Donna Forex Forum

Systems (EA's and manual), and Managed Accounts => EA's (automated systems), and associated items (VPS, support/questions) => Topic started by: donbon2 on August 09, 2018, 11:05:21 PM

Title: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on August 09, 2018, 11:05:21 PM
I'm sorry this isnt a free EA - but on sale its like $149 so not too expensive use code BIRTHDAY if interested in this.

Please keep in mind what this EA does and doesn't do. It has built in strategies that open the trade - it trades according to plan but if the market goes against the trade then it will start an averaging plan until it can exit ... if that plan hits a certain amount then it will automatically just close the open positions at a loss.

you can also use your own EA to open the trade then set up a recovery process -- it is pretty flexible.

Also if your trade is open and the market changes where you dont want recovery just hit close all and it will close all -- or you can open an opposite trade and it will manage that as well... yes it has alot of features.

I have tested alot -- and I mean alot - there are some very good ways to trade this but you have to realize you are going to take a stop from time to time -- the market trends hard and even the best strategy cant save those sort of trades ... but what you can do is build a portfolio.

one trend trader - one range trader and one breakout -- that way you always make something on the trend - you will make some on the breakout but the range may lose -- so you can smooth out your equity curve ... this is my ultimate goal.

In saying that I will share one idea for one strategy and you can use it or lose it  LOL.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on August 09, 2018, 11:06:14 PM
tds for 2018

4hr chart currency GBPYEN
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on August 09, 2018, 11:08:15 PM
graph
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: Humble Trader's Fx on August 10, 2018, 01:19:17 PM
I'm sorry this isnt a free EA - but on sale its like $149 so not too expensive use code BIRTHDAY if interested in this.

Please keep in mind what this EA does and doesn't do. It has built in strategies that open the trade - it trades according to plan but if the market goes against the trade then it will start an averaging plan until it can exit ... if that plan hits a certain amount then it will automatically just close the open positions at a loss.

you can also use your own EA to open the trade then set up a recovery process -- it is pretty flexible.

Also if your trade is open and the market changes where you dont want recovery just hit close all and it will close all -- or you can open an opposite trade and it will manage that as well... yes it has alot of features.

I have tested alot -- and I mean alot - there are some very good ways to trade this but you have to realize you are going to take a stop from time to time -- the market trends hard and even the best strategy cant save those sort of trades ... but what you can do is build a portfolio.

one trend trader - one range trader and one breakout -- that way you always make something on the trend - you will make some on the breakout but the range may lose -- so you can smooth out your equity curve ... this is my ultimate goal.

In saying that I will share one idea for one strategy and you can use it or lose it  LOL.

Will follow your lead; with a profit factor of 4.71 for the GBP/JPY, it looks like a winner. Keep posting your results.

Regards,
HumbleTrader
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: FLechdrop on August 10, 2018, 02:42:51 PM
I have been looking at this. How do you think it compares to the alternative, https://www.pointzero-trading.com/Products/view/PZSafetyNetEA ?

I found the seller saying that he thinks it is better, though not possible to use under US legislation. He also said the SafetyNet/Hedge Recovery EA generally does better in trending periods and the Averaging EA when the market is ranging.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on August 10, 2018, 02:51:50 PM
I have bought the hedge one as well - it has made alot of money today due to trend and I have just disabled it... as I set it on 10 points which means it was very market reactive -- so didnt want any gaps over weekend or anything to mess it up for next week.

averaging you have to watch the market to make sure to avoid those crazy days -- while hedge when the market slows down you need to turn it off.

the other one you mention doesnt keep the trades open like the other 2 - it closes and increases size on the next one .. I prefer the other style.

The reason I started an averaging thread is you can build a portfolio with it - and let it run most of the time ... hedge you cant do that -- basically you only want it running when the market is moving. (hope this explains it)
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on August 10, 2018, 02:56:18 PM
the main downside to averaging EA - most of the strategies need the 4 hour chart to be more accurate and avoid the killer DD - so trades are less -- but from my testing 3-4 of them together should be 100% per year - if everything went according to normal.

anyway we can keep discussing this over time I guess - I prefer it because you take the trend setting -- just about any setting on short makes money but designing a matching set for long was challenging .. anyway best of luck.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on August 10, 2018, 03:07:41 PM
the funny thing is the EAs without averaging none of them make money except that BB set file.

entry prices and false breakouts hurt them so without the average entry most of them are a bust.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: FLechdrop on August 10, 2018, 06:39:40 PM
Have you already tried using it with your own EAs? It seems you have to put something in the code, so it could not be used with commercial EAs/indicators... Though I am sure there would be some way to work around that.

The downside to me is that if you have a reasonably good EA which gets most entries right, it does not help much if you are using only 0.01 lot for the initial entry...
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on August 10, 2018, 09:23:42 PM
you can just change the lot size to suit your account.

most of these are designed for  1000 0.01 and if you get stopped about 80 to 90 dollar loss.... but you can change that by altering spacing - range and multiplier.

anyway its up to you really.

as far as me building EA lab EAs -- this averaging EAs can manage those trades -- but in those I am trying to get the best entries and not really averaging them out -- but there is alot you can do with this EA.

I am tired now will catch u next week.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on August 10, 2018, 09:35:41 PM
you take the GBPYEN set file I posted - for most people that could run 0.01 with 250... or the multiple of 0.02 500 0.05 1250 etc

anyway these things are up to you
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: dideco on August 12, 2018, 09:42:10 AM
As far as I understood, in case I bought a EA by PZ , no set file would be provided to me?

Do you think hedge EA would have a better profit factor as long as with a better net profit in 2018 than a heiken ashi EA? Both are trend following EAs.

I tried to find good values for parameters of their free EAs (like Bollinger, supertrend , heiken ashi) but with no good results. I attach what I found which is not so good, unfortunately.




Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on August 12, 2018, 09:32:30 PM
he doesnt provide any set files which is why I made this thread.

you are right and I have said this a few times before -- none of his free EAs make any money no matter what settings you use - the only one was the BB set file which I posted - but at the moment is in DD for me.

when you use averaging EA to trade the strategies then you can build set files that can work - but will always get stopped out at some point but overall profitable.

when you compare hedge to averaging they are 2 different things. Hedge really only works when the market is moving quickly so it can get in and out of trades fast -- otherwise you have to make a big zone and it will make next to no money. on the other hand averaging is best when the market is slower and when the market gives many chances to buy and sell ... personally my feeling is averaging is the better safer one -- hedging is much riskier.

really as I said the goal here is to have 3-4-5 strategies on averaging trading the same account - so they can offset any DD and make the equity curve smoother .... from my testing the real issue is the entry price they are often very bad.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: dideco on August 13, 2018, 06:47:35 PM
actually, if you backtest over 2018 the heiken ashi and supertrend EAs with my presets, the net profit is > 0.
However it is not impressive (it is not 100% gain).

I haven't found any good preset with BB EA.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on August 16, 2018, 07:01:53 PM
I shut the BB strategy down prefer to go with this one - simply because this is trading a certain entry signal and you can move around additional entries and it feels a better way to trade to me.

in saying that these strategies are not without risk because they are designed with a certain amount of market movement - and if the market moves more than that then your going to take a 8% hit even more if it is really disrupted .. these events are rare and the set files I developed also recover quite quickly ... so with these they are more long term strategies to be used with conservative settings.

if you want bigger risk/return then the BB EA with that set file is better compared to these.

also with these there will be less trades due to them being on longer time frames.

anyway these are my current thoughts best of luck.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on August 18, 2018, 09:35:08 PM
I have been working on the hedging EA and it is quite a challenge to get a set file that can trade all markets.

basically for the long term a 65/75 point zone is necessary.

What would be better is to just change it manually -- when you know the market is moving or volatile - have a 10 or 20 point zone and when the market is in a small range then move it out to 75 points ... this will far make more money than any set file .. but probably not preferred by most though.

also you have to be careful which currencies you run on - as with a 65-75 pt zone it needs to be one where swap points are next to zero.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on August 18, 2018, 10:09:13 PM
Here is a Set File for the HEDGING PZ EA

it should be run at 0.01 per 1000  GBPYEN  15 minute chart

if it hits full SL you would lose 0.48 times 30 point  0.24 times 30 points 0.12 times 30 points 0.06 times 30 points etc

so be prepared for a $250 loss if that happens.

the test also is done at 2 points -- so ideally if you can average less than that including swaps/commissions profit will be higher -- if not profit will be lower.

Also be aware over rollover you may have to stop the EA running if your broker widens the spread too much --- this has a 30 point zone.

((ANYWAY USE AT YOUR OWN RISK THIS IS A MORE DANGEROUS TYPE OF STRATEGY AND IS BROKER DEPENDENT - ECN ONLY LOW COMMISSION NEEDED))
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on August 18, 2018, 10:10:58 PM
TDS report for the GBPYEN PZ Hedging EA Strategy above for 2018

it hits its maximum 6th trade about 5 times .. which isnt too bad but thats how close you come to a full SL so far this year.

Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on August 21, 2018, 03:40:34 AM
just so you know - the Hedging EA in my sig is the exact set file posted in the thread... I just started it and has closed 2 trades today.

on the averaging EA - I changed those - it runs Lopez Trend 4 hour on EUR and GBPYEN .. I'm not sure if I posted that one or not - it is same set file for both --- basically it is looking for decent moves and not scalping -- backtests are good but we will see on live

anyone who follows any EA knows that backtests dont mean much - it is live accounts that show the true story.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on August 31, 2018, 12:07:32 AM
Trend Trigger

EURUSD + USDYEN Portfolio Performance Below

use at your own risk

15 minute chart

0.01 initial adjust for balance
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on August 31, 2018, 12:09:50 AM
keep in mind this is more looking for some trends - so performance is choppier at the moment than the first four or so months - as markets trend it will make money quickly.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on August 31, 2018, 12:52:16 AM
bit of diversification  -- Zone and Day Trading

keep in mind when I add the extra 2k - it makes 4k balance

so with 4k return is DD10%  Profit50%

I'm going to run on 1500    -- so probably 500 DD but 2k profit.


use at own risk -- the exact set files are loaded into my Sig Account

cheers
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: synaptium on October 09, 2018, 07:18:13 AM
Wow.

Amazing stuff.

I have been trying to tweak this ea too.

Sent you a PM
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: synaptium on October 09, 2018, 07:43:06 AM
I am wondering how you are trading 1k accounts with 0.01 lot.

I tried it and the profits were almost nothing.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on October 09, 2018, 07:47:28 AM
I will come back to this thread when I finish a project I am working on.

This EA has potential but it is a style that some people really dislike -- anyway will update in a week or 2 when I have time.

cheers
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on October 20, 2018, 05:17:40 AM
This one is for the HEDGING EA not the averaging EA -- I will post some of those in a few days.

GBP 15m

profit for 2018 on 0.01 about 200 with 65 DD

these types of EAs are not for everyone.

also on 1000 if you get stopped you would lose 200

see attached set file

(please backtest yourself before using .. also keep in mind GBP volatility will be rising soon)
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on October 20, 2018, 05:30:33 AM
I am wondering how you are trading 1k accounts with 0.01 lot.

I tried it and the profits were almost nothing.


I was using this then went onto much more advanced strategy - now back to tweaking these.

Keep in mind that these require the market to move a certain amount ... lets take the GBPUSD one I just posted .. the stats look like

1000   Profit 200 for Jan18 to Oct18 DD 65 using 0.01

so you could safely run 0.01 or 0.02 and make 200-400 or 20-40%

do you know how many EAs make 20-40% ? not many ... most of them just blow up for one reason or another -- this one is slow and steady -- but not for everyone.

Also a good strategy maybe  GBPUSD  USDYEN  AUDUSD  USDCAD -- so you can get some diversification through the crosses ... on 1000 you would risk 800 to make 800 basically.

anyway all I am doing is presenting options that I know work -- whether you want to use this type of EA is up to you... want to trade bigger - just change the lot size.

Cheers
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: chrisyeap on October 27, 2018, 08:58:30 AM
bit of diversification  -- Zone and Day Trading

keep in mind when I add the extra 2k - it makes 4k balance

so with 4k return is DD10%  Profit50%

I'm going to run on 1500    -- so probably 500 DD but 2k profit.


use at own risk -- the exact set files are loaded into my Sig Account

cheers

Sorry my english.  This setting is for which EA?
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on October 28, 2018, 01:02:18 AM
those 2 were for the averaging EA -- basically since the thread has the title averaging - what I am doing is anything that isnt averaging I am labelling differently so you can see it
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on October 28, 2018, 01:04:48 AM
also for the person who said that 0.01 per 1k is nothing -- the thing is these settings will see you with 0.10 exposure in averaging or 0.25 in hedging when they hit their peak --- so yeah it is not exciting but there is risk there you dont see.

plus you can always increase the starting lot to 0.02 or 0.03  depending on the DD per 1000.

you gotta remember these EAs are alot more secure/regular in performance than the average EA with SL and TP

anyway these EAs appeal to a certain type of trader and not everyone.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: FLechdrop on October 30, 2018, 09:04:17 AM
Don't you think, from the results you posted earlier, that this strategy is not doing as well under the current market conditions? (Compared to the first four months of this year.)
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on October 30, 2018, 09:09:52 AM
you have to keep in mind that all strategies need to be reoptimized as the market changes .. these wont work forever -- but I just put a couple on my account yesterday

usdyen and gbpusd ---- honestly these eas are not for everyone - as you will get DD - and you have to keep it reasonable.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on October 30, 2018, 09:07:09 PM
if you want anything from PZ 50% off at moment

The 50% discount code is HALLOWEEN
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on November 14, 2018, 02:03:19 AM
this is for the Hedge EA - which means higher risk higher reward basically.

the results are based of 1k  0.04 start lot size. .... 15 minute eurusd chart

result and setfile attached

please keep in mind that these are optimized for 2018 - further optimization may be needed in the future -- please load on a demo and see if you like it before you use it live.

the nuts and bolts of this are if you get stopped you lose 300 - should not happen often and entry is by fractal.... to generate 300 if you were to be stopped that is about 5 - 6 weeks of trading in a busy market to get it back.

If you are into higher risk - higher reward then this might interest you .... cheers.

Title: Re: PZ Averaging EA Set Files/Discussion
Post by: FLechdrop on November 14, 2018, 02:56:31 PM
That looks pretty good, donbon2!
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on November 14, 2018, 11:26:22 PM
BLACK FRIDAY IS HERE!
50% Discount on everything until November 30th
Claim your discount using the discount
code BLACKFRIDAY in the order page
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: Humble Trader's Fx on November 14, 2018, 11:36:08 PM
BLACK FRIDAY IS HERE!
50% Discount on everything until November 30th
Claim your discount using the discount
code BLACKFRIDAY in the order page

Excellent! On it. :)

Regards,
HumbleTrader
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: Humble Trader's Fx on November 15, 2018, 12:56:19 AM
BLACK FRIDAY IS HERE!
50% Discount on everything until November 30th
Claim your discount using the discount
code BLACKFRIDAY in the order page

Excellent! On it. :)

Regards,
HumbleTrader

There seems to be an issue with the discount and promotion, it does not work. I have sent a notice to the vendor to see what is the issue.  :-[


Regards,
HumbleTrader
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: Humble Trader's Fx on November 16, 2018, 01:47:29 AM
this is for the Hedge EA - which means higher risk higher reward basically.

the results are based of 1k  0.04 start lot size. .... 15 minute eurusd chart

result and setfile attached

please keep in mind that these are optimized for 2018 - further optimization may be needed in the future -- please load on a demo and see if you like it before you use it live.

the nuts and bolts of this are if you get stopped you lose 300 - should not happen often and entry is by fractal.... to generate 300 if you were to be stopped that is about 5 - 6 weeks of trading in a busy market to get it back.

If you are into higher risk - higher reward then this might interest you .... cheers.

Hello, DonBon2.

I finally was able to purchase the Hedging EA. I want to test it using your *.set file but I want to start with a more conservative approach. As I understand this, I need to change, "Behaviour" from, aggressive to the recommended, "balanced". Would I also need to change the lot size from .04 as you have set it, to .01 for instance, or is that not relevant?

Thank you in advance.

Regards,

HumbleTrader
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on November 16, 2018, 02:21:14 AM
do not change anything but the lot size

0.04 equals about $100 a month on 1000 account --- risk is 300

so if you make lot size 0.01 you would make 25 a month and only need a 250 account


I started it yesterday on the 1000 0.04 and it has had about 4-5 trades and made $20

make sure you run on 15m eurusd chart - doesnt work on anything else.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on November 16, 2018, 02:27:34 AM
I am not saying this for you HT --- but all my testing is done at EURUSD spread of 2 points

so if you use a ECN broker with razor tight spreads and rebates or commission rebates - should work well.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on November 16, 2018, 02:41:24 AM
this is what my current portfolio performance looks like


Title: Re: PZ Averaging EA Set Files/Discussion
Post by: nwboater on November 16, 2018, 02:49:52 AM
this is what my current portfolio performance looks like

That is excellent donbon2, especially for this crazy year! Is this all of your Forex or just the PZ EA's

Thanks,
Rod
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on November 16, 2018, 07:23:14 AM
this is everything customized/optimized and running - there is nothing more I can do with these.

the PZ things are becoming more useful to me as I see what they can be used for.

Next I will work on the Wall St and M H1 with controller - I will try to get set up on the weekend.... if I can't improve their reliability then there isnt anything else to do.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on November 16, 2018, 08:50:54 AM
if your not making money in FX and want something on the lower risk/return scale - then the very first set file in this thread looks like this

for something free its pretty good -- just like the last eurusd one for hedging -- makes a decent portfolio.

