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Simple H1 GBPUSD EA

  • #1,961
  • May 8, 2010 10:24am May 8, 2010 10:24am
Quoting SkyzerFX
Exactly, that's why each person must not ask for Settings but

instead run tests and optimize it for their own broker..

Cause with that ADX version guy have 100% win and over IBFX I

run it and it's like mountains ups and downs, so each user must

customize the settings for best results.
Agreed!

Your settings are obviously working very well for you, which is great!

I always say that my settings are what I use on Alpari, if results are not as good on other brokers it is up to the user to do his own optimising!
  • #1,962
  • May 8, 2010 10:46am May 8, 2010 10:46am
Quoting SkyzerFX
OK, here it is again for the last week, see how pair stays almost

always under 17 MA with few fake crosses..

Next time you post you charts ADD which ever MA settings you use in EA on

that Chart, so we can see why and When EA take a trade.
Thanks Skyzerfx. You're such a help! And what stop loss do you use with the 17?
  • #1,963
  • May 8, 2010 10:53am May 8, 2010 10:53am
Quoting sanyhuis
Thanks Skyzerfx. You're such a help! And what stop loss do you use with the 17?
Never mind Skyzerfx, I found it. Thanks.
  • #1,964
  • May 8, 2010 11:17am May 8, 2010 11:17am
Quoting sanyhuis
Thanks Skyzerfx. You're such a help! And what stop loss do you use with the 17?
You're welcome and Stop loss is 75

I would reduce it to 65, but don't want to touch anything since it's working

good as is.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #1,965
  • May 8, 2010 11:46am May 8, 2010 11:46am
Hi

If you will hedge with IBFX you can open two accounts. If trade not has hit sl/tp for 24 hour and you see that next trade will be in opposite direction start EA on the second account.

I have three IBFX miniaccounts.

I dont think EA will have trades open more than 24 hour often.

Elovv
  • #1,966
  • May 8, 2010 11:52am May 8, 2010 11:52am
Oops .......

I can't think of any Indian God....

Need to get back to some mythology books to brush my knowledge ... Lol

Ganesh ( Ganesh is the name of Elephant god in India )
The One Who Makes The Thunder Roar Also Hears A Butterfly Sigh - Ruzbeh
  • #1,967
  • May 8, 2010 11:59am May 8, 2010 11:59am
Quoting Kerst
How about a variation: Simple H1 Prophet or SHIP
I think everyone can see the easy play on words that using 'prophet' brings, so this ship could help bring us there.

Kerst
Ship is good!
  • #1,968
  • May 8, 2010 12:04pm May 8, 2010 12:04pm
Quoting Elovv
Hi

If you will hedge with IBFX you can open two accounts. If trade not has hit sl/tp for 24 hour and you see that next trade will be in opposite direction start EA on the second account.

I have three IBFX miniaccounts.

I dont think EA will have trades open more than 24 hour often.

Elovv
I don't think trades will carry over into the next day very often which is why I allowed hedging in the first place but I could prevent hedging from happening quite easily without effecting the performance of the EA very much.

I guess I didn't want to pander to the anti-hedging brokers!
  • #1,969
  • May 8, 2010 12:11pm May 8, 2010 12:11pm
Quoting geoffb65
I don't think trades will carry over into the next day very often which is why I allowed hedging in the first place but I could prevent hedging from happening quite easily without effecting the performance of the EA very much.

I guess I didn't want to pander to the anti-hedging brokers!
Thank you! Are they still thinking about leverage changes also?
  • #1,970
  • May 8, 2010 12:25pm May 8, 2010 12:25pm
Hi Guys

The default setting for slow sma is not disabled, is this correct?
  • #1,971
  • May 8, 2010 12:59pm May 8, 2010 12:59pm
Quoting geoffb65
Ship is good!
I suggest "Tokio Riider"
  • #1,972
  • May 8, 2010 1:04pm May 8, 2010 1:04pm
Quoting Golum
I suggest "Tokio Riider"
Good one!
  • #1,973
  • May 8, 2010 1:06pm May 8, 2010 1:06pm
Quoting kon5t
Hi Guys

The default setting for slow sma is not disabled, is this correct?
You can adjust the slow sma, is this what you wanted to know?
  • #1,974
  • May 8, 2010 1:37pm May 8, 2010 1:37pm
Hi geoffb,

Does EA work good on new version MT4 226?

Thanks
  • #1,975
  • May 8, 2010 1:44pm May 8, 2010 1:44pm
Quoting mirgi
Hi geoffb,

Does EA work good on new version MT4 226?

Thanks
Yes, I still have a demo account on 225 but my live micro account is 226!
  • #1,976
  • May 8, 2010 1:45pm May 8, 2010 1:45pm
Quoting sanyhuis
Thank you! Are they still thinking about leverage changes also?
Yes, they are crazy, how to kill a great system!
  • #1,977
  • May 8, 2010 2:12pm May 8, 2010 2:12pm
I'm voting for Tokyo Ryder. Not my first choice but it's very good.
  • #1,978
  • May 8, 2010 2:17pm May 8, 2010 2:17pm
Quoting sanyhuis
I'm voting for Tokyo Ryder. Not my first choice but it's very good.
Tokyo Ryder is good but what is your first choice?
  • #1,979
  • May 8, 2010 5:54pm May 8, 2010 5:54pm
Quoting SkyzerFX
Another thing to consider.. Looking at your chart. Place 10 EMA on the

chart and that spike would be over 10 and possibly generate Long Entry

And instead 10 EMA place 17-24 and your spike would be under the MA

and it will generate Sell instead.. Look at my Example, Chart I post it..

I got Pair sitting under 17 MA whole week, that's why EA took All Sells and win..

10 EA is too short, I mean it's maybe ok, if we Add 50 MA as well

and, if Pair above 10 and 50 then it's buy otherwise Sell

That's is why I'm using larger Time MA.. Too me 10 MA...
Thanks again SkyzerFX.
I am attaching the same chart I posted the other day but I have included the 17 EMA on the chart, as that is the EMA setting I have also used all week. As you can see the pair was well under the EMA, but the trade was opened at the bottom of the candle wick and from there the price only went up and as high as 107 pips.
Your trade, however, started way up that candle, so as the price went down it hit TP.
Any comments you can shed on this would be appreciated.
Thanks
PipBear
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd v6 - 7may10.gif Size: 79 KB
  • #1,980
  • May 8, 2010 8:10pm May 8, 2010 8:10pm
Quoting geoffb65
You can adjust the slow sma, is this what you wanted to know?
Hi, no, the slow sma is disabled by default on the v7adx, should this be enabled?
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