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fozzy - my experiment

  • #21
  • Mar 5, 2007 3:12pm Mar 5, 2007 3:12pm
CHF/JPY +320, SL moved to 95.93 to lock 8% profit
EUR/CAD +210, SL moved to 1.5328 to lock 2% profit
GBP/JPY +1440, SL moved to 226.02 to lock 16% profit
USD/CHF +90, SL moved to 1.2303 to lock 0% profit

looking to long usd/chf and short eur/cad if SLs are hit.
  • #22
  • Mar 5, 2007 5:05pm Mar 5, 2007 5:05pm
Nice work richy........if those were my trades, I'd close EUR/CAD & USD/CHF now.

Quoting richy
CHF/JPY +320, SL moved to 95.93 to lock 8% profit
EUR/CAD +210, SL moved to 1.5328 to lock 2% profit
GBP/JPY +1440, SL moved to 226.02 to lock 16% profit
USD/CHF +90, SL moved to 1.2303 to lock 0% profit

looking to long usd/chf and short eur/cad if SLs are hit.
  • #23
  • Edited 7:23am Mar 6, 2007 7:05am | Edited 7:23am
Thanks BeachBum

Update:
EUR/CAD closed +165 pips or 4%
USD/CHF closed +60 pips or 2%

To take action soon: Short AUD/NZD

Current trades:
Short CHF/JPY currently +285
Short GBP/JPY currently +1216

New trades:
Short EUR/CAD at 1.5431, SL 1.5517, close half at 1.5346
Long USD/CHF at 1.2222, SL 1.2146, close half at 1.2298

Stats:
Trades: 7
Loss: 2
Win: 4
Break even: 1
ROI: 22%
P/L in pips: 809 pips
Attached Image
  • #24
  • Mar 6, 2007 8:05am Mar 6, 2007 8:05am
Mikhail....

This post may be a little too late, but elsewhere it has been posted by several traders that Fozzy EA 2.1 performs better, although no-one (not even the creators of the EA) can explain why that is. I personally don't use an EA, like you, I trade manually. I like the feeling of "pulling the trigger". HTH


Quoting mikhaildgreat
Hi this EA is a V2.2 Modification, I havnt tried 2.1 yet... which of the 2 versions have you found to perform better?

Hmmm... Actually I sometimes do not agree with the trades the EA makes... Im thinking of starting from scratch for the next version of Fozzy ATR EA. will inform you what i come up with.

-Mikhail
  • #25
  • Mar 6, 2007 4:25pm Mar 6, 2007 4:25pm
Closed GBP/JPY for 1150 pips or 15%.
Attached Image
  • #26
  • Mar 6, 2007 4:35pm Mar 6, 2007 4:35pm
New trades:
aud/nzd, short at 1.1353, SL 1.1438, TP1 1.1268
eur/chf, long at 1.6055, SL 1.5980, TP1 1.6134
eur/jpy, long at 153.06, SL 151.53, TP1 154.58
gbp/chf, long at 2.3610, SL 2.3454, TP1 2.3766
gbp/jpy, long at 225.17, SL 222.56, TP1 227.78
gbp/usd, long at 1.9315, SL 1.9222, TP1 1.9408
nzd/usd, long at 0.6827, SL 0.6765, TP1 0.6889

Current trades:
chf/jpy +260
eur/cad +10
  • #27
  • Mar 6, 2007 4:45pm Mar 6, 2007 4:45pm
Quoting richy
New trades:
aud/nzd, short at 1.1353, SL 1.1438, TP1 1.1268
eur/chf, long at 1.6055, SL 1.5980, TP1 1.6134
eur/jpy, long at 153.06, SL 151.53, TP1 154.58
gbp/chf, long at 2.3610, SL 2.3454, TP1 2.3766
gbp/jpy, long at 225.17, SL 222.56, TP1 227.78
gbp/usd, long at 1.9315, SL 1.9222, TP1 1.9408
nzd/usd, long at 0.6827, SL 0.6765, TP1 0.6889

are you using fozzy standart? I don't see any cross for the long on eur,jpy and gbp,jpy...
  • #28
  • Mar 6, 2007 4:59pm Mar 6, 2007 4:59pm
hello Miguel,

my approach is a bit aggressive, that is i take action a bit earlier if i see good chance. Besides, if the market is moving sideways or has little volatility, i may set limit orders where if hit, that would be a cross. The purpose of doing this is not to miss big movements after low volatility period.

