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Attachments: Forex Trend Catcher EA
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Forex Trend Catcher EA

  • #241
  • Apr 1, 2009 6:22am Apr 1, 2009 6:22am
Quoting bexterlone
thanks,bernard are EA will be interrupt if i change to lower TF instead of 1H n above?
bexterlone,

The EA was designed for the 1HR and above TF. Best to stick with 1 HR TF. I always trade on 1 HR TF.

Another thing to note, never switch to another TF when a trade is created for 1 HR TF. Always stick to the TF you are trading on.


Bernard
“Opportunities multiply as they are seized.” - Sun Tzu - The Art Of War
  • #242
  • Apr 1, 2009 6:30am Apr 1, 2009 6:30am
Quoting prosper4rex
bexterlone,

The EA was designed for the 1HR and above TF. Best to stick with 1 HR TF. I always trade on 1 HR TF.

Another thing to note, never switch to another TF when a trade is created for 1 HR TF. Always stick to the TF you are trading on.


Bernard
thank you so much for such a great advise bernard,will do that..stick on one TF..
  • #243
  • Apr 1, 2009 9:56am Apr 1, 2009 9:56am
Prosper,
I downloaded the new version from page 1. My compliments to you. It has traded a few times and taken medium and small profits in all trades, the operative word being "all'. Not a single loss. Profit is not great but it is better to have small profit than to have any kind of loss. Probably due to weak trend it takes whatever it can and closes the trades. I have traded London and NY openings too.
I am not sure how this EA can be further improved but I am going to trade for a week further and see if I can come up with some suggestion. All the friends on this thread are requested to do the same (as this forum is intended for that reason only and Bernard is open to innovation as we have seen in the past).
I myself am a newbie but I have tried several EAs to date but I find TC one of the better ones (better than most of the trash being sold in the open market).
Thank you Bernard.
  • #244
  • Apr 1, 2009 11:24am Apr 1, 2009 11:24am
Bernard,
I was going to send you a statement, but my broker ended the month before I could copy my statement. I started a new demo account with $3000 on Sunday night March 29th. It closed tonight the 31st with $3069.53. That was 15 positive trades in a row without any losses!! That is a 2.32% gain in two days! It was trading 10 pairs all with 5 pips or less spread. All trades were with the default settings. I have been trading manually over 4 years and never had 15 winning trades in a row with no losses.
A big thanks is in order!!
Russ
  • #245
  • Apr 1, 2009 11:58am Apr 1, 2009 11:58am
Quoting cuddlebum
Bernard,
I was going to send you a statement, but my broker ended the month before I could copy my statement. I started a new demo account with $3000 on Sunday night March 29th. It closed tonight the 31st with $3069.53. That was 15 positive trades in a row without any losses!! That is a 2.32% gain in two days! It was trading 10 pairs all with 5 pips or less spread. All trades were with the default settings. I have been trading manually over 4 years and never had 15 winning trades in a row with no losses.
A big thanks is in order!!
Russ
Here's my statement for 1 single day. I trade only 8 pairs.
Vinesh
  • #246
  • Apr 1, 2009 11:59am Apr 1, 2009 11:59am
Quoting vinesh
Here's my statement for 1 single day. I trade only 8 pairs.
Vinesh
how do I attach it? I think it went to the attachment page.

No its not there. Can someone help me out here?
  • #247
  • Apr 1, 2009 2:12pm Apr 1, 2009 2:12pm
Quoting prosper4rex
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
I did pickup profits here and there, but I got one that hit -100 pips and the other small profits where whip out, or do you adjust something when this happens like this. Can you explain?
My Email For Help: [email protected]
  • #248
  • Apr 1, 2009 4:03pm Apr 1, 2009 4:03pm
Hi Bernard.

I have seen so many matters on the threads that I was about to consider myself being stuck to manual trading, as most EAs are either too complicated to set or just don't do their job at all.

I agree with you about getting away from the screens more........12+ hrs is easily achieved here, especially when it is hot outside and inside the AC is cooling.

Will load it after I finish this post and demo trade for a few days.
Will also email you for a key, as I am VERY MUCH interested in this way of trading forex.

GRACIAS for a job well done so far, keep up the good work and I will do my best to get you my results here.
  • #249
  • Apr 1, 2009 7:56pm Apr 1, 2009 7:56pm
Quoting vinesh
Prosper,
I downloaded the new version from page 1. My compliments to you. It has traded a few times and taken medium and small profits in all trades, the operative word being "all'. Not a single loss. Profit is not great but it is better to have small profit than to have any kind of loss. Probably due to weak trend it takes whatever it can and closes the trades. I have traded London and NY openings too.
I am not sure how this EA can be further improved but I am going to trade for a week further and see if I can come up with some suggestion. All...
Vinesh,

Thank you for your kind compliments.

This EA is never static, will always be improved upon to address any deficiencies encountered. Yes, I do need suggestions and feedbacks to carry out the improvement/enhancement process.

