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Is there a broker that gives you $50 or even more to start? 1 reply

what gives you an edge? 11 replies

Fundamental Bliss 3 replies

Need indicator that gives you an alarm when price touches the MA 2 replies

Would you trade this system? New system #2. 10 replies

Attachments: 3% Risk Gives You Bliss System
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3% Risk Gives You Bliss System

  • #401
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  • Nov 5, 2012 2:21pm Nov 5, 2012 2:21pm
Quoting spyderman
Half f the settings are just there for the fake pending orders that the EA uses to determine if this is the first trade signal after an xpMA change. Don't mess with them. They're set at .10 lots and the fields end in 50 and 51.

The fields ending in 52 & 53 are your entries short and long. Put in your desired lot size and if you want a set s/l. Cubby originally mentioned 20 pips and that's what I'm using, but he last said he's setting this to zero and letting the EA stop out if he gets and early MACD zero cross. Set the t/p to 0 if...
Thanks a lot for the clarification

I'll be setting up 4 demos tonight:

One using the 20 pips SL
One using 0 (Macd Cross)

+ Two more, perhaps using a bigger SL and implementing a trailing/jumping stops. Any suggestions on what should be tested? I'll be glad to upload this demos into myfxbook for you all to track. I beleive in collaboration
  • #402
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  • Nov 5, 2012 2:42pm Nov 5, 2012 2:42pm
Quoting acostafulano

One using the 20 pips SL
One using 0 (Macd Cross)
Remember the EA will exit on the zero cross of the MACD no matter what you set as a s/l or a trailing stop. The only reason to set a 20 pip s/l is so that if the MACD line is far away from zero and you get rapid PA against you, your loss will be limited to 20 pips.

That may also be an advertisement for a trailing stop but I feel that's probably an unnecessary complication.
  • #403
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  • Nov 5, 2012 3:00pm Nov 5, 2012 3:00pm
Quoting spyderman
Remember the EA will exit on the zero cross of the MACD no matter what you set as a s/l or a trailing stop. The only reason to set a 20 pip s/l is so that if the MACD line is far away from zero and you get rapid PA against you, your loss will be limited to 20 pips.

That may also be an advertisement for a trailing stop but I feel that's probably an unnecessary complication.
May be, but since I have the cpu-power to test it, I'll just give it a shot

If it turns out to be bad, at least we'll know

Thanks for all the help
  • #404
  • Quote
  • Nov 5, 2012 3:03pm Nov 5, 2012 3:03pm
one more problem at ibfx broker demo which is that only xpma change mean hollow arrows appears but dark blue and red arrow not appearing
  • #405
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  • Nov 5, 2012 3:08pm Nov 5, 2012 3:08pm
lot of troublers why coming in my side
Really spyderman brother i want to cry i am working hard to use this system and problems increasing
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  • #406
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  • Nov 5, 2012 3:51pm Nov 5, 2012 3:51pm
[quote=waheedpcc;6164500]lot of troublers why coming in my side
Really spyderman brother i want to cry i am working hard to use this system and problems increasing
[/qu
Waheedpcc - some advice. Just let it run on a demo for a day or two to see if you do get some signals. During that time, trade it manually!!! It will help you alot to understand the method.
  • #407
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  • Nov 5, 2012 3:57pm Nov 5, 2012 3:57pm
have you seen what now i am exactly asking for ?????
  • #408
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  • Nov 5, 2012 4:02pm Nov 5, 2012 4:02pm
Quoting waheedpcc
have you seen what now i am exactly asking for ?????
I recommend you try FXCM UK Demo or Alpari UK Demo - it works on both of those platforms.
  • #409
  • Quote
  • Nov 5, 2012 4:27pm Nov 5, 2012 4:27pm
[quote=Shearer9;6164608]
Quoting waheedpcc
lot of troublers why coming in my side
Really spyderman brother i want to cry i am working hard to use this system and problems increasing
[/qu
Waheedpcc - some advice. Just let it run on a demo for a day or two to see if you do get some signals. During that time, trade it manually!!! It will help you alot to understand the method.

I think the problem is he's not getting any signals on the manual side either. Not that there have been many today.
  • #410
  • Quote
  • Nov 5, 2012 5:20pm Nov 5, 2012 5:20pm
Hi all!

If you didn't notice I updated the first post earlier today. Check it out.

Also, here is a current screenshot of my trades from last night and this morning. These trades are still in. Let's see how far they will go!

