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Simple H1 GBPUSD EA

  • #5,241
  • Jun 21, 2010 1:24pm Jun 21, 2010 1:24pm
[quote=MacMG;3817782]
Quoting geoffb65
Well, it does use 2 SMA's and Fractals which are indicators!
Hi Geo.
I take strategy stress test on with "Monday Gap".
There is no need any explanation - read code - is definitely save strategy.
21.06.2010. audusd 2:30 0.88014 x 3
0.88234 x 1, 088514 x 1, 0.88814.
gbpusd : none
eurusd : none.

Mac.
Since you trading AUDUSD and EURUSD with it, you have no clue

what so ever what you are talking about...

About ClickBank BS comment.. I never used EA in my life for trading..

Demo and back testing only. I don't know anyone who seriously trading

EA's other than those who start trading 5 days ago and want ATM

Cash machine make then a million from $500 mini account.

NO free lunch on Forex.

End of story..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #5,242
  • Jun 21, 2010 1:31pm Jun 21, 2010 1:31pm
[quote=SkyzerFX;3818108]
Quoting MacMG

Since you trading AUDUSD and EURUSD with it, you have no clue

what so ever what you are talking about...

About ClickBank BS comment.. I never used EA in my life for trading..

Demo and back testing only. I don't know anyone who seriously trading

EA's other than those who start trading 5 days ago and want ATM

Cash machine make then a million from $500 mini account.

NO free lunch on Forex.

End of story..
It's too sad to be real.
  • #5,243
  • Jun 21, 2010 1:39pm Jun 21, 2010 1:39pm
My comment about clickbank was only to let people know that if they pay for an EA they only get 60 days to get their money back. GEO's EA is free and works for up to 2 years or more. Thanks again GEO.
  • #5,244
  • Jun 21, 2010 2:23pm Jun 21, 2010 2:23pm
Quoting gerry berard
My comment about clickbank was only to let people know that if they pay for an EA they only get 60 days to get their money back. GEO's EA is free and works for up to 2 years or more. Thanks again GEO.
  • #5,245
  • Jun 21, 2010 2:57pm Jun 21, 2010 2:57pm
I nearly doubled my FXpro account using only geoffs EA with no action on my side. Here's the graph of the latest 20 days.
Attached Image (click to enlarge)
Click to Enlarge Name: fxproStatement.gif Size: 5 KB
  • #5,246
  • Jun 21, 2010 3:01pm Jun 21, 2010 3:01pm
[quote=SkyzerFX;3818108]
Quoting MacMG

Since you trading AUDUSD and EURUSD with it, you have no clue

what so ever what you are talking about...

About ClickBank BS comment.. I never used EA in my life for trading..

Demo and back testing only. I don't know anyone who seriously trading

EA's other than those who start trading 5 days ago and want ATM

Cash machine make then a million from $500 mini account.

NO free lunch on Forex.

End of story..
not to get off on this tangent. but the above is not true. been using commercial ea for year and a half. current status Up 145% with default settings. but please lets not get on this subject!!!!! thats for another thread
  • #5,247
  • Jun 21, 2010 3:05pm Jun 21, 2010 3:05pm
[quote=garyhk;3818138]
Quoting SkyzerFX

It's too sad to be real.

Hi garyhk.

Thanks for your comments anyway.

Mac.
  • #5,248
  • Jun 21, 2010 3:05pm Jun 21, 2010 3:05pm
Quoting Emanuele
I nearly doubled my FXpro account using only geoffs EA with no action on my side. Here's the graph of the latest 20 days.
with Tokyo?
1,2 or 3 trades?
thanks
  • #5,249
  • Jun 21, 2010 3:07pm Jun 21, 2010 3:07pm
Quoting geoffb65
Also, just find out that, if you are using Money Management

And let say set it to 5% Risk, EA calculating this for Each Order

instead of for Total orders, such as 3 Order Version Tokyo opens

0.80 * 3 orders (22000k account which is about 5% for each Order open)

Instead it should calculate Total 5% risk for all orders either is 1 order

2 orders or 3 orders, total Risk must be 5% (for total # of orders, not for each).

