Inside Bar PLUS - Russian EA

[PyeR2]

This is a little purchase I made a few days ago. It's not a 'double your account every month' but I liked the relatively low draw-downs and thought that across two pairs and several time-frames it may be worth looking into. The website had lots of good reviews about the developer in general and also this specific EA.

Unfortunately I have been unable to even remotely replicate the results. It came with set files for the pair/time-frame so it's really frustrating. Developer says that Alpari NZ data was used. I just downloaded the Metaquotes data.

 

I did the English translation of both the instructions and the decompiled (also me) ex4. Due to the limitations of online translators I had to make an educated guess at some words / sentences so please bear this in mind. It shouldn't matter if you simply want to use the included set files, however if you wish to put some effort into understanding and optimization it may. For a coder I sure there would be no problem.

 

The graphs below are from back-tests commenced Jan09. Full reports are included in the download.

 

http://img6.imageshack.us/img6/662/insidebarplusgbrusdm30.gif

http://img100.imageshack.us/img100/3605/insidebarplusgbrusdh1.gif

http://img441.imageshack.us/img441/2092/insidebarpluseurusdm30.gif

http://img522.imageshack.us/img522/7606/insidebarpluseurusdh1.gif

 

http://www.4shared.com/file/cRqhbEkC/Inside_Bar_Plus.html (Now contains English Version Set Files)

http://www.4shared.com/file/ELs5ed2S/Presets_Eng.html (English Version Set Files Only)

 

 

I welcome your thoughts, comments & back-tests etc

 

Cheers, Pye

Edited May 20, 2010 by PyeR2
Update Download Links

[soundfx]

Hi PyeR2,

 

Thanks for the share.

 

As you say, this EA looks like a solid steady earner, i.e. one of the few EA's that is safe to run totally automatically in the background to slowly build your account.

 

I've messed around with inside bars before. It's no good trading them on their own, but I see that this EA uses MACD and EMA as extra confirmation which appears to work well from the test results.

[sirxl]

thank you for this. going to try it now

[sirxl]

this EA works on which pair?

[clovelly]

The included .set files are only applicable for the Russian version of the EA, as some 'extern' names have been changed in the English version and hence no longer pick up the values defined in these set files.

 

I found that these set files have been too optimised. As an example, in the settings for M30 EURUSD, the Buy/Sell stop price is 50 pips beyond the IB high/low, hence producing only 90 trades for nearly 1.5 years of trading on M30 ! That may be acceptable if it is consistent. However, using these set files, testing outside the test period in the reports (1/1/2009 - 1/5/2010) produces much worse results.

[collinsmith]

Set files parameters

 

Hi PyeR2,

 

Thanks for kindness in sharing this EA.

 

I was going through the set files and apparantly there are more parameters in the set files that those required in the EA. Any idea what should be done about it? Somehow I am unable to republicate the results shown in the backtest using the set files provided.

 

One more question: is grbusd the same as gbpusd?

 

Thanks.

 

Regards,

Collin

[PyeR2]

The included .set files are only applicable for the Russian version of the EA, as some 'extern' names have been changed in the English version and hence no longer pick up the values defined in these set files.

 

I found that these set files have been too optimised. As an example, in the settings for M30 EURUSD, the Buy/Sell stop price is 50 pips beyond the IB high/low, hence producing only 90 trades for nearly 1.5 years of trading on M30 ! That may be acceptable if it is consistent. However, using these set files, testing outside the test period in the reports (1/1/2009 - 1/5/2010) produces much worse results.

 

Clovelly makes an excellent point regarding the included .set files. It explains why my back-tests weren't even remotely similar to the ones included with the EA. If I get a chance I may make some 'English Version' set files.

[gangsta1]

Thanks for this. I will run some backtests.

[PyeR2]

English version .set files have now been created. I updated in the first post as well.

 

http://www.4shared.com/file/ELs5ed2S/Presets_Eng.html

[PyeR2]

Hi PyeR2,

 

Thanks for kindness in sharing this EA.

