DislikedHi Steve,
Just in case you missed my post on the NB V5 Auto-Trader Thread I'll copy it here.....And this is a great idea.......Ignored
Monster Muncher Manual Trading Discussion: Compliments SH 228 replies
Fib retracement line colors 0 replies
Fib Retracement 13 replies
Fib Retracement 2 replies
Fib Retracement Tool 1 reply
DislikedHi Steve,
Just in case you missed my post on the NB V5 Auto-Trader Thread I'll copy it here.....And this is a great idea.......Ignored
DislikedSo far the FTLR recovery robot has recovered 4 times successfully on different pairs. The only outstanding recovery trades are on the EUR/JPY, thanks to BOJ.
For the sake of not knowing about further manipulation by the BOJ, MPTM has been appointed to manage the EUR/JPY pair. No other positions are open so the robot is trading well.
Time will tell on how sucessfully all those central bankers will be in manipulating their currency looking forward in banking pips.Ignored
DislikedPipstrumpf
Great news... Glad to see that this bot is working for you....It's a good one....
whipIgnored
Dislikedhiredwhip,
Yes indeed it is a good one. I'm in the game for the long run so what goes up has to come down or "the trend is your friend till it will ......bend"!Ignored
DislikedThe trender's a bender.
ReEntryLinePips is back as an input. When left at zero, the bot uses Max's table to calculate the value. To override this, put in your own settings.
You will see that I have added a breakeven line. A la NB, the tp's of Recovery trades are supposed to reset if you move the line. They do, but then appear to go back to their original BE, so that bit of the code is not quite correct yet.
Not sure what is wrong, so any blunder-spotting by the code proof-readers here will be much appreciated.
Update in post 1.
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DislikedBe careful trading XXXJPY pairs with real money at the Sunday candle open.
Scoobs.Ignored
DislikedThanks for the heads up Scoobs....Haven't had the pleasure of talking to you for awhile....Lots of great information...
whipIgnored
DislikedIf the BOJ Governor resigns today then me thinks the YEN will go nuts when the markets open.
Cheers
Scoobs.Ignored
DislikedIt's an SIS hatchet job because he made insufficient interventions when we were trading the BOJ robot.
My spies and saboteurs are everywhere.
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DislikedHi Steve,
I've been doing alot of testing (when I get the time) on the FTLR thread on hedgeing the recovery trades. IMHO the recovery process has a fault in that the trend has to reverse at the start of a new candle in order to fire the recovery trade. This has been working for me 80% of the time but is ripe for a train wreck like I saw on the backtester while I was backtesting NBob V5 Auto-Trader early this AM.
The EJ went straight down 1000 points and hit an SL that I had forgotten to remove....SL= worst way to loose money there is.
There...Ignored
DislikedSteve....this pic is an after thought to help explain what I'm talking about....
A user input hedgeatpips# would be nice so it could be matched to reentrypips#....
Thanks for looking at this .....
whip
Breakeven line is there but is Blue and hard to see.Ignored
DislikedWhip,
Today is Sunday and definitely not a day to look at charts. Football yes. lol
Regards,
JeffIgnored