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Simplicity is the Key

  • #2,961
  • May 3, 2008 1:47pm May 3, 2008 1:47pm
Added Trader Best[3] with a trailing stop of 20. Attachement on Page 1
  • #2,962
  • May 3, 2008 1:53pm May 3, 2008 1:53pm
Suggestions:
Somebody try opening only the EA at 30 min before London Open. Set a target of $500 upon reaching it Removed EA and Close all trades. Then wait again for the nex day same time 30 min before London OPen reattached EA again. Close only after reaching 500 or it is weekend closing. Keep it open if total is less than 500.
  • #2,963
  • May 3, 2008 3:43pm May 3, 2008 3:43pm
Clarification please, T101:

1. Remove/reattach: Do you mean pressing the Expert Advisor button on top and set the smilies off/on? This is a one action operation and preferred. Or do you mean to actually remove EA from all the 13 pairs and reattach to all 13 pairs again? It's a hassle but will do so, if this is a must.

2. Close on weekend all the time?

Thanks, RS

Quoting trader101
Suggestions:
Somebody try opening only the EA at 30 min before London Open. Set a target of $500 upon reaching it Removed EA and Close all trades. Then wait again for the nex day same time 30 min before London OPen reattached EA again. Close only after reaching 500 or it is weekend closing. Keep it open if total is less than 500.
  • #2,964
  • May 3, 2008 3:53pm May 3, 2008 3:53pm
Hello Trader,

thanks for sharing your EA. The results are fantastic!
I have the Ultimate Trader (3m) set up for next week's trading.
But I need to know one thing.
I am trading with TradeView which has the 3 decimals.
I am using the (3m) EA; do I leave the lot input at 1.0
if I want to trade micro lots?
Usually I would use the input 0.01

Thanks again

Regards
  • #2,965
  • May 3, 2008 4:20pm May 3, 2008 4:20pm
I want to learn how to run the EA on meta trader I've never run any EA it's my first experience can someone help me please. I want to try this EA wich one do you suggest from those that 101 offer?
  • #2,966
  • May 3, 2008 6:41pm May 3, 2008 6:41pm
Quoting RisingSun
Clarification please, T101:

1. Remove/reattach: Do you mean pressing the Expert Advisor button on top and set the smilies off/on? This is a one action operation and preferred. Or do you mean to actually remove EA from all the 13 pairs and reattach to all 13 pairs again? It's a hassle but will do so, if this is a must.

2. Close on weekend all the time?

Thanks, RS
If the span of time between closing and its reopening is at least 10 hours its ok to just turn it off. Enough time to let the current trend finish. If less than
10 hours. It must be reattached in order to to allow EA to gather new data and to reset its variable. You dont have to removed just redrag the EA over the EA. Yes thats what we do close weekend trades. Not good to keep trades open on weekends.
  • #2,967
  • May 3, 2008 6:45pm May 3, 2008 6:45pm
Quoting Pluto2
Hello Trader,

thanks for sharing your EA. The results are fantastic!
I have the Ultimate Trader (3m) set up for next week's trading.
But I need to know one thing.
I am trading with TradeView which has the 3 decimals.
I am using the (3m) EA; do I leave the lot input at 1.0
if I want to trade micro lots?
Usually I would use the input 0.01

Thanks again

Regards
It will not work well in a 5 digit price. It will screwed up the SL and TP settings. It will close trades early it can also open trades early. I might blew your account early too. LOL.. Since you are only testing why dont you open a regular 4 digit price brokers??
  • #2,968
  • May 3, 2008 6:46pm May 3, 2008 6:46pm
Quoting Bridge
I want to learn how to run the EA on meta trader I've never run any EA it's my first experience can someone help me please. I want to try this EA wich one do you suggest from those that 101 offer?
The is the tutorial in the Metatrader forum, you can learn from there quickly.
  • #2,969
  • May 3, 2008 7:19pm May 3, 2008 7:19pm
I will not trade on Sunday and Monday. I will start trading the EA at the Asian OPen Monday (that is monday night New York) Becaude of the Japanese Holiday on Sunday and Monday and also UK Holiday on Monday. I think there will be no volatility on those times mentioned. Our EA works well when there is volatility. But again i could be wrong.
  • #2,970
  • May 3, 2008 7:23pm May 3, 2008 7:23pm
Quoting trader101
If the span of time between closing and its reopening is at least 10 hours its ok to just turn it off. Enough time to let the current trend finish. If less than
10 hours. It must be reattached in order to to allow EA to gather new data and to reset its variable. You dont have to removed just redrag the EA over the EA. Yes thats what we do close weekend trades. Not good to keep trades open on weekends.
10 hours in between smilies off and on. If less, off, drag EA over, and then on. Close on weekend. - OK

