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Nanningbob 60x90 EA

  • #3,841
  • Jul 12, 2011 1:30am Jul 12, 2011 1:30am
Quoting kingsurfer
Would it not be the same thing (easier, less risky, less stress and less spread and rollover) if you simply started trading where you would have stopped the first trade? Then every tick in your direction is your pip. Not that I care too much about the spread.

I think hedging should be reserved for sorting out difficult cases rather than complicating the trade from the very begining.

Just trying to contribute to this thread that I have hitherto only been taking from.

King.

Unless you use it as a trading strategy.
  • #3,842
  • Jul 12, 2011 3:02am Jul 12, 2011 3:02am
Bob is the correct recovery MA the 2x2 smoothed or L weighted? I notice the daily recovery template is L weighted but the 50x150 template when changed from H1 to D1 is smoothed
  • #3,843
  • Jul 12, 2011 6:25am Jul 12, 2011 6:25am
Quoting Frodog
Bob is the correct recovery MA the 2x2 smoothed or L weighted? I notice the daily recovery template is L weighted but the 50x150 template when changed from H1 to D1 is smoothed
Welcome to my world of testing. I am testing both smoothed for more volatile currencies and LW for lower volatile pairs. Look at both and determine which one you think would work best on the pair you are trading. Sorry about my answer but these are the things I test before opening a thread. Why 10.0 will take all summer to test. Most of my testing is the smoothed though and seems to work very well. So use that for now.
  • #3,844
  • Jul 12, 2011 11:56pm Jul 12, 2011 11:56pm
I like the idea of using the two ma's on the recovery template to see when a recovery trade is ranging. It might be worth only trading towards the red ma when recovering a trade in small increments at a time.
  • #3,845
  • Jul 13, 2011 12:11am Jul 13, 2011 12:11am
Here is my first 3 weeks results trading the new template. 50 pip hard TP. .02 standard lots on 3k real account.
Attached Image (click to enlarge)
Click to Enlarge Name: DetailedStatement.gif Size: 5 KB
  • #3,846
  • Jul 13, 2011 12:35am Jul 13, 2011 12:35am
Quoting Frodog
Here is my first 3 weeks results trading the new template. 50 pip hard TP. .02 standard lots on 3k real account.
That appears to be around 11% return in 3 weeks. Is that correct?
  • #3,847
  • Jul 13, 2011 3:42am Jul 13, 2011 3:42am
That's correct. I've traded the 10 least volatile pairs according to latest volatility list. The start was great, then you can see when I used recovery 10.0 for my BE trades, now curve on the rise again. Hopefully these results can be sustained
  • #3,848
  • Jul 13, 2011 6:48am Jul 13, 2011 6:48am
Here is my 3 weeks of trading, not quite as smooth as yours is. I interfere too much I guess. I also use a smaller ratio of lot size to account size but averaging over 2.1% a week.
Attached Image (click to enlarge)
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  • #3,849
  • Jul 13, 2011 8:01pm Jul 13, 2011 8:01pm
Quoting Frodog
I wouldn't of normally hedged the chf crosses. I thought the chf was going to go on a run so I thought I would hedge before DD got to large, as I was currently at L2 with these trades. But it turns out the run didn't happen. Oh well...

Side note.. Just realized I can up my leverage from 100:1 to 500:1 This will save having larger then needed DD due to margin requirements. .01 standard lot goes from $10 margin to $2 margin requirement
Bob how would you deal with this hedged trade? I was thinking of locking in BE on my sell trades just in case price swings at this support level. Or would you just let it go and wait for a cross of the 2ma hoping the sell trades are still in profit?
Attached Image (click to enlarge)
Click to Enlarge Name: audchf recovery.gif Size: 22 KB
  • #3,850
  • Jul 13, 2011 8:11pm Jul 13, 2011 8:11pm
Quoting Frodog
Bob how would you deal with this hedged trade? I was thinking of locking in BE on my sell trades just in case price swings at this support level. Or would you just let it go and wait for a cross of the 2ma hoping the sell trades are still in profit?
Very strong support there so close your profit trades. If they equal your negative you are BE. You can also reduce the size of your negative trade by close part of the trade. So lets say you have 20 dollars negative and 15 dollars positive. You can pocket 15 and close -15 leaving you with -5 to deal with or close -10 and keeping some profit. Then turn on the recovery EA and wait for the bounce off of support.
  • #3,851
  • Jul 13, 2011 8:15pm Jul 13, 2011 8:15pm
I would also put a buy here at support I mean this looks like a really good trade here unless there is a very strong fundamental reason not to.

