Cost Averaging System - page 34
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Maji,
Results for Cost AVG-RSI Trend v4 for this week
I ran this EA of next pairs:
- USDCHF
- USDJPY
- EURUSD
- GBPUSD
- EURCHF,
on M5 timeframe.
Settings where:
TP=20, SL=60, PipSte=25, MaxTrades=1, MM=True, MinPIP =10 and pLots = 1Interesting results. You did not use the Cost Average idea (MaxTrades=1) with the Cost Average EA. Did you turn on UseTrend?
Thanks!
Other forward test
Well, with this attachment I am completing my "homework" with forwardtesting.
Here are the results.
CostAvg- Common RSI v1 - I am not satisfied with results, it made a huge loss. I don't know, maybe I made something wrong with settings.
CA- Pyramid v4- WITH trailing stop - this EA looks good, very nice upward trend line, but suddenly it made several consucetive losses.
Does anyone think how to prevent this to happen?
At the beggining I set 1lot but then latter i changed it to 0.6, because it ate half of my $1000 margin. I also set SL=64, otherwise it would maybe even reach a margin call.
CA- Pyramid v4- WITHOUT trailing stop - my comment for this EA is the same as for previous EA. Check the attached file and compare all CA EA's.
I also attached settings I used and full detail report.
Yes, UseTrend was set to true. About maxtrades. I'm not shure but, at start this value was 10, but then EA has opened a few trades for the same pair. I didn't wan't that. I think that results are pretty good. Will see what will happen next week..
I ran the same EA with same settigs on H1 timeframe. Results are attached.
I am forward testing the latest EA as emailed with the default settings.
Cost Avge RSI with Trend v1 Here are this week's result using M15 TF
I am also continuing to test Cost Averaging v3 Pyramid and posted is this week's result with default settings and using M1 TF
This weeks detailed statements are attached for Cost Average Common RSIv1 on M15
John
Yes, UseTrend was set to true. About maxtrades. I'm not shure but, at start this value was 10, but then EA has opened a few trades for the same pair. I didn't wan't that. I think that results are pretty good. Will see what will happen next week.. I ran the same EA with same settigs on H1 timeframe. Results are attached.
Unless you open multiple trades, you are not being able to cost average. So, you are not really taking advantage of the system.
Here is my result for the rsi trend v4. The common rsi results same as yesterday other than the open trade drawdown has reduced.
The setup variables for the rsi trend v4 I am using are as follows:
//----------------------- USER INPUT
extern int MagicNumber = 12413;
extern double LotExponent = 2;//1.666667;
extern double slip = 3;
extern double pLots = 0.01;
extern double TakeProfit = 5;
extern double Stoploss = 500;
extern double PipStep = 5;
extern int MaxTrades = 55;
extern bool UseStopLoss = false;
extern double TotalEquityRisk = 25; //loss as a percentage of equity
extern bool UseSafeMode = false;
extern bool UseRSIforAddTrade = false;
extern double BuyLevel = 30;
extern double SellLevel = 90;
extern double ShortLevel = 70;
extern double CoverLevel = 10;
extern int SlowPeriod = 8;
extern int FastPeriod = 5;
extern int PriceType = 5;
extern bool UseTrend = false;
extern int sMAPeriod = 40;
extern int MAPeriod = 10;
extern int MATimeFrame = 1440;
extern int MAMethod = 0;
extern int MAPrice = 0;
extern bool UseMASlope = false;
extern int MinPips = 10;
extern int MALookBack = 5;
extern bool UseTrailingStop = true;
extern double TrailStart = 30;
extern double TrailStop = 30;
extern bool MM = false; //Use Money Management or not
extern double RiskPercent = 0.1; //% of equity used as margin per trade
It is an extremely aggressive version that I am testing on nanolots on IBFX using a $10k starting capital.
Unless you open multiple trades, you are not being able to cost average. So, you are not really taking advantage of the system.
Ok, I will change this parameter then. Thanks
Cost Averaging RSI with Trend v1 part 3
Third week of testing version 1 with trend (post #289)
Pairs: EURGBP, EURJPY, EURUSD, USDCHF, GBPCHF, AUDUSD
Timeframe: M15, M30. H1-has been dropped
Starting ballance: $5000
Broker:IBFX
Settings: Default
Looks like M30 has better chance of survival in difficult market conditions.
Cost Averaging RSI with Trend v3 TESTS 1-2 part3
Version 3 tests I started 2 weeks ago (page 30, posts #296-298).
Cost Averaging RSI with Trend v3 TESTS 3-4 part3
TESTS 3-4 part3