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FX 1M Bounce system

  • #601
  • Mar 2, 2009 1:22pm Mar 2, 2009 1:22pm
Quoting tex
hello hello,

look @ screenshot. v106 took last trade (sell,0.5 lots) at 8:00 gmt+1 german timezone today in the morning. V104 took the last trade at 8:30 gmt+1 german timezone (sell,0.1 lots). V106 made +1 pip. V104 got me +45 pips - so everything is running fine for now, and the ea's are taking trades
just a thought - maybe there is problem with your datafeed provider ? can you try it on another demo account ?

i am running the v106 on 15m eurusd and the v104 on 30m eurusd. Broker is ActivTrades (England) I didn't close manually, its all...
Thanks for the words and encouraging performance.

Now also on my end!

FXDD:
v104 = 3 trades and up $30 (.1 =$1 lots)
v106 = 1 trade and up $3

Now in 3 v106 trades = $+20.50 and moving poz.

Sweet,

...and with thanks (from rainy N. California),

Ron
  • #602
  • Mar 2, 2009 7:29pm Mar 2, 2009 7:29pm
Monday: -11pip
  • #603
  • Mar 3, 2009 12:44am Mar 3, 2009 12:44am
Monday = -11 pip
Tuesday =+16 pip as of now.
  • #604
  • Mar 3, 2009 12:56am Mar 3, 2009 12:56am
Thanks for this. It looks great.
I love Forex.
  • #605
  • Mar 3, 2009 3:36am Mar 3, 2009 3:36am
guys, seems like V104 is making profit, thenI think it is worth for me to continue fine tune on it.

fine tune area: checking 1M ADX to ensure the entry point is more accurate.
trading time : 0~ 8
closing time: 11
  • #606
  • Mar 3, 2009 9:04am Mar 3, 2009 9:04am
Thanks Siobi, and everyone else for all the input!
  • #607
  • Mar 3, 2009 7:51pm Mar 3, 2009 7:51pm
I'm sick.... MC... sorry guys...
  • #608
  • Mar 4, 2009 11:23pm Mar 4, 2009 11:23pm
Quoting siobi
I'm sick.... MC... sorry guys...
Take care and speed recovery....
  • #609
  • Mar 5, 2009 5:10am Mar 5, 2009 5:10am
Monday = -11 pip
Tuesday =+16 pip
Wednesday = 0 pip
Thursday = 8 pip
  • #610
  • Mar 5, 2009 6:30am Mar 5, 2009 6:30am
hello siobi, hello guys,

today ive got some bad news. v106 hit the hard stop -100p twice. all the profit is gone. strange thing is, v106 took two similar trades in a short time between each other ,so the loss was doubled. look at screenshot (trades on 2009.03.04 at 11.15 and 12.00)

@ siobi, can you implement a hard stop loss that can be changed by parameter in the ea settings? i think that would be great.
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  • #611
  • Mar 5, 2009 7:57am Mar 5, 2009 7:57am
Quoting tex
hello siobi, hello guys,

today ive got some bad news. v106 hit the hard stop -100p twice. all the profit is gone. strange thing is, v106 took two similar trades in a short time between each other ,so the loss was doubled. look at screenshot (trades on 2009.03.04 at 11.15 and 12.00)

@ siobi, can you implement a hard stop loss that can be changed by parameter in the ea settings? i think that would be great.

Same thing happen to me Tex. 2, v106 trades -100 each.
  • #612
  • Mar 5, 2009 9:17am Mar 5, 2009 9:17am
Hi guys,
I do not have FULL test result from V106. I'm doing Full test on V104.

later will look into it....
  • #613
  • Edited 11:02am Mar 5, 2009 10:34am | Edited 11:02am
Hi all.

Yes, as the backtests verify, large stoploss will eventually kill profits if not account eventually. Same results here.

....We're getting closer I think though!

As a side note, please everyone also visit mtupper's super simple system thread which inspired me to manual trade the system according to the rules I shared on page 7 of that thread. Absolutely excellent results thus far, but be forewarned that I only go for 2 pips per trade - never thought that I could be so excited about a two pip trade, but they come so frequently and consistently, that I can't help it!... BUT... had I trailed the price on most trades, my results would have been AMAZINGLY SPECTACULAR - so as to try to simulate a very simple ea - that I think someone should code.


