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Nanningbob 60x90 EA

  • #1,181
  • Mar 12, 2009 6:18am Mar 12, 2009 6:18am
Quoting jthomas71
My live 2 level 100/200 400 sl ea is up $200 atm with $92.00 drawdown....
Jt,
I use a close all script that closes everything pretty much at the same price. It's posted somewhere in this thread I think. Gaps on weekend can stop you out plus it screws up the EA by not placing new orders at the correct price. I try to start getting out of trades as early as thur am each week.
  • #1,182
  • Mar 12, 2009 6:28am Mar 12, 2009 6:28am
Quoting ThePipmaster
I have noticed that on this ea when you want to change the ma or the time frame that you have to go and change the code....this EA already has it built in so you can just change MA as well as adjust the buffer in the settings. Also It will adjust for the time frame of the chart you put it on....I find it a lot easier to use this than to have a different ea for each time frame and also it makes life so much easier to change the buffer instead of going into the code and changing the distance from the MA that the EA trades at. Here is the link where...
Hey Pip,
I'm using your version of the EA on some pairs and I noticed it is opening buy trades 20-30 pips up off the buffer line. Sell trades are pretty much on the line so no problem with them. Can you modify EA so buy trades are initiated on the buffer line or very close to it ? Thank you.
  • #1,183
  • Mar 12, 2009 6:42am Mar 12, 2009 6:42am
Quoting jthomas71
My live 2 level 100/200 400 sl ea is up $200 atm with $92.00 drawdown....

Are you using .10 or .05 lots on your live account? I personally am using all 23 pairs at .05 lot on a $2,000 demo account. I will update my results when I get home. I also posted my ea that I use to close all open positions. Just throw it on any chart and it closes down all positions.
Attached File(s)
File Type: ex4 Close all open positions.ex4   2 KB | 299 downloads
  • #1,184
  • Mar 12, 2009 6:47am Mar 12, 2009 6:47am
Quoting toyoproxo
Are you using .10 or .05 lots on your live account? I personally am using all 23 pairs at .05 lot on a $2,000 demo account. I will update my results when I get home. I also posted my ea that I use to close all open positions. Just throw it on any chart and it closes down all positions.
I'm using dimes in a $1500 account right now, but I'm going to let it grow to $2000 before I pull any profit out. I understand the closeall, I've used it before. My main question is how do I keep an ea protecting a trade without that pair reopening again. Can this be done automatically or do I just have to check my account history every so often and shut off ea's accordingly.
  • #1,185
  • Mar 12, 2009 7:00am Mar 12, 2009 7:00am
Quoting jthomas71
I'm using dimes in a $1500 account right now, but I'm going to let it grow to $2000 before I pull any profit out. I understand the closeall, I've used it before. My main question is how do I keep an ea protecting a trade without that pair reopening again. Can this be done automatically or do I just have to check my account history every so often and shut off ea's accordingly.

You definitely do not want to hold any open positions over the weekend. What I do is close all open positions on Friday before the market closes. Turn off the expert advisors before doing this. I then start the ea around 8 hours or so after the markets open on Sunday so that all gaps are settled. Hope this helps. Also, on the avatar, which one did you like... the fat guy or the girl, I assume you meant the girl.
  • #1,186
  • Edited 7:15am Mar 12, 2009 7:03am | Edited 7:15am
Okay, can i just set trade friday to false in the ea? Is that Friday gmt or opening of the Asian sessions? What about setting trade Asian session to false but only on Thursday evening (Friday in Australia). I don't want any trades executed after Thursday 4 p.m. est. Any thoughts on this strategy? Am I waiting too long to stop trading? The Achilles heel of this 100/200 is you usually have about $80 to $100 in drawdown on the board at any given time, so reducing dd by Friday at 4 is important.
  • #1,187
  • Mar 12, 2009 7:21am Mar 12, 2009 7:21am
Quoting jthomas71
Okay, can i just set trade friday to false in the ea? Is that Friday gmt or opening of the Asian sessions? What about setting trade Asian session to false but only on Thursday evening (Friday in Australia). I don't want any trades executed after Thursday 4 p.m. est. Any thoughts on this strategy? Am I waiting too long to stop trading? The Achilles heel of this 100/200 is you usually have about $80 to $100 in drawdown on the board at any given time, so reducing dd by Friday at 4 is important.

