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Messages - Attractor

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1
SmartForexExpert EAs / Re: SFE Price Action EA
« on: January 18, 2020, 08:51:26 PM »
hi, I get different results and different operations comparing with official account. I run sfe on icmarkets too.

For example I got GBPJPY operation recently. I attach screenshot. My version is 3.0

Another question. What happen if I add smart forex address on mt4 webrequest?

thank you very much

Hi, there is a significant difference in the selection of pairs and timeframes between your version 3.0 and the current version 3.1. I think this can explain these different trades more frequent that the normal. I recommend upgrade to 3.1.

The address on the webrequest only affects Night Scalper and Stealth for the moment.

2
SmartForexExpert EAs / SFE Breakout
« on: January 13, 2020, 08:32:47 PM »
SFE Breakout

This is a new system although the idea of the setup algorithm was developed at the beginning of 2019. The algorithm is very simple and shows potential in the backtest, but has not been published until now because the number of trades were very low. Then the past December I have been working to increase the number of trades, and now is at the point I like already, so I decided to publish it.

The current signal, the year 2019 has been running with this pre-release version with very few trades, and only with EURUSD and XAUUSD. The current version should perform better and uses more symbols.

This EA is different from other SFE 'momentum' EAs, because the setup algorithm don't need always 'momentum' because is more based in the concept of breakout.

Can be a bit undestood like an intraday trend follower, because the hours for open trades for this EA is in the New York session, is where the algorithm shows good results at long term.

Also the TP and SL positions is very different of the other SFE EAs, the TP is a lot more near, and don't need big movements to reach it.

 For all this I think that can be a good complement for users of a pure momentum EA, like SFE Price Action or SFE Attractor, because the way of trade is quite different.

If is your first EA, SFE Attractor I think is better in the overall, but this is cheap and I expect a good profit also.

As we can see in the backtest, in years of big movements like 2015, 2016, this EA can make a very huge profit, above 200%, while in the current kind of market, the potential is a lot more reduced, but I aspire the make 30-40% profit anyway, which is quite good right now.

This EA has a very good expectation of pips / trade. Then, can be used also with good results in average quality brokers.

In the current grid of SFE EA prices, I will put this EA for the moment in the medium price segment, because the market is not in his best situation for him, then for the moment the price will be set at 800 USD.


The attached backtest has been made with the mt5 version.

Product Page: https://www.mql5.com/en/market/product/45196
Myfxbook: https://www.myfxbook.com/members/atractor/sfe-breakout/3161522
Mql5 signal: https://www.mql5.com/en/signals/537338

Recommended SFE Portfolio - SFE General view: https://smartforexexpert.com/index.php?topic=550.msg1056#msg1056

Current version 1.0 recommended size (normal risk)

* 400 USD / 0.01 lots
* and increase to 2.0 to the EURUSD multiplier parameter.


After the mt4 publication, will be published very soon also in mt5. Then, if some user preffers to wait for the mt5 version, be warned.

All the month of January, the price will have a discount of 20% to 640 USD, to let the interested followers get the EA at better price.

3
SmartForexExpert EAs / Re: SFE Night Scalper EA
« on: January 13, 2020, 07:26:16 PM »
Hi,
the version 6.1 is has been published.

The selection of pairs and hours has been reworked based on my backtest in the mt5 platform, where the results are always worse than in mt4. Also is based in the real trades of the main account.

Go to the first message of this thread to find the backtest of the version 6.1.

The version has been made with mt5 and 'every tick'. In the 'real tick' mode, the backtest is a lot worst, but really the ticks of this mode the past years aren't the condition of the current ticks, otherwise would been impossible make any profit. Then, I used 'every tick' to have a general image, and with this and the real activity I have made the selection.

The way of exit has been changed and there is not partial closes now. This way of exit give better profit, let's see...

In forward I will follow close the relation between the real trades and the forward mt5 backtests in the different modes, to have a better idea of which mode fits better for this EA. The current version is better than previous and the selection is safer, then, if the EA has made profit until now, I expect this can continue  :)

4
Portfolio lounge / Re: SFE Recommended Portfolio 2020
« on: January 11, 2020, 01:06:56 AM »
The next is my recommendation of portfolio for users of SFE.



Momentum / Breakout EAs are which give me more confidence at long term, even with the current difficulties, for this reason is always my first choice. Obviously, the preferred is Attractor, which is S/R the same as PA, but has born in the current low volatility market, then, as we can see in the live action, is developing better than PA. So, Attractor is the first. If you own PA, can be used instead of Attr, although the EA need a bit more movement for make the profits of the past.

