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Daily Pivot Point Trades

  • #161
  • Dec 20, 2011 4:43am Dec 20, 2011 4:43am
Quoting tranco
To get 90% back testing results you must gather some data from Meta Quotes
To do that click on tools,options,charts and then at “max bars history “ press the number “9” up to fill up the box do the same with “Max bar in charts” then close the box
Click again at Tools, History center then find EURUSD 2bl click then select 1min and press download
Then close your MT4 and restart it again and continue with back test
Johan


seems there is no way else to solve this,
thx for advice
  • #162
  • Dec 20, 2011 4:54am Dec 20, 2011 4:54am
Quoting shahrooz67
As you obviously all know, backtesting should be modeled over 90% quality , ( google this to understand why) , if so we can (perhaps) rely on the results but not for sure.

Any way , i have back tested the EA sent by tranco ! altough i do not know what is inside ( Not proffesional work, for a loosing EA which wont be sold on Ebay ).

this is a looser one in my opinion (my results is n/a quality too )
just 219 $ net profit for a 10k account for one year !

That’s the reason I contribute the EA to the forum so thay can make they own back tests
Strategy is not mine and when I did my back testing 2 days ago I publish the results which was not good
And I repeat once more we had beck tested 1000’s of simple EA’s none of them was profitable .
I had see only 2 with great results and based on pattern recognition ,volume and volatility, EA’s more than 600 lines of code 30 A4 pages of code
By the way before you make any back test you must know how to doit in my back test in EURUSD the results was with 90% accuracy jut go and look at it
How ever the EA is no complete a failure you must employ some money management and different RR
Ratio .
The pivot trading it can be successful with 90% accuracy manually by trading the pin bars
If I find the time I will publish an EA we get that you can trade profitable with coin flip
Employing position sizing , trailing stops, and ATR
  • #163
  • Dec 20, 2011 4:58am Dec 20, 2011 4:58am
Quoting tranco
what system you use?
basic channel breakouts
wo-yoy! wo-yoy! wo-yoy! wo-yoi! wo-yoy-yoy-yoy!
  • #164
  • Dec 20, 2011 5:11am Dec 20, 2011 5:11am
Quoting BongaBonga
So I have been doing more work on the method and have identified two issues that would account for the big difference between tranco's EA backtest (so far the only one in this thread) and my excel model:

1) Pip range volatility
2) The now known as "Dreaded No Trade"

The actual win/loss % is skewed down compared to the model due to the fact every loss is taken, but not every win.

So I owe you an apology Tranco. Your results got me thinking and helped me with my study.

I am still seeing a real edge with my system, but I have taken...
i knew it would be hard to share.i thought you were extremely generous revealing your edge.i hear every system has its sell by date,especially if it becomes popular just like donchian channels,turtle trend system(richard dennis transformed $400 to $200,000,000!!!! then it constantly lost as markets trend less often.so i believe range-bound trading is the way.
wo-yoy! wo-yoy! wo-yoy! wo-yoi! wo-yoy-yoy-yoy!
  • #165
  • Dec 20, 2011 5:53am Dec 20, 2011 5:53am
I have been playing with pivots for a few weeks. Haven't tried the EA, in fact I have only just come across this thread.

After a few weeks I can honestly say I never found an edge in pivots. You may get a few weeks when price seems to respect the daily pivot then it goes tits up and starts respecting the R1 & S1 so there is no real consistency.

Interestingly though price seems to bounce off the mid-pivots with more consistency on lower time frames although this is not true for all pairs. I only trade 4H and daily so never fully tested it. Maybe worth adjusting the EA to concentrate on this instead.

Just my 2 cents
  • #166
  • Dec 20, 2011 5:57am Dec 20, 2011 5:57am
trade pin bars against the pivot to the direction of the head at the oposite color
  • #167
  • Dec 21, 2011 2:03am Dec 21, 2011 2:03am
Quoting mercy seat
Today's TABLE and SURVEY for the EUR/USD pair:

2011-12-20_00h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-51 a

Guten Morgen ... don't waste your time ... it's easy peasy ...




Faites vos jeux!




