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1 trade per pair per year 6 replies

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Quoting armaros
{quote} I don't worry! I see the results of your EAs (xmas v1, HAT, All in BB...). And they are good, impressive. I worry only about the JPY pairs. EURJPY and GBPJPY have big losses.

It's just their trend time.

The USD crosses have proven to get into a little bind as well.

AUD/USD has been a bit of a pickle and I have seen EUR/USD and GBP/USD struggle as well.

Timing can be everything with these.

Start dates of the week prior to NFP week, seem to be the best.
Monday to Wednesday seems to be the least chance of destruction.
And NY through TK, prior to London seem to be the best sessions.

Just my observations...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
Magix, whatīs your opinion about use TDL.EA only in EURUSD 5M with long&short enable.
The backtests of 2013 itīs very good with only a DD of 17%.
From 500 to 17.000 in 11 months?, Itīs possible?.

What about recomended leverege, I suppose 1:500, Itīs OK.?

Thankīs a lot.


* Sorry for my bad english.
Quoting Yafar
Magix, whatīs your opinion about use TDL.EA only in EURUSD 5M with long&short enable. The backtests of 2013 itīs very good with only a DD of 17%. From 500 to 17.000 in 11 months?, Itīs possible?. What about recomended leverege, I suppose 1:500, Itīs OK.? Thankīs a lot. * Sorry for my bad english.
I really don't have an opinion of the TDI_EA on the M5 charts because I haven't tested it live. I would believe that you could adjust some of the settings to allow it to breathe a little more on the M5 than on the M1, especially by way of the trailing stop as well as the grid size and profit ranges, but this too would have to be put to the test.

As for Backtests, please do not use these to gain a forward sense of how these will perform. This more than anything will give you a completely false sense of security and could have a huge impact, in a negative way, on your account. The accuracy on performance in backtests is absolutely worthless.

Run only in a live demo trade account for testing, set a large account trial size and what you can do is change the magic numbers and adjust the settings to see which will perform best over the span of the Christmas season.

This is the only real way you will gain a sense of how these will play out.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
I didn't have much time today to play with my new toys, but I did open a demo account dedicated to the TDI EA, and connected it to Myfxbook. Here's the link (http://www.myfxbook.com/members/kosmo/tdi/770155) for anyone interested.
I'll leave the default settings until the end of the week. Next week I'd like to take it for some M1 trend riding with a couple of EMAs (60/240) as filters for longs and shorts, and maybe set SL/TP based on the M30/H1 ATR. Just some quick ideas. I feel I might get more creative once I know the beast better.

It's such fun, Magix. You have no idea!

P.S. 'The power of the individual' post (http://www.forexfactory.com/showthread.php?p=7126594#post7126594) is pure inspiration. Thanks!
mind over matter
Quoting kosmo
I didn't have much time today to play with my new toys, but I did open a demo account dedicated to the TDI EA, and connected it to Myfxbook. Here's the link (http://www.myfxbook.com/members/kosmo/tdi/770155) for anyone interested. I'll leave the default settings until the end of the week. Next week I'd like to take it for some M1 trend riding with a couple of EMAs (60/240) as filters for longs and shorts, and maybe set SL/TP based on the M30/H1 ATR. Just some quick ideas. I feel I might get more creative once I know the beast better. It's...
The Christmas 2 version in the Christmas Old files uses a Stochastics trigger, and defines the trend with 2 Moving Averages. I do like the idea of the 60 (H1) and 240 (H4) filtering, never tried it before, might produce some interesting results.

My Christmas 2 stats are still on an explorer linked to my nick HERE (http://www.forexfactory.com/magix#09), as well as myfxbook HERE (https://www.myfxbook.com/portfolio/x2-fast/756080).

Using the SLTP for a TOE exit, relatively easy to code...I'd just need to have an idea of the triggering idea.

Glad you are having some fun with the new toys. Myself personally, I still get a little giddy at market open to see how these will play out for the week.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
Quoting kosmo
I didn't have much time today to play with my new toys, but I did open a demo account dedicated to the TDI EA, and connected it to Myfxbook. Here's the link (http://www.myfxbook.com/members/kosmo/tdi/770155) for anyone interested.
I've put your link onto Post 1, under testers accounts.

I like watching the different brokers and different versions perform under specific user guidelines.

STOMA, released last week, viewed through Member BlueJack (http://www.myfxbook.com/members/bluejack/stoma/761903).

Used as a single pair, bi-directional trader and would seem that this week, lot size has increased from .2 to .3.

