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  • #461
  • Dec 14, 2014 4:40pm Dec 14, 2014 4:40pm
Starting a new demo account on FXCM with this EA running on it. Wish I could use Armada but guess this will have to do.

I was wondering how this would work on a big news day on a currency pair, like the Eurodollar for instance. The levels/lot size and all that would have to change, but it seems with the prospect of a big shift like on NFP day it might be interesting.
A good man knows his limitations ~ Clint Eastwood
  • #462
  • Dec 15, 2014 7:42am Dec 15, 2014 7:42am
http://www.kitco.com/images/live/nyg...07787682455684

New week everybody!
Let's see what happens. FOMC on Wed.

To those who have been using Armada, you still can, I just recommend changing the gridlevel to 30, that way you have a "normal" grid size, you'll still have a spread advantage.
Too close for pips, switching to points.
  • #463
  • Dec 15, 2014 8:07am Dec 15, 2014 8:07am
I havent changed anything mine setting is grid: 1,0 is it correct ? and what does it mean ?
  • #464
  • Dec 15, 2014 9:10am Dec 15, 2014 9:10am
Quoting msdogan
I havent changed anything mine setting is grid: 1,0 is it correct ? and what does it mean ?
Yes, your setting is correct and fine for your broker. It is the distance between orders plus spread. Your orders have a good distance between them!
Too close for pips, switching to points.
  • #465
  • Dec 15, 2014 9:50am Dec 15, 2014 9:50am
Quoting Thepipster
{quote} Yes, your setting is correct and fine for your broker. It is the distance between orders plus spread. Your orders have a good distance between them!
ok thanks lets see what will happen on wednesday
  • #466
  • Dec 15, 2014 10:41am Dec 15, 2014 10:41am
Quoting kosmo
I'll start a new tester on Monday, with some more sensible settings this time. Will provide the link when ready.
Here's my new tester. The settings are rather conservative: $0.40 gaps/ 30 levels. I suspect it'll be a slow earner as the target has been set at 0.6%.

Pipster, I'd appreciate if you could update the link in the first post, as this one is nowhere near 'unbelievable' at the moment, lol.

Happy trading
mind over matter
  • #467
  • Dec 15, 2014 2:12pm Dec 15, 2014 2:12pm
Quoting dgodfrey
Starting a new demo account on FXCM with this EA running on it. Wish I could use Armada but guess this will have to do. I was wondering how this would work on a big news day on a currency pair, like the Eurodollar for instance. The levels/lot size and all that would have to change, but it seems with the prospect of a big shift like on NFP day it might be interesting.
you had a good start on the new demo, but you only have 15 positions per side. You need at least 30.

Quoting kosmo
{quote} Here's my new tester. The settings are rather conservative: $0.40 gaps/ 30 levels. I suspect it'll be a slow earner as the target has been set at 0.6%. Pipster, I'd appreciate if you could update the link in the first post, as this one is nowhere near 'unbelievable' at the moment, lol. Happy trading

Quote
slow earner


whatever....you're making more today than mine has the whole time here. Green with envy.

You can use more levels, if you want.

See, you still have a way lower spread. This means trades won't open until they are that much closer to the pending order, so less orders are opened that would end up against you. Also, the market doesn't have to move much to get you into positive territory, and when it does you're making more profit on a given trade set.
Too close for pips, switching to points.
  • #468
  • Dec 15, 2014 2:57pm Dec 15, 2014 2:57pm
Demo going pretty well at the moment
  • #469
  • Dec 15, 2014 3:21pm Dec 15, 2014 3:21pm
Quoting dambuster
Demo going pretty well at the moment
yahoo! I'll say...
Too close for pips, switching to points.
  • #470
  • Dec 15, 2014 3:30pm Dec 15, 2014 3:30pm
Hey Pipster.

Just so you know, this is my Steady Gold trade explorer now.

http://www.forexfactory.com/spyderman#47

The other is running something else.

Thanks
  • #471
  • Dec 15, 2014 3:47pm Dec 15, 2014 3:47pm
Quoting Thepipster
whatever....you're making more today than mine has the whole time here. Green with envy. You can use more levels, if you want. See, you still have a way lower spread. This means trades won't open until they are that much closer to the pending order, so less orders are opened that would end up against you. Also, the market doesn't have to move much to get you into positive territory, and when it does you're making more profit on a given trade set.
Well, you must admit that it's much 'slower' than the previous one, lol, and today's nice drop certainly helped.

Quote
...trades won't open until they are that much closer to the pending order, so less orders are opened that would end up against you.

