GJ setting up, any takers?
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DislikedOk working on the EA now, got most of it functional. Just some testing. on EUR/USD. Its definently profitable for longs (last 2 years)
Just need to add the filter for the within 15/50 ema check.Ignored
DislikedWell guys & girls, since posting up the strategy less than 24 hours ago, I cannot believe the positive feedback that has been posted on this thread, and it is very much appreciated.............. Long may it continue.
I'd like to think that anything constructive relating to this method of trading would also be posted on the thread.
If people do have the time to try and improve the strategy then that'll be great for everyone. Examples being:- Would trailing stops work better than fixed TP etc etc.
Personally I'm overwhelmed with the positive...Ignored
Dislikedtriptizine, your 101% dedication towards e thread, is out of e world. i cannot do anything, but to give u my 2 thumbs up for your effort!!
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DislikedThanks buddy. More interested in the theory. Its got merit. The EA (will) trade, but I wouldnt recommend it.
Its more for a manual notification system. It still needs a lot work.Ignored
Dislikedyeah, i only trust manual. since you're doing e programming, can u be as kind to allow e 100 PIPs SL to be a variable? cos i feel adjusting e 100 PIPs SL to maybe 50. but i don't know how to program. Once your EA is out, i can amend 100 to 50 and start e testing.Ignored
I have posted the ea to get people to think. See how you go.
It is profitable under certain conditions, it appears money management, stop loss, and trailings are the keys. But it does pick a good trend.
DislikedYes orange baboon definitely rocks.
Thanks to ronnierott for posting this method.
ronnierott, it would honour me if you used this image as your avatarIgnored
DislikedWould any one think this system would work on longer time frames, particularly on D1. If so, any suggestions for adjustment to the H1 rules?Ignored
DislikedOk, so here is the ea, its very early days for the ea mind you. It will trade. Be mindful of this.
Basic conditions at the moment:
Lot size is locked - AccountFreeMargin()*1/1000)/10
These all work:
Stop Loss
TakeProfit
TrailingStop
TrailingStep
BreakEven
All work, if you have a 5 digit broker it needs to be 1000 for 100pips.
No guarantees on my behalf. This was just to take a look at the theory and see if I can EA it. I am still learning, and this code has been modified from another...Ignored