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edit: by the way yeah, no indicators can make this EA more messy than it already is, see the pic - Feel free to reverse engineer the pic if you feel like it - Hard to believe that the mess below turns to curve like the one below (20 years beginning with 10k with proper mm)
Hard to believe?? Not really...
Control Points?! it's a joke right?
How can you trust this kind of back test method?
Oh yeah.... i already have a holly grail for that and perhaps it is better than yours, without using any indicator..
you can have it for free and gain some money.
Hard to believe?? Not really...
Control Points?! it's a joke right?
How can you trust this kind of back test method?
Oh yeah.... i already have a holly grail for that and perhaps it is better than yours, without using any indicator..
you can have it for free and gain some money.
Pj..
I'm done with this thread - I don't need discussion like this. Makes me wonder why I even came back to this forum.
Yes I understand back testing methods quite well thank you very much. The real question is why would I want to deceit myself?
I posted one method that has a modified version inside the EA. Backtest the method. See if the result is any different with control points and full 1 min data.
Please forget that I posted anything about my methods (note that EA is *never* nothing more than a computer version of your methods).
I'm done with this thread - I don't need discussion like this. Makes me wonder why I even came back to this forum.
Yes I understand back testing methods quite well thank you very much, I have quite a big experience in IT.
Let me ask you, why would I want to deceit myself? Did you see the method I posted few posts back? How does the result differ in using control points with that method? All the methods I use have a very similar slow motion and large sl.
Please forget that I posted anything about my EA, looks like it's more important to talk about non profit making methods. in fact I'll delete my posts.
Note that I don't trade with mt4. I use it just for validation of methods.
No comment for your method,
but you said that it hard to believe...,but you already delete it..
No need delete your posts, unless you feel ashamed of it
No comment for your method,
but you said that it hard to believe...,but you already delete it..
No need delete your posts, unless you feel ashamed of it
No I don't feel ashamed. I just don't want to continue discussion here and if I leave the posts there someone else might reply to them. As I said I'm done with this thread.
ps. I edited the post quite a lot after you quoted it
final edit: Just a final note before I leave, does this look like high quality enough for you (2004 - today EURUSD alpari data, "every tick") I have no clue what that 25% is not because this is lowest level data mt4 can have. Other is daily control points. Significant differences isn't there? It helps to know what you are doing when testing doesn't it?
I would like to send you a PM, could you clear a little bit your mail box as it does not receive new messages.
Thanks and regards.
Quote:
Originally Posted by MiniMe
Hi mikkom,
Those are long term trades and the idea is good.
In the ACT2008 I have seen a friend who takes the monthly low as his SL , but with this method comes DD and its difficult to accept the DD on a live account, unless very small lots are being traded.
if you want quick cash, you can buy the pullback in up or down trend.
to locate the pullback some traders use the 5 EMA , or 9 MAVG, other use bear and bull candles , and to define the trend you can use simple PSAR or H-ASHI
if you target 7-10 pips you should fine, but the main problem is to stay away from " flat / choppy" market as most of the trend following indicators lose money in a flat market ex " PSAR or H-ASHI".
So if you were able to define active vs flat market, then at that moment you can enable your expert to scalp in the direction of the PSAR or ASHI and you buy the pullback of the candles
There are many methods to define active vs flat market , for example when the price hit the upper band of the bollinger band this is an active market , what we know is that the price will pullback , if the pullback happened in the direction of the PSAR or ASHI then buy/sell and target few pips ... simple !!!
As you can see designing an expert is not a big deal if you know the chart and indicators and have an idea what to do .... sounds simple but not really because because defining active vs falt market is not easy , and taking the exit " SL " on the trades is more difficult than the entry ... finally finding a broker that will allow you to scalp with your method is another problem
my advice if you have a trading method that works and makes you few pips here and there , then stick with it and don't be tempted to change your trading style because you saw a nice statement or screen shot or the web
I would like to send you a PM, could you clear a little bit your mail box as it does not receive new messages.
Thanks and regards.
Dear bisecom,
As much as I would like to help you but I don't work in private, since working with some individuals have caused me a lot of headache.
I only add my comments to public posts or public codes, so I do apologize for not accepting any "private messages/ codes or / ideas" , but as I mentioned few pages back, we have excellent programmers in TSD they can help you with any code.
Please check with Newdigital or Linuxser they will guide you to the right thread where you can find the best programmers that you can trust.
Just to make things clear, here is the result from ea that we were discussing for 1 min testing and daily control points results from the same period side to side.
OK..OK...
As I said before, no comment for your method, I only comment for your last picture that you've been deleted, something like bolingerbands inside it.
Sorry but you're not allow me to send you a PM..
Quote:
Originally Posted by mikkom
edit: by the way yeah, no indicators can make this EA more messy than it already is, see the pic - Feel free to reverse engineer the pic if you feel like it - Hard to believe that the mess below turns to curve like the one below (20 years beginning with 10k with proper mm)
if I understood right you pick up points" control points" where you believe the price will be active and you trade the breakout of those points. Doing that you made your breakout expert trade only active market and avoid flat market, hence avoid false breakouts.
I didn't like the exit, because I believe it will results in some DD, but in general you picked up a good entry for your expert.
if I understood right you pick up points" control points" where you believe the price will be active and you trade the breakout of those points. Doing that you made your breakout expert trade only active market and avoid flat market, hence avoid false breakouts.
I didn't like the exit, because I believe it will results in some DD, but in general you picked up a good entry for your expert.
Uh you lured me back . Control points is just the testing method I used, nothing more, nothing to do with my method.
Long term trades require a wider stop so every tiny move doesn't take you out from huge move you are looking for. Also DD is always just as high as you want it to be, I prefer to risk 1-3% per trade.