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Falling Knives

  • #1,741
  • Jun 19, 2016 5:50am Jun 19, 2016 5:50am
Quoting Go5
{quote} Try this one: {file}
Cheers dude, will try it out tonight
  • #1,742
  • Jun 19, 2016 7:58am Jun 19, 2016 7:58am
Quoting Magix
{quote} For shame, for shame... How can you compare apples to oranges if you've never had an orange? Much like a lot of the FF membership, I seriously don't want people to trust my word. More over, I typically don't really give a flying fuck what most people think. Reason being, I've been around to see the over woolen eyes of the average schlep at FF and their trading myths and habits. It really is kind of sad. Like this guy -> Hanover This fucking clown has something to say about almost everything...
...I fully agree with you, this russian guy was just permanently asking you and and you was very patient with him but he has nothing constructive contributed to the thread! I guess he never got to eat an orange - in every possible way...

Still nice Sunday, jdva
I never lose - either I win or I learn...
  • #1,743
  • Jun 19, 2016 8:06am Jun 19, 2016 8:06am
This weeks trading matrix.

X marking Days to Close due to High Impact News.

I won't have anything live in markets this week, but will keep the demos cooking, really...just for shitz n gigglez.

Tickmill has modified their margin requirements, but I'm not sure this applies to their demo accounts...I guess I will know soon enough!

The entire week, due to the change in margins will most likely see everything go a little batshit crazy, so for statistical purposes, I am not going to lend a lot to the week...some might do better, some may do worse and this in fact may collapse the accounts...but as it isn't a week that I'd be trading anyways, why count it for or against the logic of the EA?
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,744
  • Jun 19, 2016 9:11am Jun 19, 2016 9:11am
28 pair stats...last week there were a few moderate losers and 1 that looks a lot more ugly...

EURCHF.

It didn't trade a lot of days last week, but it sure wasn't happy when it did.

All honesty, I typically don't trade this pair...nor any other CHF pairs for that matter, so I am not entirely sure that it was just a bad week...or if this CHF just doesn't want to play by the rules. Really...with exception of EURUSD the only others that resulted in net loss on the week were the CHFs.
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Click to Enlarge Name: lws.png Size: 95 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,745
  • Jun 19, 2016 9:25am Jun 19, 2016 9:25am
[quote=Magix;8987575]28 pair stats...last week there were a few moderate losers and 1 that looks a lot more ugly... EURCHF. It didn't trade a lot of days last week, but it sure wasn't happy when it did. All honesty, I typically don't trade this pair...nor any other CHF pairs for that matter, so I am not entirely sure that it was just a bad week...or if this CHF just doesn't want to play by the rules. Really...with exception of EURUSD the only others that resulted in net loss on the week were the CHFs.
  • #1,746
  • Jun 19, 2016 9:28am Jun 19, 2016 9:28am
I think it wss the interest rate news that messed the chf up. I had one broker running chf pairs and one disabled. DD was ugly thanks to the chf pairs.
As for the otter account, I was glad I disabled them

That was my observation. What you think?
  • #1,747
  • Jun 19, 2016 10:24am Jun 19, 2016 10:24am
Quoting bgntrs
I think it wss the interest rate news that messed the chf up. I had one broker running chf pairs and one disabled. DD was ugly thanks to the chf pairs. As for the otter account, I was glad I disabled them That was my observation. What you think?

I think in my history of trading Forex, I've taken maybe 5 CHF trades...

I'd love to weigh in on this, but in all honesty, I have absolutely no idea why it traded like a complete piece of shit last week...

Trading unfiltered, it did a little better on recovering the losses of EURCHF, and even did a little better on the others, not finishing below water...but this still isn't enough for me to get all pumped about having this on a live account.

A single week, can't really be the teller for all future, but it will be worth watching over before I'm back with live trading on FKIC.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,748
  • Jun 19, 2016 10:31am Jun 19, 2016 10:31am
One of the other things that had occurred to me, was to write another EA to test for News Days. Something that recognizes the trend a little more efficiently and trades it to the immediate instead of to the day.

The idea is like this...

