Flex EA - TrendSurfer - REAL (bei flexea)
| Gewinn : | +125.27% |
| Drawdown | 74.48% |
| Pips: | 6336.3 |
| Trades | 434 |
| Gewonnen: |
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| Verloren: |
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| Typ: | Real |
| Hebel: | 1:500 |
| Trading: | Automatisiert |
Flex EA - TrendSurfer - REAL Diskussion
Apr 21, 2016 at 03:34
Hi Сергей, if you are referring to the .set file just released, it should be 5 trades deep for the USD/JPY as it hits each pip step of 21 pips in one direction. So
1st trade taken, then 2nd trade at 21 pips, 3rd at 42 pips from 1st, 4th at 63 pips from 1st, and last trade at 84 pips from the original trade. So it has to move pretty far to get to the 4th and 5th trades. Are you looking at pips vs points?
1st trade taken, then 2nd trade at 21 pips, 3rd at 42 pips from 1st, 4th at 63 pips from 1st, and last trade at 84 pips from the original trade. So it has to move pretty far to get to the 4th and 5th trades. Are you looking at pips vs points?
Sometimes you get the bear; sometimes the bear gets you.
Apr 21, 2016 at 04:00
Okay, I think I see what you mean. So here's what happened for the current open trades for this EA account. I'll try to break it down for you. Please let me know if you still have question on it.
First trade was short (sell) at 108.313 and his initial lot size was .13
Since priced continued to move in the direction of the short trade (profitable) by 20 pips from 108.313 to 108.103 (take the last digit off for pips vs points) it triggered a 2nd trade
Second trade was another short after the 20 pips movement from the last order (1.3 (original order) x 1.3 (lot multiplier) = 1.69 rounded to 1.7). So second order was at 108.103 for a lot size of 1.7.
The price continued to move in a profitable direction (and had still not hit the floating take profit so another trade triggered). After another 20 pips movement in the profitable direction, it took the 3rd short order at 107.901. Again, if you subtract 108.103 minus 107.901 you get 202 points, take off one digit and you get 20 pips rounded to the nearest pip. This trade was the 1.7 lot size x 1.3 (lot multiplier) = .22 for the 3rd short trade.
Now the tricky part. He still hadn't hit the floating take profit so the trade stayed open. However, instead of continuing in the profitable direction, the price movement went against him and is currently (as of this message) is at 109.825. Since the price went up instead of down (short), he's currently in the red on this trade. In order for the next trade to take place, price must again drop and reach about 107.701 to trigger then next trend trade in profit.
The reason the EA does this is because of the setting 'Reverse Mode' and 'Trend Mode' are active, it forces the EA in TrendSurfer strategy to only take trade in the profitable direction, each time it reaches the next pip step.
If you look at the Retrace strategies, they instead will take additional trades as the price moves against you, trying to catch price movement when it again moves in your favor.
Kind of a lengthy explanation, but hope this clears it up for everyone. 😁
First trade was short (sell) at 108.313 and his initial lot size was .13
Since priced continued to move in the direction of the short trade (profitable) by 20 pips from 108.313 to 108.103 (take the last digit off for pips vs points) it triggered a 2nd trade
Second trade was another short after the 20 pips movement from the last order (1.3 (original order) x 1.3 (lot multiplier) = 1.69 rounded to 1.7). So second order was at 108.103 for a lot size of 1.7.
The price continued to move in a profitable direction (and had still not hit the floating take profit so another trade triggered). After another 20 pips movement in the profitable direction, it took the 3rd short order at 107.901. Again, if you subtract 108.103 minus 107.901 you get 202 points, take off one digit and you get 20 pips rounded to the nearest pip. This trade was the 1.7 lot size x 1.3 (lot multiplier) = .22 for the 3rd short trade.
Now the tricky part. He still hadn't hit the floating take profit so the trade stayed open. However, instead of continuing in the profitable direction, the price movement went against him and is currently (as of this message) is at 109.825. Since the price went up instead of down (short), he's currently in the red on this trade. In order for the next trade to take place, price must again drop and reach about 107.701 to trigger then next trend trade in profit.
The reason the EA does this is because of the setting 'Reverse Mode' and 'Trend Mode' are active, it forces the EA in TrendSurfer strategy to only take trade in the profitable direction, each time it reaches the next pip step.
If you look at the Retrace strategies, they instead will take additional trades as the price moves against you, trying to catch price movement when it again moves in your favor.
Kind of a lengthy explanation, but hope this clears it up for everyone. 😁
Sometimes you get the bear; sometimes the bear gets you.
Apr 21, 2016 at 04:30
An additional note. With the equity trail, it should protect profit as the price moved along with the 2nd and 3rd trade instead of holding on as direction reversed to the point of going in the red. If he has spread plus commission he may have had enough negative value to his trades to not reach the equity trail trigger (it never reached the point of activation that would protect the profit).
This is something to consider for this option. Maybe trigger the trail earlier with a lower equity percent? This might also limit the earning potential too if price reverses and 'taps you out.'
