Thread: EA Factory

90573Are you saying the two of them? I am using TD-Combo on 12 charts and they appears to be fine. I am aware there is a glitch in TD-Seq on upgrading numbering when I was growing TD-Combo on its top. Once I get the time I will fix it.

Originally Posted by ;

Aha,

Thank you for you and the staff behind these indiors. I have been wanting it on FXDD demonstration for the previous two weeks and have been following this thread on these indiors. I've got exactly the identical difficulty as Hoh. Both these indiors do not automatically place numbers on this chart.

Would love your help and guie. Thanks.

Payal

90573

Originally Posted by ;

Thanks GP2X! Was the backtesting result?

I took a peek at td carrie utilizing VB on glow.
I needed to alter the original TD carrie method as it employs a proportion of their stock prices for buy\sellstops, stoploss amounts and take profit amounts.

I utilized a lowest historical low because my zero degree and subtracted this from the current open of the daily pub. I used this gap in calculating my 1 percent buy\sellstops stoploss amounts and 12% consider profit amounts. (Together with the absolute value of this currency would make the stop loss, and make profit and buy\sellstops extremely large).

For most of the settings I attempted, the method wasn't profitable.
Nevertheless there were some settings which broke even or were profitable.
It was dependent on the stoploss and take profit amounts that were set.
(for me this really drove the point home regarding money management and how a system could be profitable or unprofitable from this lonely ).

I did a lot of the backtesting using a VB macro on excel. I put in a dialog box for you men to make it a lot easier to use. Forgive the crudeness of this dialog box--it was my first time using a dialog box.


Attached is the excel spreadsheet with EURUSD daily data from alpari.
Scroll to the bottom for Net profits, biggest profit for a given trade, and biggest loss.

If you would like to try various stoploss, takeprofit and buy\sell stop percentages. Press alt f8. Pick the show user form macro. run it.
A dialog box appears and you can enter whatever proportions you desire.

I believe it's time I start learning MQL4 in earnest.
I will take on the coding for TD REI. After reading it at demark's book, I believe it will be a indior to use to help determine entry when TD successive or TD combo signifies there is going to be a reversal.

Note: demark extensively uses price action (albeit his versions of them) to ascertain entry for lots of his indiors and trendline breaks. Something as straightforward as price action and money management in conjunction with TD Combo\Seq could make a very profitable system



p.s. I needed to change the extension to .jpg as the forum would not let me upload a .xls file. Change the extension back to .xls to open the document.

90573Yes. I tried them both on H1 and M5 charts for GBP/USD. I have to refresh in order to get the numbering functioning and it has changed, when I do it the second time. The numbering of data looks not affected. It is the current days value gets changed.

BTWI am using the 0_5 for reversal and 0_1 for the combo. I guess these are the most recent models?

Let me know. Thanks.

Originally Posted by ;

Are you really saying both of them? I'm using TD-Combo on 12 charts and they appears to be fine. I know there's a glitch on updating numbering once I was developing TD-Combo on its top, in TD-Seq. When I get the time I will fix it.

90573

Originally Posted by ;

Both indiors wasn't designed to be utilized at a time lesser than 30M, therefore I did not integrate the logic for it. But if your guide testing outcome is great on reduced timeframe (I doubt it), I'll put it in.

Thank you for your reply.

I had done a quick guide backtest for EUR/JPY for September and October 2006 with your TD-Combo with Left Brain Trading Total Fibo (LBT) of 56 this morning. My target was 2 LBT degrees which was about 8pipsx2=16pips. I entered 2 lots:1st lot for 8pips and 2nd lot for 16pips. Below was outcome from my memory because I didn't have enough time to perform absolute backtest:

1. Winning rate was approximately 95 dropped of 100pips.
2. Winning rate was 95%-99%(?) For stop dropped of 200pips.

Only one case of drawback which was over 100pips i.e. 185pips for these two months. This case hitted its original target of 16pips following 15 days. Although this was theoritically winning trade but practically losing trade.

I also did a quick TD-Combo along with LBT Ab Fibo 146 for 1-hour chart. The rate was very close to that of 5-min except all target and stop were 3-fold larger than 5-min. For instance, target was 50-70pips.

My other find out was there were 2-5 TD-Combo transactions every day for 5-min chart. For 1-hour chart, there was 1 trade for each 1-7 days. Time to close a (winning) trade were 15 minutes to 8 hours for M5 and 4 hours to 4 days for H1.

