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TREND Following BASKET with Advanced Money Management

  • #21
  • Jan 11, 2016 3:01am Jan 11, 2016 3:01am
Hi Dave!
Which brooker have You used for optimizing?
Best wishes
  • #22
  • Jan 11, 2016 4:37am Jan 11, 2016 4:37am
Quoting Dave_C
(Help Guide available below for download) This system consists of 6 Expert Advisors and 1 indicator which monitors Account Equity. Each Expert Advisor can attach to any Currency Pair and Timeframe (60 min is recommended). The trend reversal Systems included are EMA, RSI, MACD, CCI and Bollinger Bands. Each EA includes advanced Money Management features including The ability to be run in Advisory, Discretionary or Automatic Trade modes. Fixed Wager or Wager based on Risk% Trailing Stop Loss Set Stop Loss to Break Even Increase of Wager after Losses...
Hi Dave ,
I downloaded EA files and opened its Excel file and not .ex or .mq4 files.
  • #23
  • Jan 11, 2016 4:51am Jan 11, 2016 4:51am
Quoting Elovv
Hi Dave! Which brooker have You used for optimizing? Best wishes
TradeDirect365
  • #24
  • Jan 11, 2016 4:55am Jan 11, 2016 4:55am
Quoting radadiya
{quote} Hi Dave , I downloaded EA files and opened its Excel file and not .ex or .mq4 files.
​I have no idea what you are saying. The zip file contains only mq4 and ex4 files. There is no Excel file.
  • #25
  • Edited 6:43am Jan 11, 2016 5:06am | Edited 6:43am
Quoting Dave_C
{quote} ​I have no idea what you are saying. The zip file contains only mq4 and ex4 files. There is no Excel file.
Sorry. I got it!!!

Please explain me about the use excel files in the 1st post USDJPY_1min_2015.zip , USDJPY_1min_2015.zip , USDCAD_1min_2015.zip , NZDUSD_1min_2015.zip , EURUSD_1min_2015.zip .
  • #26
  • Edited 2:41pm Jan 11, 2016 7:21am | Edited 2:41pm
​Do you get mismatched chart errors when backtesting. Here is a guide to clean up your data. The bad news is that you will have to delete any existing history files and reimport data

For 2015 Data see Post #1.
More complete data is available from http://www.forextester.com/data/datasources (skip the first line and column on data import options)

  1. Shut down MT4
  2. Turn off your internet (most important)
  3. If you do not how to locate the hidden History directory, Restart MT4.
  4. Delete the history data for the pairs that you intend to refresh. that is if you are cleaning EURUSD delete all the EURUSD.hst files. This directory can be located by Selecting File, Open Data Folder and selecting the History Directory.
  5. If MT4 has been restarted to locate the MT4 directory, after you have deleted the .hst files, shut down MT4
  6. Restart MT4
  7. Select Tools, History Center and double click on the required currency pair and select 1 minute time frame. The table should be empty.
  8. click on the import button.
  9. select the datafile (csv extension) to be imported. If importing multiple files, start with the earliest data.
  10. it may take 15 secs to load. If the file contents do not display in the table, click on Cancel and repeat the Tools etc. selection again.
  11. select the correct GMT shift for your broker
  12. click on the OK button
  13. click on the Close button
  14. select the 1 min chart for the currency pair being imported
  15. Use the script PeriodConverter to convert the 1 minute data to 5,15,30,60,240 and 1440 minute time frames. You will have to rerun the script each time and will be asked to cancel the previous script each time.
  16. by rechecking the History Center you will have a confirmation that the PeriodConverter has done its job.
  17. Turn off MT4
  18. Turn on the internet and restart MT4.
  19. MT4 will automatically add its own data to the end of the imported data and you will have eliminated the errors and should achieve 90% accuracy with no mismatched chart errors.

  • #27
  • Jan 11, 2016 7:23am Jan 11, 2016 7:23am
Quoting Dave_C
{quote} TradeDirect365
Hi Dave,
I installed on demo a/c of IC Markets. So far since last 10 hours no trades taken. Is it taking frequent trades or not frequently?
  • #28
  • Jan 11, 2016 7:30am Jan 11, 2016 7:30am
Quoting radadiya
{quote} Hi Dave, I installed on demo a/c of IC Markets. So far since last 10 hours no trades taken. Is it taking frequent trades or not frequently?
​Place the relevant indicator on the chart with settings matching the EA inputs and you will be able to visually identify the correct entry points.

