fxozgirl wrote:

Caillou wrote:Good morning,

Yesterday I finished all the thread reading and thanks to Steve, Shelley, Gary, Will and everyone for this beautifull system. I was not sure about testing this due to Gary´s backtests but since forward tests look so good and the EA´s logic seems a bit different in both cases, I have started a live test with MultiGday.
At the open of the new D1 Candle 5 trades were opened yesterday, without any error, all correct (Admiral Markets Standard Account).

Thanks again.

Cheers

I think it's best to disregard Gary's test (no disrespect Gary ) at this stage...I don't think he is using the correct entry criteria for the strategy. Hopefully with the discussion happening Gary will be able to set up his Tradestation to match the strategy and test again for us.

snowy wrote:@shelley: steve is already coding the new version right now? the reason why i suggested Will to publish his already coded EA here was, to save steve's time for making a complete re-code.

fxozgirl wrote:

So the questions to be asked are:

check on the first tick of the new candle (for a buy trade):
'Was the stoch line & signal line both under 20 level sometime between the 1st tick & the last tick of the old candle'

if yes,

'Is the stoch line & signal line both over 20 level on the first tick of the new candle'

if yes again, take the trade, if no - no trade

Now the difficult part is trying to code this, which Steve is still trying to get his head around...I really hope he can!

   
//in GetStoch() -- would also need to set HighStochMain/Signal to -1 and LowStochMain/Signal to 101 after using them for trade determination
HighStochMain = MathMax(HighStochMain,iStochastic(NULL, StochTimeFrame, K_Period, D_Period, Slowing, MODE_SMA, 0, MODE_MAIN,0));
   HighStochSignal = MathMax(HighStochSignal,iStochastic(NULL, StochTimeFrame, K_Period, D_Period, Slowing, MODE_SMA, 0, MODE_MAIN,0));
   LowStochMain = MathMin(MinStochMain,iStochastic(NULL, StochTimeFrame, K_Period, D_Period, Slowing, MODE_SMA, 0, MODE_MAIN,0));
   LowStochSignal = MathMin(MinStochSignal,iStochastic(NULL, StochTimeFrame, K_Period, D_Period, Slowing, MODE_SMA, 0, MODE_MAIN,0));

//in LFTO()
   //This code will trigger a trade only at the start of a new candle (since modified by ChillOutShelley)
   if (HighStochSignal >= OverBought && StochSignal < OverBought)
   {
      TradingStatus = selltriggered;//Will probably change this to a local bool, but leave for now
   }//if (HighStochSignal >= OverBought && StochSignal < OverBought)
   
   if (LowStochSignal <= OverSold && StochSignal > OverSold)
   {
      TradingStatus = buytriggered;//Will probably change this to a local bool, but leave for now
   }//if (LowStochSignal <= OverSold && StochSignal > OverSold)

gaheitman wrote: I may not see it, but Steve's current code only seems to be looking at the Signal line. He would need to update the code to examine both lines.

George

//Stoch signal line always lags the main line, so we only need to check the signal

gaheitman wrote:
Just to be clear, this means that you don't ever have to be OB or OS at the close of the candle, right?

As far as coding, Steve could probably just change the current code to check every minute (if it isn't already) and record the extreme values of the stoch as he goes. Something like:

Code: Select all

   
//in GetStoch() -- would also need to set HighStochMain/Signal to -1 and LowStochMain/Signal to 101 after using them for trade determination
HighStochMain = MathMax(HighStochMain,iStochastic(NULL, StochTimeFrame, K_Period, D_Period, Slowing, MODE_SMA, 0, MODE_MAIN,0));
   HighStochSignal = MathMax(HighStochSignal,iStochastic(NULL, StochTimeFrame, K_Period, D_Period, Slowing, MODE_SMA, 0, MODE_MAIN,0));
   LowStochMain = MathMin(MinStochMain,iStochastic(NULL, StochTimeFrame, K_Period, D_Period, Slowing, MODE_SMA, 0, MODE_MAIN,0));
   LowStochSignal = MathMin(MinStochSignal,iStochastic(NULL, StochTimeFrame, K_Period, D_Period, Slowing, MODE_SMA, 0, MODE_MAIN,0));

and the test would be

Code: Select all

//in LFTO()
   //This code will trigger a trade only at the start of a new candle (since modified by ChillOutShelley)
   if (HighStochSignal >= OverBought && StochSignal < OverBought)
   {
      TradingStatus = selltriggered;//Will probably change this to a local bool, but leave for now
   }//if (HighStochSignal >= OverBought && StochSignal < OverBought)
   
   if (LowStochSignal <= OverSold && StochSignal > OverSold)
   {
      TradingStatus = buytriggered;//Will probably change this to a local bool, but leave for now
   }//if (LowStochSignal <= OverSold && StochSignal > OverSold)

I may not see it, but Steve's current code only seems to be looking at the Signal line. He would need to update the code to examine both lines.

George

fxozgirl wrote:

gaheitman wrote:Just to be clear, this means that you don't ever have to be OB or OS at the close of the candle, right?
As far as coding, Steve could probably just change the current code to check every minute (if it isn't already) and record the extreme values of the stoch as he goes. Something like:
and the test would be

Code: Select all

//in LFTO()
   //This code will trigger a trade only at the start of a new candle (since modified by ChillOutShelley)
   if (HighStochSignal >= OverBought && StochSignal < OverBought)

That's right...on both counts.
I have also asked Steve to include both lines of the Stoch.

garyfritz wrote:

fxozgirl wrote:

gaheitman wrote:Just to be clear, this means that you don't ever have to be OB or OS at the close of the candle, right?
As far as coding, Steve could probably just change the current code to check every minute (if it isn't already) and record the extreme values of the stoch as he goes. Something like:
and the test would be

Code: Select all

//in LFTO()
   //This code will trigger a trade only at the start of a new candle (since modified by ChillOutShelley)
   if (HighStochSignal >= OverBought && StochSignal < OverBought)

That's right...on both counts.
I have also asked Steve to include both lines of the Stoch.

OK. So the test is not "stoch at CLOSE >= OB and stoch at OPEN < OB," but "HIGHEST stoch in the candle >= OB and stoch at open < OB" ?

If so, then you wouldn't need to check every minute to get the "highest stoch." Just use the daily High in the calculation.

garyfritz wrote:

fxozgirl wrote: That's right...on both counts.
I have also asked Steve to include both lines of the Stoch.

OK. So the test is not "stoch at CLOSE >= OB and stoch at OPEN < OB," but "HIGHEST stoch in the candle >= OB and stoch at open < OB" ?

If so, then you wouldn't need to check every minute to get the "highest stoch." Just use the daily High in the calculation.

Shelley, how are you including both lines of the stoch?

(And no worries about telling people to ignore my test! I had it wrong! )