BobbyT » Fri Dec 19, 2014 2:46 am wrote:At the risk of getting flamed, I would like to add a couple of items to my Christmas list. Here goes:

Dear Santa (Steve),

Would it be at all possible to maybe get a Hurst filter added to HGB. A number of good little boys and girls have been playing with these recently (including myself) and found them to be particularly useful. These would be great for both auto-trading and even manual utilization of HGB (though in that case not really necessary).

Also Santa (Steve), could we have the wave trades modified to only enter on "trend" waves and not "range" waves. I'm certain one of the grownups said that HGB takes trades at any wave and I have noticed that sometimes we get "range" waves only to have the previous move continue.

I have been a very good boy this year Santa (Steve) as you would know. I hope you consider these presents but I know you are busy looking after all the other little boys and girls. And please, please don't leave me a lump of coal if this is too much to ask for.

Enjoy your down time, have a great Christams, and all the best to you and your wife for the new year.

BobbyT

PS Thanks to you and your amazing team (you all know who you are) for providing such an amazing place for novice and experienced traders alike to come together and share excellent ideas (and sometimes not so excellent ones ). Keep up the amazing work, all of you . I hope to contribute something next year with some experimental machine learning bots I have had in the pipes for the past year (possibly one of these not so great ideas )

SteveHopwood » Thu Dec 18, 2014 6:53 pm wrote:A quick copy of a post I just made in the dummies' thread.

Just a quick bit of generalised abuse here, aimed an nobody specifically.

Only a cretin with a financial death wish trades HGB OOTB. The OOTB settings tend to reflect the latest thingy I have coded and often bear no resemblance to any kind of realistic live trading whatsoever.

Something to bear in mind folks.

matrixebiz » Fri Dec 19, 2014 1:38 pm wrote: Oh, Ok, good to know.
I always thought the OOTB settings were set to trade the Original strategy and any additions are to be then turned on by the requester for them to test on their own so that users wanting to stick with the Original strategy can still test it as intended. Woops, no wonder why my demo testing was going well with v1c then went to crap when I switched to v2.

boldtrader » Fri Dec 19, 2014 10:48 pm wrote:

matrixebiz » Fri Dec 19, 2014 1:38 pm wrote: Oh, Ok, good to know.
I always thought the OOTB settings were set to trade the Original strategy and any additions are to be then turned on by the requester for them to test on their own so that users wanting to stick with the Original strategy can still test it as intended. Woops, no wonder why my demo testing was going well with v1c then went to crap when I switched to v2.

I never have understood why someone would want to do this. Never trade OOTB. Only an idiot does that. Always check settings as they may not meet your risk/reward profile (assuming you have one. I find that most traders do not have a clue how to create a risk/reward profile). The program may not meet your risk reward profile unless you check the settings. Your computer speed will be different. Your Internet speed will be different, Your broker data will be different, Spreads will be different; Slippage will be different, trading abilities and broker practices will be different (example my EU spread is .25 and I can trade between spreads if I desire. I can place stops next to bid/ask, 1 pip away or less. This will give different results than others). Never trade OOTB. Don't be so lazy as to load an EA without checking each and every setting. Not doing so is a great formula to lose all.One would think common sense would prevail and say..." hey.. check the settings... " ... but I guess not.

Amazing ...

droland » Sat Dec 20, 2014 10:39 am wrote:
There is no question that what is stated here is 100% correct. No question about it.

But lets be realistic. We have a whole range of people here. Newbies to Oldbies. Intelligent to not so intelligent to really really bright and sophisticated. That is the very nature of a public forum.

I am reasonably intelligent but I am very cognizant that I am smarter than some and far from intelligent compared to many others. For those who have the smarts, I really feel that they should endeavor to publish an EA that, at least, has an OOTB set file that is at least basically realistic. Not some left over settings of some failure beta test they were trying before they published.

Lets be reasonable here. Who should know their EA better than the developer. Produce the basic EA with, at least, the best fundamental code format true to the original concept and let the people expand from there.

This is no reflection on Steve or anyone else who publishes code here or anyone else. It is simply an observation that to expand on a good idea, publish the best OOTB settings that you have as a coder and let the masses move on from there.

Just my thoughts.

DR