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Thread: Appaloosa System

  1. #21
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    Quote Originally Posted by sercey View Post
    I have a question about the usage folks.

    Are we attaching the ea to all pairs and wait for the orders to be open?

    thanks
    see funyoo's post above . he said to attach it to one currency.

  2. #22
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    madscalp:
    What time frame are you using for this system?

    Are you able to run this EA? I couldn't run it. See my error message below.
    Also, can you upload your set file please?
    Last edited by 4x4me; 08-25-2010 at 13:16.

  3. #23
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    Funyoo;
    I am getting this message when I ran EA on Citifx.

    Also, is this EA can run on currencies that has different symbol name? i.e. EURUSDcti or EURUSD_fxt, etc.

    Note: just tried on Tadawul account and same error.
    Attached Images Attached Images Appaloosa System-error-trading-in-citifx-png 
    Last edited by 4x4me; 08-25-2010 at 13:15.

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    Hi 4x4me
    I showed trades in M 30 : it's not recommanded or with a very short target ( < 1%)
    In my opinion the best is in H4 : there are 4 or 5 signals weekly but there are strong and can give you easily 4 %
    so 4 x 4 % = 16 % weekly ...more 60 % monthly
    The EA is working for me ( Alpari UK ) : I have too the error " unknow subwindow number -1 for ObjectCreate function "
    nothing more and I don't thinking that damages the working
    I'm using the original setting posted by funyoo ...target 4% instead of 2 %
    in next version we need a StopTradingAfterTarget and also a Crash option ie a stop trading if the negative equity becomes greater than x %
    Last edited by madscalp; 08-25-2010 at 13:46.

  5. #25
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    Quote Originally Posted by madscalp View Post
    Hi 4x4me
    I showed trades in M 30 : it's not recommanded or with a very short target ( < 1%)
    In my opinion the best is in H4 : there are 4 or 5 signals weekly but there are strong and can give you easily 4 %
    so 4 x 4 % = 16 % weekly ...more 60 % monthly
    The EA is working for me ( Alpari UK ) : I have too the error " unknow subwindow number -1 for ObjectCreate function "
    nothing more and I don't thinking that damages the working
    I'm using the original setting posted by funyoo ...target 4% instead of 2 %
    in next version we need a StopTradingAfterTarget and also a Crash option ie a stop trading if the negative equity becomes greater than x %
    Thank you. I am wondering if risk management should be worked out for this strategy. Since we are targetting % profit based on the balance, it would make difference what lot size that you are trading. Don't you think?
    Also, currently, this doesn't have any way to stop trading if trade goes against it, so how do you handle it? Unlike correlation trading, if signal turns, it could really go badly on us, I think.


    Funyoo, please take a look at the indicator and EA to resolve the issue with error message. Looking forward to forward test since back testing may not be possible for basket order strategy. Also, would you please let me know if EA will work on currencies has extra name will work ? i.e. EURUSDcti or EURUSD_fxt
    Last edited by 4x4me; 08-25-2010 at 14:08.

  6. #26
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    Yes you're right.
    There is a risk that the trade be against us.
    So we need a crash option to cut the trades if the trade is bad depending the negative equity.
    IMO if the target is 2 % the crash option must be double...4 %

  7. #27
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    Quote Originally Posted by madscalp View Post
    Yes you're right.
    There is a risk that the trade be against us.
    So we need a crash option to cut the trades if the trade is bad depending the negative equity.
    IMO if the target is 2 % the crash option must be double...4 %
    Thanks again for your reply. I will test and post settings as soon as funyoo can fix the issue. No orders opened so far..

  8. #28
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    Quote Originally Posted by 4x4me View Post
    Thanks again for your reply. I will test and post settings as soon as funyoo can fix the issue. No orders opened so far..
    IF you are in H1 actually, it's normal because the indy value is near zero.
    Please try H4 ...the lines are under 0.09

  9. #29
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    Quote Originally Posted by madscalp View Post
    IF you are in H1 actually, it's normal because the indy value is near zero.
    Please try H4 ...the lines are under 0.09
    I tried on 4hr @ Tadawul and it has opened trades. Now, it is approx $50.00 net positive. On Citifx, I tried 1 hr and 4 hr, but still no trade.
    Both accounts still getting this error message. On Tadawul, message dissappeared then, order opened. However, little bit later, it came back. Citifx, mssages still on no matter what TF that I set at.

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    Let funyoo resolve the issue...

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