Strategy EA Programming/Implementation needed!
Nov 06, 2013 at 06:59
726 Views
4 Replies
Nov 06, 2013 at 06:59
(edited Nov 06, 2013 at 03:10)
I have been working on a mixed Martingale system for a couple weeks now and am open to any suggestions/comments people may have. I am also looking for someone who is proficient at programming EA's for Meta Trader 4 or 5 to write them after having been critiqued.
I am using a binary options broker to perform the actual trades which is why the profit/loss rates are fixed. The strategy's are separated by '=' signs and are all named 'Method Three' because I tried two previous methods which were both less profitable. These select picks can theoretically be scaled exponentially. The 'Using Above Method' below each base strategy are performance results I got by manually identifying trades for a couple of weeks.
Thank you for reading and I hope to be a member of this trading community for some time to come!
=====================================================================
Method Three (15 Min) (73%):
- $5 Break Even Profit
1: Look for volatile asset.
2: Look for 3 or more consecutive up or down movements in the market. During 15 minute interval.
3: First bet $20 on it going in the trends direction.
4: if win then stop. If loss then continue to bet in trend direction two times if needed.
5: continue to bet in trend direction,
2nd Time: $34.35
3rd Time: $74.46
----------------------------------------------------------------------------------------------------------------------------
Using Above Method: (From: 10/1/13-10/22/13)
67 Wins = $14.60 Profit = $978.20
72 Minor Wins = $5 Profit/Loss = $360
16 Losses = $74.46 Loss = -$1191.36
Total Trades: 155
Total Profit/Loss: +$146.84
=====================================================================
Method Three (15 Min) (73%):
- $5 Break Even Profit
- 2 Bar Instead of 3
1: Look for volatile asset.
2: Look for 2 or more consecutive up or down movements in the market. During 15 minute interval.
3: First bet $20 on it going in the trends direction.
4: if win then stop. If loss then continue to bet in trend direction two times if needed.
5: continue to bet in trend direction,
2nd Time: $34.35
3rd Time: $74.46
----------------------------------------------------------------------------------------------------------------------------
Using Above Method: (From: 10/1/13-10/24/13)
128 Wins = $14.60 Profit = $1868.8
111 Minor Wins = $5 Profit/Loss = $555
32 Losses = $74.46 Loss = -$2382.72
Total Trades: 271
Total Profit/Loss: +$41.08
- Not enough time to establish a proper trend.
=====================================================================
=====================================================================
Method Three (30 Min) (77%):
- $5 Break Even Profit
- 2 Bar Instead of 3
1: Look for volatile asset.
2: Look for 2 or more consecutive up or down movements in the market. During 30 minute interval.
3: First bet $20 on it going in the trends direction.
4: if win then stop. If loss then continue to bet in trend direction two times if needed.
5: continue to bet in trend direction,
2nd Time: $32.47
3rd Time: $68.15
----------------------------------------------------------------------------------------------------------------------------
Using Above Method: (From: 10/9/13-10/24/13)
57 Wins = $15.40 Profit = $877.80
34 Minor Wins = $5 Profit/Loss = $170
9 Losses = $68.15 Loss = -$613.35
Total Trades: 100
Total Profit/Loss: +$434.45
=====================================================================
Method Three (15 Min) (73%):
- $10 Break Even Profit
- 2 Bar Instead of 3
1: Look for volatile asset.
2: Look for 2 or more consecutive up or down movements in the market. During 15 minute interval.
3: First bet $20 on it going in the trends direction.
4: if win then stop. If loss then continue to bet in trend direction two times if needed.
5: continue to bet in trend direction,
2nd Time: $41.10
3rd Time: $83.70
----------------------------------------------------------------------------------------------------------------------------
Using Above Method: (From: 10/1/13-10/24/13)
128 Wins = $14.60 Profit = $1868.80
111 Minor Wins = $10 Profit/Loss = $1110
32 Losses = $83.70 Loss = -$2678.40
Total Trades: 271
Total Profit/Loss: +$300.40
- Not enough time to establish a proper trend.
=====================================================================
=====================================================================
Method Three (30 Min) (77%):
- $10 Break Even Profit
- 2 Bar Instead of 3
1: Look for volatile asset.
2: Look for 2 or more consecutive up or down movements in the market. During 30 minute interval.
3: First bet $20 on it going in the trends direction.
4: if win then stop. If loss then continue to bet in trend direction two times if needed.
