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  • #721
  • Aug 2, 2016 3:50am Aug 2, 2016 3:50am
Quoting abokwaik
6.3 forward test linked to trade explorer made only 3 trades last week and ended the week with 3%. {image} For this week, and to add some action, I will switch to 6.41 on M15 time frame with the following settings : {file}
OK, We got some action ... UP 3.8% in one day on 10 trades.
Trades were closed at a preset profit % using my Close_All_Trades EA (copy attached).

Attached Image (click to enlarge)
Click to Enlarge Name: ct_6.41_M15.PNG Size: 78 KB
Attached File(s)
File Type: ex4 Close_All_Trades.ex4   18 KB | 472 downloads
No guts, no glory
  • #722
  • Aug 2, 2016 4:47am Aug 2, 2016 4:47am
Just took a brief glance at Trade Explorer. Most entries/exits looks with amazing accuracy. Seems like a strong logic behing leads to winning performance. Keep up useful work mate.
GBPJPY looks the best pair without enough forward-test statistics.
Attached Image (click to enlarge)
Click to Enlarge Name: Выделение_013.png Size: 90 KB
BR, alex
  • #723
  • Aug 2, 2016 5:15am Aug 2, 2016 5:15am
Spread gets too high on end of day, so I think its better to close the trades which are in loss an hour or so before end of day.
Last night example on GBPCHF, spread over 30 pips and position got stopped.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpchf_30pip_spread.PNG Size: 66 KB
No guts, no glory
  • #724
  • Aug 2, 2016 6:08am Aug 2, 2016 6:08am
Quoting abokwaik
Spread gets too high on end of day, so I think its better to close the trades which are in loss an hour or so before end of day. Last night example on GBPCHF, spread over 30 pips and position got stopped. {image}
You are absolutely right Khalil. The worst trade/spread which is opened at the end of Friday market close. Maybe time filter would improve EA trading if we prohibit end of day (before night spread widening) entries especially on Fridays.

Another situation when the deal is already opened and spread widening time comes soon and the deal in some loss you may reset SL to zero value and control average (Bid+Ask)/2 price to know how much is real loss independently from spread and if this loss is increasing over some threshold value EA would close the deal by market. I use this method in some my EAs.
BR, alex
  • #725
  • Aug 2, 2016 6:11am Aug 2, 2016 6:11am
Quoting sevan62
{quote} You are absolutely right Khalil. The worst trade/spread which is opened at the end of Friday market close. Maybe time filter would improve EA trading if we prohibit end of day (before night spread widening) entries especially on Fridays. Another situation when the deal is already opened and spread widening time comes soon and the deal in some loss you may reset SL to zero value and control average (Bid+Ask)/2 price to know how much is real loss independently from spread and if this loss is increasing over some threshould value EA would...
What a great idea !... you are brilliant sevan.
No guts, no glory
  • #726
  • Aug 2, 2016 6:58am Aug 2, 2016 6:58am
Hey there,

Forgive my ignorance, i'm a little confused on installing the EA. I have been through a majority of the posts in this thread and have downloaded the latest EA abokwaik.

Am I understanding correctly on how to install? Looking at your above results, you have installed the EA on the 15m charts, using 1hr signal in the input settings?

Also, you install on the cross pair GBPJPY for example.

Just wanted to clarify if that's correct?

Thanks for everyone's efforts.

Ben
  • #727
  • Aug 2, 2016 7:59am Aug 2, 2016 7:59am
Quoting esk1mooo
Hey there, Forgive my ignorance, i'm a little confused on installing the EA. I have been through a majority of the posts in this thread and have downloaded the latest EA abokwaik. Am I understanding correctly on how to install? Looking at your above results, you have installed the EA on the 15m charts, using 1hr signal in the input settings? Also, you install on the cross pair GBPJPY for example. Just wanted to clarify if that's correct? Thanks for everyone's efforts. Ben
Correct.
No guts, no glory
  • #728
  • Aug 2, 2016 8:05am Aug 2, 2016 8:05am
Quoting abokwaik
{quote} Correct.
Thank you kindly for the fast response.

Ben
  • #729
  • Edited 3:33pm Aug 2, 2016 3:07pm | Edited 3:33pm
Can you please post some more manual trading... I dont trust EA lol
  • #730
  • Edited 5:01pm Aug 2, 2016 4:34pm | Edited 5:01pm
Quoting Omidak
Can you please post some more manual trading... I dont trust EA lol
A well-written EA is the best driver for mechanical trading systems, HE:

  1. Can trade 24/5 without food, sleep or s.. ()
  2. Frees up your time to do other stuff ()
  3. Operates on a set of rules without greed, fear, ego or bias ()
  4. Identifies and reacts to opportunities faster ()

He simply makes life easier.

Anyway, I will try to post manual trades tomorrow, if any.

No guts, no glory
  • #731
  • Aug 2, 2016 5:32pm Aug 2, 2016 5:32pm
Thank you so much...
everything you said is correct but I need to build confidence first and to fully understand the strategy lol
  • #732
  • Aug 3, 2016 3:31am Aug 3, 2016 3:31am
Quoting Omidak
Thank you so much... everything you said is correct but I need to build confidence first and to fully understand the strategy lol
If you are around Omidak.

Using the Scanner at Forex Factory Home Page.

Cross: GBPJPY
Signal : None. See image below.

Attached Image (click to enlarge)
Click to Enlarge Name: FF_Scanner GBPJPY No_Signa;.PNG Size: 61 KB
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  • #733
  • Aug 3, 2016 3:39am Aug 3, 2016 3:39am
Buy Opportunity on GBPCHF

Attached Image (click to enlarge)
Click to Enlarge Name: Buy_GBPCHF.PNG Size: 15 KB
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  • #734
  • Aug 3, 2016 3:47am Aug 3, 2016 3:47am
GBPCHF Long Trade Taken

Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHF_Trade_H1.png Size: 83 KB
No guts, no glory
  • #735
  • Aug 3, 2016 4:05am Aug 3, 2016 4:05am
Thank you Abokwaik

Watching close fully this trade.... to understand when to close it -)
  • #736
  • Aug 3, 2016 4:11am Aug 3, 2016 4:11am
Quoting Omidak
Thank you Abokwaik Watching close fully this trade.... to understand when to close it -)
Please note that GBPCHF trade was taken off the rules on post 1, no filters what so ever.
SL was set to swing low, and TP with 1:1 RR. However we can manage the trade using price action (since we are manually trading)
No guts, no glory
  • #737
  • Aug 3, 2016 4:15am Aug 3, 2016 4:15am
Ok understood....
So following the rules either it hits tp or sl... that's the end of the trade.
  • #738
  • Aug 3, 2016 4:16am Aug 3, 2016 4:16am
A Sell trade on EURGBP just opened by the EA.

Attached Image (click to enlarge)
Click to Enlarge Name: CT6.41_EG_Sell.PNG Size: 54 KB
No guts, no glory
  • #739
  • Aug 3, 2016 4:23am Aug 3, 2016 4:23am
Quoting Omidak
Ok understood.... So following the rules either it hits tp or sl... that's the end of the trade.
SL yes, but TP not necessarily. Why not get more than 1R if the market shows so. (greed in action )
No guts, no glory
  • #740
  • Aug 3, 2016 4:46am Aug 3, 2016 4:46am
2 other trades taken by the EA

Buy GBPCHF @ 1.2921
BUY GBPNZD @ 1.8583

They will show on the trade explorer in a minute.
No guts, no glory
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