Hi
Is it correct for trading time setting from GMT+8 to GMT-7
GMT+8 = +02:00,-19:00
GMT-7 = +00:00,-04:00,+11:00,-23:59;
MADTrader
- renexxxx
- Trader
- Posts: 860
- Joined: Sat Dec 31, 2011 3:48 am
MADTrader
This is in GMT: from 18:00 until 11:00 or, +00:00,-11:00,+18:00,-24:00stock » Tue May 10, 2016 2:47 pm wrote:GMT+8 = +02:00,-19:00
So, in GMT-7 this becomes: from 11:00 (am) until 04:00 (am), or +00:00,-04:00,+11:00,-24:00stock » Tue May 10, 2016 2:47 pm wrote:GMT-7 = +00:00,-04:00,+11:00,-23:59;
Technically, in your format (+00:00,-04:00,+11:00,-23:59) MADTrader would stop trading between 23:59:00 and 24:00:00 (i.e. for one minute).
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stock
- Trader
- Posts: 10
- Joined: Sat Aug 02, 2014 12:08 pm
MADTrader
Many Thanks Renerenexxxx » Tue May 10, 2016 7:02 am wrote:This is in GMT: from 18:00 until 11:00 or, +00:00,-11:00,+18:00,-24:00stock » Tue May 10, 2016 2:47 pm wrote:GMT+8 = +02:00,-19:00So, in GMT-7 this becomes: from 11:00 (am) until 04:00 (am), or +00:00,-04:00,+11:00,-24:00stock » Tue May 10, 2016 2:47 pm wrote:GMT-7 = +00:00,-04:00,+11:00,-23:59;
Technically, in your format (+00:00,-04:00,+11:00,-23:59) MADTrader would stop trading between 23:59:00 and 24:00:00 (i.e. for one minute).
That's why my all MADDY forward test are lost.
- Wavegarrick
- Trader
- Posts: 1172
- Joined: Sun Dec 30, 2012 11:21 am
- Location: South Africa
MADTrader
Hi Guys
Must say I am vey happy with my 21 60 ma cross settings on the 5 and 15 minute timeframe...it is more like following intraday swings up and down and it can be quite profitable in the long run...what is more significant is that losers are closed out timeously with minimal losses.
However there is something I am striving towards and that is getting into medium term trades using fresh signals..
In my observations and following moving averages for many years now and thousands of hours of screen time, there are two moving averages that stand out for me on the 15 minute t/frame and that is the 120 and 240 Lwma set to open...this is where these crosses have always come to the forefront in medium term swings..now some may ask why not 21 and 60 on the hourly timeframe well the simple reason is that I want to reduce the lag effect of moving averages crossing over on the one hour t/frame hence a signal will only be generated at the close of the 1 hour candle...for this reason I like to go to the 15 minute t/frame/candle and simulate these crosses.
I have often said that the 60 /240 ma cross on the 15 min t/frame is good ...however the 120 and 240 cross is even better...now the magic of stochs, of course many dont believe in them...well I have seen this time and time again when the daily 533 stochs turn up from below 20 and you have a 120/240 Lwma set to open crossover 15 min t/frame you have a medium term buy swing reversal and vice versa for a sell...
So I will slowly move my tests towards this on Mad trader...and for anyone who likes to read my frequent maybe monotonous posts this might be a good way to go for you as a medium term swing trader..
Tc guys.
Must say I am vey happy with my 21 60 ma cross settings on the 5 and 15 minute timeframe...it is more like following intraday swings up and down and it can be quite profitable in the long run...what is more significant is that losers are closed out timeously with minimal losses.
However there is something I am striving towards and that is getting into medium term trades using fresh signals..
In my observations and following moving averages for many years now and thousands of hours of screen time, there are two moving averages that stand out for me on the 15 minute t/frame and that is the 120 and 240 Lwma set to open...this is where these crosses have always come to the forefront in medium term swings..now some may ask why not 21 and 60 on the hourly timeframe well the simple reason is that I want to reduce the lag effect of moving averages crossing over on the one hour t/frame hence a signal will only be generated at the close of the 1 hour candle...for this reason I like to go to the 15 minute t/frame/candle and simulate these crosses.
I have often said that the 60 /240 ma cross on the 15 min t/frame is good ...however the 120 and 240 cross is even better...now the magic of stochs, of course many dont believe in them...well I have seen this time and time again when the daily 533 stochs turn up from below 20 and you have a 120/240 Lwma set to open crossover 15 min t/frame you have a medium term buy swing reversal and vice versa for a sell...
So I will slowly move my tests towards this on Mad trader...and for anyone who likes to read my frequent maybe monotonous posts this might be a good way to go for you as a medium term swing trader..
