Elite : automation of selected systems | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Top 100 best Trading Systems: post good Trading Systems here 62 replies

Are the best systems also the systems that fail most spectacularly? 55 replies

Systems, Systems and Systems... 1 reply

closing selected orders at once 3 replies

MLQ4 check if object selected 2 replies

Attachments: Elite : automation of selected systems
Exit Attachments

Elite : automation of selected systems

  • #1
  • First Post: Feb 24, 2016 1:21am Feb 24, 2016 1:21am
Attached Image


Elite : automation of selected systems

Candidate systems must :

  1. be completely mechanical, with well defined entry/exit rules, stops and targets.
  2. use minimum indicators, none is better. Source of non-standard indicators is required.
  3. not use any type of martingale, or adding to losers in any way
  4. not developed before, unless a major update is required

You may post your system recommendations here, as long as they fit the above criteria.
I will ignore any system request sent via Private Messaging.

The main purpose of the automation is to test and validate these systems, not to trade them live until they prove to you that they are profitable on the long run.
Forex is a risky business, it gets even riskier using robots, so be aware.


Unlike Robots Lab, here I will be sharing ex4 files only.


All the best,

Khalil

No guts, no glory
  • #2
  • Feb 24, 2016 1:28am Feb 24, 2016 1:28am
I will continue here the development of :

  1. A Proven Simple Strategy (2MAs, 1 RSI) - of Sis.yphus
  2. Simple morning hours breakout system - of Xaron

​Many thanks to these great guys for sharing their trading wisdom with the rest of us.

No guts, no glory
  • #3
  • Feb 24, 2016 7:27pm Feb 24, 2016 7:27pm
Keep up the good work.
  • #4
  • Feb 25, 2016 12:34am Feb 25, 2016 12:34am
Dear Khalil,

I have a suggestion for you,... it called LONDON Heiken Ashi,....

Indicator :
Heiken Ashi
ALF

Rules :

1. TF : H1
2. See Heiken Ashi candle that closed after LONDON OPEN,.. my MT4 10:00 candle,.... If RED ( bearish, SELL at 11:00 open ) if WHITE ( bullish, BUY at 11:00 open ). May be can change to FRANKFURT 9:00 or NEW YORK,... Can get options
3. IF SELL : Close after found a WHITE candle, closed, the BODY pass UP ALF line. If WHITE candle buy BODY still not pass UP ALF line,... trade still going on
4. IF BUY : Close after found a RED candle , closed, the body pass DOWN ALF line. If RED candle buy BODY still not pass DOWN ALF line,.. trade still going on
5. STOP Loss determine as 100 pips ( can be set later )
6. TARGET Profit determine as 100 pips ( can be set later )

Hope you can find this system suitable for you to automate,...

Thanks,

Budi
Attached Image (click to enlarge)
Click to Enlarge Name: London Heiken Ashi.png Size: 110 KB
Attached File(s)
File Type: ex4 ALF.ex4   5 KB | 794 downloads
  • #5
  • Edited 2:12am Feb 25, 2016 1:08am | Edited 2:12am
A Proven Simple Strategy (2MAs, 1 RSI) - of Sis.yphus :

( Original Strategy )

Indicators :

  1. 200 EMA
  2. 5 EMA
  3. RSI(2) with levels 5 and 95

Entry :

  1. Long :

    1. Price above 200 EMA and
    2. Price below 5 EMA and
    3. RSI below level 5


  2. ​Short :​

    1. Price below 200 EMA and
    2. Price above 5 EMA and
    3. RSI above level 95.


​Exit :

  1. Long:

    1. Price closes above 5 EMA or
    2. Price Touches 5 EMA from below


  2. Short:

    1. Price closes below 5 EMA or
    2. Price Touches 5 EMA from above

Trades in the below charts were taken by the latest version of the EA I made for this system, using default settings.

Attached Image (click to enlarge)
Click to Enlarge Name: 2m1r_1.PNG Size: 56 KB


EA latest version that was posted in the (2MAs, 1 RSI) thread:

Attached File(s)
File Type: mq4 TwoMA_OneRSI.mq4   13 KB | 1,130 downloads


Yes, source. This was an exception.

Please note that this version has advanced options which are not discussed yet. So to test using the same rules Sys.yphus advised, just press the Reset button on the EA inputs screen.

Next we'll gonna discuss :

  1. Advanced options
  2. Members' requests
  3. A more catching name


EDIT : Fixed RSI levels in the chart, and added short exit rules.

