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Attachments: Ronnierott's 1 Hour Strategy
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Ronnierott's 1 Hour Strategy

  • #621
  • Apr 3, 2011 10:15am Apr 3, 2011 10:15am
Quoting nikita
roonie..thanks for your statements.. it is reassuring..
however.. remember the other time i asked you about is it not so wise to trade on the 1st day ??
coincidentally i noticed that..most of your losses or not so profitable trades come from the 1st day of trading..
for example.. 7,14,21,28
what do you think ??
It's something that could be worth monitoring....
  • #622
  • Apr 4, 2011 2:06am Apr 4, 2011 2:06am
Quoting peterporter
Hi Jubu

Is there any chance you could make the TP and SL user inputtable
I like to play with different exit strategies

Ta
Peter
Well you could do that manually, change the sl and tp. Maby in the next update i'll make them custom.

There is a pendig on E/U at 1.4251 am i correct ronnie ? Does this one hold cause it looks kind of dangerous. Did you take it ?
  • #623
  • Apr 4, 2011 2:10am Apr 4, 2011 2:10am
Quoting jubu
Well you could do that manually, change the sl and tp. Maby in the next update i'll make them custom.

There is a pendig on E/U at 1.4251 am i correct ronnie ? Does this one hold cause it looks kind of dangerous. Did you take it ?
Well its more for the backtesting with the strategy tester , than online
I cant do that manually really
  • #624
  • Apr 4, 2011 2:36am Apr 4, 2011 2:36am
Quoting peterporter
Well its more for the backtesting with the strategy tester , than online
I cant do that manually really
OK.. i'll make it more modifiable this week, i'll add the custom sl and tp, and make it work on any tf. I'll embed the ronniesignals conditions directly into it so that it wown't depend on any indicators anymore and so that you will be able to modify the ema15 to ema12(e.g.) or any other ema period for testing.

Also i did some backtesting of my own and found that ema12 is a bit more profitable than ema15. I backtested it with ema 10,11,12,13,14 and 15 on the 7 pairs that i use. Please look into that Ronnie and tell me what you think.
  • #625
  • Apr 4, 2011 3:18am Apr 4, 2011 3:18am
Hello everyone,

I hope you will all find success with this system.

Ronnie, I have a question about consecutives signals. Please have a look at the screenshot attached. A signal occured and I placed my stop order accordingly. The next candle also gives a signal, what should I do ? Move my stop order according to that new signal or simply do nothing ?

Thanks for your input.

Khad
Attached Image
  • #626
  • Apr 4, 2011 4:34am Apr 4, 2011 4:34am
Quoting jubu
OK.. i'll make it more modifiable this week, i'll add the custom sl and tp, and make it work on any tf. I'll embed the ronniesignals conditions directly into it so that it wown't depend on any indicators anymore and so that you will be able to modify the ema15 to ema12(e.g.) or any other ema period for testing.

Also i did some backtesting of my own and found that ema12 is a bit more profitable than ema15. I backtested it with ema 10,11,12,13,14 and 15 on the 7 pairs that i use. Please look into that Ronnie and tell me what you think.
Hi jubu,

Thank you for you hard work.

May I suggest another feature to include in your next update (this shouldn't be too complicated to add) ?

Ronnie wrote he usually only looks for trade setups between the hours of 0600 to 1800 GMT. However, the expert advisor trades every setup. It's ok for live trading, because you can turn it on/off but for backtesting, it would be neat if you included a "time window" parameter. Something like DontTradeBefore and DontTradeAfter.

What do you think ?

Regards,

Khad
  • #627
  • Apr 4, 2011 4:51am Apr 4, 2011 4:51am
Quoting Khad
Hi jubu,

Thank you for you hard work.

May I suggest another feature to include in your next update (this shouldn't be too complicated to add) ?

Ronnie wrote he usually only looks for trade setups between the hours of 0600 to 1800 GMT. However, the expert advisor trades every setup. It's ok for live trading, because you can turn it on/off but for backtesting, it would be neat if you included a "time window" parameter. Something like DontTradeBefore and DontTradeAfter.

What do you think ?

Regards,

Khad
OK... good thinking.. i'll add that too, if you think of something else don't hasitate to tell me..
  • #628
  • Apr 4, 2011 5:28am Apr 4, 2011 5:28am
Has everyone taken that good signal on GBPUSD

If it breaks 1.61500 its a good chance it will go up
  • #629
  • Apr 4, 2011 5:35am Apr 4, 2011 5:35am
Quoting peterporter
Has everyone taken that good signal on GBPUSD

If it breaks 1.61500 its a good chance it will go up
I'm in...

