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Simple H1 GBPUSD EA

  • #9,681
  • Edited 3:25pm Jul 15, 2011 3:14pm | Edited 3:25pm
Hi TD

I explained in pag. 644 and post #9651 abotu rules TMA and pics about TMA, living results,etc.

http://www.myfxbook.com/members/yuri...ijapreal/13675

Regards,
Mr. Juliusss...


Quoting Tradingdesk
I am increasing my due diligence Mr.Juliussss!

1.Post your live trading results, which are according to your statement superior to whatever version is available with your application of the TMA indicator as filter

2.Post your MyFxBook link so that we all can verify your results

Thereafter we can talk about programming the TMA filter under the following conditions:

-post a screenshot of your chart setup including the indicator

-describe exactly the rules, not only TMA= true/false, because it is extensive work to program this feature

-what to...
  • #9,682
  • Jul 15, 2011 3:28pm Jul 15, 2011 3:28pm
Hi Dryclean

Do you explain about functionality TMA filter. This's your idea.

Regards,
Mr. Juliusss...
  • #9,683
  • Jul 15, 2011 3:40pm Jul 15, 2011 3:40pm
Hi
I must say this is a fantastic EA! I have used it for little more than one year and made ca 100%!
I risk 10% per trade, everything default, bu slow sma also 10. I think that with a slow sma it filters a lot of god trades, and last summer I think many people lefty this EA because loose, but with no slow sma their whas more winners....I love this EA.
Best wishes
Elovv
  • #9,684
  • Jul 15, 2011 3:49pm Jul 15, 2011 3:49pm
Quoting Elovv
Hi
I must say this is a fantastic EA! I have used it for little more than one year and made ca 100%!
I risk 10% per trade, everything default, bu slow sma also 10. I think that with a slow sma it filters a lot of god trades, and last summer I think many people lefty this EA because loose, but with no slow sma their whas more winners....I love this EA.
Best wishes
Elovv
Which version do you use? Do you use all default settings?
Thanks
  • #9,685
  • Jul 15, 2011 3:57pm Jul 15, 2011 3:57pm
http://www.forexfactory.com/showthread.php?t=274194
Weekend reading

go to NB1.0 Trend zip file post 1 and read the nanobob1.0 doc file
it explains TMA totally......

But beware tma alone backtesting does not work tma must be live
tma true indi should be used for backtest

hope this helps
Attached File(s)
File Type: ex4 TmaTrue.ex4   4 KB | 472 downloads
  • #9,686
  • Edited 1:09pm Jul 16, 2011 3:22am | Edited 1:09pm
Members,

you did not understand my points!

1.My posted backtest results used the very last published version of this method from post #1.

2.I have optimized the settings. TP/SL and especially the fast MA, because if you had fully read and afterwards understood the method, you should have immeadiatly grasped that the fast MA can act as the best filter.
I posted these settings.

3.If i were you and get my hands for free on a new and highly profitable setting, the first thing would be to verify this setting.

4.If that setting gives 95% winners, i were not concerned about anything else anymore.

But here we do have a different case:

Because the latest version is a .ex file and therefore not freely accessable certain blokes are not using it. Even though results have been proven worse and important features like the "time exit" are missing, stuuburness dictates to use a TMA filter. Even this stubburness can not help to overcome a strong resistance to even verify that use of the aforementioned indicator gives better results long term.
Last years losses could have been easily avoided by finetuning the fast MA period setting.

All i can say is:

I do not understand this at all. Are people in this thread really interested to get a profitable trading tool, or are they much rather interested in a programming contest for educational purposes.

TD
  • #9,687
  • Jul 16, 2011 5:19am Jul 16, 2011 5:19am
Hi,

I'm new to this forum.
I've been trying this EA in the backtester (latest version with default settings on first page). It seems to be very profitable etc during the period 2009-2011 but it's a losing strategy the years before that?

The strategy seems to be getting a lot of attention so I assume it's a good one. I wonder if there are any better settings or versions since the information given in the first post? Hopefully this strategy isn't just optimized for good backtest results during the last 2 years or so?

