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Nanningbob 60x90 EA

  • #2,021
  • May 17, 2009 6:26am May 17, 2009 6:26am
Quoting Knoxy
I'd previously written EAs for the indicator using the overbought/oversold levels but using MACD as a filter looks interesting ie. only trade in the direction of the last crossing of MACD near 0.85/0.15.
Errr,

Now I look at it the MACD crossing looks meaningless. As MACD is unconstrained a crossing of it with a stochastic doesn't appear to mean much. Bothers me that when I click and hold chart then drag left and right the MACD line moves up and down against the stochastics.

Knoxy
Aspice, officio fungeris sine spe honoris amplioris
  • #2,022
  • May 17, 2009 8:50am May 17, 2009 8:50am
Quoting footy
Hi
Thank you for your effort. May I know where is the new "site" and the new EA mention in the manual?
Infact I am using your EA 4H 50AM 180x200 from 1 May 09 and I don't decide the direction as suggested. I turn it on 24x 5 and I turn it off unless it hit the level 3. Now I have about 50% profit but with about 15% floating loss.
If we follow your new system, it will be a trending system and it is different from what you suggest at the beginning. Please advise.
Have you started a new thread?

Comment:
Page...
Here is the new thread:

http://www.forexfactory.com/showthread.php?t=169309
  • #2,023
  • May 17, 2009 8:55am May 17, 2009 8:55am
Quoting Knoxy
Errr,

Now I look at it the MACD crossing looks meaningless. As MACD is unconstrained a crossing of it with a stochastic doesn't appear to mean much. Bothers me that when I click and hold chart then drag left and right the MACD line moves up and down against the stochastics.

Knoxy
Actually not true. The MACD matters at real time not the past. If the future forces MACD to go higher it does not change the fact that when the white and blue lines cross it, it notes a change of direction at that moment. If the trend continues and the MACD is forced down and you see a week or two later it is now in the middle does not change the fact that the when the white and blue lines crossed showed a retracement you could trade. You dont know at he time whether the trend will continue and this is a retracement or this is a turn around. It still shows the prices change of direction at that time. So seeing it in hindsight 2,3,4 weeks down the road still does not change the signal that was shown at the time.
  • #2,024
  • May 17, 2009 6:39pm May 17, 2009 6:39pm
Bob just emailed me to let you all know he is currently being blocked access to the Forex Factory site.... i presume its a China related thing...


also any discussions of the 4hr strategy should be in the new thread, this one is strictly for 60x90 or its mods/variances
Grabbing the bull by the horns!
  • #2,025
  • May 17, 2009 7:04pm May 17, 2009 7:04pm
Quoting whitegoodman
Bob just emailed me to let you all know he is currently being blocked access to the Forex Factory site.... i presume its a China related thing...


also any discussions of the 4hr strategy should be in the new thread, this one is strictly for 60x90 or its mods/variances
what's with China ?
  • #2,026
  • May 17, 2009 7:43pm May 17, 2009 7:43pm
Quoting forexisfx
what's with China ?
well i cant imagine FF have banned him, isnt there something about China sensoring websites or something?

or maby its a net issue...
Grabbing the bull by the horns!
  • #2,027
  • May 17, 2009 8:02pm May 17, 2009 8:02pm
Quoting whitegoodman
well i cant imagine FF have banned him, isnt there something about China sensoring websites or something?

