Falling Knives

Great!
Is it possible to have the license transferred to another future account? My broker (JFD) is constantly messing around with leverage (only 5 US pairs are 1:400, rest 1:200 or worse...) so it would be nice to be able to change...

First off...Happy Birthday, dude!


Secondly, I would imagine, but have posted your question HERE.

I really thought this would be easier...

I am not the seller.
For any questions, please forward to [email protected]

Because of my downtime, audit, house shopping and prepping for a grandchild, my time in Forex is limited.
I may reply, but am otherwise taken by family and personal time and most likely won't be much of a full-time member until October.

I do appreciate your funds in live action as much as I would my own.

Discussion here may lead you to the answers you seek, if I am otherwise occupied.

Thanks man, c. version is up and running
Wish you all the best with your downtime!

Given the range of the JPY pairs, I am shutting these down on my test accounts for the rest of the week.

Large moves like this will most likely continue directionally, but the retrace on these didn't play out favorably after Brexit.

The moves aren't as great as were created by the exit vote, but are still outside of standard trade ranges.

Just wondering, does FK run better on renko or candles now?

Good question.

I haven't worked with it on the Renkos since the last couple versions, so it might be worth a shot.

I think I have room for a spare trader or 2 that I can get fired up.

Will get a TE attached once I have everything up and running.

Welp...

Over the last couple weeks, the Lost Sock hasn't done that bad. It did take a bit of a hit and then made a fairly fast recovery, but then along came this week.



From a nice drift up to a stairway leading to the basement, The Lost Sock has seemingly lost a little of its luster...

Now...the best part about this little tidbit of news...

This is pretty much, EXACTLY what it's supposed to do.

As an Alternate Strategy, it is to work on the chop when we are unsure of the trends. Given the last 2 weeks, the chop has been significant and only this week have we seen any Trend Ranges.

So...as bad as this does seem...this is pretty much spot on, to my expectations.

Somewhat accidentally, I have tested 2 triggering methodologies with the Longs being different than the shorts on the cost averaged and pyramiding with Lost Socks and now I know...both leave a little to be desired as losses on the week can be attributed to both long and short cycles.

I only realized this when combing through the logic and once I found it, corrected, but never re-loaded. So...2 ideas whittled out!

With this, I do believe that I have established the cause of the mass losses on this and believe I can correct it relatively easy, so will have something to work on this weekend and get working for the new week coming.

I have been running a side by comparison on Falling Knives, only difference is that the JPY pairs have been shut off on the FK runner.

Overall - it wasn't actually doing as well as Lost Socks...up until the last 2 days that is.

That being said, it too had a bit of a rocky start taking it's first Stop Loss in the opening week, recovering from that and moving on to a fairly reasonable profit area.

There is a substantial amount of trades being held open on Cable at current, but the DD on account is only just over $300, will have to see where that ends up.

Overall...

And might be hard to kind of assemble if you aren't that familiar with the progress of the thread, hell even if you are...actually, if you are properly sane, most of this shit won't probably make much sense to you...

Much the reason that you'd not even want to vacation or stop for gas inside of my head...I digress.

Take the aggressive choppy week trader for the news events and mill it with the consistency of the trend trading and SHAZAM!

Multi-logic, multiplied!

I've just got a couple of things to clean up on the Lost Socks side before I release this for public testing and then look at the tedious task of marrying these 2 bitches together.

As for the Renko thang...

I was on track with this, and it must've slipped my mind.

Will definitely get'r up n running for next week.

My bad.

Finding a perfect dance partner, isn't easy.

It might be easier if women had breasts on their backs...well, okay...maybe not easier but it would definitely change the face of slow dancing, might even make more white guys focus on their ability to dance.

This isn't a racist comment. I am white...

I digress...

Finding a dance partner for Falling Knives, is much the same...minus the boobs dilemma, more so of the just the pairing.

I think I'm close.

