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Eitan's Project

  • #6,381
  • Aug 17, 2014 3:45pm Aug 17, 2014 3:45pm
The next picture
First yellow line 2 June. First brick is red so should be a valid entry, right? Trend indi not below -0.004. This was losing trade.
The same case entry rules met for 9 June (winner), 16 June (loser). Trade on 18 June wouldn’t be taken because trend indi isn’t below -0.004 and it isn’t first brick either.
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  • #6,382
  • Aug 17, 2014 3:46pm Aug 17, 2014 3:46pm
Trade on 27 July and 5 August would be a valid winner to my understanding. Although trend is not below -0.004
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  • #6,383
  • Aug 17, 2014 3:47pm Aug 17, 2014 3:47pm
Quoting Vigovski
{quote} your trades not valid stoch cycles. You need to check Stoch rule too
hi, which trade in particular are you referring to?
  • #6,384
  • Aug 17, 2014 3:47pm Aug 17, 2014 3:47pm
Quoting tonny47
First of all, thank you very much all for your comments and I apologise if its taking me some time to reply. I went over my entries I posted earlier What I meant was that the entry would be once the candle with yellow vertical line on it closed Now back to my entries. Would you take first two trades or is stoch zigzagging too much? First trade on 21 February met the criteria as for my understanding - it is a first gmts brick entry (although the trend indi is below 0.004). This would be a losing trade. Second trade 12 March – same situation but winner...
Apart your considerations, 1st and 3rd has not be taken cause Stock not over 85 area. Why do you take them? OVER 85 area MANDATORY..it's into the first time MTS rules, i believe.
You have ideas a bit confused about Stock, i think

P.S. ok i see in the 1st post it's said 80 area and 20 area. But that's a bit old (maybe i will soon publish a revamp of MTS rules with all the changes that comes from that very first ruling)..now use 85 and 15
  • #6,385
  • Aug 17, 2014 4:05pm Aug 17, 2014 4:05pm
Quoting tonny47
{quote} hi, which trade in particular are you referring to?
hay tonny please follow MY rules and look for my rules to entr trade u can look at first post there is link to my favorite entrirs scenario;s

here it is for you,check it out http://www.forexfactory.com/showthread.php?p=7617413#post7617413

also i must admit thats those best scenario dont popup lot therfore we need patience with mts strat and sometimes we break the rules and pay with money
when GOD brings you a challenge he also gives you the power to deal with it
  • #6,386
  • Aug 17, 2014 4:17pm Aug 17, 2014 4:17pm
Quoting cariddi74
{quote} Apart your considerations, 1st and 3rd has not be taken cause Stock not over 85 area. Why do you take them? OVER 85 area MANDATORY..it's into the first time MTS rules, i believe. You have ideas a bit confused about Stock, i think P.S. ok i see in the 1st post it's said 80 area and 20 area. But that's a bit old (maybe i will soon publish a revamp of MTS rules with all the changes that comes from that very first ruling)..now use 85 and 15
Ok so that would leave us with 4 trades then
12 march - winner
2 june - loser
9 june - winner
5 august - winner

Would you please confirm what level stoch has to come from for long as per latest update 15, 20 or 25 level?


Now do not get me wrong, I am not crazy about taking many trades but 4 trades for nearly 8 months period seems not many. I know i only looked at EUR USD in the backtest i posted but Eitan stated 86% in 2012 and 90% in 2013. When I applied the same old rules I got nowhere near that ratio in 2014 for EURUSD which worries whether parameters were not over-optimised (ie curve-fitted). It may be difficult to conclude whether the number of trades taken is sufficiently statistically large sample (Eitan could perhaps comment on this as his mathematical skills must be way better than mine). As stated, I only looked at EUR USD.

I understand that newer rules are at place which are reducing number of trades further.
  • #6,387
  • Aug 17, 2014 4:21pm Aug 17, 2014 4:21pm
Quoting eitan1010
{quote} hay tonny please follow MY rules and look for my rules to entr trade u can look at first post there is link to my favorite entrirs scenario;s here it is for you,check it out http://www.forexfactory.com/showthread.php?p=7617413#post7617413 also i must admit thats those best scenario dont popup lot therfore we need patience with mts strat and sometimes we break the rules and pay with money
Eitan, I went through it several times I promise, but my understanding was I posted earlier
  • #6,388
  • Aug 17, 2014 4:33pm Aug 17, 2014 4:33pm
Quoting tonny47
{quote} Ok so that would leave us with 4 trades then 12 march - winner 2 june - loser 9 june - winner 5 august - winner Would you please confirm what level stoch has to come from for long as per latest update 15, 20 or 25 level? Now do not get me wrong, I am not crazy about taking many trades but 4 trades for nearly 8 months period seems not many. I know i only looked at EUR USD in the backtest i posted but Eitan stated 86% in 2012 and 90% in 2013. When I applied the same old rules I got nowhere near that ratio in 2014 for EURUSD which worries whether...
The 2 june "loser" has not to be taken ...not full cycle of stoch. Sorry, but if you miss continuosly pieces of the puzzle you will get for sure wore results than Eitan stats. As per frquency of trades, i already replied....also multiply n.of EU trades x 15 pairs!

