Discussion - page 65
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Seriously, buy the book I mentioned. It's available from Welcome to Dymocks Online. More for Booklovers. to find out EXACTLY how they do the EA switching.
Can you post more details about that book? , I can't find anything related.
Programming Assistance Please
Hi, I am a newbie to the Elite Section...I am interested in becoming a programmer, primarily of EA's. So I can contribute to the forum. Can anyone recommend some good sources for learning other then enrolling in a 4 year college program as a computer science major
...I would like to learn from knowing absolutely nothing...to advanced material... Also which computer languages are recommended to focus on...but again specifically for EA's (if possible)...also I am not the best at reading a 400 page book...so audio or visual resources are preferred.
Thanks
Can you post more details about that book? , I can't find anything related.
I couldn't find anything on "Nick Rage" either but still interested in the book
Now this is why I come here. There's a wealth of forward test information in the elite section.
I've played around with a more or less random seletected (profitable) test, The StepMA1.42 on GBPUSD. I don't know what the EA is doing, for now I'm just focussing of the test data.
When applying the an equity filter based on the SMA of the equity after the last 20 closed orders, you can easily spot when to suspend the EA and when to restart. Taking out the trades when the equity crosses below the MA until it crosses back up improves the retruns from 1007 pips to 1739 pips and the dollar profit from $6893 to $18158.
Note to myself: look at SMA of equity at order close versus daily equity MA.
I'm not sure whether an equity based lotsizing algoritm was applied during the test period (often referred to as Money Management but I'd rather call it position sizing) but that could improve the performace even more.
Conclusion: The Step1.42 on GBPUSD is a good candidate for the experiment.
Ofcourse it would be nice to be able to do that for a much longer period (10-20 years) but this is the kind of performance I'm looking for. I'd be also interesed how this would look like for an EA that trades at an even higher frequency.Baas
Nice to see you learning how to code properly.
People who stop trading succesfull systems because they have had their run of successful hits or start trading strategies which have had a losing sequence should go to the Casino and wait for the next number to turn in their favour
Some iGoRant suggested that same method to traders who eventually blew their accounts
El CID
You should start with this thread https://www.mql5.com/en/forum
It is more than enough for the beginning.
Baas
Nice to see you learning how to code properly.
People who stop trading succesfull systems because they have had their run of successful hits or start trading strategies which have had a losing sequence should go to the Casino and wait for the next number to turn in their favour
Some iGoRant suggested that same method to traders who eventually blew their accounts
El CID???
And what is your contribution here?
I see you're still flooding numerous fora with your oilpro "flavour of the day" system! Although system is a big word for that.
But don't give up, one day you might pass over to the profitable side
???
And what is your contribution here?
I see you're still flooding numerous fora with your oilpro "flavour of the day" system! Although system is a big word for that.
But don't give up, one day you might pass over to the profitable sideBaas Haarm
My only contribution to the trading community is to teach them maringale strategy!
You know many traders look at consecutive wins and losses on back tests .If the previous highest numbers of consecutive losses or wins is achieved , then do back tests with a contrarian system and listen to everybody alse and go to martingales on backtests and you will see what I mean
Regards
El
Can you post more details about that book? , I can't find anything related.
Hi Project1972
I haven't read this for a while, but I believe one of the interviewed traders talked about using equity curves to indicate when to switch their systems on & off. If I find the book I will scan and post the pages. Nick Radge previously ran a tradestation forum simmilar to this, and has now gone back to funds management . His website is bellow:
https://www.thechartist.com.au/store/product_info.php?cPath=1&products_id=2
Welcome to Dymocks Online. More for Booklovers.
I have to say, his profit is pretty high for an EA portfolio, so his book makes a great read regardless:
The Chartist - Performance Summary
Adam
looking for a break out system
hey new digital and everyone in here.
i am currently looking for a breakout system which indicates when trend is about to come out. i think the concept of running a martingale based system like predator alongside a low frequency trading system which only trades when the trend is performing, should be a good idea. that way we can handle the sudden change in the market wich predator ocasionally fails to identify, and the rest of the time ballon our acounts with this excellent ea.
lately i've found project 1972's electra, and it seems i found a suitable answer. but i wanna keep on looking. so if anyone got an idea i'll be glad to hear it.
thanks
I replied to you by PM and i can repeat:
There are many breakout EA on this section. basicly the most best are SBS< TPE and Envelope EA.
Envelope EA is performing very good.
SBS 1.21 and TPE are good as well.
SBS 1.23 should be tested more as it uis more risky EA.
Look at this post to know about statements/results https://www.mql5.com/en/forum/174416
Besides on this discussion thread you will find some explanation about initial deposit size.
Please note also that i am forward tesing EAs for the years with the same settings. But to use some EA you do not need to use it with same setting. You can change the settings according to the current market situaton.