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Simple H1 GBPUSD EA

  • #5,861
  • Jun 29, 2010 6:00am Jun 29, 2010 6:00am
Quoting Pipenjoyer
Hi Friends,


What should I do:Waiting for reversal? let go? or take the loss,stop manually right now? ....

Someone guide me please...
Thank you very much!

I love this EA,thanks!

Pipenjoyer
Luckily only my demo trade is in the red (Live having decided by itself to take a day off )

However, even if it was live I would leave it. For one thing, Cable seems to be heading North anyway. It broke through the previous resistance.

Second, I have set my risk levels to what I am comfortable with it. So if it hits the SL then so be it.

I am under no illusion that this EA or any other trading method will always win. Hence I have to be fully prepared take the full hit when (not if) it happens. Geoff has always said so himself.

So for these two reasons I'm hanging in there.
  • #5,862
  • Jun 29, 2010 6:11am Jun 29, 2010 6:11am
Quoting Spaghetti
Hi Jacob. I like your philosophy with the EA. If you go for bigger lots, do you reduce the SL for this method, or do you leave it as is?

S:

I have had enough of this EA on demo. Going live tuesday night. since I have lower t/p's, my s/l's will be lower...not sure what yet. it depends upon price action and s/r levels right before time of 23.

I will start out at .1 lots, then gradually increase over the next weeks after some profit has built up enough to handle a loss if ever occurs.

hope this helps.
jacob
  • #5,863
  • Jun 29, 2010 6:27am Jun 29, 2010 6:27am
Quoting zefred
v13 on Alpari uk live

3 orders triggered at 1:15 ( 1.50961 )
+22 +1 +10

Thanks Geoff and Piptician !!
???

I bailout yesterday at very tiny profit, (received H4 bearish

divergence signal) after that pair drops like a rock. I see there out

20 pips Max Top 1.5118 And Entry was at 1.5096 take away

spread too and you got less than 20 pips.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #5,864
  • Jun 29, 2010 6:28am Jun 29, 2010 6:28am
Quoting Pipenjoyer
Hi Friends,

My report for to day:

Forex.com. Tokyo v12, 3 order.Default TP's(22,50.80),trailing stop 22,SL 140.

--Live Acc:LONG
Triggered 23:10 at 1.5100
23:10 at 1.5100
23:11 at 1.5097
Still running .

--Demo Acc: LONG
Triggered 23:10 at 1.5100 (Took Profit 19 pips,why not 22?)
23:10 at 1.5100 (still running w/Tp 50)
23:11 at 1.5098 (still running w/Tp 80)

Price now 1.5055...


Pipenjoyer
Exactly, unless he got like 12-14 pips TSL, it's a "loss" (tactically). (Not yet, cause Cable could run back up again)

and SL should not be hit by now as pair drops about 80 pips or so..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #5,865
  • Jun 29, 2010 6:35am Jun 29, 2010 6:35am
Both ATC and FXDD, live accounts, with CamV2a, got off correctly, I assume, at .5096, and all at the same time; six positions. ATC hit TP for +22 and then prices reverted to down direction and two remaining position were out with +10 and +1, hitting their tSL. The FXDD is another story, however, as after hitting the initial TP and exiting with +22 pips ($), the Traling Stops never functioned correctly. Manually closed trades, finally, with -$3 and -$4 dollars (or pips as 1 pip = $1). Have no idea why FXDD Trailing Stops did not kick in? Was up, at one time,on all positions and should have manually closed the trades, but who knows?
  • #5,866
  • Jun 29, 2010 7:16am Jun 29, 2010 7:16am
No trade on my live IBFX account last night.
  • #5,867
  • Jun 29, 2010 7:21am Jun 29, 2010 7:21am
Did anyone find out why v13 with 2 order system takes two trades 22nd of April while all other versions don't take any trades at this date?

Thanks a lot
  • #5,868
  • Jun 29, 2010 7:35am Jun 29, 2010 7:35am
yeah,gbp/usd finally head to north,babe go go go
  • #5,869
  • Jun 29, 2010 7:39am Jun 29, 2010 7:39am
Quoting 66trader66
Have no idea why FXDD Trailing Stops did not kick in?
I moved back to v9, 2 orders only, but no TSL issues..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #5,870
  • Jun 29, 2010 7:48am Jun 29, 2010 7:48am
Quoting SkyzerFX
I moved back to v9, 2 orders only, but no TSL issues..
Hi everyone.
Not sure what is happening. None of the Tokyo versions works for me V11,V12 and V13.. i forwarded the logs files to Piptician to analyze.

I found version 9 is working very well for me and got 2 order today morning went below -60 now it is going up....UP UP UP....

Velli
  • #5,871
  • Jun 29, 2010 7:48am Jun 29, 2010 7:48am
Hope that when CB Consumer Confidence news release later will not effect the current trend
  • #5,872
  • Jun 29, 2010 8:13am Jun 29, 2010 8:13am
Does anyone have V9 they can send me. I cannot find it anywhere.
  • #5,873
  • Jun 29, 2010 8:17am Jun 29, 2010 8:17am
Found it.
  • #5,874
  • Jun 29, 2010 8:18am Jun 29, 2010 8:18am
V9

check the settings, they may not be stock....
Attached File(s)
File Type: mq4 SimpleH1_GBPUSD_EAv9.mq4   21 KB | 670 downloads
  • #5,875
  • Jun 29, 2010 8:20am Jun 29, 2010 8:20am
Thanks Tommy.
  • #5,876
  • Jun 29, 2010 8:32am Jun 29, 2010 8:32am
Someone sent me a trade record indicator for MT4. It keeps track of profits and losses both in dollar amounts and percentages.It does this on a daily, weekly, monthly, quarterly annually period and can be modified. If anyone wants it I can try to figure out how to paste it but I would need GEO's permission as this is his thread.
  • #5,877
  • Jun 29, 2010 8:35am Jun 29, 2010 8:35am
your welcome, but I see you beat me to it....

I'm only on my first cup of morning coffee... still a little slow...lol
  • #5,878
  • Jun 29, 2010 8:38am Jun 29, 2010 8:38am
Quoting gerry berard
Someone sent me a trade record indicator for MT4. It keeps track of profits and losses both in dollar amounts and percentages.It does this on a daily, weekly, monthly, quarterly annually period and can be modified. If anyone wants it I can try to figure out how to paste it but I would need GEO's permission as this is his thread.
No problem just add the .mq4 or .ex4 file as an attachment!
  • #5,879
  • Jun 29, 2010 8:40am Jun 29, 2010 8:40am
try this. I really like this indicator.



http://www.forextrackrecord.com/download.php
  • #5,880
  • Jun 29, 2010 8:45am Jun 29, 2010 8:45am
Simply open the indicator on a separate chart as it takes up a lot of real estate.
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