FX_30M Bouncing System

Siobi, my Ma check and slope check come set to false. Is that correct for default setting?

Ok, got mine on aggressive settings ibfx demo testing, so if anyone else doesn't mind to test on default settings on demo?

....Or vice versa is allright with me, just let me know. (We should maybe delegate some tasks as to not duplicate too much perhaps.)

Thanks Siobi and everyone!!!

PS: Let's stop in to the old thread once in a while to try out new ideas if it's ok with you Siobi.

hi all,

the setting for slope check and MA check is defaulted to FALSE.

these 2 checking is mainly for securefilteration on higher timeframe.

MA check is to ensure if pricing below 200SMA, then the EA only takes the SHORT signal and vice versa.

Slope check is to ensure 60M timeframe slope line is in same direction before placing a trade.

I had put both default to FALSE, u may turn it on if u wanna be more secure.

trading time is now open to all market time but still only on EUR/USD and NON news hour.

extra thing is NO trade on Friday!!!
This EA had been preset so NO trade on friday and it is our EA holiday!!!!

i got it on the default Dan. Both on False. Live but just Micro lot.

As they say... NICE!!!

Good luck so we may all scale up!!!

Any trades, anybody? I have no trades, started EA 0 GMT

Elovv

hi all,
me also no trade today...

no, if you notice, both adx say "range" and it has been compared to friday.

Any trades, anybody? I have no trades

same here, no trades by now..

I didn't get a chance to load the R9. Left the R8 running and no trades. A question for Siobi or anyone that may know. Can I run the R8 and the R9 on two separate charts?

I think I had mentioned.

you may run R8 and R9 on same platform, but most likely R8 is the one will be opening the trade!!! R9 is just having additional and it is solely basedon R8 with addionatiol filtering.

Just to make sure I got this right, if I leave the setting to default then it should trade the japan time frame correct?

hi there, this R9 is able to trade for all time zone but only EUR/USD pair...

I'm just started r8. I didn't see an r9 and I thought I read all the posts. can you repost it. I back tested r8 and it did great. I didn't get any trades today though so I want to make sure my settings are right. Thanks in advance.

Currently in a buy trade at 1.3213 using version R8, and up 28 pips. With the 20 pip trail stop, would still be a plus 19 pips even if it drops from here.

paradox,
would you post your setting so I can see what is different. I trade fxdd, and have .1 lot. I see you have .2 That's the only thing I see right off.

Thanks for the great method and EA Siobhi. Two trades today but I am running on 15 and 30 min eur usd. No trades yesterday.

Running on an IBFX demo- IBFX are known as tyhe worst broker for running EAs but curious to see if it trades live. Will put it live next week on 0.01 lots just for curiosity sakes!

Thanks again!

Cal

Siobi, guys, trading 10 pairs all with less than 10 spread on FXDD, lots .1 using r9 with slope true. Since open of markets Sunday. I've had 4 trades for a total profit of +5 and all of them were winners. Siobi maybe it's to safe? I don't know exactly what you did between r8 - r9 (about the 1 pip profit thing) but it seems that only trailing stop was the way to go? Will test remainder of week and keep you informed....Dan

besiege, the .2 lots should have nothing to do with whether or not it makes trades. The price feeds are different between the two brokers. ON occasion, one will make a trade, and the other won't.
My settings are to trade all day, which is; Close hour 30, Hour Start 0, and Hour End 24.