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Author Topic: PZ MA Crossover  (Read 6541 times)

Offline Humble Trader's Fx

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PZ MA Crossover
« on: January 17, 2019, 09:35:00 PM »
As per your request, here is the new, "PZ MA Crossover" topic. :)

To this, I have added a demo account on my signature widgets, demoing both PZ MA Crossover as well as the new BS; featuring all four set files, old and new, as supplied by the vendor. When this session is over and the BS Mt4 trades are closed, I will update the magic numbers for your analysis as we move forward.


Regards,
HumbleTrader
« Last Edit: January 17, 2019, 09:40:11 PM by Humble Trader's Fx »
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 MA Crossover
« Reply #1 on: January 17, 2019, 09:54:51 PM »
this thread is about this EA

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

currently it is available for free - but as usual for him after it gets downloaded a few times he will make it paid.

the set file I made for it is below with TDS for last year

it is for eur 30 minute chart and the stats look great for the last 12 months.

in my signature I added  2 eur ma sets 1 euraud 1 cad  and I aud ... also a stochs one and an ichimoku one

the reason for that is the eur set only does 5 trades a month on average - so I thought lets add a bunch and see how they go.

also this set file is made for current market conditions - when those change I will need to update it again.

any questions please post away - and I would suggest putting it on a demo so you can keep an eye on it - as it has a 90% win rate with a 3.36 PF so yeah it is dialed in at the moment... it does have breakeven and trailing which is why those stats look 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


Offline nwboater

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Re: PZ MA Crossover
« Reply #2 on: January 17, 2019, 10:17:52 PM »
Hi HumbleTrader & donbon2,

Thanks a lot for creating this new thread!

HumbleTrader - If it isn't too much hassle there are some MA Crossover EA posts in the PZ Averaging EA thread that would be helpful to have in this thread. Hopefully it's not too difficult to move them. Or maybe I'm jumping the gun and that is already underway.

Also I see your demo for BS and MA Crossover are at 1:100 leverage. If you are running at default risks that might create a margin issue. Axi should be able to change that to 1:400

Thanks again for this new thread!

Cheers,
Rod

Offline Humble Trader's Fx

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Re: PZ MA Crossover
« Reply #3 on: January 17, 2019, 10:19:39 PM »
this thread is about this EA

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

currently it is available for free - but as usual for him after it gets downloaded a few times he will make it paid.

the set file I made for it is below with TDS for last year

it is for eur 30 minute chart and the stats look great for the last 12 months.

in my signature I added  2 eur ma sets 1 euraud 1 cad  and I aud ... also a stochs one and an ichimoku one

the reason for that is the eur set only does 5 trades a month on average - so I thought lets add a bunch and see how they go.

also this set file is made for current market conditions - when those change I will need to update it again.

any questions please post away - and I would suggest putting it on a demo so you can keep an eye on it - as it has a 90% win rate with a 3.36 PF so yeah it is dialed in at the moment... it does have breakeven and trailing which is why those stats look like that.

Yes, this thread is only about PZ MA Crossover. The mention that I have included BS demo in my widget account is only to save on server space; all discussions and analysis about BS will be done on the BS thread.


Regards,
HumbleTrader
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.

Offline Humble Trader's Fx

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Re: PZ MA Crossover
« Reply #4 on: January 17, 2019, 10:21:44 PM »
Hi HumbleTrader & donbon2,

Thanks a lot for creating this new thread!

HumbleTrader - If it isn't too much hassle there are some MA Crossover EA posts in the PZ Averaging EA thread that would be helpful to have in this thread. Hopefully it's not too difficult to move them. Or maybe I'm jumping the gun and that is already underway.

Also I see your demo for BS and MA Crossover are at 1:100 leverage. If you are running at default risks that might create a margin issue. Axi should be able to change that to 1:400

Thanks again for this new thread!

Cheers,
Rod

Your word is my command, nwboater; I will try my best.  :)

Regards,
HumbleTrader
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.

Offline nwboater

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Re: PZ MA Crossover
« Reply #5 on: January 17, 2019, 10:30:33 PM »
Hi HumbleTrader & donbon2,

Thanks a lot for creating this new thread!

HumbleTrader - If it isn't too much hassle there are some MA Crossover EA posts in the PZ Averaging EA thread that would be helpful to have in this thread. Hopefully it's not too difficult to move them. Or maybe I'm jumping the gun and that is already underway.

Also I see your demo for BS and MA Crossover are at 1:100 leverage. If you are running at default risks that might create a margin issue. Axi should be able to change that to 1:400

Thanks again for this new thread!

Cheers,
Rod

Your word is my command, nwboater; I will try my best.  :)

Regards,
HumbleTrader

Thanks very much. If there is some way I can help I'm more than happy to. :)

Cheers,
Rod

Offline Humble Trader's Fx

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Re: PZ MA Crossover
« Reply #6 on: January 17, 2019, 11:08:53 PM »
Hi HumbleTrader & donbon2,

Thanks a lot for creating this new thread!

