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Cable Run from Profitable FX


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Here is is the CableRun V2 with swordfish way:

 

http://www.4shared.com/file/d0XlPogI/Cable_Run_isnV02.html

 

this is what i modify to the code:

1.- Add Comment in OrderSend as an extern variable (personal functionality, better to track in TEST)

 

2.- IncStep: "if IncStep=3, increase step by +3 pips for subsequent pending orders: 17 (initial), 20, 23, 26,..."; could be modify to any value.

 

3.- AfterHoursStep: if = 30, after StopHour there are open orders (with floating loss), the step for further pending orders is changed to 30 pips until all orders are closed out (with a profit); could be modify to any value.

 

4.- NextMinProfit: each new open order increase the MinProfit by this quantity; could be modify to any value.

 

5.- IncLot: is the next lot value for the next step, could be the same value for the first step or higher

 

Any bug, just let me know.

 

When StopHour arrive, I choose to close the pending orders and start with the AfterHoursStep. I could let the old pending order run and after use the AfterHoursStep. Swordfish didn’t explain this detail. But the logic said to increase step before London market open.

 

Note: StopHour = 9, mean stop trade at 9:59 broker time, that is the way CableRun V2 was coded. Also, I think that if we start trade at 23 broker time there is a BUG, I need to test, for the moment I start at “0”

 

iliotest

Edited by iliotest
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Here is is the CableRun V2 with swordfish way:

 

http://www.4shared.com/file/d0XlPogI/Cable_Run_isnV02.html

 

this is what i modify to the code:

1.- Add Comment in OrderSend as an extern variable (personal functionality, better to track in TEST)

 

2.- IncStep: "if IncStep=3, increase step by +3 pips for subsequent pending orders: 17 (initial), 20, 23, 26,..."; could be modify to any value.

 

3.- AfterHoursStep: if = 30, after StopHour there are open orders (with floating loss), the step for further pending orders is changed to 30 pips until all orders are closed out (with a profit); could be modify to any value.

 

4.- NextMinProfit: each new open order increase the MinProfit by this quantity; could be modify to any value.

 

5.- IncLot: is the next lot value for the next step, could be the same value for the first step or higher

 

Any bug, just let me know.

 

When StopHour arrive, I choose to close the pending orders and start with the AfterHoursStep. I could let the old pending order run and after use the AfterHoursStep. Swordfish didn’t explain this detail. But the logic said to increase step before London market open.

 

Note: StopHour = 9, mean stop trade at 9:59 broker time, that is the way CableRun V2 was coded. Also, I thing that if we start trade at 23 broker time there is a BUG, I need to test, for the moment I start at “0”

 

iliotest

 

iliotest, You are awesome.

 

Regarding your concern:

 

"When StopHour arrive, I choose to close the pending orders and start with the AfterHoursStep. I could let the old pending order run and after use the AfterHoursStep. Swordfish didn’t explain this detail. But the logic said to increase step before London market open."

 

You did it right. If you have open orders when StopHour arrives, close current pending orders and start with the AfterHourStep. However, there is a logic problem in rare cases, that is, if you have 5 open orders before London open with steps 17, 20, 23, 26, 29 and 32, then the afterhour step 30 does not help much. I'ven been struggling with this myself. Manually, I have done step 60 after StopHour in one or two cases.

 

Regarding the StopHour question, Cable Run does it differently. Here is a quote from the user manual, "PlaceTradesFrom 21:00and PlaceTradesTo 7:00, means that orders will be opened at 21,so EA will start to work at that time and close at 7:00, it will close pending orders,..."

 

We will test your EA and find out.

Edited by swordfish
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I hope you didn't get caught by the UK CPI release at 8:30 GMT. The number was lower than estimated, meaning that the inflation is low in UK and that sent GBP to a dive, but recovered hours later. Better check calendar every week. http://www.forexfactory.com/ This is the day I would love to avoid.

 

I want to point out something important based on my experience. Two of my managed accounts got out with a profit before the CPI release. One account did not get the last pending order filled (missed by 1 pip) and therefore didn't get out until much later. The two lucky accounts are ECN brokers. I'd rather pay a commission for every trade and have a tight spread so my order will get filled. This is something you may want to consider.

Edited by swordfish
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Hi fellows; Here are my results of a little more than one month of cable run v3 running 24 hours /day live. Performance is very good but sometime it get a bit scary! The drawdown shown (5.55%) is not right ,it is more like 40%

 

http://www.myfxbook.com/members/dingueling/fttm/92853/4Sb99c7jWtsrfHcmktfk

 

Try a short back testing to include Jan 19, 2009 and see if you survived. It was a 1000 pip drop in the UK session and never recovered.

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To Cider; I use default settings :Step 170,First lot 0.1 inclot0.0,trade from 00:00 to 23:59,min profit15.0,max loss1 max loss pips 100 max loss % 5 and I trade 0.10 per 4000$ account because you start with 0.10lot and you may go to 2 or 3 lots before it reverse.

 

To swordfish: no I don t think I would have survived jan 19,2009 that is the problem with grid trading you are often trading against the trend,This EA works best in a ranging market.

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To swordfish: no I don t think I would have survived jan 19,2009 that is the problem with grid trading you are often trading against the trend,This EA works best in a ranging market.

 

Yea. But if you trade GMT21-7 you would have avoided that drop. That is why I've been advocating the intended trading window for Cable Run.

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Thank you iliotest. It really helps a lot. Thank you for sharing the information. Good job and keep it up.

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