Cost Averaging System - page 35

[tomstaufer]

Cost Averaging RSI with Trend v3 TESTS 5-6 part3

TESTS 5-6 part3

[forex4syg]

Statement for Cost Avg - RSI w-Trend v4, on IBFX min account with nonalots, 15 min Charts, initial fund 5000 $, current equilty $6666, float -1.8 $. The worse positions were for EUR/USD with size grewing from 0.01 to 40.96, although finally it contributed most of gain for this week. I think we need to work out

1) Best pairs for the system

2) Good combination of profit level and pipsteps to control the risk

3) Best entry method giving acceptable risk (combining with 2)

4) Number of pairs vs. Account size.

5). ...

//----------------------- USER INPUT

extern int MagicNumber = 12413;

extern double LotExponent = 2;//1.666667;

extern double slip = 3;

extern double pLots = 0.01;

extern double TakeProfit = 15;

extern double Stoploss = 500;

extern double PipStep = 10;

extern int MaxTrades = 55;

extern bool UseStopLoss = false;

extern double TotalEquityRisk = 25; //loss as a percentage of equity

extern bool UseSafeMode = false;

extern bool UseRSIforAddTrade = false;

extern double BuyLevel = 30;

extern double SellLevel = 90;

extern double ShortLevel = 70;

extern double CoverLevel = 10;

extern int SlowPeriod = 8;

extern int FastPeriod = 5;

extern int PriceType = 5;

extern bool UseTrend = false;

extern int sMAPeriod = 40;

extern int MAPeriod = 10;

extern int MATimeFrame = 1440;

extern int MAMethod = 0;

extern int MAPrice = 0;

extern bool UseMASlope = false;

extern int MinPips = 10;

extern int MALookBack = 5;

extern bool UseTrailingStop = false;

extern double TrailStart = 30;

extern double TrailStop = 30;

extern bool MM = false; //Use Money Management or not

extern double RiskPercent = 0.1; //% of equity used as margin per trade

[tomstaufer]

Maji aggressive settings

Maji,

What Timeframe are you using for your test from post #341 ?

[[Deleted]]

tomstaufer:
Maji, What Timeframe are you using for your test from post #341 ?

5 minute charts.

[BluePearl]

here is common rsi v 1 on M15 with default settings.

[tomstaufer]

Common RSI v1 test

This is my Common RSI v1 test on M1 with default settings.

I think M1 i way too fast.

[[Deleted]]

Tom,

I think the common RSI should work in m15, m30 and m60 charts quite well.

Bluepearl,

thanks for your results.

[tomstaufer]

Maji:
Tom,

I think the common RSI should work in m15, m30 and m60 charts quite well.

Bluepearl,

thanks for your results.

Thanks,

I will try 3-4 different timeframes next week.

[crazy_forex]

Result for 1 month

Maji ,

I been gone for a while and there's a lot of development to this ea,

any way i attached CA version 2 (initial version) forward test result for 1 month.

Based on GU, EU, and UJ on timeframe M1 and default setting.

Most profitable is GU is about 3% monthly.

Few question to Maji,

1 . UJ still have one open position and it never open new position 3 day testing onward. ? something wrong with it ?

2. EU have a negative position and open a hedge position and havent close also.

is that normal for this version 2 , or else. as i see on gu there no problem.

i will test the latest version u send to my mail.

thank you

regard

CF

p/s :

[[Deleted]]

Crazy Forex,

I think there are some bugs in v2. Please use the latest versions I had emailed out last week.

Thanks.