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Nanningbob 60x90 EA

  • #2,521
  • Sep 5, 2009 8:34pm Sep 5, 2009 8:34pm
Hi Bob,
I have been reading alot of your thread and love the helping discussions from you and other people. I am asking a newbie question, I have got your instruction manual, but I can't figure out which files are what for the EA and where to download it. I know your familiar with the IBFX accounts, in the experts section it has alot: files, include, indicators, libraries....templates. What file goes where? If this has been posted, I would appreciate the location. I know you get alot of newbie questions and I thought I would brave up and ask this. Thanks in advance.

Dane
  • #2,522
  • Sep 5, 2009 11:02pm Sep 5, 2009 11:02pm
Quoting Ironbark
Ok Thanks Bob.. I like to push the Demo's pretty hard to see if they fall over. I would be much more conservative on a live account.
Well, from hard experience, my live and demo's usually will bomb out from a margin call because of too high a lots than anything else. Except on interest rates news I have always seen price stay within a 1000 pip range with a retracement somewhere to get out or make profit. A couple of exceptions have been the NZD pairs (not the aud/nzd) and the USD/CAD. Other than that it has been happy sailing. Sometimes some of the currencies will get into the 5-700 range before a retrace but then I will find one. If I play too high of lots then I cant play the 5-800 range. I have found that if I can make 3-8% a week or 15-25% a month I am within the range of the EA with my margin. If I am doing higher than that on my return then sooner or later I will get burned playing with too high of lots. Now maybe the 40MA BB will do better but only time will tell and that EA needs to get through some volatile period first before we will really know, but so far so good.
  • #2,523
  • Sep 5, 2009 11:07pm Sep 5, 2009 11:07pm
Quoting soonerdkm
Hi Bob,
I have been reading alot of your thread and love the helping discussions...
Actually if you dont mind waiting a couple of days I want to write a manual for these EAs like I did for my Nanningbob 4H system. That way one manual explains all three and this will avoid some confusion. The EAs are very similiar and the decision making process is about the same but each EA its own strengths and weaknesses and I think I have learned enough on each one to put a small manual together. I hope to start writing it later today and finish in less than a week. I have my school started here in Nanning and I dont start teaching at the University for two weeks so I think I have time to get it done. (Hopefully I am not dreaming here)
  • #2,524
  • Sep 6, 2009 7:30am Sep 6, 2009 7:30am
Quoting nanningbob
Actually if you dont mind waiting a couple of days I want to write a manual for these EAs like I did for my Nanningbob 4H system. That way one manual explains all three and this will avoid some confusion. The EAs are very similiar and the decision making process is about the same but each EA its own strengths and weaknesses and I think I have learned enough on each one to put a small manual together. I hope to start writing it later today and finish in less than a week. I have my school started here in Nanning and I dont start teaching at the University...
Hi Bob,
Thanks for your generous help.
The more you give, the more you receive.
  • #2,525
  • Sep 6, 2009 12:20pm Sep 6, 2009 12:20pm
Quoting IamTHAT
Dan,

Here is an altered version(put together hurriedly) which takes only open order steps. So, pending orders are not taken into account and it will be much safer but it could also be less profitable or even could make loss if steps are farther. It may need much finer calculation of steps, which I am unable to do at present. Please see if it works. I have also included an option to select Bands instead of MA.

With STOP orders, I would rather trade GJ, GU, EJ, EU and UJ. It would more useful in volatile pairs. I am trading only GJ .

Edit: Select...
Thanks I. will start testing it today. Setting the ea for 15 tf and BB. will keep you informed.
  • #2,526
  • Sep 6, 2009 12:37pm Sep 6, 2009 12:37pm
Quoting nanningbob
Well, from hard experience, my live and demo's usually will bomb out from a margin call because of too high a lots than anything else. Except on interest rates news I have always seen price stay within a 1000 pip range with a retracement somewhere to get out or make profit. A couple of exceptions have been the NZD pairs (not the aud/nzd) and the USD/CAD. Other than that it has been happy sailing. Sometimes some of the currencies will get into the 5-700 range before a retrace but then I will find one. If I play too high of lots then I cant play the...
Some great tips in there Bob. I'm going to turn on the mm this week with a 500 IBFX account (5 of your safer pairs) for pennies and see what hapeens.
  • #2,527
  • Sep 6, 2009 4:56pm Sep 6, 2009 4:56pm
Wednesday is NZD interest rate
Thursday is GBP and Canadian interest rate

Again I dont see anyone changing their rates at this time. I dont expect anyone doing any changes this year. Economies are showing a little life but have a long way to go.


