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  • #1,101
  • Oct 15, 2008 7:48am Oct 15, 2008 7:48am
Quoting Paris Hilton
Losing money on all 3 four hour candles today. I think the party's over.
Ms. Hilton, 3 losses in 12 hrs should not be such a big problem for you. You have a unique chance, which most of us others do not have: call your daddy and ask him for the double of what you lost (at least, or why not charge all your credit cards with a Million each. (But before deleting the nice movies you sometimes have on your mobile, pls show them to us))

Best regards
  • #1,102
  • Oct 15, 2008 7:51am Oct 15, 2008 7:51am
Quoting Myth
Anyone in IBFX who enter the trade on new 4 hour candle 12:00GMT suffer huge of red pips. Unfortunate.....
Entering on this candle wasnt a good idea, important red news was minutes away. But the prices are coming back to at least breakeven now
  • #1,103
  • Oct 15, 2008 7:52am Oct 15, 2008 7:52am
LOL

Quoting qwasyx
Ms. Hilton, 3 losses in 12 hrs should not be such a big problem for you. You have a unique chance, which most of us others do not have: call your daddy and ask him for the double of what you lost (at least, or why not charge all your credit cards with a Million each. (But before deleting the nice movies you sometimes have on your mobile, pls show them to us))

Best regards
  • #1,104
  • Oct 15, 2008 8:00am Oct 15, 2008 8:00am
Which EA are you using, because I cannot get the posted EA to work on IBFX.

-----------------------------------------------------------------------

Quoting St_frito
Fast in-Fast out

4am EST
opend 11 trades

results
120pips on IBFXm live in 5min closed by EA(what a scalp)

Thanks ES Trader
  • #1,105
  • Oct 15, 2008 8:21am Oct 15, 2008 8:21am
I coutinued to use validation of selected pairs, based on price action and correlatin index. My (filtered) basket is in green but not many pips this session.
  • #1,106
  • Oct 15, 2008 8:43am Oct 15, 2008 8:43am
Quoting noangel
Which EA are you using, because I cannot get the posted EA to work on IBFX.

-----------------------------------------------------------------------
He is probably using a ea for closing the trade only, not Ronalds ea as it does not like IBfx due to compatibility issues with the CCFp indicator it calls on.

Hopefully that EA will be modified at some point to work with IBfx.
  • #1,107
  • Oct 15, 2008 9:02am Oct 15, 2008 9:02am
Hi Fellow Traders,

I used this system manually last night @ GMT 1000 with my Alpari demo. I traded all available pairs on Alpari and also on Oanda. Sorry, I haven't determined my SL or TP, just yet for sure. I simply took profits when they totalled 50 pips or so. I made 60 pips on Alpari, then entered trades in Oanda and made 50 pips, then went back to Alpari and made 60 more pips. I made a total of 170 pips all within about 45 minutes from the new candle open.

Then, I became very sleepy and went to bed a happy camper!

Thanks, Kris...you rock, Bro!
  • #1,108
  • Oct 15, 2008 9:11am Oct 15, 2008 9:11am
IBFXm live.

1st loss

orders placed a 8am EST.
closetradeatEquitly EA set to tp @ 100pips
close trade after a/c loss ea set at -600pips

EA activated within 15min and orders closed at -600pips
lucky that i'm trying it out at 0.02lots

1: is my allowance for drawdown too little? -600pips or should i increase it?
2: or should i take the "free margin" amount to be set as the maximum amount that i can afford to loose?

one more thing, when you use " CloseTrades_After_Account_Loss EA"
when you open 2 same trades example:
1:GU
2:GU

It will only close the 1:GU and leave the 2:GU still open.

Will skip the 12am EST session for today.

Stef
  • #1,109
  • Oct 15, 2008 9:25am Oct 15, 2008 9:25am
High I was wanting to make sure that I am using this system correctly.

Using the indicator on a new bar I find the extremes in differences between the pairs which is located on the top left of the indicator window?

Purchase the two pairs in the direction in which it should go.

Also I am not sure if the indicator is working correctly for me I will attach a picture and if some could tell me if it is correct?
Attached Image (click to enlarge)
Click to Enlarge Name: indicator.JPG Size: 91 KB
  • #1,110
  • Oct 15, 2008 9:33am Oct 15, 2008 9:33am
Some people seem to be doubting this system. Attached is my account statement for my non-ranking setup.

I have 12 EAs running on that terminal with each EA setting a SL at 100 pips, trailing stop at 30 pips, and close on opposite signal.

There is a floating profit of $200 as of this writing.
Attached Image (click to enlarge)
Click to Enlarge Name: DetailedStatement.gif Size: 5 KB
Attached File(s)
File Type: zip DetailedStatement.zip   9 KB | 768 downloads
  • #1,111
  • Oct 15, 2008 9:40am Oct 15, 2008 9:40am
Just in 15 minutes near of 200pips. Manytimes well, few times bad.
Attached Image (click to enlarge)
Click to Enlarge Name: 1EStrader9.jpg Size: 196 KB
  • #1,112
  • Oct 15, 2008 9:50am Oct 15, 2008 9:50am
Quoting Ronald Raygun
Some people seem to be doubting this system. Attached is my account statement for my non-ranking setup.

