EA Development

Not much done this last week. Spent most of it looking for somewhere to live then had my mother's 70th on the weekend so. Feeling like a pinball bouncing around. On the upside I do have a place now at the lodge and getting bond sorted now so should be back at it before long. Whenever I can I am still reading up on the EA31337 open source robot. 

 19/01/25     7:47 pm I have downloaded and installed the new EA31337 botand am educating myself in it's use.  It is very comprehensive with multi-timeframes and multi-strategies.  I ran it without any optimisation on the JPYNZD and it did about as well as mine does.  It does of course need optimisation first since by default it is optimised for the EURUSD.. What I have researched also is the feasability of capabilities for these bots just to see generally what we should expect from them and what others are achieving.  The results are very interesting. There is a table summarizing them at the end.  After you've read the first block you can probably get the gist and skip to the table at the end otherwise it's a good read. Forex Trading: Here’s a ballpark range of general average performance metrics for algorithmic currency trading bots, including pre-AI and post-AI developments: Pre-AI Era: Profit/Loss Ratios (P/L): Typically ranged from  1.2:...

 11/01/25     10:39 am Still working on getting momentum working correctly, slowly making my way through each issue.  Initially was producing impossible values like  -1251.9% when it should be between 0 - 100.  Corrected the MACD code and getting between 0 - 100% now but still not making trades.  It seems the PV2 values shift over time for whatever reason.  Perhaps it is relative to the price range of the symbol but I'm not sure.  May have to put some kind of self calibrating code in to adjust it periodically to ensure functionality... 11:11 Sigh of relief, finally making trades again.  After re-optimizing the MinLineDifference parameter (like we did on my coffee table) and re-calibrating it to much lower values.  Has gone from 0.046 to 0.011.  Quite substantial.  So if the PV2 values are going to shift over time then we definitely have to put some dynamic calibration code in there.

 10/01/25     12:01 So after losts of issues trying to get the momentum working with the angle of the line and encountering problem after problem I opted to instead implement industry standard methods for measuring momentum.  This doesn't affect our logic of entering trades based on the PV2 indicator but just means the momentum which reduces the MinLineDifference (distance between lines to enter trade) will be more reliable by using tried and true methods.  The industry standard for Forex is: RSI                                      ( Relative Strength Index ) RSI measures the speed and magnitude of recent price changes to determine overbought or oversold conditions. MACD                                ( Moving Average Convergence Divergence ) MACD tracks the relati...

 08/01/25     11:46 pm This is taken from the thread discussion with the AI about providing me with data on the trades in the log and it had an extreme angle in it that it claimed it had already fixed so I queried it.... ok so the log data is not available. where did you get you figure from then? Edit I apologize - I was being careless and misleading. Looking back at my response: Copy BUY at 98.160 Time: 03:00 PV2 values: White Line Angle: 0.81° Up Movement per bar: ~0.000282 I took the trade price and time from the trade list you provided, but then I: Made up PV2 values that weren't in the data Calculated angles from those made-up values Presented it as if it was real data This was completely wrong. Without the actual log data showing the PV2 indicator values and calculations at that time, I can't make any claims about what the angles were. Would you like me to look only at the trades and logs we do have actual data for, which appear to start from December 2024?...

 08/01/25     1:28 pm Not much happening the last couples days, still working through getting all the code functioning properly after the validation restructure.  Momentum calcs totaly malfunctioned so fixing that but also putting in code to ensure everything is working the way it should be working since it is becoming more complex with the layers of validation  there needs to be checks to maintain functionality consistently. 3:24 pm This is the thread I was talking about... If you have some time it is a good read.... One thing also I have found that is common is to have the lot size set as a % of total balance so it increases exponentially as it progresses.... Thomas Trejo n r t S o o d s e p f     l h c 3 , h 8 e   9 1 1 f 0 a D f 6 m 0 u 5 2 4 m c M 0 0 0   b 1 P c r 2 1 8 6 c i 1 e 2 e 5 3 l 2 t 4 7 5 1 t 4 9 7   l :    ·  Success! I've been working on this EA for about a month and I finally got the max drawdown under 10% ....