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Nanningbob 60x90 EA

  • #1,121
  • Mar 10, 2009 10:49pm Mar 10, 2009 10:49pm
Quoting charvo
more than 200% in 3 days? what the heck?

I only earned 8$ this week so far, i sxxk.

how did you realise that? by using 0.1 lot as 1st level? Teach me, please.

However, CX007, I have been asked myself many times, if one could double his/her money every week consistently. If one does, then bill gates or buffet is no longer a thing.

i do know ppl who double every month......
i would not recommend his settings. his draw down is going to kill his account. at those settings
the markets moving, time to get in!
  • #1,122
  • Mar 10, 2009 11:31pm Mar 10, 2009 11:31pm
I am thinking the 400 pip stop loss on the 100/200 ea is too tight. I have already had 3 pairs stop out. It is also performing significantly worse then the 60/90 ea. Since the beginning of the week, the 60/90 has had no stop losses and it is hovering around break even while the 100/200 is in heavy drawdown right now.
  • #1,123
  • Mar 10, 2009 11:49pm Mar 10, 2009 11:49pm
Quoting toyoproxo
I am thinking the 400 pip stop loss on the 100/200 ea is too tight. I have already had 3 pairs stop out. It is also performing significantly worse then the 60/90 ea. Since the beginning of the week, the 60/90 has had no stop losses and it is hovering around break even while the 100/200 is in heavy drawdown right now.
TP of 100 may not be advisable for all pairs. It may suite JPY pairs. We are likely to miss out on retraces as there are only 3 to 4 entries in the whole range.

Somewhere we have find optimum balance for right TP and the range provided by the EA.
My idea is that, we will have to move further away from the centre and provide more entries in the given range so that we will get an entry as close to the peak as possible, which could only be provided by lower multiplication!.
"Put all your efforts in becoming effortless"
  • #1,124
  • Mar 10, 2009 11:52pm Mar 10, 2009 11:52pm
Quoting 137
does anyone know of a good broker who offers nano lots (1cent/pip) besides InterbankFX?? the difference between a micro lot and a nano lot is 10X and i don't have $10,000 to start a live account. please help if you can...
My problem too. Let me know if you come across one. There is FXOpen and LiteForex but, may not be advisable for more than $100 or so.
"Put all your efforts in becoming effortless"
  • #1,125
  • Mar 11, 2009 12:11am Mar 11, 2009 12:11am
Quoting IamTHAT
My problem too. Let me know if you come across one. There is FXOpen and LiteForex but, may not be advisable for more than $100 or so.
alright, let's work together on this!
change the future, not the past
  • #1,126
  • Edited 2:24am Mar 11, 2009 2:12am | Edited 2:24am
I found the following, anyone has similar experience or ways to avoid it.

when multiple orders are open, when I close one with profit, the other orders (of the same currency) also closed automatically. This happens also when its target price is reached, eventhough the other one target not reached.

It is only IBFx or due to magic number? if it is the magic number, then should magic number be changed for multiple order? otherwise, it means closing the first retracement order, mt4 close all at the same time :O
  • #1,127
  • Mar 11, 2009 2:20am Mar 11, 2009 2:20am
Quoting whatchee
I found the following, anyone has similar experience or ways to avoid it.

when multiple orders are open, when I close one with profit, the other orders also closed automatically. This happens also when its target price is reached, eventhough the other one target not reached.

It is only IBFx or due to magic number? if it is the magic number, then should magic number be changed for multiple order? otherwise, it means closing the first retracement order, mt4 close all at the same time :O
What do you mean by others.. others from the same pair? The EA is designed to close down all orders will one hits take profit. That is why you closing one closes all the rest from the same cycle.
  • #1,128
  • Mar 11, 2009 2:28am Mar 11, 2009 2:28am
Quoting Verto
What do you mean by others.. others from the same pair? The EA is designed to close down all orders will one hits take profit. That is why you closing one closes all the rest from the same cycle.
I mean open orders of the same currency pair.

I do manual close of one order in profit (with another one in loss), both closed.

when first order (in profit) reached target price, another order ( in loss) closed together at the same time.
  • #1,129
  • Mar 11, 2009 2:51am Mar 11, 2009 2:51am
Quoting whatchee
I mean open orders of the same currency pair.

I do manual close of one order in profit (with another one in loss), both closed.

when first order (in profit) reached target price, another order ( in loss) closed together at the same time.
Exactly. Like i said.. when one trade in the pair is closed the system closes them all. You really shouldn't be manual closing trades unless it is to avoid a deep leveled trade from a major loss.
  • #1,130
  • Edited 3:49am Mar 11, 2009 2:56am | Edited 3:49am
Quoting Verto
Exactly. Like i said.. when one trade in the pair is closed the system closes them all. You really shouldn't be manual closing trades unless it is to avoid a deep leveled trade from a major loss.

What do you mean by system? mt4 or EA?

it is mt4 close both orders, not the EA

I think it is the magic number, when I open 2 orders manually, I can close one by one manually.

OK, after looking into EA logic, it used magic number to check any open order of this currency pair already opened, so to determine next order when next level reached.
  • #1,131
  • Mar 11, 2009 4:03am Mar 11, 2009 4:03am
Quoting whatchee
What do you mean by system? mt4 or EA?

it is mt4 close both orders, not the EA

I think it is the magic number, when I open 2 orders manually, I can close one by one manually.

