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  • #941
  • Jun 26, 2012 4:08am Jun 26, 2012 4:08am
Quoting iwjw
I think that Paulus had a winner today with a long around 7:54
the reason is that the short signal was only about 5 pips below the upper boundary with a vague bias
Same thing as a few days back where he didn't take a long near the lower boundary but the next short that also turned into a winner
Yes, it's really easy picking the winners............................especially after the event and you've thrown the rules out the window.

The indicators and MM of this method have shown their potential, we don't need to curve-fit trades to embellish the performance.
  • #942
  • Jun 26, 2012 4:09am Jun 26, 2012 4:09am
Quoting Fame of me
yes i am.

Schau hier:
http://www.forexpros.de/forex-tools/handelszeiten

Jetzt haben wir es 10.48 NY oeffnet in 3h11m dann haben wir es 14 Uhr
Vielleicht ist es bei deinem Broker 15Uhr.
Weiss ja nicht wo du bist.
Thanks, guys. You are right!
  • #943
  • Jun 26, 2012 4:22am Jun 26, 2012 4:22am
Quoting strada
Yes, it's really easy picking the winners............................especially after the event and you've thrown the rules out the window.

The indicators and MM of this method have shown their potential, we don't need to curve-fit trades to embellish the performance.
even EA's are fine tuned to current conditions because the markets change as well.

matter of fact: in august, sept and november 2011, whatever bias started at at 3:00 GMT+3 carried on til 18:30, 11/22 business days

then something happened in oct, dec 2011 and jan, feb 2012. there's always a reversal from london open to NY open 17/22 business days. making 17 days a loser. sometimes having a streak of 11 days.

most of the time, they are losers coz the SL was hit although the PA resumed original bias by NY. the system needs fine tuning/ curve fitting, whatever you call it.
Challenger
  • #944
  • Jun 26, 2012 4:23am Jun 26, 2012 4:23am
Quoting at120
@TOL: nice indicator... ;-)) TRO (semafor) good idea to use it! I like this indi

Yes. I have already thought about it. He will help and wrong, of premature entry into the market. This setting is simple. No need to enter the market on 1 or 2. Only after 3. And one needs to follow all the other rules of the system. I hope now% plus of the trades will be more stable.
  • #945
  • Jun 26, 2012 4:28am Jun 26, 2012 4:28am
@tol: Yes, only enter on sema 3! I think this "indi" is perfect for paulus system! i also going to use it.
  • #946
  • Jun 26, 2012 4:30am Jun 26, 2012 4:30am
Quoting tol
Today, Europe was looking a 1 PIP down. I was looking for where to sell. I remember last week. And this trade will again according to all the rules! I specifically left their settings. Here is the answer, why I don't sell before.
wow, really nice, i like it.
you want to share the indi with us?
please
  • #947
  • Jun 26, 2012 4:35am Jun 26, 2012 4:35am
Quoting strada
Yes, it's really easy picking the winners............................especially after the event and you've thrown the rules out the window.

The indicators and MM of this method have shown their potential, we don't need to curve-fit trades to embellish the performance.
I think the mechanical rules are only giving a heads-up where to open a trade. whether you take it or not is the discretionary part
  • #948
  • Jun 26, 2012 5:01am Jun 26, 2012 5:01am
I showed you my settings that would answer why it is here today I started trading. Here just add Simofor and view history - search trades by the rules. You can determine the ABC. I'm using this still is a very short period. I'll look at the statistics and tell me the result. Indicators all I got in this factory, my picture to show all the names. OK!
  • #949
  • Jun 26, 2012 5:13am Jun 26, 2012 5:13am
Ok, I have manually re-tested. The results are as follows:

EURUSD, NY Session
DateTimeProfit/LossAccount Balance
Starting Balance:€1,000.00
12/06/1214.1115.00%€1,150.00
13/06/1214.1915.00%€1,322.50
14/06/1214.1615.00%€1,520.88
15/06/1214.34-5.00%€1,444.83
18/06/1215.1315.00%€1,661.56
19/06/1214.07-5.00%€1,578.48
20/06/1214.12-5.00%€1,499.55
21/06/1214.3815.00%€1,724.49
22/06/1214.18-5.00%€1,638.26
25/06/1214.04-5.00%€1,556.35

The final balance is the same as in the previous test, however, there is often a profit when there was a loss in the last test and vice versa.

I have also noticed that the winning trades could have reached over 15% in profit but some of these winning trades were almost stopped out in the very beginning and were only saved by the extra pips added due to the maximum spread (I add 1.7 for spread, however, it is only about 1.3-1.5 most of the time). I will be adding 2 pips for spread going forward and will make a note of the maximum profit reached.


Quoting Lana
I am not always at my computer to enter the trade during the London session so I have been testing this strategy during the NY Session.

I am using the original rules. The bias is determined from London Open to NY Open. I add the maximum spread of 1.7 pips plus/minus 1pip above/below last swing high/low as a stop loss. I have manually tested the last 10 days so far. Some of these trades were placed live on a Demo account. I am using EUR1,000 as a test starting balance.

