Falling Knives | Page 98 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Sky is Falling Tomorrow (Option Strategy) 9 replies

NZD/USD, CAD/JPY, EUR/AUD, GBP/CHF, falling off the cliff together-- 16 replies

Why Is Cable Falling? 5 replies

Shorting the cable (Is London Bridge Falling Down?) 38 replies

Euro falling to 1.20??? 1 reply

Attachments: Falling Knives
Exit Attachments

Falling Knives

  • #1,941
  • Jul 18, 2016 6:46am Jul 18, 2016 6:46am
Can anybody remember why I stopped testing Renko?

If memory serves, this kicked ass before and seemingly is still doing the same...

2 Pip Bricks, 7 standard pairs in tow.
Attached Image (click to enlarge)
Click to Enlarge Name: fk2p.png Size: 53 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,942
  • Edited 10:15am Jul 18, 2016 8:00am | Edited 10:15am
Quote
Can anybody remember why I stopped testing Renko?

IIRC, it was because in theory, performance should be comparable without renko. At least that's what a side by side showed in forward test. And then it was easier to do without renko for all the testers because then we could all test without needing renko. We never did a longer term side by side, especially with commercial version.
  • #1,943
  • Jul 18, 2016 11:20am Jul 18, 2016 11:20am
Quoting joes2
{quote} IIRC, it was because in theory, performance should be comparable without renko. At least that's what a side by side showed in forward test. And then it was easier to do without renko for all the testers because then we could all test without needing renko. We never did a longer term side by side, especially with commercial version.
Joe, thanks.

I think it was my lapse on getting my OVO renewed that caused me to drop the testing.

Will be interesting to see what it does now with all mods in place.

I will continue the testing, full open days and see where it leads.

It's not looking too bad so far.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,944
  • Jul 18, 2016 3:32pm Jul 18, 2016 3:32pm
It looks pretty neat!

Any chance of a trial version?
  • #1,945
  • Jul 18, 2016 8:20pm Jul 18, 2016 8:20pm
Quoting bgntrs
It looks pretty neat! Any chance of a trial version?
Renko charts and instructions ->HERE

And give the Lost Sock a run...

My tester is running with a 2 pip brick size, would be interesting to see how the lost sock does with this.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,946
  • Jul 19, 2016 1:57pm Jul 19, 2016 1:57pm
Quoting Magix
{quote} 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...
I'll find out out sooner or later I guess.

YBR is doing well, altough with some orphans popping up it seems:
Attached Image (click to enlarge)
Click to Enlarge Name: ybr-USDCADM1.png Size: 117 KB

Comparing with FK:
Attached Image (click to enlarge)
Click to Enlarge Name: fk-USDCADM1.png Size: 90 KB


More orphans (?):
Attached Image (click to enlarge)
Click to Enlarge Name: ybr-EURJPYM1.png Size: 164 KB


Maybe all this will sort itself out later lol..

No error messages on those pairs.
  • #1,947
  • Jul 19, 2016 2:41pm Jul 19, 2016 2:41pm
Quoting Magix
{quote} Renko charts and instructions ->HERE And give the Lost Sock a run... My tester is running with a 2 pip brick size, would be interesting to see how the lost sock does with this.
would i need to run this with the commercial version of FK?
  • #1,948
  • Jul 19, 2016 3:20pm Jul 19, 2016 3:20pm
Quoting Magix
{quote} Renko charts and instructions ->HERE And give the Lost Sock a run... My tester is running with a 2 pip brick size, would be interesting to see how the lost sock does with this.
Also back to 2 brick size for Renko (was 10). Seems good so far with lesser DD during the day ! Not yet done for the 28 Pair..
It could be the holiday period... that at least for EU... but it looks like YBR (pretty amazing so far) and Renko is a good joint venture.
"The needs of the many outweigh the needs of the few" - Spock
  • #1,949
  • Jul 19, 2016 7:01pm Jul 19, 2016 7:01pm
Quoting Go5
More orphans (?)

Not orphans, dude.

Lost Socks.

Don't just see the sock that remains, observe the process that the logic takes to find it's mate.



Keep in mind, this is an alternate strategy that was meant to be played when market can run considerably out of range and run through trend reversals...not specifically as a sole running EA.

The idea behind posting it, is to test it's successes and compare these to it's failures and from there, try to see how this would play on a press Tuesday into an FK Wednesday. Dragging the dead soldiers in FK would have a considerably easier time, if we stopped the cost averaging when the immediate trend stopped playing nicely.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,950
  • Jul 19, 2016 7:05pm Jul 19, 2016 7:05pm
Quoting bgntrs
{quote} would i need to run this with the commercial version of FK?
The OVO Renko charts?

No, these can be run with any EA and would probably be interesting to watch under the Lost Socks as is provided in the first post.

There is a 2 week trial period on OVO's software and from there you decide if Renko is a path that you choose to walk.

Personally, I've had my successes and failures with Renko and I have no motivation for recommending their software with except to say that it's quite honestly the Best Renko charting package that I've worked with.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,951
  • Jul 19, 2016 7:08pm Jul 19, 2016 7:08pm
Quoting Johnhere
{quote} Also back to 2 brick size for Renko (was 10). Seems good so far with lesser DD during the day ! Not yet done for the 28 Pair.. It could be the holiday period... that at least for EU... but it looks like YBR (pretty amazing so far) and Renko is a good joint venture.