OK, after looking into EA logic, it used magic number to check any open order of this currency pair already opened, so to determine next order when next level reached.
Why would MT4 close or open orders, it is just a platform? You must input the trades parameters. You can do this manually or by an EA. So the trades done manually are controlled by you manually and trades done by the EA are controlled by the EA. You seem to be confused by multilevel trading. The purpose of the EA is to close when a certain profit is made. When it hits the TP line it closes all orders. If you manually close the trade the EA will close all the orders. If you wish to control the trades manually then you must turn the EA off. As soon as you turn it on it will take over and manage the trades that have the same magic number as the EA. I hope this clarifies your questions.
  • #1,132
  • Mar 11, 2009 4:10am Mar 11, 2009 4:10am
Quoting whatchee
What do you mean by system? mt4 or EA?

it is mt4 close both orders, not the EA

I think it is the magic number, when I open 2 orders manually, I can close one by one manually.

OK, after looking into EA logic, it used magic number to check any open order of this currency pair already opened, so to determine next order when next level reached.
Post 1... read the pdf in full.. then read all posts till now...
Grabbing the bull by the horns!
  • #1,133
  • Mar 11, 2009 4:20am Mar 11, 2009 4:20am
Quoting whatchee
What do you mean by system? mt4 or EA?

it is mt4 close both orders, not the EA

I think it is the magic number, when I open 2 orders manually, I can close one by one manually.

OK, after looking into EA logic, it used magic number to check any open order of this currency pair already opened, so to determine next order when next level reached.
I think your machine is going to take over soon. Your EA cannot control anything !
  • #1,134
  • Mar 11, 2009 5:26am Mar 11, 2009 5:26am
Quoting toyoproxo
I am thinking the 400 pip stop loss on the 100/200 ea is too tight. I have already had 3 pairs stop out. It is also performing significantly worse then the 60/90 ea. Since the beginning of the week, the 60/90 has had no stop losses and it is hovering around break even while the 100/200 is in heavy drawdown right now.
My 100/200 is at breakeven right now for this week, But I didn't turn it on until Monday 10:00 am est. Maybe I just got lucky with the timing. I had one sl on the gbp/nzd. Consider the $650 you would have made last week and average it into this week. I don't think you'll necessarily do well every week, but with a smaller ratio of account size to lot size your profit margin should be higher than 3 or 4 level. To detractors who say 100 pips is too wide, every single pair in my basket retraced last week, except for the USD/SGD which never even opened a trade.
  • #1,135
  • Mar 11, 2009 5:29am Mar 11, 2009 5:29am
Here are some tests results asked for by various people. Sorry I haven't had the time yet to run everything. Day job intervening too much lately.

Hope the file titles make sense. A couple are non-martingale ie. 1,1,1,1 and are profitable believe it or not. All tests are 1y using 1 minute bars. I checked a couple with ticks and they're consistent.

Some promising combinations here.

Knoxy
Attached File(s)
File Type: zip various.zip   116 KB | 456 downloads
Aspice, officio fungeris sine spe honoris amplioris
  • #1,136
  • Mar 11, 2009 5:58am Mar 11, 2009 5:58am
Quoting jthomas71
My 100/200 is at breakeven right now for this week, But I didn't turn it on until Monday 10:00 am est....
Thanks for the update. I will do the same when I get off work in 3 hours as it is running on my home computer. I started mine a little earlier than you at 2:30 am EST on Monday morning.
  • #1,137
  • Mar 11, 2009 6:08am Mar 11, 2009 6:08am
Hi Spook,

Have applied your ECN 60x90 to my MBT's MT4 but it looks like your EA is for 4 digits, not for 5 digits.

Since MBT's MT4 is 5 digits, can you upload a 5 digits version?

Also the lot size for MBT is 0.1 but your EA is still 0.01 and since you have locked your EA I cannot modify the lot size from within the code and that is not convenient. Can you unlock your EA?

Finally, ECN MT4 like MBT's MT4 does not allow SL and TP sent with orders, if instant orders. Does yours send orders with or without SL and TP?

If without SL and TP, how would you accomodate SL and TP? Does your EA do this, after instant order without has been sent?

Thanks for your help. RS

Quoting Spook
I have attached the three level ECN version of the EA for everyone who needs
it.
  • #1,138
  • Mar 11, 2009 6:16am Mar 11, 2009 6:16am
who used this EA for last 1 month?
can share statement?
  • #1,139
  • Mar 11, 2009 6:16am Mar 11, 2009 6:16am
Quoting Knoxy
Here are some tests results asked for by various people. Sorry I haven't had the time yet to run everything. Day job intervening too much lately.

Hope the file titles make sense. A couple are non-martingale ie. 1,1,1,1 and are profitable believe it or not. All tests are 1y using 1 minute bars. I checked a couple with ticks and they're consistent.

Some promising combinations here.

Knoxy
Thanks SOOOO much for doing the 2 I gave you. I was hoping that is what it looked like. What is the eurcad 30_1111 mean? I'd like to run that one. *edit I see you mean non-martinagale, but what is the 30? the ma or instead of 90 away, 30?
  • #1,140
  • Mar 11, 2009 7:20am Mar 11, 2009 7:20am
I have been testing since 02.02.09, but since IBFx consolidates trade results every week, what is the point of that , you won't get a good sense of what the EA does.

TimeFreedom

Quoting jimo
who used this EA for last 1 month?
can share statement?
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