Instead of sitting out News days because they may have no apparent love for the daily trend, have user selection to either:
1. Sit them out - which we are currently doing.
2. Have the option to trade faster trend recognition...

I do have another little piece of code that I can work on for the High Impact News days, if it works out well enough, see if I can mill in the additional option for FKIC.

28 pairs in trade, 5 days a week is a little scary, but if I can confirm the logic and profit without greatly increasing the DD...this might be the very thing that FKIC needs to be 100% complete.

Shit...even just the 7 pair action trading the full week without this same issues would be welcome.



Will work on this over the next week and get it testing for NFP.

Don't think I will exactly knock it out of the park on the first trial, but if I can allow it to evolve the same way as was done with Falling Knives, a couple months down the road I may just have the most kick ass EA available...

Maybe even look to set it with auto news recognition days and then be pure set and forget...no more weekend matrix?

Juices are flowing....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,749
  • Jun 19, 2016 11:07am Jun 19, 2016 11:07am
Oh...and Happy Fathers day!

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,750
  • Edited 3:00pm Jun 19, 2016 1:28pm | Edited 3:00pm
Quoting Magix
{quote} I seriously don't want people to trust my word. More over, I typically don't really give a flying fuck what most people think.
Magix, do not take offence at my words. I know what you are doing is the serious thing. And I personally believe in what you are programming. No need to be so crytical. I myself believe that catching the falling knives can be profitable - you know it!

Quoting Magix
{quote} Don't believe me?
Why not? You might be right. But this is his problem. not ours, I suppose.

Quoting Magix
{quote} I am actually on more ignore lists than have subscribers.
Do you really need this? Do you really need having more subscribers (if I correctly understand you)?
I think you should not care about.

Quoting Magix
{quote}Amusing...isn't it?
not at all.

Quoting Magix
{quote}You suggest that a minimum $1k account per pair is necessary.
IMO.

Quoting Magix
{quote}I don't actually recall you asking for a license.
That is true. There are a bunch of reasons of mine.


Answer, please, what does it give you my personal having the licence for your EA ? is there a reason?

Quoting Magix
{quote}I lay a trail of breadcrumbs for others to find...in this, some have, some haven't...some will, some won't...
I know it, Magix. I know.

Quoting Magix
{quote}Now...I could post accounts, statistics, trade close averages and margin requirements that I work with...and you know what this is worth?
Yes, I know, it is worth.

Quoting Magix
{quote}Because nobody who has read this far has been or will be through market in the same analytics as I use.
That is why I called you for discussions. I am sure I could be helpful for a possible impact for your product. But you seem not to need this. I can understand it.

Quoting Magix
{quote}I don't think they should...there really is a lot more to life than watching moving dots on a screen and trying to sift through this shit...especially if the ground work has already been done.
Sure, you are right.

Quoting Magix
{quote}So...I say...unless you have tasted an orange, you probably shouldn't comment on their flavor
Ok. You might be right.
I will taste your Orange a little bit later.

Quoting Magix
{quote}Take the word of others.


Best
D.P.

Quoting jdva
{quote} ...I fully agree with you, this russian guy was just permanently asking you and and you was very patient with him but he has nothing constructive contributed to the thread! I guess he never got to eat an orange - in every possible way... Still nice Sunday, jdva


Best
D.P.
Hunting High and Low
  • #1,751
  • Jun 20, 2016 4:16pm Jun 20, 2016 4:16pm
Keeping my live accounts off for now, but on my demo 28 pairs test I am still running.
Was running all pairs today will close off all GBP, AUD, USD and EUR pairs for Tuesday.

Current Floating DD sitting at -540USD but profit not including Floating DD is sitting at +314USD, so net of -226USD DD if was to close out floating.
Lets see how she finishes up, I close trades using normal logic so it should minimize the DD and hopefully end in profit for the day.

