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EOD -1 day hold

  • #121
  • Jan 29, 2009 7:28am Jan 29, 2009 7:28am
It's only been two days, and that's definitely not long enough to have a fair test, but the "take every valid pullback - not only the first one" idea I have been trying is getting off to a rough start. Lots of losing trades.

I'll still keep demo testing it that way for at least a week, maybe two if it looks promising. If not then I'll abandon that idea and go with the original and be more patient.

Thanks for sharing the 1 day hold system Paulus.
  • #122
  • Jan 29, 2009 12:49pm Jan 29, 2009 12:49pm
Quoting PistolDave
It's only been two days, and that's definitely not long enough to have a fair test, but the "take every valid pullback - not only the first one" idea I have been trying is getting off to a rough start. Lots of losing trades.

I'll still keep demo testing it that way for at least a week, maybe two if it looks promising. If not then I'll abandon that idea and go with the original and be more patient.

Thanks for sharing the 1 day hold system Paulus.
I couldn't agree with you more dave, it's been a rough few days. We'll give it some time eh and go from there?
  • #123
  • Mar 7, 2009 11:48am Mar 7, 2009 11:48am
I see there have been no posts since end Jan. Is it performing well so far?
  • #124
  • Mar 10, 2009 9:23am Mar 10, 2009 9:23am
I have lose a lot money in forex market ................Anyone can code me EOD method in fix lot 0.01 and max lot in 1.i have found EOD-EA EL-CHOCO but like keep trade and keep up lot size wherever i don know about ea and modify .This really a good method so far i seen ............REALLY NEED HELP WITH A THOUSAND THANK WHO HELP.

sorry for bad english........




yours sincely,

pipsrobber
(ea idiot)
  • #125
  • Sep 27, 2015 7:54pm Sep 27, 2015 7:54pm
Anyone know how to make V-TBv6 indicator to stop repaint? IE so it's like the backtest with UseNew to true??
  • #126
  • Sep 28, 2015 2:26am Sep 28, 2015 2:26am
Quoting Lowkey
Anyone know how to make V-TBv6 indicator to stop repaint? IE so it's like the backtest with UseNew to true??
Hey,

cant you see that this is 2008/09 thread and why did you bump it? common...

you should read before posting..
  • #127
  • Jan 1, 2016 6:28pm Jan 1, 2016 6:28pm
Quoting Paulus
Hi Law The system is simple and works on a similar principle to the eod atr system Identify a potential trend and identify a potential retracement for entry. Im not a great fan of ADX but tried one that was sent to me which plotted signal arrows unfortunately it repainted butTodd then kindly posted a none paint version after testing the old one ...so we now have a none repaint ADX indicator that plots arrows for potential long and short areas. I now have the indicator I need to show me a potential new trend,I then wanted to enter on a retracemnet...



Hi Guys.

I have been trading this system now for 3 months, every day since October 5. I have all the results attached...

However I have tweaked it a little. I only use the ADX nonrepaint indicator and I trade every opposite candle until the new arrow shows up. (This was suggested earlier in the thread). So not just the first opposite candle but every opposite candle until a new ADX arrow shows up. On the daily candles where an arrow shows up I still trade it if it is an opposite colour from the previous ADX arrow. If the new arrow is on the opposite colour candle then I trade it on that day like the original rules.

All trades were on a demo $10,000.00 account and were 0.1 position size trades.

(Note all detailed results, trade by trade and pair by pair, are in the attached files)

The total profit/loss for each month is as follows;

OCTOBER $2522.00

NOVEMBER $(1935.00)

DECEMBER $6986.00

Because December is slow I want to also demo January then see where we are as far as going live with it.

Enjoy, Chris

TOTAL PROFIT/LOSS $7573.00
Attached Image (click to enlarge)
Click to Enlarge Name: DetailedStatement.gif Size: 7 KB
Attached File(s)
File Type: pdf December.pdf   808 KB | 431 downloads
File Type: pdf November.pdf   786 KB | 385 downloads
File Type: pdf October.pdf   783 KB | 364 downloads
  • #128
  • Jan 4, 2016 8:45pm Jan 4, 2016 8:45pm
Hi Joe
All I am using on a daily chart is the "ADX nonrepaint" indicator from EOD thread and change up candles to blue and down candles to red.

I will post a chart with examples on the thread. Also I use all pairs with EUR GBP AUD USD JPY NZD CHF CAD and GOLD.

So 29 pairs total.

Chris

Attached Image (click to enlarge)
Click to Enlarge Name: EOD example daily chart.jpg Size: 125 KB
  • #129
  • Jan 5, 2016 5:00pm Jan 5, 2016 5:00pm
To answer a few questions I offer the following;

No stoploss/takeprofit we close after the daily candle and reset if required.

Yes once we get an arrow we buy/sell all the opposite color candles until a different color arrow shows up. If we were buying on the close of down (red) candles because the last arrow was blue and todays candle closed red but had a new red arrow...we still trade that red candle (buy) and then start looking for up (blue) candles to trade (sell). The only time that is not the case is if the red candle has a new blue arrow then we immediately start buying on that red candle and all subsequent red candles until a red arrow shows up.
  • #130
  • Jan 29, 2016 4:51pm Jan 29, 2016 4:51pm
Hi all
Here are the results for January and also including Oct. Nov. and Dec. again.
Each month has a hand written page of every traded pair with every trade taken for that month and also a small summary at the bottom of page.
Attached File(s)
File Type: pdf October.pdf   783 KB | 418 downloads

Attached File(s)
File Type: pdf November.pdf   786 KB | 399 downloads

Attached File(s)
File Type: pdf December.pdf   808 KB | 294 downloads

Attached File(s)
File Type: pdf January.pdf   883 KB | 462 downloads


Here is the graph
Attached Image (click to enlarge)
Click to Enlarge Name: graph.jpg Size: 34 KB


Finally here is an excel report of each pairs monthly result and each months result and a final result for all 4 months.
Attached File(s)
File Type: xlsx ADX results.xlsx   11 KB | 469 downloads


I am going to take this live in February and see how it goes...stay tuned.