On my previous test, I'm pretty sure I was running 2 pip bricks. Seems odd, but given that the min range between trades is 2 pips, it seemingly makes a little sense.

I would actually like to try it on the 28 pairs for comparitive purposes.

Sure, there will probably be some better days working with the candles but as it sits now, Renko with all in logic in FK, is kicking ass over standard M1 candles.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,952
  • Jul 20, 2016 8:02am Jul 20, 2016 8:02am
how long it take for key to be sent through after payment
  • #1,953
  • Jul 20, 2016 9:24am Jul 20, 2016 9:24am
Quoting Magix
{quote} Not orphans, dude. Lost Socks. Don't just see the sock that remains, observe the process that the logic takes to find it's mate. Keep in mind, this is an alternate strategy that was meant to be played when market can run considerably out of range and run through trend reversals...not specifically as a sole running EA. The idea behind posting it, is to test it's successes and compare these to it's failures and from there, try to see how this would play on a press Tuesday into an FK Wednesday. Dragging the dead soldiers in FK would have...
Lost socks have correctly been identified! Amazing piece of logic
  • #1,954
  • Jul 20, 2016 12:50pm Jul 20, 2016 12:50pm
Quoting bgntrs
how long it take for key to be sent through after payment

Should be fairly fast, once payment is confirmed.
Please send me a PM at the other house with your payment confirmation and I will see what is taking so long.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,955
  • Jul 20, 2016 12:51pm Jul 20, 2016 12:51pm
Quoting Go5
{quote} Lost socks have correctly been identified! Amazing piece of logic

The big decision on the lost sock is to keep the wussy close enabled or disabled, but this can be addressed by the size of movement.

Given the delay in cost averaging, it may look a little ugly, but will afford you enough time to either tap out manually or gamble on logic.

I haven't tested this on Fixed lot settings, but would be interested to see if this works out as well.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,956
  • Jul 20, 2016 3:55pm Jul 20, 2016 3:55pm
Quoting Magix
{quote} Should be fairly fast, once payment is confirmed. Please send me a PM at the other house with your payment confirmation and I will see what is taking so long.
it came through, thanks magix
  • #1,957
  • Jul 23, 2016 4:28am Jul 23, 2016 4:28am
Hey Magix,

How things going, had a rough run on one of my small live test account the week before last on FK, got busy and left trading during news with not tight enough SL's. Wabaam....
At least learning on small accounts, hehe.

Do you feel the G20 will effect the FK allot, whats everyone's plans for Monday with live accounts.
I have some small trades on the go still over this weekend , probably silly again but I have tightened up my SL's.
AUDUSD sell and EURUSD sell. hmm

Let me know what everyone is thinking.

Cheers,
Spencer
  • #1,958
  • Jul 24, 2016 7:17am Jul 24, 2016 7:17am
Quoting SpencerBizze
Hey Magix, How things going, had a rough run on one of my small live test account the week before last on FK, got busy and left trading during news with not tight enough SL's. Wabaam.... At least learning on small accounts, hehe. Do you feel the G20 will effect the FK allot, whats everyone's plans for Monday with live accounts. I have some small trades on the go still over this weekend , probably silly again but I have tightened up my SL's. AUDUSD sell and EURUSD sell. hmm Let me know what everyone is thinking. Cheers, Spencer
Hey Spencer, sorry to hear about your loss, I took a bit of a small hit on a couple of accounts due to a power outage last week myself.
SIGH...

Most of my accounts are on a VPS, but had a couple just to fuck with an not overload the VPS running on my home stations. Woke up Wednesday morning and the house was a little too quiet...checked out my PCs and "Oh FUCK". Nothing huge, but enough to make me need to consolidate 2 accounts for safety.
Meh.

Trading the Summer Session can be tricky in that large moves out of nowhere can be present without suffiecient volume to stop the plays, but overall, until September, I just expect a lot of WhipSaw type action.

Will the G20s effect the market?
Possibly, but my bet is that for the most part, nothing more than has been present in the last week.

If anything, expect to see the Wussy close chew threw a few of the gains while regular action continues to slowly build.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,959
  • Jul 24, 2016 7:23am Jul 24, 2016 7:23am
The version of Lost Socks I had running last week, did fairly well. This too in spite of it being one of the accounts impacted by the power outage.

The other version was running the wussy close and due to the market range and wussy close, ended up in the red over the weekend.

I've still got a couple of ideas to develop on these, but overall, I am not disappointed.
Attached Image (click to enlarge)
Click to Enlarge Name: ybr1.png Size: 84 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,960
  • Jul 24, 2016 7:29am Jul 24, 2016 7:29am
One of the others that I found rather interesting was a Correlation trader that is running some of the Falling Knives logic, but is being filtered through 2 additional pairs. This idea was proposed and is being worked on by Abokwaik in his Yen Trader thread ->HERE

Though it took a couple of hits on the wussy close too, did manage to keep in the green for the week and DD on the 12 pairs in trade was actually fairly reasonable.

I think that I may just drop the YBR lost sock into this one and get it ready for a public trial.
Attached Image (click to enlarge)
Click to Enlarge Name: coco.png Size: 49 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
0 traders viewing now