Bernard
“Opportunities multiply as they are seized.” - Sun Tzu - The Art Of War
  • #250
  • Apr 1, 2009 7:59pm Apr 1, 2009 7:59pm
Quoting cuddlebum
Bernard,
I was going to send you a statement, but my broker ended the month before I could copy my statement. I started a new demo account with $3000 on Sunday night March 29th. It closed tonight the 31st with $3069.53. That was 15 positive trades in a row without any losses!! That is a 2.32% gain in two days! It was trading 10 pairs all with 5 pips or less spread. All trades were with the default settings. I have been trading manually over 4 years and never had 15 winning trades in a row with no losses.
A big thanks is in order!!
Russ
cuddlebum,

That's pretty great results you have.

Bernard
“Opportunities multiply as they are seized.” - Sun Tzu - The Art Of War
  • #251
  • Apr 1, 2009 8:02pm Apr 1, 2009 8:02pm
Quoting vinesh
how do I attach it? I think it went to the attachment page.

No its not there. Can someone help me out here?
Vinesh,

Click on "Manage Attachments" . Browse and upload the required file from your PC.

Bernard
“Opportunities multiply as they are seized.” - Sun Tzu - The Art Of War
  • #252
  • Apr 1, 2009 8:08pm Apr 1, 2009 8:08pm
Quoting tcmm
I did pickup profits here and there, but I got one that hit -100 pips and the other small profits where whip out, or do you adjust something when this happens like this. Can you explain?
tcmm,

The first two days testing on version 1c have shown reasonably good results under different market conditions.

The third day testing, I too encountered the -100 pips loss on GBPCHF. I am analyzing why that entry was taken and with that loss. Improvements will be needed on this current version to address this loss. I am looking into it.

Bernard
“Opportunities multiply as they are seized.” - Sun Tzu - The Art Of War
  • #253
  • Apr 1, 2009 8:10pm Apr 1, 2009 8:10pm
Quoting Freddyfx
Hi Bernard.

I have seen so many matters on the threads that I was about to consider myself being stuck to manual trading, as most EAs are either too complicated to set or just don't do their job at all.

I agree with you about getting away from the screens more........12+ hrs is easily achieved here, especially when it is hot outside and inside the AC is cooling.

Will load it after I finish this post and demo trade for a few days.
Will also email you for a key, as I am VERY MUCH interested in this way of trading forex.

GRACIAS for a job well...
Freddyfx,

Great to see you here.

Look forward to your results and feedbacks.

Bernard
“Opportunities multiply as they are seized.” - Sun Tzu - The Art Of War
  • #254
  • Apr 1, 2009 9:14pm Apr 1, 2009 9:14pm
Quoting prosper4rex
Vinesh,

Click on "Manage Attachments" . Browse and upload the required file from your PC.

Bernard
I tried it but didnt work for me. I'll try again.
  • #255
  • Apr 1, 2009 9:19pm Apr 1, 2009 9:19pm
Quoting prosper4rex
Vinesh,

Click on "Manage Attachments" . Browse and upload the required file from your PC.

Bernard
Lets see if it uploads.

Nope.

8 straight profitable trades. I cannot upload it for some reason.
  • #256
  • Apr 1, 2009 10:09pm Apr 1, 2009 10:09pm
Vinesh.

Struggling here with the same problems, have the STATEMENT, but cannot get it accepted in the FF post.

ANYWAY:
EA loaded, 9 pairs

5 trades profitable
1 BE
2 open

Decided to make a screenshot of the HISTORY and attach it this way.
Hope it is readible.
Attached Image (click to enlarge)
Click to Enlarge Name: freddyfx results.gif Size: 50 KB
  • #257
  • Edited 10:52pm Apr 1, 2009 10:18pm | Edited 10:52pm
Having already nice results and that merely in 3 hrs after installation.

Trading the following pairs:
EURUSD, AUDUSD, GBPUSD, USDCAD, EURJPY, USDJPY, USDCHF, EURGBP, GBPJPY

7 all good
3 open at the moment
  • #258
  • Apr 2, 2009 12:33am Apr 2, 2009 12:33am
Vinesh and Freddyfx,

This may help you in uploading the results file.

1. Save in metatrader as html file, *.htm.

2. Open the .htm file under Word and save it as word document, *.doc.

This should be able to solve the uploading problem.

Bernard
“Opportunities multiply as they are seized.” - Sun Tzu - The Art Of War
  • #259
  • Apr 2, 2009 12:55am Apr 2, 2009 12:55am
Quoting prosper4rex
tcmm,

The first two days testing on version 1c have shown reasonably good results under different market conditions.

The third day testing, I too encountered the -100 pips loss on GBPCHF. I am analyzing why that entry was taken and with that loss. Improvements will be needed on this current version to address this loss. I am looking into it.

Bernard
Do you think the stoploss maybe can be lower. I wonder on a 30 pip stop since it takes small profits. What do you think?
My Email For Help: [email protected]
  • #260
  • Apr 2, 2009 1:06am Apr 2, 2009 1:06am
bernard are the EA is running if my acc. details are not appear on my chart?the details are appear on demo but not in my live acc..

many thanks in advance..
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