• Home
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • User/Email: Password:
  • 11:49pm
Menu
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • 11:49pm
Sister Sites
  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Open Trade near Pivot line (Pivot Point) 14 replies

Help with daily pivot, weekly pivot on MT4 3 replies

RSI Daily Pivot Point System v2.0 192 replies

RSI Daily Pivot Point System 179 replies

Pivot point reference point? 7 replies

  • Trading Systems
  • /
  • Reply to Thread
  • Subscribe
  • 63
Attachments: Daily Pivot Point Trades
Exit Attachments
Tags: Daily Pivot Point Trades
Cancel

Daily Pivot Point Trades

  • Last Post
  •  
  • 1 34Page 567 17
  • 1 4Page 56 17
  •  
  • Post #81
  • Quote
  • Dec 16, 2011 6:42am Dec 16, 2011 6:42am
  •  tranco
  • | Joined Sep 2010 | Status: Member | 714 Posts
EA Pivot
Attached File(s)
File Type: ex4 Pivot_EA_v2R1S1.ex4   9 KB | 460 downloads
 
 
  • Post #82
  • Quote
  • Dec 16, 2011 6:47am Dec 16, 2011 6:47am
  •  lhDT
  • Joined Sep 2011 | Status: Follow me on twitter @Lioh_ | 492 Posts
Quoting tranco
Disliked
Results Eur / usd 01-01-2009 30-11-2011
http://imtp.me/2c3701fle.p equity performance
http://imtp.me/2c3801fle.p performance analysis
 
Results GBP/USD 01-01-2009 -- 30-11-2011
http://imtp.me/2c3a01fle.p[size=2]...
Ignored
Negative backtests ?
#### Follow me at @LioH_ on Twitter ... ####
 
 
  • Post #83
  • Quote
  • Dec 16, 2011 6:48am Dec 16, 2011 6:48am
  •  tranco
  • | Joined Sep 2010 | Status: Member | 714 Posts
Yep !!!
 
 
  • Post #84
  • Quote
  • Dec 16, 2011 6:50am Dec 16, 2011 6:50am
  •  lhDT
  • Joined Sep 2011 | Status: Follow me on twitter @Lioh_ | 492 Posts
Made a sell as price goes below the daily low but bounce up just after ...
Any suggestions ? Wait until end of london session ? Close ?
Attached Image
#### Follow me at @LioH_ on Twitter ... ####
 
 
  • Post #85
  • Quote
  • Dec 16, 2011 6:54am Dec 16, 2011 6:54am
  •  tranco
  • | Joined Sep 2010 | Status: Member | 714 Posts
that’s our job and our expertise Back Testing
We had back test 1000’s of EA’s for costumers
There is not a single automated EA that works
In 6 years of doing that I had see only 2 systems with great results
which are more than 600 lines of Code
 
 
  • Post #86
  • Quote
  • Dec 16, 2011 7:00am Dec 16, 2011 7:00am
  •  BongaBonga
  • | Joined Jul 2011 | Status: Member | 119 Posts
Quoting tranco
Disliked
Results Eur / usd 01-01-2009 30-11-2011
http://imtp.me/2c3701fle.p equity performance
http://imtp.me/2c3801fle.p[size=2]...
Ignored
I am surprised at how different your results are compared to my studies with Excel. So different that it makes me wonder if you didn't do something incorrectly. What was the daily cutoff time used in those tests?

The good thing about excel is I can see every trade and analyze them one by one for validity. If you are happy with your results, then great.
 
 
  • Post #87
  • Quote
  • Dec 16, 2011 7:02am Dec 16, 2011 7:02am
  •  lhDT
  • Joined Sep 2011 | Status: Follow me on twitter @Lioh_ | 492 Posts
Quoting tranco
Disliked
that’s our job and our expertise Back Testing
We had back test 1000’s of EA’s for costumers
There is not a single automated EA that works
In 6 years of doing that I had see only 2 systems with great results
which are more than 600 lines of Code
Ignored
Tranco, post the mql file so we can see if everything is OK.
#### Follow me at @LioH_ on Twitter ... ####
 
 
  • Post #88
  • Quote
  • Dec 16, 2011 7:07am Dec 16, 2011 7:07am
  •  BongaBonga
  • | Joined Jul 2011 | Status: Member | 119 Posts
Quoting ronnierott
Disliked
Bonga,

Are these figures based only on G/U?? Or are they G/U & E/U combined??