Title: Re: PZ Averaging EA Set Files/Discussion
Post by: FLechdrop on November 16, 2018, 09:15:57 AM
Looks good indeed. What is the timescale of this test?
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on November 16, 2018, 09:46:19 AM
that is the first set file 4hr gbpyen for the last year and a bit

it doesnt trade as much as the other one as it is based on 4hr breakouts but the PF is like 4 or more from memory

anyway just a suggestion to run this and the EURUSD hedging one together smooth out the equity curve a little for you.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: reinerh on November 16, 2018, 12:50:41 PM
donbon,

what software did you use to post your portfolio performance ??

its not from myfxbook, thats why i am asking.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on November 16, 2018, 01:17:28 PM
the one from icm  .. part of ealab
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: FLechdrop on November 16, 2018, 01:37:44 PM
I don't really follow how that one works, actually. You have to upload ICM reports? Where do you get these?
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on November 16, 2018, 01:55:23 PM
hit the upload button and it will load the data and u can check it out .. I like it for portfolio stuff
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on November 16, 2018, 01:58:47 PM
if you ran the eur one u should have made profit today
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: FLechdrop on November 16, 2018, 02:12:03 PM
hit the upload button and it will load the data and u can check it out .. I like it for portfolio stuff

But where do I download the data that I have to upload? It wants me to select a file...
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on November 16, 2018, 02:14:07 PM
account history save as file upload

it seems to have a live  feature but not sure how to use that
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: reinerh on November 16, 2018, 02:15:38 PM
thx don,

eu breaking out at the moment, us $ got news, was a nice ride...................
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: Humble Trader's Fx on November 16, 2018, 02:27:44 PM
if you ran the eur one u should have made profit today

Right on, DonBon2, 14.35$/1000$!
If only it wasn't a demo account  :D

Regards,
HumbleTrader
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on November 16, 2018, 02:59:16 PM
every strategy made money today which is nice and I sleep alot better now as well - with risk more controlled in how the positions are opened - how the trade is managed and what actually causes a SL.

thats if for me this week and I will start on those others on the weekend.

good luck
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: Humble Trader's Fx on November 16, 2018, 05:31:46 PM
every strategy made money today which is nice and I sleep alot better now as well - with risk more controlled in how the positions are opened - how the trade is managed and what actually causes a SL.

thats if for me this week and I will start on those others on the weekend.

good luck

Hello, DonBon2.

I have taken the liberty of adding a widget of this demo account to my signature so that others who are interested may follow:

Have a great weekend, Donbon2, and thank you for all the hard work you are putting in for the benefit of all here.  :)

Regards,
HumbleTrader
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: Humble Trader's Fx on November 18, 2018, 06:41:57 PM
if you ran the eur one u should have made profit today

Right on, DonBon2, 14.35$/1000$!
If only it wasn't a demo account  :D

Regards,
HumbleTrader

I tried using two EUR/USD charts, one on aggressive and the other recommended (balanced) risk: For some reason, although I had used different magic numbers, the two instances were interfering with each other causing a massive number of canceled orders. I have since emailed the developer/vendor, to note to him of a possible bug in the code.

I have therefore set up an entirely new demo account which I will post the widget to it as soon as the market opens. Too bad, it was a nice first winning trade which set us off to a good start.  :'(

Regards,
HumbleTrader
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: Humble Trader's Fx on November 20, 2018, 05:31:40 PM
if you ran the eur one u should have made profit today

Right on, DonBon2, 14.35$/1000$!
If only it wasn't a demo account  :D

Regards,
HumbleTrader

I tried using two EUR/USD charts, one on aggressive and the other recommended (balanced) risk: For some reason, although I had used different magic numbers, the two instances were interfering with each other causing a massive number of canceled orders. I have since emailed the developer/vendor, to note to him of a possible bug in the code.

I have therefore set up an entirely new demo account which I will post the widget to it as soon as the market opens. Too bad, it was a nice first winning trade which set us off to a good start.  :'(

Regards,
HumbleTrader

I received the following response from the developer:

"Thanks for your message. Indeed but Hedging EA uses a magic number of ZERO to identify the first trade from the recovery trades, which have a magic number different. So with each initial trade placed, each instance of the EA starts its own recovery process and tries to delete the orders of the other instance of the EA. Please never, ever, load the EA twice on the same symbol."

What this means is that the magic number is hardwired so that even if you change the magic number, it will be confused by the EA and go into a spin. The only way about testing this EA on multiple, instances is to set up a separate account for each instance using the same pair ie: EUR/USD: You learn something every day. ;)

Overall, the Hedge EA is performing well and we need to thank Donbon2 for introducing it to us and the hard work he has put into working out the *.set file for us.  :)

Regards,
HumbleTrader
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on November 20, 2018, 08:01:53 PM
you cannot change anything other than the lot size for the set file - the recovery amount is set by that setting which is critical to performance -- so yeah lot size and nothing else please.

I will do more set files for other things -- but right now I would suggest the GBPYEN one and this EURUSD one - both show good performance -- although we obviously dont know future performance.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: Humble Trader's Fx on November 20, 2018, 08:41:10 PM

 I would suggest the GBPYEN one and this EURUSD one - both show good performance -- although we obviously don't know future performance.

Hello, Donbo2; do we use the same *.set file for the GBP/JPY as you have provided for the EUR/USD?  :-[

Regards,
HumbleTrader
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on November 20, 2018, 08:59:41 PM
no that is the first one in the thread it is 4 hour chart and doesnt trade as much but it makes money .. ie 20% a year if left to its own devices... the EURUSD one is more 100% a year
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: Humble Trader's Fx on November 20, 2018, 09:18:51 PM
no that is the first one in the thread it is 4 hour chart and doesnt trade as much but it makes money .. ie 20% a year if left to its own devices... the EURUSD one is more 100% a year

OOps  :-[, I thought we were discussing the Hedging EA, sorry about that.

Regards,
HumbleTrader
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on November 20, 2018, 09:44:57 PM
yes your right that is the averaging EA not the hedging one.

if anyone is interested in developing these EAs over time - just like we are discussing now - they are all on sale with 50% off - so now would be the time for purchase.

also I got email yesterday argolab have 70% off their EAs as well -- so a pretty good time to make purchases.

I just see the PZ Grid/averaging/hedging eas -- as ones that I can work with that is why I bought them -- many other eas arent flexible and get pretty frustrating.

anyway I will support the thread the best I can and I do feel I have added alot of value with what I have provided so far - they all show nice performance to date.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: Humble Trader's Fx on November 20, 2018, 09:51:41 PM
yes your right that is the averaging EA not the hedging one.

if anyone is interested in developing these EAs over time - just like we are discussing now - they are all on sale with 50% off - so now would be the time for purchase.

also I got email yesterday argolab have 70% off their EAs as well -- so a pretty good time to make purchases.

I just see the PZ Grid/averaging/hedging eas -- as ones that I can work with that is why I bought them -- many other eas arent flexible and get pretty frustrating.

anyway I will support the thread the best I can and I do feel I have added alot of value with what I have provided so far - they all show nice performance t date.

Donbon2,  I am sure most members will support me by claiming that you are our most supportive and valuable contributor to our knowledge and "profit" ;) in this forum.

THANK YOU! 🙌

Regards,
HumbleTrader
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: nwboater on November 20, 2018, 11:15:12 PM
yes your right that is the averaging EA not the hedging one.

if anyone is interested in developing these EAs over time - just like we are discussing now - they are all on sale with 50% off - so now would be the time for purchase.

also I got email yesterday argolab have 70% off their EAs as well -- so a pretty good time to make purchases.

I just see the PZ Grid/averaging/hedging eas -- as ones that I can work with that is why I bought them -- many other eas arent flexible and get pretty frustrating.

anyway I will support the thread the best I can and I do feel I have added alot of value with what I have provided so far - they all show nice performance t date.

Donbon2,  I am sure most members will support me by claiming that you are our most supportive and valuable contributor to our knowledge and "profit" ;) in this forum.

THANK YOU! 🙌

Regards,
HumbleTrader

I totally agree!!! donbon2 you are incredible here with you broad experience and desire to share your knowledge and be of so much help.

We are indeed fortunate that you are a member of DonnaForex! :)

Cheers,
Rod
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on November 21, 2018, 12:51:55 AM
cool thanks

I would also say that the PZ guy has noticed that there are more people downloading his free stuff and he it turning many of them to paid now -- so I would suggest to download as many of those as you like.

some suggestions as to what to get

Fractal Channels
Pivot Points
Oscillators
atr channels - keltner
trendlines

those are the ones I have on my charts these days

Alot of the EA ones I tested and couldnt make work are $20-$50 now so not alot lost there -- but the tradepad ea people might find that useful which is still free as well.

anyway it is worth picking through what is left for free - before it all eventually goes to paid.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: dideco on November 21, 2018, 11:36:37 AM
hi donbon2,

can you provide us myfxbook graphs of pz hedgeand averaging eas, please? I don't know how to be informed about gains, profit factor, dd, etc.

thank you.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on November 21, 2018, 12:15:05 PM
since I am providing the set files for free - you can do that yourself.

I have suggested many times to just load these on demo accounts see how they trade and if your happy with them move to a live account.

alternatively you can use TDS to backtest/optimize further if you want.

the only thing to change on the set files is the lot size.

overall you will see that they have been stable for some time -- but that does not mean in the future it will be the exact same.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: Humble Trader's Fx on November 21, 2018, 01:19:20 PM
hi donbon2,

can you provide us myfxbook graphs of pz hedgeand averaging eas, please? I don't know how to be informed about gains, profit factor, dd, etc.

thank you.

