annexy Posted July 12, 2010 Report Share Posted July 12, 2010 (edited) Hi gw999, pls can u share your quik trailing EA with us, it sounds good to possess such weapon....Thank you in advance Edited July 12, 2010 by annexy Quote Link to comment Share on other sites More sharing options...
gw999 Posted July 12, 2010 Report Share Posted July 12, 2010 Here once again the link for the Quick Trailing EA from Quiksilver. http://slil.ru/28148597 psw: indo-investasi Settings are easy to understand, if you need further information, see this link: http://indo-investasi.com/showthread.php/3878-Quik-Trailing?highlight=quick+trailing annexy 1 Quote Link to comment Share on other sites More sharing options...
chrisbenjy Posted July 13, 2010 Report Share Posted July 13, 2010 I had a good start to the day today: I got +67 Pips today on my first trade, at 09:30 GMT on EURUSD M5 Quote Link to comment Share on other sites More sharing options...
alright Posted July 13, 2010 Report Share Posted July 13, 2010 I had a good start to the day today: I got +67 Pips today on my first trade, at 09:30 GMT on EURUSD M5 Well done, but could you please point out your entry a bit better? There's no signal at that time. My signal would have been at 8am GMT as shown in the pic http://content.screencast.com/users/alright/folders/Jing/media/2082e736-0c95-4641-9ff8-bcfb5c514062/2010-07-13_1124.png Quote Link to comment Share on other sites More sharing options...
chrisbenjy Posted July 13, 2010 Report Share Posted July 13, 2010 (edited) Well done, but could you please point out your entry a bit better? There\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\'s no signal at that time. My signal would have been at 8am GMT as shown in the pic My bad, I meant GBPUSD sorry. But here is the screenshot anyway. http://img534.imageshack.us/img534/6034/130710gbpusd.jpg By the way, with my entry was I right to wait until the previous bar closed or could I have entered on the bar that gives the signal (A bar earlier)? Edited July 14, 2010 by chrisbenjy Quote Link to comment Share on other sites More sharing options...
alright Posted July 13, 2010 Report Share Posted July 13, 2010 Considering the filters, the close of that candle you marked is the exact entry point where to enter that trade, which would still be at 8.35 GMT on my chart. Regarding your pics, you can click the icon indicated by an arrow in my pic, then you'll see a pop up window where you paste your link and you'll get the wrapped test as shown. http://content.screencast.com/users/alright/folders/Jing/media/46cffcd9-aea3-4768-a7e5-aa4d3b8a2543/2010-07-13_2335.png Quote Link to comment Share on other sites More sharing options...
getting Posted July 15, 2010 Report Share Posted July 15, 2010 Hi Pathway may i join in the group to learn more ? thanks Quote Link to comment Share on other sites More sharing options...
chrisbenjy Posted July 15, 2010 Report Share Posted July 15, 2010 How is the group going along? Have you made any changes to the strategy? Chris Quote Link to comment Share on other sites More sharing options...
chrisbenjy Posted July 16, 2010 Report Share Posted July 16, 2010 The system seems to give a lot of false signals, which is a shame because when a signal occurs that isn't false it usually results in lots of pips. http://img693.imageshack.us/img693/3118/falsesignal.jpg As you can see in the image, waddah is in agreement in previous bar, MA has changed colour, and BB is giving correct signal. However, the signal was false and the trade would have been -52 pips if I didn't have a 15 pip stop loss. This is a regular occurrence. I created an EA for this strategy and the back test does not look good on any currency. The system will deteriorate your balance in about 2 months from false signals. Therefore I think aspects of the system need refining. Quote Link to comment Share on other sites More sharing options...
soundfx Posted July 16, 2010 Report Share Posted July 16, 2010 Hi Chris, Out of interest, how does your EA perform using a 15M chart and only trading between 06:00-18:00 GMT ? Use the change of Waddar to exit early and also have a fixed target of 50 pips and stop of 20 pips. Quote Link to comment Share on other sites More sharing options...
chrisbenjy Posted July 16, 2010 Report Share Posted July 16, 2010 (edited) Hi Chris, Out of interest, how does your EA perform using a 15M chart and only trading between 06:00-18:00 GMT ? Use the change of Waddar to exit early and also have a fixed target of 50 pips and stop of 20 pips. I am currently performing a back test on EURUSD with the settings you mentioned. So far the results look reasonable. I think the problem I had with the strategy is that my stop was too tight (15 pips) so trades could not breath. However, I still feel that we need to try to find a way to filter out many of the false signals. I will update the post with the back test results once it finishes. Chris EDIT: I am about half of the way through the back test and it is not looking good. I only did a one month backtest (14.06.10 to 14.07.10) so I could get a brief idea of the profitability. The problem is a very poor winning percentage. There are huge amounts of losses, but one winning trade can often bring home 3 times the value of a 50 pip stop out. Edited July 16, 2010 by chrisbenjy Quote Link to comment Share on other sites More sharing options...
chrisbenjy Posted July 16, 2010 Report Share Posted July 16, 2010 (edited) My back test finished, here is the result with 2% Risk on each trade, $3000 deposit between period of 16/06/2010 to 16/07/2010. http://img153.imageshack.us/img153/4674/indobt.gif Have you been experiencing good results with the strategy? If you have then I may have programmed the strategy into an EA incorrectly or something, because that back test shows poor results; the EA was operating below the initial deposit most even finished negative. The middle part of the back test looks very profitable, if we can find out what happened on those days then we might be able to refine the strategy. Chris Edited July 16, 2010 by chrisbenjy Quote Link to comment Share on other sites More sharing options...
patheway Posted July 17, 2010 Author Report Share Posted July 17, 2010 Hmmm First of all I am not using that set up anymore. I am in private testing now We are experiencing a average of 6% growth per day. A lot of what I am doing cannot be revealed on a public forum but I will give you something that will help your tests and trading. Get rid of the TDI, keep the Waddah(s) You are not to use the BB squeeze as a normal indicator it is only there to show you the potential of a possible large movement ahead. This system cannot be back-tested. It's not traded like this. It's more than just a mechanical system. Good luck Patheway Quote Link to comment Share on other sites More sharing options...
Skygod Posted July 17, 2010 Report Share Posted July 17, 2010 Hi patheway, I have been running your original system for a couple of weeks with reasonable results. Any chance of joining the group? Quote Link to comment Share on other sites More sharing options...
soundfx Posted July 17, 2010 Report Share Posted July 17, 2010 Hi Chris, Thanks for running the test anyway. I've been observing the indicators on 1M, 5M and 15M charts and I noticed that there were less false signals on the 15M chart. Plus the times of largest volatility in the markets in general will be from 06-18 GMT which should cut out false signals in less volatile times. Filtering bad signals is tricky as we always end up filtering out some really good trades too. As Patheway says, there's a lot more involved in manually trading the system. For example in the failed trade on your chart - would you have bought at that point if you were manually trading ? Prior price action was a double top and the failed trade was taken at the lower high after this move and price went down immediately showing that a potential break of resistance had failed. Manually trading we'd have been very cautious about entering long at this point, and it would be wise to wait for price to show where it wanted to go next rather than just relying on the basic entry signal. Quote Link to comment Share on other sites More sharing options...
jjames Posted July 22, 2010 Report Share Posted July 22, 2010 Patheway , I hope everything is gonna be oke soon with you pls come say hi sometimes in skype group. Oke take care and hoppefully whe see you jump by sometimes jj Quote Link to comment Share on other sites More sharing options...
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