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Daily95pips

  • #1,841
  • May 13, 2008 3:20pm May 13, 2008 3:20pm
Thanks archie,
it just started working again, maybe something to do with Sunday, not sure but i will monitor to see if it happens next week
thanks again for the reply
mike r
  • #1,842
  • May 14, 2008 4:15am May 14, 2008 4:15am
Quoting PipNick
Hi Archie

I have had success with E\J and G\U however I know other tried have been profitable.

Check out some posts by Mikelath.

Also G/J appeared to profitable for Naranjoe.
Mr PipNick.... can u share the last setting E/J and G/U.... thks....
  • #1,843
  • May 14, 2008 7:03am May 14, 2008 7:03am
I too have just happened upon this thread and tossed the EA into my E/U demo account I have running. Profitable trade today.
Also would like settings for other pairs if someone can share?
Thanks
  • #1,844
  • May 14, 2008 12:47pm May 14, 2008 12:47pm
I use mbt as my broker and I have found a service called hypertrader that will link the 95 pip ea to my mbt trading platform. The process takes place thru an api,but I dont understand how to link the different parts together.Does anyone have any experience with this?
  • #1,845
  • May 14, 2008 3:58pm May 14, 2008 3:58pm
Quoting tazmaan
I too have just happened upon this thread and tossed the EA into my E/U demo account I have running. Profitable trade today.
Also would like settings for other pairs if someone can share?
Thanks
The settings highly influence the success of this strategy. I have only tried the E/U and the G/J. The E/U works good with the classic setting of 15/30/50 and SL 30 and BE 15. Perhaps it works better with other settings, but these work ok.

The G/J works best for me if the classic settings are doubled. That means 30/60/100 (or TS on the last order), SL 60, and BE 25 (or perhaps 30). I have seen that others use a BE of 55-60.

Good luck with the trading!
  • #1,846
  • May 14, 2008 4:19pm May 14, 2008 4:19pm
Quoting KuPretMAn
Mr PipNick.... can u share the last setting E/J and G/U.... thks....


for these 2 pairs I use
start time : 8am gmt
look back: 24hrs
tp 1: 15
tp 2: 30
tp 3: 50
s/l: 30
update to b/e at tp 2

good luck
  • #1,847
  • May 14, 2008 5:45pm May 14, 2008 5:45pm
Quoting Archie
The settings highly influence the success of this strategy. I have only tried the E/U and the G/J. The E/U works good with the classic setting of 15/30/50 and SL 30 and BE 15. Perhaps it works better with other settings, but these work ok.

The G/J works best for me if the classic settings are doubled. That means 30/60/100 (or TS on the last order), SL 60, and BE 25 (or perhaps 30). I have seen that others use a BE of 55-60.

Good luck with the trading!
Thanks Archie.
No changes in the start time or lookback time?
0:00 and 17 I believe are the defaults?
  • #1,848
  • May 14, 2008 5:46pm May 14, 2008 5:46pm
Quoting PipNick
for these 2 pairs I use
start time : 8am gmt
look back: 24hrs
tp 1: 15
tp 2: 30
tp 3: 50
s/l: 30
update to b/e at tp 2

good luck

Thanks PipNick,
Just to clarify, update to be = 30 or did I misunderstand that?
  • #1,849
  • May 15, 2008 2:47pm May 15, 2008 2:47pm
Quoting tazmaan
Thanks Archie.
No changes in the start time or lookback time?
0:00 and 17 I believe are the defaults?
Hi,

I am using the default settings in the EA

Look back: 17
Start: 22
Expiration: 18

I have not adjusted the time settings, but I think that I will try to do that further on, to observe differences. I'll post the results then.

Cheers
  • #1,850
  • May 15, 2008 5:42pm May 15, 2008 5:42pm
Thanks alot!

