A trade just executed on V8 (default settings).
- | Joined Mar 2011 | Status: Born to Rule my World. | 607 Posts
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DislikedHi All
Thanks Seller9 for this EA.
I have been testing this for a couple of weeks but seem to be getting more losers than winners. I have counter trend set to no does anyone have a set file of what the best settings should be ?
ThanksIgnored
DislikedI am getting a trade or 2 per day. As long as I don't restart the ea until the next candle they usually close out in profit. I have the setting to use tdi cross for close. I also have a jumping stop loss after breakeven plus ten. So when I'm ten pips up the stop loss is moved to breakeven plus 3 and the jumping stop moves every 3 pips. So far this has worked pretty good.Ignored
DislikedBest to ask yourself why they these trades are failing, I found that early on my SL was too tight. Try increasing the factal offset to 20 or setting a standard SL e.g. 100. Are winners turning into losers? try turning move the SL to BE on or setting up a trailing SL.
Also which version are you using (v8 is recommended) - more detail would help.Ignored
DislikedDo you know where I could find some documentation about how to set the jumping stop ? Or if you are kind enough to explain them ?
appreciate your help !Ignored
DislikedKwchau,
attached is an EA that can perfom those function you require, just that is an EA and not sure if you can have two EA on the same pair at the same time. Check it out and all details about it is also attached and the thread where I got from are all included.
I will still like to see how live2wrshp does his and what settings he uses. Kw... I just noted that you may already have this tool from the same thread it came from so lets see if live2wrshp's is better.
Thanks
Just my two Cents.Ignored
DislikedThanks 2scoops, I have the settings as default with countertrend=false. I am getting stopped out when price retraces slightly so my stop must be too close. I have set all stop loss setting to 0 which I believe will place my stop at the top/bottom of the candle 2 prior to the entry candle.
Would be great is at some point someone could post an explanation of all the parameters and what they affect they have, I have looked through the thread but can't find anything. A user guide would be useful.
This looks like a great ea, just need to get the...Ignored
DislikedKwchau,
attached is an EA that can perfom those function you require, just that is an EA and not sure if you can have two EA on the same pair at the same time. Check it out and all details about it is also attached and the thread where I got from are all included.
I will still like to see how live2wrshp does his and what settings he uses. Kw... I just noted that you may already have this tool from the same thread it came from so lets see if live2wrshp's is better.
Thanks
Just my two Cents.Ignored
DislikedDo you know where I could find some documentation about how to set the jumping stop ? Or if you are kind enough to explain them ?
appreciate your help !Ignored
DislikedWell I don't know that I'm qualified to give you the best explanation as I just started using it myself.
The way I have it set is this
Breakeven=true
Breakevenpips=10
JumpingStop=true
JumpingStoppips=5
AddBEP=true
JumpAfterBreakEvenOnly=true
That is my settings regarding the breakeven and jumping stop
The way I understand it is when I am up 10 pips a stop is placed at breakeven plus 3 pips. Then every 5 pip move the jumping stop jumps up 5 pips with it. It has been pretty good so far but it has cost me some fairly nice moves...Ignored
DislikedThank you, live2wrshp.
Do you have any idea about PipsAwayFromVisaulJS and PipsAwayFromVisaulBE ?Ignored