Hi guys

Have any of you played with the spangator setting on FAPS?
I noticed that if it is set to 0.2 and short only in a downtrend it tends to be very profitable with low draw downs.
and
if spangator is set to 2 and set to long only in an uptrend it tends to be very profitable with low draw downs.

This works best with MA control set to 0

Only problem is, if there is a reversal, FAPS continues to trade in the wrong direction??

What is the best method or custom indicator to identify the end and beginning of a trend fairly early??

Is there a way to stop faps from trading should the trend change??

If there is Faps can be setup on 2 charts one to trade long and the other to trade short only.

Any ideas

Goku

I don't think I would set my MA to 0, I think that would be asking for trouble. I have never even tried back testing that so maybe for the hell of it I'll give it a try.

Your MA setting is a good indicator to tell FAPS that the trend is changing.

Open up another EUR/USD chart and set that one to sell only so you can set different settings than the settings you would have for sell and buy.

__________________
Patience is a virtue
"May the pips be with you"

Hi Mystic

You are correct these settings work even better with MA=1, but it still bombs out when the trend changes. Any ideas on how to determine when to switch between long and shorts.

Span gator set to 1 works very well in a choppy market but not so good when the market is trending

Thank for your info.
Have played with the span gator settings yet?

Try changing your MA to like 25, or 34 and backtest that . You might get a lot better results than with an MA of 1.

__________________
Patience is a virtue
"May the pips be with you"

ma=1 simply turns the ma on. I dont think he meant an actual ma of 1.

Span Gator:

Is the difference in pips between the first and second Alligator line, the Lips and Teeth. If the difference is less than the set span, 0.5 pips, or 0.9 pips, then the system wont open the trade.

Considering how lagging this indicator is, smoothed and shifted, I dont realy see the benefit. Most of my testing shows a better result with less span. Losses are the same, but more orders and more profits.

According to the FAPS user manual the Span Gator is the same as a trailing stop ??? I dont know how they figure this, but its not obvious. Changing the span doen not seem to affect closing orders in any way. Even when the system takes a profit or loss on its own the Alligator positions seem irelevant.

I have done a lot of testing the last couple of weeks, and I tested the span gator alot. I made a log to kind of show the results as soon as I figure how to post a link here I will post the logs

(once posted if there is any test u want done, or you have any idesa of other test that should get done please let me know)


Thanks to all that help so much on this fourm u guys have been huge in helping me with tradeing. so thanks.


Dustin

Have you figured out how to post the results yet? You can always try to copy/paste your results in the thread. Or try putting up a screen shot.

__________________
Patience is a virtue
"May the pips be with you"

I done some backtest and noticed that spangator set to 3 in 1 min TF chart could make a lot of different.

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LiteForex - MT4 forex trading platform, low fixed spread.
MoneyDreamAi EA Forward Test Result

Have you figured out exactly how the Span Gator is calculated? I know its the minimum distance between the Alligator lines allowed for a trade to be entered. But is it simply the difference in pips, as I suspect? And if so, limiting trading to only times when the span is 3 pips wide or wider could really limit trading a lot. And is there really any benefit when it comes to the net profit/loss? All my backtesting showed better results with less Span filter.