This site may be found handy; http://www.forexmarkethours.com/

choose your local time and all the session hours are shown by local time and bar. RS
  • #2,971
  • May 3, 2008 7:28pm May 3, 2008 7:28pm
Quoting trader101
I will not trade on Sunday and Monday. I will start trading the EA at the Asian OPen Monday (that is monday night New York) Becaude of the Japanese Holiday on Sunday and Monday and also UK Holiday on Monday. I think there will be no volatility on those times mentioned. Our EA works well when there is volatility. But again i could be wrong.
Morning of Tuesday (Monday is holiday) Japan time, which is US Monday night. RS
  • #2,972
  • May 3, 2008 7:33pm May 3, 2008 7:33pm
Yeah that is Tuesday Morning in Japan and Monday night in New York ...So confusing.. huh .. I always have it in reverse. Thanks RS
  • #2,973
  • May 3, 2008 9:33pm May 3, 2008 9:33pm
Quoting trader101
Yeah that is Tuesday Morning in Japan and Monday night in New York ...So confusing.. huh .. I always have it in reverse. Thanks RS
Tuesday is a holiday too here in Japan... what do you do? Well fx will get active Tueday despite this I suppose, globally speaking.

One thing you must avoid is to travel to Japan the last week of April and the first week of May. Series of holidays. All the hotels, transportation, sightseeing spots, are packed with people 200% seat occupancy. Remember a retired couple from US, my friend, just hit this No, No time, came in with full smile but left with ...., too bad but it's the US travel agent who should be blamed.

Well, enjoy the rest of the weekend, all. RS
  • #2,974
  • May 3, 2008 9:38pm May 3, 2008 9:38pm
Quoting RisingSun
Tuesday is a holiday too here in Japan... what do you do? Well fx will get active Tueday despite this I suppose, globally speaking.

One thing you must avoid is to travel to Japan the last week of April and the first week of May. Series of holidays. All the hotels, transportation, sightseeing spots, are packed with people 200% seat occupancy. Remember a retired couple from US, my friend, just hit this No, No time, came in with full smile but left with ...., too bad but it's the US travel agent who should be blamed.

Well, enjoy the rest of the weekend, all. RS
was in tokyo area, 2007 New Year....on Honeymoon...love the weather!!
  • #2,975
  • May 3, 2008 10:42pm May 3, 2008 10:42pm
Quoting sonicdeejay
was in tokyo area, 2007 New Year....on Honeymoon...love the weather!!
Thanks. We have four seasons. Some people like the autumn. New Year's holiday is about a week and we love it too. Cheers, RS
  • #2,976
  • May 4, 2008 4:16am May 4, 2008 4:16am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting trader101
Added Trader Best[3] with a trailing stop of 20. Attachement on Page 1
Cheers

this week i will be running

MT4 Delight with MAcrossover signal and Entrex-hi
MIG Ultimate with MAcrossover signal and Entrex-hi

i will produce the charts as the week goes on to show graphically which option may improve our exits if any. will start on sunday night open so i have a full 5 days comparison so everyone can review it against there charts.

below shows the current setup, arrows pointing up and down are the MA cross and the red/blue line is the entrex-hi, arrow from the EA will point left and right when trades are taken. vertical dotted lines are 24hr periods

Regards

MPP

Attached Image (click to enlarge)
Click to Enlarge Name: aj.gif Size: 22 KB
  • #2,977
  • May 4, 2008 8:52am May 4, 2008 8:52am
Trader Can i use the "close all-pl" ea to help close all
trades when 500$ is achieved, or this will conflict with your ea´s.

If anybody is interested the Close all-pl is attached.
Just open a new chart, attach the ea to the chart and define the
value you want the ea to close all positions.
Attached File(s)
File Type: mq4 CloseAll-PL.mq4   4 KB | 261 downloads
  • #2,978
  • May 4, 2008 10:48am May 4, 2008 10:48am
Quoting wezer
Trader Can i use the "close all-pl" ea to help close all
trades when 500$ is achieved, or this will conflict with your ea´s.

If anybody is interested the Close all-pl is attached.
Just open a new chart, attach the ea to the chart and define the
value you want the ea to close all positions.
Thx for sharing. U mean if one attaches to any chart it'll close all positions at a specified value or ea has to b attached to all 13 pairs
  • #2,979
  • May 4, 2008 12:47pm May 4, 2008 12:47pm
Beside the 13 or 14 charts you use for trader ea´s, open a new chart (ex: Eur/Usd) and attach the Close all-pl ea to it.
  • #2,980
  • May 4, 2008 1:10pm May 4, 2008 1:10pm
Quoting wezer
Beside the 13 or 14 charts you use for trader ea´s, open a new chart (ex: Eur/Usd) and attach the Close all-pl ea to it.
Yeah then it will open a new trades immediately. Since my EA was not design that way, and if you want it to function like that, you have to this manually. First your trades profit reaches your desired goal. Clik the EA button to off(red). there is a closeall script on the scripts folder... Drag that script to one of the chart and it will start closing all the trades. And it will not trade again until you turn that EA button on again (Green)
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