;-|

Today's TABLE and SURVEY for the EUR/USD pair:

2011-12-21_00h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-51 a

Guten Morgen ... don't waste your time ... it's easy peasy ...




Faites vos jeux!




;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-12-21_00h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-51 a 1.PNG Size: 120 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #168
  • Dec 21, 2011 3:06am Dec 21, 2011 3:06am
Quoting mercy seat
Today's TABLE and SURVEY for the EUR/USD pair:

2011-12-21_00h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-51 a

Guten Morgen ... don't waste your time ... it's easy peasy ...




Faites vos jeux!




;-|

Short since 1.31555 ...

Time 10:01 CET ...




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #169
  • Dec 21, 2011 4:29am Dec 21, 2011 4:29am
Quoting mercy seat
Short since 1.31555 ...

Time 10:01 CET ...




;-|
Second entry at 1.31899 ...

Time 11:22 CET ...




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #170
  • Dec 21, 2011 4:52am Dec 21, 2011 4:52am
Partials covered at 1.31402 ... (75%) ...

#576926

Time 11:45 CET ...




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #171
  • Dec 21, 2011 5:11am Dec 21, 2011 5:11am
Quoting mercy seat
Partials covered at 1.31402 ... (75%) ...

#576926

Time 11:45 CET ...




;-|
Null Problemo ...

That has been the big ones ... richtig fette Koffer !

Now covered further aprox. more than 25 - 30 different positions between 1.3101 and 1.3079 ...

Unmöglich das alles mit Zeit anzuführen ...

Many semiautomatic orders ...

It is part of my individual MM ...




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #172
  • Dec 21, 2011 6:21am Dec 21, 2011 6:21am
I get the feeling that every body left this thread
Its time to close the door and switch of the lights
  • #173
  • Dec 21, 2011 7:25am Dec 21, 2011 7:25am
Quoting mercy seat
Null Problemo ...

That has been the big ones ... richtig fette Koffer !

Now covered further aprox. more than 25 - 30 different positions between 1.3101 and 1.3079 ...

Unmöglich das alles mit Zeit anzuführen ...

Many semiautomatic orders ...

It is part of my individual MM ...




;-|
Covered all the rest at 1.30404 ...

Time 14:18 CET ...

Ende Gelände!




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #174
  • Dec 21, 2011 7:46am Dec 21, 2011 7:46am
Quoting mercy seat
Covered all the rest at 1.30404 ...

Time 14:18 CET ...

Ende Gelände!




;-|
A REVERSO 1.30368 ...

Time 14:36 CET ...





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #175
  • Dec 21, 2011 8:02am Dec 21, 2011 8:02am
Quoting mercy seat
A REVERSO 1.30368 ...

Time 14:36 CET ...





;-|

Partials covered at 1.30535 ...

Time 14:59 CET ...




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #176
  • Dec 21, 2011 11:48am Dec 21, 2011 11:48am
Quoting mercy seat
A REVERSO 1.30368 ...

Time 14:36 CET ...





;-|
Covered 90% of all entries at 1.3079 ...

Time 18:41 CET



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #177
  • Dec 21, 2011 12:45pm Dec 21, 2011 12:45pm
Quoting mercy seat
Covered 90% of all entries at 1.3079 ...

Time 18:41 CET



;-|

Well the hell has this thread gone??????????????


Mercy Seat ------ what have your comments got to do with the original topic of this thread?????

Perhaps you could start your own thread......... You could name it "I love the sound of my own voice"
  • #178
  • Dec 22, 2011 4:00am Dec 22, 2011 4:00am
Partials (75%) covered at 1.3096 (10:42 CET) ...

Cancelled all pendings ...

2011-12-21_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-51 x

Everything done as explained(!) with this survey ...

Profit stop for the rest of 25% with OCO at 1.3055 or 1.3115 ...




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #179
  • Dec 22, 2011 4:14am Dec 22, 2011 4:14am
buy buy guy's i am going
  • #180
  • Dec 22, 2011 4:15am Dec 22, 2011 4:15am
Quoting tranco
buy buy guy's i am going
Sell, sell !
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