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  • #81
  • Sep 9, 2010 3:21pm Sep 9, 2010 3:21pm
Quoting bluemele
I can probably build an EA on this pretty easily. It may take me a week to get it done if you continue backtesting I will take note and see if I can get it to work.

I have similar EA's that I have done recently, but I am not the fastest coder...

sweet deal that would make it nice for results...
  • #82
  • Sep 9, 2010 3:25pm Sep 9, 2010 3:25pm
Quoting bpips
sweet deal that would make it nice for results...
We need something to optimize stops/profit etc..

A system that I just saw had a stop set at the last high on the 15M chart and a TP at == that stop @ 1/2 and the rest letting it ride with a trailing stop.

Hard to test manually!

Hopwood would actually be able to do this in a cinch since most of the parts are already in his EA's... He has an auto EA thread already, but I haven't kept up.... I bet that is the best best. Putting in a SL into those isn't hard, but I do believe he has an EA already thinking about it now...
We are our own best indicator.
  • #83
  • Sep 9, 2010 3:27pm Sep 9, 2010 3:27pm
What do you guys think about the NZDCHF...

I am torn.... Looks yummy, but isn't outside the green line...
We are our own best indicator.
  • #84
  • Sep 9, 2010 3:31pm Sep 9, 2010 3:31pm
great thread, subscribed
  • #85
  • Sep 9, 2010 3:43pm Sep 9, 2010 3:43pm
Quoting bluemele
What do you guys think about the NZDCHF...

I am torn.... Looks yummy, but isn't outside the green line...

Looks good to me alot of these pairs are new to me so I don't know much about volitility...

But I throw on a #7 what can happen i have to add at 200 LOL.....

thanks for the heads up
  • #86
  • Sep 9, 2010 4:02pm Sep 9, 2010 4:02pm
Quoting bluemele
What do you guys think about the NZDCHF...

I am torn.... Looks yummy, but isn't outside the green line...
I'm even in
Hero calls followed by margin calls...
  • #87
  • Sep 9, 2010 4:23pm Sep 9, 2010 4:23pm
someone an idea for eurcad? when it will retrace? -..-
Hero calls followed by margin calls...
  • #88
  • Sep 9, 2010 4:29pm Sep 9, 2010 4:29pm
this is what i got working not sure how many in the same boat.


euraud im in recovery this one is very sick and needs recovery time

audusd in recovery

nzdusd short triggered in positive

ucad long tiggered

short tiggered nzdchf

audjpy short

i had audchf but with the nzdchf tigger i took it off
  • #89
  • Sep 9, 2010 4:31pm Sep 9, 2010 4:31pm
Quoting bpips
this is what i got working not sure how many in the same boat.


euraud im in recovery this one is very sick and needs recovery time

audusd in recovery

nzdusd short triggered in positive

ucad long tiggered

short tiggered nzdchf

audjpy short

i had audchf but with the nzdchf tigger i took it off
my dudeness....
let's hunt those pips!

happy pipping! weekend is calling soon : p
Hero calls followed by margin calls...
  • #90
  • Sep 9, 2010 4:33pm Sep 9, 2010 4:33pm
Quoting PhAnTi'
my dudeness....
let's hunt those pips!

happy pipping! weekend is calling soon : p
thanx happy weekend.

this will be it for me this week
  • #91
  • Sep 9, 2010 4:52pm Sep 9, 2010 4:52pm
Quoting bluemele
I would never ever ever trade more than 5% of your total account on 1 trade.

Emotions come into play at that point. haha.... Just some advice... take it for what it is worth...
Hey blue,
I agree. I have a larger account so for every standard lot I trade with a 50 pip SL I'd be risking a little more than 1%. An EA would be sweet. To summarize what I'm doing. RWB at extremes along with price to the gold line. Trade initiated at next touch of bol.band. If price is outside of Bol. band when everything sets up, trade doesn't initiate until the 1MA(linear weighted, applied to the median price) crosses back inside the bol. band. I'm using 50TP/50SL
  • #92
  • Sep 9, 2010 10:39pm Sep 9, 2010 10:39pm
great that you guys agree with my view.

now we all know, in reality, you aren't really going to wait out for these "perfect trades". also, if EA1 & EA2 entries are giving you good results, what about the bulge trades? one can only assume those would be even better.

you still have to trade the complete system i think, just take it easy on the 2.4.2's don't fight it till the bitter end.

