I'd like to point out a few things about my method. First, it does very well in trending markets, but does not get crushed during sideways markets. I have spent many hours looking at various money management strategies for when drawdowns inevitably ...

PipStalker EA

I signed up for Intellicharts with FXTrek and am porting my code into it.... Modeling quality should be about 99.... I will post my results later.

PipStalker EA

Somehow mine looks better at 90% MQ. You don't have time to test different settings, but you do have time to waste by posting garbage like that on my thread. People that choose to participate in this project will, and people who don't won't. While ...

PipStalker EA

I deleted the EA from 2 weeks ago and started over from scratch. Yeah I don't indent my EAs.... so what? I have a B.S. in Computer Science from The College of Charleston and am getting an M.S. in Computer Science from The Citadel. I was a computer ...

PipStalker EA

That was a letdown but curve fitting is the name of the game when you have enough back data. I'm just glad we got a 99% MQ test and think it maybe be possible to have a profitable backtest at 99%. I bet tic data for 99% MQ is expensive. Anyone got ...

PipStalker EA

Here is the EA that made the chart in post #59. Anyone that would like to forward test it is welcome to. In the chart, it made 7,200 pips in the last 3 years. Settings: TP 80, SL 20, trigger 25

PipStalker EA

My M1 EURUSD data came from this website: url I am suspicious because there is a 2 week gap from 12/01/04 - 12/14/04.... The division occurs between the two rectangles. The same algorithm is running on the data and look at the difference!

PipStalker EA

6,500 pips.... — Full backtest.... settings SL 26, TP 180, trigger 40

PipStalker EA

2001 - 2007 backtest is in! — Check it out at: url

Trigger Bar Method (EURUSD 4,000 pips since 1/20/04)

This EA is an accidental success. I found out that the Trigger Method I posted would have resulted as a loser. The EA does this algorithm: 1) identify the close of a trigger bar 2) check the high/low of the previous bar (trigger or otherwise) and ...

PipStalker EA

Looking into missed trades... will report back shortly. The EA is hardcoded with a spread of 2 for the EURUSD.... GBPUSD spread would be an extra 2 pips/trade..... do the math and it loses.

PipStalker EA

Tooth did you modify any of the settings? (trigger, TP, SL)

PipStalker EA

Challenge the backtest! — I challenge all of you to load the EA and backtest it. Learn the method, and check your charts to see if the entries appear where you'd expect them to. That's about all you can do with no forward tests. This EA would ...

PipStalker EA

ForexDude maybe you can backtests GBPJPY for us with some different settings. I'd think the TP would need to be between 250-300 and the trigger bar around 150 or so. I only have H1 backtest data for EURUSD at the moment so that's what I've focused ...

PipStalker EA

A backtest setup — Here is what my backtest shows. It's exactly what I'd hoped for... The first circle is a trigger candle. The second circle shows the price had moved 40 pips away from the close of the trigger candle close. A straddle is ...

PipStalker EA

It is trading a single lot for now. You can modify that by changing the "size" variable at the top of the code. We'll worry about money management after I see the backtests for 2001-2003. If the EA does well in those years, I will look into MM.

PipStalker EA

Latest EA — The EA only looks at trigger bars where ABS(OPEN-CLOSE) > 45 pips, not ABS(HIGH-LOW) > 45. Maybe this is why there are no trades? Hedge removed, straddle in place. 180 TP, 40 SL, 45 trigger bar. The previous EA was not taking ...

PipStalker EA

No forward tests yet — Entries look good on the backtest chart... Here is a setup that look like the backtesting is accurate. The first circle is the trigger bar. The second circle show the price travelled 40 pips away from the trigger bar ...

Trigger Bar Method (EURUSD 4,000 pips since 1/20/04)

Mikhail helped me fix the straddle. The backtest is showing 4000 pips now at 90% MQ.

Trigger Bar Method (EURUSD 4,000 pips since 1/20/04)