Daily Break Strategy | Page 24 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

BB break + trendline break 24 replies

The Daily Break Out Strategy 29 replies

Looking for L > Break High Break Low Indicator 1 reply

Simple break-out strategy for trading daily chart 19 replies

A break below - A Break Above Question 1 reply

Attachments: Daily Break Strategy
Exit Attachments

Daily Break Strategy

  • #461
  • Jul 25, 2012 10:18pm Jul 25, 2012 10:18pm
Quoting chuckeepw
"Did you by any chance put on the EA, let it place the orders, then for whatever reason, take it off/close your chart/close mt4/change the EA settings before the pending buy order was triggered?"

No. I simply attached the EA and did not touch the computer after that. When I awoke, I noted it had placed the initial pending orders, that it hit target 1 but the stop was not changed on lot 2 to breakeven.

can you run a visual backtest for yesterday's trade and confirm that it doesn't move the SL to BE on TP1?

because mine did
  • #462
  • Jul 25, 2012 10:19pm Jul 25, 2012 10:19pm
Quoting Andrej7
Hello guys, for the first time using this serie of EAs the box was painted correctly and so it shifted from the previous day to the current correctly. However, no pending orders were placed. Can anyone tell me what could go wrong ? DB ?

Thank you !

Andrej
unfortunately I wasn't able to capture today's open properly on my EA because someone disconnected my lan cable in the morning.

Did anyone else have this problem?
  • #463
  • Jul 26, 2012 4:31am Jul 26, 2012 4:31am
Quoting eai.reg
hi guys
just run strategy tester with 99% modeling quality (tick data from dukascopy) and want to share results
This is what I got when I did the same thing.

Looks like the strategy's coming out of a multi month drawdown, but it's not as abysmal as you say=)
Attached Image (click to enlarge)
Click to Enlarge Name: 2010 to present tick data backtest.JPG Size: 103 KB
  • #464
  • Jul 26, 2012 6:56am Jul 26, 2012 6:56am
Quoting deathbait
can you run a visual backtest for yesterday's trade and confirm that it doesn't move the SL to BE on TP1?

because mine did
No, it did not adjust stop on second lot of today's winning trade when it broke the high.Visual test reflects it reached target 1 after it broke high but did not adjust stop on second lot when it reached target 1
  • #465
  • Jul 26, 2012 7:06am Jul 26, 2012 7:06am
Quoting deathbait
can you run a visual backtest for yesterday's trade and confirm that it doesn't move the SL to BE on TP1?

because mine did
I have EA v 28 running on FXDD platform where I changed the code so as per your earlier post so it does not remove pending orders if the time period is changed back and forth on chart and it did not adjust stop on 2nd lot. However I also have it running on Interbank platform where EA code was unchanged and it did adjust stop on second lot. So the issue may have something to do with changing the code so pending orders are not eliminated.
  • #466
  • Jul 26, 2012 7:17am Jul 26, 2012 7:17am
Quoting chuckeepw
I have EA v 28 running on FXDD platform where I changed the code so as per your earlier post so it does not remove pending orders if the time period is changed back and forth on chart and it did not adjust stop on 2nd lot. However I also have it running on Interbank platform where EA code was unchanged and it did adjust stop on second lot. So the issue may have something to do with changing the code so pending orders are not eliminated.
Sorry, but I'm confused. According to your screenshot, the platform on which u had the problem was interbank. Yet u say interbank is fine. Did u get the two mixed up?

Also, can u run a few days worth of Backtest to see if yesterday was an isolated event, or if it never moves to be on tp1?

Btw, while changing that code will prevent removal of orders on changing timeframes, as I mentioned earlier, it will cause the Ea to lose track of current orders, which means not moving the sl to be on tp1. I'm working to fix this "problem" now
  • #467
  • Jul 26, 2012 8:11am Jul 26, 2012 8:11am
Quoting Andrej7
Hello DB, I don't know if this post is still relevant, but my Computer time is 1:54 am at the moment, which is GMT(UTC)+2. However, the computer says it's GMT+1 for some reason.

Hello DB, I have a good news, at least for me. Untill this point none of your EAs properly worked on my computer. I tried to do one thing. I changed the settings of my clocks on computer from GMT+1 to GMT+2 and suddenly all EAs began to work. v.27 and 28 seem to work properly. Even with negative numbers. Could the time be the issue ?

Andrej
  • #468
  • Jul 26, 2012 9:06am Jul 26, 2012 9:06am
Quoting deathbait
Sorry, but I'm confused. According to your screenshot, the platform on which u had the problem was interbank. Yet u say interbank is fine. Did u get the two mixed up?

Also, can u run a few days worth of Backtest to see if yesterday was an isolated event, or if it never moves to be on tp1?

Btw, while changing that code will prevent removal of orders on changing timeframes, as I mentioned earlier, it will cause the Ea to lose track of current orders, which means not moving the sl to be on tp1. I'm working to fix this "problem" now
The earlier Interbank screen shots posted that had not adjusted the stop was when I had Version 27 attached with the code changed. I attached Version 28 to Interbank with code unchanged last night and it property readjusted the stop. On the FXDD platform with Version 27 and 28 both with the code changed it did not readjust the stop. Hope that clarifies. I can only check back the last 2 days since I have only had the EA attached and working since you fixed the problem involving getting the fib box to shift at the close of the day and place the pending orders but I will keep checking in the future.
  • #469
  • Jul 26, 2012 9:26am Jul 26, 2012 9:26am
Quoting Andrej7
Hello DB, I have a good news, at least for me. Untill this point none of your EAs properly worked on my computer. I tried to do one thing. I changed the settings of my clocks on computer from GMT+1 to GMT+2 and suddenly all EAs began to work. v.27 and 28 seem to work properly. Even with negative numbers. Could the time be the issue ?

