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TCO Trader EA

  • #901
  • Jun 30, 2013 9:05am Jun 30, 2013 9:05am
Quoting turtlefan
Just wanted to share an interesting analysis I just completed on my results thus far. Of course we know this system is most vulnerable at the trend turns. If we're trending more than we're ranging, we're making good pips and good money. Listed in the attached PDF are each of the pairs I have traded so far, along with how many trend changes each had in the past 54 days, along with number of pips gained/lost. I define a trend change by a close from one side of the 20/50 to the other (has to close across both). If a pair had two or more crosses of...
Hi Scot, very nice analysis. I been thinking about dumping EURGBP with my demos. It never did very well in backtesting either when testing all 3 methods. Thanks for the drill down. TCO.
  • #902
  • Jun 30, 2013 9:30am Jun 30, 2013 9:30am
Quoting TallCoolOne
{quote} It may need the first tick to show, but mine came up right away with TCO Trader V1.4 at the top. So I'm not sure why yours doesn't. Sorry. Hopefully when you get the first tick tonight all will be good. Run a quick back test in Visual Mode and see if it displays. Thanks.
Just did the visual mode backtest like you suggested and yes... the display did in fact come up then. Will wait to see what happens when the markets open tonight, but I'm sure it will be fine. Thanks for your help!
  • #903
  • Jun 30, 2013 9:36am Jun 30, 2013 9:36am
Quoting Mohsen-b
Hi Mr. TCO, Thank you so much for releasing EA v.1.4, it is while that i am watching this thread but now decided to apply your EA on Demo and share its result with you. Just a question, i am sure that you explained it somewhere but i couldn't find it, what are the files with .txt and where and how they have to be used? tks a lot. MB

Hi Mohsen, the text files are my set files for the three demos that I'm running, one for Ichimoku, 20/50 EMA and MACD. FF won't allow us to upload any files with a .set extension. So we rename them with .txt. If you want to use them, just download them and rename them back to .set and save them in your experts/presets folder. Then you can load those setting to the EA when you drag it to the chart. I hope that helps. Let me know if you have any questions. Thanks.
  • #904
  • Jun 30, 2013 9:37am Jun 30, 2013 9:37am
Quoting Tech10Ken
{quote} Just did the visual mode backtest like you suggested and yes... the display did in fact come up then. Will wait to see what happens when the markets open tonight, but I'm sure it will be fine. Thanks for your help!

I'm glad that worked.
  • #905
  • Jun 30, 2013 11:21am Jun 30, 2013 11:21am
Hi TCO
Loaded V1.4 but it pulls my CPU in the red , then unable to change properties
My PC ram is 4 GB
  • #906
  • Jun 30, 2013 11:51am Jun 30, 2013 11:51am
Quoting Tech10Ken
{quote} Fxarcher (or anyone else), Back in post #590, you showed your EA settings and had the input window enlarged so that you can view all of the input settings. Can you let me know how did you enlarge that input window in MT4? At the moment I can only view about 8 input lines at a time and can't find any option to resize the window. Thanks.

Tech10Ken
I use a program called Snagit. They have various Screen capture modes, this one is called Scrolling.
So to be clear, you can not use it to open and modify the Input settings in the Input window,but I do use it to print the Default settings out. I then create my other test settings in columns the the right which I name and I then save in the .set files after modifying the Input window. That Window like many other features in MT4 is designed to make things hard on you.
I have also used the "Input Resizer" which I got from Steve Hopwood's site. It comes as an indicator and EA and it resizes the actual input window. Check it out first at http://www.forexfactory.com/showthread.php?p=3831885.
I have recently stopped using it, even it was very helpful because I have some problems on my main computer which I am trying to trace and identify.
One other trick item that I find extremely helpful is a small program I use all the time called CrossHair By Richard Janowicz. It lets you put a crosshair on anything...Screenshots, pictures, anything that appears on your desktop. You need to Google it.
Hope this helps
Fxarcher
  • #907
  • Jun 30, 2013 12:37pm Jun 30, 2013 12:37pm
Hi TCO,

back from vacation, I saw your new EA update 1.4 and just installed it and my TE too. No trades since 10 days during my holidays.