Monday is a bank holiday in Canada and Labor Holiday in the USA. I expect the market to be slow during the USA session. Good luck.
  • #2,528
  • Sep 7, 2009 4:46am Sep 7, 2009 4:46am
I had trouble with my 40MA BB EA today. It was setting 1 pip SL and I lost a lot of trades during a 2 hour period. since it was .02 trades my loss is about 17.00 but it was really weird. After talking to IBFX they told me all the orders came from the EA and my IP address. Has anyone had this problem??
  • #2,529
  • Sep 7, 2009 6:59am Sep 7, 2009 6:59am
Quoting nanningbob
I had trouble with my 40MA BB EA today. It was setting 1 pip SL and I lost a lot of trades during a 2 hour period. since it was .02 trades my loss is about 17.00 but it was really weird. After talking to IBFX they told me all the orders came from the EA and my IP address. Has anyone had this problem??
This is weird and scary. Did you check for any conflict with other EAs or magic numbers?
"Put all your efforts in becoming effortless"
  • #2,530
  • Sep 7, 2009 9:36am Sep 7, 2009 9:36am
@ DMJServices;

Looks like your EA is not opening additional trades at the right pip level. E.g. I have the EA running on GBPJPY, H4 chart and the comments are showing Entry Distance: 404 and Scale: 264x404. First trade was opened @ 151.47 and the second @ 152.86, which is only 139 pips. I have the same problem with my EURUSD trade. I think this usually happens when I close and restart the platform. Please advise.

TimeFreedom
  • #2,531
  • Sep 7, 2009 4:55pm Sep 7, 2009 4:55pm
Quoting TimeFreedom
@ DMJServices;

Looks like your EA is not opening additional trades at the right pip level. E.g. I have the EA running on GBPJPY, H4 chart and the comments are showing Entry Distance: 404 and Scale: 264x404. First trade was opened @ 151.47 and the second @ 152.86, which is only 139 pips. I have the same problem with my EURUSD trade. I think this usually happens when I close and restart the platform. Please advise.

TimeFreedom
Ok I had 3 problems yesterday, on just one account.
1. EA closing trades not done by me or should have done by the EA
2. I couldnt change my password from inside the MT4, I had to go online and change it at IBFX.
3. My MT4 program froze and crashed several times when I tried to open it.

Right now my thinking is my MT4 program has corrupted and I am going to download and install a new one. That is the only conclusion I can come to at this time. This EA program, I have used for years without major problems.

Concerning your GBP/JPY, I offer only two possibles.
1. Depending on your broker, like IBFX likes to really widen the spread on that pair, usually the difference in the reentries is the moving spread change, especially on the volatile pairs.
2. This EA program may have a conflict using BB. It was designed for STOCH and I have used it with MA. This is my first try with BB. Maybe there is something in the code that conflicts with this indicator. I really doubt it but I must make that assumption. We will need more input.

Let me know what you think.

For you conspiracy buffs, maybe a broker doesnt like an EA that wins 85% of the time. But I find this highly unlikely on a penny account.
  • #2,532
  • Sep 7, 2009 4:58pm Sep 7, 2009 4:58pm
Quoting TimeFreedom
@ DMJServices;

Looks like your EA is not opening additional trades at the right pip level. E.g. I have the EA running on GBPJPY, H4 chart and the comments are showing Entry Distance: 404 and Scale: 264x404. First trade was opened @ 151.47 and the second @ 152.86, which is only 139 pips. I have the same problem with my EURUSD trade. I think this usually happens when I close and restart the platform. Please advise.