No guts, no glory
  • #6
  • Feb 25, 2016 1:46am Feb 25, 2016 1:46am
Quoting budidharma19
Dear Khalil, I have a suggestion for you,... it called LONDON Heiken Ashi,.... Indicator : Heiken Ashi ALF Rules : 1. TF : H1 2. See Heiken Ashi candle that closed after LONDON OPEN,.. my MT4 10:00 candle,.... If RED ( bearish, SELL at 11:00 open ) if WHITE ( bullish, BUY at 11:00 open ). May be can change to FRANKFURT 9:00 or NEW YORK,... Can get options 3. IF SELL : Close after found a WHITE candle, closed, the BODY pass UP ALF line. If WHITE candle buy BODY still not pass UP ALF line,... trade still going on 4. IF BUY : Close after found a RED...
Thanks for sharing Budi,

Source for ALF.ex4 will be needed, or we replace it by an a standard moving average.

Looking at your posted charts, I believe the first three signals ended with loss or BE.
It would have been better if we took opposite trade after a previous traded was closed. What do you think ?
No guts, no glory
  • #7
  • Feb 25, 2016 3:56am Feb 25, 2016 3:56am
Quoting abokwaik
A Proven Simple Strategy (2MAs, 1 RSI) - of Sis.yphus : ( Original Strategy ) Indicators : 200 EMA 5 EMA RSI(2) with levels 5 and 95 Entry : Long : Price above 200 EMA and Price below 5 EMA and RSI below level 5 ​Short :​ Price below 200 EMA and Price above 5 EMA and RSI above level 95. ​Exit : Long: Price closes above 5 EMA or Price Touches 5 EMA from below Short: Price closes below 5 EMA or Price Touches 5 EMA from above Trades in the below charts were taken by the latest version of the EA I made for this system, using default...
excited about this one Khalil
  • #8
  • Feb 25, 2016 5:02am Feb 25, 2016 5:02am
Quoting abokwaik
{quote} Thanks for sharing Budi, Source for ALF.ex4 will be needed, or we replace it by an a standard moving average. Looking at your posted charts, I believe the first three signals ended with loss or BE. It would have been better if we took opposite trade after a previous traded was closed. What do you think ?

Dear Khalil,...

I dont trade the oposite,.. it depend on PAIR we choose,....

Here are ALF.

Hope you can make for me,...and for everybody here.

Thanks,

Budi
Attached File(s)
File Type: mq4 ALF.mq4   2 KB | 753 downloads
  • #9
  • Feb 25, 2016 8:44am Feb 25, 2016 8:44am
Greetings Khalil

I appreciate all your effort and everything that you have done for the community. My system is as follows:

this system uses 30M timeframe, trade is placed when the 8:00am candle closes.. when 8am candle closes, we place a buy stop and a Sell stop on the previous candles High and low... Both orders stay and get canceled at the end of the day, orders that aren't triggered get canceled end of day.

entry: Previous Candle High and low, Buy stop and sell Stop

Target: Take profit is the same amount of pips as the SL

stops: SL is previous candles High or Low

would also appreciate a feature that allows me to risk a certain % of the account balance.


thank you.
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #10
  • Edited 10:01am Feb 25, 2016 9:33am | Edited 10:01am
Quoting abokwaik
A Proven Simple Strategy (2MAs, 1 RSI) - of Sis.yphus : ( Original Strategy ) Indicators : 200 EMA 5 EMA RSI(2) with levels 5 and 95 Entry : Long : Price above 200 EMA and Price below 5 EMA and RSI below level 5 ​Short :​ Price below 200 EMA and Price above 5 EMA and RSI above level 95. ​Exit : Long: Price closes above 5 EMA or Price Touches 5 EMA from below Short: Price closes below 5 EMA or Price Touches 5 EMA from above Trades in the below charts were taken by the latest version of the EA I made for this system, using default...
Hey Khalil,

I have been looking at this allot as you know and forward testing and backward testing. In December, Jan the system has done well, but if you look currently and over the last month the strat has been struggling and needs an additional filter.

Below are the stats for last month and this month for Original settings with a SL of 200 and TSL of 50 and then for custom settings. I added the SL when we saw a huge draw down when the market trended against this system and there was nothing to stop it with the standard settings. So from what I can see an SL is needed.

Original Settings Back test Results: (With SL and TSL)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 32 KB


Supa/Custom Settings Back test Results: (With SL and TSL)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 33 KB


As you can see the results started to take a big hit in Feb, and the draw downs historically are not ideal if you look at the further back testing on the EUR/USD. I have had a look at applying different indicators to assist in filtering out the invalid orders.
Using the Stochastic Indicator to confirm the trend direction, K is above D and vice versa seems to filter allot of the losing trades.

