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Simple Monday-Tuesday System (attached calculator)

  • #881
  • Mar 6, 2020 6:50am Mar 6, 2020 6:50am
Quoting PhillipmC
{quote} Nice work what were your settings..
Hi PhillipmC
My setting as like as @Erebus's method, I use daily chart to determind the trend before put order
  • #882
  • Mar 6, 2020 6:54am Mar 6, 2020 6:54am
Quoting tes724
Yeah IC marked is a nice broker with really low speads. A perfect place to be. Been using them for years now. https://www.icmarkets.com/?camp=32306 Testing on a small live account too. Happy with what i see. Thinking about adding DE30 and US30 next week. Maybe XAU. {image}
Yup Bro
IC market is good broker, I used their platform for 3 years ago
  • #883
  • Mar 6, 2020 7:14am Mar 6, 2020 7:14am
Quoting zoraxfx
My results for this week with Spikehunter EA 442 pips EURAUD my bigger loss reached at 3 pips ....argggghhhh {image}
Excellent results. Can you share your EA settings?
  • #884
  • Edited 9:06am Mar 6, 2020 7:41am | Edited 9:06am
My results this week:

Submitted 27 orders (I missed off EURUSD by mistake!...would be nearing TP1 by now! )

17 triggered.

2 x 1% losses
7 x break even
7 x 1% wins (so 5% up for the week)

1 trade still running at just under half risk.

Total pips this week so far: 591

EDIT: final trade got stopped out for 0.5% loss - so 4.5% for the week - I'm happy with that!
"Pips are vanity. Profit is sanity."
  • #885
  • Mar 6, 2020 8:03am Mar 6, 2020 8:03am
Quoting zoraxfx
My results for this week with Spikehunter EA 442 pips EURAUD my bigger loss reached at 3 pips ....argggghhhh {image}
For gauging the true profitability it's best to ignore pips and concentrate on the % profit.

If you've used fixed lots for every pair, you need to work out how many 1:1 wins and 1:1 losses you have had.

For example, in your case, it looks like you had 5 wins, 1 loss and 3 roughly break-even. So all told, you're looking at 4% gain for the week if you'd risked 1% per trade...pretty good!
"Pips are vanity. Profit is sanity."
  • #886
  • Mar 6, 2020 8:21am Mar 6, 2020 8:21am
Quoting Antony_sg
Thanks for @4esctasy's system IC market - real account, collect pips before NFP The 3rd week have profit {image}
would u please guide us as what script or EA you are using and how you are setting it up on 28 pairs,thanks.
  • #887
  • Mar 6, 2020 8:28am Mar 6, 2020 8:28am
Hi Rob and PaulDV
I used the SMC EA Basic Daily with default settings (post #685)
Unfortunately the EA is not working correctly with a few pairs but Spikehunter is going to correct that.
On the graph, le grey dotted lines are the hi lo monday-tuesday , le blue line the buystop and the red line the sellstop.
No luck with EURAUD because the sellstop has been reached for only 3 pips: it's the main loss of the basket.
Without this one, the results would have been excellent.
Next week, I'm going to set a SL = (Hi-Lo)/2
Attached Image (click to enlarge)
Click to Enlarge Name: euraud.jpg Size: 84 KB
  • #888
  • Mar 6, 2020 8:38am Mar 6, 2020 8:38am
Quoting zoraxfx
Hi Rob and PaulDV I used the SMC EA Basic Daily with default settings (post #685) Unfortunately the EA is not working correctly with a few pairs but Spikehunter is going to correct that. On the graph, le grey dotted lines are the hi lo monday-tuesday , le blue line the buystop and the red line the sellstop. No luck with EURAUD because the sellstop has been reached for only 3 pips: it's the main loss of the basket. Without this one, the results would have been excellent. Next week, I'm going to set a SL = (Hi-Lo)/2 {image}
Yeah, EURAUD was one I was stopped out on as well. It spiked into the trade. My EA (which I really must finish!) caters for this, so would not have entered, but, there you go.

