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Attachments: Yen Trader
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Yen Trader

  • #921
  • Quote
  • Aug 24, 2016 7:24am Aug 24, 2016 7:24am
Quoting tibovwh
Hi Khalil, Enabling ATR based TP and SL seems to disable multiple orders per signal. Can somebody confirm that this is the case? Or am I doing smt wrong? Best,
You need to set also the "Min distance (ATR multiples) between orders" input.
No guts, no glory
  • #922
  • Quote
  • Aug 24, 2016 7:27am Aug 24, 2016 7:27am
Quoting abokwaik
{quote} You need to set also the "Min distance (ATR multiples) between orders" input.
I tried multiple variations for this parameter but seemed to have no succes. Will test further tho
  • #923
  • Quote
  • Aug 24, 2016 7:29am Aug 24, 2016 7:29am
Looking at the code, it seems that I didn't complete the development of this feature (Max Orders + ATR_levels Enabled).
I will update the EA and post it.
No guts, no glory
  • #924
  • Quote
  • Aug 24, 2016 7:33am Aug 24, 2016 7:33am
Here it is:
Attached File(s)
File Type: ex4 Cross_Trader_06.44.ex4   57 KB | 646 downloads
No guts, no glory
  • #925
  • Quote
  • Aug 24, 2016 7:43am Aug 24, 2016 7:43am
Quoting abokwaik
{quote}High/Low LONG if GBPUSD Tuesday Closing Price is Higher than Monday High Price AND USDJPY Tuesday Closing Price is Higher than Monday High Price SHORT if GBPUSD Tuesday Closing Price is Lower than Monday Low Price AND USDJPY Tuesday Closing Price is Lower than Monday Low Price
Regarding the High/Low. It makes a lot of sense for 2 as input. Simply give a signal if Close[1] is > or < the High[2] / Low[2] for both pairs.

Suppose we set the input parameter higher to 5.

Now the EA will give a signal if Close[1] is > or < the High[5] / Low[5]. Is this correct? Problem is that this is pretty arbitrary I think?

Maybe a better rule would be if Close[1] is > or > the Highest[2-5] / Low[2-5] ? (= Both pairs breakout)

Let me know what you think

Best,
  • #926
  • Quote
  • Aug 24, 2016 7:44am Aug 24, 2016 7:44am
Quoting abokwaik
Here it is: {file}
Thanks so much. Very fast
  • #927
  • Quote
  • Aug 24, 2016 7:45am Aug 24, 2016 7:45am
Hi abokwaik,

Just to confirm

you using the settings posted in the 889 post for attached explorer ?

and do use a trade manager ea ?, setting your risk to 2% daily for profits and losses ?
  • #928
  • Quote
  • Aug 24, 2016 7:56am Aug 24, 2016 7:56am
Quoting tibovwh
{quote} Regarding the High/Low. It makes a lot of sense for 2 as input. Simply give a signal if Close[1] is > or < the High[2] / Low[2] for both pairs. Suppose we set the input parameter higher to 5. Now the EA will give a signal if Close[1] is > or < the High[5] / Low[5]. Is this correct? Problem is that this is pretty arbitrary I think? Maybe a better rule would be if Close[1] is > or > the Highest[2-5] / Low[2-5] ? (= Both pairs breakout) Let me know what you think Best,
When you set it to High/Low, the EA will work like this:
LONG if Close[1] is > the Highest[2-5] , SHORT if Close[1] < Low[2-5] (= Both pairs breakout)
No guts, no glory
  • #929
  • Quote
  • Aug 24, 2016 8:02am Aug 24, 2016 8:02am
Quoting morne72
Hi abokwaik, Just to confirm you using the settings posted in the 889 post for attached explorer ? and do use a trade manager ea ?, setting your risk to 2% daily for profits and losses ?
The set file is in post 892. But you will need to change the Signal Time Frame to M30 instead of H1.

This is not the usual risk%, it is only the percentage of balance used to calculate the variable lot size.
In the EA inputs it is called "Variable Lots as % of Balance".

Calculated lot size depends on account Balance & Required Margin. (SL is not considered).
No guts, no glory
  • #930
  • Quote
  • Aug 24, 2016 8:07am Aug 24, 2016 8:07am
Quoting abokwaik
{quote} When you set it to High/Low, the EA will work like this: LONG if Close[1] is > the Highest[2-5] , SHORT if Close[1] < Low[2-5] (= Both pairs breakout)
Aha ok great to know! Its pretty hard to infer this from the Strategy Tester as I dont see the actual Majors... From your post I just assumed... But this is perfect thx

Btw, I hope you dont mind I'm kind of spamming the thread but if I don't post this stuff immediatly I tend to move on and forget

Regards,
  • #931
  • Quote
  • Aug 24, 2016 8:15am Aug 24, 2016 8:15am
Quoting tibovwh
{quote} Aha ok great to know! Its pretty hard to infer this from the Strategy Tester as I dont see the actual Majors... From your post I just assumed... But this is perfect thx Btw, I hope you dont mind I'm kind of spamming the thread but if I don't post this stuff immediatly I tend to move on and forget Regards,
You're welcome ...

