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Supernova GBP/JPY Mini Trend Catcher

  • #861
  • Sep 18, 2007 12:21pm Sep 18, 2007 12:21pm
Quoting finnfx
One losing trade today with EA. It took short on GJ where I personally wouldn't have cause in DMI DI+ was just below DI-, too close I think (look at the picture). Maybe we could code it to wait until there's more difference between lines. But in the end that was just one trade and I have to say that this system and EA... too good to be true Thanks again Cryten!

- finnfx
I got the EA coded more for 30min and up with filters off as I plan to trade 30min and below manual, I just think more discretion is required.

For testing purposes load it on smaller timeframes and see what overall p/l is at the end of the week. You never know
  • #862
  • Sep 18, 2007 12:24pm Sep 18, 2007 12:24pm
Quoting marc
Hi,

I have Supernova EA in my Experts folder, but I see it grey. I do not know what to do. Expert Advisor is on and allow live trading is ticked. Any help?

THX
You probably have EX4 version as they are usually greyed out. Should not be a problem though mql version is available now.
  • #863
  • Sep 18, 2007 12:45pm Sep 18, 2007 12:45pm
What is the difference between mql and the first version?
  • #864
  • Sep 18, 2007 12:46pm Sep 18, 2007 12:46pm
Hi,

Where is it?

THX
  • #865
  • Sep 18, 2007 12:58pm Sep 18, 2007 12:58pm
Quoting marc
Hi,

Where is it?

THX
http://www.forexfactory.com/showpost...&postcount=856
  • #866
  • Sep 18, 2007 12:59pm Sep 18, 2007 12:59pm
Quoting lcraft93
What is the difference between mql and the first version?
none except you cannot edit an EX4 file.
  • #867
  • Sep 18, 2007 3:25pm Sep 18, 2007 3:25pm
Quoting cryten
http://www.forexfactory.com/showpost...&postcount=856
Hi!

THX.
  • #868
  • Sep 18, 2007 10:32pm Sep 18, 2007 10:32pm
Hello Cryten and Supernova addicts,

Today was a fantastic day wow. The Supernova allowed me to place two trades this morning. My first buy ended up stopping me out at +20 PIPS (Spudfyre's way). The Supernova gave me permission to enter another buy and gave me 400 pips and I exited myself, I got scared and closed that baby. That's a total of +621 PIPS in 2 days. Thanks so much and again it's my DEMO account but I'm happy and a lot of people here are to. Happy Trading and God Bless Yall...
  • #869
  • Sep 18, 2007 10:41pm Sep 18, 2007 10:41pm
Quoting awesome792
Hello Cryten and Supernova addicts,

Today was a fantastic day wow. The Supernova allowed me to place two trades this morning. My first buy ended up stopping me out at +20 PIPS (Spudfyre's way). The Supernova gave me permission to enter another buy and gave me 400 pips and I exited myself, I got scared and closed that baby. That's a total of +621 PIPS in 2 days. Thanks so much and again it's my DEMO account but I'm happy and a lot of people here are to. Happy Trading and God Bless Yall...
Hi awesome,

What stop loss are you using, in case the trade is going against you?

Thanks.
  • #870
  • Edited 11:18pm Sep 18, 2007 11:17pm | Edited 11:18pm
I have been using the same stop loss that Cryten mention on the first post. It's called the Spudfyre's Way. Once your up 20 pips lock in 7 pips, once up 30 pips lock in 14 and once up 35 pips lock in 20. Then you can just ride the trade. With the H.A. candles if I see that positive candles turned into negative candles I lock in a few more pips if possible. That's what happen in my second trade today, there was two negative candles and then the trade became positive again. When it turned negative I locked in 40 additional pips. Then another 2 negative candles and I did not lock additional pips. The trade became positive again and it just kept going up. When the trade hit the Resistant 1 level I scramed (lol). I hope this help. I also default my stop loss to 60 pips on every trade.

Happy Trading!!

Quoting rapikbey
Hi awesome,

What stop loss are you using, in case the trade is going against you?

Thanks.
  • #871
  • Sep 18, 2007 11:23pm Sep 18, 2007 11:23pm
Thanks Awesome,

I also made many profitable trades using this system, but I am kinda fighting with the stop loss when the trade is going against you. I understand you are using 60 pips as the hard SL. I will try doing the same way.

This system is really great and it gives many more profitable signals than not.

Best Regards.
  • #872
  • Sep 19, 2007 12:45am Sep 19, 2007 12:45am
Skyline,
When setting up the email alerts for this system, how do you determine for which timeframe's Alerts you will get emailed about? (ex. I only want to be emailed for 15m TF not all others)
  • #873
  • Sep 19, 2007 8:25am Sep 19, 2007 8:25am
I Asked the coder a few questions from feedback received, please see below



Is It Possible, With This Ea, To Have A Stop Loss Set And To Have The Stop And Reverse Option Set To True Or Do They Negate Each Other?

