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  • #201
  • Dec 3, 2014 5:15pm Dec 3, 2014 5:15pm
Quoting dgodfrey
I hooked this up to my demo account, but it's old and pretty trashed up with lots of junk. Guess I'll have to start a new one to really get to see the effect, when I do I'll set up an explorer for it. One thing - I cranked it up last night on a $7.5 k balance and it's showing about a negative $2k equity on the open trades - would this be considered normal? The trades closed so far have amounted to about a net of $200 to the good. Also, if all 30 positions were taken just on one side it uses about all the available margin. Is this normal?
That does't sound right. I started with around 49K and have 37 trades running. My used margins is only 2861. Also each trade is 4.90Lot
  • #202
  • Dec 3, 2014 5:24pm Dec 3, 2014 5:24pm
Well, that may be true if both sides are involved. I just did a check on the margin to open one side, buy or sell. For my broker it's $600 a contract, and at that rate opening 30 buys at 0.4 lots each (which is the size it did for my $7.5 k equity) would use up $7.2k of it if there were no sells to offset the buys. I just wondered if this was the intention.

How are you doing in the open trade equity?
A good man knows his limitations ~ Clint Eastwood
  • #203
  • Dec 3, 2014 6:16pm Dec 3, 2014 6:16pm
Quoting dgodfrey
Well, that may be true if both sides are involved. I just did a check on the margin to open one side, buy or sell. For my broker it's $600 a contract, and at that rate opening 30 buys at 0.4 lots each (which is the size it did for my $7.5 k equity) would use up $7.2k of it if there were no sells to offset the buys. I just wondered if this was the intention. How are you doing in the open trade equity?

Doesn't seem like it should be possible to have that many only buys or sells. If that was the case you'd be way in profit and the EA would have closed the basket long ago.
  • #204
  • Dec 3, 2014 6:23pm Dec 3, 2014 6:23pm
That's true, I guess that's the best possible outcome. I don't really know how the program functions on an ongoing basis to close trades and open new ones.

BTW, what's the link that puts the trade explorer at the bottom of the post? Is it just a URL upload from my profile page?
A good man knows his limitations ~ Clint Eastwood
  • #205
  • Dec 3, 2014 10:03pm Dec 3, 2014 10:03pm
Quoting dgodfrey
That's true, I guess that's the best possible outcome. I don't really know how the program functions on an ongoing basis to close trades and open new ones. BTW, what's the link that puts the trade explorer at the bottom of the post? Is it just a URL upload from my profile page?
You can add an explorer to your "Signature" on your profile settings
  • #206
  • Dec 3, 2014 10:46pm Dec 3, 2014 10:46pm
In what cases this EA can lose the money? Only latency is the issue or range market also the problem?
My Pips Stolen By The Broker
  • #207
  • Dec 3, 2014 11:02pm Dec 3, 2014 11:02pm
Quoting kjaved
In what cases this EA can lose the money? Only latency is the issue or range market also the problem?
I think sideways just makes it rest with open trades. It should only start trading again if a trend develops if I'm reading it right.
A good man knows his limitations ~ Clint Eastwood
  • #208
  • Dec 3, 2014 11:18pm Dec 3, 2014 11:18pm
Quoting dgodfrey
{quote} I think sideways just makes it rest with open trades. It should only start trading again if a trend develops if I'm reading it right.
I think if, may be wrong, all the Sell & Buy orders has been opened and market comes out of the range, it will lose.
My Pips Stolen By The Broker
  • #209
  • Dec 3, 2014 11:36pm Dec 3, 2014 11:36pm
Quoting dgodfrey
{quote} I think sideways just makes it rest with open trades. It should only start trading again if a trend develops if I'm reading it right.
Why not make a new demo account? Takes 5 seconds and you can have as many as you want...
  • #210
  • Dec 3, 2014 11:53pm Dec 3, 2014 11:53pm
I think the concept is behind this EA is valid. I recently applied a similar concept on a basket of currencies in manual with good result (only few week) but I left because of the difficulty in handling pending orders. I think keeping the low risk (lot size) as many times as we close in profit will be greater than those that we will close at loss. The only problem I see is given from increasing the lot size with the balance could be a double edged sword. Anyway let this EA work for a few months ...

