Holy Graily Bob 'n Dotty 'n Super Slope 'n Flying Buddha

[cozybooks]

Ah, it's amazing the obvious things I don't think of. So my trading in the middle tests are plugging along, just running their few meager trades, but doing just fine. Then I noticed that on AUDCHF in my test with Buy Low, Sell High disabled, a sell trade had closed just as a buy trade opened.

The sell trade opened correctly originally, and now SuperSlope changed direction and the buy trade was also opening correctly. But I had forgotten how the EA is set up to close buy trades on a sell signal and vice-versa:

For trading in the middle, if I'm not using the Buy Low/Sell High feature, I would let these two trades hedge each other. If price moves enough in each direction over time, they could both close in profit. More importantly, is SuperSlope keeps ranging back and forth, I could continually close trades at a small loss.

So for my purposes, I've changed the test version of the EA - coding changes I made as follows in case anyone wants to do something similar:

at line 247 under trading style (personal preference):
extern bool CloseonOppositeSignal=false; // cozybooks


Then around line 891 (for me) I added an extra condition to check first if CloseonOppositeSignal is true

if (CloseonOppositeSignal) // cozybooks
if (BuySignal)
SellCloseSignal = true;

if (CloseonOppositeSignal) // cozybooks
if (SellSignal)
BuyCloseSignal = true;



In theory this will work until Steve tells you that I've set a new record by somehow managing to botch up a 47 second modification.

Cheers!

[SteveHopwood]

at line 247 under trading style (personal preference):
extern bool CloseonOppositeSignal=false; // cozybooks


Then around line 891 (for me) I added an extra condition to check first if CloseonOppositeSignal is true

if (CloseonOppositeSignal) // cozybooks
if (BuySignal)
SellCloseSignal = true;

if (CloseonOppositeSignal) // cozybooks
if (SellSignal)
BuyCloseSignal = true;



In theory this will work until Steve tells you that I've set a new record by somehow managing to botch up a 47 second modification.

Cheers!

Yep. This buggers up just about everything to do with closing trades.


Only kidding. Looks fine to me.

[cozybooks]

Trading Only in the middle week #2: A study in what a difference it makes when you aren't careful with your EA Settings. Windows 10 problem caused me to have to set up my demos all over again from scratch.I I was supposed to be testing Recovery-yes and Recovery-No, but screwed that up, so there was no test with Recovery=yes

So I'm down to comparing BuyLowSellHigh set to true vs. false.

I'm letting the Milanese trade manager set the SL to 1-Day ATR 3.0 - 90 periods. On AUDUSD this came out to about 166 pips, and that was hit on both tests. I'd be interested to hear from TJF if he thinks this is too low a SL setting (it comes out to about 250 pips on USDJPY, for example).

1. Hi-Lo TRUE Week 1: -73 pips Week 2: - 50 pips / Total for Month = -123 pips
3. HI-LO FALSE Week 1 + 128 pips Week 2: + 145 pips / Total for Month = + 273 pips

So far, Setting HI-LO to false is a clear winner, but ... I immediately questioned why Hi-Lo set to true had a lot more trades than Hi-Lo set to false. It should be the other way around. I found that on the Hi-Lo set to True, I had set Sixths to 6 instead of 4 (based on original TJF setting). Bigger trading area = more trades.

I'm going to abandon my recovery tests for the rest of the month. Instead, I will be testing HI-LO set to True vs. False, as well as Sixths set to 4 vs. 6. This will still allow for four full sets of tests.

Happy Trading!

[TraderJoeForex]

I'd be interested in ested to hear from TJF if he thinks this is too low a SL setting (it comes out to about 250 pips on USDJPY, for example).

... Depends on your TP but sounds plenty wide enough if you are still using jumping SL.

I had the same problem with Windows update this week. Read Sara's advise to me in the TrendRangeCombo II thread to stop from happening again.

[cozybooks]

Trading in the Middle testing update. Lots of stops and starts this month. Quick recap.
I have only two valid tests through three weeks:
Sixths (divided into 6) with Buy Low Sell Hi =true:
Week #1: - 73 pips /// Week #2 & 3 combined: + 200 pips(but incredibly no money)

Sixths (divided into 4) with Buy Low Sell Hi = false:
Week #1: + 128 pips /// Week #2 & 3 combined: + 65 pips (again, just about break even in money)

I am testing both Sixths set to either 4 or 6 and Buy Low/Sell Hi set to either true or false. Four tests total. Week #3 had most pairs already off at the extremes, so I was left with only the two tests I had going from week #2. I closed all trades Friday London close, so this lets me start clean next week.

Interesting that GBPAUD hit on the 500 pip TP Basket setting I had with just one trade - quite the trade!

This might seem like a lot of trading going nowhere, but I'm heartened by the results in the overall scheme of things.

I've been looking back at actual trades to see how things would have fared if I used the lower Sixths line as a SL for buy trades, and the upper Sixths line as a SL for sell trades. So far, it would have been a clear winner to have traded that way. I'll continue to track that and see how it goes.
Have a great weekend!

