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Chinese KONGFU system

  • #621
  • Edited Jun 10, 2017 5:02am Jun 9, 2017 7:04am | Edited Jun 10, 2017 5:02am
here is a complete EA (very basic) , but i don't have good results in BT. Maybe LiunLiun can tell us more about what he added in his EA ?

thanks

Jeff

EDIT : please look further down, because this version is not OK
Attached File(s)
File Type: mq4 liunliun01.mq4   7 KB | 358 downloads
  • #622
  • Jun 9, 2017 8:27am Jun 9, 2017 8:27am
Hi Liun

Which other pairs can be used with this strategy other than USDJPY?
Pips Collector EA, No Martingale, No Grid
  • #623
  • Jun 9, 2017 8:43am Jun 9, 2017 8:43am
Quoting ionone
here is a complete EA (very basic) , but i don't have good results in BT. Maybe LiunLiun can tell us more about what he added in his EA ? thanks Jeff {file}
Appreciate your effort!
Couple of comments after running it on H1:

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH1.png Size: 91 KB
  • #624
  • Jun 9, 2017 8:46am Jun 9, 2017 8:46am
the missed sell does not touch the line, i will only sell if the price touches the line, not if it is very close : in the picture the price does not touches

everybody is free to modify the EA if i made mistakes or to improve it , i'm not saying it is perfect but i followed the rules carefully
  • #625
  • Jun 9, 2017 8:51am Jun 9, 2017 8:51am
Quoting Go5
{quote} Appreciate your effort! Couple of comments after running it on H1: {image}
could you try this version? i disabled "notrend" (you can enable it as a parameter) so we start just with dntrend and uptrend for now until we see clearer

Jeff
Attached File(s)
File Type: mq4 liunliun02.mq4   7 KB | 359 downloads
  • #626
  • Edited 4:43pm Jun 9, 2017 11:05am | Edited 4:43pm
Quoting ionone
{quote} could you try this version? i disabled "notrend" (you can enable it as a parameter) so we start just with dntrend and uptrend for now until we see clearer Jeff {file}
These buy/sells are OK but:
* close prematurely (either the deactivated TS kicks in anyway or the logic does not wait for the candle to close when looking at the slope of the yellow WHITE and exits).
* you have to sell after one trend buy.

Regarding the NO-trend: I find it better not to wait for a complete touch on the pullback (within 5 pips or so).


Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 62 KB
  • #627
  • Jun 9, 2017 4:22pm Jun 9, 2017 4:22pm
Quoting ionone
here is a complete EA (very basic) , but i don't have good results in BT. Maybe LiunLiun can tell us more about what he added in his EA ? thanks Jeff {file}
nice work bro. keep it up.

now we can backtest it and prove it from 5 years back.

but it should be running on 2hours chart. can you modified that?
  • #628
  • Jun 9, 2017 7:52pm Jun 9, 2017 7:52pm
Quoting Go5
{quote} Appreciate your effort! Couple of comments after running it on H1: {image}
something wrong in it like u said.
btw GO5 do u get ur green pips with this method?
  • #629
  • Jun 9, 2017 7:53pm Jun 9, 2017 7:53pm
pen & paper or EXCEL can help u to backtest the method...
not difficult.
  • #630
  • Jun 9, 2017 7:54pm Jun 9, 2017 7:54pm
finally , in this month, i suggest u just trade in trend.
i think it will come a big trend.
  • #631
  • Jun 10, 2017 4:59am Jun 10, 2017 4:59am
Quoting Go5
{quote} These buy/sells are OK but: * close prematurely (either the deactivated TS kicks in anyway or the logic does not wait for the candle to close when looking at the slope of the yellow WHITE and exits). * you have to sell after one trend buy. Regarding the NO-trend: I find it better not to wait for a complete touch on the pullback (within 5 pips or so). {image}
i didn't see any exit rules so i just put an SL and/or a Ts, but i'll look more into it.

Quoting Go5
you have to sell after one trend buy
you want only alternating buy/sells? not two consecutive buys/sells? i can do that please confirm/infirm

Quoting Go5
Regarding the NO-trend: I find it better not to wait for a complete touch on the pullback (within 5 pips or so). {image}
ok i'll modify it, you're talking about 4 or 5 digits 5 pips?

here is a version for H2, i just put '120' instead of "Period()", i'm not sure, i've never used H2 before, please try it and tell me if it works

