Indo Run (First post will be updated with new versions/setfiles/etc.)

[expat1967]

Hi Expat1967,

 

Really appreciate your quick answer, it is a great efforts of you answering us while you are busy working on your successful EA.

 

I would be thankful if you give a small idea about the Klot and how it works ?

 

**Would you be more kind to please explain how basket 1 & 2 & 3 works ?!!

 

Again thanks in advance for all your wonderful efforts

 

Arto

 

KLot will double the Lot Size every 10k reached. 10/20/30 => 0.1/0.2/0.3 per default.

 

Thus, a stepped money management.

 

Cheers

[expat1967]

Hi, Expat 1967,

 

I'm demoing IndoRun 1.4o with conservative setting, sometime it open buy and sell order at the same time. In this time, there are 2 open positions : buy 0.1 lot at 2010.11.18 17: 00 and sell 0.1 lot at 2010.11.18.18:11 ( Fxpro : GMT+2 ), 2 these positions still be held up to now with the total profit $13 . Is there anything wrong with them ?

Hope to hear from you soon.

Thanks a lot

 

Are you running on Multibasket? Never had order issues...

Cheers

[joseromano]

please check your pass, it says "wrong pass..", thanks

 

No brother, pass is true,,,,,,without www.

[askalas]

First - thanks expat and everybody else for great work!! Indo run looks very promising.

About backtesting. I'm currently trying to backtest this strategy using joseromano (thanks!) set file as base. I've simply converted some of the profit mode and basket variables from bool to int and now I'm running optimize to check different settings. I know that backtesting isn't 100% correct but I don't buy the argument that newsfilter isn't on. If I see a big drawdown I just check the date/time and check the backlog on news... I also see the possibility of including old news to be able to put news filter on when backtesting. Maybe something like the plot news indicator (http://www.forexfactory.com/showthread.php?t=250544) but I haven't had the time to look into it.

 

So far the backtesting looks promising but I'm worried about the occasional huge drawdowns. I'm only running optimize for half a month but its a start. I'll expand the testperiod when I can exclude som settings :)

[expat1967]

First - thanks expat and everybody else for great work!! Indo run looks very promising.

About backtesting. I'm currently trying to backtest this strategy using joseromano (thanks!) set file as base. I've simply converted some of the profit mode and basket variables from bool to int and now I'm running optimize to check different settings. I know that backtesting isn't 100% correct but I don't buy the argument that newsfilter isn't on. If I see a big drawdown I just check the date/time and check the backlog on news... I also see the possibility of including old news to be able to put news filter on when backtesting. Maybe something like the plot news indicator (http://www.forexfactory.com/showthread.php?t=250544) but I haven't had the time to look into it.

 

So far the backtesting looks promising but I'm worried about the occasional huge drawdowns. I'm only running optimize for half a month but its a start. I'll expand the testperiod when I can exclude som settings :)

 

I will have a closer look at the newsfilter next week. Just saw that it didnt take the mix of the Bernanke Speach properly, but thats coming from the Forex Factory Input. Maybe will change to an other one as I would prefer DailyFx news. TSD might be an option as well and I have their newstrader backtestable however.

 

Cheers

[Guest aroman]

Dear expat1967,

 

Thank you for your informative answer .. you are a real star :)

 

can you please explain how basket 1 & 2 & 3 works ?!!

 

Appreciate your time and efforts

 

With respect

 

Arto

[⭐ c0py]

Hi Guys, I am running this live for a few days. Has anyone been trading today and seen big drop since 12 GMT ?

 

http://img716.imageshack.us/img716/3389/tradesx.png

 

Anything to worry about? :)

[askalas]

Hi c0py, I'm not trading this live and I've just started to run backtests but from what I've seen it looks like a fairly normal situation to me. The longer single-direction trend (like from 12 GMT today), the more you need to control your nerves ;)

Anyone with more experience with this ea please correct me if I'm wrong.

[⭐ c0py]

Thanks, yeah I did some backtesting myself... I guess you don't see things the same way when backtesting - only the results.

 

It's still holding on at the moment at the same level

[Znake]

@ c0py: What settings are you using? On my demo account there are no such trades.

 

http://fpttest3.mt4stats.com/

[⭐ c0py]

@ c0py: What settings are you using? On my demo account there are no such trades.