Andrej
negative numbers have been fixed for awhile.

This is actually bad news, because I spent alot of time trying to make the EA independent on local time(your computer clock time). If changing local time affects how the EA works, I've obviously not been thorough enough.

Well, bad news for me, but good news for you I guess=)
  • #470
  • Jul 28, 2012 9:54am Jul 28, 2012 9:54am
Hello DB:

Could you make backtest comparative of the EA using the 170 pips range vs atr14? Since 2011 would be great. My broker doesnt offer me historical 1min bars so far.

Thanks
"Being picky only cost your time - not MONEY"...Hans
  • #471
  • Jul 28, 2012 12:23pm Jul 28, 2012 12:23pm
already did

if i recall correctly, ATR14 performed better in 2012-present in terms of minimising drawdown and variance while increasing EV, but took less trades, which meant a lower total profit.

However if we test from 2010, the ATR14 version reverted to a similar drawdown +variance as the 170pip version. The EV was also slightly lower, while still taking less trades.


Based on those tests, I would recommend the 170 pip setting.


I've also done tests on the ATR variable, and found that for data 2012-present, the results are similar for values 10-30 but dips quickly if you reduce it below 10, so picking any ATR>10 would apparently give you similar optimal results
  • #472
  • Jul 29, 2012 1:14am Jul 29, 2012 1:14am
Quoting deathbait
already did

if i recall correctly, ATR14 performed better in 2012-present in terms of minimising drawdown and variance while increasing EV, but took less trades, which meant a lower total profit.

However if we test from 2010, the ATR14 version reverted to a similar drawdown +variance as the 170pip version. The EV was also slightly lower, while still taking less trades.


Based on those tests, I would recommend the 170 pip setting.


I've also done tests on the ATR variable, and found that for data 2012-present, the results are similar...
THANK YOU!!!!!
"Being picky only cost your time - not MONEY"...Hans
  • #473
  • Jul 30, 2012 3:56am Jul 30, 2012 3:56am
Hi!
I have a very similar way of trading - can you tell me how you came up with the numbers of stop losses (the idea behind it/why you choose exactly those numbers)?

greetings
  • #474
  • Jul 30, 2012 12:23pm Jul 30, 2012 12:23pm
hi's and hello's to everyone specially to you basber, nice to see you running your own thread. thanks a lot for sharing your system.

more power to the thread
frank
  • #475
  • Jul 30, 2012 11:12pm Jul 30, 2012 11:12pm
v0.29 changelog
1) patch to change monday opening to broker week opening


simple fix to change order placements on monday to placing them when broker opens for the week

2 new user inputs:

extern int sunday_open_hour=0;

*server hour time for first bar of the week

extern int daystartofweek=1;

*server day time for first bar of the week



It SHOULD be correct at default for most people. Just open a chart, and place a cursor over the first bar of the week and note the hour and day it corresponds to. Note that for days, the numerical values are:

1 = monday
0 = sunday
Attached File(s)
File Type: mq4 daily breakout by basber v0.29.mq4   38 KB | 447 downloads
  • #476
  • Jul 31, 2012 4:07am Jul 31, 2012 4:07am
my bad

there was a bug in v0.29 that would make monday a nightmare for anyone using this bot.

v0.30 changelog
1) fixed a careless bug that took took too many trades on sunday
2) fixed bug for sunday init
Attached File(s)
File Type: mq4 daily breakout by basber v0.30.mq4   38 KB | 425 downloads
  • #477
  • Aug 1, 2012 2:16am Aug 1, 2012 2:16am
Found a possible reason for problems with some brokers due to server times i did not account for.

v0.30 changelog
1) fixed bugs that caused problems with certain server time offsets
Attached File(s)
File Type: mq4 daily breakout by basber v0.31.mq4   39 KB | 850 downloads
  • #478
  • Aug 6, 2012 5:38pm Aug 6, 2012 5:38pm
Some problem in the last version monday box...
Attached Image (click to enlarge)
Click to Enlarge Name: monday.gif Size: 20 KB
"Being picky only cost your time - not MONEY"...Hans
  • #479
  • Aug 6, 2012 10:51pm Aug 6, 2012 10:51pm
Quoting nando_rich
Some problem in the last version monday box...
sorry dude, i'm gonna need more info:

1) your EA inputs
2) preferably another screenshot with a grid overlay(can't see the time of box start)
  • #480
  • Aug 7, 2012 7:35pm Aug 7, 2012 7:35pm
Quoting deathbait
sorry dude, i'm gonna need more info:

1) your EA inputs
2) preferably another screenshot with a grid overlay(can't see the time of box start)
Sorry i read it later..the next monday i gonna try again and i'll be more clear with my pic.

Anyway...thanks.
"Being picky only cost your time - not MONEY"...Hans
0 traders viewing now