Nanningbob 60x90 EA | Page 105 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

NanningBob's 4H Sellhigh BUYLOW 158 replies

Help regarding NanningBob EA 27 replies

Nanningbob 4H trading system 2,017 replies

Indicator needed for Nanningbob strategy 2 replies

Help to improve profitable EA - 1H NanningBob 40MA 200 BB 10 replies

Attachments: Nanningbob 60x90 EA
Exit Attachments

Nanningbob 60x90 EA

  • #2,081
  • Jun 23, 2009 12:06pm Jun 23, 2009 12:06pm
Quoting Pippopotamus
Heiken Ashi and 3 Line Break indicators are found on Forex Factory website. If you wish,direct me to instructions for posting charts, etc., or PM me with instructions.

Hey Pippo,


Could you please post your chart(s) to give Bob an idea of exactly what you would like him to do?


How to POST CHART Images


There is a better way to post images, and it saves you having to upload the image to another website first. You can just keep the images on your own computer.

1. Put your chart on screen.
2. Capture a screen shot with Alt+PrintScreen
3. Open MS Paint and presize the canvas to 600x600.
4. Paste your screenshot.
5. Answer NO when asked if you want to increase the size of the canvas.
6. Use your mouse to slide the screenshot around until the part you want seen is visible.
7. Click outside the canvas to freeze your image.
8. Add notes, and graphics to your image using MS Paint tools.
9. Do NOT save the image as .bmp because it is too large and takes up too much space on the Forex Factory server. Instead, save it as .gif or .jpg
10. When creating your post, attach the image using the "Attach Files to Your Post" button as shown below.

This is not as hard as it sounds. With a bit of practice, you'll be able to go from chart to post in less that a minute.
  • #2,082
  • Edited Jun 24, 2009 1:21am Jun 23, 2009 1:33pm | Edited Jun 24, 2009 1:21am
A three level trade in 2/09 using HA reversals for entries(red arrows). 1) -.65 level/buy 1 x position at 1.4855. 2)-.85 level/buy 1.5 x position at 1.4791. 3) -1.05 level/buy 2 x position at 1.4714. All positions closed at Mean at 1.4836. HA must reverse and close beyond a level for a trade to be opened. In the image the white line is M15 667 pd. LWMA which is always TP. The first green line below is the -.65 offset, the second is the -.85 offset, and the third is the -1.05 offset.
Attached Image (click to enlarge)
Click to Enlarge Name: desktop.gif Size: 72 KB
Vincit qui se vincit.
  • #2,083
  • Jun 23, 2009 7:18pm Jun 23, 2009 7:18pm
Quoting Pippopotamus
A three level trade level in 2/09 using HA reversals for entries(red arrows). 1) -.65 level/buy 1 x position at 1.4855. 2)-.85 level/buy 1.5 x position at 1.4791. 3) -1.05 level/buy 2 x position at 1.4714. All positions closed at Mean at 1.4836. HA must reverse and close beyond a level for a trade to be opened. In the image the white line is M15 667 pd. LWMA which is always TP. The first green line below is the -.65 offset, the second is the -.85 offset, and the third is the -1.05 offset.
Other than you are using a different indicator for your lines the system is the same. What I like about it is the numbers would adjust to each currencies values making it more flexible than my fixed system. I will take a look at it but I am leaving for the USA this Friday and will be traveling most of the summer. I have a two week period in July I wont be doing much so I may get a better chance of looking at it.
  • #2,084
  • Jun 24, 2009 1:51am Jun 24, 2009 1:51am
but with critical differences. The entry using HA/3LB will keep us from trying to catch a falling knife or a shooting rocket (?). See spike in Eur/Chf 3/12/09. Also, TPs are different. Enjoy your leisure, but hope you will take a good look at this. In fact, I think the best practical method for trading back toward the Mean may be with the use of a single regression channel with offsets at +-2 SDs,+-3 SDs, etc., from Median Line, using HA/3LB for entries. Pippo
Vincit qui se vincit.
  • #2,085
  • Jun 24, 2009 9:16am Jun 24, 2009 9:16am
Quoting Pippopotamus
but with critical differences. The entry using HA/3LB will keep us from trying to catch a falling knife or a shooting rocket (?). See spike in Eur/Chf 3/12/09. Also, TPs are different. Enjoy your leisure, but hope you will take a good look at this. In fact, I think the best practical method for trading back toward the Mean may be with the use of a single regression channel with offsets at +-2 SDs,+-3 SDs, etc., from Median Line, using HA/3LB for entries. Pippo
You keep refering to the Eur/Chf spike but that was an interest rate day on that currency pair and I dont recommend trading pairs on interest rate days. Some days the best strategy is to not trade and that was a no trade day so I didnt have a problem that day. Like tomorrow is a USA interest rate day. Very dangerous day to trade. Much safer to not trade than to adjust a system to something you have no control over. If for some crazy reason the powers that be decide to raise the US interest rate a point, your system would not cover the craziness of the market either. I will just sit those couple of hours out rather than take any chances of an unexpected change. Here is a cardinal rule of trading and never forget this rule. Indicators work great but sudden fundamental change (news stories) can never be predicted by an indicator. Sudden fundamental changes overule any indicator. No matter what indicator you use, it can be trumped by a fundamental change. Go back and read the very first post. At any time, without any notice, the government, a large corp. or a national bank can exchange funds for itself and it will move the market. No indicator can predict these actions. But still your system may have merit but it still will not solve market jump, that is just a risk of trading.
  • #2,086
  • Edited 9:56am Jun 24, 2009 9:27am | Edited 9:56am
during certain announcements, but I am quite sure the news that caused the spike on 3/12 was not scheduled. Will check on that...Well on 3/12, it looks like the SNB made the interest (Libor) rate move that was expected. No surprise there. However, in a second announcement the SNB said it began intervening to weaken the Swiss franc. This was the monster from the Id that caused the spike. At any rate (haha), it was not a day we would be trading. How about today(6/24) ??? Was today a no trade day for Eur/Chf ??
Vincit qui se vincit.
  • #2,087
  • Jun 24, 2009 7:22pm Jun 24, 2009 7:22pm
Yahoomt4;

