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Attachments: FX 1M Bounce system
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FX 1M Bounce system

  • #121
  • Edited 12:19am Dec 29, 2008 12:16am | Edited 12:19am
Hi,

The Bounce EA entered a trade at 5.22am and exited at break even I guess based on the trailing stop.

Trading the FX prime manually would have entered about the same time and price but would have resulted in a +27 trade based on my own trailing.

So it seems to me that the trailing stop criteria in the EA is a little too tight.

Tried to add an image but could not figure out how to do it.

regards
  • #122
  • Dec 29, 2008 12:20am Dec 29, 2008 12:20am
hi guys,
my first trade +2 pip
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  • #123
  • Dec 29, 2008 12:37am Dec 29, 2008 12:37am
Quoting siobi
hi guys,
my first trade +2 pip
Siobi,

Yes this is the trade that I got into which exited at break even. Like I said, it seems to me that there should be a way to vary the trailing stops. We could have stayed in the trade much longer for a better return.

regards
  • #124
  • Dec 29, 2008 1:13am Dec 29, 2008 1:13am
Looks like the trade was entered a little before yours on my brokers platform, and ended up 20 pip loss

Sir Viver
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“The waiting is the hardest part” Tom Petty
  • #125
  • Dec 29, 2008 1:16am Dec 29, 2008 1:16am
Quoting Naresh
Siobi,

Yes this is the trade that I got into which exited at break even. Like I said, it seems to me that there should be a way to vary the trailing stops. We could have stayed in the trade much longer for a better return.

regards
hi Naresh,
it is a buy signal from FXPrime indicator... if we do manual trade, we might be lose the trade.... from your post, it seems u r taking it as bouce signal...
  • #126
  • Dec 29, 2008 1:19am Dec 29, 2008 1:19am
Quoting SirViver
Looks like the trade was entered a little before yours on my brokers platform, and ended up 20 pip loss

Sir Viver
hi there,
when is your trade entered?
I do not have the signal!!!
  • #127
  • Dec 29, 2008 1:21am Dec 29, 2008 1:21am
Quoting siobi
hi Naresh,
it is a buy signal from FXPrime indicator... if we do manual trade, we might be lose the trade.... from your post, it seems u r taking it as bouce signal...
Yes the EA entered the trade. It was not a manual entry. I was just making the point that the exit was too soon or so it seemed to me. If I had been trading it manually I would have stayed in longer for a better return.

If we could make the trailing stop wider maybe...

Naresh
  • #128
  • Dec 29, 2008 1:50am Dec 29, 2008 1:50am
Quoting Naresh
Hi,

The Bounce EA entered a trade at 5.22am and exited at break even I guess based on the trailing stop.

Trading the FX prime manually would have entered about the same time and price but would have resulted in a +27 trade based on my own trailing.

So it seems to me that the trailing stop criteria in the EA is a little too tight.

Tried to add an image but could not figure out how to do it.

regards

hi Naresh,
just to clerify...
on 5:22... it should be FXPrime signal... not bouncing signal....
correct me if I'm looking at the wrong signal...
  • #129
  • Dec 29, 2008 3:25am Dec 29, 2008 3:25am
Quoting siobi
1) spread control
2) bouncing entering ensure not against fxprime
3) FX Prime rules exit can be cater when the trend of Heiken Ashi change color.
4) Bouncing rules exit still can be cater when the trend of Heiken Ashi change color + BE to ensure no losing....or...mnimum lose....
Pls, the new version settings, is it an EA or just the rules to follow?
if it is an EA, where can i find it? thanks
  • #130
  • Dec 29, 2008 3:39am Dec 29, 2008 3:39am
Quoting siobi
hi Naresh,
just to clerify...
on 5:22... it should be FXPrime signal... not bouncing signal....
correct me if I'm looking at the wrong signal...

Sorry Siobi I am not sure what you mean.

The signal and trade was done by the bouncing EA that you posted.


Just entered again. BTW at 9.30 and then again at 9.32 so I have 2 positions both in positive. Lets see how they do
  • #131
  • Dec 29, 2008 3:41am Dec 29, 2008 3:41am
Quoting Naresh
Sorry Siobi I am not sure what you mean.

The signal and trade was done by the bouncing EA that you posted.


Just entered again. BTW at 9.30 and then again at 9.32 so I have 2 positions both in positive. Lets see how they do
Both exited. One at +9 and the other at +10
  • #132
  • Dec 29, 2008 3:49am Dec 29, 2008 3:49am
Hi guys,
second trade....profited 12 pip...
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  • #133
  • Dec 29, 2008 4:00am Dec 29, 2008 4:00am
Quoting umar muniru
Pls, the new version settings, is it an EA or just the rules to follow?
if it is an EA, where can i find it? thanks

hi there,
sorry for missunderstanding...

the system trading method will be always updated at post#1. above is EA newsetting...
  • #134
  • Dec 29, 2008 4:00am Dec 29, 2008 4:00am
hi siobi
first thank you .
these are the trades taken today by your EA .
i have mentioned that the trailing stop do not work , some of the negatives trades were above + 12 pip and end up on loss . as for the last 2 trades i close it manually
waiting for your comments
regards
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  • #135
  • Dec 29, 2008 4:01am Dec 29, 2008 4:01am
Quoting Naresh
Sorry Siobi I am not sure what you mean.

The signal and trade was done by the bouncing EA that you posted.


Just entered again. BTW at 9.30 and then again at 9.32 so I have 2 positions both in positive. Lets see how they do
hi there,
this EA will trade for 2 system, FXPrime and bouncing system....
  • #136
  • Dec 29, 2008 4:05am Dec 29, 2008 4:05am
Quoting samer960
hi siobi
first thank you .
these are the trades taken today by your EA .
i have mentioned that the trailing stop do not work , some of the negatives trades were above + 12 pip and end up on loss . as for the last 2 trades i close it manually
waiting for your comments
regards
hi there,
this might be a big problem if the TS do not work...

For my platform, it works fine and you may notice all my trades were exited from modified SL.
  • #137
  • Dec 29, 2008 4:11am Dec 29, 2008 4:11am
Siobi
as you can see the third trade was a short at 14259 and the price went down to be in profit and after a retrace it closed -20 pip . it means the SL do not work !! what do you suggest me to do , maybe there is a bug, how can we fix this ?
i have another problem when i put the ea on IBFX it gives me only red lines for HAS .
thanks
Quoting siobi
hi there,
this might be a big problem if the TS do not work...

For my platform, it works fine and you may notice all my trades were exited from modified SL.
  • #138
  • Dec 29, 2008 4:24am Dec 29, 2008 4:24am
Quoting samer960
Siobi
as you can see the third trade was a short at 14259 and the price went down to be in profit and after a retrace it closed -20 pip . it means the SL do not work !! what do you suggest me to do , maybe there is a bug, how can we fix this ?
i have another problem when i put the ea on IBFX it gives me only red lines for HAS .
thanks
hi there,
I dont think it is a bug asit works fine for me and others,
perhaps you may check the "Expert" and "Journal" tab to give me more information on your problem there.

I had no idea what happend to you but for sure the TS not works on ur pc...

anyway, you may always turn into manual trade based on the EA, we are here to evaluate the system NOT the EA...

thanks and hope you may get it thru.
  • #139
  • Dec 29, 2008 4:44am Dec 29, 2008 4:44am
Hey Samer, Was your trade at least 5 pips in profit to trigger the ts? The initial sl is set at 20 pips i believe.
  • #140
  • Dec 29, 2008 4:48am Dec 29, 2008 4:48am
My trades today so far are -20, -20, 13, 14, 11,10
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