DislikedWhy is us/cad at the bottom of the list on my comp. although positive 140 ishIgnored
(Thanks T101, great strategy, made a killing and swimming in fake money. but it's been a crazy day)
Simple Trading Method with trader101
- #1,043
- Sep 29, 2008 5:57pm Sep 29, 2008 5:57pm
- | Membership Revoked | Joined Oct 2007 | 2,124 Posts
i never did sleep last night, and i worked today, before i sleep id like to give a update
i suggest you just ignore the sig, and usethe 14 pairs as a indicator
iv basically put everything in 1 place
the equity trails
if at any time, profit drops below target, all is closed
the ea will start out with a target of -10% of the account balance
that means theres a 10% stop loss, il make all of this optional later
when you reach 1% profit, the target will change to 0.5
when you reach 2%, the target will change to 1%
when you reach 3%, the target will change to 2%
when you reach 4%, the target will change to 3%
ect...ect...
in the pic below, i locked in 3%
the target might be to tight, wel optimize that when i know whats best
i have been getting stopped out at 2-3% mostly
but on a day like today iv banked about 20% i think
heres a screen shot
default settings, the ea virtually opened the hedge on last weeks candle close
this gives a fresh start every week
the time frame and bars back is customisable
by setting this to false update_start= true; the start time will never update, unless the ea is reset
the symbol names are changeable in the ea properties
if you change them in editor, itl be permanat
under each symbol is a price field
if you input a price, that price will be used for the start, instead of the bars
the default symbols are the ibfx mini set
by removing the "m" you can use standard, or other brokers
heres what the properties look like
look_back= 1;
tf=10080;
update_start= true;
long_basket1= "GBPUSDm";
price1= 0;
long_basket2= "EURGBPm";
price2= 0;
long_basket3= "GBPJPYm";
price3= 0;
long_basket4= "USDCHFm";
price4= 0;
long_basket5= "NZDUSDm";
price5= 0;
ong_basket6= "AUDJPYm";
price6= 0;
long_basket7= "EURJPYm";
price7= 0;
youl notice 3 objects on the chart
open_longs
open_shorts
close
if you double click the object and select it, them move it atleast 1 pixel or more
on the next tick, the object will initiate, then snap back to its original location
these objects are like scripts
scrips have 1 advantage, no need to wait for a tick
open_longs opens 14 longs, if any longs already exist, they wont open
your only allowed 1 trade per pair
a short counts as a trade
open_shorts same
close will close all trades
by default the ea is set to only trail with equity
it will not open trades on its own
can_trade= false;
can_exit= true;
the opening of trade right now is just, whichever trend is strongest
so if theres 5 sells in profit, and 4 buys, the ea will say, signal=sell
i did test a few ways, say if theres 7 sells in profit, signal = sell
but i cant test 14 pairs in tester
im realy waiting on trader 101 to make me some code that says when to trade
as in his ea
thats it for now
oh there is money management, to disable it, just set risk to 0, and lots will be used
i suggest you just ignore the sig, and usethe 14 pairs as a indicator
iv basically put everything in 1 place
the equity trails
if at any time, profit drops below target, all is closed
the ea will start out with a target of -10% of the account balance
that means theres a 10% stop loss, il make all of this optional later
when you reach 1% profit, the target will change to 0.5
when you reach 2%, the target will change to 1%
when you reach 3%, the target will change to 2%
when you reach 4%, the target will change to 3%
ect...ect...
in the pic below, i locked in 3%
the target might be to tight, wel optimize that when i know whats best
i have been getting stopped out at 2-3% mostly
but on a day like today iv banked about 20% i think
heres a screen shot
default settings, the ea virtually opened the hedge on last weeks candle close
this gives a fresh start every week
the time frame and bars back is customisable
by setting this to false update_start= true; the start time will never update, unless the ea is reset
the symbol names are changeable in the ea properties
if you change them in editor, itl be permanat
under each symbol is a price field
if you input a price, that price will be used for the start, instead of the bars
the default symbols are the ibfx mini set
by removing the "m" you can use standard, or other brokers
heres what the properties look like
look_back= 1;
tf=10080;
update_start= true;
long_basket1= "GBPUSDm";
price1= 0;
long_basket2= "EURGBPm";
price2= 0;
long_basket3= "GBPJPYm";
price3= 0;
long_basket4= "USDCHFm";
price4= 0;
long_basket5= "NZDUSDm";
price5= 0;
ong_basket6= "AUDJPYm";
price6= 0;
long_basket7= "EURJPYm";
price7= 0;
youl notice 3 objects on the chart
open_longs
open_shorts
close
if you double click the object and select it, them move it atleast 1 pixel or more
on the next tick, the object will initiate, then snap back to its original location
these objects are like scripts
scrips have 1 advantage, no need to wait for a tick
open_longs opens 14 longs, if any longs already exist, they wont open
your only allowed 1 trade per pair
a short counts as a trade
open_shorts same
close will close all trades
by default the ea is set to only trail with equity
it will not open trades on its own
can_trade= false;
can_exit= true;
the opening of trade right now is just, whichever trend is strongest
so if theres 5 sells in profit, and 4 buys, the ea will say, signal=sell
i did test a few ways, say if theres 7 sells in profit, signal = sell
but i cant test 14 pairs in tester
im realy waiting on trader 101 to make me some code that says when to trade
as in his ea
thats it for now
oh there is money management, to disable it, just set risk to 0, and lots will be used
- #1,047
- Sep 29, 2008 6:15pm Sep 29, 2008 6:15pm
Had 2/2 successful runs on demo so far. I never thought I'd be so bummed to see the 'perfect condition', because it means I have nothing to do but wait for something to change. I entered short anyway for a 3rd attempt, but even if it comes out negative, that's my own fault for having an itchy trigger finger 
If it was live, I probably wouldn't have done it.
How many of you have gone live?
I have my live account all set up and ready, but I'm nervous as I've seen this sort of thing before - a system that works perfectly in a certain kind of market for awhile, then the market changes (ie from trending to ranging) and then we get cleaned out.
Anyway, I'm happy for those of you who have made money with this.
If it was live, I probably wouldn't have done it.How many of you have gone live?
I have my live account all set up and ready, but I'm nervous as I've seen this sort of thing before - a system that works perfectly in a certain kind of market for awhile, then the market changes (ie from trending to ranging) and then we get cleaned out.
Anyway, I'm happy for those of you who have made money with this.
Do you think the karate kid knows kung-fu?
