Sterling Challenge 1 | Page 14 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Sterling sell-off beginning 9.30 BST 4 replies

Sterling 2 replies

Sterling 1 reply

A little technical overview $Swiss and Sterling$ 7 replies

GBP/USD Sterling gains as strong GDP 1 reply

Attachments: Sterling Challenge 1
Exit Attachments

Sterling Challenge 1

  • #261
  • Nov 24, 2008 12:35am Nov 24, 2008 12:35am
Quoting tcmm
Forwarder don't you think 5 min. TF can give you a big Drawdown when the big trend moves big and fast at a $1.00 pip and those trends up or down do come and you can be stuck in that DD. What do you think?

Thanks
I thought about it and this is a reason why I choose EUR/GBP because this pair is very heavy and strong trend on it is very seldom. By this reason I have limited for myself max trades - 8. I'm just testing and watching. Initially, the author of this system gave us this EA for GBP/USD, but I think, it's too dangerous to trade it without filter, which can determine a strong trend. I agree, that 3 days is not enough to deduce is it good system or not, but this is what we are doing here, on FF, - we are seeking, we are testing and help each other.
  • #262
  • Nov 24, 2008 12:40am Nov 24, 2008 12:40am
Quoting Forwarder
I thought about it and this is a reason why I choose EUR/GBP because this pair is very heavy and strong trend on it is very seldom. By this reason I have limited for myself max trades - 8. I'm just testing and watching. Initially, the author of this system gave us this EA for GBP/USD, but I think, it's too dangerous to trade it without filter, which can determine a strong trend. I agree, that 3 days is not enough to deduce is it good system or not, but this is what we are doing here, on FF, - we are seeking, we are testing and help each other.
Let's wait when strong trend on EUR/GBP occurs, and we will see what happens and, maybe, we will find a way how to recognize it and prevent a loss. We will see...
  • #263
  • Nov 24, 2008 1:46am Nov 24, 2008 1:46am
added $100 to my account during Asian session. Let's continue...
  • #264
  • Nov 24, 2008 2:06am Nov 24, 2008 2:06am
Quoting Forwarder
added $100 to my account during Asian session. Let's continue...
Nice results, I still trying with filtering idea, but not really complete yet.
I also stop forward testing as my laptop having problem to continue 24hrs a day. Need to fixed it.

Really hope I can complete the EA by end of this week. So next month will start pips count.

Sterling,
your EA completed(H4 5EMA)?
I try to make one to follow exact rules in your first page but the EA tested ok for BUY but wrongly for SELL. I will try fixed it too.
  • #265
  • Nov 24, 2008 3:15am Nov 24, 2008 3:15am
Hi, akukaya.

If you want you can PM me or post in the thread your filter idea, hope i can check it quick because i have my own EA ready for original rules of this system

Quoting akukaya
Nice results, I still trying with filtering idea, but not really complete yet.
I also stop forward testing as my laptop having problem to continue 24hrs a day. Need to fixed it.

Really hope I can complete the EA by end of this week. So next month will start pips count.

Sterling,
your EA completed(H4 5EMA)?
I try to make one to follow exact rules in your first page but the EA tested ok for BUY but wrongly for SELL. I will try fixed it too.
  • #266
  • Nov 24, 2008 3:18am Nov 24, 2008 3:18am
Could you please modify EA also for IBFX?, for 0,01 lots?
thx
bj
BJ
  • #267
  • Nov 24, 2008 8:06am Nov 24, 2008 8:06am
Quoting forexlion
nice EA, here is the source code
Forex Lion,
nice decoder program you have there, but I think you shouldn't post it here where I already mention I dont want to post my mq4.

You are free to code your own EA following the rules, but not exposing mine.

I will close this thread and never post my EA again in FF.

Sorry guys, now you all can use his posted EA for improvement.
I am done till here.

Chow.
  • #268
  • Nov 24, 2008 8:23am Nov 24, 2008 8:23am
Hi akukaya!

Do not take fast decisions about FF, there are a lot of people here who appreciate you work.


Quoting akukaya
Forex Lion,
nice decoder program you have there, but I think you shouldn't post it here where I already mention I dont want to post my mq4.

You are free to code your own EA following the rules, but not exposing mine.

I will close this thread and never post my EA again in FF.

Sorry guys, now you all can use his posted EA for improvement.
I am done till here.

Chow.
  • #269
  • Nov 24, 2008 10:32am Nov 24, 2008 10:32am
Hi Akukaya

Dont because of just one person who has wronged you, forget about hundreds of us who truly appreciate you and what you are doing. Some of us cannot even write one line of code. People like us trust in your EA more than any other one, because you are the one that stated the rules.

someone like me I can not use any other EA to trade this RSI system except any one that comes from you. no matter the person that write the EA.

What are the after the source code for, once the ex4 is doing exactly what it should do

Akukaya Pleeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeease dont end this laudable work of helping others just like that.


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #270
  • Nov 24, 2008 10:39am Nov 24, 2008 10:39am
Quoting akukaya
Forex Lion,
nice decoder program you have there, but I think you shouldn't post it here where I already mention I dont want to post my mq4.

You are free to code your own EA following the rules, but not exposing mine.

I will close this thread and never post my EA again in FF.

Sorry guys, now you all can use his posted EA for improvement.
I am done till here.

