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Falling Knives

  • #581
  • Mar 7, 2016 3:24pm Mar 7, 2016 3:24pm
I like the safer Pyramiding out of trend reversal trades in 5.2.

The 2-300 pip days would still be dangerous, but again afford more time and allow for a little manual interjection.
Attached Image (click to enlarge)
Click to Enlarge Name: fksafety.png Size: 20 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #582
  • Mar 7, 2016 6:05pm Mar 7, 2016 6:05pm
Quoting Magix
{quote} 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?

It did not close the trades, the fault was caused by me having more than one chart up of the same pair. according to the time of the trade they were all taken at same time but I had to manually close them, and the ones throwing error had to be closed out of numeric order to not get the fault. So, lesson learned, do not have more than 1 chart running of the same pair. Interesting.
  • #583
  • Mar 7, 2016 7:14pm Mar 7, 2016 7:14pm
Quoting Dragonsinc
{quote} It did not close the trades, the fault was caused by me having more than one chart up of the same pair. according to the time of the trade they were all taken at same time but I had to manually close them, and the ones throwing error had to be closed out of numeric order to not get the fault. So, lesson learned, do not have more than 1 chart running of the same pair. Interesting.
You can have more than 1 EA trading on the same pair...it will continue to open trades on both EAs until the Minimum profit is hit for the lowest set. (Assuming you have the same Magic Number)

If you want to have more than 1 EA running, one with faster profit, one with slower...make sure to set the Magic numbers different.

By default on all, the magic number is 69.

So...even if you decide to trade one on an M1 chart or decide to just swap to an M15 chart, make sure you have the magic number set the same as the trades open and the EA will continue to manage the trades.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #584
  • Mar 7, 2016 7:23pm Mar 7, 2016 7:23pm
Hi Magix,

I used 15 M with 900 delay. no trade taken within last 12 h. Is this normal. Happy face is there in my chart. now I change the 5.1 FK with same setting. will see what happen...
  • #585
  • Mar 7, 2016 7:24pm Mar 7, 2016 7:24pm
Quoting IreshChathu
Hi Magix, I used 15 M with 900 delay. no trade taken within last 12 h. Is this normal. Happy face is there in my chart. now I change the 5.1 FK with same setting. will see what happen...

Which pair?
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  • #586
  • Mar 7, 2016 7:32pm Mar 7, 2016 7:32pm
Quoting Magix
{quote} Which pair?
AUDUSD/DGBPUSD/GBPJPY/EURUSD/USDJPY/EURGBP/EURJPY/USDCAD. I Think some thing is error. But no indication..
  • #587
  • Mar 7, 2016 7:43pm Mar 7, 2016 7:43pm
Quoting IreshChathu
{quote} AUDUSD/DGBPUSD/GBPJPY/EURUSD/USDJPY/EURGBP/EURJPY/USDCAD. I Think some thing is error. But no indication..

GBPJPY, from the few I checked out, should trade within the next hour.

The rest, aren't ready yet.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #588
  • Mar 7, 2016 7:57pm Mar 7, 2016 7:57pm
Quoting Magix
{quote} GBPJPY, from the few I checked out, should trade within the next hour. The rest, aren't ready yet.
Thanks bro. If this work I think we can get the same profit in 5M by increasing the lot size.
  • #589
  • Mar 7, 2016 9:39pm Mar 7, 2016 9:39pm
Quoting IreshChathu
{quote} Thanks bro. If this work I think we can get the same profit in 5M by increasing the lot size.

Did it take the GBPJPY trade?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #590
  • Mar 8, 2016 12:23am Mar 8, 2016 12:23am
Quoting Magix
{quote} Did it take the GBPJPY trade?
Yes. Also closed with 40 pips gain. Single trade. Now trading with other 3 pairs as well. This minimize the risk factor. Good start to live trading ...
  • #591
  • Mar 8, 2016 5:11am Mar 8, 2016 5:11am
Quoting Magix
{quote} 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.
Hi,

Sorry, only now saw your reply.
I'm using it on 5M with 300 delay, never saw any FK hitting the 1K SL mark until that GJ trades
  • #592
  • Mar 8, 2016 6:49am Mar 8, 2016 6:49am
I had the same problem again with the oanda demo, no duplicates but was not closing trades and keeping mailbox full of new close attempts. had to manually shut down trading then all trades. Tried a script to close all trades and it kept throwing faults as well with no closures. The other demo does not have issues on forex.com so wonder if this is a site specific issue. Was using FK5 to compare results with 5.2 running on other demo.
  • #593
  • Mar 8, 2016 7:42am Mar 8, 2016 7:42am
Same with me, I'm getting a bunch of 150 and 126 errors on my FXCM demo account when the EA tries to close. My live account at XM is working fine though.
  • #594
  • Mar 8, 2016 8:32am Mar 8, 2016 8:32am
Hi Magix,

I think there should be more improvement in exit logic. I have seen this so many times loss the chance to win then go to DD. If I am wrong please explain.
Attached Image (click to enlarge)
Click to Enlarge Name: FK.JPG Size: 157 KB
  • #595
  • Mar 8, 2016 8:35am Mar 8, 2016 8:35am
well the same issue has started on forex.com demo, no mail but it is not closing trades and now I am getting journal faults (can not hedge) where it is trying to open trades opposite of ones it could not close. Ran good for 2 days though, wonder if it needs a shut down to reset every day or 2? I have left it running solid since Sunday night.
  • #596
  • Mar 8, 2016 9:19am Mar 8, 2016 9:19am
The only errors you may see from this EA are ones that limit hedging and require FIFO closing.

These errors mean fuck all to the logic and in certain circumstances may actually improve the results of the EA by limiting orders in forcing the EA to trade directionally only until it cashes out after a trend change.

You do not need to restart the EA.

Just let it run.

Having worked with the same basic Core and only adjusting the triggering, I can confirm that there are no issues with the coding. The EA is doing EXACTLY what it is told.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #597
  • Mar 8, 2016 9:25am Mar 8, 2016 9:25am
Quoting IreshChathu
Hi Magix, I think there should be more improvement in exit logic. I have seen this so many times loss the chance to win then go to DD. If I am wrong please explain. {image}

Perhaps some improvements could be made...or, just flip back to the original Version of 5 and select a different profit range.

FK5 plays a lot skittish in that it will close all trades at the first sign of profit set in the user params.

5.1 and 5.2 are a lot more trigger based dynamic in that it forces a trigger along with profit. The trigger range has a lot more flex in the corrected versions to allow for greater profit.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #598
  • Mar 8, 2016 9:30am Mar 8, 2016 9:30am
Thank you Magix, was just wondering. Appreciate the info and I am enjoying watching this puppy play!!
  • #599
  • Mar 8, 2016 10:57am Mar 8, 2016 10:57am
Quoting Magix
{quote} Perhaps some improvements could be made...or, just flip back to the original Version of 5 and select a different profit range. FK5 plays a lot skittish in that it will close all trades at the first sign of profit set in the user params. 5.1 and 5.2 are a lot more trigger based dynamic in that it forces a trigger along with profit. The trigger range has a lot more flex in the corrected versions to allow for greater profit.
Hi Magix.

Thank you very much. Unfortunately I can't change the lot size in FK5. To my testing it is important to change the lot size.
  • #600
  • Mar 8, 2016 11:22am Mar 8, 2016 11:22am
Quoting IreshChathu
{quote} Hi Magix. Thank you very much. Unfortunately I can't change the lot size in FK5. To my testing it is important to change the lot size.

Are you testing live?
or
Just demo accounts?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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