Geoff's Manual and Semi Automatic Trading Setup

Alex. Try it with a 140 EMA.

Hello to all;

This EA has great potential and with all the superior coding skills that has gone into it, it would be a shame to see it fall by the wayside.

All that is needed (IMHO) are some minor adjustments to the SMA settings AND an option that would allow the EA to close all trades (or pending) IF the 2 SMA crosses back above/below the 8 SMA (I will illustrate that reasoning shortly).

In a very short period of time, this EA has granted me a substantial number of "green pips" and had I been allowing it to trade on something other than microlots I would be pleased. ALTHOUGH, I will admit that there has not been enough time for too many of the inevitable losses to occur.

On this small test I set the SMA's (initially) to 2,8,16,22. The results were good but the entries were late and could have been much better. I think the better SMA settings are closer to 2,8,12,14.

Perhaps it's all better with illustration so I will do so.... beginning with a GBP/CAD chart that was up +179 pips but then lost 175 pips. This is the best example of why there needs to be a close option regarding 2/8 SMA.
Yes... I could have closed it manually but that's hardly the point.

Positive pips on AUD/JPY but late entry with those settings

Positive pips on Cad/JPY but late entry with those setings

Closed positive trades on CHF/JPY but still a little late

Heading for a win??? Better settings are in the works. (GBP/JPY

In the positive and more on the way (eur/jpy)

Good trade nearly closed but still a late entry.

TradeRunner, thanks for your interesting point of view, give some time and i will add the sma's cross close option to it

USD'JPY may "bite the dust" but could have entered 75 pips earlier .

AUD/USD in positive pips but if the 2 SMA moves above the 8 SMA, will it be stopped out?

That's it.... A better trade was NZD/USD with SMA settings of 2.8.12.14. Well... maybe better.... it all ended quick and in positive pips.

At any rate... I'm not sure the EA will take long positions as I have been waiting on USD/CAD (mostly) to see. And I'm not sure the programmer has any interest in the EA anymore.

So.... I rest my case.

Good day to all.

Good work TraderRunner.

You were a little quick on your assumption Sashasan has commented in the middle of your thread. he input that he will put the 2 over 8 cross as a close point. We will then need to test to see if it eliminates the losses. If it does this EA may be about perfect.

My Good Fellow;

I don't believe that I have been quick to assume anything (makes an ass of u & me). I was simply posting, not reading replies. I have followed this thread for a LONG time and I have the deepest respect for Sashasan.

If you would like to carry this conversation further I will be more than happy to accommodate you. If not, I have nothing further to say at this moment.

Regards

Advisor 5.3 is not tested in the tester ...

Thank you for continuing to work on this. I have not come up with SMAs that work really well but I believe it can be done.

Thanks for sharing your results, and you are correct, if sash can make the order close on the cross ,this would be a positive, and I am also having a time with the ea taking a long order, maybe sash , when he has some time, to look at this again.

fishman356

I have been trading this EA for about a month now and i'm wero profit now.
There is so many options now im not sure what is best.
I was wondering what others have there properties set and what they think will work the best.
Thankyou all for keeping this great ea and thread going.

Hi Fishman, thank you for your work on this thread.

The 197 SMA has been angled down for two weeks. So if I understand correctly, long trades would have been impossible during that time. - Dick