I guess Geo, can look into that.
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  • #5,250
  • Jun 21, 2010 3:07pm Jun 21, 2010 3:07pm
Quoting gir
with Tokyo?
1,2 or 3 trades?
thanks
Ya, Tokyo 3 trades 0.1 lots.
  • #5,251
  • Jun 21, 2010 3:10pm Jun 21, 2010 3:10pm
[quote=SkyzerFX;3818108]
Quoting MacMG

Since you trading AUDUSD and EURUSD with it, you have no clue

what so ever what you are talking about...
End of story..


Hi Sky...

Thanks for your comment anyway, Sir.
Who knows who is truly right?
Say the owner of thy Bank.

Mac.
  • #5,252
  • Jun 21, 2010 3:32pm Jun 21, 2010 3:32pm
[quote=MacMG;3818420]
Quoting SkyzerFX

Hi Sky...

Thanks for your comment anyway, Sir.
Who knows who is truly right?
Say the owner of thy Bank.

Mac.
I'm not argue, but before you trade live, at least back test EU and AU

pairs for 6 month back and see what I mean. This method only works

for GBPUSD, that's all I mean.
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  • #5,253
  • Jun 21, 2010 3:39pm Jun 21, 2010 3:39pm
[quote=SkyzerFX;3818468]
Quoting MacMG

I'm not argue, but before you trade live, at least back test EU and AU

pairs for 6 month back and see what I mean. This method only works

for GBPUSD, that's all I mean.



You are simply wrong Sir.
However it is your rights.

Mac.
  • #5,254
  • Jun 21, 2010 3:43pm Jun 21, 2010 3:43pm
Hi sky..

I'm very often wrong till I'm right.
but very rare I'm loosing money, Sir.

Regards.

Mac.
  • #5,255
  • Jun 21, 2010 4:02pm Jun 21, 2010 4:02pm
...http://t0.gstatic.com/images?q=tbn:y...s-Bears-11.jpg
  • #5,256
  • Jun 21, 2010 4:18pm Jun 21, 2010 4:18pm
Quoting jiva34
...http://t0.gstatic.com/images?q=tbn:y...s-Bears-11.jpg
Doesn't look like we will get a GBPUSD trade today!
  • #5,257
  • Jun 21, 2010 5:18pm Jun 21, 2010 5:18pm
Quoting geoffb65
Doesn't look like we will get a GBPUSD trade today!
  • #5,258
  • Jun 21, 2010 6:42pm Jun 21, 2010 6:42pm
Quoting MacMG
Hi sky..
I'm very often wrong till I'm right.
but very rare I'm loosing money, Sir.
Keep trading, Dude.

Here is your 6 Month Tokyo_2 orders

EURUSD (TOP)
AUDUSD (BOTTOM)

which one you like better?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EU_Tokyo_2_default_6_month.jpg Size: 41 KB
Click to Enlarge Name: AUDUSD_Tokyo_2_default_6_month.jpg Size: 40 KB
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  • #5,259
  • Jun 21, 2010 6:49pm Jun 21, 2010 6:49pm
This is an .xls file that has been around for a while. You are given the option of standard, mini or micro account. Just enter the currency pair, risk tolerence (%), account balance and stop loss and it will calculate the number of lots to trade based on your risk tolerence. For example, if you have a $500 mini account and want to risk 1% and a 120 pip stop (v12/1), it will calculate .04 mini lots and total amount risked as $5. If you trade v12/3, you enter 140 as the stop and it calculates .03 mini lots and again $5 risked. Enter .01 because there will be three trades. You will have to enter false in UseMoneyMgmt and enable Manual_Lot_Size by entering true. Enter the calculated lots to trade in Lotsize. Hope this helps. Regards
Attached File(s)
File Type: xls Money Management Calculator.xls   37 KB | 466 downloads
  • #5,260
  • Jun 21, 2010 8:24pm Jun 21, 2010 8:24pm
Quoting SkyzerFX
if there is a way we can

monitor Market condition and say method still a live, other than just continue

trading and waiting till it's not working anymore?
One way that CTAs turn on and turn off various trading systems is a technique called "trading the equity curve" which is described in the linked PDF file:

http://tv.ino.com/media/INLV95RM/workbook.pdf

Might be tough to adapt this method to forex, but there is no doubt that using equity curve analysis as a "switch" for a system is a proven futures trading tactic.
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