Been looking back at my losses. I have not traded this ea since 12-29-10 a loss... I went back to May 2010 when I started. I put this indi on the chart
(see http://www.forexfactory.com/showthread.php?t=274194 for how indi works)
For each and every loss the PA was at the wrong side of the outer bands of the TMA for example the pa was at the bottom (dotted green line ) and a sell order was placed and it went the other way. Same with a pa at the red dotted line a buy went wrong way.
I'm now checking on winning trades to see what is happening. This will take some time but I will get back to the thread with results. This could be an extra filter that I manually could use. Not sure if it could be programed into the bot.
This bot has made me a lot of money but I've had some rather large losses since August. The 12-29-10 was the last straw. But I like how it works when it is working. Overall I'm up about 200% since May even with the losses. I was trading Tokyo and London sessions on 2 different brokers.
SO I had at least 3-4 trades a week. The problem is after a loss it takes 2-3 weeks to get back to where you were. 10-7-10 10-25-10 11-1-10 12-29-10. These were loss dates So it has been mounting and I've lost confidence in the EA
But maybe there is something here
PS Geoff you need to put your old pic back when I see the current one I think I'm in the wrong thread lol
(see http://www.forexfactory.com/showthread.php?t=274194 for how indi works)
For each and every loss the PA was at the wrong side of the outer bands of the TMA for example the pa was at the bottom (dotted green line ) and a sell order was placed and it went the other way. Same with a pa at the red dotted line a buy went wrong way.
I'm now checking on winning trades to see what is happening. This will take some time but I will get back to the thread with results. This could be an extra filter that I manually could use. Not sure if it could be programed into the bot.
This bot has made me a lot of money but I've had some rather large losses since August. The 12-29-10 was the last straw. But I like how it works when it is working. Overall I'm up about 200% since May even with the losses. I was trading Tokyo and London sessions on 2 different brokers.
SO I had at least 3-4 trades a week. The problem is after a loss it takes 2-3 weeks to get back to where you were. 10-7-10 10-25-10 11-1-10 12-29-10. These were loss dates So it has been mounting and I've lost confidence in the EA
But maybe there is something here
PS Geoff you need to put your old pic back when I see the current one I think I'm in the wrong thread lol
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TMA.mq4
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