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Falling Knives

  • #1,701
  • Jun 16, 2016 7:41am Jun 16, 2016 7:41am
Quoting Magix
{quote} The restrict trading hours has to be what caused the gap in chart. I can't see the clock on your terminal. {image}
Yep.
So you are saying that restrict trading is not ready for production because of this issue ? Which clock ?
"The needs of the many outweigh the needs of the few" - Spock
  • #1,702
  • Jun 16, 2016 7:48am Jun 16, 2016 7:48am
Quoting Johnhere
{quote} Yep. So you are saying that restrict trading is not ready for production because of this issue ? Which clock ?
The version you are running, has some issues with the clock which has been established.

I don't believe that this is what caused the failure of trades on your chart, because I don't have access to enough information to make this judgement.

The revised version, would have to be tested by the same measures you are using, but there is no reason for me to believe that it would have any issues, with exception to say, user misunderstanding.

If trades have been taken and the trades fall into restricted time, no further trades will take place.
Then it is up to the selected logic of closing either at the restricted time or under normal logic that will be engaged.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,703
  • Jun 16, 2016 8:15am Jun 16, 2016 8:15am
Quoting Magix
{quote} If trades have been taken and the trades fall into restricted time, no further trades will take place. Then it is up to the selected logic of closing either at the restricted time or under normal logic that will be engaged.
So for my understanding outside restricted time there will be no increments added to achieve closing all under normal logic ? In that case when price is moving away more and more we stay behind with some orphans at that point.. Talking about this 2 July version...
"The needs of the many outweigh the needs of the few" - Spock
  • #1,704
  • Jun 16, 2016 8:30am Jun 16, 2016 8:30am
Quoting Johnhere
{quote} So for my understanding outside restricted time there will be no increments added to achieve closing all under normal logic ? In that case when price is moving away more and more we stay behind with some orphans at that point.. Talking about this 2 July version...
Correct.

If the trade time restrictions are in place, no new trades will be added and the open trades will just be managed to the point of closing under one of the multiple closing logics.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,705
  • Jun 16, 2016 8:55am Jun 16, 2016 8:55am
Quoting Magix
{quote} Correct. If the trade time restrictions are in place, no new trades will be added and the open trades will just be managed to the point of closing under one of the multiple closing logics.
Ok thanks for this lesson.
"The needs of the many outweigh the needs of the few" - Spock
  • #1,706
  • Jun 16, 2016 9:46am Jun 16, 2016 9:46am
Quoting Johnhere
{quote} Ok thanks for this lesson.
The other thing to maybe keep in mind with this style of closing...

You can tighten up your stop loss depending on the number of trades...throttle back from the Default $1000 when you see that your session has closed and you are only running with a couple of trades...reset it after for the following session.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,707
  • Jun 16, 2016 10:33am Jun 16, 2016 10:33am
Quoting Magix
{quote} Dragon went into a free fall of sorts after the initiation of some long trades on my terminal(s). 400 pip move to downside that not even the Drag the Dead could save...fortunately and unfortunately...there's still a StopLoss in place. Figured it'd be a bit of a rough week... {image}
Thx... as you may notice, everything went very well today and I'm very satisfied with the history of this week and my trading running 24/6 without any interruptions on 11 pairs, account equity is very near to the balance, unfortunately demoing...

Attached Image (click to enlarge)
Click to Enlarge Name: Iresh 06-16.png Size: 40 KB


Happy pipping and nice weekend to all, jdva
I never lose - either I win or I learn...
  • #1,708
  • Jun 16, 2016 10:47am Jun 16, 2016 10:47am
Coming into the close of week and the following being kind of a big deal and all...that whole Brexit thang...

A lot of brokers have adjusted their margin requirements, throttling these to the almost inverse obscene as they have afforded. These situations will not play well with the recommended account start sizes and the default settings of FKIC.

Best bet...if you are working with a live account on FKIC, my recommendation is to close down any open trades prior to market closing bells and turn off the EA.

I don't know if the margin restrictions will change on Demo accounts, so these might still be a little fun to watch, but there is no good solid reason to be attempting live funds on any strategy when even the brokers are battening down the hatches and prepping for some serious turbulence.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,709
  • Jun 16, 2016 10:53am Jun 16, 2016 10:53am
Quoting jdva
{quote} Thx... as you may notice, everything went very well today and I'm very satisfied with the history of this week and my trading running 24/6 without any interruptions on 11 pairs, account equity is very near to the balance, unfortunately demoing... {image} Happy pipping and nice weekend to all, jdva

Looks good and even though it was only in demo mode, you can at least get an idea behind the trading and logic.

Testing any new system, especially with cost averaging and increasing lots, will take some time to get used to.

Even after next weeks Brexit stuffs, there is still a chance that some reaction will be leaking for a little while longer creating situations where sitting out of market may be the best plan.

