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Nanningbob 60x90 EA

  • #1,881
  • Apr 28, 2009 8:01pm Apr 28, 2009 8:01pm
Really impressive results for two cents a trade Bob. I opened a new demo Sunday with your 180/200 at ten cents per trade. Also attached the mini 2protect ea. All trades have closed on the first step and all have been closed by the 2protect ea. Profit +104.
  • #1,882
  • Apr 29, 2009 5:26am Apr 29, 2009 5:26am
Quoting newera
This is interesting. What are the green/red indicators telling us? How are you using this information? I presume CDR stands for "Current Daily Range" and ADR means "Average Daily Range"?

Thanks for sharing.

Hi NewEra,

The red square means a down trend for that currency pair and particular tf and a green square means means up trend.

The gray squares are the pairs and tfs that you want to use for the 60x90 as it is counter-trend.

Basically a ranging market is ideal for this ea.

However, seeing the pairs that are trending it would be ideal to use a trending ea or manual trade for those pairs and tfs.

Only use it for 5m to Daily - nothing beyond as it will not be able to work properly.
  • #1,883
  • Apr 29, 2009 5:34am Apr 29, 2009 5:34am
Quoting qz10cq
Really impressive results for two cents a trade Bob. I opened a new demo Sunday with your 180/200 at ten cents per trade. Also attached the mini 2protect ea. All trades have closed on the first step and all have been closed by the 2protect ea. Profit +104.
Hi QZ,

I tried using the protect ea and it worked great at closing the trades, however it caused account loss due to the trade being $140 in the negative on the open on nzd due to spread.

This caused a combative situation between the 60x90 and the protect.

Because I never saw a trade open in the trade box (as it happened too fast for the trades to register) I was down 3k in 5 minutes.

I only happened to notice the account balance was off, so then I removed the protect.

Could you pm and discuss optimum parameters?

Thanks,

Vincent
  • #1,884
  • Apr 29, 2009 7:18am Apr 29, 2009 7:18am
Quoting silverngold
Hi QZ,

I tried using the protect ea and it worked great at closing the trades, however it caused account loss due to the trade being $140 in the negative on the open on nzd due to spread.

This caused a combative situation between the 60x90 and the protect.

Because I never saw a trade open in the trade box (as it happened too fast for the trades to register) I was down 3k in 5 minutes.

I only happened to notice the account balance was off, so then I removed the protect.

Could you pm and discuss optimum parameters?

Thanks,

Vincent
Pm'd you Vincent, for others there are 2 2protect ea's. One is for the mini and one for the standard accounts. If you put a mini 2protect ea on a standard account it will just keep opening and closing trades in loss. The way to start this is to apply when you turn Bob's ea's on or when your in profit of more than 10 dollars. If your 10 up (mini) it will protect 5 and as your profits go up it will protect more. This has been working for me on all of Bob's ea's and basically keeps me out of those death trades that kill the accounts....Dan
  • #1,885
  • Apr 29, 2009 7:18am Apr 29, 2009 7:18am
Quoting nanningbob
Just a reminder that the FOMC report is this afternoon. When I look over my trades from last year these were the days I lost the most amount of money. So from my experience I will sit this one out. I dont think the Fed will make any changes but if they do the market will go nuts. If you want to risk playing it I wouldnt use any of the big mover currencies like the GBP or Eur/jpy.

I closed my accounts for the day since they were all sitting on profit. Here are my 200x180 results for the month. I will be taking about 350 dollars and reenter the...