I have a tighter trail trigger but it does limit the potential for additional profits should price move against me before going back and continuing on. I think there's a 'sweet spot' we'll all have to play with in this setting to get the best balance of profit protection vs avoiding getting tapped out too often.
This is something to consider for this option. Maybe trigger the trail earlier with a lower equity percent? This might also limit the earning potential too if price reverses and 'taps you out.'
I have a tighter trail trigger but it does limit the potential for additional profits should price move against me before going back and continuing on. I think there's a 'sweet spot' we'll all have to play with in this setting to get the best balance of profit protection vs avoiding getting tapped out too often.
Sometimes you get the bear; sometimes the bear gets you.
Apr 21, 2016 at 05:10
Hey guys,
Those of you trading with 3.3x, please upgrade to 3.33 which I just uploaded to the members area. It has the following 3 things:
1. Fixed an issue where re-initialization of the EA with any open trades from TrendSurfer could trigger an additional trade that would otherwise not be triggered.
2. Added a new feature called TrendHybrid which is a toggle on/off mode. When toggled on and used with TrendSurfer it will make Flex open its additional orders when the price moves both in favor of the previous trade by +21 pips, or against the previous trade by -21 pips. This can help get out of drawdowns quicker instead of leaving Flex to hang on to small trendsurfer baskets for ages. So basically if the price goes against TrendSurfers initial trade, it will use the Default strategy until the price reverses in it's favor, and then continue stacking trades going with the trend.
3. Added a DollarSL setting
Those of you trading with 3.3x, please upgrade to 3.33 which I just uploaded to the members area. It has the following 3 things:
1. Fixed an issue where re-initialization of the EA with any open trades from TrendSurfer could trigger an additional trade that would otherwise not be triggered.
2. Added a new feature called TrendHybrid which is a toggle on/off mode. When toggled on and used with TrendSurfer it will make Flex open its additional orders when the price moves both in favor of the previous trade by +21 pips, or against the previous trade by -21 pips. This can help get out of drawdowns quicker instead of leaving Flex to hang on to small trendsurfer baskets for ages. So basically if the price goes against TrendSurfers initial trade, it will use the Default strategy until the price reverses in it's favor, and then continue stacking trades going with the trend.
3. Added a DollarSL setting
Apr 21, 2016 at 13:35
(bearbeitet Apr 21, 2016 at 13:35)
Hi nakos! Steve posted the .set file for this strategy here in this forum. Here is the easiest way to get the .set file to your correct folder (rather than searching for the files on your computer).
To get it, scroll back a page or two from this forum entry to find the posting that Steve put the .set file in.
Right click and save it to your computer in a place that's easy to find (I put mine on my desktop). Once you have it on your computer, right click and copy (or cut) the file.
If you already have the EA attached to a chart:
- Right click on the chart and select 'Expert Advisors'
- Click on 'Properties'
- Click on 'Load'
- In the window where you see the other set files here, right click and select 'Paste'
This will put the .set file into the correct folder where your .set files are located.
Remember that the .set file settings are set up for Steve's account. You will need to adjust them somewhat for your account size and risk comfort level. There is no one magic one setting fits all that works without adjustment as your account grows (hopefully), or shrinks (hope not).
Hope this helps for anyone who is still getting familiar with the EA.
😁
To get it, scroll back a page or two from this forum entry to find the posting that Steve put the .set file in.
Right click and save it to your computer in a place that's easy to find (I put mine on my desktop). Once you have it on your computer, right click and copy (or cut) the file.
If you already have the EA attached to a chart:
- Right click on the chart and select 'Expert Advisors'
- Click on 'Properties'
- Click on 'Load'
- In the window where you see the other set files here, right click and select 'Paste'
This will put the .set file into the correct folder where your .set files are located.
Remember that the .set file settings are set up for Steve's account. You will need to adjust them somewhat for your account size and risk comfort level. There is no one magic one setting fits all that works without adjustment as your account grows (hopefully), or shrinks (hope not).
Hope this helps for anyone who is still getting familiar with the EA.
😁
Sometimes you get the bear; sometimes the bear gets you.
Apr 22, 2016 at 00:08
I don't know if the new one takes over the open trades or not. When you shift to the new version, you have to remove the existing EA from each chart and re-drag and drop the new version of the EA to the charts again. I don't think it will recognize the previous existing open trades.
If they are kept as a temp file that is shared between old and new file it should be good to go though. If you do the 'hot swap' and it works please let us know. It will be good information to know since updates come out every month as Steve improves the EA.
😁
If they are kept as a temp file that is shared between old and new file it should be good to go though. If you do the 'hot swap' and it works please let us know. It will be good information to know since updates come out every month as Steve improves the EA.
😁
Sometimes you get the bear; sometimes the bear gets you.
Apr 22, 2016 at 06:41
Bit concerned.
I am using trend surfer with the set file as published yesterday. However despite of the fact that the set file sets a max number of orders of 5 both buys and sells, so far I have 9 buy orders opened only in USDCAD. Also in the display shown on screen it say Max buys/sells 12/12, while it should be 5/5.
Any of you similar experience?.
Thanks and regards.
