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FREE EA - Zig and Zag (FIFO Compliant Yay!)

  • #21
  • May 6, 2016 9:05am May 6, 2016 9:05am
Quoting keydcuk
{quote} The settings are the best I could get them on a 5min chart for the GBPJPY. I am still in development stage to make improvements so once you understand what it does, you can play around with the settings if you will to see if you can find something that works better than what I have tested already. The main goal at the moment is to find out if there is a condition that can stop this EA from taking the bad trades without affecting the good ones that it already makes. I believe this can be done but I think this will be achieved quicker with...
Congratulations friend for more this job ... I have not tested the EA, but I think to answer your question is to put a higher TF ... H4, D1 or even weekly ... Who can do tests with these TFs think it will be successful. The big problem is that most friends do not have patience to wait and do testing and testing. The operator is anxious for results and see the EA work, so it is testing with TF M5, M15 .....

just like friend, you explain each parameter EA if possible.

congratulations!!! and be with God
  • #22
  • May 6, 2016 9:53am May 6, 2016 9:53am
Quoting mickael58
{quote} ok thanks keydcuk, next week I find, on what time frame I have to load it?
It's default settings are for the 5 min TF but feel free to experiment.
  • #23
  • May 6, 2016 9:57am May 6, 2016 9:57am
Quoting Carneiro
{quote} Congratulations friend for more this job ... I have not tested the EA, but I think to answer your question is to put a higher TF ... H4, D1 or even weekly ... Who can do tests with these TFs think it will be successful. The big problem is that most friends do not have patience to wait and do testing and testing. The operator is anxious for results and see the EA work, so it is testing with TF M5, M15 ..... just like friend, you explain each parameter EA if possible. congratulations!!! and be with God
Because I haven't altered the indicator settings, I feel this works best in a 5 min TF. I have tried other TFs but the experimenting is not over. This is less of a fully finished EA but am looking for collaborative ideas to reduce the amount of losers it takes.

As for the settings, they are explained in post 1.

Lookback candles START & END are simply the range of candles where it looks for a signal. There is the (3) of the ZZ Semafor which indicates your highest high or your lowest low. The other indicator works of ZZ as well but I am looking for a crossover similar to what you would be doing with MA crossover.

Cheers!

Daniel
  • #24
  • May 6, 2016 11:11am May 6, 2016 11:11am
Quoting keydcuk
{quote} Because I haven't altered the indicator settings, I feel this works best in a 5 min TF. I have tried other TFs but the experimenting is not over. This is less of a fully finished EA but am looking for collaborative ideas to reduce the amount of losers it takes. As for the settings, they are explained in post 1. Lookback candles START & END are simply the range of candles where it looks for a signal. There is the (3) of the ZZ Semafor which indicates your highest high or your lowest low. The other indicator works of ZZ as well but I am...
Can you show by way of a chart with the 2 indicators a visual example how the entry and exits are executed? Your description in post 1 is not clear. Thanks.
  • #25
  • May 6, 2016 11:18am May 6, 2016 11:18am
Quoting keydcuk
{quote} Because I haven't altered the indicator settings, I feel this works best in a 5 min TF. I have tried other TFs but the experimenting is not over. This is less of a fully finished EA but am looking for collaborative ideas to reduce the amount of losers it takes. As for the settings, they are explained in post 1. Lookback candles START & END are simply the range of candles where it looks for a signal. There is the (3) of the ZZ Semafor which indicates your highest high or your lowest low. The other indicator works of ZZ as well but I am looking...
I started testing the TF H4 ... made a NZDUSD BUY,,, entry next week I will be testing the 28 pairs ... I would just uam question,,, we have a STOP 60 pips,,, where we put the TP?

NOTE: I see you have very good willingness to help,,, also'm so ... I would like next week spend some ideas for you to build an EA with W1 and D1 directions ...

Thank you and one weekend a lot of Light and Peace.
  • #26
  • May 6, 2016 11:28am May 6, 2016 11:28am
Quoting skyway
{quote} Can you show by way of a chart with the 2 indicators a visual example how the entry and exits are executed? Your description in post 1 is not clear. Thanks.
Start a backtest. Pause it. Load the indicators. Then continue the test. And you will see how the EA behavies.
  • #27
  • May 6, 2016 11:32am May 6, 2016 11:32am
Quoting Carneiro
{quote} I started testing the TF H4 ... made a NZDUSD BUY,,, entry next week I will be testing the 28 pairs ... I would just uam question,,, we have a STOP 60 pips,,, where we put the TP? NOTE: I see you have very good willingness to help,,, also'm so ... I would like next week spend some ideas for you to build an EA with W1 and D1 directions ... Thank you and one weekend a lot of Light and Peace.
Everything is very well explained in post 1. There is no TP. The order will close at opposite signal. The stoploss is for safety purposes and also to minimize the DD.
  • #28
  • May 6, 2016 1:01pm May 6, 2016 1:01pm
I don't know if i hacked the backtest, but putting a trail stop of 10 and TF H4 or D1 make it profitable for all pairs with minimal DD (tested using control points from 2015 till today), is 10 = point or pip?
  • #29
  • May 6, 2016 1:06pm May 6, 2016 1:06pm
Quoting ydem
I don't know if i hacked the backtest, but putting a trail stop of 10 and TF H4 or D1 make it profitable for all pairs with minimal DD (tested using control points from 2015 till today), is 10 = point or pip?
That's what I mean
  • #30
  • May 6, 2016 1:13pm May 6, 2016 1:13pm
Hi Daniel,

quick test on default settings at DE30 1M
period 21/April-April
DD 4,3 %
account USD 10k