Hello, dideco.

Please try to learn the basics:
1) Download the EA's (purchase if you have to.) 2) Build your own myfxbook accounts.

We learn by doing and paying$.  :)

As you can see on my signature widget, I have posted the Hedging EA demo account, that means you only have to do half the work.

Best of luck.

Regards,
HumbleTrader
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: chrisyeap on November 25, 2018, 11:03:49 PM
this is for the Hedge EA - which means higher risk higher reward basically.

the results are based of 1k  0.04 start lot size. .... 15 minute eurusd chart

result and setfile attached

please keep in mind that these are optimized for 2018 - further optimization may be needed in the future -- please load on a demo and see if you like it before you use it live.

the nuts and bolts of this are if you get stopped you lose 300 - should not happen often and entry is by fractal.... to generate 300 if you were to be stopped that is about 5 - 6 weeks of trading in a busy market to get it back.

If you are into higher risk - higher reward then this might interest you .... cheers.

Thank you Donbon for the effort.
Recently, I put this set file into my life account ($1k) on ICMarkets and face stopped out and lost after 5 trades due to Thanks Giving holiday as price ranging spiking both directions multiple times.  I have modified this set  file to 0.01 lot instead with 6 trades instead, back tested on this November month and survived (assuming spread not hit up to 4 pips when market opens) Anyone please verify it if possible.

Regards
Thanks.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: nwboater on November 29, 2018, 12:55:33 AM
no that is the first one in the thread it is 4 hour chart and doesnt trade as much but it makes money .. ie 20% a year if left to its own devices... the EURUSD one is more 100% a year

Hi donbon2,

I just bought the Averaging EA and am going to set it up on a demo. I have some confusion on which set file is which.

The one that makes 20% a year I understand is the gbpjpy 4 hour that you gave in the first post. Correct?

I'm not sure which is the set file though for the EU that makes 100%/year? In reply #18 you said "on the averaging EA - I changed those - it runs Lopez Trend 4 hour on EUR and GBPYEN .. I'm not sure if I posted that one or not - it is same set file for both".

So should the Lopez Trend 4 hour using the GJ set file in the first post make ballpark 20% on GJ and 100% on EU? I just would like to confirm that I am interpreting things correctly.

Thanks so much for all the sharing and help you are doing here. It's really appreciated! :)

Cheers,
Rod
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on November 30, 2018, 06:17:34 AM
sorry for not replying earlier but been out for a few days.

there are multiple set files in the thread some are low risk and some are high risk.

the EURUSD one backtested really well - with only 1 stop out in the last 14 months - but this month it already got stopped so pain in the ass really.

thats why I really suggest to put on demo first for a month make sure the trades match the backtesting and then go live -- if you want to modify it - no problems but please test first to make sure it is working properly.

also you have to be careful I have tried to label the set files for each EA -- but we have hedging and averaging in this thread.

also keep in mind that the higher risk eurusd one makes 10-15% a month if the market cooperates so a stop loss is a month and  a half of work down the drain - but it does target 100% a year.

anyway enough from me - I will take a look next week when I am back next week.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on November 30, 2018, 06:26:56 AM
and you might say work on more set files - but to be honest I will but when I spend 15 hours a day doing it - kind of get burnt out

also you got to keep in mind I am looking for ones where the risk reward makes sense - as the SL is a decent hit when you fund the accounts with just the minimum.

anyway back at it next week cheer for now
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: chownc on December 01, 2018, 09:59:42 PM
Great stuff, Donbon!

I have just bought PZ-Averaging and Hedging. Will give your set files a go in demo and would be happy to work together to refine/develop further.

Cheers
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: nwboater on December 02, 2018, 12:43:03 AM
sorry for not replying earlier but been out for a few days.

there are multiple set files in the thread some are low risk and some are high risk.

the EURUSD one backtested really well - with only 1 stop out in the last 14 months - but this month it already got stopped so pain in the ass really.

thats why I really suggest to put on demo first for a month make sure the trades match the backtesting and then go live -- if you want to modify it - no problems but please test first to make sure it is working properly.

also you have to be careful I have tried to label the set files for each EA -- but we have hedging and averaging in this thread.

also keep in mind that the higher risk eurusd one makes 10-15% a month if the market cooperates so a stop loss is a month and  a half of work down the drain - but it does target 100% a year.

anyway enough from me - I will take a look next week when I am back next week.


Hi donbon2,

Thanks very much for your replies. And of course thanks again for all the efforts you put into this and your sharing.

Several times in the thread you refer to the "Euro One" but I'm still not sure which set file that is. And is it for the Averaging or Hedging EA?

Cheers,
Rod
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: chownc on December 04, 2018, 08:36:53 AM
I am running 5 Donbon2 sets posted on this thread.

Decided to run them on my live account using small lot sizes.   :D

Very early days, but so far so good...  (Iíll create and share a MyFXbook portfolio at some stage)

Day 1 +0.3%
Day 2 +055%

Setup using Donbon2ís set files
Broker: IC Markets
EA charts:-
PZ-Averaging - AUDUSD H1
PZ-Averaging - EURJPY H1
PZ-Averaging - EURUSD M15
PZ-Averaging - GBPJPY H4
PZ-Hedging - GBPUSD M15
PZ-Hedging - EURUSD M15

The PZ-Averaging - EURUSD M15 has performed best so far...
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on December 04, 2018, 08:22:30 PM
I will try to do a summary post so we can be clear what is in the thread.

also I just want to point out one thing --- the accounts are all figured to have 1000 -- but if you get stopped out you have to top the account back up to 1000 -- otherwise you will have margin issues.

every set file if you get stopped it is like 150 to 300 loss -- so just be prepared for that.

probably lastly these set files are all designed not to have very many stops and if one occurs to recover in a reasonable amount of time.

anyway I will be back - I will retest everything and put up the latest numbers-results and which EA they are.

definately please post any changes you want to make or any questions and will do my best to get to them
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on December 04, 2018, 08:28:53 PM
why would you buy these EAs?

1. you control them completely
2. can make individual set files for each currency based on any timeframe
3. they trade differently than your typical TP and SL based EA - where we have seen those really struggle when the market changes - these really just want some market movement
4. you can design them to trade alot or trade a little
5. can make multiple strategies and build a portfolio to offset some of the stops that come along

what is the single worst thing about the EAs

the fact because you average a losing trade or increase lot size looking to catch a move - the stop loss when they come hurts - but there isnt much you can do - except recalibrate your set file or realize its part of the game every EA is going to get stopped out at some point... this just happens in a different way.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: nwboater on December 04, 2018, 08:35:29 PM
Hi donbon2,

Thanks for your further elucidation on these EA's. I will really be looking forward to your upcoming set file clarifications.

I can't thank you enough for all this! :)

Cheers,
Rod
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: nwboater on December 04, 2018, 08:39:34 PM
I am running 5 Donbon2 sets posted on this thread.

Decided to run them on my live account using small lot sizes.   :D

Very early days, but so far so good...  (Iíll create and share a MyFXbook portfolio at some stage)

Day 1 +0.3%
Day 2 +055%

Setup using Donbon2ís set files
Broker: IC Markets
EA charts:-
PZ-Averaging - AUDUSD H1
PZ-Averaging - EURJPY H1
PZ-Averaging - EURUSD M15
PZ-Averaging - GBPJPY H4
PZ-Hedging - GBPUSD M15
PZ-Hedging - EURUSD M15

The PZ-Averaging - EURUSD M15 has performed best so far...

Hi chownc,

Thanks for sharing what you are running here. I certainly wish you luck, but am wondering if having all these on the same account might potentially be a problem if a few should open a bunch of trades at the same time. Hopefully your small lot sizes will avoid that.

Cheers,
Rod
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on December 04, 2018, 09:26:17 PM
Averaging EA

GBPYEN
4 Hour

does not trade as much as the others due to time frame and condition open - but appears to be the safest.

opens trade on a breakout

2018

PF 4.9

Profit 158 DD 32

Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on December 04, 2018, 10:04:10 PM
GBPYEN Hedging EA 15m chart

this is higher risk due to the low zone.

PF 1.14

Profit 603  DD 224
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on December 04, 2018, 11:13:09 PM
Averaging EA 15m

USDYEN trend - choppier as usdyen does not trend all the time - your going to see more stops so it will be more frustrating... Mike Pipmaker says just let the EAs do their thing - and this is one of those .. it is probably safer than the Hedge EA style ones.

PF 1.15

Profit 668 DD 557
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: nwboater on December 05, 2018, 12:47:02 AM
Hi donbon2,

What you are posting is very informative and of course a wonderful help!

Is it safe to assume that these were all started at different times? If so we probably shouldn't compare the profits of each, only the R/R or Profit Factor.