Hint. Hint!
  • #614
  • Mar 5, 2009 4:20pm Mar 5, 2009 4:20pm
dan, post the link...
  • #615
  • Edited 8:05pm Mar 5, 2009 7:40pm | Edited 8:05pm
Here it is guys:

http://www.forexfactory.com/showthread.php?t=118843

And I also mixed it with some aspects of this link:

http://www.forexfactory.com/showthread.php?t=94006

Now just have to find the best times to trade. Not all times are good, that's for sure.

Siobi you must be incredibly busy, but are you trading any specific template manually with very good results at the moment?

I find that whatever shorter term system I study adds to my understanding of priceaction and it's quirks. Some of those quirks we may capitalize on!!!
See a pattern you recognize, and pull the trigger. Didn't used to be that way. No substitute for good old fashioned screen time though.

...Still not ready for the stress of live yet though.
  • #616
  • Mar 5, 2009 8:50pm Mar 5, 2009 8:50pm
dan,

yes indeed I'm damn bz and just fall sick recently....

getting better today...

I'm now trade in live with tiny mini acct... with 0.1 lot...

I'm trading using V104 EA fully auto start from today...

FYI, scalping is heavily based on price action and big player..

Virus system is a good example...

trading in higher timeframe requires good indicator...

V104 is now trade on higher timeframe thus heavily depanding on indicator to make the move....

the link you posted is an interesting system.... can u summerised the indicators over there so I can save lots of my time...
  • #617
  • Mar 6, 2009 2:57am Mar 6, 2009 2:57am
Quoting siobi
dan,

yes indeed I'm damn bz and just fall sick recently....

getting better today...

I'm now trade in live with tiny mini acct... with 0.1 lot...

I'm trading using V104 EA fully auto start from today...

FYI, scalping is heavily based on price action and big player..

Virus system is a good example...

trading in higher timeframe requires good indicator...

V104 is now trade on higher timeframe thus heavily depanding on indicator to make the move....

the link you posted is an interesting system.... can u summerised the indicators over...
Hi Siobi.

It's 3:50 AM here in Florida, but am glad I woke up enough to reply real quick and take some screenshots - pictures speak thousand words.

Will post as full an explaination later so as to devote my full time and faculties, as trading in a profitable manner deserves nothing less.

....Not that I'm always trading profitably, but from my losses I usually learn more than from my wins.

PS: To better synchronize our waking hrs., you should move here to FL as maybe in a few more months you can buy a very nice house with pool and all for $10,000 US.

....Why am I laughing, ...I may lose mine very soon!!!
  • #618
  • Mar 6, 2009 8:33am Mar 6, 2009 8:33am
hello dan,

do you have pm activated ? - i sent you one today in the morning.

----------

siobi - whats your plan for the future ? do you improve v104 and let v106 die or will you improve both of them ?
  • #619
  • Mar 6, 2009 8:36am Mar 6, 2009 8:36am
Ok, was going to ramble on and on with maybe 6 or more different screenshots and have everyone's eyes roll up in their heads and nod off,......BUT:

notice sequence of events of my last trade (first trade this morning since last night) and everything should be illuminated my fellow future successful traders;

Oh, and like the trade below, let's all try to remember that even if one day we can have $billions - like every single Walton family member (18 billion a piece) - we should be happy with the few $millions that we have and help others less fortunate!

Edit: Hi Tex. Will check and activate my friend. ...Hey, I like the way that sounded: Will check and activate - trade activated!
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  • #620
  • Edited 9:01am Mar 6, 2009 8:43am | Edited 9:01am
Oh, man!!!!!!!!

I owe Hans, Jeff, and Tex apologies for not checking my pm's! Where's the popup that tells me "you've got pm's"? LOL

PS: For now please concentrate on the signals given by the template I'm going to post, rather than going for the 2 pip strategy I posted just a few posts ago. It works, but there needs to be "volume" - not really fx volume but your broker volume I guess. Anyway, that's only one facet of the system, and only considerable screen time will make that, and more apparent.

Will now concentrate on the "and more" part - more pips?,...yes pips!!!

I'm going to get my template and indicators together and post soon.
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