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NanningBob's 4H Sellhigh BUYLOW

  • #101
  • Mar 7, 2010 3:53am Mar 7, 2010 3:53am
Quoting hoachithanh
Sorry Naningbob , I improved more compelling:

http://i60.servimg.com/u/f60/11/70/80/38/0810.gif

http://i60.servimg.com/u/f60/11/70/80/38/0711.gif
I visited a thread on triangle trading once. You can really overdecorate a screen though. I probably will end up with the SM indicator and MA lines and that will be all I need I think. Interesting though.
  • #102
  • Mar 7, 2010 5:46am Mar 7, 2010 5:46am
Bob,
Do you have templates for the 3.3 version? thanks
  • #103
  • Mar 7, 2010 7:36am Mar 7, 2010 7:36am
Quoting Toothman
Bob,
Do you have templates for the 3.3 version? thanks
Yes there is a templates folder inside the package for 4D. If you are 5d you can load them up and then change the MA
  • #104
  • Mar 7, 2010 9:38pm Mar 7, 2010 9:38pm
Quoting nanningbob
Yes there is a templates folder inside the package for 4D. If you are 5d you can load them up and then change the MA
Sorry, I've read the thread and instructions and I'm not sure what you are referring to above: "change the MA".

I too am attempting to load onto a 5 digit platform. Could you elaborate sir?

Appreciate your work and help.

  • #105
  • Mar 8, 2010 2:41am Mar 8, 2010 2:41am
Bob,
I don't think the 101 Buy Low 5D 3.3 version is trading correctly. It's opened buy trades on two different pairs at the green line instead of waiting for the pink. Here's one of them.
Attached Image (click to enlarge)
Click to Enlarge Name: wrong trade.gif Size: 90 KB
  • #106
  • Mar 8, 2010 6:02am Mar 8, 2010 6:02am
Don't understand why this last sell would have opened. So maybe the 201 Sell 5D isn't working right either. Am I wrong about this. Maybe I misunderstood how the 3.3 version trades. Does it reenter a new trade as soon as old trade closes as long as price is between the two moving averages? Or is it supposed to wait for price to retrace to pink line again? Here's the chart.
Attached Image (click to enlarge)
Click to Enlarge Name: to bob.gif Size: 77 KB
  • #107
  • Mar 8, 2010 6:08am Mar 8, 2010 6:08am
Sell trade on the NZD/JPY? Far from pink line.
Attached Image (click to enlarge)
Click to Enlarge Name: b2.gif Size: 82 KB
  • #108
  • Mar 8, 2010 10:26am Mar 8, 2010 10:26am
Setting this EA for 0.01 lot is possible, or is it hardcoded for 0.1?
I am asking this, becouse I changed lot size for 0.01 and still any trades. Was wandering if this could be a problem or should I just wait longer?

THX
  • #109
  • Mar 8, 2010 11:07am Mar 8, 2010 11:07am
Quoting Patreze
Setting this EA for 0.01 lot is possible, or is it hardcoded for 0.1?
I am asking this, becouse I changed lot size for 0.01 and still any trades. Was wandering if this could be a problem or should I just wait longer?

THX
I have it set to 0.02 and it is working OK. Because of the strategy of half closing at 10 or 20 pip profit and the moving the SL to breakeven for the other half then your lots should be even number.

BOB I have a question. Can we set the EA for secondary trades? I had it open for secondary trades and I thought it waits for all conditions to be met, however, it did not and opened trades when the price was not either at the top or bottom section of the chart. The curious thing is that ALL TRADES were closed at profit!

Kind Regards
  • #110
  • Mar 8, 2010 5:03pm Mar 8, 2010 5:03pm
I have to teach all morning so I will look at it this afternoon. See what is going on.
  • #111
  • Mar 8, 2010 8:43pm Mar 8, 2010 8:43pm
Even though I don't think 3.3 is entering right, it's up 270 for the day compared to a loss of 300 ver.3.2 and a loss of 82 0n 3.1. May be we shouldn't fix it.
  • #112
  • Mar 9, 2010 3:17am Mar 9, 2010 3:17am
Quoting Toothman
Even though I don't think 3.3 is entering right, it's up 270 for the day compared to a loss of 300 ver.3.2 and a loss of 82 0n 3.1. May be we shouldn't fix it.
If you add the plus 7 from the line and the spread it may look far from the line. I have only checked a couple of trades so far. If this puts you too close to the green line we may need to either extend it or not use it and just let it run.
  • #113
  • Mar 9, 2010 4:25am Mar 9, 2010 4:25am
Quoting Toothman
Even though I don't think 3.3 is entering right, it's up 270 for the day compared to a loss of 300 ver.3.2 and a loss of 82 0n 3.1. May be we shouldn't fix it.
I agree, it is not entering correctly (mainly the fourth condition top or bottom half is not in place). With previous versions there were all SL trades. Please see attached trade results for the past two days (although it is showing 1 loss trade for $0.07 I can not see it except for the ones closed for 0.00 and swap of -0.07, maybe the mt4 has gone crazy). You can note that this is a live account!

