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Simple H1 GBPUSD EA

  • #9,381
  • Oct 26, 2010 4:17am Oct 26, 2010 4:17am
Quoting Pipenjoyer
Hi friends,

Forex.com.Live..EA 17A, 2 orders, sma 10,197,short orders triggered at GMT 23:00. Price 1.5672.

Pipenjoyer
Hi friends,

The trades,as quoted, triggered 25 hours ago...ended with a result of 2 x 140 pip loss just 38 minutes ago.Oh....

Oke...It's usual in forex trading....be confident though...

Pipenjoyer
  • #9,382
  • Oct 26, 2010 10:52am Oct 26, 2010 10:52am
-140*3 ((
  • #9,383
  • Oct 26, 2010 11:27am Oct 26, 2010 11:27am
yea we know we can get a loss even though back test no loss for a year.
So is the market changing or is it like global warming , things will be in winning order now or maybe not, who has the magic wand.
What do we do next,
  • #9,384
  • Oct 26, 2010 3:09pm Oct 26, 2010 3:09pm
I haven't been on this thread for a while as I have been testing various steve hopwood ea's. I had stopped using tokyo 17 about 6 weeks ago when I had suffered a couple of losses over 3 months.

I am sure some of you have noticed on the forum the great work going on in the Nanningbob thread and indded the ea that Steve has coded.

I am going to try running Tokyo 17 with no stop loss but will aim to place initial recovery trades after the price drops 140pips. I am sure by manually placing the recovery trades I can adjust the tp to not only breakeven but make some pips as well. I know some of you will think it is stupid to trade without sl but with sensible mm it will make a big difference. I have been manually trading for quite some time. In the past hitting sl's always limited any profit I made. Since adopting the recovery approach my manual trading has improved significantly

Just a thought
  • #9,385
  • Oct 26, 2010 3:53pm Oct 26, 2010 3:53pm
is the recovery a manual system or can it be adapted to be automatically
I've look at what you are talking about but have not studied it.
  • #9,386
  • Oct 26, 2010 4:34pm Oct 26, 2010 4:34pm
Quoting dryclean
is the recovery a manual system or can it be adapted to be automatically
I've look at what you are talking about but have not studied it.
It can be done manually but I know Steve has coded it for several ea's. I am no good at coding or I would have tried it myself. Check out Steve's sixths ea or his Nanningbob v5 one. I am sure there is someone on here that could adapt it and I would think Steve wouldn't mind as long as we asked him first.

Paul
  • #9,387
  • Oct 26, 2010 7:05pm Oct 26, 2010 7:05pm
TDFX just opened a sell . Hope it goes south this time.
  • #9,388
  • Oct 26, 2010 8:00pm Oct 26, 2010 8:00pm
3 x short at 1.5845
  • #9,389
  • Oct 26, 2010 8:45pm Oct 26, 2010 8:45pm
TDFX , closed 22, 10 and 6, small profit to make up for the big loss yesterday
  • #9,390
  • Oct 26, 2010 9:01pm Oct 26, 2010 9:01pm
A little scary, but +72 pips live and demo FXDD. Thanks Geoff!
  • #9,391
  • Oct 26, 2010 9:29pm Oct 26, 2010 9:29pm
Same here small profit fxdd live +35 pips
alpair still short from sunday ridding it out
  • #9,392
  • Oct 26, 2010 9:56pm Oct 26, 2010 9:56pm
Quoting dryclean
Same here small profit fxdd live +35 pips
alpair still short from sunday ridding it out
What is your stop loss set at, because it went up over 200 pips since opening trade.
  • #9,393
  • Oct 27, 2010 2:16am Oct 27, 2010 2:16am
TP 3 x 30 = 90pips,thanks geoff
  • #9,394
  • Oct 27, 2010 4:02am Oct 27, 2010 4:02am
Quoting paulbt38
It can be done manually but I know Steve has coded it for several ea's. I am no good at coding or I would have tried it myself. Check out Steve's sixths ea or his Nanningbob v5 one. I am sure there is someone on here that could adapt it and I would think Steve wouldn't mind as long as we asked him first.

Paul
The recovery can be automatic and it does work very well.
  • #9,395
  • Oct 27, 2010 5:51am Oct 27, 2010 5:51am
Quoting kauaibobby
What is your stop loss set at, because it went up over 200 pips since opening trade.
I manually set my SL to the month's high which was 182 SL pips so I gave up another 126 over all to head off the SL. But it made the ea work weird I have the ea off and manually set everthing now just trying to get to BE.
  • #9,396
  • Oct 27, 2010 6:05am Oct 27, 2010 6:05am
Quoting krunofx
The recovery can be automatic and it does work very well.
Does Steve have a stand alone MPTM with recovery?
I thought I saw one somewhere but I just looked at a gazzillion post of his and did see it.
  • #9,397
  • Oct 27, 2010 6:07am Oct 27, 2010 6:07am
Hello everyboby

HELP~~HELP~~

Terrible 25th!
I want to change the setting to ORDER 1:

"The Preset Files:
#1 order set file is based on v4 with 16/197 SMA, TP 80, SL 120, TSL 9"

And I change it to "10/197 SMA, TP 22, SL 10, use Trailing false", but it does't work! What's wrong ?? And...ORDER 1 needs using trailing???
  • #9,398
  • Oct 27, 2010 6:42am Oct 27, 2010 6:42am
Quoting dryclean
Does Steve have a stand alone MPTM with recovery?
I thought I saw one somewhere but I just looked at a gazzillion post of his and did see it.
Uf, I don't recall of a standalone recovery version being in existence. It might not be too difficult to extract the recovery functionality from a Steve's bot and create one though, of course if Steve doesn't object. It would definitely be a useful to have a standalone recovery EA.
  • #9,399
  • Oct 27, 2010 7:11am Oct 27, 2010 7:11am
Quoting sherry0410

And I change it to "use Trailing false", but it does't work! What's wrong ?? And...ORDER 1 needs using trailing???

And I change it to "use Trailing false"
And...ORDER 1 needs using trailing???
it does't work!
What's wrong?Good question Trailing is False, that's what's wrong.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #9,400
  • Oct 27, 2010 7:44am Oct 27, 2010 7:44am
Quoting dryclean
Does Steve have a stand alone MPTM with recovery?
I thought I saw one somewhere but I just looked at a gazzillion post of his and did see it.
I believe the one where the link in his signature refers too is a stand-alone one, but with all the options. Maybe you can set the non-necessary to false. Haven't tried it myself.
http://www.forexfactory.com/showpost...99&postcount=1
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