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Nanningbob 60x90 EA

  • #3,881
  • Jul 28, 2011 5:43am Jul 28, 2011 5:43am
I forgot to give my last weeks increase but is was 2.46%.
  • #3,882
  • Jul 28, 2011 10:41am Jul 28, 2011 10:41am
HI ! I'm new on this forum , but i have been reading for some time your tread and i think your EA (10.0 1H 50X150) is very good ... so i downloaded today the EA and applied him on my demo account and i got very very good results ... he has opened me 6 trades within 2 hours (i don't know if this is good ) and i managed to close them all with taking profit ... 6 trades = +23 dolars
And i must say that i applied the EA only on EURJPY and EURCAD

In addition i give u screenshots of the trades ...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurjpy2.gif Size: 10 KB
Click to Enlarge Name: eurcad.gif Size: 10 KB
  • #3,883
  • Jul 28, 2011 12:38pm Jul 28, 2011 12:38pm
Quoting Pip_Chaser
HI ! I'm new on this forum , but i have been reading for some time your tread and i think your EA (10.0 1H 50X150) is very good ... so i downloaded today the EA and applied him on my demo account and i got very very good results ... he has opened me 6 trades within 2 hours (i don't know if this is good ) and i managed to close them all with taking profit ... 6 trades = +23 dolars
And i must say that i applied the EA only on EURJPY and EURCAD

