to 84%!!!!!!!
This needs to be addressed so i am thinking the max trades or max margin percent options from v1.02 need to be added to protect account. Also maybe changing the trading times per pair to improve the the results.
I also noticed the SingleTradeProfit of 7 was too high so i reduced to 5, as several times it reach 5.5 and then retraced to -50!!
I like...Ignored
DislikedHi,
i'm just thinking about this.
I think that we need to have a dynamic take profit also.
What do you think guys if we try to link take profit to H1 ATR(14), could be a good idea?
Let me know what do you think
This is my forward test from yesterday
http://www.myfxbook.com/widgets/112651/medium.jpg
gspeIgnored
DislikedHi,
Which version are you using? Is it 1.04 with same settings as Magft?
Are you using your fractal idea?
I used Magft's settings yesterday and got similar results although sometime in the night my MT4 crashed and I don't know if it was because of the bot. I have a VPS but did not have the bot on it.
I can start testing on my VPS since it looks promising but I'd like to test several set files from others.
ThanksIgnored
DislikedHi,
i'm using v1.04 default settings.
I don't think that let the EA run all day is a good idea
In order to strategies works we need very low spread and good amount of price move. So during the asian session we have, generally, very hight spread ant so much price move.
And will be a good idea stop the EA before strong newsIgnored
DislikedHi, have other people discovered this ea stops trading at certain times. I have the times in the EA set to 24 hours and the rsi filter should allow trading but it doesn't seem to enter trades, I have no open trades at the moment.
any thoughts anyone?
tks
PeterIgnored
DislikedHello Peter,
Have you managed to run the EA on offline Renko charts?
I've been trying but works rarely and only opens one or two trades.
I think running on Renko would be good as on normal candlestick chart there is a big candle and can miss some pips cuz of the candle, only for price to change direction.Ignored
DislikedHi, Piptastic, I have run on renko charts on a couple of different brokers and charts. Its very erratic with entries across pairs and brokers - without any obvious pattern. I also agree that should make sense for renko - just doesn't seem to work consistently
rgds
PeterIgnored