- #602
- Mar 8, 2016 12:09pm Mar 8, 2016 12:09pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Thank you Magix, was just wondering. Appreciate the info and I am enjoying watching this puppy play!!
Let's say you believe that a pair is basing...and you decide that you don't want it to trade shorts anymore, eliminating the issue of getting caught selling an absolute bottom.
In the Common Tab, you can select "Only Long" and sit back and wait for it to trade.
IF you were wrong and market continues to short another 1000 pips, you are relatively safe as the Logic will keep you from buying until the trend goes to long by its own definition.
Conversely for shorts...
In these, you can select longer time frames and larger profit points.
Select individual sessions that you want to trade by manually enabling/disabling the EA on the specific pairs.
The EAs may seem a little limited in how they are posted...but don't let this limit what you do with them.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #603
- Mar 8, 2016 12:17pm Mar 8, 2016 12:17pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #605
- Mar 8, 2016 11:16pm Mar 8, 2016 11:16pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
My demo account is doing amazingly well! Too bad it isn't translating so well live. 
Demo (FXCM) is long EUR/USD and GBP/USD, currently 10,000 pips in open position profits and 9,200 pip in closed trades. So 19,200 pips gained in 1 week.
https://www.zulutrade.com/trader/319080
My Live account at XM is short EUR/USD and GBP/USD, and open position losses of -2,200 pips.
They are both on the same time frame and settings. What would cause the difference in position (long vs. short) between brokers?
Demo (FXCM) is long EUR/USD and GBP/USD, currently 10,000 pips in open position profits and 9,200 pip in closed trades. So 19,200 pips gained in 1 week.
https://www.zulutrade.com/trader/319080
My Live account at XM is short EUR/USD and GBP/USD, and open position losses of -2,200 pips.
They are both on the same time frame and settings. What would cause the difference in position (long vs. short) between brokers?
- #616
- Mar 12, 2016 10:18am Mar 12, 2016 10:18am
- Joined Oct 2012 | Status: private | 2,606 Posts
just do it
- #618
- Mar 12, 2016 8:11pm Mar 12, 2016 8:11pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Hey all,
Thanks for the concern for my family, greatly appreciated.
It was my stepfather who had a bit of a mishap this go round. A stroke hit him hard and the long term prognosis at current isn't looking good.
By the time the ambulance had him at the hospital a blockage in his Basilar Artery kept a fair size portion of his brain without proper blood flow for long enough to have a severe impact on his brain. There is a Mandarin orange sized portion of his brain that is dead, as per CT scan, and with this swelling lead to the doctors having to both insert a drain tube into his head as well as cut out a portion of his skull to allow for the brain swell.
Without this, he would already be dead.
With the damage that he has suffered, he went into a Coma, but has recovered from that, but is responsive only up to the point of opening his eyes and making small gestures with his hands and feet. He is still much of just an empty body lying in bed without means of effective communication.
Due to this, my testing of the FK logic will be a lot limited as my time will be committed elsewhere for an in-determined time.
Thanks to all of those who have lent a hand in testing by way of stats and to those who have commented on possible logic improvements.
Further updates will be a lot slower and my posting a little more limited, but we shall move on!
Good luck to all in the weeks moving forward!
Thanks for the concern for my family, greatly appreciated.
It was my stepfather who had a bit of a mishap this go round. A stroke hit him hard and the long term prognosis at current isn't looking good.
By the time the ambulance had him at the hospital a blockage in his Basilar Artery kept a fair size portion of his brain without proper blood flow for long enough to have a severe impact on his brain. There is a Mandarin orange sized portion of his brain that is dead, as per CT scan, and with this swelling lead to the doctors having to both insert a drain tube into his head as well as cut out a portion of his skull to allow for the brain swell.
Without this, he would already be dead.
With the damage that he has suffered, he went into a Coma, but has recovered from that, but is responsive only up to the point of opening his eyes and making small gestures with his hands and feet. He is still much of just an empty body lying in bed without means of effective communication.
Due to this, my testing of the FK logic will be a lot limited as my time will be committed elsewhere for an in-determined time.
Thanks to all of those who have lent a hand in testing by way of stats and to those who have commented on possible logic improvements.
Further updates will be a lot slower and my posting a little more limited, but we shall move on!
Good luck to all in the weeks moving forward!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #619
- Mar 12, 2016 8:25pm Mar 12, 2016 8:25pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Magix, I hope you get your family emergency sorted out best of luck. After 3 full weeks of live trading on FK5, I am up +151% which is good considering that I took a $176.00 hit on Gold on Feb 22 (day 1). I also took a $951.00 hit on the UJ on Wednesday (FOMC day), but ended up only -$600.00 for the day and only down -$220.00 from that low. That was a big hit to take, and there was 118 trades open at once on the UJ on that basket of trades. I personally think that there should be a maximum number of trades parameter to minimize this sort of situations....
Great job on the testing dude!
Even with a couple of hits, you still managed to eek out a few shekles for future work. All Good!
I am not sure of the version you are testing, so really hard to see/say where the improvements could be made, but the one thing to appreciate is that the success of the current versions has been due to the lack of restriction on logic and positions. When we change this, the entire dynamics gets thrown out the window and will most likely take the equity curve with it.
The logic is based on probabilities on a relatively simple strategy based on support and resistance. As, if we are trading in trend and trend reverses, we count on a minimum retrace for exit. ie, when supply is broken, it gets tested as demand and the vice versa.
5.2 was designed to be a lot less aggressive and just going off of my own couple of test accounts is plain to see that it has survived taking the hit that 5.1 already took. A few less positions by being a little more restrictive has allowed it to live to fight another day.
BUT...who's to say that a GAP on retail market open doesn't crush past the pre-set stop loss value?
In previous posts, I have made comment about days that trade outside of the norm ->HERE, as well as commented when the days of danger would be this week:
Fortune favors the bold! NFP week typically plays well for Grid Traders, so the fact that it did well is not much of a surprise, but how well it did, is. Next week...we could be and most likely will be looking at a whole new ball game. Statistically speaking...and this of course goes off of observation more than anything, Wednesdays and Friday after London Close are your high risk trading times.
Given all of that...we certainly aren't at grail status, but I'd champion your results at almost anything commercially available.
AUD Pairs this week could again pose a larger problem...on a live test, I'd sit these motherfuckers out for the week...just me.
I do have another little piece of logic that will happily marry the profitability of 5.1 with the restrictive trading of 5.2 that I may have available prior to the expiry date of current, but will see what time affords.
Good luck next week, dude!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #620
- Mar 12, 2016 8:26pm Mar 12, 2016 8:26pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!