DSS3 :an scalping system - page 9
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This is DSS3_filtered its the same as the DSS3_Ma but now using XO clean. The Ma and XO clean, can both be used or not or guess easier way of saying it is they both have true or false settings, by default both are set to true. Added a Stoch close to the mix but it too can be turned off or on, by default it is off.Also by default money management is on have risk set at .01 with a 5.5 k account opened up a .28 lot size trade, if you don't want to use money management just set maximum risk to 0.
Thank you mrtools. I am testing DSS Ichi and will see how it perform this week. If this test account fail, i will test the DSS filtered.
I'll assume that XO clean just needs to be in the indicators folder and
not on the chart, correct?
Thanks MrTools,
I am forward testing/trading 2 versions so when one of the versions will start to lose a lot - I will chang old version to this one (i think - it will be on this week).
===============
- DSS3 EA is on this post. It is very original version of 3 Double smoothed stochastic 2 indicators working in overbought/oversolded way for buy or sell. Rules to trade is here.
- DSS3_MA EA is on this post. Settings for this EA is on this post.
- DSS3_filtered EA is on this post. This is DSS3_filtered its the same as the DSS3_Ma but now using XO clean. Do not forget to download Double smoothed stochastic 2 indicator from this post.
- Dss Ichi_Ea is on this post; first variation of the settings is here; the settings of Big Joe is here; new settings with sl 150 is on this post
This is forward testing results for
Dss Ichi_Ea
M1 timeframe.
EA with default settings is attached:
stoploss = 150
takeprofit = 12
lotsize = 0.01
This version is working with Ichimoku indicator on MTF way: 1 stoch indicator only for M1 timeframe and ichimoku indicator for market condition (using 1 of 6 market condition signals only sorry) for M5 and H4 timeframe.
Trading on M1 (EA should be attached to every M1 chart).
Improvement:
It is some next version to be improved, or ... we can use this version to improve it to create market condition tool for any EAs (as it was descrived on previous posts).
I used stop loss 70 and EA lost some ... after that I increased stop loss to 150 and deposit size was recovered:
so ... stop loss 70 - losing but stop ,oss 150 may be profitable but with some drawdown.
we can use this version to create our marketcondition tool (means: this tool will not trade, it will check market condition to make commends to the other EA for buy, sell or non-trade for example).
EA will default settings attached.
===============
- DSS3 EA is on this post. It is very original version of 3 Double smoothed stochastic 2 indicators working in overbought/oversolded way for buy or sell. Rules to trade is here.
- DSS3_MA EA is on this post. Settings for this EA is on this post.
- DSS3_filtered EA is on this post. This is DSS3_filtered its the same as the DSS3_Ma but now using XO clean. Do not forget to download Double smoothed stochastic 2 indicator from this post.
- Dss Ichi_Ea is on this post; first variation of the settings is here; the settings of Big Joe is here; new settings with sl 150 is on this post
This is forward testing results for
DSS3_MA EA
M1 timeframe.
EA with default settings is attached:
stoploss = 150
takeprofit = 70
trailingstop = 12
lotsize = 0.01
I did not check the market condition before switching EA on for the pair so it may eb some drawdown because of that (we can see drawdown in dollars as the distance between blue and yellow lines on visual statement chart).
I have some ideas so I will express about it during the weekend.
Metatrader statement:
Visual statement for EURUSD:
Visual statement for USDCAD:
I will continue forward testing/trading for all the apirs just to see - which pairs will be profitable for this system (and to check max floating drawdown for every pair - it may be related to lot size and to initial deposit size to be selected).
===============
Possible improvement:
It may be good to improve this attached DSS3_MA EA to include I-XO indicator for buy/sell confirmation (red color is for sell confirmation, bue - for buy).
===============
- DSS3 EA is on this post. It is very original version of 3 Double smoothed stochastic 2 indicators working in overbought/oversolded way for buy or sell. Rules to trade is here.
- DSS3_MA EA is on this post. Settings for this EA is on this post.
- DSS3_filtered EA is on this post. This is DSS3_filtered its the same as the DSS3_Ma but now using XO clean. Do not forget to download Double smoothed stochastic 2 indicator from this post.
- Dss Ichi_Ea is on this post; first variation of the settings is here; the settings of Big Joe is here; new settings with sl 150 is on this post
Hi ChicagoRob,
Yes, it should be in indicators' folder and do not need to attach it to the chart.
I am forward testing 2 version:
DSS3_MA EA
and
Dss Ichi_Ea
Dss Ichi_Ea is doing good for now:
As we see - the profit is 263 dollars since 15 of April, drawdown for now is 270, fixed lot size = 0.1 (drawdown will be 27 dollars for lot size 0.01). I am trading 10 pairs simultaniously. M1 timeframe.
This EA may be improved later for more Ichimoku indicator signals taken.
DSS3_MA EA:
As you see - I am trading 14 pairs simultaniously. Initial deposit was 300 but it was some loss for some pair so it is 298 for now (some pair lost few dollars). Drawdown is small as I am using lot size 0.01 (as I see 0 it is 20 dollars drawdown for now). M5 timeframe.
