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Nanningbob 60x90 EA

  • #3,801
  • Jun 28, 2011 3:21am Jun 28, 2011 3:21am
Quoting Frodog
That's interesting... I just checked usd/cad range from my broker. High april 09 was 1.2713 low april 11 was .9443. Total range 3270. This would take it's volatility ranking from 1 to 5

From FEB. 2009 That is true but I did not count the rebound off of the 2008 but waited for price to settle into its current range. So I would not move to a 5 because it is not acting like a five. Make sure you use the right month.
  • #3,802
  • Jun 28, 2011 4:14am Jun 28, 2011 4:14am
Quoting nanningbob
As soon as we are all comfortable with this then I will start a new thread and all the pieces will be on pg 1 post 1. I like seeing if I am missing something first.
We are patiently waiting
  • #3,803
  • Jun 28, 2011 2:24pm Jun 28, 2011 2:24pm
Attached Image (click to enlarge)
Click to Enlarge Name: 11.jpg Size: 139 KB


hi bob
thanks for the ea
but when I load this on a 5d like FXDD and FXCM, it looks like this
I have used ur 30x20 ea and really like it
so my question is how to corret the tpl manually
  • #3,804
  • Jun 28, 2011 3:34pm Jun 28, 2011 3:34pm
Quoting cloudzy
Attachment

hi bob
thanks for the ea
but when I load this on a 5d like FXDD and FXCM, it looks like this
I have used ur 30x20 ea and really like it
so my question is how to corret the tpl manually
That is what a 4D version looks like on a 5D account. Make sure you have a 5D version.
  • #3,805
  • Jun 28, 2011 9:03pm Jun 28, 2011 9:03pm
ya,I am now testing 3 EAs.
one is 30x20 on a 4d version
and one is 180x100 4hours 5d version
one is 60x90 5d version

I have touble with 60x90 5d version,cant use it expect 3L 15M 60x90, the others
are looking like 哭脸 on the top right of' the chart

and I really like the old 30x20 system,would u plz write a 5d version

or tell me how I can correct that my self

many thanks
  • #3,806
  • Jun 28, 2011 10:10pm Jun 28, 2011 10:10pm
Quoting cloudzy
ya,I am now testing 3 EAs.
one is 30x20 on a 4d version
and one is 180x100 4hours 5d version
one is 60x90 5d version

I have touble with 60x90 5d version,cant use it expect 3L 15M 60x90, the others
are looking like 哭脸 on the top right of' the chart

and I really like the old 30x20 system,would u plz write a 5d version

or tell me how I can correct that my self

many thanks
The 30x20 system is in the AUD/NZD thread. I quit using it after Oct. 2008 because the markets are now to volatile for that system unless you are really good at recovery.
  • #3,807
  • Jun 29, 2011 12:58am Jun 29, 2011 12:58am
Nice start to the new system. I have banked 600pips so far since it was released. Current floating DD is around 470 pips
  • #3,808
  • Jun 29, 2011 11:55am Jun 29, 2011 11:55am
Hello,

I've come here from the "Nanningbob 4h trading system ver. 5.0" thread.

I've downloaded the zips but have a question that I cannot seem to find the answer to. What do the (number)x(number) stand for exactly?

Is this mainly a system for lower time frames vs the 4h system?

Which (number)x(number) would you recommend a noob start with?

Thanks!
Mark
  • #3,809
  • Jun 29, 2011 2:01pm Jun 29, 2011 2:01pm
OK, just discovered the 10.1 1hr system! I went back in time with it a bit and I love it. I think I've got the rules down just from eyeballing it.

I just threw the NB MACD over the Stochs and it is svelte. I can't wait to see where this goes. I'm going to start using this for my hourly.

Thanks!!!
  • #3,810
  • Jun 30, 2011 10:43am Jun 30, 2011 10:43am
Good test for the system, especially 10.0 recovery. 10 of my 14 trades are 2nd level. My gbp/usd trade closed in profit when I went 10.0 recovery and so did chf/jpy. So 2 for 2 so far with 10.0 recovery. 10.0 is actually the 3rd level you enter for recovery. So I dont have any 3rd level trades at this point.
  • #3,811
  • Jun 30, 2011 10:34pm Jun 30, 2011 10:34pm
I'm still trying to get my head around when to put 10.0 on the chart. At the moment I have a lot of L2 trades between 100-200 pips in the hole. If I put 10.0 on them and the market instantly turns around, my L3 trade would enter at something well under 200pips. So I would have a trade 3 levels deep and be less then 200 pips in the hole from L1. I would of thought around 200 pips min between L2 and L3?
  • #3,812
  • Jul 1, 2011 1:18am Jul 1, 2011 1:18am
Quoting Frodog
I'm still trying to get my head around when to put 10.0 on the chart. At the moment I have a lot of L2 trades between 100-200 pips in the hole. If I put 10.0 on them and the market instantly turns around, my L3 trade would enter at something well under 200pips. So I would have a trade 3 levels deep and be less then 200 pips in the hole from L1. I would of thought around 200 pips min between L2 and L3?
Here is my gbp/cad trade that is two levels deep on the daily chart an presently -245. I set up my recovery trade and when price bounces back up and crosses that blue line I will be in. Now when that happens is anyones guess. It could happen today but I doubt it, too far a distance. But if price hesitates for a day or two then that would be a great time for a reentrance. If price continues to sink I wont have a third level until price settles. My formula for now is:

