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Falling Knives

  • #881
  • May 1, 2016 5:56pm May 1, 2016 5:56pm
2 questions.

1. Is anybody testing this live market (demo)?
2. Is anybody testing on a Non-Renko account?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #882
  • May 1, 2016 6:21pm May 1, 2016 6:21pm
Default TE for DRMA added to thread.
Myfxbook links for the 2 new traders:
Default
Increment
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #883
  • May 1, 2016 6:25pm May 1, 2016 6:25pm
Thanks very much Magix. At work at present but will set up a non-renko test when I get home.
  • #884
  • May 1, 2016 6:40pm May 1, 2016 6:40pm
Quoting spankworthy
Thanks very much Magix. At work at present but will set up a non-renko test when I get home.
Awesome.

Be interesting to see how it does in live market on a non-renko.

Won't try to steer you on the settings, but sticking with the default for lots on a non-renko chart will most likely provide something to watch all week.

Even renkofied, I'm not sure my increment trader will last the week.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #885
  • May 1, 2016 8:31pm May 1, 2016 8:31pm
Hi magix hope you are fine. I like to use Iresh2 licence version.
  • #886
  • Edited 11:17pm May 1, 2016 10:59pm | Edited 11:17pm
Quoting Magix
{quote} Awesome. Be interesting to see how it does in live market on a non-renko. Won't try to steer you on the settings, but sticking with the default for lots on a non-renko chart will most likely provide something to watch all week. Even renkofied, I'm not sure my increment trader will last the week.
Here is the link Magix:

https://www.myfxbook.com/portfolio/magix-drma/1612019

6 pairs on a A$1000 account ( I have faith). 0.01 increment and A$400 SL.
  • #887
  • May 2, 2016 1:15am May 2, 2016 1:15am
A new EA! YeY!

I'll remove the Iresh2 (although I kinda like it and use it for trend direction, very handy) and set up a new demo for this one.


Thanks.
  • #888
  • May 2, 2016 7:44am May 2, 2016 7:44am
Quoting IreshChathu
Hi magix hope you are fine. I like to use Iresh2 licence version.
I haven't decided how I want to do this yet.

Will work on it over the week.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #889
  • May 2, 2016 7:45am May 2, 2016 7:45am
Quoting spankworthy
{quote} Here is the link Magix: https://www.myfxbook.com/portfolio/magix-drma/1612019 6 pairs on a A$1000 account ( I have faith). 0.01 increment and A$400 SL.
Nothing showing, dude.

Is it still set to private?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #890
  • May 2, 2016 7:45am May 2, 2016 7:45am
Quoting Reamasesa
A new EA! YeY! I'll remove the Iresh2 (although I kinda like it and use it for trend direction, very handy) and set up a new demo for this one. Thanks.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #891
  • May 2, 2016 7:52am May 2, 2016 7:52am
This is where shit gets interesting and the reason why I have defaulted to same lot size for all trades.

GBPAUD triggered in Long trend.
Trend went out of range and EA understood it as a New Short trend and started trading shorts.
Price went back to Long Trend and the continuation of buys to try and level out for a profitable close.
Attached Image (click to enlarge)
Click to Enlarge Name: retrace.png Size: 118 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #892
  • May 2, 2016 7:57am May 2, 2016 7:57am
The same triggering of trends and changes can be viewed on GBPJPY as well and EURJPY is holding a few, but hasn't taken any longs against the overall short trend.

The Draw on default is about $85, take since market open is about $135...
On live, would you take the green net and walk away with a kewl $50 in your pocket?
Or Let the logic work?

Having watched how the first real runs went last week, typically only periods of consolidation built up any sizeable number of trades and draws...this was the incremental version on GA after a massive AUD exodus, but the eventual...after hitting into the draw for about $400, it closed all at profit.

Early in on the week and as I want to see how this plays out...just going to let it run.

On my own dough...I'd be taking gains as available.
Attached Image (click to enlarge)
Click to Enlarge Name: directional GA.png Size: 141 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #893
  • May 2, 2016 8:00am May 2, 2016 8:00am
DRMA on same pairs as posted earlier, on non renko:

Attached Image (click to enlarge)
Click to Enlarge Name: DRMA-1.png Size: 81 KB

Attached Image (click to enlarge)
Click to Enlarge Name: DRMA-GBPAUDM1.png Size: 151 KB


https://www.myfxbook.com/members/Go5...1mC21uXrrqSgk4
  • #894
  • May 2, 2016 8:10am May 2, 2016 8:10am
Quoting Go5
DRMA on same pairs as posted earlier, on non renko: {image} {image} https://www.myfxbook.com/members/Go5...1mC21uXrrqSgk4


Thanks for the myfxbook Link!

M1 chart...you should see a boat load of trades!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #895
  • May 2, 2016 8:18am May 2, 2016 8:18am
Quoting Magix
{quote} Thanks for the myfxbook Link! M1 chart...you should see a boat load of trades!
Sure thing, but until now (since this morning..) it's not harvesting like the FK, sort of miss that at the moment.
  • #896
  • May 2, 2016 8:27am May 2, 2016 8:27am
Quoting Go5
{quote} Sure thing, but until now (since this morning..) it's not harvesting like the FK, sort of miss that at the moment.
Which version?

Can work to re-code the triggering to a time chart using the primary triggers from FK.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #897
  • May 2, 2016 8:32am May 2, 2016 8:32am
Quoting Magix
{quote} Which version? Can work to re-code the triggering to an time chart using the primary triggers from FK.
The last one you posted, V7 I believe it was.
  • #898
  • May 2, 2016 8:36am May 2, 2016 8:36am
Quoting Go5
{quote} The last one you posted, V7 I believe it was.
Aight...

Give me a little time and I will get it worked out and posted.

Probably over the next day or 2.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #899
  • May 2, 2016 12:07pm May 2, 2016 12:07pm
Quoting Magix
{quote} Nothing showing, dude. Is it still set to private?
My apologies, yes it was set to private. Have now changed it. Looks like it already hit the SL but is still going. If/when it blows up I will be a bit more conservative.

https://www.myfxbook.com/members/Chi...x-drma/1612019
  • #900
  • May 2, 2016 12:57pm May 2, 2016 12:57pm
Quoting spankworthy
{quote} My apologies, yes it was set to private. Have now changed it. Looks like it already hit the SL but is still going. If/when it blows up I will be a bit more conservative. https://www.myfxbook.com/members/Chi...x-drma/1612019
No worries, dude.

One thing I should mention is that the SL like the TP is basket.

IF the sum of both longs and shorts hit either value, all trades are closed.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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