zip it first
The HOLY GRAIL 130 replies
Developing the "Holy Grail" Trading System 4 replies
Holy grail trading system wanted, or nearest thing to it! 43 replies
6 Steps To Finding Your Personal Holy Grail 6 replies
The Search for the Holy Grail 1 reply
DislikedThe all pairs posted is not my system. I dont know what that is.Ignored
DislikedI have many others trades to share. Will post them later.
This system works on all pairs. I am still working on the Take profit to make it even better.
ThanksIgnored
DislikedThanks so much for the great summary you gave us in post 851 and 52. Wow, I've read them twice and lots of good advice there. One thing I'm trying to understand is the advice on running EA on several small accounts rather than one large account. If you use a hard stop ( at a certain dollar amount) wouldn't you be protecting an account no matter how large it gets? I must be missing something here. Anyway here's how Ive been running the 100/40 EA. I started Sept.3rd with a 3000$ demo trading pennies,and I've grown it by almost 50$. I'm turning EA on when all indicators are above 85 below 15 as you've advised. I'm running separate EA's to limit loss and take profit when account reaches 5-6$ profit. I've been turning the 100/40 EA off as soon as I take profit and only turning it back on when indicators go back to over bought/over sold area. I've seen one trade go 6 levels but the combination of all the trades I had going at the time, turned around and took profit without any trouble. Worst drawdown during this ten day period was like .5% http://www.forexfactory.com/images/icons/icon10.gif I'm really debating whether to use GBP/CHF and GBP/JPY in a real money account due to their potential for long trending moves. One other question I have is about lot size. I tried increasing initial lot size to .02 from .01 and EA started first level correctly at .02 but at level 2 EA kicked in at .02 again. Shouldn't it double the initial lot size to .04 at level two? What do I need to change to get it to do this? Thanks again Bob . You've been very patient with newbie questions like mine. I've learned a lot from you're posts.Ignored
DislikedThank you Nanningbob for the reply.
Sorry, what I meant is this. You've said:
Here are the pairs of the test. Again this is live testing not backtesting.
AUD/CAD, AUD/JPY, AUD/USD
EUR/CHF, EUR/JPY, EUR/USD
GBP/USD, GBP/CHF, NZD/USD
USD/CHF, USD/JPY, CHF/JPY...
So, did you run these pairs with the same settings (parameters)? Are these settings the same as the default ones in "100+40 1D.ex4"?Ignored
DislikedYes also I just realized the latest 100/40 EA is set for .10 trades and not .01 Sorry for the mistake. Here is the 100/40 set at .01Ignored
DislikedWhy do you think it's a mistake? People just can change it themselves according to their acct sizes/risk tolerance. Or maybe I am missing something here? (I mean why to introduce a separate "version"?) Thank you Nanningbob.Ignored
DislikedYes that is true but some people are rookies and dont know how to do that. I have people private message me for these things and so I provide it to them. Many of the responses you see are questions asked in private but I think the answers will help many people. That is why I published them publicly.Ignored
DislikedOk, I see. Actually, that would be dangerous to trade such a demanding (in terms of skills) system without knowing it at least on a level of tweaking external parameters. imhoIgnored
DislikedI only tested that one for a very short period of time. The 1D only did so well I just quit testing it. If you could continue testing it and show us results it may be very beneficial. The reason I quit testing it was not because it was not profitable but a turnaround of the EA cross on the weekly chart took awhile and you could go days on a currency without any trades. However, if you discover a higher safety factor with it then maybe others would like it better than just the 1D trend following. Keep us posted.Ignored
Disliked...................................................................................
Hi Bob:
Thank you for your comments.
I continued demo trades using 1d Ea and 1d1h1w Ea without manual control last week.
Pictures show two weeks results. On Monday two Eas got large drawdown.After two large drawdowns balance and equity of 1d Ea went very low. I am not sure 1d Ea could make orders with such low equity. 1d1h1w Ea worked well except on Monday and Friday. Anyway I almost understood how they run and recognized potential of profit. My first exercise was finished. I begin next exercise to learn the skill of avoiding death trade from next Monday.
I have read post 851 and 852 that you described your philosophy of trade. Although I couldn’t understand some sentences due to my English disability, I was enlightened and inspired.
Thank you so much.
Good trade winds
MasaIgnored
DislikedI have a question. Did you shut down the EAs over the weekend? If you didnt then the gaps would have killed the results of your test. The EA works because you get even spacing between levels (every 40 points) gaps cause the entrances to be very unevenly spaced and that ruins the results of your demo and your account.Ignored
DislikedHi someonee1234:
I saw your statement, I think that is interesting, may you explain it how work, did you use Bob EA?
Thank you
RicardoIgnored