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  • #101
  • Jun 27, 2016 5:16am Jun 27, 2016 5:16am
Quoting 21vs7
{quote} seems good prospect but still very big DD for one pair..in portfolio trading that would be disastrious? can you explain your logic behind trading in ruff picture perhaps
You are right (as usual ) as i´m not finished with coding, it might be too early to publish the exact entry exit trigger, don´t want to confuse someone.
basically it used different trigger on entry / adding / exit. Due to drawdown i have sharpened the entry conditions again.

Entry: Line direction of Money-flow-index on daily TF, candle close on 4h TF
Adding: Trigger on grid but if there is no trigger signal for 2times grid range it will add.
Exit: Line direction of M-F-I or Exit condition not reached
just do it
  • #102
  • Jun 27, 2016 6:05am Jun 27, 2016 6:05am
Adjusted once again Version 4
better profit factor, lower drawdown.

actually testing Version 5 which has 3 different exit triggers.
Attached Image (click to enlarge)
Click to Enlarge Name: euraudv4.jpg Size: 533 KB
just do it
  • #103
  • Jun 27, 2016 6:21am Jun 27, 2016 6:21am
Quoting thodie
actually testing Version 5 which has 3 different exit triggers.
Big Strides in the right direction, brother!

Where we used to focus on entries, spending a little time focusing on exits is equally if not more important.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #104
  • Jun 27, 2016 6:24am Jun 27, 2016 6:24am
Quoting thodie
{quote} You are right (as usual ) as im not finished with coding, it might be too early to publish the exact entry exit trigger, dont want to confuse someone. basically it used different trigger on entry / adding / exit. Due to drawdown i have sharpened the entry conditions again. Entry: Line direction of Money-flow-index on daily TF, candle close on 4h TF Adding: Trigger on grid but if there is no trigger signal for 2times grid range it will add. Exit: Line direction of M-F-I or Exit condition not reached
im 33% right only mate

MFI is interesting indicator, but let me ask you why would you pick MFI and not RSI?
Do you have any firm ground that volumes from your broker are legit for you to act upon?

why you need grid for? ..does this better your results substantially? - do you talk that you split 1 lot on 4x.25 with lets say 2x 15m atr 100 difference down or up the grid depending on the direction you want to trade?

with no clear RR before hand, or at least with no clear SL your potential DD is vely vely big
  • #105
  • Jun 27, 2016 6:27am Jun 27, 2016 6:27am
Quoting Magix
{quote} Big Strides in the right direction, brother! Where we used to focus on entries, spending a little time focusing on exits is equally if not more important.
Hi magix,

absolutely! here is the screen of Version 5, a step in the right direction.

dd smaller now ~10% started with 21%
little less profit factor than V4
little less profit than V4
but overall shorter average trade duration which is also an important factor.
Attached Image (click to enlarge)
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just do it
  • #106
  • Jun 27, 2016 6:35am Jun 27, 2016 6:35am
Quoting thodie
little less profit than V4 but overall shorter average trade duration which is also an important factor.
Yup.

Reducing market exposure pays off where waiting for that couple extra bucks on the backside can easily cost you grandly.

Looks like a static grid you are working here, Thodie.

Those fuckers always scare me...but if playing by the day and you have a large enough range, can be all good.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #107
  • Jun 27, 2016 6:41am Jun 27, 2016 6:41am
Quoting 21vs7
{quote} im 33% right only mate MFI is interesting indicator, but let me ask you why would you pick MFI and not RSI? Do you have any firm ground that volumes from your broker are legit for you to act upon? why you need grid for? ..does this better your results substantially? - do you talk that you split 1 lot on 4x.25 with lets say 2x 15m atr 100 difference down or up the grid depending on the direction you want to trade? with no clear RR before hand, or at least with no clear SL your potential DD is vely vely big
RSI would be possible too - MFI tends to oscillate a bit more in choppy market environment, which fits better to the trigger section.
I tend to code my experts as flexible as possible, goal is the experts should have some triggers to adapt to the actual market.