The time below is my local time. I am based in Germany. NY opens at 15.00,...
  • #950
  • Jun 26, 2012 6:00am Jun 26, 2012 6:00am
@Lana:
Timewindow 07:00 GMT -> 12:00 GMT?
(also 09:00 (LON open) bis 14:00 (NY open) unserer Zeit)?
  • #951
  • Jun 26, 2012 6:41am Jun 26, 2012 6:41am
Quoting iwjw
@Lana:
Timewindow 07:00 GMT -> 12:00 GMT?
(also 09:00 (LON open) bis 14:00 (NY open) unserer Zeit)?
Yes (Genau richtig!)
  • #952
  • Jun 26, 2012 6:54am Jun 26, 2012 6:54am
Quoting Lana
Yes (Genau richtig!)
ok
I'm getting the same entries with my indicator except 06/15 where at your signal time stoch was 50.0 here and the short that I got after yours (12:44 GMT) was a winner
But overall I'm not getting the system profitable over a few months period
Maybe I'm still doing something wrong
working on it....
  • #953
  • Jun 26, 2012 7:00am Jun 26, 2012 7:00am
Quoting iwjw
ok
I'm getting the same entries with my indicator except 06/15 where at your signal time stoch was 50.0 here and the short that I got after yours (12:44 GMT) was a winner
But overall I'm not getting the system profitable over a few months period
Maybe I'm still doing something wrong
working on it....
Interesting. Perhaps using 2 hours prior to NY open as bias would help? I have not done any more backtesting yet. I am trying to get the EA to work to do more backtesting at the moment. Will post the results as soon as I have them.
  • #954
  • Jun 26, 2012 7:28am Jun 26, 2012 7:28am
Quoting kuma
I resolved the issues with the EA on your broker so you can give it a try. I need to find some good quality data for doing better back testing as my data quality is only showing 25%.
Hi Kuma,

I am still working on backtesting. For some reason I get a loss and the trades from the journal do not match my records (I think it must be due the settings), however, I had the EA switched on on EUR JPY this morning and it automatically executed two trades, one loss and one profit. I have manually tested these and it looks like the two executed trades are in accordance with the settings (rules) which is great!

I have attached a screenshot to show the two trades. The Long trade was executed at 9.58 (I know this is not according to the rules since London opens at 9 a.m. Frankfurt time, however, the application was only launched around 9.45 so this was the first long trade after it was launched). I then changed the settings on the EA for London Open to 10 a.m. (just to test if the EA is working) and a short trade was executed at 10.18 (it was short this time because the bias was calculated from 8 to 10 a.m. Frankfurt time). Looks very promising! Will report once my backtest is successful. Where can I check the quality of the data?

By the way, I did not see these trades in the Open Trades window. I only realised that there were two new trades in the Account History later on.
Attached Image (click to enlarge)
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  • #955
  • Jun 26, 2012 7:43am Jun 26, 2012 7:43am
Quoting iwjw
ok
I'm getting the same entries with my indicator except 06/15 where at your signal time stoch was 50.0 here and the short that I got after yours (12:44 GMT) was a winner
But overall I'm not getting the system profitable over a few months period
Maybe I'm still doing something wrong
working on it....
I have checked the trade on 15 June 2012 and my Stoch is just above 50. Which broker are you using?
  • #956
  • Jun 26, 2012 7:54am Jun 26, 2012 7:54am
I have saved the Settings from the launched EA and loaded them in the Expert Properties. The results of the backtest are very profitable! Will test different sessions separately and will post the results once done.

Thanks again for the EA, Kuma!

Quoting Lana
Hi Kuma,

I am still working on backtesting. For some reason I get a loss and the trades from the journal do not match my records (I think it must be due the settings), however, I had the EA switched on on EUR JPY this morning and it automatically executed two trades, one loss and one profit. I have manually tested these and it looks like the two executed trades are in accordance with the settings (rules) which is great!

I have attached a screenshot to show the two trades. The Long trade was executed at 9.58 (I know this is not according to...
  • #957
  • Jun 26, 2012 8:02am Jun 26, 2012 8:02am
Quoting Lana
I have checked the trade on 15 June 2012 and my Stoch is just above 50. Which broker are you using?
I'm doing my tests for this system with SIG (Liteforex)
btw. with the suggested NY session trade we would have had a short at 12:56 GMT that got stopped out
but the priceaction before (consolidation over a longer period) was screaming not to take that short
  • #958
  • Jun 26, 2012 8:10am Jun 26, 2012 8:10am
Quoting iwjw
I'm doing my tests for this system with SIG (Liteforex)
btw. with the suggested NY session trade we would have had a short at 12:56 GMT that got stopped out
but the priceaction before (consolidation over a longer period) was screaming not to take that short
Yes, I agree. I took that trade on a Demo account and it was a loss. By the way, did you see "almost a trade" at 14.05 (German) time? I was very tempted to take it but the MACD did not turn dark green. It would have been a winner! Paulus took a similar trade a few days ago which was discussed here and his was also a winner.
  • #959
  • Jun 26, 2012 8:15am Jun 26, 2012 8:15am
Quoting Lana
Yes, I agree. I took that trade on a Demo account and it was a loss. By the way, did you see "almost a trade" at 14.05 (German) time? I was very tempted to take it but the MACD did not turn dark green. It would have been a winner! Paulus took a similar trade a few days ago which was discussed here and his was also a winner.
yep
but green changed to maroon and that's why my indi didn't show it
maybe one could widen the rules a little bit, because maroon is in the right direction (so skipping darkgreen)
but just saw that stoch was way below 50 on that maroon bar
  • #960
  • Jun 26, 2012 8:27am Jun 26, 2012 8:27am
Quoting iwjw
I'm doing my tests for this system with SIG (Liteforex)
btw. with the suggested NY session trade we would have had a short at 12:56 GMT that got stopped out
but the priceaction before (consolidation over a longer period) was screaming not to take that short
waiting for a double top to form or for price to reach the upper part of the down trend TL in M5, then will short once M1 signals short. looks like PA is the best filter for the signals.
Attached Image (click to enlarge)
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Challenger
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