If a penny saved is a penny earned, you may not have advanced your account, but you haven't set it back any either. Let's keep it that way until the next week is out of the way and work on moving forward from there.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,710
  • Edited 1:22pm Jun 16, 2016 10:55am | Edited 1:22pm
Quoting Magix
Coming into the close of week and the following being kind of a big deal and all...that whole Brexit thang... A lot of brokers have adjusted their margin requirements, throttling these to the almost inverse obscene as they have afforded. These situations will not play well with the recommended account start sizes and the default settings of FKIC. Best bet...if you are working with a live account on FKIC, my recommendation is to close down any open trades prior to market closing bells and turn off the EA. I don't know if the margin restrictions will...
Roger that I shutdown Live as well. It is going to be a boring week. But Demo continuous. Looking forward to '''normal''' trading weeks.
"The needs of the many outweigh the needs of the few" - Spock
  • #1,711
  • Jun 16, 2016 12:15pm Jun 16, 2016 12:15pm
My G-prime account took a big hit on EJ and GJ, 47% down and another GJ still in the battle with -1600pips, but that one will come to sense later I think
  • #1,712
  • Jun 16, 2016 2:12pm Jun 16, 2016 2:12pm
Quoting Go5
My G-prime account took a big hit on EJ and GJ, 47% down and another GJ still in the battle with -1600pips, but that one will come to sense later I think
Is the day on your broker set to NY roll over?

Pretty serious day for price movement...not your standard whipsaws, to be sure!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,713
  • Jun 16, 2016 3:44pm Jun 16, 2016 3:44pm
Quoting Magix
{quote} Is the day on your broker set to NY roll over? Pretty serious day for price movement...not your standard whipsaws, to be sure!
Let's see... G.Prime has GMT +3 and it is "summer" so yes...
That account made it to -73% today, lol.
On another live account with a few selected pairs + 3.9% was achieved but only after some heavy DD
Constantly watching the %Margin (went deep under a 1000%) and switching off inactive pairs while another like EA was recovering in order to preserve some real estate...
Guess it's a matter of getting used to just as anything else in trading.
  • #1,714
  • Jun 16, 2016 7:40pm Jun 16, 2016 7:40pm
Quoting Go5
{quote} Let's see... G.Prime has GMT +3 and it is "summer" so yes... That account made it to -73% today, lol. On another live account with a few selected pairs + 3.9% was achieved but only after some heavy DD Constantly watching the %Margin (went deep under a 1000%) and switching off inactive pairs while another like EA was recovering in order to preserve some real estate... Guess it's a matter of getting used to just as anything else in trading.

Like a fucking nightmare, hey?

lol

Welcome to Less = More.

Anybody else running full daily filter on 28 or less pairs?

This is what my 28 pair trader looks like on the week...nothing huge, but given the week and it's challenges, not that bad...
Attached Image (click to enlarge)
Click to Enlarge Name: lim.png Size: 44 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,715
  • Jun 17, 2016 12:04am Jun 17, 2016 12:04am
Quoting jdva
{quote} Thx... as you may notice, everything went very well today and I'm very satisfied with the history of this week and my trading running 24/6 without any interruptions on 11 pairs, account equity is very near to the balance, unfortunately demoing... {image} Happy pipping and nice weekend to all, jdva
Hey Jdva, where can I get that reporting indicator?
Do you mind sharing, does that max DD include floating DD or only realized DD?
Need a tool to show what the max floating DD is.
  • #1,716
  • Jun 17, 2016 1:31am Jun 17, 2016 1:31am
Quoting SpencerBizze
{quote} Hey Jdva, where can I get that reporting indicator? Do you mind sharing, does that max DD include floating DD or only realized DD? Need a tool to show what the max floating DD is.
Yes...one shouldn't count one's chicken before they're hatched...got stopped out on GJ last night, fortunately demoing...
Magix was totally right !

here you go, SpencerBizze:

Attached File(s)
File Type: mq4 EquityBalancePlot.mq4   14 KB | 370 downloads
I never lose - either I win or I learn...
  • #1,717
  • Jun 17, 2016 2:02am Jun 17, 2016 2:02am
Quoting jdva
{quote} Yes...one shouldn't count one's chicken before they're hatched...
"The needs of the many outweigh the needs of the few" - Spock
  • #1,718
  • Jun 17, 2016 3:18am Jun 17, 2016 3:18am
Magix, please allow a question:

Is there any additional protection mechanism-apart form the normal SL in settings-included in the EA? As you may see in the attached pic, EA closed all AU positions with a loss of 388 pips:

Attached Image (click to enlarge)
Click to Enlarge Name: Iresh AU.png Size: 54 KB
I never lose - either I win or I learn...
  • #1,719
  • Jun 17, 2016 5:23am Jun 17, 2016 5:23am
Quoting jdva
Magix, please allow a question: Is there any additional protection mechanism-apart form the normal SL in settings-included in the EA? As you may see in the attached pic, EA closed all AU positions with a loss of 388 pips: {image}
The final version of the EA that is written has 9 separate pieces of logic to close the trades, including the Stop Loss value.

There are 3 triggering methods for opening these trades with a new optional filter for allowing the Daily candle as a filter.

Besides these, there is the User option for daily filter and time/session filter.

The wussy close, which was active in the exit of short trades here, has been made optional...as in, it could have exited where yours did or continue to try and cost average out these trades.

If there is anything inside of all of this that I missed, I'm not terribly sure what it would be.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,720
  • Jun 17, 2016 5:30am Jun 17, 2016 5:30am
Sitting out the currencies with high impact news and closing all trades using normal logic hasn't been as crazy as attempting to trade out everything...but even on a somewhat lackluster day like today, isn't doing that bad.

Sending your hard earned cash into battle on the days with the highest probability of success definitely has something to say for itself.
Attached Image (click to enlarge)
Click to Enlarge Name: 28 filtered.png Size: 39 KB
Attached Image
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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