Thanks a lot,
Rod
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on December 05, 2018, 01:08:41 AM
I will add the rest as well

but to be honest I would just run them all together as a portfolio -- or pick and choose

you gotta remember Hedge is riskier but makes more money - Averaging your going to get alot of smaller profits.

it is a different sort of trading really cant compare to volatility factor - these are more for someone with the mindset of mike pipmaker - I'm just going to check my account at end of each month and add funds if needed or withdraw funds -- you just can't mess with the trades if they get stopped out they get stopped out.

also remember every test is done with 2 pip spread -- so if you got ECN and get 1 pip or less then your ahead of the game.

you go look at so many EAs - they have struggled big time -- these might not be pretty EAs but they will do the job if you use these sets or make some of your own.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on December 05, 2018, 09:33:26 AM
eur 15m  Hedge EA

most risky of the EA set but the greatest returns as well

you absolutely have to have 1000 in the account at all times - so you must add if you hit a SL

I would also say that I would disable this 1 week before xmas and restart like second week of January -- this requires movement.

PF 1.09

profit 1174  dd 525




Title: Re: PZ Averaging EA Set Files/Discussion
Post by: chownc on December 06, 2018, 09:29:55 AM
Day 1 +0.3%
Day 2 +0.55%
Day 3 -0.1%
Day 4 +0.6%
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: nwboater on December 06, 2018, 04:12:14 PM
if you ran the eur one u should have made profit today

Right on, DonBon2, 14.35$/1000$!
If only it wasn't a demo account  :D

Regards,
HumbleTrader

I tried using two EUR/USD charts, one on aggressive and the other recommended (balanced) risk: For some reason, although I had used different magic numbers, the two instances were interfering with each other causing a massive number of canceled orders. I have since emailed the developer/vendor, to note to him of a possible bug in the code.

I have therefore set up an entirely new demo account which I will post the widget to it as soon as the market opens. Too bad, it was a nice first winning trade which set us off to a good start.  :'(

Regards,
HumbleTrader

I received the following response from the developer:

"Thanks for your message. Indeed but Hedging EA uses a magic number of ZERO to identify the first trade from the recovery trades, which have a magic number different. So with each initial trade placed, each instance of the EA starts its own recovery process and tries to delete the orders of the other instance of the EA. Please never, ever, load the EA twice on the same symbol."

What this means is that the magic number is hardwired so that even if you change the magic number, it will be confused by the EA and go into a spin. The only way about testing this EA on multiple, instances is to set up a separate account for each instance using the same pair ie: EUR/USD: You learn something every day. ;)

Overall, the Hedge EA is performing well and we need to thank Donbon2 for introducing it to us and the hard work he has put into working out the *.set file for us.  :)

Regards,
HumbleTrader

I am wondering if this is also a problem with the Averaging EA? It seems with the Hedging EA that only one instance of a pair can be used per account. This would negate using say two different EU strategies on the same account.

Thanks,
Rod
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on December 06, 2018, 11:20:49 PM
yes rod your right

you will have to use different accounts

EURUSD 1  EURUSD 2 EURUSD 3

but can add other currency pairs to each

thats what I would suggest building a portfolio per account

I will try to finalize the other tests soon - but I have been real busy
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: chownc on December 07, 2018, 09:06:13 PM
Hi Rod,

You are correct. You canít use Averaging and Heding on the same symbol in the same account. I logged a support ticket with the developer as my account went crazy when I had both EAs running on EURUSD.  The response was not to do it and to use separate accounts.

Cheers, Chris
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: nwboater on December 07, 2018, 09:39:45 PM
Hi donbon2 & chownc,

Thanks for confirming that only one instance of a pair can be run per account.

Have a good weekend! :)

Cheers,
Rod
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on December 13, 2018, 12:31:21 AM
averaging 15m

eurusd

this is like a trend trigger - so when eurusd moves it will collect alot of pips when sideways will hit a few stops

again it is hard to compare these eas to your normal eas - as it is a different style of trading.

these are just my settings - you can test yourself and make changes if you think it works better.

1.08

678/809
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 03, 2019, 02:58:00 AM
I have been working hard on better sets etc more on those at a later date as bit busy with the markets right now

but 2 things

1. if you want any PZ product its 50% off right now

and

2.

this is free

https://www.pointzero-trading.com/Products/view/PZFractalChannel

it is very good for trading volatility - albeit that it is manual trading and not automated.

(even if you dont use it right away - download it now while it is still free - as if you ever trade manually in the future it will be a great help to you)

lets make some money this year and forget all the crap eas
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 03, 2019, 03:02:54 AM
also if you want to use a more trading style ma cross ea  you can try this one

https://www.pointzero-trading.com/Products/view/PZMACrossoverEA

use attached set file I made for it   eurusd 15m
 
(grab it while it is still free as well)

basically it has 50pt sl 200 pt take profit - with trailing and breakeven functions - trades both directions

test it for yourself on demo first is my advice
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 03, 2019, 03:06:14 AM
another good one that is free for news on your chart

http://www.forex21.com/fx-pulse/

you can read more about it there

(as you can tell - I mix and match alot of places LOL - anyway I am just looking for the best setup - information I can get -- and I know that most people always prefer free which makes sense so do I :) )
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 11, 2019, 11:41:35 PM
so I wanted to point something out in case it was not obvious

averaging EA -- the thing with this one is I tend to use the trend to open a position but if the trend changes you get stuck averaging against the trend -- most of the time this works out but you need to be aware that this can happen and if you make the box too wide - you end of with a crappy loss

hedging ea -- we saw in dec that when the market shrinks its ranges this one no matter what you do gets stuck and bombs out -- the key to it - is only using breakout for the entry - so you only open a trade when there is enough volatility to exit as planned or enter recovery without a SL

I will work on this continually till I find a stable combination .. right now I am working on the MA one - as I think people want to be long in rising markets and short in falling markets -- and not betting against them all the time .. of course markets don't always trend so will try to find something as stable as possible to run a few pairs with.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 13, 2019, 11:00:56 PM
ok if you want to use the averaging one this is my suggestion :

use 4 hour chart

Day Trading Indicator

2 blocks of 3 trades -- 2 for multiplier

for EURUSD

expectancy is 47 pips
max profit 105
max move against 58 pips

so you can work your spacing out ---- so this will actually have a stop of like 85 points instead of trying to average for 400 points in some cases

another one

usdyen
51 pips
104 pips
53 pips

euryen
60 pips
131 pips
71 pips

euraud
43
128
85

nzdcad
32
91
59

anyway play around with those and see what you come up with.

Again the reason for going this way -- profit defined risk defined and those parameters show 88-92% accuracy
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 15, 2019, 06:10:51 AM
I have busted my butt off trying to find the best combination for members here at little to no cost -- I also picked up another licence of TDS so I could run on 2 pcs at same time - as this does take quite a lot of effort.

looking through it I can make the breakout EAs make money but the profit is low as they just take too many SL when the market goes quiet -- they are better turned off when nothing is happening which is not what people are looking for.

on the scalper side it is a real issue because the many profits get wiped out in a couple of bad trades - so it is alot of effort for those really bad days.

what however I have found is the easiest to make work and provide the best profits are the MA crossover one - where it can trail the SL and lock in profits from short and long positions -- as well as being on the right side of the market more often especially in big movements    .... so I would really suggest you download that one while it remains free and when I finish with some set files I will post some
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: nwboater on January 15, 2019, 11:54:37 PM
also if you want to use a more trading style ma cross ea  you can try this one

https://www.pointzero-trading.com/Products/view/PZMACrossoverEA

use attached set file I made for it   eurusd 15m
 
(grab it while it is still free as well)

basically it has 50pt sl 200 pt take profit - with trailing and breakeven functions - trades both directions

test it for yourself on demo first is my advice

Hi donbon2,

I just setup the PZ MA Cross EA with your set file on a 1k demo and have a couple of questions:

1. Is the 1k fixed lot size intended for a 1k account or is it to be determined by the user?

2. I see that it's set up to be a Martingale with multiplier of 2.0. Is your intention to run it that way?

I can't thank you enough for all the sharing you do here. I know that you put a great deal of time into this and have expertise probably way above most of us here. We are indeed fortunate!  :)

Cheers,
Rod
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: Humble Trader's Fx on January 15, 2019, 11:58:16 PM
also if you want to use a more trading style ma cross ea  you can try this one

https://www.pointzero-trading.com/Products/view/PZMACrossoverEA

use attached set file I made for it   eurusd 15m
 
(grab it while it is still free as well)

basically it has 50pt sl 200 pt take profit - with trailing and breakeven functions - trades both directions

test it for yourself on demo first is my advice

Hi donbon2,

I just setup the PZ MA Cross EA with your set file on a 1k demo and have a couple of questions:

1. Is the 1k fixed lot size intended for a 1k account or is it to be determined by the user?

2. I see that it's set up to be a Martingale with multiplier of 2.0. Is your intention to run it that way?

I can't thank you enough for all the sharing you do here. I know that you put a great deal of time into this and have expertise probably way above most of us here. We are indeed fortunate!  :)

Cheers,
Rod

Hands down, an honorable member.

