Rating: Full Star Full Star Full Star Empty Star Empty Star
"Xenon" System, trading with 1min Chart.
Previous 1 .. 7 8 9 10 11 12 13 .. 15 Next
xenon

Member Since Mar 01, 2012  173 posts Steve Walker (xenon) Apr 30 2012 at 12:41
currently 1 hr

   Chikot posted:
   you know, I find 5 min charts atrocious now. currencies look like some kind of stocks with very high volume and low volatility. can watch price moving up down 1-3 pips for an hour before something happens. e/u is in very small range. i wonder when the break will come. so, you are on 5 min or higher?

Trade The Trend, Defend To Price.
xenon

Member Since Mar 01, 2012  173 posts Steve Walker (xenon) Apr 30 2012 at 12:44 (edited Apr 30 2012 at 12:45 )
guys

the EA %100 catching the big trends and keeping it self from loosing on the sideways.
but unfortunatelly it works on 1 hr.
and it cathes only the real big ones. ( grid killers )

I am currently woking on a scalper to combine it with the trend catcher. due I know where the big treads are!

PS:
I use 3rd derivative of fractal group which is combination of fractals.

think how much I did smoothed the signals!!!

Trade The Trend, Defend To Price.
xenon

Member Since Mar 01, 2012  173 posts Steve Walker (xenon) Apr 30 2012 at 12:51
I am about to code a GRID that will not blow accout with smart exit strategy. due it will stay away from the big trends( Grid Killers)

Trade The Trend, Defend To Price.
xenon

Member Since Mar 01, 2012  173 posts Steve Walker (xenon) May 03 2012 at 11:27
I had coded the grid with exit. it makes money but as not I expected. Had to think more on that.
the trend trader is good but works only with 1hr chart and and needs really big trends. like had in 2007-2008-2009-2010 and makes money once or twice a year
it is not for me

Trade The Trend, Defend To Price.
xenon

Member Since Mar 01, 2012  173 posts Steve Walker (xenon) May 03 2012 at 14:43
this post will be quite pasimistic;

with my 4 years coding experience and thosuands of different EA codes
I can say that

there can not be any EA that will run more then 6 moths depending on the coded period.
what is good for short is good for long after some bars/hours/days/weeks.
knowing that is also effected my manal tradings negative.
there can not be any grid or martingale code/algo/system/strategy that can make money without blowing account.

my conclusion is trading is depending on the waves. same as wave surfing. if you catch the correct wave you produce profit or totally loss.

I wish I could not code that much and would not know all those negative information about forex.

walker.

Trade The Trend, Defend To Price.
xenon

Member Since Mar 01, 2012  173 posts Steve Walker (xenon) May 03 2012 at 16:09
some information:

long grid fails more then short grid.
the reason is gravity effect ( water fall ). frox market mood is very similiar to stock market. when it is going long it makes more waves. and this give trader to exit on some point when grid trading. but when going short it is moving like a water fall without consolidation for a long time. and this kills grid accounts. and when it consolidates regrading to to long ones those are more acting like going long anf then starting a second water fall.

walker

Trade The Trend, Defend To Price.
Hitcola

Member Since Sep 09, 2011  9 posts Hitcola May 03 2012 at 16:10
hey ...
what is all these lines !!
would you please tell me if its available to attach the template ... indicators ... strategy ...

xenon

Member Since Mar 01, 2012  173 posts Steve Walker (xenon) May 03 2012 at 17:17 (edited May 03 2012 at 17:21 )
attached the report of the Trend EA
as you can see last 2 years profit is very low due to low big trends

EA has exit strategy SO there is no 'trade until dead'.

and it is decreasing lot size with an algo ( reverse of grid or martingale )







   xenon posted:
   greetings,

I keep trading manually.

but also working on coding the new consistant EA s.

at least I had able to code a 'Natural Winner' with EURUSD 1 HR chart.

here are some info.

No Optimization!!!!

max Stop loss is ~200 PIP
actually exit is done by the Logic. Stop loss is just in case.

min Take Profit is > 600 PIP
actually exit is done by the Logic. Take Profit is just in case.

2006-2008-2009-2010-2011-2012 results are good
2007 BE

Trend Trading.
No Grid!!
No Martingale!!

Pure trend traidng.

Best Profit at BT is ~ 500 PIP.

%DD is < 30
Yearly average return is > 25

code is 4000 lines
algo is only 2-3 lines.

No MA!!
NO indicators!!

I had coded my own factal algo and then coded fractal group and then created new trend lines.

actually system is predecting what will happen next.

no worries about
slippage
spread
comission


I will give more detailed informatin soon

walker.



Trade The Trend, Defend To Price.
xenon

Member Since Mar 01, 2012  173 posts Steve Walker (xenon) May 03 2012 at 17:18 (edited May 03 2012 at 17:21 )
report is attached but it is not appeared??

report is at my profile and public

Trade The Trend, Defend To Price.
xenon

Member Since Mar 01, 2012  173 posts Steve Walker (xenon) May 04 2012 at 07:39
from now I will focus to code the wave I had mentioned. it is not Elliot wave theory. Elliot wave can be good for stocks but not for Curr. I am telling something different. the real wave of the price. if I can code that the rest of the algo can be any thing.


Trade The Trend, Defend To Price.
Previous 1 .. 7 8 9 10 11 12 13 .. 15 Next
Rightmove House Price Index (YoY) (11h 25min)
Slide Show: 10 countries where people fear fo...(33 min ago)
EURUSD 1.28332 GBPUSD 1.5166
USDJPY 103.172 USDCAD 1.02742
Tools Community Reviews Platform Company Support
Economic Calendar Community Brokers Widgets About FAQ
Forex Market Systems Expert Advisors Features Blog Help
Forex Volatility Most Popular Systems Signal Providers API Twitter Contact Us
Forex Correlation Strategies VPS Services Mobile Facebook Report A Bug!
Forex Broker Spreads Contests EA Programming Translations    
Forex Broker Quotes Forex Charts PAMM Brokers RSS    
Forex Broker Swaps Community Outlook Rebate Programs      
Streaming Forex News   Trading Platforms      
Forex Broker Volume          
COT Data New          

Site Map  |   Terms & Conditions  |   Privacy Policy
©2012 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.