HumbleTrader - If it isn't too much hassle there are some MA Crossover EA posts in the PZ Averaging EA thread that would be helpful to have in this thread. Hopefully it's not too difficult to move them. Or maybe I'm jumping the gun and that is already underway.

Also I see your demo for BS and MA Crossover are at 1:100 leverage. If you are running at default risks that might create a margin issue. Axi should be able to change that to 1:400

Thanks again for this new thread!

Cheers,
Rod

Your word is my command, nwboater; I will try my best.  :)

Regards,
HumbleTrader

Thanks very much. If there is some way I can help I'm more than happy to. :)

Cheers,
Rod

Done! ;D

Because one cannot change the leverage on an Axi demo trading account, I had to redo everything from scratch ie:  Open new account, register account with BS, add 4 new BS charts with settings, register new myfxbook account, register investor's psw.. and all the nice things one does for the good folks here but in no way matching the effort from some of the members's in this forum who go out of their way to work and share with others; that makes me proud to be here.  :)

As soon as a trade of BS closes, I will be able to make the myfxbook public on my widget signature. We might have missed a trade or two but tomorrow should be a complete day of trades.

Regards,
HumbleTrader
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.

Offline Humble Trader's Fx

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Re: PZ MA Crossover
« Reply #7 on: January 17, 2019, 11:29:48 PM »
Hi HumbleTrader & donbon2,

Thanks a lot for creating this new thread!

HumbleTrader - If it isn't too much hassle there are some MA Crossover EA posts in the PZ Averaging EA thread that would be helpful to have in this thread. Hopefully it's not too difficult to move them. Or maybe I'm jumping the gun and that is already underway.

Also I see your demo for BS and MA Crossover are at 1:100 leverage. If you are running at default risks that might create a margin issue. Axi should be able to change that to 1:400

Thanks again for this new thread!

Cheers,
Rod

Your word is my command, nwboater; I will try my best.  :)

Regards,
HumbleTrader

Thanks very much. If there is some way I can help I'm more than happy to. :)

Cheers,
Rod

Done! ;D

Because one cannot change the leverage on an Axi demo trading account, I had to redo everything from scratch ie:  Open new account, register account with BS, add 4 new BS charts with settings, register new myfxbook account, register investor's psw.. and all the nice things one does for the good folks here but in no way matching the effort from some of the members's in this forum who go out of their way to work and share with others; that makes me proud to be here.  :)

As soon as a trade of BS closes, I will be able to make the myfxbook public on my widget signature. We might have missed a trade or two but tomorrow should be a complete day of trades.

Regards,
HumbleTrader

Done! The new demo account is below my sig widget. There is a first .1 lot GBP trade which was placed manually by me to test the demo, tomorrow it will all be up to the EA's.  ;)

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 MA Crossover
« Reply #8 on: January 18, 2019, 05:46:36 AM »
added usdyen 30m ma crossover to the demo account.
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 diyforexskills

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Re: PZ MA Crossover
« Reply #9 on: January 19, 2019, 03:59:28 AM »
In the previous thread for this MA crossover, Flechdrop wrote" 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."

Since this EA is very limited and can only be modified with changes to the MAs (apart from tp and sl of course), here is an option. Let's assume that there were four downtrend/DD periods in the 10 yr backtest. So re-optimise the EA over each of those four periods. So we now have five EAs. Then run those 5 EAs continuously on a demo account, and use say PF from myfxbook stats to decide when and when not to trade each of those 5 strategies on live. So as market conditions fluctuate, requiring different MA crossover settings, we should now have a 1 in 5 chance of having the best settings for "current" market conditions.

(It is also obvious from looking at the charts and analysing for good and bad entries, that an RSI filter would weed out quite a few bad entries - the ones where entries are triggered way too late in the swing. And if we use ATR-based tp and sl we could also be more responsive to changing market conditions. We can do this with the FX Autotrader Elite, and I will start posting about those ideas and set files in the Autotrader thread so as not to "contaminate" this thread.)
Information and product page - http://www.diyforexskills.com/forex-tools/




Online donbon2

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Re: PZ MA Crossover
« Reply #10 on: January 19, 2019, 11:02:07 PM »
well basically every EA set files should be modified by a change in market condition which for the most part they are not.

really this is optimized for current ATR levels - if ATR drops then the MA settings need to be narrower as do the SL and TP - if ATR expands then the MA needs to be slower and the TP and SL need to be adjusted.

