Originally Posted by ElectricSavant

Wifey will divorce me if I do not turn the sound off.

Originally Posted by ElectricSavant

Everybody..

I have glanced back at the history of GBP/JPY and I am still working on this but I have some preliminary TRADING NUMBERS FOR YOU TRADERS THAT ACTUALLY TRADE LIVE FUNDS.

If you start with 2K and 0.02/0.02 on Guppy M5 w/5 lag...you will not find the chart pattern that will wipe you out. I am still checking though....but this is what I have so far.



PipIdiot™ setfile

Start_Lot_Size=0.05000000 late edit 0.02 per 2K
Lot_Size_Increment=0.05000000 late edit 0.02 per 2K
Long_Short_Balance=0
Balance_Weight=0.10000000
Max_Trades=9999 wolfe is this capping off at 500?...is it working according to the user inputs using 4 digits?
Close_All_Max=0
Auto_Restart=1
Next_Trade=20
Bar_Timeframe=5
Bars_Look_Back=1.00000000
EntryLag_Long=5
EntryLag_Short=5
Use_Trailing_Stop=1
Trail_Start=20.00000000 late edit 10 (for 0.02 per 2K)
TSLoss_Percent=50.00000000
Close_By_Percent=0
TP_Percent=5.00000000
SL_Percent=10.00000000
Close_By_Profit=5.00000000
Close_By_StopLoss=99999.00000000
Slippage=5
Number_Of_Tries=5
Sound=1




....☺☺☺☺ES...™
Get aboard the ES wagon!

Originally Posted by ralph.ronnquist

... being put on the spot like that, I loaded up a few experiments, backtesting only, and, well, I think there's a bit to go. It looks nice, decorating peaks blue and troughs red, on the prospect of catching the next major jump up or down.

But, is it a winner?

Well, it keeps opening trades by breach level logic, until one of a few things come about: firstly it might reach a favourable profit situation, secondly it might reach a limit to the number of trades, and thirdly it might reach a "terminal" loss situation. The first is good, the second is 50-50, and the third is bad.

By design, the third won't happen without the second, because while new trades can be added in the most recent price move direction, the EA does so, and thereby it changes the effective trade size and direction. (No need to redo the math ).

It seems the trade limit has two reasons: either reaching the set count of trades, or reaching as many trades as margin allows. The count of trades is also tied to an optional force closing, while a margin limit merely makes the EA sit and wait for an eventual win or loss.

Perhaps the force close option should apply to margin limit as well? The exits would then be either profitable or the 50-50 force close, which perhaps would make it statistically a 50-50 machine, though tunable to lean towards winning for finite time and a sub set of potential price move histories.

Ok, so it's easy to be critical, and to shine of pretentious wisdom without having trialled all, or most, even, of the options. That's what you get when you ask for it

Originally Posted by wolfe

Yes, anyone know a better way to close multiple orders without slippage in price?

I'm not sure it's possible.

My only advice thus far is to set a higher TP.

Originally Posted by ElectricSavant

Originally Posted by wolfe

ES,

How is TFX v1_8 testing going anyway?

Originally Posted by ralph.ronnquist

Maybe one could cap that close price difference by pairing up the trades and use OrderCloseBy; that'd be some serious coding, though....

Originally Posted by ElectricSavant

Ralph,

could you explain this more?

Can I help?

ES

Originally Posted by wolfe

Interesting, let us know on the Guppy.

If you want, set max trades to 99999999999999999999 it will still work.