Daily95pips

Ok...I hit all the TP that were in my EA on the GJ just now... but i left many pips on the table because I did not have a Trailing stop. I know that sometimes a trailer is a bad thing because it may stop me when it retraces but if you could put a 50 pip trailer I think that may work.

So on the EA how would you change it so that the 3rd position could have a trailer?

I love it so far... thanks for creating it

The following is the order information for IBFX as of 17:00 EST Wednesday

EUR/USD
BuyStop = 1.4738
SellStop = 1.4611

USD/JPY
BuyStop = 114.27
SellStop = 112.53

EUR/JPY
BuyStop = 167.24
SellStop = 164.73

Pips To All!

As most of you have found out today, the EA has a problem with getting the orders in when the price is so close to the stop and the market is moving quickly at 17:00. This is a problem that will need to be investigated. I will keep you all up to date if I can find out more information.

I do not believe it is a EA programming problem, but we may need to add some program contexts for this situation.

Have A PipFull Day!

Hello

someone is using EA account real?

hi,
I load EA for fxdd fall version and its have smily face also on usd/jpy but did not open any trade now, can somebody explain me why it did not open any trade

Thanks

I have 4 pairs that I use with the EA. However most of the time only 2 pair will load and the other 1 or 2 won't load at all. I use the GBP/USD, the USD/JPY the AUD/USD and the EUR/JPY but most of the time only 2 pairs out of 4 will actually load with the EA. I don't mean they won't trigger any trades, I mean they won't load at all some days! Is this a bug in the EA? Thanks, Paris

Do you still use the EA When big news announcements are on the horizon...such as NFP?? Or do you sit on the sideline that day. I guess the question is valid for both the EA or Manually using the system.

The EA worked great for me yesterday... first time using it on a demo account with FXDD.

One more question can I set the Lot size and / or Risk amount?

Thanks again to all for all your hard work on the EA (PIPHUNTER196) and for the system (MIKELATH). this really fits how I like to trade.

EDIT : Thanks I found the answers on Post #818... also thanks to pr1mer for the EA

Here are the IBFX results for today:

EUR/USD = No Trades Activated

USD/JPY = SellStops Activated
Order #1 = +15 Pips
Order #2 = +30 Pips
Order #3 = Break Even

EUR/JPY = BuyStops Activated
Order #1 = +15 Pips
Order #2 = +30 Pips
Order #3 = +50 Pips

Total: +140 Pips / +$124.63

Week Total: +170 Pips / +$174.97

Please Note that I run the expert with set lots of .10 on a standard account with no trailing stop for test purposes. I also run a separate expert for each pair with the EAMagicNo changed for each pair. This is just my way of doing it. It is a very complicated expert and some have stated that it is not opening the correct amount of pending orders while using the same expert on all pairs at the same time.

not sure, but i think i read somewhere that you need to change the magic number, try changing the last 2 digits on each pair.

The following is the order information for IBFX as of 17:00 EST Thursday

EUR/USD
BuyStop = 1.4709
SellStop = 1.4620

USD/JPY
BuyStop = 113.44
SellStop = 112.17

EUR/JPY
BuyStop = 166.23
SellStop = 164.44

Pips To All!

Daily95pips:

Date: Monday 5 November 2007
EURJPY -90
USDJPY -90
EURUSD nt

Total: -180pips

Comment: We seem to be enduring a rough patch. Time will tell if market conditions have changed to the point of rendering this strategy invalid. I'll remain optimistic.

Date: Tuesday 6 November 2007
EURJPY +15
USDJPY nt
EURUSD +88

Total: +103pips

Comment: So far the use of the trailing stop has reduced profitability on the 3rd order instead of increasing it. I guess it's a matter of determining whether the increased pips on strong trending days will compensate for the days when price retraces to hit the TS. I will wait a week or two before reverting back to the set 50PT.

Date: Wednesday 7 November 2007
EURJPY +75
USDJPY -90
EURUSD +108

Total: +93pips

Comment: The trailing stop on the 3rd order locked in +30pips on EJ and +63pips on EU. The EA in North Finance did not calculate the days long orders for EJ so the above result is from my IBFX demo.
I'm now using 30 as the setting for UpdateToBE to give the 2nd and 3rd orders more room to move.

Date: Thursday 8 November 2007
EURJPY +87
USDJPY +45
EURUSD nt

Total: +132pips

Comment: The EA again didn't calculate short orders on EJ in NF, so the results are taken from both NF and IBFX demo's. The TS continues to hamper profits rather than increase them. I'm waiting for a strong trend with little retracement to prove me wrong. After a shaky start to the week things are now looking up.

Here are the IBFX results for today:

EUR/USD = BuyStops Activated
Order #1 = +15 Pips
Order #2 = Break Even
Order #3 = Break Even

USD/JPY = SellStops Activated
Order #1 = +15 Pips
Order #2 = Break Even
Order #3 = Break Even

EUR/JPY = SellStops Activated
Order #1 = +15 Pips
Order #2 = Break Even
Order #3 = Break Even

Total: +45 Pips / +$41.83

Total For Week: +215 Pips / +$216.80

Total Since 10/29/07: +250 Pips / +$227.60

Please Note that I run the expert with set lots of .10 on a standard account with no trailing stop for test purposes. I also run a separate expert for each pair with the EAMagicNo changed for each pair. This is just my way of doing it. It is a very complicated expert and some have stated that it is not opening the correct amount of pending orders while using the same expert on all pairs at the same time.