I do have a buy here by the way. Looked to good as a trade.
Attached Image (click to enlarge)
Click to Enlarge Name: aud chf.gif Size: 20 KB
  • #3,852
  • Edited 10:40pm Jul 14, 2011 10:12pm | Edited 10:40pm
I took one profit yesterday for 35 pips. YAWN >>>>>>>>>>>>.
I also have no 3rd level trades.
  • #3,853
  • Jul 18, 2011 3:02am Jul 18, 2011 3:02am
Very interesting new ea Bob. The CTR range ea. It would be good if that ea could do buys and sells off the one template and be able to go 2 levels deep with 100-150 pip min re entry . That way the ea would trade similar to the 50x150 ea we are testing here, but it would be dynamic with its BB for entry and TP
  • #3,854
  • Jul 18, 2011 4:42am Jul 18, 2011 4:42am
Quoting Frodog
Very interesting new ea Bob. The CTR range ea. It would be good if that ea could do buys and sells off the one template and be able to go 2 levels deep with 100-150 pip min re entry . That way the ea would trade similar to the 50x150 ea we are testing here, but it would be dynamic with its BB for entry and TP
That would be easy to produce. Just take this EA and put the BB settings in it. There is still some more I want to do with that one but that is for tomorrow to work on.
  • #3,855
  • Jul 18, 2011 10:51am Jul 18, 2011 10:51am
Well, posted part of my 10.0 system elsewhere but the range system keeps chugging out pips. Had my best week with an account gain of 3.1%. See pic below I am thinking of upping my lots size by a penny and see what happens. With the increase of funds for the last month it will still be well within the safety zone.
Attached Image (click to enlarge)
Click to Enlarge Name: DetailedStatement.gif Size: 6 KB
  • #3,856
  • Jul 18, 2011 10:29pm Jul 18, 2011 10:29pm
Quoting nanningbob
I would also put a buy here at support I mean this looks like a really good trade here unless there is a very strong fundamental reason not to.

I do have a buy here by the way. Looked to good as a trade.
zzzzzzzzzzzzzzzzz is all I have to say about this trade. Dang at least price could go for an afternoon walk SHEEEEESH.
  • #3,857
  • Jul 18, 2011 11:04pm Jul 18, 2011 11:04pm
Quoting nanningbob
zzzzzzzzzzzzzzzzz is all I have to say about this trade. Dang at least price could go for an afternoon walk SHEEEEESH.
I ended up taking profit on my sell trades after previous post, and reduced my .05 buy down to .02. Now I'm waiting to pounce with the recovery ea.
  • #3,858
  • Jul 19, 2011 3:23am Jul 19, 2011 3:23am
Quoting Frodog
I ended up taking profit on my sell trades after previous post, and reduced my .05 buy down to .02. Now I'm waiting to pounce with the recovery ea.
When you begin to understand how to trade doing stuff like that and reducing your DD piece by piece you gain confidence in your trading and the market does not seem so dangerous.
  • #3,859
  • Jul 20, 2011 6:03pm Jul 20, 2011 6:03pm
Hi Nanningbob, I see that you have an EA which relies on COG principle. I have a few questions

1 is this a fully automated system or semi automated? I just wanted to have total control on my trades
2 what is risk to reward ratio
3 consistency %?
4 Small SL?

I guess I would figure out the latest version EA from your first post
  • #3,860
  • Jul 20, 2011 6:53pm Jul 20, 2011 6:53pm
Quoting suchi
Hi Nanningbob, I see that you have an EA which relies on COG principle. I have a few questions

1 is this a fully automated system or semi automated? I just wanted to have total control on my trades
2 what is risk to reward ratio
3 consistency %?
4 Small SL?

I guess I would figure out the latest version EA from your first post
I am using version 10.0 which is in testing phase. COG ran into last years greek news but it works fine if you stay away from big news stories. Risk, trade five cents per thousand dollars and you will not be risking very much. SL is up to you but I multi level trade and dont use SL unless extreme trading conditions. My win percentage is 1-2% of my account per week as an average. I post my percentages almost every week.
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