Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
Found yet another bug. Fixed that already.
All bugs and fixes are done in the code so I'll simply post version 01_00 of the EA when I'm finished fixing it.
The bug: trailing stop was used instead of no-profit level. Now when we are in profit (at least n points) we move our stoploss to OrderOpenPrice+5 pips. After we did that, we use trailing profit.
Benefits: less modifications for stoploss, smaller drawdown.
Next steps: 1. optimize trailing stop; 2. make 2 trailing stops: normal one, ATR one; 3. moving stoploss every 5 pips instead of every pip; more to come!
Oh, did he PM you the new version? just wondering if he will post it today?
No, I'm forward testing the one he posted earlier. Even though it might be a bit buggy still, just wondering how it will perform in a (demo of course..) forward test.
__________________
To most people, the sky is the limit. For me it is home.
The main point of Relative Vigor Index Indicator (RVI) is that on the bull market the closing price is, as a rule, higher, than the opening price. It is the other way round on the bear market. So the idea behind Relative Vigor Index is that the vigor, or energy, of the move is thus established by where the prices end up at the close. To normalize the index to the daily trading range, divide the change of price by the maximum range of prices for the day. To make a more smooth calculation, one uses a symmetrically weighted moving average of the differences of the closing and openings prices, as well as maximum and minimum prices of the bar.
The best period at calculation of the indicator is considered 10. To avoid probable ambiguity one needs to construct a signal line, which is a symmetrically weighted moving averageof Relative Vigor Index values. The concurrence of lines serves as a signal to buy or to sell.
Calculation
VALUE1 = ((CLOSE - OPEN) + 2 * (CLOSE (1)) – OPEN (1)) + 2*(CLOSE (2) – OPEN (2)) + (CLOSE (3) – OPEN (3))) / 6
where:
OPEN — is the opening price;
HIGH — is the maximum price;
LOW — is the minimum price;
CLOSE — is the closing price;
VALUE1 — symmetrically weighted moving average of the differences of the closing and openings prices;
VALUE2 — symmetrically weighted moving average of the differences of the maximum and minimum prices;
NUM — amount N importances of VALUE1;
DENUM —amount N importances of VALUE2;
RVI — value of the Relative Vigor Index indicator for the current bar;
RVISig — value of the RVI signal line for the current bar;
N — period of the smoothing.
It uses several custom indicators to try to determine trend. HMA seems to be the best and works better than GMACD.
Other indicators are from this thread but I might have modified a few to make them run faster or changed variable names to make it easier to understand what the indicator is doing.
If anyone has other ideas for determining trend let me know.
Please do not include the standard MAs as I have tried them all. I have also tried NonLagMA but that did not help.
I have looked at the DIN EA. The programmer of that one might want to look at how I get the indicators, especially MACD.
I did not use a great deal of comments but the variable names and function names should be clear enough.
I did put the indicator checks in what I thought would give the fastest backtest run times.
Robert
RVI is a good Close position Indicator and can be a good trend opener too, the problem is that sometimes the market stop a little and triger a repetitive signal
It uses several custom indicators to try to determine trend. HMA seems to be the best and works better than GMACD.
Other indicators are from this thread but I might have modified a few to make them run faster or changed variable names to make it easier to understand what the indicator is doing.
If anyone has other ideas for determining trend let me know.
Please do not include the standard MAs as I have tried them all. I have also tried NonLagMA but that did not help.
I have looked at the DIN EA. The programmer of that one might want to look at how I get the indicators, especially MACD.
I did not use a great deal of comments but the variable names and function names should be clear enough.
I did put the indicator checks in what I thought would give the fastest backtest run times.
Robert
Hi !!
I was playing with your EA trying to find best set up for EURO-US (I later will try other pairs). The most profitable TF I found is 4 hours, with settings as showed in parameters (attachment). I am not happy with results specially coz drawdown: everything above 20% is too much for me.
Anyway, my modelling quality is very poor and if somebody think is interesting, can test with better accuracy. Results can be worst (or better).
Hi !!
I was playing with your EA trying to find best set up for EURO-US (I later will try other pairs). The most profitable TF I found is 4 hours, with settings as showed in parameters (attachment). I am not happy with results specially coz drawdown: everything above 20% is too much for me.
Anyway, my modelling quality is very poor and if somebody think is interesting, can test with better accuracy. Results can be worst (or better).
I backtested this EA with your settings but in two versions: MM_true; and MM=false;
Modelling Quality 90%.
The results are fantastic, nearly incredible. The absolut drawdown is zero.
We should forward test it as soon as possible.
Edit: Attachment updated. Reason: Corrupted database caused false results earlier. I newly dowloaded the database, reinstalled the test program and retested. The results are much worse than the earlier ones were. Strange now: Same results in case of MM=true; and MM= false;
Quote:
Originally Posted by fxnewbie
Hi !!
I was playing with your EA trying to find best set up for EURO-US (I later will try other pairs). The most profitable TF I found is 4 hours, with settings as showed in parameters (attachment). I am not happy with results specially coz drawdown: everything above 20% is too much for me.
Anyway, my modelling quality is very poor and if somebody think is interesting, can test with better accuracy. Results can be worst (or better).
Last edited by chrisstoff; 01-31-2007 at 02:09 PM.
Reason: Corrupted database
Can't wait to forward test 
Linear Mode