 

I was going through the set files and apparantly there are more parameters in the set files that those required in the EA. Any idea what should be done about it? Somehow I am unable to republicate the results shown in the backtest using the set files provided.

 

One more question: is grbusd the same as gbpusd?

 

Thanks.

 

Regards,

Collin

 

Colin, not sure where you found grbusd but yes I am certain it would be meant to be gbpusd.

Clovelly pointed out that because I changed the names of some of the variables when converting the Russian Mq4 to the English Mq4, the Russian .set files no longer worked properly. I have just made some English .set files which are equivalent to the Russian ones. You can find the English .set files in the post immediately above or in the 1st post of the thread.

Edited May 20, 2010 by PyeR2
add info

[stock]

I use PyeR2 set file to fxopen 4 digits and follow manual

 

For 4 digit brokers, it is necessary to reduce following parameters by 10 times (i.e. delete one zero from the value - if the value=0 it is not necessary to change it):

 

- FilterBar

- HighLow

- Shift

- TakeProfit

- TakeProfit2

- Breakeven

- Breakeven_Shift (Not found this parametert)

- Breakeven2

- Filter

 

My Backtest no trade

[dinj]

I use PyeR2 set file to fxopen 4 digits and follow manual

 

For 4 digit brokers, it is necessary to reduce following parameters by 10 times (i.e. delete one zero from the value - if the value=0 it is not necessary to change it):

 

- FilterBar

- HighLow

- Shift

- TakeProfit

- TakeProfit2

- Breakeven

- Breakeven_Shift (Not found this parametert)

- Breakeven2

- Filter

 

My Backtest no trade

 

I don\'t know why but I can\'t backtest it, I\'ve been backtesting other stuff but this just doesn\'t.

Using FXOPEN with those setting (minus one zero on those parameters)

Can everyone backtest it?

[PyeR2]

I don\'t know why but I can\'t backtest it, I\'ve been backtesting other stuff but this just doesn\'t.

Using FXOPEN with those setting (minus one zero on those parameters)

Can everyone backtest it?

 

I have no idea, it back-tested for me. Have you checked the journal to see if you have any error messages?

[deadsoul]

dosn't backtest on 4 digits brokers...coders kindly help please....

[dinj]

That's why then. It was a 4digit broker, I'll see if I can fix it later. Probably can't though.

[Stormin_Norman]

the tests i have made have not matched the backtests given.

 

would it be possible to get the original russian version + set files to test them and see if they match the backtests?

[PyeR2]

the tests i have made have not matched the backtests given.

 

would it be possible to get the original russian version + set files to test them and see if they match the backtests?

 

They are included in the original download. Within the archive are two archives. The one that doesn't include Eng in the file name is the Russian version.

[dinj]

That's why then. It was a 4digit broker, I'll see if I can fix it later. Probably can't though.

 

I may have fixed the 4-5 digits brokers problem. It's automatic now.

------------------------------------------------

http://www.multiupload.com/0LQET7NJ1Q

------------------------------------------------

I tried it on FXOPEN 4 digits, I can backtest it, but only on EURUSD 1H, not 30M, I don't know if you could do it on 5 digits anyway.

I'm also sending a backtest from 2007.1.1 till today, I don't know if it's the same as yours Stormin_Norman, but it's not that impressive and you guys can compare it with a 5 digits broker to see if it matches.

 

http://img541.imageshack.us/img541/2779/strategytester.gif

[stock]

I may have fixed the 4-5 digits brokers problem. It's automatic now.

------------------------------------------------

http://www.multiupload.com/0LQET7NJ1Q

------------------------------------------------

I tried it on FXOPEN 4 digits, I can backtest it, but only on EURUSD 1H, not 30M, I don't know if you could do it on 5 digits anyway.

I'm also sending a backtest from 2007.1.1 till today, I don't know if it's the same as yours Stormin_Norman, but it's not that impressive and you guys can compare it with a 5 digits broker to see if it matches.