100% win rates on a currency in 2009 or 66% on another even only above/ below Green lines, isn't even truly necessarily. if it looks good, just take the trade, this is what i think. if you don't worry about 2.4.2, just take the trade. 50 pip or 100 is fine. i'm sure it'll work just fine.

forget about perfection, i give an example: assuming, over time, you have only have a 58% win rate at 100 TP/SL (no longer focusing on perfect trades). through all EA's, how many trades a month? 55 total? you win 32. you lose 23. using half lots only, that's 4,500usd profit in a month. if it works out for a month or two, what are you going to do? obviously increase lot size. you can figure out the rest i'm sure.

the above example is only a base. it won't be perfect obviously. you may wake up one morning, some of your trades are +135 pips, another will be -79 pips. what might one do? why close out both ofcourse..... and also, bulge trades and ea2 trades will probably have a much better hit rate than 58% in the long run. with bulge trades, it's not about the number of winners vs. losers. don't forget that with buldge trades, the wins are huge. so winning even 50% of your bulge trades, pip wise, or in absolute value, may give a mathematical edge off 70% (just a guess also)

per toothman....as for 3 Full lots....i'm not too sure about that. the lot size has to increase. but not to a point that you're gonna get itchy fingers when a currency moves 10 pips against you on a 4h chart. 50 trades at 1.5 lots is better than 25 trades at 3 lots. what if you get caught with 3 losses in a row @ 3 full lots? we need to trade more for the edge to kick in properly.
  • #93
  • Sep 10, 2010 1:44am Sep 10, 2010 1:44am
Quoting bpips
this is what i got working not sure how many in the same boat.


euraud im in recovery this one is very sick and needs recovery time

audusd in recovery

nzdusd short triggered in positive

ucad long tiggered

short tiggered nzdchf

audjpy short

i had audchf but with the nzdchf tigger i took it off
Similar thing for me:
EURAUD L1 + L2 Recovery
EURNZD L1 + L2 Recovery
AUDCHF
AUDUSD
EURCAD
NZDUSD

Mananged to get rid of USDCHF at BE which hung around for a long time.

This has not been a great week with not many pips won. However my equity still went up 1.2% which is positive. It could have been better but I closed some profitable trades early and they went up much higher afterward. Much less than last week's 3.9%.

Both top pairs I entered into using EA3 buldge, but the timing is subjective and can be misjudged. I ended up entering way too early hence the problem got bigger quicker.

So I am sticking with clear qualified EA1 and 2 trades for now.
  • #94
  • Sep 10, 2010 4:48am Sep 10, 2010 4:48am
sick week ... : p

monday is gonna be very surprising i think
Hero calls followed by margin calls...
  • #95
  • Sep 10, 2010 6:13am Sep 10, 2010 6:13am
Quoting chiba_san
great that you guys agree with my view....
I agree with what you say as well, however, IF you can program an EA to wait patiently for the trades WHILE you continue to trade the traditional system it could make sense.

If 1% is all that he is risking that is fine.
We are our own best indicator.
  • #96
  • Sep 10, 2010 6:16am Sep 10, 2010 6:16am
ok guys...
Thursday and Friday punished me...

Attached Image (click to enlarge)
Click to Enlarge Name: grrr.JPG Size: 46 KB


(dashboard still does'nt work)

have a nice weekend ; p
Hero calls followed by margin calls...
  • #97
  • Sep 10, 2010 6:18am Sep 10, 2010 6:18am
Quoting chiba_san
great that you guys agree with my view....
Chi,
Your post gives food for thought and makes a lot of sense. When you say, go easy on the 242, you're referring to the guys not trading with a SL right? There won't be any need for the 242 if we use a SL.
  • #98
  • Sep 10, 2010 6:26am Sep 10, 2010 6:26am
Quoting Toothman
Chi,
Your post gives food for thought and makes a lot of sense. When you say, go easy on the 242, you're referring to the guys not trading with a SL right? There won't be any need for the 242 if we use a SL.
Question is what's more profitable , isn't it?! ^^
Hero calls followed by margin calls...
  • #99
  • Sep 10, 2010 7:30am Sep 10, 2010 7:30am
Quoting PhAnTi'
ok guys...
Thursday and Friday punished me...

Attachment

(dashboard still does'nt work)

have a nice weekend ; p
My pips looks even worse than yours . But I am using a tenth of your lot size. Hang in there.

I'll be happy to help with the panel. Post your problem on the panel thread.
  • #100
  • Sep 10, 2010 7:34am Sep 10, 2010 7:34am
Quoting Zr-fx
My pips looks even worse than yours . But I am using a tenth of your lot size. Hang in there.

I'll be happy to help with the panel. Post your problem on the panel thread.
got a microaccount ... FXOpen, there is no 0.01 lotsize...

1 pip = 1 cent at my acc : ]
Hero calls followed by margin calls...
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