HUGELY risky, wouldn't encourage anybody to try these same settings at this point in the year with this size of account...but sure is fun to watch!!!
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
Magix,

I am learning a lot reading your postings here and I thank you for your forum. I had a general question that I would like to ask you if you don't mind. It's the difference between a live account and a demo account. I have a live account with Allin 5 running on it, and it just doesn't seem to perform as well as on the same Broker's demo account. This might be just my imagination, but I'm not sure. They claim they do not manipulate accounts in any way, but can a Broker run software on Mt4 that can make the trade go against you? In particular, can they close out trades before they get into profit too far, or in any other way inhibit a trade from taking a profitable course. This question has really been nagging me, because when I watch the trading it doesn't seem quite right, based on my experiences trading demo accounts. Another thing also, are trades that go quickly into negative and stay there. It seems the closer they get to breaking into profit, the slower it goes, and if it does go into profit, the profit is small compared to the amount of the losses. I hope I'm explaining this ok. This is my first time trading a live account.

Thanks,
Paul
Quoting paulgraf
Magix, I am learning a lot reading your postings here and I thank you for your forum. I had a general question that I would like to ask you if you don't mind. It's the difference between a live account and a demo account. I have a live account with Allin 5 running on it, and it just doesn't seem to perform as well as on the same Broker's demo account. This might be just my imagination, but I'm not sure. They claim they do not manipulate accounts in any way, but can a Broker run software on Mt4 that can make the trade go against you? In particular,...

Hey Paul,

Thanks for chiming in and you definitely have some questions worth asking.

A big part of the waiting for profit goes hand in hand with the old saying, "A watched pot never boils". You will find this if you live trade as well. Take a trade and when it goes against you, it does so in a hurry, but when you are in trend, it seems to take forever.

Losing 20 pips is a lot faster and easier than making 20.

This is due to how our minds actually interpret the time as well as when a trade gets triggered, it is automatically a losing position due to spread.

As for how live brokers will treat live trades vs what they do in demo...well, there are a lot of theories about this, and I have actually been to a commercial website that sold software to MT4 brokers to actually manipulate price and stop trades in certain scalping situations. There was a wide array of software as well as the actual list of brokers that subscribed to these services. It was mind blowing. Wish I still had the link...

For the most part, as bad as I have seen brokers, the biggest thing that I have noticed is the widening of spread when opening and closing orders. Shave a few points off of every trade that 1 company has and it does all add to their bottom line. In other instances, and with one broker in particular, working with the SWB Variants, after a while in profit, they stopped allowing supplementary trades. For a cost averaging robot, like we play with here, this is an account killer.

As far as them making a trade go against you...well, they would actually have to swing the entire market to do this and it would be so apparent that they would immediately be brought to any regulatory board that they were governed by. This being said, there are still a lot of bucketshops that aren't really legit and don't really answer to anybody.

Moving the market against you, impossible...but, moving the spread in their favor, not so much. Because Allin works with a trailing stop feature, widening the spread doesn't really show up, but can actually trigger out trades. The market doesn't move, but the profit is gone.

Lag is another form of, what I would consider manipulation, by rejecting an order to close until it is a little more in their favor...yup...it happens.

About the best I could recommend is you visit ForexPeaceArmy (http://www.forexpeacearmy.com/trader_tools/currency_converter?gclid=CNKkhLuHlbsCFQllfgodDHIA6g), and do a little DD on your broker.

Some people are limited to trading the bucketshops, but if you have the ability to find another broker to compare, could it hurt?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
Quoting Magix
{quote} The Christmas 2 version in the Christmas Old files uses a Stochastics trigger, and defines the trend with 2 Moving Averages. I do like the idea of the 60 (H1) and 240 (H4) filtering, never tried it before, might produce some interesting results. My Christmas 2 stats are still on an explorer linked to my nick HERE (http://www.forexfactory.com/magix#09), as well as myfxbook HERE (https://www.myfxbook.com/portfolio/x2-fast/756080). Using the SLTP for a TOE exit, relatively easy to code...I'd just need to have an idea of the...
Thanks Magix. I'll be adding the EAs you so kindly made available one by one, not to confuse myself too much. It's quite a lot of info to digest, and I like to understand every step I take, which slows the process down a bit.

As for the SLTP, I was thinking to apply your suggestion to change the range to 1000, increments to 0, and set the use_sl_and_tp to true. Would it not do the trick? The triggering would stay the same (TDI), and the only addition would be the EMAs for trend direction. If 60 above 240 and sloping up, only buys. If 60 below 240 and sloping down, only sell. Please let me know if I misunderstood you.

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mind over matter
Quoting Magix
{quote} I've put your link onto Post 1, under testers accounts. I like watching the different brokers and different versions perform under specific user guidelines. STOMA, released last week, viewed through Member BlueJack (http://www.myfxbook.com/members/bluejack/stoma/761903). Used as a single pair, bi-directional trader and would seem that this week, lot size has increased from .2 to .3. HUGELY risky, wouldn't encourage anybody to try these same settings at this point in the year with this size of account...but sure is fun to watch!!!...
Thanks for adding my tester account to the list. It might not be the most reliable one though, as it's not connected to a VPS (it's all new to me), so there might be some down time if I have to restart the router or the PC (as far as I understand).