In addition i give u screenshots of the trades ...
This EA will work on any pair that is ranging but both of those pairs would be too volatile for this EA. They will often go outside the range of the EA. You should read the booklet on volatile pairs and use the less volatile pairs.
  • #3,884
  • Jul 28, 2011 10:13pm Jul 28, 2011 10:13pm
Well a fairly BE sort of week for me. Slowly closing down my trades. 8 Monday down to 2 today. Still not sure whether to close down the last two for a loss. Current DD about 175 pips. I'm not to keen on holding over the weekend
  • #3,885
  • Jul 29, 2011 3:18am Jul 29, 2011 3:18am
Quoting Frodog
Well a fairly BE sort of week for me. Slowly closing down my trades. 8 Monday down to 2 today. Still not sure whether to close down the last two for a loss. Current DD about 175 pips. I'm not to keen on holding over the weekend
Depends what pairs they are obviously USD pairs will be more affected than others. CHF and NZD are safety pairs so they could run. The others may just bounce around. I wouldnt trust my analysis though.
  • #3,886
  • Jul 29, 2011 6:30am Jul 29, 2011 6:30am
I decided to shut down my last two trades for a 1.5% loss on account. Now I'll wait for some action and then follow the trend using 10.0 Hopefully some nice straight runs after the news
  • #3,887
  • Aug 1, 2011 11:12am Aug 1, 2011 11:12am
Well, I decided to stay in when I thought they would pass something by Tuesday. After an almost anemic week all of a sudden things started going my way. The other thing I am doing is transferring from the 50x150 to the 1H CTR. When all the currencies have been changed over to CTR I will start a new thread for it. Anyway my week goes from Tuesday to Monday and I hit a high of 2.9% for the week. Here is the graph.
Attached Image (click to enlarge)
Click to Enlarge Name: DetailedStatement.gif Size: 6 KB
  • #3,888
  • Aug 1, 2011 11:17am Aug 1, 2011 11:17am
My run from July 1 to July 31 showed an increase of 8.5% of my live account. That is just over 2.1% a week as an average. I will take that from now to my retirement day. Here is the chart for that one.
Attached Image (click to enlarge)
Click to Enlarge Name: DetailedStatement.gif Size: 6 KB
  • #3,889
  • Aug 1, 2011 11:27am Aug 1, 2011 11:27am
I started my switch from 50x150 to 10.0 CTR on Monday. (Thanks to Frodog for the idea to try) Some may ask why and it is simple, I think you will get more trades back into profit quicker with CTR and the 2nd level is controlled by price action instead of just a standard 100 pip re-entry. This should make both work better in our favor. It is unfair to compare one day but the market moves today profited my account 1.7% which is absolutely phenomenal. Not all were CTR trades but the majority were and the profits were bigger. Also only closing one losing trade for the day helped. So that should not be a daily expectation but I will take it after a totally lame week last week. Take out todays profits and my account increase for 1 week would have been 1.2%. So it was a good day. I did compare the CTR entrances with the 50x150 entrances on the same pairs and the CTR just got better entrances. Some entered and went into profit almost immediately. Anyway I will start a range trading CTR thread as soon as I can clear all the old trades off the board.
  • #3,890
  • Aug 1, 2011 3:18pm Aug 1, 2011 3:18pm
Quoting nanningbob
I started my switch from 50x150 to 10.0 CTR on Monday. (Thanks to Frodog for the idea to try) Some may ask why and it is simple, I think you will get more trades back into profit quicker with CTR and the 2nd level is controlled by price action instead of just a standard 100 pip re-entry. This should make both work better in our favor. It is unfair to compare one day but the market moves today profited my account 1.7% which is absolutely phenomenal. Not all were CTR trades but the majority were and the profits were bigger. Also only closing one losing...
Did you manually closed some trades or it's all EA work?
I'd like to ask for that dual stochastic indicator for the CTR template, I've found it really useful for closing trades before they turn around.
  • #3,891
  • Aug 1, 2011 6:02pm Aug 1, 2011 6:02pm
Here is the template and CTR EA I am using live. Included is the pic of the usd/jpy so you know what the template looks like. I put arrows where I got two trades that I closed on Monday. Too bad I didnt get the sell at the top also. But for the week the usd/jpy has been treating me well. One trade went for 20 pips and the other for 60. I should have let it run a while longer to get closer to 100 but oh well. Yes I often close trade before they get to the other line. Especially when the trade is running counter to the trend angle. Then I will take it when yellow is at the top/bottom or it hits the middle BB. The USD JPY wasnt taking trades with the 50x150 so I started trading with the CTR last week live to test it. You can see where I got a trade almost every day but the profits were small.
Attached Image (click to enlarge)
Click to Enlarge Name: usd jpy.gif Size: 30 KB
Attached File(s)
File Type: zip 10.0 CTR.zip   33 KB | 732 downloads
  • #3,892
  • Aug 1, 2011 7:02pm Aug 1, 2011 7:02pm
Quoting nanningbob
Here is the template and CTR EA I am using live. Included is the pic of the usd/jpy so you know what the template looks like. I put arrows where I got two trades that I closed on Monday. Too bad I didnt get the sell at the top also. But for the week the usd/jpy has been treating me well. One trade went for 20 pips and the other for 60. I should have let it run a while longer to get closer to 100 but oh well. Yes I often close trade before they get to the other line. Especially when the trade is running counter to the trend angle. Then I will take...
Thanks man. So far, with 2 days testing the trend system and 8 days both systems I'm 5.7% positive on my closed balance and 1.7% up my equity. The range trades actually took away some profits, and then I began to only search for tren and CTR. =)
  • #3,893
  • Aug 1, 2011 8:20pm Aug 1, 2011 8:20pm
question...

say I employ re-entry rules on the CTR, what stops there being a run on the CTR (similar to how price runs along the Bollinger Band) and thus im getting far too many re-entries? or once it hits CTR does it jsut revert back to pip spacing (re-entries ever 10 pips or wateva ur settings are) like the old EA's?
Grabbing the bull by the horns!
  • #3,894
  • Aug 1, 2011 9:41pm Aug 1, 2011 9:41pm
You only get one sell and one buy on the CTR, until one of those is closed, manually or by hitting the opposite BB.
  • #3,895
  • Aug 1, 2011 10:59pm Aug 1, 2011 10:59pm
If you're caught in a run, you need to use the 10.0 recovery ea Bob has posted. It will enter a recovery trade when the 2ma is broken on the daily chart. You then set your TP at BE manually.
  • #3,896
  • Aug 2, 2011 12:23am Aug 2, 2011 12:23am
Quoting whitegoodman
question...

