Rythm V.2 Demo Statements | Forex Factory

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Rythm V.2 Demo Statements

  • #1
  • First Post: Mar 25, 2008 9:49am Mar 25, 2008 9:49am
Well , first of all , I would like to apologize because of my english , since I am from Brazil , it is not that good , but not that bad too.
I have been testing the expert I found here called Rythm v.2 , I am using it since this week in some pairs and in gold.
I would appreciate if the ones who have statements of this EA in demo or even in live post them here to compare the results. Oh , and I am using no SL and no TP , just let it run to see how it really performs.The plataform I am using is from Lite Forex.
Attached File(s)
File Type: zip tests.zip   5 KB | 341 downloads
  • #2
  • Mar 25, 2008 12:03pm Mar 25, 2008 12:03pm
Will keep posting updated results
Attached File(s)
File Type: zip Test.zip   4 KB | 471 downloads
  • #3
  • Mar 25, 2008 6:15pm Mar 25, 2008 6:15pm
How does the EA trade?
  • #4
  • Mar 25, 2008 7:44pm Mar 25, 2008 7:44pm
Quoting FXExpert
Well , first of all , I would like to apologize because of my english , since I am from Brazil , it is not that good , but not that bad too.
I have been testing the expert I found here called Rythm v.2 , I am using it since this week in some pairs and in gold.
I would appreciate if the ones who have statements of this EA in demo or even in live post them here to compare the results. Oh , and I am using no SL and no TP , just let it run to see how it really performs.The plataform I am using is from Lite Forex.
Hi. Where did you get the Rythm v.2? if you don't mind sharing, I would like to test it too.
thanks
  • #5
  • Mar 25, 2008 8:01pm Mar 25, 2008 8:01pm
Quoting Rx8
Hi. Where did you get the Rythm v.2? if you don't mind sharing, I would like to test it too.
thanks
It is in this thread http://www.forexfactory.com/showthre...ighlight=rythm Just look at the clip of attachments in the upper right of each page.
  • #6
  • Mar 25, 2008 8:27pm Mar 25, 2008 8:27pm
Rhythm is part of the daily scalping system posted by tkimble some time ago.

 

  1. At 00:00 GMT, if the previous bar was UP, BUY, if DOWN, SELL.
  2. If the previous three bars were the same direction, take the opposite order. So, if the previous three bars were UP, SELL, if the previous three bars were DOWN, BUY.
  3. Set a 40 pip stoploss. When the stoploss is hit, enter the opposite order.
  4. Repeat until 23:00 GMT.
  5. Stop trading from 23:00 GMT to 00:00 GMT
  6. Repeat steps 1-5.

  • #7
  • Mar 25, 2008 8:29pm Mar 25, 2008 8:29pm
Quoting Ronald Raygun
Rhythm is part of the daily scalping system posted by tkimble some time ago.

  1. At 00:00 GMT, if the previous bar was UP, BUY, if DOWN, SELL.
  2. If the previous three bars were the same direction, take the opposite order. So, if the previous three bars were UP, SELL, if the previous three bars were DOWN, BUY.
  3. Set a 40 pip stoploss. When the stoploss is hit, enter the opposite order.
  4. Repeat until 23:00 GMT.
  5. Stop trading from 23:00 GMT to 00:00 GMT
  6. Repeat steps 1-5.

what is the frame ? h1 h4 d1 ??
  • #8
  • Mar 25, 2008 9:10pm Mar 25, 2008 9:10pm
d1, hence the daily scalping system.
  • #9
  • Mar 26, 2008 4:44am Mar 26, 2008 4:44am
Quoting FXExpert
Well , first of all , I would like to apologize because of my english , since I am from Brazil , it is not that good , but not that bad too.
I have been testing the expert I found here called Rythm v.2 , I am using it since this week in some pairs and in gold.
I would appreciate if the ones who have statements of this EA in demo or even in live post them here to compare the results. Oh , and I am using no SL and no TP , just let it run to see how it really performs.The plataform I am using is from Lite Forex.

do you use this ea for d1 ??

thank you
  • #10
  • Mar 26, 2008 6:49am Mar 26, 2008 6:49am
Sorry for taking so long to answer , this EA works nicely on daily charts , and I don't have results for today because yesterday I didn't actived it.You just have to put it on any chart you want and it will start working almost immediatly.Right now I am testing too pipmaker v3 wich is proving to be effective.Will post here the download for both experts , and your results are welcome here.I suggest you to put the first expert - rythm v.2 - on a lot of pairs of your choice , and to put the last but not least - pipmaker v3- , in just one pair and on M15 , I reccomend eur/jpy or gbp/jpy.Oh , almost forgetting , please , those who uses Windows Vista , the computer with the original configuration will shut down activities after one hour of use , I discovered that when I let it and went to sleep and when I saw , the expert wasn't working , just when I opened it again , it started.I believe this is in energy configuration , don't know exactly because my version is in portuguese.If this exists in XP or other versions too i suggest you to change too , if you work with experts.Will cya later folks , maybe with the results of pipmaker v3 and rythm v.2
Attached File(s)
File Type: zip experts.zip   7 KB | 331 downloads
  • #11
  • Edited 10:49am Mar 26, 2008 10:39am | Edited 10:49am
I didn't know exactly the system of rythm , so i was using it incorrectly , for that I think the EA is no necessary just follow the instructions above , at 00:00 GMT , if the previous bar was up or down you buy or sell , and if the three bars were up or down you sell or buy , set a stop at 40 , if it is hit , open the position in the contrary , and don't trade from 23:00 to 00:00.
Will test this manually and see what happens , and do some backtest too
Thanks Ronald Raygun , and the chart is the daily wallstreet03

Right now I am trying pipmaker , it has been opened in my acc for 4h and it has made me almost 20% in equity
Attached File(s)
File Type: zip 26-03-2008.zip   8 KB | 327 downloads
  • #12
  • Mar 26, 2008 12:59pm Mar 26, 2008 12:59pm
Quoting FXExpert
I didn't know exactly the system of rythm , so i was using it incorrectly , for that I think the EA is no necessary just follow the instructions above , at 00:00 GMT , if the previous bar was up or down you buy or sell , and if the three bars were up or down you sell or buy , set a stop at 40 , if it is hit , open the position in the contrary , and don't trade from 23:00 to 00:00.
Will test this manually and see what happens , and do some backtest too
Thanks Ronald Raygun , and the chart is the daily wallstreet03

Right now I am trying pipmaker , it has been opened in my acc for 4h and it has made me almost 20% in equity
How setting Pipmaker ver3 ??
  • #13
  • Last Post: Mar 27, 2008 10:12am Mar 27, 2008 10:12am
Plz , don't use pipmaker v3 it will kill your acc it is just a matter of when...
Look , I have been doing manual backtestings on the Rythm v.2 system on gbp/jpy and it is performing just fine.Just open the expert with settings at 40 SL at 00:00 GMT and let it run trought the night or day and put no TP , close the position when it comes to a beggining of another day.I suggest you use 10-20% of your acc if you are agressive and 2-5% if you are conservative , but it will give you a lot of profit anyway you choose to use it.That is my 2 cents , I expect you test retest it and as soon as the results come plz post them here.I will start today with this and will keep you updated as I said I would.
Thanks for the attention ,
Alexandre (Alexander) , Brasil (Brazil)
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