BlueJack's results are quite impressive... Putting STOMA on my list

BTW, the TDI beast has done really well today, and that's with micro lots. Even a tenth of this account would easily withstand today's drawdown and turn a 10% profit. Fantastic! (or am I getting excited too easily)
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mind over matter
Magix,

You said 'ASK', so here I am. A couple of questions I'd very much appreciate your answer to. This is the TDI EA, all settings are default. Platform time is GMT+2, both pictures are today's (03.12) AUDUSD.

1) The orange line shows the distance between the first and the second sell, which is 25 pips? Just trying to understand why it is not 15 pips as in the range settings.

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2) The dashed red lines show decent TDI short triggers and yet no entry was taken until the third red line, which is around 53 pips above the still open 0.01 sell, and 20 pips above the last closed sell. I'm sure there is a perfectly logical reason for it, which you know and I don't.

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Many thanks for your time!
mind over matter
Quoting kosmo
{quote} Thanks Magix. I'll be adding the EAs you so kindly made available one by one, not to confuse myself too much. It's quite a lot of info to digest, and I like to understand every step I take, which slows the process down a bit. As for the SLTP, I was thinking to apply your suggestion to change the range to 1000, increments to 0, and set the use_sl_and_tp to true. Would it not do the trick? The triggering would stay the same (TDI), and the only addition would be the EMAs for trend direction. If 60 above 240 and sloping up, only buys. If 60...

As easy as setting the Range to 1000, you could also set the level to 1. This way, it will only take 1 trade. That is, unless you want to plant a trade after every 1000 or so pips...

Yes on setting the use_sl_and_tp to true. Set these to the levels that you'd consider cutting losses and taking profits. See how it performs. What you would want to do, is set the trailStp_std to a value greater than equal to your profit as well. Otherwise, at current, it will lock on the first 13 pips, and drag the trailer along with it. This does preserve profits, but may have an impact on your idea of the workings.

Using the 60/240 moving averages and going with their slope is easy to code. This being said, it is always darkest before the light, and really always brightest before the night. Meaning what? Automated logic is such that it will continue to take trades as long as the slope is up and the fast ema above slow. When the trend reverses, the lag of moving averages can actually force your auto trader into trades that end up being the pinnacle of market, resembling buying tops and selling bottoms. This is a little of what I was trying to show in the Christmas 2 sample that is running. It has taken some 2 weeks to come close to being back above zero, and this is mostly due to starting it during a minor trend reversal. The Moving Averages on this one are 200 and 288. Reason I have picked these is because trends don't immediately reverse, they typically reverse and confirm. On confirmation, they can in some cases, cost out the last of their positions before taking the trade on the confirmation reversal.

I do like the trend idea, but it has in some cases limited the profitability as well as the practicality of the grid. In these cases, it would almost seem that playing counter would be most effective, know that pivots and session support/resistance ranges are a lot more prevalent that a trend defined on an M1 chart.

That being said...you define the rules and we can write this one for testing in the OBOS thread. This gives all the chance to get in on the action...the more eyes, the more input, the better the finished product.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
Quoting kosmo
{quote} Thanks for adding my tester account to the list. It might not be the most reliable one though, as it's not connected to a VPS (it's all new to me), so there might be some down time if I have to restart the router or the PC (as far as I understand). BlueJack's results are quite impressive... Putting STOMA on my list BTW, the TDI beast has done really well today, and that's with micro lots. Even a tenth of this account would easily withstand today's drawdown and turn a 10% profit. Fantastic! (or am I getting excited too easily) {image}...

Starts on these are crucial.

Monday to Wednesday is more of a sidways market and days to build positions. Wednesday on, it can get a little hairy as this is typically when market starts to trend and Fridays when full trend in swing...this is when the proverbial shit can really hit the fan!

If you go through the PDFs included with the earlier releases of the Christmas EA, you will find instructions and templates for working Monday to Wednesday and then a separate set for working the end of week, with trend. Again, these are by observation, and though not something that I am personally testing, does give an idea as to how these can be applied...

You can see my TDI_TOE trader myfxbook link HERE (https://www.myfxbook.com/portfolio/tdi-toe/761895). The bar chart shows an idea of how these will typically work. Cost averaged positions too can take until Wednesday to cover and today would seemingly be the largest day of growth, but also the biggest day in Draw. Just the movements of market.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
Quoting kosmo
Magix, You said 'ASK', so here I am. A couple of questions I'd very much appreciate your answer to. This is the TDI EA, all settings are default. Platform time is GMT+2, both pictures are today's (03.12) AUDUSD. 1) The orange line shows the distance between the first and the second sell, which is 25 pips? Just trying to understand why it is not 15 pips as in the range settings. {image} 2) The dashed red lines show decent TDI short triggers and yet no entry was taken until the third red line, which is around 53 pips above the still open 0.01 sell,...

