Stumpy1's Stress free Trading EA by SteveHopwood: D1/MA/Stoch system | Page 2 | Forex Factory

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Stumpy1's Stress free Trading EA by SteveHopwood: D1/MA/Stoch system

  • #21
  • Sep 8, 2011 5:39pm Sep 8, 2011 5:39pm
Quoting astral77
Hi Steve

Just an update on the demo progress of this EA. After around 15 trades the account balance is down by 400 pips,
My results the same thus far...chf killed a few of them that started out ok.
  • #22
  • Sep 9, 2011 12:42am Sep 9, 2011 12:42am
I have only had 5 trades ,and up 740 pips so far....though I did close down the gbp/usd ..I should have let it roll, but instinct took over...its now flatlining !!
  • #23
  • Sep 9, 2011 12:55am Sep 9, 2011 12:55am
Quoting lotv
I have only had 5 trades ,and up 740 pips so far....though I did close down the gbp/usd ..I should have let it roll, but instinct took over...its now flatlining !!
Hi PRO Fx,
How u achieve that??? Wonderful result.
Cheers.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
"Make every losing trade lesser than the winning trade. You will be the WINNER"
  • #24
  • Sep 9, 2011 3:20am Sep 9, 2011 3:20am
Quoting Fxbay
Hi PRO Fx,
How u achieve that??? Wonderful result.
Cheers.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
"Make every losing trade lesser than the winning trade. You will be the WINNER"
wed 7th eur/usd x2 18 pips....gbp/chf 195 pips...eur/aud 181 pips. and currently running 423 pips on gbp/chf..eur/aud...gbp/cadx2...and it is now 1618 hrs in perth west australia.... not had a loss yet,but might have if I had not taken off gbp/usd on wed 7th.
  • #25
  • Sep 11, 2011 8:53pm Sep 11, 2011 8:53pm
a perfect example of why this system is effective. first half of E/U tp at 170 pips, second half more than double that and still going.


PS. thanks for the kind words Astral.
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  • #26
  • Sep 12, 2011 10:25pm Sep 12, 2011 10:25pm
Hello Steve,

a candle is formed according to the price action. It helps to determine the trend.

So you are, who help us to code n choose the better and profitable trading system - without asking for return -

you are not only smart but smarter.
  • #27
  • Sep 13, 2011 2:57am Sep 13, 2011 2:57am
Quoting dazrul
Hello Steve,

a candle is formed according to the price action. It helps to determine the trend.

So you are, who help us to code n choose the better and profitable trading system - without asking for return -

you are not only smart but smarter.
Thanks. I am only the mechanic. The real credit lies with the system developer.

Not that I object to being appreciated.

Cheers.

  • #28
  • Edited 1:42pm Sep 19, 2011 1:16pm | Edited 1:42pm
Hi,

I'm testing this EA and thought to give a little feedback.
For testing purposes I run this EA on all pairs available.
It opened a buy on USD/MXN.
However the Stoch was above 60.
The SL and TP where only about 15 pips away from entry point. (4digit/5digit broker problem?)



I also have an addition I would like to suggest.

Instead of opening 2 trades of 1,5% risk each I would like to open:
1 trade of 3% with a SL of 0,5*ADR (ADR of previous 20 days).
1 pending trade of 3% at openingprice+0,5*ADR.
1 pending trade of 3% at openingprice+1*ADR.

As soon as the 1st pending trade is opened the SL of both trades should move to openingprice.
As soon as the 2nd pending trade is opened the SL of all trades should trail at 0,5*ADR.

If this is hard to do, I’m willing to pay for adjustment of the EA.
In that case, please PM me.

I hope I made the rules clear enough, otherwise please ask me; I’ll try to make clear it up.
  • #29
  • Edited 12:39am Sep 20, 2011 12:02am | Edited 12:39am
Hi Steve,
Had a couple of sell trades that opened when the stochastic was below the 40 level.
I understood the stochastic is supposed to be crossing over while it is still above the 40 level for a sell trade. Please correct me if im wrong.
Regards Pat
U won't really understand GRACE untill you fully realise you've been GRACED
  • #30
  • Sep 20, 2011 12:47am Sep 20, 2011 12:47am
Thank you Steve and Stumpy for this steady earner. Backtests look good. Only thing is I can't trade gold with it because of 130 error... any fix to this?
  • #31
  • Sep 21, 2011 9:37am Sep 21, 2011 9:37am
Interesting EA, I ran it for 2 days and closed manually for+ 400 pips, but it seems a little erratic as far as TP levels...

