krizsi1 Posted August 1, 2010 Report Share Posted August 1, 2010 Yes, it can be because of the summer. Most of the big traders are on vacation. Be careful when the autumn starts. What is "300/300"? No trade minutes before and after the news? Yes, in high impact news option. Quote Link to comment Share on other sites More sharing options...
prattpot Posted August 1, 2010 Report Share Posted August 1, 2010 Is 300/300 adequate though? I am of the opinion that at least 8 to 10 hours is optimal and always check the charts prior to engaging any EA. The calendar news is only recorded events and subject to live news items, the recovery effects have also huge impacts Quote Link to comment Share on other sites More sharing options...
murtamad Posted August 5, 2010 Report Share Posted August 5, 2010 Hot of the press... hxxp://srstr3ndrid3r.c0m/doubledoji-a.html Quote Link to comment Share on other sites More sharing options...
tobi1122 Posted August 6, 2010 Report Share Posted August 6, 2010 is this profitable on foreward test? Quote Link to comment Share on other sites More sharing options...
DominoFX Posted August 6, 2010 Report Share Posted August 6, 2010 is this profitable on foreward test? +22% in July on Alpari UK demo. Quote Link to comment Share on other sites More sharing options...
CDaeda Posted August 6, 2010 Report Share Posted August 6, 2010 Go to the site zzz.jetcruz.com to get a virtual server that works great with MT4. The cost is reasonable too. Quote Link to comment Share on other sites More sharing options...
murtamad Posted August 8, 2010 Report Share Posted August 8, 2010 There's a forex factory calendar dll packaged with a certain oil trading ea. Their code only check for either major, medium or low impact news but no option for all 3 together as implemented by Dinj. I suppose that could be easily re-coded. Anyway, the real question is whether a dll is better than an indicator, ie quicker, stable, less memory? I can't remember which post but you can get the package directly from www.g0ldrush3a.c0m/the0ilbiz3a.htm Quote Link to comment Share on other sites More sharing options...
daddypancakes Posted August 9, 2010 Report Share Posted August 9, 2010 (edited) Any plans to implement the news filter to the new MD 1.3? I feel bad to request so much from such generous people! Wish I was a programmer! I failed Java class! lol! Edit: N1 is doing well. (in demo at least) http://www.myfxbook.com/members/daddypancakes Edited August 9, 2010 by daddypancakes add link domonkos 1 Quote Link to comment Share on other sites More sharing options...
carlscott Posted August 9, 2010 Report Share Posted August 9, 2010 Hi daddypancakes, excellent set-up there! It will be good to see if the aggressive versions stand the test of a few months. Which MD N1 are you using? Is it v1.01n1ee? Also will be interesting to see what the non-news versions do during the FOMC this week...:) Quote Link to comment Share on other sites More sharing options...
daddypancakes Posted August 9, 2010 Report Share Posted August 9, 2010 Yes, it is the v1.01n1ee. I would use 1.21 for eur/usd if it had adjustable hours. I agree, it is very interesting to watch the non-news version take hits while the N1 avoids it. I put together the 24hr demos to see how the EA performs during each hour. BTW - The creator of this myfxbook is brilliant! Quote Link to comment Share on other sites More sharing options...
DominoFX Posted August 9, 2010 Report Share Posted August 9, 2010 Yes, it is the v1.01n1ee. I would use 1.21 for eur/usd if it had adjustable hours. I agree, it is very interesting to watch the non-news version take hits while the N1 avoids it. I put together the 24hr demos to see how the EA performs during each hour. BTW - The creator of this myfxbook is brilliant! Hi daddypancakes, thanks for sharing your demo account, I will keep it watching. It is interesting to see that the best performer is the N1 robot in agressive mode. I suppose 24H means that you run the EA whole day, and not just in the Asian session, isnt it? v1.01n1ee is not the Pro version? Quote Link to comment Share on other sites More sharing options...
