Supernova GBP/JPY Mini Trend Catcher
Thank you very much for so fast answers! I have 2 more questions now:
1. Which pair is better to make the optimization on for the first time?
2. What hours should the EA trade?
Thx again
Added:
3. Is there any way to make the EA not trade on sertain hours? For example I set it to work at 8:00 to 20:00, is there a way to tell the EA not to trade on the exact range between 14:00 and 16:00?
I tried your system today with my live accout....I caught two trades at the tail end of trade (thanks to my lovely two babies at home etc..) ..it is consistent and, so far, reliable. following your factors i still made 40+ pips.
i'll will definately be following your system.
thank you for your hard work and sharing your hard work.
dread
Hi all,
an excellent week with this system so far. caught 50 pips going short and 50 long on e/j during london session yesterday. did not take partial profits this time as the moves were quite strong. so i decided to shoot for 50 and closed all positions.
Ab
:Hello, i'm following this thread for a while and this is the first post here.I'm using 1.4 version and 1.4 using 1,4,4.236 settings for QQEA,is it the best settings for QQEA?I also downloaded another template and that is using 4,10,4.236 for QQEA, which is the best settings?
Second question ; What is the best time to trade Gbp/Jpy ?
Note : I found this indicator it helps determine best trading zones.
Thanks for everyone
Hallo AB!
Cool results there and for EURJPY 50 pips is really a good target. It is normally reached with it and with the EA I found that the air gets thinner beyond the 70 pip range, so fifty is just right for that and leaves you some room.
Good Work!
Gnat
Actually, I have been playing around with entry on QQEA (4,10,4.05) and DMI, Exit on QQEA and Lag. Working pretty well so far.
http://i5.photobucket.com/albums/y17...70/current.jpg
Hallo FXTR, codox and Orion70!
About the QQEA: My personal view is, that playing with the SF (smoothing factor, that is the first of the three inputs) does not pay out at all. I am open for some education here, so do not feel like I am preaching here, LOL! I prefer to stick with a SF of "1" as it makes the smaller developement within the trade visible and will warn you before anything really happens.
Even within the EA a little visual aid can be good and as we are still searching for a good way to step out again, the values of the QQEA curves may play a role - then we need SF=1 as the others are producing thin lines only.
The RSI part of the QQEA seems to be hard to tweak with big results. This is a finetuning part that may play a bigger role in short TFs and needs to be explored there. It would be great if someone could do that here!
The Darfctor is the key to the reactivity of the QQEA and the timing of signals. This alters the behaviour even if moved by 0.1 and is a good means to exit on a different Darfactor (smaller!) then entering. Combined with the different TF it is possible to have a slower QQEA (Darfactor 4.5) on a 30M chart, to end a trade off the 1H chart with normal settings of the QQEA.
We have amazing possibilities here at our hands already and I guess if we test this EA along the lines of the initial system and then elaborate into the newer additions, this will be a really nice machine.
Cryten stated many times that a SF > 1 made no sense to him at all.
Have a good day all!
Gnat
Hallo Orion!
The results are really good and the one not so good trade up there is so small!! You enter on QQEA with the above mentioned settings, on a bit higher reactivity than normal and then take the DMI to filter the small false moves, right? What DMI setting are you running in combination with your slightly faster QQEA?
You are running the same setting there for Yen crosses and the "Other" crosses - well I am doing a single setting for everything at the moment also. Do you see differences between the behaviour of Yen crosses in comparison to all other pairs?
Ciao!
GMatt
QQEA with a SF of 1 may work for you but every forward test I have run shows small overall losses with that setting. I am currently using 4,10,4.05 and have 9 open trades, all well in profit.
I guess time will tell in the long run. So far, beta3 is the third best EA I have been testing. I am live with the other two but I think Supernova has even more potential.
)!
Hi Orion!
As I said: Open to education (Have you seen the new lower signature
I will have a look at the settings - would have done so anyway, as you showed us how good they worked in your post.
What other EAs are you running then? If there would be advertising involved, please use the PM.
With what I am doing right now I am more intentionally burning money to test the different functions of the EA and it really works very nice!
OH - and I cited Cryten from a Skype convo we had - that was not directed against you and you know he speaks "bluntly" to say the least!
Greetz!
GMatt
Cryten has far more knowledge and experience than me. I am just experimenting and posting my results
The other EA's I am using live are working well but I do not want to pollute this thread with unrelated topics. Will send you a PM.
Cheers
And Obiwan Cryten is really great at what he's doing and we owe him a lot here!!Actually, I have been playing around with entry on QQEA (4,10,4.05) and DMI, Exit on QQEA and Lag. Working pretty well so far.
http://i5.photobucket.com/albums/y17...70/current.jpg
I have ALL of the EA's but I can not find one that allows an Entry on both QQE and QQEA ( when both are in agreement) ...
