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Lets Automate a Simple Renko Strategy!

  • #901
  • Edited 10:28pm Apr 8, 2015 10:01pm | Edited 10:28pm
this is an interesting one ... standard exits ( opposite candle ) vs enhanced exits - as of now. don't expect to see the enhanced exit results in forward testing later, thus this logic starts scalping after the entry. but the comparison shows clearly where we have potential and where the problem is, the entries are ok.

p.s. it's not a challange to get max. 200 random renko bricks a day, not repainting. also not for the strategy tester. it's a challange to extract profit out of this, following the forex trading rules.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Enhanced Exit.jpg Size: 157 KB
  • #902
  • Apr 9, 2015 12:34am Apr 9, 2015 12:34am
Quoting verified
this is an interesting one ... standard exits ( opposite candle ) vs enhanced exits - as of now. don't expect to see the enhanced exit results in forward testing later, thus this logic starts scalping after the entry. but the comparison shows clearly where we have potential and where the problem is, the entries are ok. p.s. it's not a challange to get max. 200 random renko bricks a day, not repainting. also not for the strategy tester. it's a challange to extract profit out of this, following the forex trading rules. {image} {image}
what is the enhanced exit then?
patience is a virtue
  • #903
  • Apr 9, 2015 12:42am Apr 9, 2015 12:42am
Sorry for my wording and the confusion, you will see the enhanced exit but in a different version, not the scalping one. The enhanced exit tries to give as less money back to the market as possible, once we have it already. It also tries to stay in a trade when it looks good, even when we have an opposite candle.
  • #904
  • Apr 9, 2015 1:35am Apr 9, 2015 1:35am
hi math i ma ussing 14-7-3 for the stocastic, but i am ussing that for 5 bricks chart may be for 10 brics i use 8-5-3 the mostimportant is try to avoid the sell or buy in extreme territories may be we will not take all entrieslike now but will avoid to lose in this periods and i gues will be mcuh profitable day after day.

also if the stop loss is above the price where the stocastich do the turning point in 80 for selling, and is close to ema 55 or 200, and a trend starts we can leave that entry open and not close after first opposite candle....when it is in range is another story, but with eurothat is going up and down was working that with the pound that was in ranges the last weeks i need to enter and stop enties faster ussing this startaegy but always the entries i do with the EA that math tratder is developing

hope this can help
  • #905
  • Apr 9, 2015 1:52am Apr 9, 2015 1:52am
Quoting aledipi
hi math i ma ussing 14-7-3 for the stocastic, but i am ussing that for 5 bricks chart may be for 10 brics i use 8-5-3 the mostimportant is try to avoid the sell or buy in extreme territories may be we will not take all entrieslike now but will avoid to lose in this periods and i gues will be mcuh profitable day after day. also if the stop loss is above the price where the stocastich do the turning point in 80 for selling, and is close to ema 55 or 200, and a trend starts we can leave that entry open and not close after first opposite candle....when...
Hi aledipi, I'm performing a lot of testing ATM. When you use 5 pips bricks, you will be kicked out in 60 - 80% of the short trades ( EURUSD ). Changing brick size to 8 helped a lot in my case - FYI.
  • #906
  • Apr 9, 2015 1:54am Apr 9, 2015 1:54am
here it is an image of wht happened yesterday with euro, emas 55 y 200, when euro started to go down stocastic gave great signals aboove 80 if we leave the stop above those entries we can catch great entries. with the ea.
Attached Image (click to enlarge)
Click to Enlarge Name: euro 10 bricks + sto.png Size: 98 KB
  • #907
  • Edited 2:19am Apr 9, 2015 1:56am | Edited 2:19am
last week the euro was up, buy around 20 in stocastic and ema 55 and 200 where up. when it is in range, always the most important is sell or buy but to the side that the trend is strong is where i will bet more to continue the move.
  • #908
  • Apr 9, 2015 3:09am Apr 9, 2015 3:09am
here i made a circle where stop loss should be after an entry, and is where EA from math trader add, if the trend begins we will be really happy, once the price starts to move , i put stop in zero to avoid risk, and try to let the entry run if it is a trend another entry can add. sometimes the price just return to 55 ema and fall again, strong trend, but stoc don move up 80 it is a pity but we have another running, so it is ok.

renko is great as shows perfect supoport resistance and with 55 and 200 shows trends really clear.

take profict is dificult to say when or where may be a divergencie can be a good exit to not lose some pips in a trend just an idea.
Attached Image (click to enlarge)
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  • #909
  • Apr 9, 2015 3:24am Apr 9, 2015 3:24am
thkan you verified for your comment i will try 8 brick chart!
  • #910
  • Apr 9, 2015 4:56am Apr 9, 2015 4:56am
here is the prefect example, the euro is in a downtrend and a bit oversold, and make one good entry close to 55 ema and then a second entry far for this ema and not over 80 stoch, can win yes if the market is really strong, but can make a bounce bfore to continue.