You can limit the opening trade to 1 by changing the MaxTrades value.
  • #2,088
  • Jun 24, 2009 7:44pm Jun 24, 2009 7:44pm
Quoting Pippopotamus
during certain announcements, but I am quite sure the news that caused the spike on 3/12 was not scheduled. Will check on that...Well on 3/12, it looks like the SNB made the interest (Libor) rate move that was expected. No surprise there. However, in a second announcement the SNB said it began intervening to weaken the Swiss franc. This was the monster from the Id that caused the spike. At any rate (haha), it was not a day we would be trading. How about today(6/24) ??? Was today a no trade day for Eur/Chf ??
It will probably be the best trade of the week. It started as a buy, took profit, went two levels deep as a sell then retraced for profit and now is on its third trade and probably take profit and enter as a sell one last time later. So that run has so far produced two profits and will probably end up with two more. Love those spikes.
Attached Image (click to enlarge)
Click to Enlarge Name: eur chf.gif Size: 17 KB
  • #2,089
  • Jun 24, 2009 7:52pm Jun 24, 2009 7:52pm
Quoting nanningbob
Love those spikes.
Love those spikes when they whipsaw like mad, not when they go up in a straight line
Grabbing the bull by the horns!
  • #2,090
  • Jun 24, 2009 7:58pm Jun 24, 2009 7:58pm
Quoting wlp
Yahoomt4;

