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Balls to the Wall, a 1 minute 1 trade EA
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=792		 Page 18 of 36
Author:  winsteadglenn [ Fri Sep 14, 2012 5:05 pm ]
Post subject:  Re: Balls to the Wall, a 1 minute 1 trade EA
I am stunned by how well George is doing with OOTB. I, too, can see when it is time to quit beating a dead horse. I had the same question about doing another shift for the New York session. It seems that one could have another set file ready to rock about an hour before N.Y. begins.
Author:  cuzgeorge [ Fri Sep 14, 2012 5:21 pm ]
Post subject:  Re: Balls to the Wall, a 1 minute 1 trade EA
Hi all,
great to see the activity here;
here is a pm i just answered, check pics for settings.
Slope does work in the ea, but not for Paulus' system. I'm make this assumption by what i have read on the thread so far.
here are two pics of my settings, all are OOTB and ytou will see my slope is disabled. i'm trading Paulus' system as mentioned before. i'm not closing or opening any positions, purely the genius of Paulus and Steve.
Paulus applied the polish and Steve has waxed this one to the "T".

Hope this helps, i thought you noticed that i was not going to do Slope on this, someone asked this before and i answered on the thread.
my settings are OOTB , no slope, and my JS is at 30 for this one.

If you look at my fxbook thingy, the second demo for BAlls, has 3 pairs set up that Steve mentioned early in the thread. That one has a JS of 25 and same BE. also NO slope. but results are not the same.

the difference is the times i'm using. Steve practically thought out loud when trying different pairs and when their respective markets opened.

It seems Paulus did explain well to Steve, or Steves interpretation is better. Does'nt matter, both have shared valuable input that i for one could never think up, no crap guys, i'm no genius at this and wish i could hold an educated conversation with most of the guys here.
happy pipping guys.
i'm cleaning out some demos this week end of some failed EA's and looking for new work STeve, Hows that old trend EA coming.
i think everyone who initially started with Forex fell in love with SilverTRend as i did. Come-on Steve, lets get one of those working. hehe.
have a great week end guys and girls.
cuzgeorge



Image

Image

PS: the pics are from the winning ea who has his time set to 8.

The ea does not need you to draw any lines, unless you want to experiment, but Balls will tell your line to shod off when his time to trade arrives.

I really appreciate wolfeman's input and jth to mention a few, because this is the only way to come up with a winner, by not all testing the same settings.
Author:  Mike [ Fri Sep 14, 2012 5:38 pm ]
Post subject:  Re: Back to basics...
wolfeman wrote:... I do intend to continue to pester steve into writing a version that uses slope bias accurately with no line, as I still think that will be better.
I got nowhere with slope and the more I try, the more I wonder, if we could not use the difference of the slope value in line with the direction: delta slope may say more about a trend than an absolute slope value. Why not combine this with cmeade2 RSI-TMA cross which shows the trendturns beautifully?
Author:  godman [ Sun Sep 16, 2012 6:23 pm ]
Post subject:  Re: Balls to the Wall, a 1 minute 1 trade EA
cuzgeorge,

i saw from ur ava fx demo broker server time is gmt+0 and your balls ea marketopen=8, and that has been working well for you.

But my broker server time is gmt+3 and after testing the balls ea with marketopen=8 (default) and everything OOTB last week, I wasn't able to match ur results.

I'm now testing two sets with marketopen=5 and marketopen=11 (because of the gmt difference)

i have a feeling that in my case, marketopen=5 (instead 11) should be the right setting for london open since my broker server is gmt+3. If anyone knows more about this, please let me know.

I have also set risk to 2% and JS to 30.

Let's see how next week pan out.
Author:  cuzgeorge [ Sun Sep 16, 2012 10:20 pm ]
Post subject:  Re: Balls to the Wall, a 1 minute 1 trade EA
Hey gman,
yes,
i read through the posts and read somehwhere that PAulus was sometimes making his line 2 hours before the market and sometimes a lot closer. There did'nt seem to be an explanantion or at least i have'nt run into one yet.