I have 12 EAs running on that terminal with each EA setting a SL at 100 pips, trailing stop at 30 pips, and close on opposite signal.

There is a floating profit of $200 as of this writing.
Hey Ronald,

Your numbers look great for only 2 days of trading...

Oct 14 to Oct 15

Currency Pips Dollars
NZDUSD -4 -$3.10
USDCAD 262 $227.81
AUDUSD 154 $153.60
USDJPY -100 -$98.32
GBPJPY 23 $22.06
GBPCHF -99 -$86.91
EURCHF 16 $14.40
EURUSD 121 $120.70
GBPUSD 74 $74.70
EURJPY 136 $132.37
EURGBP -1 -$0.86
USDCHF 45 $39.36
TOTALS 627 $595.81
  • #1,113
  • Oct 15, 2008 9:55am Oct 15, 2008 9:55am
Quoting forenxe
Just in 15 minutes near of 200pips. Manytimes well, few times bad.
Your trades don't reflect the suggested trades from the indicator in your screen shot - can you explain.

Thanks
Mitch
  • #1,114
  • Oct 15, 2008 10:09am Oct 15, 2008 10:09am
Well i was up $132 on my trades from the 8:00 candle but after losing my demo connection and getting it back I'm now down - $184. For some reason my global take profit EA didn't kick in at $100. I'm going to shift over to Steve Hopwood's trade management system i think. Today is much better than yesterday. But there's the news impact to deal with as well.
  • #1,115
  • Oct 15, 2008 10:18am Oct 15, 2008 10:18am
Nubchai,

Steve's is the only manager that has consitently done what it is supposed to do. I've had problems with all the managers except his.

Quoting nubchai
Well i was up $132 on my trades from the 8:00 candle but after losing my demo connection and getting it back I'm now down - $184. For some reason my global take profit EA didn't kick in at $100. I'm going to shift over to Steve Hopwood's trade management system i think. Today is much better than yesterday. But there's the news impact to deal with as well.
  • #1,116
  • Oct 15, 2008 10:21am Oct 15, 2008 10:21am
Thanks Ben. I downloaded it yesterday and just have to find some time to read the materials and set it up. Since I'm manually trading the Ferrufx signals I need something reliable to protect the profits. I have a global stop loss EA that does work.

Sandy


Quoting BenQ
Nubchai,

Steve's is the only manager that has consitently done what it is supposed to do. I've had problems with all the managers except his.
  • #1,117
  • Oct 15, 2008 10:33am Oct 15, 2008 10:33am
Quoting TickJob
Hi ES,

Thanks for this great system.
Can you share some experience in trading this system with FUTURE brokers. FUTURE does not have so many pairs, any problem? Which MT4 should you run the system when you trade in FUTURE?

For info, I am using Interactivebrokers.

By the way, curious to know how does this system compare to Trader101 basket system?
Hi Tickjob,

This is my favorite subject. I love trading futures.The spread is small, well regulated market.Only disadvantage being Large margin.This system works quite well with currency futures.
You are DEALING MAINLY WITH 8 CURRENCIES.
yOU CAN OFCOURSE GO LONG OR SHORT OR USE OPTIONS. IF TRADING 4 HR BAR PROBALY SHOULD TRADE DEEP IN THE MONEY OPTIONS SO THAT YOUR dELTA IS CLOSE TO 1.
TRY OUT ON DEMO WITH IB.
THANKS
KRIS
  • #1,118
  • Oct 15, 2008 10:33am Oct 15, 2008 10:33am
Hi Ron and all,
I down loaded the EA and attached on alpari uk mt4 platform. It is almost 24 hours now and no trade has been triggered. What could be wrong. Please help
  • #1,119
  • Oct 15, 2008 10:36am Oct 15, 2008 10:36am
Hi RR!

I am trying to run your EA but so far it didn’t place any trades. I’ve attached the EA to each pair and all of them have different magic number. Could you please give us full set up for this EA. Also what pair are you trading? Thanks a lot.


Quoting Ronald Raygun
Some people seem to be doubting this system. Attached is my account statement for my non-ranking setup.

I have 12 EAs running on that terminal with each EA setting a SL at 100 pips, trailing stop at 30 pips, and close on opposite signal.

There is a floating profit of $200 as of this writing.
  • #1,120
  • Oct 15, 2008 10:38am Oct 15, 2008 10:38am
Steve's does both, global stop loss and global profit.

Quoting nubchai
Thanks Ben. I downloaded it yesterday and just have to find some time to read the materials and set it up. Since I'm manually trading the Ferrufx signals I need something reliable to protect the profits. I have a global stop loss EA that does work.

Sandy
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