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Thread: Cross 3 moving averages EA

  1. #11

    Default

    Quote Originally Posted by PipingTom View Post
    Gentlemen
    Appreciate your simple help.

    Fast EMA - Slow EMA - Medium EMA

    I have selection of EMA's but only: Open, Close, High, Low, Median Price, Typical.

    Which is the Fast, Slow and Medium ?
    I am going to rename them, you can call them #1,#2,#3. It has to do with MA period only.
    I am going to add more EA tweaking options

  2. #12

    Default New Version V2.1

    Renamed the EA, instead of EMA, changed to MA. Actually initial version was named incorrectly as it was using Simple MA and not Exponential.
    Anyway now you can try 4 different MA types and I already noticed quite an $$ improvement.
    ***
    length option and shift options were added.
    ***
    So now it is much more tweakable,
    Enjoy,

    Post your tests, comments, observations
    Attached Files Attached Files

  3. #13

    Default It does work on forward test

    EA does actually trade, places orders, stops, targets. Because this is a very simple EA, it should forward test nearly identical to back tests. This is my hope. It's too early to tell. After running on demo for a week, I can back test it on the same data to compare back/forward tests. If they match well, we might have a very predictable and easy to optimize EA.
    *****
    Optimizations showed that MA periods provided by Elliot 13,26,233 are very close to optimal indeed.
    ****
    Optimization also showed that by using an exotic mix of MA Type, versus period, versus offset - produces a bit more $$, at least 25% more.
    Last edited by Metatrader7; 08-18-2009 at 20:08.

  4. #14

    Default Gitaniko, good start, but we need some more work to do

    Quote Originally Posted by gitaniko View Post
    This version of the EA execute BUY and SELL orders and close then at the next opposite signal.

    BUY when EMA 13 & 26 cross UP EMA 233.
    Close when EMA 13 & 26 cross DOWN EMA 233.

    SELL when EMA 13 & 26 cross DOWN EMA 233.
    Close when EMA 13 & 26 cross UP EMA 233.

    TP, SL and TS are not active by default, but are customizable.

    Excelent results in EUR/GBP 15 M.
    Elliot also said it should be run on multiple time frames. I believe that's how he actually trades it. He takes signals on lower time frames in the direction of higher time frames. That creates a very consistent and profitable trading.
    ***
    So actual method is multi time frame and actually uses 3 MA per time frame and more in total. Of cause we don't have to go all the way to weekly. Realistically we should use 2-3 time frames:
    M15,M5,M1 or H1,M15,M5
    ****
    We don't have to program Multi Time Frame, that can only complicate the system and the accuracy of testing.
    MAs can be easily scaled by multiplying length. For example 13 period MA on M15 = 39 period MA on M5. Well, almost, at least it is very very close and tests with close results. Remaining slight difference can be compensated through optimization.
    So multi time frame MA periods will be:
    for 1 min:
    M1 M5 M15
    13 65 195
    26 130 390
    233 1165 3495
    for 5 min:
    M5 M15 H1
    13 39 156
    26 78 312
    233 699 2796

    *****
    So this is a proposal for multi layer 3X3 version, so you can take your existing version and simply add extra conditions from 2 more sets of higher period MAs.
    So insted of 3_MA_inverse, we should have 9_MA_inverse EA. May be you can come up with 6_MA_inverse version and we can compare the results for all of them.
    ***
    You can continue with your version, I can add more tweaks later, the same way I already did with your initial EA.
    ****
    We need more versions for testing
    Let me know on your progress.
    Last edited by Metatrader7; 08-18-2009 at 21:15.

  5. #15

    Default Optimal MA periods?

    Quote Originally Posted by Metatrader7 View Post
    EA does actually trade, places orders, stops, targets. Because this is a very simple EA, it should forward test nearly identical to back tests. This is my hope. It's too early to tell. After running on demo for a week, I can back test it on the same data to compare back/forward tests. If they match well, we might have a very predictable and easy to optimize EA.
    *****
    Optimizations showed that MA periods provided by Elliot 13,26,233 are very close to optimal indeed.
    ****
    Optimization also showed that by using an exotic mix of MA Type, versus period, versus offset - produces a bit more $$, at least 25% more.
    In fact, SMAs used in the EA are 12,26,233. Did you mean to say MA 13,26,233 periods were provided by Elliot? Could you please clarify on this?

    Thanks!

  6. #16

    Default

    Quote Originally Posted by Michaelhryu View Post
    In fact, SMAs used in the EA are 12,26,233. Did you mean to say MA 13,26,233 periods were provided by Elliot? Could you please clarify on this?

    Thanks!
    Yes, I already did. Such slight difference isn't the point, because all these variables are to be optimized and slightly altered.
    The real point is overall logic(maximizing profit/lowering drawdown), MA combinations. The rest is to be tailored to market, broker, time frame...
    ***
    I am running optimisation for M5 for all possible periods,types,shifts MA combinations. It takes about 24h, but results I am getting boosting $$ by 50% already and I wouldn't be surprised if it doubles that by optimization end.
    ****
    Coming with multi time frame version
    Last edited by Metatrader7; 08-18-2009 at 22:13.

  7. #17

    Default

    Gitaniko you posted the EA, could you post your .eab settings for 3EMAinverse from eatbuilder.com
    That will help,
    Thanks again

  8. #18

    Default Thanks a lot!

    Quote Originally Posted by Metatrader7 View Post
    Yes, I already did. Such slight difference isn't the point, because all these variables are to be optimized and slightly altered.
    The real point is overall logic(maximizing profit/lowering drawdown), MA combinations. The rest is to be tailored to market, broker, time frame...
    ***
    I am running optimisation for M5 for all possible periods,types,shifts MA combinations. It takes about 24h, but results I am getting boosting $$ by 50% already and I wouldn't be surprised if it doubles that by optimization end.
    ****
    I am looking forward to your optimization results with great expectations!

    Good luck!!

  9. #19

    Default

    Quote Originally Posted by Michaelhryu View Post
    I am looking forward to your optimization results with great expectations!

    Good luck!!
    You should run your own optimizations as well and learn as much as possible to think for yourself and work on your qualifications.
    **
    Dependency on others is a bad habit
    **
    Because when the project runs its course the only thing left you can rely upon is your own skill
    ***
    All I do is "thinking aloud". There is some magic in freeing your mind by sharing ideas, you get more and faster that way. That helps my own creative process and hope few people around

  10. #20

    Default Thank you very much for your advice!

    Quote Originally Posted by Metatrader7 View Post
    You should run your own optimizations as well and learn as much as possible to think for yourself and work on your qualifications.
    **
    Dependency on others is a bad habit
    **
    Because when the project runs its course the only thing left you can rely upon is your own skill
    ***
    Thank you very much for your advice!

    I feel exactly the same as you stated. If only I knew how to optimize the EAs efficiently! That is why I follow your postings, hoping to learn a thing or two.

    Anyway, I will try my best to do my own optimization.

    Michael

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