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  • #4,801
  • Jan 11, 2013 3:05pm Jan 11, 2013 3:05pm
FH,
Just curious how the EA bug testing is going? I hope well. Have a great weekend
  • #4,802
  • Jan 11, 2013 3:27pm Jan 11, 2013 3:27pm
Quoting hxtrader
missing gaps, your not kidding, after i downloaded the eurusd data there was a complete gap between 18th december and 2nd Jan. Anyway, this is taking us off topic so i'll get ti sorted and return when done
HX - Attached is a handy script which will force the platform to download all available history. Just a point : when running it the platfprm sometimes bombs out, that is an MT4 issue, you may have to re-start the script when the platform re-starts. I find it best to give MT4 about 5 or 10 minutes to settle itself - no idea why that helps - just another MT4 issue.

Being a script it of course goes in Experts>Scripts
Attached File(s)
File Type: mq4 ForceLoadHistoricalData.mq4   5 KB | 526 downloads
  • #4,803
  • Jan 12, 2013 12:31am Jan 12, 2013 12:31am
Quick update for yesterday:

usdjpy -32
usdjpy -24
usdchf -41
eurjpy -35
audusd -30

gbpusd +34
eurjpy +26

With the charts:

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Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.PNG Size: 28 KB

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF.PNG Size: 31 KB

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  • #4,804
  • Jan 12, 2013 4:06am Jan 12, 2013 4:06am
Here's one I'm following closely (thanks to someone on this thread) when it goes it goes.
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  • #4,805
  • Jan 12, 2013 11:56am Jan 12, 2013 11:56am
Just discovered another one of the gold nuggets in the thread...

I didn't notice until now upon fine tuning my settings, you can have 4 losses in a row without it being an increase in the lot size 4 times. 2 trades per CZ limited the loss to just twice on those scenario's and when I also noticed the reversal or trade out the other side hit the same TP as the SL 8 out of the 10 times. Even though my tp is 100 pips, the losing trade reverses upon exiting the opposite side and meeting the criteria to cover the initial SL. So all in all a 10:4 w/l ratio with a doubling the lot size becomes a 13:1 w/l ratio....

exciting stuff....cant wait to try it next week

doji
  • #4,806
  • Jan 12, 2013 12:03pm Jan 12, 2013 12:03pm
Trade scenario,

+100
+100
-27.5
+27.5 this is what im referring to, this actually makes the last one a wash, and it happens 8 out of 10 times.
so doubling or tripling the lot size would increase gains 3 fold.
+82.5
+100

If it were to lose the 1 times out of the 10 cases, its still covered by 1 win.

Amazing!

Add it to the MM and its incredible

doji
  • #4,807
  • Jan 12, 2013 12:49pm Jan 12, 2013 12:49pm
Congratulations to Dojirock for becoming our third 100-poster!
Attached Image
To improve is to change. To perfect, is to change often.
  • #4,808
  • Jan 12, 2013 1:33pm Jan 12, 2013 1:33pm
Congratulations Dojirock !

Trying to decrypt your post, i have a feeling it's worth it
BTW started reading the topic from the start again
Don’t ever let someone tell you that you can’t do something.
  • #4,809
  • Jan 12, 2013 1:54pm Jan 12, 2013 1:54pm
Quoting forexhard
I can predict a breakout by now almost with my eyes closed. Likewise, I predict this thread will die off relatively quickly; I will be very surprised if it will even reach 10 pages long. This method isn't at all flashy or sexy, and that seems to be what everyone wnats in a trading system: lots of bells and whistles and flashing lights. Me, I prefer making money, and I can do it without even a single indicator. Anyone can. I just showed you how. But it's too simple, so it can't possibly be a good system, right? Right????...
Looks like you made it.................
The More You Learn, The More You Earn.....
  • #4,810
  • Jan 12, 2013 5:59pm Jan 12, 2013 5:59pm
Hi FH and the rest,

thanks FH for creating this and sharing, i am almost at 5% of the entire thread.

a couple of times Ive been recommended this thread by different people and these people are from "skype rooms" with hundreds of others in there, so that is my only additional inputs, everything else might already been mentioned.

i am definitely subscribed and looking forward to your patient charts...

it might be hard cos it requires patience before posting, you need to force yourself to wait for consolidation to develop. those who are impatient might have let loose their trigger finger.. uh-oh...

and another good thing is this thread will gradually post itself consistently after some consolidation.
bit . ly/fantestimonials
  • #4,811
  • Jan 12, 2013 7:08pm Jan 12, 2013 7:08pm
Quoting dojirock
Just discovered another one of the gold nuggets in the thread...

