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4H Box Breakout

  • #2,061
  • Aug 18, 2009 8:41pm Aug 18, 2009 8:41pm
Quoting Ronald Raygun
that was a genuine bug in the system which only affected the sell side.

Here is the fix.
Ron.

Can you do an update where the SL and TP are sent after the OrderSend is completed (using OrderModify) so I can run this on an ECN broker. I was going to do it myself, but I think everyone should have a copy and I didn't want to jump in myself.

Dave R.
  • #2,062
  • Aug 18, 2009 8:43pm Aug 18, 2009 8:43pm
I am still on long G/J after it did breakout on upper part, but after wake up, I am suffering loss, anyone could explain about this? I am not yet cut loss.
  • #2,063
  • Aug 18, 2009 9:04pm Aug 18, 2009 9:04pm
Quoting T.E.Lawrence
Anyone knows whether you can open some practice account with ninja trader? I think when I downloaded a demo, a year ago, I could only use archived data, not live feeds.

I'm looking for a new charting software. Oanda's sucks a big time. I'd like to try something else besides MT4.
To demo using Ninjatrader you use the live data feed from Gain/Forex.com, and then trade using the internal Sim101 account. It's not perfect, but pretty good.

I trade live with Ninjatrader and GAIN (pretty shit broker but gets me Ninja for free). This system (with some mods) has been good to me.
  • #2,064
  • Aug 18, 2009 9:06pm Aug 18, 2009 9:06pm
Quoting shiko
OK, I understand G/J, why not the Cable. Look what it is doing right now.
Gbp/Jpy and GBP/ USD are 2 the most volatile pairs. I personally going to back test the cable.
Have a look at the "Sunday Breakout Strategy" by phil383 on the babypips forum. Very similar system (they use ATR for profit targets), but on GBPUSD.

Personally I trade GBPUSD and GBPJPY.
  • #2,065
  • Aug 18, 2009 9:32pm Aug 18, 2009 9:32pm
I hit my SL on EJ, still lost some pips from buying GJ,
Should i Buy EJ again ????
  • #2,066
  • Aug 18, 2009 10:11pm Aug 18, 2009 10:11pm
Quoting banana9009
I hit my SL on EJ, still lost some pips from buying GJ,
Should i Buy EJ again ????
looking at pivot weekly and trend line it will go for short GJ. but wait for it break out...

yesterday is not so good if you buy and put SL there.... hopefully today give some advantage....

i think the system should be input with other trading analysis before we put the short or long accordingly to TP size and SL size....

I go for a short now if it breakout...
  • #2,067
  • Aug 18, 2009 11:14pm Aug 18, 2009 11:14pm
Sr. Raygun

I noticed something odd when I was running some backtests.

If you are using MoveStopOnce = True
If you use anything other than 1 for MoveStopTo

You get OrderModify error 1 constantly and it just hangs the backtest.

I assume MoveStopTo is a pip distance from the box border but why can't we use 0.

I want to use 0 so that if I put in a fast BE, I want the EA to enter a new trade quickly.

Any thoughts

Dave R.
  • #2,068
  • Aug 19, 2009 1:48am Aug 19, 2009 1:48am
Well, I woke up this morning and noticed my SL has been hit (I went long yesterday evening): -165 pips.
  • #2,069
  • Aug 19, 2009 1:52am Aug 19, 2009 1:52am
Ok, I've just gone short again.

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  • #2,070
  • Aug 19, 2009 2:01am Aug 19, 2009 2:01am
Quoting T.E.Lawrence
Well, I woke up this morning and noticed my SL has been hit (I went long yesterday evening): -165 pips.
Both Long and Short entries have been triggered this week, so following Ace's original rules, there should not be any more entries today. The Short went past TP1, so SL should have been moved to BE, before being stopped out. The Long hit SL yesterday shortly after entry. Suggest you re-read Ace's rules on post #1.
  • #2,071
  • Aug 19, 2009 2:25am Aug 19, 2009 2:25am
Quoting decus
To demo using Ninjatrader you use the live data feed from Gain/Forex.com, and then trade using the internal Sim101 account. It's not perfect, but pretty good.

