DislikedWhy you dont buy some hosting ? ? ? I have and its best solution. 20 USD monthly and im not worried i blow up my Pc or have huge electricity bills.Ignored
Grabbing the bull by the horns!
Need explanation on Good boy EA 0 replies
Lazy Boy Day Chart Strategy 35 replies
blue boy system 35 replies
new boy 10 replies
DislikedWhy you dont buy some hosting ? ? ? I have and its best solution. 20 USD monthly and im not worried i blow up my Pc or have huge electricity bills.Ignored
DislikedHi,
could someone point me to the safest pairs please,
I have used this on GBP/USD with some success (demo)
however I would like to try more pairs, maybe 5 ?
thanks,
Steve.Ignored
DislikedHi,
could someone point me to the safest pairs please,
I have used this on GBP/USD with some success (demo)
however I would like to try more pairs, maybe 5 ?
thanks,
Steve.Ignored
Dislikedthanks both, I will demo those, do they all use the same settings?
I will find the factsheet, must have missed it earlier.
Steve.Ignored
DislikedArnold, at the top right, click on the list of attatchments and the 7 year fact sheet is there. As far as them using the same settings, yes they do, if you're talking about the 100X80 EA. One thing you should know is that one of the SELL EAs doesn't work. It's the one that trades .01, and I recommend you use the EA that trades .02, and just change it to .01 or whatever amount you want to demo trade. Also, if you haven't you should study the entire thread.Ignored
Dislikedseems strange however, that they will all use the same settings,as they must have different characteristics.
EUR/GBP will not retrace as far as the least safe one will.
we could do with a way to work out average retracement values and adjust the EA accordingly, I will see if that is possible to do in Excel.
Steve.Ignored
Dislikedseems strange however, that they will all use the same settings,as they must have different characteristics.
EUR/GBP will not retrace as far as the least safe one will.
we could do with a way to work out average retracement values and adjust the EA accordingly, I will see if that is possible to do in Excel.
Steve.Ignored
DislikedYes I have been testing the same thing and I have decided to drop the GBP pairs before I go live trading. They have death traded this system 3 times now in the last 6 weeks and I feel the risk is too great to use them. Other than that I found the 100/80 profitable. I am doing one more test without the GBP and if it successfull I will do 1-2000 anywhere from .02-.05 depending on how my final tests go. I may also tweak the numbers a little first.Ignored
DislikedHi Bob,
I've been having mixed results with this EA the past week or so. It started off great (up over 35% in the 1st 2 weeks). The past week or so has been around break-even.
I discovered I was using a Standard account, so I opened a new mini demo account and began trading it the past week or so. So far it has a net loss for the week. I've been trading 5 pairs (AUD/NZD, CHF/JPY, EUR/USD, USD/CHF, USD/JPY) in the both of these demo accounts . Meanwhile my 35x20 AUD/NZD EA is doing great.
From what I'm reading, some others have had much...Ignored
DislikedHi Bob,
I've been having mixed results with this EA the past week or so. It started off great (up over 35% in the 1st 2 weeks). The past week or so has been around break-even.
I discovered I was using a Standard account, so I opened a new mini demo account and began trading it the past week or so. So far it has a net loss for the week. I've been trading 5 pairs (AUD/NZD, CHF/JPY, EUR/USD, USD/CHF, USD/JPY) in the both of these demo accounts . Meanwhile my 35x20 AUD/NZD EA is doing great.
From what I'm reading, some others have had much...Ignored
DislikedThe one thought that kills traders and makes them lose money is: I have got to make xx.xx amount of money every day or I made 500 yesterday I want to do it again today. That is very bad thinking. Some days this EA has given me 30 dollars and some days 900. You have to be satisfied with what the market gives you on a day by day basis. What you want is long term steady growth. You see your balance bigger than the carrying deficit and check the time of day, (do you think there maybe more). I tend to close most often before the USA session but if I...Ignored
DislikedI don't mind if I don't make a certain profit EVERY day. Even if I have an entire week of small losses, like I just did. My concern is that my results are different that everyone elses, so I'm thinking I have something wrong with my setup or the pairs I'm using. I'm in the US EST, so I typically open the EA when I get to work (around the US open), close it out when I leave work (around the US close), reopen it when I get home (around the JPY open) and let it run all night. I close everything when I leave for work (before the US open). I haven't...Ignored
Disliked[..]
I had one day in which all the currencies were 1 or 2 levels deep and two others were at level 5. Instead of taking the whole loss I just closed out the 2 currrencies that were deep and minimized my loss for that period. I went on to have a good day. Closing those 2 kept me from facing any big losses for the day.Ignored
DislikedI notice you are closing twice a day as a set schedule. That may not work best because the market does not neccesarily move or retrace in those time frames. The only thing I would suggest is to make sure you have the full range of the EA at the USA market open but other times it should handle any moves of the market. Try to learn to close at the retracements not a set time every day. If you are not deep in the hole keep the EA running or just close out and restart the currencies that are 3-4 or more levels deep.Ignored
DislikedThank you for your insight, Bob.
Basically I open and close the EA according to when I go to and come from work (I'm using a work laptop). I opened and closed the US session in an effort to try to isolate how the EA reacts during that time period.
I'm also opening and closing the 35x20 during the same times, but so far, it's been working great. I'm up over 11% in a week. Do you think closing twice a day is a problem for that EA as well?Ignored
Dislikedarnold49 brought up the point that different pairs have different characteristics. For instance, the 35X20 EA works better for the AUD/NZD than 100X80 would. He was going to try to do a spreadsheet. Is there any easy way to determine what might be better for eah pair?Ignored
DislikedI've looked into doing this in excel but it is a bit daunting, so I will try simply running the two EAs, one at a time thru the strategy tester and try to find optimal settings for each, I'll look into this when I get home tonight.
Steve.Ignored