TimeFreedom
I have this being tested on a live and demo account. The demo is using a modified program posted earlier. The demo EA did not show this problem. My EA ran fine until a certain time and then started doing this over a 2 hours period when I caught it and turned it off. I will watch and see how the new EA is doing over time. I did notice it nails the first entry on the head though.
  • #2,533
  • Sep 7, 2009 5:08pm Sep 7, 2009 5:08pm
Hello all, after a long absence from posting here. Nanningbob has been of huge help in my trading education. The experience with the EA is the reason I am very reluctant to use an EA anymore. I did have a situation when I wasn't watching of an EA rapidly opening and closing trades. That was due to my input error. But, I still worry about an account being cleaned out from a glitch, and the broker would of course be blameless. Am following the success of everyone here, though, and may test the waters once again, in spite of the concerns with an EA.
Quoting nanningbob
I have this being tested on a live and demo account. The demo is using a modified program posted earlier. The demo EA did not show this problem. My EA ran fine until a certain time and then started doing this over a 2 hours period when I caught it and turned it off. I will watch and see how the new EA is doing over time. I did notice it nails the first entry on the head though.
  • #2,534
  • Sep 7, 2009 5:48pm Sep 7, 2009 5:48pm
Quoting paradoxical
Hello all, after a long absence from posting here. Nanningbob has been of huge help in my trading education. The experience with the EA is the reason I am very reluctant to use an EA anymore. I did have a situation when I wasn't watching of an EA rapidly opening and closing trades. That was due to my input error. But, I still worry about an account being cleaned out from a glitch, and the broker would of course be blameless. Am following the success of everyone here, though, and may test the waters once again, in spite of the concerns with an EA....
Hey long time no see. If you want a system that is working well manually. Go to my NanningBob 4H trading system. Only use an EA to enter a trade when the signals are right, then you manually control the trade after that. 3 week pip total is +2048. I make the currency calls every day just before the JPY session and then the next day talk about how they went. There is no, this is what you should have done yesterday stuff, this is live, what I am trading now and you can see how it goes. The good and the bad every day.
  • #2,535
  • Sep 7, 2009 5:50pm Sep 7, 2009 5:50pm
Quoting nanningbob
I have this being tested on a live and demo account. The demo is using a modified program posted earlier. The demo EA did not show this problem. My EA ran fine until a certain time and then started doing this over a 2 hours period when I caught it and turned it off. I will watch and see how the new EA is doing over time. I did notice it nails the first entry on the head though.
Bob, I have 2 demo accounts going with IBFX. Both worked perfect until middle of last week. One account stopped working, I had it on 15TF to see how the ea worked and all of a sudden it stopped taking trades. The other account is still working fine but non of yours or IamTHAT's revised ea's work on that account. Other ea's are working on that account. More pieces to the puzzle. Never thought to download a new platform, did that work for you....Dan
  • #2,536
  • Sep 7, 2009 6:08pm Sep 7, 2009 6:08pm
Quoting qz10cq
Bob, I have 2 demo accounts going with IBFX. Both worked perfect until middle of last week. One account stopped working, I had it on 15TF to see how the ea worked and all of a sudden it stopped taking trades. The other account is still working fine but non of yours or IamTHAT's revised ea's work on that account. Other ea's are working on that account. More pieces to the puzzle. Never thought to download a new platform, did that work for you....Dan

My theory is because of anti-virus, spybot, registry cleaner programs, etc. Also the MT4 updates, I feel over time they corrupt the MT4 program. So I often download a fresh copy and use them. The account I had trouble with I had not done that this year and I usually do that every 2-3 months. So that is my #1 assumption of the problem. If that is not the problem then, I dont know.

Also the newest one from IBFX I couldnt get the prices to update, update was on the screen and I had dragged the pairs onto them to refresh. The next day when I restarted the program it wouldnt update. I didnt feel like dragging all the pairs unto the screen again so I turned on my live account and the screens all updated. I then went back to the demo account and it worked fine. So that is what I am doing now.
  • #2,537
  • Sep 7, 2009 7:49pm Sep 7, 2009 7:49pm
Quoting nanningbob
Also the MT4 updates, I feel over time they corrupt the MT4 program.
I feel this could be the problem.
Now I remember, few days back I edited an EA to work in the reverse direction and it would not work at all and I was breaking my head over it.
Suddenly it has sprung back to life and working perfectly. It's ok with demo but we need to be aware before trading live. However, my live BB EA is working fine so far.
"Put all your efforts in becoming effortless"
  • #2,538
  • Sep 8, 2009 3:47am Sep 8, 2009 3:47am
Bob,
Just to let you know, I haven't had any problems yet with the function of the 100+40 1D .02 EA. I haven't downloaded a fresh copy of MT4 since march. Don't understand why your latest EA's would be affected by a stale platform and earlier EA's ,not. Think I'll keep a closer watch though.
  • #2,539
  • Sep 8, 2009 4:18am Sep 8, 2009 4:18am
Quoting Toothman
Bob,
Just to let you know, I haven't had any problems yet with the function of the 100+40 1D .02 EA. I haven't downloaded a fresh copy of MT4 since march. Don't understand why your latest EA's would be affected by a stale platform and earlier EA's ,not. Think I'll keep a closer watch though.
Your right, it doesnt make sense but I have the closed trades right here before me. The demo account running the same program didnt do it. Just glad i had it on .02. It would have been a bigger problem other wise. Anyway not doing that one live for now. Still running my other EAs on live accounts with no problems.

Just a side note, I see the USD is taking a pounding today.
  • #2,540
  • Sep 8, 2009 1:57pm Sep 8, 2009 1:57pm
Big rally GU EU AU last night. in 4Ls looks like im digging my self out this one.
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