Daily System With BBands + MACD + Currency Strength

Good luck this week and green pips to all. Remember those points that have been previously discussed :

- Tokyo Session is the worst time for our system so don't trade during that time unless you've had good results with your settings or trying to improve the system somehow
- Even if you are planning to trade Tokyo, don't trade at the beginning of the session but rather wait few hours first or just skip Monday's Tokyo at all
- Download the latest EA version from the first page ( currently v3.3 )
- Download the EA preset files also on the first page but before you load them to the EA make sure to check which magic number you have then change that in the EA settings AFTER you load the new preset file
- If you have any feedback or ideas that can help improve the system and would like to them added to the EA just post here or send me a PM

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This week I'm also planning to
- Be done with adding open and close basket buttons to the EA.
- Finish the indicator that shows the max and min pips each pair reach during the open trade to help choose better TP / SL

I just closed all the trades manually and it looks like today overall was profitable for most of the profiles

The only 2 templates I noticed had big losses were 17-18. I will post in details all the templates' reports when I'm back but basically anyone that's running templates : 9 - 10 - 11 - 12 - 13 should have made profits

Also I'm done with adding buttons to the EA and done with the new indicator to show max and min pips for each pair and will post them also when I'm back

Good morning everyone

Sorry for the delay but I came back home very late last night and couldn't post what I wanted but here we go

Those are our reports for templates 4 to 12



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Those are our reports for templates 13 to 17



TPL_15 is not there because I had an error in the EA settings that prevented it from taking any trades.
Also you will notice that the few trades that were taken in the overlap between LO and NY session ended up eating a bit of our wins so I adjusted all my templates today to stop when NY starts ( 1 PM GMT or 1300 in the EA settings )

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Here are the new toys

1) EA v 3.4 with buttons



2) New indicator to show max and min pips ( and some more info )



For the second indicator, here is what some of the coloumns are for :

Pips Now : How many pips ( + or - ) for each pair
Max Pips : The highest amount of pips in profit we have reached for each pair
Min Pips : The highest amount of pips in loss we have reached for each pair
Max ATR : How much of the daily ATR was the max pips in profit gained ( Example : If it said 0.25 it means the highest we have reached was 0.25 of the Daily ATR for that pair )
Min ATR : How much of the daily ATR was the max pips in loss we made

P.S :
- I added those ATR values because I always like to put the pip value in context of the ATR otherwise it's just a bunch of meaningless numbers for me because of how vastly different the volume and activity of each pair

- The ATR used for the calculations is the same that the EA uses ( Daily ATR of period 14 )

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Good luck for everyone today and green pips to you

I noticed a bug in the pips indicator that's showing the min/max pips same as the current pips and that bug is now fixed. Here's the update :



There is another potential bug we may run into for those who will keep the EA running for days without closing the terminal or changing options and that is something I will not know for sure if it will exist or not until I have the indicator running for more than a full trading day. So expect a new version tomorrow if that bug existed

Also I got a bug report that the report indicator is not actually removing the currency report even if you choose not to add it so here's a fixed version :

Hi Friends,
I am trading but I don't know the use of the new two Indies. My trade, however, is moving positively. It will be really appreciable if anybody can guide me a little. Thanks.

Today

The only thing you need for the system to work is the EA and just adjust the settings in it to your own liking the way you want it to work
All the other indicators are there to visually help you understand what's going on.

1) The BBands - MACD indicator is to show the state of them in all pair to check if the EA is opening the trades the way it should or if the EA is messed up, it's also to help you trade the system manually if you want. Even if you remove the indicator completely from the chart it will not affect the system

2) The trade report indicator is for you to analyse how the system is working for you. This doesn't affect how the system works at all. This is for you to check how many trades for example have been take, how many profitable and how many weren't. Which time session was the best for you and which was the worst. Which currencies are resulting in profit and which weren't ( Very helpful when there are high impact news released to know how that affected the system )

3) The new indicator for the max and min pips also doesn't affect the system at all. It's just to show you how much pairs in profit or loss each pair is doing, what was the maximim pips and the minimum pips it reached and also how much is that in terms of the Daily ATR

In summary, you can remove all those indicators and system will still work as it should. The only thing you need is the EA and they FXM Diff indicators

Thank you for posting your results I have a couple of questions :

1- Why do I see the some of the magic numbers repeated twice with very different resuslts ?
2- What is the template for magic number 2 ? Or is that one of your own ?
3- You say that's today's report but I see the date as 13 Nov, because for me today's trades have not closed yet and still have few hours ago ( Not looking very good today so far )

Not bad.

