Macd Stochastic Fractal MA5/25 Daily Marylin

[nubika]

Guys here are the links to my LIVE Demo accounts running on MyFxbook:

Frank

Morning Nubika,

What is a live demo account please ?

Zyp

may be a demo account not yet blow up :)

Morning Phil,

Do you confirm that the best option is to let the winners run without fixing TP targets ? I do recall you mentionning this a while ago based on your thourough backtesting.

Thx,

Zyp

Hi Zyp,

after many test with different kind of TP strategies and basket strategies in my opinion best is let Marylin run

Cheers

Tommaso

Tommaso,

Here is the link to the version which is not closing and I let it run. The issue here is the same, the closure of those orders what I mentioned earlier, not allowing the trades to develop and to turn into profit. At least that has to be looked at or to have a switch to deactivate it.

http://www.myfxbook.com/members/Nubika/ ... hf5K4NdAI1

This is version 40b the official version and still have the same issue. No point letting it run if gradually the EA will close the trades out with a loss.

Frank

PS: This is only a few days old and I did close it after a quick $100 gain then I let it run on its own with all the recommended settings to gain another quick $100 (at one stage you need to take profit or wait until the EA closes by itself?) This one is set to $100 profit takes by the basket, but running with no individual TP settings.

[milanese]

Tommaso,

Here is the link to the version which is not closing and I let it run. The issue here is the same, the closure of those orders what I mentioned earlier, not allowing the trades to develop and to turn into profit. At least that has to be looked at or to have a switch to deactivate it.

http://www.myfxbook.com/members/Nubika/ ... hf5K4NdAI1

This is version 40b the official version and still have the same issue. No point letting it run if gradually the EA will close the trades out with a loss.

Frank

yes I made it yet look here http://www.stevehopwoodforex.com/phpBB3 ... start=1229

Cheers
Tommaso

[Zypip]

Tommaso,

Fantastic help. Is there a way to add a set TP module as well so we can manually set a TP target for each pair we load the EA on to?

Frank

sure I will add this too

Hi all

Attention not to deform too much Marilyn with all this plastic surgery !

Too many parameters... will killed an EA

Phil,

Those 2 extra addition will not kill the EA. As you see from my post above I already turned off all those settings and the EA still runs perfectly, just the annoying closure thing is what we need to look at. That is not necessary at all in my opinion.
Being able to set TP is just me asking for it, if not possible then I just set it manually, but that takes a lot of time.

Frank

Nubika,

you've been trading this EA for like one months. I would just trust a few years backtesting from Phil (who obviously knows what is doing) more than a few months of live/demo testing. Don't get me wrong I am not placing myself ahead of you, it is just that Phil knows MM for 3-4 years and we've only been introduced to her a few months back.

Again, I am happy that you are making pips for the time being. Just saying that in the long term you might be better off without departing too much from Phil's orginal idea.

Having said that, there is probaly room for some improvement (which was, I believe, the reason why Phil shared MM in the first place) then I guess keep the community posted

Pip safe.

Zyp

[nubika]

Tommaso,

Fantastic help. Is there a way to add a set TP module as well so we can manually set a TP target for each pair we load the EA on to?

Frank

sure I will add this too

Hi all

Attention not to deform too much Marilyn with all this plastic surgery !

Too many parameters... will killed an EA

Phil,

Those 2 extra addition will not kill the EA. As you see from my post above I already turned off all those settings and the EA still runs perfectly, just the annoying closure thing is what we need to look at. That is not necessary at all in my opinion.
Being able to set TP is just me asking for it, if not possible then I just set it manually, but that takes a lot of time.

Frank

Nubika,

you've been trading this EA for like one months. I would just trust a few years backtesting from Phil (who obviously knows what is doing) more than a few months of live/demo testing. Don't get me wrong I am not placing myself ahead of you, it is just that Phil knows MM for 3-4 years and we've only been introduced to her a few months back.

Again, I am happy that you are making pips for the time being. Just saying that in the long term you might be better off without departing too much from Phil's orginal idea.

Having said that, there is probaly room for some improvement (which was, I believe, the reason why Phil shared MM in the first place) then I guess keep the community posted

Pip safe.

Zyp

Zyp,

That is exactly my aim here too, to keep it developing as much as it is possible. As you see I found the original version the most profitable up to this point.
A few month of LIVE testing is good enough for me. Back test I do not trust at all. I burnt my finger too many times with relying on backtest reports and running the EA's on live.
I actually run about 10 different setups of this EA, but only those I posted are linked to MyFXbook and have promising results.

As I said this EA is far better than I have seen for a very loooong time.

Frank

[Zypip]

Guys here are the links to my LIVE Demo accounts running on MyFxbook:

Frank

Morning Nubika,

What is a live demo account please ?

Zyp

may be a demo account not yet blow up :)

Morning Phil,

Do you confirm that the best option is to let the winners run without fixing TP targets ? I do recall you mentionning this a while ago based on your thourough backtesting.

Thx,

Zyp

Hi Zyp,

after many test with different kind of TP strategies and basket strategies in my opinion best is let Marylin run

Cheers

Tommaso

Hi Tommaso,

That's what I found too !

But now I am confused. I thought the "CloseTradeifMACD" was a genuine trade exit and not a bug needing to be fixed. Could you confirm please ?

Btw: I am still testing the version with a part close on the next SR level. Don't know yet if it would be more profitable but the EA works like a charm and does everything it is supposed to do which is great. Thanks for your contribution once again.

