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Falling Knives

  • #501
  • Feb 29, 2016 6:43am Feb 29, 2016 6:43am
Quoting pipsquick16
{quote} Nice work, sorry but dont know how to use or even access the trade explorer. What pairs and settings are you using for FK5 please ??
Under your profile, you need to mouse over the Trade Explorers tab, and click the "Create Trade Explorer", to get one added.

Once done, you can view all of the stats on the different pairs traded, by clicking on "Trade Report".

Both versions are running on M1 and have the same pairs traded at default settings.
Attached Image (click to enlarge)
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Attached Image
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #502
  • Feb 29, 2016 6:58am Feb 29, 2016 6:58am
Refining the logic as we progress seemingly makes all of the difference in the world.

Though profit from 1 to 5 is quite similar, the DD on FK1 is tipping in at $466.

A lot more safety in 5. Still hits the trades but only half as hard as it's predecessor.
Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #503
  • Feb 29, 2016 9:28am Feb 29, 2016 9:28am
Quoting Magix
Refining the logic as we progress seemingly makes all of the difference in the world. Though profit from 1 to 5 is quite similar, the DD on FK1 is tipping in at $466. A lot more safety in 5. Still hits the trades but only half as hard as it's predecessor. {image}

Good evening Magix,
Are FK2 and FK5 similar ? im using FK5 with 900 delay (15min)yet, it didnt open any trades.

here is my explorer : https://www.myfxbook.com/portfolio/f...-knife/1520785
  • #504
  • Feb 29, 2016 9:38am Feb 29, 2016 9:38am
Quoting toinou21
{quote} Good evening Magix, Are FK2 and FK5 similar ? im using FK5 with 900 delay (15min)yet, it didnt open any trades. here is my explorer : https://www.myfxbook.com/portfolio/f...-knife/1520785

Similar triggering, more filtering.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #505
  • Feb 29, 2016 5:29pm Feb 29, 2016 5:29pm
Would it perhaps be possible to change the lot size in FK5?
  • #506
  • Feb 29, 2016 6:49pm Feb 29, 2016 6:49pm
Quoting leancuisine
Would it perhaps be possible to change the lot size in FK5?

Dude...

What is going on with your account?

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #507
  • Feb 29, 2016 6:56pm Feb 29, 2016 6:56pm
Quoting Magix
{quote} Dude... What is going on with your account?
Actually, I'm not sure. GBP/AUD is just tanking, at 1M time frame, 60 second delay. Currently -10,000 pips but good thing it's 0.00001 lots.
  • #508
  • Feb 29, 2016 7:26pm Feb 29, 2016 7:26pm
Hi magix,

I am here for testing again. If I set the delay should I keep the same time frame to open trades in MT 4. let's play now.
  • #509
  • Feb 29, 2016 7:31pm Feb 29, 2016 7:31pm
Quoting leancuisine
{quote} Actually, I'm not sure. GBP/AUD is just tanking, at 1M time frame, 60 second delay. Currently -10,000 pips but good thing it's 0.00001 lots.

Ahhhhhhhhhhhh....

It's not so much the size that needed to change as your profit value.

But now I understand why you were playing with .05 lots on the last run.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #510
  • Feb 29, 2016 7:34pm Feb 29, 2016 7:34pm
Quoting IreshChathu
Hi magix, I am here for testing again. If I set the delay should I keep the same time frame to open trades in MT 4. let's play now.

Yes.

The default is set to 120 as that seemingly was a winner in some primary runs and set for an M1 chart.

Going to an M5 chart this will change all of the indicator ranges, consequently making it possible for multiple triggers in the same candle. This could lead to a HUGE draw down.

Best to keep the Minimum value of the delay to at least the time frame traded, keeping in mind that the delay is in seconds.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #511
  • Feb 29, 2016 7:51pm Feb 29, 2016 7:51pm
The original has proven itself to be a little more profitable, but at the same time, has shown a lot more by way of risk and draw down.

