Monday Zone Break Out EA

Post by **milanese** » Thu Mar 13, 2014 3:00 am

mirador » Thu Mar 13, 2014 2:58 am wrote:
milanese » Tue Mar 11, 2014 9:44 pm wrote:New Toy, spinoff of this EA http://www.stevehopwoodforex.com/phpBB3 ... 675#p87675

Cheers

Tommaso
Hi Tommaso,

Are you going to keep on improving Monday Zone Breakout too ?

sure

, but too the spin off is worth a try..

Cheers

Tommaso

nonlinear · Post by **nonlinear** » Thu Mar 13, 2014 5:44 am

yep.gif

I am still looking at this, but after running some tests I am seeing many sets that test well around a decent range of similar parameters, which in my view, is a positive sign (meaning that the strategy is potentially more robust than most). But don't count this an meaning much with crapTtts.

Here is a five year test based on a one year parameter set (and, no, I did not pick the best set; I picked a set that was among a huge number of similarly performing sets with an acceptable DD, not the max profit if you get me, but that is another discussion). Please note, this is fixed lots, so good sign.... Next step is to narrow the set range (but not too narrow) and see if it walks forward, which I think it will based on the wide range of performing sets. I think this has live potential for those who can handle slow traders. Good trading to all.

PS, Tommaso, I have not been able to get the % feature to work without a critical error. Is it working for you?

SymbolEURJPY (Euro vs Japanese Yen)
Period1 Minute (M1) 2009.03.10 00:00 - 2014.03.09 23:59
ModelEvery tick (the most precise method based on all available least
timeframes)
ParametersMagicNumber=120; slippage=8; AdvertisedSpread=8;
UseFixedLot=true; FixedLot=0.3; DeltaPipsToTakeTrade=25;
DeltaPipsToAddSLOnMondayZone=0; SL_Multiplier=6; TP_Multiplier=2;
SetBEminPipTP3=50; FixedTPforTrade3=false; MA1TF=240; MA1TFMaPeriod=240;
MA1TFMaShift=0; MA1TFMaMethod=3; MA1TFMaAppliedPrice=1;
TailleZonePerCentToMoveSL=0.1; TailleZoneMini=80; TailleZoneMaxi=180;
Risk_percent=3; EndOfZoneDetermingHour=18; UseCloseFriday=false;
RequiredMarginPercentile=1000; CriminalIsECN=true;

Bars in test1858192Ticks modelled76695831Modelling quality99.90%
Mismatched charts errors0

Initial deposit10000.00SpreadCurrent (26)
Total net profit10727.54Gross profit14857.73Gross loss-4130.19
Profit factor3.60Expected payoff143.03
Absolute drawdown1347.30Maximal drawdown2758.05 (20.41%)Relative
drawdown20.41% (2758.05)

Total trades75Short positions (won %)45 (100.00%)Long positions (won %)30
(80.00%)
Profit trades (% of total)69 (92.00%)Loss trades (% of total)6 (8.00%)
Largestprofit trade495.22loss trade-698.36
Averageprofit trade215.33loss trade-688.37
Maximumconsecutive wins (profit in money)42 (8946.62)consecutive losses
(loss in money)3 (-2095.08)
Maximalconsecutive profit (count of wins)8946.62 (42)consecutive loss
(count of losses)-2095.08 (3)
Averageconsecutive wins35consecutive losses3

Post by **milanese** » Thu Mar 13, 2014 9:23 am

nonlinear » Thu Mar 13, 2014 5:44 am wrote:I am still looking at this, but after running some tests I am seeing many sets that test well around a decent range of similar parameters,............... I think this has live potential for those who can handle slow traders. Good trading to all.

PS, Tommaso, I have not been able to get the % feature to work without a critical error. Is it working for you?

..............................

no the % feature I forgot to deactivate in the code will not work with this EA, as it uses a special lot calculation.., this should work with the spin off, the asia breakout ea as this openes only one position..

Cheers

Tommaso

mirador · Post by **mirador** » Fri Mar 14, 2014 1:22 am

Hi NonLinear,

Please be carefull with your results. It's doubtfull to get a 100% win % on short and 80 % on long over a five year period. But you know what, my results are not that far: 95 % on Short and 74 % on long (see below) with 153 trades.

EJ on TP3X2 version is by far the best results I had over 12 pairs tested on most version. Last version SR_B_6xx is more stable but less profit.