The second place if for a completely different kind of EA, Stealth is my preferred, but if anyone have NS, can be used. I have a lot of confidence in STE. STE and ATTR I think are the best duo between my EAs.

Please, note that STE and NS must be used in a good broker, otherwise, a big part of the profit will be lost, then, maybe is better use a EA less sensible to the broker, like Breakout.

I forgot to say that the momentum / breakout EAs can work more equal on any broker because the pips / trade expected are better than in the STE and NS. Please move to a good broker, there is no reason to stay in medium or bad brokers.

If we want to launch a third, the selection should be for Breakout I think, because is more different from ATTR than other secondary momentum EAs like KISS or F&F.

The EURUSD EA I want to work on it, for the moment I will wait for the new version.

For the fourth, add the Night Scalper, and then we have: momentum (S+R) + reversal + breakout + night trader. 4 quite different kind between them, and I hope that this 4 combo can give us a very good sustained growth. This is the combo I'm using in my personal accounts, with this usage of the balance:   Attr (70) + Ste (70) + Breakout (30) + NS (30). Using in total 200% of the balance, using always the recommended size in each EA.

Finally recommend to view and follow the Jimmy's journal with his own portfolio of SFE EAs.

5
Portfolio lounge / Re: SFE Recommended Portfolio 2020
« on: January 11, 2020, 12:41:21 AM »
I want to quote this message of Jimmy. I have been talking so long that the volatility is very low and the reversals are very common, and in this message, we can see a clear image of this. Is important know this for understant the difficulties of the momentum and breakout systems right now. Please, follow the link.

Happy New Year!! :)

I just came across this article which showed how little volatility there was in 2019, which explains why we did not see much extension on breakouts: https://www.forexlive.com/technical-analysis/!/currencies-2019-the-year-of-low-volatility-20191231

In 2019 EURUSD had the lowest volatility dating back to 1980! - no wonder SFE EU struggled so much.

The good news is, after so little volatility in a year, the following year usually will be much more volatile. For example, the prior yearly low EU trading range was 883 pips back in 1996.  In 1997, the range rose to 2280 pips.  Letís see if this holds true for 2020. :D

Continue...

6
Portfolio lounge / SFE Recommended Portfolio 2020
« on: January 11, 2020, 12:39:03 AM »
This is the list of SmartForexExpert EAs since the start (SFE Breakout will be published soon)



- Momentum and breakout EAs are similar, but I make a difference between a setup based in gain momentum from a setup more based in a breakout, this breakout can happen with low momentum sometimes. For this reason I believe that can develop quite different.

- The same with the difference between the night scalper and the reversal system. While night scalper is more related with volatility movements out of time, the reversal system (stealth) finds potential reversals which sometimes happens without volatility or momentum. For this reason also develop very different.

I like to do this classification because in order to diversify the portfolio, the interesting is use EAs from different kind if possible.

In the Momentum S means (straight) and R (reversal), means that some of the EAs setups stop trades to enter if the movement fails with a strong reversal. By default, the systems with S+R are more versatile than only S.

Continue...

7
SmartForexExpert EAs / Re: 2019 SFE EAs Review and what's come on 2020
« on: January 11, 2020, 12:23:47 AM »
This can change during the year, but the main task on my list right now are:

at short term:

- launch the new EA SFE Breakout. I will explain the details in his own page.

- Update of the SFE Night Scalper, after the warning after my last backtest in mt5. I'm reviewing the pairs and hours used.

in the rest of the year:

- Rework SFE Eurusd for adapt to the current ultra low volatility. After the SFE Eurusd rework,all the published EAs will have a recent check already.

- translate all the SFE Family to mt5. This don't mean the mt4 will not be supported, will be equal versions, but mt5 give me a better tool of backtest, and this helps a lot in improve the quality of the EA, and in don't lie ourselves with the low realistic backtests of mt4 in some cases.

- mt5 can acces to a built in calendar. Is a bit complex right now but can be done. Then other of the objectives this year is study how to work with this calendar and see if this can improve the EAs, which I'm pretty sure that can.

- Extend / adapt the current systems to other markets. CFDs of index, stocks, cryptos... I have been working already and I see possibilities of get profit in these other markets in some of my algorithms, then this is maybe where I have more expectation this year, because is a very good way of diversify and find other sources of profit, specially now that the forex market is very calm.

