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Attachments: Need4Speed Scalping
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Need4Speed Scalping

  • #601
  • Jun 16, 2015 6:53pm Jun 16, 2015 6:53pm
Wife: Baby what is that?!
Husband: Its a Martingale gone wrong, they should have stuck with Grid.
Attached Image (click to enlarge)
Click to Enlarge Name: watching.jpg Size: 150 KB
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #602
  • Jun 17, 2015 2:05am Jun 17, 2015 2:05am
Hi, Khalil !
Thank you for the great job. One question
N4S Turbo witn default settings opened only 2 trades at last 10 days (on my demo account)
What settings are you used? If settings not default, please, post .txt file
  • #603
  • Jun 18, 2015 4:20am Jun 18, 2015 4:20am
Quoting Soros
Wife: Baby what is that?! Husband: Its a Martingale gone wrong, they should have stuck with Grid. {image}
Indeed, they should have stuck to the system.

So, what went wrong ?
No guts, no glory
  • #604
  • Jun 18, 2015 4:50am Jun 18, 2015 4:50am
This is an example of what wen wrong:

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 93 KB
No guts, no glory
  • #605
  • Jun 18, 2015 4:56am Jun 18, 2015 4:56am
During the coming days, I'll be working on a reliable exit system.
Although I am still in favor of manual driving mode, I realize that mistakes can be minimized by automation.

I'll continue playing with these 2 accounts (on TE).
Once a fully auto system is in place, I will run for a month and see how it goes.
No guts, no glory
  • #606
  • Jun 18, 2015 6:04am Jun 18, 2015 6:04am
Quoting abokwaik
During the coming days, I'll be working on a reliable exit system. Although I am still in favor of manual driving mode, I realize that mistakes can be minimized by automation. I'll continue playing with these 2 accounts (on TE). Once a fully auto system is in place, I will run for a month and see how it goes.
Hi abokwaik,

Make I ask how did you open position please? By EA or manual?
In my experience of the past week, both N4S_5 and N4S_turbo works fine with manual interaction.
However, say
EA SELL E/U at 1.1300, TP hit at 1.1250 (or manual close), and experting a ranging or reversal,
both N5 and N_turbo keep open sell position at lowest point.
How did you deal with this situation?

Is that possible to consider this in your new version?

Cheers,
  • #607
  • Jun 18, 2015 6:16am Jun 18, 2015 6:16am
Quoting abokwaik
This is an example of what wen wrong: {image}
just my 2cents: Fully Automate the system, Dollar Cost Averaging For Exists Using the ATR and ADR to calculate grid spacing... theres an edge on your system
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #608
  • Jun 18, 2015 6:32am Jun 18, 2015 6:32am
Quoting phil_P
{quote} Hi abokwaik, Make I ask how did you open position please? By EA or manual? In my experience of the past week, both N4S_5 and N4S_turbo works fine with manual interaction. However, say EA SELL E/U at 1.1300, TP hit at 1.1250 (or manual close), and experting a ranging or reversal, both N5 and N_turbo keep open sell position at lowest point. How did you deal with this situation? Is that possible to consider this in your new version? Cheers,
As for the first question, position open manual guided by the N4S signals.
What happens, as illustrated in the above chart example, your 1st position (2nd & 3rd) are according to the system, and then comes a confirmation of change, when your 3 opened positions are in loss, and you're tempted to averaging ... which proved its failure on both accounts, and surprisingly at similar profit%.
No guts, no glory
  • #609
  • Jun 18, 2015 6:34am Jun 18, 2015 6:34am
I will try to test this auto scenario on the side:

1- take every signal, buy, or sell, No SL and No TP.
2- position size is relative to impulse size.
3- close all positions at : (a) pre-set equity profit.loss (b) end of day.
No guts, no glory
  • #610
  • Jun 18, 2015 7:59am Jun 18, 2015 7:59am
Quoting abokwaik
{quote} As for the first question, position open manual guided by the N4S signals. What happens, as illustrated in the above chart example, your 1st position (2nd & 3rd) are according to the system, and then comes a confirmation of change, when your 3 opened positions are in loss, and you're tempted to averaging ... which proved its failure on both accounts, and surprisingly at similar profit%.
Thanks for your explain.
  • #611
  • Jun 18, 2015 8:33am Jun 18, 2015 8:33am
Quoting abokwaik
I will try to test this auto scenario on the side: 1- take every signal, buy, or sell, No SL and No TP. 2- position size is relative to impulse size. 3- close all positions at : (a) pre-set equity profit.loss (b) end of day.

fantastic, im glad i had an input to that!! im also thinking you fully automate the proccess so we can help you test the best settings, eg. we all do different tp settings for optimal settings, because doing this alone will take you a very very long time, youre basicaly leveraging the forum. you achieve success quicker that way
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #612
  • Jun 19, 2015 7:12pm Jun 19, 2015 7:12pm
Does anyone trade in xuausd and want to share his/her settings?
  • #613
  • Jun 20, 2015 12:42pm Jun 20, 2015 12:42pm
Quoting smika
Does anyone trade in xuausd and want to share his/her settings?
Hi smika, so far I was trading xuausd ( Gold ) using 30 pps. Manual entry/exit using the signals. some trades were entered/exited blindly using smart phone ( without seeing the signals ). So nothing totally mechanical yet.
No guts, no glory
  • #614
  • Jun 20, 2015 12:52pm Jun 20, 2015 12:52pm
Thanks for your answer. I will test this full automaticly next week and will show the result next friday/saturday on this forum. I only use the normal version (the turbo version I will use in the future).

Smika
  • #615
  • Jun 23, 2015 10:39am Jun 23, 2015 10:39am
Hi abokwaik,

Once again, I'm impressed by yr idea and work done!! Great job!

Would you be sharing version 05 of the source code? I was wondering if it's possible to combine the EA all into one so that there is no need to run it on multiple charts.
  • #616
  • Jun 23, 2015 1:53pm Jun 23, 2015 1:53pm
Quoting fanatics
Hi abokwaik, Once again, I'm impressed by yr idea and work done!! Great job! Would you be sharing version 05 of the source code? I was wondering if it's possible to combine the EA all into one so that there is no need to run it on multiple charts.
Do you mean multiple pairs in one EA ?
No guts, no glory
  • #617
  • Jun 23, 2015 2:25pm Jun 23, 2015 2:25pm
This is the MQL Source file for N4S_05 Robot.
Attached File(s)
File Type: mq4 N4S_05.mq4   28 KB | 2,104 downloads
No guts, no glory
  • #618
  • Jun 23, 2015 2:27pm Jun 23, 2015 2:27pm
I will delete the current experimental TEs, and create one new demo and one live TE that will trade completely in auto mode.
No guts, no glory
  • #619
  • Jun 23, 2015 7:02pm Jun 23, 2015 7:02pm
Quoting abokwaik
{quote} Do you mean multiple pairs in one EA ?
Yes that's what I meant.Thanks for the source code. Am excited to know you are going live. Are you still using the same set file you posted several pages ago? Can I suggest a value for the max speed? Maybe we could consider using average atr value of M1 for say the last 480 bars. In this way, it would adjust dynamically to the market conditions automatically.
  • #620
  • Jun 23, 2015 7:35pm Jun 23, 2015 7:35pm
Quoting fanatics
{quote} Yes that's what I meant.Thanks for the source code. Am excited to know you are going live. Are you still using the same set file you posted several pages ago? Can I suggest a value for the max speed? Maybe we could consider using average atr value of M1 for say the last 480 bars. In this way, it would adjust dynamically to the market conditions automatically.
I will be doing some back testing using the histogram indicator to find best settings for major pairs. Then run it on demo for a week or so ,before going live.
No guts, no glory
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