Falling Knives | Page 29 | 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

  • #561
  • Mar 6, 2016 1:23pm Mar 6, 2016 1:23pm
Quoting ChicagoRob
{quote} Post deleted posthaste(no pun intended). Forgot about the restriction. Just wanted to illustrate that v5.1 does better, at least in backtest. Of course, as we all know, forward test puts the rubber to the road. When the green flag drops, the bullshit stops. ChicagoRob
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #562
  • Mar 6, 2016 1:42pm Mar 6, 2016 1:42pm
I'm converting my current demo to Bitch Mode, by going with FK5.1. Results will be posted next Friday night.
  • #563
  • Mar 6, 2016 2:54pm Mar 6, 2016 2:54pm
Quoting Magix
{quote} Both have the Medium Term trend logic. 5.2 is just a more restricted to the Minimum Range Grid until the Long Term Trend changes. 5.1 is aggressive as fuck! It goes into bitch mode on a Medium Trend Change.
Is FK5.1 way more aggressive than FK5 or less aggressive ?? I personally found that FK5 was plenty aggressive on my live account and that's why I am asking you. I also have to figure out how to get out of the current open positions without taking a big hit so I can switch over.

If I turn off the EA on each pair, but leave the Auto Trading turned on will the EA still manage the open trades or not ??
  • #564
  • Mar 6, 2016 3:36pm Mar 6, 2016 3:36pm
Quoting pipsquick16
{quote} Is FK5.1 way more aggressive than FK5 or less aggressive ?? I personally found that FK5 was plenty aggressive on my live account and that's why I am asking you. I also have to figure out how to get out of the current open positions without taking a big hit so I can switch over. If I turn off the EA on each pair, but leave the Auto Trading turned on will the EA still manage the open trades or not ??
5.1 is the EXACT same logic as 5 for taking trades.
The only difference is that it extends the profit range.

5.1 is what was running on my TE last week...

Yeah...I had already released 5 before realizing the mistake.

If you turn the EA off, it will not manage the trades.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #565
  • Mar 6, 2016 3:45pm Mar 6, 2016 3:45pm
Quoting ChicagoRob
I'm converting my current demo to Bitch Mode, by going with FK5.1. Results will be posted next Friday night.

Bitch Mode is what I loosely call the triggering logic for when the EA detects a Trend Change.

When it goes into Bitch Mode, it completely ignores the Grid and takes every available trigger only taking the Delay into consideration.

What I prefer about 5.2, even though it may limit profit...is, given the backside trigger, in the event that the proverbial shit hits the fan, it will afford a lot greater range before blowing out an account, where with exception of the original FK, all others will simply hammer every fucking trigger until profit or stop loss is hit. In this, and again, with exception of the original FK, all other version of the FK logic, they are a lot more aggressive.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #566
  • Mar 6, 2016 6:07pm Mar 6, 2016 6:07pm
Started fk5.2 up to run overnight, see how it does at start of week on a demo. Have a TE set up on my account to this demo run.
  • #567
  • Mar 6, 2016 7:02pm Mar 6, 2016 7:02pm
Quoting Dragonsinc
Started fk5.2 up to run overnight, see how it does at start of week on a demo. Have a TE set up on my account to this demo run.

Welcome to FF and the Thread, dude.


Thanks for giving me your first post!

Awesome job on the TE, what TF and Grid are you playing with?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #568
  • Mar 6, 2016 7:37pm Mar 6, 2016 7:37pm
1 min TF, settings to 60 sec, changed TP to 5 as was done on others and left everything else on default. Its odd though, been running for an hour and has not closed a single trade yet, interesting. Thank you for the opportunity to watch this in action.
  • #569
  • Mar 6, 2016 7:58pm Mar 6, 2016 7:58pm
Quoting Dragonsinc
1 min TF, settings to 60 sec, changed TP to 5 as was done on others and left everything else on default. Its odd though, been running for an hour and has not closed a single trade yet, interesting. Thank you for the opportunity to watch this in action.
TP of 5 means that the sum of trades on a single pair must be greater than $5 approx 50 pips and a counter trigger.