The Lost Sock is a fairly loose concept in that the overall idea doesn't necessary define a trend recognition nor triggering idea, but more of a concept.
If we lose a sock in the washer, we continue to add the same sock to every wash cycle until it finds its mate or disappears.
If we lose a sock in the dryer, we continue to add the same sock to every dry cycle until it finds its mate or disappears.

What defines the washer?
What defines the dryer?
And when do we just straight up give up and throw the sock away?

Why, you may ask, would we throw a sock away?

Well, it's like this.

Suppose that sock has gone through so many cycles that it is now just a straight up, lost cause.
We've tried to pair it up but only ended up fading it or wearing the fabric to the holes.
Keep on trying to find a newer better sock to match up with some loose fitting sock that you have to pull up every 12 minutes, doesn't make sense...so, like falling knives, we will eventually get to a point where we just have to say, "FUCK IT!" and throw that motherfucker out.

So...
The idea behind this is...we know that the Falling Knives logic does very well throughout the month. There are exceptional circumstances when it can find a pair or pairs where the net loss exceeds the value of all gains. Throughout the multiple months of testing, we have effectively determined a lot of these times to be during High Impact News periods. To help eliminate this, an option has been added to just stop trading the High Impact News days, but what if there are trades already open?

This required some thought to where it was decided that we could really simply close all trades where ever they are in profit or loss at the change of day...or bank that the trend as dictated by Falling Knives could prevail and that these trades would be managed without additional assistance to profit, or to tap out on the Wussy Close, (like we have discussed, throwing out the non-mated sock).

I haven't really gone through the stats on these, but have seen enough to know that both ideas leave a lot to be desired, especially if there are multiple trades in play and they straight up close at a loss. One or two...sure, a small hit...but I have seen a couple hundred over the last few weeks working this idea drained from the account.

The original Falling Knives was aggressive as fuck in trying to cost average and pyramid out of trades to a certain profit or explosion...this idea was a little suck too.

So, the idea occurred to me, after many years of testing cost average traders as to how this might work and well...I think I have a viable idea.

Now, it will take some time to properly and fully marry these ideas, but before even getting to that point, I want to test the logic fully as a sole trader. Trend Robots work well in Trends, chop robots work well in chop...A lot of what I have worked on does well during chop but fails in trend. It's only now that I have a fairly decent trend EA that I can look to marry it to the best of the chop logics.

So I reach out to you.

There's been a lot of great ideas put forth and a lot of statistical data gained from those willing to surrender a little of their PCs resources. Hopefully with a little more help, we can add another piece to the market puzzle.

Post 1, a copy of the Alternate Strategy, "Lost Sock".

No license shit...just set and let er rip.
M1. (Adjust to different time frames and make sure you set the time delay)
Does have the Wussy Close as optional, defaulted to True...feel free to disable or set any of the other user params.
Let me know how you make out.
Expires - August 15, 2016.

Thanks, Magix - all set up and watching...
A question about the FK logic: If I enter a manual trade with m.number 69 will that trade get correctly picked up by the ea calculation?
The thing is, I had a server downtime during the night and a lot of trade entries were missed, getting the rest of the trade cycle into deep trouble so I thought I would "help" with a manual trade next time this happens...

It should get picked up by the logic and close by way of TP, SL or wussy close...in theory...

Where this can possibly cause issues is if you exceed the value of the Maximum Lot Size...I have no clue what it would do if you entered a trade above this...it may just default back to this highest level, it may surpass that...

Renko is Loaded.

Standard 7 pairs.

TE ->HERE

YBR up and running , TE is on tickmill.

Hi Friends

Running YBR default settings on 28 pairs RENKO, M2 / DEMO balance 5129, leverage 400:1 over here.
And yes, performance is still OK on VPS.
Will report the progress.

O well.. here is my first FF trade explorer ever. Not a clean history so YBR started as per date today.
http://www.forexfactory.com/johnhere#acct.58