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Thread: Your Lucky EURGBP rdb v1

  1. #41
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    Quote Originally Posted by funyoo View Post


    For those who are interested, here is a simplified explanation of the system used in this EA (Your_Lucky_EURGBP_rdb_v1) :

    There is two fractals envelopes, one based on M15 period, and another one on H1 period. If the price is located between the two last fractals (up and down) of each envelope (in fact there is only one enabled currently, I will see what happen when we enable the second), then we check the signal. The signal is the price over/under a simple moving average, when the bar closes over : we sell, when the bar closes under : we buy. There is also a time filter. There is only one trade per bar. The close is made when there is profit, when the tp or the sl has been reached.

    I have attached the Multi Time Frame Fractal indicator used in the screenshot above.
    Hi, funyoo,

    Thanks for you explanation. But I still do not understand why this system can only work when the spread less than 3 pips and why it only works for EG.

  2. #42
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    in enclosure you can find the indicator for the 1st version of this ea. At the beginning I thought that it might be useful to see what can be improved. But the realization of this idea is harder than I thought.
    I have real big problem with correct plotting of lines between the 1h fractals (red lines) it seems that I am plotting them in the wrong direction but I cannot figure out what is wrong. Maybe someone will be able to check it out.
    Attached Files Attached Files

  3. #43
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    Quote Originally Posted by lukegan View Post
    Thanks for you explanation. But I still do not understand why this system can only work when the spread less than 3 pips and why it only works for EG.
    Because, the code needs few pips to generate profits; if the spread is too large, then too many pips will be eaten. And the code is designed for ranging market, EG is one of the most ranging pairs. There is also AUDNZD that is ranging most of the time but the spreads is too big.

    Quote Originally Posted by kniter View Post
    in enclosure you can find the indicator for the 1st version of this ea. At the beginning I thought that it might be useful to see what can be improved. But the realization of this idea is harder than I thought.
    I have real big problem with correct plotting of lines between the 1h fractals (red lines) it seems that I am plotting them in the wrong direction but I cannot figure out what is wrong. Maybe someone will be able to check it out.
    Maybe this one will help you.

  4. #44
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    I have tried to entirely reverse the system with the v1 version, with the supposition that we can also filter trending markets with the fractals envelope, i.e when the price is over/under ma and outside the fractals envelope. For the moment it only works when the market is trending a lot.
    Attached Images Attached Images Your Lucky EURGBP rdb v1-strategytester-your_lucky_eurgbp_rdb_v1-switch1-eg-h1-dec-gif 
    Attached Files Attached Files

  5. #45

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    Hello funyoo

    You use what's MT4 platform test?

  6. #46
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    Quote Originally Posted by shisuyu View Post
    Hello funyoo

    You use what's MT4 platform test?
    Hello shisuyu,

    Currently I use MasterForex.

  7. #47

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    I asked rdb also the same guestion.Can this be prepared for long time frames like hourly and arrangement would be suıt for that to get rid of broker server problems.What you think.

  8. #48
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    Quote Originally Posted by falanca View Post
    I asked rdb also the same guestion.Can this be prepared for long time frames like hourly and arrangement would be suıt for that to get rid of broker server problems.What you think.
    The expert has been optimized for M5, but it is also very well set for H1. If you try the ea on H1, you will see that you will get better results than on M5.

  9. #49

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    Quote Originally Posted by funyoo View Post
    Hi wish me luck and welcome,

    You have to download the tick data from Metatrader :

    Tools > History center > Currency > Download.
    if i want to back test in TF 15 , can i download only for M15 data or also 1M data ??

  10. #50
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    Quote Originally Posted by wish me luck View Post
    if i want to back test in TF 15 , can i download only for M15 data or also 1M data ??
    You have to download M1, M5 and M15.

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