Vince
  • #211
  • Dec 3, 2014 11:56pm Dec 3, 2014 11:56pm
Quoting kjaved
{quote} I think if, may be wrong, all the Sell & Buy orders has been opened and market comes out of the range, it will lose.
He did say that the perfect loss situation would be a zigzag that engaged all the trades, which would lead to about a 30% drawdown. Unlikely, but possible
A good man knows his limitations ~ Clint Eastwood
  • #212
  • Dec 3, 2014 11:58pm Dec 3, 2014 11:58pm
I just checked the latency to my demo server, it's averaging around 70ms. Is this going to cause a problem with the EA? It seems like that would be fast enough, but I don't know what kinds of pings others are getting or what Pipster thinks is too slow.
A good man knows his limitations ~ Clint Eastwood
  • #213
  • Dec 4, 2014 12:22am Dec 4, 2014 12:22am
HI all gold traders, I did some backtest and think had a problem due to spread, cause an winner trade loss 17 $ instead of win 10 $.
Ant body have this problem ?
thanks
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  • #214
  • Dec 4, 2014 1:08am Dec 4, 2014 1:08am
Mine just keeps closing baskets for a loss, even during very low voaltility. All of a sudden, bam, and all trades get closed
  • #215
  • Edited 1:37am Dec 4, 2014 1:22am | Edited 1:37am
What's wrong with you? Can you read? The op has said about 1000000 times that you should NOT be backtesting this EA. Do you understand? I know there is a language barrier, but c'mon man! How many more times does it need to be said? Forward testing only

Quoting Xarius
HI all gold traders, I did some backtest and think had a problem due to spread, cause an winner trade loss 17 $ instead of win 10 $. Ant body have this problem ? thanks {image}
  • #216
  • Dec 4, 2014 1:59am Dec 4, 2014 1:59am
Yup, no backtest. Even if you achieve great result in backtest, it might be a totally different story if you run it live. Why? 'Cos of latency time. In backtest, there is no latency time consideration at all. Everything is perfect.

But in real live account, latency plays an important issue during trades closing time 'cos of the SMALL profit being targetted. According to the OP, time less than 50 ms is OK but anything greater than that, one might not see favorable result.

I see this as a very good EA But ALAS, as I am based in Asia, the latency time to my brokers are all very high (more than 100 ms). This problem might be settled if I am using an VPS which involves extra cost.
  • #217
  • Dec 4, 2014 2:13am Dec 4, 2014 2:13am
Quoting Shug
What's wrong with you? Can you read? The op has said about 1000000 times that you should NOT be backtesting this EA. Do you understand? I know there is a language barrier, but c'mon man! How many more times does it need to be said? Forward testing only {quote}
Kip quiet guy ! no offence for me, I did backtest cause I like to understand how an system work, if you like black box, it's your problem
Regards
  • #218
  • Dec 4, 2014 2:36am Dec 4, 2014 2:36am
I don't care if you or someone said no backtests bla bla. I agree, that we need to understand how it works. I also did backtests and couldn't finish a single one because my terminal stalls after some time. My guess is it is because of "millions" of deals that the EA opens. I once stopped it manually and the chart was down meaning that probably the DD was huge.
Even if you forward test it for a period of 1 year it will tell you nothing. I saw more dangerous EAs surviving this period and then boom.
So I don't see what's the problem with BT.
  • #219
  • Dec 4, 2014 3:08am Dec 4, 2014 3:08am
Quoting B-Naire2B
I don't care if you or someone said no backtests bla bla. I agree, that we need to understand how it works. I also did backtests and couldn't finish a single one because my terminal stalls after some time. My guess is it is because of "millions" of deals that the EA opens. I once stopped it manually and the chart was down meaning that probably the DD was huge. Even if you forward test it for a period of 1 year it will tell you nothing. I saw more dangerous EAs surviving this period and then boom. So I don't see what's the problem with BT.
I have had similar thinkings about back tests but for about some time I have change my mind. There is a big difference in BT and forward Test. BTs are only for if logic works or not.

And also I just did a small BT after reading your comments. I never saw millions of orders opened by the pipster EA. It worked normal. Man its time to grow up.
My Pips Stolen By The Broker
  • #220
  • Dec 4, 2014 3:22am Dec 4, 2014 3:22am
Quoting kjaved
{quote} I have had similar thinkings about back tests but for about some time I have change my mind. There is a big difference in BT and forward Test. BTs are only for if logic works or not. And also I just did a small BT after reading your comments. I never saw millions of orders opened by the pipster EA. It worked normal. Man its time to grow up.
I agree, looking for logic work or not, I made several start at different period, trades are differents, not linear way.
I agree too for say than an backtest can be good on 10 years an fail in live at first trade (I did the experience) but never see an EA work if couple of backtests failed

Regards
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