DislikedIs higher timeframe better?
EU m15, short
Thanks for the heads up re EA. Obviously, I am a total newbie in EA. I thought it is the "answer" hahahahaIgnored
WRB/MC strategy:Coder needed to semi-automate my strategy 11 replies
strategy builder/tester for new scalping strategy 1 reply
Is opposite of losing strategy a winning strategy? 21 replies
Anyone know a good forex trade Strategy used on Metatrade? 13 replies
Anyone have good FOREX trading strategy 3 replies
DislikedIs higher timeframe better?
EU m15, short
Thanks for the heads up re EA. Obviously, I am a total newbie in EA. I thought it is the "answer" hahahahaIgnored
DislikedIs higher timeframe better?
EU m15, short
Thanks for the heads up re EA. Obviously, I am a total newbie in EA. I thought it is the "answer" hahahahaIgnored
Dislikediamnoel, I think H-1 is much better than M-15 and M-30. Of course, I need to demo it for a little while.
And don't pay attention to the EA results: your system is a very good system, we just have to avoid flat - like any system.Ignored
DislikedWith all the posting over the weekend , I am a bit lost as to current setup. We are going with 2 nonlags for confirmation.
Candle time and market price just informational.
But is the Alf also incorporated somehow as a filter and how so?
Sorry if I missed that post.Ignored
DislikedStif...
the weekend was a busy time for this thread. it was suggested by (I forgot) to help with longer term trends to use 2 nonlag's, one for 21 and one for 84 the 84 representing the hour.
it does help in making a determination on a 15M potential trade whether one wants to go against longer term trends.
Alf was also introduced by someone. many of us on this thread were regulars on the alf thread, and we all like the alf indicator. so, all these just help with filtering possible trades.
hope this helpsIgnored
DislikedMaybe over the next few days, EllisEdi can find some time to work on V2.
I really think, sad to say, after doing some more EA testing on EU on different TF, for 2010, the original system seems to lose more than it can win.
Maybe with NonLagMA 84 as the filter/trend, this will fair better.
Right now, the idea for v2 is like this:
OPEN TRADES
BUY
- if NLma21 cross above NLma84, AND
- if NLma21 has the same direction/color green as NLma84
SELL
- if NLma21 cross below NLma84, AND
- if NLma21 has the same direction/color red as NLma84...Ignored
Dislikediamnoel, as far as I understand, EA trades 24 hours per day, 5 days per week. A trader usually trades during active hours, like London open, NY open etc. I don't do any EA testing because I don't believe it could be close to manual backtesting. Is it possible that EA makes money during active hours and loses money during passive hours? I think so.
Is it possible to make EA trade during active hours only? Then we would be able to get some reliable results, something close enough to a real life trading.
And another thing. You do all the testing...Ignored
DislikedFYI,
The EA's I have posted here all include a UseTradingSession indicator. when it is set to true then the EA will only open trades during the hours in the variables (StartTradingHour:StartTradingMinute through StopTradingHour:StopTradinMinute). You can then use the EA on a different chart (change the UniqueEANumber) with different active hours in order to trade multiple Sessions.Ignored
DislikedStif...
the weekend was a busy time for this thread. it was suggested by (I forgot) to help with longer term trends to use 2 nonlag's, one for 21 and one for 84 the 84 representing the hour.
it does help in making a determination on a 15M potential trade whether one wants to go against longer term trends.
Alf was also introduced by someone. many of us on this thread were regulars on the alf thread, and we all like the alf indicator. so, all these just help with filtering possible trades.
and Syahmi was kind enough to post the pivot indicator's,...Ignored
DislikedI also prefer the higher time frames that reduces whipsaws,but if trading manually what do you think would be a good hard stoploss for this system cos this morning i got whipped out cos of a 15 pip stoploss, which would not have been so if I had used a bigger hard stop.Ignored
DislikedI just read your post below and made the v2 EA so that you can test the new strategy ...
Changes include
***** Entry when both NonLagMa's are in the same direction and FastNonLagMa crosses SlowNonLagMa (closed Candles).
***** Removal of programatic closing of trade. The defaults set a StopLoss and a Take Profit to take you out of a trade. You can also manually close trades.
Otherwise same basic features as before ...
//---------------------------
//-----Notes----------------
//---------------------------Ignored