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  • #3,001
  • Jul 20, 2016 6:36am Jul 20, 2016 6:36am
Quoting braintheboss
{quote} I explained that in long post about dashtrend last day. When you load it current signals are ignored until you have slope change. This avoid you enter in wrong moment because when you have slope change you have high possibilities to get start movement. You have wait until slopes start to change. This depends you MAs settings and TF. If you remember your last test you and only had a few signals after 6 hours . And signals only are send in first new slope candle to avoid the other typical problem with old Trend. Wrong signals at extremes
Yes I read that and understand. Will wait for pairs to change.
Running 60min TF and 34MA.
So will have to wait some time for first trade.

I like the idea of waiting for the slop to change, definitely will help with some false positives.
I am interested to see how it handles ranging market, it should in theory help depending what you are using to qualify the slope changing.
  • #3,002
  • Edited 9:35am Jul 20, 2016 6:57am | Edited 9:35am
Quoting SpencerBizze
{quote} Yes I read that and understand. Will wait for pairs to change. Running 60min TF and 34MA. So will have to wait some time for first trade. I like the idea of waiting for the slop to change, definitely will help with some false positives. I am interested to see how it handles ranging market, it should in theory help depending what you are using to qualify the slope changing.
Range market without bands is a disaster. Small disaster because trades are cut with small losses normally but if you have died day like Monday you will have red numbers at the end of day. I will explain some tricks reading analyzer.

1) If you have low win ratio but high profit (+60%) that MA is losing almost all trades in range market ( many trades with small losses). The good news it's profit trades compensate that rows of bad trades. We can think "SL" is working fine in bad moments.

2) Median win ratio/profit with all pairs is normally 30%/55%. If you remove bad pairs it's around 42%/65%. That 10% is a big difference in profits.

3) Velocity mode reduce trades around a 60%. That improve profit for commission in pairs with high spread. In general velocity mode have worst profit performance. It's normal. It's at early stage as new feature. Have much room for improve
Try don't lose pants never...
  • #3,003
  • Edited 9:36am Jul 20, 2016 7:18am | Edited 9:36am
More info about analyzer (really study numbers it's the best part of forex). You learn a lot of things you can't see in normal tests.

1) Percentage numbers are calculated in different way. For example profit percentage take the total pips made for all trades (good and bad) and get what percentage are profit. This show how effective is your strategy or how much you didn't made for take wrong trades.
This explains too why 10% of profit is bigger number. If you have a total 100 but you made 25. A 10% more is not 2,5, is 10 pips more

2) In trend mode normally difference between win/ratio percentage is 20%. If you get 30% win ratio you will get around 50% of profits. 70% win ratio it's almost perfect profit strategy

3) Percentage method have other curious effect. Profitable strategies are what have around +45% profit.

I have more curious things but I think this give an idea why it's important analyzer in a future

PS: I forget something. Crossover filter have small effect in results but improve some range moments. Maybe remove some bad trades but the difference is not big
Try don't lose pants never...
  • #3,004
  • Edited 7:51am Jul 20, 2016 7:26am | Edited 7:51am
About profits in dashtrend. It's profitable EA in long term. A safe calculation is a profit factor between 1.50/2. But you need some balance for handle 2/3 bad days. Normally a bad day is a 10/15% losses about your week profit.

It's possible use it with very small accounts. I made some tests (you have real account in trade explorer) with 25€. But it's very risky yet. The ideal is use 3 pairs per every 100$ balance using 0.01 lot. In that way I think you can let full auto without worry about blow up the account. But I can confirm this is a 100% effective rule. Market is very hard lastly and maybe EA don't works like tests in previous months (may/jun)
Try don't lose pants never...
  • #3,005
  • Edited 2:27pm Jul 20, 2016 2:06pm | Edited 2:27pm
Quoting braintheboss
About profits in dashtrend. It's profitable EA in long term. A safe calculation is a profit factor between 1.50/2. But you need some balance for handle 2/3 bad days. Normally a bad day is a 10/15% losses about your week profit. It's possible use it with very small accounts. I made some tests (you have real account in trade explorer) with 25. But it's very risky yet. The ideal is use 3 pairs per every 100$ balance using 0.01 lot. In that way I think you can let full auto without worry about blow up the account. But I can confirm this is a 100% effective...
Below is using Trend -- 60TF 34MA
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 189 KB


Then below is using Velocity -- 60TF 34MA
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 187 KB


hmmm?
Can you point me which would be better and why so I can learn...
  • #3,006
  • Jul 20, 2016 2:11pm Jul 20, 2016 2:11pm
Quoting SpencerBizze
{quote} Below is using Trend -- 34MA {image} Then below is using Velocity -- 34MA {image} hmmm?
Maybe at that moment not big difference in MAs slope. What velocity settings are you using? 5/1.0?