Still a good week though.
"Pips are vanity. Profit is sanity."
  • #889
  • Mar 6, 2020 8:39am Mar 6, 2020 8:39am
Quoting Antony_sg
{quote} Hi PhillipmC My setting as like as @Erebus's method, I use daily chart to determine the trend before put order
Interesting, what was the trend for the GBPUSD before this week according to your determination?

What are your rules once you “know” the trend? I am assuming that you only trade in the direction of the trend.

Did you take any trade in GBPUSD? EDIT; checked your results, you had 2 Buy trades for GBPUSD, please explain the trend thing!

Thanks
It takes a lot for me to IGNORE you, but you can try.
  • #890
  • Mar 6, 2020 8:46am Mar 6, 2020 8:46am
Quoting tes724
Yeah IC marked is a nice broker with really low speads. A perfect place to be. Been using them for years now. https://www.icmarkets.com/ Testing on a small live account too. Happy with what i see. Thinking about adding DE30 and US30 next week. Maybe XAU. {image}
I was looking at this particular broker,
As you run a live account can you tell me how long is it before they stop the trial,
where you can use smaller amounts to trade with?
  • #891
  • Mar 6, 2020 8:58am Mar 6, 2020 8:58am
Quoting Spikehunter
{quote} That's what we need to hear. We'll done and good luck.

Hi Spikehunter
Just wondering how the EA is coming along
I know you said you are very busy and not got time to draw lines,
I was just wondering if you could build into the EA the ability to pick your own pairs
so if you only wanted to trade with just four pairs you would have that option.
  • #892
  • Mar 6, 2020 9:31am Mar 6, 2020 9:31am
Quoting redfan
{quote} Hi Spikehunter Just wondering how the EA is coming along I know you said you are very busy and not got time to draw lines, I was just wondering if you could build into the EA the ability to pick your own pairs so if you only wanted to trade with just four pairs you would have that option.
Just put 4 charts that you want and add the EA to them. It needs a chart to run. I have a new version coming out over the weekend. I'm frantically trying to test it before the market closes.

zoraxfx, I have changed to put stops at 50% of range for you.
  • #893
  • Mar 6, 2020 9:48am Mar 6, 2020 9:48am
This looks ok
Recommended use. Add chart set it up how you like then add EA.
Today it will automatically run. Next week it will wait until Wednesday to run them all.

Can someone at least try and try it before market closes today on any pairs that have not traded this week. USDCAD is one.
If you have multiple charts setup already, best to clear them before Wednesday.
I always have 26 up as I run other strategies as well.

Attached File(s)
File Type: ex4 EA Daily Mon Tues v1.0.ex4   22 KB | 244 downloads


SL is now Hi-Lo/2
TP is 100 points
  • #894
  • Mar 6, 2020 10:06am Mar 6, 2020 10:06am
Quoting Spikehunter
This looks ok Recommended use. Add chart set it up how you like then add EA. Today it will automatically run. Next week it will wait until Wednesday to run them all. Can someone at least try and try it before market closes today on any pairs that have not traded this week. USDCAD is one. If you have multiple charts setup already, best to clear them before Wednesday. I always have 26 up as I run other strategies as well. {file} SL is now Hi-Lo/2 TP is 100 points
Thats what I got on daily chart.
Attached Image
  • #895
  • Mar 6, 2020 10:18am Mar 6, 2020 10:18am
[quote = Spikehunter; 12795966] Cela semble correct Utilisation recommandée. Ajoutez un graphique, configurez-le comme vous le souhaitez, puis ajoutez EA. Aujourd'hui, il s'exécutera automatiquement. La semaine prochaine, il faudra attendre mercredi pour les exécuter tous. Quelqu'un peut-il au moins essayer et essayer avant la fermeture du marché aujourd'hui sur toutes les paires qui n'ont pas été échangées cette semaine. USDCAD en est un. Si vous avez déjà configuré plusieurs graphiques, mieux vaut les effacer avant mercredi. J'en ai toujours 26, alors que j'exécute également d'autres stratégies. {file} SL est maintenant Hi-Lo / 2 TP est 100 points [/ quote]

