PPoS Improvement Ideas - Brainstorming

Post your derivatives/discussion threads here.
Post Reply
Lifesys
Trader
Posts: 126
Joined: Wed Apr 25, 2012 2:05 am
Location: Echuca Victoria. Australia

PPoS Improvement Ideas - Brainstorming

Post by Lifesys »

re Response to comments on PPoS2
iasho - with LongerCount @ 20 Trading cycles & MediumCount @ 5 Trading cycles, may not need to stop at day 23 (I actually use day 25 but posted reset to Steve's 23). If I can get 10-15% in remaining 3 x 4 day weeks - am happy to stay out other times.

fiox - Yes I do use a custom management system similar to MPTM but MPTM will do the job. There are a few "Close on $$ or % levels" EAs around.

Mike - TradingDojiPercent = 3; Yes, body as < 3% of total candle. [ iasho » Tue Jun 30, 2015] is right, a Doji, Hangingman or Hammer are often legit. reversal indications at signif. levels, so catching a Trading candle where Close() just misses an Open() is fair game. ie MathAbs (Close() - Open()) / (High() - Low()) < 3/100; for Trading candle. It could mean going the other way so watch.
- "CloseAll+ve" simply means all trades in profit (+ve) are closed at set 4% Equity profit level. MPTM can do this in "Global order closure settings" and "Shirt-protection settings" prevents heavy loss, although now in $$ not percent. "Shirt Protection" level set at only one month loss, so unless hit >1 month in 3, is manageable. Not in sight so far!
- other settings re TP, SL & times are OOTB standard PPoS with tradingHours = "+0.10,-0.25";
except for Day1 of the month - yes I did hard code this out but can easily be made external. Day 1 of any month is often volatile & forgot had hard set that.
My short experience tells me that learning when to stay out is probably as important as when to get in.

PS. Interesting observation for PPoS last month - when %TradeRisk is set same for Main & Multi trades, Main made 60% of pips (@ 74% success) but Multi made 75% of profit (@ 86% success) and > double the actual trades - so the 'steroids' are working !!

regards
Paul (Lifesys)
pipcruiser
Trader
Posts: 134
Joined: Wed Nov 16, 2011 8:24 am

PPoS Improvement Ideas - Brainstorming

Post by pipcruiser »

Hi there,

Looking forward to dig into Lifesys great mods, I put the custom EA (PPos2) on my VPS per instructions, but it does not set any pendings, even if there seems to be 4-5 valid setups. (trading times etc are correct)

Did I miss something? Do any of you guys have any pendings this Tuesday morning with Lifesys modified EA? The dashpanel also seems to indicate potential trades...

I tried to attach original PPOS just to see if it was my broker (GP) but this one fires off pendings, but your custom EA did not....wonder why?

Anyone?

Thx for any help.

PC
Lifesys » Fri Jul 10, 2015 1:07 pm wrote:Attached PPoS2 and PPoSDashboard.
A. No change to basic trading strategy but a few mods implementing some suggestions on this thread & ideas gleaned from many SHFTF coders with thanks.
As a mathematician more than an experienced trader, included a few tweaks to Steve's brilliant EA for efficiency without changing process.
1. Added LongerCount = 20; // uses 20 Trading cycles instead of last Mn1[1].
2. Added MediumCount = 5; // uses 5 Trading cycles instead of last W1[1].
[This means trend directions are more current but as yet no proof of improvement - requires compare on 2 accounts.]
3. Added TradingDojiPercent = 3; // allows trade if a 3% body Doji "Trading" candle, instead of strict Close > or < Open. Doji may indicate reversal but not sure I would use this!
4. Added Trade lights on each PPoS2 chart (idea from Elixe's FX1DO Dashboard). NO guarantees on accuracy of Stoch or Trading - but gives quick visual guide.
Code tweaks
5. Replaced many &&'s with nested IF's. "&&"s require all terms to be evaluated. Nested IF's move on as soon as any 1 condition fails - far less CPU use.
6. Simplified priceFloor(..), priceCeiling(..) & CalculateLotSize(..) code with a single line equation using PipFactor & pipVal - apologies Elixe !
[When we know the value of a "pip" (pipVal) we can simply determine lot size for any Risk & Stop value. Original code left, but remarked away.]

I use 1% risk rather than fixed 0.01 etc. so theoretical 6% ea. risk if Main & 5 Multi trades started. Given 'Multi' pending orders overlap (& expire on Fri anyway), this is impossible as earlier trade TPs must be hit before later ones turn on.
Backed up with +4% CloseAll+ve & -20% 'CloseEverything' So far max drawdown from PPoS was ~7% but hits +3% in a day regularly.
Trading set for 1st 1/2 hour of weekdays 2-5, not 1st of month nor after 23rd & all pendings expire server 1600hrs day 5.
Note : as inputs changed, basic set file does not apply.