Unfortunately, I was trading in a haphazard way and did not keep a log. However, all trades were made using the EAs and with exception of couple of trades all others were secondary trades (i.e. 3 out of4 conditions were in place). I am over the moon and if this keeps up... Well what can I say!!! Maybe it is a fluke or market conditions. But as you can see the only big profit is the trade from 4th March which was running over. Also we have the double closures which may have been a conflict between the EA and the mptm.

Any comments?

Kind Regards
Attached File(s)
File Type: xls NB Ver 3.3 statement 8-9 march 2010.xls   35 KB | 313 downloads
  • #114
  • Edited 5:24am Mar 9, 2010 4:53am | Edited 5:24am
Quoting nanningbob
If you add the plus 7 from the line and the spread it may look far from the line. I have only checked a couple of trades so far. If this puts you too close to the green line we may need to either extend it or not use it and just let it run.
No, even considering 7 from the line plus spread, trades are entering too far from the line. Look at this chart. The green line has a value of 662 and the trade was made at 635. It looks to me that trades are opening at the beginning price of each candle instead of waiting for the line. Also, trades are closing before they get to TP line . I don't think it should have made any of these trades. So something in the code is opening a new trade at the open of each candle.
Attached Image (click to enlarge)
Click to Enlarge Name: b3.gif Size: 19 KB
  • #115
  • Mar 9, 2010 5:35am Mar 9, 2010 5:35am
Checking other charts , looks like all trades are opening at the beginning of each bar. Both buy and sell ( 101 and 201) EA's are doing this. Here's another chart of a sell opening at candle open and closing too early. Don't know if it's just market conditions but 3.3 is at +445 in 36 hours . Maybe we should compare this code with the corrected code(when it's corrected) and see which is more profitable. 3.1 and 3.2 are in the negative so far this week.
Attached Image (click to enlarge)
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  • #116
  • Mar 9, 2010 11:32pm Mar 9, 2010 11:32pm
hi everyone

I like to pick tops and bottoms too and firstly great indicator by swingman

Just got a question may be I missed out a detail (my apologies if so), but why dont you place the order after the completion of the MB Meter signal?

Generally when that happens you get a bounce so why wait for the price to move further?

Once the NB meter bar closes you can place a trade place stop loss below assigned support. The bounce from the time that NB meter occurs is already enough to get you 20-30 pips which should cover you.

I use RSI charting but the NB meter is definitely interesting also for manual trading.

g'day
  • #117
  • Mar 10, 2010 3:21am Mar 10, 2010 3:21am
Quoting dfxclub
hi everyone

I like to pick tops and bottoms too and firstly great indicator by swingman

Just got a question may be I missed out a detail (my apologies if so), but why dont you place the order after the completion of the MB Meter signal?

Generally when that happens you get a bounce so why wait for the price to move further?

Once the NB meter bar closes you can place a trade place stop loss below assigned support. The bounce from the time that NB meter occurs is already enough to get you 20-30 pips which should cover you.

I use RSI charting...
Thank you the 3.1 tried that but the SL was too tight. I am seeing my SL hit enough times to prevent me from getting better profits. We have that in the 3.2 and it is winning at this point. I am about to drop the SL and just go back to my multi-level system, I think I would do better that way. In conclusion what you say may be true but you need some signal to start. I had been using above, below yellow line with a MA cross to enter. That has been profitable as I have proved in my other thread. What I am doing here is seeing if I take the high and not wait for the MA cross could I do better. So far there has not been enough testing to confirm that hypothesis. But the 3.1 and 3.2 try to do that. The 3.3 is a little more traditional in waiting for the trend to establish itself and then enter. Again I think my SL is too tight so I am going to lossen it. But before I make that conclusion I want to run it at least a week before I make any changes. You must understand a little of why I trade. I have a FT job as a school administrator so I am not home to get the entrances. I rely on an EA to place my trades and then I manage them from there. I am trying to find an EA that can also handle some of my profit. I hope it works, I think it will over time, but if it doesnt I will go back to my multi-level system. So please feel free to offer improvements and suggestions.
  • #118
  • Mar 10, 2010 3:41am Mar 10, 2010 3:41am
I am having trouble with the MPTM and trade context is busy. Once this starts it cant make its break even, is anyone else having this problem with the MPTM??
  • #119
  • Mar 10, 2010 3:48am Mar 10, 2010 3:48am
I sincerely think the SL of 30 or even 50 on 4HR TF is like a child's play, unless we drop to smaller TF to look for refined entry point, then 30 or 50 may be enough as SL. if not we may see alot of SL been hit.

but overall I credit you for the good work you are doing

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #120
  • Mar 10, 2010 5:29am Mar 10, 2010 5:29am
Quoting nanningbob
I am having trouble with the MPTM and trade context is busy. Once this starts it cant make its break even, is anyone else having this problem with the MPTM??
A 'trade context is busy' error is usually caused by a problem with the connection to your broker. There is nothing the mptm can do about this except keep trying until the fault is cleared. This error be will more frequent if you are running several EA's on the same account.

It may take quite a long time for this be resolved. Restarting MT4 is usually the fastest method.

Best of luck -
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