---------------------------------------

PipHunter: Hello!

For this week I got +397 total (from Tueday to today).
On my statement shows that some of the trades are canceled.
Under what conditions, trades would be canceled.
Could anyone explain me, please.
Thank you in advance.
Sincerely,
rswamy4449
PS: I was unable to upload my statement here!

Rswamy4449,


What pair(s) are you trading?

Thanks,
Sam

Hello rswamy4449,

The reason that some orders are canceled is because when the stops in one direction are triggered, the stops in the other direction are canceled. Example, if the BuyStop Pending Orders are triggered, The SellStop Pending orders will be canceled (or deleted).

Hope this helps!

Have a Pipfull Day!

Daily95pips:

Date: Monday 5 November 2007
EURJPY -90
USDJPY -90
EURUSD nt

Total: -180pips

Comment: We seem to be enduring a rough patch. Time will tell if market conditions have changed to the point of rendering this strategy invalid. I'll remain optimistic.

Date: Tuesday 6 November 2007
EURJPY +15
USDJPY nt
EURUSD +88

Total: +103pips

Comment: So far the use of the trailing stop has reduced profitability on the 3rd order instead of increasing it. I guess it's a matter of determining whether the increased pips on strong trending days will compensate for the days when price retraces to hit the TS. I will wait a week or two before reverting back to the set 50PT.

Date: Wednesday 7 November 2007
EURJPY +75
USDJPY -90
EURUSD +108

Total: +93pips

Comment: The trailing stop on the 3rd order locked in +30pips on EJ and +63pips on EU. The EA in North Finance did not calculate the days long orders for EJ so the above result is from my IBFX demo.
I'm now using 30 as the setting for UpdateToBE to give the 2nd and 3rd orders more room to move.

Date: Thursday 8 November 2007
EURJPY +87
USDJPY +45
EURUSD nt

Total: +132pips

Comment: The EA again didn't calculate short orders on EJ in NF, so the results are taken from both NF and IBFX demo's. The TS continues to hamper profits rather than increase them. I'm waiting for a strong trend with little retracement to prove me wrong. After a shaky start to the week things are now looking up.

Date: Friday 9 November 2007:
EURJPY +132
USDJPY +82
EURUSD +45

Total: +259pips

Comment: The trailing stop finally worked to my advantage on EURJPY locking in +87pips on the 3rd order instead of the usual +50pips, though USDJPY only locked in +37pips on the 3rd order. A great way to end the week nevertheless.

Total for week ending Friday 9 November 2007: +407pips


Weekly Results:

Total for week ending Friday 9 November 2007: +407pips
Total for week ending Friday 2 November 2007: -101pips
Total for week ending Friday 26 October 2007: +415pips
Total for week ending Friday 19 October 2007: +110pips
Total for week ending Friday 12 October 2007: +130pips
Total for week ending Friday 5 October 2007: +288pips
Total for week ending Friday 28 September 2007: +280pips
Total for week ending Friday 21 September 2007: +1050pips
Total for week ending Friday 14 September 2007: -651pips
Total for week ending Friday 7 September 2007: +164pips
Total for week ending Friday 31 August 2007: +585pips

Grand Total: +2662pips


Individual Pair Results:

Daily95pips individual pair results for week ending Friday 9 November 2007:

EURJPY +219
USDJPY -53
EURUSD +241

Total: +407pips

For the past 11 weeks:

EURJPY +1713
USDJPY +288
EURUSD +656

Total: +2657pips

Comment: We're continuing to make new ground on the total, however USDJPY has had a negative result for the past 2 weeks. It's quite obvious that EURJPY is the best suited pair to this strategy. After the EA has been tweaked a little more I'll start considering going live.

http://www.forexfactory.com/images/buttons/quote.gif

Hi Folks!

I have been a lurker on this thread for some time. I have been testing a similar breakout system for some time now. I have also been testing this one and I like the performance, especially on the EJ pair. I am going to go live with this on just the EJ pair on Monday. I will keep you posted on my results.

Have a great weekend all!

I've been using the EA since Nov.2nd on the USD/JPY, EUR/JPY, and GBP/USD and AUD/USD Daily Pips EA and I'm up +275 pips net profit so far. The Piazza method EA has brought me in +280 in the same time period and the QBOT EA from the forex-tsd forum for another +150 pips. Total from November 2nd to November 9th. +705 pips profit. Life is Good. Paris

I notice that Mike edited his post#1 today.

Does it reflect the present system rules?

Thank you

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samantha: Hello!
Presently, I am trading gbpjpy,eurjpy,eurusd,gbpusd and usdchf pairs.
Thank you!
Sincerely,
rswamy4449