You can limit the opening trade to 1 by changing the MaxTrades value.
I think he is talking about a trade series. Do one trade series and no more. Max trade value will limit how many levels you go in the trade. I think he will need to go to the programming forums to find out. There is a disable alert once hit in MT4 when you post the EA but I am not sure that will stop the EA from entering more trades.
  • #2,091
  • Jun 24, 2009 8:06pm Jun 24, 2009 8:06pm
Quoting whitegoodman
Love those spikes when they whipsaw like mad, not when they go up in a straight line
Spikes are not a problem as long as you have the range and you do not over margin your account. The way I am set up price could go 1000 pips or more against me but I play small enough lots and large enough margin to always play a retrace. As long as there is a retrace, and there always is at some point, you can beat the market, if you dont overmargin your account. That is the most difficult part to learn about my systems. I go great for a while and then I increase my lots but I havent reached the point where I have enough funds to cover the increase and then I get into trouble. I also dont seem to get into trouble if I stay away from those interest rate change moves.
  • #2,092
  • Jun 24, 2009 8:16pm Jun 24, 2009 8:16pm
I replaced the 180x200 with the 180x100. The only major difference is I changed the MA to a 20MA and I enter 50 pips on both sides of the MA. I find this to use less margin than the 60x90 and the 180x200. It is now in post 1. Put the EA in the EA folder, temp in the templates folder and the entire profile folder in profiles. I am now in the third month of testing it and it is consistently increasing my account about 20%+ every month. It should look like this when done. A 20MA on a 4H chart price just keeps moving back and forth across the 20 MA line. I start 50 pips above and below the MA and reenter every 180 pips. Very rarely have I gone 3 levels with this system. Yeah I know watch it go crazy the next day. I stay away from the most volatile currencies but I think I posted it with 19 currencies. I have it with the Eur/Nzd dollar in the profiles but I dont use that one very much. Good luck. This is the version I use all the time on my live account now.
Attached Image (click to enlarge)
Click to Enlarge Name: usd jpy.gif Size: 19 KB
  • #2,093
  • Edited Jun 25, 2009 6:43am Jun 24, 2009 8:24pm | Edited Jun 25, 2009 6:43am
congrats on your successes today. Clearly Heiken Ashi and 3LB are of no use to you. Nanningbob please feel free to remove my posts from your fine thread. I see now they are just so much clutter. Pippo
Vincit qui se vincit.
  • #2,094
  • Jun 25, 2009 1:52am Jun 25, 2009 1:52am
Quoting Pippopotamus
congrats on your successes today. Clearly Heiken Ashi and 3LB are of no use to you. Nanningbob please feel free to remove my posts from your fine thread. I sse now they are just so much clutter. Pippo
OK .......... what ever this is all about, dont know ............ is this like I am taking my football and going home type of thing????
  • #2,095
  • Jun 25, 2009 8:00am Jun 25, 2009 8:00am
Ha ha sounds like it
  • #2,096
  • Jun 25, 2009 1:15pm Jun 25, 2009 1:15pm
Quoting Pippopotamus
congrats on your successes today. Clearly Heiken Ashi and 3LB are of no use to you. Nanningbob please feel free to remove my posts from your fine thread. I see now they are just so much clutter. Pippo

Dude! What's up with the attitude?

Bob never said that he wouldn't look into it, as a matter of fact, he said that he would work on it after vacation.

If you can't be grown up enough to accept that and understand that he does all of this for free to help ALL of us here then maybe FF is not the place for you!
  • #2,097
  • Jun 25, 2009 7:55pm Jun 25, 2009 7:55pm
Just to let you guys know that I am leaving tonight for Hong Kong then San Fran for a couple of days with my son and then on to Orlando. I probably wont be around much for the next week so I wish you all well in your trading. I posted my 180x100 which posted a 31% increase for the month of June so I am pleased with it. Slow but steady for 3 months in a row. It is basically the same as the 180 x 200 but changed the MA and beginning line. The adjustment helped some currencies that would not move enough to trade under the 180 x 200 so the profit line ended up better for the month. Anyways I am out of here to see my grandaughter who I have never seen and my son's wedding and my daughter's graduation. Will be a busy summer but will try to get in some trading,.......... maybe
  • #2,098
  • Edited 1:40pm Jun 26, 2009 11:07am | Edited 1:40pm
Nanningbob, I am very appreciative of your generosity. Pippo
Vincit qui se vincit.
  • #2,099
  • Jun 26, 2009 11:20am Jun 26, 2009 11:20am
intresting
  • #2,100
  • Edited 1:06pm Jun 26, 2009 12:38pm | Edited 1:06pm
Default max. trades is set at 2. Your trading 3 levels , right? Are you starting with .01 lots and at what balance? What balance would you feel comfortable trading .02 lots? At what point are you moving your stop loss to lock in pips? Besides the EUR/NZD, what other volatile pairs are you not trading with this EA? I take it that you can let trades ride over the weekend. Thanks much.
1 trader viewing now