“The harder you work, the harder it is to surrender.” - Vincent Lombardi
- #163
- Jan 28, 2012 11:05am Jan 28, 2012 11:05am
- Joined Mar 2010 | Status: Trader | 2,261 Posts | Online Now
- #165
- Jan 28, 2012 2:57pm Jan 28, 2012 2:57pm
I have gone to using the Real Close and Open prices as an Exit rule rather than the APB Candle Color change Close and Open exit because they do not agree and the color change gets you out one whole candle latter and in some cases turns a small profit on exit into a loss. See the image below and please post your comments as to what you think.
Attachment
i know i always said candle color change is better on M30 or H1 and higher TF's but i never tested the difference between them on M30 and lower TF's with normal candles.
Good Testing and explanations.
Don't forget Practice + Patience + Persistence = Profits
- #166
- Jan 28, 2012 3:01pm Jan 28, 2012 3:01pm
Guys,
Please find below my H4 results from this week - looks good.
The new set up is based on MA cross and I'm just still tweaking the perfect Trade Exit conditions - Max thanks for help with it !!
3 trades are left over the weekend as D1 and W1 candles look promising.
don't forget when you've finished your tweaking share the Set Files
, are you still on the TMS EA or you did the switch to ETB's EA ? Good Job tho and no problem for the EXIT Tips, glad it can help
Don't forget Practice + Patience + Persistence = Profits
Wow.. Jacob your results are better than mine now .. im getting jealous...
don't forget when you've finished your tweaking share the Set Files
Good Job tho and no problem for the EXIT Tips, glad it can help
Now I'm on ETB 1.03.
Will try also this week keep you updated.
The 130 Error is still making me fuss....
I'm sure Seller with sort it out soon.
take care Guys!
“The harder you work, the harder it is to surrender.” - Vincent Lombardi
i think apb candle tell that wait for reversal, if your new setting can exit for profit thats good and maybe your set can take next trade for reversal with auto restart on
like you said go for a quick profit with a quick exit rule works the best, why that trade didn't hit tp for quick profit? which tp you use?
if i meet this condition i just set tp for 2.2 atr, if not hit tp then close by 5ema or trailing, maybe got small profit or small loss for that trade (not yet find good set up for exit, maybe next .04 will better for exit)
like you said go for a quick profit with a quick exit rule works the best, why that trade didn't hit tp for quick profit? which tp you use?
if i meet this condition i just set tp for 2.2 atr, if not hit tp then close by 5ema or trailing, maybe got small profit or small loss for that trade (not yet find good set up for exit, maybe next .04 will better for exit)
I have gone to using the Real Close and Open prices as an Exit rule rather than the APB Candle Color change Close and Open exit because they do not agree and the color change gets you out one whole candle latter and in some cases turns a small profit on exit into a loss. See the image below and please post your comments as to what you think.
The 130 Error is still making me fuss....
this week a have no error 130, but only 140/143 that say failed because not enough money that mean i've got margin call and not make me fuss
no one can always win, but in other thread with tdi cross strategy there is someone who always win this week, although there is big fomc news,
maybe i must learn from him how to trade with big impact news
- #172
- Jan 29, 2012 10:40am Jan 29, 2012 10:40am
- | Commercial User | Joined Jul 2009 | 5,729 Posts
trade 3 short, why that trade not close by reversal candle? i see next candle is blue and close > open?
waiting for .04 for m30 or 1h
- #173
- Jan 29, 2012 10:46am Jan 29, 2012 10:46am
- | Commercial User | Joined Jul 2009 | 5,729 Posts
See Below
- #175
- Jan 30, 2012 12:57pm Jan 30, 2012 12:57pm
- | Commercial User | Joined Jul 2009 | 5,729 Posts
clear explanation,
is this also applies to the other close? (5ema pa?)
i mean if we have a trade then pa pullback to 5ema, should no close take before profit? sometimes it close and take a trade and close and take a trade and continue until pa away from 5 ema?
- #177
- Jan 31, 2012 3:18pm Jan 31, 2012 3:18pm
- | Commercial User | Joined Jul 2009 | 5,729 Posts
Seller,
Have you been thinking about adding the MAs cross signal to EA set ups?
I think it might be useful besides having the possibility to candle close above/below the MA.
I have an idea inspired by Lawgirl21 MA strategy (EMA 5 and 10 cross at H4), please advise if thats possible
thank you
Jacob
See image below for what it has done on the H4 in that short period, this is really the KISS approach, can't get much simpler, and its all automatic, no manual intervention. This is only available in Version 1.04, that has not been released yet.
You can also see in this example how the real Open and Close got you out before the APM candle color change would have, one whole candle sooner.
- #178
- Jan 31, 2012 3:26pm Jan 31, 2012 3:26pm
- | Commercial User | Joined Jul 2009 | 5,729 Posts
Here is the one loser from that previous post, I just wanted to show how the exit rule got me out rather quickly when the direction changed.
- #179
- Jan 31, 2012 6:43pm Jan 31, 2012 6:43pm
- Joined Mar 2010 | Status: Trader | 2,261 Posts | Online Now
hey jacob if you're going live must mean you've hit a sweet spot with the settings! can you tell us if or when you will share the setfile?
also why use a dealing desk broker? its not a scalper so you dont need like 1 pip fixed spreads so why not just go with a reputable ECN broker?
also why use a dealing desk broker? its not a scalper so you dont need like 1 pip fixed spreads so why not just go with a reputable ECN broker?
- #180
- Jan 31, 2012 8:34pm Jan 31, 2012 8:34pm
hey jacob if you're going live must mean you've hit a sweet spot with the settings! can you tell us if or when you will share the setfile?
also why use a dealing desk broker? its not a scalper so you dont need like 1 pip fixed spreads so why not just go with a reputable ECN broker?
DEALER DESK FX Brokers are ROBBERS, missquotes, slippage, laggy etc...
they are the middlemen, trading against you, might as well send me the Loot instead of giving it to those crooks
Don't forget Practice + Patience + Persistence = Profits