As of thus, with exception of a couple of the Yen Pairs, nothing has really moved 50 pips in the direction of the trend...much the reason you haven't seen anything close yet. At 60 seconds delay, you should see a lot more by way of trades and this will definitely help the target, but also increases the risk factor.

Should make for an exciting ride.

Thanks again for the share.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #570
  • Mar 7, 2016 3:14am Mar 7, 2016 3:14am
Hi,

My TE is still with FK5, took a bit of a hit today. For the sake of curiosity, loaded FK5.2 on my cent account with 50$ (5000 cents) and GJ ate a hefty 20% chunk off off it was interesting to look at it as it was trying to get away from the DD.
  • #571
  • Mar 7, 2016 7:28am Mar 7, 2016 7:28am
after watching it run overnight, was curious and started another demo running on another broker but changed TP to 10 and I also opened up duplicate charts to run on FK5 to see if it will double book the moves. Was just curious and will let you know how it goes.
  • #572
  • Mar 7, 2016 8:07am Mar 7, 2016 8:07am
Hi magix,

I test with 30M chart with 1800 delay. It's take only 2 trades for the day. but the both trades are success. no I test for 15M with 900 delay. Thanks for all of these. Hope you will share the final version without a expiry date. last time I closed my trades with a loss due to this expiry dates.
  • #573
  • Mar 7, 2016 8:57am Mar 7, 2016 8:57am
The new demo I am running is on Oanda and it keeps getting FIFO fault because EA is wanting to close newer trade and leave an older one running, Oanda wants the older trade closed first. I also can not link to a TE as I did not write down the password they assigned and have not received an e-mail from them .
  • #574
  • Mar 7, 2016 12:40pm Mar 7, 2016 12:40pm
First day testing this. Went straight to FK5 using M5 and 300 delay. Sweeeeeeeettttt
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EU Magix.PNG Size: 33 KB
Click to Enlarge Name: EU Magix PnL.PNG Size: 42 KB
  • #575
  • Mar 7, 2016 1:53pm Mar 7, 2016 1:53pm
Quoting Reamasesa
Hi, My TE is still with FK5, took a bit of a hit today. For the sake of curiosity, loaded FK5.2 on my cent account with 50$ (5000 cents) and GJ ate a hefty 20% chunk off off it was interesting to look at it as it was trying to get away from the DD.

What time frame and settings were you using on GBPJPY this morning?

The couple of accounts I have in play never seen anything like that, even on the trend change in London and the retrace in NY.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #576
  • Mar 7, 2016 1:55pm Mar 7, 2016 1:55pm
Quoting IreshChathu
Hi magix, I test with 30M chart with 1800 delay. It's take only 2 trades for the day. but the both trades are success. no I test for 15M with 900 delay.

Great job, dude.

Definitely another way of working with the logic.

Longer time frames, less trades, more success...maybe even larger lots.

This can eliminate some of the risk and allow a steady growth.

For what I've been playing with M15, 900 delay with a Grid 15 seemed to do nicely.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #577
  • Mar 7, 2016 1:56pm Mar 7, 2016 1:56pm
Quoting Dragonsinc
The new demo I am running is on Oanda and it keeps getting FIFO fault because EA is wanting to close newer trade and leave an older one running, Oanda wants the older trade closed first. I also can not link to a TE as I did not write down the password they assigned and have not received an e-mail from them .
It still closes all trades with the FIFO fault, correct?

There is no new email with account information in the Email Tab on your terminal?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #578
  • Mar 7, 2016 2:01pm Mar 7, 2016 2:01pm
Quoting tritan
First day testing this. Went straight to FK5 using M5 and 300 delay. Sweeeeeeeettttt {image} {image}
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #579
  • Mar 7, 2016 2:46pm Mar 7, 2016 2:46pm
FIFO problems, here, as reported in the Experts tab. The Journal tab shows orders being closed,
however. The EA is trading and making money, so no complaints.
Attached Image (click to enlarge)
Click to Enlarge Name: error code 150 copy.jpg Size: 124 KB
  • #580
  • Mar 7, 2016 2:53pm Mar 7, 2016 2:53pm
Quoting ChicagoRob
FIFO problems, here, as reported in the Experts tab. The Journal tab shows orders being closed, however. The EA is trading and making money, so no complaints. {image}


Thanks!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
1 trader viewing now