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Nanningbob 60x90 EA

  • #81
  • Feb 2, 2009 9:07pm Feb 2, 2009 9:07pm
The next thing I am going to work on is lot size for each currency pair. I want each currency to make about the same amount of profit when they TP. That will mean some will be at .01, some at .02 and some at .03. That will take some math work. For instance at .01 the gbp/jpy and eur/jpb will take .64 and .67 profit on 60 pips but the Aud/Nzd is .32 and Eur/Aud is .40. And of course some of the USD are at 1.00. I may change some to .02 lots or .03 so the amounts are more equal at profit time.
  • #82
  • Feb 2, 2009 9:29pm Feb 2, 2009 9:29pm
Quoting nanningbob
The next thing I am going to work on is lot size for each currency pair. I want each currency to make about the same amount of profit when they TP. That will mean some will be at .01, some at .02 and some at .03. That will take some math work. For instance at .01 the gbp/jpy and eur/jpb will take .64 and .67 profit on 60 pips but the Aud/Nzd is .32 and Eur/Aud is .40. And of course some of the USD are at 1.00. I may change some to .02 lots or .03 so the amounts are more equal at profit time.
ill be updating the excel tonight and ill post tomorrow, should make things easier
Grabbing the bull by the horns!
  • #83
  • Feb 3, 2009 6:35am Feb 3, 2009 6:35am
Quoting nanningbob
I just noticed on some of my demos with other companies, other than IBFX, that some currencies are not even trading. Is anyone else, having this probelm??
Bob,
I'm only trading with IBFX so can't help you on that one. As to lot size and TP, I had a level one TP of $1.53 in AUD/NZD trading .05 compared to $3.35 for the EUR/JPY pair. That seems off to me but could just be the difference in the value of a pip between the pairs.
  • #84
  • Feb 3, 2009 7:20am Feb 3, 2009 7:20am
hi folks...
this is my first day with this great EA...i put on 9 currencies and this is result!
but tonight i saw open and close only 1 order and until now no operation!!
how is possible????
Attached Image (click to enlarge)
Click to Enlarge Name: DEMO.jpg Size: 97 KB
  • #85
  • Feb 3, 2009 7:24am Feb 3, 2009 7:24am
demoing 10 pairs on IBFX at .03 each. No new trades opened last night. Account made $35.00 with just one trade open now.
  • #86
  • Feb 3, 2009 7:32am Feb 3, 2009 7:32am
Probably just a slow night. Looks like you're starting with 30 cents, instead of .03 cents.
Quoting spynamax
hi folks...
this is my first day with this great EA...i put on 9 currencies and this is result!
but tonight i saw open and close only 1 order and until now no operation!!
how is possible????
  • #87
  • Feb 3, 2009 8:24am Feb 3, 2009 8:24am
Quoting paradoxical
Probably just a slow night. Looks like you're starting with 30 cents, instead of .03 cents.
I leave original setup start from .01 mix currencies 9 2(GBP-USD - GBP-JPY 5 MIN.) 4( 15 MIN. EURUSD-EURGBP-EURJPY-USDCAD) 2(30 MIN. EURCHF-CHFJPY) AND 1(1H NZDJPY) after a lot of trades like you see..night and morning nothing upend!
now i try to delete all EA restart MT4 and replace EA and after 45 min. start to open 3 trades.
very strange!!
ok...we continue to test...but seems great!!
Thanks NanningBob for you appreciate hard work!!!
  • #88
  • Feb 3, 2009 8:39am Feb 3, 2009 8:39am
Quoting Toothman
Bob,
I'm only trading with IBFX so can't help you on that one. As to lot size and TP, I had a level one TP of $1.53 in AUD/NZD trading .05 compared to $3.35 for the EUR/JPY pair. That seems off to me but could just be the difference in the value of a pip between the pairs.
Yes that is the difference in the value of pairs. That is why I could get by trading .20 on the aud/nzd but get killed in other pairs. On a penny a pip x 60 profit Eur/jpy is .63 but the aud/nzd is .32 about half. gbp/usd iand eur/usd would be an even penny a pip or .60 on a 60 pip profit. Some of these currencies I am going to double the lots so the profits will be about even.
  • #89
  • Feb 3, 2009 8:43am Feb 3, 2009 8:43am
Quoting spynamax
hi folks...
this is my first day with this great EA...i put on 9 currencies and this is result!
but tonight i saw open and close only 1 order and until now no operation!!
how is possible????
Yeah it is a slow day. Price only enters 90 pips above or below the white line so if price doesnt hit the red or green line it will not enter a trade. Some currencies will only trade a couple times a week. My example in posts 51 and 53 showed GBP with only 8 trades all week. Actually to me this is good news. Traditionally during the first week of the month the big news story is on Friday so the currencies are somewhat quiet during the week and then the big bang of Friday. If that happens this week then maybe sanity has finally regained the markets and we can go back to our normal trading patterns and my EAs can trade quietly safely and peacefully again. I am running 18 currencies on one account and it only had 10 trades today. That is pretty slow.
  • #90
  • Feb 3, 2009 2:22pm Feb 3, 2009 2:22pm
Hi,

I started out with all 22 currency pairs, but I want to continue with less risk. I am now trying with 7 pairs that bob mentioned a few posts back. So far I have good profits and low DD. One pair, EURUSD, reached 3 levels, but it turned into profit later today, and the other ones have kept themselves on one level, until just recently, when USDCHF reached the second level.