I´m no friend of fixed TP, fixed SL, Trailing stop. How can some fixed values work long term in a random market?
The ATR is a calculation into the past not into the future. Which means it can fail with the next candle.
just do it
  • #108
  • Jun 27, 2016 7:06am Jun 27, 2016 7:06am
Quoting thodie
{quote} RSI would be possible too - MFI tends to oscillate a bit more in choppy market environment, which fits better to the trigger section. I tend to code my experts as flexible as possible, goal is the experts should have some triggers to adapt to the actual market. Im no friend of fixed TP, fixed SL, Trailing stop. How can some fixed values work long term in a random market? The ATR is a calculation into the past not into the future. Which means it can fail with the next candle.
ok, just saying that probably RSI should be better choice also for backtesting purpose as it does not use volumes which are very controversial in mt4 and fx in general

to have a stand that random market is what we have to deal with... it is probably better for you/us both to deploy our time to some other stuff/hobby/business.

ya, dont like fixed stuff myself also...probably the best solution is ATR, at least what i have in my mind till latest day. Why? ...ATR as you said is the latest movement of particular pair. with usdchf and gbpjpy there is a difference in both of the beasts and ATR fully ackknowledge this...
with all that said...probably the weakest decision is to have no SL?
  • #109
  • Jun 27, 2016 7:21am Jun 27, 2016 7:21am
appreciate your comments!
Will do some testing with RSI as well. And aboust SL it´s dangerous no question. Will try to find a solution for this.
just do it
  • #110
  • Jun 27, 2016 7:22am Jun 27, 2016 7:22am
Quoting Magix
{quote} Yup. Reducing market exposure pays off where waiting for that couple extra bucks on the backside can easily cost you grandly. Looks like a static grid you are working here, Thodie. Those fuckers always scare me...but if playing by the day and you have a large enough range, can be all good.
hey M,

probably thodie would not mind to have some discussion here concerning few questions I have. How would you/ and thodie deal with this scenarios...

a) your potential RR is around 1:4 - no trailing/no BE
your position is trading around +3R...so at this point you are risking -4R for 1R. what do you do?
you trail with 1R?, when to start trailing? etc?
how would you deal with this kind of problems..

b) would/have you ever considered strategies, whereas you dont apply any TP?
you simply get trailed out or signal contra...but, you would apply the SL anytime.
  • #111
  • Jun 27, 2016 7:29am Jun 27, 2016 7:29am
Quoting thodie
appreciate your comments! Will do some testing with RSI as well. And aboust SL its dangerous no question. Will try to find a solution for this.

np..im here to help and beeing helped. we all want to thrive on this market and finding right people and open a group talk is the best solution.
hard to find people 120% on this matter..be sure that im fully in this so I appreciate knowledgable discussion behind any door
  • #112
  • Jun 27, 2016 7:41am Jun 27, 2016 7:41am
Quoting 21vs7
{quote} np..im here to help and beeing helped. we all want to thrive on this market and finding right people and open a group talk is the best solution. hard to find people 120% on this matter..be sure that im fully in this so I appreciate knowledgable discussion behind any door
V6
entry not changed
exit triggers with RSI instead of MFI
dd similar - profit factor now 11.xx, overall profit 8.800€

answers
a) one of the exit triggers is more sensible and close positions at BE + some pips, even if the correct exit conditions are not fully met.

b) look at this posting http://www.forexfactory.com/showthre...76#post8376176
i noticed that a trailing stop in grids is the worst thing you can do - can post a back test of this system too if you want.
Expert allows TP SL and Trailingstop.
just do it
  • #113
  • Jun 27, 2016 7:53am Jun 27, 2016 7:53am
Quoting 21vs7
b) would/have you ever considered strategies, whereas you dont apply any TP? you simply get trailed out or signal contra...but, you would apply the SL anytime.

Most of what I code is signal contra...exits anyways...
I more so refer to it as Market Indicator Dynamic ranges.

Trigger in.
Triggers to add.
Triggers to out with a minimum profit base.

I'm not a huge believer in TP20, SL20 systems. These are more coin toss than anything. If you are relatively sure of your position, adding seems logical by way of either pyramiding or cost averaging...from there, finding a reasonable take profit point and finding the exit strategy to match.

As for trail stop EAs.
I was fucking around with one of these a while back.
Surprising results, but moved away from this project...I think things may have went to shit for a period and I lost interest.

