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My EA Gift to Traders

  • #481
  • Feb 11, 2015 3:15am Feb 11, 2015 3:15am
Quoting rkkgs
{quote} its OK ANY GOOD SETTING THEN REPLY TO ME I AM STRAT NEW ACCOUNT AND EA RUN TO MY VPS GIVE ME BEST
No my friend do your homework on your own . My saying is before saying something do real homework and then state something. Because according to your statement we ALL are fool here and you are coming to open our eyes.
  • #482
  • Edited 5:12am Feb 11, 2015 4:10am | Edited 5:12am
I have just posted an update at Post #1 together with a group of .set files. These files draw on Alex's ideas regarding progression on trades that do not reach their full potential because of trailing stop loss or break even considerations and have been have all been optimised as per the settings in the .set file.

The Trade Explorer at the top of the pages is running all the new .set files concurrently. They were backtested and optimized on only data from 1st Nov 2014 to 31st Jan 2015 (USDCHF only until 14th Jan), 1min data for Continuous Straddle and 15min data for RSI and PSAR.

You can view the performance of the 3 individual strategies by viewing my profile.
  • #483
  • Feb 11, 2015 12:48pm Feb 11, 2015 12:48pm
Dave ,

After hours of testing (saved me dozen of time and thank you for that especially) i am sending you two set files that were tested from 01-19-14 to 31-12-14 which showed very good results.

But the MinpipGain is not functioning properly because even if the wager cap has not been reached and the condition has not been fulfilled with previous order has not yet reached pips defined is stoping the progression when tested EUR15 for the whole 2014 on every tick method same for aud15 for 2014 , can't figure out what is going on. When Breakeven is disabled and only trailing stop is enabled it is functioning properly.

Also one thing in my opinion should be considered that when a position was loser and the next trade was stopped by breakeven so it was positive even 0.01 cent there is no reason to increase the wager further but stay on the same wager. This will increase our attempts dramatically.

Example .

First order lot 0.1 loss of 50pips.
Second order lot is increased by Stoplossmulti defined. and this order is closed at breakeven lets say a gain of 0.05 cents (positive)
Third order should open with exactly the same lot as the second order was and if it is taked out by breakeven , again next order should be opened with the same lot size.
The fifth order is stopped by loss . The sixth order should be increased by the StopLossmulti.

Hope made it clear. Also wanted to ask if you had time to make any use of the EA i send you ?

Alex
Attached File(s)
File Type: txt rsi aud15.txt   13 KB | 237 downloads
File Type: txt rsi eur15.txt   13 KB | 246 downloads
  • #484
  • Feb 11, 2015 1:18pm Feb 11, 2015 1:18pm
Quote Alex: Also one thing in my opinion should be considered that when a position was loser and the next trade was stopped by breakeven so it was positive even 0.01 cent there is no reason to increase the wager further but stay on the same wager. /quote

Alex, I'm not sure if I understand this statement. If we are increasing wagers for failure to reach nominated level, are you now saying now that there is an exception to the rule that if the last trade was a break even after a loss, that we do not increase the next wager. That seems to contradict the whole progression basis.
  • #485
  • Feb 11, 2015 1:41pm Feb 11, 2015 1:41pm
Quote Alex: i am sending you two set files that were tested from 01-19-14 to 31-12-14 which showed very good results.

But the MinpipGain is not functioning properly because even if the wager cap has not been reached and the condition has not been fulfilled with previous order has not yet reached pips defined is stoping the progression when tested EUR15 for the whole 2014 on every tick method same for aud15 for 2014 , can't figure out what is going on. When Breakeven is disabled and only trailing stop is enabled it is functioning properly.

Alex, I ran the exact back test you sent me using the EUR set file and modelled on tick data as you can see from the attached screen. More importantly, if you look at the attached graph, you can see the betting progression working normally as evidenced by the increasing size of the wager bars so I don't understand where the problem is. Maybe if you could do the same, I would be interested to see where your wager bars fail to increase.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EUR Strategy Test Properties.jpg Size: 61 KB
Click to Enlarge Name: EUR Strategy Test Graph.jpg Size: 127 KB
  • #486
  • Edited Feb 12, 2015 3:34am Feb 11, 2015 5:16pm | Edited Feb 12, 2015 3:34am
Hi Dave

Been testing the new set files uploaded earlier today with the MinPipGain parameter when i justnotice for some reason on the USDCAD pair both a buy and sell order was placed as can be seen in the active trade window below. I checked the jounal and the experts tab and can see there was no attempt to delete one of the trades as you would expect