or maby its a net issue...
lolwut
  • #2,028
  • May 18, 2009 1:27am May 18, 2009 1:27am
Quoting whitegoodman
Bob just emailed me to let you all know he is currently being blocked access to the Forex Factory site.... i presume its a China related thing...
Email him www.vpntunnel.co.uk which will sort it. If he can't access it PM me and I'll zip the software and an account over to you in 24 hours. I'm getting on a plane so it can't be sooner.
Do not focus on making money; focus on protecting what you have.
  • #2,029
  • May 18, 2009 2:10am May 18, 2009 2:10am
Quoting Why Oh Why
Email him www.vpntunnel.co.uk which will sort it. If he can't access it PM me and I'll zip the software and an account over to you in 24 hours. I'm getting on a plane so it can't be sooner.
where are u going ? Hawaii ?
  • #2,030
  • Edited 10:56am May 21, 2009 10:34am | Edited 10:56am
I have a VPN but I recieved an email for FF saying their website was under attack. Any way everything is fine for now. I have made an adjustment to the 180x200. I use a 20MA TP 100 and start 50 pips from center, then 180 after that. It seems that price will keep bouncing back and forth on both sides of the MA. Here is a pic.

Ran into some trouble with the GBP currencies so I only use the gbp/usd and dropped the others. I also dropped the eur/nzd and the USD/CAD. Seems to work very well with the slower and medium currencies and seldom goes more than 2 levels deep. Once greater than the second level I look for my best exit out and start with a new reentry
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur usd.gif Size: 22 KB
Click to Enlarge Name: DetailedStatement.gif Size: 5 KB
  • #2,031
  • May 22, 2009 3:49am May 22, 2009 3:49am
Quoting nanningbob
I have made an adjustment to the 180x200. I use a 20MA TP 100 and start 50 pips from center, then 180 after that. It seems that price will keep bouncing back and forth on both sides of the MA. Here is a pic.

Ran into some trouble with the GBP currencies so I only use the gbp/usd and dropped the others. I also dropped the eur/nzd and the USD/CAD. Seems to work very well with the slower and medium currencies and seldom goes more than 2 levels deep. Once greater than the second level I look for my best exit out and start with a new reentry
Is this the same EA as the one you introduced at AUD/NZD forum? Regardless, would you please be able to post the new EA and template for the system?
  • #2,032
  • May 22, 2009 9:28am May 22, 2009 9:28am
Quoting michaelhryu
Is this the same EA as the one you introduced at AUD/NZD forum? Regardless, would you please be able to post the new EA and template for the system?
Right now the Aud/Nzd is just an idea but I will post the new parameters for the 180x200 this weekend. I have almost 3 weeks of testing them and I think they are an improvement but it is still similar. I changed the entrance point and the MA and it gets more trades and you dont use the volatile currencies.
  • #2,033
  • May 22, 2009 5:15pm May 22, 2009 5:15pm
Hi everybody....
I am sure not discover hot water...but i want to put at your atention the possibility to use the same automated system 60x90 or 90x60 in reverse mode like my attach picture!!
Switch on EA only when we have 1h setup in the same way 4h setup and increase the trade every fall bounce!!! probabily 4 level and we follow the trend...
I think is no new idea....but i ask if is possible to consider this way and backtest it.
I am not pratice with EA...so i am not able to do this...
Any opinion aare wellcome and sorry for my brutal english...
Attached Image (click to enlarge)
Click to Enlarge Name: setup.jpg Size: 74 KB
  • #2,034
  • May 22, 2009 9:06pm May 22, 2009 9:06pm
Quoting spynamax
Hi everybody....
I am sure not discover hot water...but i want to put at your atention the possibility to use the same automated system 60x90 or 90x60 in reverse mode like my attach picture!!
Switch on EA only when we have 1h setup in the same way 4h setup and increase the trade every fall bounce!!! probabily 4 level and we follow the trend...
I think is no new idea....but i ask if is possible to consider this way and backtest it.
I am not pratice with EA...so i am not able to do this...
Any opinion aare wellcome and sorry for my brutal english...
This is a countertrend systlem. If you want a trend system go to Nanningbob 4H trading system

http://www.forexfactory.com/showthread.php?t=169309

Thank you for your input.
  • #2,035
  • May 27, 2009 7:48pm May 27, 2009 7:48pm
Go to