Cheers

nonlinear · Post by **nonlinear** » Fri Mar 14, 2014 1:35 am

Understood. I've blow many an account, so I understand your concern. My only point is that there are many profitable settings for this bot, which is a good sign in my opinion.

mirador · Post by **mirador** » Fri Mar 14, 2014 2:52 am

Hi,

Trying to find ideas for better profit, I would like to discuss about the S/R indicator role.

But first, see below some results from backtesting showing that SR_B_6xx has good profit factor and great DD limitation but less win % then previous version. It is strange because the use of the S/R indicator should help win % too.

Tommaso, could you confirm:

1) The EA only take into consideration verified resistance (red box) and support (green box) ?

2) The EA don't open a trade if it is inside a verified resistance or support box ?

But what if the trade is outside the box but the TP is inside the box, or worst, TP is on the other side of the box. I think I have seen the EA open a trade anyway. I would open a trade only if the trade and its TP are on the same box side, so there will be no verified resistance or support between the trade and the TP.

Also, it would be great to trade only when the SL is on the opposite side of a box, but as I see, there will be very few trades.

Could it be usefull for testing if we could play with some S/R indicator settings?

Thanks again...

Post by **milanese** » Fri Mar 14, 2014 3:04 am

mirador » Fri Mar 14, 2014 2:52 am wrote:Hi,

Trying to find ideas for better profit, I would like to discuss about the S/R indicator role.

But first, see below some results from backtesting showing that SR_B_6xx has good profit factor and great DD limitation but less win % then previous version. It is strange because the use of the S/R indicator should help win % too.

Tommaso, could you confirm:

1) The EA only take into consideration verified resistance (red box) and support (green box) ?

2) The EA don't open a trade if it is inside a verified resistance or support box ?

But what if the trade is outside the box but the TP is inside the box, or worst, TP is on the other side of the box. I think I have seen the EA open a trade anyway. I would open a trade only if the trade and its TP are on the same box side, so there will be no verified resistance or support between the trade and the TP.

Also, it would be great to trade only when the SL is on the opposite side of a box, but as I see, there will be very few trades.

Could it be usefull for testing if we could play with some S/R indicator settings?

Thanks again...

The Ea will only open if the distance to a confirmed S/R is bigger than 150 pips.. I am experimenting with the SR indi in the AsiaPacificBreakout EA what is eaiser as this EA can open every day a trade..
In the latest MondayBreakout EA the EA sets the SL at the opposite of the zone.. all this versions are experimental to find better performing strategies inside of the breakout scheme strategy..
Too it could be interesting to play more with the managemnt of open trades in setting the distance openprice to SL as distance for setting the BE, doing a partclose with the BE and moving after this in the same distance again the SL and so on or 75% of the SL..

Cheers

Tommaso

mirador · Post by **mirador** » Fri Mar 14, 2014 4:06 am

The Ea will only open if the distance to a confirmed S/R is bigger than 150 pips.. I am experimenting with the SR indi in the AsiaPacificBreakout EA what is eaiser as this EA can open every day a trade..
In the latest MondayBreakout EA the EA sets the SL at the opposite of the zone.. all this versions are experimental to find better performing strategies inside of the breakout scheme strategy..
Too it could be interesting to play more with the managemnt of open trades in setting the distance openprice to SL as distance for setting the BE, doing a partclose with the BE and moving after this in the same distance again the SL and so on or 75% of the SL..

Cheers

Tommaso

Now I understand why the DD is low in last version. Your too fast for me...wish I could work more time on it.

Trying to understand your idea, how are you going to fix the first distance between openprice and SL: the opposite side of the box ? When price travel to profit direction and reaches same distance of the distance between openprice and SL, then you partclose a trade and you move the the SL at open price. The SL could be call BE (breakeven). Then a new target is put (or jump) the same distance. If price reaches new target then a new target is placed same distance.

A first tought, for me the price does not move regular steps with same distance. Price move according to S/R.

Cheers

Post by **milanese** » Fri Mar 14, 2014 8:15 am

mirador » Fri Mar 14, 2014 4:06 am wrote:
...

A first tought, for me the price does not move regular steps with same distance. Price move according to S/R.

Cheers

Naturally the price never moves regulary, the idea of moving according to the S/R could be interesting, would be very intersting with partclose concepts.. I will take a look for this at the weekend..

Cheers

Tommaso

Post by **tibochina** » Mon Mar 17, 2014 1:18 pm

EA worked beautifully this morning opening 12 trades. So far so good......