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- wilkinson's trading system
my trading system discussion
- wilkinson replied Jan 8, 2011
Asaf, you left out the part where it says you need to provide the trading login and password to you In my opinion (and as far as I know, of many others) this is unacceptable.
- wilkinson replied Feb 16, 2010
Before anyone buys the EA, a guy on Myfxbook just connected his account which uses their EA! url I'll be watching it closely...
- wilkinson replied Feb 2, 2010
In terms of gain, the account is only 4% down, however it doesn't seem like the system is handling well: image I think it's because it's got caught right in the middle of a trend change, so the results are not encouraging. I'm still leting it run, ...
- wilkinson replied Jan 27, 2010
Not going well at all. I'm starting to work on a new version - will try to figure this out.
- wilkinson replied Jan 25, 2010
Yes, I definitely agree. The problem is knowing in time when the action takes place in which timeframe. My system uses currently 1 hour time frame, and some different MA's to simulate activity on higher/lower timeframes. On another note, looks like ...
- wilkinson replied Jan 22, 2010
Looks like the market can't decide where to go - so is my system
- wilkinson replied Jan 21, 2010
The account is not progressing as expected..but maybe it's because of the rapid move. I guess I should let it trade for a few weeks before jumping to any conclusions.
- wilkinson replied Jan 21, 2010
For when do you predict this move then?
- wilkinson replied Jan 20, 2010
And how do you know that if I may know?
- wilkinson replied Jan 20, 2010
Looks like it's indeed breaking downwards - the move should be pretty big and fast, so I will keep my eye on it.
- wilkinson replied Jan 19, 2010
I think we're near a major crossroads with the eur - it just might stop up trending and plumb downwards. My system might lose some money when the trend changes, but should make it all back and more when a new trend establishes.
- wilkinson replied Jan 19, 2010
Finally starting to see some movement. Although I've doubled the position sizing, it it still very conservative and I just might to increase it again. Closed another trade in profit.
- wilkinson replied Jan 18, 2010
Thanks.. No, it doesn't take into account fundamentals, just pure price action.
- wilkinson replied Jan 18, 2010
Ok, I'll be increasing the position sizing. The market is practically on pause, and it's like looking at paint dry - need to see some action!
- wilkinson replied Jan 18, 2010
Slow and steady wins the race! It might look like the progress is very small or non existent even, but I do have a rigorous money management scheme, so the risk is kept minimal, and there's plenty of room for mistakes. I have currently 3 buys open ...
- wilkinson replied Jan 15, 2010
The eur is dropping but the system still thinks the trend is upwards, so it keeps buying at different levels. Not too worried about the drawdown as with current postions sizing, it can withstand a trend change quite nicely (need to go over the ...
- wilkinson replied Jan 15, 2010
Ok, not much to report. The system is trading well for now, closed 4 trades; 2 for a loss and 2 for a profit. Overall it's up 0.06%.
- wilkinson replied Jan 14, 2010
You might notice I have both buy and sell positions at the same time - the algorithm "tries" every possible trend change. So even with a clear trend up, it will open a few sell positions down the road just in case it changes. I guess this is a kind ...
- wilkinson replied Jan 14, 2010
Just some more information of my system: By natural support and resistance areas I mean to the round numbers areas and the middle's 1.4000, 1.4050, 1.5000 and so one. Historic support and resistance are calculated by finding price bouncing in the ...