My criminal is gmt as you say, and i am at gmt+2. That makes it 10am for me when i notice market movement, this is purely frolm experience and staring at charts.

I was happy to just leave the OOTB setting and see what happened. incidently london open is at 9am my local time, so 8 is right for me.

Then, with the other demo, where there are 3 different times (8,13, 20) , for 3 different pairs to trade, the line-time seems to make a big difference. Although that account seems to be catching up, it really took a beating in the beginning. I have not closed positions when they were in big profit, because anything near 30pips in Balls' language is big $$$. So there have been pullbacks and thats why i brought my JS to 30 from 50.

Thanks for the post and good luck this week.
cuzgeorge
Author:  Carioca [ Mon Sep 17, 2012 4:53 am ]
Post subject:  Re: Balls to the Wall, a 1 minute 1 trade EA
What do you think calculating BleakEven and Jumping Percent of account instead of pips makes much more sense.

my thoughts

Without using BleakEven and Jumping

Possibility 1 - lost 5%

Possibility 2 - won 15%

If we use BleakEvenTargetPips 10% and 5% BleakEvenTargetProfit

Possibility 1 - lost 5%

Possibility 2 - won 5%

Possibility 3 - won 15%

If we use 5% JumpingStopTargetPips

Possibility 1 - lost 5%

Possibility 2 - won 0%

Possibility 3 - won 5%

Possibility 4 - won 15%

UseCandlesTickTrailingStop and also a good option for this EA
Author:  Vokin [ Mon Sep 17, 2012 6:22 am ]
Post subject:  Re: Balls to the Wall, a 1 minute 1 trade EA
Hi. can please anybody help me? Today also this EA opened trade right after Europe open (same as last Friday). Where is err? My set is att.
Author:  Kimmy [ Mon Sep 17, 2012 9:17 am ]
Post subject:  start time
Guys

Steve was VERY clear in the PDF in post #1 that the start time must be whatever your local time is when London opens !!
This has nothing at all to do with your criminal time so there is no need for GMT offfsets !!!
London market opens at 8am UK time so all you need to do is see what time it is in the country that you are in and enter that number. Google " current local time in London"

see below what he wrote :

"London open time
You enter this using the MarketOpenHour input. It is expressed in your own local time.
Forget GMT, criminal offsets etc. When you know that London has just opened up, look at
the time on your clock and enter the hour you see on it."

Hope this helps ;)
Author:  Vokin [ Mon Sep 17, 2012 10:09 am ]
Post subject:  Re: Balls to the Wall, a 1 minute 1 trade EA
Hmmmmm, but when you see my pict. i have Market Open hour = 9 (its my LOCAL TIME for London open), maybe it colide with Start Trading Hours (in my loc. time its 8 for euro open - or must be Start Trad. houre same as Market open? try out tomorrow) Sorry for my question, but i trade only 8 years, but ain't good programmer in mql.
Ty.
Author:  cuzgeorge [ Mon Sep 17, 2012 3:32 pm ]
Post subject:  Re: Balls to the Wall, a 1 minute 1 trade EA
Vokin wrote:Hmmmmm, but when you see my pict. i have Market Open hour = 9 (its my LOCAL TIME for London open), maybe it colide with Start Trading Hours (in my loc. time its 8 for euro open - or must be Start Trad. houre same as Market open? try out tomorrow) Sorry for my question, but i trade only 8 years, but ain't good programmer in mql.
Ty.
Hi guys check this link out from TIG,

http://www.stevehopwoodforex.com/phpBB3 ... 462#p23462

and as requested via PM, here is my set file. Just change the time to suit your london open time, (1 hour before), and the magic, or comment. this one is for usdjpy i'm watching right now. im trading eurusd, usdchf, gbpusd, and usdjpy.

My set file is the same as the pics posted earlier. You'll see the rest is exactly OOTB.
regards and good luck.
cuzgeorge
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