say I employ re-entry rules on the CTR, what stops there being a run on the CTR (similar to how price runs along the Bollinger Band) and thus im getting far too many re-entries? or once it hits CTR does it jsut revert back to pip spacing (re-entries ever 10 pips or wateva ur settings are) like the old EA's?
Dang Whitegoodman, havent seen you in ages. Where you been hiding. Anyways, welcome, you will see we have advance a long ways since the early days. As soon as our congress settles our debt dispute I will post 10.0. I just dont want a bunch of possible bad trades right out of the box.
  • #3,897
  • Aug 2, 2011 4:58am Aug 2, 2011 4:58am
Quoting nanningbob
Dang Whitegoodman, havent seen you in ages. Where you been hiding. Anyways, welcome, you will see we have advance a long ways since the early days. As soon as our congress settles our debt dispute I will post 10.0. I just dont want a bunch of possible bad trades right out of the box.
finished uni, busy working in a private fund, and soon to be off to do my masters... busy busy, im liking what i see with the CTR as its more dynamic, ill probably try and introduce that and the old 100x80 grid method (the AUDNZD version) as its less time strenuous

looking forward to whats on offer, ill brainstorm some good ideas again hopefully
Grabbing the bull by the horns!
  • #3,898
  • Aug 3, 2011 4:30am Aug 3, 2011 4:30am
I am shocked at what is happening here and I dont want to get carried away but I was averaging 2% plus a week with 50x150. With 10.0 I already have increased my account this month by 4.3%. In other words I have closed 1/2 the amount of money in 3 days with 10.0 than what I did all month with 50x150. That is scary. Compare this pic for 3 days in August with the pic from post 4888 for the month of July. The difference is the entrance moves into profit quicker on 10.0 because each EA is set to each currencies volatility. The DD is about the same so far and the profit is about the same. Interesting. One difference though is the first half of July was a smaller lot size but the Aug. lot size is the same as I used in the last half of July.
Attached Image (click to enlarge)
Click to Enlarge Name: DetailedStatementAug.gif Size: 5 KB
  • #3,899
  • Aug 3, 2011 12:24pm Aug 3, 2011 12:24pm
Quoting nanningbob
I am shocked...
Hi Bob
Your ability to breakdown complex issues into simple easily digestible bites with a natural teaching ability is what I admire in you the most.

At the end of the day you can categorize any market as either trending or ranging. IMHO to correctly identify the market and adapt the trades to the appropriate condition can be called "THE HOLY GRAIL". As you have mentioned in your booklet the tricky part is to have a sustainable measure of trend/range.

I am not using the EAs as yet but the daily charts are doing the job as intended and I suspect that your results are the norm and not just one offs.

Kind regards
  • #3,900
  • Aug 3, 2011 6:17pm Aug 3, 2011 6:17pm
Quoting astral77
Hi Bob
Your ability to breakdown complex issues into simple easily digestible bites with a natural teaching ability is what I admire in you the most.

At the end of the day you can categorize any market as either trending or ranging. IMHO to correctly identify the market and adapt the trades to the appropriate condition can be called "THE HOLY GRAIL". As you have mentioned in your booklet the tricky part is to have a sustainable measure of trend/range.

I am not using the EAs as yet but the daily charts are doing the job as intended and I suspect...
Thank you, and I have found having people like you help me is why I have gotten to this point in my trading life. I am fairly certain I will have 10.0 up and running on its own threads starting by Sunday. I will have two of them one for CTR and the other for trend trades. I think I will be able to keep up with them that way. I am finding this fairly exciting because of the simplicity and the results.
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