I do not change any of those settings myself. I simply close all trades a couple hours before the market closes whether or not they are in drawdown.. I simply turn each ea off, then open another chart and put the close all on it. I do not know whether changing the times on the ea is beneficial or not.
  • #1,188
  • Mar 12, 2009 7:24am Mar 12, 2009 7:24am
You don't have to open another chart to run the close all trades script.

TimeFreedom

Quoting toyoproxo
I do not change any of those settings myself. I simply close all trades a couple hours before the market closes whether or not they are in drawdown.. I simply turn each ea off, then open another chart and put the close all on it. I do not know whether changing the times on the ea is beneficial or not.
  • #1,189
  • Mar 12, 2009 7:27am Mar 12, 2009 7:27am
If you have closeall in your scripts, just turn of the main ea button and then click on closeall. It doesn't require opening another charts. This should save you a little time. Thanks for the advice so far, and following along with my system. May we both profit immensely.
  • #1,190
  • Mar 12, 2009 7:29am Mar 12, 2009 7:29am
Quoting TimeFreedom
You don't have to open another chart to run the close all trades script.

TimeFreedom

That is true, but what I posted is an ea, not a script, that does require to be put on a chart.
  • #1,191
  • Mar 12, 2009 7:51am Mar 12, 2009 7:51am
Quoting toyoproxo
That is true, but what I posted is an ea, not a script, that does require to be put on a chart.


Here's a script version of CloseAll. Put it in the script folder. Just turn the EA off, then double click it and check 'Allow Live Trading'. That will close all open entries.

Of course, you could manually turn off the EA on any open charts. So if you wanted to let some open trades play out you could leave them running. Just a thought.
Attached File(s)
File Type: mq4 CloseAll.mq4   6 KB | 342 downloads
  • #1,192
  • Mar 12, 2009 7:54am Mar 12, 2009 7:54am
Quoting newera
Here's a script version of CloseAll. Put it in the script folder. Just turn the EA off, then double click it and check 'Allow Live Trading'. That will close all open entries.

Of course, you could manually turn off the EA on any open charts. So if you wanted to let some open trades play out you could leave them running. Just a thought.

Thanks, I will try it out.
  • #1,193
  • Mar 12, 2009 8:19am Mar 12, 2009 8:19am
It seems that something has happened to the Swiss currency. this must have cleared out allot of accounts i have never seen the amount of pips that Swiss has lost approx 350 pip in 15 mins. Does anybody know why?
  • #1,194
  • Mar 12, 2009 8:23am Mar 12, 2009 8:23am
All

any idea whats hapened to EURCHF, plus other CHF pairs, severely testing my 60x90 ata the moment, cant see any news due.

Tony
Attached Image (click to enlarge)
Click to Enlarge Name: eurchf.jpg Size: 52 KB
  • #1,195
  • Mar 12, 2009 8:24am Mar 12, 2009 8:24am
too bad we didn't see it coming

http://www.forexfactory.com/news.php?do=news&id=157698
  • #1,196
  • Mar 12, 2009 8:29am Mar 12, 2009 8:29am
gbpchf is either going to kill you or make a big number now...
  • #1,197
  • Mar 12, 2009 8:39am Mar 12, 2009 8:39am
Hi

Does anyone expect a retracement after these massive moves on the swissie pairs, is it worth switching 60x90 on?

not sure what this news means short term


Sorry for newbie type question, hope someone can enlighten me

Tony
  • #1,198
  • Mar 12, 2009 8:46am Mar 12, 2009 8:46am
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
Quoting guitarxx
Hi

Does anyone expect a retracement after these massive moves on the swissie pairs, is it worth switching 60x90 on?

not sure what this news means short term


Sorry for newbie type question, hope someone can enlighten me

Tony
If we would be able to predict the future price movements we all would be fantastrillionars
  • #1,199
  • Mar 12, 2009 8:50am Mar 12, 2009 8:50am
Yes, I am expecting a retracement on USDCHF and then it will take off again to 1.2200 area, but remember the market does not move in a straight line hence why this strat. works like it does.

TimeFreedom

Quoting guitarxx
Hi

Does anyone expect a retracement after these massive moves on the swissie pairs, is it worth switching 60x90 on?

not sure what this news means short term


Sorry for newbie type question, hope someone can enlighten me

Tony
  • #1,200
  • Mar 12, 2009 8:50am Mar 12, 2009 8:50am
Wiped out all of this weeks profits.... but on the good side, that's all it did.

To take such a big hit on these CHF pairs and end at break even is not bad. As I am writing this, my week's equity is now positive
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