Therefore my judgment has been risk/reward and profit for M5 and H1 were basically exactly like taking account of trade opportunity and completion time.

My principal purpose of trying M5 was because my funds is not large enough to hold drawback for half to few days as in H1 trades. Also, I will put my funds into 3 distinct pairs at the exact same time (if they have valid installments ) in M5 and take profit following few hours for next trades.

Last issue is I will gain more experiences by trading M5 instead of H1 during same period.

So I'll be very happy if you're able to create automatic upgrade for shorter duration. For updating every x minutes, maybe a setting input which could be changed by user?

I plan to check 1-min chart for last few days because this morning I saw similar price movement for M1 and M5 however there were about 10-20 legitimate trades every day for M1

Originally Posted by ;

If you discover a problem on updating, you may attempt to switch time and see what happens, i.e., alter interval from one interval to another then shift it back. In that way you don't need to reopen the indior.

Thanks and I had tried it just now but the opportunity to change on different TFs was similar to upgrade through indior list. I changed variety of bar for background and chart in choice to 5K.

Originally Posted by ;

I am aware of this updating problem with TD-Seq and at TD-Combo the problem was fixed (I believe. . ) .

Can TD-Seq be mended?

Originally Posted by ;

The perfect setup/countdown are indied by larger arrows. The arrows on your charts were small ones, so that the setup/countdown weren't perfect.

Today I can view the various arrow size...
I believe this arrow size is not obvious. Can you switch to arrow type for setup/countdown that is perfect?

Sorry for long post and thanks to your great indiors.

Regards,
Hoh

905731 Structure (s)

Originally Posted by ;

...
1. ) Winning rate was approximately 95 dropped of 100pips.
2. Winning rate was 95%-99%(?) For stop lost of 200pips

Aha,

I found response for my result of almost 100% winning rate (too good to be true?) :

I monitored 1-min chart real time this afternoon and found that TD-Combo (and also TD-Seq) erased incomplete countdown if there was reverse setup was shaped or for different factors.

Now I explain this real time repaint of indior effected my backtest outcome (this is normal for all real time repainting indiors):

In my backtest for sept. and oct., I checked every complete setup which was not accompanied by countdown and created counter-trend trade. TD-Combo did nicely for my 8-24pips target and I got almost 100% winning rate.

Now for all those complete setups which were accompanied by whole countdown, the first setup acted like trend maker which resulted in second to forth installments exactly the same way and formed a complete countdown finally. So more than 70% of my transactions for these setups failed.

Since most of the time TD-Combo creates setup along with countdown, pristine countdown confused me in real-time because it may or may not be finished afterwards.

This confusion didn't occur in my backtest because all imperfect countdown had been erased.

I expect you'll get me.

Could you please add a setting input which lets user to select whether faulty countdown is shown. If can reveals a x mark at the bar which so that I can determine what next step to be taken during backtest and forward evaluation TD-Combo decides to cancel unfinished countdown.

Regards,
Hoh

90573Thanks phoenix, for the work. Lots of methods appears to be reasonable but once test it , it's not profitable.

Originally Posted by ;

I took a peek at td carrie with VB on glow.
I needed to alter the initial TD carrie method as it employs a percentage of their stock prices for buy\sellstops, stoploss amounts and take profit amounts.

I utilized a lowest historic low as my zero degree and subtracted this from the current open of the daily pub. I used this gap in calculating my buy\sellstops, 4% stoploss amounts and 12% take profit amounts. (Using the total value of the currency would make the stop loss, and make profit and buy\sellstops extremely big ).

For nearly all of the configurations I tried, the method was not profitable.
Nevertheless there were some settings that broke even or were profitable.
It was dependent on the stoploss and take profit amounts that were set.
(for me this really drove the point home regarding cash management and the way the system could be profitable or unprofitable from this alone).

I did a lot of the backtesting with a VB macro on excel. I put guys to make it easier to use. Forgive the crudeness of the dialog box--it was my first time using a box.


Connected is your excel spreadsheet with EURUSD daily information from alpari.
Scroll to the bottom for Internet profits, biggest profit for any particular trade, and biggest loss.

If you would like to try various stoploss, takeprofit and buy\sell stop percentages. Media alt f8. Pick the display user type macro. run it.
A dialog box appears and you can enter whatever percentages you want.

I believe that it's time I begin learning MQL4 in earnest.
I'll take on the coding for TD REI. After studying it at demark's book, I believe it will be a indior.

