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  • #1,001
  • Jan 14, 2014 6:45am Jan 14, 2014 6:45am
Quoting Magix
{quote} Thanks for the donation and Welcome to the Thread. You've got Mail!
Yes Sir I definitely have got MAIL(S)!

Thank you,

Ty
My job: I speculate and manage risk.
  • #1,002
  • Jan 14, 2014 9:28am Jan 14, 2014 9:28am
Quoting harry45
{quote} FTL by GVC,one chart per pair,range 15. Regards
Many thanks, Harry. All the best
mind over matter
  • #1,003
  • Jan 15, 2014 12:29am Jan 15, 2014 12:29am
Hi Traders . Which E A u find is the best ,
  • #1,004
  • Jan 15, 2014 1:39am Jan 15, 2014 1:39am
Hi,
this is the link where i set up a demo account for Stoma 2 https://www.myfxbook.com/portfolio/stoma2/802349

I have a small question Magix: How the EA (STOMA 2) would have performed on july 10 2013 when EURUSD moved few hundred pips up ?
Thank you for your hard work.
Toinou
  • #1,005
  • Jan 15, 2014 2:22am Jan 15, 2014 2:22am
Quoting toinou21
Hi, this is the link where i set up a demo account for Stoma 2 https://www.myfxbook.com/portfolio/stoma2/802349 I have a small question Magix: How the EA (STOMA 2) would have performed on july 10 2013 when EURUSD moved few hundred pips up ? Thank you for your hard work. Toinou
It's impossible for me to say.

Stoma2 is filtered by the hourly open, and without going back and analysing that particular M1 chart day...I simply don't know.

Have a look at the 4 M1 trade explorers attached to my nick.

They are all running the same grid, same TP, and so far, only STOMA 2 is holding head above water.

Reason being...it qualifies the trades above and below the hourly open, long and short respectively.

If there are trades left at tops or bottoms, in conditions like this, they can be terminated and restarted without too much damage. If you choose, you can also hold at option...

Only time can really answer this question, but again, due to the nature of the filtering, I would believe that it could still stand.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,006
  • Jan 15, 2014 2:51am Jan 15, 2014 2:51am
Thanks for your answer Magix, I will continu to test Stoma 2 I was never into automatic trading before, but i have to admit it s really interresting.
  • #1,007
  • Jan 15, 2014 4:56am Jan 15, 2014 4:56am
Quoting toinou21
Thanks for your answer Magix, I will continu to test Stoma 2 I was never into automatic trading before, but i have to admit it s really interresting.

magix
i about of obos ea sume topic
today i m applying real
this ea for good for my account
my account 1000$
size 0.02 start
level 5
  • #1,008
  • Jan 15, 2014 6:17am Jan 15, 2014 6:17am
Quoting vipbabariya
{quote} magix i about of obos ea sume topic today i m applying real this ea for good for my account my account 1000$ size 0.02 start level 5
My advise:

if your account size is 1000 usd and you are beginner:
try 0.01 lot with only 1 pair, level could be max
AUDUSD is one of the best pair, check demo accounts on the first page
if leverage 50:1 than 0.01 lot AUDUSD need 18 USD as margin
if you go to level 5, that means: 0.01 + 0.02 + 0.03 + 0.04 + 0.05= 0.15 -> 15 x 18 USD = 270 USD
but the lvl 5 is no enough, please check user's demo account on the first page. On my demo account the AUDUSD is going to lvl 8-9, that means: 0.45 lot -> 45 x 18 = 810USD as margin, if your leverage 50:1
  • #1,009
  • Jan 15, 2014 6:35am Jan 15, 2014 6:35am
Quoting armaros
{quote} My advise: if your account size is 1000 usd and you are beginner: try 0.01 lot with only 1 pair, level could be max AUDUSD is one of the best pair, check demo accounts on the first page if leverage 50:1 than 0.01 lot AUDUSD need 18 USD as margin if you go to level 5, that means: 0.01 + 0.02 + 0.03 + 0.04 + 0.05= 0.15 -> 15 x 18 USD = 270 USD but the lvl 5 is no enough, please check user's demo account on the first page. On my demo account the AUDUSD is going to lvl 8-9, that means: 0.45 lot -> 45 x 18 = 810USD as margin, if your leverage...

thanks for advice
  • #1,010
  • Jan 16, 2014 8:33am Jan 16, 2014 8:33am
Magix,

I have a big question about the old EA and the new one incl. ALL in BB M1M5:

I am testing these EAs from nov on 6 demo account + 1 live. My problem is with these EAs:
the levels. They are working on M1 timeframe, and if the pair is going too much pip in one direction, the EAs is opening 1-15 positions (from 0.01 lot to 0.15 lot). That means for example by AUDUSD was going in these days to lvl 10 (0.55 lot). If the pair is going more how can I parry the big loss? In this example the 0.55 lot make big losses in every pip. Can I set the difference between the position? I see the EA open position 15 pip away from the prev. position. But if the pair goes 200 pip and the lvl was set to 10 the last position makes me (10 x 15 = 150 - 200) -50 pip loss.
What if I set the SL? How does it works?

