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Forex A-Motion EA

  • #61
  • Mar 20, 2018 7:51am Mar 20, 2018 7:51am
And remember on Forex there are no rules!!! If will rules, then will earn all !!!
"Money makes Money"
  • #62
  • Mar 20, 2018 8:03am Mar 20, 2018 8:03am
Do you think all traders who put a stop loss are successful in trading ??? That's ridiculous ... You can protect the Deposit not only by stop loss but also by another order of the opposite direction or an order on a correlated currency pair, there are many options
"Money makes Money"
  • #63
  • Mar 20, 2018 8:15am Mar 20, 2018 8:15am
Quoting syndicat
Do you think all traders who put a stop loss are successful in trading ??? That's ridiculous ... You can protect the Deposit not only by stop loss but also by another order of the opposite direction or an order on a correlated currency pair, there are many options
What if your a US trader?

How do you stop a margin call by the broker?

Im not going to get into a debate regarding using or not using stoploss. I will use them. Decision made. Its one of my true values and what I believe is right for me and others.
  • #64
  • Mar 20, 2018 8:20am Mar 20, 2018 8:20am
Quoting krager
{quote} What if your a US trader? How do you stop a margin call by the broker? Im not going to get into a debate regarding using or not using stoploss. I will use them. Decision made. Its one of my true values and what I believe is right for me and others.

Another option is to leave the stop loss in place, but to open a buy stop order with the same lot
"Money makes Money"
  • #65
  • Mar 20, 2018 8:43am Mar 20, 2018 8:43am
Quoting syndicat
Do you think all traders who put a stop loss are successful in trading ??? That's ridiculous ... You can protect the Deposit not only by stop loss but also by another order of the opposite direction or an order on a correlated currency pair, there are many options
No i dont think all traders who put a stopploss are sucessful in trading

But successfull traders use stoploss and protect what they got, not gamble on what they could get.
  • #66
  • Mar 20, 2018 9:49am Mar 20, 2018 9:49am
Quoting krager
{quote} No i dont think all traders who put a stopploss are sucessful in trading But successfull traders use stoploss and protect what they got, not gamble on what they could get.

Stop loss is what you lost !!!
Take profit this is what you get !!!
"Money makes Money"
  • #67
  • Mar 20, 2018 9:50am Mar 20, 2018 9:50am
Hi Krager,

I just run the EA first time 9 hrs ago. The present outcome is the screen below:

I shall keep testing EA of GBPUSA and keep you inform.

Cheers,
Attached Image (click to enlarge)
Click to Enlarge Name: Image5.png Size: 68 KB
  • #68
  • Mar 20, 2018 10:45am Mar 20, 2018 10:45am
When creating this system, I came up with 3 different methods to follow, if take profit has not been hit

Using the PZ Oscillator indicator at 5pm London time

1. Close order when colour changes on the indicator
2. Close half the order and move Stoplss to Break-even when the indicator changes colour

or just leave the order open to "set and forget" (the order will either hit TP or SL or the EA will auto close the order within tomorrows London session)

I've just closed half my order and moved stoploss to break-even on today's GBPUSD trade.

If you want the PZ Oscillator Indicator, I've just uploaded it to the 1st post
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 20.03.18.png Size: 55 KB
  • #69
  • Mar 20, 2018 10:47am Mar 20, 2018 10:47am
Quoting farang007
Hi Krager, I just run the EA first time 9 hrs ago. The present outcome is the screen below: I shall keep testing EA of GBPUSA and keep you inform. Cheers, {image}
Thanks mate. At least you have the same entries and movement on your GBPUSD like I had
  • #70
  • Mar 20, 2018 10:51am Mar 20, 2018 10:51am
Quoting syndicat
{quote} Stop loss is what you lost !!! Take profit this is what you get !!!
I'm guessing you didn't use a stoploss on this account? Then stopped with your real account?
Attached Image (click to enlarge)
Click to Enlarge Name: FX2.png Size: 61 KB
  • #71
  • Mar 20, 2018 11:01am Mar 20, 2018 11:01am
On my demo testing account all pairs, i'm leaving them to set & forget.
Attached Image (click to enlarge)
Click to Enlarge Name: A-Motion EA All Pairs 20.03.18-1.png Size: 70 KB
  • #72
  • Mar 20, 2018 11:50am Mar 20, 2018 11:50am
Quoting krager
When creating this system, I came up with 3 different methods to follow, if take profit has not been hit Using the PZ Oscillator indicator at 5pm London time 1. Close order when colour changes on the indicator 2. Close half the order and move Stoplss to Break-even when the indicator changes colour or just leave the order open to "set and forget" (the order will either hit TP or SL or the EA will auto close the order within tomorrows London session) I've just closed half my order and moved stoploss to break-even on today's GBPUSD trade. If you want...
Just remembered,

If you close half and order and move the stoploss to breakeven (like I have done on my sell order), IF there is a valid sell signal tomorrow, the EA will not take the trade as a Sell order is already in place.

So maybe it's worth some thought about closing the current order if in good profit before 8am London time tomorrow.

Food for thought.
  • #73
  • Mar 20, 2018 11:59am Mar 20, 2018 11:59am
A copy of an email I just sent to a trader supporting this project.

