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Tiger trend trading -long term position trading

  • #141
  • Jul 13, 2012 12:07am Jul 13, 2012 12:07am
13 july


sell gbpusd

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supercat 1997 thanks alot for sharing your system. good luck
  • #142
  • Jul 13, 2012 2:17am Jul 13, 2012 2:17am
Quoting amiralifx
13 july


sell gbpusd

Attachment

Attachment

supercat 1997 thanks alot for sharing your system. good luck

stop out -17 pips
  • #143
  • Jul 13, 2012 2:45am Jul 13, 2012 2:45am
hi my buddy supercat 1997


excuse me . when my order is open in today and at friday market will close. do i close my orders in gbpusd ?
  • #144
  • Jul 13, 2012 2:56am Jul 13, 2012 2:56am
Amiralifx:
your trades are correct..
you are the tiger trend trader-in-chief!!

now, answering your question..
both the stop losses should be at the same level..1.5518
since, i think you are moving the SL to BE...

..now, for the first lot...you move SL along the direction of the trade (ONLY when the trade is positive).

I will attach a chart for clarity.

Thanks,
Manny







Quoting amiralifx
hi my buddy supercat1977


i sold gbpusd in 11 july . i trade with 2 order. when today candles closed I should move my one trade to top of high today candle ?

Attachment


i should move my one trade entry to 1.5518 ?

for istance :

1- sell gbpusd @ 1.5588 sl : 1.5579

2- sell gbpusd @1.5518 sl : 1.5518

thank you.
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"Quod me alit, me extinguit" - Pericles, Prince of Tyre
  • #145
  • Jul 13, 2012 3:01am Jul 13, 2012 3:01am
you will close the trades only when the exit rules are satisfied..
for 1 lot or 2 lots..

so..that means..
sometimes the trades would run for a week, a month..we don't know..
we want it to keep running till it goes to the moon.





Quoting amiralifx
hi my buddy supercat 1997


excuse me . when my order is open in today and at friday market will close. do i close my orders in gbpusd ?
"Quod me alit, me extinguit" - Pericles, Prince of Tyre
  • #146
  • Jul 13, 2012 3:04am Jul 13, 2012 3:04am
coolyman..
nice to hear that..good luck with your trading..

would love to see your results when you are ready to post..

always welcome to discuss your trading here..

thanks,
manny
Quoting thecoolyman
Hi supercat1977,
Just to say thanks for the trading knowledge and I've started to use your method to adjust my trading. So far I've got some great looking trades running. I'll post them when I close them.

I'd been getting my butt kicked all around and now started to get back to a simpler basic way. I'm still doing some tests on your method but I'm already seeing good results.

Thanks for sharing, many happy pips to everyone
"Quod me alit, me extinguit" - Pericles, Prince of Tyre
  • #147
  • Jul 13, 2012 3:27am Jul 13, 2012 3:27am
Quoting supercat1977
Amiralifx:
your trades are correct..
you are the tiger trend trader-in-chief!!

now, answering your question..
both the stop losses should be at the same level..1.5518
since, i think you are moving the SL to BE...

..now, for the first lot...you move SL along the direction of the trade (ONLY when the trade is positive).

I will attach a chart for clarity.

Thanks,
Manny
thanks a lots.

good luck my friend
  • #148
  • Jul 13, 2012 4:09am Jul 13, 2012 4:09am
two orders : sell nzdusd @0.7922 sl: 0.7939 tp : free

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  • #149
  • Jul 13, 2012 10:38am Jul 13, 2012 10:38am
Brigadier:
Hope you are feeling better..

this link explains everything..
http://alansforexblog.com/2010/02/10...sting-quality/

for data..i use this..
http://www.forextester.com/data/datasources.html

i think it just has 3 months of 1 minute data..
let me know if you find anything better..in terms of duration.

I tried backtesting the ttt 1.0 on eurjpy..the results were not looking good.
AND when i turned on the visual mode...
here is what i saw..
the stop loss was huge for each trade..almost 150 pips..
(which i think, could be the daily high)..

here is what i think..please add your thoughts as well..
is there a way you could introduce a user defined sl option..
and/or to set the sl above the high of the 15 min entry candle(not exceeding
x pips)
because then for a pair like
eurjpy the sl will not be more than 20 pips..