first level is factor of 1.0 Lets say that is .20 lots.
2nd level factor is 1.5 so that makes L2 .30
Now the third level factor is L1 + L2 or .50
The greater the distance between L2 and L3 may change my factor. Maybe I will go .60 or higher if it gets too deep or I stay with .50 and eliminate the L1 or L2 deficit and deal with the other one later. Just depends on what you think the market is doing. I am using the less volatile currencies so price doesnt get too crazy and out of control. The pound is not dropping against other currencies so I expect it will rebound strongly here. Anyway whenever I see price has over run my EA distance I go to the daily chart and set my recovery up.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp cad.gif Size: 39 KB
  • #3,813
  • Jul 1, 2011 1:23am Jul 1, 2011 1:23am
Here is my aud/chf. I am more worried with the chf pairs because with Greece out of the way for now people may unload their chf holdings. It made a nice hedge versus the euro. Any way I wait for a clear break on the daily before I would turn on the recovery. Other wise you may get too many trades too close together.
Attached Image (click to enlarge)
Click to Enlarge Name: aud chf.gif Size: 33 KB
  • #3,814
  • Jul 1, 2011 4:34am Jul 1, 2011 4:34am
Bob I noticed your using a different recovery ea than the one you previously posted. With the aud/chf I'm using the "close buy open sell" ea. Are you still using 2 LWMA Median, Shift 3?
  • #3,815
  • Jul 1, 2011 5:25am Jul 1, 2011 5:25am
Quoting Frodog
Bob I noticed your using a different recovery ea than the one you previously posted. With the aud/chf I'm using the "close buy open sell" ea. Are you still using 2 LWMA Median, Shift 3?
Mine is a two by two. Those were suppose to be for testing with more volatile currencies and hedging. Here are the ones I am using live on my account now along with the templates. I also am looking at a new indicator using RSI crossing RVI for fun. You can look at it and see. Also included is the 6.1 sixths. It divides the screen into 6 equal parts. I know these EAs work because I have been using them live on my IBFX account.
Attached File(s)
File Type: zip 10.0 recovery.zip   27 KB | 552 downloads
  • #3,816
  • Jul 1, 2011 5:45am Jul 1, 2011 5:45am
Quoting nanningbob
Mine is a two by two. Those were suppose to be for testing with more volatile currencies and hedging. Here are the ones I am using live on my account now along with the templates. I also am looking at a new indicator using RSI crossing RVI for fun. You can look at it and see. Also included is the 6.1 sixths. It divides the screen into 6 equal parts. I know these EAs work because I have been using them live on my IBFX account.
Is this also the recovery system you recommend for the 5.3 method?
  • #3,817
  • Jul 1, 2011 5:57am Jul 1, 2011 5:57am
Thanks Bob, I have loaded the new ea onto my charts
  • #3,818
  • Jul 1, 2011 6:08am Jul 1, 2011 6:08am
Quoting MorningMania
Is this also the recovery system you recommend for the 5.3 method?
I am using this for all my recoveries but there will be some false entries like we got on the 4H charts with the more volatile currency pairs. If and when I get 10.0 up and posted I hope to have 1 reentry on any recovery trade whether you counter trade or trend trade. Range trading will be a 3rd level since the EA handles the first 2 levels so it is used differently there. That is the goal. If you get a false signal it is extremely rare to find a second false signal. The only pain is you do wait several days for the reentry most of the time but that beats the bigger DD we can experience at times. I have also revived the 6ths indicator for the daily chart. Warning you not to do buys above the high line and sells below the lowest. Other than that working on it every day at least a couple of hours.
  • #3,819
  • Jul 1, 2011 4:54pm Jul 1, 2011 4:54pm
First week of testing: Banked 800pips, floating DD 2100pips. Hopefully we get a retrace before much longer
  • #3,820
  • Jul 1, 2011 6:29pm Jul 1, 2011 6:29pm
Quoting Frodog
First week of testing: Banked 800pips, floating DD 2100pips. Hopefully we get a retrace before much longer
The on problem I see is the CHF and whether it will go on one of its big runs. With the setting aside of the Greek story now people may now take their money from it and put it back into the EURO and other currencies. At least until the next European sovereign debt story. I hope the USA begins balancing out their budget before we get into their shoes.
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