I hope you understand my english + problem.
  • #1,011
  • Jan 16, 2014 8:40am Jan 16, 2014 8:40am
GOT The New BOT thanks
  • #1,012
  • Jan 16, 2014 9:25am Jan 16, 2014 9:25am
Quoting armaros
Magix, I have a big question about the old EA and the new one incl. ALL in BB M1M5: I am testing these EAs from nov on 6 demo account + 1 live. My problem is with these EAs: the levels. They are working on M1 timeframe, and if the pair is going too much pip in one direction, the EAs is opening 1-15 positions (from 0.01 lot to 0.15 lot). That means for example by AUDUSD was going in these days to lvl 10 (0.55 lot). If the pair is going more how can I parry the big loss? In this example the 0.55 lot make big losses in every pip. Can I set the difference...

This typically isn't the case and especially with the OBOS versions that are filtered through a different TF like AllinBB M1M5.

15 is the minimum amount of space between trades, but because of the trigger on grid logic, there must still be a valid trigger after the minimum lot size.

Now, in the case of AUDUSD this week, it has been a bit of a runaway.

This is going to happen and this is typically where and why every Grid/Martingale thread you will read cautions you on the issues. This is infact an issue.

In cases like this, there isn't anything that I have effectively come up with, that has handled these LARGE DDs in trend times. About the best results I have seen, with any trend filtering, is STOMA2. Because it relies on filtering from the hourly candle, it hasn't taken as many false signals and consequently doesn't look as bad as the generic criteria signal grids that I am running against it for comparison...

One of the strategies that I had started to work with is setting it to Level 5 and leaving it.

If come the Friday, it had hit this, I would wait until the following week and up this to 10. Because of the typical Friday Trend and retrace in the following week, these never made level 15. It is an idea that may be worth a try...or just leaving it at level 5 and if the shit hits the fan and it exceeds this, close all trades and sit on your hands for the week.

There is definitely times when these can prosper and excel, but the predictability on the days/weeks that they will work in general terms, can simply not be made.

These are auto traders.

Nothing should be stopping you from using your idea of MM and manually stepping in when rubber is meeting with road.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,013
  • Jan 16, 2014 9:28am Jan 16, 2014 9:28am
STOMA 2, using .01 lot start, .01 increment, tp_in_money=$1, auto_profit=false, Trailstp=false, default on all others.

Compare this to all of the other EAs linked to my nick, you will see the difference.
Attached Image (click to enlarge)
Click to Enlarge Name: stoma2.png Size: 45 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,014
  • Jan 16, 2014 9:40am Jan 16, 2014 9:40am
Quoting Magix
STOMA 2, using .01 lot start, .01 increment, tp_in_money=$1, auto_profit=false, Trailstp=false, default on all others. Compare this to all of the other EAs linked to my nick, you will see the difference. {image}
Thank you Magix,

i will check this setup on evening, I will share my experience with you and the other traders in this thread.
I need to redefine my setup.
  • #1,015
  • Jan 19, 2014 6:43am Jan 19, 2014 6:43am
Hy Magix.... what do you think about main differences in performance and dd between the two stoma2... How is possibile with quite same setting that stoma 2 has avoided huge dd in AUD/USD?
Thanks
Regards
  • #1,016
  • Jan 19, 2014 9:03am Jan 19, 2014 9:03am
Quoting cescof
Hy Magix.... what do you think about main differences in performance and dd between the two stoma2... How is possibile with quite same setting that stoma 2 has avoided huge dd in AUD/USD? Thanks Regards

The triggering is quite close to the same on both EAs in that they both look for a Stochastic overbought and oversold area before looking to trigger.

The only difference is that STOMA2 is filtered by the Hourly Open.

It will only take longs if oversold and above the hourly open, and will only take short if overbought and below the hourly open.

This is the critical factor.

If you have a look at all of the EAs I have Trade Explorers set up for, STOMA2 is the only one to have this filtering built in and the only one that looks like it could make it through another week, unattended and has preserved some gains. Though there is a current DD on the account, closing this would allow it to resume trading without needing to hit higher in levels and could safely minimize against any further draw on account.

Past the other methodology that we have played with here or at the OBOS thread, this is seemingly the best alternative when comes to filtering for direction.

Again, this year is going to be a more systematic approach to markets with the automated traders. Looking at what were high gains week prior to turn into possible blown accounts this last most recent week vs playing a little slower but a lot safer, is still my fundamental idea of building the better bot.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,017
  • Jan 19, 2014 9:08am Jan 19, 2014 9:08am
So if i understand only difference is in stochastic set 12.35 vs 110 35 right?... Im testing harmonics also and seems really avery good performer...
Regards
  • #1,018
  • Jan 19, 2014 9:11am Jan 19, 2014 9:11am
Quoting cescof
So if i understand only difference is in stochastic set 12.35 vs 110 35 right?... Im testing harmonics also and seems really avery good performer... Regards
No.

The HOURLY OPEN as a filter is the difference.
The triggering is much the same, but STOMA2 has a filter.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,019
  • Jan 19, 2014 9:22am Jan 19, 2014 9:22am
So we have stoma 2 with hourly filter right?
  • #1,020
  • Jan 19, 2014 9:25am Jan 19, 2014 9:25am
Quoting Magix
{quote} No. The HOURLY OPEN as a filter is the difference. The triggering is much the same, but STOMA2 has a filter.
Please check on this myfxbook link http://www.myfxbook.com/members/ChipMan/stoma-2-001-lot/794995 , which I found in this thread too, seems stoma_2 can not aviod big DD either. trapped by AUDUSD.
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