http://www.forexfactory.com/showthread.php?t=169309

Page 10 post#136

I explain a strategy that can almost zero out any losing trade
  • #2,036
  • May 29, 2009 7:01pm May 29, 2009 7:01pm
I had another solid month for the 180x200. I made an adjustment to it and changed the MA to 20 and the entrance distance to + and - 50 on both sides of the MA. I did this because some currencies were not trading at the wider entrance. You can see where I dropped out early in the month on the interest rate change. The market moved and put me in the hole 4 hours before the announcement and I decided I didnt want to go into that announcement deep in the hole so I closed out. It ended up being a dud news story and I would have survived it if I had stayed in. Well, still had a decent month with a 27% increase in my account. That is two solid months in a row. Over a two month period that is a 71.78% win ratio. It is actually higher but the close out I did at the beginning of May brought the ratio down some. The second pic (April and May) is my results over 2 months. You can see where I took my 350 profit at the end of April. I hope in to let this account build for a while.

In the first pic (May Only) you can see where the equity dipped and stayed level. That is the point I was battling the GBP/USD and other USD runs that would retrace. I would close out the worst level and let the others run. Finally the market began retracing again and I was able to increase my account. Getting out of bad positions by taking break even or minimum losses is working. compare that with the big dip early in the month. If I had take the position of just closing the worst trades and leaving the others intact, I would not have had such a drop. I was able to protect the account that way from a big drop in equity.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: DetailedStatement.gif Size: 5 KB
Click to Enlarge Name: DetailedStatement B.gif Size: 5 KB
  • #2,037
  • May 29, 2009 7:07pm May 29, 2009 7:07pm
im still gettingm nice weekly returns off audnzd, audcad, nzdcad, eurnzd and gbpnzd off my 45x90 version.... gbpnzd was dicey this weeky tho, went level 4 and slapped on recovery settings due to the change in nzd's S&P rating.... it survived the 600 pip drop and came out with some nice profit...
Grabbing the bull by the horns!
  • #2,038
  • May 29, 2009 7:45pm May 29, 2009 7:45pm
Quoting whitegoodman
im still gettingm nice weekly returns off audnzd, audcad, nzdcad, eurnzd and gbpnzd off my 45x90 version.... gbpnzd was dicey this weeky tho, went level 4 and slapped on recovery settings due to the change in nzd's S&P rating.... it survived the 600 pip drop and came out with some nice profit...
Hey, that is good. I haven't used a recovery EA in a while the market hasn't been too volatile.
  • #2,039
  • May 29, 2009 11:09pm May 29, 2009 11:09pm
Lots of bank holidays Sunday Monday Europe and NZ. So it should be slow.

Tues. Aud interest rate and thurs. GBP, Canada interest rate. Since we are in the middle of recession I dont see any changes. However, if they do change expect the market to be very surprised.

Also, I have warned in the past about GM filing bankruptcy, they plan on doing so this Monday. Since it took so long I dont think it will have such an impact as it would have had if they had done this in December or January. Most of it has been prenegotiated where last December it would have slammed the markets. The whole things has been worked out in advance so I dont think the market will move much at this news. However, the long term impact probably will be a continued devaluing of the USD.
  • #2,040
  • May 29, 2009 11:18pm May 29, 2009 11:18pm
Quoting whitegoodman
im still gettingm nice weekly returns off audnzd, audcad, nzdcad, eurnzd and gbpnzd off my 45x90 version.... gbpnzd was dicey this weeky tho, went level 4 and slapped on recovery settings due to the change in nzd's S&P rating.... it survived the 600 pip drop and came out with some nice profit...
The only reason I use the 180x200 over the 60x90 is because it has more range and needs less funds to operate. I have not gotten even a worried look from margin usage yet, even though I am trading it with only 250 dollars and about 18 currencies. I am finding that the occasional dropping of a level keeps my margin under good control. I may switch my IRA's over to this this summer and trade extremely conservatively. I have hit over 20% two months in a row but I could easily trade an amount where it stays in the 3-5% and for an IRA that would be tremendous and there would be no danger of account wipeout even if another Oct. hit.
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