I was away yesterday; just got back. Let me answer several posts in one:
Quote:
Originally Posted by amaruenterprise
Derk have you back tested it using the daily? I'm curious to what kind of results that would have. This might be just luck because it was my first using this strategy but there were a setup for the eur/cad I think maybe at 8:00 est when the new daily is formed on IBFX so I took it and deposited 211 pips friday before end of session. I'm not the most computer savy person in the world and to be honest do not know how to backtest a strategy or I would have already done so. Thanks for this info....Tim  |
This is just an indicator as of now. All you have to do to "backtest" is open a chart, press the "Home" hey until the chart stops scrolling (this will get all the available data for that chart from your broker), then with the chart still scrolled back all the way, apply the indicator, then hit the "End" key to go to the most recent part of the chart, and read the total pips.
Quote:
Originally Posted by Mescalito
Derek,
i found a good setting on the G/Y 4H
the results said 11560 pips for 13489 bars.
Settings for synergyIndicator
and results availible in screen shots.
but dont know if this resembles a good result. considering drawdown. could you survive this?
God's bless
Gerry
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Gerry, I think Chris already responded regarding use of the H4 chart. Originally I too thought the H4 would be best, but now I am thinking the H1 or M30.
Quote:
Originally Posted by FXBabe
someone make an ea please with some trailing stop maybe.
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Its in the works, and nearly done.
Quote:
Originally Posted by Chris29
Thank you, Chrisstoff. In deed, this indicator looks very well. I did some manual backtests with Chaikin's Volatility indicator the last days.
I looked over some charts and it seems that it filters out more losing trades with lower volatility than the Bollinger Expansion...
Derk, is it possible to add this indicator to the trading rules: Buy or Sell only when volitility is > 0?
I think it's really worth to compare them ...
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An option to trade only when the Chaikin Volatility Indicator is > 0... Yes, sure. I'm on it.
Quote:
Originally Posted by cochran1
I would also consider adding a condition that will only place trades in the direction of the 4hr trend. I think everyone would agree that going against the trend has much more risk.
Derk, I do not write code but how difficult is it to add a condition that would only place trades after looking at the 4hr trend; check for 2 full 4hr blue bars for long position and check for 2 full 4hr red bars for short position ? thx mike
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Trade [long] only when, on an H4 chart, the previous and previous previous candles are both long? Or their Heiken Ashi's are long?
Just want to make sure I understand you... I suspect this will weed out too many good trades, but it's worth a shot.
I will post again when I get these changes done. And hopefully the EA will be done tomorrow as well.
-Derk