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 110 KB



This is the entries in the Experts tab

2015.02.11 21:59:59.973 TradersGift USDCAD,M15: modify #11197817 buy 0.10 USDCAD at 1.26336 sl: 1.25809 tp: 1.27536 ok
2015.02.11 21:59:59.911 TradersGift USDCAD,M15: open #11197817 buy 0.10 USDCAD at 1.26336 ok
2015.02.11 21:59:59.850 TradersGift USDCAD,M15: modify #11197800 sell 0.10 USDCAD at 1.26307 sl: 1.26834 tp: 1.25207 ok
2015.02.11 21:59:59.793 TradersGift USDCAD,M15: open #11197800 sell 0.10 USDCAD at 1.26307 ok
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 77 KB
  • #487
  • Feb 11, 2015 7:27pm Feb 11, 2015 7:27pm
Quoting nobby911
Hi Dave Been testing the new set files uploaded earlier today with the MinPipGain parameter when i justnotice for some reason on the USDCAD pair both a buy and sell order was placed as can be seen in the active trade window below. I checked the jounal and the experts tab and can see there was no attempt to delete one of the trades as you would expect {image} This is the entries in the Experts tab 2015.02.11 21:59:59.973 TradersGift USDCAD,M15: modify #11197817 buy 0.10 USDCAD at 1.26336 sl: 1.25809 tp: 1.27536 ok 2015.02.11 21:59:59.911 TradersGift...
I think you will find that one was an RSI Trade and one was a PSAR trade, its just that the comment had not been updated to reflect the strategy being used. Remember there are 3 strategies in the overall group. I have found that the profile group does not always accurately reflect every saved item and in this case the comment has just reverted to the generic value of the Message input in the EA.

Help file reference:
Message - Change this comment for each scenario. This will be shown in the Trade Log and Account History (these columns are hidden by default - Right Click in the Column headers and check Comments to display). The Comment is also displayed with the On Screen and Email Alerts.
  • #488
  • Feb 12, 2015 1:34am Feb 12, 2015 1:34am
Quoting Dave_C
Quote Alex: Also one thing in my opinion should be considered that when a position was loser and the next trade was stopped by breakeven so it was positive even 0.01 cent there is no reason to increase the wager further but stay on the same wager. /quote Alex, I'm not sure if I understand this statement. If we are increasing wagers for failure to reach nominated level, are you now saying now that there is an exception to the rule that if the last trade was a break even after a loss, that we do not increase the next wager. That seems to contradict...
Dave ,

It is totally logical and it is far not a contradict i will explain it as detailed as possible so you can get the point.

Example:

1. A buy order is opened lot 0.1 SL 50 TP 100
2. the buy order was closed by SL so we have a loss of 50$ approximately.
3. Now according to our progression the wager is increased lets say for example by 1.2 so the lot will be 0.12 SL 50 and TP 100
4. Assume now that the second order that we just opened with 0.12 lot was closed out by breakeven with a profit of 0.01 cent or more no matter the only thing is that it was positive.
5. Now according to our progression lot should have been increased by 1.2 as the previous order is counted as a loss.
6. Here is the change i propose that instead of increasing the lot of the third order to 0.14 to leave it the same as was the second order's lot 0.12 , in that way we gonna increase the attempts.
7. Concluding what i suggest is that the breakeven should not be counted neither loss neither profit just by pass it like it was never there and continue from that point the progression according to our stategy until TP is hit or the condition of MinPipGain is fullfilled in order to start over again the progression.

I think that way we gonna increase the wager only when it is really needed.
Also that fix that we can combine now more strategies as filters has increased the win ratio what was the real point for us. Any syggestion or combination increasing ration will be much appreciated.
  • #489
  • Feb 12, 2015 1:35am Feb 12, 2015 1:35am
Quoting Dave_C
Quote Alex: i am sending you two set files that were tested from 01-19-14 to 31-12-14 which showed very good results. But the MinpipGain is not functioning properly because even if the wager cap has not been reached and the condition has not been fulfilled with previous order has not yet reached pips defined is stoping the progression when tested EUR15 for the whole 2014 on every tick method same for aud15 for 2014 , can't figure out what is going on. When Breakeven is disabled and only trailing stop is enabled it is functioning properly. Alex,...
As soon as i get home i will do that and come back to you.
  • #490
  • Feb 12, 2015 3:05am Feb 12, 2015 3:05am
Quoting Dave_C
{quote} I think you will find that one was an RSI Trade and one was a PSAR trade, its just that the comment had not been updated to reflect the strategy being used. Remember there are 3 strategies in the overall group. I have found that the profile group does not always accurately reflect every saved item and in this case the comment has just reverted to the generic value of the Message input in the EA. Help file reference: Message - Change this comment for each scenario. This will be shown in the Trade Log and Account History (these columns are...
Thanks DaveC

will check into it further just seems strange they were both activated within milliseconds of each other but in opposite directions.