I am using trend surfer with the set file as published yesterday. However despite of the fact that the set file sets a max number of orders of 5 both buys and sells, so far I have 9 buy orders opened only in USDCAD. Also in the display shown on screen it say Max buys/sells 12/12, while it should be 5/5.
Any of you similar experience?.
Thanks and regards.
Apr 22, 2016 at 07:28
Good catch! I submitted a request to check the code for that. It might be a simple math error on the code line so I think it is an easy fix. I tried it out on 3, 4, 6 max buy/sell and got the same 12/12. I even tried changing max charts but didn't change the 12/12 display. Steve is pretty quick with this kind of fix. Will keep you posted.
Sometimes you get the bear; sometimes the bear gets you.
Apr 22, 2016 at 19:58
Well, I have started backtesting the trend surfer in order to understand what is going on.
I recommend everybody to do it as I am getting a very strange behaviour of the EA. It is duplicating orders when passing on the same level of price. Also, it is not only opening trades in favour of the trend but also when it is in losses. This might be a try to avoid leaving baskets in the limbus. The problem is that the strategy starts behaving like half grid but without adjusting TP.
I know this sounds confusing but if you make a visual backtest you will understand immediately what I am talking about.
Regards.
I recommend everybody to do it as I am getting a very strange behaviour of the EA. It is duplicating orders when passing on the same level of price. Also, it is not only opening trades in favour of the trend but also when it is in losses. This might be a try to avoid leaving baskets in the limbus. The problem is that the strategy starts behaving like half grid but without adjusting TP.
I know this sounds confusing but if you make a visual backtest you will understand immediately what I am talking about.
Regards.
Apr 23, 2016 at 13:55
Here is the reply from Steve on the issue of the 12/12 display extra orders when you choose 5/5 max charts. I turns out that this is an internal setting which sets default number of max buy/sells depending on the strategy you choose (in this case, TrendSurfer users max of 12/12 which it changes to when you set default of 5/5). Steve will be updating this function to make it more transparent to the user what is going on to eliminate confusion, so the user won't think this is a bug issue:
Flex EA Support <[email protected]>
Apr 22 at 11:02 AM
To
Glenn Shelton
Message body
---
Hi,
This is intended but I have plans to change the way it works. Right now to change the settings like max trades, take profit, virtual trades etc. for each strategy, and allow user modification I need some sort of check. The way it works now is I check if Max buy/sell = 5 (the default value) if it is and a different strategy is selected like trendsurfer, then it will use the internally set number of max buy/sells for that strategy which is 12. If you change the max buy/sell to anything other than 5, then that defined number of trades will be used instead. So in summary, you can't use 5 max buy/sells with trendsurfer, has to be 4 or 6.
I plan to possibly change this so all those settings display as '0' which will eliminate the problem above, and maybe make things simpler to understand for everyone.
Steve
Forex Flex EA Support
Flex EA Support <[email protected]>
Apr 22 at 11:02 AM
To
Glenn Shelton
Message body
---
Hi,
This is intended but I have plans to change the way it works. Right now to change the settings like max trades, take profit, virtual trades etc. for each strategy, and allow user modification I need some sort of check. The way it works now is I check if Max buy/sell = 5 (the default value) if it is and a different strategy is selected like trendsurfer, then it will use the internally set number of max buy/sells for that strategy which is 12. If you change the max buy/sell to anything other than 5, then that defined number of trades will be used instead. So in summary, you can't use 5 max buy/sells with trendsurfer, has to be 4 or 6.
I plan to possibly change this so all those settings display as '0' which will eliminate the problem above, and maybe make things simpler to understand for everyone.
Steve
Forex Flex EA Support
Sometimes you get the bear; sometimes the bear gets you.
Apr 23, 2016 at 14:00
Hi Pablo51, if this was recent behavior (new version 3.33) and you are using the TrendSurfer, it is because of a new feature Steve added to the EA:
'Added a new feature called TrendHybrid which is a toggle on/off mode. When toggled on and used with TrendSurfer it will make Flex open its additional orders when the price moves both in favor of the previous trade by +21 pips, or against the previous trade by -21 pips. This can help get out of drawdowns quicker instead of leaving Flex to hang on to small trendsurfer baskets for ages. So basically if the price goes against TrendSurfers initial trade, it will use the Default strategy until the price reverses in it's favor, and then continue stacking trades going with the trend.
Steve
Forex Flex EA Support'
Please check to see if you have this option turned on in your .set file. You can turn this off and on as desired.
'Added a new feature called TrendHybrid which is a toggle on/off mode. When toggled on and used with TrendSurfer it will make Flex open its additional orders when the price moves both in favor of the previous trade by +21 pips, or against the previous trade by -21 pips. This can help get out of drawdowns quicker instead of leaving Flex to hang on to small trendsurfer baskets for ages. So basically if the price goes against TrendSurfers initial trade, it will use the Default strategy until the price reverses in it's favor, and then continue stacking trades going with the trend.
Steve
Forex Flex EA Support'
Please check to see if you have this option turned on in your .set file. You can turn this off and on as desired.
Sometimes you get the bear; sometimes the bear gets you.