There was a signal on GBP/JPY but it was invalidated (candle closed right under the 15 EMA) so I didn't take it. Anyone did ?
  • #630
  • Apr 4, 2011 7:19am Apr 4, 2011 7:19am
EURUSD , ok but beware as it is hitting resistance
see 220311
Could bounce down again
  • #631
  • Apr 4, 2011 8:11am Apr 4, 2011 8:11am
Quoting jubu
Well you could do that manually, change the sl and tp. Maby in the next update i'll make them custom.

There is a pendig on E/U at 1.4251 am i correct ronnie ? Does this one hold cause it looks kind of dangerous. Did you take it ?

Yes, a valid setup candle.

But then price closed below 15EMA so order cancelled
  • #632
  • Apr 4, 2011 8:15am Apr 4, 2011 8:15am
Quoting Khad
Hello everyone,

I hope you will all find success with this system.

Ronnie, I have a question about consecutives signals. Please have a look at the screenshot attached. A signal occured and I placed my stop order accordingly. The next candle also gives a signal, what should I do ? Move my stop order according to that new signal or simply do nothing ?

Thanks for your input.

Khad

If it means getting in on the trade at a better price (In this case a lower entry) I would adjust my pending order
  • #633
  • Apr 4, 2011 8:22am Apr 4, 2011 8:22am
Jubu,

The EA seems to be doing all the right things.

One question though:-

The distance between the 15 EMA and the high/low of the setup candle. Is this parameter within the EA?? i.e Max 50.

The reason for the question is that I use different figures for different pairings.

E/U & G/U Max 50
U/CHF & G/J Max 30.

Could this be adjusted in the parameters??


Regards
  • #634
  • Apr 4, 2011 10:02am Apr 4, 2011 10:02am
Hello, I have been following thread for some time and trading manually. I really like the trading system and just added new EA last Friday. I have received some signals no trades yet, is this correct? Thanks
  • #635
  • Apr 4, 2011 11:37am Apr 4, 2011 11:37am
Quoting ronnierott
Jubu,

The EA seems to be doing all the right things.

One question though:-

The distance between the 15 EMA and the high/low of the setup candle. Is this parameter within the EA?? i.e Max 50.

The reason for the question is that I use different figures for different pairings.

E/U & G/U Max 50
U/CHF & G/J Max 30.

Could this be adjusted in the parameters??


Regards
Yes that parameter is within the ea, actually it is within the inicator and it's set to 50, you can not change it yet but when i will update it I will make this parameter custom too. I will probably update it tomorrow.
  • #636
  • Apr 4, 2011 2:58pm Apr 4, 2011 2:58pm
Quoting jubu
Yes that parameter is within the ea, actually it is within the inicator and it's set to 50, you can not change it yet but when i will update it I will make this parameter custom too. I will probably update it tomorrow.

Jubu,


You're a star....................
  • #637
  • Apr 4, 2011 3:08pm Apr 4, 2011 3:08pm
Quoting meanpips
Hello, I have been following thread for some time and trading manually. I really like the trading system and just added new EA last Friday. I have received some signals no trades yet, is this correct? Thanks

Hi Meanpips,

Welcome to the thread...

I'm running the EA on demo at the mo so I can compare it to the manual method.

All seems to be working ok. Today 2 trades have been placed, those being buys on G/U & E/U.
  • #638
  • Apr 5, 2011 3:52am Apr 5, 2011 3:52am
jubu..just started ur ea..
one quick questions..
will your ea have those magic numbers? or unique numbers ?
another question is.. will the ea mess up wit my manual trading orders within the same pair?

example..
EU pair.. ea placed an order.. at the same time i want to place my own manual order.. will your ea change or adjust my manual orders ??
  • #639
  • Apr 5, 2011 4:01am Apr 5, 2011 4:01am
wow...first live trade on G/U and it's winner, +100 pips.
  • #640
  • Apr 5, 2011 4:43am Apr 5, 2011 4:43am
Quoting nikita
jubu..just started ur ea..
one quick questions..
will your ea have those magic numbers? or unique numbers ?
another question is.. will the ea mess up wit my manual trading orders within the same pair?

example..
EU pair.. ea placed an order.. at the same time i want to place my own manual order.. will your ea change or adjust my manual orders ??
yes.. currently it will mess all other orders on the same pair, and by mess up i mean break even if the price goes higher than 50pips and closes above. Also it will not place the order of a signal if there's currently an opened order on that pair. It does not work with magic numbers. I'll look into that and see what i can do about it for the next update.

Also allready this week we have two winners.
G/U +100
G/J +100
E/U -52 currently but not closed
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