I just changed DSS3_MA EA to DSS3_filtered EA on Metatrader charts keeping same magic number and same settings:
Name_Expert = "DSS3_filtered";
EcnBroker = true;
UseAutoMagic = true;
ManualMagic = 82828282;
lStopLoss = 150;
sStopLoss = 150;
lTakeProfit = 70;
sTakeProfit = 70;
lTrailingStop = 12;
sTrailingStop = 12;
Slippage = 4;
Lots = 0.01;
MaximumRisk = 0;
For XO indicator:
UseXoForEntry = true;
BoxPeriod = 15;
Yes, I used BoxPeriod = 15 in manual trading so I changed 6.5 default to 15.
Do not forget to use (place to indicators' folder) Double smoothed stochastic 2 indicators too (this EA is using 2 indicators: Double smoothed stochastic 2 and XO clean).
===============
- DSS3 EA is on this post. It is very original version of 3 Double smoothed stochastic 2 indicators working in overbought/oversolded way for buy or sell. Rules to trade is here.
- DSS3_MA EA is on this post. Settings for this EA is on this post.
- DSS3_filtered EA is on this post. This is DSS3_filtered its the same as the DSS3_Ma but now using XO clean. Do not forget to download Double smoothed stochastic 2 indicator from this post.
- Dss Ichi_Ea is on this post; first variation of the settings is here; the settings of Big Joe is here; new settings with sl 150 is on this post
Good Start
Looking great, so far. My greatest fear, though, is that it'll take a SL hit
sometime soon, and all the profits will disappear. This reminds me of the
many bots out there, which have small TP and big SL. Even 98% winners
is not enough to guarantee consistent profitability.
Rob
Forward testing results for
Dss Ichi_Ea
M1 timeframe.
EA with default settings is attached:
stoploss = 150
takeprofit = 12
lotsize = 0.01
This version is working with Ichimoku indicator on MTF way: 1 stoch indicator only for M1 timeframe and ichimoku indicator for market condition (using 1 of 6 market condition signals only sorry) for M5 and H4 timeframe.
Trading on M1 (EA should be attached to every M1 chart).
I used stop loss 70 and EA lost some ... after that I increased stop loss to 150 and deposit size was recovered:
so ... stop loss 70 - losing but stop, 150 may be profitable but with some drawdown.
we can use this version to create our marketcondition tool (means: this tool will not trade, it will check market condition to make commends to the other EA for buy, sell or non-trade for example).
===============
- DSS3 EA is on this post. It is very original version of 3 Double smoothed stochastic 2 indicators working in overbought/oversolded way for buy or sell. Rules to trade is here.
- DSS3_MA EA is on this post. Settings for this EA is on this post.
- DSS3_filtered EA is on this post. This is DSS3_filtered its the same as the DSS3_Ma but now using XO clean. Do not forget to download Double smoothed stochastic 2 indicator from this post.
- Dss Ichi_Ea is on this post; first variation of the settings is here; the settings of Big Joe is here; new settings with sl 150 is on this post
Forward testing results for
DSS3_MA EA
DSS3_filtered EA
I started to trade by DSS3_MA EA but I changed it to DSS3_filtered EA somewhere on Monday 24th (of April).
M1 timeframe.
EA with default settings is attached:
stoploss = 150
takeprofit = 70
trailingstop = 12
lotsize = 0.01
I did not check the market condition before switching EA on for the pair so it may be some drawdown because of that (we can see drawdown in dollars as the distance between blue and yellow lines on visual statement chart).
This DSS3_filtered EA is more stable version compare with DSS3_MA EA for example (we can see it how EA recovered the loss).
Metatrader statement:
I will continue forward testing/trading for all the just to see - which pairs will be profitable for this system (and to check max floating drawdown for every pair - it may be related to lot size and to initial deposit size to be selected).
----------------
This version (DSS3_filtered EA) is good to use with market condition tool because we can use it with very small deposit size (i am using with 300 dollars), and 10 - 30 dollars in a week is not a bad anyway. But we need to create simple market condition tool based on dss ichi ... may be - in the beginning of may for example.
That's all news.
===============
Possible improvement:
It may be good to improve this attached DSS3_MA EA to include I-XO indicator for buy/sell confirmation (red color is for sell confirmation, bue - for buy).
===============
- DSS3 EA is on this post. It is very original version of 3 Double smoothed stochastic 2 indicators working in overbought/oversolded way for buy or sell. Rules to trade is here.
- DSS3_MA EA is on this post. Settings for this EA is on this post.
- DSS3_filtered EA is on this post. This is DSS3_filtered its the same as the DSS3_Ma but now using XO clean. Do not forget to download Double smoothed stochastic 2 indicator from this post.
- Dss Ichi_Ea is on this post; first variation of the settings is here; the settings of Big Joe is here; new settings with sl 150 is on this post