Re: HI Rick about mbc

[Rick Drake]

That's really interesting...  Is it a good quality data that gives you at least 90% backtest results? 2 losing weeks is not half bad for completely restarting the system each week and forcing it to close out at the end of the week... Are you going to do a forward test with it? I can certainly program this in... it sounds really interesting to me and should be interesting to see the results in a forward test. I'm also including the google group in this discussion as I think others would be interested in the concepts as well.

Would you mind posting your set file as well?

Thanks

- Rick

On Sun, Jul 14, 2013 at 6:52 PM, cecil landes <cecil...@gmail.com> wrote:

I have been working with power sets in eu with ep of15 and 60 tp starting at the begining of the week and end of week from July 2011 tell nov I toke two losing weeks but I am still way ahead of the game I have been about 10% a week with a set of 24 levels and a breakout heg I really think this would help I have seen it a couple of time with the market that if you jump ship and start over fresh

On Jul 14, 2013 9:35 PM, "Rick Drake" <drak...@gmail.com> wrote:

Hello Cecil,

Sure that's possible. However, I would be hesitant about this because it could force you to take a huge loss if a basket had moved against you and you then closed it out at the weekend...

- Rick

On Sun, Jul 14, 2013 at 4:17 PM, cecil landes <cecil...@gmail.com> wrote:

HI Rick I really like mbc and I like the new idea but I still would like to  keep mbc if you don't mind the thing with mbc that I would love to see is a function that would close all trades on Friday say at 5 min before market close or what ever user puts do you think this is possible because it seems like if you do this and start over on sunday it seems to work better if you are in a trend  please reply back

[Mark Suddens]

HI Cecil

Sounds like impressive results you are getting. Were the 2 loosing weeks significant in terms of the average winning week?

I generally try go flat or close everything down over weekend. I usually set Open New Trades to false about 24hrs before market close, But sometimes I have already hedged  positions that stay open.

It would be interesting to see if you get similar results on other pairs - but I guess very slow to backtest 1 week at a time. Only really possible if rick could add the weekend closedown function

Be happy to help BTesting if you want

Cheers Mark

---

From: Rick Drake <drak...@gmail.com>
To: cecil landes <cecil...@gmail.com>; margrids-b...@googlegroups.com
Sent: Monday, 15 July 2013 3:00 PM
Subject: [margrids-battle-chest] Re: HI Rick about mbc

That's really interesting....  Is it a good quality data that gives you at least 90% backtest results? 2 losing weeks is not half bad for completely restarting the system each week and forcing it to close out at the end of the week... Are you going to do a forward test with it? I can certainly program this in... it sounds really interesting to me and should be interesting to see the results in a forward test. I'm also including the google group in this discussion as I think others would be interested in the concepts as well.

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[Maria M]

Hi Rick

About MBC vers 2D news server, just noticed that if you restart MT4 the news events change as well as trading times.

The Mt4 that hasn't been restarted still has USD Federal rate decision to resume trading in about 11 hours. The Mt4 that has been restarted has resumed trading and it's listing next news event: Non Farm, stop trading in 5 hours.

Both Mt4 are with the same broker.

Not sure what is happening.

Regards

maria

[Syed Aoun Abbas]

So MBC has lost a track of the news event that has already happened... means MBC couldn't see past events .... that would be a problem linked to the news server feed itself or the way MBC gets the news info from it .....

Rick will be able to point out the exact cause !  :)

[Rick Drake]

When the system restarts... it simply looks for the next news event. It doesn't look into the past and see if you are still in the no trade zone of a past news release.

- Rick