Excellent returns, Mat and long may it continue for you.
- #1,743
- Nov 30, 2009 6:11am Nov 30, 2009 6:11am
you rock too Mat,
great effort team... lol
many pips to you
Grant
Because of your contribution we all might soon be laughing all the way to the bank.
- #1,747
- Nov 30, 2009 9:03am Nov 30, 2009 9:03am
- | Joined Aug 2006 | Status: Trader | 1,024 Posts
Hi All,
November turned out to be very nice, +22%.
If anyone is following the method i posted a while back then well done.
Many pips to you all
Grant
ps. thanks to usual suspects that have helped in the tweaking, you know who you are...lol
Can you post your current trading parameters?
Thanks,
BC
- #1,755
- Edited Dec 1, 2009 1:36am Nov 30, 2009 5:42pm | Edited Dec 1, 2009 1:36am
Possible, but I will have to pay for it to coder ). Or I can give mql4 file to coder here and he will code in slope indicator for free. I'm not a coder
I'm not a real coder but I've done some a few years back, I've just switched to the mt4 platform so I'm just feeling my way.
I had a look at the EA_breakout_trend_TP3_lot.mq4 and I can see where the ma fits in, it shouldn't be difficult to substitute something different if you have the other code.
I'll could have a look if you would like.
Kim
Edit; just realised that I was looking at the wrong EA.
- #1,756
- Nov 30, 2009 6:34pm Nov 30, 2009 6:34pm
- | Joined Aug 2006 | Status: Trader | 1,024 Posts
Hi Bobcat,
box 4 - 6 am UK time
SL 15
TP 75
move SL to BE @ 25
use 85 ema on close for direction, so if above box go short, if below box go long, if it is in box at any time then no trade.
many pips to you
Grant
When I look at the most recent trade time (10:00PM - Midnight CST), the 85 EMA was close to or just barely knicked the bottom of the box on my FXDD chart. Since price was above the 85 EMA, I am assuming a short trade was valid. Problem is, once the buffer was broken short, price retraced 43 pips for a losing trade. Are my assumptions correct, or am I not as smart as a 5th grader?
Thanks for your help.
BC
Thanks, Grant!
When I look at the most recent trade time (10:00PM - Midnight CST), the 85 EMA was close to or just barely knicked the bottom of the box on my FXDD chart. Since price was above the 85 EMA, I am assuming a short trade was valid. Problem is, once the buffer was broken short, price retraced 43 pips for a losing trade. Are my assumptions correct, or am I not as smart as a 5th grader?
Thanks for your help.
BC
Sorry but you're not smarter than a 5th grader!!! lol
IF 85 EMA is below the price, that means long. Above price means short.
- #1,758
- Nov 30, 2009 8:28pm Nov 30, 2009 8:28pm
- | Joined Aug 2006 | Status: Trader | 1,024 Posts
Hi BC,
Sorry but you're not smarter than a 5th grader!!! lol
IF 85 EMA is below the price, that means long. Above price means short.
I may not be smarter than a 5th grader, but you're not smarter than a 5th grader, either! The example I gave is exactlly what you confirmed! lol
BTW, do I at least have the correct time for the box?
Dubai, please keep up the great posts or I will have to enlist Yen and Shiva to take over this thread!
Your friend,
BC
Thanks for the confidence-builder, Dubai!
I may not be smarter than a 5th grader, but you're not smarter than a 5th grader, either! The example I gave is exactlly what you confirmed! lol
BTW, do I at least have the correct time for the box?
Dubai, please keep up the great posts or I will have to enlist Yen and Shiva to take over this thread!
Your friend,
BC
You said the 85 EMA was knicking the bottom of the box so price was above the EMA. If this is true, longs are only valid. Shorts are invalid.
Is CST behind EST by 1hr? EST would be 2300-0100 EST. So I think CST is 1 hr behind EST so your box timings are correct!
I'll have a look at my FXDD chart and put on an 85 EMA and see for myself to save any more confusion!
Price above EMA= go long. Price below EMA= go short.
- #1,760
- Nov 30, 2009 10:31pm Nov 30, 2009 10:31pm
- | Joined Aug 2006 | Status: Trader | 1,024 Posts
Ah!!! lol.
You said the 85 EMA was knicking the bottom of the box so price was above the EMA. If this is true, longs are only valid. Shorts are invalid.
Is CST behind EST by 1hr? EST would be 2300-0100 EST. So I think CST is 1 hr behind EST so your box timings are correct!
I'll have a look at my FXDD chart and put on an 85 EMA and see for myself to save any more confusion!
Price above EMA= go long. Price below EMA= go short.
My apologies!
I misread Grant's instructions...I AM dumber than a 5th grader!
Yes...CST is 1 hour later than EST. Thanks for the clarification. Now that I am armed and dangerous I will likely be filling the coffers of those trading opposite of me!