Thanks
  • #9,688
  • Jul 16, 2011 7:57am Jul 16, 2011 7:57am
Quoting cuddlebum
Which version do you use? Do you use all default settings?
Thanks
Hi

I use the last EA (in the first post) Everything default besides I dont use slow sma, slow sma=10, maxopenhours=23, maxopenminprofi=-140 (always close 1 hour befor next trade), TP=22,36,50 and SL=140, attach my setfile. Sometimes I close losing trades when I get up in the morning, GMT 05-06.
Best wishes
Elovv
I
Attached File(s)
File Type: txt templ.txt   35 KB | 561 downloads
  • #9,689
  • Jul 16, 2011 11:48am Jul 16, 2011 11:48am
Quoting Tradingdesk
Folks,

you did not understand my points!

1.My posted backtest results used the very last published version of this method from post #1.

2.I have optimized the settings. TP/SL and especially the fast MA, because if you had fully read and afterwards understood the method, you should have immeadiatly grasped that the fast MA can act as the best filter.
I posted these settings.

3.If i were you and get my hands for free on a new and highly profitable setting, the first thing would be to verify this setting.

4.If that setting gives 95% winners, i...
Hi TD.
I appreciate your great effort to provide 3 years backtest .
but before you decide to call "folks" to a members of this tread have a look
to this links and take it to your consideration:
http://www.forexfactory.com/showthre...00#post3940000

http://www.forexfactory.com/showthre...35#post3966135

as you can see we've seen them in the past with stoploss=140 pips soon after.
Finally you couch-up deferences between ex.file and mq4.file , so what was your offer about "coding any adds to Tokyo..Simple.ex."
In your post , point 3 "If i were you" .. OK! but you don't.
point 4 "If that setting gives 95% winners" I'm keen to give you the remains 5% and good luck!

and on the end of your post: "I do not understand this at all." which is really fine, it meant you're human as we, so very welcome between us.

TD, trust me, we really know how precious Geoffs, Piptician and many others participants strategies are.

Best regards

Mac.
  • #9,690
  • Edited 1:10pm Jul 16, 2011 11:58am | Edited 1:10pm
Mac,

be restassured, my posts are strictly for educational purposes............. and no offense intended............

Comments not to be taken personal.


TD
  • #9,691
  • Jul 16, 2011 4:34pm Jul 16, 2011 4:34pm
Hi,

does anyone know the correct GMT offset for markets.com?

Thanks!
  • #9,692
  • Jul 17, 2011 8:20am Jul 17, 2011 8:20am
Quoting yurijap
Hi TD

I explained in pag. 644 and post #9651 abotu rules TMA and pics about TMA, living results,etc.

http://www.myfxbook.com/members/yuri...ijapreal/13675

Regards,
Mr. Juliusss...
hey yurijap,
im interested in your trading method...
Can you explain why you have two charts opened?
Try to be more specific on how you enter and get out~
and how you use ea with your method...and it will be nice to know your settings as well...i use alpari uk as well

thank you,
Jamie
  • #9,693
  • Jul 17, 2011 8:58am Jul 17, 2011 8:58am
Can I ask what exit strategies people use when a losing trade is encountered, such as from the 14th?

I have been testing this EA on my Alpari demo account since 30 May with good results, apart from the losing trade opened last week on the 14th. Also I've been running it on live (Alpari Micro) since 5th July using a tiny lot size, this has only traded 3 times, including the loss trade of the 14th.

I'm using Gerry Berard's settings with maxopenhours = 7 and maxopenminprofit = 7. As the trade of the 14th had obviously not worked as normal I moved down the stop and allowed a stop-out for 3 x -94 pips

I see Elovv uses different settings with maxopenhours=23, maxopenminprofit=-140 to close any loss position before the next signal. Thus allowing a new (hopefully profitable) signal to possibly be taken the next night, rather than being blocked by a trade in DD.

Any advice/insights greatly appreciated!
Steve
  • #9,694
  • Edited 1:10pm Jul 17, 2011 11:11am | Edited 1:10pm
Quoting stevechelt
Can I ask what exit strategies people use when a losing trade is encountered, such as from the 14th?

