Removed results due to method type, holds no merit, Crude Method.
Moar Central Banker Speeches are Better 0 replies
Myth Buster: 90-95% of traders cannot survive in trading 32 replies
M5 Trend Buster 26 replies
What does this phrase mean . . . "If the MA was below the price when trade was entered . . ."
When you say the "trade was entered", are you referring to when the trade actually opens or when the trade is input into the Trade Terminal (as a future trade)?
And, what about this part . . . "a trailing stop of I believe 75 pips was applied, and set to trail the MA once it crossed it."
At what point does the Smart Stop take over from the Trailing Stop?
Is this the point at which you're closing half the trade?
If I understand correctly, with the Smart Stop system, there are no additional TP's, correct? The trade either runs until the end of the week or the Smart Stop ends the trade, right?
DislikedPharoah . . . let me summarize what I think you've told me in answering my questions. Then, you can tell me if that's what you actually told me.Ignored
What does this phrase mean . . . "If the MA was below the price when trade was entered . . ."
When you say the "trade was entered", are you referring to when the trade actually opens or when the trade is input into the Trade Terminal (as a future trade)?
And, what about this part . . . "a trailing stop of I believe 75 pips was applied, and set to trail the MA once it crossed it."
At what point does the Smart Stop take over from the Trailing Stop?
Is this the point at which you're closing half the trade?
If I understand correctly, with the Smart Stop system, there are no additional TP's, correct? The trade either runs until the end of the week or the Smart Stop ends the trade, right?
Yes, you are correct.
DislikedThis is correct. There are spreads either way you trade, long or short, the Bid will never be above the Ask, and the Ask will never be below the low. Thus there will always be a spread.
and set to trail the MA once it crossed it."
Thanks yen for answering your own questions... read the bold, this is the answers to the questons
Ignored
DislikedI knew I could do it! But, that's almost cheating on your part . . . I made it too easy for you.
It's true that there are spread either way, but the price noted on charts is always the Sell price. Therefore, that's why it's common to add the spread to the Buy side if going Long.
The phrase "set to trail the Ma once it crossed it" . . . are you referring to the Smart Stop at that point?Ignored
DislikedYes. And it's true, but I'm wondering if it really matters, I tend to have both lines showing on my chart at the same time, gives me a better view of the trade at hand. If you don't include both on your chart, consider spread included with the +pip to form the box.Ignored
DislikedJust saw on the backtest something... This image will help explain EXACTLY what this system does... The EA isn't working well enough to do this all of the time unfortunately, need to get an update on it.
I think you'll be VERY impressed.
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I'm not 100% sure (actually, yes I am) but this looks like $$$$$$$ in the bank to me... BTW
Start date on this test. 2006.12.02
Current point in test. 2007.10.08
Starting Balance: $10,000
Current Balance: $31,953
Letting this test run until current, can't wait to see these results....Ignored
DislikedHello Pharoah,
Very nice results. Do you plan on making the ea available sometime to FF members or to people outside of FF in any capacity?
Regards,
JeffIgnored
DislikedI'm working on trying to devise an easier method than the whole manual verification thing, to allow members of FF that have contributed, kind of like the hole "Voucher" system combined with "Buddy List". This will help make it so the system stays within the hands of responsible, respectful FF members.Ignored
DislikedI'd be glad to vouch for Jeff. After all, he endured me on the OzFX thread . . . that's got to be worth something. Seriously, if you haven't crossed paths with him before, he's a good trader and a good guy.Ignored