5: continue to bet in trend direction,
2nd Time: $38.97
3rd Time: $76.59
----------------------------------------------------------------------------------------------------------------------------
Using Above Method: (From: 10/9/13-10/24/13)
57 Wins = $15.40 Profit = $877.80
34 Minor Wins = $10 Profit/Loss = $340
9 Losses = $76.59 Loss = -$689.31
Total Trades: 100
Total Profit/Loss: +$528.49
=====================================================================
I am using a binary options broker to perform the actual trades which is why the profit/loss rates are fixed. The strategy's are separated by '=' signs and are all named 'Method Three' because I tried two previous methods which were both less profitable. These select picks can theoretically be scaled exponentially. The 'Using Above Method' below each base strategy are performance results I got by manually identifying trades for a couple of weeks.
Thank you for reading and I hope to be a member of this trading community for some time to come!
=====================================================================
Method Three (15 Min) (73%):
- $5 Break Even Profit
1: Look for volatile asset.
2: Look for 3 or more consecutive up or down movements in the market. During 15 minute interval.
3: First bet $20 on it going in the trends direction.
4: if win then stop. If loss then continue to bet in trend direction two times if needed.
5: continue to bet in trend direction,
2nd Time: $34.35
3rd Time: $74.46
----------------------------------------------------------------------------------------------------------------------------
Using Above Method: (From: 10/1/13-10/22/13)
67 Wins = $14.60 Profit = $978.20
72 Minor Wins = $5 Profit/Loss = $360
16 Losses = $74.46 Loss = -$1191.36
Total Trades: 155
Total Profit/Loss: +$146.84
=====================================================================
Method Three (15 Min) (73%):
- $5 Break Even Profit
- 2 Bar Instead of 3
1: Look for volatile asset.
2: Look for 2 or more consecutive up or down movements in the market. During 15 minute interval.
3: First bet $20 on it going in the trends direction.
4: if win then stop. If loss then continue to bet in trend direction two times if needed.
5: continue to bet in trend direction,
2nd Time: $34.35
3rd Time: $74.46
----------------------------------------------------------------------------------------------------------------------------
Using Above Method: (From: 10/1/13-10/24/13)
128 Wins = $14.60 Profit = $1868.8
111 Minor Wins = $5 Profit/Loss = $555
32 Losses = $74.46 Loss = -$2382.72
Total Trades: 271
Total Profit/Loss: +$41.08
- Not enough time to establish a proper trend.
=====================================================================
=====================================================================
Method Three (30 Min) (77%):
- $5 Break Even Profit
- 2 Bar Instead of 3
1: Look for volatile asset.
2: Look for 2 or more consecutive up or down movements in the market. During 30 minute interval.
3: First bet $20 on it going in the trends direction.
4: if win then stop. If loss then continue to bet in trend direction two times if needed.
5: continue to bet in trend direction,
2nd Time: $32.47
3rd Time: $68.15
----------------------------------------------------------------------------------------------------------------------------
Using Above Method: (From: 10/9/13-10/24/13)
57 Wins = $15.40 Profit = $877.80
34 Minor Wins = $5 Profit/Loss = $170
9 Losses = $68.15 Loss = -$613.35
Total Trades: 100
Total Profit/Loss: +$434.45
=====================================================================
Method Three (15 Min) (73%):
- $10 Break Even Profit
- 2 Bar Instead of 3
1: Look for volatile asset.
2: Look for 2 or more consecutive up or down movements in the market. During 15 minute interval.
3: First bet $20 on it going in the trends direction.
4: if win then stop. If loss then continue to bet in trend direction two times if needed.
5: continue to bet in trend direction,
2nd Time: $41.10
3rd Time: $83.70
----------------------------------------------------------------------------------------------------------------------------
Using Above Method: (From: 10/1/13-10/24/13)
128 Wins = $14.60 Profit = $1868.80
111 Minor Wins = $10 Profit/Loss = $1110
32 Losses = $83.70 Loss = -$2678.40
Total Trades: 271
Total Profit/Loss: +$300.40
- Not enough time to establish a proper trend.
=====================================================================
=====================================================================
Method Three (30 Min) (77%):
- $10 Break Even Profit
- 2 Bar Instead of 3
1: Look for volatile asset.
2: Look for 2 or more consecutive up or down movements in the market. During 30 minute interval.
