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Three Single Pair EAs For Three WeekEnds: Columbus Travels
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Author:  jlcgarcia [ Sat Oct 24, 2015 7:41 am ]
Post subject:  Three Single Pair EAs For Three WeekEnds: Columbus Travels
SERIOUS WARNING

Most Forex traders lose all their money.
Using the robot posted here in trading Forex does not guarantee success.
Trading this robot could lead to serious financial loss.
Trading this robot without understanding its underlying trading strategies guarantees traders will lose their money.
This is not a set-and-forget ea; there is no such thing and anyone who tries to claim there is, is either stupid or lying. This ea requires frequent manual intervention.
At best, a trading robot is only 90% as good as the manual strategy it trades. At best. At worst, it can be much less effective. If the strategy is rubbish, so is the robot.
To trade this robot, you have to understand:
How to use EA's and the risk involved in Forex Trading
First, let me do some remarks about this new EA of a series of three.

When I programmed the Forex Duck I wanted an EA without indicators, only pure price action and market force measuring.

For the ForexAntiFragility EA I thought about a simple indicator that were a reflection of the mood of the market.

But for this first EA of this thread I want to apply some concepts from the decision theory, mainly from the decision trees. There have been some nobel sociologists that have wrote about this theory, and some applications in trading as you can see in the following document (see decision trees mainly).
machine_learning_for_algo_trading.pdf

Imagine an EA that conforms its decisions from several crossroads: one, decide if it will trade or not. Second, if yes, it will trade long or short.Third, If long or short, when to enter. Fourth, if the entry has been good (or bad) when to reentry or exit. Fifth, if the EA decides to reentry, at what distance of the first entry, etc.

As you can see things are going more and more complicated in a single pair EA. If you take a multipair EA this problem is still Harder due to the correlation, common profits and losses, etc.

Let's begin. For this first EA I have taken into consideration the works of Kahneman ("Thinking fast and slow"), Taleb ("On Forecasting", "Fat Tails, Asymetric Knowledge and Decision Making") and Gigerenzer ("Risk Savvy: How to make good decisions").

Here we go. This is the first of three EAs: Forex SantaMaria. The second will be LaNiña, and the third LaPinta. Why these names ? In honour of Christobal Columbus.

I have not tested this EA yet. Would you be the first? Try and let me know.

Regards

José Luis
Author:  jlcgarcia [ Sat Oct 24, 2015 7:42 am ]
Post subject:  Three Single Pair EAs For Three WeekEnds: Columbus Travels
Hi,

the EA I am posting here (LaNiña) is the only single pair EA that I am trading live at the moment.

Do not use more than five pairs for every 1.000 euros. Only 4 H charts.

Regards


José Luis
Author:  jlcgarcia [ Sat Oct 24, 2015 7:42 am ]
Post subject:  Three Single Pair EAs For Three WeekEnds: Columbus Travels
Reserved
Author:  frederic [ Mon Oct 26, 2015 9:28 am ]
Post subject:  Three Single Pair EAs For Three WeekEnds: Columbus Travels
Monday am
I have Pattern trading Mode ; STOP
is that ok
on cent account Eglobal
Author:  jlcgarcia [ Mon Oct 26, 2015 10:23 am ]
Post subject:  Three Single Pair EAs For Three WeekEnds: Columbus Travels
frederic » Mon Oct 26, 2015 11:28 am wrote:Monday am
I have Pattern trading Mode ; STOP
is that ok
on cent account Eglobal

Hi,

replaced with the v2 version in the first post.

Regards


José Luis
Author:  frederic [ Mon Oct 26, 2015 10:32 am ]
Post subject:  Three Single Pair EAs For Three WeekEnds: Columbus Travels
updated
thanks trading now
keep you posted
Author:  jlcgarcia [ Thu Oct 29, 2015 1:57 pm ]
Post subject:  Three Single Pair EAs For Three WeekEnds: Columbus Travels
frederic » Mon Oct 26, 2015 12:32 pm wrote:updated
thanks trading now
keep you posted

Hi,

please replace version V1 de LaNiña with the version V1a, otherwise it will not trade due to a bug in the max number of trades, while I was experimenting with this parameter. Now the max number of trades is 15.

Regards


José Luis
Author:  mackaozy [ Thu Oct 29, 2015 7:50 pm ]
Post subject:  Three Single Pair EAs For Three WeekEnds: Columbus Travels
I missed this thread. Looks very exciting!

I'll get some up and testing. I'm running out of space now though on my vps and my PC!! :hi:

What pairs are you running LaNina on?
Author:  mackaozy [ Thu Oct 29, 2015 8:38 pm ]
Post subject:  Three Single Pair EAs For Three WeekEnds: Columbus Travels
Hi JL

I have them both up an running. May I ask what is the strategy behind the EAs?

Thanks

Steve
Author:  mackaozy [ Fri Oct 30, 2015 10:39 am ]
Post subject:  Three Single Pair EAs For Three WeekEnds: Columbus Travels
https://www.myfxbook.com/members/mackao ... ia/1412802

https://www.myfxbook.com/members/mackao ... na/1412805
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