Got it working on GU break.
5
Trading Rules for die-hards... 47 replies
Trading Systems work for 6-12 mnths then die? 14 replies
5 Rules to Trade or Die By 5 replies
Trading Live Against The Beast--Gbd/Jpy--(Do Or Die)-- 3 replies
die young 8 replies
Disliked{quote} Interesting results. When you say drawdown you mean the biggest losing trade that day right? Because you are closing down both trades at the end of the day anyway, as far as I can tell. Or are these longer term drawdown figures? I thought the idea was you take the Billy bar range, pending long at the top, pending short at the bottom, both with a 20 pip TP. Hopefully both will hit profit during the day, but if not, you will close the losing trade at the end of that day, and start all over again the following day. Unless I have this wrong?...Ignored
Disliked{quote} look at the realtrade examples, i started this yesterday. everyday one long and one short, when the range is triggered for +20. (some days only a long or a short) yesterday there were 2*20 trades=+40 today there was one +20 trade, one is waiting for a short. the drawdown or length of it i mean the period from high to low from a series of trades, example: -50, +20, -50, +10, -50, +20,+20,+20, +20, +20, +20, +20, +20= drawdown -120 the drawdown ends in my counting when the account reaches a new high. hope it is clear for you. {image}Ignored
Disliked{quote} Good post. try and log when the 20+ happens. ie, if its just after uk open for instance, Which bar ,maybe a certain bar at ,,example 08-00 9-00 , 10 etc. look for patterns because they do happen.Ignored
Disliked{quote} look at the realtrade examples, i started this yesterday. everyday one long and one short, when the range is triggered for +20. (some days only a long or a short) yesterday there were 2*20 trades=+40 today there was one +20 trade, one is waiting for a short. the drawdown or length of it i mean the period from high to low from a series of trades, example: -50, +20, -50, +10, -50, +20,+20,+20, +20, +20, +20, +20, +20= drawdown -120 the drawdown ends in my counting when the account reaches a new high. hope it is clear for you. {image}Ignored
DislikedYou gotta' luv, luv, luv this trading game, lol. Had the chart sitting open from the earlier plays and saw the initial off-the-cliff drop... Well, you know what that means! SPIKE-HUNT!!! Went in Long on the way back from the drop - happened so fast, I only got one trade on. The dotted green lines at the top were my initial sort-of targets (lines from 5 or 15-min...Ignored
Disliked{quote} That drawdown of 300 pips can probably be avoided by having an emergency stop at maybe 50 or 100 pips. Because like you saw, every now and then a day will come along to ruin all the fun. How many times in total did you get a drawdown of more than 100 pips?Ignored
Disliked{quote} Emergency stops are okay unless price leaps over them. And it often does.But a stop is better than no stop. At least it is triggered at the next available price. I think some spread bet firms allow the use of guaranteed stops but you pay a premium. But a one could argue that a premium is worth it to avoid seeing your account wither before your eyesIgnored
Disliked@ Sheppy. Hi Scott as requested here's the ea that ia1979 has had developed. Works good - give it a try and give some feedback. {file}Ignored
Disliked{quote} Thanks Claudia, much appreciated as always) What time frame ?30 min?Ignored
Disliked{quote} Don't think it matters. But on aj and ej I have it on the 30 mins.Ignored
Disliked{quote} Myself LOL Have you adjusted any of the settings/parameters etc?Ignored
Disliked{quote} Myself LOL Have you adjusted any of the settings/parameters etc?Ignored