I didn't notice until now upon fine tuning my settings, you can have 4 losses in a row without it being an increase in the lot size 4 times. 2 trades per CZ limited the loss to just twice on those scenario's and when I also noticed the reversal or trade out the other side hit the same TP as the SL 8 out of the 10 times. Even though my tp is 100 pips, the losing trade reverses upon exiting the opposite side and meeting the criteria to cover the initial SL. So all in all a 10:4 w/l...
Hey Dojirock,

I'm not totally following the logic on this one, could you explain using a couple of screenshots dude, cheers
  • #4,812
  • Jan 12, 2013 10:15pm Jan 12, 2013 10:15pm
Quoting hxtrader
Hey Dojirock,

I'm not totally following the logic on this one, could you explain using a couple of screenshots dude, cheers
Sure, I will do my best....for explanation purposes I cleared the chart to a minimum so to see clear.

In this example there were 9 trades
5 wins / 4 losses (your probably thinking not the best settings)
Look at my R:R, TP is 100 pips
I also know from observing 2 out of 3 2nd trades will be winners. (this chart only)

As the chart sits with the 2 entries per box:
356.8 pips from the winners / -109.9 pips from the losers
Gives me a net pip count of 246.9

Now think about the stat above of 8 out of 10 2nd trades will be winners. (total sample)
By tripling the lot size after a loss produces results like the following:
470.4 pips from the winners / -140.8 pips from the losers
Gives me a net pip count of 329.6

Because the odds are in our favor, even if we tripled the 2nd trade and lost (like we did in the one example)
we would be down 84 pips. One win wipes out almost 3 losses.

Instead of having a loss of -28 then a win of 28, because the odds are in our favor,
take the -28 loss then triple up on next trade to net 84 pips 8 out of 10 times.

I offered to show mm few threads back but doesn't seem to be interest at this point. But these two things together can turn a
good week into an awesome week.

hope this makes sense

doji
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  • #4,813
  • Jan 12, 2013 10:35pm Jan 12, 2013 10:35pm
Doji,

I have a couple of pairs that I trade in a similar fashion. Trade 1 is about 70%. and only 3 have gone to a third trade. In addition the most consecutive losses is 2 while the most consecutive winners is 11. Odds tell me to increase size after a loss. After two losses I am looking to load up. Has not happened yet. But I look forward to the opportunity.
  • #4,814
  • Jan 12, 2013 11:14pm Jan 12, 2013 11:14pm
@panamamike and @dojirock

Keep in mind that those statistics are fluid. As CZs drop off one end it changes the stats going through. Granted a *good* set of parameters will keep the win ratio and pips in a good range, just not always at the one you see when you get your optimal settings. Unless you've already done a good long set of forward testing in which case you already knew that!
  • #4,815
  • Jan 12, 2013 11:27pm Jan 12, 2013 11:27pm
Quoting subs
@panamamike and @dojirock

Keep in mind that those statistics are fluid. As CZs drop off one end it changes the stats going through. Granted a *good* set of parameters will keep the win ratio and pips in a good range, just not always at the one you see when you get your optimal settings. Unless you've already done a good long set of forward testing in which case you already knew that!
Spot on subs, I have gone to a 3:1 or higher R:R so the main point here is just tripling a trade after one loss will still be covered if it loses by one win. Strictly by the percentages. I have run 10, 20, 40, 60, 100 days....the chart I displayed was a 40 day...The stats are acceptable on all depths but different.
  • #4,816
  • Jan 12, 2013 11:31pm Jan 12, 2013 11:31pm
I guess just one more thing to point out panamamike is, I would never triple up after 2 losses in a row, only one. Reason being my R:R would be upside down at that point. In every case after one loss it would not be. I don't have the stomach for those kind of losses. lol
  • #4,817
  • Jan 12, 2013 11:41pm Jan 12, 2013 11:41pm
Once again here, on GBPUSD, I would have to have 3 losses to surpass one win.
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  • #4,818
  • Jan 12, 2013 11:45pm Jan 12, 2013 11:45pm
I think the point that Doji is trying to make, is that since his TP is 3 times larger than his SL (100/30), then he feels he can afford to make large recovery wagers on trade sets where his first 2 entries are stopped out.
To improve is to change. To perfect, is to change often.
  • #4,819
  • Jan 13, 2013 12:31pm Jan 13, 2013 12:31pm
Quoting dojirock
Once again here, on GBPUSD, I would have to have 3 losses to surpass one win.
Interesting perspective Doji, thanks for sharing!
  • #4,820
  • Jan 13, 2013 12:48pm Jan 13, 2013 12:48pm
Quoting fxglider
If you think about it - a 30 pips x 22 bars on M15 will give the same results as a 30 pips x 66 bars on M5 and also 30 pips x 330 bars on M1.
If you think about it, not necessarily. A breakout signal on M5 could be a spike on M15.
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