Jeff
Attached File(s)
File Type: mq4 liunliun02_H2.mq4   7 KB | 345 downloads
  • #632
  • Jun 10, 2017 5:38am Jun 10, 2017 5:38am
Quoting liunliun
{quote} something wrong in it like u said. btw GO5 do u get ur green pips with this method?
Yes Liun, working fine. The only thing is the missed trades - which is where an EA could come in handy, even if it were semi-manual...
  • #633
  • Jun 10, 2017 5:57am Jun 10, 2017 5:57am
Quoting ionone
{quote} i didn't see any exit rules so i just put an SL and/or a Ts, but i'll look more into it. {quote} you want only alternating buy/sells? not two consecutive buys/sells? i can do that please confirm/infirm {quote} ok i'll modify it, you're talking about 4 or 5 digits 5 pips? here is a version for H2, i just put '120' instead of "Period()", i'm not sure, i've never used H2 before, please try it and tell me if it works Jeff {file}
Thanks for the new version. The exact rules are "hidden" in the thread, sort of...
One of them is to always switch from notrend to trend trades to notrend.... So you can have two buys: buy notrend, then buy trend. Not "buy trend" 2 times (risking exhaustion of the move).

Exit can be tricky (apart from SL): in a buy, exit when the white 1 is down but not on the fly, the candle has to be closed.

Entry is on the fly and like Liun said, a couple of pips distance is ok (pips - not pipettes).
  • #634
  • Jun 10, 2017 6:02am Jun 10, 2017 6:02am
Great ! Good to see here some fresh activity !
  • #635
  • Jun 10, 2017 6:22am Jun 10, 2017 6:22am
i think the successives closes you pointed out earlier come from the "noThing = true" part of the code which closes all the orders if conditions are met.
this part can now be disabled in parameters now as well as the period can now be selected in params
Quote
One of them is to always switch from notrend to trend trades to notrend.... So you can have two buys: buy notrend, then buy trend. Not "buy trend" 2 times (risking exhaustion of the move).
sorry i don't get this part at all. !
could you rephrase ?
new version v3:
TouchesAddin (this is to trigger buy/sell even if the price doesn't touch the line)
ECN
noThingCloseAll
and period H1/ H2

thanks
Jeff
Attached File(s)
File Type: mq4 liunliun03.mq4   8 KB | 428 downloads
  • #636
  • Jun 10, 2017 6:40am Jun 10, 2017 6:40am
Quoting ionone
i think the successives closes you pointed out earlier come from the "noThing = true" part of the code which closes all the orders if conditions are met. this part can now be disabled in parameters now as well as the period can now be selected in params {quote} sorry i don't get this part at all. ! could you rephrase ? new version v3: TouchesAddin (this is to trigger buy/sell even if the price doesn't touch the line) ECN noThingCloseAll and period H1/ H2 thanks Jeff {file}
Ok, I, ll try to put it another way: Suppose, a notrend builds up and you go long on the pullback. You win and it pulls back again (still in notrend): you pass. Then it goes out of the yellow and a trend trade comes along: you take it (2nd long in a row). Another trend long comes up: you pass. Now we reverse and the same thing for shorts...

Version H2 and 03 is very slow all over sudden and not taking trades.
  • #637
  • Jun 10, 2017 7:08am Jun 10, 2017 7:08am
Hi Liunliun!

So been reading through the first like 20 pages of this thread, looks really promising!


One thing i havnt seen anyone ask "so far atleast" is:

What about holding trades over the weekend? what about news? is there any rules to it, do you avoid it?


And also thank you for taking your time and energy trying to teach the masses !
  • #638
  • Jun 10, 2017 7:52am Jun 10, 2017 7:52am
Quoting Timnyman94
Hi Liunliun! So been reading through the first like 20 pages of this thread, looks really promising! One thing i havnt seen anyone ask "so far atleast" is: What about holding trades over the weekend? what about news? is there any rules to it, do you avoid it? And also thank you for taking your time and energy trying to teach the masses !
1 I never hold trades over the weekend.
2 I don't trade through the news.
  • #639
  • Jun 10, 2017 7:53am Jun 10, 2017 7:53am
Quoting Go5
{quote} Ok, I, ll try to put it another way: Suppose, a notrend builds up and you go long on the pullback. You win and it pulls back again (still in notrend): you pass. Then it goes out of the yellow and a trend trade comes along: you take it (2nd long in a row). Another trend long comes up: you pass. Now we reverse and the same thing for shorts... Version H2 and 03 is very slow all over sudden and not taking trades.
太长了 看不懂， goodluck to you .
  • #640
  • Jun 10, 2017 7:59am Jun 10, 2017 7:59am
Hi Liunliun and everybody else,

I've been following this thread and came across a few questions.

Does the white line have to be in sync with the yellow line when the white line is beneath or above the yellow line.
because at the first arrow on my picture the previous candle hits the white line but lines ar not sync, the seccond candle
however hits the white line, but this time the lines seem to be going in sync.
Attached Image (click to enlarge)
Click to Enlarge Name: tradeliun.jpg Size: 110 KB
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