I don't see AUDUSD or CADJPY or USDJPY as secondary signal.
Which pair was the secondary signal entry?
dx and ex daily and EU daily 3 replies
Daily Highs and Lows to Previous Daily Highs and Lows 1 reply
AshFX Daily (EA - MTaboneWeb) 250 replies
GBP/USD daily pip movement vs. EUR/USD daily pip movement 3 replies
DislikedHere is the EA for anyone who would like to test it. Remember I only wrote it this past weekend and may not have all the bugs worked out. It's also programmed to only run on demo accounts for right now and I would strongly suggest using FXDD since other brokers vary so much.
Here is a repeat explanation of the settings...
Attach the EA to a Daily chart.
Settings
Order01LotSize: 0.1 (Size of first trade and has a TP determined by the EA)
Order02LotSize: 0.1 (Size of second trade and has no TP set when placed)Second trade is closed by the EA when conditions according to the AshFX system are met (AO changes color).
MaxDiffFromOpen: 10 (Number of pips difference from open price)If buy then price can't be greater than open +10 pips
Anything less is fair to open
If sell then price can't be less than open -10 pips
Anything greater is fair to open
TakeSSTrades: true (allow second strength trades to be opened)
OrderSlippage: 3 (number of pips the price can differ when placing a trade)
EAMagicNumber: 20080706 (day I wrote the EA and used by EA to determine if a trade belongs to the EA)This number can be used on all currencies the EA is attached to but can't be duplicated on the same currency if 2 charts are open for the same currency pair.
Thanks for everyone's support.Ignored
Dislikedmtaboneweb,
Thanks, first of all.
And, I will need to give you my feed back for testing this EA:
Everytime, I close FXDD trading station and open it again, this EA will open another 2 new trades (on the same pair: CADJPY for me.
This is demo account otherwise it would have been overloaded.
You may need to do some checking to make sure if one pair has been opened, then don't need to open it, again.Ignored
DislikedDear all,
Here I present to you my new System, AshFX Daily. It's excellent for traders who work a full-time job, and/or can't/don't want to spend hours and hours staring at the screen.
I’ve been working on this system for quite a while; I wanted to make it accurate, yet simple at the same time. I believe I have achieved that. It is designed for the Daily Timeframe, and can be used on any currency pair.
The results that can be obtained from this system, is literally hundreds of pips a month. On average, the reward is greater than the risk.
These are the indicators that are required:
- Parabolic Stop and Reverse (PSAR, 0.03, 0.2)
- AC (Accelerator Oscillator)
- AO (Awesome Oscillator)
- Stochastics (5,3,3)
Take the attached template and apply it in Metatrader. Use it on the Daily Timeframe (D1), on any currency pair. By the way, these indicators can be found in any platform, so you are not limited to MT4.
See below for an example of what you should be seeing:
Two files attached - the actual AshFX System PDF manual, and the template for MT4 users. Please read carefully.
Look forward to questions/analysis/discussion/testing.
Regards,
AshIgnored
DislikedMr. forexmoments,
I have been reading your thread since the first page.
I have a very basic question here, and I believe that other people may want to hear this clear, too.
In your AshFX_Daily.pdf file:
When you said, "Sell: When you see the first PSAR dot above the candle, AND the AO is red, AND the AC is red, AND Stochs are crossing down but are not below the 50 line"
Is it only the main line (blue line) not to go below the 50 line? OR
Is it for main line (blue line)and signal line (red dot line) to both not to go below the 50 line?
trader8686
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Just like to learn it better!Ignored
Dislikedhi
thnaks for your ea .
did you backtest it with a special pair ?? and what results have you got ?
thanks for sharing it
imadIgnored
DislikedRonald,
I know this statement is from long time ago, but I had to go through each posting of this thread. I found out something needs to correct here:
SELL:
- AC Red
- AO Red
- PSAR Below Price --------> PSAR Above Price
Did you put it in your EA already?
Ignored
Dislikedmtaboneweb,
Thanks, first of all.
=============
My testing report
=============
I will need to give you my feed back for testing this EA:
Everytime, I close FXDD trading station and open it again, this EA will open another 2 new trades (on the same pair: CADJPY for me.
This is demo account otherwise it would have been overloaded.
You may need to do some checking to make sure if one pair has been opened, then don't need to open it, again.
Now, the EA has just closed out all trades by itself, at 104.60 (CADJPY), not 103.11.Ignored
DislikedIt leapt in to action for a short cable. Full details in my signature. Currently open for 24 pips.Ignored
DislikedThanks a lot, Ron.
Did you happened to have setting manuel some where?
I need to parameters for :
MagicNumber
SignalMail
EachTickMod
etc
Thanks again!Ignored
DislikedI don't put any faith in backtesting even if 90% modeling quality. I was recently backtesting another EA which is the first I had done in a long time and thought I would try it again. What I found was that the strategy tester has some huge flaws. I would run thru the visual mode as slow as I could handle watching and found that stop losses and take profits weren't always honored. If the price went 1 pip past but didn't actually land on the TP or SL then it was ignored. This is a big problem and something that can throw a big monkey wrench into your testing. At least with live trading you would hope the broker honors your TPs and SLs and closes them when they should even if the price doesn't land directly on your target. To each his/her own. I just don't believe backtesting is accurate enough to put any stock into it.Ignored
DislikedAm together with BoneWeb...
The best way to test an EA is Forward Testing.. Demo Account r free and what I would do myself Download an EA of interest... Get a Demo account from a broker that the EA / Strategy Developer recommends, Load the recommended TF and Pairs.. Let it RUN for like a month or 2.
I will tell you why backtesting might not work. Yesterdays Data is not Todays Data and Forex is 1 volatile and ever changing market. What would happen during Fundie???
Well lets put to task all the EA let them run and lets give our ever had working EA developers result, critism, congrats and everything they need to make the EA worth it.
Just my 2 pips
Always
SmartKenyaIgnored
DislikedMy EA Shorted on the cable yesterday? Your statement shows a completed trade on the cable but not 2 like my EA would have placed. Besides that it shouldn't have traded that since the signal bar was 2 days ago. If it truly did this then it was in error and didn't do that on my demo. Are you running FXDD because that could have given a signal on another broker.Ignored