8
Trade Journals / Re: Jimmy's Account - SFE Combo
« on: December 30, 2019, 09:54:43 PM »
Thank you Jimmy for share your account with us this 2019.

You has made a good profit at final  :)

I will do my best for this continue for the SFE part.


9
SmartForexExpert EAs / Re: SFE Stealth EA
« on: December 30, 2019, 09:51:27 PM »
Hello.

I was checking and i didn't get the bad GBP trades few days ago on Stealth.

I did not bother to update to the newest version so i still have the old version.

I did get the bad NS trades though but on mimimum risk so no worries.

BUT just to let you guys know. Maybe this was only the new Stealth version that took these trades, for me on the old version everything was good.

Perfect! the same on my private accounts, because I still didn't get time to update the version! I did connect GBP the same day of the big drop, was for the version 1.1, in 1.0 still was disconnected. And I have made a good advance in the new version 1.2 with the 'safe mode', then, we can get something of this.

Also again on the old version i did not get this bad EURAUD trade that the newer version got. I will keep it on the old version!!! :)
But yes as I stated in the other thread I am getting new trades today for some reason. So I will manually turn it off. Not sure if anyone else is getting this problem?

Open trades in Christmas: This should be because you are still using the version 1.0
In the version 1.1 and 1.2, the christmas dates are deactivated. If you don't update for the moment, I  recommend your turn off the EA to at least January 7. The next days are the most dangerous.

The EURAUD trade: this is because is a trade on the timframe m15, which is new in version >1.1.  We will monitor close this timeframe to remove if we see is not good. I added because the backtest was nice enough, but will see...

10
SmartForexExpert EAs / Re: do you have a solution for such flash crashes?
« on: December 30, 2019, 09:47:32 PM »
Hi Joel. My Stealth EA is has taken some trades on the 24th and also about 6 this morning on the 26th. Is this supposed to be happening?

Wow, thank you for share this experience, one of the objectives of this forum is give to the people true information about forex, from the side of retail (but not dumb) traders like us, and usually the reality is a lot more hard than the runners of the business want to explain, and also we have a sea plenty of scams in form of EAs, courses, etc...

For this reason this kind of comments are very apreciate.

And what to say about the brokers... at this moments, they can do whatever want, this market is not centralized and if they want to put 10, 20, 200 pips of spread, they will do it.

For this reason, diversify and diversify is the key. Is not easy because how many profitable systems are out there? really seems that aren't not much. But for my side I never surrender and I search and search for improve the existent and find new systems. I agree Cyborg is a good system and it's true is similar to Stealth, are in the same league.

I'm excited when in next months I will cross calendar information with the development of the EAs, I think this will help to avoid some situations.

Talking about the AUD / JPY flash crash, we have to remember that TWO! currencies were affected, not only one, this happened a the begin of the new year. I have been searching information, and one thing that is true, is that the FOREX market is opened more days than the central banks or the main banks that provide the liquidity, then, these days when the big players are closed, but the forex market is opened, are VERY RISKY days, because the liquidity is very low, and problably this explain part of what happened that black day.

For this reason, in the current versions of SFE Night Scalper and SFE Stealth, I disabled trading form December 20 to January 8.

This should be because you are still using the version 1.0
In the version 1.1 and 1.2, the christmas dates are deactivated. If you don't update for the moment, I  recommend your turn off the EA to at least January 7. The next days are the most dangerous.

11
SmartForexExpert EAs / Re: SFE EURUSD EA
« on: December 30, 2019, 09:32:03 PM »
Do you think it is possible to add support for EURAUD with this EA and adapt all the strategies that were developed for EURUSD?

I have to rework this EA, I don't know if your idea can be adapted, but I will find the way to make the EA profitable. Other of my missions this 2020.

12
SmartForexExpert EAs / Re: 2019 SFE EAs Review and what's come on 2020
« on: December 30, 2019, 08:53:44 PM »
For the incoming year, we want more big movements like the past, but for the moment I assume the market will be similar.

In the GREEN ZONE:

I'm confident with SFE Attractor and SFE Stealth.

As is known, the algorithms of Attractor tries to launch trades either in more or less big movements, then I expect profit in the current market, as well if big movements comes again.
Stealth, I expect a very good profit, but is very imporant for all the traders, use the best possible broker for this EA, because trades a lot but the pips / trade expected are low, then, a top broker is mandatory.