PS: Seeing analyzers almost you have same profit. Try 3/1.5 or 2.0
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  • #3,007
  • Jul 20, 2016 3:11pm Jul 20, 2016 3:11pm
Quoting SpencerBizze
{quote} Below is using Trend -- 60TF 34MA {image} Then below is using Velocity -- 60TF 34MA {image} hmmm? Can you point me which would be better and why so I can learn...
Don't exists better set up than other. For example your set up is high frequency. You have many trades per month with low win ratio. Profits ratio is very good but you will suffer big DD in range markets for that many trades opened. How I explained above low win ratio and high profit ratio is signal of many small losses. If you get long range that is serious DD before recover.

About velocity I never tested because I finished this month. But analyzer in my tests showed I explained above posts. In your capture seem set up is not affected much for velocity. For that I told you try more aggressive velocity settings. You think velocity is not having effect because you are using very smooth MA with long period. Then transitions are slow and velocity don't give advantage. With AMA 16 and 3/2.0 you will see how range areas are locked for velocity. But the best is you check your MA set up on chart and check how velocity is working. You know, you want neutral areas on range and fast slope transition in fast movement.
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  • #3,008
  • Edited 3:52pm Jul 20, 2016 3:24pm | Edited 3:52pm
Your set up with default settings. How you can see not real advantage
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla (345).png Size: 187 KB


Red circle is advantage with velocity. Filter one close for opposite signal at half of trend movement and one at end of that movement. Blue circle same than red circle. Green circles shows a delay in entries losing some profits. But in your analyze that delayed entries are compesated for filtered closes like red circles.
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla (345)2.png Size: 193 KB
Try don't lose pants never...
  • #3,009
  • Jul 20, 2016 3:36pm Jul 20, 2016 3:36pm
Quoting braintheboss
{quote} Don't exists better set up than other. For example your set up is high frequency. You have many trades per month with low win ratio. Profits ratio is very good but you will suffer big DD in range markets for that many trades opened. How I explained above low win ratio and high profit ratio is signal of many small losses. If you get long range that is serious DD before recover. About velocity I never tested because I finished this month. But analyzer in my tests showed I explained above posts. In your capture seem set up is not affected much...
What do you mean by 3/2.0, there are no settings for velocity in Dashtrend that I can see?
I think I need to play with your new trend indicator, do I need a separate license for that or can I use the same one you gave me on the same account?
  • #3,010
  • Jul 20, 2016 3:38pm Jul 20, 2016 3:38pm
Quoting SpencerBizze
{quote} What do you mean by 3/2.0, there are no settings for velocity in Dashtrend that I can see? I think I need to play with your new trend indicator, do I need a separate license for that or can I use the same one you gave me on the same account?
Licenses are linked to account. You can use that license in all computers or MT4 instances while you use same account.

About use Trend for check settings you are right. Its very important to plan settings before use it. Many times you get surpirses when you analyze chart

PS: You are right. I forgot put velocity settings in EA. Its normal. Velocity wasnt finished when I add it to EA. I will add settings in next build. I think is using default settings ( length 5 and trigger 1.0 )
Try don't lose pants never...
  • #3,011
  • Jul 20, 2016 3:39pm Jul 20, 2016 3:39pm
Quoting braintheboss
Your set up with default settings. How you can see not real advantage {image} Red circle is advantage with velocity. Filter 2 closes for opposite signal at half of trend movement. Blue circles dont have effect because you dont have change slope in trend mode. Green circles shows a delay in entries losing some profits. But in your analyze that delayed entries are compesated for filtered closes like red circles. {image}
I see that so it does look better, filters out the false changes in direction. I like it.
I need to play with your new indicator to understand better how it works.
Haven't looked it since the old trend indi, which I am still running.
  • #3,012
  • Jul 20, 2016 3:46pm Jul 20, 2016 3:46pm
Quoting SpencerBizze
{quote} I see that so it does look better, filters out the false changes in direction. I like it. I need to play with your new indicator to understand better how it works. Haven't looked it since the old trend indi, which I am still running.
Im improving tools. Im going slow because I have many tools to improve but in a few months I think system will be enough good. I hope that
Try don't lose pants never...
  • #3,013
  • Jul 20, 2016 4:01pm Jul 20, 2016 4:01pm
Ok. I saw one thing about Analyzer. How I'm testing things I putted analyzer for get all history. Then results in current build are about all your history, not last finished month.

