Disliked{quote} 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...Ignored
- #622
- Mar 13, 2016 3:58pm Mar 13, 2016 3:58pm
- Joined Jan 2015 | Status: Trader | 1,005 Posts
Hi,
My 5K$ demo with FK5 on 12 pairs blew up
I'm not sure 0.1 lot size is suitable for this strategy but I'm trying to mimic my live account in which minimum trade size is 0.1.
Also, I'm not sure that the fact my crappy excuse of a broker maximizing the spreads on most pairs to 200 points every night (just discovered it as I don't trade at night) is helping with the overall performance of this EA, especially not on M5 charts.
Stupid broker.
Anyways, loaded the account with another 5K$ and FK5.2 and we're letting the games begin for this week))
My 5K$ demo with FK5 on 12 pairs blew up
I'm not sure 0.1 lot size is suitable for this strategy but I'm trying to mimic my live account in which minimum trade size is 0.1.Also, I'm not sure that the fact my crappy excuse of a broker maximizing the spreads on most pairs to 200 points every night (just discovered it as I don't trade at night) is helping with the overall performance of this EA, especially not on M5 charts.
Stupid broker.
Anyways, loaded the account with another 5K$ and FK5.2 and we're letting the games begin for this week
))
Hi, My 5K$ demo with FK5 on 12 pairs blew up
- #629
- Mar 19, 2016 8:46pm Mar 19, 2016 8:46pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Hello, I`m testing the FK5 now for a few days, i use a 1 minute chart and have set the delay to 300 i trade on 5 pairs when red news is coming i shut it down and just wait Till now i must say it is working very good. i make good results. i`ll have a few questions, The template on the first page, when i load it i see nothing like i seen on different post the second question i have, i saw that Magix didn`t like Pepperstone demo ? whats the problem with this broker ( i use it ) Many thanks for Magix and all the others, I must say i`m impressed by this...
Good call, Dutchman.
M5 delay on an M1 chart and shut it down for the news.
Nothing wrong with that, my friend.
Pepperstone demo servers are garbage. Your live results couldn't be further from your demo results with this broker if you were using different EAs.
That being said, I have nothing bad to say about the live server, it's actually not that terrible.
Thing is, when we test these on demo accounts, we get a sense of live trading, which should be better than running back tests, in theory, at least. Problem is, when the demo server is shit, the expectations vs reality are very different things.
I don't fault anybody for their broker, nor trade methodology, nor time frame, nor analysis...if it works for ya, keep with it. When it doesn't then is the time for a better analysis.
My only caution, watch the live vs demo on broker you are with. If the live results aren't a close comparison to the demo...time to continue your search.
Reason being...all software should be tried in an account that won't threaten your hard earned money, ie DEMO. Once is verified, then move on. If this verification fails by reason of the Logic or Account, risking real money simply doesn't make sense. Nor Cents....
As for the English not being your first language, please do not apologize.
Your English is fine and is a lot better than if I were to try to communicate back in your first language.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #630
- Mar 19, 2016 8:57pm Mar 19, 2016 8:57pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Having had more time to study the charts than have had time to work on code has been a bit of a blessing.
Typically, my mind works a lot faster than I give time for logic to prove itself and in here, can easily miss a thing or two...
Which is actually the case with the falling knives logic.
With each version released, there has been a couple of things kinda nagging me.
One, being that the minimum distance between trades isn't what has actually been set.
And
The other being that all Spread, Commission and Roll Over Fees, haven't been taken into consideration.
Testing these live vs demos, I have come to realize that my broker for testing has seen some changes, where the Commissions are now a part of the entries and never really show up in the gains/losses. In addition to this, Swap fees haven't been accounted for.
As I have compared my live to demo, triggering being very close to the same, the growth on live accounts isn't as close of a fair resemblance to demo as I would have seen in the past, so when I took the time to analyze, I figured it out.
Typically, my mind works a lot faster than I give time for logic to prove itself and in here, can easily miss a thing or two...
Which is actually the case with the falling knives logic.
With each version released, there has been a couple of things kinda nagging me.
One, being that the minimum distance between trades isn't what has actually been set.
And
The other being that all Spread, Commission and Roll Over Fees, haven't been taken into consideration.
Testing these live vs demos, I have come to realize that my broker for testing has seen some changes, where the Commissions are now a part of the entries and never really show up in the gains/losses. In addition to this, Swap fees haven't been accounted for.
As I have compared my live to demo, triggering being very close to the same, the growth on live accounts isn't as close of a fair resemblance to demo as I would have seen in the past, so when I took the time to analyze, I figured it out.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #631
- Mar 19, 2016 9:03pm Mar 19, 2016 9:03pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
I've got a couple of ideas to make this all come together, taking into account the massive moves on USD cross pairs that caused a couple of serious hits and think I can improve on the overall.
By looking at a better idea of Dynamic ranges, still not absolute, and by incorporating a little wider sweep in the back side...I think I can minimize the shorter term time frame trades and extend a little range in the overall changes.
Bottom line is, less market exposure while keeping in trend and when trend changes, move a little heavier towards the cost averaging pyramid.
