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Nanningbob 60x90 EA

  • #1,701
  • Apr 8, 2009 5:04pm Apr 8, 2009 5:04pm
Bob i have an account with LiteForex like i was saying and i need some advice. their 'Lite' accounts are denominated in USC or United States Cents. minimum lot size is 0.1. how should i set up the EA under 'AccountType'? should i leave it as '1' for mini lots? i don't see an option for a nano account in the code, although based on having their accounts in USC i don't think this would apply anyways. thanks for any help
change the future, not the past
  • #1,702
  • Apr 8, 2009 5:42pm Apr 8, 2009 5:42pm
Quoting 137
Bob i have an account with LiteForex like i was saying and i need some advice. their 'Lite' accounts are denominated in USC or United States Cents. minimum lot size is 0.1. how should i set up the EA under 'AccountType'? should i leave it as '1' for mini lots? i don't see an option for a nano account in the code, although based on having their accounts in USC i don't think this would apply anyways. thanks for any help

The best way is to try it on a demo and see what happens. I have never tried lite forex so I dont really know. Sorry.
  • #1,703
  • Apr 8, 2009 5:42pm Apr 8, 2009 5:42pm
Quoting $aly
wow it's an interesting EA
i only use it from monday till 2 houres ago.
look at this impressive result. at first day i thought profit is token because i use GBP/JPY ...THEN i close GBP/JPY chart and see .. i have seen that it is profitable on all pairs ..i only use 10 pairs..some of positions are closed manually ... because they have psych level or strong resistance on their ways....i am going to use it on my live account next week.
be happy
which version of the EA are you running ?
  • #1,704
  • Apr 8, 2009 9:00pm Apr 8, 2009 9:00pm
Quoting nanningbob
The best way is to try it on a demo and see what happens. I have never tried lite forex so I dont really know. Sorry.
thanks for the reply. i only think they offer standard demo accounts though which is unfortunate...
change the future, not the past
  • #1,705
  • Apr 9, 2009 3:29am Apr 9, 2009 3:29am
Quoting tokyomaster
which version of the EA are you running ?
i use the first post EA...is there any different version of this EA on other posts??????.. i think i have gotten the last version as i download that on last friday.....
  • #1,706
  • Apr 9, 2009 5:38am Apr 9, 2009 5:38am
Quoting $aly
i use the first post EA...is there any different version of this EA on other posts??????.. i think i have gotten the last version as i download that on last friday.....
60x90 ?
  • #1,707
  • Apr 9, 2009 6:27am Apr 9, 2009 6:27am
I see over 5000 people have now downloaded this EA system. I am very grateful and thankful for everyone's input and suggestions. I dont always get a chance to say thank you to those of you who have expressed gratitude but I want you to know I am grateful for your thanks. I hope each of you get comfotable with this EA and will get to know both its strengths and weaknesses. As the markets continue to settle down I think you will find this system a steady profitable money maker. Good luck to you all.

Bob
Living and working in Nanning, China.
  • #1,708
  • Apr 9, 2009 6:58am Apr 9, 2009 6:58am
Quoting tokyomaster
60x90 ?
3L 60*90
  • #1,709
  • Apr 10, 2009 10:12am Apr 10, 2009 10:12am
Hi,
does it work on IFBX live micro account with 5 digit? Is it possible to update it?
Regards,
  • #1,710
  • Apr 10, 2009 6:48pm Apr 10, 2009 6:48pm
The news this week looks clean. The biggest problem area is Trichet and Bernanke speaking friday around noon but I am usually out of the market by then. Good luck trading. Here is some news on GM:

The Obama administration has given the battered automaker until June 1 to come up with a new turnaround plan that cuts significantly deeper than the previous restructuring proposal. That earlier plan, unveiled in February, called for the company to likely shed its Saab, Hummer and Saturn brands, but to keep Buick, GMC and at least part of the Pontiac product line.
The growing assumption in the industry is that if GM is forced into bankruptcy, the company will be split into a so-called "good GM" and "bad GM."
The good brands -- such as Chevy and Cadillac, and its stronger overseas operations - would be sold quickly to a new company set up with government financing, and presumably led by GM's current management team.
That new leaner, healthier GM would be able to go forward without the burden of much of the debts and problems that now weigh down the current company.
The bad parts of GM, including Saturn, Saab and Hummer, unprofitable plants and much of the company's obligations, would be left behind in bankruptcy court, likely slated for a slow, painful liquidation.
0:00 /02:57GM's electric 2-wheeler
Experts say this is the only way that there could be a so-called quick bankruptcy process for a company as large and complicated as GM, which is what the Obama administration has said it would like to achieve if GM does file for bankruptcy.
  • #1,711
  • Apr 10, 2009 8:38pm Apr 10, 2009 8:38pm
Hi Nanningbob,
Thank you for your effort.
What is the difference between your 60x90EA and 100x80 EA?
Regards,
  • #1,712
  • Edited 1:25am Apr 11, 2009 1:23am | Edited 1:25am
I've started to follow this, just wish I had found it sooner. I ran 10 pairs from the 5 and 15 minute groups last week. $230 in a week trading dimes and I did not turn off the EA's during the news of the week. I've attached the statement if anyone is interested.

