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Thread: STEVE SIMPLEST SIGNAL INDICATOR: A MUST USE

  1. #11

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    Dear Afoson

    Thank you for the system ideas, It double my demo account started since 19 August.

    Dear funyoo
    Thanks very much for the system.
    If you can improve the system is very much thanks - from what afoson view.

    question
    If I set tp = value, its not working, Is it i need to set oppsiteclose to false?

    How to set TP to work with this system and oppositeclose still workable.?

    Is oppositeclose means that strength changed? Can you brief how it work for this system as simple as you can?

    Thanks all.
    zalinarashid still learning

    Last edited by zalinarashid; 08-25-2010 at 07:06.

  2. #12
    Junior Member
    Join Date
    Mar 2009
    Posts
    17

    Default

    James,

    change the following parameters when loading the indicator to move the text in slightly
    TextOffSetFromRight
    TextOffSetFromTop

    I also added a corner parameter, enter 0~3, 0 is top left, default is 1 for top right.
    Attached Files Attached Files

  3. #13
    Junior Member
    Join Date
    Jul 2010
    Posts
    20

    Default

    Hi zalinarashid

    Here is my settings with oppositeclose=true
    I optimized this year EURUSD, timeframe 4H:

    Bars in test 1691
    Ticks modelled 3578420
    Modelling quality 90.00%
    Mismatched charts errors 4
    Initial deposit 100.00
    Total net profit 970.10
    Gross profit 2410.28
    Gross loss -1440.17
    Profit factor 1.67
    Expected payoff 4.62
    Absolute drawdown 33.13
    Maximal drawdown 457.90 (59.63%)
    Relative drawdown 59.63% (457.90)
    Total trades 210
    Short positions (won %) 210 (57.14%)
    Long positions (won %) 0 (0.00%)
    Profit trades (% of total) 120 (57.14%)
    Loss trades (% of total) 90 (42.86%)
    Largest
    profit trade 22.62
    loss trade -69.02
    Average
    profit trade 20.09
    loss trade -16.00
    Maximum
    consecutive wins (profit in money) 13 (290.77)
    consecutive losses (loss in money) 8 (-51.93)
    Maximal
    consecutive profit (count of wins) 290.77 (13)
    consecutive loss (count of losses) -231.69 (7)
    Average
    consecutive wins 3
    consecutive losses 2

    Problem is here too big max DD, can you please posted your settings?
    Thanks
    Attached Files Attached Files

  4. #14
    Junior Member
    Join Date
    Jul 2010
    Posts
    20

    Default

    The same settings, period 1.8-25.8 and timeframe M30:

    Bars in test 1812
    Ticks modelled 165290
    Modelling quality 90.00%
    Mismatched charts errors 4
    Initial deposit 100.00
    Total net profit 161.66
    Gross profit 194.65
    Gross loss -32.99
    Profit factor 5.90
    Expected payoff 4.04
    Absolute drawdown 28.42
    Maximal drawdown 57.16 (24.45%)
    Relative drawdown 41.86% (51.53)
    Total trades 40
    Short positions (won %) 40 (72.50%)
    Long positions (won %) 0 (0.00%)
    Profit trades (% of total) 29 (72.50%)
    Loss trades (% of total) 11 (27.50%)
    Largest
    profit trade 7.50
    loss trade -4.12
    Average
    profit trade 6.71
    loss trade -3.00
    Maximum
    consecutive wins (profit in money) 11 (75.04)
    consecutive losses (loss in money) 3 (-10.00)
    Maximal
    consecutive profit (count of wins) 75.04 (11)
    consecutive loss (count of losses) -10.00 (3)
    Average
    consecutive wins 5
    consecutive losses 2

  5. #15

    Default

    Hi Afoson,

    Are you sure you don't have a manual for this indicator? I'm having a lot of success trading this manually, but have plenty of questions re the best way to do this. For example if I have a 100% signal on M30 but only 50% on 1H, should I trade?
    Just checking...
    PS: Surprisingly can't make the actual EA profitable...
    C

  6. #16
    Senior Member
    Join Date
    Dec 2008
    Posts
    501

    Default

    you will use 0.1 on 30 minutes signal for 100% and 1hour 50%

    and when 1 hour gives 100 % you increase lots size

    sorry for english

  7. #17

    Default

    Quote Originally Posted by afoson View Post
    you will use 0.1 on 30 minutes signal for 100% and 1hour 50%

    and when 1 hour gives 100 % you increase lots size

    sorry for english
    I see, thanks Afoson. So one hour is the strongest signal.
    Im having a great time playing with this system after work. Took 9 trades over 2 (two hour) trade sessions (I waited for 30M and 1H to both confirm). 8 winners, 1 loser.

    Do you exit a possible bad trade if the indicator no longer shows 100%?

    English was fine.

  8. #18

    Default

    Quote Originally Posted by zalinarashid View Post
    Dear Afoson

    Thank you for the system ideas, It double my demo account started since 19 August.

    Dear funyoo
    Thanks very much for the system.
    If you can improve the system is very much thanks - from what afoson view.

    question
    If I set tp = value, its not working, Is it i need to set oppsiteclose to false?

    How to set TP to work with this system and oppositeclose still workable.?

    Is oppositeclose means that strength changed? Can you brief how it work for this system as simple as you can?

    Thanks all.
    zalinarashid still learning
    can you share your set files

  9. #19

    Default

    Dear friend

    I am using first version , Default setting

  10. #20

    Default

    Quote Originally Posted by funyoo View Post
    Hi afoson,

    Considerstrengthonly option added.

    If considerstrengthonly is set to false, there are some additional filters based on ichimoku.
    Dear Funyoo
    For this version.
    Steve FXsignalEA Version 1.01mq4

    My IBF mini
    I set the TP = 10 pips but still not close after meet the TP.

    Can it work together with opposite close.
    Last edited by zalinarashid; 08-29-2010 at 08:33.

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