In the YELLOW ZONE:

SFE Price Action
SFE Fire&Forget
SFE Kiss

In these three EAs, I expect light profits, waiting for more big movements comes again, then, can win a lot. In all them I launched new version this year work better also in this market,
but at this moment they will not be the main engine of the profits.


In the RED ZONE:

SFE Eurusd. Requires a rework, because EURUSD is very very weak for a lot of time already, and the algorithms of this EA are failing. I recommend reduce the risk of this EA for the moment.


In the UNKOWN ZONE:

SFE Night Scalper. While in real action, NS is growing very well for the moment, for example this year should have been very good if the JPY AUD flash crash did not happened, I have been received
a warning with the last bactkest in real ticks I'm doing with metratrader 5. The results aren't good enough for have confidence, and I'm working right now in analyse these backtest and try to find a good configurations.
The backtest don't says the EA can made big loses, but shows a very weak profit, not enough profit for use an EA under my point of view. Then for the moment, until we have more news in this EA, reduce the risk.


In brief, in my opinion, ATTR and STE can be used at full. PA, F&F, KISS, can be used because I think they will not damage the portfolio, but his profit expectation is reduced right now.
EURUSD be cautious until more movement comes a gain or I have time to work in a new version. NS can be used, but the profit expectation is very reduced based on the last mt5 backtest, alse requires work.

What are my main lines of development the next year? in the next message

13
SmartForexExpert EAs / 2019 SFE EAs Review and what's come on 2020
« on: December 21, 2019, 09:41:29 PM »
Well, has been a difficult year. Just at the beginning, SFE Night Scalper was hit by the JPY, AUD flash crash, then all the year has been for recover meter by meter DD.

SFE Price Action (momentum based), has lived in a transition year, the movements of the market has not been enough for activate the EA like in the past, and we know that usually the movements fails, then, is very difficult make a good profit.

SFE Eurusd, 'NEW-momentum based' the worst, EURUSD pair is the safe heaven at this moment for this systems 'hold and pray'. The strenght of the movements for EURUSD has been surprisingly short, and the setups are failing in general. The loses in EURUSD has affected in general all the SFE 'momentum' EAs.

SFE Fire&Forget and SFE Kiss (momentum based), weak performance since his publication, because just begun at the beginning of this reduced volatility. I started new signals with the last versions, and I'm trying to keep them alive, not only for consideration with the current users, also because I see there is something to do there.

SFE Attractor (NEW-momentum based), has been developed in the current behaviour, then, has been the best of his family, and a several times has been at few meters of make a big profit, but the retracement of them movements happened again and again.

SFE Stealth (NEW-reversal based), has develped very well although two big losses this week has leave a bad tast in our mouths, but this kind of EA works this way, winning in general in a soft uptrend, and every X months, a quick DD. Bad luck that just the new users has taken this DD.

Then, EURUSD has end in loses, not critical but loses.

F&F and KISS, really I don't know, because they started new signals, but I think that probably has been a year of soft loses.

SFE Price Action, a bit of profit at final. SFE Attractor, a bit more profit, with less months of action, clearly overperforming the 'old king' PA.

SFE Stealth, very good profit for his low time of activity.

I'm not happy with the results of 2019 seeing only the profits, but understanding the difficulty of the current market, and seeing the advances with new improvements in the general of the SFE EAs, I think year has been a point of inflection to the way of the profits we want  :)

What I think of the SFE Familily for 2020? in the next message...

14
SmartForexExpert EAs / Re: SFE Stealth EA
« on: December 20, 2019, 12:35:44 AM »
New version 1.2 published!

Read the first message of the thread:  https://smartforexexpert.com/index.php?topic=542.msg797#msg797

15
SmartForexExpert EAs / Re: SFE Stealth EA
« on: December 19, 2019, 09:28:16 PM »
Hello.

I was checking and i didn't get the bad GBP trades few days ago on Stealth.

I did not bother to update to the newest version so i still have the old version.

I did get the bad NS trades though but on mimimum risk so no worries.

BUT just to let you guys know. Maybe this was only the new Stealth version that took these trades, for me on the old version everything was good.

Perfect! the same on my private accounts, because I still didn't get time to update the version! I did connect GBP the same day of the big drop, was for the version 1.1, in 1.0 still was disconnected. And I have made a good advance in the new version 1.2 with the 'safe mode', then, we can get something of this.

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