EURUSD did do much better than the average of the 28 pairs. It took 10 trades and made $97.30. $85 of that came from 2 trades in the big rundown from 06:00 - 16:00.
Unfortunately EU was the ONLY pair to show a significant profit:
swingONE
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garyfritz
Re: swingONE
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garyfritz
Re: swingONE
Looking at that P/L table, it seems clear that SwingONE does NOT like JPY. About 2/3 of the ~$950 losses yesterday came from 6 xxxJPY pairs! JPY pairs were the top 5 biggest losers.
Maybe yesterday's sample was too small to draw any conclusions, but xxxJPY sure did badly yesterday.
Maybe yesterday's sample was too small to draw any conclusions, but xxxJPY sure did badly yesterday.
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blahn
- Trader
- Posts: 53
- Joined: Wed Nov 30, 2011 2:39 am
Re: swingONE
I'm going to guess the ma cross of swingone just isn't suited for low timeframes. at least not without modifying the settings greatly. I have it running on H4 and it seems to be doing fine. one loss at $4.60 and 5 floating winners with a profit of $31.50 and rising. I'll take that ratio any time if it can hold on to the profits. will have to wait a while to see how the trades close. H4 is pretty slow and i've only had 6 trades the last day from about 15 pairs.
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AltosT
- Trader
- Posts: 85
- Joined: Mon Nov 21, 2011 8:44 am
- Location: Australia
Re: swingONE
It was originally proposed for 4 Hr charts. There is too much noise and too many fake outs in the lower time frames. Just put the MA's on a chart and have a look at 4 Hr vs others.blahn wrote:I'm going to guess the ma cross of swingone just isn't suited for low timeframes. at least not without modifying the settings greatly. I have it running on H4 and it seems to be doing fine. one loss at $4.60 and 5 floating winners with a profit of $31.50 and rising. I'll take that ratio any time if it can hold on to the profits. will have to wait a while to see how the trades close. H4 is pretty slow and i've only had 6 trades the last day from about 15 pairs.
Cheers,
AltosT
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markft
- Trader
- Posts: 82
- Joined: Thu Dec 08, 2011 12:06 pm
- Location: Sydney, Australia
Re: swingONE
My results are not too bad running on H1 as well. Initially lost quite a bit when I ran it on M1 to debug the EA. I moved it to 4 H1 charts once satisfied with its entries and exist and it almost clawed it to the original account balance.Khalaad wrote:Presently swingONE is far from tradeable on real money funded account.
But at least it cuts the losses quickly.
Some months ago I made a bad decision and put to test a go-for-recovery-when-in-loss system on an extended run. The result is nothing but dangles and ever-increasing drawdown.![]()
Khalid
You will also notice the EA will currently refuse to run on real-money accounts. Requires a code change to enable so this should at least prevent casual users from losing money until we find a consistently profitable method.
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blahn
- Trader
- Posts: 53
- Joined: Wed Nov 30, 2011 2:39 am
Re: swingONE
So far, after a day and a half on H4, i have one closed loss at $4.60, 2 closed wins at $5.63, and 9 floating trades at $49 profit and rising.
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garyfritz
Re: swingONE
M15 is working MUCH better with StrategyExit = False and StopLoss = 10.
It's only lost 1/4 as much as yesterday.
It's lost about -$400 in 186 closed trades, plus it has $130 in 6 open trades!
Khalid, unless you have other things you want to test on this M15 timeframe, I'm going to agree with blahn and say swingONE isn't ready for M15 yet. I'm thinking I'll move my test to H1 or H4.
It's only lost 1/4 as much as yesterday.
It's lost about -$400 in 186 closed trades, plus it has $130 in 6 open trades!
Khalid, unless you have other things you want to test on this M15 timeframe, I'm going to agree with blahn and say swingONE isn't ready for M15 yet. I'm thinking I'll move my test to H1 or H4.
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garyfritz
Re: swingONE
Will do, boss.
Switching to H1, reverting to StrategyExit = True and StopLoss = 38. Let me know if that should be different.
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garyfritz
Re: swingONE
D'oh!! I goofed on setting up the H1 test. Tossing all data before 07:00 GMT+2, starting over...
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fxshadow
- Trader
- Posts: 61
- Joined: Tue Nov 15, 2011 11:46 pm
Re: swingONE
How to make it work on live?