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An EA Trading System with custom indicator "Solar Joy"

  • #21
  • May 26, 2015 6:00am May 26, 2015 6:00am
Attached Image (click to enlarge)
Click to Enlarge Name: lag.jpg Size: 227 KB

the problem is your indicator, it has lag

don't waste your time, forget this indicator.
all indicators have this problem
and it is impossible to solve this
I really don't know how to help you see this indicatory weakness,
I can see in the chart, I wonder why u can not notice it


if u had problem with backtest: remove this part:

/* if(accountEquity/accountBalance<=DrawDown && closeAll==false)
{
closeAll=true;
Print("Equity Drawdown is over the limit and closed all orders");
} */
  • #22
  • May 26, 2015 10:56pm May 26, 2015 10:56pm
Quoting tablet8
{image} the problem is your indicator, it has lag don't waste your time, forget this indicator. all indicators have this problem and it is impossible to solve this I really don't know how to help you see this indicatory weakness, I can see in the chart, I wonder why u can not notice it if u had problem with backtest: remove this part: /* if(accountEquity/accountBalance<=DrawDown && closeAll==false) { closeAll=true; Print("Equity Drawdown is over the limit and closed all orders"); } */



Dear Tablet8,

All indicators have lag and it's not related to any platform if that is the lag you mean. Correct?
If yes, it's not the issue I want to resolve and it's not my concern as I can accept the lag.

Please read my first post again and understand I need know why the EA trading isn't consistent with the indicator for back testing.
Even though my indicator and EA can't make money and the indicator has lag, I must know the reason why the issue exists.
Thanks for understanding and support!
  • #23
  • May 27, 2015 12:54am May 27, 2015 12:54am
Quoting jollydragon
{quote} why the EA trading isn't consistent with the indicator for back testing.!
(This is my last post)

why the EA trading isn't consistent with the indicator for back testing
because of the lag
EA trading isn't consistent with the indicator for manual trade also
because of the lag
I repeat: it is 100% impossible to make a consistent profitable robot using indicators.

---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
for all of traders who waste time on idicators:

we have three kinds of indicators:

Group one: non working indicators
in this group, only by watching the indicator and and chart we obviously see that the indicator is useless and not working and mistakes, even an infant can understand that there is no relationship between price and indi

Group two: non working indicators!
in this group when we look at the indicator, we think it is working and giving correct signal, but it is not true,
and this group is the re-paint indicators
we have a lot of this re-paint indicators
example: semafor indicator

Attached Image


Group three: non working indicators!!
in this group when we look at the indicator, we think it is working and giving correct signal, but it is not true,
and this group is the lagging indicators
we have a lot of this lagging indicators
example: super scalper indicator

Attached Image (click to enlarge)
Click to Enlarge Name: super scalper.png Size: 27 KB


--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
and finally we have fibonacci ratios which is not human made indicator and elliot wave and pattern and .... which are not indicator at all
and if someone learn to use them correctly they can work correctly
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------





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  • #24
  • May 27, 2015 3:14am May 27, 2015 3:14am
Quoting tablet8
{quote} (This is my last post) why the EA trading isn't consistent with the indicator for back testing because of the lag EA trading isn't consistent with the indicator for manual trade also because of the lag I repeat: it is 100% impossible to make a consistent profitable robot using indicators.
Dear Tablet8,

Maybe I still don't understand lag indicators. Can we have a chat with TeamViewer? Or other messenger?
This is the information for teamviewer:

Inserted Code
link to join conference of teamviewer:
http://go.teamviewer.com/v10/m75371719
conference ID：m75-371-719  PW：123
  • #25
  • May 27, 2015 3:47am May 27, 2015 3:47am
Quoting tablet8
{quote} (This is my last post) why the EA trading isn't consistent with the indicator for back testing because of the lag EA trading isn't consistent with the indicator for manual trade also because of the lag I repeat: it is 100% impossible to make a consistent profitable robot using indicators. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------...
  • #26
  • Edited 4:19am May 27, 2015 4:06am | Edited 4:19am
Quoting mvp77
{quote}

To be honest, I don't believe it either.

Today I tested it again. Completed 51 trades on EurUSD M30 from May 28, 2013 with back testing.
3 trades(previous close and new open for 1 trade) happened 1 bar earlier. 1 Trade happened 1 bar later. Most happened at random time on Mondays.
There's 1 time that EA ignored 2 continuing signals.
So the defect ratio is 5/51 ==> about 10%.
For details, please refer to the screenshots below.

Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 12 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 2.png Size: 17 KB


But what's the reason for trading not to be consistent with the indicator?
  • #27
  • May 27, 2015 5:13am May 27, 2015 5:13am
According to my further analysis, believe there is still re-painting in the indicator with about 10% signals.
But which part of the indicator code is causing it?
  • #28
  • May 27, 2015 5:38am May 27, 2015 5:38am
I also detected 'limit' is '1' after the first order begins to open.
How can previous bars be re-painted?
  • #29
  • May 27, 2015 8:13pm May 27, 2015 8:13pm
Quoting tablet8
{quote}
Dear Tablet8,

Thank you very very much for you help!

Let me clarify 2 things:
1. Every indicator has lag issue and I can accept. Otherwise I haven't better trading method. Or you can teach me your ways?
2. Thank you so much for seeing the re-painting. But please understand I need know why and improve myself.

So far no another person is willing to take time to help me, but you. It's really appreciated. You are my friend and hope I can return something to you someday! You are a good friend and please god bless you!

Best regards,
  • #30
  • May 27, 2015 8:56pm May 27, 2015 8:56pm
Quoting jollydragon
{quote} Dear Tablet8, Thank you very very much for you help! Let me clarify 2 things: 1. Every indicator has lag issue and I can accept. Otherwise I haven't better trading method. Or you can teach me your ways? 2. Thank you so much for seeing the re-painting. But please understand I need know why and improve myself. So far no another person is willing to take time to help me, but you. It's really appreciated. You are my friend and hope I can return something to you someday! You are a good friend and please god bless you! Best regards,

You are better off directly asking a pro such as Hanover or FerruFX for help, my opinion on this matter is, you need to rewrite the code from scratch. You should be more concerned with forward tests. The free version of an EA builder, such as fxdreema (google it) could also help you out depending on the complexity.
  • #31
  • May 28, 2015 2:04am May 28, 2015 2:04am
Dears,


Good news. Finally I know the reason. It's the one that I think the most impossible because I believed TickStory was professional.
My back test is completely consistent with my indicator if not using TickStory, but the data of broker own.
Please, please share the information or remind Forex Traders if you find that he has the same issue.
It wasted my such much time. It doesn't make sense to waste the time of one more person.
  • #32
  • May 28, 2015 2:12am May 28, 2015 2:12am
I also found there is only 1 tick per bar for periods of M1, M5, M15 on EurUsd chart with TickStory back test. How can the report finally achieve 99.9% quality?
  • #33
  • Last Post: May 28, 2015 3:31am May 28, 2015 3:31am
Quoting sinqua
{quote} You are better off directly asking a pro such as Hanover or FerruFX for help, my opinion on this matter is, you need to rewrite the code from scratch. You should be more concerned with forward tests. The free version of an EA builder, such as fxdreema (google it) could also help you out depending on the complexity.
Dear Sinqua,

Thank you. Can Hanover and FerruFx help for free?
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