 Thank you Donbon2!  :)


Regards,
HumbleTrader


Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 16, 2019, 01:14:33 AM
also if you want to use a more trading style ma cross ea  you can try this one

https://www.pointzero-trading.com/Products/view/PZMACrossoverEA

use attached set file I made for it   eurusd 15m
 
(grab it while it is still free as well)

basically it has 50pt sl 200 pt take profit - with trailing and breakeven functions - trades both directions

test it for yourself on demo first is my advice

Hi donbon2,

I just setup the PZ MA Cross EA with your set file on a 1k demo and have a couple of questions:

1. Is the 1k fixed lot size intended for a 1k account or is it to be determined by the user?

2. I see that it's set up to be a Martingale with multiplier of 2.0. Is your intention to run it that way?

I can't thank you enough for all the sharing you do here. I know that you put a great deal of time into this and have expertise probably way above most of us here. We are indeed fortunate!  :)

Cheers,
Rod


no the 2 - is for 2% risk - you should adjust that as needed -- that is under position management

so for example I am running at 1% -- default in there though is 2% as I typically test 1k with 2% --- but whatever your comfortable with really -- and yes put on a demo for a few months and see how it trades and if you like it or not.

there is no martingale in this one at all -- all based off moving averages = and I think what we are going to see over time that this sort of approach will be the way forward in EAs -- where the EA trades back and forward but then goes with the move -- mean reversion is fine no doubt -- but it is so hard to avoid the big losses.


averaging and hedging - I have been using back and forward -- but have yet to find a set file where I go - ok I am done with this - this is perfect -- those are a work in progress.

(as mentioned for newer people - I would definately download the MA crossover one while it is free -- it just gives you more things that your looking for as a trader .... as always with something free - please load onto a demo first just to see that you are setting it up right - you see how it trades - and whether it makes money or not)
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 16, 2019, 01:20:55 AM
and I just want to say - I try my best with these set files -- but nothing is perfect yet - I am still evolving them as I find flaws and better alternatives

when I find the perfect set file for an EA and pair -- it will be labeled "FINAL"

we have not reached that stage with any of these as yet.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: nwboater on January 16, 2019, 02:34:58 PM
also if you want to use a more trading style ma cross ea  you can try this one

https://www.pointzero-trading.com/Products/view/PZMACrossoverEA

use attached set file I made for it   eurusd 15m
 
(grab it while it is still free as well)

basically it has 50pt sl 200 pt take profit - with trailing and breakeven functions - trades both directions

test it for yourself on demo first is my advice

Hi donbon2,

I just setup the PZ MA Cross EA with your set file on a 1k demo and have a couple of questions:

1. Is the 1k fixed lot size intended for a 1k account or is it to be determined by the user?

2. I see that it's set up to be a Martingale with multiplier of 2.0. Is your intention to run it that way?

I can't thank you enough for all the sharing you do here. I know that you put a great deal of time into this and have expertise probably way above most of us here. We are indeed fortunate!  :)

Cheers,
Rod


no the 2 - is for 2% risk - you should adjust that as needed -- that is under position management

so for example I am running at 1% -- default in there though is 2% as I typically test 1k with 2% --- but whatever your comfortable with really -- and yes put on a demo for a few months and see how it trades and if you like it or not.

there is no martingale in this one at all -- all based off moving averages = and I think what we are going to see over time that this sort of approach will be the way forward in EAs -- where the EA trades back and forward but then goes with the move -- mean reversion is fine no doubt -- but it is so hard to avoid the big losses.


averaging and hedging - I have been using back and forward -- but have yet to find a set file where I go - ok I am done with this - this is perfect -- those are a work in progress.

(as mentioned for newer people - I would definately download the MA crossover one while it is free -- it just gives you more things that your looking for as a trader .... as always with something free - please load onto a demo first just to see that you are setting it up right - you see how it trades - and whether it makes money or not)

Hi donbon2,

Thanks very much for your response. I do see the risk setting and it is at 2.0. But also under Money Management is a setting for Manual Lotsize For Each Trade which is at 0.1 and a setting for Martingale Lot Size Multiplier with is at 2.0. Please see screenshot of Settings:  https://gyazo.com/1164db0d4bb17fd73c09725b4bc7979d

Also on the EA description the vendor says "Implements a martingale and inverse martingale features"

Thanks Again,
Rod

Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 16, 2019, 06:10:45 PM
it is an option but it is not selected --

auto lot size
manual lot size
or martingale

I used auto lot size to calculate size based on 2% -- but it can be changed
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: nwboater on January 16, 2019, 07:33:56 PM
it is an option but it is not selected --

auto lot size
manual lot size
or martingale

I used auto lot size to calculate size based on 2% -- but it can be changed

Thanks very much donbon2.

Cheers,
Rod
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 16, 2019, 09:35:03 PM
you might say to yourself why should I be interested in an MA crossover style EA

1. safety -- this strategy is not going to bet against the market - if the market is up 400 points you are not short at the low - chances are you made money

2. it can trade both sides of the market and utilize breakeven and trailing features.

3. no martingale or other strategy

4. we have tried so many other EAs on this forum with mixed results -- some have good patches some have blown up -- we need something in the middle and I think this one delivers.


I am attaching TDS for the setfile attached as well

EURUSD 30m chart

5k balance 2 risk    Profit Factor 3.69

profit 1180 DD 138

12 months  60 trades

shorts won 93% long won 90%

I believe that this is a good strategy that can make you money - for no cost to yourselves.

If you have time set up a demo and run it for a month or two and see what you think .. it tests well so lets see how it goes in demo or small live environment.

(and yes as you can tell you really don't need 5k to run it -- you can adjust according to account balance and risk)

Title: Re: PZ Averaging EA Set Files/Discussion
Post by: nwboater on January 16, 2019, 11:24:16 PM
you might say to yourself why should I be interested in an MA crossover style EA

1. safety -- this strategy is not going to bet against the market - if the market is up 400 points you are not short at the low - chances are you made money

2. it can trade both sides of the market and utilize breakeven and trailing features.

3. no martingale or other strategy

4. we have tried so many other EAs on this forum with mixed results -- some have good patches some have blown up -- we need something in the middle and I think this one delivers.


I am attaching TDS for the setfile attached as well

EURUSD 30m chart

5k balance 2 risk    Profit Factor 3.69

profit 1180 DD 138

12 months  60 trades

shorts won 93% long won 90%

I believe that this is a good strategy that can make you money - for no cost to yourselves.

If you have time set up a demo and run it for a month or two and see what you think .. it tests well so lets see how it goes in demo or small live environment.

(and yes as you can tell you really don't need 5k to run it -- you can adjust according to account balance and risk)

Hi donbon2,

Wow, this one looks really good! I'd like to confirm though that it uses the MA Crossover EA and not the PZ Averaging EA.

Thanks again very much!

Cheers,
Rod
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 17, 2019, 12:45:09 AM
that is right the one above is for MA Crossover which is currently free - but I am sure the guy will make it paid shortly just like he did with the others.

I feel like the above set file delivers what people want -- it is now time to put it on demo and for me live accounts .. the only thing people may not like is it doesn't trade all the time - but I cant really help that.

In my signature I have 4 MA Crossover Set Files 1 ichimoku and 1 stochs so it maybe easier for people to see what I have been working on.

Averaging and Hedge I will deliver FINAL set file for at some point - but I am still working on it.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: nwboater on January 17, 2019, 12:54:54 AM
that is right the one above is for MA Crossover which is currently free - but I am sure the guy will make it paid shortly just like he did with the others.

I feel like the above set file delivers what people want -- it is now time to put it on demo and for me live accounts .. the only thing people may not like is it doesn't trade all the time - but I cant really help that.

In my signature I have 4 MA Crossover Set Files 1 ichimoku and 1 stochs so it maybe easier for people to see what I have been working on.

Averaging and Hedge I will deliver FINAL set file for at some point - but I am still working on it.

Hi donbon2,

Thanks for the very prompt and helpful answer. I will soon set this up on a demo account.

If it delivers anywhere near what your BT's show it certainly is what this guy wants! And I don't see the low trading frequency as a detriment - in fact just the opposite. The less market exposure the better for me, and especially with the performance this one appears to deliver.

Cheers,
Rod

Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 17, 2019, 01:01:12 AM
the one thing too is this is a sort of EA that wont get caught up in a flash crash - as it won't be holding opposite positions to the direction the market is moving .. so I think that is a big safety thing as well compared to scalpers / asian scalpers or marti-grid systems.

I added the other set files to the sig account just to make sure it was more active than it would otherwise be ... anyway lets see how it goes -- have a nice day :)
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: Humble Trader's Fx on January 17, 2019, 03:19:08 AM
the one thing too is this is a sort of EA that wont get caught up in a flash crash - as it won't be holding opposite positions to the direction the market is moving .. so I think that is a big safety thing as well compared to scalpers / asian scalpers or marti-grid systems.

I added the other set files to the sig account just to make sure it was more active than it would otherwise be ... anyway lets see how it goes -- have a nice day :)

Curious, Donbon2 but with the  MA Crossover EA, I don't see any indicator lines appearing on the 30M EURUSD chart,  other than the smilie on the usual upper hight hand side, is this the way it is set up to work?

