Falling Knives | Page 16 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Sky is Falling Tomorrow (Option Strategy) 9 replies

NZD/USD, CAD/JPY, EUR/AUD, GBP/CHF, falling off the cliff together-- 16 replies

Why Is Cable Falling? 5 replies

Shorting the cable (Is London Bridge Falling Down?) 38 replies

Euro falling to 1.20??? 1 reply

Attachments: Falling Knives
Exit Attachments

Falling Knives

  • #301
  • Feb 15, 2016 3:37pm Feb 15, 2016 3:37pm
Quoting Magix
{quote} Got all 3 added..and I think I've got you added to the testing lab. LINK Let me know if you have issues getting in. Thanks! Anybody else wanting to add a Myfxbook link feel free to drop it here and I will get it added as well. {image}
Count me in... here is the link: https://www.myfxbook.com/portfolio/fk2/1519817

Will set up another one with Oanda and give you the link when ready.
  • #302
  • Feb 15, 2016 3:44pm Feb 15, 2016 3:44pm
Quoting tradertron
{quote} Count me in... here is the link: https://www.myfxbook.com/portfolio/fk2/1519817 Will set up another one with Oanda and give you the link when ready.
Added...

Are you a member of my forum?

Nick?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #303
  • Feb 15, 2016 3:47pm Feb 15, 2016 3:47pm
Quoting tradertron
{quote} Count me in... here is the link: https://www.myfxbook.com/portfolio/fk2/1519817 Will set up another one with Oanda and give you the link when ready.

Ya gotta love Myfxbook and their speculation.


At the current rate, you could have gains of 1855.19%, Monthly!!!
Attached Image
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #304
  • Feb 15, 2016 4:18pm Feb 15, 2016 4:18pm
went from £38 profit down to £3 in space of couple hours...ooops!
  • #305
  • Feb 15, 2016 4:58pm Feb 15, 2016 4:58pm
Quoting Magix
{quote} Added... Are you a member of my forum? Nick?
Not yet... do I just register? Is it open to anyone or need an invite?
  • #306
  • Feb 15, 2016 5:00pm Feb 15, 2016 5:00pm
That was cool... just watched it close out about 40 of the ej trades at about break-even. Don't mind that at all... as I was wondering how it was going to play out.
  • #307
  • Feb 15, 2016 5:59pm Feb 15, 2016 5:59pm
Quoting tradertron
{quote} Not yet... do I just register? Is it open to anyone or need an invite?

Just register.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #308
  • Feb 15, 2016 6:02pm Feb 15, 2016 6:02pm
Quoting tradertron
That was cool... just watched it close out about 40 of the ej trades at about break-even. Don't mind that at all... as I was wondering how it was going to play out.

That'd be Bitch Mode.

Very aggressive triggering for when the trend changes in attempts to close out at the first sniff of profit.
Attached Image (click to enlarge)
Click to Enlarge Name: fk35.png Size: 26 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #309
  • Feb 15, 2016 6:57pm Feb 15, 2016 6:57pm
Quoting Magix
{quote} That'd be Bitch Mode. Very aggressive triggering for when the trend changes in attempts to close out at the first sniff of profit. {image}
Sweet

Yeah... that was cool... there was actually a couple bucks profit after all that drawdown.
  • #310
  • Feb 15, 2016 7:01pm Feb 15, 2016 7:01pm
I still love the first version, its rocking out. Sometimes the first version is the best
  • #311
  • Feb 15, 2016 7:17pm Feb 15, 2016 7:17pm
Quoting Magix
{quote} I released the wrong version... I have several working files when I am in code mode. I run a few Backtests to verify triggering on multiple accounts to see which ones make sense and which ones are pure shit. Typically will have 3 versions running at a time, all different sets according to what I see in visual mode. After that...I refine, compile and re-run. My coding day on Saturday started at about 11am(ish) and these versions were released around 8pm(ish)...many versions run...many beers drank! What can I say... Copied n pasted...
Hi magix,

Please tell me which file us the latest one, I used the file you have uploaded 14th feb. Now I an see another file.
  • #312
  • Feb 15, 2016 7:18pm Feb 15, 2016 7:18pm
Quoting tradertron
{quote} Sweet Yeah... that was cool... there was actually a couple bucks profit after all that drawdown.

The bitch setting shoots for the Minimum Profit, user parameter ->TP.
(Closing on this can leave a little more profit than intended, but can also leave a little less meat on the bone. By this point, just getting the fuck out of the trade is the main consideration)

In trend there is a different exit logic than when the trend changes. Capturing every market pip is almost an impossibility, so I only aim to get what I consider as high probabilities.

Working with the logic, 1440 is what I call the DTEMA, Daily Trend Exponential Moving Average.
This value is important on all M1, M5 and M15...may possibly be relevant on longer, but those are the ones I stick with.