This understanding will be crucial to us working together on these.

I have posted information, maybe erased it, can't be bothered to find it, so will just go through a little explanation and this should answer all of your questions.

When working with EAs, there are rules that are defined. Obviously, you understand the basic triggering, but these are grid traders and even more specific Trigger On Grid, or as you will see me refer to them as TOGs.

If you use the FF google search tool and just type in SWB, you will find a few threads that worked with this logic, all of them are DEAD now. Reason being, is that a blind grid is one of the most dangerous playgrounds to be in, in this market. You will also find something referred to, as a DEATH CANDLE. This is where market moves extreme and out of range in a quick amount of time. Now, if your EA had taken a trade, and market suddenly moved against it, 100 pips, at a 15 pip grid, you would have an additional 7 trades, all adding on increment. From there, if that hadn't blown up your account and it continues to move, you get to watch, in slow motion, as your account slowly disintegrates.

Enter in the TOG.
Along with the standard trigger and standard grid, I have modified the SWB to have the trigger included with the grid. Meaning, that the trigger is only taken into consideration if the minimum grid is met and the grid is only taken into consideration if the trigger is present. Both conditions must be met before the extra trades will be added.

So, it will look like this, on the TDI_TOE...
Primary trade will be when the trigger line crosses the trend in either the OB/OS range.
Secondary and additional trades, will only be triggered if (at default), if there is a minimum of 15 pips difference and another trigger is present. This allows for a more dynamic range as well as adds in a little safety to the grid trade concept.

If both conditions are not met, no additional trades.

It is in this, where we have to be very specific about our triggering and the ranges we set. As well as when watching the higher time frames, how we can adjust the grid size to meet with a larger range.

Does this help?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
Getting past the TOG, written into the code is also the TOE, trigger on Exit.

What this does is to try and capitalize on reverse signals to take profit.

This too is what makes these versions a little more fun to play with and definitely can completely turn the logic of motion completely into the hands of the market making them as close to 100% dynamic as possible.

Going with the cliche, long until short or short until long, the Trigger on Exit, for the TDI_TOE is the exact counter. So, if we have taken a long trade based on the oscillator cross in the oversold area, and the trade extends until the overbought area and another oscillator line cross, we have played the market long to short. Because we have a trigger waiting to take a short from here, it will want to play, long to short to long to short...........................................

Now, because market doesn't always play this nice, if we are wrong on one side, we are going to cost average in based on the TOG and do this until our criteria for profit is met.

When I started playing with this concept, I had left a default of $1 in the tp_in_money. What this does by any value, is forces the exit to wait for that minimum value before triggering out. In doing this, what I came to realize is that having this value set to zero, allows the market to set the ranges. Takes a lot of really skinny trades, but hey...a win is a win!

If playing by any TF greater than the M1, I would say that adding in a minimum value into the tp_in_money would be a good idea. Hate to see a .02 profit with this on an hourly chart if just simply waiting a little longer would have actually got the trailer to kick in and watch the profits grow.

Test, test, test...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
new bot looking good so far, now all we need is time to see if it gets in trouble

http://widgets.myfxbook.com/widgets/768562/large.jpg
Quoting tazmaan
new bot looking good so far, now all we need is time to see if it gets in trouble {image}
Hey TMANG!

This was going to bring me into my next little refresher, on when to just take the money and run...

Because I use these mostly as an entry tool and mimic their motion, in a live trade scenario, I borrow logic from Dark_Force as to when to close em out and walk away with the dough in hand.

Dark_Force has turned his account 2x this year. Meaning, he started off with $10k and walked away with $10k proft, 2x.

He has, to my knowledge, the most experience with these variants in a live trade environment, so learning from him, really is the thing to do.

Darks take, when they make you 25%, NET, close all trades, withdraw the gains from your account, and start all over.

This is the rinse and repeat cycle.

After this short time of trading, and if this was on real money...10% per week puts you WAAAAAAAAAAAAAAAAAAAAAY ahead of the pros.

When could you book the cash?

This is where you make the decision!

Thanks for the share Taz!

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
yeah it's too bad on a demo account you can't withdraw funds, would make testing that type of scenario interesting
Please see below the details of the latest bot TDI_L(running both long and short) on 1 Minute with Level as 2.

http://www.myfxbook.com/members/gcestore/1mtdl614144/771289
This is the demo for TDI_L and TDI_S with default settings, running 24/7

http://www.myfxbook.com/members/goldcourse/gp202056/770592

http://widgets.myfxbook.com/widgets/770592/mini.jpg
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