Tc guys.
Last edited by Wavegarrick on Wed May 11, 2016 6:15 am, edited 1 time in total.
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AKCodingEye
- Trader
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- Joined: Sun Dec 15, 2013 10:00 pm
MADTrader
Today was very slow day and ended up -189.50.
I keep making some small changes everyday when i see something that can improve EA result more. So will update you guys when i can see some consistent pips and share presets after that.
I am setting Target for EA for myself now.
1) Try to minimise drawdown as much as i can and work on it.(My target max 3-5% DD)
2) Run at least for 2 months so i can come accross all human error that i had with one EA because of copy/paste presets.
3) Go live after 20% return for a month for two consecutive months as i am not in hurry.
That's my PLAN for next few months. Please suggest if i am missing anything that help me doing bit better.
Its always good read from you Leon
I always test your idea so keep them coming whenever you can :hi:
-AK
I keep making some small changes everyday when i see something that can improve EA result more. So will update you guys when i can see some consistent pips and share presets after that.
I am setting Target for EA for myself now.
1) Try to minimise drawdown as much as i can and work on it.(My target max 3-5% DD)
2) Run at least for 2 months so i can come accross all human error that i had with one EA because of copy/paste presets.
3) Go live after 20% return for a month for two consecutive months as i am not in hurry.
That's my PLAN for next few months. Please suggest if i am missing anything that help me doing bit better.
Its always good read from you Leon
-AK
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- Wavegarrick
- Trader
- Posts: 1172
- Joined: Sun Dec 30, 2012 11:21 am
- Location: South Africa
MADTrader
Man I like u buddyI am setting Target for EA for myself now.
1) Try to minimise drawdown as much as i can and work on it.(My target max 3-5% DD)
2) Run at least for 2 months so i can come accross all human error that i had with one EA because of copy/paste presets.
3) Go live after 20% return for a month for two consecutive months as i am not in hurry.
That's my PLAN for next few months. Please suggest if i am missing anything that help me doing bit better.
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desi
- Trader
- Posts: 35
- Joined: Mon Jun 11, 2012 5:42 am
- Location: Canada
MADTrader
Hi, I have all set up correctly and using your Stochs H1, MA 5 and 15 cross set files ( from page 66) on three EAs ( Two Ma cross EAs on one Empty4 platform) and there is not a single trade in almost 24 hours. As per Experts tab MadTrader 1.1 is initialized and there are no error messages.Wavegarrick » Fri May 06, 2016 12:19 am wrote:Hi Guys.
For anyone using my setfiles I have decided to change my 4 and 8 Lwma on Madtrader v1.1 to 21 and 34 Lwma as a trial.
Whilst it is good to have early closures to keep your drawdown to a minimum these little pullbacks can also sap your account when the market is moving slowly...There are just not big enough movements to counter these small losses.
Thoughts on this are welcome .
Anyway lets see now
Tc
What you think I am doing wrong? Thanks.
- SteveHopwood
- Owner
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- Joined: Tue Nov 15, 2011 8:43 am
- Location: Misterton - an insignificant village in England. Very pleasant to live in.
MADTrader
I have not been around here for a while. Great to see thingies going with a swing. Sing out by PM if you need me to to anything to help.

Read the effing manual, ok?
Afterprime is the official SHF broker. Read about them at https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=175790#p175790.
I still suffer from OCCD. Good thing, really.
Anyone here feeling generous? My paypal account is always in the market for a tiny donation. pianodoodler@hotmail.com is the account.
To see The Weekly Roundup of stuff you guys might have missed Click here
My special thanks to Thomas (tomele) for all the incredible work he does here.
Afterprime is the official SHF broker. Read about them at https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=175790#p175790.
I still suffer from OCCD. Good thing, really.
Anyone here feeling generous? My paypal account is always in the market for a tiny donation. pianodoodler@hotmail.com is the account.
To see The Weekly Roundup of stuff you guys might have missed Click here
My special thanks to Thomas (tomele) for all the incredible work he does here.
- renexxxx
- Trader
- Posts: 860
- Joined: Sat Dec 31, 2011 3:48 am
MADTrader
Just to confirm: Do you have MADDY1.7 running on one chart and are there any currency groups colored red or green?desi » Wed May 11, 2016 8:46 am wrote: What you think I am doing wrong? Thanks.
- renexxxx
- Trader
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- Joined: Sat Dec 31, 2011 3:48 am
MADTrader
Thanks Steve, for passing by. Just your post in this thread helps a lot to attract more attention to this.SteveHopwood » Wed May 11, 2016 8:58 am wrote:Sing out by PM if you need me to to anything to help.