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A Proven Simple Strategy (2MAs, 1 RSI)

  • #261
  • Feb 7, 2016 1:29pm Feb 7, 2016 1:29pm
On daily tf the only good one is usdjpy
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  • #262
  • Feb 7, 2016 1:55pm Feb 7, 2016 1:55pm
Quoting sylbolid
On daily tf the only good one is usdjpy {image} {image} {image} {image}
Model quality, time span??
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #263
  • Feb 7, 2016 1:58pm Feb 7, 2016 1:58pm
Quoting Shemski
{quote} Model quality, time span??
Model quality: point of control (since we open and close the trade at the close of the bar, i don't think would be differ from "every tick".
Time span... what do you mean?
  • #264
  • Feb 7, 2016 2:04pm Feb 7, 2016 2:04pm
Quoting sylbolid
{quote} Model quality: point of control (since we open and close the trade at the close of the bar, i don't think would be differ from "every tick". Time span... what do you mean?
Just post the complete strategy report rather than screenshots of the MT4's graph.
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #265
  • Feb 7, 2016 2:35pm Feb 7, 2016 2:35pm
Quoting Sharkoon
{quote} i just did a backtest with same settings and "only" got this result. Is there really such a big difference between 90% and 99% modeling quality? {image}
yes its make big different, even just 0.9% its make different,
and watch your data spread, my data conversion for alpari that have average spread 1.4 pips, lowest under 1 pips
Joining The 10%
  • #266
  • Feb 7, 2016 2:41pm Feb 7, 2016 2:41pm
Quoting Shemski
{quote} Just post the complete strategy report rather than screenshots of the MT4's graph.
The test was made with a start of 400 euro, trading with 0,01 lot. I didn't save the report, the graph speak very well.
  • #267
  • Feb 7, 2016 3:35pm Feb 7, 2016 3:35pm
Quoting sylbolid
{quote} The test was made with a start of 400 euro, trading with 0,01 lot. I didn't save the report, the graph speak very well.

I see 60-80 trades but those trades couldbe over a time span of 12 years or 12 hours. That is what I mean by time span and by model quality, imean tick data quality.
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #268
  • Feb 7, 2016 3:43pm Feb 7, 2016 3:43pm
Quoting Shemski
{quote} I see 60-80 trades but those trades couldbe over a time span of 12 years or 12 hours. That is what I mean by time span and by model quality, imean tick data quality.
From 2010 until today, model quality is "point of control, not the very accuraty tick data".
  • #269
  • Feb 8, 2016 2:36am Feb 8, 2016 2:36am
Looking at the charts, the rational of this strategy seems odd. You are betting on price going away from the long MA.
Why not try this:
buy when price below slow MA and RSI <x (e.g 5) (close when RSI >y (e.g. 80))
sell when price above slow MA and RSI >a (e.g. 95) (close when RSI <b (e.g. 20))
If you look at the charts, it seems to work...

It would require another EA since this one buys when price is above long MA.
Just something to think about.
I'm sorry if this is off-topic (if someone knows such an EA, please post the link, thx)
  • #270
  • Feb 8, 2016 3:16am Feb 8, 2016 3:16am
Hi Abokwaik,

I have some problem with EA on live account. It doesn't open trade on Friday and I found in log message about problem with lot size. I have 2% in setting, with 0.0 fixed lot size. Strange is that in backtest it works but in live forward no..

Do you have some idea why?

I use version of EA without time filter..

Thanks
Attached Image
  • #271
  • Feb 8, 2016 3:29am Feb 8, 2016 3:29am
Quoting Xman43
Looking at the charts, the rational of this strategy seems odd. You are betting on price going away from the long MA. Why not try this: buy when price below slow MA and RSI <x (e.g 5) (close when RSI >y (e.g. 80)) sell when price above slow MA and RSI >a (e.g. 95) (close when RSI <b (e.g. 20)) If you look at the charts, it seems to work... It would require another EA since this one buys when price is above long MA. Just something to think about. I'm sorry if this is off-topic (if someone knows such an EA, please post the link, thx)

Hi Xman,

The logic of this strategy is the following:

1) Trade with trend (Slow MA)
2) Locate drawbacks (Price between slow and fast MA)
3) Locate over bought/sold markets with RSI
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #272
  • Feb 8, 2016 1:41pm Feb 8, 2016 1:41pm
Quoting Shemski
{quote} Hi Xman, The logic of this strategy is the following: 1) Trade with trend (Slow MA) 2) Locate drawbacks (Price between slow and fast MA) 3) Locate over bought/sold markets with RSI
Thanks Shemski, I get it now (I made the stupid assumption that price tends to revert to the mean, when in fact it's the mean that follows the price).
So, in essence it makes sense, we just need to have a better risk/return%.
The TP at the cross or close of the fast MA is usually only a few pips away since the price is never far away from a 5MA. So profits are small. While losses, when using the slow MA may be bigger.
Maybe we don't even need the fast MA. When price is above the slow and RSI plunges, we go long.
So maybe we can test a fixed TP/SL (1:1 ; 1,5:1 or 2:1 ratio). 15/10pips, 20/10, 30/15....?
Any suggestions from anyone? I'm willing to forward test based on 'promising' backtest results.
  • #273
  • Feb 8, 2016 7:22pm Feb 8, 2016 7:22pm
Impressive for a diversified strategy.

Would like to test the longest back-test possible. Preferably 30 years.

Not sure how to do this yet, but would also, like to test this on as many unrelated currency pairs as possible on the same account at the same time...To diversify.
  • #274
  • Feb 9, 2016 11:56am Feb 9, 2016 11:56am
Quoting Foranpower
Impressive for a diversified strategy. Would like to test the longest back-test possible. Preferably 30 years. Not sure how to do this yet, but would also, like to test this on as many unrelated currency pairs as possible on the same account at the same time...To diversify.
not need more than 6 months to test,why you want test 30 years,for fun?
  • #275
  • Feb 10, 2016 1:23am Feb 10, 2016 1:23am
I M STILL USING V.1 OF THIS EA ON FORWARD TESTING SINCE 26TH January On demo .
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  • #276
  • Feb 10, 2016 1:29am Feb 10, 2016 1:29am
Nice, Looks good.


Do you leave the EA running 24/7?
Which pairs are you trading?
Do you mind showing us your Set file?
  • #277
  • Feb 10, 2016 1:39am Feb 10, 2016 1:39am
Quoting SpencerBizze
Nice, Looks good. Do you leave the EA running 24/7? Which pairs are you trading? Do you mind showing us your Set file?
yes 24/7
pls see below attachment for pairs what i trade
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  • #278
  • Feb 10, 2016 2:40am Feb 10, 2016 2:40am
Quoting supa88
{quote} yes 24/7 pls see below attachment for pairs what i trade {image}
Hi.. Seriously testing.
What are your thoughts on EA ?
Working,to be the best !
  • #279
  • Feb 10, 2016 2:53am Feb 10, 2016 2:53am
Quoting Saygin-TR
{quote} Hi.. Seriously testing. What are your thoughts on EA ?
yes seriously .why are you asking that way ??
  • #280
  • Feb 10, 2016 3:14am Feb 10, 2016 3:14am
great trading, have now set up a similar demo using latest version 4.1



Quoting supa88
I M STILL USING V.1 OF THIS EA ON FORWARD TESTING SINCE 26TH January On demo . {image}
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