thanks for sharing this. Just to make it clear, so you took half load out at +8, then rest SL moved to BE (which was finally triggered), and you can either let it run or go for a larger TP at +20, +30... etc, correct?
If your SL is, say, at 15 pips, you finally get +4 on this deal (half at +8, half BE). Isn't it a little bit poor in terms of risk/reward ratio? How often does this happen?
Also, same question that someone already dropped: M1 or M5?
Many thanks in advance. Nice system.
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Hi Elizo.
yes the Rulls are same as what you said,
as you know we try to get FGE and its giving us a chance to win 8 pips easily ( mostly go 8 pips on FGE ) , the second matter is SL , SL going to place a bit over or under Pullback, by considering the size we can manage our Lot Size if pullback is small so ourSL is small then the Lot Size have to be Big , when pullback become big so Sl is Big and then we should enter by small Lot Size bye considering this when SL is very big its a trader have to decide NOT TO ENTER .
when you trade always and practice always with system, and watching higher time frame to find the market direction, you can win alot.
Well, I saw it reach 500+ pips at around 8gmt so that is about 9 hours.
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Hey, I ran this bot opened it at 11am Pacific Time, came home two trades went and stopped out at -50 pips each and another couple are going right now for a basket net loss of about 15-30 pips. This is set on the 5mTF tradereverse= false
EDIT: My apologies, When my MT4 crashed it reverted back to 1M TF, damn waste of a testing period.
Hey, I ran this bot opened it at 11am Pacific Time, came home two trades went and stopped out at -50 pips each and another couple are going right now for a basket net loss of about 15-30 pips. This is set on the 5mTF tradereverse= false
EDIT: My apologies, When my MT4 crashed it reverted back to 1M TF, damn waste of a testing period.
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I have several Yen pairs long are in dd and may be going to hit sl. Tonight is rather quiet and nothing following through. Well, it's still early and let see if major move will come in the new few hours. I am thinking to move the starttime closer to London open when there is more following through.
I have several Yen pairs long are in dd and may be going to hit sl. Tonight is rather quiet and nothing following through. Well, it's still early and let see if major move will come in the new few hours. I am thinking to move the starttime closer to London open when there is more following through.
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I did a test on 5M earlier in the day, 1 trade was a winner
other two hit 50 pip SL and others were going down even more.
At one point the "basket" was -100 pips before it went positive and then eventually negative again.
I switched over to reverse trades and made about 30 pips basket. Now i set them up again and its going up and down, all with trades reversed. Was up 20 is now down about 15.
This is something that needs to be run once a day like you said and that's it. Question is when that time is.
Also, I'm not 100% sure where this bot is taking trades.
anyone who has a profitable setting? timeframe and pair?
thanks! (",)
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hey buddy Dashlat always say that is a scalping system,so u just have to hit and run then wait for another entry major pairs i think but is working for me in EU.i have been testing it since yesterday and is been okey...but i trade it manual
Good luck
here are my stats with the second newest EA with 10pips SL, 35p TP and 6p TrailingSL.
I ran it on almost every major today (about 16 hours).
So NOW is the time to go back in history, look up trade for trade and optimize.
If you guys like to, i would participate in your evolvement.
I've realized that imho we could never get the EA to work properly.
To many important things are missing:
- trading out of the range with momentum
- taking the round numbers as S/R and not to short or long into them immediately
- trading the range-bounces
etc etc.
I'll stop the EA experiment and go for further discretionary development.
I've read we got a higher timeframe filter here somewhere. Its a nice confirmation for now but we got make some more research.
G'day Dash
Just got this 15 +10 on aussie right near news---bailed on 2nd order at that pin bar.
Just wondering if you recommend a specific trading time (playing around with the ea)