Many thx for this good job
I checked quickly and the EA seems to set the levels correctly but we need use it absolutely wesnesday morning to check with safety.
I noticed that EURGBP is displaying the good levels but no pending orders.
Maybe in your next version could you set a configurable TP and a SL .
How is working exactly the trailing stop ? in pips ?
  • #896
  • Mar 6, 2020 10:39am Mar 6, 2020 10:39am
Quoting Antony_sg
Thanks for @4esctasy's system IC market - real account, collect pips before NFP The 3rd week have profit {image}
Manual entries?
Thanks
Regards
  • #897
  • Mar 6, 2020 10:43am Mar 6, 2020 10:43am
Quoting 0xff
Guys, let's stop. You went somewhere in the wrong direction. Your interpersonal investigators go to the PM. This thread needs a moderator. In any case, I continue to test this strategy. You can see the results in my TradeExplorer. I’ll post the screenshots of pending orders at wednesday and the results of the week, regardless of the results.
Just traded your script this week, although it was not executed properly on some pair due to late execution. Below are the results, entry was taken at 15%.

Pips gained
Crude Oil +258
EURAUD -204 (If entry was at 25%, this trade would not have initiated)
GBPJPY -71 (If entry was at 25%, this trade would not have initiated)
GBPUSD +93
GBPCAD +206
AUDNZD -68 (It touched 25% level but chances are there that this trade was not initiated due to spread, still we consider it)
AUDCAD +16
EURUSD +90
EURCAD +163
USDCHF +115
EURGBP -65 (Wrong trade initiated, it did not cross Motu Hi Lo)
GBPNZD -184 (Wrong trade initiated, it did not cross Motu Hi Lo)
CADJPY +95
AUDJPY +16 (Wrong trade initiated, it did not cross Motu Hi Lo)
NZDJPY -24 (Wrong trade initiated, it did not cross Motu Hi Lo)
NZDUSD +2
NZDCHF +5 (Wrong trade initiated but it touched 25% entry and it would have been little loss trade)
NZDCAD +25
ETHUSD -9

NET GAIN = 595 Pips

If entry were at 25% and wrong trade are excluded, results would be much better.

Thanks.
  • #898
  • Mar 6, 2020 10:47am Mar 6, 2020 10:47am
Quoting pundit78
{quote} Just traded your script this week, although it was not executed properly on some pair due to late execution. Below are the results, entry was taken at 15%. Pips gained Crude Oil +258 EURAUD -204 (If entry was at 25%, this trade would not have initiated) GBPJPY -71 (If entry was at 25%, this trade would not have initiated) GBPUSD +93 GBPCAD +206 AUDNZD -68 (It touched 25% level but chances are there that this trade was not initiated due to spread, still we consider it) AUDCAD +16 EURUSD +90 EURCAD +163 USDCHF +115 EURGBP -65 (Wrong trade...
Nice array of trades there - crude oil is interesting!

If you had risked 1% on each trade, how much would you have gained for the week?
"Pips are vanity. Profit is sanity."
  • #899
  • Mar 6, 2020 10:59am Mar 6, 2020 10:59am
updating you on current week, i closed all the trade before nfp because it seems like gambling. and in my trading plan i do not trade with news that important. so for next months, i will close the trades before nfp. how ever got loss on audnzd, it was special, 1 pips in profit and then back to sl. so -1% on that, then i got other trades and ended all the week with + 3%. pretty cool right??
btw last week i made 43 % with this strategy so this week's percentage seems very small, but if this strategy can work well even in this condition it's a very good sign. how ever at the beginning of the week i put like 40 orders and only 7/8 was executed so it was very choppy market but very profitable. hope everybody is making money and really thank the creator of this strategy to share this content with us.
  • #900
  • Mar 6, 2020 11:23am Mar 6, 2020 11:23am
Quoting Spikehunter
This looks ok Recommended use. Add chart set it up how you like then add EA. Today it will automatically run. Next week it will wait until Wednesday to run them all. Can someone at least try and try it before market closes today on any pairs that have not traded this week. USDCAD is one. If you have multiple charts setup already, best to clear them before Wednesday. I always have 26 up as I run other strategies as well. {file} SL is now Hi-Lo/2 TP is 100 points
It opened a pending buy straightaway
but no pending sell order,
see picture

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_14.png Size: 28 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_13.png Size: 67 KB
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