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Simple H1 GBPUSD EA

  • #8,961
  • Sep 14, 2010 3:15pm Sep 14, 2010 3:15pm
Quoting Elovv
Very long time ) I still trade Geoffs original system without sma 197. What I can remember profit whas bigger but drawdown also bigger.
But much more trades. I´m up 55% since start.

Best wishes

Elovv
Wonderful! I've often thought about that. I'm glad to hear you say so. Which one are you using?
  • #8,962
  • Sep 14, 2010 3:33pm Sep 14, 2010 3:33pm
Cable above Resistance 3 now.. I'll be very careful to

go LONG here. (about 120 pips above Pivot )
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  • #8,963
  • Sep 14, 2010 4:02pm Sep 14, 2010 4:02pm
Quoting sanyhuis
Wonderful! I've often thought about that. I'm glad to hear you say so. Which one are you using?
I use v16....but I dont think it matters, i set fast sma = slow sma = 10

If I remember corect...Geoffs backtest whas better without the sma 197 filter, better profit bur more drawdown.

I´m very glad with the original system....If it continue, well......I like my job...but if It continue I can dream about....
  • #8,964
  • Sep 14, 2010 5:29pm Sep 14, 2010 5:29pm
Quoting Elovv
I use v16....but I dont think it matters, i set fast sma = slow sma = 10
If I remember corect...Geoffs backtest whas better without the sma 197 filter, better profit bur more drawdown.
NO, you don't remember clear and "correct"
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  • #8,965
  • Sep 14, 2010 6:19pm Sep 14, 2010 6:19pm
Anybody home?
Looks like long setting up...
  • #8,966
  • Sep 14, 2010 6:20pm Sep 14, 2010 6:20pm
I am here.. always waiting for trade

Its been a while.
  • #8,967
  • Sep 14, 2010 6:22pm Sep 14, 2010 6:22pm
Quoting tommycz
I am here.. always waiting for trade

Its been a while.
Mkt is trending now. So ea should start trading again.
  • #8,968
  • Sep 14, 2010 6:32pm Sep 14, 2010 6:32pm
Quoting jiva34
Mkt is trending now. So ea should start trading again.

Both SMA point up, but I got 1 thumb up and 2 down,

whatever that means
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  • #8,969
  • Sep 14, 2010 6:54pm Sep 14, 2010 6:54pm
mig live no trade
goodnight to all
  • #8,970
  • Edited Sep 15, 2010 9:21pm Sep 14, 2010 9:26pm | Edited Sep 15, 2010 9:21pm
Quoting geoffb65
Yes, I use +2 all year round!

Hi Geoff,
You use +2 all year round ?? Is there no changes between summer time and winter time by alpari classic account??


And, everyone here,
Is there no trades from 1st Sep(big loss) by using Tokyo_GBPUSD_v17a.ex4 ??
  • #8,971
  • Sep 15, 2010 6:28am Sep 15, 2010 6:28am
Heh I knew it YEN! bought it yesterday.. Wake up and it's up

200 pips - Intervention.. From now on it's safe to buy below

84 and average down. IMHO.
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  • #8,972
  • Sep 15, 2010 10:05am Sep 15, 2010 10:05am
Quoting Elovv
I use v16....but I dont think it matters, i set fast sma = slow sma = 10

If I remember corect...Geoffs backtest whas better without the sma 197 filter, better profit bur more drawdown.

I´m very glad with the original system....If it continue, well......I like my job...but if It continue I can dream about....
Elovv,

I did a back test with 16 today and it showed the same losses without the 197 that we had with the 197 and you had more trades. So you're right. The profit is higher.
Something to think about.
  • #8,973
  • Sep 15, 2010 10:17am Sep 15, 2010 10:17am
Quoting sanyhuis
Elovv,

I did a back test with 16 today and it showed the same losses without the 197 that we had with the 197 and you had more trades. So you're right. The profit is higher.
Something to think about.
Why use v16? when you can set SMA fast to 10 and slow to perhaps

17/24/34 you choose.. Lower number for slow SMA will produce higher

# of trades but also some loses over longer period of back test.

I like sma 30 for now... YTD no losses.. Will trade that..
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  • #8,974
  • Edited 12:53pm Sep 15, 2010 12:13pm | Edited 12:53pm
Quoting SkyzerFX
Why use v16? when you can set SMA fast to 10 and slow to perhaps

17/24/34 you choose.. Lower number for slow SMA will produce higher

# of trades but also some loses over longer period of back test.

I like sma 30 for now... YTD no losses.. Will trade that..
Sky, Thanks. I will test it now.
  • #8,975
  • Sep 15, 2010 12:26pm Sep 15, 2010 12:26pm
Sky,
When I do backtest with 10 & 30, I get two recent losses YTD.
  • #8,976
  • Sep 15, 2010 12:52pm Sep 15, 2010 12:52pm
Quoting SkyzerFX
Why use v16? when you can set SMA fast to 10 and slow to perhaps

17/24/34 you choose.. Lower number for slow SMA will produce higher

# of trades but also some loses over longer period of back test.

I like sma 30 for now... YTD no losses.. Will trade that..
24 did really well too Sky.
Thank you.
  • #8,977
  • Sep 15, 2010 1:27pm Sep 15, 2010 1:27pm
Quoting sanyhuis
24 did really well too Sky.
Thank you.
You're welcome.

yes, 24 very well, I'm testing on ECM with very low spreads

probably that's why no losses..
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  • #8,978
  • Sep 15, 2010 3:26pm Sep 15, 2010 3:26pm
Quoting SkyzerFX
You're welcome.

yes, 24 very well, I'm testing on ECM with very low spreads

probably that's why no losses..
Sky,
What will you trade with tonight?
  • #8,979
  • Sep 15, 2010 3:30pm Sep 15, 2010 3:30pm
Quoting sanyhuis
Sky,
What will you trade with tonight?
I did test 31 slow SMA, looks good too me.. Will stick with that from now on, -

no loss YTD..

24 SMA also no loss but little bit aggressive I think.., but

even with like 1.8 year worth of backtest (for 24 SMA) with some losses it does

come up with the higher profit after all due to the more frequent trading,

still 31 SMA, not that far behind with A bit less losses over same period

Hope it helps..

P.S: Even if both Slow and Fast SMA point to the same direction its still not guarantee

trigger for the trade, - yesterday is a good example of that, cause Fractals should line up as well.
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  • #8,980
  • Sep 15, 2010 5:47pm Sep 15, 2010 5:47pm
Quoting SkyzerFX
I did test 31 slow SMA, looks good too me.. Will stick with that from now on, -

no loss YTD..

24 SMA also no loss but little bit aggressive I think.., but

even with like 1.8 year worth of backtest (for 24 SMA) with some losses it does...
sky,
do you use IBFX for you broker?
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