Regards,
HumbleTrader
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 17, 2019, 03:29:13 AM
yes that is correct ..... it is the only one of his eas that do that without all the extra info.

so yes just the smiley face.

the one trade in my sig so far was usdcad - but that has a different set file
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: diyforexskills on January 17, 2019, 07:01:08 AM
you might say to yourself why should I be interested in an MA crossover style EA

1. safety -- this strategy is not going to bet against the market - if the market is up 400 points you are not short at the low - chances are you made money

2. it can trade both sides of the market and utilize breakeven and trailing features.

3. no martingale or other strategy

4. we have tried so many other EAs on this forum with mixed results -- some have good patches some have blown up -- we need something in the middle and I think this one delivers.


I am attaching TDS for the setfile attached as well

EURUSD 30m chart

5k balance 2 risk    Profit Factor 3.69

profit 1180 DD 138

12 months  60 trades

shorts won 93% long won 90%

I believe that this is a good strategy that can make you money - for no cost to yourselves.

If you have time set up a demo and run it for a month or two and see what you think .. it tests well so lets see how it goes in demo or small live environment.

(and yes as you can tell you really don't need 5k to run it -- you can adjust according to account balance and risk)

In relation to my comment on the BB set file thread, owners of the FXAE BB EA or the full FXAE can do these crossover strategies with ease on the Autotrader. The only slight difference is the nature of the TS. PZ uses a % based TS; FXAE uses pip or ATR-based TS.

For anyone interested, the FXAE BB or FXAE full version of this donbon2 strategy  for the PZ MA crossover EA is replicated on the attached set file. So if you can't get the free PZ crossover EA but have the FXAE, you can run this MA crossover strategy; and maybe improve on it by making use of  some of the extra features. eg adding a higher TF MA crossover as well; and/or moving to ATR-based TP, SL and TS.

And of course the Controller system would ensure that it only trades on live while profitable.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 17, 2019, 09:25:53 AM
yes we are really picking up our game now as I spend more time on them - so the controller is obviously a way to keep all these things under control.

the set files all have really strong PF - so I will let it go as is - and then after we see some results figure out the improvements via controller or otherwise

anyway I strongly suggest picking it up while it is free - as I get the feeling once a few people start downloading it - he makes it paid as well.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: Archer Asset Management on January 17, 2019, 09:51:43 AM
Hi donbon2, have you tried his grid trading EA? like Gold, Pound, Euro Grid? Will they blow your account?
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 17, 2019, 10:01:26 AM
I own grid trading and have used it but not the specific ones he sells.

my impression is this -- right now with the market volatile and flash crashes around I would not use grids until the UK stuff is resolved

when the market quietens down then I would use it -- in the meantime the MA one I believe is safer and more profitable.

when it goes on sale again for 50% off then I would pick it up   grid/averaging/hedge they all have their uses.

I hope this answers your question
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: Archer Asset Management on January 17, 2019, 10:21:51 AM
I own grid trading and have used it but not the specific ones he sells.

my impression is this -- right now with the market volatile and flash crashes around I would not use grids until the UK stuff is resolved

when the market quietens down then I would use it -- in the meantime the MA one I believe is safer and more profitable.

when it goes on sale again for 50% off then I would pick it up   grid/averaging/hedge they all have their uses.

I hope this answers your question

 ;D :)
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: Archer Asset Management on January 17, 2019, 11:11:57 AM
that is right the one above is for MA Crossover which is currently free - but I am sure the guy will make it paid shortly just like he did with the others.

I feel like the above set file delivers what people want -- it is now time to put it on demo and for me live accounts .. the only thing people may not like is it doesn't trade all the time - but I cant really help that.

In my signature I have 4 MA Crossover Set Files 1 ichimoku and 1 stochs so it maybe easier for people to see what I have been working on.

Averaging and Hedge I will deliver FINAL set file for at some point - but I am still working on it.

hi donbon2, can you share what is the difference in the ma crossover vs ichi vs stochs ea? does it make sense to run ma, ichi and stochs ea on eurusd? why not just stick to optimizing one ea for all pairs?
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 17, 2019, 11:19:53 AM
the set file I posted is the best one for ma crossover

I am running these other ones because there will be more trading activity - otherwise the other one is only going to do 5 trades a month - which will bore most people

so I would prefer to try to build a bigger portfolio and see how it goes.

the other 2 EAs kind of offset what the MA does and add some more equity -- anyway lets see how it goes before we get into the other things for now.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: FLechdrop on January 17, 2019, 01:36:16 PM
Hello donbon2, thanks for sharing this. I have tested the PZ MA Crossover set file for 30M EURUSD. It does very well over the last year, as in your test, but over the last ten years it does not so well (no catastrophe, it goes up and down a bit and does not make much in the end).  I guess you would have to adapt the settings to changing circumstances regularly. Now if THAT could be coded in (using ATR or some such), it would be great.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 17, 2019, 08:56:58 PM
exactly - this is made to work now - in the future when the market changes the MA settings will need to be different.

obviously since I dont own the EA I can't add in the necessary code to tell it when to change - but I can do it myself as needed.

I have said this before - commercial EAs are sold with 10 years backtest and then when you put on your account they go into DD straight away because the strategy is not ready for conditions today --- this one as I said is ready to go right now in current market conditions.

what are those conditions -- it is trend following at its core -- we want to see nice moves of 200 up 200 down -- when the market ranges reduce to 30 40 50 pips a day as we know will happen then changes will need to be made.

EURUSD people are forecasting moves to 1.20 1.25 so at this point it is best to stick with what is in the set file because it is going to make money with markets trading like that.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 17, 2019, 08:59:00 PM
on the demo account - we had a few trailing stops trigger in the MA ones in cad and aud -- ichimoku got stopped in eur - you can see why the range is just too small today in eurusd to deliver any money.

I think it is interesting - so yeah any questions post them and I will try to answer/update
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: nwboater on January 17, 2019, 09:20:38 PM
Hi donbon2,

To avoid confusion it would be very helpful if you, Donna, or a Moderator would make a new thread for the PZ MA Crossover EA posts since they are actually separate EA's. The appropriate posts in this thread could then be moved there by Donna or a Moderator.

Besides avoiding confusion it would also facilitate finding information on one or the other in the future.

Thanks for considering this, and of course for your ongoing commitment to helping us here so much!

Cheers,
Rod
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 21, 2019, 11:37:12 PM
he added divergences in the new hedging EA update - I like this better than some of the others

the issue will be that divergences may take 100 pips before reversal so I am testing optimal settings for it now -- but that makes the zone wider -- DD higher and ties up capital

it will help with the crappy ranges though which maybe a trade off.

the set file I posted before works great when the market is moving - but that 30-40 range for 4-5 days is its achilles heel.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: Humble Trader's Fx on January 22, 2019, 01:53:08 AM
he added divergences in the new hedging EA update - I like this better than some of the others

the issue will be that divergences may take 100 pips before reversal so I am testing optimal settings for it now -- but that makes the zone wider -- DD higher and ties up capital

it will help with the crappy ranges though which maybe a trade off.

the set file I posted before works great when the market is moving - but that 30-40 range for 4-5 days is its achilles heel.


Should you come up with something more appropriate for the hedge Ea, pass it on so I can update the existing chart.

Regards,
HumbleTrader
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 22, 2019, 04:16:23 AM
I will do 1 for averaging and 1 for hedge

even though the other one tested great - it had that weakness -- I want to make something that doesn't have that this time -- it will take me a bit of time  -- back on these later.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: reinerh on January 22, 2019, 07:02:31 PM
I will do 1 for averaging and 1 for hedge

even though the other one tested great - it had that weakness -- I want to make something that doesn't have that this time -- it will take me a bit of time  -- back on these later.

don,

i did bt on your eu m30 and it was damm good 2018, but bombed before.

that being said i now think that your approach has some validity = forget about long term bt. that of course one can argue the pros and cons till the cows come home.

but the key to me has always been knowing when to stop a particular strategy, but this is also a very very difficult one.
it boils down to the statistics and nitty gritty to decide on that.
like the one below is fairly simple, it never had 2 consecutive sl, and once it does running forward i will decide what to do. and the 2 full sl in a row wont hurt much since the sl values are so tight.

last year i had 2 of my best strategies fail, but have since reworked my manual approach into several individual strategies, all total over 8 so far and counting and all making green. all have very small sl values and if one drops of i will replace it with another better one.

will run 3 of the best forward starting next week, and then delete and replace as i see fit.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 22, 2019, 09:58:01 PM
honestly people can post backtests under the sun for 50 years it is meaningless to me these days.

I want an EA that can make money today - not put me in 15% DD and take 6 months to get out.

for me once I see the market change I can optimize again and change the set file on the spot -- and keep making money -- the only thing with ma crossover is ultimately it is better in a trending market or a market trading 80+ points a day where the trailing SL and TP can do their jobs.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: nwboater on January 22, 2019, 10:44:48 PM
honestly people can post backtests under the sun for 50 years it is meaningless to me these days.

