Trigger Bar Method (EURUSD 4,000 pips since 1/20/04)
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Thread: Trigger Bar Method (EURUSD 4,000 pips since 1/20/04)

  1. #1
    As you can see, practically no drawdown. This graph trades one pair: the EURUSD H1. I've looked in the entrances about the backtest and they seem to enter exactly where I would need them to. I guess there is always a possibility the backtest is providing false effects, but up to now I am confident.

    Later on, perhaps we (theforexforum.co.zacommunity) can find settings that operate on multiple pairs.

    At this time, I will distribute all source code openly until we have created a great product.

    Maybe someone will download the EA and backtest 2001 - 2003 too? I haven't been able to acquire H1 data for all those years.

    Here's the URL to the EA thread:

    https://www.forexforum.co.za/cryptoc...mizing-ea.html

  2. #2
    Mikhailthegreat observed that having a hedge is unnecessary and results in shedding an extra 700 pips in broker commissions!!!! ($7000) The reason for this is that one of the two hedges will continually be stopped out. The broker receives an extra 2 pips for each ceased straddle.... So 350 trades X two pips is 700.

    Mikhail, the issue isthe backtester always puts the entrance in the start of the candlestick and not anywhere in the middle. The entries will arrive in the middle of the candle.

    When backtesting with H1 data, the backtester won't set the entrance anywhere in the middle of this H1 candle because it dismisses the M1 data. Do you know?

  3. #3
    Mikhail helped me fix the straddle. The backtest is showing 4000 pips now at 90% MQ.

  4. #4
    Quote Originally Posted by ;
    Mikhail helped me fix the straddle. The backtest is showing 4000 pips today.
    How about ahead test? Over 100 pips?

  5. #5
    Entries seem good on the backtest chart... Here is a setup that seem as the backtesting is accurate. The first circle is that the cause bar. The next circle reveal the price travelled 40 pips away from the trigger bar close. A straddle opened ( /- 40 pips) round the close of this next candle. The third circle shows the brief straddle was shot, and therefore the long straddle has been ignored.

    The latest model of the EA takes commissions into account and removes the hedge. I submitted it today on the other thread.... Up 4,000 pips!

    I'd like to point out that in the event that you look carefully at the graph in place , you'll see it ends with an 800 pip drawdown. You can tell from the graph that the EA didn't earn any money in most of 2006.

  6. #6

  7. #7
    Quote Originally Posted by ;
    The writer has asked that his thread has been deleted, but I cannot do that, so I'll close it and it will fall out of circulation.

  8. #8
    The absolute value of an hour candle's open - shut is higher than the trigger value (say 50 for EUR/USD)

    The price moves away in the close an arbitrary space (say 40 pips)

    A short and long are opened at the finish of the hour candle in the prior sentence.

    For EUR/USD, stoploss of 40 and take profit of 180 seem to function best. TP and SL are indistinguishable for both short and long.

    That's all there is to it!

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