[cozybooks]

Well, July closes and i finally have one week of data for all four settings.
Recap - 14 pairs using the original TJF 1-hour settings test with Daily SS as filter, except no grid. Using Milanese APTM to control trades. A losing week for all options, but I'll let them fly in August and hopefully get some meaningful data.

Sixths Chart Divisor=4, Buy Low Sell High = true -24 pips
Sixths Chart Divisor=4, Buy Low Sell High = false - 14 pips

Sixths Chart Divisor=6, Buy Low Sell High = true - 385 pips
Sixths Chart Divisor=6, Buy Low Sell High = false - 232 pips

For one week, Chart Divisor of 4 is the clear winner, but I'll let them both go and see how they compare.

Slightly off topic- my cat Popoki had a good week with his EMA5 auto trader, up 316 pips trading just EURUSD on a 15 minute chart. This is an old EA I dusted off when I realized I was trading the Flying Buddha signal before I realized what it was or that there was an indicator for it.

Basically, Popoki buys and sells in the Sixths middle when he sees four FB arrows in a row, closing on opposite signals in the middle if the basket of buy or sell trades is in profit. He also buys when price goes above the middle, and sells when price falls below the middle. He's still evolving, but If he continues to show a profit, I'll report back.

Happy trading!

[cozybooks]

Duh, forgot to add that yes, I am trading only the middle on all four of the reported results.

[cozybooks]

Hi all,

I see new toys have gotten everyone's interest, but sometimes it's still fun to play with your old clunker tonka truck that's missing a wheel and has some rust from being left outside overnight a few times.

My Global Prime demos lost their connections at the beginning of this week and never got them back. I think Global Prime finally cut off demo server access to users with IP addresses in the U.S. since we can't set up live accounts, but that's just a guess. Anyway, I took it as a sign and ran live for the week. US NFP tomorrow, and I was in profit, so I closed all trades around London close today.

I think it took two years of Steve hammering it into our heads to not let profits disappear before I smartened up, but better to learn late than never!

Trading only in the middle, 1 Hour TF, 15 pairs, no grid, Sixths Chart divided by six, SL was set by Milanese Trade manager, otherwise I used the original TJF 1 hour settings. Some trades I closed manually if I thought I should book profits while they were there or if a loss was spiraling out of control.

U.S. trading, so I have buy and sell trades in separate accounts. Net profit between the two accounts was a cool 409 pips ($ 36.52 USD) . You can still run this comfortably on a $1,000 account to start.

At some point my biggest drawdown was around $35.00 between the two accounts, so I'm very happy with how things are progressing.

A great start, and I'll post updates as I go along if the thread stays open. EURAUD posted a 298 pip loss before I closed it, as the trade manager had issues on the flimsy U.S. criminal this account is in. Early manual testing still shows that setting the outside Sixths line as a maximum SL would be better, or a maximum SL of around 200 pips if that's less than the outside sixths line. I'll play around with it as I move forward and see how things go.

Happy trading!

[SteveHopwood]

Hi all,

I see new toys have gotten everyone's interest, but sometimes it's still fun to play with your old clunker tonka truck that's missing a wheel and has some rust from being left outside overnight a few times.

Quite right too. This old rustbucket is a very good EA that trades on sound principles.

[TraderJoeForex]

Hi all,

I see new toys have gotten everyone's interest, but sometimes it's still fun to play with your old clunker tonka truck that's missing a wheel and has some rust from being left outside overnight a few times.

My Global Prime demos lost their connections at the beginning of this week and never got them back. I think Global Prime finally cut off demo server access to users with IP addresses in the U.S. since we can't set up live accounts, but that's just a guess. Anyway, I took it as a sign and ran live for the week. US NFP tomorrow, and I was in profit, so I closed all trades around London close today.

I think it took two years of Steve hammering it into our heads to not let profits disappear before I smartened up, but better to learn late than never!

Trading only in the middle, 1 Hour TF, 15 pairs, no grid, Sixths Chart divided by six, SL was set by Milanese Trade manager, otherwise I used the original TJF 1 hour settings. Some trades I closed manually if I thought I should book profits while they were there or if a loss was spiraling out of control.

U.S. trading, so I have buy and sell trades in separate accounts. Net profit between the two accounts was a cool 409 pips ($ 36.52 USD) . You can still run this comfortably on a $1,000 account to start.

At some point my biggest drawdown was around $35.00 between the two accounts, so I'm very happy with how things are progressing.

A great start, and I'll post updates as I go along if the thread stays open. EURAUD posted a 298 pip loss before I closed it, as the trade manager had issues on the flimsy U.S. criminal this account is in. Early manual testing still shows that setting the outside Sixths line as a maximum SL would be better, or a maximum SL of around 200 pips if that's less than the outside sixths line. I'll play around with it as I move forward and see how things go.

Happy trading!

Glad you've made the jump. And definitely wise to bank profits ahead of news