Reason?

1440 Minutes in a day...if the trading value is above this line, we want to be long on an M1 chart.
1440x M5 periods in a week...why? Because there are only 5 trading days in a week.
1440 on an M15 puts it at a weekly Pivotal Point.

This is a part of how our trend is defined.

It seems on the FKStochs, I released a version with the 720EMA...this is relevant on the M1 and M5 but also comes into regular play on the M15 as it is the Dynamic Pivot Point.

1440 minutes in a day...half of the day is 720.
1440 M5 candles in a week...half of the week is 720.
Because these values change, these points are the most dynamic way of identifying.

Personally...I'd keep to the 1440, but even my FK3 works a little different in that it uses an Hourly Moving Average Value...where the trend is defined by M1 periods being overbought or oversold with the current price in relation to the hourly close on this EMA.

Much the same...a little different.

But when comes to coding, having an idea of when to pull the plug, or how to either add or limit subsequent trades, these are very important pieces to the puzzle.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #313
  • Feb 15, 2016 7:23pm Feb 15, 2016 7:23pm
Quoting xfactornos
I still love the first version, its rocking out. Sometimes the first version is the best

V1, in my mind, leaves a lot to be desired...but from how it traded last week, is still viable.

There are issues with:
- The triggering logic.
- The Exit Logic.
- The wussy out close.

Honestly, after taking a couple months away from market and working with code, I was just happy to have something that traded "Kinda" like I intended.

As far as coding goes, I'm what most would consider as Rank=Fucking Amateur, so taking a little time off is almost like starting over.

My code base library is compilations of old code that I threw together.

Though my understanding is a little better than when I began, most of what I produce is still just done by the use of duct tape and the back of a butter knife, hammer method.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #314
  • Feb 15, 2016 7:25pm Feb 15, 2016 7:25pm
Quoting IreshChathu
{quote} Hi magix, Please tell me which file us the latest one, I used the file you have uploaded 14th feb. Now I an see another file.

The V2 exe posted today is the one I have in my TE.

It was the completed version intended for release.

The one on Feb 14, was a code in progress. It might be tough to believe, but with exception of having an idea of what it does, I am not entirely sure of anything.

One thing I do know, is I definitely wouldn't run the fucker on my live until watching it trade for a couple of days, just to see if I can sort out the logic.

Seriously.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #315
  • Feb 15, 2016 7:31pm Feb 15, 2016 7:31pm
nice work,
where do i download it for testing?
Holy grail, pls pm
  • #316
  • Feb 15, 2016 7:33pm Feb 15, 2016 7:33pm
Quoting iamgotzaa
nice work, where do i download it for testing?

This is the one I am running Live and on my TE.

HERE.

Default.
M1.

You pick the pairs.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #317
  • Feb 15, 2016 7:43pm Feb 15, 2016 7:43pm
Quoting Magix
Options Explained... Magic Number=Magic number(not much to say about this) Lot size - First lot taken Lot Calculation Method - Fixed=always the same size as primary lot, Increment=each subsequent trade increased by the value in Lot increment or Multiplier, Multipler = will multiply by the factor in Lot increment or Multiplier. Grid Spacing = Minimum size space in Grid that will be required before a subsequent trade will be taken, if and only if time delay and trigger are present. Time delay = Minimum time between trades. Take profit = The minimum...
Hi magix,

I think the options not will available for the file you have updated last.
  • #318
  • Feb 15, 2016 7:44pm Feb 15, 2016 7:44pm
Yeah...

I am running it live, but wouldn't encourage others to do the same without a great understanding that this has no historical testing, much past a single day.

This is one of my gambler accounts...my hobby affords me this.

Launched today after NY Close.
Attached Image (click to enlarge)
Click to Enlarge Name: fk36.png Size: 43 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #319
  • Feb 15, 2016 7:46pm Feb 15, 2016 7:46pm
Quoting IreshChathu
{quote} Hi magix, I think the options not will available for the file you have updated last.
Nope.

Most won't take the time to run these like I have and do...no understanding means that you are simply trying to guess what my logic is, how it works and think you can improve on it.

Not saying ya can't, but why?

Easier to just hop on the current ride and see what can happen.

Isn't it?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #320
  • Feb 15, 2016 8:00pm Feb 15, 2016 8:00pm
Quoting Magix
{quote} Nope. Most won't take the time to run these like I have and do...no understanding means that you are simply trying to guess what my logic is, how it works and think you can improve on it. Not saying ya can't, but why? Easier to just hop on the current ride and see what can happen. Isn't it?
Let's play the game bro. see whats happening. if get fault it's my responsibility. please just say the what's you are going to test in live. 1M or 15M
10 traders viewing now