Cheers,

Zyp

[nubika]

Tommaso,

Fantastic help. Is there a way to add a set TP module as well so we can manually set a TP target for each pair we load the EA on to?

Frank

sure I will add this too

ok here you go

TakeProfit set here your TP in pips OOTB it is 150
UseCloseOn3MACD set this to false (OOTB it is true!) and the CloseMACD Modul is off

Cheers

Tommaso

Tommaso,

You are a gem.
Thank you for all your help. I will set up 2 new accounts with these settings and see how will it go.

I find quite a bit of difference on identical setups on the two brokers. I always start all test accounts with the identical settings at the same time so they should have similar results. But it is far from it. For example the 40b version with the recommended settings and no set TP per trade(let it run mode) does not work at all on IC Markets. But identical settings do work on Global Prime. Strange.

Frank

[milanese]

Hi Tommaso,

That's what I found too !

But now I am confused. I thought the "CloseTradeifMACD" was a genuine trade exit and not a bug needing to be fixed. Could you confirm please ?

Btw: I am still testing the version with a part close on the next SR level. Don't know yet if it would be more profitable but the EA works like a charm and does everything it is supposed to do which is great. Thanks for your contribution once again.

Cheers,

Zyp

Hi Zyp,

it is genuine trade exit(3MACD are against us running), but in ranging markets it could cause too closures in "bad" moments, Marylin is a trend trading and loving EA so she has as all kind of this bots problems in ranging markets.. nobody is perfect

Cheers
Tommaso

[nubika]

Guys here are the links to my LIVE Demo accounts running on MyFxbook:

Frank

Morning Nubika,

What is a live demo account please ?

Zyp

may be a demo account not yet blow up :)

Morning Phil,

Do you confirm that the best option is to let the winners run without fixing TP targets ? I do recall you mentionning this a while ago based on your thourough backtesting.

Thx,

Zyp

Hi Zyp,

after many test with different kind of TP strategies and basket strategies in my opinion best is let Marylin run

Cheers

Tommaso

Hi Tommaso,

That's what I found too !

But now I am confused. I thought the "CloseTradeifMACD" was a genuine trade exit and not a bug needing to be fixed. Could you confirm please ?

Btw: I am still testing the version with a part close on the next SR level. Don't know yet if it would be more profitable but the EA works like a charm and does everything it is supposed to do which is great. Thanks for your contribution once again.

Cheers,

Zyp

Zyp,

Can you show me your results and or set file please. I am open to all options and would like to see what is best. What I showed you here today is only my way of making it to work, but there are many other options.

Frank

[phil_trade]

Hi Tommaso,

That's what I found too !

But now I am confused. I thought the "CloseTradeifMACD" was a genuine trade exit and not a bug needing to be fixed. Could you confirm please ?

Btw: I am still testing the version with a part close on the next SR level. Don't know yet if it would be more profitable but the EA works like a charm and does everything it is supposed to do which is great. Thanks for your contribution once again.

Cheers,

Zyp

Hi Zyp,

it is genuine trade exit(3MACD are against us running), but in ranging markets it could cause too closures in "bad" moments, Marylin is a trend trading and loving EA so she has as all kind of this bots problems in ranging markets.. nobody is perfect

Cheers
Tommaso

That's why you MUST let run long trend, to pay all these bad one !

[Zypip]

Tommaso,

Fantastic help. Is there a way to add a set TP module as well so we can manually set a TP target for each pair we load the EA on to?

Frank

sure I will add this too

Hi all

Attention not to deform too much Marilyn with all this plastic surgery !

Too many parameters... will killed an EA

Phil,

Those 2 extra addition will not kill the EA. As you see from my post above I already turned off all those settings and the EA still runs perfectly, just the annoying closure thing is what we need to look at. That is not necessary at all in my opinion.
Being able to set TP is just me asking for it, if not possible then I just set it manually, but that takes a lot of time.

Frank

Nubika,

you've been trading this EA for like one months. I would just trust a few years backtesting from Phil (who obviously knows what is doing) more than a few months of live/demo testing. Don't get me wrong I am not placing myself ahead of you, it is just that Phil knows MM for 3-4 years and we've only been introduced to her a few months back.

Again, I am happy that you are making pips for the time being. Just saying that in the long term you might be better off without departing too much from Phil's orginal idea.

Having said that, there is probaly room for some improvement (which was, I believe, the reason why Phil shared MM in the first place) then I guess keep the community posted

Pip safe.

Zyp

Zyp,

That is exactly my aim here too, to keep it developing as much as it is possible. As you see I found the original version the most profitable up to this point.
A few month of LIVE testing is good enough for me. Back test I do not trust at all. I burnt my finger too many times with relying on backtest reports and running the EA's on live.
I actually run about 10 different setups of this EA, but only those I posted are linked to MyFXbook and have promising results.

As I said this EA is far better than I have seen for a very loooong time.

Frank

Nubika,

I understand where you come from and I respect that. However, although I would not trust backtesting in general, I trust Phil's backtesting because of his experience and the tools he uses for his backtesting which are not based on Empty4.

Hope life's good in Sydney, I love this place !

Zyp

EDIT: @Nubika: I am using official version 40A with partcloseonSR addon from Milanese. The EA closes 50% of my trade when hitting a 20 pips buffer line from the nearest SR level. The rest is unified settings posted by TonkaStuff. btw: my demo = live funded with $500 (I only trade live)