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Trading aud/nzd successfully

  • #1,561
  • Mar 10, 2009 8:16pm Mar 10, 2009 8:16pm
Quoting scalpz
Hi, Tjpld
I have this 30x20 ea running on demo also. I thought it wasnt meant to trade before the green lines, but mine has been - & profitably
Will try to attach a screen (1st time)
Maybe I have a setting wrong. I thought I just went defaults on the setup.
Does yours trade inside the green lines or wait to cross the set closest to the white MAs.
On the M5 chart/ea, I also expected mine to enter another buy (around 1.2795) when the price moved another 20 away/down from the last buy. Does the ea look every tick or does it wait for an M5 bar to...
The reason we have separate threads for the different EAs is they are different. The 30x20 is meant to have 2 charts, one with a buy EA on it and one with a sell EA. The EAs are always in the market and it has nothing to do with green red or white lines. The EA logic is If price is greater than the low buy and if price is lower than the high sell. So it is always in the market buying and selling at the same time. It looks like you only have the buy EA.
  • #1,562
  • Mar 10, 2009 9:05pm Mar 10, 2009 9:05pm
Hi Mr nanningbob,
Earlier I had the 35x20 loaded as a buy on 1 chart & sell on another.
But when this 30x20 came along I was under the impression it did both. I have it loaded on an M5 & 1H chart with its 2 different magic numbers. Seems to be buying, but they were mostly selling yesterday.
Hang on I'l just count them........
Yep 10 sells & 3 buys between the M5 & 1H 30x20 eas.

I had to remove the earlier 35x20 ea's as the sell version opened 2 sells on my main demo account when I happened to open the 35x20 profile (it leaked out, hahaha - so I "plugged the hole").

I have to do some working out on how to have the right boxes ticked to keep these controlled in their own demo accounts & have them stay off my main demo account & especially my live account.
I think whitegoodman had something similar happening.

I see there is a lot of work being done on your 60x90 ea thread.
Is there some place that lists most of your eas, as an index sort of thing. I know each has its thread, but this 1 is labled "trading aud/nzd successfully", and has 3 or 4 different eas so far from memory.

Great work you do, thanks so much for sharing. I am using these to learn about ea's & behaviour of different pairs & how markets change & & & - yea, just heaps - Bob thanks so much.
Cheers
Target 2 : Stoploss in the green
  • #1,563
  • Mar 10, 2009 11:15pm Mar 10, 2009 11:15pm
Quoting nanningbob
Hey guys and gals, just to let you know the usd/sgd seems to fit the same criteria as the aud/nzd. Gonna test it out this week .
Just wondering how the tests are going? what #'s are looking best for this pair?

thanks
M4X............ Hedging My Way To Profits!
  • #1,564
  • Mar 11, 2009 3:43am Mar 11, 2009 3:43am
Quoting scalpz
Hi Mr nanningbob,
Earlier I had the 35x20 loaded as a buy on 1 chart & sell on another.
But when this 30x20 came along I was under the impression it did both. I have it loaded on an M5 & 1H chart with its 2 different magic numbers. Seems to be buying, but they were mostly selling yesterday.
Hang on I'l just count them........
Yep 10 sells & 3 buys between the M5 & 1H 30x20 eas.

I had to remove the earlier 35x20 ea's as the sell version opened 2 sells on my main demo account when I happened to open the 35x20 profile (it leaked out, hahaha - so...
The EAs posted on this thread have nothing to do with TF. They work no matter what TF they are on, in other words they are not based on any indicator. When price is greater than the low it buys which is always. When price is lower than the high it sells which is always. So TF mean nothing with the EAs on this thread. The only difference in the EAs is whether they profit after 20 30 50 etc. and how far apart the reentries are. Which one you like based on your trading sylet. The 20 TP will make more trades but lower profit. The 50 TP have far fewer trades but make a bigger profit. It is all dependent on what you like. I prefer the 20 TP because of the quicker profits and they get out of trouble quicker. The 50 TP is for folks who like hanging onto trades longer and go for the bigger profits. That is the only difference between the different EAs. I like using the 20x50 because it has a bigger range than the others but it has fewer trades. So you need to decide which one you like best.
  • #1,565
  • Mar 11, 2009 3:48am Mar 11, 2009 3:48am
Quoting M4X
Just wondering how the tests are going? what #'s are looking best for this pair?

thanks
Here is my 20x50 over 1 month trading .10 lots starting with 3000 USD on a demo. It took 33 days to double the account. The first week I was running the 30x35 with it so you have that steep incline on .20 lots. I dropped it because I considered the DD to be too heavy. On 5-10,000 you could run 4 EAs on such numbers but not 3000.
Attached Image (click to enlarge)
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  • #1,566
  • Edited 5:00am Mar 11, 2009 4:30am | Edited 5:00am
Quoting nanningbob
Here is my 20x50 over 1 month trading .10 lots starting with 3000 USD on a demo. It took 33 days to double the account. The first week I was running the 30x35 with it so you have that steep incline on .20 lots. I dropped it because I considered the DD to be too heavy. On 5-10,000 you could run 4 EAs on such numbers but not 3000.
Which pair(s) are u trading ?

20x50 = tp20X50pips ?

How many levels are u using and what is the multiplication ?

What's ur SL ?