Ironically speaking, the first FallingKnives logic stood the best chance of survival last week...moving forward, I think I can get this all sorted.
From a longer term time frame perspective to reduce risk and make this a viable option for larger accounts, as well as continue on with the M1 logic...2 separate ideas.
I've migrated to a new PC to allow me a little more room for testing so will be working on some ideas for next week and will hopefully have something available for the next expiry date.
On the personal side of things...my time is still heavily committed, but really, who the fuck needs to sleep anyways?
There is money to be made, isn't there?
By looking at a better idea of Dynamic ranges, still not absolute, and by incorporating a little wider sweep in the back side...I think I can minimize the shorter term time frame trades and extend a little range in the overall changes.
Bottom line is, less market exposure while keeping in trend and when trend changes, move a little heavier towards the cost averaging pyramid.
Ironically speaking, the first FallingKnives logic stood the best chance of survival last week...moving forward, I think I can get this all sorted.
From a longer term time frame perspective to reduce risk and make this a viable option for larger accounts, as well as continue on with the M1 logic...2 separate ideas.
I've migrated to a new PC to allow me a little more room for testing so will be working on some ideas for next week and will hopefully have something available for the next expiry date.
On the personal side of things...my time is still heavily committed, but really, who the fuck needs to sleep anyways?
There is money to be made, isn't there?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #633
- Mar 19, 2016 10:19pm Mar 19, 2016 10:19pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Hi magix nice to see you again. I have feve things to say your. I'll post here soon... happy week end
Love to hear what you have to say.
I think I've got an M15 lined up for ya.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
{quote} Love to hear what you have to say. I think I've got an M15 lined up for ya.
My idea is this this really good to work 15M with 15 grid space. Nicely worked but I exit all EUR pairs before the ECB news. No serious impact to my account. in 1st 3 days earn more than 100$. Also I gave manual injection when exit some trades. I suggest to do some improvement in exit logic. Entry level is more accurate in 30M but take less trades.
In the 2nd week I stuck with GBPUSD before the FOMC I couldn't exit form USD pairs. fortunately that was with my side. also EA closed the trades safely. I realized that 15M is also more risky. Now I am testing 30M with 30 grid space with 15 pairs. my idea is to get to less trade in one pair & get more profit by increasing number of pairs. that will be more accurate with 10 to 15 pairs. let's see what happen.
I have seen some where you have mentioned 2000 people come to the market & 2000 people leave the market per day. My idea is most of the traders come with 500$ to 2000$ accounts having more leverage. My idea is to test longer charts. with min DD. to protect 2000$ account with monthly 20% target.
Almost all the EA are software working according to the corded logic. that save our time & do so many things that we can't do manually. That is not necessary EA do all the things they save our time & we should allocate that time to think & we have to give manual injection.
As a live trader hope you will agree with me If I am wrong please comment. Up to now I didn't loss single cents by this EA. only +400$ with max 550$ DD always fortune with me I need to find a way to survive small account with this. even 1H.
Finally magix this EA will be one of the best one in trading.
- #636
- Mar 20, 2016 12:34pm Mar 20, 2016 12:34pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Up to now I didn't loss single cents by this EA. only +400$ with max 550$ DD always fortune with me I need to find a way to survive small account with this.
I haven't verified the logic in live market yet, but it is a couple of ideas thrown together without the aggressive backside triggering of Falling Knives, though still plays a little the same.
I have defaulted settings for an M15 chart, but ya know...feel free to dump it into which ever time frame suits you.
Apply Template - Apply EA, off to the races.
If possible, please Post screen shots of all trades as when they close so that I can analyze the logic.
(Due to the nature of the timeframe, I have incorporated a wussy out close, similar to Falling Knives original, not all combos of trades will close in profit)
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #637
- Mar 20, 2016 12:56pm Mar 20, 2016 12:56pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
Oooooooooops. Bit of a fuck up on the Iresh trader. Fixed & Re-Upped.
I'll Upload the screen prints. I forget to tell I use 0,01 lot size & no lot increment done. I have noticed that this EA take the trades in close candle trade only if previous trade is loosing. that mean if the candle is small size ( no much movement trying the reverse the trend) this take trades with low space between the trades. I think this is same as lot increment. Take much trades when market trying to reverse.Have you seen a flag in my name I become a low impact member no flag in last week....
- #639
- Mar 20, 2016 8:28pm Mar 20, 2016 8:28pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
{quote}
One little issue with the code and something I could only see live trading fast frame.
Without properly defining the overall trend and having a wussy out on trend reversal, it goes into rapid fire trading.
Piece of fucking shit!
Anyways...Got it corrected and re-upped.
Here's what I had on an M1 with one pair. Consequently, I have restarted the account with the corrected code.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
{quote} One little issue with the code and something I could only see live trading fast frame. Without properly defining the overall trend and having a wussy out on trend reversal, it goes into rapid fire trading. Piece of fucking shit! Anyways...Got it corrected and re-upped.
air. Consequently, I have restarted the account with the corrected code. {image}