daddypancakes Posted August 9, 2010 Report Share Posted August 9, 2010 Hi daddypancakes, thanks for sharing your demo account, I will keep it watching. It is interesting to see that the best performer is the N1 robot in agressive mode. I suppose 24H means that you run the EA whole day, and not just in the Asian session, isnt it? v1.01n1ee is not the Pro version? Yes sir, it is the pro version. You are correct, the accounts with "24hr" are running all hours of the day (except default blocked days, such as friday). MB Trading claims to have identical demo/real server feeds, so lets hope for the best!! I agree it is odd the 24 hour aggressive account has done so well. It would be much higher if it ignored 0800-1100 EST! Quote Link to comment Share on other sites More sharing options...
carlscott Posted August 9, 2010 Report Share Posted August 9, 2010 Such a smart set-up, I'll see if I can replicate it (but with just 2 MT4s, I'm running out of computer power!). It would be good to see how it goes on a range of brokers, MD is probably the most broker sensitive EA I've used. I'll post a myfxbook when its ready. Currently I've just got set-hours, non-aggressive, news filtered MD set up and it only managed 3 trades for 18 pips last week. Oh, by the way, no JPY pairs....? Quote Link to comment Share on other sites More sharing options...
daddypancakes Posted August 9, 2010 Report Share Posted August 9, 2010 (edited) Oh yes, the JPY pairs.. I ditched them. Are others having good luck with them? I kicked them to the curb and never looked back. Plus, the JPY pairs scare me for some reason. They seem unpredictable. To conserve computing power, I zoom the graphs all the way in, and in options (ctrl+o) under "charts" change both "max bars" settings to the lowest. I've found this made a diff. Plus I kill any flashy operating system settings (make it look like windows 2000). Well, I'll put the JPY pairs back on.. can't hurt right? Edited August 9, 2010 by daddypancakes pair reconsideration Quote Link to comment Share on other sites More sharing options...
carlscott Posted August 9, 2010 Report Share Posted August 9, 2010 Thanks for the tips mr Pancakes. :) I have a beast of a laptop, but running 5 mt4s at once really gives it a workout. Yep, maybe keep the JPYs in just for testing purposes. The problem with them I think is that I've often noticed them react strongly to non-high level (red) news that we're not filtering for. At least we can rule them out for live after a bit of observing. Okay, all I could manage was one MT4 instance: https://www.myfxbook.com/portfolio/megadroids/30507 This is for 24 hours, aggressive, news-filtered. Its already going nuts. :P Quote Link to comment Share on other sites More sharing options...
gabesz34 Posted August 9, 2010 Report Share Posted August 9, 2010 Hi all! I write this in the MD XE N1: not trading avoiding news This is normal, or did not say something good in? No demo account. Quote Link to comment Share on other sites More sharing options...
DominoFX Posted August 9, 2010 Report Share Posted August 9, 2010 Hi all! I write this in the MD XE N1: not trading avoiding news This is normal, or did not say something good in? No demo account. It is normal and it means that the EA currently does not trade because of the news. Quote Link to comment Share on other sites More sharing options...
gabesz34 Posted August 9, 2010 Report Share Posted August 9, 2010 It is normal and it means that the EA currently does not trade because of the news. Ok. Thx DominoFX Quote Link to comment Share on other sites More sharing options...
carlscott Posted August 10, 2010 Report Share Posted August 10, 2010 Hey pancakes, I see the demo account got crushed today. Got my hopes slightly dashed. Quote Link to comment Share on other sites More sharing options...
daddypancakes Posted August 10, 2010 Report Share Posted August 10, 2010 Hey pancakes, I see the demo account got crushed today. Got my hopes slightly dashed. LoL! 8 SL's in a row. I'm trying to figure out what happened. Ideas anyone? EDIT: I just saw you took some hits also... Yikes! Quote Link to comment Share on other sites More sharing options...
carlscott Posted August 10, 2010 Report Share Posted August 10, 2010 Yep, my first day of testing was a bad one :P No particularly damaging news was scheduled, can't really explain why it happened except that its probably a dangerous strategy. Weird that the non-news version is holding up okay.... Its all going to get killed in about 6 hours though ;) Quote Link to comment Share on other sites More sharing options...