Regards
Ignored
Based off of GBPUSD only.
 
 
  • Post #89
  • Quote
  • Dec 16, 2011 7:09am Dec 16, 2011 7:09am
  •  tranco
  • | Joined Sep 2010 | Status: Member | 714 Posts
Quoting lhDT
Disliked
Tranco, post the mql file so we can see if everything is OK.
Ignored

We never send mql files in contribution EA’s
Because in the past we see our free EA’s sold in e-bay
But you can test it by using pivot and the EA together
And you can optimize it as well
It is well tested by us that’s our job
 
 
  • Post #90
  • Quote
  • Dec 16, 2011 7:12am Dec 16, 2011 7:12am
  •  BongaBonga
  • | Joined Jul 2011 | Status: Member | 119 Posts
Quoting lhDT
Disliked
Made a sell as price goes below the daily low but bounce up just after ...
Any suggestions ? Wait until end of london session ? Close ?
Ignored
Was the day biased towards selling or buying? I know on GBPUSD it was towards buying. Remember, we expect the price to go towards the pivot and bouce off of it. It won't be a perfect bounce right at the pivot, but that is why we have the SL at S1. If price is on the opposite side of the pivot from the bias and nothing has changed, then it won't be there for long.
 
 
  • Post #91
  • Quote
  • Dec 16, 2011 7:12am Dec 16, 2011 7:12am
  •  lhDT
  • Joined Sep 2011 | Status: Follow me on twitter @Lioh_ | 492 Posts
Quoting tranco
Disliked
We never send mql files in contribution EA’s
Because in the past we see our free EA’s sold in e-bay
But you can test it by using pivot and the EA together
And you can optimize it as well
It is well tested by us that’s our job
Ignored
Ok I 100% understand that.
What do you do ? You have team of coders and code freely EA for people ?
I don't get the point.
#### Follow me at @LioH_ on Twitter ... ####
 
 
  • Post #92
  • Quote
  • Dec 16, 2011 7:13am Dec 16, 2011 7:13am
  •  tranco
  • | Joined Sep 2010 | Status: Member | 714 Posts
Quoting BongaBonga
Disliked
I am surprised at how different your results are compared to my studies with Excel. So different that it makes me wonder if you didn't do something incorrectly. What was the daily cutoff time used in those tests?

The good thing about excel is I can see every trade and analyze them one by one for validity. If you are happy with your results, then great.
Ignored


Set ups 6.000 gmt 18000 gmt
But change the time if you like from the front of the EA settings
 
 
  • Post #93
  • Quote
  • Dec 16, 2011 7:15am Dec 16, 2011 7:15am
  •  tranco
  • | Joined Sep 2010 | Status: Member | 714 Posts
Quoting lhDT
Disliked
Ok I 100% understand that.
What do you do ? You have team of coders and code freely EA for people ?
I don't get the point.
Ignored
We are traders and we get programmers for our needs and by the years
We get costumers that are come to us for EA developing and back testing
 
 
  • Post #94
  • Quote
  • Dec 16, 2011 7:23am Dec 16, 2011 7:23am
  •  BongaBonga
  • | Joined Jul 2011 | Status: Member | 119 Posts
Quoting tranco
Disliked
Set ups 6.000 gmt 18000 gmt
But change the time if you like from the front of the EA settings
Ignored
I'm interested in what you make of the very big difference between your EA and what I came up with in Excel.
 