I have a question about the rescue EAs. How do they work? Do they work with different time frames? Should I just replace the other EA with the rescue EA when it is needed?

When discussing the use of rescue EAs, I also wonder when I should take a loss, and when I should wait it out or take it to the next level? Entering is so much easier than making the right decisions on when to exit.

Regards

Archie


Quoting nanningbob
Yeah it is a slow day. Price only enters 90 pips above or below the white line so if price doesnt hit the red or green line it will not enter a trade. Some currencies will only trade a couple times a week. My example in posts 51 and 53 showed GBP with only 8 trades all week. Actually to me this is good news. Traditionally during the first week of the month the big news story is on Friday so the currencies are somewhat quiet during the week and then the big bang of Friday. If that happens this week then maybe sanity has finally regained the markets...
  • #91
  • Feb 3, 2009 3:17pm Feb 3, 2009 3:17pm
Bob,

Thank you for teaching me how to fish. Do you have a favorite charity? I'd like to make a contribution on your behalf.
  • #92
  • Feb 3, 2009 3:22pm Feb 3, 2009 3:22pm
I don't suppose anyone would be able to explain why the author of the article posted in SFOMAG (the link on the first page) chose those points to place his green and red triangles in Figure 1.

Just interested in extending my learning curve.

Andy
  • #93
  • Feb 3, 2009 6:52pm Feb 3, 2009 6:52pm
Hi Bob,

I just noticed that your EA is using MA 80 shifted 1. Why shifted? Is there any particular reason of doing so?

Thanks!

ps. I made my own EA based on your rules. So far its working very well. Thanks for sharing the system Bob! Appreciate it!
  • #94
  • Feb 3, 2009 7:03pm Feb 3, 2009 7:03pm
Quoting valasindo
Hi Bob,

I just noticed that your EA is using MA 80 shifted 1. Why shifted? Is there any particular reason of doing so?

Thanks!

ps. I made my own EA based on your rules. So far its working very well. Thanks for sharing the system Bob! Appreciate it!
what settings are you using?
Grabbing the bull by the horns!
  • #95
  • Feb 3, 2009 7:46pm Feb 3, 2009 7:46pm
Quoting nanningbob
I just noticed on some of my demos with other companies, other than IBFX, that some currencies are not even trading. Is anyone else, having this probelm??
yes. not working on any of my Demos. been trading manual up 700 pips so far since sunday.
  • #96
  • Feb 3, 2009 7:52pm Feb 3, 2009 7:52pm
Quoting mike5417
yes. not working on any of my Demos. been trading manual up 700 pips so far since sunday.
might explain the issue i had with my ECN broker demo... strange...

it worked live on my GO markets and IBFX 2 weeks ago...
Grabbing the bull by the horns!
  • #97
  • Feb 3, 2009 7:59pm Feb 3, 2009 7:59pm
I'm with IBFX and my demo account has taken trades on UADUSD, AUDJPY, USDCHF, CHF/JPY, EUR/USD, USD/CAD, GBP/USD, GBP/CHF.....so, I don't think there's a problem with the EAs
  • #98
  • Feb 3, 2009 8:04pm Feb 3, 2009 8:04pm
Quoting paradoxical
I'm with IBFX and my demo account has taken trades on UADUSD, AUDJPY, USDCHF, CHF/JPY, EUR/USD, USD/CAD, GBP/USD, GBP/CHF.....so, I don't think there's a problem with the EAs
I'll try IBFX see what happends.
  • #99
  • Feb 3, 2009 8:11pm Feb 3, 2009 8:11pm
Quoting whitegoodman
what settings are you using?
Settings? I don't use Bob's EA if that's what you mean.

When I looked at Bob's EA source, I noticed that the MA is shifted 1 point to the right. To reproduce this on MetaTrader, use the usual Moving Average 80, linear weighted, median price, and in the shift box enter 1.
  • #100
  • Feb 3, 2009 8:23pm Feb 3, 2009 8:23pm
[quote=mike5417;2513681]I'll try IBFX see what happends.[/quote working on IBFX,Just opened AUD/NZD short 1.2686
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