Bob, THANKS FOR THE 180x200 EA and all the EXTRAS you posted for us on the first page!!!
  • #1,886
  • Apr 29, 2009 3:25pm Apr 29, 2009 3:25pm
Hi Nanningbob!!,,,,I have had great success with your system this week,,,Thanks so much!!!,,Just a quick question,,,Other than the gpb/nzd,,,Do you shy away from any other pairs?,,,I know it depends on the traders risk aversion,,,etc,,,Or would reccommend using all 22 pairs and just stick with them through out the trading week? Good ,,bad,,,or ugly??,,I know news events and global uncertainties can have an impact,,,,Have you tried using,,,for example,,, lets say just 10 pairs with any success,,,My strategy so far has been to take solid profits when available and let the losers turn to profits,,,I will clear the the deck Friday before closing ,,,,,And then count my chickens!!.....Thanks again!!
  • #1,887
  • Apr 29, 2009 3:41pm Apr 29, 2009 3:41pm
Quoting piptalk
Hi Nanningbob!!,,,,I have had great success with your system this week,,,Thanks so much!!!,,Just a quick question,,,Other than the gpb/nzd,,,Do you shy away from any other pairs?,,,I know it depends on the traders risk aversion,,,etc,,,Or would reccommend using all 22 pairs and just stick with them through out the trading week? Good ,,bad,,,or ugly??,,I know news events and global uncertainties can have an impact,,,,Have you tried using,,,for example,,, lets say just 10 pairs with any success,,,My strategy so far has been to take solid profits when...
The most dangerous pairs are:
Gbp/nzd, gbp/jpy, Eur/nzd, gbp/cad, eur/aud, Eur/jpy, gbp/chf

The biggies though are gbp/jpy, gbp/nzd, gbp/cad, eur/nzd and eur/aud. You can see that putting a major currency with a minor currency can lead to some huge moves.

Attached is my 7 year currency facts. It shows the number of times a currency has gone over a certain number and what its biggest day has been. I last updated it last November after the big Oct. moves. So even though the info is 6 months old it still gives you the information you need on this question. There are some currencies not on there because they were not offered by IBFX when I started compiling the info.

The best way to trade them is to let them go out to their extremes and then turn on the EA and ride them back to the center. Monday was a great day for that.
Attached File(s)
File Type: zip 7 YEAR CURRENCY FACTS 11-09-2008 ver2.zip   16 KB | 365 downloads
  • #1,888
  • Apr 29, 2009 3:47pm Apr 29, 2009 3:47pm
Here is the gbp/nzd. Whenever it gets 2 or 3 lines out from center, turn the EA on and ride the profits on in. Very profitable. Especially when you see the white and blue lines past the 15/85 lines on my sto/macd indicator. That is a good time to turn it on. You will love it.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp nzd 4h.gif Size: 16 KB
  • #1,889
  • Apr 29, 2009 4:00pm Apr 29, 2009 4:00pm
here is another pic of the gbp/nzd with 5 yellow checks in 4 weeks where you could turn on the EA be safe and make good money with the gbp/nzd.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp nzd 4h checks.gif Size: 32 KB
  • #1,890
  • Apr 29, 2009 4:08pm Apr 29, 2009 4:08pm
Ok,,Great!!,,Thanks for the insight,,,I have been letting ea go the go 24/7 on all pairs,,,And then taking profits when they occur,, Maybe,,, I should be a little more careful when trading the more volatile pairs,,, although they are tempting when they go your way!! ,,I have to get use to going negative until the countertrend emerges,,,Thanks again,,,Its been a very good week!!
  • #1,891
  • Apr 29, 2009 4:23pm Apr 29, 2009 4:23pm
Hi Nanningbob,,,Is it possible to set the EA on the most volatile pairs,,ie.,nzd and jpy crosses,etc,, to take the first trade only when they hit second,,or third level on up or down,,,Bypassing the first level altogether?,,,,Or,, do we just make that a manual decision,,,Thanks again!!,,,,,
  • #1,892
  • Apr 29, 2009 5:53pm Apr 29, 2009 5:53pm
i'm having some problems with CADJPY. i don't think i like this pair anymore lol
change the future, not the past
  • #1,893
  • Edited 6:48pm Apr 29, 2009 6:00pm | Edited 6:48pm
Quoting piptalk
Ok,,Great!!,,Thanks for the insight,,,I have been letting ea go the go 24/7 on all pairs,,,And then taking profits when they occur,, Maybe,,, I should be a little more careful when trading the more volatile pairs,,, although they are tempting when they go your way!! ,,I have to get use to going negative until the countertrend emerges,,,Thanks again,,,Its been a very good week!!
I trade the gbp/jpy and eur/nzd 24/5 but I close down for the big news interest rate stories. Yes it has been a good week. I got my email from IBFX, the check is cut and on the way.
  • #1,894
  • Apr 29, 2009 6:49pm Apr 29, 2009 6:49pm
Quoting 137
i'm having some problems with CADJPY. i don't think i like this pair anymore lol