My idea is this; the big trouble comes when price travels in a steady fashion away from the 80ma and heads out past our stops. Is it possible to program the system to set a marker when price passes a green line, wait for price to move beyond a set amount, then set a sell stop at the marker? This way price could go where it wants and the trade would get triggered when it's heading for profit. Opposite for the red lines. I'm sure some of the trades would get triggered and then experience a dd regardless, and price action that just touches the line and turns would be missed, though this could save us from some of the nastier situations. Is it possible to do this? Would it help?

I can make some sense of ea programming but I don't know how to do it or what is possible. If this has been brought up I offer apologies for doing so again. I've only read 175 posts so far and I didn't want to wait until i'm done to post this ;-}

Thanks to you Nanningbob, and all those involved in this.
Attached File(s)
File Type: zip reports.zip   9 KB | 280 downloads
  • #1,713
  • Apr 11, 2009 4:31am Apr 11, 2009 4:31am
Quoting footy
Hi Nanningbob,
Thank you for your effort.
What is the difference between your 60x90EA and 100x80 EA?
Regards,
The 60x90 is a countertrend EA. It looks for the exhaustion point of a move and then enters waiting for the retracement.

The 100x80 does a buy and a sell at the same time so no matter what direction price goes it will profit every 100 pips. As long as price stays in a 6-800 pip range it works very well but since Oct. that has made it more difficult. Some people have reported to me that is has worked very well with the Aud/jpy pair for the last 6 months. I am demoing a 180x200 and it looks good in trials so far but we will see over time. I want to see it handle some big moves first.
  • #1,714
  • Apr 11, 2009 7:50am Apr 11, 2009 7:50am
When I make changes to the code and compile them, I get "5 errors" in the description at the bottom of the page. All the errors are to do with 'Lots'-variable not defined. To make this error message go away I have to set lots to 2 (instead of .02) and then all the changes compile. Can someone tell me how to make changes to the code and still trade .02 lots? I know you can change the lots once the EA is on the chart but I'd like to have the code corrected before it goes on the chart or I know I'll screw up sometime in the future and trade 2 lots instead of .02 lots.Thank you
  • #1,715
  • Apr 12, 2009 1:36am Apr 12, 2009 1:36am
Quoting PowerBySol
Is it possible to program the system to set a marker when price passes a green line, wait for price to move beyond a set amount, then set a sell stop at the marker? This way price could go where it wants and the trade would get triggered when it's heading for profit.
Thanks to you Nanningbob, and all those involved in this.
This is a good idea. Hope this can be incorporated into this EA.
Suppose we enter first trade only at the at the Top level (by chance) , profit also gets enhanced.
"Put all your efforts in becoming effortless"
  • #1,716
  • Apr 13, 2009 9:55pm Apr 13, 2009 9:55pm
Anybody trading USD/SGD on IBFX? There was a wild 200+ pip 1 hour candle at the start of Asian session. I couldn't find any news on it. I had the 30x20 EA on and it opened and closed on 3 levels twice within the hour.
  • #1,717
  • Apr 14, 2009 4:12am Apr 14, 2009 4:12am
Quoting newera
Anybody trading USD/SGD on IBFX? There was a wild 200+ pip 1 hour candle at the start of Asian session. I couldn't find any news on it. I had the 30x20 EA on and it opened and closed on 3 levels twice within the hour.
The European banks were closed Friday and Monday for holiday. When they opened there probably were a bunch of back orders to be run or a very large order. I am not sure but it is possible they run all the sells or buys first then the other so you often get spikes or gaps around holidays. SGD being a small currency could spike like that, I know I have seen some crazy NZD spikes around Christmas time.
  • #1,718
  • Apr 14, 2009 4:23am Apr 14, 2009 4:23am
Quoting nanningbob
The European banks were closed Friday and Monday for holiday. When they opened there probably were a bunch of back orders to be run or a very large order. I am not sure but it is possible they run all the sells or buys first then the other so you often get spikes or gaps around holidays. SGD being a small currency could spike like that, I know I have seen some crazy NZD spikes around Christmas time.
You are wrong. Today, Singapore announce their monetary policy statement.

Key point

"In our assessment, the current level of the S$NEER is appropriate for maintaining domestic price stability over the medium term, taking into account the prospects for growth in the Singapore economy. MAS will therefore re-centre the exchange rate policy band to the prevailing level of the S$NEER, while keeping the zero percent appreciation path. The width of the band will remain unchanged. The Singapore economy continues to be anchored by sound fundamentals and a resilient financial system. There is therefore no reason for any undue weakening of the Singapore dollar."
  • #1,719
  • Apr 14, 2009 5:08am Apr 14, 2009 5:08am
Quoting qz10cq
Adjusted Bob's ea to a 34tp, 51step, 152sl, 5 pairs, 3 levels means -510 when it losses. Lost once, 27 wins, up 429 starting on 3-29. My thinking is I don't care if it loses as long as it wins overall. Trying to never lose turns out to be a typical martingale. There is always the perfect storm. Will keep u informed
After being +500 (for that week) on Thursday I decided to trade thru Fridays NFP (demo) which of course loss my profit. After starting new account on 4-06 till now I'm +550 using .1 lots. Had a few losses but winning more than it's losing. Trading thru all major news except NFP. Will keep you informed.
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  • #1,720
  • Apr 14, 2009 10:20am Apr 14, 2009 10:20am
This EA uses a moving average of 80 to determine entry. Would it not be better to use a moving average of 0 instead of 80 ?
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