My EA Gift to Traders | Page 65 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Screen shot indicator free gift 0 replies

DECEMA - Xmas gift! 6 replies

Vegas 1HR GIFT: Big opportunity coming! 5 replies

Attachments: My EA Gift to Traders
Exit Attachments

My EA Gift to Traders

  • #1,281
  • May 11, 2015 4:14pm May 11, 2015 4:14pm
Quoting jarod
Hello I kindly ask if you can help me out. I have two problems: 1. I tried to install the framework 3.5 on win xp and win on the server but does not complete the installation, giving error. 2. Strategy Optimizer after clicking "Start Optimization" me error "Unhandled exception has occurred in you application. Etc .. Conversion form string" 2 "to type 'Single' is not valid". " Thanks in advance {image}
Jarod, The error describes an input with a decimal point which was not expected. If you can take a screen shot of your inputs, it would help. Maybe it is in your data file that you are using if it is not one of the downloads.

Relating to the installation error, was it on the installation of Net Framework 3.5? If it was, I would uninstall it and retry the installation however if Strategy Optimizer is running, the installation must have been successful. Probably better to PM me and I will assist.
  • #1,282
  • May 12, 2015 4:46am May 12, 2015 4:46am
Running 52 of the 56 files on Post # 1 - no EUR-CHF, better hit some of the Take Profit or this demo is sunk
Attached Image (click to enlarge)
Click to Enlarge Name: 12-05-2015 7-42-34 PM.png Size: 534 KB
It takes a lot for me to IGNORE you, but you can try.
  • #1,283
  • May 12, 2015 5:46am May 12, 2015 5:46am
Hey Erebus,

What risk factor are you running or are you running fixed lots. If you look at the optimization files it shows the draw down for each pair / each strategy if you are running all the pairs and unless you are running on a very low risk percentage or very low fixed lot the chances of the account being blown up are almost certain.
  • #1,284
  • May 12, 2015 6:12am May 12, 2015 6:12am
Quoting bbmgavo
Hey Erebus, What risk factor are you running or are you running fixed lots. If you look at the optimization files it shows the draw down for each pair / each strategy if you are running all the pairs and unless you are running on a very low risk percentage or very low fixed lot the chances of the account being blown up are almost certain.
Just as the parameters in the set files from Post # 1 - didn't change anything, just put them in the EA & on the charts

Where are the optimization files you speak of?

I'm really a bit lost with this EA and now I've got the Strategy Optimizer but really lost with how to operate that; doesn't seem very intuitive to me

Thanks, John
It takes a lot for me to IGNORE you, but you can try.
  • #1,285
  • May 12, 2015 6:20am May 12, 2015 6:20am
Hey John,

I think there should have been an optimisation .csv file this breaks down all the strategies into optimized versions and shows a level of draw down with each one. All I can say is that if you have 52 files running with 2% risk rate that can possibly be a 104% of your account loss to start with. Maybe you could run 16 which would give you a max of 32% loss on each occassion. But if you can access the .csv you can calculate a selection using relative draw down rates. Personally I am waiting few days after Daves' demo is up and running and then selecting the most profitable pairs after three or four days.

All the best,

Mac
  • #1,286
  • May 12, 2015 6:26am May 12, 2015 6:26am
In the demo above, the best trade, there is a GBP-USD buy on CCI but I got a sell ??

I believe he said those demos are running on older settings, they might be best after all.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 12-05-2015 9-20-29 PM.png Size: 70 KB
Click to Enlarge Name: 12-05-2015 9-22-17 PM.png Size: 194 KB
It takes a lot for me to IGNORE you, but you can try.
  • #1,287
  • May 12, 2015 6:50am May 12, 2015 6:50am
Hey John,

I believes Dave's Demos are the current sets' as highlighted in post 1. In Dave's Demo account there were a number of GBP USD trades opened and closed this afternoon. I can only assume that Dave already had a buy open when the EA told your chart to open a sell which is why Dave's trade went well and yours didn't . I have to say that I to had the same problem of a buy GBPUSD opening at the same time. If anyone else (Dave?) has got a more definitive explanation that would be great.
  • #1,288
  • May 12, 2015 7:50am May 12, 2015 7:50am
Quoting bbmgavo
Hey John, I think there should have been an optimisation .csv file this breaks down all the strategies into optimized versions and shows a level of draw down with each one. All I can say is that if you have 52 files running with 2% risk rate that can possibly be a 104% of your account loss to start with. Maybe you could run 16 which would give you a max of 32% loss on each occassion. But if you can access the .csv you can calculate a selection using relative draw down rates. Personally I am waiting few days after Daves' demo is up and running and...
Although you are trying to help, telling me about a nonexistent file is not helping.