, what i think is risky one, may be we can avoid this risky just adding a rule that if it is not close to 55 ema or 200 ema don t entry.

this way we can keep it really simple, i am really happy with this ea

it was a good idea to desable the one candle oposite to close

so may be we have to good filters to chose one can be stocastic and the most simple if the price is close to ema 55 or 200

best!
Attached Image (click to enlarge)
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  • #911
  • Apr 9, 2015 7:22am Apr 9, 2015 7:22am
Quoting verified
{quote} Hi aledipi, I'm performing a lot of testing ATM. When you use 5 pips bricks, you will be kicked out in 60 - 80% of the short trades ( EURUSD ). Changing brick size to 8 helped a lot in my case - FYI.
And, here we have it!!

This is the problem with you...

You are using bullshit statistics and are now coaching others?

Without a single actual live statistic even applied to your own logic, you have ZERO idea of what will actually gain or lose.

Throw away the backtester, you are wasting infinite internet space and are a becoming detriment to others.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #912
  • Apr 9, 2015 8:01am Apr 9, 2015 8:01am
Do forward test and share the result.
We can add any filter to avoid buy at top or sell at bottom .
Attached Image (click to enlarge)
Click to Enlarge Name: eu.PNG Size: 80 KB
  • #913
  • Apr 9, 2015 8:02am Apr 9, 2015 8:02am
Quoting Magix
{quote} And, here we have it!! This is the problem with you... You are using bullshit statistics and are now coaching others? Without a single actual live statistic even applied to your own logic, you have ZERO idea of what will actually gain or lose. Throw away the backtester, you are wasting infinite internet space and are a becoming detriment to others.
warum nicht einfach die fresse halten wenn man nichts zu sagen hat ... einfach mal die schnauze halten.

( ban me for this )
Attached Image
  • #914
  • Apr 9, 2015 8:11am Apr 9, 2015 8:11am
^^
Backtest bringt nichts in Bezug auf zukünftige Performace.
Wenn du an den Parametern drehst "Bricksize", TP, SL und Backtestest betreibst du nichts anderes als Curvefitting.

Wie viele EA Strategien hast du selbst programmiert?
Bei Magix sind es minimum 100, ich selbst komme auf mehr als 70 und du meinst (denn deinen Background kennen wir als neues Mitglied nicht)
du müsstest Klemptnern erklären wie Scheisse riecht

to make it short for the english community, changing parameters of an EA in a Backtest is nothing more than curvefitting,
for the selected period... a what could be when market rhythm doesn´t change.

Forget the backtests.... just brainfucking

When you have determined a functional trigger for entry and exit throw it away...
just do it
  • #915
  • Apr 9, 2015 8:16am Apr 9, 2015 8:16am
Quoting thodie
changing parameters of an EA in a Backtest is nothing more than curvefitting, for the selected period.
So true for most of the EAs out there....
Trading is the hardest way to make easy money...
  • #916
  • Edited 8:48am Apr 9, 2015 8:34am | Edited 8:48am
I'd like to know how you are testing when backtesting has now value - forward testing with 3 - 10 cases every day ? I want thousands of cases in a few minutes. The market will not change, it has a memory and appears most of the time to be random ( from a number cruncher's perspective ). If you ignore backtesting, you will never find a sustainable algo and need to deal with martingale, baskets, high risks, whatever. It's enough to catch more than 5% above the average, technical.

Code an EA, enter random and use martingale. This will work for a long time.

I've beed asked about my background. How many EA's I have coded, 70 ? 100 ? 1000 ?

Developing SW is a piece of cake in case of MetaTrader when you have a concept. For having a concept, you need experience. For having experience, you need to do and you need to test.

A few test cases are not enough. You need thousands of test cases if not much more. You get them by forward testing ? Then I am not surprised by the results.

GL, V.
  • #917
  • Apr 9, 2015 8:36am Apr 9, 2015 8:36am
Quoting verified
( ban me for this )
Ban you?

When it is this much fun just watching you make a mockery of yourself...

Are you kidding me...

I've said it before but will quote it again:

Quoting Magix
Listen, dipstick. Your ego might be a little bruised and you may feel a little tender...this isn't the first time and if you proceed in this market, won't be the last.

The best thing you can do at this point, is ask questions and spare the rest of us from the rhetoric. As far as market is concerned, you are still shitting green. As far as the rest of us are concerned, you haven't the ability nor foresight to add anything of particular value.

Quoting Magix
Really, at this point...to save face, you should just surrender your current nick and shoot for another. Verified is now a nick that dogs wouldn't sniff if it was completely submersed in piss or gravy.
Throw away your backtests and spare us all from your rhetoric!
Attached Image
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #918
  • Apr 9, 2015 8:50am Apr 9, 2015 8:50am
Quoting Magix
{quote} Ban you? When it is this much fun just watching you make a mockery of yourself... Are you kidding me... I've said it before but will quote it again: {quote} {quote} Throw away your backtests and spare us all from your rhetoric! {image}
constructive as always, man I am tired ...

about you ? yes, also.
  • #919
  • Apr 9, 2015 8:52am Apr 9, 2015 8:52am
I really hate this kind of arguement happenning in this thread.
post your EA here, i will do forward testing and backtest it again one month later.
then you will find out the result.
it is much better than wasting your saliva here
patience is a virtue
  • #920
  • Apr 9, 2015 8:54am Apr 9, 2015 8:54am
Quoting verified
{quote} constructive as always, man I am tired ... about you ? yes, also.
Good time to maybe save some energy...

Why don'tcha take a little time out and come back when you have some live test data.



All them backtests and worthless posts, prolly just wearing you out.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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