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A Proven Simple Strategy (2MAs, 1 RSI)

  • #321
  • Feb 13, 2016 11:54am Feb 13, 2016 11:54am
Quoting Sis.yphus
{quote} Finally some one else gets that just because you not using a fixed SL does not mean there is no SL... Also I do not recommend opening so many orders(more than 3) unless you entries are less likely to occur(will post more on this in a bit with some pics). Im glad to see people realizing that some of the simplest systems can provide a very nice edge. No fancy indicators, no black box code, etc. Just what the "evil" broker gives you.
Yea 3 orders is a good option too.
And still the last 3-rd order, if is twice much more than previous 2 will have max profit, if deal is on profit and less loss, if go against you.
And, if there is filter for minimum pips distance between orders will be good too.
  • #322
  • Feb 13, 2016 12:45pm Feb 13, 2016 12:45pm
Quoting bigbadwolf74
Hi Antonio, Would you mind taking a screen shot of your settings. The reason I ask is because I tried to replicate your last few results (backtest), but am unable to get the same results. I downloaded the zip file from post 284, but am obviously doing something wrong. Thank you. Regards The Wolf
Hi wolf, Now i'm out for weekend an i can't send the picture of the settings, but are the same like supa, exactly the same.I put it in a demo acount and the result is good for the moment.The stop and profit is the moving average.I hope i help you.Chers
  • #323
  • Feb 13, 2016 2:21pm Feb 13, 2016 2:21pm
Quoting Sis.yphus
{quote} This is why I did not want to post fancy charts exploding with results using high leverage and why I still do not put charts like that in the original post. I had to though as no one took it seriously. Reduce your leverage dude. Trading a system like this, unless you are using a tiny account that are okay blowing, Id recommend risking 1% every 100 pips price runs against you. So if you have $1000.00, you would trade .01 lots per entry. Slow safe money means low risk, and you will need a bigger balance to start making real money from it....
I hear you about money management, I started with 1 lot per $10,000, 2nd trade was 2nd lot i guess....it is not that bad leverage

Here it is with 0.6 lot per $10,000...look in the middle drop 30% of the account
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 29 KB
  • #324
  • Feb 13, 2016 2:43pm Feb 13, 2016 2:43pm
Quoting driven18
{quote} I hear you about money management, I started with 1 lot per $10,000, 2nd trade was 2nd lot i guess....it is not that bad leverage Here it is with 0.6 lot per $10,000...look in the middle drop 30% of the account {image}
You are using 6 times more leverage than I said... Reduce it to The proper amount I recommended and that loss would be less than 5%.
  • #325
  • Edited 3:15pm Feb 13, 2016 2:58pm | Edited 3:15pm
Quoting Sis.yphus
{quote} You are using 6 times more leverage than I said... Reduce it to The proper amount I recommended and that loss would be less than 5%.
and then you will be 120(hopefully healthy also) years old to make few bucks....

I do not think 0.5 lot per trade per $10,000 is too much, but you get 30% drop on the account on 2 trades


Here is the performance of the Suppa and actually best setting that worked great in 2015, during 2011 - 2013(3 years)at 0.5 lots per $10000...unfortunately waste of 3 years
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 181 KB
  • #326
  • Feb 13, 2016 7:19pm Feb 13, 2016 7:19pm
Quoting driven18
{quote} and then you will be 120(hopefully healthy also) years old to make few bucks.... I do not think 0.5 lot per trade per $10,000 is too much, but you get 30% drop on the account on 2 trades Here is the performance of the Suppa and actually best setting that worked great in 2015, during 2011 - 2013(3 years)at 0.5 lots per $10000...unfortunately waste of 3 years {image}

This is also an example of why you need to trade it on many pairs. Instead of trading 1 pair at .6 lots, trade 6 pairs at .1 lot.


its a fact most system will not work in all markets all the time. Again why you need to diversify. While you focused on one pair for 3 years that was flat, many other pairs out performed it during the same period. If you traded all of them you would have ended up with a nice smooth equity curve.
  • #327
  • Feb 13, 2016 7:44pm Feb 13, 2016 7:44pm
Quoting Sis.yphus
{quote} This is also an example of why you need to trade it on many pairs. Instead of trading 1 pair at .6 lots, trade 6 pairs at .1 lot. its a fact most system will not work in all markets all the time. Again why you need to diversify. While you focused on one pair for 3 years that was flat, many other pairs out performed it during the same period. If you traded all of them you would have ended up with a nice smooth equity curve.

Good Point....can you show/attach the nice smooth equity curve during those 3 years?
  • #328
  • Feb 13, 2016 9:53pm Feb 13, 2016 9:53pm
Quoting driven18
{quote} Good Point....can you show/attach the nice smooth equity curve during those 3 years?
combine the results of the charts on the first post and there you go. 7 currency pairs all including 2011-2013. Non compounding the results are great. Compound them they are even better. Add more pairs to the basket and it gets better.
  • #329
  • Feb 14, 2016 4:29am Feb 14, 2016 4:29am
There are good results with some pairs, but sometimes, when you use more than 1 max open orders, the system open almost on the same price 2, 3 or 4 orders, so we need that option too in the system - the next open order should be not less than certain pips distance from previous one, depend from the time frame.
  • #330
  • Feb 14, 2016 5:20am Feb 14, 2016 5:20am
Hello Abo,
I think there is a bug:
The EA opened 3 ordered on EURGBP but it closed only 2 of them.
See chart.
Any idea why?

