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blue boy system 35 replies

new boy 10 replies

100 x 80 EA oh boy

Please anyone help me...
Bob, or other expert, have you modified 100x80 EA become fit into 5 digits broker?
As far as I try, I can't find 100x80 EA 5 digits version...

Thanks a lot before.
hi
i notice the magic no of each pair is either 222777 or 222888, do we need to change to different magic no for each pair fx? anyone can tell me what is the min amount i need to trade ibfx mini (currency with "m") 5 digits account?

regards,
Quoting footy
hi
i notice the magic no of each pair is either 222777 or 222888, do we need to change to different magic no for each pair fx? anyone can tell me what is the min amount i need to trade ibfx mini (currency with "m") 5 digits account?

regards,
No you dont need to change the magic number with each pair. The magic number will be attached with each currency pair and that will distinguish the difference with each order. The different currency pair orders will not be mixed together, they will be treated separately.
good ea!
Have a good day!:thumbsup:
Signing up.

Lenoxer
Quoting Lenoxer
Signing up.

Lenoxer

This is a hedging EA which we are no longer able to use in the USA
Quoting nanningbob
This is a hedging EA which we are no longer able to use in the USA
I think there might be a solution to the "not being able to use hedging" problem - if there are two trading terminals open. One of them is designated for the SELL orders and the other for the BUY ones. That way hedging is avoided. Everything else stays practically the same.
...Just a thought.

K
A person is smart. People are dumb.
Quoting krisko1989
I think there might be a solution to the "not being able to use hedging" problem - if there are two trading terminals open. One of them is designated for the SELL orders and the other for the BUY ones. That way hedging is avoided. Everything else stays practically the same.
...Just a thought.

K
You are are replying to 2 year old post.
Anyway, Bob has moved on to greater things as you can find from Systems section..
"Put all your efforts in becoming effortless"
Interesting topic...I've thought of this kind of stuff before but I'd love to do some number crunching in Excel to get an idea as to the distribution of directional moves before trading it.
Quoting Dighi
Interesting topic...I've thought of this kind of stuff before but I'd love to do some number crunching in Excel to get an idea as to the distribution of directional moves before trading it.
Dighi,

How do you get the distribution of directional move in Excel ?

Regards
Quoting surfeur
Dighi,

How do you get the distribution of directional move in Excel ?

Regards
1. Choose your time period
2. Download the candle data into an Excel spreadsheet
3. Find percent change between open and high or open and low (for up candles/down candle respectively)
4. Graph a distribution of these returns using Excel's analysis toolpack
5. Choose a percentile (top 5%, lower 5%) and isolate these candles
6. Find the percent change from low to close/high to close (for down and up candles respectively)
7. Now you can say with moderate confidence if your system has a statistical edge...use statistics to determine confidence.

Good book - Trading Systems that Work

http://www.amazon.com/Trading-System...7741974&sr=8-1
Dighi,

Many thanks.

You have a screenshot of a example ?

Regards.

Quoting Dighi
1. Choose your time period
2. Download the candle data into an Excel spreadsheet
3. Find percent change between open and high or open and low (for up candles/down candle respectively)
4. Graph a distribution of these returns using Excel's analysis toolpack
5. Choose a percentile (top 5%, lower 5%) and isolate these candles
6. Find the percent change from low to close/high to close (for down and up candles respectively)
7. Now you can say with moderate confidence if your system has a statistical edge...use statistics to determine confidence.

Good...
Here's a distribution of the S&P 500 weekly returns for the past 18 years. This shows you that huge events, like what your strategy is trying to capture, happen at the "tail end" of the distribution. The height of the distribution shows frequency and the axis shows the size...notice how +- 10% weeks rarely happen, but they do happen.

I then did a study to see what the difference between the high and close and low and close was for those candles to see if profit exists. My question is: when price goes one way strongly, does it retrace or does it close at its highs/lows? After doing some quick Excel work I found that in the S&P 500, on days in which price is outside of the normal distribution, there is a profit potential of 13% should you trade counter-trend.

Basically what I'm suggesting is make a distribution of returns for the forex markets - use Excel data analysis toolpack and click 'histogram'.
-When you have a distribution, then find the events at the tail ends, which is what your strategy is - trying to trade against the trend at the tail ends.
-Then study those days where it moves like this and create a trading strategy based on it
-No indicators here - pure statistics and history

I have tested this method and it is completely and utterly useless !

A complete waste of time.

What was NanniBoob thinking?

Oh wELL back to the drawing board !
Recovery (Martingale) ;) trading is for losers.
Quoting Dighi
Here's a distribution of the S&P 500 weekly returns for the past 18 years.... [/IMG]
Interesting stuff, Dighi I am currently trying to implement this on an excel sheet.

I have noticed that the most important factor in this strategy is retracement - not so much the volatility of a pair as previously posted. A highly volatile pair such as GBPJPY could make daily movements as big as 1200 pips (6.may.2010), as long as that price moves back enough for you to close you higher level trades you are in the game.

And by saying "in the game" you could see what I mean by that in my next post...
A person is smart. People are dumb.
Quoting bluesteele
I have tested this method and it is completely and utterly useless !

A complete waste of time.

What was NanniBoob thinking?

Oh wELL back to the drawing board !

Bluesteele, could you please explain why this strategy is "utterly useless" by adding screen shots or showing us what went wrong, so that we could all benefit from your experience. I'm asking for this because so far the strategy is working pretty well and I'm trying to analyse what must happen in order for the system to fail (nothing so far).

I am posting a 5 week statement on a real Cent account with 100eur (10000 eur cents) deposited on 18.september.2011:

Attached Image (click to enlarge)
Click to Enlarge Name: 5 weeks.jpg Size: 129 KB
A person is smart. People are dumb.
Everybody is welcome to go check my Trade Explorer and see the proof:

https://secure.forexfactory.com/profile.php?do=explorer

... Or you could just check the same MT4 account at mt4i.com:

http://www.mt4i.com/users/krisko1989
http://www.mt4i.com/users/krisko1989/stats
A person is smart. People are dumb.
I've just found this awesome nanningbob's thread. The concept is just brilliant, and the help and contribution other guys provided to the thread is definitely an example to be followed.

I have not yet tested the method because I want to finish reading the whole thread before I start demoing it, but I do have a question for those of you who are trading this method nowadays.

Due to the low volatility in past months/years (compared to when the thread started, in the eye of the hurricane in 2008), how's the method doing with the original settings ? =)
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