I find something like daily95 pips but another high and low level
http://www.forexfactory.com/showthread.php?t=51365
http://www.forexfactory.com/showthread.php?t=51365
DislikedHello rswamy4449,
The reason that some orders are canceled is because when the stops in one direction are triggered, the stops in the other direction are canceled. Example, if the BuyStop Pending Orders are triggered, The SellStop Pending orders will be canceled (or deleted).
Hope this helps!
Have a Pipfull Day!Ignored
DislikedI've been using the EA since Nov.2nd on the USD/JPY, EUR/JPY, and GBP/USD and AUD/USD Daily Pips EA and I'm up +275 pips net profit so far. The Piazza method EA has brought me in +280 in the same time period and the QBOT EA from the forex-tsd forum for another +150 pips. Total from November 2nd to November 9th. +705 pips profit. Life is Good. ParisIgnored
DislikedI got 3 private messages for the EA's I'm using. I can't reply because I have less than 15 posts. So I'll post here. All the EA's I've been running I've only started testing Nov. 2nd so it's too early to tell yet if they'll be successful. I'll see where everything stands at the end of November. I made +705 pips on my home computer and exactly +400 pips at my work computer since I've started using the 3 eas since November 2nd. The settings are the same but I'm using different brokers. The one at home is North Finance and the one at work is FXDD. So far it looks real good. The EA's don't over trade and it's really easy to stay on top of it. I'll keep everyone updated. Qbot is posted at forex-tsd forum and the Piazza method EA is my own creation using a newly devised EA. ParisIgnored
DislikedHere are the IBFX results for today:
EUR/USD = No Trades Activated
USD/JPY = SellStops Activated
Order #1 = +15 Pips
Order #2 = +30 Pips
Order #3 = Break Even
EUR/JPY = BuyStops Activated
Order #1 = +15 Pips
Order #2 = +30 Pips
Order #3 = +50 Pips
Total: +140 Pips / +$124.63
Week Total: +170 Pips / +$174.97
Please Note that I run the expert with set lots of .10 on a standard account with no trailing stop for test purposes. I also run a separate expert for each pair with the EAMagicNo changed for each pair. This is just my way of doing it. It is a very complicated expert and some have stated that it is not opening the correct amount of pending orders while using the same expert on all pairs at the same time.Ignored
DislikedI find something like daily95 pips but another high and low level
http://www.forexfactory.com/showthread.php?t=51365Ignored
Dislikedhave you tried it with the same magic number as a load and go and seen any differences in the trades compared with changing the magic number for each??Ignored
Disliked
Mike - your daily results probably go back farther than anybody else's. Do you have a breakdown as per the day of the week or a way you could easily compute it? I am curious to know if for example, Tuesdays are more profitable than Fridays. Maybe there is a trend there we should be paying attention to.
I also wanted to make sure and point out the obvious - just in case. Even the best systems will have their draw downs. Responsible money management is the difference between investing and gambling. Without a plan in place, the market will get you. It may not be today or tomorrow, but it will happen.
Thanks again everyone.
TimIgnored
DislikedThanks mikelath for posting this strategy. Thanks primer for the brilliant ea. Thanks all the other contributors for your contributions to this thread. I have read the first 20 pages and last 10, and will catch up on the pages in between now that FF is back on line.
I have already done my first +203, within three-and-a-half hours of the ea setting the first orders. Fantastic. I know there will be losing days, but the results you have all been getting speak for themselves.
This is my 10th month of surviving, just, in Forex. I have made and lost money, mostly lost. I have been learning and gradually become aware of the importance of Fibonacci support and resistance points. I am a looooonnnnnnng way from expertise, so I make this contribution with due deference to more experienced traders.
I used Fib s\r to adjust the EU third order tp. The attached image shows the tp as set by the ea to slightly below -61.8, a major support. There is every chance that a price will rebound from this, so I set my own tp a couple of pips higher. As things turned out, the price broke the barrier so I lost a couple of pips; another day I might have saved myself some profit.
I also checked that the stop losses were not affected. For example, a sl on a sell just below a resistance point could save the trade if moved beyond that point. The negative is that I could lose a few more pips if the price continued rising, but the image is a great example of s\r at work.
After the thick red candle, there is a faint, hard-to-see thin green candle where the price spent an hour bouncing between -23.6 and -50 before finally making up its mind and falling later on. You will need to enlarge the image to see the candle.
I offer these thoughts as a possible refinement for those able to monitor the positions once the ea has opened them. I have attached a great Fib indicator, courtesy of Spud, which shows the s\r points in detail. It is worth changing the colours to white to make it more legible.
Good luck everybody. I am putting the ea on my live account in time for tomorrow, so expect the strategy to begin failing instantly.
Ignored
DislikedI really like your idea of using Fibs (I'm a fan of them too ). Do you compute them just between day's high and low?
Tell me about your tests using this modification, I might incorporate it into the next verion of EA if it's successful.Ignored
QuoteDislikedBe warned that the current version of EA shouldn't used with live accounts, it's still not reliable enough. However, if you decide to use it anyway, at least do more demo testing to be comfortable with it.
Pr1mer