i have a suggestion for those looking to filter out trades, expecially on lower time frames. it revolves around swing balance points. let's assume we have a current swing up, and we are starting to get red boxes. you can take only the boxes that appear after a permanence of, let's say, 5 candles to the RIGHT of the swing exit trendline. you will obviously miss many moves, but the ones you take will be stronger.
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unfortunately i cannot delete this post, but please pay NO ATTENTION to it. i just realized that is based on false premises, as the swing line repaints.
yeah bubola, i am testing and so far so goooooood!!
but stay with my laptop 24/5 and pay attention to the exit when its to be done its a pain.
i am loving this system, just need a exit EA to it and i think i go live, because i miss the swing exit some times on manual.
Best Regards and Great GREEAAAT JOB MER !! i'm up with the news...
yeah bubola, i am testing and so far so goooooood!!
but stay with my laptop 24/5 and pay attention to the exit when its to be done its a pain.
i am loving this system, just need a exit EA to it and i think i go live, because i miss the swing exit some times on manual.
Best Regards and Great GREEAAAT JOB MER !! i'm up with the news...
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i'm testing GU as far back as june 2009, my eyes are bleeding. a word of caution: i think a 10k account per pair is not enough, i'm more inclined towards 30k. i was margined out with 10k euro account, and came very close to it with 20k. make sure that when you run the EA on strategy tester you change the account starting balance (under EA property tab) to reflect what you are going to use in reality. EA is at 100k by default.
i'm testing GU as far back as june 2009, my eyes are bleeding. a word of caution: i think a 10k account per pair is not enough, i'm more inclined towards 30k. i was margined out with 10k euro account, and came very close to it with 20k. make sure that when you run the EA on strategy tester you change the account starting balance (under EA property tab) to reflect what you are going to use in reality. EA is at 100k by default.
i'm also testing faster swing exits parameters.
It also depends on what you're using for you're lot progressions as well. You don't always have to increase on every box. You could run the first 5-10 trades at the same lot size then increase the lot size at trades 11-20 and so on.
You also have to understand that this EA in post #1 is not the one designed for this strategy, it was posted so anyone who wanted to use the code could attempt to make the EA for the new rules.
It also depends on what you're using for you're lot progressions as well. You don't always have to increase on every box. You could run the first 5-10 trades at the same lot size then increase the lot size at trades 11-20 and so on.
You also have to understand that this EA in post #1 is not the one designed for this strategy, it was posted so anyone who wanted to use the code could attempt to make the EA for the new rules.
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yes, i know, there are many ways to approach this, the possibilities are endless. the EA provided is just a starting point, to get an idea of the strategy's strong and weak points. i'm running it to get used to the drawdown and to see if i can get the most out of the smaller clusters with a different trade management.
I dont know why some trades just close after a certain time with loss.
I was getting sell signals, about 12 signals already entered in trade, than the first ones geting to close, in a sell swing that loss was big, I dont know why the EA closes thats trades.
I dont know why some trades just close after a certain time with loss.
I was getting sell signals, about 12 signals already entered in trade, than the first ones geting to close, in a sell swing that loss was big, I dont know why the EA closes thats trades.
Any option i have to change ?
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you were probably margined out. check your balance, use the same on the strategy tester and run a simulation, see if you get the same results. if you do, double equity balance and/or try these settings on ea management:
trade 1 to trade 5 all 0.01 . trade 6 on leave as it is.
my best results on gu are with a balance of €30000 and above settings.
You can use this on any timeframe. Just remember that if you use anything above a 1 hour timeframe that the swap rates become a huge factor and should be considered in all your trading decisions with using this strategy. I would highly suggest to only trade with positive swap rates only. Aud and Nzd pairs are the best pairs to look at right now with regards to swap at this time.
I'm testing only, yeat.
D1 timeframe now, i dont have much time and dont have a VPS to stay on H1 all day long.
How is going the tests and the EA, any news ?
Testing is going great. I'm actually working with forexhard and Miyagi regarding a different indicator with a complex algorithm in it to filter out some of the trades in the longer clusters. Once we get this fine tuned, I will add it here for everyone one to try and hopefully the EA will follow.
Testing is going great. I'm actually working with forexhard and Miyagi regarding a different indicator with a complex algorithm in it to filter out some of the trades in the longer clusters. Once we get this fine tuned, I will add it here for everyone one to try and hopefully the EA will follow.
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Here's a sneak peek at the indicator Mer was just referring to.
There are 16 icons in this pic, but only 4 live trades (the red icons). We just reduced DD by 75% without changing the swing system in any way.
Attached Image (click to enlarge)
To improve is to change. To perfect, is to change often.
