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Fish Net Trading System

  • #221
  • Oct 3, 2012 11:27pm Oct 3, 2012 11:27pm
Hello Xin,

How has your trading been going with this system?

William
may you find what you seek and trade what you find
  • #222
  • Oct 3, 2012 11:45pm Oct 3, 2012 11:45pm
Quoting xlitang
EA v2 is updated in Post 1.

If you dont mind can I ask what is your average net pips gain daily and how many pairs you use?

Thanks
  • #223
  • Edited 6:25am Oct 4, 2012 4:10am | Edited 6:25am
Hi xlitang,

Thanks for sharing.

I saw you mentioned that the EA only works on demo account in your first post.

Does this mean that if I want to test this strategy with a live account, the EA will not work, and I will need to place all orders manually?

Please kindly advise. Thanks in advance!
  • #224
  • Oct 5, 2012 2:01am Oct 5, 2012 2:01am
Quoting hksweeper
Hi xlitang,

Thanks for sharing.

I saw you mentioned that the EA only works on demo account in your first post.

Does this mean that if I want to test this strategy with a live account, the EA will not work, and I will need to place all orders manually?

Please kindly advise. Thanks in advance!

Hi,

I have tested the first version on live account and it works.
  • #225
  • Oct 5, 2012 2:30am Oct 5, 2012 2:30am
Quoting irbuu
Hi,

I have tested the first version on live account and it works.
I see, thanks!
  • #226
  • Edited 6:40am Oct 5, 2012 6:29am | Edited 6:40am
Quoting hksweeper
Hi xlitang,

Thanks for sharing.

I saw you mentioned that the EA only works on demo account in your first post.

Does this mean that if I want to test this strategy with a live account, the EA will not work, and I will need to place all orders manually?

Please kindly advise. Thanks in advance!
Yes that is correct assessment. It just means that the creator (XLI.. see first page) is "protecting" the code of this EA. The code may be protected for various reasons. Sometimes because the EA's creator is planing to make it , in the future, a commercial EA (i.e. sell it for profit). In this case I am guessing that it is done for the purposes of reliable test results (at least at this stage). The creator does not want to allow "testers" to change / manipulate the code. If someone changes the code and the creator (and other testers too) does not know about it then the final result of testing is useless because nobody knows what is being tested for real. Except for the person that changed the EA's code. So in the end results of testing would be misleading.
If anyone wants to test this EA on LIVE acc. go ahead and try it. It may still work ... I do not know I have not tried it. But keep in mind, that even if it works, it may not be working properly. Just my opinion.
  • #227
  • Oct 5, 2012 6:52am Oct 5, 2012 6:52am
Quoting paul56
Yes that is correct assessment. It just means that the creator (XLI.. see first page) is "protecting" the code of this EA. The code may be protected for various reasons. Sometimes because the EA's creator is planing to make it , in the future, a commercial EA (i.e. sell it for profit). In this case I am guessing that it is done for the purposes of reliable test results (at least at this stage). The creator does not want to allow "testers" to change / manipulate the code. If someone changes the code and the creator (and other testers too) does...
You can find source code in Steve forum.
Follow me to the Promised Land
  • #228
  • Oct 5, 2012 8:48am Oct 5, 2012 8:48am
Quoting xlitang
You can find source code in Steve forum.
There you go so anyone who wants to see source code go to stevehopwoodforex.com and find it there.
  • #229
  • Edited 9:18am Oct 5, 2012 9:09am | Edited 9:18am
Week 10/01 to 10/05
Demo on Alpary UK.
No trades on Monday - EA malfunction
Test on 4 Pairs:
GBPUSD, EURUSD, GBPJPY, EURJPY
Settings:
Time 3-8 & 12-12 Eastern time (New York time zone).
ALL other settings as per default (orig. settings).
Results: see attached (Note - testing on DEMO acc.)

All week was on losing side. Friday saved the week (approx. +$250).
So I will continue testing next week as well.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: a-week 10-01 to 10-05.jpg Size: 207 KB
Click to Enlarge Name: b-week 10-01 to 10-05.jpg Size: 147 KB
  • #230
  • Oct 8, 2012 11:26am Oct 8, 2012 11:26am
Quoting paul56
Week 10/01 to 10/05
Demo on Alpary UK.
No trades on Monday - EA malfunction
Test on 4 Pairs:
GBPUSD, EURUSD, GBPJPY, EURJPY
Settings:
Time 3-8 & 12-12 Eastern time (New York time zone).
ALL other settings as per default (orig. settings).
Results: see attached (Note - testing on DEMO acc.)

All week was on losing side. Friday saved the week (approx. +$250).
So I will continue testing next week as well.