Yep, that was my thinking behind the new settings.

The only thing I'm still not sure about is how exactly the buffer works? I have it set at 10.0, but the initial gap between the first sell and buy was only $0.30. And it then widened as subsequent cycles opened and closed... what's the trick here? Thanks.
mind over matter
  • #472
  • Dec 15, 2014 4:11pm Dec 15, 2014 4:11pm
Quoting Thepipster
Your Chance to help prove a system! Also, all the errors and problems in the first page of posts are resolved. This download is latest fix. {file}
Hi,

Quick suggestion: consider exiting trades when TDI Red green goes above/below 50 level. Please check if is reasonable.

Best regards,
Dragos
  • #473
  • Dec 15, 2014 4:25pm Dec 15, 2014 4:25pm
Quoting kosmo
The only thing I'm still not sure about is how exactly the buffer works? I have it set at 10.0, but the initial gap between the first sell and buy was only $0.30. And it then widened as subsequent cycles opened and closed... what's the trick here? Thanks.
Two things. The buffer would be 10 plus spread, so the spread would need to remain unchanged for the distance to stay the same. Your spread may have come down from $0.10 to $0.05-$0.06. But it probably is averaging a $0.40 distance.
The other thing is if your broker has a minimum pip distance rule, the EA may have skipped the first level of orders on some cycles, but been able to place them when the spread was higher.

Quoting dragos_
{quote} Hi, Quick suggestion: consider exiting trades when TDI Red green goes above/below 50 level. Please check if is reasonable. Best regards, Dragos
Not in my opinion. I like to have profit when exiting trades.
Too close for pips, switching to points.
  • #474
  • Dec 15, 2014 5:37pm Dec 15, 2014 5:37pm
Quoting Thepipster
{quote} you had a good start on the new demo, but you only have 15 positions per side. You need at least 30.
I didn't change the default settings, and there are 30 per side now. I'm not sure what it was doing when you looked at it, but it seems to be working now.
A good man knows his limitations ~ Clint Eastwood
  • #475
  • Dec 15, 2014 5:51pm Dec 15, 2014 5:51pm
Quoting dgodfrey
{quote} I didn't change the default settings, and there are 30 per side now. I'm not sure what it was doing when you looked at it, but it seems to be working now.
Too close for pips, switching to points.
  • #476
  • Dec 16, 2014 8:09am Dec 16, 2014 8:09am
~dgodfrey...I'm trying to decipher your trade explorer. It says 16 lot size right now, but it shows the profit and leverage of 0.16 lot size. It seems your equity target is 10%, though! This does give you great returns when the market moves so far without retrace, like it did this morning, but also leaves the door open for you to get trapped easier. It's up to you if you want to continue testing this way, it won't hurt in demo. It could be if FXCM displays the lot size differently, that the EA is interpreting the equity target differently.


The recent extended moves in gold shows the worth in waiting. I made 3X the profit in the last 8 hours than I have since starting the trade explorer.
Usually, the market is flat before FOMC, but we have a ruckus of news happening. Russia's gone mad off the deep end, RUB and oil is tanking. I think interest rate is the key words the market is waiting for on FOMC, but the market may appear to not react, immediately. If it does this, watch what happens the rest of the week, and beginning of next week. Usually FOMC is followed by a big market trend move that goes on for several days, just the thing we like for our EA!
Too close for pips, switching to points.
  • #477
  • Edited 9:53am Dec 16, 2014 9:04am | Edited 9:53am
You guys are clobbering me!

Scores:

Me 5%

Kosmo 25%

dambuster 20%

dgodfrey 55% 72% 92%!

msdogan 35% !
Too close for pips, switching to points.
  • #478
  • Dec 16, 2014 9:14am Dec 16, 2014 9:14am
Remember though that I am using a trade manager which I attach immediately after the EA has set its trades and which closes all at +1%
  • #479
  • Dec 16, 2014 9:28am Dec 16, 2014 9:28am
Quoting dambuster
Remember though that I am using a trade manager which I attach immediately after the EA has set its trades and which closes all at +1%
Right!...it seems all listed have a higher equity percentage target than me...I will continue testing at current settings for a couple of weeks, and request everyone else continue at their current settings, too. You guys just might prove having a little more equity target works better.
Too close for pips, switching to points.
  • #480
  • Dec 16, 2014 9:32am Dec 16, 2014 9:32am
I've started a new te today with armada only changed 30 gridstop. Done well £50 profit with £900 account. Hopefully won't get too big a draw down this time.
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