Nanningbob 60x90 EA | Page 43 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

NanningBob's 4H Sellhigh BUYLOW 158 replies

Help regarding NanningBob EA 27 replies

Nanningbob 4H trading system 2,017 replies

Indicator needed for Nanningbob strategy 2 replies

Help to improve profitable EA - 1H NanningBob 40MA 200 BB 10 replies

Attachments: Nanningbob 60x90 EA
Exit Attachments

Nanningbob 60x90 EA

  • #841
  • Feb 28, 2009 6:46pm Feb 28, 2009 6:46pm
Quoting jthomas71
Wow, impressive. i noticed your tp's range from 40 to 60 pips. How do you decide which to input?
hello

i'm using 60x90 for EURCHF, USDCAD, EURGBP, and EURCAD.

for all other pairs in the attachment i'm using 40x60.

i'm still deciding how many levels to use although i might end up going with 5-7.

yes last week was a great week but we shall see how my settings do in the future. i chose these pairs as they seem to be the most range-bound. also the 5 min chart offers the most retracements from what i noticed anyway. if you have any suggestions as to how i might improve my settings please let me know!

cheers
change the future, not the past
  • #842
  • Feb 28, 2009 9:24pm Feb 28, 2009 9:24pm
first off daddy I'm not saying I don't believe in this method. I love this method daddy.
but it seems like some of you are forward trading a week or two. with unrealistic settings and now you want to go live.
oh daddy this is very dangerous. if you are able to double your account in 1-2 weeks your setting are not good for long road. and that’s any trading style. because if daddy can win it, then daddy can lose it.
and nobody wants to be a loser do they daddy.
I fear daddy that some of you don't completely understand margin and hedging. that's a dangerous place to be in with this trading style daddy.
because when the call comes there goes a good percentage of your account. and daddy that's painful.

my recommendations for those that can't hold back and have to go live.

(1) have multiple accounts IBFX gives you three to start

this is help full because you can set up account #1 to be very conservative keep the risk out of that account, account #2 this one can be semi risky but don’t over kill. and #3 that can if you want it to be your unlocked account that you’re going for the gusto every week.
if you like this you need to see it a certain way daddy.

(2) learn how to manage these accounts (write it down daddy)

account #1 is just a feeder account it feeds down hill to #2&3 in that order.
account #2 is your money account it makes money just a bit faster than #1
account #3 this is your experimental account only use this in short controlled stretches like only one week. after you have ran your experimental week with draw your winnings and place it in account #1 that way you have a lower risk area that you can hold it. and if you find a winning set up repeat but always move your money out and just have starting amounts in #3

(3) moving money

account #1 you want to move money frequently to account #2&3 but how much I recommend about 1/2 of winning since you have moved money in that account
same basically for #2 except you want to keep #1&2 close to level unless you have a major loss happen. in # 3 you set a base amount and perform your aggressive strategies with it.

if how ever you may now want to much aggressive trading in account #3 that build your account differently than the others.

(4) keep all accounts trading methods different for each account!

Just an idea daddy
the markets moving, time to get in!
  • #843
  • Feb 28, 2009 9:25pm Feb 28, 2009 9:25pm
Ok, I am looking at some sample trades and trying to understand what is happening here Opened a Buy at 1.38876 at level 3 for .9 mini lot size Closed the order at 1.34068 It wasn't a Friday and the S/L is at 500 pips.... so why would this order close? It lost $434.55 I am just trying to make sure nothing is messed up with any settings since I am getting this to work on an ECN
  • #844
  • Feb 28, 2009 9:36pm Feb 28, 2009 9:36pm
Quoting coach3131
Ok, I am looking at some sample trades and trying to understand what is happening here Opened a Buy at 1.38876 at level 3 for .9 mini lot size Closed the order at 1.34068 It wasn't a Friday and the S/L is at 500 pips.... so why would this order close? It lost $434.55 I am just trying to make sure nothing is messed up with any settings since I am getting this to work on an ECN
OK daddy in an ECN that's "real market" so they tell us. real market has problems with SL the main problem is you can have a moment were nobody is buying or selling near the bid or ask . and with that moment it will spike to your position hitting your SL because it is the closest order. if we rework this for ECN we need to address this issue. we need to hide the SL. from the market for ECN.
the markets moving, time to get in!
  • #845
  • Feb 28, 2009 9:49pm Feb 28, 2009 9:49pm
It would do this in the strategy tester?

so it closed out at 480.8 pips away instead of 500?

And the prices don't seem to match the chart either... does this have to do with some time setting somewhere?

