Nb 1.0 trend trade system

I lost on the A/U as well. That was a short play not a long. If the first arrow is red it indicates short. Blue for long. the second gold arrow is the close on both. All you you have to do is drag the trade from your account history onto the respective chart and it will put those up there for you automatically.

I won on the e/g. That was a long play.

I use the sixth indi as I do all other indi's... just another piece of the puzzle. Sometimes PA will hit it and bounce or show that PA is extended. Other times it will blow right through and move it steadily up or down. Other times PA won't be as close to it as you'd like but it still might be a trade if other indicators say that it is.

Hope that makes sense. --Greg

Perhaps this thread has not had much action because Bob has been too busy to post more than once in a while. It's like anything where a leader has followers and if the leader disappears, the followers drift off. Bob used to have time to post his trades and that kept people interested. It may pick up again when he's back.

Yes, Greg, you're right about the "have to trade" syndrome. This is just one of those learning steps to becoming a better trader. As new traders we think, "If I don't trade, I won't make any money" instead of "If I don't trade, I won't LOSE any money" because inevitably a new trader will lose money (I did for years), and if they are cursed with good luck and actually win early without knowing why, soon all that money will disappear. Early in my trading career I had $13,000 in my account (Futures) and by following another trader increased it to over $40K, and then very quickly saw it drop down, eventually below $13K because I didn't know how to hang on to it, or how to make it on my own. Now I never risk that much, ever. I also had one successful trader tell me that successful trading should be boring and if you want excitement, go to Vegas.

I still watch this thread to see what others are doing. For me, living in California, I don't have the right time zone, or desire, to trade actively, which is why I've been working on my own EA. That way, I know exactly what it's supposed to do, and I will be able to run it while I'm asleep, during the London and early NY sessions. You can easily edit the EA you mentioned earlier by pressing the F4 key in MT4 and opening the file. If you highlight any term and press F1 it will bring up context specific help and you can go to mql4.com to learn more if you want. For a "hidden" SL you have to put an "IF" statement to see if price is greater or less than your hidden value and if so, close the trade. Don't forget to put a "fake" SL farther away in case you have another power outage.

Thanks for the encouragement. Yes, I look forward to Bob's return. His work and research has benefited me more than anything I have ever studied in this field. I've worked at becoming a trader day and night for the past nine years. I don't know exactly who said but I feel that my "years of preparation have finally met a moment of opportunity". All this, combined with a personal epiphany, has resulted in peaceful successful trading.

I've traded Bob's method with few personal tweaks off and on but in total about 2-3 weeks. The results have been well over 500 pips. I'm sold on this system. The only thing missing is the EA. Unfortunately I can't tell the difference between a line of code and a hole in the ground.

I'm looking at Steve Hopwood's Beastie EA but having trouble making it work like I want it to when manually opening my own trades. Any help would be appreciated. I'm scared to ask him. I'm afraid he'll somehow reach through the screen and give me a 3-stooges poke in the eyes and I'll never be able to trade again.

At any rate. Thanks for the encouragement. Much appreciated.

Ok, your kind pleading has weakened me. You don't want the Beastie, you want his NanningBob V1 Trend manual trading robot, which does exactly what you want. I am including it here. I am also including a .set file, zipped, with what I think your settings should be, but you need to check it.

Most of the settings you don't need to change, but make sure you understand what it's doing before you use it. The settings about opening trades don't function unless you set AutoTrading to True.

Just open your trade, then drag this EA onto the charts, and load your preset before clicking OK. (If you want to skip the second step you need to open the EA and edit the Extern lines at the top to the settings you want and then compile; it's not too hard.) This EA will place a hidden (movable) SL line at a distance above/below the swing that you decide, and place a visible moving (also movable) TP line at the TMA, although if you leave the Move with TMA = true, it will always jump back to that. I turned off the jumping stop and break even, although in my backtesting I found I actually made less if I did not use the break even. Your choice.

The EA will not function again after the trade is closed until it is removed first. Rinse and repeat.

Thanks man. I'll take a look at it...and try it Sunday evening.

