Can’t watch my pips growing on my demo account as it is 10 am here in the UK and I’m in my office, company firewall doesn’t let me to install and run MT4
- #803
- Mar 19, 2008 7:30am Mar 19, 2008 7:30am
- | Membership Revoked | Joined Oct 2007 | 2,124 Posts
the system is very simple
all were using is 2 parabolic sar indicators
one on a higher tf
the higher tf is the trend direction
if its hit, thats where the hedges happen
the psar on lower tf is re-entries
when market goes crazy from news or whatever
like earlier, i just kept dragging the sell script to the chart getting all the entries i could
the ea stayed busy closing them as i kept hitting my targets
youl get requotes with the script, i probly got 1 entry per 3 tries average
when markets crazy like that i just keep trying
only diference in h1 settings is dif psar's on dif tf
very very simple
right now the trend is short, so if you add trades, add shorts
but i wont add on while were making higher highs n lows on m5 like now
all were using is 2 parabolic sar indicators
one on a higher tf
the higher tf is the trend direction
if its hit, thats where the hedges happen
the psar on lower tf is re-entries
when market goes crazy from news or whatever
like earlier, i just kept dragging the sell script to the chart getting all the entries i could
the ea stayed busy closing them as i kept hitting my targets
youl get requotes with the script, i probly got 1 entry per 3 tries average
when markets crazy like that i just keep trying
only diference in h1 settings is dif psar's on dif tf
very very simple
right now the trend is short, so if you add trades, add shorts
but i wont add on while were making higher highs n lows on m5 like now
it looks like you know how to use it for better performing.
I have to say i don't understand very well how and when you add manual trades to optimize profit...
- #804
- Mar 19, 2008 7:32am Mar 19, 2008 7:32am
- | Membership Revoked | Joined Oct 2007 | 2,124 Posts
looks good to me
yep !
I opened a new demo acct yesterday on MIG with my 5M modified settings :
it's been runing for 20 hours with 0.1 lots
opened with 10000 and equity now is 10390
I didn't put any manual trade....
What do you think about that ? Looks normal to you ?
- #805
- Edited 3:04pm Mar 19, 2008 7:34am | Edited 3:04pm
by default its already h1
you apply the m5 set file
use m5, when u think ea might struggle
switch to h1 set file
maybe instead of setfiles
il make the ea switch depending on what tf you have it on
that might simplify things
Then we 'd just have to activate and desactivate the EA on the graph we want to work...sounds better to me because you can watch trends on the 2 TF all time long...no ?
(sorry for my english if i'm not clear, its not my mother tongue language...)
- #812
- Mar 19, 2008 7:46am Mar 19, 2008 7:46am
- | Membership Revoked | Joined Oct 2007 | 2,124 Posts
keep tabs on news and have ur finger on the trigger
most of the time the ea is already trading in the direction of the news, if not then dont add
most of the time the ea is already trading in the direction of the news, if not then dont add
to me too, i just hope i'll manage with time to learn to use it more efficiensly like you do man ! so I can refund you faster !!!