Looking at where FK5 sat out the EA shorts is keeping the risk to skinny levels, where FK could hit pucker time by London!

Attached Image (click to enlarge)
Click to Enlarge Name: fk2.png Size: 66 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #512
  • Feb 29, 2016 9:20pm Feb 29, 2016 9:20pm
Quoting Magix
{quote} Yes. The default is set to 120 as that seemingly was a winner in some primary runs and set for an M1 chart. Going to an M5 chart this will change all of the indicator ranges, consequently making it possible for multiple triggers in the same candle. This could lead to a HUGE draw down. Best to keep the Minimum value of the delay to at least the time frame traded, keeping in mind that the delay is in seconds.
Well , yea but it makes beer taste better , keep on keeping on brother .
  • #513
  • Feb 29, 2016 9:45pm Feb 29, 2016 9:45pm
Quoting digger1
{quote} Well , yea but it makes beer taste better , keep on keeping on brother .
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #514
  • Mar 1, 2016 5:49pm Mar 1, 2016 5:49pm
Hi magix,

what is the effect of increasing grid space. I have tested that. It takes law trades. But safer.
  • #515
  • Mar 1, 2016 7:12pm Mar 1, 2016 7:12pm
Quoting IreshChathu
Hi magix, what is the effect of increasing grid space. I have tested that. It takes law trades. But safer.

I agree.

It can be a lot safer for DD with a larger sized grid. When the trend changes, it will make no difference as the grid is ignored, but even with this, if you have less trades to have to cover, you can make out a lot better on a retrace.

It is impossible to guess the range of day with any single pair and all we can really attempt to do by way of automation is to keep with the trend and try take small profits as are afforded.

Be it a larger grid, longer time frame or greater delay between trades...all of these can effectively improve performance if not just by way of minimizing risk.

The idea of sharing the EA with others is to gain some sort of comparison in how they are working with different pairs and time frames as viewed through the eyes of many. Sadly, the efforts put forth by others are a little lacking in the assistance department.

Best we can do, take the few that are willing to share and work with the information provided.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #516
  • Mar 1, 2016 7:27pm Mar 1, 2016 7:27pm
Quoting Magix
{quote} I agree. It can be a lot safer for DD with a larger sized grid. When the trend changes, it will make no difference as the grid is ignored, but even with this, if you have less trades to have to cover, you can make out a lot better on a retrace. It is impossible to guess the range of day with any single pair and all we can really attempt to do by way of automation is to keep with the trend and try take small profits as are afforded. Be it a larger grid, longer time frame or greater delay between trades...all of these can effectively improve...
Yo man, would help if I knew sh&t bout this stuff, sadly much better with wrenches hammers and such ,,,,,,,,,,, and beer mmm good, sure its not possible in metetrader but always wondered how some of these bots of yours would do if ya could flip flop the pairs but keep the mechanics the same ,,,,,such as GBP/USD traded as USD/GBP on the charts but still GBP/USD on the buy and sell, would the big draw downs that happen then be big profits etc, My charting platform I can flip flop the pairs , some patterns I watch are much easier to see flipfloped. These are questions I ponder with what else ,,,,beer lol, You have had some killer bots , keep it up man
  • #517
  • Mar 1, 2016 7:32pm Mar 1, 2016 7:32pm
Quoting Magix
{quote} I agree. It can be a lot safer for DD with a larger sized grid. When the trend changes, it will make no difference as the grid is ignored, but even with this, if you have less trades to have to cover, you can make out a lot better on a retrace. It is impossible to guess the range of day with any single pair and all we can really attempt to do by way of automation is to keep with the trend and try take small profits as are afforded. Be it a larger grid, longer time frame or greater delay between trades...all of these can effectively improve...
Hi magix,