 

These are my settings:

 

Menu=Indo Run Setup

EAName=

IndoRunLabelOn=0

MagicNumber=Random Magic will overide manual set Magic Number

Magic=128738

UseRandomMagic=1

RandomMagicLower=100000

RandomMagicUpper=200000

DayFilter=Select the days for Indo Run to trade

Monday=0

Tuesday=1

Wednesday=1

Thursday=1

Friday=1

Saturday=1

Sunday=0

TradeMonthEnd=1

MonthEndOffset=3

TradeFirstDayOffMonth=0

DayOffset=0

GMTOffset=1.00000000

HourFilter=Select the Trading Hours or set to 24h

Trading24h=1

HoursFrom=10

HoursTo=6

Session_Filter=Only in 24 Mode: Use both Session Filter together only!

Session_Filter1=Filters per default London Session (GMT)!

SessionFilter1=0

SF1Hour_On=5.00000000

SF1MinuteOn=45.00000000

SF1Hour_Off=9.00000000

SF1MinuteOff=0.00000000

Session_Filter2=Filters per default NY Session (GMT)!

SessionFilter2=0

SF2Hour_On=11.00000000

SF2MinuteOn=45.00000000

SF2Hour_Off=17.00000000

SF2MinuteOff=30.00000000

AvoidNews=1

High_Impact=1

MinsUntilNextHighNews=90

MinsSincePrevHighNews=90

Medium_Impact=1

MinsUntilNextMediumNews=10

MinsSincePrevMediumNews=10

Low_Impact=0

MinsUntilNextLowNews=60

MinsSincePrevLowNews=60

Info5=Main Order Setup

PAO= ProfitAllOrder will calculate automatically while the Lotssize is changed!

ProfitAllOrder=12.00000000

FixedProfitAO=0

ADVProfitMode=0

ATRProfitMode=1

ATRProfit=4.00000000

ADVATRProfit=1

ADVATRProfitx=3.00000000

DynamicProfit=0

DynamicProfitStep=1.00000000

DeletePOMode=1

SingleOrderSL=0

SingleOrderTP=0

ADVOffsetMode=0

ATRStepOn=1

ATRPipsToStep=0

PriceOffset=-16

StepFactorOn=0

StepFactor=10

PriceOffset1=0

PriceOffset2=-1

PriceOffset3=-2

Lot=0.10000000

Slippage=4

AutomaticLots1=Automatic Lotsize based on Account Balance!

AutomaticLots2=ProfitAllOrder gets adjusted automatically!

AutoLotSize=0

Risk=2.00000000

MinLots=0.01000000

KLotSize=1

DoubleLots=1

Martingale=0

LotFactor=1.40000000

MartingaleMaxLot=0.50000000

DoubleBasket=0

TripleBasket=1

Timed_Stop=Stops Trading and closes all trades at selected time of a day!

TimedStop=0

StopHour=14

StopMinute=0

ATR_Filter=ATR Filter selection and setup!

ATROn=0

FilterMod=0

ATR_Period1=7

ATR_Period2=7

ATR_Period3=7

ATRShift1=0.00000000

ATRShift2=3.00000000

ATRShift3=5.00000000

ATRUpLimit1=13.00000000

ATRDnLimit1=7.00000000

ATRUpLimit2=21.00000000

ATRDnLimit2=16.00000000

ATRUpLimit3=26.00000000

ATRDnLimit3=24.00000000

CCIFilterOn=0

CCIPeriod1=14.00000000

CCIPeriod2=14.00000000

CCIShift1=0.00000000

CCIShift2=2.00000000

CCICurrentUp=100.00000000

CCICurrentDown=-100.00000000

CCIPreviousUp=100.00000000

CCIPreviousDown=-100.00000000

MomentumFilterOn=0

MomentumPeriod1=14.00000000

MomentumPeriod2=14.00000000

MomentumShift1=0.00000000

MomentumShift2=2.00000000

MomentumCurrentUp=100.20000000

MomentumCurrentDown=99.80000000

MomentumPreviousUp=100.20000000

MomentumPreviousDown=99.80000000

RSIFilterOn=0

RSIPeriod1=14.00000000

RSIPeriod2=20.00000000

RSIShift1=0.00000000

RSIShift2=2.00000000

RSICurrentUp=70.00000000

RSICurrentDown=30.00000000

RSIPreviousUp=80.00000000

RSIPreviousDown=20.00000000

MAFilterOn=1

MAPeriod1=7.00000000

MAPeriod2=7.00000000

MAIShift1=0.00000000

MAIShift2=0.00000000

MAMethod=0.00000000

MAShift1=0.00000000

MAShift2=3.00000000

MACurrentUp=0.00100000

MACurrentDown=0.00100000

MAPreviousUp=0.00120000

MAPreviousDown=0.00120000

DeletePOATR=1

DeleteOrderATR=0

ApplyTradeContext=1

TradeContextEmail=0

Stop_Out=Closes all trades in basket on cummulated Profit/Loss!

