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Simple H1 GBPUSD EA

  • #8,841
  • Sep 1, 2010 11:02am Sep 1, 2010 11:02am
Quoting geoffb65
It requires 8 pips + spread to trigger, those that did close were on ECN with
the lower spread and then only by the skin of their teeth!
Bit confused Geoff - my TPs were not reset to 8 pips - they remained at 22pips and 50pips
- does the fail safe close the trade without resetting the TPs??

PS - I managed to close the trade at BE when the PMI came out (thank the lord)

Jav
  • #8,842
  • Edited 1:14pm Sep 1, 2010 12:03pm | Edited 1:14pm
Hi Geoff / guys

I found a best set for the Tokyo v17a. I believe that.

Can you do backtesting for tuning this set. You can set SL=120, too is good.

The best TF is M15.

Thanks,
Mr. Juliusss
Attached File(s)
File Type: txt Tokyo_v17_2orders_GMT+2_StartHour23_HourExit7_PipsExit0_TP80_notTS.txt   5 KB | 590 downloads
  • #8,843
  • Sep 1, 2010 12:04pm Sep 1, 2010 12:04pm
Quoting lawgirl21
Maybe, but I don't think so. It has not broken through 140MA..has tried 3 times, but can't seem to make it. Weekly trend is still solidly down. Time will tell.
Felt so sowwy about so much loss for some members....i emphatize

Lucky i trade manually......+60 pips..
  • #8,844
  • Sep 1, 2010 12:06pm Sep 1, 2010 12:06pm
Quoting dProf
Felt so sowwy about so much loss for some members....i emphatize

Lucky i trade manually......+60 pips..

Just the game we are playing. No need to feel sorry.
  • #8,845
  • Sep 1, 2010 12:45pm Sep 1, 2010 12:45pm
My set
Attached File(s)
File Type: zip terminetor 30+30+30 sl150.zip   1 KB | 477 downloads
  • #8,846
  • Sep 1, 2010 12:52pm Sep 1, 2010 12:52pm
Hi guys

Would be good for everyone to share their settings and togheter start tuning.

Thanks in advance.

Mr. Juliusss...
  • #8,847
  • Edited 3:42pm Sep 1, 2010 1:01pm | Edited 3:42pm
As long as the stop loss is 140, at some point it will be hit...
Toon, shmoon...
Twice in a row and get a job sweeping floors.
No offense meant to Geoff.
We love you.
But 140 stop loss is just that 140 stop loss...
I still set up.
  • #8,848
  • Sep 1, 2010 3:21pm Sep 1, 2010 3:21pm
MM 140 responds well to the secret and how to Geof seen well and exit 7 H entrance I put put provided by 6H
and with 0 profit so no problem at all backtesting ok

sorry for my English
  • #8,849
  • Sep 1, 2010 4:15pm Sep 1, 2010 4:15pm
As with others I had my s/l x's hit. Regardless I'm still (at the present time) placing that loss in my timetable as acceptable.

However, due to the market's constant dynamics changing (or actually being cyclic) there WILL be a time (as admitted by Geoff and others) that this system and it's various EA's will no longer work somewhere in the future.

The question which has been at the back of my mind (and is now a predominant thought) is exactly WHEN will one be able to tell when it stops working effectively? What would be one's criteria for evaluating this? 3 s/l's hit in the month or a week? 2 in a week? Once a week?

Whatever the definitive answer could be it will NOT be good news for the account. Guess what I'm saying is by the time we realize that it's stopped working - it may be too late to recoup losses. I'm just putting a thought out there for discussion.
  • #8,850
  • Sep 1, 2010 4:25pm Sep 1, 2010 4:25pm
Quoting Flamenco143
As with others I had my s/l x's hit....
That's like how thin is the ice?
  • #8,851
  • Sep 1, 2010 4:39pm Sep 1, 2010 4:39pm
I was not sure about last nights short trade, I let the ea take it, but watched the trade and made a few pips, but the reason was a h4 fractral was made a couple of candles before last night trade. I had a feeling it was going to turn to the up side.
fishman356
  • #8,852
  • Sep 1, 2010 6:03pm Sep 1, 2010 6:03pm
im new here..wat is the latest rules for dis method..if i going 2 used it manually, what is the rules? 10 SMA should be high,low,open or close?
can anyone help me...
  • #8,853
  • Sep 1, 2010 6:18pm Sep 1, 2010 6:18pm
Quoting aiod
im new here..wat is the latest rules for dis method..if i going 2 used it manually, what is the rules? 10 SMA should be high,low,open or close?
can anyone help me...
Hi.
Be so kind and read post#1, please.

Regards
Mac.
  • #8,854
  • Sep 1, 2010 6:18pm Sep 1, 2010 6:18pm
Quoting jiva34
But 140 stop loss is just that 140 stop loss...
I still set up.
Here is the trick, if you set

PositionMaxOpenHoursMinProfit=3 (From 8)

Then you can lower SL to 130 pips, with the same results, that's

what I'm using..

P.S

No Trade Today.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #8,855
  • Sep 1, 2010 6:48pm Sep 1, 2010 6:48pm
Alpari live no trade today.
Good night
Mac,
  • #8,856
  • Edited 7:16pm Sep 1, 2010 7:00pm | Edited 7:16pm
Added to manual short trade placed earlier.
  • #8,857
  • Sep 1, 2010 7:08pm Sep 1, 2010 7:08pm
Another day another dollar. Hit the S/L's just like everyone else.

Bad thing is something woke me up this morning and I was sitting at the monitor when it went positive. I looked and thought well it is going to be an opening london session winner. How wrong I was as I went back to bed and then woke up at my normal time way down to never recover.

Back in today and moving forward though.
  • #8,858
  • Sep 1, 2010 7:29pm Sep 1, 2010 7:29pm
Quoting CUtiger95
Another day another dollar. Hit the S/L's just like everyone else.

Bad thing is something woke me up this morning and I was sitting at the monitor when it went positive. I looked and thought well it is going to be an opening london session winner. How wrong I was as I went back to bed and then woke up at my normal time way down to never recover.

Back in today and moving forward though.
I did pretty much the same thing that you did. Checked charts in the middle of the night, saw them in profit and went back to bed. We probably should have moved to BE at that point. That's what I will do the next time, and generally have done in the past, just didn't last night...don't know why.
  • #8,859
  • Sep 1, 2010 7:57pm Sep 1, 2010 7:57pm
MIG live no trade today.

Good night
  • #8,860
  • Sep 1, 2010 9:03pm Sep 1, 2010 9:03pm
Quoting lawgirl21
I did pretty much the same thing that you did. Checked charts in the middle of the night, saw them in profit and went back to bed. We probably should have moved to BE at that point. That's what I will do the next time, and generally have done in the past, just didn't last night...don't know why.
No clue either, I looked at them and have in the past taken a small to little profit. Last night I got greedy I suspect thinking that it was going to run and if I moved the S/L to BE then that is where I would wind up. Next time no doubt after that large of a DD I will move it.

I am manually back in on the weekly trend short as well as the pre-tokyo bar down and then the tokyo bar breaking that low. We will see how it goes. Better trading to come I am sure.
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