DislikedMike, do you still running a IBFX version?
i got only bad results running it. I hope someone fix the problems with it to works exataly like your method.Ignored
The results I'm posting are from a NF demo.
rgs
mike
DislikedMike, do you still running a IBFX version?
i got only bad results running it. I hope someone fix the problems with it to works exataly like your method.Ignored
DislikedI think this is a fantatsic system with very good potential, thanks to mikelath for starting the thread and mtaboneweb for the on going detailed analysis. This is very useful and I think this is defintaely something to plough on with as previoulsy stated. The results are not shabby at all.
For those interested....
I have been testing the system manually as per page 1 with the following rules:-
1. Look back period 24hrs
2. Start time 8am GMT
3. Move 3rd order to b/e when TP2 hit
4. The first day I didn't cancel the opposite order but since then I have been
Here are my results
Sum of Net PipsPairDateEUR/JPYGBP/USD(blank)Grand Total28/11/200795510029/11/200700030/11/2007959519003/12/200745-90-4504/12/200745-90-4505/12/20070959506/12/2007-4545007/12/2007954514010/12/2007959519011/12/2007-900-9012/12/2007-9095513/12/20070-45-4514/12/2007-459550(blank)Grand Total200345545
Very early days, but 40 pips a day from 2 pairs is v good.
Good performance from GBP/USD which is interesting as this didn't give good results with the parameters used by Mikelath.
Perhaps there is something in my thoughts on post 1267. Time will tell.
Good luck allIgnored
DislikedHi,
As a novice can i ask what may seem foolish to yourselves but not to me at this stage. This system is based on a set & forget basis eg set at time of trade , then leave and come back later hopefully with a bag of pips. So after setting the trades can i then turn off my PC + EA ? If so on returning and switching back on the PC + EA will all calculations (profit totals) be inserted correctly ?
ThanksIgnored
DislikedHi
I have been trying the system and had some variable results. I have several questions. First, I have some outstanding results that are sometimes cancelled by losses. Should I change my stoploss to a lower number?
Secondly, I am currently using the reverse IBX system. Is that the best one at present or should I but using another version? If so where can I download it.
Thank you for your help.Ignored
Dislikedfor you guys john w has posted his system on the holy grail found thread.... maybe you guys may want to read it..... it may help you perfect YOUR daily 95 system... eg john w has a tp of only 20 pips and he uses s/r levels and buy stop orders only.... if you read his thread and skunnys new thread you may have better success with less stress... just my 2 cents.... also nicotina has a great breakout strategy as well.... which could be adjusted with john w's iinsights.... anyway merry holiday to all good luckIgnored
DislikedJust curious and 1300 plus replies is too many to filter through...can anyone tell me is there is an EA for this method, and if so provide me with a link to it?? Thank you in advance
I actually just went to the attachments page and found 119 attachments in this thread. Any idea which EA is used for MT4 using the standard accounts as a feed??Ignored
DislikedDaily95pips:
Date: Monday 17 December 2007
EURJPY -90
USDJPY nt
EURUSD +45
Total: -45pips
Comment: Utsahan nishchaya dhairyat....sanskrit for enthusiasm, perseverence and patience.Ignored
DislikedDaily95pips:
Date: Monday 17 December 2007
EURJPY -90
USDJPY nt
EURUSD +45
Total: -45pips
Comment: Utsahan nishchaya dhairyat....sanskrit for enthusiasm, perseverence and patience.Ignored
Dislikednice to see eur/usd got triggered and bank in some pips. Just wanna ask how your third TPing 50 pips got stopped out? SL @ BE? or trailing STOP? If it was trailing stop, how many pips did u set for TS?Ignored
DislikedI've been reading for the past several weeks emphasis on tweaking EA, which is fine. Those of us who don't mess with the EA possibilities are at a loss.
Also, I've the sense some are applying different rules into Mike's original.
What say we all share the different variations of Mike's rules & what works & what doesn't & try to put together a system format which works.
The results here are impressive. I've been trading on a demo, but in real time, for the past several weeks & got miffed a couple of weeks ago....so did the EA's
This thread shows what this forum is all about....Mike puts up the idea & everyone contributes & the system evolves from there. So, I propose that we circle the wagons, put forth what we've got, sort through it all, get everyone on the same page, and then turn everyone loose to get this system even better.
Thanks to you Mikelath & mtaboneweb especially, but the contributors on this thread....just really impressive. Good work everyone!Ignored
DislikedPetro - I completely agree with this. Mike has kicked off the thread and others are doing their own research, developing ea's, throwing ideas around, etc. Exactly how a forum should be.
Lets all keep working together. At some point I am confident we will have the blueprint of a consistantly profitable system.Ignored