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Dashboard EAX

  • #2,721
  • Oct 27, 2016 7:03am Oct 27, 2016 7:03am
Quoting LuizSchiavi
{quote} Thanks ! Strange... only loss with this
Last couple of days where a real mess and not only for the simpletrader.
Two out of the three systems (the more intelligent ones ) suspended trading on last Monday and haven't restarted yet.
info@metacharttools,com
  • #2,722
  • Oct 27, 2016 7:55am Oct 27, 2016 7:55am
Quoting denya
{quote} And if aeseme would be able to implement these indicators into dashboard, I would give you a cool setl!{image} dear aeseme, is it possible? {image} {file} {file} {file} {file} {file}
Hi Denya. Now you have SSRC2EAX pin. Do you have a "cool set" to share?
  • #2,723
  • Oct 27, 2016 8:36am Oct 27, 2016 8:36am
Quoting Hotpotato
{quote} Last couple of days where a real mess and not only for the simpletrader. Two out of the three systems (the more intelligent ones ) suspended trading on last Monday and haven't restarted yet.
It depends on the strategy you are using and how you use it. This setup started on tuesday. Though there were losses along the line but overall over 500pips profit.
Attached Image (click to enlarge)
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Patience, Persistence and discipline = Holy Grail.
FUNDED FEEDER All Time Profit: $104
  • #2,724
  • Oct 27, 2016 11:30am Oct 27, 2016 11:30am
Hello everyone. I have followed this thread a lot lately but have stayed in the shadows so I can avoid asking stupid questions. Right now I have a question I can't seem to get a clear answer to.

When using a strategy e.g BQR and the X (Exit open orders on opposite signals) is enabled. Will a fixed SL override the exit signal?
Lets say we put 200 pips SL. Each opened trade should have a SL of 200 pips. But if the trade is in a negative position, will it still close on opposite signal if the SL isn't hit?

Since I'm not a good contributor to programming I'm trying to narrow the path by currently testing out and fine tuning RS + BQR which has given me some amazing results on demo so far. I checked this out after seeing Catilin's results on page 112.

This is currently the results, and I am trying out 4 other different combinations which is based on RS and BQR, so time will tell.
The profitability in the picture is 63%. Adding this here since it's not shown in the picture.

If anything was inappropriate or illegal according to forum rules in this post, let me know and I will edit if it doesn't get deleted straight away.


Sincerely

John
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  • #2,725
  • Oct 27, 2016 2:22pm Oct 27, 2016 2:22pm
Welcome John.

Quote
I can avoid asking stupid questions.
Only stupid answers exits, proven my point right away.

Quote
Will a fixed SL override the exit signal?

As to my knowledge EAX does not have a hidden SL yet so your broker will take care of the close for you.
info@metacharttools,com
  • #2,726
  • Oct 27, 2016 3:07pm Oct 27, 2016 3:07pm
Quoting Hotpotato
Welcome John. {quote} Only stupid answers exits, proven my point right away. {quote} As to my knowledge EAX does not have a hidden SL yet so your broker will take care of the close for you.
Speaking about SL and brokers...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20161027-204616.png Size: 302 KB
Try don't lose pants never...
  • #2,727
  • Oct 27, 2016 4:03pm Oct 27, 2016 4:03pm
TradeReport, different name, different header, different possibilities.
Still an indicator but not in separate window.
Check it out, you can always delete it.
Attached Image (click to enlarge)
Click to Enlarge Name: bdmtradereport.PNG Size: 63 KB
Attached File(s)
File Type: ex4 BDMTradeReportv1.00.ex4   100 KB | 360 downloads
info@metacharttools,com
  • #2,728
  • Oct 27, 2016 4:05pm Oct 27, 2016 4:05pm
Quoting braintheboss
{quote} Speaking about SL and brokers... {image}
Well i was right, wasn't i ?
He really took care of it.....
info@metacharttools,com
  • #2,729
  • Oct 27, 2016 4:49pm Oct 27, 2016 4:49pm
[quote=jhenrikb;. Will a fixed SL override the exit signal? Lets say we put 200 pips SL. Each opened trade should have a SL of 200 pips. But if the trade is in a negative position, will it still close on opposite signal if the SL isn't hit? ]