Thanks
  • #1,567
  • Mar 11, 2009 4:59am Mar 11, 2009 4:59am
Interest Rate Announcment today. Be careful all.
  • #1,568
  • Mar 11, 2009 5:01am Mar 11, 2009 5:01am
Quoting Verto
Interest Rate Announcment today. Be careful all.
Thnx. I'll ride it, getting lesser trade nowadays. Need news to farm some money.
  • #1,569
  • Mar 11, 2009 5:02am Mar 11, 2009 5:02am
Quoting forexisfx
Thnx. I'll ride it, getting lesser trade nowadays. Need news to farm some money.
Same. I'll be lowering my lot size some to reduce risk but I am leaving my EA running as well.
  • #1,570
  • Mar 11, 2009 5:21am Mar 11, 2009 5:21am
Quoting forexisfx
Thnx. I'll ride it, getting lesser trade nowadays. Need news to farm some money.
Same here. I traded through every news event.
Never got near my stoploss. If you turn your EA of before
every High Impact AUD or NZD News you will probably never get
in a trade. It's newtons law you need to push something that
isn't in motion yet to get it rolling.
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  • #1,571
  • Mar 11, 2009 5:59am Mar 11, 2009 5:59am
Hi Tjpld, instead of writing my own ea I have amended the 30 x 20 ea to work on MB trading.

I dont want upset bob by posting different ea's on his thread can you pm me with your email and I will send it to you.
  • #1,572
  • Mar 11, 2009 8:17am Mar 11, 2009 8:17am
Thanks. Just have to wait for a trade setup now.
I'm confident we will get one during the AUD and NZD News today.
  • #1,573
  • Mar 11, 2009 8:25am Mar 11, 2009 8:25am
Tjpld, may I ask which setting you are using? 30x20 5L 1H?

Thanks.
  • #1,574
  • Mar 11, 2009 8:44am Mar 11, 2009 8:44am
4 Levels H1. MM Feature set to trade 1 minilot per 1k account balance.
The maximum risk I would take. Don't set it any higher.

Wonder why no one (especially nanningbob) uses the MM Feature.
Just look how nice and exponential my balance curve is.
  • #1,575
  • Mar 11, 2009 8:57am Mar 11, 2009 8:57am
thanks Tjpld. So you set the Risk to 10 and Account Type 1?
  • #1,576
  • Mar 11, 2009 9:00am Mar 11, 2009 9:00am
If you trade a mini Account Risk would be 100.
After all levels are stopped out you would suffer 60% Drawdown.
  • #1,577
  • Mar 11, 2009 9:50am Mar 11, 2009 9:50am
Quoting Tjpld
4 Levels H1. MM Feature set to trade 1 minilot per 1k account balance.
The maximum risk I would take. Don't set it any higher.

Wonder why no one (especially nanningbob) uses the MM Feature.
Just look how nice and exponential my balance curve is.
And that's just the 30x20? Ok, obviously I'm really daft about something. I'm bagging nice live profits but nothing like this. Time to start a new demo.
  • #1,578
  • Mar 11, 2009 10:23am Mar 11, 2009 10:23am
Quoting Tradster
And that's just the 30x20? Ok, obviously I'm really daft about something. I'm bagging nice live profits but nothing like this. Time to start a new demo.
What do you mean with just? 30x20 is obviously the best range trading EA.
I'd never trade anything else than the AUD/NZD ,because AUD/NZD is the only pair which has the build-in Holy Grail because it behaves the way it does.That's the whole trick with the semi martingale range trading. If you try to trade EUR/JPY the only thing you will get is more risk. Also trading 25 pairs makes live way more complicated and is in fact riskier because those pairs do not range as much.
I really don't see the benefit of trading 60x90 on a million pairs at the same time.

Here is a daily chart. Red is my forward testing period during which no stoploss was hit. Blue is October last year where things got nasty. Fortunately thats not your average month. Everything before October is pretty much perfect Price Action. I doubt that you would have gotten a stop out during that period.
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  • #1,579
  • Mar 11, 2009 10:41am Mar 11, 2009 10:41am
Yeah.. it is interesting how this thread got really popular for a little bit then sort of just stopped getting new members. Tjpld and I both see the potentional profit i guess.. maybe everyone is just banking pips quietly? I doubt it... I use the MM feature as well but nowhere near as agressive as Tjpld hahaha.
  • #1,580
  • Mar 11, 2009 10:43am Mar 11, 2009 10:43am
[quote=Tjpld;2595696]What do you mean with just? 30x20 is obviously the best range trading EA.
I'd never trade anything else than the AUD/NZD ,because AUD/NZD is the only pair which has the build-in Holy Grail because it behaves the way it does.That's the whole trick with the semi martingale range trading. If you try to trade EUR/JPY the only thing you will get is more risk. Also trading 25 pairs makes live way more complicated and is in fact riskier because those pairs do not range as much.
I really don't see the benefit of trading 60x90 on a million pairs at the same time.

That was said with tongue in cheek so to speak. I've been making good coin with the 35x20 (paying the rent)and the other few that I trade just boost it a little bit. But yes, I agree that the 60x90 is nice but too much going on trying to be careful with red news all the time. The 100x200 enjoys a big range with good risk to profit ratio.but still not 100% sold on it.
I am however sold on the AUDNZD. Beautiful to wake up in the morning with no stress and seeing the profits accumulate.
i will demo the 30x20 and see the action it enjoys.
This is still my favorite thread.
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