EA functionality checks:-
t/p works perfect (close half at breakeven), the orders are taken as per signals, it is following the daily signals etc.

we could look into the filter thing at the end.

also,
your testing results are great..how did you manage to get almost every pair in profit..

mine..
@ every test run the..account was being wiped out!!
my parameters
15 min, 3/5 ema, slippage dafault...i tried both, close partial and turned off partial.

BTW..I do appreciate your time and help with this ea...

thanks,
manny


Quoting TheBrigadier
There's good news and bad news. Good news is I got to stay home from work today and program the EA. The bad news is I have pneumonia.

Here is the initial version of the EA for you to look at. It follows the rules outlined in this thread but I'll go over everything to make sure we have a mutual understanding of what this program does.

First, the program determines the trend direction. If the daily short ema is above the daily long ema, then the trend is up, otherwise down.

Next, it enters on every cross of the short ema of the long...
"Quod me alit, me extinguit" - Pericles, Prince of Tyre
  • #150
  • Jul 13, 2012 10:57am Jul 13, 2012 10:57am
Are you using a 5 digit broker? I'm using FXCM so the behavior will be totally wrong if you are using 4 digit precision.

Eur/jpy did produce losses for me. I think it just about broke even when using partial closing of orders.

Using daily highs and lows for stoplosses produced much better results for me. I tested using 15M highs and lows and the balance just oscilates around breakeven. I can easily add the option to select the time frame you want for the stop loss; 15M, 1H, 1D, whatever. I could also add a hard stoploss option if you want the same stoploss distance each trade.
  • #151
  • Jul 13, 2012 11:14am Jul 13, 2012 11:14am
Come to think of it, since I'm using daily highs and lows for stoplosses, and since we're mainly closing trades on a daily time frame, I don't believe it's necessary to achieve 90% modeling quality. It shouldn't matter that trades may close with a few pips error in the simulation when most trades are held open for days.
  • #152
  • Edited 12:07am Jul 15, 2012 12:05am | Edited 12:07am
Brigadier:
Hope you are feeling better.

Regarding the ttt ver1.0 testing results:-

the reason my account was getting wiped out was, I think because.. I was using a 10,000 account for mini orders..
now, when I see the drawdown here, its impossible to use a mini account
because the drawdown is over 100%.
so, just for testing sake..i used a 100,000 usd account.

here are the results for the period from april to july of 2012:
interpreting that to a 10,000 dollar micro account(dime account).

eurnzd..
dd -24%
net gain 41%
g. loss -14%

eurusd..
dd -22%
net gain -8%
g. loss -23%

eurjpy..
dd -29%
net gain 19%
g. loss -23%

these results are too early to psych-evaluate the EA..
but, I want to test the exact working all the way...
through the entire time period on a visual mode..to exactly see the
behaviour, esp. the trend closing and opening.

what is the syntax that you have used to close
all entries(end of trend)..with respect to the the daily candle (where the cross happens)?
(in english..lol)
also, please, add a hard stop loss, where I could enter smaller SL..

I think I will take this entire week to study this(as I have couple of things along with this), and what improvements could be done..as I see a lot of potential in this.

please add your thoughts as well.

thanks,
manny

p.s: for some reason, it doesnt seem to be taking any trades on my metaquotes tester with 90% data (its 5 digits)...do you experience that?
Attached File(s)
File Type: pdf eurjpy.htm.pdf   313 KB | 369 downloads
File Type: pdf eurnzd.htm.pdf   161 KB | 284 downloads
File Type: pdf eurusd.htm.pdf   186 KB | 373 downloads
"Quod me alit, me extinguit" - Pericles, Prince of Tyre
  • #153
  • Jul 15, 2012 9:51am Jul 15, 2012 9:51am
OK, with 1.0, it is possible to have a margin call simply because your balance drops due to having so many open trades, regardless of whether they are all in profit. I saw that and added some code to prevent the EA from opening new trades when you reach a user specified percent of margin level. So if you're margin drops below a certain percent, it will wait for some trades to close before opening new ones.

If you want to test with $10,000, I'd suggest using mini lots.

Closing Trades in an Uptrend
We are in an uptrend when the short EMA is above the long EMA on the daily charts. We will only take long positions in this uptrend. The uptrend ends and we close all open long positions when the short EMA closes below the long EMA on the daily charts.

