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Attachments: Trading made possible with EsikeA+++
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Trading made possible with EsikeA+++

Quoting fxrabbi
{quote} I'm planning to do system update in respect to TF's, Pairs, and MM. But I'm very busy for the past two weeks: trading with some newbies at home, but will try to do the update before the weekend. Happy trading, Yomi.
Dear Yomi,
Great, eagerly awaiting your System.

AllHappy
Quoting jimitele
GU (M5) +25.1 Happy pips {image}

Be Dumb and Follow Price
System Update:



1. Timeframes:

I use H1 & M5 TF's, but it will work in any TF.

H1 - Direction.
M5 - Entry.


2. Pairs:

I trade EURUSD, GBPUSD, USDJPY, and EURJPY, but it will work on any pairs.



3. Money Management:

1. MM =2%.
2. TP = 20pips.
3. SL = 10pips.
4. BE/Lock-in-pips = 15pips
4. Daily Target = 30pips.
5. Stop trading after reaching daily target.
6. Stop trading after 3 consecutive losses.


New PDF in post 1 and post 1 also updated.




Happy weekend,
Yomi.
Attached Image
Be Dumb and Follow Price
Quoting fxrabbi
System Update: 1. Timeframes: I use H1 & M5 TF's, but it will work in any TF. H1 - Direction. M5 - Entry. 2. Pairs: I trade EURUSD, GBPUSD, USDJPY, and EURJPY, but it will work on any pairs. 3. Money Management: 1. MM =2%. 2. TP = 20pips. 3. SL = 10pips. 4. BE/Lock-in-pips = 15pips 4. Daily Target = 30pips. 5. Stop trading after reaching daily target. 6. Stop trading after 3 consecutive losses. New PDF in post 1 and post 1 only updated. Happy weekend, Yomi. {image}
Thanks Yomi.
So, basically you reverted back to H1 for direction and added 2 pairs, rest is the same?
Quoting Go5
{quote} Thanks Yomi. So, basically you reverted back to H1 for direction and added 2 pairs, rest is the same?
Yes
Be Dumb and Follow Price
[quote=fxrabbi;8889263]System Update: 1. Timeframes: I use H1 & M5 TF's, but it will work in any TF. H1 - Direction. M5 - Entry. 2. Pairs: I trade EURUSD, GBPUSD, USDJPY, and EURJPY, but it will work on any pairs. 3. Money Management: 1. MM =2%. 2. TP = 20pips. 3. SL = 10pips. 4. BE/Lock-in-pips = 15pips 4. Daily Target = 30pips. 5. Stop trading after reaching daily target. 6. Stop trading after 3 consecutive losses. New PDF in post 1 and post 1 also updated. Happy weekend, Yomi. {image}[/quote

May I know if the EA settings are for both 4 and 5 digits brokers?
Quoting fxenthusiast
Quoting fxrabbi
System Update: 1. Timeframes: I use H1 & M5 TF's, but it will work in any TF. H1 - Direction. M5 - Entry. 2. Pairs: I trade EURUSD, GBPUSD, USDJPY, and EURJPY, but it will work on any pairs. 3. Money Management: 1. MM =2%. 2. TP = 20pips. 3. SL = 10pips. 4. BE/Lock-in-pips = 15pips 4. Daily Target = 30pips. 5. Stop trading after reaching daily target. 6. Stop trading after 3 consecutive losses. New PDF in post 1 and post 1 also updated. Happy weekend, Yomi. {image}[/quote May I know if the EA settings are for both 4 and 5
...

5 digits Brokers, remove the last "0" for 4 digits Brokers. Please test it on demo first.



Happy weekend,
Yomi.
Be Dumb and Follow Price
Quoting allhappy
{quote} Dear Yomi, Great, eagerly awaiting your System. AllHappy


Great to see that you are still around and doing fine.



Happy weekend,
Yomi,
Be Dumb and Follow Price
Hi dear fxRabbi!
It's nice for me to see you with new work here!
Quoting fxrabbi
EURUSD, GBPUSD, USDJPY, and EURJPY
But let me ask you, as always Do you realy think, that

1. GU has the same volatility and other characteristics as EJ to use THE SAME indicators parameters and SLs for them???
2. SL=10 is not to small at all? And is it not to small for EJ?
Quoting fxrabbi
{quote}{quote} 5 digits Brokers, remove the last "0" for 4 digits Brokers. Please test it on demo first. Happy weekend, Yomi.
Tnx
Dear fxRabbi,

When doing the back test, there is nothing to come out. The journal stated that unmatched data error, please advise how to solve it.

Thanks a lot!
GU (M5) +14.8
Happy pips!
Attached Image (click to enlarge)
Click to Enlarge Name: GU148.jpg Size: 106 KB
My trade for today:
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 61 KB
Quoting since80808
SL=10 is not to small?
Look at this losing trade with all right at all indies.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 42 KB

SL=15 is not enough, I think. We need to add a spread as minimum.
Any ideas? Why shoud not I take this trade? Or what was the right SL here?
Thank you!
Quoting since80808
{quote} Look at this losing trade with all right at all indies. {image} SL=15 is not enough, I think. We need to add a spread as minimum. Any ideas? Why shoud not I take this trade? Or what was the right SL here? Thank you!

If you have a perfect entry, the SL of 10pips will be enough. Looking at your entry, the ADX suppose to be in between the DMI+ and DMI -, and yours is outside hence you have a bad trade, always make sure your ADX is between the 2 DMI's when you want to takes your entry.

See post post 812 & 813 for examples.



Happy trading,
Yomi.
Be Dumb and Follow Price
Quoting fxenthusiast
My trade for today: {image}

Be Dumb and Follow Price
Quoting jimitele
GU (M5) +14.8 Happy pips! {image}

Be Dumb and Follow Price
Quoting fxrabbi
make sure your ADX is between the 2 DMI's
Between ONLY? Or
between or higher bots DMI+ and DMI-
???
  • Post #819
  • Quote
  • Edited 11:46am Apr 25, 2016 11:16am | Edited 11:46am
Quoting since80808
Hi dear fxRabbi! It's nice for me to see you with new work here! {quote} But let me ask you, as always Do you realy think, that 1. GU has the same volatility and other characteristics as EJ to use THE SAME indicators parameters and SLs for them??? 2. SL=10 is not to small at all? And is it not to small for EJ?

When you have a perfect setup/entry the SL of 10pips will be enough for the 4 pairs.

But, not to worry I will soon share my other method of trading this system with M30 TF, where I also have a greater success, but with SL of 20pips and TP of 30pips.



Happy trading,
Yomi.
Be Dumb and Follow Price
Quoting fxrabbi
SL of 10pips will be enough
Even without spread?
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