Maybe it is just my bad luck but I never make money during the Asian session. Does anyone make consistent profits during that session?
Supernova GBP/JPY Mini Trend Catcher
- #4,604
- Jan 28, 2008 4:57am Jan 28, 2008 4:57am
I'm using it...pretty slick
- #4,606
- Jan 28, 2008 5:17am Jan 28, 2008 5:17am
- Joined Jun 2007 | Status: Unconventionable Conventionist | 2,768 Posts
I don't even try to trade the Asian session manually. The pairs jump around on low volatility like a drunken sailor. London open until US 12:00 EST works out best and my guess is that we will find exactly that in our tests. Since the EA can restrict times, we might be able to filter out some bad trades (like the GBPUSD last night) just by only allowing new trades during times when volatility is greatest (which make indicators more reliable).
My funny little Laguerre kept me out of all trades apart from the EURJPY long a few minutes ago. The entry was rather OK as to timing and it shows +30 pips right now. The stat-indie is saying just EURJPY(H1) on this and "closed" in the earlier timeperiod. I'll keep an eye on that.
I will read a bit back now
Good work - good feeling!
Matt
- #4,607
- Jan 28, 2008 5:21am Jan 28, 2008 5:21am
- Joined Jun 2007 | Status: Unconventionable Conventionist | 2,768 Posts
Maybe it is just my bad luck but I never make money during the Asian session. Does anyone make consistent profits during that session?
I have the two other testing platforms ready now, just in case there are other things needed to be looked at right now!
Hope you had a good weekend!
Ciao
Matt
- #4,609
- Edited 5:46am Jan 28, 2008 5:34am | Edited 5:46am
- Joined Jun 2007 | Status: Unconventionable Conventionist | 2,768 Posts
Hallo Master of Orion!
I realize a mistake that I must have made but cannot really understand. I "know" that I selected a mini-account and did so three times to set up my testing platforms. Now my sntest2 is trading one full lot. So I am up 75 USD right now and that is also why I stated that I was 30 pips up earlier. Staring at the charts I realized that the EURJPY barely moved.
How can we heal this now? Should I reopen a new account on that platform right now?
Grrrrr - Monday & me!
Matt
EDIT: Please let me know whether I healed it or not. New acc# 1827058 on IBFX with the same settings and this time a true mini! I put that one on the publishing mode with all the same settings. Hope I did not "DO" anything again.
I realize a mistake that I must have made but cannot really understand. I "know" that I selected a mini-account and did so three times to set up my testing platforms. Now my sntest2 is trading one full lot. So I am up 75 USD right now and that is also why I stated that I was 30 pips up earlier. Staring at the charts I realized that the EURJPY barely moved.
How can we heal this now? Should I reopen a new account on that platform right now?
Grrrrr - Monday & me!
Matt
EDIT: Please let me know whether I healed it or not. New acc# 1827058 on IBFX with the same settings and this time a true mini! I put that one on the publishing mode with all the same settings. Hope I did not "DO" anything again.
- #4,610
- Jan 28, 2008 5:51am Jan 28, 2008 5:51am
One of the old Supernova EAs is pretty good around the clock with QQE only settings on the 4H and seems to get good and profitable exits especially during the Asian session. When I tried to leave Asia out, the performance crumbled. But I guess that was the specific coding error that was in that early version (not a Glenn series EA then).
I have the two other testing platforms ready now, just in case there are other things needed to be looked at right now!
Hope you had a good weekend!
Ciao
Matt
Actually, my QQE testbed is QQE only and I test extensively on H4 and D1. The signals are really great and my more reactive version gets in with really great fills. The only problem with it is it is sometimes too reactive and reacts to a brief spike in price. However, as we can see from early testing, some of these indicators (CCI, LaGuerre, etc) are doing a really good job of filtering.
Once we add pyramiding, scaling in/out, PSar TS we will capture more profit especially on the longer TF's where the trends often behave really well for good MM.
Rick
- #4,611
- Jan 28, 2008 5:54am Jan 28, 2008 5:54am
- Joined Jun 2007 | Status: Unconventionable Conventionist | 2,768 Posts
Hi Matt,
Actually, my QQE testbed is QQE only and I test extensively on H4 and D1. The signals are really great and my more reactive version gets in with really great fills. The only problem with it is it is sometimes too reactive and reacts to a brief spike in price. However, as we can see from early testing, some of these indicators (CCI, LaGuerre, etc) are doing a really good job of filtering.
Once we add pyramiding, scaling in/out, PSar TS we will capture more profit especially on the longer TF's where the trends often behave really well for good MM.
Rick
And maybe by then I am capable of opening a mini-account if I am asked for one and do not ruin tests by being the only moron running standard lots... I am gnawing my desk edges right now!
Matt
edit: It seems to have worked - I am in the list with the new account already. So I hope it'll take the trade again after the next candle and at least simulate the lost long position on EURJPY.
- #4,619
- Jan 28, 2008 10:10am Jan 28, 2008 10:10am
Right
And maybe by then I am capable of opening a mini-account if I am asked for one and do not ruin tests by being the only moron running standard lots... I am gnawing my desk edges right now!
Matt
edit: It seems to have worked - I am in the list with the new account already. So I hope it'll take the trade again after the next candle and at least simulate the lost long position on EURJPY.
No harm done
This is a pretest anyway