From the EA that has been provided in this thread the default seems to be 0, not 22. Can you verify this?
I have been running eu with the default of 0, all the rest are the same as what you state however.
Not sure what difference that makes, however I am not sure I understand everything this EA is doing either
  • #1,851
  • May 16, 2008 3:09am May 16, 2008 3:09am
Quoting tazmaan
Thanks PipNick,
Just to clarify, update to be = 30 or did I misunderstand that?
Yes thats correct update to b/e at 30.
  • #1,852
  • May 16, 2008 6:58am May 16, 2008 6:58am
Thanks PipNick,

G/J took out all 3 SL on the short a few hours ago for everyone else? (just checkin my settings).
  • #1,853
  • May 16, 2008 1:21pm May 16, 2008 1:21pm
Hi Mike,

What's the track record now for the EA. I'm especially interested in the track record of EUR/JPY. I think that one has the best track record, am i right? Where can i find the stats? Thanks, Paris
  • #1,854
  • May 17, 2008 5:32pm May 17, 2008 5:32pm
Quoting tazmaan
Thanks alot!

From the EA that has been provided in this thread the default seems to be 0, not 22. Can you verify this?
I have been running eu with the default of 0, all the rest are the same as what you state however.
Not sure what difference that makes, however I am not sure I understand everything this EA is doing either
Hi again!

I am using the EA for InterbankFX, and they set their broker time at GMT. Other brokers have other time settings, e.g. FXDD have a broker time of GMT+2 (I think), and then the EA start time would be 0, that's GMT (22) + 2 hours. Perhaps that's the broker you are using?

About your other question, I was closed out too at G/J at all 3 orders on friday. Positive on all 3 orders for E/U though.

Happy trading
  • #1,855
  • May 18, 2008 8:16am May 18, 2008 8:16am
Quoting tazmaan
Thanks PipNick,

G/J took out all 3 SL on the short a few hours ago for everyone else? (just checkin my settings).
Yep that looked right to me Taz
  • #1,856
  • May 18, 2008 12:45pm May 18, 2008 12:45pm
Thanks guys, I did also win on the eu (although I believe the last leg of that trade is still open, so we'll see what it does at open today Will continue to monitor both EU and GJ for now, and see how they fair.
  • #1,857
  • May 19, 2008 5:12am May 19, 2008 5:12am
Hi mikelath, I've set up a statement which updates automatically every 5 minutes here on a new demo account using the EA I found in this thread which I'm still reading. The settings for my EA may be wrong but I'll review them today and along with the common consensus they'll probably change to what is considered best. I'm on FXDD so I downloaded the FXDD EA as a good starting point.

The Daily 95Pips EA for the demo only trades EURUSD, GBPUSD and USDCAD. There's another on the other currencies you see in the statement. I thought it might be useful for members here for entry confirmation and for my own purposes. Sir, thanks for sharing and have a great day.
Do not focus on making money; focus on protecting what you have.
  • #1,858
  • May 19, 2008 6:33am May 19, 2008 6:33am
is is it possible to trade different pairs among the 6 trades per day?

i am new to this system, it appears to be very easy.

What is your recommended pair.i am thinking of pairs with JPY as they are very volatile, one could clear all trades in the positive direction on those pairs.
Forex trading reveals the real you...
  • #1,859
  • May 19, 2008 6:34am May 19, 2008 6:34am
Hi all,

Has anyone using FXCM trading station uses this system got any problem?,
Cause I use FXDD platform for charting, but trade through FXCM.
Today Eur-Gbp did not hit high/low of friday (FXDD), same w/FXCM (although I'm still confused by the server time of FXCM as they also indicate trade in Sunday?).

Point is as friday's high & low was not reached today, how come I got my pending order executed?..as the result..my SL got hit...I'm confused..
Maybe I shouldn't trade on Monday?...to avoid difference between friday and Sunday?
To always be profitable....
  • #1,860
  • May 19, 2008 6:37am May 19, 2008 6:37am
pls my previous question was on the initial 95 pips rule or is it obsolete.i am not talking about the EA rule just in case its different.
Forex trading reveals the real you...
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