Tx
S
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 150 KB
  • #331
  • Feb 14, 2016 9:09am Feb 14, 2016 9:09am
Quoting sbenichou1
Hello Abo, I think there is a bug: The EA opened 3 ordered on EURGBP but it closed only 2 of them. See chart. Any idea why? Tx S {image}
Hi,

I tried it, and it close all 3 trades.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH1.png Size: 68 KB


Did you receive any errors in the journal or expert tabs ?
No guts, no glory
  • #332
  • Feb 14, 2016 9:31am Feb 14, 2016 9:31am
Quoting vera
There are good results with some pairs, but sometimes, when you use more than 1 max open orders, the system open almost on the same price 2, 3 or 4 orders, so we need that option too in the system - the next open order should be not less than certain pips distance from previous one, depend from the time frame.
Good observation.
  • #333
  • Feb 14, 2016 10:24am Feb 14, 2016 10:24am
EURUSD 30 minutes tf, unusual setup, but since 2012 works great. Anyway 200% profit in three years is very low profit. But if you see the drawndown, it is not big, i think we can use many different charts, each one with the EA with proper setting, in this case we will have good result in terms of percentage and low risk...?

By mistake i wrote 30min instead of 1hr. This setting is for EURUSD 1HR TF.
Attached File(s)
File Type: rar EURUSD - 30min.rar   7 KB | 382 downloads
  • #334
  • Feb 14, 2016 10:29am Feb 14, 2016 10:29am
Quoting abokwaik
{quote} Hi, I tried it, and it close all 3 trades. {image} Did you receive any errors in the journal or expert tabs ?
No error in the logs
just 2 order closeed instead of 3.

10:00:02.269 '70990994': close order #91087720 buy 0.52 EURGBP at 0.77753 sl: 0.76753 tp: 0.00000 at price 0.77890
0 10:00:02.332 '70990994': order #91087720 buy 0.52 EURGBP at 0.77753 sl: 0.76753 tp: 0.00000 closed at price 0.77890
0 10:00:02.347 '70990994': close order #91090264 buy 0.52 EURGBP at 0.77682 sl: 0.76680 tp: 0.00000 at price 0.77890
0 10:00:02.441 '70990994': order #91090264 buy 0.52 EURGBP at 0.77682 sl: 0.76680 tp: 0.00000 closed at price 0.77897
  • #335
  • Feb 14, 2016 11:10am Feb 14, 2016 11:10am
Quoting AntonioLegaz
{quote} Hi wolf, Now i'm out for weekend an i can't send the picture of the settings, but are the same like supa, exactly the same.I put it in a demo acount and the result is good for the moment.The stop and profit is the moving average.I hope i help you.Chers
No problem Antonio, If you get a chance on Monday, maybe then?Thanks Regards Wolf
  • #336
  • Feb 14, 2016 5:10pm Feb 14, 2016 5:10pm
[Quote = bigbadwolf74; 8752954] {quote} No hay problema Antonio, Si tienes la oportunidad el lunes, tal vez entonces Gracias Saludos Wolf [/ quote]

Hi Wolf,

Attached picture is the same configuration as Supa.
Let's see how it goes this week, I hope good.
Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: Supa 3.PNG Size: 140 KB
  • #337
  • Feb 15, 2016 3:58am Feb 15, 2016 3:58am
Quoting AntonioLegaz
[Quote = bigbadwolf74; 8752954] {quote} No hay problema Antonio, Si tienes la oportunidad el lunes, tal vez entonces Gracias Saludos Wolf [/ quote] Hi Wolf, Attached picture is the same configuration as Supa. Let's see how it goes this week, I hope good. Cheers {image}
follow you ,master
  • #338
  • Feb 15, 2016 6:35am Feb 15, 2016 6:35am
Quoting wanghaiyang
{quote} follow you ,master
Hello Wang ,
who will , I am no master , hopefully .

I think this system works best TRUE validating the option " Stop on opposite slow MA " as said before other contributors.
There are currently two open trades evil that had been cut with this small change (EURUSD and EURAUD) .
I think do not greatly affect the results.

What is your opinion?
Regards.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EU.PNG Size: 49 KB
Click to Enlarge Name: EA.PNG Size: 47 KB
  • #339
  • Feb 15, 2016 8:16am Feb 15, 2016 8:16am
Quoting AntonioLegaz
{quote} Hello Wang , who will , I am no master , hopefully . I think this system works best TRUE validating the option " Stop on opposite slow MA " as said before other contributors. There are currently two open trades evil that had been cut with this small change (EURUSD and EURAUD) . I think do not greatly affect the results. What is your opinion? Regards. {image} {image}
hi,master,i think it is useless,without big trend,will be loss much more.
  • #340
  • Feb 15, 2016 2:47pm Feb 15, 2016 2:47pm
not looking too good. Been big losses today and they don't seem to be slowing down. Amazing how it can turn around like this.
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