I saw somewhere where there is code that can inputted to hide sl and tp... and I will work to put that in, but I need to make sure what I have is working properly first :-)


8 2009.01.04 21:10 buy 4 0.90 1.38876 0.00000 0.00000 0.00 10005.94

9 2009.01.04 21:10 modify 4 0.90 1.38876 1.33876 1.39476 0.00 10005.94


11 2009.01.06 05:01 close 4 0.90 1.34060 1.33876 1.39476 -434.55 9521.27
Attached Image (click to enlarge)
Click to Enlarge Name: tradechart.gif Size: 20 KB
  • #846
  • Feb 28, 2009 9:54pm Feb 28, 2009 9:54pm
Very good Account Management advise for this kind of strategy.

TimeFreedom

Quoting dmjservices
first off daddy I'm not saying I don't believe in this method. I love this method daddy.
but it seems like some of you are forward trading a week or two. with unrealistic settings and now you want to go live.
oh daddy this is very dangerous. if you are able to double your account in 1-2 weeks your setting are not good for long road. and that’s any trading style. because if daddy can win it, then daddy can lose it.
and nobody wants to be a loser do they daddy.
I fear daddy that some of you don't completely understand margin and hedging. that's...
  • #847
  • Feb 28, 2009 9:57pm Feb 28, 2009 9:57pm
I want to input the function that checks the digits and multiplies by 10 if it is 5 digit for the indicators in the template.... where do I edit that?
  • #848
  • Feb 28, 2009 10:32pm Feb 28, 2009 10:32pm
Quoting coach3131
It would do this in the strategy tester?

so it closed out at 480.8 pips away instead of 500?

And the prices don't seem to match the chart either... does this have to do with some time setting somewhere?

I saw somewhere where there is code that can inputted to hide sl and tp... and I will work to put that in, but I need to make sure what I have is working properly first :-)


8...
Question daddy what is your first level price action? is it .1?
if it is .9 than it looks like it entered at 1.38876 ish and that would be close to level 1. from there it looked like it ran off the map. and you SL was 500 and it closed 480.8 pips what is the account size? did it margin call?

was there any other trades? in this set up there needs to be more trades than just one.
what are those numbers?
the markets moving, time to get in!
  • #849
  • Feb 28, 2009 10:59pm Feb 28, 2009 10:59pm
.1 is my level 1, .3 level 2, and .9 level 3

stop loss = 500
take profit = 60
no trailing stop

can't attach htm files so I took a screen shot of some trades
Attached Image (click to enlarge)
Click to Enlarge Name: trades.GIF Size: 38 KB
  • #850
  • Feb 28, 2009 11:15pm Feb 28, 2009 11:15pm
Quoting coach3131
.1 is my level 1, .3 level 2, and .9 level 3

stop loss = 500
take profit = 60
no trailing stop

can't attach htm files so I took a screen shot of some trades
ok it looks like #10,11 & 12 worked fine
i can see by the loss of the first level -50.12. SL with a .10 price per pip that would make your SL hit about 500 the other 3 trades closed not far behind it there was minor slippage but not much. it looks like its working for the most part. can you release a copy i'm sure many are willing to start testing it.
the markets moving, time to get in!
  • #851
  • Edited 11:41pm Feb 28, 2009 11:25pm | Edited 11:41pm
Yes, I will be able to put an ECN version up but since I am testing some things, I will just need to put a clean version up.... shouldn't take long to do... I have a code block for hiding tp and sl, but it seemed to be acting weird... seeing if it is correct and then will post the ECN version with hidden tp and sl

I only have the 3 level, 1 hour EA corrected.... was going to see what the difficulties were in combining the EAs... have a levels variable and a true/false recovery EA variable... I don't know if there are differences in code between the time periods and if so then I need a function for that.... my programming experience is more VBA and I have little Forex experience so I am combating syntax and Forex logic issues

Do you know how I can edit the modifiers in the template? I want it to use the same logic I am using to tell it that I have a 5 digit broker....

