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Your thoughts help alot and I appreciate your MACD advice.
I will try those settings on another test run after I'm finished with this one.
I think I neglected to report that I am running this combo on a 15 min chart which may make some difference. Also I am running the "close at too much loss" set at $300. I'm really interested to see how it ends up.
Thanks so much for your help.
N2
Quote:
Originally Posted by davidke20
LOL... feels like 2 grandpa on 1 thread now. Anyway, I have no experience with mode1e, from what I observed in the code, it should work fine on the 4 majors. Those are USDJPY, EURUSD, USDCHF and bigger pip step with GBPUSD. It looks more like a anti trend system. If it kick in long, that would be pick bottom to start long. If things aint work out, it will carry out double down as Martingale tradings from the bottom ride the trend all the way up. What if it pick the wrong anti trend(correction after a trend), or better take it this way, what if the correction aint take the position to profit. The market start to carry on down trend. mode1e will start do stupid things, which is carry on open long position. You'll continue on the false signal and take the big hit(stop loss). That is what I dont like about anti trend martingale. The MACD if tuned properly, may be set it as FEMA=28, SEMA=62, Signal=18, that will change the entire system become a trend friendly signals. Hope this help.
Regards,
David
LOOOOOOOOOL how bout grampa and 1/2..... looooool
__________________
Great spirits have always encountered violent opposition from mediocre minds...
It could be that chfjpy lacks the volatility to be a good pair for Goblin.
Yes! this is exactly what I'm saying. CHFJPY is a little to low in volatility for my settings and I don't have the experience (or the indicator descriptions) to be able to figure out how to adjust them.
I will take your advice and adjust PipStop and TakeProfit on the CHFJPY pair. I think there may be something good going on here.
Quote:
Originally Posted by yeoeleven
Good to see that the Combo is working for you. Mine is climbing back and now has +$611 closed with -$1.8 floating.
John
Alright! Don't ya just love that cha_ching cha_ching sound?
One more thing, I am working on putting a somewhat comprehensive list of News Announcments and corresponding volitilities for most (if not all) of them. I should be completed with this in a couple of days. Maybe this will help us at least know when to pull the plug on these EA's and save weekly drawdowns.
Really appreciate the help!
N2
__________________
Great spirits have always encountered violent opposition from mediocre minds...
My v12's are looking pretty good. I'll post new results at end of week again. I'm running eurusd on both 30m and 15m and not noticing much difference. I had thought 15m might produce more action, but really haven't seen it.
More forward testing on my NorthFinance account, see post 1562 Edited to change the number to 1557 for details, the only change is that as the account has grown so have I increased the SecureProfit is now up to $700.
Closed Profit $54621 Floating Loss $176
This since 5th March from an account starting with $19000. I am waiting for the inevitable crash and hoping that the profit generated will more than cover it when it happens. If this was a live account there would have been withdrawals made by now so that if the entire account was lost I would be well in front.
I'm not sure what is causing this but since I changed settings on CHFJPY TAKEPROFIT from 15 TO 08 and PIPSTEP from 18 TO 15 AND also changed TF from 15MIN to 30 MIN, it seems that every trade CHFJPY is now taking is losing fairly big. It is continuing to SELL against the uptrend and has not make one single BUY. Yet GPB continues to make profits.
I thought I had the "CloseTrades if TooMuch Loss"running but I inadvertantly had the "CloseTrades if Account Profit Reached" running instead so profit was not protected by that program up to this point.
Without this CHFJPY debacle the combo would still be in profit but that's a "couldaWouldaShoulda" only good in horseshoes thinking.
What to do now... ? Do I let this run its course, change CHFJPY settings back to what they were before when it was running without any losses, start up the 'CloseTrades After Account Loss TooMuch' correctly or or just start over again? HELP! Any suggestions would be very appreciated. See report below.
I am still encouraged that GBP is still performing very well at its current settings but what bothers me is, while GBP acts as though it is making intelligent buy/sell decisions, CHFJPY acts as though it is taking ONLY SELL signals without concern of loss or recouping losses. I don't understand why it is acting so differently from GBP.
Thanks,
N2
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Great spirits have always encountered violent opposition from mediocre minds...
Last edited by Need2bFree; 03-14-2007 at 08:33 PM.