I have now updated all the Messages= parameter.
  • #491
  • Feb 12, 2015 3:46am Feb 12, 2015 3:46am
Quoting alex8585
{quote} Dave , It is totally logical and it is far not a contradict i will explain it as detailed as possible so you can get the point. Example: 1. A buy order is opened lot 0.1 SL 50 TP 100 2. the buy order was closed by SL so we have a loss of 50$ approximately. 3. Now according to our progression the wager is increased lets say for example by 1.2 so the lot will be 0.12 SL 50 and TP 100 4. Assume now that the second order that we just opened with 0.12 lot was closed out by breakeven with a profit of 0.01 cent or more no matter the only thing...
Alex, I appreciate your passion and I was prepared to work with your concept up to a point, but you have gone far beyond the scope of this EA. I sincerely thank you for your input but I feel compelled to remind you, no staking plan can reverse the house advantage!!!!
  • #492
  • Feb 12, 2015 4:04am Feb 12, 2015 4:04am
Quoting Dave_C
{quote} Alex, I appreciate your passion and I was prepared to work with your concept up to a point, but you have gone far beyond the scope of this EA. I sincerely thank you for your input but I feel compelled to remind you, no staking plan can reverse the house advantage!!!!
That is ok with me my friend i will move silently from this thread.

Best of luck.
  • #493
  • Feb 12, 2015 5:05am Feb 12, 2015 5:05am
Quoting alex8585
{quote} That is ok with me my friend i will move silently from this thread. Best of luck.
Alex I am sorry if I offended you but many of the posters are saying ???? just like me.
  • #494
  • Feb 12, 2015 5:59am Feb 12, 2015 5:59am
Quoting Dave_C
{quote} Alex I am sorry if I offended you but many of the posters are saying ???? just like me.
I honestly understand your point , and if the majority believes that i am suggesting something out of scope then the only thing that i can do is just agree with thar fact , because i will never claim that the majority is wrong and i am the right , not that kind of person.

Just assume what i said and what i suggested is only to benefit people. Becaue think for a second if according to your wager cap you can stand 12 consecutive losses and the first 11 trades are closed by breakeven with tiny profits and the last order 12th which is the max according to the wager will be loser you account will suffer either you believe it or not . I am not trying to find the Holy Grail in order to beat the house but trying to survive as long as possible.

Sorry if any mess was created by me no intention from my side , because i hope you realize that i have also spent some time here .

Alex
  • #495
  • Feb 12, 2015 6:08am Feb 12, 2015 6:08am
Hi Dave

what are the sources of your M1 data please ?

cheers

Philippe
  • #496
  • Feb 12, 2015 1:08pm Feb 12, 2015 1:08pm
Quoting Dave_C
Introduction of the ability to back test using the every tick method. This was a difficult task because the EA can run on all timeframes. It was never designed for the every tick method since it always uses previous bar close (unless it is a straddle trade) which means the appropriate model is - "EA's that explicitly control bar opening". When the every tick model is used, each tick represents a bar so the back test results were incorrect because a new bar on the test is the next tick. Anyway, we have successfully tested the rewrite and all is working....
Hi Dave,

I've been busy the last few days and haven't been able to focus on trading, but I wanted to stop by and thank you for implementing the every tick method in your EA. It works great! Thank you so much all your efforts.

drofwarc
  • #497
  • Feb 12, 2015 1:22pm Feb 12, 2015 1:22pm
Quoting Dave_C
{quote} Alex, I appreciate your passion and I was prepared to work with your concept up to a point, but you have gone far beyond the scope of this EA. I sincerely thank you for your input but I feel compelled to remind you, no staking plan can reverse the house advantage!!!!
I've been following this conversation with interest, and just wanted to add my 2 cents. I believe the idea Alex has proposed actually has a great deal of merit because it decreases risk under the quasi-martingale scheme currently implemented. Under this scheme, a trader can sustain only a limited number of losses. The number depends on how much the wager is progressed with each loss.

In Alex's proposal, breakeven trades would not result in a progression of the wager. So for each breakeven trade, the trader would get another roll of the dice, so to speak, at the current higher wager amount with no increase in risk.
  • #498
  • Feb 12, 2015 3:06pm Feb 12, 2015 3:06pm
Quoting drofwarc
{quote} I've been following this conversation with interest, and just wanted to add my 2 cents. I believe the idea Alex has proposed actually has a great deal of merit because it decreases risk under the quasi-martingale scheme currently implemented. Under this scheme, a trader can sustain only a limited number of losses. The number depends on how much the wager is progressed with each loss. In Alex's proposal, breakeven trades would not result in a progression of the wager. So for each breakeven trade, the trader would get another roll of the dice,...
Too many departures from the original concept. I repeat "no staking plan can reverse the house advantage!!!!"
  • #499
  • Edited 11:21pm Feb 12, 2015 3:44pm | Edited 11:21pm
Edit: Thank you all for your invaluable input and I have reopened the thread after finding the reason why there were no trades.

You will need to go to Post #1 and re-download.

I will shortly repost the 21 strategy EA zip file. At the moment, I'm redoing the .set files.
  • #500
  • Feb 12, 2015 5:27pm Feb 12, 2015 5:27pm
Hi Dave

Sorry to hear your decision I have been happily testing your latest release, its a shame you feel you need to end this now, out of all the numerous EA threads that have been started over time this is the the only ones that i really got involved with and genuinely think it has real potential. Its a shame to give up on it now. In my opinion its a brilliant EA with a lot of potential.
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