This is the good work you have done. I am a person who has test the 1st version in live account. also gain more 250$. But without any idea. Now this is more effective & has more options.
i also want to help you to do this better. in this week I'll test this in demo account & try to do this safer way & apply the best way to live account next week. today my target is the pips. next day I'll increase the lot size. If some where if you can please explain the options & provide the links where the logic can understand. Then it will help to new people to understand. good luck my friend...
  • #518
  • Mar 1, 2016 7:56pm Mar 1, 2016 7:56pm
Quoting digger1
{quote}Yo man, would help if I knew sh&t bout this stuff, sadly much better with wrenches hammers and such ,,,,,,,,,,, and beer mmm good, sure its not possible in metetrader but always wondered how some of these bots of yours would do if ya could flip flop the pairs but keep the mechanics the same ,,,,,such as GBP/USD traded as USD/GBP on the charts but still GBP/USD on the buy and sell, would the big draw downs that happen then be big profits etc, My charting platform I can flip flop the pairs , some patterns I watch are much easier to see flipfloped....

Inverse logic is a lot of what I've played with over the few years of working with grids, in that you almost always can assume a reasonable retrace to a starting point and if you add enough, you can effectively prosper...the problem with this logic is that the risk with it is absolutely incredible.

Not saying the current are that much safer, but as I have progressed, I have eliminated one of my wussy triggers in place of a faster trigger. Watching these trade, I can adapt the levels and the logic...and I really like how these have been coming along.

I worked a little this AM with a faster medium trend and it seemingly kicked ass over all others at minimizing the DD, but in this also limited the profits. Adjusting the fast trend or minimum retrace zone, killed for profit but brought the risk to immense if not blow up account levels.

So...from the original, where I had a single trend and have played with this major trend idea, I have found a way to minimize risk on the drawing retraces that turn into trend.

Perfect?

Fuck No...but again, in looking at the fact that my current will cost average ever 2 minutes with a minimum of 2 pips and being traded on 7 pairs 24/7, I've only seen as high as a 7ish% DD and have already scaled up the chain close to 16% in just a little over 2 market days...this for me is definitely a step in the right direction.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #519
  • Mar 1, 2016 8:04pm Mar 1, 2016 8:04pm
Quoting IreshChathu
{quote} Hi magix, This is the good work you have done. I am a person who has test the 1st version in live account. also gain more 250$. But without any idea. Now this is more effective & has more options. i also want to help you to do this better. in this week I'll test this in demo account & try to do this safer way & apply the best way to live account next week. today my target is the pips. next day I'll increase the lot size. If some where if you can please explain the options & provide the links where the logic can understand. Then it will help...

It's nice to have you testing, my friend.

The more, the Merrier!

The logic is little more than defining an ultimate trend, a reasonable retrace and cost averaging like a motherfucker until a counter signal is in place with a minimum profit.

The ideas behind this robot aren't much more than I use in manual trading, only they can do it a lot faster, a lot more effectively, round the clock without ever getting tired.

To gain a better idea of how these work, have a look through this thread HERE.

The ideas here are loosely how the current FK 5ive works the market, but uses multiples of these Moving Average Crosses and a Stochastics triggering, with a little creative cost averaging.

Options...well, for the time being, as the current Moving Averages and Stochastics are what I work with manually, I will leave those out of play and want to see if the EA can prevail on little more than those.

For the rest...it is just setting a minimum length of time between trades, a reasonable minimum profit with a user defined grid.

If you have the template I posted with the original FK, run the EA in the strategy tester and apply that template. Watch it trade...this too will lend to your understanding.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #520
  • Mar 2, 2016 12:55am Mar 2, 2016 12:55am
Helllloooooo

Was away so couldn't create a TE for the new FK5 but there's a new one connected to my account. Only change I did was changing the delay to 300 and place the EA on 5M charts.
My TE is here.

Magix,
Will you allow changing the lot size? And what about the timer for Renko? I'm very curious to see this puppy performing on a Renko chart.


Regards.
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