If you noticed my gbp/jpy trade last week, if i had waited until that cross, i would have missed that big trend. Instead, i set that sell limit order ahead and wow
  • #29
  • Mar 6, 2007 5:07pm Mar 6, 2007 5:07pm
Quoting richy
hello Miguel,

my approach is a bit aggressive, that is i take action a bit earlier if i see good chance. Besides, if the market is moving sideways or has little volatility, i may set limit orders where if hit, that would be a cross. The purpose of doing this is not to miss big movements after low volatility period.

If you noticed my gbp/jpy trade last week, if i had waited until that cross, i would have missed that big trend. Instead, i set that sell limit order ahead and wow
Oh i see,thank you for the answer. Good trades man, enjoy the ride
  • #30
  • Mar 7, 2007 5:39pm Mar 7, 2007 5:39pm
Got stopped out on aud/nzd, eur/cad, gbp/chf, nzd/usd.

The winning rate returns back to 50% as expected (5 winning trades out of 12). However the equity gain is still positive 29%. The key here is to cut loss fast and stay in the trend as long as possible.
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  • #31
  • Mar 7, 2007 11:18pm Mar 7, 2007 11:18pm
chf/jpy short position closed for +230 pips or 9.6%.

current equity gain: 38.6%
  • #32
  • Mar 8, 2007 2:46pm Mar 8, 2007 2:46pm
Update on current trades:

L eur/chf: +58
L eur/jpy: +77
L gbp/jpy: +60
L gbp/usd: -26

Unrealized profit: 3.6%

Stats up to date:
win/loss ratio is roughly 50% but return is 38%, risk for every trade is 2%.

Pause my experiment here for a while to concentrate on another experiment ...

thanks
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  • #33
  • Sep 28, 2007 8:36am Sep 28, 2007 8:36am
the fozzy ATR EA mq4 is it an indicator or expert? How does it work
  • #34
  • Sep 28, 2007 8:56am Sep 28, 2007 8:56am
Quoting dego
the fozzy ATR EA mq4 is it an indicator or expert? How does it work
dego...........

That's something created by richy, but he has not posted in this thread for a while. I suggest you send him a PM and ask. HTH!
  • #35
  • Sep 29, 2007 3:04am Sep 29, 2007 3:04am
Hi richy Continuous with this system or you have changed something….

By the way that is of the Life of Fozzy…. no longer it writes… greetings
  • #36
  • Nov 5, 2007 9:10pm Nov 5, 2007 9:10pm
Quoting mikhaildgreat
Hey I made a Fozzy EA modification that could maybe help your experiment. I changed it so all the TP, SL, TS are based on ATR. Im currently using this on my live FXDD account but im using the default values. You can easily change them to suit your experiment.

I attached the EA below.

-Mikhail
Hai Mikhaildgreat,
From the method you changed is very good, Since we can't force the market movement, we just need to follow it.

I need your help on you EA, I Just set your EA on Daily chart using MT4, but not NF/FXDD/IBFX. Do I need a specific chart setting with indicators, to run you EA ? Please advice. Thank You

Fozzy method is good, I tried to trade + combine it with Gann Method... and made good result...
  • #37
  • Last Post: Nov 6, 2007 2:38am Nov 6, 2007 2:38am
Fozzy ATR EA.mq4

Hi Guys
I just downloaded the above EA on to MT4 but its not opening, can someone kindly assist
Also you mentioned about the SL is that the recent high/low of the previous bar or day
Thanks in advance
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