Chow.
which source and where ??

kindly clarify
  • #271
  • Nov 24, 2008 5:49pm Nov 24, 2008 5:49pm
Quoting akukaya
Forex Lion,
nice decoder program you have there, but I think you shouldn't post it here where I already mention I dont want to post my mq4.

You are free to code your own EA following the rules, but not exposing mine.

I will close this thread and never post my EA again in FF.

Sorry guys, now you all can use his posted EA for improvement.
I am done till here.

Chow.
Dear Akukaya,
please stay with us, we really respect and appreciate your work and your help.
  • #272
  • Edited 7:18pm Nov 24, 2008 7:07pm | Edited 7:18pm
Quoting forexlion
which source and where ??

kindly clarify
I'd say he is talking about the source code of his EA which you used a decompiler on and then posted his code here for everyone to download against his wishes, looks like that post has *mysteriously* disappeared.
Can't be 100% sure it was you though, this is the internet after all, someone may have hijacked your account and user same as "forexlion" without you knowing and posted it or maybe they just have the same user name "Forex Lion" and is not actually you- so apologies if that is so.


akukaya,
I hope you choose to still stick around the majority of us are very thankful for your thread and EA,
My original demo default GBPUSD,
Is + 1721 pips
Max floating DD seen Still -841 pips.
  • #273
  • Nov 24, 2008 7:43pm Nov 24, 2008 7:43pm
Quoting viperzz
I'd say he is talking about the source code of his EA which you used a decompiler on and then posted his code here for everyone to download against his wishes, looks like that post has *mysteriously* disappeared.
Can't be 100% sure it was you though, this is the internet after all, someone may have hijacked your account and user same as "forexlion" without you knowing and posted it or maybe they just have the same user name "Forex Lion" and is not actually you- so apologies if that is so.


akukaya,
I hope you choose to still stick...

I can say this is my first thread and last where I post my system and EA(.ex4) publicly. I do think most people in FF is sincere and only few is unrespectable people.

To be fair to our friends who actively involved in this thread, I will P.M you guys personally when I have any update. as I say, i have many other EAs and ideas, and will keep doing it as my hobby and privately for few..

Till then, I would like to request from admin to close this thread for me.
  • #274
  • Nov 25, 2008 1:59am Nov 25, 2008 1:59am
Quoting viperzz
I'd say he is talking about the source code of his EA which you used a decompiler on and then posted his code here for everyone to download against his wishes, looks like that post has *mysteriously* disappeared.
Can't be 100% sure it was you though, this is the internet after all, someone may have hijacked your account and user same as "forexlion" without you knowing and posted it or maybe they just have the same user name "Forex Lion" and is not actually you- so apologies if that is so.


akukaya,
I hope you choose to still stick...
could be, i wish i had a decompiler like that.

and akukaya stop crying like a baby and get back to work on this thread.
  • #275
  • Nov 25, 2008 2:17am Nov 25, 2008 2:17am
Hi all, I ran a demo account since 2 week ago. Yesterday those account called margin. Its becasue the carry trade pair was so strong, so all high yield pair rally like hell. This making sell, sell, and sell order quite a lot.

I can share something. I think once the reversal like yesterday, I think the retracement should be happening after that, so I try to open another demo account this morning and its profittable.

Moral of the story, the big opportunity is there when you on the sterling challenge EA after the big reversal point. You got to know when and must always be prepare to drawdown. Normally the event of the breakout is happening twice a week. So I expect to get more profit rather losses until this friday.
  • #276
  • Nov 26, 2008 1:51am Nov 26, 2008 1:51am
your system and your EA is fantastic!!!
its pity that you stop your thread!
BJ
  • #277
  • Nov 26, 2008 1:25pm Nov 26, 2008 1:25pm
Guys Keeping testing the system post the results.
I started on Sunday night Asian with a Demo $10.000 EA Update 2.
Its at $10,524.00 Now Wednesday 2.15pm est.
Drawdown so far -172.00
I check back further and the biggest DD I saw was-1024.00 but came back to profit.
What I see is that to get a big DD for 10 pips doesn"t really look good, but its how it continues and then makes total pips.
Any Updates on the System that you guys are finding out on your Demo"s?
My Email For Help: [email protected]
  • #278
  • Nov 26, 2008 5:27pm Nov 26, 2008 5:27pm
I started mine 17 days ago when it first was posted the original default on GBPUSD.
$5000 account.
1 Mini lot $1.00.

As of right now-

+2078 pips = $2078.00= 41.5% profit.

$7078.68 balance

Max floating loss ever seen- 841 pips/$.

Hasn't come close to margin call so far.
No doubt it possibly will, but so far so good.

Sensible money management may be the only thing needed to keep it going in the end.
  • #279
  • Nov 28, 2008 5:55am Nov 28, 2008 5:55am
today on micro GBP USD 5 min
all set up are win
thx akukaya!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: dnes.png Size: 22 KB
BJ
  • #280
  • Dec 1, 2008 6:05pm Dec 1, 2008 6:05pm
Last update for now.
After such a good run of +2463 pips, looks like the run away trend has got mine- which we knew would happen...well it's not margin called yet but unacceptable DD for anyone I'd say if this was a live account.
I guess some sort of SL would have helped. Hope your still working on this one Akukaya, if we can just avoid placing orders during these trends somehow...because it was absolutely brilliant profits before.
Attached Image (click to enlarge)
Click to Enlarge Name: sterling chalenge1.gif Size: 29 KB
0 traders viewing now