Most important - Use a unique Magic Number for each chart.
  • #29
  • Edited 11:03pm Jan 11, 2016 12:38pm | Edited 11:03pm
Quoting radadiya
{quote} Sorry. I got it!!! Please explain me about the use excel files in the 1st post USDJPY_1min_2015.zip , USDJPY_1min_2015.zip , USDCAD_1min_2015.zip , NZDUSD_1min_2015.zip , EURUSD_1min_2015.zip .
The CSV Data files are used to import data into your MT4 program for backtesting purposes. Please refer to this site.
​
  • #30
  • Jan 12, 2016 1:10am Jan 12, 2016 1:10am
The first 3 MACD Crossover optimized sets
Attached File(s)
File Type: zip MACD_60_1015_1215_Sets1.zip   2 KB | 361 downloads
  • #31
  • Jan 12, 2016 1:20am Jan 12, 2016 1:20am
Quoting Dave_C
{quote} ​Place the relevant indicator on the chart with settings matching the EA inputs and you will be able to visually identify the correct entry points. Most important - Use a unique Magic Number for each chart.
Thank you! Its taking trades now.
The unique magic number for each chart is already there in your set files.
  • #32
  • Jan 12, 2016 2:16am Jan 12, 2016 2:16am
Quoting Dave_C
(Help Guide available below for download) This system consists of 6 Expert Advisors and 1 indicator which monitors.........
Thank you so much for sharing Dave!

  • #33
  • Edited 3:33pm Jan 12, 2016 3:34am | Edited 3:33pm
Quoting radadiya
{quote} Thank you! Its taking trades now. The unique magic number for each chart is already there in your set files.
It might be there but you need to be very aware that a different number is required on each different chart.
  • #34
  • Jan 12, 2016 5:05am Jan 12, 2016 5:05am
​Please click on my name if you think my concept is too simple.

I have been around for a long time and I understand complexity. This is KISS and you need to be totally aware about money management rather than fancy combinations of indicators.
  • #35
  • Jan 12, 2016 12:54pm Jan 12, 2016 12:54pm
Thank you so much for sharing and teaching Dave!
  • #36
  • Jan 12, 2016 3:38pm Jan 12, 2016 3:38pm
CCI setfiles have Set SL to BE=1 pip must be wrong
  • #37
  • Jan 12, 2016 3:43pm Jan 12, 2016 3:43pm
Quoting Elovv
CCI setfiles have Set SL to BE=1 pip must be wrong
Yes, you are correct and I am in the process of redoing these set files.

Please do not use the CCI set files at Post #3
  • #38
  • Edited Jan 13, 2016 1:00am Jan 12, 2016 4:47pm | Edited Jan 13, 2016 1:00am
Enclosed is my RSI trading setup running on a VPS. All the RSI set files are enclosed. One point to note is that all the RSI values are 14 periods, high Level 70, low Level 30 but all the money management variables are optimized. You will see the optimization values if you load the set files into Strategy Tester.

The fact that the RSI periods, high and low levels were not optimized was purely a time constraint issue. At the moment it takes about 2 hours per pair (14 hours total) to optimize using the every tick model but if I was to include the period and top and bottom levels, it would take about 8 hours per pair (56 hours in total)
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-01-12 22_38_29-.jpg Size: 463 KB
Attached File(s)
File Type: zip RSI_Sets.zip   6 KB | 352 downloads
  • #39
  • Jan 12, 2016 5:51pm Jan 12, 2016 5:51pm
As you must appreciate, I spend quite a deal of time on support and am finding lately that the skill set of proposed users does not match the level of knowledge required to sucessfully manage the EA.

I am of course happy to answer specific questions but not general training in automatic Forex trading.

For general Forex education, I would suggest http://babypips.com
  • #40
  • Edited Jan 13, 2016 12:03am Jan 12, 2016 8:47pm | Edited Jan 13, 2016 12:03am
​First 3 CCI optimizations redone. Refer Post #37 above.

I might add that the CCI optimizations are amongst the most promising I have seen in recent times. Try them for yourself with the 2015 data at Post #1.

CCICrossEA EURUSD 60 mins - 1/10/2015 - 31/12/2015 - Using every tick model.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2016-01-13 13_25_21-667118_ FinsaPty-LiveBravo.jpg Size: 141 KB
Click to Enlarge Name: 2016-01-13 13_25_54-667118_ FinsaPty-LiveBravo.jpg Size: 101 KB
Attached File(s)
File Type: zip CCI_60_1015_1215_Sets1.zip   4 KB | 384 downloads
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