Chris
  • #131
  • Jan 29, 2016 5:47pm Jan 29, 2016 5:47pm
Just to add something to the above information I have made a spreadsheet of each pair detailing if it was profitable for 1, 2, 3 or 4 of the months.

NN=only positive 1 month
N= positive 2 months
Y= positive 3 months
YY= positive all four months.

Not sure if one could only trade the Y and YY and maybe N pairs because not sure if that would change results going forward. Any thoughts would be welcome.

Attached File(s)
File Type: xlsx Pairs by strength.xlsx   10 KB | 464 downloads
  • #132
  • Jan 30, 2016 5:16am Jan 30, 2016 5:16am
why the heck should i hold a trade for one day in a trending market ?
  • #133
  • Jan 30, 2016 5:19am Jan 30, 2016 5:19am
Quoting cfudge
Just to add something to the above information I have made a spreadsheet of each pair detailing if it was profitable for 1, 2, 3 or 4 of the months. NN=only positive 1 month N= positive 2 months Y= positive 3 months YY= positive all four months. Not sure if one could only trade the Y and YY and maybe N pairs because not sure if that would change results going forward. Any thoughts would be welcome. {file}
Interesting chris , keep us posted.
Just to confirm this is Paulus idea that was started back in 2008 ?
Thanks garbucci
  • #134
  • Jan 30, 2016 6:26am Jan 30, 2016 6:26am
whats the maximum DD that you have experienced so far?
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #135
  • Jan 30, 2016 6:32am Jan 30, 2016 6:32am
Quoting cfudge
Hi all Here are the results for January and also including Oct. Nov. and Dec. again. Each month has a hand written page of every traded pair with every trade taken for that month and also a small summary at the bottom of page. {image} {image} {image} {image} Here is the graph {image} Finally here is an excel report of each pairs monthly result and each months result and a final result for all 4 months. {file} I am going to take this live in February and see how it goes...stay tuned. Chris
January was a loosing month?
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #136
  • Edited 11:59am Jan 30, 2016 11:25am | Edited 11:59am
One reason I think December was so good was because of low volatility. I think the edge for this system is consolidated markets...when you get a series of opposite candles in your favour. One drawback is when a market turns you get several candles that go against you but I think it evens out and puts you ahead overall. Sort of 1 step back and 1 1/2 steps forward.

January started out with a shit kicking and I had a -$2000.00 day but with the rest of the month and a few days over $1000.00 it almost worked itself into profit. So not great but still not a failure

I really think February will tell the tale as we settle in after Christmas break.

@ericnyamu; I have wondered how it would be possible (without a shit load of indicators) to continue trading or leaving a trade open when we get a nice run of red/blue candles in our favour. A suggestion might be if you set two trades on the first tradable candle with a comfortable stop for one of the trades and after a successful close of the trade without a stop you let the other trade run and maybe even set stop to break even. I think this scenario would only be justified if you could determine it was a new arrow at a turn of the market and not a time of just consolidation so there must be some candles and space between the new arrow and the last one. Just a thought...

I have traded this for four months without changing anything to get a true result. One thing I have started is checking the profit/loss more regularly and if I see profit of $600.00 or more I am inclined to close all trades. Last thursday with the BOJ news I noticed that I was in a loss for $1000.00 and kept a close eye on it and when things calmed down and it dropped back down (as it usually does) I decided to cut my losses, fearing that the JPY pairs would sneak back up during the day again, closed for $300.00 loss. It was the right thing to do. So this is not a static set and forget there is a nuance to it and each trader will have their own limits...

Chris
  • #137
  • Jan 30, 2016 12:31pm Jan 30, 2016 12:31pm
could use a stochastic cross , for exit something reactive like a 14 3 3. And if you want to hold for longer moves, use a gann Hilo activator, it can follow trends for a long time.
  • #138
  • Jan 30, 2016 11:22pm Jan 30, 2016 11:22pm
First time here, like what I see and read. I may have something to help later but I want to test out everything first.

Trade Well
  • #139
  • Edited 12:38am Feb 4, 2016 12:21am | Edited 12:38am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 503 KB


I have been interested in the WEEKLY TIME FRAME to use this system on BINARY OPTIONS. My chart is showing a double up arrow at this time. I am long at the price of the yellow horizontal line. Vertical line shows the bar where I entered. I am assuming in advance the down bar yet to come and a final up bar to end the trade on 2/19/16 @10:00 AM PST my time. Look at the other up arrows when triggered and note how many bars up from there each time. My risk is $25.00 and my reward should be around $47.00+. We will see.
CORRECTION: The vertical yellow line is the ending week of the trade. Must close above the horizontal line on that vertical line.

I am also long on my platform at this time.
  • #140
  • Edited 11:19pm Feb 8, 2016 11:08pm | Edited 11:19pm
Dear Paulus,

Thank you, thank you, thank you, for a great system. It is 8:55 PST and I have 17 open positions at this moment totaling $75.00 and climbing again this evening. At one point it went as high as $93.00 then pulled back. I am only trading .01 cent / pip but I wanted to trade a basket of currencies with limited money in a live account.
This is in a demo account because I wanted to test things out before going live. Almost all my positions have tight stops in place so I know I will get a decent amount of this run. Best of all is it does not look like it is finished yet. Still got Tokyo, London and NY sessions to go yet.

Trade Well

P.S. Is there a version of ADXNONREPAINT with a pop up alert? It would sure help when trading 27 pairs.
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