Yes, I understand running at 2% will deplete the account quickly, but running at 1% the trades will still be losers

It was my understanding the set files are from successful, optimized strategies and as such, my intent was to test them out

Just because I'm running them all on 1 account should change the outcome; looks like Dave breaks the demos into each strategy

That's all
It takes a lot for me to IGNORE you, but you can try.
  • #1,289
  • May 12, 2015 9:00am May 12, 2015 9:00am
Have to shut this down, must be my horrendous sense of trade timing, this can't be right, makes a sell and price immediately goes UP ???

Attached Image (click to enlarge)
Click to Enlarge Name: 12-05-2015 11-56-27 PM.png Size: 420 KB
It takes a lot for me to IGNORE you, but you can try.
  • #1,290
  • May 12, 2015 9:34am May 12, 2015 9:34am
I would suggest maybe lowering your starting balance, or you have to re-optimize those sets for a larger starting balance. Like for example the CCI + Vol trade explorers in my profile starting at $500 and I optimized it for $500, if I test that same set on $10,000 I'll get very different results, usually higher draw down.

Both my CCI+Vol and ADX+Vol sets attached below. (CCI+Vol is optimized for starting at $500 and ADX+Vol for $4,500)
Attached File(s)
File Type: zip CCI Vol(500).zip   25 KB | 193 downloads
File Type: zip ADX Vol(4500).zip   25 KB | 187 downloads
  • #1,291
  • Edited 10:09am May 12, 2015 9:46am | Edited 10:09am
Attached Image

Quoting Shawn29
I would suggest maybe lowering your starting balance, or you have to re-optimize those sets for a larger starting balance. Like for example the CCI + Vol trade explorers in my profile starting at $500 and I optimized it for $500, if I test that same set on $10,000 I'll get very different results, usually higher draw down. Both my CCI+Vol and ADX+Vol sets attached below. (CCI+Vol is optimized for starting at $500 and ADX+Vol for $4,500) {file} {file}
Don't worry, the starting balance is now $20,000 lower

First time I've heard it suggested that account balance has an effect on the trade outcome

I am only a novice at using the Strategy Optimizer hence I am unable to do as suggested, or even to test any ideas of my own

However, I mention before, I was only going along with the information provided; which part of profitable I'm not understanding?
It takes a lot for me to IGNORE you, but you can try.
  • #1,292
  • Edited 5:40pm May 12, 2015 9:57am | Edited 5:40pm
Quoting Erebus
Have to shut this down, must be my horrendous sense of trade timing, this can't be right, makes a sell and price immediately goes UP ??? {image}
John you are going about this in a incorrect manner and, as bbmgavo alluded, you will surely blow your account.

52 EA's at 2% risk on 1 account is over the top. Firstly, run a maximum of 1 strategy on 1 demo account at 2% risk (assuming 14 currency pairs - 7 Majors, 7 Crosses).

There are 4 strategies for the 56 set files. Concentrate on performing strategies. It can take up to a week for a strategy to bed down and initially it may not perform well. One strategy that has performed well is the CCI but my results will not match yours because this has bedded down.

By bedded down, I mean that the money management techniques have had time to run their course and that those trades when everything goes in your favour have been capitalized. Because the EA is designed to only take one trade at a time per chart, if my particular chart has an open trade and yours does not, when a trading opportunity arises, your chart will take the trade and mine will not (and vice versa).

It would be very timely for you to read Post #526

I have included an optimization file as an example. This has the extension .csv and can be found in your optimized sets directory. Just open it with your spreadsheet program (you will need to expand columns 1 and 2).
Attached File(s)
File Type: csv TG_Optimization_20150209_20150508.csv   124 KB | 188 downloads
  • #1,293
  • Edited 4:26pm May 12, 2015 10:28am | Edited 4:26pm
Quote
First time I've heard it suggested that account balance has an effect on the trade outcome

It's not the balance more so the money management. Like take the 2 screenshots below for example. They are the same exact settings/date but different account starting balances. You would think they would have the same number of trades but it works out differently. Also I shouldn't have said very different outcomes, it'd be more like slightly different. Not enough to cause the problem you're having. Like they said though your problem is just too many EA's running.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Test1.JPG Size: 137 KB
Click to Enlarge Name: Test2.JPG Size: 140 KB
  • #1,294
  • May 12, 2015 5:59pm May 12, 2015 5:59pm
Quoting Shawn29
{quote} Like they said though your problem is just too many EA's running.
Some how this is saying, IF the 52 EA's were run on 52 separate platforms, during the same time, and with the same data, they would trade differently?