I trade live with Ninjatrader and GAIN (pretty shit broker but gets me Ninja for free). This system (with some mods) has been good to me.
What do you mean it's not perfect?
  • #2,072
  • Aug 19, 2009 2:49am Aug 19, 2009 2:49am
Quote
Both Long and Short entries have been triggered this week, so following Ace's original rules, there should not be any more entries today. The Short went past TP1, so SL should have been moved to BE, before being stopped out. The Long hit SL yesterday shortly after entry. Suggest you re-read Ace's rules on post #1.

only 2 trades/week !

and both was closed with BE !
  • #2,073
  • Aug 19, 2009 2:58am Aug 19, 2009 2:58am
I just checked my LONG position that I opened yesterday....


and I was stopped out by 3 pips, before the price carried on in the Northerly direction, and now heading south again.

As per ACE's rules, that is one short and one long - I will wait until Sunday evenining for the next setup
Just for today, do not worry...
  • #2,074
  • Aug 19, 2009 2:59am Aug 19, 2009 2:59am
Quoting banana9009
only 2 trades/week !

and both was closed with BE !
The long trade didn't even touch TP1, so why did you move your SL to BE? Shouldn't you have done it after PA has had reached TP1?

Excerpt of the 1st post:

Quoting Ace284

I move stop to BE after 1x has been hit.
  • #2,075
  • Aug 19, 2009 3:01am Aug 19, 2009 3:01am
Quoting T.E.Lawrence
What do you mean it's not perfect?
You have a live data feed, but the demo trading side is all replicated locally. So issues such as broker communication delay, order rejection, slippage, etc don't come into play. Ninjatrader tries to replicate these "real world" issues as much as possible, hence the good but not perfect.

Perfect would be being able to open a demo Forex.com/GAIN account and connecting to that account via NinjaTrader. You can't do that, Forex.com/GAIN only let you connect real accounts to NinjaTrader.

Note I'm just talking about demo trading. If you want to discuss it in detail PM/Email me...when I was starting out with Ninja forex info was hard to come by.
  • #2,076
  • Aug 19, 2009 4:45am Aug 19, 2009 4:45am
Quoting droland
Sr. Raygun

I noticed something odd when I was running some backtests.

If you are using MoveStopOnce = True
If you use anything other than 1 for MoveStopTo

You get OrderModify error 1 constantly and it just hangs the backtest.

I assume MoveStopTo is a pip distance from the box border but why can't we use 0.

I want to use 0 so that if I put in a fast BE, I want the EA to enter a new trade quickly.

Any thoughts

Dave R.
MoveStopTo is the pip distance from the order entry price (you should be able to put in a negative value for that).

I'll look into it.
  • #2,077
  • Aug 19, 2009 5:31am Aug 19, 2009 5:31am
Quoting faxfxfx
I just checked my LONG position that I opened yesterday....


and I was stopped out by 3 pips, before the price carried on in the Northerly direction, and now heading south again.

As per ACE's rules, that is one short and one long - I will wait until Sunday evenining for the next setup

Very true.
I got up just in time seeing price breaking box down, but as per rules only 2 trades, I passed this trade. If we start breaking rules, once we can get away, then we get burned.
I am waiting till Sunday.
  • #2,078
  • Aug 19, 2009 7:53am Aug 19, 2009 7:53am
for the owner of this thread
Can i share ur strategy at Arab forum ?
copyrights r reserved

Thx
  • #2,079
  • Aug 19, 2009 11:04am Aug 19, 2009 11:04am
Quoting shiko
Very true.
I got up just in time seeing price breaking box down, but as per rules only 2 trades, I passed this trade. If we start breaking rules, once we can get away, then we get burned.
I am waiting till Sunday.
I think it will go long tommorow......
  • #2,080
  • Aug 19, 2009 11:19am Aug 19, 2009 11:19am
I have been reading the past few post from guys who are "Creating A New System" away from Aces.

What the hell is it you guys want?

For crying out loud...The system WORKS period...

If it isn't Broke...Don't try and fix it

You GAMBLERS run the risk of losing the lot.

I see comment like " Should I go long again , Should I go short again"

Be on it your head and heart
Getting out the Rat Race
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