I want an EA that can make money today - not put me in 15% DD and take 6 months to get out.

for me once I see the market change I can optimize again and change the set file on the spot -- and keep making money -- the only thing with ma crossover is ultimately it is better in a trending market or a market trading 80+ points a day where the trailing SL and TP can do their jobs.

I totally agree with you on the futility of backtests predicting the future! Also of course agree with you on wanting to make money today! :)

You have way more skills than I do in seeing market changes and determining what to do about it. I suspect I'm not alone in that either.

As Reiner pointed out there's a great difficulty in knowing when a strategy has stopped working. Are we just in DD, or is it time to quit. Very difficult for most of us to know.

It would be wonderful if you and DIYForexSkills can collaborate on developing systems/EA's that can sense these issues and self correct. Maybe I'm dreaming - but I can hope! :)

Cheers,
Rod
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: Humble Trader's Fx on January 22, 2019, 10:53:51 PM
honestly people can post backtests under the sun for 50 years it is meaningless to me these days.

I want an EA that can make money today - not put me in 15% DD and take 6 months to get out.

for me once I see the market change I can optimize again and change the set file on the spot -- and keep making money -- the only thing with ma crossover is ultimately it is better in a trending market or a market trading 80+ points a day where the trailing SL and TP can do their jobs.

I totally agree with you on the futility of backtests predicting the future! Also of course agree with you on wanting to make money today! :)

You have way more skills than I do in seeing market changes and determining what to do about it. I suspect I'm not alone in that either.

As Reiner pointed out there's a great difficulty in knowing when a strategy has stopped working. Are we just in DD, or is it time to quit. Very difficult for most of us to know.

It would be wonderful if you and DIYForexSkills can collaborate on developing systems/EA's that can sense these issues and self correct. Maybe I'm dreaming - but I can hope! :)

Cheers,
Rod

 I would say that they (Donbon2 and DIYForexSkills), share the same passion for analysis and they make an excellent team given their extensive market analysis skills compounded by DIYForexSkills skills in the technical (programming) area.

I would think that this is a "marriage made in forex heaven" and I would gladly attend the birth of a new and wonderful EA.  ;)

Regards,
HumbleTrader
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: diyforexskills on January 23, 2019, 04:03:58 AM
honestly people can post backtests under the sun for 50 years it is meaningless to me these days.

I want an EA that can make money today - not put me in 15% DD and take 6 months to get out.

for me once I see the market change I can optimize again and change the set file on the spot -- and keep making money -- the only thing with ma crossover is ultimately it is better in a trending market or a market trading 80+ points a day where the trailing SL and TP can do their jobs.

My two pennies worth on this; from someone who does not like backtesting.

We know the market dynamics are constantly changing; in terms of volatility (as measured by ATR), periodicity (as measured by MA crosses) and strength (as measured for eg by RSI). And we know that we can program/optimise an EA so that it will perform well under one or a few combinations of those dynamics. But those dynamics evolve gradually so that it becomes difficult to know when a favourable one ends and at what point in time we will have enough data going back to be able to optimise for the new dynamics.

That has brought me to the following conclusions.

1. Run EAs that you like, continuously on a large demo account so that over the years you can see how long profitable periods tend to last and whether or not the EA goes into a terminal DD or just oscillates over the years. And analyse to see if there are any technical indications that you could monitor to help make judgments about when and when not to run the EA on live,

2. 10 yr BTs are useful because you can then see how the EA responds to changing market dynamics and you can use that data to prepare different optimisations for possible future use. After all, what has been will come back. And as Chris (EZE) used to say, if an EA can handle 10 yrs of changing market dynamics, then the likelihood of it handling future changes will be greater that an EA that has only been profitable over a far shorter period.

For me, both approaches can be made to work. Develop very stable/adaptive strategies (not easy); or develop short-term profitable strategies and find a way to know when to start them and when to stop them for something new. But often to develop something new you need at least one year's back data. And that can't be just the previous year since that has been the year that your current strategy was working well. So you then you need to find some hopefully comparable data - and that may have to come from several years previously.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 23, 2019, 07:31:26 AM
as stated above it is more difficult than it appears .. as mentioned you really got to analyze everything closely to know when to alter the settings .. anyway I can do that manually for now .. I would like to see eurusd move more - because it is hurting the ichimoku settings at the moment
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 23, 2019, 07:57:19 AM
looking at the longer term daily atr

it went from 500 to 30 to 300 to 33 to 350 to 30 with lots of waves in between

it is no wonder that anything trading EURUSD has good times and bad times .. really I just want to sit back and give it more thought - and also the market to trade more - so we can see the current settings working.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 25, 2019, 12:06:23 AM
here is the updated TDS for the set file for EUR 15m hedge EA

basically I built the set file - no stops at all

then the first one was at thanksgiving -- then back to normal -- then over XMAS time 3 stops together.

basically if you turn it off over those holidays all is good and back to normal -- so despite all that it made 100%

this is higher risk higher return with couple of those holiday tweaks works ok ... would suggest funding it with 1250 though instead of 1000 just leave a one SL buffer.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: Humble Trader's Fx on January 25, 2019, 01:57:03 AM
here is the updated TDS for the set file for EUR 15m hedge EA

basically I built the set file - no stops at all

then the first one was at thanksgiving -- then back to normal -- then over XMAS time 3 stops together.

basically if you turn it off over those holidays all is good and back to normal -- so despite all that it made 100%

this is higher risk higher return with couple of those holiday tweaks works ok ... would suggest funding it with 1250 though instead of 1000 just leave a one SL buffer.

This is the same .set file that is currently running, as you had previously posted. It's a 1k demo account but since I am running it along with BS, I'll keep it as is for now and see where it leads. :)

Thank you.

Regards,
HumbleTrader
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 25, 2019, 09:46:11 PM
I looked at the product vr smart grid in marketplace to compare it to the pz grid

vr smart grid has more features - one good one is that when you add it will trail the last position sl and remove an unprofitable trade so work out of DD

the bad thing was that all the set files they provided all blew up - where I made set files for PZ grid where they wouldn't blow up -- by using the feature to only add 2 trades a day - and to close grid at one spacing unit profit -- these features allowed the grid to not build too quickly and one some spikes allow the whole grid to close ... where on the other one that was its weakness that it kept adding regardless and had no quick close option.

I think grid trading has its place actually because it is robotic - has no emotion - and if you can identify a range for the market -- it is probably better to just let the grid trade it.

anyway I consider this research for the future .. foot is killing me so catch you guys monday.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on January 28, 2019, 11:23:14 PM
I know it looks like I have been solely working on MA Crossover - but with 2 copies of TDS now I am running on 2 PCs - so I have been working on both the averaging and hedge versions.

for right now I would suggest using the Hedge EA with the EUR set file .. that is the best one I have for right now - but it is high risk

averaging well I wanted to make use of the addition of the divergence module which should be something that works well with averaging - but the issue is there is always a rogue trade that just kills the performance ... especially since if you just went with the move you would be way better off ..... I really have not found an ideal setting yet that I am comfortable with -- so I will keep at it --- the answer will be in the fact that one specific currency pair will work while the others wont so I will just have to find that.

once I find a good one for both then I will move onto the grid one -- that is the plan.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: energetic on March 14, 2019, 03:24:33 PM
hi, donbon2, are you still running these ea?
Any setting update?

I know it looks like I have been solely working on MA Crossover - but with 2 copies of TDS now I am running on 2 PCs - so I have been working on both the averaging and hedge versions.

for right now I would suggest using the Hedge EA with the EUR set file .. that is the best one I have for right now - but it is high risk

averaging well I wanted to make use of the addition of the divergence module which should be something that works well with averaging - but the issue is there is always a rogue trade that just kills the performance ... especially since if you just went with the move you would be way better off ..... I really have not found an ideal setting yet that I am comfortable with -- so I will keep at it --- the answer will be in the fact that one specific currency pair will work while the others wont so I will just have to find that.

once I find a good one for both then I will move onto the grid one -- that is the plan.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on March 14, 2019, 11:26:09 PM
I released set files that were optimized for the last 18 months - I can rerun them and post results.

All my time has been taken up with MA Crossover -- we started off with some and have advanced them and now performance is very good - hopefully once the older ones get overtaken on my widget - it will start to show its true results.

as far as updating more set files - yup I will do it - but it wont be in the next month -- I want to finish the autotrader version of MA crossover and an EALab version.

anyway let me update the data in TDS and then I will check the results and post for you.
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: donbon2 on March 15, 2019, 12:09:07 AM
GBPYEN averaging 4 hour

you can really run this on a $300 account -- if your just starting in EAs this is a good one to run.

because the entry is based on a breakout - it does not trade alot but it just makes money

want to trade bigger just change the lot size
Title: Re: PZ Averaging EA Set Files/Discussion
Post by: energetic on March 15, 2019, 02:44:14 PM
hi, donbon2,
Thanks for your rapid respond.

GBPYEN averaging 4 hour

you can really run this on a $300 account -- if your just starting in EAs this is a good one to run.

because the entry is based on a breakout - it does not trade alot but it just makes money

want to trade bigger just change the lot size