Hi Naa its not, its based of Rangebars and ATR and ADX signals, when its ready Ill let you guys know keeps coming back with bugs,
I don't want to distract from Seller9 thread
I don't want to distract from Seller9 thread
- #124
- Edited 11:04am Jan 29, 2013 10:44am | Edited 11:04am
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Last night Short trade:
Sorry for the previous post if you saw it, I deleted it, I was not awake yet when I did the chart graphs, here is the right one.
I am going to change the pip filter to 200 pips.
Sorry for the previous post if you saw it, I deleted it, I was not awake yet when I did the chart graphs, here is the right one.
I am going to change the pip filter to 200 pips.
What he is trying to do is = optimize the system, u r right about taking the losses and all, but if minimizing them shudnt be a concern then I guess we all wouldn't be discussing ideas about minimizing draw downs. Losses are part of the game but then minimizing them is what the game is all about. Its good that u covered the losses with winners hope u make more winners in the future.
Unfortunatley MT4 doesn't allow multi symbol backtesting, so optimizing the pip buffer only possible with forward test (or visual backtest - but that's pretty time consuming). If Seller9 will release the EA, then this is where the community can really help, since there are more people doing the forward test with possibly different settings, the results would come quicker.
I hope there won't be any more indicators/conditions added to this system, for me it looks good in it's current form. I know there will be people suggesting that you should add this or that hyper-awesome indi and with that you could avoided THAT trade, but what about all the other trades? There could be a point in time when all the added filters and conditions would result in an EA that never trades, I saw that happening
Seller9: keep up the good work, I'm really looking forward to try this EA, it's looking very promising.
- #131
- Jan 30, 2013 2:45pm Jan 30, 2013 2:45pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Example to test reentry.
In this test I was using M5 for the trigger, H1 HAS and H4 HAS for direction, I wanted to see if the EA would have reentered the trade if it had been stopped out of the original yellow line trade. In this case it probably would not have been stopped out but to test it I closed the trade and latter on started the EA back up and caught the second possible reentry.
One thing to remember when trying to restart in the middle of a trade, the M5 triggers are only given when the M5 HAS does a color change. so if you start the EA up in the middle of a M5 cycle there be no trigger until the next HAS color change in the proper direction.
The first trade would have been taken at the yellow line, you can see the M5 trigger in this case was early and we had to wait for the H1 HAS to change to Blue, H4 was already Blue.
You can see where it reentered after getting the third M5 trigger, and seeing H1 HAS was Blue and H4 HAS was Blue it reentered the trade. I was off line for the second green line (M5 trigger) or it could have also reentered after that M5 trigger.
In this test I was using M5 for the trigger, H1 HAS and H4 HAS for direction, I wanted to see if the EA would have reentered the trade if it had been stopped out of the original yellow line trade. In this case it probably would not have been stopped out but to test it I closed the trade and latter on started the EA back up and caught the second possible reentry.
One thing to remember when trying to restart in the middle of a trade, the M5 triggers are only given when the M5 HAS does a color change. so if you start the EA up in the middle of a M5 cycle there be no trigger until the next HAS color change in the proper direction.
The first trade would have been taken at the yellow line, you can see the M5 trigger in this case was early and we had to wait for the H1 HAS to change to Blue, H4 was already Blue.
You can see where it reentered after getting the third M5 trigger, and seeing H1 HAS was Blue and H4 HAS was Blue it reentered the trade. I was off line for the second green line (M5 trigger) or it could have also reentered after that M5 trigger.
- #134
- Jan 31, 2013 12:54pm Jan 31, 2013 12:54pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Another reentry test using the M5 for the trigger, the H1 HAS and H4 HAS for direction and a pip filter of 50.
- #139
- Jan 31, 2013 5:38pm Jan 31, 2013 5:38pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Will this thing ever come down?????
EA looking OK so far so should be out this week end, then everyone can lose some money.
Just a couple of minor additions, will post a help page with them later on but here are the short of them.
1) You will have three options for the way to trade.
a) M5 as the trigger, plus H1 HAS and H4 HAS as the direction and pip filter.
b) M5 not used, H1 HAS as the trigger on color change, H4 HAS as direction, and pipfilter.
c) H1 HAS color change as trigger and pip filter, no M5 or H4 used.
The pip filter is part of each but you can always set it to zero if you don't want to use it.
2) The other addition is when using the M5 as the trigger you can reverse it, so a Long signal from M5 would signal a Short trade on the H1 and the opposite for a M5 Short Signal. I have not had enough testing with this to see how it compares and if it would get you better entries.
3) Also added the option to select if you would like M5 Signal arrows aplied to the H1 chart, sometimes I like to see when I get the M5 alert in reference to the H1 chart, and this makes it easier.
Thats about it, looking good so far.
When will this run turn around, is there no top????
Here is that reentry from before, still going.
EA looking OK so far so should be out this week end, then everyone can lose some money.
Just a couple of minor additions, will post a help page with them later on but here are the short of them.
1) You will have three options for the way to trade.
a) M5 as the trigger, plus H1 HAS and H4 HAS as the direction and pip filter.
b) M5 not used, H1 HAS as the trigger on color change, H4 HAS as direction, and pipfilter.
c) H1 HAS color change as trigger and pip filter, no M5 or H4 used.
The pip filter is part of each but you can always set it to zero if you don't want to use it.
2) The other addition is when using the M5 as the trigger you can reverse it, so a Long signal from M5 would signal a Short trade on the H1 and the opposite for a M5 Short Signal. I have not had enough testing with this to see how it compares and if it would get you better entries.
3) Also added the option to select if you would like M5 Signal arrows aplied to the H1 chart, sometimes I like to see when I get the M5 alert in reference to the H1 chart, and this makes it easier.
Thats about it, looking good so far.
When will this run turn around, is there no top????
Here is that reentry from before, still going.