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Author Topic: PZ Averaging EA Set Files/Discussion  (Read 17464 times)

Online donbon2

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Re: PZ Averaging EA Set Files/Discussion
« Reply #120 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.
Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
PZ Averaging EA
Autotrader Custom

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 FLechdrop

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Re: PZ Averaging EA Set Files/Discussion
« Reply #121 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.

Online donbon2

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Re: PZ Averaging EA Set Files/Discussion
« Reply #122 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.
Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
PZ Averaging EA
Autotrader Custom

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


Online donbon2

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Re: PZ Averaging EA Set Files/Discussion
« Reply #123 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
Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
PZ Averaging EA
Autotrader Custom

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


Online nwboater

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Re: PZ Averaging EA Set Files/Discussion
« Reply #124 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
« Last Edit: January 17, 2019, 09:27:32 PM by nwboater »

Online donbon2

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Re: PZ Averaging EA Set Files/Discussion
« Reply #125 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.
Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
PZ Averaging EA
Autotrader Custom

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 Humble Trader's Fx

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Re: PZ Averaging EA Set Files/Discussion
« Reply #126 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
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.

Online donbon2

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Re: PZ Averaging EA Set Files/Discussion
« Reply #127 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.
Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
PZ Averaging EA
Autotrader Custom

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


Online reinerh

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Re: PZ Averaging EA Set Files/Discussion
« Reply #128 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.
« Last Edit: January 22, 2019, 07:08:02 PM by reinerh »

Online donbon2

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Re: PZ Averaging EA Set Files/Discussion
« Reply #129 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.
Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
PZ Averaging EA
Autotrader Custom

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


Online nwboater

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Re: PZ Averaging EA Set Files/Discussion
« Reply #130 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

Offline Humble Trader's Fx

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Re: PZ Averaging EA Set Files/Discussion
« Reply #131 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
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.

Offline diyforexskills

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Re: PZ Averaging EA Set Files/Discussion
« Reply #132 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.
Information and product page - http://www.diyforexskills.com/forex-tools/




Online donbon2

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Re: PZ Averaging EA Set Files/Discussion
« Reply #133 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
Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
PZ Averaging EA
Autotrader Custom

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


Online donbon2

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Re: PZ Averaging EA Set Files/Discussion
« Reply #134 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.
Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
PZ Averaging EA
Autotrader Custom

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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