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Elite : automation of selected systems

  • #241
  • Mar 19, 2016 2:59pm Mar 19, 2016 2:59pm
A friend draw my attention to a system shared by Paulus back in 2008 EOD -1 day hold .

I went through the thread and it seems to have merits.

Here are the best rules I found on a chart posted by Paulus .


Attached Image (click to enlarge)
Click to Enlarge Name: EOD 1 day hold.jpg Size: 83 KB



What do to think ?
No guts, no glory
  • #242
  • Mar 19, 2016 3:08pm Mar 19, 2016 3:08pm
I played around with the system with mixed results. However, I definitely would like to
see an EA developed, since it would eliminate the time required to go through multiple
charts.
  • #243
  • Mar 19, 2016 3:16pm Mar 19, 2016 3:16pm
Quoting ChicagoRob
I played around with the system with mixed results. However, I definitely would like to see an EA developed, since it would eliminate the time required to go through multiple charts.
I was thinking ...
instead of open and close on same day,
we open 2 positions, one we close at end of day, and keep the other until a new adx signal appear.
this way we can have our daily bread with the first position, and ride the trend longer with the second position.
and during the trend lifetime those remaining positions should accumulate good profit.
No guts, no glory
  • #244
  • Mar 19, 2016 8:35pm Mar 19, 2016 8:35pm
Quoting abokwaik
{quote} I was thinking ... instead of open and close on same day, we open 2 positions, one we close at end of day, and keep the other until a new adx signal appear. this way we can have our daily bread with the first position, and ride the trend longer with the second position. and during the trend lifetime those remaining positions should accumulate good profit.
Like it
  • #245
  • Mar 20, 2016 5:03am Mar 20, 2016 5:03am
Quoting abokwaik
{quote} I was thinking ... instead of open and close on same day, we open 2 positions, one we close at end of day, and keep the other until a new adx signal appear. this way we can have our daily bread with the first position, and ride the trend longer with the second position. and during the trend lifetime those remaining positions should accumulate good profit.
good idea, Khalil...I think this is a made-to-measure strategy/system for EAs!
I never lose - either I win or I learn...
  • #246
  • Mar 20, 2016 5:08am Mar 20, 2016 5:08am
Quoting abokwaik
{quote} I was thinking ... instead of open and close on same day, we open 2 positions, one we close at end of day, and keep the other until a new adx signal appear. this way we can have our daily bread with the first position, and ride the trend longer with the second position. and during the trend lifetime those remaining positions should accumulate good profit.
Definitely sounds like an improvement.
  • #247
  • Mar 20, 2016 5:11am Mar 20, 2016 5:11am
Quoting abokwaik
{quote} I was thinking ... instead of open and close on same day, we open 2 positions, one we close at end of day, and keep the other until a new adx signal appear. this way we can have our daily bread with the first position, and ride the trend longer with the second position. and during the trend lifetime those remaining positions should accumulate good profit.
  • #248
  • Mar 20, 2016 6:38am Mar 20, 2016 6:38am
This is a testing EA for EOD system.

Use reset button to default to original rules.
Back test results are not encouraging.

Attached Image (click to enlarge)
Click to Enlarge Name: adx_1.PNG Size: 41 KB


This is a test on EUR/USD 2010 to 2016 Daily, used modified settings (displayed on chart)

Attached Image (click to enlarge)
Click to Enlarge Name: adx_test_2010_2016.PNG Size: 83 KB
Attached File(s)
File Type: ex4 KA_ADX_01.ex4   16 KB | 489 downloads
No guts, no glory
  • #249
  • Mar 20, 2016 6:54am Mar 20, 2016 6:54am
Don't get deceived by the profit amount.
All profit (105K) was generated in the first third of the testing period (Jan, 2010 to May, 2012), compared to only 2K profit in the following 4 years.