Levels are 15 and 85.
  • #6,389
  • Aug 17, 2014 4:40pm Aug 17, 2014 4:40pm
Quoting cariddi74
{quote} The 2 june "loser" has not to be taken ...not full cycle of stoch. Sorry, but if you miss continuosly pieces of the puzzle you will get for sure wore results than Eitan stats. As per frquency of trades, i already replied....also multiply n.of EU trades x 15 pairs! Levels are 15 and 85.
ok i see, so it would have to go above 85 before going down below 15 level. In that case we wouldnt take trade on 5 august either. This would leave us with 2 trades since January. As I said - i am not excited about taking many trades - i was more concerned about the size of the sample on which results are based even though its great you can trade it on 15 pairs
  • #6,390
  • Aug 17, 2014 4:52pm Aug 17, 2014 4:52pm
Quoting tonny47
{quote} ok i see, so it would have to go above 85 before going down below 15 level. In that case we wouldnt take trade on 5 august either. This would leave us with 2 trades since January. As I said - i am not excited about taking many trades - i was more concerned about the size of the sample on which results are based even though its great you can trade it on 15 pairs
Bear in mind I'm still learning the system too but I've just done a BT of 2010 EURUSD for MTS system and by my reckoning there were 8 valid entries in that year for this pair. I counted only 2 entries on my broker for EURUSD in 2014 so far too with more than half the year gone so it's probably safe to assume that some years will get more entries than others on a particular pair. It will be fewer entries I guess when more time is spent in "unordered markets" and less in trends.
  • #6,391
  • Aug 17, 2014 4:56pm Aug 17, 2014 4:56pm
Quoting Ethlao
{quote} Bear in mind I'm still learning the system too but I've just done a BT of 2010 EURUSD for MTS system and by my reckoning there were 8 valid entries in that year for this pair. I counted only 2 entries on my broker for EURUSD in 2014 so far too with more than half the year gone so it's probably safe to assume that some years will get more entries than others on a particular pair. It will be fewer entries I guess when more time is spent in "unordered markets" and less in trends.
may i ask how many of those 8 trades were winner/losers and how big was your stop loss and target profit?
  • #6,392
  • Edited 5:49pm Aug 17, 2014 5:16pm | Edited 5:49pm
Hello,

GMTS tape in SMRI system appears always as gray. Tried restarting, reinstalling... GMTS tape works beautifully with MRI Trend Surfer method...

Any clue how to fix it?

Edit:

Apparently leaving MRI Trend Surfer files and replacing them with SMRI files fixes the issue of GMTS tape.

Cheers
Let the market decide!
  • #6,393
  • Aug 17, 2014 5:24pm Aug 17, 2014 5:24pm
Quoting tonny47
{quote} may i ask how many of those 8 trades were winner/losers and how big was your stop loss and target profit?
Those are the questions I am trying to answer.

My BT is still not complete because I've only tested the entries and not the trade management or exits. In what I'm hoping will be a time-saving measure I'm using using fxblue simulator for MT4 to find the historical entries and Forex Tester 2 to manage the trades and exits.

Tomorrow my plan is to reread Eitan's journal from post 1 with focus on understanding the recommended exit strategies. Ultimately I hope to do a thorough BT for all 15 recommended pairs from 2010 to 2014 and that should take a month at least but will give me lots of practice and a much longer sample of trades to work with.

I'll let you know when I've got some proper results but I know some of those 8 entries could have generated many hundreds of pips. I think I'd like to try to catch those swings rather than scalping out of the full position at 30 pips. That's all I can say for now
  • #6,394
  • Aug 17, 2014 6:16pm Aug 17, 2014 6:16pm
GJ long on lower tf with SMRI method (do not follow)TP @171.577.
when GOD brings you a challenge he also gives you the power to deal with it
  • #6,395
  • Aug 18, 2014 12:13am Aug 18, 2014 12:13am
hi eitan
dont you recommend lower TF on new SMRI ?
like 1 H or 15M?
thanks alot
fred
  • #6,396
  • Aug 18, 2014 12:26am Aug 18, 2014 12:26am
Quoting fredgold3434
hi eitan dont you recommend lower TF on new SMRI ? like 1 H or 15M? thanks alot fred
You can make backtest probably you will see some falses.
He build only for high time frames but you can look and maybe you can catch one edge and share with us your results
Neural Network Algorithm and Econophysics
  • #6,397
  • Aug 18, 2014 12:45am Aug 18, 2014 12:45am
Quoting Ethlao
{quote} Those are the questions I am trying to answer. My BT is still not complete because I've only tested the entries and not the trade management or exits. In what I'm hoping will be a time-saving measure I'm using using fxblue simulator for MT4 to find the historical entries and Forex Tester 2 to manage the trades and exits. Tomorrow my plan is to reread Eitan's journal from post 1 with focus on understanding the recommended exit strategies. Ultimately I hope to do a thorough BT for all 15 recommended pairs from 2010 to 2014 and that should...
  • #6,398
  • Aug 18, 2014 1:11am Aug 18, 2014 1:11am
Quoting fredgold3434
hi eitan dont you recommend lower TF on new SMRI ? like 1 H or 15M? thanks alot fred
i wrote there " do not follow"..
when GOD brings you a challenge he also gives you the power to deal with it
  • #6,399
  • Aug 18, 2014 3:37am Aug 18, 2014 3:37am
Thanks Carriddi74,

I re-checked and found the indicator T3MA-basic.mq4 was missing. in my folder.

Howard
  • #6,400
  • Aug 18, 2014 4:16am Aug 18, 2014 4:16am
Quoting cariddi74
{quote} Well, i don't really know if since Jan 2014 just 2 entries for EU/USD... possible. But if you (on average) multiply this for 15 pairs...well...also in terms of quantity, not bad at all for a -statistically speaking-, very strong system (MTS) For the TP, Eitan more than once expressed his suggestions...anyway, if you care this are mine (similar): A- Let's say 25 pips TP1 minimum and close all (SL last swing /contrary yellow dot). It also depends by the ADR of the pair you are trading...GBP/JPY for example moves on average a lot more than...
Thank you Cariddi74
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