I am willing to do the work, but will need a little guidance from those more experienced with Forex and Metatrader
==================================================
Edit: picture added.... http://www.forexfactory.com/showthread.php?t=151356 where the hidden tp and sl code is at
Attached Image (click to enlarge)
Click to Enlarge Name: trades2.JPG Size: 77 KB
  • #852
  • Mar 1, 2009 5:30am Mar 1, 2009 5:30am
Quoting coach3131
Yes, I will be able to put an ECN version up but since I am testing some things, I will just need to put a clean version up.......
boy would I be interested in a hidden TP and SL. Not so much the SL because that is so far away and I usually deal with that before it ever gets that deep but the TP would be nice. However, I assume that is kept in the code and is not put on the brokers server. So the program closes the trade instead of the broker when TP is hit. My question then is this. Is it still possible to put a different TP on the brokers sight like 200 TP but have the program do a differnt TP like 70. Do you think this will help solve the widening of the spread as price approaches the TP line since their program will read a 200 TP? In other words we are going to try to fool their program?
  • #853
  • Mar 1, 2009 6:03am Mar 1, 2009 6:03am
Boy do I like where this thread is heading. Daddy, underestimated you..................Mommy
  • #854
  • Mar 1, 2009 6:14am Mar 1, 2009 6:14am
Quoting nanningbob
boy would I be interested in a hidden TP and SL. Not so much the SL because that is so far away and I usually deal with that before it ever gets that deep but the TP would be nice. However, I assume that is kept in the code and is not put on the brokers server. So the program closes the trade instead of the broker when TP is hit. My question then is this. Is it still possible to put a different TP on the brokers sight like 200 TP but have the program do a differnt TP like 70. Do you think this will help solve the widening of the spread as price...
yeh ive seen EA's that do this...

they put a fake TP that the brokers see and you have the real hidden TP in the code...
Grabbing the bull by the horns!
  • #855
  • Mar 1, 2009 6:49am Mar 1, 2009 6:49am
Quoting nanningbob
boy would I be interested in a hidden TP and SL. Not so much the SL because that is so far away and I usually deal with that before it ever gets that deep but the TP would be nice. However, I assume that is kept in the code and is not put on the brokers server. So the program closes the trade instead of the broker when TP is hit. My question then is this. Is it still possible to put a different TP on the brokers sight like 200 TP but have the program do a differnt TP like 70. Do you think this will help solve the widening of the spread as price...
Bob,
Do you think EA in post 840 would help us? The thing is, even if SL and TP are hidden, computer will take note of where our actual TP was this time and widen spreads in that area next time. It would see our pattern so we would constantly have to be moving our real TP point around.
  • #856
  • Mar 1, 2009 6:58am Mar 1, 2009 6:58am
Quoting coach3131
Yes, I will be able to put an ECN version up but since I am testing some things, I will just need to put a clean version up.......
Coach,
Trading the EUR/USD on a 1H chart would be way too aggressive for me. Bob recommended a 15M chart for that pair .I use the 5M chart for that pair which is even less aggressive.
  • #857
  • Mar 1, 2009 9:33am Mar 1, 2009 9:33am
Quoting nanningbob
My question then is this. Is it still possible to put a different TP on the brokers sight like 200 TP but have the program do a differnt TP like 70.
Bob, you want this? if you do, I can code it into the EA.

I never know broker can twist their cheats in each individual accounts, although this has been mentioned by many ppl including you.

let me know your specs, it is just 20 minutes coding, i guess.
  • #858
  • Mar 1, 2009 3:10pm Mar 1, 2009 3:10pm
Quoting charvo
Bob, you want this? if you do, I can code it into the EA.

I never know broker can twist their cheats in each individual accounts, although this has been mentioned by many ppl including you.

let me know your specs, it is just 20 minutes coding, i guess.

I have a couple of ideas for adding to the EA's instead of having it work on price action have it follow spread instead.
I’m talking about in retraction. like the aud/nzd when it’s retracing for daddy have it watch the distance from spread to where we take profit. Instead of from price to price. That way we get a solid amount of pips. Oh by the way the dealers are not necessarily cheating. They are just opening the box more and more to the open market. And the open market is not as steady as the deal desk. And the market can be the one that spikes your SL because your SL is the closest open action and to somebody else its become their spread. And they just bought it for daddy.
to bad daddy didnt want to sell.
the markets moving, time to get in!
  • #859
  • Mar 1, 2009 3:14pm Mar 1, 2009 3:14pm
I was just testing it out. I am more learning with exploration... I was able to get the hidden tp and hidden sl entered

My question is how can I edit the indicators within a template... I am trying to make this into one EA and then I will post that on the forum...

so I want it to do a lookup of the time period on the chart and call the right template in there.... but I also want to learn how to edit the indicators to edit the level distances (and check the # of digits)

I will have a little time tonight to work on it but if not, will put in some time on Wednesday
  • #860
  • Mar 1, 2009 3:32pm Mar 1, 2009 3:32pm
ok what i do is right click the chart with the indicator on it then go into indicators list and then click edit.
the markets moving, time to get in!
8 traders viewing now