3: First bet $20 on it going in the trends direction.
4: if win then stop. If loss then continue to bet in trend direction two times if needed.
5: continue to bet in trend direction,
2nd Time: $38.97
3rd Time: $76.59
----------------------------------------------------------------------------------------------------------------------------
Using Above Method: (From: 10/9/13-10/24/13)
57 Wins = $15.40 Profit = $877.80
34 Minor Wins = $10 Profit/Loss = $340
9 Losses = $76.59 Loss = -$689.31
Total Trades: 100
Total Profit/Loss: +$528.49
=====================================================================
forex_trader_149646
Member Since Sep 09, 2013
471 posts
Nov 07, 2013 at 03:35
2: Look for 3 or more consecutive up or down movements in the market. During 15 minute interval.
Up or Down movement? Are you referring to a Candle Bar? Three Bearish bars within 15minutes, or 3 M15 Bars all bearish?
Being specific in your strategy clears up most questions that discourage coders from helping?
Up or Down movement? Are you referring to a Candle Bar? Three Bearish bars within 15minutes, or 3 M15 Bars all bearish?
Being specific in your strategy clears up most questions that discourage coders from helping?
Nov 07, 2013 at 22:41
RedRhino posted:
2: Look for 3 or more consecutive up or down movements in the market. During 15 minute interval.
Up or Down movement? Are you referring to a Candle Bar? Three Bearish bars within 15minutes, or 3 M15 Bars all bearish?
Being specific in your strategy clears up most questions that discourage coders from helping?
When I say 3 consecutive up or down movements I am referring to 3 consecutive bullish or bearish candles within the given time frame. So for that example I would need to see either three 15 minute candles all being bullish or bearish to consider them for the strategy.
Nov 19, 2013 at 11:45
Maple posted:RedRhino posted:
2: Look for 3 or more consecutive up or down movements in the market. During 15 minute interval.
Up or Down movement? Are you referring to a Candle Bar? Three Bearish bars within 15minutes, or 3 M15 Bars all bearish?
Being specific in your strategy clears up most questions that discourage coders from helping?
When I say 3 consecutive up or down movements I am referring to 3 consecutive bullish or bearish candles within the given time frame. So for that example I would need to see either three 15 minute candles all being bullish or bearish to consider them for the strategy.
Hi Maple,
do you mean 3 bearish candles is signal for Sell and 3 bullish candles is signal for Buy ?
I am expert in MT4 programming, and I have my own complete trading management.
So, I can edit and put your technical into 1 procedure that taken by EA to make position according the signals,
and then all opened position will be completely handled by EA.
But, because of we have different in technical for taking signals,
btw my technical based from Support/Resistance strategy,
are you sure your own signals by each of 3 bear/bull candles able to make good trading results with DD below 20%?
If you're really sure then I will update my EA and send you the program for free, and you just do backtest,
and we continue discussion here with your backtest reports.
The weakest creature in the world is a human. It's a reason why the human always develop anything to make them stronger. I am here is just for share, not teaching anyone :)
Nov 20, 2013 at 12:21
yohana posted:Maple posted:RedRhino posted:
2: Look for 3 or more consecutive up or down movements in the market. During 15 minute interval.
Up or Down movement? Are you referring to a Candle Bar? Three Bearish bars within 15minutes, or 3 M15 Bars all bearish?
Being specific in your strategy clears up most questions that discourage coders from helping?
When I say 3 consecutive up or down movements I am referring to 3 consecutive bullish or bearish candles within the given time frame. So for that example I would need to see either three 15 minute candles all being bullish or bearish to consider them for the strategy.
Hi Maple,
do you mean 3 bearish candles is signal for Sell and 3 bullish candles is signal for Buy ?
I am expert in MT4 programming, and I have my own complete trading management.
So, I can edit and put your technical into 1 procedure that taken by EA to make position according the signals,
and then all opened position will be completely handled by EA.
But, because of we have different in technical for taking signals,
btw my technical based from Support/Resistance strategy,
are you sure your own signals by each of 3 bear/bull candles able to make good trading results with DD below 20%?
If you're really sure then I will update my EA and send you the program for free, and you just do backtest,
and we continue discussion here with your backtest reports.
I'm still working out some things with the strategy and once I have them figured out I will let you know. Thank you for letting me know your available. I can send you the Google document that I have all my most up to date information in when it is fully optimized. I look forward to working with you soon!
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