Looks nice, but i think that if i close trades manually with higher profit results would be better. Thanks for Your EA. Will be testing on 5M as well.
Attached Image (click to enlarge)
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  • #31
  • May 6, 2016 1:29pm May 6, 2016 1:29pm
Mine doesn't seem to want to play....
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So many in the Commercial section want to make me rich! :o
  • #32
  • Edited 2:17pm May 6, 2016 2:06pm | Edited 2:17pm
Trail Stop = 10, Stop Loss = 30, Added in code to change lot size depending on equity (but still buggy or not sure why it change between 0.01 and the respective lotsize), and got this on GBPJPY H4 from 2015.01.01 till 2016.05.05

Edit : Oops, funny just checked the journal, i only changed the part of code that does a buy
Attached Image (click to enlarge)
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  • #33
  • May 6, 2016 2:15pm May 6, 2016 2:15pm
Quoting ydem
Trail Stop = 10, Stop Loss = 30, Added in code to change lot size depending on equity (but still buggy or not sure why it change between 0.01 and the respective lotsize), and got this on GBPJPY H4 from 2015.01.01 till 2016.05.05 {image}
Try using ticks
So many in the Commercial section want to make me rich! :o
  • #34
  • May 6, 2016 2:26pm May 6, 2016 2:26pm
Here's with both Sell and Buy changing lot size +0.01 every 100$ starting from 0.01, DD = 5.57% (561.56)

Will test with Ticks, see you until next year... so slow with ticks
Attached Image (click to enlarge)
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  • #35
  • May 6, 2016 2:37pm May 6, 2016 2:37pm
haha it is so slow!! see you in 300 years

We should each test a year and then compare.

I too added this cheeky line: LOT_SIZE = (MathRound((AccountFreeMargin())/100)/100);
So many in the Commercial section want to make me rich! :o
  • #36
  • May 6, 2016 2:40pm May 6, 2016 2:40pm
In fact, if we can change the code to use the 4hour period we can set the time on the tester to 1min and use control points, this would increase resolution but not be as slow as ticks.
So many in the Commercial section want to make me rich! :o
  • #37
  • May 6, 2016 3:08pm May 6, 2016 3:08pm
Ive just tested the theory and it looks like as you go down it resolution it appears to get more random as you reduce...
So many in the Commercial section want to make me rich! :o
  • #38
  • May 6, 2016 7:57pm May 6, 2016 7:57pm
Quoting skyway
{quote} Can you show by way of a chart with the 2 indicators a visual example how the entry and exits are executed? Your description in post 1 is not clear. Thanks.
Sorry, maybe this was clearer in my mind when I did post 1. Please bear in mind that the 3 Level ZZ Semafor repaints as it makes higher highs or lower lows.

I attached this screenshot and hopefully it will be a bit clearer. Let me know if you still don't get it.

Cheers!

Daniel
Attached Image (click to enlarge)
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  • #39
  • May 6, 2016 8:06pm May 6, 2016 8:06pm
Quoting Carneiro
{quote} I started testing the TF H4 ... made a NZDUSD BUY,,, entry next week I will be testing the 28 pairs ... I would just uam question,,, we have a STOP 60 pips,,, where we put the TP? NOTE: I see you have very good willingness to help,,, also'm so ... I would like next week spend some ideas for you to build an EA with W1 and D1 directions ... Thank you and one weekend a lot of Light and Peace.
The stop loss condition is there for trades that execute badly. The TP condition is already set by saying that the EA trades from low semafor (3) to high semafor (3) on buy trades and high semafor (3) to low semafor (3) on sell trades with the added condition of the streamZZ indicator that blue crosses orange downwards to close the buy trade and upwards to close the sell trade. Now that I have a screenshot in my previous post, it is more evident of what I am saying. However if you wish, you can use the trailing stop to close out orders earlier than when the close conditions would take place but I have not found it successful in my own testing to close out trades early. I have left this option on in case someone can prove a use for it. This is why I have left the trailing stop default setting to "0"

If you have ideas on a trade system, message it to me clearly stating what you would like and I will try to build it for you. I know you are keen on this W1, D1 idea and I think you mentioned H4. I am sorry I have struggled to understand what it is you want out of your trading method. Yes, I am happy to help. I got a lot of time on my hands and a lot of time for anybody who thinks they got a winning strategy to be programmed on their hands.

Thanks,

Daniel
  • #40
  • May 6, 2016 8:10pm May 6, 2016 8:10pm
Quoting ydem
I don't know if i hacked the backtest, but putting a trail stop of 10 and TF H4 or D1 make it profitable for all pairs with minimal DD (tested using control points from 2015 till today), is 10 = point or pip?
Hmmmm.... I have tried this and it is not profitable at all. What broker are you using? I noticed that with my Tallinex account, my backtesting produces false positives. It makes things look more successful that it actually is. This is why my main testing MT4 is Global Prime.
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