If u used trailing stop your graph would have looked different. WHAT WE NEDD IS AUTO TRALING STOP. I MANUALLY PUT TRALING STOP.
  • #231
  • Oct 9, 2012 2:11am Oct 9, 2012 2:11am
thanks xlitang for this interesting EA, NOW i am testing the new version"FishNetSystemV2" on a demo account. BUT as soon as i load the EA into the chart, it shows"EA is suspended as Daily Profit Target met", evenif i turn the parameter"SuspendEAafterProfitClose" into "false". can anyone explain this to me?
  • #232
  • Oct 9, 2012 7:10am Oct 9, 2012 7:10am
Quoting wltgl
thanks xlitang for this interesting EA, NOW i am testing the new version"FishNetSystemV2" on a demo account. BUT as soon as i load the EA into the chart, it shows"EA is suspended as Daily Profit Target met", evenif i turn the parameter"SuspendEAafterProfitClose" into "false". can anyone explain this to me?
This is your brand new demo account. the deposit is treated as your profit for the day. Set Daily Profit greater than your Deposit, it will work for now. Next day just reset your daily Profit.
Follow me to the Promised Land
  • #233
  • Oct 9, 2012 8:58pm Oct 9, 2012 8:58pm
Quoting goldfinger
If u used trailing stop your graph would have looked different. WHAT WE NEDD IS AUTO TRALING STOP. I MANUALLY PUT TRALING STOP.
Thanx Goldfinger. Can you elaborate , more details on the "rules" of your TSL i.e. when (how far is your trade into +) do you activate / apply TSL? Any other details you can share...??
Do you turn the EA OFF as soon as TSL kicks in OR any problems with TSL functioning while EA keeps going (and the other way around - no problems with EA?)... etc.??
I use TSL in my trading quite frequently.
I am interested in real outcome of the EA as is. I mean as much of the real outcome as you can get using it on DEMO only.
So that is why I just set pairs that I would normally consider to trade on Live acc., I set the trading hours of this EA and I let it go for a few weeks.
I am not really watching it work unless it starts giving problems or I am trying to see some function of the EA to perform. Other then that I look at it at the end of the session.
Please do tell off your approach using TSL ... it is a valid idea, that I know. Perhaps XLI will think so too if you explain it and will implement it in next version.
Some EA's got function that is commonly called "Trail After" I would not mind to see function like that in this EA. After given number of +pips or +$$ is locked the "Trail After" begins to trail either in given pre-set distance or by "jumping" every time more pips are locked (also pre-set).
Thank you.
  • #234
  • Oct 10, 2012 4:30am Oct 10, 2012 4:30am
Quoting paul56
Thanx Goldfinger. Can you elaborate , more details on the "rules" of your TSL i.e. when (how far is your trade into +) do you activate / apply TSL? Any other details you can share...??
Do you turn the EA OFF as soon as TSL kicks in OR any problems with TSL functioning while EA keeps going (and the other way around - no problems with EA?)... etc.??
I use TSL in my trading quite frequently.
I am interested in real outcome of the EA as is. I mean as much of the real outcome as you can get using it on DEMO only.
So that is why I just set pairs that...

I am using 21 pips stop 21pips traling stop tp 80 pips. I am trading AU, EU,UJ,GU.
  • #235
  • Oct 10, 2012 10:37pm Oct 10, 2012 10:37pm
Quoting goldfinger
I am using 21 pips stop 21pips traling stop tp 80 pips. I am trading AU, EU,UJ,GU.

How many levels you use per pair for buy and sell and what is the distance between each level?
  • #236
  • Oct 19, 2012 4:04pm Oct 19, 2012 4:04pm
I see hardly anybody still on this thread.
Anyway as posted by me above (pairs and set up) over past 3 weeks testing on Demo this EA lost $81.40.
I am done testing it.
  • #237
  • Oct 19, 2012 11:31pm Oct 19, 2012 11:31pm
Xlitang,

Is it possible to alter the sequence starting price externally instead of current price? Say, buystop beyond a resistance and sellstop below a support instead of fixed gap? I would like to even try positions only above daily open or below it depending on the current price. We should have an edge for our trades to be profitable.
Thanks.
"Put all your efforts in becoming effortless"
  • #238
  • Edited 3:48pm Jan 18, 2013 2:07pm | Edited 3:48pm
not bad
Attached Image
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  • #239
  • Jan 18, 2013 7:43pm Jan 18, 2013 7:43pm
hi XLT - not bad indeed - still same EA / settings as previously posted here?

Cheers - Mop
  • #240
  • Jan 19, 2013 12:16am Jan 19, 2013 12:16am
no, different EA with SL and TP for whole Basket. Trading starting from London Open.
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