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Attachments: Sterling Challenge 1
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Sterling Challenge 1

  • #201
  • Nov 19, 2008 12:06am Nov 19, 2008 12:06am
Is the EA programed only for 15 min. Time frame?
My Email For Help: [email protected]
  • #202
  • Nov 19, 2008 12:47am Nov 19, 2008 12:47am
Quoting Forwarder
Akukaya,
Thank you for this thread and EA. It's very interesting.
What do you think about using a low volatile pair, for example EUR/GBP?
Strong trend on this pair is very seldom
You can try, I am not limited the EA for any pair.

But I back test with GU because Sterling refer his system on GU.

I've seen some post before tested in few others pairs.
  • #203
  • Nov 19, 2008 12:48am Nov 19, 2008 12:48am
Quoting tcmm
Is the EA programed only for 15 min. Time frame?
But the program can be tested in any TF. Up to you.
  • #204
  • Nov 19, 2008 1:27am Nov 19, 2008 1:27am
Quoting akukaya
But the program can be tested in any TF. Up to you.
When you put the EA on the chart, do you have to set anything in the settings, or you just add it to chart, because when a trade went in the sl, and tp were 1000 pips.
My Email For Help: [email protected]
  • #205
  • Nov 19, 2008 3:26am Nov 19, 2008 3:26am
The Usd/chf is having a very strong trend now. It has a big drawdown and orders. Sometimes it is so scary.
  • #206
  • Nov 19, 2008 3:51am Nov 19, 2008 3:51am
Quoting forex888
The Usd/chf is having a very strong trend now. It has a big drawdown and orders. Sometimes it is so scary.
Yes, the idea of using BB as filter works for month of August 08.

Without the filter, we hit Margin call
With the filter, we gain profit 2000pips.

It just a quick test during my short lunch hour. I will continue when I am back home for more test of other months.
  • #207
  • Nov 19, 2008 3:58am Nov 19, 2008 3:58am
Quoting akukaya
Yes, the idea of using BB as filter works for month of August 08.

Without the filter, we hit Margin call
With the filter, we gain profit 2000pips.

It just a quick test during my short lunch hour. I will continue when I am back home for more test of other months.
How exactly do you filter with BB? Exact BB width or what? I've idea for BB filter too but not tested it yet.
  • #208
  • Edited 4:13am Nov 19, 2008 4:10am | Edited 4:13am
Hi Akukaya

Just a thought on possible filters.

In the case of a long trade the EA should wait until the developing candle has broken the high of the previous candle before it trades. The low of the previous candle could then be used as a stop loss. Definitely would stop those trades where the price is falling fast and the EA is opening further positions on each new candle with the price going against it.

It would also give a defineable stop loss which would stop one or two trades wrecking the account. If it works well I think it would make less pips but who would care as it makes more than enough pips anyway. If it was found to work a possible answer might be to increase the pip target to close the trade on the price touching the middle line of the Bollinger band (21EMA I think).

Just my thoughts
Cheers

Gavin

P.S Up 128 pips so far today all trades closed!!
  • #209
  • Nov 19, 2008 4:19am Nov 19, 2008 4:19am
Quoting Dezil
How exactly do you filter with BB? Exact BB width or what? I've idea for BB filter too but not tested it yet.
I just compare the band range for the current bar(0).

if the band range goes > 0.003 (i just fixed this number as my quick observation,can make it variable later). I reverse the trades condition.
  • #210
  • Nov 19, 2008 4:20am Nov 19, 2008 4:20am
Quoting bcp1
Hi Akukaya

Just a thought on possible filters.

In the case of a long trade the EA should wait until the developing candle has broken the high of the previous candle before it trades. The low of the previous candle could then be used as a stop loss. Definitely would stop those trades where the price is falling fast and the EA is opening further positions on each new candle with the price going against it.

It would also give a defineable stop loss which would stop one or two trades wrecking the account. If it works well I think it would make...
When I got time, i will look into your idea.
  • #211
  • Nov 19, 2008 4:22am Nov 19, 2008 4:22am
Quoting tcmm
When you put the EA on the chart, do you have to set anything in the settings, or you just add it to chart, because when a trade went in the sl, and tp were 1000 pips.
only few pages...
  • #212
  • Nov 19, 2008 4:26am Nov 19, 2008 4:26am
So, if i get it right:
- when BB width <=30 pips you trade original rules >75 sell/ and <25 buy
- when BB widtn>30pips (trend) you trade reversed rules >75 buy and <25 sell

Am i right?

Quoting akukaya
I just compare the band range for the current bar(0).

if the band range goes > 0.003 (i just fixed this number as my quick observation,can make it variable later). I reverse the trades condition.
  • #213
  • Nov 19, 2008 4:49am Nov 19, 2008 4:49am
Quoting Dezil
So, if i get it right:
- when BB width <=30 pips you trade original rules >75 sell/ and <25 buy
- when BB widtn>30pips (trend) you trade reversed rules >75 buy and <25 sell

Am i right?
yes, but i forgot whether i set the martingale true or false

for martingale true, the increment is only by 0.1 for each new trades.
meaning 0.1, 0.2.0.3.0.4...(not really martingale but just increments)
  • #214
  • Nov 19, 2008 5:04am Nov 19, 2008 5:04am
Quoting akukaya
only few pages...
What do you mean only a few pages?
My Email For Help: [email protected]
  • #215
  • Nov 19, 2008 5:23am Nov 19, 2008 5:23am
OK When you put your Sterling_Challenge_rsi on the chart and you see the setting in it do you leave the setting alone add the EA to the chart and then add the RSI indicator with Settings at 4 and levels at 75 and 25. And can I put it on the 5 min chart to test Thank you
My Email For Help: [email protected]
  • #216
  • Nov 19, 2008 12:09pm Nov 19, 2008 12:09pm
Akukaya help
Still message '' invalid ticket for OrderClose function''. What to do?

Lang
  • #217
  • Nov 19, 2008 4:56pm Nov 19, 2008 4:56pm
Hi Akukaya,

what is the position of your EA ? has it been updated with the bolinger settings or not.

If you have modified it with all the filters, pls let us know and at the same time update the old one so that we all have the same copy taking the challenge side by side come Dec 1.

and so that we can put the bollinger bands on our charts

Good work Akukaya

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #218
  • Nov 19, 2008 5:53pm Nov 19, 2008 5:53pm
Quoting Kosomolate
Hi Akukaya,

what is the position of your EA ? has it been updated with the bolinger settings or not.

If you have modified it with all the filters, pls let us know and at the same time update the old one so that we all have the same copy taking the challenge side by side come Dec 1.

and so that we can put the bollinger bands on our charts

Good work Akukaya

kos
I dont update the original EA yet as the filter not really works yet.
Hope can update it when find a suitable filter.
  • #219
  • Nov 19, 2008 5:56pm Nov 19, 2008 5:56pm
What's wrong with your BB filter?
You wrote it's ok -no MC in august

Quoting akukaya
I dont update the original EA yet as the filter not really works yet.
Hope can update it when find a suitable filter.
  • #220
  • Nov 19, 2008 7:39pm Nov 19, 2008 7:39pm
Quoting Dezil
What's wrong with your BB filter?
You wrote it's ok -no MC in august
Yes, no MC on August08 but the filtering makes others months non profitable.
Need some more tweaking here.

Devil, I dont really get your ATR filtering method. Care to explain with charts sampels?
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