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Slopey Slope
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Author:  cuzgeorge [ Wed Oct 03, 2012 2:22 pm ]
Post subject:  Re: Slopey Slope
SteveHopwood wrote:FWIW, I am finding that Slopey builds up some decent trades, then gives most of the profit back before the trades are closed. I have taken to using mptm to close the entire position at a global profit target of 1% of account balance.

:D
Hi Steve,
I'm really liking Slopey Slope and i find the EA can consistantly get into profit. Same thing as before with V1d, it gives it all back though.

I looked at my charts and in the pic below, you'll see a CHFJPY position for 0.1 lots and it is in profit. until a few minutes ago, there were no SL or TP's in place. I have set TO at 100 at SL at 200 though.

Then i noticed that the internal Slopey settings had not kicked in for BE and JS and the position is far passed BE. i tried changing TF's and restarting the platform, but no change.
I threw in good ol' MPTM and sure as a dog-likes-bones, the position was given it's BE position first, and then JS settings as Slopey should have.

Can i summize that there must be something wrong with SS's code pips/pippettes maybe?

While typing this, the markets moved well for SS's positions and i snapped a second shot of the new JS positions that all worked with MPTM, but not SS. -

I now am hoping for MPTM to close those positions and SS to open them again when/if the conditions are still good for the position.

Remember, these positions with MPTM or SLopey will ALWAYS close with a SL 'red' colour because i dont have a TP ever here. It can only close when a SL is hit, so those checking the stats and seeing red all over, please understand how it works first. The pic will show a setting for TP of 200 and emergenct SL of 100. This is not realistic and the market will never move in a straight direction to these levels. For this method we need the JS and BE settings working to let the position win for as far as the market takes it with-in my allowed breathing pip space.

I'm going to remove any trade-management form SS and let MPTM handle this.
I dont think a change in the code is necessary at this point, but i'll try and see what it can be for myself and let you know. It wont matter so long as MPTM is doing exactly the same.

How is your 1% basket working?

UPDATE - 3 positions just closed and SS did not open them again, therefore trend must have changed. CHFJPY is still open and in profit.

regards and stay well,
cuzgeorge
Author:  cuzgeorge [ Wed Oct 03, 2012 2:24 pm ]
Post subject:  Re: Slopey Slope
Here's a pic of the 3rd level getting smacked. Its so nice to see these positions stay winners. :D :mrgreen:
regards
cuz

EDIT; here;s the link to this SS test page;

Image
Author:  cuzgeorge [ Thu Oct 11, 2012 4:22 pm ]
Post subject:  Re: Slopey Slope
Hi all,
okay, Heres my SS pic with open positions, all in profit (except for one) and have passed my BE, so they will close in profit. They have'nt hit the JS yet, but hopefully will do so.
I'm including the set file that seems to be working for SS, but like some other ea's too, there's something cock-eyed about the trade management, so it's all off on the EA, and i've set MPTM to trade manage.

The results are from 28th sept and shows a profit of $408.47 so far. SS does NOT go into heavy DD and appears to be a candidate for a live account. We shall see.
Author:  cuzgeorge [ Fri Oct 12, 2012 6:25 am ]
Post subject:  Re: Slopey Slope
Hi all ,
Trader 689 sent me this PM,
thats v exciting...thanks for sharing the setfile with us...can you tell us your MPTM settings or share a setfile for it? thanks in advance
enjoy, :D
cuz
Author:  winsteadglenn [ Thu Oct 25, 2012 5:31 pm ]
Post subject:  Re: Slopey Slope
I have been reading your slopey slope comments over the past two days, Cuz.
I think I will try to create a hybrid between BallsToWall/Wolfie and SS, so to speak. SS will give me the angle and slope value that appear to be working fine, and should give me a strength of movement indicator, which the Balls to the wall bias line does not provide. MPTM can handle the details of managing the trades. I am thinking a 240/15 SS system will probably skin the cat, and give me what Wolfie has not, so far.
A 20/10 BE and 20 JS comes to mind. I could use the instant TS at say 20, to disconnect at BE. Wolfie and BallsToTheWall Fractals form after a delay, sometimes fooling the robot about S.L. SS does not use them, so entries should be quicker. SS would also meet the "threshold" criterion you mentioned in the BTW thread, rather than being specifically time-based, such as London open. The BTW trade bias line would not be necessary. If this is correct, then a mid-time SS system might fire off at optimal times and ride the waves until angle and/or slope say to bail. There would no longer be a need for a BTW Take Profit, since trades could SL out. The Wolfie stoch and MACD would not be needed, so it would be simpler, which is often a good thing. Just thinking out loud here, Cuz. :mrgreen:
Author:  cuzgeorge [ Thu Oct 25, 2012 10:40 pm ]
Post subject:  Re: Slopey Slope
Glenn,
great idea.
I have tried the settings from here with other EA's but none are as successfull as they are here with SS. I have'nt tried exactly what you're saying but all my EA"s dont have a TP. I only use the BE and the JS feature. Problem is with SL, i dont/havent found the right distance before we can say the trend is definately against the positions. I tried 100 pips and even 200 pips as per multi, but i still get burnt, and it takes weeks/months to get to a result, and by then, ive forgotten half the settings i've played with, thats whats so nice about the fxbook thingy, i keep my notes there so all can see what i did from the beginning and therefore take a calculated decision as to what to do with the next attempt.

