Holyguy,
I see you used MM on your foward test. What was it 20 activate, take pips 10?

It wasn't MM it was the obsolete setting closing the trade after 30 minutes. Very cool!

Attached are the results from the seting on post 284, I also have a copy of the webpage for future refrence.

Attached Files

Results.zip (80.3 KB, 162 views)

Obsolete Setting does not close the trade after 30M, here is what it accually does (which is VERY COOL).

Say you are in a position LONG on the EURUSD and you are up 30 pips (with a take profit of 40 and stoploss of 30). Sudden, the conditions of the market change and you start to lose your profits. What Obsolete settings does it check every 30M (or 15 or 60 or whatever you specify) to see if the conditions are still there for you to stay in your long position. If after 30 minutes it says, "Conditions have now changed, you should be in a short position now!" it immediately CLOSES your LONG position wherever you have it (say at this point you are only up now 5 pips) and opens a SHORT position in the opposite direction!!! That way, you do no lose ALL your profits and you don't have to take a stoploss either. Thus, you just made 5 pips on the trade and did not lose 30 that you probably would have. Plus, since you are now trading in the opposite directiion, there is a good chance you can capitalize on changing market rather then just losing money.

I hope that helps everyone and if I am wrong, Nich or someone else, please correct.

These are my statements for H1 timeframe:

Besides the SL and TP on the statement, here are the changes to default made:

UseObsoleteMethod: True
ObsoleteMinutes: 30

Overall pretty good. As you will notice that some currency pairs did better than others and the Non-Farm report really dropped profitability down somewhat (on Friday), but overall profitable.

Attached Files

Statements.zip (40.2 KB, 150 views)

Sada,

Can we get an end of the week update on those statements? Thanks for all the hard work.

holyguy7

In statement post 5 had you TS? I am not understanding whay you have gain 8 pips or loss 7 pips. Can you this explain?


Ok I know this is obsolete metode

Here they are...

and here are the analysis per statement:

On Alpari H1 tp 20:

Best pairs: CHF/JPY; EUR/USD; NZD/USD; GBP/USD = 547 PIPS

Alpari H1 TP 40:

Best pairs: EUR/CHF; GBPUSD; NZDUSD; USD/CHF = 616 pips

Alpari M15 TP20:

Best Pairs: AUD/USD; EUR/JPY; USDJPY = 80 pips

Alpari D1 TP 40:

Best pairs: USD/CHF; USD/JPY = 140 pips

MIG H1 TP 20:

Best pairs: AUS/USD; CHF/JPY; EUR/CHF; EUR/USD; GBP/USD; NZD/USD; USD/CHF = 638 pips

MIG H1 TP 40:

Best pairs: aud/jpy; cad/jpy; eur/usd; gbp/usd; nzd/usd; usd/chf; usd/jpy = 848 pips


I use mt4report software to analyse these statements...For future "best pairs" please download the software and use it :P

Software can be found at:

http://www.forex-tsd.com/13833-post3.html

Sada

PS: I am cancelling the D1 tests.

Attached Files

statements april 7.rar (102.7 KB, 144 views)

What ever happened to the "sending nick money via paypal" idea?

__________________
"Anyone who has never made a mistake has never tried anything new." -Albert Einstein

Ahem... my my...WHAT IS THIS?!?!?! I thought you were already filthy rich and just hanging around here, coding this cool EAs just for kicks 'cause you have so much time and money in your hands.

Tell you what, if one of your EAs passes the acid-forward test, end up in a real account and makes me serious $, I will gladly press the paypal button to anywhere you want...hehehe

Sada