Link

That's what the stats were like...overall, I liked the idea...maybe just needed to refine it a little more.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #114
  • Edited 8:31am Jun 27, 2016 8:17am | Edited 8:31am
Quoting thodie
{quote} V6 entry not changed exit triggers with RSI instead of MFI dd similar - profit factor now 11.xx, overall profit 8.800 answers a) one of the exit triggers is more sensible and close positions at BE + some pips, even if the correct exit conditions are not fully met. b) look at this posting http://www.forexfactory.com/showthre...76#post8376176 i noticed that a trailing stop in grids is the worst thing you can do - can post a back test of this system too if you want. Expert allows TP SL and Trailingstop.

a) ok, so you have several exit triggers..never looked at this in that way.

what would be your general add in triggers?
exit is oversold/bought condition probably

b)
everything in grid trading is then more complex and definately harder to play. Especially trailing strategies, which in its own way is pretty much complex.
hm, in the link I see you have a very nice PL curve there..DD was low then? this is right way imo to explore further into!?



concerning MFI and RSI exchange - i hope you will find in forward testing that RSI would be more suitable. Im definately not sure about that, but as said...both are pretty similar indicators, expect that MFI takes into account the volume, which is very shaddy stuff in FX.


I see you are excellent programmer with great agility.
  • #115
  • Jun 27, 2016 8:27am Jun 27, 2016 8:27am
Quoting Magix
{quote} Most of what I code is signal contra...exits anyways... I more so refer to it as Market Indicator Dynamic ranges. Trigger in. Triggers to add. Triggers to out with a minimum profit base. I'm not a huge believer in TP20, SL20 systems. These are more coin toss than anything. If you are relatively sure of your position, adding seems logical by way of either pyramiding or cost averaging...from there, finding a reasonable take profit point and finding the exit strategy to match. As for trail stop EAs. I was fucking around with one of these a...

I never tried to explore this horizons yet, surely all beginner concentrate on entries and leave other to market. That was also my story. Probably there are some concepts after entries that needs to be explored.

1. adding in
2. exit strategy

Can you please show some insight on how would you do each on its own..


as myself I am a firm believer that I cant fully predict future price but I can try to predict direction to play in and with some good indications see the mojo where the flow is going..
When im in position I surely cant predict where this latest movement will end!? So, Im trying to play with no-TP strategies at this point. So, definately have a max Risk deployed on every position (1R) and later on I try to trail the bastard out. Some land also on 10-30-60 R...with GJ fridays triggering of sells..I trail +43R trading at 60R spot atm. Cus I dont know where this fooker will land.
No need to be said that I have lots of loosers there.

Concerning your Trail strategy...surely this is excellent start. If you remember what were your strategy..any directions
  • #116
  • Jun 27, 2016 8:32am Jun 27, 2016 8:32am
this is V7 with both entry and exitbased RSI

while dd is higher, profit factor is lower and average trade duration is longer (because of the less oscillating RSI compared to the MFI)

a) if you play exittrigger - what if it never happens? or too late? by simplifying the requirements you can exit early in a profit.
but don´t overdo as it might be limiting too.

the 2nd add to grid signal for example is simple, if there is no entry signal for the double required grid range - add. (that is just for cost averaging)

b) dd was the same as in both examples the highest position count was 3.

will make a quick n dirty V7 test with a trailingstop to compare it, as maybe im wrong here who knows.
Attached Image (click to enlarge)
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  • #117
  • Jun 27, 2016 9:11am Jun 27, 2016 9:11am
Quoting 21vs7
with no clear RR before hand, or at least with no clear SL your potential DD is vely vely big
did the backtest with trailing stop, a bit better than expected.

TS 50pips
dd lowered to 6%
profit factor 15,45
but profit also lowered to 26xx
shorter average trade duration
more trades.

Compared to V6
dd 11%
profit factor 11,xx
profit 8.8xx
longer average trade duration
Attached Image (click to enlarge)
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just do it
  • #118
  • Jun 27, 2016 9:35am Jun 27, 2016 9:35am
V7
trailingstop is equal to grid range.
nice results.
dd similar
profit factor highest for now
Attached Image (click to enlarge)
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just do it
  • #119
  • Jun 27, 2016 9:57am Jun 27, 2016 9:57am
Quoting thodie
V7 trailingstop is equal to grid range. nice results. dd similar profit factor highest for now {image}
cool, very nice to see that one can explore so in depth with your programming knowledge
  • #120
  • Jun 27, 2016 10:07am Jun 27, 2016 10:07am
Quoting 21vs7
{quote} cool, very nice to see that one can explore so in depth with your programming knowledge
thanks, but i´m no pro in coding, trading made me start coding.

here is V6 (MFI entry, RSI exit)
dd 4,87%
profit factor 23,6!
profit 54xx

i think i stop here for now - small accounts with trailing and exit trigger, bigger accounts without trailing should be the way.
Attached Image (click to enlarge)
Click to Enlarge Name: V6-TS-range equal.jpg Size: 499 KB
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