About filter in analyzer, is not active any filter. That means results are the worst possible ( when slope change at open of new candle ). That is good because you have profitable settings that settings are very safe.
Try don't lose pants never...
  • #3,014
  • Jul 20, 2016 4:05pm Jul 20, 2016 4:05pm
Quoting braintheboss
{quote} Licenses are linked to account. You can use that license in all computers or MT4 instances while you use same account. About use Trend for check settings you are right. Its very important to plan settings before use it. Many times you get surpirses when you analyze chart PS: You are right. I forgot put velocity settings in EA. Its normal. Velocity wasnt finished when I add it to EA. I will add settings in next build. I think is using default settings ( length 5 and trigger 1.0 )
yeah was confused. lol
I now understand.

Velocity does have advantage even on my default settings.
Will switch to it for now.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 178 KB

Velocity is the bottom chart for those that are learning
  • #3,015
  • Jul 20, 2016 4:06pm Jul 20, 2016 4:06pm
I have just switched mid trades to velocity, will it still continue trades if the magic number has not changed?

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 193 KB


Order should I close them all out and let it start again?
  • #3,016
  • Jul 20, 2016 4:23pm Jul 20, 2016 4:23pm
DashTrend ( v0.20b9 )

+ added velocity options
+ analyzer checks last finished month
Try don't lose pants never...
  • #3,017
  • Edited 4:38pm Jul 20, 2016 4:25pm | Edited 4:38pm
Quoting SpencerBizze
{quote} yeah was confused. lol I now understand. Velocity does have advantage even on my default settings. Will switch to it for now. {image} Velocity is the bottom chart for those that are learning
In that capture its evident that filter 4 slopes. Depending areas and pair you will see improvement or not
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 207 KB

Quoting SpencerBizze
I have just switched mid trades to velocity, will it still continue trades if the magic number has not changed? {image} Order should I close them all out and let it start again?
While you dont change magic EA will handle it. Let it. Have good look Really changed a lot since last capture. 20$ at NY/Asian open its good
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  • #3,018
  • Jul 21, 2016 11:53am Jul 21, 2016 11:53am
I'm improving tools manuals. I accept traders questions can be interesting answer for add it to the manuals. If you have some question do it here
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  • #3,019
  • Jul 21, 2016 1:26pm Jul 21, 2016 1:26pm
Quoting braintheboss
I'm improving tools manuals. I accept traders questions can be interesting answer for add it to the manuals. If you have some question do it here
Brain,
Could SnR be used for direction- say if price has touched a zone within the last 5-8 candles the direction will be in the indicated direction unless cancelled out by the velocity setting? It might prevent some bad entries. Just a thought. I am assuming SnR is not being used. By the way the velocity seems to be helping am up $15 after I started using it.
  • #3,020
  • Jul 21, 2016 1:59pm Jul 21, 2016 1:59pm
Quoting PipFlak
{quote} Brain, Could SnR be used for direction- say if price has touched a zone within the last 5-8 candles the direction will be in the indicated direction unless cancelled out by the velocity setting? It might prevent some bad entries. Just a thought. I am assuming SnR is not being used. By the way the velocity seems to be helping am up $15 after I started using it.
I understand you are using Trend with velocity and SnR, dont you? The part I dont understand is how velocity cancels SnR breakout/trend area ( where price direction starts ). Maybe when you have Trend neutral area?

About use SnR for direction you can. Breakout/Trend areas are for that. At this moment SnR dont have area touch counter but if you show me a example where that counter give advantage i will glad.

Im interested in know how velocity helps to SnR too. Can you show me some example too?
Try don't lose pants never...
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