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Forex Trend Catcher EA

Hello People,

Please download the latest version, Forex Trend Catcher Ver. 1c from post #1, and not the outdated version 1a (at post #3).

I tried removing post #3 (containing version 1a), but the "edit" button does not show, so I can't remove.

Many people have been downloading the wrong version.

Bernard
“Opportunities multiply as they are seized.” - Sun Tzu - The Art Of War
Hi People,

I encountered a bug with TradeLondonOpen. It escaped my testing last Friday. I just corrected it, please download the version 1c from post #1 again, if you have not done so. My apology for missing that bit of testing.

Bernard
“Opportunities multiply as they are seized.” - Sun Tzu - The Art Of War
Any trades today?
  • Post #224
  • Quote
  • Edited at 11:41am Mar 30, 2009 10:49am | Edited at 11:41am
Here's my trading results so far. Version 1c's first day trading.


Bernard
Attached File
File Type: doc DetailedStatement-EA.doc   86 KB | 396 downloads
“Opportunities multiply as they are seized.” - Sun Tzu - The Art Of War
Quoting prosper4rex
I encountered a bug with TradeLondonOpen. It escaped my testing last Friday. I just corrected it, please download the version 1c from post #1 again, if you have not done so.
Aha, I only wanted to trade the London session hence why I had no trades then.

I have re-loaded the updated version so I will see how it goes and post my results as soon as I get them.

Thanks for your hard work Bernard.

Cheers,

Benn

ps. Nice results by the way!
  • Post #226
  • Quote
  • Edited Apr 1, 2009 12:45am Mar 31, 2009 8:13pm | Edited Apr 1, 2009 12:45am
The results from the EA on 30 March, the day before, as posted above (post #224) was +200pips on a demo mini account.

Yesterday (31 March), the market was generally choppy/ranging. The EA managed to pull in a profit of 30+ pips on same demo mini account.

So far the changes made to the EA seems to achieve the desired results, i.e. generate profits in both trending and ranging/choppy markets.

Bernard
Attached File
File Type: doc DetailedStatement-090331.doc   76 KB | 313 downloads
“Opportunities multiply as they are seized.” - Sun Tzu - The Art Of War
Quoting Mr Benn
Aha, I only wanted to trade the London session hence why I had no trades then.

I have re-loaded the updated version so I will see how it goes and post my results as soon as I get them.

Thanks for your hard work Bernard.

Cheers,

Benn

ps. Nice results by the way!

Benn,

I look forward to your results. Thanks.

Bernard
“Opportunities multiply as they are seized.” - Sun Tzu - The Art Of War
Quoting prosper4rex
The results from the EA on 30 March, the day before, as posted above (post #224) was +200pips on a demo mini account.

Yesterday (31 March), the market was generally choppy/ranging. The EA also managed to pull in a profit of 30+ pips on same demo mini account.

So far the changes made to the EA seems to achieve the desired results, i.e. generate profits in both trending and ranging/choppy markets.

Bernard
Hi Benard!

What settings are you using? Are you using the same as you posted previously for the most part? Default (besides broker offset)?
Quoting bnbb2004
Hi Benard!

What settings are you using? Are you using the same as you posted previously for the most part? Default (besides broker offset)?
bnbb2004,

I used default settings, except for TradeLondonOpen and TradeNewYorkOpen.

If any currency pair will be in news, I set to false, otherwise it will be true.

Bernard
“Opportunities multiply as they are seized.” - Sun Tzu - The Art Of War
Quoting prosper4rex
bnbb2004,

I used default settings, except for TradeLondonOpen and TradeNewYorkOpen.

If any currency pair will be in news, I set to false, otherwise it will be true.

Bernard
So you always check the news the day before to turn on/off that feature?
Quoting bnbb2004
So you always check the news the day before to turn on/off that feature?
bnbb2004,

Yes, precisely. I checked with the calender feature at the forum which lists the hour news will be coming out and set TradeLondonOpen and TradeNewYorkOpen accordingly.

This will minimize risks in my trading.

Bernard
“Opportunities multiply as they are seized.” - Sun Tzu - The Art Of War
Hi Bernard,

Here's the results from yesterdays trading. I only traded the London session with all other settings at default (apart from gmt offset).

I will trade both London & US session today and see how it goes.

Cheers,

Benn
Attached File
File Type: pdf Latest Trend catcher.pdf   45 KB | 439 downloads
Quoting Mr Benn
Hi Bernard,

Here's the results from yesterdays trading. I only traded the London session with all other settings at default (apart from gmt offset).

I will trade both London & US session today and see how it goes.

Cheers,

Benn
How does it work, Dozen it have to stay in longer, I see that it takes 2,3,4 pips. Shouldn't it catch bigger trends like it says, why the small pips too.
My Email For Help: [email protected]
Trade Explorer System All Time Return: 39.4%
Quoting Mr Benn
Hi Bernard,

Here's the results from yesterdays trading. I only traded the London session with all other settings at default (apart from gmt offset).

I will trade both London & US session today and see how it goes.

Cheers,

Benn
Benn,

Thanks for posting your results.

Bernard
“Opportunities multiply as they are seized.” - Sun Tzu - The Art Of War
Quoting tcmm
How does it work, Dozen it have to stay in longer, I see that it takes 2,3,4 pips. Shouldn't it catch bigger trends like it says, why the small pips too.
tcmm,

Trend signals received for the currency pairs does not turn out to be strong trends. In a strong trend, the currency pairs will be able to trigger TS within the 15 mins allowance and thereby locked in profit, otherwise EA attempts to close it with whatever profit it can get - even at 1 pip.

To allow the open position to stay on, mildly trending/ranging as it is now, is risky as it may further develop into a losing trade.

Please refer to post #211.

Bernard
“Opportunities multiply as they are seized.” - Sun Tzu - The Art Of War
hi..

bernard i have try use your EA and have a great results,will do live next week )..but there are problem on trigger the trade,i use interbank for demo and no problem with that but my other broker platform with i use for live didn't place a trade,is it because of GMTOffset is not correct?

many thanks in advance..
Quoting bexterlone
hi..

bernard i have try use your EA and have a great results,will do live next week )..but there are problem on trigger the trade,i use interbank for demo and no problem with that but my other broker platform with i use for live didn't place a trade,is it because of GMTOffset is not correct?

many thanks in advance..
bexterlone,

GMTOffset directly affects TradeLondonOpen and TradeNewYorkOpen. Yes, wrong GMTOffset does affect placing of trades.

Bernard
“Opportunities multiply as they are seized.” - Sun Tzu - The Art Of War
thanks..but i still confused,how can i set up to correct value,my platform time is 12
Quoting bexterlone
thanks..but i still confused,how can i set up to correct value,my platform time is 12
bexterlone,

You can refer to page 1, post #15 of the thread on how to set the correct GMTOffset.

Bernard
“Opportunities multiply as they are seized.” - Sun Tzu - The Art Of War
Quoting prosper4rex
bexterlone,

You can refer to page 1, post #15 of the thread on how to set the correct GMTOffset.

Bernard
thanks,bernard are EA will be interrupt if i change to lower TF instead of 1H n above?
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