I Ask Because I Changed My Setting To Implement A 40 Pip S/l But It Is Never Initiated When A Trade Goes In Using The Ea.

For the EA to work do I need to have certain indicators in the indicators folder or can it work standalone?



Hi.
Yes it is possible. If you put a stoploss (40 for example) and StopAndReverse function is enabled the ea will close the position when SL is reached or when a reverse signal is generated. If the trade hit the SL .. the EA will wait for another signal.
Yes you need the indicators you sent me to be on the platform. (QQE ,DMI, MomentumVT).

Optimu
  • #874
  • Sep 19, 2007 8:32am Sep 19, 2007 8:32am
Hiho, Cryten!

Thanks for the update. The EA is working fine so far and just scrambled into one loosing trade until now. I am slowly increasing the lotsize. GBPUSD on 30M, EURJPY on 30M and GBPJPY on 15M.
The entries seem to be a bit late. Does the EA wait for the DMI to cross also?

Thanks again for the great work and effort. BTW: What happened to your new job? Did you get it and is it the reason for moving?

Greetings
Gnat
  • #875
  • Sep 19, 2007 8:42am Sep 19, 2007 8:42am
Quoting Gnat
Hiho, Cryten!

Thanks for the update. The EA is working fine so far and just scrambled into one loosing trade until now. I am slowly increasing the lotsize. GBPUSD on 30M, EURJPY on 30M and GBPJPY on 15M.
The entries seem to be a bit late. Does the EA wait for the DMI to cross also?

Thanks again for the great work and effort. BTW: What happened to your new job? Did you get it and is it the reason for moving?

Greetings
Gnat
Hi, Yes I got the job, lots to do, gotta move, work off my notice here

This is the email I got back from the coder, maybe this relates?


>Here it is. Please test the EA and tell me if it is OK.
>You should know that you have a setting called Trade_Bar. If Trade_Bar is
>set to 1 the EA will look at the indicator values at the last bar. This
>last bar will not change any more because it is complete. If you set
>Trade_Bar to 0 the EA will use indicators values on the current bar which
>is not complete yet. This may cause false signals.
  • #876
  • Sep 19, 2007 8:53am Sep 19, 2007 8:53am
Hello Everyone,

Cryten thanks for the E.A. update I will try to hook that up today because I work as well and it will be nice to have an E.A. Even though I called out again today. I have made my demo account grow another +170 pips this morning and I'm know waiting for the 15 min tf candle to give me a buy which might be happening in the next 15 mins. Thanks you so much for your time and hard work. Gotta go DMI just crossed. happy trading!
  • #877
  • Sep 19, 2007 9:25am Sep 19, 2007 9:25am
Yes, if the market goes against me I just set the stop loss at 60 pips. The market can either hit the stop loss or go into profit for me. Like you said "This system is really great and it gives many more profitable signals than not", ain't that the truth !!!

Happy Trading and God Bless!!

Quoting rapikbey
Thanks Awesome,

I also made many profitable trades using this system, but I am kinda fighting with the stop loss when the trade is going against you. I understand you are using 60 pips as the hard SL. I will try doing the same way.

This system is really great and it gives many more profitable signals than not.

Best Regards.
  • #878
  • Sep 19, 2007 9:34am Sep 19, 2007 9:34am
Quoting awesome792
Yes, if the market goes against me I just set the stop loss at 60 pips. The market can either hit the stop loss or go into profit for me. Like you said "This system is really great and it gives many more profitable signals than not", ain't that the truth !!!

Happy Trading and God Bless!!
Really cool how your mastering supernova awesome, your a deadly space invader hehe
  • #879
  • Sep 19, 2007 10:14am Sep 19, 2007 10:14am
Yes! Cryten,

It's a great feeling. Thank you so much. Well I'm done for the day I will sleep now. I was just stopped out at +7 pips for my third trade of today. 1.) +20 2.) +150 3.) +7= +177. It's funny because I would have been stopped out at +20 pips on my second trade, but shortly after i placed the trade I felt asleep and when I woke up I was +123. I placed my stop at +60 and set a limit take profit for +150. So next week I will be demo trading the 30 min tf and see how it goes. Okay enough talking for me goodnight (lol it's 11:13 am in Florida). Happt Trading..

Quoting cryten
Really cool how your mastering supernova awesome, your a deadly space invader hehe
  • #880
  • Sep 19, 2007 10:35am Sep 19, 2007 10:35am
Quoting awesome792
Yes! Cryten,

It's a great feeling. Thank you so much. Well I'm done for the day I will sleep now. I was just stopped out at +7 pips for my third trade of today. 1.) +20 2.) +150 3.) +7= +177. It's funny because I would have been stopped out at +20 pips on my second trade, but shortly after i placed the trade I felt asleep and when I woke up I was +123. I placed my stop at +60 and set a limit take profit for +150. So next week I will be demo trading the 30 min tf and see how it goes. Okay enough talking for me goodnight (lol it's 11:13 am in Florida). Happt Trading..
G'night awesome
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