Closing Trades in an Downtrend
We are in a downtrend when the short EMA is below the long EMA on the daily charts. We will only take short positions in this downtrend. The downtrend ends and we close all open short positions when the short EMA closes above the long EMA on the daily charts.

I'll post the new EA later today or tomorrow. I'll include these stoploss options:

  1. Place stop loss at the previous day's high or low
  2. Place stop loss at the previous day's high or low, up to a specified maximum value. If high or low is beyond this value, the stop loss is placed at this maximum allowed distance.
  3. Hard stop loss. The stop loss is always this specified value.
  4. Anything else?




Although I said previous day's high or low, I have an option for you to specify the time frame of this high or low. For example, you may use the previous hour's high or low, the previous 15M bar high or low, or whatever you want.

  • #154
  • Jul 16, 2012 7:57am Jul 16, 2012 7:57am
buy audusd

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  • #155
  • Jul 16, 2012 7:47pm Jul 16, 2012 7:47pm
Quoting amiralifx
buy audusd

Attachment

tp 1 hit with +48 pips.

stop move +3 pips.

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  • #156
  • Jul 17, 2012 7:43am Jul 17, 2012 7:43am
sell eurjpy

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  • #157
  • Edited 1:54pm Jul 18, 2012 12:44pm | Edited 1:54pm
Brigadier:
been a little busy with stuff..
anyways..thank you for your thoughts and ideas..

you said user specified limits so as to not to have a margin call..where
do i specify that in the ea?

ok..now the EA exits the series of trend trades..when the EMA cross happens..so, now
could you please include the trades to be closed only after the daily candle has closed, after the cross has occured.

lets call this experimental version..ttt ver1.1

ok..
now for the SL conditions..
I am cool with all the 3 of them that you proposed.
that would be great!!
(would it be possible to change from daily high/low to 15 min high/low for the SL)

Thanks,
Manny


Quoting TheBrigadier
OK, with 1.0, it is possible to have a margin call simply because your balance drops due to having so many open trades, regardless of whether they are all in profit. I saw that and added some code to prevent the EA from opening new trades when you reach a user specified percent of margin level. So if you're margin drops below a certain percent, it will wait for some trades to close before opening new ones.

If you want to test with $10,000, I'd suggest using mini lots.

Closing Trades in an Uptrend
We are in an uptrend when the short...
"Quod me alit, me extinguit" - Pericles, Prince of Tyre
  • #158
  • Jul 18, 2012 12:46pm Jul 18, 2012 12:46pm
Amiralifx:

How are you doing my friend?..seems like you are the hard worker here..
hunting those pips and being happy..

thanks,
manny

Quoting amiralifx
sell eurjpy

Attachment
"Quod me alit, me extinguit" - Pericles, Prince of Tyre
  • #159
  • Jul 18, 2012 1:54pm Jul 18, 2012 1:54pm
i am testing it as a semi-automatic ea..meaning
if i were to physically turn on and turn off the ea, depending on the trend..
then, in every aspect, the backtest WORKS PERFECT!!

just like the way I want..
hmmm!!..even the DD is super low!!


Quoting TheBrigadier
OK, with 1.0, it is possible to have a margin call simply because your balance drops due to having so many open trades, regardless of whether they are all in profit. I saw that and added some code to prevent the EA from opening new trades when you reach a user specified percent of margin level. So if you're margin drops below a certain percent, it will wait for some trades to close before opening new ones.

If you want to test with $10,000, I'd suggest using mini lots.

Closing Trades in an Uptrend
We are in an uptrend when the short...
"Quod me alit, me extinguit" - Pericles, Prince of Tyre
  • #160
  • Jul 18, 2012 2:58pm Jul 18, 2012 2:58pm
Hey Supercat hows your trading going.

I think I missed something here. I've been using the your system but I get confused at times and wanted to confirm something. When your waiting for your entry trigger, you get the crossoover then the arrow. Then you stated you wait for the 2nd confirmation (??) whats the 2nd 1? Is it a candle closing on the other side? I've read over it again and I'm missing the 2nd confirmation you speak of. I've been making a few good trades but a few bad 1's as well, guess that goes with trading. Right now it's been a 50/50 so I felt I was missing something.

Oh, wanted to say that I've been testing the Crossover EA also on Demo on EURUSD and it's been doing pretty good, shamefully better than I am, LOL

Thanks
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