B. PPoSDashboard - idea/code from Elixe - shows directions, Stoch "overs" & if trades are deemed possible (no guarantees).
Run on plain black chart, click on pair button to open a "default" 240 chart.
Shows no. of current & pending trades for each commodity, current Prof/Loss (& Total) + Pips2Trade (no. Pips in either direction to the nearest Pending order price).
I use this with 27 PPoS charts open, don't pick & choose, let the EA do the job.
This image was taken today after drop & day reversal of AUD but with MainTrade MarketOrder = true; just to see what happens ;-). AUDUSD is expected to drop to 0.72 soon. [GU trade was a manual PriceAction]

Plan no further mods. re reducing losses, as this seems to work very well & losses are well covered with persistent small gains.
Thanks to Pipcruiser :hi: & Steve for great Trend=Friend turbo system.
"Perfection is Achieved Not When There Is Nothing More to Add, But When There Is Nothing Left to Take Away"...
qvintus
Trader
Posts: 220
Joined: Sat Nov 30, 2013 7:02 pm

PPoS Improvement Ideas - Brainstorming

Post by qvintus »

pipcruiser » 14 Jul 2015, 11:34 wrote:Hi there,

Looking forward to dig into Lifesys great mods, I put the custom EA (PPos2) on my VPS per instructions, but it does not set any pendings, even if there seems to be 4-5 valid setups. (trading times etc are correct)

Did I miss something? Do any of you guys have any pendings this Tuesday morning with Lifesys modified EA? The dashpanel also seems to indicate potential trades...

I tried to attach original PPOS just to see if it was my broker (GP) but this one fires off pendings, but your custom EA did not....wonder why?

Anyone?

Thx for any help.

PC
Hi PC. Same here. No pendings at all for me either with this new PPoS2.
I have 5 pendings on Steves PPoS.

I hope Paul can drop by and give us some support.
casapips
Trader
Posts: 29
Joined: Mon Dec 05, 2011 3:31 pm
Location: Paris

PPoS Improvement Ideas - Brainstorming

Post by casapips »

Bonjour

Same for me here. Actually I have never managed to get pendings on PPoS..now also on PPoS2.
I am still using the original PP EA
Many Thanks to you Pipcruiser master !
User avatar
Mike
Trader
Posts: 272
Joined: Sun Dec 11, 2011 12:30 pm
Location: Italy

PPoS Improvement Ideas - Brainstorming

Post by Mike »

Lifesys » Thu Jul 09, 2015 8:25 am wrote:.....
Am trialling Market Order instead of Pending as most trades that hit Pendings, keep going ... Paul (Lifesys)
Rereading this text Lifesys might say pendings are not implemented.
Mike
Image
Image
pipped
Posts: 8
Joined: Wed Apr 08, 2015 9:10 pm

PPoS Improvement Ideas - Brainstorming

Post by pipped »

I have pending orders on GBPJPY, EurCad, and AusCad. This is from Ppos2. I used OOTB settings
Thank you
pipsys
User avatar
Mike
Trader
Posts: 272
Joined: Sun Dec 11, 2011 12:30 pm
Location: Italy

PPoS Improvement Ideas - Brainstorming

Post by Mike »

pipcruiser » Tue Jul 14, 2015 10:34 am wrote:Hi there ... I put the custom EA (PPos2) on my VPS per instructions, but it does not set any pendings .... wonder why?
Anyone? Thx for any help. PC
Anyone found an answer? My GlobalPrime PPoS 2 accounts are asleep. No idea why pipped's accounts work.
Checks done with modified trading hours but without impact:
- smiley yes,
- Tools > Options > EA clicked
- StopTrading Day =23 or =0
- IsGlobalPrimeOrECNVriminal =true or =false
- MainTradeLot and MultiLot =0.0 or =0.01
- ootb
Mike
Last edited by Mike on Wed Jul 15, 2015 9:08 am, edited 2 times in total.
Image
Image
User avatar
woodlands
Trader
Posts: 226
Joined: Sun Mar 23, 2014 6:16 pm

PPoS Improvement Ideas - Brainstorming

Post by woodlands »

I have ACh, AJ, AU, EA, EC, EU, GJ, UC, UJ all set pendings Tues and Wed daily open, so far so good
User avatar
fiox
Trader
Posts: 144
Joined: Wed Feb 18, 2015 6:16 pm
Location: Italy

PPoS Improvement Ideas - Brainstorming

Post by fiox »

No order also here. PPoS-2 default set. Global Prime account
qvintus
Trader
Posts: 220
Joined: Sat Nov 30, 2013 7:02 pm

PPoS Improvement Ideas - Brainstorming

Post by qvintus »

woodlands » 15 Jul 2015, 09:49 wrote:I have ACh, AJ, AU, EA, EC, EU, GJ, UC, UJ all set pendings Tues and Wed daily open, so far so good
Do you have pendings on ppos or ppos2?
I have 7 on ppos but none on ppos2.
Post Reply

Return to “Pipcruiser's Pipmasher forum”