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

  • #221
  • Jan 8, 2009 3:24pm Jan 8, 2009 3:24pm
The 1.04 is not opening any trades in forward test here (worked in backtest though). Any ideas?
  • #222
  • Jan 8, 2009 4:03pm Jan 8, 2009 4:03pm
I think there is something missing for 1.04, been running for almost 12 hours and no trades opened. Hopefully we will find out soon...


Quoting bonten
The 1.04 is not opening any trades in forward test here (worked in backtest though). Any ideas?
  • #223
  • Jan 8, 2009 4:39pm Jan 8, 2009 4:39pm
I think it will only trade asian session. Less volatility I think.

Been keeping myself busy trading siobi's template though. Not bad for one day, if only I can do this in a live account!
Attached Image (click to enlarge)
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  • #224
  • Jan 8, 2009 5:10pm Jan 8, 2009 5:10pm
guys, to conclude...question aer as belowI'll answer later... rushing to office now...urgent)

1) Trading guide
2) Template
3) why no mq4 files


what else?
  • #225
  • Jan 8, 2009 5:20pm Jan 8, 2009 5:20pm
Quoting siobi
guys, to conclude...question aer as belowI'll answer later... rushing to office now...urgent)

1) Trading guide
2) Template
3) why no mq4 files


what else?
No worries Siobi...we can wait...

Your subject line read "V104 Manual Trading"

I do not know if you meant Manual Trading or Trading Manual :-)

I think a trading manual is essential for numerous reasons. Trading manually might be explained in the rules. I think it's important for people to get a good understanding of why the program is making the trades that it does.....for people new to these indicators or new to a system like this, it may be helpful to explain the reasoning behind the logic built into the EA.

Anyhow, I am sure you took this into consideration. So we will just wait for the template and some instructions.

Thanks for your effort.
Deprive a man of everything and you give him nothing to lose.
  • #226
  • Edited 7:01pm Jan 8, 2009 5:22pm | Edited 7:01pm
Quoting siobi
guys, to conclude...question aer as belowI'll answer later... rushing to office now...urgent)

1) Trading guide
2) Template
3) why no mq4 files


what else?
Yes, I have one....

Will you be running for UN Secretary General? If not, please do after you/we make this ea the best available!

What a guy, huh?!

$160 more manually using the template, waiting for v104 to place some trades:EDIT; Two trades already taken for 10pip profit by v104!!
(Before using this template, I would never be this consistent, and all in one day)
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: fx1mbounce1 8 09.gif Size: 55 KB
  • #227
  • Edited 8:22pm Jan 8, 2009 8:08pm | Edited 8:22pm
11 pip profit with 3 completed trades and one stuck in a consolidation for quite a while. Never good when 1m trades go this long, as it begins to be luck rather than logic. We shall see where it breaks to, up or down. So far I like it very much though!

As we all know indicators are lagging and this can already be seen from just the chart below - bouncing entries are a bit late to the party, but that doesn't matter if it trades often enough and usually gets a good piece of each move, and it seems to be very good with the trends. That should make up for the occasional stop losses.

I will continue to trade manually, and obviously test this latest wonderful ea and post results. ...Already trading better than paid ea's!

Eternal gratitude to siobi and everyone else here.
Attached Image (click to enlarge)
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  • #228
  • Jan 8, 2009 8:15pm Jan 8, 2009 8:15pm
Quoting Dan Johnston
11 pip profit with 3 completed trades and one stuck in a consolidation for quite a while. Never good when 1m trades go this long, as it begins to be luck rather than logic. We shall see where it breaks to, up or down. So far I like it very much though!
yes,
this EA doenst close this trade and it might be a losing trade...

if you are trading live, then u better close the trade with minimum lose...

if u r testing in DEMO... let it be......or set a SL at 10 pip.... because once it breaks... it hurts!!!
  • #229
  • Jan 8, 2009 8:25pm Jan 8, 2009 8:25pm
Quoting siobi
yes,
this EA doenst close this trade and it might be a losing trade...

if you are trading live, then u better close the trade with minimum lose...

if u r testing in DEMO... let it be......or set a SL at 10 pip.... because once it breaks... it hurts!!!
LOL, yes siobi, thanks. I was tempted to close it at +1pip but then remembered it's demo and need to test it and not me. LOL
  • #230
  • Jan 8, 2009 8:26pm Jan 8, 2009 8:26pm
No clue why v.104 doesn't open any trades here... Maybe I am doing something wrong. Please help?

