geek, thanx for the headsup. also thanks for the work you've done on the ea. have a great weekend. will continue testing next week. Bob
Hej.
Linux Mint and MT4 5 replies
EA Key - Any example how to validate a key 3 replies
Need help with key to mint alert indicator 3 replies
Key Times 9 replies
DislikedTradergeek, I am a newcomer, but I applaud your efforts!!! this looks to be a good project! I will be demoing this EA and going live if it looks good... Thanks for your effort!
Mike.Ignored
Dislikedbe careful going live on any EA that does not have at least a 3 month to 6 month proven record of making money.
To say you will demo and go live if it looks good I can only hope you are talking a couple months down the road at a min.Ignored
Dislikedbe careful going live on any EA that does not have at least a 3 month to 6 month proven record of making money.
To say you will demo and go live if it looks good I can only hope you are talking a couple months down the road at a min.Ignored
DislikedThanks for the advice, I am still demoing the mint system also. I have kind of been a system jumper going from one to another and never doing well... I am going to try to stick to one, the mint, and give it some time. I won't go live with the EA or the system until I am confident in the results. Let see what happens!
Mike.Ignored
DislikedFor the record, I agree with this. Please don't run my EA (or any other) with real money until you are very comfortable with it.
That said, the bottom line is it all comes down to the system, not the EA. If the system is really 60% wins with a 1:1 risk/reward, and the EA runs the system correctly, the EA should be profitable.Ignored
DislikedI agree also, if the EA can do as well as me manually trading the system, I will use it.
I am using V3 which may be still buggy a per your earlier post. It opened 2 orders last night and closed within seconds "due to indicator change". A 3rd order, opened a buy on the GPD/USD and then closed 3 hours later just as it started to really drop, which was great instead of losing 30 pips it lost only 7. Hope this helps....
MikeIgnored
DislikedSpeaking of, do I need to disallow for the Sunday Candle? I thought I remembered reading somewhere that we use the Friday daily for the Monday signals?Ignored
DislikedYes, use the daily close on Friday for Monday's signal. I had to check my notes to make sureIgnored
DislikedHi This is my first post on this thread, I have read all the way too here and my eyes now feel like they have been dragged along the road for about a month. Anyway...
I have a question please.
I think I understand the signals.
Daily: EMAs cross and RSI cross the 50 level = trade next day in that direction on the H1
H1 EMAs cross + RSI cross 50 level + cros STOC but beware OB & OS. All 3 must be in place.
Question. Lets asume it's a Thursday and the DAILY crossed bullish on previous Monday and the trend has continued up with continuing paralel EMA lines.
Am I correct in thinking we do not trade as its a trend continuation and not a cross - even if the H1 shows all correct signals?
Apart from my having lost the plot, the other reson for the question is
I notice on 8 pairs (Daily charts) there is an average of 8.75 EMA crossings per pair over a 6 month period resulting in 70 possible trade opportunities (11.6 trades per month) and I thought this was low!
I hope this is not a pathetic question but I think I have read myself into confusion and lost the plot.
Thank you to anyone who is kind enough to help.Ignored
DislikedHi This is my first post on this thread, I have read all the way too here and my eyes now feel like they have been dragged along the road for about a month. Anyway...
I have a question please.
I think I understand the signals.
Daily: EMAs cross and RSI cross the 50 level = trade next day in that direction on the H1
H1 EMAs cross + RSI cross 50 level + cros STOC but beware OB & OS. All 3 must be in place.
Question. Lets asume it's a Thursday and the DAILY crossed bullish on previous Monday and the trend has continued up with continuing paralel EMA lines.
Am I correct in thinking we do not trade as its a trend continuation and not a cross - even if the H1 shows all correct signals?
Apart from my having lost the plot, the other reson for the question is
I notice on 8 pairs (Daily charts) there is an average of 8.75 EMA crossings per pair over a 6 month period resulting in 70 possible trade opportunities (11.6 trades per month) and I thought this was low!
I hope this is not a pathetic question but I think I have read myself into confusion and lost the plot.
Thank you to anyone who is kind enough to help.Ignored
DislikedBelow is my daily signals. I see a few newbies out there so, i decided to post this.
GJ - LONG
GU - NO TRADE
GC - SHORT
EJ - LONG
AJ - LONG
CJ - NO TRADE (note: Data feed from TradeStation)
good trading to all in the upcoming session!
T4LIgnored
DislikedA fresh cross on the dailies is not required to trade the following day. All that is required is that the emas' direction matches the rsi's direction.
So,
if 5ema is higher than 8ema, AND rsi is over 50, then trade long hourlies next day;
if 5ema is lower than 8ema, AND rsi is under 50, then trade short hourlies next day;
all other situations are a no trade.
This will give you more signals than you found.
Hope this helps,
VBroIgnored