Yes, if you enable "exit on opposite signal", and the opposite signal arrives, it will close the trade, even if the individual SL of this trade is not hit. It is the "same" as if you close manually the trade pushing a button. It will close, with SL or without it.
Well, your results speak for themselves. The drawdown is a bit high, but it does not seem difficult that you make a 100% profit soon and will be able to withdraw your capital and risk only your profits. That is great!
Nevertheless, there are some features in this strategy that I dislike:
1) It is almost impossible to be able to risk only your last position. And that is so because the positions are added mostly in loss, averaging down. That is risky. Here are the facts of positions of UsdJPJ added in my terminal this afternoon with a similar strategy (RS/BQR reverse + EAX_2 Access Panel):
17:47: sell at price 105,09
18:49 sell at price 105,26 (I am selling against the up trend)
19.51: sell at price 105,27
20:51: sell at price 105,30 ( the highest price of the series; all previous trades in loss)
What if you catch a big and persistent trend? Well, the SL of all the trades will get hit, and it is even possible that the strategy opens new orders (against the trend) after the first get closed.

2) It is difficult to compound in strength (directional compounding) because when your positions begin to make profit, then the conditions for open new trades disappear very fast (RS, BQR). It is a reversal strategy, and with the reversal the opening conditions lose strength rapidly.

I am very fond of this two principles: never risk more than your last position and be prepared to make the big Money when the market smiles to you (=directional compounding). Both principles are violated here!
  • #2,730
  • Oct 28, 2016 12:53am Oct 28, 2016 12:53am
Quoting Ragusa
.
Yes I thought about the exact same thing. In theory, using it the right way is the best way. You will pick up many losers but once that trend comes, you will win it all back, + a lot more. and if you use a small lotsize with a lot of total trades per pair, it will stack more adding positions to a winning trend.
However forex isn't know for having very high trends. Sometimes, yes, during extreme news. but nothing compared to start-up companies stocks and other stock markets. And ofcourse the timeframe is important.

But as you also said, the results speak for themselves. I just have to continue testing and tweeking for a much longer time to see how it turns out in the longer run. 2 week report from catilin (post 122) + my own 2 week report doesnt add much data to the table and it might just be short term luck.

as for "What if you catch a big and persistent trend? Well, the SL of all the trades will get hit, and it is even possible that the strategy opens new orders (against the trend) after the first get closed." A basket prevention for that pair would be nice. An option to prevent openening new trades for 24 or 48 hours on that specific pair. Or, if its USD based trend, dont open trades on all USD pairs for the next X timeframe.
  • #2,731
  • Oct 28, 2016 1:18am Oct 28, 2016 1:18am
Quoting jhenrikb
Hello everyone. I have followed this thread a lot lately but have stayed in the shadows so I can avoid asking stupid questions. Right now I have a question I can't seem to get a clear answer to. When using a strategy e.g BQR and the X (Exit open orders on opposite signals) is enabled. Will a fixed SL override the exit signal? Lets say we put 200 pips SL. Each opened trade should have a SL of 200 pips. But if the trade is in a negative position, will it still close on opposite signal if the SL isn't hit? Since I'm not a good contributor to programming...
Welcome John! Glad you found the best part of this strategy. I've never used in my tests SL, but this is a strategy of counter trend is good that you use.

