Nanningbob 60x90 EA

yeh as long as the different accounts are one sperate mt4 platforms...

for example i have 2 live accounts... i run on two different mt4's

i tryed to open them and it just pulls the instances i already had up
i'm running vista ultamate if that helps

when your in the setup you have to save it under different names silly....

It looks like the GBP/CHF would have TP'd trading on a 1M chart after a forth level trade at the end of last week. I think I remember Bob saying he hard wired these EA's so we won't be able to trade on a 1M chart will we? A 1M chart may be the way to go with the most volitile pairs. Will do some manual backtesting.

Here is a 1M one. I am messing with some 1M testing on a demo.

Well the strategy tester works in IBFX and doesn't in FXDD using the same ea's and exactly how I set them up in FXDD, so apparently FXDD is the problem.

Now another question... you guys are talking about changing the levels to get the best numbers. What exactly are you changing to test? Is it the H_Level number because nothing I change is working for me.

I have given up on FXDD. I have not been able to get their demo to work for 2 weeks now. Dont know what to say.

yea i know.. so where are you changing the numbers to look at different lines? i.e. instead of 90 pips away from the white, 120 etc.

llambert3, I am in the process of manually checking the charts on the various pairs. This can only be done by scrolling back and looking at the chart(s) and using a crosshair line to determine where your entries would have been, and from that entry point, then determining how many levels the pair would go before you got a 60 point retrace. It's not as simple as just seeing how far down, or up, a piar has gone, because it depends on your initial entry to determine if you would have gotten the retrace. There's no way you can backtest this other than manually, and this is not an exacting science. It's just a guestimate as to what the probable entries and retraces would have been. One reason is those green and red lines move a little along with the fluctuation of the moving average. The other is having to take spread into account. In some cases you would have gotten the trade even though the chart shows it was just close, and in other cases you wouldn't have gotten the trade even though the chart shows you did. So, what I'm doing is mainly for my own benefit, and if any of you want to change your entry from 90 PIPS to whatever, that of course would be your choice. As it is now, my unscientific check tells me I would do the following:
Move the line 170 PIPS away on the GBP/USD and use a 4 level EA
Move the line 160 PIPS away on the EUR/USD and use a 4 level EA
Move the line 105 PIPS away on the AUD/USD and use a 3 level EA
Leave the line at 90 on the AUD/JPY and use a 4 level EA
These are the pairs I've manually checked so far, and anyone can do the same thing and make their own entry decisions. All you do is go in and change the Moving Average settings to make the first line from center be at whatever distance you want to be away from center, and from therer scroll back and see where you would get entries.
My main purpose is to avoid going too deep and getting stopped. The theory is that if, for instance, my entry on the GBP is 170 PIPS from center, and yours is 90 PIPS from center, and it slowly declines 600 PIPS from center, my trade will not get stopped and yours would. Also, there's a tendency for a pair to pull back sooner the further away from center that the first trade is made.
Even at these seemingly high numbers, I'm seeing that there's still a very good chance of any of these pairs declining 400 plus PIPS before a retrace of 60 pips from the last entry point, and your initial lot size should be small enough so that your account doesn't lose a high percentage of your balance if you go beyond that 4th level.

thanks paradoxical.

Ok, I see now.. at the bottom of the ea code is where you can modify the 90 numbers.. then you can test it in the strategy tester... I put your 160 in on the level 3 for EU and it performed way better than the 90 did for january.

llambert, I don't even know how to perform that test you did, but it probably would save me a lot of time if I did. Below are two charts for anyone interested in the visual, or confused as to what I'm talking about. If you're stopped out at minus 500 pips, it's a real hurter, and you want to avoid it at all costs. This shows the difference between 90 and 170. I'd much rather have the fewer trades. Takes me zero time to enter them with these great EAs that nannigbob has made.

Here, I add this line in RED to whichever EA I want to test so I can just change the number.

extern string INFO="STOCH POWER EA";
extern string OWN="Copyright 2007, AZAM575&SYLARVAMPIRE&YUSOF786";
extern string sq="--STOCH SETTING--";
extern int iEntry = 160;
extern int K_Period = 14;

Then scroll down to the very bottom of the code and change the 90 number to the iEntry variable.

//---- lot setting and modifications
//Sell order

if( Bid > Var4+(iEntry*Point))
{
myOrderType=1;//SELL
}
//buy order
if( Bid < Var4-(iEntry * Point))
{
myOrderType=2;//BUY
}
return(myOrderType);
}

I did it from 12/1/2008 to now on EU 15m 3Level, 160 and it works great. The EUR/JPY 15m 4Level, 160 works too

well, changing that code makes the EA work better, but looking at the results it looks like that is just for the 1st order, then it goes 90 from each of those.

"Here, I add this line in RED to whichever EA I want to test so I can just change the number."
I wasn't aware you could do that, and have strategy tester take into account probable entry points and 60 pip retraces. As it is, I've been spending time doing it manually. I've never used strategy tester before, but I'll see if I can figure it out.
If you can do every pair with strategy tester and figure at what entry levels we'd avoid being stopped out at on the various pairs, that would be fantastic. It wouldn't matter to me if I only got one entry a WEEK on a pair. With an EA on several or more pairs, it would be like taking small chunks of money with limited the risk of losing a big chunk of money.

yep, sometimes the strategy tester doesn't do what we want, but mostly it is because the code is messed up or missing something, etc.. Or if you don't have enough smaller timeframe data then it may miss something.

This line determines entry after the 1st one
extern int Pips= 90; // Distance in Pips from one order to another

but if I change it to 160 on EJ it doesn't perform well, so keeping it at 90 after the 1st entry did pretty good. EJ 4L 15m using 160 for the 1st entry works really well except for october, which we know the big moves october produced...

anybody know how the green and red lines are drawn? I don't see it in the EA and it isn't an indicator.. some kind of math it seems that is saved in the template.

Thanks Bob,
I'm going to run the EUR/JPY,GBP/JPY, and the GBP/CHF on the 1M chart this week. Will report at end of the week.

Click on "Indicators" and you'll see "moving Average". Double click the first Moving Average you see, and go to "Levels". In that box, you'll see 90, 180, and 270. These represent the distance from center of each of those lines. You can change them to whatever you want, and if you do, the distance you change it to will be reflected on the chart.

well smack my face and call me dummy.. Thanks!!!

Will this trade like a 4L EA if I change max. trades to 4?