 
  • Post #95
  • Quote
  • Dec 16, 2011 7:31am Dec 16, 2011 7:31am
  •  tranco
  • | Joined Sep 2010 | Status: Member | 714 Posts
Quoting BongaBonga
Disliked
I'm interested in what you make of the very big difference between your EA and what I came up with in Excel.
Ignored

Just check it your self I don’t know how you use your Excel by tick? By bar?
in our Back test we use tick by tick data for accuracy
 
 
  • Post #96
  • Quote
  • Dec 16, 2011 7:37am Dec 16, 2011 7:37am
  •  lhDT
  • Joined Sep 2011 | Status: Follow me on twitter @Lioh_ | 492 Posts
Quoting lhDT
Disliked
Made a sell as price goes below the daily low but bounce up just after ...
Any suggestions ? Wait until end of london session ? Close ?
Ignored
R1 SL hit ...
Attached Image
#### Follow me at @LioH_ on Twitter ... ####
 
 
  • Post #97
  • Quote
  • Dec 16, 2011 7:40am Dec 16, 2011 7:40am
  •  BongaBonga
  • | Joined Jul 2011 | Status: Member | 119 Posts
Quoting tranco
Disliked
Just check it your self I don’t know how you use your Excel by tick? By bar?
in our Back test we use tick by tick data for accuracy
Ignored
I just use the daily high, low, close. If the low was lower than the stop loss, it counts as a loss. If the high was higher than the tp, its a win. Just that basic information is all you need. With ~60% win rate and at worst a 1:1 R:R I just don't see how you can produce a graph like what you presented.

Using tick for tick data for accuracy on incorrect code is still incorrect.
 
 
  • Post #98
  • Quote
  • Dec 16, 2011 7:43am Dec 16, 2011 7:43am
  •  BongaBonga
  • | Joined Jul 2011 | Status: Member | 119 Posts
Quoting lhDT
Disliked
R1 SL hit ...
Ignored
You might have missed my post in regards to your earlier chart so I'll summarize.

What pair were you trading? What was the bias for the day? With GBPUSD it was bias towards buys. To trade short would have been risky.
 
 
  • Post #99
  • Quote
  • Dec 16, 2011 7:45am Dec 16, 2011 7:45am
  •  lhDT
  • Joined Sep 2011 | Status: Follow me on twitter @Lioh_ | 492 Posts
Quoting BongaBonga
Disliked
You might have missed my post in regards to your earlier chart so I'll summarize.

What pair were you trading? What was the bias for the day? With GBPUSD it was bias towards buys. To trade short would have been risky.
Ignored
- Buy & Sell stop were set at 7:00 gmt+1 with SL/TP to R1&S1
- Pair : E/U
#### Follow me at @LioH_ on Twitter ... ####
 
 
  • Post #100
  • Quote
  • Dec 16, 2011 7:55am Dec 16, 2011 7:55am
  •  BongaBonga
  • | Joined Jul 2011 | Status: Member | 119 Posts
Quoting lhDT
Disliked
- Buy & Sell stop were set at 7:00 gmt+1 with SL/TP to R1&S1
- Pair : E/U
Ignored
Are these the pivot values you got?

R1 1.3066
Pivot 1.3011
S1 1.2973
Close 1.3027

Since you are GMT+1 you would need to get your pivot points at 6am since midnight EST is 0500GMT. The bias for the euro today would have been towards buying.
 
 
  • Trading Systems
  • /
  • Daily Pivot Point Trades
  • Reply to Thread
    • 1 34Page 567 17
    • 1 4Page 56 17
0 traders viewing now
  • More
Top of Page
  • Facebook
  • Twitter
About FF
  • Mission
  • Products
  • User Guide
  • Media Kit
  • Blog
  • Contact
FF Products
  • Forums
  • Trades
  • Calendar
  • News
  • Market
  • Brokers
  • Trade Explorer
FF Website
  • Homepage
  • Search
  • Members
  • Report a Bug
Follow FF
  • Facebook
  • Twitter

FF Sister Sites:

  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Forex Factory® is a brand of Fair Economy, Inc.

Terms of Service / ©2023