Attached Image (click to enlarge)
Click to Enlarge Name: adx_test_2010_2016_notes.PNG Size: 86 KB
No guts, no glory
  • #250
  • Mar 20, 2016 6:58am Mar 20, 2016 6:58am
Any way the EA is available for testing using different settings on different pairs and time frames.
If you find something worthy, your are welcome to share.
No guts, no glory
  • #251
  • Mar 20, 2016 7:33am Mar 20, 2016 7:33am
Quoting abokwaik
Any way the EA is available for testing using different settings on different pairs and time frames. If you find something worthy, your are welcome to share.
Hi Abo,
Do you have time to modify the engulfer EA as we discussed this week?
TX
S
  • #252
  • Mar 20, 2016 8:08am Mar 20, 2016 8:08am
Quoting sbenichou1
{quote} Hi Abo, Do you have time to modify the engulfer EA as we discussed this week? TX S
I am on it now. :nerd:
No guts, no glory
  • #253
  • Mar 20, 2016 8:16am Mar 20, 2016 8:16am
Quoting abokwaik
{quote} I am on it now. :nerd:
😀
  • #254
  • Mar 20, 2016 8:20am Mar 20, 2016 8:20am
Quoting sbenichou1
{quote} Hi Abo, Do you have time to modify the engulfer EA as we discussed this week? TX S
I am confused about SL, you said SL for a Buy would be below the High of the engulfed candle.
If so how many pips below the high ?
Or maybe we can use the fib retrace of 76% (or other%) on the engulfer candle itself for SL ?
No guts, no glory
  • #255
  • Mar 20, 2016 10:16am Mar 20, 2016 10:16am
Another point sbenichou,

After how many candles we disregard the entry if price didn't retrace.
No guts, no glory
  • #256
  • Mar 20, 2016 11:40am Mar 20, 2016 11:40am
Quoting abokwaik
{quote} I am confused about SL, you said SL for a Buy would be below the High of the engulfed candle. If so how many pips below the high ? Or maybe we can use the fib retrace of 76% (or other%) on the engulfer candle itself for SL ?
I I meant the low of the engulfing
  • #257
  • Mar 20, 2016 11:41am Mar 20, 2016 11:41am
Quoting abokwaik
Another point sbenichou, After how many candles we disregard the entry if price didn't retrace.
maybe we should set this as a variable
  • #258
  • Mar 20, 2016 2:55pm Mar 20, 2016 2:55pm
Quoting abokwaik
{quote} Hi dafa, Here is a new version with editable trade comment to facilitate testing comparison. Kindly share your findings with us here. Regards, Khalil {file}
Great, thank you, I will test it. I have still the same setting I shared in the past. Just I use minimum trade distance as new feature because it's very helpful for better drawdown. And it's really profitable strategy&EA on my live accounts. The best I have ever used..I think we can more concentrate on this EA because I tested other EAs from you and I think no EA works so good as this one.. But maybe I didn't find good setting for other EAs..

And I use this EA only for H1. Other TFs are not so good in my tests.

I would like to try it on shares and commodities but I haven't good data for BT.:-/
  • #259
  • Mar 20, 2016 3:04pm Mar 20, 2016 3:04pm
Quoting dafa
{quote} Great, thank you, I will test it. I have still the same setting I shared in the past. Just I use minimum trade distance as new feature because it's very helpful for better drawdown. And it's really profitable strategy&EA on my live accounts. The best I have ever used..I think we can more concentrate on this EA because I tested other EAs from you and I think no EA works so good as this one.. But maybe I didn't find good setting for other EAs.. And I use this EA only for H1. Other TFs are not so good in my tests. I would like to try it...
I agree tooOne of the best ea.We just find a way to avoid dangerous trades like last week on eurcad with 17h down without any pullback. The ea entered 3 longs and lost 150 pts on each!!!Anyway very good job, thank you AndS
  • #260
  • Mar 21, 2016 3:30am Mar 21, 2016 3:30am
Quoting sbenichou1
{quote} I agree tooOne of the best ea.We just find a way to avoid dangerous trades like last week on eurcad with 17h down without any pullback. The ea entered 3 longs and lost 150 pts on each!!!Anyway very good job, thank you AndS
Hi, what date on EURCAD do you mean? ECB or FED day? If yes I am out of the market with EA these days.
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