Note: demark extensively uses price action (albeit his versions of them) to determine entry for lots of his indiors and trendline breaks. Something as straightforward as price action and cash management in conjunction with TD Combo\Seq can make an extremely profitable system

phoenix

p.s. I needed to change the extension to .jpg as the forum would not let me upload a .xls file. Change the extension to .xls to open the file.

90573 I discovered 2 versions for TDREI. But I did not test it or verify the code to comply with Demark directions
https://www.cliqforex.com/attachment...1727102260.mq4
https://www.cliqforex.com/attachment...8304164591.mq4

90573Man, 100 pips SL and pips profit will get you no where. That means you will need to win about 4-11 times greater to break even. I would maintain a healthful 1:2-3 risk return ratio.

What I am getting at is that TD-Combo is much more acceptable for mid-term ranging market, where trends are powerful enough to bring in fine profit but not too powerful to break your setup a couple of times. Like now GBP is in a trend and TD-Combo has signaled reversal but BoE is expected to raise interest rate once more in Nov so the tendency may continue. In this kind of situation, are you going to position yourself in the side of this trend?

Concerning the confusion of this repainting, you might turn the numbering off in the parameter list. You will only see arrows on the charts when countdown and the setup complete, and these arrows just appear.

Originally Posted by ;

Aha,

I discovered answer for my own result of almost 100% winning rate (too good to be true?) :

I monitored 1-min chart real time this day and discovered that TD-Combo (and also TD-Seq) erased incomplete countdown whenever there was reverse setup was shaped or for different reasons.

Now I explain why this real time repaint of indior effected my backtest outcome (this is normal for many real time repainting indiors):

In my backtest for sept. and oct., I checked every comprehensive setup which wasn't accompanied by countdown and made counter-trend trade. TD-Combo did well for my 8-24pips goal and I got almost 100% winning rate.

Now for all those complete setups which were accompanied by complete countdown, the very first installment acted like trend manufacturer which led to second to forth setups in same direction and formed a comprehensive countdown finally. So more than 70% of my transactions for these setups failed.

As the majority of the time TD-Combo creates setup together with countdown, incomplete countdown perplexed me in real-time because it may or might not be finished later.

This confusion did not occur in my backtest because all imperfect countdown had been erased.

I hope you'll get me.

Could you please add a setting input which enables user to choose whether faulty countdown is displayed. If can, also reveals a mark in the pub which TD-Combo decides to cancel countdown so that I can decide what step to be taken during backtest and forwards evaluation.

Regards,
Hoh

90573

Originally Posted by ;

Thanks for your reply.

I had done a quick manual backtest for EUR/JPY for September and October 2006 with your TD-Combo with Left Brain Trading's Absolute Fibo (LBT) of 56 this afternoon. My target was 2 LBT levels which was about 8pipsx2=16pips. I entered 2 lots:1st lot for 8pips and 2nd lot for 16pips. Below was result from my memory since I didn't have time to perform absolute backtest:

1. Winning rate was around 95 percent for stop dropped of 100pips.
2. Winning rate was 95%-99%(?) For stop lost of 200pips.

AHA: SL is too large for your TP target... which basically says we can not take every signal we get.

So I'll be very pleased if you can create automatic upgrade for shorter term. For updating every x minutes, maybe a setting input which could be altered by user?

Can TD-Seq be mended?

Now I can view the different arrow size...
I believe that this arrow size is not obvious. Can you switch to arrow type for perfect setup/countdown?

AHA: Unfortunately I do not really have enough time to fix it right now. But you may attempt the variant. They could have the functions you desire.



Regards,
Hoh

Thanks for sharing your testing results, Hoh.

90573AHA.... I have read a number of your posts and enjoy where you are coming from....

Within the daily range thread myself and a few other traders have come up with 4 distinct variations of a daily range egy which we'd enjoy backtested over a period of possible years. We would like to get a summary month on a month of hwat every system accomplishes pip shrewd and clearly what the drawdown is.

The egies are very easy to comprehend and are mechanical in nature.

I have written detailed specs for all of these and am just finalising the finer details.

Can it be possible for you guys here to again examine it for us and then possible write an EA to go with it?

That I Guarentee you that these variation are all profitable in the short term but we need to understand about the long run and then have to be able to automate it. This is something that everyone will gain from:--RRB-

Please let me know if this will be possible and I shall post the specs.