Quoting siobi
yes,
this EA doenst close this trade and it might be a losing trade...

if you are trading live, then u better close the trade with minimum lose...

if u r testing in DEMO... let it be......or set a SL at 10 pip.... because once it breaks... it hurts!!!
  • #231
  • Jan 8, 2009 8:28pm Jan 8, 2009 8:28pm
Quoting amlo77
No clue why v.104 doesn't open any trades here... Maybe I am doing something wrong. Please help?
Hello amlo.

Can you post pic of your chart, broker, and any other pertinent info?
  • #232
  • Jan 8, 2009 8:36pm Jan 8, 2009 8:36pm
Dan,

Thanks for the help. Here's a pic.

I am also on skype 24/7 so we can chat.

Later,

amlo77

Quoting Dan Johnston
Can you post pic of your chart, broker, and any other pertinent info?
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  • #233
  • Jan 8, 2009 8:45pm Jan 8, 2009 8:45pm
You should have just gotten a buy trade. If you didn't I would first make sure that you don't have another ea on your mt4 at the moment, or at the very least make sure your magic #'s are different.

Right now I have two trades open one a sell from earlier and a very recent buy.
  • #234
  • Jan 8, 2009 8:45pm Jan 8, 2009 8:45pm
Quoting amlo77
Dan,

Thanks for the help. Here's a pic.

I am also on skype 24/7 so we can chat.

Later,

amlo77
hi there,
click on your expert tab and re-attach the EA to the window..
if anything fail, it show show you in the expert tab.
  • #235
  • Jan 8, 2009 8:53pm Jan 8, 2009 8:53pm
Siobi, today I have been playing the overbought/oversold bounces of the stochrsi, and have had exceptional - for me anyway - success.
If I get in too early, I keep buying/selling into the move against me and it usually comes back for a healthy profit.

When and if you ever get a chance, you may want to look into a martingale type buy/sell pattern on the 1m chart, which should be greatly more profitable and safer than the same martingale type system on a longer timeframe. The entry of the stochrsi is quite impressive to me, and on the occasions, like below when we have a runaway breakout, we keep selling on the way up and eventually it comes back to at least give us profit on the last larger lot positions.

It's never fun to keep selling on the way up or vice versa, but if done by an ea I can swing it, since today I made good manual pips by doing it that way - which is a miracle for me. LOL!!!
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  • #236
  • Jan 8, 2009 9:04pm Jan 8, 2009 9:04pm
Ok, It finally triggered. It actually opened more then one trade. Here's a screen shot.

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  • #237
  • Edited 9:37pm Jan 8, 2009 9:08pm | Edited 9:37pm
Glad to have you onboard this 200mph Japanese express train amlo!
("The target speed for the train is 310 mph. Central Japan Railway has a maglev test train that ran 361 mph in 2003")

I have a feeling siobi's forex ea will be faster!

Speaking of fast vehicles, you all should check out the eliica on you tube when you have a chance. (8 wheeled Japanese electric car with over 800hp)

Now for some rest after breaking the $1000 mark in one day on my demo acc. with siobi's template with this last quick trade:
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  • #238
  • Jan 8, 2009 11:47pm Jan 8, 2009 11:47pm
Hi Siobi,

I have tried on your V104,i notice that there isn't any stop loss on it.its only when there is a profit then the stop loss will secure the profit.I back test it,got some trades show massive losses.I thought the initial stop loss is 30pips?it did go beyond 30pips during the forward test.is it possible to set hide s/l to false if there is?
  • #239
  • Edited 12:35am Jan 9, 2009 12:18am | Edited 12:35am
Closed bad trades a bit late, but even so not bad so far.

Adjustable stop may be in the works, otherwise I'll try to use another takeprofit type ea on another chart closing all trades at certain stoploss. 30 may be way too high, we shall see though.
Attached Image (click to enlarge)
Click to Enlarge Name: fx1mbounce1 8 09b.gif Size: 64 KB
  • #240
  • Edited 1:55am Jan 9, 2009 1:50am | Edited 1:55am
hi all,

attached is the Manual Trading guide + all the indicator.


For those who like auto/semi auto trading,
Please used this EA and you may exit the trade manually.

I do not include the EA guide as EA is for entry purpose, so why bother about the EA?
Attached File(s)
File Type: zip FX 1M Bounce system.zip   89 KB | 676 downloads
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