Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
- #21
- Feb 26, 2016 2:14am Feb 26, 2016 2:14am
- Joined Sep 2015 | Status: ob-la-di, ob-la-da, life goes on... | 4,499 Posts
this is a scalper EA, I AM NOT THE ORIGINAL developer
but i kind change the sets which gave me a better result.
the first one is suppose to be based on Bolingerband
while the second one is based on RSI
after backtesting it i realise that it misses some trade which i think the original developer used in filtering some trade, please can anyone kindly look into the first EA and see if there is filter on it, it suppose to enter a trade if prices close above the upper band and the next candle closes below d upper band =SELL
and
BUY d opposite
I manually filter the EA with zup indicator
i.e. if there is bullish patternt on daily, 4hours, Hour, or 15 min depending on the time frame the pattern occurred last.
i set the EA to buy only and closes d trade manually if there is any counter trend zup.
my english is bad.
but i kind change the sets which gave me a better result.
the first one is suppose to be based on Bolingerband
while the second one is based on RSI
after backtesting it i realise that it misses some trade which i think the original developer used in filtering some trade, please can anyone kindly look into the first EA and see if there is filter on it, it suppose to enter a trade if prices close above the upper band and the next candle closes below d upper band =SELL
and
BUY d opposite
I manually filter the EA with zup indicator
i.e. if there is bullish patternt on daily, 4hours, Hour, or 15 min depending on the time frame the pattern occurred last.
i set the EA to buy only and closes d trade manually if there is any counter trend zup.
my english is bad.
- #25
- Feb 26, 2016 9:20am Feb 26, 2016 9:20am
- Joined Sep 2012 | Status: AlgoTrader | 3,610 Posts
No guts, no glory
- #27
- Edited 5:22pm Feb 26, 2016 4:19pm | Edited 5:22pm
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.
AU
Still a profitable trade haha, but only just
Look at the potential profit on the initial counter and catching trend change (Dreamliner style)EN example to better demonstrate the poor entry if 34SMA is crossed
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
The issue I have seen with using the RSI is that the system often enters slightly too early, and even an SL of 200 is too tight to wait for the direction change.
Just looking more at the Stochastic indicator we could replace the RSI indicator completely with it. And use it to measure overbought and over sold, as well as confirmation of trend direction.
As the price moves into an overbought or oversold position / above the RSI level or below, the first or first two trades still move in the wrong direction and hit my SL of 200. With adding one more rule that K must be over D and vice versa for the other direction, it removes these intial orders. The crossing of these two lines on the stoc indicator in an overbought and oversold with using the MA's to confirm the long term trend direction. I manually traded it on Friday and every trade taken was a positive trade and I wasn't managing the trades, just the TSL was making the positive trade. I really think we should look at it, very simple confirmation of direction and fairly accurate from what I can see.
Khalil if you not keen as I understand it is not the same as the original system, if I was to get these changes made to your code would you want me to post the changes to the code on this thread? Not sure if you mind, I remember you saying not to share the code or something once changes are made? Just want to make sure I follow your rules on your source code.
I will wait for you to get the last bugs discovered on original system and then try out the changes from there let me know if you want us to post them up on here or possibly on a new thread? Thanks all for input, let's make this system make us money!!
have a good weekend all,
Cheers Spencer
- #29
- Feb 26, 2016 8:56pm Feb 26, 2016 8:56pm
Hey abokwaik!
I just read your thread and through nearly all of the pages of Robot Lab.
Wasn't the "Correlation Divergence Trading" one of your proven systems? That could be automated?
I don't really know, it seemed to just get abandoned in the middle of being profitable.
Was it not that profitable at all in the end or what was the reason for that system being abandoned?
I just read your thread and through nearly all of the pages of Robot Lab.
Wasn't the "Correlation Divergence Trading" one of your proven systems? That could be automated?
I don't really know, it seemed to just get abandoned in the middle of being profitable.
Was it not that profitable at all in the end or what was the reason for that system being abandoned?
- #30
- Feb 27, 2016 12:31am Feb 27, 2016 12:31am
- Joined Sep 2012 | Status: AlgoTrader | 3,610 Posts
Hey abokwaik! I just read your thread and through nearly all of the pages of Robot Lab. Wasn't the "Correlation Divergence Trading" one of your proven systems? That could be automated? I don't really know, it seemed to just get abandoned in the middle of being profitable. Was it not that profitable at all in the end or what was the reason for that system being abandoned?
I only developed an MT5 version of it, because back testing multiple pairs was not possible in MT4.
3 versions were developed.
I didn't continue the development because the people initiated the request (thodie and 21vs7) disappeared and I was playing solo.
No guts, no glory
- #31
- Feb 27, 2016 12:56am Feb 27, 2016 12:56am
- Joined Sep 2012 | Status: AlgoTrader | 3,610 Posts
No guts, no glory
- #32
- Feb 27, 2016 1:02am Feb 27, 2016 1:02am
- Joined Sep 2012 | Status: AlgoTrader | 3,610 Posts
I will have to stop for a moment here, and Highly Appreciate the contributions from :
What a team 
No guts, no glory
- #33
- Feb 27, 2016 1:43am Feb 27, 2016 1:43am
- Joined Sep 2012 | Status: AlgoTrader | 3,610 Posts
OK, We will continue the development of TwoMA_OneRSI system here as RoadRunner.
No guts, no glory
{quote} This is quite an interesting idea. Are you saying for example you let the EA take more orders then the 5 I have let it take but tighten the SL? Would be interest to see the results of that.
I will set up a TE named "MAGravity_v02". Let's see, how it behaves.
The issue I have seen with using the RSI is that the system often enters slightly too early, and even an SL of 200 is too tight to wait for the direction change. Just looking more at the Stochastic indicator we could replace the RSI indicator completely with it.
On the other side, the system lives from a lot of winners, that hit at the very next candle. Maybe we would cut too much of these winners
Cheers, Oliver
- #37
- Feb 27, 2016 8:58am Feb 27, 2016 8:58am
{quote} Correlation Divergence System was not abandoned. I only developed an MT5 version of it, because back testing multiple pairs was not possible in MT4. 3 versions were developed. I didn't continue the development because the people initiated the request (thodie and 21vs7) disappeared and I was playing solo.
Ahh, well that's a shame, it seemed to be like a quite interesting trading method and I personally would have loved a MT4 version of it. Even if it isn't possible to backtest.
Anyway, you're doing a very good job with your contributions to the FF-community. Keep it up!
- #39
- Feb 27, 2016 1:16pm Feb 27, 2016 1:16pm
- Joined Sep 2012 | Status: AlgoTrader | 3,610 Posts
No guts, no glory
- #40
- Feb 27, 2016 1:24pm Feb 27, 2016 1:24pm
- Joined Sep 2012 | Status: AlgoTrader | 3,610 Posts
{quote} Ahh, well that's a shame, it seemed to be like a quite interesting trading method and I personally would have loved a MT4 version of it. Even if it isn't possible to backtest. Anyway, you're doing a very good job with your contributions to the FF-community. Keep it up!
No guts, no glory