 

http://img541.imageshack.us/img541/2779/strategytester.gif

 

Could you upload set file?

[dinj]

Could you upload set file?

 

Ooh!

Now that you talk about it, I didn't use a set file, I tested it straight. But the setfiles are for the russian version anyway, so:

 

Today I spent the WHOLE day checking about the setfiles.

Regardless of them being made for the russian version, I found a bug in the code when you use decimal values on some of the changeable variables. I corrected it, but that's not what took the whole day.

 

I converted the set files to the english version, so now they work just like they work on the russian version. I tested it, same period (2007.1.1 till today) on the EURUSD 1H chart and you can see that it is different than before:

 

http://img210.imageshack.us/img210/2839/testergraph.gif

 

It's a bit curve fit for after 2008, but the M30 settings are quite better though:

 

http://img204.imageshack.us/img204/112/testergrapht.gif

 

Please check with your results to see if they match, but still, converting the sets was easy and it didn't take the whole day.

 

What took me most of the day was introducing Money Management settings, which got me stuck sometimes.

 

It should be able to autodetect minlotsize, maxlotsize and lotstep (I stole parts of code from other EAs of course)

 

------------------------------------------------

http://www.multiupload.com/EBMJLHYE9F

------------------------------------------------

 

The new settings are Money_Management and Risk_Percentage.

obviously you activate it by setting it to TRUE and the Risk Percentage works in such a way that you set it to 10, and the second strategy opens a trade with an opened trade from the first strategy, there is only 10% at risk in total.

 

I used historical stoplosses as the stoploss on the ea depend on many stuff.

 

Please test it and hope you enjoy it, hoppefully the day wasn't for nothing.

[Stormin_Norman]

Thank you greadly for your work dinj. works as in the original backtests now.

 

This is a .set file (http://sharebee.com/4e368282 )

 

which can be used for optimisation on other pairs 30m/1h. Hopefully we can find other pairs it will work well on.

 

Test from start 09 till now. It will take about 24 hours to complete a test.

 

I am running usdjpy.

Edited May 24, 2010 by Stormin_Norman

[didier]

I have good results until now with this ea (thanks for sharing)

4 trades, all winners

 

 

PyeR2 , can you tell us what is the url of this ea?

Stormin_Norman, any news from your test?

 

Thanks!

[dinj]

Test from start 09 till now. It will take about 24 hours to complete a test.

 

I am running usdjpy.

 

Hi Stormin_Norman

 

Are you backtesting at 99% modeling quality?

I tried backtesting from 1999 with good old fxopen at 90% mq and it took just a couple minutes.

It's usually good only from 2008, i don't know if it's curve fitting. Another thing is that I got about 120 trades from 2008 on usdjpy. It seems very picky about opening a trade and as it can do quite some trades in a month, sometimes it can be a couple months without doing one.

 

I think the paramter filter has something to do with that.

 

Anyone has had good test results with low drawdown?

[PyeR2]

 

PyeR2 , can you tell us what is the url of this ea?

 

Thanks!

 

There is no official website for the EA that I am aware of. I found it on like a tender site where where everytime someone buys it the price goes up 50 cents. The vendor has it available in a few locations that I found.

 

http://strategy4you.ru/tag/sovetnik-inside-bar-plus

http://ruinfosell.ru/pay.php?agent=53090&id_d=958173

http://strategy4you.ru/torgovlya-po-patternam/strategiya-foreks-vnutrennij-bar.html

http://www.plati.ru/asp/pay.asp?idd=958173

[fx4a]

Thank you greadly for your work dinj. works as in the original backtests now.

 

This is a .set file (http://sharebee.com/4e368282 )

 

which can be used for optimisation on other pairs 30m/1h. Hopefully we can find other pairs it will work well on.

 

Test from start 09 till now. It will take about 24 hours to complete a test.

 

I am running usdjpy.

 

I'll run USDCHF. 30 TF

What do you want to select for best fit. PF or drawdown. Top 3?

BE ssems to make a big difference to results, in the quick testing I did.