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Simplicity is the Key

  • #2,601
  • Edited May 12, 2008 9:47pm Apr 20, 2008 6:16am | Edited May 12, 2008 9:47pm
Major Changes....Whew .. I have found a major error. Could have wipe out the account . an unending relooping.. Here are the new ones .. Discard the others as it might be used by mistake.
  • #2,602
  • Apr 20, 2008 8:34pm Apr 20, 2008 8:34pm
Dont get bored.. No trades yet. The market is not moving so our EA is preventing us from making trades at this kind of market. I f you are using NF there is a NU trade on the Ultimate and Delight. Ultimate did enter a bit faster than the Delight reason why the Delight is a lot more negatives than the Ultimate. witn Interbank no trades yet, perhaps towards London open trades will be opening quickly. Good Luck
  • #2,603
  • Apr 20, 2008 8:52pm Apr 20, 2008 8:52pm
Great Thanks for your update.
We are here waiting for your calls.
  • #2,604
  • Apr 20, 2008 9:12pm Apr 20, 2008 9:12pm
I dont have any Long Term Trade at the moment, i will post it on the "Signal thread" if i made one. Its kind of slow when the market is just starting to move.
  • #2,605
  • Apr 21, 2008 1:40am Apr 21, 2008 1:40am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Morming All
well 13pairs set up on MT4 demo, no trades yet. Ultimate EA, been running 10mins,

?TP is 60 and Sl is 300pips, are these to be left like this?
i notice in the post (prvious page) it was 60 and 100 pip Sl on delight, so wasn't sure if i needed to adjust them.

left as is until told otherwise.
  • #2,606
  • Apr 21, 2008 2:57am Apr 21, 2008 2:57am
Quoting MPP
Morming All
well 13pairs set up on MT4 demo, no trades yet. Ultimate EA, been running 10mins,

?TP is 60 and Sl is 300pips, are these to be left like this?
i notice in the post (prvious page) it was 60 and 100 pip Sl on delight, so wasn't sure if i needed to adjust them.

left as is until told otherwise.
No Adjustment..It is like that SL 300 ...tp 60 that is for most of the pairs and it is 100 for jpy crosses etc. not shown but coded.
  • #2,607
  • Apr 21, 2008 3:00am Apr 21, 2008 3:00am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting trader101
No Adjustment..It is like that SL 300 ...tp 60 that is for most of the pairs and it is 100 for jpy crosses etc. not shown but coded.
so what happens if i adjust it, just a thought, not an intention - will it affect both TP's by the same amount - ie 60pips tp moved to 100pips, will it move the 100 to 140?

1 GU sell trade opened.
  • #2,608
  • Apr 21, 2008 3:05am Apr 21, 2008 3:05am
Quoting MPP
so what happens if i adjust it, just a thought, not an intention - will it affect both TP's by the same amount - ie 60pips tp moved to 100pips, will it move the 100 to 140?

1 GU sell trade opened.
it will pocket the 1st tp and then evaluate if the trend continues if it does reopens otherwise stops
  • #2,609
  • Apr 21, 2008 3:07am Apr 21, 2008 3:07am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting trader101
it will pocket the 1st tp and then evaluate if the trend continues if it does reopens otherwise stops
Cheers, i know the EA is set and forget, but i just like to know whats going on sometimes. should have looked at the GU trade and it would be clear to see the 100pip TP

catch you later, i have work to do now.
  • #2,610
  • Apr 21, 2008 5:32am Apr 21, 2008 5:32am
Quoting trader101
it will pocket the 1st tp and then evaluate if the trend continues if it does reopens otherwise stops
trader101, just want to comment on a teriffic job on your EA's. I have been running the ultimate for a few hours and already have two profitalbe trades. I am normally an indicator kind-a-guy. Strange to have a robot do the trading for me. May I ask what signals the buys and sells (indicator/s wise) or are you keeping that close to your chest?

Will continue with interest with your journey.

Once again well done.

regards,

Damo.
where thought goes energy flows
  • #2,611
  • Apr 21, 2008 7:03am Apr 21, 2008 7:03am
Quoting Damo12
trader101, just want to comment on a teriffic job on your EA's. I have been running the ultimate for a few hours and already have two profitalbe trades. I am normally an indicator kind-a-guy. Strange to have a robot do the trading for me. May I ask what signals the buys and sells (indicator/s wise) or are you keeping that close to your chest?