Sorry, today:




magic 2 - others system

Thank you for clearing it up and looks like nice results overall

Good morning everyone I will be out of town for a day or two starting today so don't expect any EA updates or reports till I'm back.
I don't think there is any code breaking error that may appear the next couple days if any it will be small ones
I will still be able to reply here to anyone that have questions to need help but maybe not as fast
Goodluck to everyone today and green pips to all

Goodmorning everyone I am still out of town and should be back tomorrow around noon I can still reply to anyone that will need me here but not as fast since I will be busy. How did it go yesterday for you if anyone wants to share results ? Even if negative you can still share it so that we can maybe try to improve the sysem which is far away from perfect

I advise anyone trying our system without much knowledge of the FXM Diff indicator and how it works or if you just want to follow the system without trying to improve it or add your own touch to run template 4 only with the EA version 3.2

I recently will be unavailable, I am in the hospital after the operation. on weekends, I will post the result for a week since everything works on the server of VPS!

Best wishes with your surgery and speedy recovery !!!!

thank you! green pips !!!

1) I am back home now so I should be able to update what's needed

2) I advise everyone not just new members that will be trying our system for the first time to stop working with all templates except template 4. Reason is all the other templates rely mostly on CC as the option for FXM Diff and not CCFP or Strength, even template 15 has the majority of its indicators as CC.
For me personally I will start exclusively using CCFP as FXM option and maybe a couple of exceptional templates that will have a max of 1 or 2 FXM indicators with CC or Strength options.

3) It was very obvious that removing the internal EA logic and filter to ignore any signals from FXM Diff that will be like 1/-1 or the likes resulted in more losses that what I have been seeing from the system for the past 2 months I worked with. So I will be adding that internal logic again

4) As I expected but sadly didn't have time to fix it while I was away, the pip indicator is not updating with each new order of the same pair for the same EA meaning that you may sometimes see the max and min values of pips reached from a previous trade and not the current one, this can be good in very few situations because it will show the overall max and min pips reached over a period of time and not just your trade but also sooner or later it will reach values of the TP and SL you chose in the EA options and will not change anymore

5) Will be looking at increasing the TP - SL - TS for all templates to give the trades more room to breath but will have to check some trades first from my end here to choose good values for them

6) Removing all templates from 9 to 17 and will not work with them anymore, will also release some more templates that will rely heavily on CCFP and not CC or Strength. But as I said previously, please only use template 4 for now

7) Adding an option to the report indicator to show basic information only and not the % ones since you don't really need those unless you work on multiple time sessions or if you enable the currency option

8) Sadly, I wasn't able to take my laptop with me this time and so was not able to keep the templates working the past 2 days, however here are the results of today for template 4 using EA v3.2 ( which has the internal filter to ignore FXM results of the likes of 1/-1 )



9) If anyone can post today's results for template 4 using EA v3.3 or 3.4 will help to see how big of a difference our internal logic makes

Done with the updates needed but will not release yet until the market opens Monday and I make sure they're working properly and also extended the expiry on all indicators and EA to 16 December. So until then at least for our trades on Monday please use template 4 and EA v 3.2

One thing I decided not to do tho and that is add the option to remove the time sessions from the report indicator because if I did it will be just a silly 1 line report. So if you want to use a report for your trading history without knowing how each currency did or how each time session did I recommend using this indicator instead :



I am not the author of this indicator but it's very useful and widely known and used

Weekly