39/39 HI/LO SYSTEM

Quoting tradey

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amazing resultes guy!

i like the gbpjpy to, it is my favourite for short-period rides.
on how many pips do you set your sl for standard?

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Quoting Aad

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Hmmm, looks very interesting I'll be testing this puppy pronto. Thanks...

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Quoting jr2007

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I started this system on my live acct. last night. I currently have 3 opened positions 1 = 242pips, 2 = 253pips, 3 = 254pips.

All Shorts

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Quoting Aad

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By the way jr2007, do we keep the chart on the M30 or can we view other Time Frames without affecting the EA?...

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Quoting jr2007

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I have finally found a way to trade this system. This thread was originally the “13/13 1 hour system”. As with everything in life, it took many different versions, and many adjustments before success is met. Many, many, many thanks to Hayseed for all his hard work with the EAs. The EAs Hayseed created came with the ability to change the settings which made the success possible.


All tests were conducted using the strategy tester.

All Quarterly tests were conducted – going from the first of the month to the first of the fourth month.

All Monthly tests were conducted - going from the first of the month to the first of the following month.

In saying that, I introduce you to the:

“39hi/39lo 30min Monthly System” EA included

Using the Strategy Tester on the MT4, these are my Back-test Results:

$1000.00 Dollar Balance
GBPJPY
30min Chart
Both Long/Short
Money Management 0.01

39sma high
39sma low
Entry: First candle opening outside the 39/39 channel
Exit: 0 take profit – 80 stop loss – 100 trailing stop

Note: The EA contains a set number of entries. EA is set at 5 Entries: 2 Long / 2 Shorts

Each result is beginning with a $1000.00 dollar balance,
ending with the balance plus/minus Profit/Loss

2007 Year = $442,536.73





Quarterly:

1st qtr = $110,271.60

2nd qtr = $761.63

3rd qtr = $7679.91

4th qtr = -$821.90





Monthly:

JAN = $4879.84

FEB = $1137.38

MAR = $9351.20

APR = -$375.01

MAY = -$91.48

JUN = $1703.56

JUL = $547.13

AUG = $8019.26

SEP = -$819.34

OCT = -$822.10

NOV = -$24.19

DEC = $263.00



Entire Year 2007 going with the trend: $1,477,028.00 (Switching from Short only, and Long only, according to 30min trend.

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Quoting nvwine

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jr2007,

Thanks for posting your EA. I always enjoy trying out a new EA.
A couple of questions, do you have a set file with the preferred settings for some of the 'extern int's that are set to 0 or do you leave them all set to 0? Have you tried it on other pairs? I noticed the code is set up to create the magic number for a number of different pairs and time settings.

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Quoting TradeStar

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Thanks for the post. Very interesting.

Not sure how you got this number 442,536.73. If you add up all the quarters should it not equal to this number?

By any chance do you have results for previous years. 2007 was different in the sense there was huge crash which would have resulted in huge profit.

Lastly what is 0.01 in money management. Do you mean 10 cents per pip or 1 cent per pip.

Thanks again. Good work.

TradeStar

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Quoting jr2007

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I agree, they will not add up. Each monthly result was from the start of each month, ending at the end of each month. Meaning that if there were any trades opened, the were automatically closed at the end of that month. If the EA ran the entire year without interruption, then that is how you get the result $442,536.73

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Quoting TradeStar

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If you let it run for the whole year, that would mean you would have much more than 5 trades open at a time, right?

Thanks

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Quoting jr2007

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Please post your results. I had a friend test it for me on his pc. He came out with pretty good results, but different. We have the same broker. I would greatly appreciate it.

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Quoting aelimian

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Thank you for the great effort.
1. which broker are you using for testing and live trades?
2. How did define trend on the 30 min GBPJPY?

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Quoting jr2007

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I adjusted all settings to my liking after extensive research. If you leave all settings, and use it on a 30min chart, it seems to get pretty good results on the GBPJPY.

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   extern int         fastmaperiods          =      0;
   extern int         fastmethod             =      0;
   extern int         fastprice              =      0;
   
   extern int         slowmaperiods          =      0;
   extern int         slowmethod             =      0;
   extern int         slowprice              =      0;