Looked like it would get different trades going on at same time confused. Try to use a TP from one trade on a different pair... I saw this more than once, or might not put in a TP at all on some of the 2nd lots trade.

I have to go out of town but will get back in a couple of days. Doesn't look like Steve is watching this thread very often ,

I was running it basically OOTB and I haven't really spent much time figuring it out, but just from first run it deserves more looking into...

Hopefully there will be some more input when I get back...
  • #32
  • Sep 23, 2011 3:00pm Sep 23, 2011 3:00pm
I have been running it all week and have not had that s/l problem...and its not supposed to put a TP on the 2nd trade. part of the strategy...I have it on 28 pairs in demo account at Liteforex. The only problem I initially had was the invalid stops messages that kept popping up but those eventually went away as trades began opening up...so far so good...up 700 pips floating equity. I backtested on random pairs for past year and broke even or had positive pips. i figured with many pairs and since this is trading Daily TF, this strategy is a good long term winner...
  • #33
  • Sep 23, 2011 4:47pm Sep 23, 2011 4:47pm
Quoting Tiger7F168
I have been running it all week and have not had that s/l problem...and its not supposed to put a TP on the 2nd trade. part of the strategy...I have it on 28 pairs in demo account at Liteforex. The only problem I initially had was the invalid stops messages that kept popping up but those eventually went away as trades began opening up...so far so good...up 700 pips floating equity. I backtested on random pairs for past year and broke even or had positive pips. i figured with many pairs and since this is trading Daily TF, this strategy is a good...
Glad you are enjoying yourself.

Sing out if there is anything I can do to help.

  • #34
  • Edited 11:32am Sep 26, 2011 11:01am | Edited 11:32am
Quoting Tiger7F168
I have been running it all week and have not had that s/l problem...and its not supposed to put a TP on the 2nd trade. part of the strategy...I have it on 28 pairs in demo account at Liteforex. The only problem I initially had was the invalid stops messages that kept popping up but those eventually went away as trades began opening up...so far so good...up 700 pips floating equity. I backtested on random pairs for past year and broke even or had positive pips. i figured with many pairs and since this is trading Daily TF, this strategy is a good...

Thanks for the info Tiger... I just started it up again on all pairs, will let run for the week as I will be around for most of it...

Right now I am just using OOTB settings ...will begin to look into them some more..
When I opened the EA's (about 30 minures ago) it took short trades on the eurgbp and usdjpy.


A couple of items here for Steve ...

I am going to attach my trades here to show you what I am talking about on the TP's
( I have each EA with it's own magic number)

Notice how the TP for the #2 trade on the usdjpy is showing a TP level of 0.850 which is obviously incorrect....but is same as trade #1 on the eurgbp...??
No settings altered yet. MBTrading demo acct.

Also of note is on the chart (usdjpy sell) the stoch is already in the oversold area and has been since the 13th.. ( ea was just opened 30 min prior to this screen shot)
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  • #35
  • Sep 26, 2011 8:09pm Sep 26, 2011 8:09pm
I just had a s/l wipe out on gbp/chf but it appeared to happen when I took a look at the 4hr platformon the same pair..... could be just coincidence.( or maybe too much red ned in my system)
  • #36
  • Oct 5, 2011 7:43pm Oct 5, 2011 7:43pm
Experimenting with this fascinating system on an hourly chart...let's see:
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  • #37
  • Oct 5, 2011 7:56pm Oct 5, 2011 7:56pm
Playing with this EA for about couple weeks...got me hooked to its trading concept with an award-winning EA by the Master Steve, when BullRun asked me for a link to this thread....1hr TF looks very good BullRun.

Cheers!
  • #38
  • Oct 6, 2011 3:57am Oct 6, 2011 3:57am
Quoting fchaman
Playing with this EA for about couple weeks...got me hooked to its trading concept with an award-winning EA by the Master Steve, when BullRun asked me for a link to this thread....1hr TF looks very good BullRun.

Cheers!
Hi fchaman,

Do you use the same OTB settings for H1 or have you modified them?

Thx
GG
  • #39
  • Oct 6, 2011 5:52am Oct 6, 2011 5:52am
Quoting Telac
Hi fchaman,

Do you use the same OTB settings for H1 or have you modified them?

Thx
GG
OTB
  • #40
  • Oct 6, 2011 6:23am Oct 6, 2011 6:23am
I C, I set up a demo OTB H1 12 hours ago on about 20 pairs - looooooosing so far... Obviously doesn't mean anything yet. Anyone ever tried H4?
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