I think such a Q&A is beneficial for understanding how the system/EA is working, specially for new comers
No guts, no glory
  • #932
  • Quote
  • Aug 24, 2016 9:36pm Aug 24, 2016 9:36pm
Quoting abokwaik
As per my continuous observations, the Cross Trader is "ungenerous", even when running on 14 pairs on M5 time frame. Very few trades in the week. This comes by nature, because we are looking for a correlation divergence which rarely happens, on major moves. I am stopping my self from testing in on M15/M1, with small TP, as a scalper, although very tempting. But I think the spread will kill it. I am also still very interested in the complement of the cross trader idea, "the Majors Trader". Where for example we trade EURUSD & USDJPY...
I do agree with you, however, I have tested scalping with pips today on M1 and the results exceeded my expectations and initial ATR test on M5 by approx $600 (over $1400 profit in 4 months) with only $200 investment. My next test will be on M5 with pip settings and then I will be convinced that this is as great as I hoped it would be. My goal was to find a solid EA that could help small investors like me gradually turn a little money ($200-$500) into big money in a slow, steady, and consistant way. Opposed to the thinking that it takes big money to make money (big or small amounts). And THAT is why I am very much looking forward to the upgrades to the Close-All EA. I want to trade/scalp 2-3 pairs in a basket or 1% to close daily inorder to limit exposure. I think scalping might be (for me) the quickest way to get in and out very quickly.

And speaking of upgrades....I noticed you upgraded Cross Trader today. Should I do my tests again with the new update or does it not matter? And how soon can we expect the upgraded Close-All if u choose to do it? Thanks Abokwaik!

BoHanna
  • #933
  • Quote
  • Aug 25, 2016 2:29am Aug 25, 2016 2:29am
Sounds great Bohanna :-)
what setting did you use for the min charts for scalping that worked really well? :-)
  • #934
  • Quote
  • Aug 25, 2016 5:07am Aug 25, 2016 5:07am
Khalil,

I've back tested Yen Trades in the past and posted here some results.

But now I'm with doubts how to back test Cross Trader.

Let's say for GBPJPY, for what pairs do I need to have historical data?

Thanks!
  • #935
  • Quote
  • Aug 25, 2016 6:01am Aug 25, 2016 6:01am
Quoting kilion
Khalil, I've back tested Yen Trades in the past and posted here some results. But now I'm with doubts how to back test Cross Trader. Let's say for GBPJPY, for what pairs do I need to have historical data? Thanks!
Hi kilion,

Cross Traded is an Expanded version of Yen Trader.
Yen Trader trades the 6 major yen crosses (eurjpy, gbpjpy, audjpy, nzdjpy, cadjpy and chfjpy)
while Cross Trader trades 21 major crosses including the yen crosses.

So it works the same way, it trades the cross pair based on the cross major currencies against USD.
Accordingly, to back test the Cross Trader on GBPJPY you will need history data for GBPJPY and GBPUSD and USDJPY.
No guts, no glory
  • #936
  • Quote
  • Aug 25, 2016 6:29am Aug 25, 2016 6:29am
Quoting BoHanna
{quote} I do agree with you, however, I have tested scalping with pips today on M1 and the results exceeded my expectations and initial ATR test on M5 by approx $600 (over $1400 profit in 4 months) with only $200 investment. My next test will be on M5 with pip settings and then I will be convinced that this is as great as I hoped it would be. My goal was to find a solid EA that could help small investors like me gradually turn a little money ($200-$500) into big money in a slow, steady, and consistant way. Opposed to the thinking that it takes big...
Upgrade to 6.44 if you want to enable ATR based levels and Max Orders > 1.

As for close-all-trades, what modifications are you expecting?
No guts, no glory
  • #937
  • Quote
  • Aug 25, 2016 8:54pm Aug 25, 2016 8:54pm
Quoting reubsonline
Sounds great Bohanna :-) what setting did you use for the min charts for scalping that worked really well? :-)
Here are the settings. BUT please note the modeling quality is at 25% for M1 but when I test on M5 with same settings the quality improved to 90% which is not shown here. Test for yourself, this is why I understand where Khalil is coming from...I don't totally trust M1 tf for this pair for scalping but the results seemed amazing. In live trading I will most likely choose M5 because of modeling quality. I'd be happy with $900 bucks from just one pair than $1400 with questionable one ;-)

Attached File(s)
File Type: txt GBPJPY_M1.txt   582 KB | 401 downloads
  • #938
  • Quote
  • Aug 25, 2016 9:13pm Aug 25, 2016 9:13pm
Quoting abokwaik
{quote} Upgrade to 6.44 if you want to enable ATR based levels and Max Orders > 1. As for close-all-trades, what modifications are you expecting?
As far as modifications go......you mentioned on another post that you were gonna create a professional grade manager in near future or possibly integrate trade manager into Crosstrader itself (something to that affect). I personally would like to have added "No Trades on Friday" option (or any day of week) and the ability to hide SL and TP from broker. Or anything else that a broker could use to gain an edge on us "budget challenged" traders. Sorry I can't pinpoint past posts like u can but i think you get the gist of it. Hmmm...while I'm at it, a simple grid option to activate without hedging (optional, I'm USA remember) would be interesting. Thanks Khalil!

BoHanna
  • #939
  • Quote
  • Edited 9:50pm Aug 25, 2016 9:23pm | Edited 9:50pm
Quoting BoHanna
{quote} ... please note the modeling quality is at 25% for M1 but when I test on M5 with same settings the quality improved to 90% which is not shown here. {file}
Somebody will probably yell at me for this, but what does "modeling quality" mean?

Okay. I just googled it and there's a bunch of stuff to read, so I'll do that...
  • #940
  • Quote
  • Edited 10:39pm Aug 25, 2016 10:03pm | Edited 10:39pm
Quoting mary4x
{quote} Somebody will probably yell at me for this, but what does "modeling quality" mean? Okay. I just googled it and there's a bunch of stuff to read, so I'll do that...
Whenever u optimize an EA you will also see modeling quality in statement. Another member always gets 99.9% quality. It's as close to live trading as u can get. look up his past testing posts. He is called nonliner
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