e.g. some of the signals / trades would be some how reversed and be successful on exactly the same data?

can't get my head around that....
It takes a lot for me to IGNORE you, but you can try.
  • #1,295
  • May 12, 2015 6:07pm May 12, 2015 6:07pm
Quoting Erebus
{quote} Some how this is saying, IF the 52 EA's were run on 52 separate platforms, during the same time, and with the same data, they would trade differently? e.g. some of the signals / trades would be some how reversed and be successful on exactly the same data? can't get my head around that....
Quite differently because the equity available would not be dragged down by the underperforming EA's therefore lot sizes would be quite different. I don't think at this stage you really have a grasp on money managment.
  • #1,296
  • May 12, 2015 6:12pm May 12, 2015 6:12pm
Quoting Dave_C
{quote} I have included an optimization file as an example. This has the extension .csv and can be found in your optimized sets directory. Just open it with your spreadsheet program (you will need to expand columns 1 and 2). {file}
OK, I've found that file ***apologies to bbmgavo ***

I see that the EA is set to run the best parameters in any case; I don't see how that helps ???

What to do with this data? How to understand it better?

Is not the purpose of Optimizer to find the best performance and to put it in the file for EA to trade successfully?

Please, further enlightenment required
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 13-05-2015 9-05-51 AM.png Size: 210 KB
Click to Enlarge Name: 13-05-2015 9-04-24 AM.png Size: 42 KB
It takes a lot for me to IGNORE you, but you can try.
  • #1,297
  • Edited 10:49pm May 12, 2015 7:02pm | Edited 10:49pm
Quoting Erebus
{quote} OK, I've found that file ***apologies to bbmgavo *** I see that the EA is set to run the best parameters in any case; I don't see how that helps ??? What to do with this data? How to understand it better? Is not the purpose of Optimizer to find the best performance and to put it in the file for EA to trade successfully? Please, further enlightenment required {image} {image}
Best performance is very subjective!
If you look at the CSV file (column 2 expanded), you will see drawdown percentage.

By default, I have selected best profit return. As an example, just say you had $10,000 profit on a strategy with 45% drawdown and the next strategy had $9500 with a 15% drawdown. I know which one I'd select. Also when you perform your own optimizations, look at the other figures such as Win/Loss rate

Traders Gift EA and Strategy Optimizer are not profit machines, they are tools and you work with them like a tradesman works with his tools. The more work you put into it the more proficient you become. In your case a lot more research is required rather than just diving in. Please go right through Post #1 together with the links and the help manual. You create your own works with the tools that I provide. Look carefully at the statistics tab. There is a great deal of meaningful information. Use the Print Window button. Look at the successful trade days during the week. It may be better to trade on Tue-Thu. Look at the successful hours of the day. It may be better just to trade during the Euro session. Look at which strategies are more successful in ranging markets. It may be better to consider a continuous straddle or consider a lower timeframe. There's billions of combinations available. Maybe you just decide to use the Straddle to trade news events.

I provide examples not guaranteed profits. You can always replace the examples with your own templates which work well for yourself. Just remember that an EA has a shelf life and you should review monthly.
  • #1,298
  • May 12, 2015 7:21pm May 12, 2015 7:21pm
Quoting Dave_C
{quote}Traders Gift EA and Strategy Optimizer are not profit machines, they are tools and you work with them like a tradesman works with his tools. The more work you put into it the more proficient you become. In your case a lot more research is required rather than just diving in. Please go right through Post #1 together with the links and the help manual.
Dave, as you know, I purchased the Strategy Optimizer - do you wish to provide Help / Support for that here publicly or privately by email?
It takes a lot for me to IGNORE you, but you can try.
  • #1,299
  • May 12, 2015 7:32pm May 12, 2015 7:32pm
Quoting Erebus
{quote} Dave, as you know, I purchased the Strategy Optimizer - do you wish to provide Help / Support for that here publicly or privately by email?
By PM or email is much better.
  • #1,300
  • May 14, 2015 11:04am May 14, 2015 11:04am
Quote
Some how this is saying, IF the 52 EA's were run on 52 separate platforms, during the same time, and with the same data, they would trade differently?

e.g. some of the signals / trades would be some how reversed and be successful on exactly the same data?

can't get my head around that....

The entry signals would be the same, but the amount it enters with and how it's managed after that comes down to the money management settings.
In my first reply I actually didn't correctly read what your problem was and didn't see the part with 52 EA's running on 1 platform. I thought it was more of a why isn't mine trading like his, and seeing the large difference in equity I thought maybe the money management was a factor.
0 traders viewing now