Houston Posted August 10, 2010 Report Share Posted August 10, 2010 That's right clovelly, but the robot also doesn't trade Quote Link to comment Share on other sites More sharing options...
murtamad Posted August 12, 2010 Report Share Posted August 12, 2010 In post#1 on this thread, http://indo-investasi.com/showthread.php/8174-Naked-charts-with-trendlines-only, syk1kz mentions "I will be avoiding what is to be considered high impact news and will be flat 30minutes before said news. Medium or low impact will be ignored. For a good economic calendar please use http://www.dailyfx.com/calendar/ rather than http://www.forexfactory.com/calendar/ the reason for this is FF often displays news as Tentative while DFX shows the actual time, i also feel FF displays some news as high impact when DFX displays it as low or medium at best. In my experience DFX is more accurate in defining the impact the news will have on the markets." Guys, what do you think - the dailyfx calendar is more accurate than the forexfactory calendar? Could that be the reason for so many SL? Hmm, food for thought. Could an equivalent dailyfx calendar indicator be created if there isn't one already? Quote Link to comment Share on other sites More sharing options...
murtamad Posted August 12, 2010 Report Share Posted August 12, 2010 Found the dailyfx news reader indicator! But first, here's another post http://indo-investasi.com/showthread.php/8061-News-Reader-Indicator/page2 where expat1967 says in post#11 : "Trying FCAL currently over various pairs... Noticed, that the news queue is not accurate/complete as per DailyFX. Thus, be careful and double check. E.g. High Impact news on JPY is missing. The next news in the queue in FCAL on JPY is in 22hours and medium impact. Per DailyFX the next news on JPY is in 2hours and high impact." In post#1 he shares the link to the news indicator that reads dailyfx calendar - http://www.multiupload.com/92UJU1GQGM He noted that it stopped working. I found out that this was due to dailyfx changing the location of the csv calendar file. If you put your mouse pointer on the csv link in http://www.dailyfx.com/calendar, you'll see the new location. Could we impose on Dinj to put his skills to make the changes to this indicator? I think it's not just the location of the csv file that needs changing. I'm guessing that the format of the csv file could have changed too. Dinj, please, please? Oh dear, pretty please as well since it would need another version of MD N1 to use this indicator. Quote Link to comment Share on other sites More sharing options...
noziggity81 Posted August 12, 2010 Report Share Posted August 12, 2010 (edited) I was part of the original bunch to test and use the N1 version of this robot. I had about 8 trades today on MD and only 1 hit SL (Live, GO Markets, it was EURJPY which I forgot to turn on the medium filter for -- see my rec's below), so I can't say that the losses some are experiencing are universal. Had I had medium on for the JPY pairs, I would have had no losses at all today. I've since remedied that mistake. ;) This robot is the safest and most effective. If you take time to read back through this thread you will see guidelines for setting up the N1 news filtering in a manner that is different from default and results in safer trading/better results. I mean: how many of you are setting it to 600 mins before and 600 mins after, rather than just leaving it at the default? The default that dinj set I think was 300/300 or something like that, and to use those low defaults would increase your likelihood of poor results. To summarize, the steps you can take to improve your results with N1 are: (1.) 600/600 - High Impact News for all pairs (*EXCEPT* trade JPY pairs with *BOTH* high and medium impact as 600/600) (2.) Trade Aggressive for all pairs *EXCEPT*: EURJPY, USDJPY, EURCHF and GBPCHF (3.) Use the trading times specified earlier in this thread (per theozaki's guidelines) If you follow those guidelines I am confident that you will not experience significant losses unless your broker is playing games. (Good brokers include Go Markets, FxCBS, Gallant FX, IamFX, and Alpari UK). Yep, my first day of testing was a bad one :P No particularly damaging news was scheduled, can't really explain why it happened except that its probably a dangerous strategy. Weird that the non-news version is holding up okay.... Its all going to get killed in about 6 hours though ;) Edited August 12, 2010 by noziggity81 domonkos and DominoFX 2 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.