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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=9999wolfe 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!
Interesting, let us know on the Guppy.
If you want, set max trades to 99999999999999999999 it will still work.
... 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
Ralph,
I agree with all you said.
There is a looooooooooooooooooooooooong way to go on this one!
I'm not sold on this method yet. Don't blame me, I'm just the wanna be programmer.
would you consider starting a new thread for PipIdiot™.
I would like to take it live when your finished with it.
I will tell you why I am willing to take it live...It is constantly using 0.02 lots...and I can start with 2K in a low spread pair like EUR/USD and last forever and I am convinced it will yield more than a CD. If I near a max margin situation, I can simply add 2K more and last another 6 months as there is no martingaling...
I hope that you start the new thread as I want to reference this work in my Live Account Journal at my Forum.
The current thread has nothing to do with its title and TFX 1.8 deserves its space as it has martingaling available.
ES
I agree, we could do that. You or Kayvan could start it if you wish. Do you want to wait until there is a better version?
could you start the thread...it is your EA...? I do not really know how to start the EA thread without ND moving it to the Discussion area...
I blew up two accounts with 1.8...I think most of the bugs are fixed. I just do not know a setfile to use with it. I know there is one and tfx 1.8 can do a lot.
I like PipIdiot™~...it is safer. If only Ralph would share ordergrouping with you.....You somehow missed an important post of his.
ES
Quote:
Originally Posted by wolfe
ES,
How is TFX v1_8 testing going anyway?
Last edited by ElectricSavant; 03-04-2008 at 02:01 AM.
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Linear Mode