SS has been great so far. since mid september, i'm only thinking at 0.9% is a little on the low side considering i'm using 0.1 lots, but MAN, look at that DD.!!!!!!

Image

The strike rate i think is probably the highest of all the EA's tested so far. There are losses and still figuring out what to do with SL.
Also, today i took a position on usdjpy that was going against SS. The original got SL'ed out at 100 pips and I eventually closed my manual position manually at about $100 profit, and i did'nt notice interference from SS. I'm hoping to get some more time to see what happens with SS and any manual trades i take with-in its charts.
Set file attached, let us know what you think and any suggestions always welcome.

cuz

PS: dont forget i'm also using MPTM for trade management. No hedging here, only JS and BE. Might bring in hedging at 200% to get the account balance moving faster, but it might go the other way.! :roll:
Author:  SteveHopwood [ Mon Oct 29, 2012 11:17 pm ]
Post subject:  Re: Slopey Slope
Ehup Guys

I have been meaning to stop by here for a while. No idea why the forum alert thingy has not been telling me that there are still replies here.

I am still testing this bot on demo. It comes a bit, then goes a bit. So far, since starting the account on 7th Sept, the start balance of $500 is now worth $536 and there are a few trades outstanding with a dd of $8 at the last look.

So, the bot has not blown any socks off, but neither has it blown any accounts - not mine, anyhow. I have not interfered either - just let it do its own thingy.

One question. My demo is trading V 1c but I see the download from post 1 is V 1d. What does 1d do that 1c didn't. Yes, I know I coded them, but I have coded about 50 bots since then and there is only so much that I can remember.

Any suggestions for further development here, guys?

:D
Author:  cuzgeorge [ Tue Oct 30, 2012 7:09 am ]
Post subject:  Re: Slopey Slope
Great stuff,
Steve, i'm with you here.
I need some time to go through the results and i've got a crazy day with appointments all day. I will revert as soon as i get this all sorted and will post here.
One thing i can tell you, there is a lot of interest in this EA on the fxpage book thingy and also my results are very promising too. There is some refinement needed on the Trade management though, this is true for most of the slope EA's im testing and i cant find the error/typo in them for months now.

I'm using MPTM for the Trade Management (TM) and i would consider this a live candidate even as it is now.
The other thingy i can mention safely, is that the slope option for me is 'false' as per the set file attached (the same one i attached in a previous post except slope settings different even though my setting is false for it) and it seems to be trading on its own intelligence. i only noticed this recently while trying to figure out the TM problem.

I will look back at the difference from V1c when i get the chance in the day and if theres anything more to post, i will do so. i think i'm covering it all though.

I nearly forgot, positions almost always go into DD and then come back to close as winners. Some close prematurely becuase of my BE and my JS, but they are all winners. My fxpagebliskesmthingy is all over the posts here, please check the notes and the results.
I like the fact that this EA is not blowing accounts and trades sparingly. My results are too good to ignore. The two last losses, (rather large for this ea) on the 25th both pairs turned and would have been winners if the SL had'nt hit them out. I left the SL at 100 at TP at 200 assuming they would never get hit, but they do sometimes, might be a pair selection issue form the user problem like usual. :lol:

heres the link for convenience.
Image
Author:  cuzgeorge [ Wed Oct 31, 2012 11:09 am ]
Post subject:  Re: Slopey Slope
Hi All,
still getting to check the results, no solutions or opinions yet,
i closed all my positions manually using the closall script and SS did not open any trades immediately. I thought this strange as the conditions were still valid for some of the posiitons. I restarted the platform only and SS took the 4 positions open right now. They all in negative at the moment because of the spread off-course and the usuall characteristic where the positions lose initially and then turn to winners.
All the closed positions Had passed BE except for one. All were winners though.

WIll update soon,
regards
cuz
Author:  winsteadglenn [ Wed Oct 31, 2012 5:56 pm ]
Post subject:  Re: Slopey Slope
The scalping thing is working, Cuz. I (really,Steve)doubled the account since the opening bell (95%profit).
One min. charts/ 240 ; 7% risk. Mostly two pairs of EU, but added some more this morning. Running London open through early N.Y. sessions.
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