Good questions. I will answer these here , but also put them on Forex Factory for others to see

1. if i only use the pc to run the EA, then there is power outage. what is gonna happen? can i on the PC to resume the work of EA?

If your laptop or PC closes down, the EA will shut down. This is why the Ea sets hard take profit and stoploss levels. The account will still run on your Broker server, but no new trades will open, or no trades to be closed by the EA will happen. When you switch back on the PC the EA will continue on where it's left off, but would of missed any opportunities to open / close trades etc


2. is it possible to close the order by manual? should it be closed at specific time or any time we want?
if it can be done, can we restart the EA to run again?

Yes you can close the whole order or part order manually if you wish too. There is currently no set rules to close manually, this is where we need to find what is best to do as a community

3. I saw the lot size quite big number. Is it possible to run lot size 0.01 or 0.5 or 1 or 1.5 or 2 ?

Yes, you can select within the Ea settings to trade by percent balance of your account, or choose any lot size you wish

4. If i start the balance only 500 usd, is it possible? what the lot size gonna be? is it diff that having balance 1000 usd.

Yes, I'm currently running this on a £100 micro account. The lot size depends on the % of account balance your risking. It depends on each trader the "pence or dollar per pip" or you can just trade 0.01 lots if you wish


Thank you for your help and support.

Your welcome!
  • #74
  • Mar 20, 2018 12:02pm Mar 20, 2018 12:02pm
Quoting krager
Feedback Required My Pips Bank Indicator shows 46.6 pips bank and profit of £5.94 I ran this GBPUSD trade on a Real Micro account by XM.com with a leverage of 500:1 with a 3% risk If this was a £1k account, that would of been £59.40 profit! Question - I'm looking to market this EA for £29.99 per month, is that realistic? - What would the customers preferred how to purchase / rent a commercial EA? - How customer prefer a Trade Copier service? Get in touch. I'd love to hear from you....

1. Price of EA for £29.99 per month : it is efforable as long as the EA generate the adequate profit monthly.
2. Rental or Purchase does not matter. The key factor is usage support and maintenance the EA to be effective all the time.
3. Trade copier service: it is good idea. It can be option for the person who does not want to purchase or rent the EA.

Cheers,
  • #75
  • Mar 20, 2018 12:13pm Mar 20, 2018 12:13pm
I've just set up a myfxbook link to the Forex A-Motion EA

https://www.myfxbook.com/members/afk...190318/2449284

Please bear in mind, this is my micro testing account with real money. I believe it's better to test with real live money then a demo account. Previous to 19.03.18 this has been used for another project.

If all's going well, I will set up it's own account at the start of next month

Regards
Craig
  • #76
  • Mar 20, 2018 1:31pm Mar 20, 2018 1:31pm
Quoting syndicat
It's a LONDON BREAKOUT strategy and it doesn't make a profit....
Just to prove, USDCHF turned out for a 2% gain today, banking 25 pips

I would appreciate it, if you removed your negative comments and refrain from any future negative posts. You said you wanted to help and support this project. Please live true by your words, as I do mine.

Regards
Craig
Attached Image(s) (click to enlarge)
Click to Enlarge Name: A-Motion USDCHF 20.03.18.png Size: 39 KB
Click to Enlarge Name: A-Motion USDCHF 2%.png Size: 69 KB
  • #77
  • Mar 20, 2018 2:56pm Mar 20, 2018 2:56pm
First day of testing the EA.
Only on GU.
It initiated a sell at 1.4028. Still actives with +22 pips. I will close it manually before London open if will still be actives.
  • #78
  • Mar 20, 2018 3:25pm Mar 20, 2018 3:25pm
Hi Krager,

There are 2 color on the chart while the EA is running. What are they for?

Pls adv.

Thank you.

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 59 KB
  • #79
  • Mar 20, 2018 8:46pm Mar 20, 2018 8:46pm
Quoting krager
{quote} Just to prove, USDCHF turned out for a 2% gain today, banking 25 pips I would appreciate it, if you removed your negative comments and refrain from any future negative posts. You said you wanted to help and support this project. Please live true by your words, as I do mine. Regards Craig {image} {image}

This is a working discussion and I have no negative attitude. I really want to help you. Here are the results of the auction at the moment
Attached Image (click to enlarge)
Click to Enlarge Name: MetaTrader 4.png Size: 131 KB
"Money makes Money"
  • #80
  • Mar 20, 2018 10:49pm Mar 20, 2018 10:49pm
Quoting farang007
Hi Krager, There are 2 color on the chart while the EA is running. What are they for? Pls adv. Thank you. {image}
The box colour are adjustable within the EA settings.

On the current chart set up the Blue box is the Asian range time, which acts as a natural stoploss point for the buy and sell orders
The green box is when the EA switches on to open trades. The current timings, the EA only opens trades within the London session and 15 mins into the Us session.

These, in my findings and opinion is the best times for GBPUSD, or any active traded pair within the London session.

For example, i'm currently testing AUDJPY with the times 17:00 - 23:00 and 23:00 - 08:00 to trade the pair within the Asian range.

Once I have some good data to share, i will
Attached Image (click to enlarge)
Click to Enlarge Name: Box Colour.png Size: 157 KB
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