I follow 14 pairs... and have not seen what I'd call a solid trade since the Sunday open. We may have a ton of trades by the end of the week.

Is there a setup approaching on aud/usd and eur/chf? Any thoughts? Thx

Not by Bob's rules. PA above 240 not below. TMA still rising some. Plus all the higher TF's are in up trends. I do like the fact that it's high on the sixths...but that's it. That 240 and middle TMA looms as possible big support. But don't listen to me...I'm a hack.

High on the sixths. PA below 240 plus 240 looks as if it could be resistance. TMA is rising but looks to be turning over. Weekly TF still in a Mashki downtrend. It might bounce off the 240 and go back down????

Hey Greg,
I am not able to have the thv info box change from chart to chart. Do you know what I am doiung wrong? Thanks for your response. BTW if you don't mind me asking...what time of day do you look for trades? I am having a hard time figuring out the when of forex and having a job too. Thanks again

DJ

DJ,

Not sure what you mean. The swiss arm dvemashki? I'll take a trade whenever there is a trade. I don't care what time of day it is. I don't think that's as important with higher TF's like the 1 hour and up. I experienced a computer crash on my trading computer and havn't got it up and running yet. This little notebook does not have my platform loaded on it. But I did do two trades last night.

+61 aud/something
-50 eur/chf

There were not any good trades sunday or monday. There are probably a lot right now and I've no computer to see them with. But, at any rate...look when ever and as much as you can. Enter, and then use a trade manager so you can walk away.

Sorry Greg about your computer but this is what I was looking for, I found it on another thread. Thanks.

DJ

Great. I'm sorry I didn't know what you meant. That little box gives you a lot of info... I like it. Got in a trade last night once I got another computer up and running. Steve's manual trading robot got me out at the opposite TMA line just as advertised (thanks Eric) while I slept. I'll post the chart later tonight.

Eur/Usd +83 pips.

That gets me to 93 pips this week. I got 270 last week with a goal of 250 per week. So I've a long way to go but I just entered a trade a few seconds ago Aud/Nzd...big spread but my stop is just about 25 pips with a potential profit of 80+. I'll take a 3-1 potential profit/loss ratio any day of the week although it's turning against me at the moment.

got stopped out (-21 pips). puts me back down to about 70+ pips for the week. waiting on eur/chf to setup. don't really see anythng else. missed the best day of trading when my computer crashed.... though I am doing well with this system... i have no luck at all.

here is the chart as promised... 83 pip win.

Just entered a trade and as soon as I put steves manual trading robot on it closed the trade. i tried two more times and each time it closed the trade as soon as i put the robot on!!! could the broker be wise???

How can you blame the broker when the problem is caused when you turn the EA on？？ All EAs do is send signals to a broker that a trade should be opened or closed and then the software on the broker's end open or closes the trade. They have no idea what your software is doing they only know they are getting a trade signal. I believe Steve has in his PDF, depending one which one you are using, that the EA should not be used with other trades. If you have a live trade going open a 2nd chart for the EA and use it.

I have a question, Is it a misnomer to say a manual trading robot. Is there such a thing????

Quote:
Originally Posted by greglegrande http://www.forexfactory.com/images/buttons/viewpost.gif
Just entered a trade and as soon as I put steves manual trading robot on it closed the trade. i tried two more times and each time it closed the trade as soon as i put the robot on!!! could the broker be wise???


I have to agree with Bob - before using an EA it is essential to understand what it can/can't do, will/won't do etc

I see so many posts regarding the use of EA's which are just plain wrong and only serve to confuse the hell out of people.

Just my $0.01 worth

Mac,

It worked beautifully for a couple of days and then all of the sudden upon my next use, in the very same way, it closed the trade. It closes on the sell side and not the buy side. Strange. How 'bout a full lots worth of an idea on how to fix this?

Bob,

As I've said before I'm a newbie as far as EA's and MT4 though I've been trading other entities for a long time so you'll have to excuse my ignorance. Your suggestion did not work. I opened a new chart, dragged the EA onto the new chart...and it closed within two seconds. Not sure why it worked for the first few days?