Will continue with interest with your journey.

Once again well done.

regards,

Damo.
Thanks ..Bro..
I am demoing the Ultimate and the Delight on both the NF and IBF
PIPs Collected so far:
Ultimate: NF =340 , IBF = 420
Delight : NF = 280 , IBF = 360

I am not using any customized indicator just a few normal one. It is purely price action and the unknown THEORY of "Basket Trading" explain simply as All Currencies in the world are corelated to each other. If some dips other will rise. I took advantage of the rise and dips that is why the 13 currencies to trade.
  • #2,612
  • Apr 21, 2008 7:08am Apr 21, 2008 7:08am
Broker: Alpari
Pairs: AU, EA, ECHF, EG, EJ, EU, ECAD, GCHF, GJ, GU, NU, UCAD, UCHF and UJ
Demo Account: 5000€
Started: 4/20 22GMT
So far Equity: 5550€
Unbelievable.
  • #2,613
  • Apr 21, 2008 7:10am Apr 21, 2008 7:10am
Quoting malarraz
Broker: Alpari
Pairs: AU, EA, ECHF, EG, EJ, EU, ECAD, GCHF, GJ, GU, NU, UCAD, UCHF and UJ
Demo Account: 5000€
Started: 4/20 22GMT
So far Equity: 5550€
Unbelievable.
Amigo,
If you dont mind. i will need a statement of Alpari at the end of the week. I will need it for further evaluation. I could no longer demo Alpari thats the reason. Also thank you for using them. I need others who are demoing other broker besides the one we already use.
  • #2,614
  • Apr 21, 2008 7:24am Apr 21, 2008 7:24am
If you are using the "Trader Best", note that it is a slow EA very selective and only choose high probability trades. Very ideal to those who have limited balance and do not like high risk trades. Ultimate is very quick and high risk EA hit rate should be 55-60%. Delight is medium risk EA.
  • #2,615
  • Apr 21, 2008 7:30am Apr 21, 2008 7:30am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting trader101
Amigo,
If you dont mind. i will need a statement of Alpari at the end of the week. I will need it for further evaluation. I could no longer demo Alpari thats the reason. Also thank you for using them. I need others who are demoing other broker besides the one we already use.
I'm running the Metatrader demo - with there own feed. if you have any recomendations for other brokers i'll be happy to run a couple more for you.

MPP
  • #2,616
  • Apr 21, 2008 7:32am Apr 21, 2008 7:32am
Quoting MPP
I'm running the Metatrader demo - with there own feed. if you have any recomendations for other brokers i'll be happy to run a couple more for you.

MPP
Maybe FXDD and Neumix also MIG
  • #2,617
  • Apr 21, 2008 10:45am Apr 21, 2008 10:45am
Quoting trader101
Amigo,
If you dont mind. i will need a statement of Alpari at the end of the week. I will need it for further evaluation. I could no longer demo Alpari thats the reason. Also thank you for using them. I need others who are demoing other broker besides the one we already use.
OK. I will attach it next saturday.
  • #2,618
  • Apr 21, 2008 10:54am Apr 21, 2008 10:54am
Quoting trader101
Maybe FXDD and Neumix also MIG
Demo setup on FXDD
Account Balance: $3,000
EA: Ultimate
CP: E/U, U/Chf, U/Cad, A/U, E/G, E/Chf, G/U, U/J, E/J, G/J, G/Chf, A/J, CAD/J
Started 11:50 AM EST 4/21/08
  • #2,619
  • Apr 21, 2008 12:04pm Apr 21, 2008 12:04pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting trader101
Maybe FXDD and Neumix also MIG
Mig demo ordered, will be set up by tonight. on Ultimate
  • #2,620
  • Apr 21, 2008 3:01pm Apr 21, 2008 3:01pm
thanks to Afxtrader, malarraz & MPP for demoing it in different brokers. Just for clarification. When Ultimate is just installed for the first time. It may take a little while for it to trade. Because it will wait for the reverse trend to trade. It will not ride with the existing trend when it opened. Reason why i did this is because we dont know if the extg trend is already ending and then we just come in to loss. better we start at the beginning of the trend. This was the problem highlighted by MPP with our last week EA, that we made a losses at the beginning of the week. Hope this clears some anxiousness that the EA is not working. As long as the smiley face is there and you see the ULTIMATE title it is working.
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