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View Poll Results: Anybody trade a mechanical trading system on live account?
Yes 38 60.32%
No 10 15.87%
Planning To 14 22.22%
Still Deciding 2 3.17%
Yeah Right! 4 6.35%
Multiple Choice Poll. Voters: 63. You may not vote on this poll

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  #81 (permalink)  
Old 05-19-2007, 02:54 AM
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Quote:
Originally Posted by fxinthecity
Hello

Great Gale

But if there is an EA it will open 1 postion if we attach the EA to the chart... so that means. Everyone has different trades, i think its better to put a time to begin from Level 1, or an Indicator... to open a position.It's at the beginning of the month.....and just let it go....when exits, enters at the same time...

Otherwise you must maybe only be a little bit lucky... or not... if you start the EA in the middle of a trend, or at the beginning...

So i think you have to be lucky at the time you start the EA and win, or not and lose..., and this market wont work with luck...
Anyway
Looks like a great new DanTINGALE System , with a big black hole...

So there must be a decision to open a trade... Time or Indicator...Time. Maybe, with indicators, we'll see what the other guys have to say about this...

Regards

.................
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  #82 (permalink)  
Old 05-19-2007, 02:54 AM
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Quote:
Originally Posted by sirwolf
Thanks Mike and Dan!

I wasnt clear if you went opposite on a win or not, but now I know. Thank you both!
Yes, You go opposite if You lose.
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  #83 (permalink)  
Old 05-19-2007, 04:01 AM
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Quote:
Originally Posted by Dan7974
Thank You Ryanklefas. I think it is wrong, becuase it wouldn't be that failing! Also, the statement should be the same even if You change it to anytime. Like I tested M5, and M1, and it showed different results? You put 25 Stop, and 50 Limit. Remember, the limit shoold increase, and the stop should decrease, by 1 pip each time You lose. And did You code the lots to go like this?
1,1
,2,3,5,8,13,21
Do You understand my method fully? Ask any questions please if You have any. Thanks,


Dan.
Yes, I do understand your system.

The differences that you encountered on the backtests probably came from the fact that the backtester is a piece of crap, to put it simply. Also, if you watched the lotsizes on the backtest, you would have seen that it does in fact increase based on the fibo progression. What will kill the system is when the progressions become too big. As for the sl and tp not adjusting, I know already; when I posted the EA I said that it was not yet done. I will soon post the source code so other programmers can help develop the EA or catch any mistakes that I made, as I am short on time.
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  #84 (permalink)  
Old 05-19-2007, 04:21 AM
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This is the most recent version of the EA. It will work the same as the one that I posted before. This one does however have Trailing Stops and breakeven options available. I have taken out other unnecessary functions and code that don't correspond to Dan's system, so that it will be easier for others to contribute. I'm relinquishing this project to any other programmer that wants to take this project on. Feel free to rip the code to pieces if need be.
Attached Files
File Type: mq4 Nature BETA 2.mq4 (23.2 KB, 244 views)
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Last edited by ryanklefas; 05-19-2007 at 04:49 AM.
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  #85 (permalink)  
Old 05-19-2007, 05:25 AM
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Quote:
Originally Posted by ryanklefas
This is the most recent version of the EA. It will work the same as the one that I posted before. This one does however have Trailing Stops and breakeven options available. I have taken out other unnecessary functions and code that don't correspond to Dan's system, so that it will be easier for others to contribute. I'm relinquishing this project to any other programmer that wants to take this project on. Feel free to rip the code to pieces if need be.

Thank You, I will test it! Starting Sunday. I will see if it needs adjusting. I really am very grateful that You made that EA. I can only imagine how much You've coded, and how confusing it is......
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  #86 (permalink)  
Old 05-19-2007, 01:35 PM
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The Nature System

Hai Dan,

One question, Your said your system works best on currencies with less 25 pips consolidation, can you explain about that ?

Regards,
Syaqila
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  #87 (permalink)  
Old 05-19-2007, 05:13 PM
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Quote:
Originally Posted by Syaqila
Hai Dan,

One question, Your said your system works best on currencies with less 25 pips consolidation, can you explain about that ?What I mean is flat market. You know? You can only lose on my method, THE NATURE SYSTEM, if we have consolidations. What I mean by that is that, the market goes 25 Pips ( or 24 on 2nd trade, and 23 on 3rd trade, etc. ) up, and 25 pips down, and 25 pips up, and another down, we are losing money. But, when the market breaks throught that consolidation, or rectangle, we cover all the losses, and ,make a huge profit !

Regards,
Syaqila


That's about it. With Consolidations.
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  #88 (permalink)  
Old 05-19-2007, 05:42 PM
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So, any manual tests done yet?
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  #89 (permalink)  
Old 05-19-2007, 09:23 PM
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Can you post the resource you got this method from so it can be studied in full detail?

Quote:
Originally Posted by Dan7974
So, any manual tests done yet?
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  #90 (permalink)  
Old 05-19-2007, 10:37 PM
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Big drawdown

I started backtesting from 2004 on the GBPUSD pair.

10k would not be enough, after 2 months 14.4 lots were reached, that means 12 losses.

Unfortunately the ea uses a lot of ressources ans becomes more and more slow. After 2 hours only two months were ready on strategy tester. Maybe it can be improved to use less computer power.

IMHO the system needs an optimization of SL and TP. Earnings of appr. 1k/month with a minimum 20k balance and some huge drawdowns are not so promising.

When we are trapped in a ranging market - on the false site - the oscillation leads to resonance - the lotsize becomes bigger and bigger the margin call is near. So we should change the own frequency of oscillation (to avoid resonance) by optimizing SL and TP to be released and collect pips more quickly to be protected againsr margin call.

Unfortunately I had to stop my investigation because of a small problem

Can't get tester module working! please help !

I would appreciate if someone could help

Bluehippo
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