Quoting Ragusa
Quoting jhenrikb;. Will a fixed SL override the exit signal? Lets say we put 200 pips SL. Each opened trade should have a SL of 200 pips. But if the trade is in a negative position, will it still close on opposite signal if the SL isn't hit?
Yes, if you enable "exit on opposite signal", and the opposite signal arrives, it will close the trade, even if the individual SL of this trade is not hit. It is the "same" as if you close manually the trade pushing a button. It will close, with SL or without it. Well, your results speak for themselves. The
...
Here and here you find normal work, which do not violate the 2 principles
The road to success is always under construction !
  • #2,732
  • Oct 28, 2016 2:09am Oct 28, 2016 2:09am
Thank you, Catalin, for your references. I will test it!
BTW, I must acknowledge that the reversal strategy performs well: 1338,40 nett pips since the afternoon of 19th october in my forward test.
  • #2,733
  • Oct 28, 2016 3:17am Oct 28, 2016 3:17am
Quoting Ragusa
Thank you, Catalin, for your references. I will test it! BTW, I must acknowledge that the reversal strategy performs well: 1338,40 nett pips since the afternoon of 19th october in my forward test.
And you are still running the same strategy/indicators ?
info@metacharttools,com
  • #2,734
  • Oct 28, 2016 3:26am Oct 28, 2016 3:26am
Yes, the same setups of post 2624, with RS/BQR (reverse) and EAX_2 AccessPanel single (reverse true).
These are the results since 19th october:
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  • #2,735
  • Oct 28, 2016 3:35am Oct 28, 2016 3:35am
Quoting Ragusa
Yes, the same setups of post 2624, with RS/BQR (reverse) and EAX_2 AccessPanel single (reverse true). These are the results since 19th october: {image}
same

tested from 26th, now closed 300 pips and 120 pips float
  • #2,736
  • Oct 28, 2016 3:38am Oct 28, 2016 3:38am
Quoting Catalin68
{quote} Welcome John! Glad you found the best part of this strategy. I've never used in my tests SL, but this is a strategy of counter trend is good that you use. {quote}{quote} Here and here you find normal work, which do not violate the 2 principles
Hi catalin

tested your reverse strategy this week, works well

hows your normal test going
  • #2,737
  • Oct 28, 2016 3:50am Oct 28, 2016 3:50am
Quoting Ragusa
Yes, the same setups of post 2624, with RS/BQR (reverse) and EAX_2 AccessPanel single (reverse true). These are the results since 19th october: {image}
Than you will be happy to know that i almost have the 1 instance for 28 pairs access panel ready.

Because it is Friday and we are in no big hurry to get it ready now i am comparing the calculated values chart by chart with the original Access Panel to make sure every value is correct.

Question, did you observe how the trades were closed ?
Was that mainly MPTM or the BQR/RS ?
info@metacharttools,com
  • #2,738
  • Oct 28, 2016 4:29am Oct 28, 2016 4:29am
All trades closed now

Most of them closed by BQR/RS

3 days 450 pips
  • #2,739
  • Edited 4:50am Oct 28, 2016 4:38am | Edited 4:50am
Quoting masen
All trades closed now Most of them closed by BQR/RS 3 days 450 pips


Now break down your profit in days (for starters).

If it turns out you have one day with 1050 pips profit and two days with -300 profit (loss) you do not have a winning strategy yet.
If your profit pips are fi. 10.000 and loss pips -9550 and you are gaining nett 450 pips you do not have a winning strategy yet.

If those 450 pips are a bit evenly spread over three days and the total number of lost/gained pips are not enormous you might have something to keep on testing with.

Also if you download the BDMTradeReportv1.00 from a couple of posts ago you can use the button to show pairs that only lost or won.
You can then study the charts with the plotted trades on them and see their behaviour.
info@metacharttools,com
  • #2,740
  • Oct 28, 2016 4:39am Oct 28, 2016 4:39am
Quoting Hotpotato
{quote} Than you will be happy to know that i almost have the 1 instance for 28 pairs access panel ready. Because it is Friday and we are in no big hurry to get it ready now i am comparing the calculated values chart by chart with the original Access Panel to make sure every value is correct. Question, did you observe how the trades were closed ? Was that mainly MPTM or the BQR/RS ?
Difficult to assess!
I include a detailed statement of the Demo account. Only pay attention to trades with magic number 2222 (there are other number of different strategies).
The trades closed by [sl] are BreakEvens managed by MPTM (2 pips locked). There are plenty.
When you see many trades closed at the same time, then it is a basket, also managed by MPTM (from 30 $, 75% locked).
The other closed trades, not included in previous classes, may be trades closed by exit signals of EAX (I have "exit trigger" by opposite signal of DW pin and by opposite signals of RS and BQR, as you can see in the setups, but not "any" for exit triggers).
Attached File(s)
File Type: docx Statement 2222.docx   152 KB | 323 downloads
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