This screenshot is my live account....
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  • #411
  • Quote
  • Nov 5, 2012 5:33pm Nov 5, 2012 5:33pm
Quoting spyderman
Remember the EA will exit on the zero cross of the MACD no matter what you set as a s/l or a trailing stop. The only reason to set a 20 pip s/l is so that if the MACD line is far away from zero and you get rapid PA against you, your loss will be limited to 20 pips.

That may also be an advertisement for a trailing stop but I feel that's probably an unnecessary complication.
I would not use the 20 pip SL. Price action most of the time is not that smooth even when trending. There can be massive whipsaws in price and then the trend will continue. This usually happens some where early after entry. I recommend not using a 20 pip SL. The biggest trade I've had go against me using macd as exit so far is 40 pips. this really doesn't happen that often. A draw down of 20-30 pips does and will happen using this system. This is why I do not like using a SL. I don't want to get knocked out of a trend with to tight of stops. Remember. Most SL's using macd will end up being 20 pips or under.
  • #412
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  • Nov 5, 2012 5:39pm Nov 5, 2012 5:39pm
Quoting Cubbybgood
I would not use the 20 pip SL. Price action most of the time is not that smooth even when trending. There can be massive whipsaws in price and then the trend will continue. This usually happens some where early after entry. I recommend not using a 20 pip SL. The biggest trade I've had go against me using macd as exit so far is 40 pips. this really doesn't happen that often. A draw down of 20-30 pips does and will happen using this system. This is why I do not like using a SL. I don't want to get knocked out of a trend with to tight of stops. Remember....

Will do. How do you determine your lot sizes.
  • #413
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  • Nov 5, 2012 6:00pm Nov 5, 2012 6:00pm
Quoting spyderman
Will do. How do you determine your lot sizes.
I determine lot size based of account size with this system. Typically I use 3% with each trade but with the EA I'm only using max .5-1% of my total account size for each trade. I may bump this up next week....
  • #414
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  • Nov 5, 2012 6:10pm Nov 5, 2012 6:10pm
Quoting Cubbybgood
I determine lot size based of account size with this system. Typically I use 3% with each trade but with the EA I'm only using max .5-1% of my total account size for each trade. I may bump this up next week....

But 3% of what if we don't have a stop loss to figure it off of? Do you just use 20 pips for calculating purposes?
  • #415
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  • Nov 5, 2012 6:38pm Nov 5, 2012 6:38pm
Quoting spyderman
But 3% of what if we don't have a stop loss to figure it off of? Do you just use 20 pips for calculating purposes?
Yup, Exactly. I use 20 pip SL for caculation.
  • #416
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  • Nov 5, 2012 9:29pm Nov 5, 2012 9:29pm
Quoting waheedpcc
one more problem at ibfx broker demo which is that only xpma change mean hollow arrows appears but dark blue and red arrow not appearing
If you have read carefully the whole thread, you surely remember that the settings are differents if you are on a 4 or 5 digits broker.

It seems that you switched from a 4 digits broker to a 5 digits one ... So your indicator settings should be changed accordingly.
MT4/MT5 EAs/Indicators/Alerts coder
  • #417
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  • Nov 5, 2012 10:27pm Nov 5, 2012 10:27pm
Hi
Congratulation for this creation...I love it. Thanks to "Cubbybgood" for sharing.

It been produce great results if one has patience and disciple..

"If you can't take Risk, Don't trade"

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Quoting Cubbybgood
Hi all!

If you didn't notice I updated the first post earlier today. Check it out.

Also, here is a current screenshot of my trades from last night and this morning. These trades are still in. Let's see how far they will go!

This screenshot is my live account....
  • #418
  • Quote
  • Nov 5, 2012 10:41pm Nov 5, 2012 10:41pm
Quoting Cubbybgood
Hi all!

If you didn't notice I updated the first post earlier today. Check it out.

Also, here is a current screenshot of my trades from last night and this morning. These trades are still in. Let's see how far they will go!

This screenshot is my live account....
I am surprised you would hold the AUD through this heavy docket... but it paid out big this time if you did.
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  • #419
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  • Nov 6, 2012 12:21am Nov 6, 2012 12:21am
Quoting C.Theory
I am surprised you would hold the AUD through this heavy docket... but it paid out big this time if you did.
You know... I did get lucky but the chances of this going in my favor apposed to it not going in my favor were the same. Mine as well take the chance and stick with the trend.

Take a look at this screenshot. Up over 3k so far...

I am down about 3% from sunday night threw monday in closed losses. I'm not to worried because I know I'll take away some good profit with these current trades.
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  • #420
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  • Nov 6, 2012 7:21am Nov 6, 2012 7:21am
EA took three trades last nite on Forex.com platform...sells: gbpchf; usdchf and buy eurusd
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