Hope everyone is still having fun with this, I know I am.
Magix, you have been awfully quiet...
  • #1,752
  • Jun 20, 2016 5:11pm Jun 20, 2016 5:11pm
Quoting SpencerBizze
Hope everyone is still having fun with this
Absolutely !
"The needs of the many outweigh the needs of the few" - Spock
  • #1,753
  • Jun 20, 2016 10:48pm Jun 20, 2016 10:48pm
Hi Magix
will the ECB chair and Allen speech will have any impact on EA's performance? Are you closing EA in advance?
  • #1,754
  • Jun 21, 2016 9:32am Jun 21, 2016 9:32am
Quoting SpencerBizze
Magix, you have been awfully quiet...
Resisting Temptation is all...

The more I watch, the more I want in...so taking a little time away this week.

Unfortunately, my traders got a little fucked up when I left for the day yesterday and inadvertently clipped the surge protector hooked to my modem and router...so, with open trades, it was basically bagging them without protection or profit...by the time I finally noticed, it was already TK session.

Overall...just looks to be a bit of a blip on the radar, nothing serious...but kinda fucks my stats.

Oh well...New beginnings next week.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,755
  • Jun 21, 2016 9:35am Jun 21, 2016 9:35am
Quoting radadiya
Hi Magix will the ECB chair and Allen speech will have any impact on EA's performance? Are you closing EA in advance?
I have 2 accounts; 7 and 16 pairs that are wide open for trading. The 28 pair in test, has EUR and USD pairs filtered for today.
NO Live Accounts Running

Not going to be spending a lot of time watching these this week, will just be more interested to check back in after what could be complete carnage on Thursday.

Enjoy the week!

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,756
  • Jun 21, 2016 2:05pm Jun 21, 2016 2:05pm
quick Q magix

when on a certain pair, you have a set of sell orders open, only for the dragon to then start opening buy orders, is that usually a good enough indicator to close manually the sell orders that have been opened?
  • #1,757
  • Jun 21, 2016 4:04pm Jun 21, 2016 4:04pm
Quoting bgntrs
quick Q magix when on a certain pair, you have a set of sell orders open, only for the dragon to then start opening buy orders, is that usually a good enough indicator to close manually the sell orders that have been opened?
Typically...Yes.

If you go through your historical trades on FKIC and see how well it does by way of directional changes and closing, you can see that if it starts to buy, you most likely don't want to be selling.

I think it was Reamasesa that used one of the previous versions in live trading for helping to decide trend.

The definition of the trend and triggering has been consistent with all versions, only the exiting logic has evolved.

If you don't want to see a lot of trades or are worried about Draw Down on your account, exit the positions whenever you aren't necessarily in agreement, but almost definitely when FKIC decides it's time to look for another direction.

There will be some days when the channel is narrow and the range is weak. Inside of these, a directional shift is valid by the definition of trend in the logic, but may not offer enough range for prosperity. These ones can make small profits or losses, depending on the speed of price. Not a lot of these days, but they are out there.

Treat the logic like the logic treats the market. Prospering when it can and cutting losses when it can't.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,758
  • Jun 21, 2016 4:13pm Jun 21, 2016 4:13pm
Quoting Magix
{quote} Typically...Yes. If you go through your historical trades on FKIC and see how well it does by way of directional changes and closing, you can see that if it starts to buy, you most likely don't want to be selling. I think it was Reamasesa that used one of the previous versions in live trading for helping to decide trend. The definition of the trend and triggering has been consistent with all versions, only the exiting logic has evolved. If you don't want to see a lot of trades or are worried about Draw Down on your account, exit the positions...
thanks magix
  • #1,759
  • Jun 21, 2016 5:46pm Jun 21, 2016 5:46pm
Quoting bgntrs
{quote} thanks magix

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,760
  • Jun 22, 2016 9:14am Jun 22, 2016 9:14am
Quoting bgntrs
{quote} thanks magix
Speaking of the Dragon...

Here is one of those exceptional situations.

The area in the red circle was a retrace on trend, but just narrowly missed the primary triggering for longs.

This would be a lot more ugly, if we were still attempting to continue in the sell cycle, but as the trend recognition in triggering has now defined a long cycle, no more shorts will be added.

With this week...hard to say how this will turn out, but definitely happy to say, sidelines for me is a fantastic position this week.
Attached Image (click to enlarge)
Click to Enlarge Name: dang.png Size: 153 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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