LossStopOutOn=0

LossStopOut=-5000

CAT=!!!Closes all trades in basket when true!!!

CloseAllTrades=0

[Znake]

Ok i see you have only newsfilter and MA filter activated. What timeframe are you using? M15 or H1?

[zidainis]

Is there in Indo Run a function to trade reverse ?

Thx

[⭐ c0py]

Ok i see you have only newsfilter and MA filter activated. What timeframe are you using? M15 or H1?

 

I am using M15

 

I havent looked at using M1, do you know if there is much difference?

[Znake]

I only tested H1 and M15 for the month november. H1 shows better results (smaller DD and more profit).

[⭐ c0py]

I only tested H1 and M15 for the month november. H1 shows better results (smaller DD and more profit).

 

Ok that sounds good, ill test H1 further for comparison.

 

My trades are looking much better now, only -$108 at present. was upto about -$560 at one point!

[Znake]

Ok good :) I think its normal that you will have a little DD with this EA.

[boxsterbooster]

Does anybody survive March 31st to April 10th 2009 on 5K account with 0.1 Minimum Lotsize? I used conservative set-file on M15 TF, 200:1 and it stopped out, because there was a larger push-up in GBPUSD. Nothing News-related. On 10K->stopped out. On 50k-> went trough with drawdown to ca. 47K.

If someone has backtested this successfully with 5K, or can give a hint, please tell.

Edited November 20, 2010 by boxsterbooster

[VladimirM]

Does anybody survive March 31st to April 10th 2009 on 5K account with 0.1 Minimum Lotsize? I used conservative set-file and it stopped out, because there was a larger push-up in GBPUSD. Nothing News-related. On 10K->stopped out. On 50k-> went trough with drawdown to ca. 47K.

If someone has backtested this successfully with 5K, or can give a hint, please tell.

 

Edit: I tested 200:1

 

Try to set file joseromano, 10000, max DD 6500 - March 31st to April 10th 2009.

Edited November 20, 2010 by VladimirM

[satoru4944]

If the market was bigdrop

Of losing all of my account?

 

I think the grid is very dangerous.

[joseromano]

Does anybody survive March 31st to April 10th 2009 on 5K account with 0.1 Minimum Lotsize? I used conservative set-file on M15 TF, 200:1 and it stopped out, because there was a larger push-up in GBPUSD. Nothing News-related. On 10K->stopped out. On 50k-> went trough with drawdown to ca. 47K.

If someone has backtested this successfully with 5K, or can give a hint, please tell.

 

Hi, boxsterbooster

 

Maybe you can analyze trading data with the news release at that time, this news release in March 31st to April 10th 2009

 

http://www.forexfactory.com/calendar.php?c=2&week=1238284800&do=displayweek&month=4&year=2009

http://www.forexfactory.com/calendar.php?c=2&week=1238889600&do=displayweek&month=4&year=2009

 

If taken in the comparison between the backtesting (newsfilter false) with forward (newsfilter true), whether the results of trading is relevant ????,,,,,the answer is no.

 

I think backtesting can only be used for reference, if there are parameters that can not be included in backtesting, and the market is the future, nobody know. So, when backtesting we must look with visual mode, whether in accordance with the character of our trading.

 

Ok, how our strategy to running this ea for next week????

 

http://www.forexfactory.com/calendar.php?c=2&week=1290297600&do=displayweek&month=11&year=2010

 

I always look the future to making profit and look backtesting for reference.

Sorry, i'm running this ea for next week without risk. Because, i had break event my invest last week.

 

joseromano

[hammer083]

Hello,

 

I am new to the forum. It's a great place I must say.

 

In regards to the IndoRun - is there a description of actual strategy available somewhere? I jut want to understand what this EA is actually doing.

 

Also, in the zip file there are some set files. As I understand they are parameters presents. Could someone tell me how to use them? Do I put them to some folder in MT4?

 

Thank you.

[⭐ rozario173]

Hi hammer083,

 

The .set files go into here: C:\Program Files\MetaTrader\experts\presets

This EA is better than most out there.

 

Many pips,

[⭐ rozario173]

The only negative about this EA is if there is a prolonged uptrend/downtrend then your account will run into trouble like earlier this year when E/U was in a strong downtrend. Not sure if this EA has this feature where it can detect trend and then trade the way of the trend.

[hammer083]

Thank you Rozario. Do you know if there is algorithm description for this EA available somewhere?