Below are some examples:
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 85 KB

Currently you can see 8 Orders taken were SL'ed, and 1 was profitable.
If you filter all of the trades which blue is above red, the results would have been 1 in profit and 1 in loss. It would have filtered 6 of the 7 bad orders.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot4.png Size: 118 KB

Above 2 losing orders, both would have been filtered, blue is above red (Uptrend) in both of these.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot6.png Size: 112 KB

Above 8 long orders only 2 were profitable, 6 were SL'ed.
With the filter applied we would have 3 hitting the stop loss the other 3 wouldn't have been ordered.

I have looked and I can post lots of examples and it doesn't seem to effect any of the winning trades that I have seen.
Can you please add the Stochastic Indicator to this EA and make the settings adjustable just in case a slow Stochastic would be better, and use the trend direction to confirm an order. With this filter in place we could look at opening up the SL to 300 which would also help the winners.
Let me know what you think?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot5.png Size: 110 KB
  • #11
  • Feb 25, 2016 10:29am Feb 25, 2016 10:29am
Thank you Spencer for the hard work.
ADX could be one of the filters.

2ma1rsi as initially introduced is in fact a trend scalper system.

The best component of the system is the entry.

This might sound crazy, but I've been thinking lately of merging Sys.yphus 2ma1rsi with Dreamliner HFT into a new swing trading system.
No guts, no glory
  • #12
  • Edited 3:53pm Feb 25, 2016 2:42pm | Edited 3:53pm
Hi Khalil, Spencer,

thanks for your work on TwoMAOneRSI so far. In my experience, adding more indicators to filter drawdowns is barely succesful in most cases.
Currently I'm testing an approach of a tight SL (50 pips) in combination with accumulation of positions to face big trends against the system.
If the results are promising, I will share them here on FF.

Oliver
  • #13
  • Edited Feb 26, 2016 12:10am Feb 25, 2016 6:58pm | Edited Feb 26, 2016 12:10am
Quoting abokwaik
Thank you Spencer for the hard work. ADX could be one of the filters. 2ma1rsi as initially introduced is in fact a trend scalper system. The best component of the system is the entry. This might sound crazy, but I've been thinking lately of merging Sys.yphus 2ma1rsi with Dreamliner HFT into a new swing trading system.
34 MA as the entry, 5MA retouch for re-entry (stacked positions) and possible exit on 5MA close or RSI.

Not sure I got that right haha, still very much learning this stuff
  • #14
  • Feb 25, 2016 7:45pm Feb 25, 2016 7:45pm
Quoting SpencerBizze
{quote} Hey Khalil, I have been looking at this allot as you know and forward testing and backward testing. In December, Jan the system has done well, but if you look currently and over the last month the strat has been struggling and needs an additional filter. Below are the stats for last month and this month for Original settings with a SL of 200 and TSL of 50 and then for custom settings. I added the SL when we saw a huge draw down when the market trended against this system and there was nothing to stop it with the standard settings. So from...
Amazing testing. How would you able to test back date till 2010? thanks.
  • #15
  • Feb 26, 2016 12:12am Feb 26, 2016 12:12am
Quoting happytrade38
{quote} Amazing testing. How would you able to test back date till 2010? thanks.
You can download the test data off Dukascopy and use TickStory to perform a 99% modelled test...

Zz
  • #16
  • Feb 26, 2016 12:25am Feb 26, 2016 12:25am
Quoting hishamzz
{quote} You can download the test data off Dukascopy and use TickStory to perform a 99% modelled test... Zz
bravo, thanks bro.. will try to do it..
  • #17
  • Feb 26, 2016 12:28am Feb 26, 2016 12:28am
Quoting happytrade38
{quote} bravo, thanks bro.. will try to do it..
No worries

Let me make a small correction to my post.

You can download the data off the TickStory app via Dukascopy directly.. no need to download the data seperately

Zz
  • #18
  • Feb 26, 2016 3:26am Feb 26, 2016 3:26am
Hi Abokwaik,

there is probably some bug in EA TwoMA_OneRSI. It woks good for me till now but today there was a problem with closing trades on EURUSD. EA closed one trade from five by the rules and other trades doesn't close. Can you check my pciture? I closed it manually later with better profit but it couldn't be everytime;-)

David
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 98 KB
  • #19
  • Feb 26, 2016 3:41am Feb 26, 2016 3:41am
Quoting dafa
Hi Abokwaik, there is probably some bug in EA TwoMA_OneRSI. It woks good for me till now but today there was a problem with closing trades on EURUSD. EA closed one trade from five by the rules and other trades doesn't close. Can you check my pciture? I closed it manually later with better profit but it couldn't be everytime;-) David {image}
I will check and fix any found bugs in next version.
No guts, no glory
  • #20
  • Feb 26, 2016 3:45am Feb 26, 2016 3:45am
Quoting abokwaik
{quote} I will check and fix any found bugs in next version.
ok, thanks
0 traders viewing now