Once again many thanks for your efforts and the new useful features...!

Happy trading, jdva
I never lose - either I win or I learn...
  • #908
  • Jun 30, 2013 1:21pm Jun 30, 2013 1:21pm
Quoting pret
Hi TCO Loaded V1.4 but it pulls my CPU in the red , then unable to change properties My PC ram is 4 GB

Hi Pret, I was pegging the RPMs on my CPU also. I started trying different things, changed the bar history and bars on chart to 5000. That didn't work. I removed the turtle and stochastics indicators, that didn't work. The only else that I changed from 1.3 was that I added XAGUSD chart to my portfolio. When I removed it my CPU went back down 01 or 02 for my mt4 terminals. That might not be the issue for you, but if you are trading XAGUSD, you might try removing it and see if that helps. Thanks!
  • #909
  • Jun 30, 2013 1:34pm Jun 30, 2013 1:34pm
Hi TCO
I removed most of the indicators as well as only one chart open AUD USD but it still in red.Only drop when i remove EA
  • #910
  • Jun 30, 2013 1:44pm Jun 30, 2013 1:44pm
Quoting pret
Hi TCO I removed most of the indicators as well as only one chart open AUD USD but it still in red.Only drop when i remove EA

Hi Pret, also try right clicking on the EA while it is in the navigator and modify it - recompile it and reattach it to the chart. See what happens. Thanks
  • #911
  • Jun 30, 2013 2:00pm Jun 30, 2013 2:00pm
Quoting TallCoolOne
{quote} Hi Pret, also try right clicking on the EA while it is in the navigator and modify it - recompile it and reattach it to the chart. See what happens. Thanks
Tried this but still the same anyone elde with the same problem
  • #912
  • Jun 30, 2013 2:03pm Jun 30, 2013 2:03pm
Quoting s3 signals
{quote} Good points, turtlefan, well reasoned and compelling. Can I ask you what you risk per trade and what your return has been to compare against your drawdown figures? Generally, I agree with the principle - if it ain't broke, don't fix it. Personally, if I could achieve comparable results with just 2 trades rather than 5, I would. Just my preference, because my original stake sizes would be higher than if I foresaw that I could go 5 trades deep before I come up for air. It is personal preferences, I realise that. I just would feel happier with...
Hi there, S3. I know exactly where you are coming from, and appreciate your wanting to keep risk in check. I feel much the same. My goal is to average 5-10% per month. I would be tickled pink to get that consistently because I fully understand and appreciate the power of compounding. I'm not looking for 25-50% per month gains because, as you said, you can expect to have drawdowns of the same size at some point, which I want no part of. In the two months I have been testing, I am getting about 13% per month, so a little higher than my target. The drawdowns, as mentioned, have been only 3.6% from top equity figure. If I eventually feel that the risk is too high, I will likely address this by moving from 8 max positions down to 5 or 6.

By the way, I didn't mean to suggest that you should stop experimenting with different settings or other indicators to maybe find something even better than what we currently have, but I'm just wondering if it will in fact show any improvement in the end. TCO will have to decide whether he eventually wants to add supertrend as another LTF trigger or not. I know for the moment that we have plenty to play with/test in the latest version.

In any event, wishing you a week full of pips,

TF
Prices are never too high to begin buying or too low to begin selling.
  • #913
  • Jun 30, 2013 2:06pm Jun 30, 2013 2:06pm
Quoting MKFXTrader
{quote} Thanks for the analysis TF. Is it possible for you to share your settings and how you handle TP/SL? I remember you saying that you just wait until one or the other to hit. Thank you.
You're welcome. Please see this previous post for the settings on that particular account:

http://www.forexfactory.com/showthre...07#post6780407

Yes, I let trades run to TP or SL, with the exception that if I get to 3% total profit on the basket, I close all trades at once.

