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Author Topic: PZ Averaging EA Set Files/Discussion  (Read 16398 times)

Offline donbon2

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Re: PZ Averaging EA Set Files/Discussion
« Reply #15 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.
Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
EA Lab MA Crossover

News - Thomson Reuters Eikon
Trade Manager - Visual Trading Console for MT4
Trading Rebates - through CashBackFX
Trade Notification EA - TradeTalk from FX Blue - free
VPS - I recommend Amazon EC2 - if you qualify for a Broker Sponsored one get CNS
PZ Support/Resistance Indicator / Day Trading Indicator


Offline donbon2

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Re: PZ Averaging EA Set Files/Discussion
« Reply #16 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))
« Last Edit: August 18, 2018, 10:20:55 PM by donbon2 »
Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
EA Lab MA Crossover

News - Thomson Reuters Eikon
Trade Manager - Visual Trading Console for MT4
Trading Rebates - through CashBackFX
Trade Notification EA - TradeTalk from FX Blue - free
VPS - I recommend Amazon EC2 - if you qualify for a Broker Sponsored one get CNS
PZ Support/Resistance Indicator / Day Trading Indicator


Offline donbon2

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Re: PZ Averaging EA Set Files/Discussion
« Reply #17 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.

Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
EA Lab MA Crossover

News - Thomson Reuters Eikon
Trade Manager - Visual Trading Console for MT4
Trading Rebates - through CashBackFX
Trade Notification EA - TradeTalk from FX Blue - free
VPS - I recommend Amazon EC2 - if you qualify for a Broker Sponsored one get CNS
PZ Support/Resistance Indicator / Day Trading Indicator


Offline donbon2

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Re: PZ Averaging EA Set Files/Discussion
« Reply #18 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.
Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
EA Lab MA Crossover

News - Thomson Reuters Eikon
Trade Manager - Visual Trading Console for MT4
Trading Rebates - through CashBackFX
Trade Notification EA - TradeTalk from FX Blue - free
VPS - I recommend Amazon EC2 - if you qualify for a Broker Sponsored one get CNS
PZ Support/Resistance Indicator / Day Trading Indicator


Offline donbon2

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Re: PZ Averaging EA Set Files/Discussion
« Reply #19 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
Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
EA Lab MA Crossover

News - Thomson Reuters Eikon
Trade Manager - Visual Trading Console for MT4
Trading Rebates - through CashBackFX
Trade Notification EA - TradeTalk from FX Blue - free
VPS - I recommend Amazon EC2 - if you qualify for a Broker Sponsored one get CNS
PZ Support/Resistance Indicator / Day Trading Indicator


Offline donbon2

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Re: PZ Averaging EA Set Files/Discussion
« Reply #20 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.
Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
EA Lab MA Crossover

News - Thomson Reuters Eikon
Trade Manager - Visual Trading Console for MT4
Trading Rebates - through CashBackFX
Trade Notification EA - TradeTalk from FX Blue - free
VPS - I recommend Amazon EC2 - if you qualify for a Broker Sponsored one get CNS
PZ Support/Resistance Indicator / Day Trading Indicator


Offline donbon2

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Re: PZ Averaging EA Set Files/Discussion
« Reply #21 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
Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
EA Lab MA Crossover

News - Thomson Reuters Eikon
Trade Manager - Visual Trading Console for MT4
Trading Rebates - through CashBackFX
Trade Notification EA - TradeTalk from FX Blue - free
VPS - I recommend Amazon EC2 - if you qualify for a Broker Sponsored one get CNS
PZ Support/Resistance Indicator / Day Trading Indicator


Offline synaptium

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Re: PZ Averaging EA Set Files/Discussion
« Reply #22 on: October 09, 2018, 07:18:13 AM »
Wow.

Amazing stuff.

I have been trying to tweak this ea too.

Sent you a PM

Offline synaptium

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Re: PZ Averaging EA Set Files/Discussion
« Reply #23 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.

Offline donbon2

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Re: PZ Averaging EA Set Files/Discussion
« Reply #24 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
Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
EA Lab MA Crossover

News - Thomson Reuters Eikon
Trade Manager - Visual Trading Console for MT4
Trading Rebates - through CashBackFX
Trade Notification EA - TradeTalk from FX Blue - free
VPS - I recommend Amazon EC2 - if you qualify for a Broker Sponsored one get CNS
PZ Support/Resistance Indicator / Day Trading Indicator


Offline donbon2

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Re: PZ Averaging EA Set Files/Discussion
« Reply #25 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)
« Last Edit: October 20, 2018, 05:31:42 AM by donbon2 »
Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
EA Lab MA Crossover

News - Thomson Reuters Eikon
Trade Manager - Visual Trading Console for MT4
Trading Rebates - through CashBackFX
Trade Notification EA - TradeTalk from FX Blue - free
VPS - I recommend Amazon EC2 - if you qualify for a Broker Sponsored one get CNS
PZ Support/Resistance Indicator / Day Trading Indicator


Offline donbon2

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  • Posts: 2010
Re: PZ Averaging EA Set Files/Discussion
« Reply #26 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
Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
EA Lab MA Crossover

News - Thomson Reuters Eikon
Trade Manager - Visual Trading Console for MT4
Trading Rebates - through CashBackFX
Trade Notification EA - TradeTalk from FX Blue - free
VPS - I recommend Amazon EC2 - if you qualify for a Broker Sponsored one get CNS
PZ Support/Resistance Indicator / Day Trading Indicator


Offline chrisyeap

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Re: PZ Averaging EA Set Files/Discussion
« Reply #27 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?

Offline donbon2

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Re: PZ Averaging EA Set Files/Discussion
« Reply #28 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
Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
EA Lab MA Crossover

News - Thomson Reuters Eikon
Trade Manager - Visual Trading Console for MT4
Trading Rebates - through CashBackFX
Trade Notification EA - TradeTalk from FX Blue - free
VPS - I recommend Amazon EC2 - if you qualify for a Broker Sponsored one get CNS
PZ Support/Resistance Indicator / Day Trading Indicator


Offline donbon2

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Re: PZ Averaging EA Set Files/Discussion
« Reply #29 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.
Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
EA Lab MA Crossover

News - Thomson Reuters Eikon
Trade Manager - Visual Trading Console for MT4
Trading Rebates - through CashBackFX
Trade Notification EA - TradeTalk from FX Blue - free
VPS - I recommend Amazon EC2 - if you qualify for a Broker Sponsored one get CNS
PZ Support/Resistance Indicator / Day Trading Indicator


 

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