I have never seen that one. Have no idea what it is like.
  • #1,895
  • Apr 29, 2009 7:38pm Apr 29, 2009 7:38pm
Hey piptalk

This is Harry Singh from Utah, USA
I just opened an account with this forum and try to learn anything and everything.
From everything i read, This EA from nanning sounds impressive to me.
But im still having trouble figuring this out
I have 500 $ sitting in live ifbx account. once i can test this for 2 weeks and see a decent positive performance, i will plug this into my live account. If u can help me set up a demo, when i go live, i will give u 5% of the total profit generated from this system as a appreciation payback. If u agree, please add me in the following messenger

yahoo/aim/skype: zero2vm
email: [email protected]
Phone: 8017358977

Thanks

Harry Singh

ps: im online on skype .. please add me.. thanks
{Promotion Removed}
  • #1,896
  • Apr 29, 2009 8:03pm Apr 29, 2009 8:03pm
Hi Harry,,,First thing is to open a demo W/ IBFX.com,,As a matter of fact they are in Salt Lake City,,,No worries,,, I will try to put you in right direction ,,,,And I dont expect any comp from you,,,Thanks anyways,,,Actually,,, I am still testing Nanningbobs system,,,Maybe he can make you aware of previous posts that you can study and download for reference,,,,
  • #1,897
  • Apr 29, 2009 8:26pm Apr 29, 2009 8:26pm
Harry,,,,Check out post#1,,,,Download the 5 digit zip file,For IBFX,,,,There is a pdf file with all the intructions on how to install the trading system and the strategy on how to work the system to your advantage,,,Good luck!!
  • #1,898
  • Apr 29, 2009 9:01pm Apr 29, 2009 9:01pm
Hello everyone. I set the default settings on few pairs..One at ibfx and alpari
Its been 2 hrs i dont see any open trade. Can someone check please and let me know if you seen any trouble. If u find a trouble, can u please notify me thru [email protected] or call me at 8017358977. I will appreciate alot.
I like to test this for 2 weeks on demo before i go live at ibfx with 500. Also will appreciate any suggestion, or feedbk to get the maximum output

thanks

Harry Singh
yahoo/aim/skype: zero2vm
[email protected]
8017358977
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 180x200_alpari.JPG Size: 339 KB
Click to Enlarge Name: 180x200_ibfx.JPG Size: 361 KB
{Promotion Removed}
  • #1,899
  • Apr 29, 2009 9:43pm Apr 29, 2009 9:43pm
Quoting zero2vmdotco
Hello everyone. please notify me thru [email protected] or call me at 8017358977. I will appreciate alot.
yahoo/aim/skype: zero2vm
[email protected]
8017358977

Harry,

You seem to be in a hurry! No worry. This EA will be here and it can only improve. Meanwhile you can stroll around and get the basics of this system, if you have time.
"Put all your efforts in becoming effortless"
  • #1,900
  • Apr 29, 2009 10:28pm Apr 29, 2009 10:28pm
Quoting zero2vmdotco
Hello everyone. I set the default settings on few pairs..One at ibfx and alpari
Its been 2 hrs i dont see any open trade. Can someone check please and let me know if you seen any trouble. If u find a trouble, can u please notify me thru [email protected] or call me at 8017358977. I will appreciate alot.
I like to test this for 2 weeks on demo before i go live at ibfx with 500. Also will appreciate any suggestion, or feedbk to get the maximum output

thanks

Harry Singh
yahoo/aim/skype: zero2vm
[email protected]
8017358977...
Did you attached the EA to the charts? Once you have done that, you will see a smiling face on the right of the chart.
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