TF
Prices are never too high to begin buying or too low to begin selling.
  • #914
  • Jun 30, 2013 2:10pm Jun 30, 2013 2:10pm
Quoting tranco
Where is is the 100p guy did he start his hedge fund ??? or he ended up in FF (commercial) jail
Due to posting a commercial offer in both his 20/50EMA and 3SS threads, he has been changed to a commercial member and is no longer allowed to post in the non-commercial areas of FF. His 20/50EMA thread is still available in the commercial section, where he is still monitoring and replying to messages.

TF
Prices are never too high to begin buying or too low to begin selling.
  • #915
  • Jun 30, 2013 2:15pm Jun 30, 2013 2:15pm
Quoting TallCoolOne
{quote} Hi Scot, very nice analysis. I been thinking about dumping EURGBP with my demos. It never did very well in backtesting either when testing all 3 methods. Thanks for the drill down. TCO.
EURGBP can't make up its mind which direction it wants to go. I am going to leave it on my demo but not trade it on the live account. I think my general plan of action going forward will be to leave all pairs on the demo account, and remove the worst one or two from the live account and then re-evaluate the situation each month. Once a pair starts trending a bit more, it gets promoted back up to the live account.

TF
Prices are never too high to begin buying or too low to begin selling.
  • #916
  • Jun 30, 2013 2:18pm Jun 30, 2013 2:18pm
Quoting TallCoolOne
{quote} Hi Pret, I was pegging the RPMs on my CPU also. I started trying different things, changed the bar history and bars on chart to 5000. That didn't work. I removed the turtle and stochastics indicators, that didn't work. The only else that I changed from 1.3 was that I added XAGUSD chart to my portfolio. When I removed it my CPU went back down 01 or 02 for my mt4 terminals. That might not be the issue for you, but if you are trading XAGUSD, you might try removing it and see if that helps. Thanks!

infinite loop in LastClosedOrderTime()

also replace 15 by 20 in DelObjects
  • #917
  • Jun 30, 2013 2:21pm Jun 30, 2013 2:21pm
Quoting turtlefan
{quote} EURGBP can't make up its mind which direction it wants to go. I am going to leave it on my demo but not trade it on the live account. I think my general plan of action going forward will be to leave all pairs on the demo account, and remove the worst one or two from the live account and then re-evaluate the situation each month. Once a pair starts trending a bit more, it gets promoted back up to the live account. TF
EURGBP has been in extreme consolidation for a long time now. It is the one of, if not, the worst pair to use a swing strategy with.
  • #918
  • Jun 30, 2013 2:22pm Jun 30, 2013 2:22pm

Hi TCO


I installed the EA v1.4 on demo accounts with IBFX (16 charts) and FXCM (8 charts) without any problems.


But when I started to install it on ActivTrades I got also problems with the CPU. I could only manage to install it on 3 charts. With the next chart the CPU gets problems and under the Experts tab there is the message: shutdown by timeout. That might give a hint.


But it is weird that it happens only with this account.


erin1

Enter Signature
  • #919
  • Jun 30, 2013 2:35pm Jun 30, 2013 2:35pm
Quoting turtlefan
{quote} EURGBP can't make up its mind which direction it wants to go. I am going to leave it on my demo but not trade it on the live account. I think my general plan of action going forward will be to leave all pairs on the demo account, and remove the worst one or two from the live account and then re-evaluate the situation each month. Once a pair starts trending a bit more, it gets promoted back up to the live account. TF
Hi Scott, I was thinking the same thing. using the demos to determine the cold ones and hot ones.
  • #920
  • Jun 30, 2013 2:37pm Jun 30, 2013 2:37pm
Quoting turtlefan
{quote} You're welcome. Please see this previous post for the settings on that particular account: http://www.forexfactory.com/showthre...07#post6780407 Yes, I let trades run to TP or SL, with the exception that if I get to 3% total profit on the basket, I close all trades at once. TF
Thanks TF. What is your lower TF trigger? How is it set up?
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