I have been testing this EA on my Alpari demo account since 30 May with good results, apart from the losing trade opened last week on the 14th. Also I've been running it on live (Alpari Micro) since 5th July using a tiny lot size, this has only traded 3 times, including the loss trade of the 14th.

I'm using Gerry Berard's settings with maxopenhours = 7 and maxopenminprofit = 7. As the trade of the 14th had obviously not worked as normal I moved...

Hi Steve.
It maybe this was the case;
""Tokyo_GBPUSD_v17a
Tokyo17a which fixes the problem with the timed exit only working if you
have set the trailing stop option to true.
Also the timed exit was not working for the 3rd position if you used the 3 position settings.""

and also, why you want allow to close your position at maxopenminprof= -140pips?

""Tokyo_GBPUSD_H1_v17
Timed exit controlled via 2 new param
int PositionMaxOpenHours = 7;
int PositionMaxOpenHoursMinProfit = 8; // can be negative if you want to exit with a loss... ""

after setted "PositionMaxOpenHours = 7;" or whatever time you want,
you can hope for close at = -3 (or -10). because ST= -140 will close anyway.
In most cases , sometimes after 2-3 days it can close with positive pips.
However I usually use 2 options: 1) after 6 hr =+3;
2) after 7 hr = -3; (before open London session) which you can mange manually early morning.

Regards
Mac.
  • #9,695
  • Jul 17, 2011 12:38pm Jul 17, 2011 12:38pm
Dear Steve

I replay those day entry with GBPUSD pair for you.
Please see how it should looks like.

I hope you will find it helpful.

Mac.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Test_C.png Size: 66 KB
Click to Enlarge Name: Test_B.png Size: 78 KB
Click to Enlarge Name: Test_A.png Size: 57 KB
  • #9,696
  • Jul 17, 2011 1:32pm Jul 17, 2011 1:32pm
I must say how pleased I am that this thread is still running showing that
people still see some "edge" to the original "simple" strategy.

The GBPUSD market has suited this EA for the past couple of years and I
can't see the market changing very much in the next few years, let's face
it the World markets are in chaos!

I have always advocated the "simple" approach, the more filters you add the
less often an EA will trade, add enough filters and the EA will be 100% but
will only trade once a year!

For various reasons this may well be the last post I will make on the forum but
I wish everyone the very best of luck and one of the best ways you can
influence your luck is to read the posts from Elovv who has consistently
followed the original strategy with excellent results.

  • #9,697
  • Jul 17, 2011 1:47pm Jul 17, 2011 1:47pm
Quoting MacMG
I'm definitely with you.

Mac.

Hi Yurijap.

Just to try.
I made short test SimpleH1_v9 + TMA indi, on H1 chart to see how it works.
As I mention before it looks OK!
Now you can watch precisely when the price is in range of TMA indi, before Piptician eventually will add it to the strategy code.
This is only random sample of the trades taken by "auto" option, that is why is one loss and one win.
I hope you will find it helpful.

Best regards

Mac.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Test_D.png Size: 47 KB
Click to Enlarge Name: Test_E.png Size: 67 KB
  • #9,698
  • Jul 17, 2011 1:56pm Jul 17, 2011 1:56pm
Dear Geoff.

I extremely glad to see You around,
so I can again express my great thanks for everything you've done.

Best wishes to You
Still fun of Simple_V9

Best Regards

Mac.
  • #9,699
  • Jul 17, 2011 2:33pm Jul 17, 2011 2:33pm
Geoff,

We appreciate what you've done, all the work you have put forth in this thread, your sharing and your caring for us throughout......Wishing you all the best....Thanks for everything,
s
  • #9,700
  • Jul 17, 2011 2:36pm Jul 17, 2011 2:36pm
Quoting sanyhuis
Geoff,

We appreciate what you've done, all the work you have put forth in this thread, your sharing and your caring for us throughout......Wishing you all the best....Thanks for everything,
s
I agree
Elovv
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