I have said it 1000% times now - that 10 year backtests are meaningless - it is the current market condition that is more important.

you take volatility factor - optimized for every condition over years - we get a flash crash and it blows up -- the difference between MA crossover and scalper is -- ma crossover you are not betting on reversion so any move like that is in your benefit

what would be more helpful from EA vendors is if they would tell us -- ok this EA does best under these conditions and worst under these conditions -- so you can just take it off when you see the bad conditions and use one that better suits it.

this is why I think MA Crossover actually has more potential than other trading ways -- your risk is always controlled by a modest SL - your upside is substantial and should market reverse it will trade the other side.

on my demo account Ichimoku has been struggling with the tight range - while the MA crossver series has had a few trades get stopped for a few points and not alot of trading as you would expect with almost no EURUSD range for a few days.

all I can say is I am trying my best with the tools available to deliver the best set files possible -- I am not a programmer and while I know what needs to be done - I can't just whip up a custom program myself LOL

ok I am out it is the weekend and jobs to do.
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 MA Crossover
« Reply #11 on: January 20, 2019, 01:36:03 AM »
well basically every EA set files should be modified by a change in market condition which for the most part they are not.

really this is optimized for current ATR levels - if ATR drops then the MA settings need to be narrower as do the SL and TP - if ATR expands then the MA needs to be slower and the TP and SL need to be adjusted.

I have said it 1000% times now - that 10 year backtests are meaningless - it is the current market condition that is more important.

you take volatility factor - optimized for every condition over years - we get a flash crash and it blows up -- the difference between MA crossover and scalper is -- ma crossover you are not betting on reversion so any move like that is in your benefit

what would be more helpful from EA vendors is if they would tell us -- ok this EA does best under these conditions and worst under these conditions -- so you can just take it off when you see the bad conditions and use one that better suits it.

this is why I think MA Crossover actually has more potential than other trading ways -- your risk is always controlled by a modest SL - your upside is substantial and should market reverse it will trade the other side.

on my demo account Ichimoku has been struggling with the tight range - while the MA crossver series has had a few trades get stopped for a few points and not alot of trading as you would expect with almost no EURUSD range for a few days.

all I can say is I am trying my best with the tools available to deliver the best set files possible -- I am not a programmer and while I know what needs to be done - I can't just whip up a custom program myself LOL

ok I am out it is the weekend and jobs to do.

Donebon2, may I wonder out loud and ask a perhaps naive question? Since EA's, can be updated through the Mt4 platform, (Allow external imports, DLL etc.), why aren't developers providing us with dynamic updates which look back 1-2 months of market behavior and adjust the EA accordingly?

Regards,
HumbleTrader

We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.

Online diyforexskills

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Re: PZ MA Crossover
« Reply #12 on: January 20, 2019, 03:16:23 AM »
You have raised a really interesting idea donbon2, by suggesting that volatility (ATR) is correlated to periodicity (MA); at least that is how I have interpreted your comment.
I have not thought that this is the case. ATR to me has influence on tp and sl settings, ie the extent of price movements; but I have always felt that periodicity of MAs was influenced by other factors, not by volatility.
But when I get some time I will now scroll through some lengthy periods of charts over the last few years to see if there is indeed a correlation between ATR and good entries for MA period crossovers.
If there is, it will be easy for me to add a new feature to the Autotrader so that the MA crossover settings are determined by multiples of ATR values.
Then we would be able to satisfy HumbleTraders' desire to have a self-adjusting MA crossover EA.
Information and product page - http://www.diyforexskills.com/forex-tools/




Online donbon2

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Re: PZ MA Crossover
« Reply #13 on: January 20, 2019, 06:32:35 AM »
I know that it will influence the MA crossover series - because many have 220 TP well if daily ATR drops to 40 points - then the chances of hitting a 220 Tp are almost zero -- which is why they need to be changed.

on the other side if the market starts trading ATR 140 a day then well 220 is too tight.

ATR may not be as helpful with scalping EAs because they are more vulnerable to news which wipes them out than a change in daily range -- when your TP value is like 2.4 and your stop is 50 60 70 80 90 100 and you get a gap of 150 well it takes forever to get that back ///  so there is more to it than that .. but ATR is a very relevant measure of what needs to be done.

HT = to me the reason is EA developers are lacking in market knowledge they think like retail traders and not more as analysts in terms of how far things can move and how quickly .. you cannot replace experience unfortunately ... but I self modifying EA is the future - how long it takes to get there I cannot tell you
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 MA Crossover
« Reply #14 on: January 20, 2019, 06:54:14 AM »
also you have to consider this

data analysis may say

ATR 0-60 10% of the time 60-70 22% of the time 70-85 34% of the time etc

so you build a set for each and the EA changes each day according to the value -- what this does is allow you to hit the best TP value every time -- which will shoot up the profit

but additionally the analysis would go a step further

if 3 day ATR cross 8 day ATR and 21 day ATR if the position is not in the money by more than 50 points then close it -- because it warns a SL is very close to end up being triggered

again you could study these scenarios and focus on where the best entry and exit times are by looking at the ATR change itself.... we have the data available but we don't have someone who can analyze it at the depth I need -- nor do we have a programmer to work through including these things.

you say to yourself DB2 why do I need this ?

just imagine if you enter at the best position - you exit at the best position -- your TP is placed perfectly vs what the market is doing and your SL is triggered in case market direction changes unexpectedly

don't you think that your profits would go through the roof ?

anyway this is alot of work to calculate everything and like I said I am doing the best I can with what I have available to me :)
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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