Sixths trading - an EA by macman, Bob and Steve mk 2 | Page 64 | Forex Factory

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Sixths trading - an EA by macman, Bob and Steve mk 2

  • #1,261
  • Mar 25, 2011 6:30pm Mar 25, 2011 6:30pm
Quoting Pippopotamus
of disaster...no kidding. Clearly a great thinker.
No question in my mind......
  • #1,262
  • Mar 25, 2011 6:37pm Mar 25, 2011 6:37pm
Quoting Pippopotamus
of disaster...no kidding. Clearly a great thinker.
But we should not have allowed ourselves to reach the brink of disaster.

So easy to say.

So hard to avoid.

Hey ho. Here is to the next
  • #1,263
  • Mar 25, 2011 6:39pm Mar 25, 2011 6:39pm
If someone would direct me to the post/posts detailing how TOB calculates re-entries.
Vincit qui se vincit.
  • #1,264
  • Mar 25, 2011 6:45pm Mar 25, 2011 6:45pm
Quoting Pippopotamus
If someone would direct me to the post/posts detailing how TOB calculates re-entries.
Info in the user guide.

Basically:

 

  1. second trade is at MinPipsFromLastEntry pips from the first, assuming the conditions are correct for sending the second trade.
  2. subsequent trades depend of volatility, when going with the defaults, or depending on your inputs.


  • #1,265
  • Mar 25, 2011 6:47pm Mar 25, 2011 6:47pm
Quoting SteveHopwood
But we should not have allowed ourselves to reach the brink of disaster.

So easy to say.

So hard to avoid.

Hey ho. Here is to the next
Thanks for all your hard work Steve.....2nd "G" ....I'm done...See you tomorrow....

whip
  • #1,266
  • Edited 7:11pm Mar 25, 2011 6:56pm | Edited 7:11pm
Quoting SteveHopwood
Info in the user guide.

Basically:

 

  1. second trade is at MinPipsFromLastEntry pips from the first, assuming the conditions are correct for sending the second trade.
  2. subsequent trades depend of volatility, when going with the defaults, or depending on your inputs.

Leaving input at zero allows TOB to calculate re-entry, n'est pas? Edit...have struck gold.
Vincit qui se vincit.
  • #1,267
  • Mar 26, 2011 4:41am Mar 26, 2011 4:41am
Since there will be times when I am unable to access the markets, due to travel, I am still looking for that automated solution to a trade on the brink.
The L1 deletion automation was unable to acquire traction. I have tasted the reversal of the standard hedge. Does anyone have a kind word for hedging early with the ATR option? As Azjeff points out, the markets will face a lot of stress with four Japanese nuclear plants still out of control and impending sovereign default by several European countries, including Spain, Ireland, Italy, Portugal, and Greece. Of course, we should include England and the U.S., which are so far underwater that something has to give. Toss in another juicy war to steal oil, and we have real stress. {We do not invade countries that produce broccoli (Gerald Celente).} Whip likes to manually use the Multipurpose Trade Manager, presumably activating the option to hedge, and then hedge the hedge (although that was unstated).
Perhaps that can be included into TOB.
Glenn
  • #1,268
  • Mar 26, 2011 7:29am Mar 26, 2011 7:29am
Trades for the week almost nil. Shut down trading of new pairs until mid Wednesday to allow for recovery.
Closed Trades 9
Winning Trades 5
Losing Trades 4
Pips Gained 54

Best Regards,
  • #1,269
  • Mar 26, 2011 12:02pm Mar 26, 2011 12:02pm
Just FYI for those following the demo account I've been posting.... It took a nose dive in a last couple of days, due to being margined out (Not TOB's fault). I guess part of it has to do with trading way too many pairs ( I had it on some 20 pairs I think) combined with a lot size of 0.1 on a 10,000 account balance:

http://www.myfxbook.com/members/fxsp...chaserl2/89819

Remember Steve's warning in post one: Balls of steel guys..
  • #1,270
  • Mar 26, 2011 12:08pm Mar 26, 2011 12:08pm
Quoting doc816
Just FYI for those following the demo account I've been posting.... It took a nose dive in a last couple of days, due to being margined out (Not TOB's fault). I guess part of it has to do with trading way too many pairs ( I had it on some 20 pairs I think) combined with a lot size of 0.1 on a 10,000 account balance:

http://www.myfxbook.com/members/fxsp...chaserl2/89819

Remember Steve's warning in post one: Balls of steel guys..
Were you running Scoobs or FK's margin check?.... I can sit here and guarantee you that 25 pairs with Scoobs is no problem
  • #1,271
  • Mar 26, 2011 12:38pm Mar 26, 2011 12:38pm
Quoting hiredwhip
Were you running Scoobs or FK's margin check?.... I can sit here and guarantee you that 25 pairs with Scoobs is no problem
No, this version didn't have the margin-checks implemented at that time.
  • #1,272
  • Mar 26, 2011 12:42pm Mar 26, 2011 12:42pm
Quoting doc816
No, this version didn't have the margin-checks implemented at that time.
IMHO.....Well worth the upgrade.....EDIT = FTLR running since middle of Jan with Scoobs filter....Live acc........ Doesn't have a problem with those poor souls in Japan
  • #1,273
  • Mar 26, 2011 12:48pm Mar 26, 2011 12:48pm
Quoting hiredwhip
IMHO.....Well worth the upgrade
I agree. I'm using one of the latest versions on my live account.. So far so good. I actually had some difficulty trying to get the bot to work with margin-checks enabled, so I disabled them. I'll play around with it again.
  • #1,274
  • Mar 26, 2011 1:06pm Mar 26, 2011 1:06pm
Quoting doc816
I agree. I'm using one of the latest versions on my live account.. So far so good. I actually had some difficulty trying to get the bot to work with margin-checks enabled, so I disabled them. I'll play around with it again.
Here is the link to my control acc to my live acc since I can't get my name and acc number off my FTLR live acc so I don't post it

http://www.forexfactory.com/showpost...postcount=1046
  • #1,275
  • Mar 26, 2011 1:40pm Mar 26, 2011 1:40pm
Quoting hiredwhip
Here is the link to my control acc to my live acc since I can't get my name and acc number off my FTLR live acc so I don't post it

http://www.forexfactory.com/showpost...postcount=1046
Seems to be working like a charm. Did I read correctly in the account description that you have it on 25 pairs, on D1 charts?
  • #1,276
  • Mar 26, 2011 1:43pm Mar 26, 2011 1:43pm
Quoting doc816
Seems to be working like a charm. Did I read correctly in the account description that you have it on 25 pairs, on D1 charts?
EDIT: Nevermind, I thought we're talking about TOB
  • #1,277
  • Mar 26, 2011 1:51pm Mar 26, 2011 1:51pm
Quoting doc816
Seems to be working like a charm. Did I read correctly in the account description that you have it on 25 pairs, on D1 charts?
Yes.....EDIT= I have TOB the same way now except H1 charts.....Need a month of trials....Have only run it since last update when Steve added the Scoobs filter
  • #1,278
  • Mar 26, 2011 10:30pm Mar 26, 2011 10:30pm
whip, I know wrong thread but nobody is over at FSLR thread anymore - you use ootb for D1?
  • #1,279
  • Mar 27, 2011 5:34am Mar 27, 2011 5:34am
Quoting mobthehop
whip, I know wrong thread but nobody is over at FSLR thread anymore - you use ootb for D1?
Click on fxbook link then general tab for info
  • #1,280
  • Mar 27, 2011 6:00pm Mar 27, 2011 6:00pm
The start of a new trading week.

Good luck everybody.

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