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The KISS Trading System for EU M5

  • #61
  • Sep 19, 2011 2:56pm Sep 19, 2011 2:56pm
if market is choppy, you might need to set a high MinimumCandleBody length to filter out those loosing trades.
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  • #62
  • Sep 19, 2011 9:11pm Sep 19, 2011 9:11pm
Hi Xlitang, yep, the second version of the EA worked Thanks for the help. Evaluating it now.
  • #63
  • Sep 19, 2011 10:18pm Sep 19, 2011 10:18pm
Quoting rav4
Currently I am testing EUR/USD and USD/JPY with a stoploss setting of 15. However results are tumbling down for today.
Anyone has the same experience?

Regards,
Rav4
Set Stop Loss to 20 pips instead of 15 pips.
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  • #64
  • Sep 19, 2011 10:59pm Sep 19, 2011 10:59pm
Is any particular timeframe prefered?
  • #65
  • Sep 19, 2011 11:16pm Sep 19, 2011 11:16pm
Quoting 4x4profit
Is any particular timeframe prefered?
TF M5.
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  • #66
  • Sep 20, 2011 1:38am Sep 20, 2011 1:38am
Is there any particular reason for TF = 5M?

Please correct me if I'm wrong but is the difference between TF = 5M and TF = 1M in MQL is that Open[0] and Open[1] is 5 mins and 1 min apart, respectively?

cheers!
  • #67
  • Sep 20, 2011 5:55am Sep 20, 2011 5:55am
hi there, played around with this EA (KISS_V2) for few hours and noticed that after the initial trade is closed, no more new trades are placed, regardless of the market (no trades were placed in the previous 3 hours anyway). TF = 1M. any idea? thanks!
  • #68
  • Sep 20, 2011 6:54am Sep 20, 2011 6:54am
Quoting edmondZhang
hi there, played around with this EA (KISS_V2) for few hours and noticed that after the initial trade is closed, no more new trades are placed, regardless of the market (no trades were placed in the previous 3 hours anyway). TF = 1M. any idea? thanks!
It is designed for 5 minutes chart, not 1 minute chart. You will need to run it in 5 minutes charts.
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  • #69
  • Sep 20, 2011 10:10am Sep 20, 2011 10:10am
Here in the US session... Made a small tweek w/ a TP of +5. I've been monitoring it live..so no stop loss. Made some decent scalps.. take a look.
Attached Image (click to enlarge)
Click to Enlarge Name: scalp pic.gif Size: 17 KB
  • #70
  • Sep 20, 2011 10:34am Sep 20, 2011 10:34am
Thanks for sharing. We are more than happier to take 5 pips instead of losing 5 pips.


Most of my losing traders were almost hit TP 10 pips before reversed and took a loss.

revrobwimb, can you share your template with us?
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  • #71
  • Sep 20, 2011 10:46am Sep 20, 2011 10:46am
Quoting xlitang
Thanks for sharing. We are more than happier to take 5 pips instead of losing 5 pips.


Most of my losing traders were almost hit TP 10 pips before reversed and took a loss.

revrobwimb, can you share your template with us?
Sure.. here ya go. The old Barry's support resistance lines indi is discretionary.. I just like how it gives me previous S/R so I can cancel a trade and or exit if needed...

Kiss EA just got me in a trade... if all goes well that will be +35 today.
Attached File(s)
File Type: tpl kissscalpea.tpl   19 KB | 718 downloads
File Type: ex4 Support and Resistance (2).ex4   2 KB | 708 downloads
  • #72
  • Sep 20, 2011 11:10am Sep 20, 2011 11:10am
That last trade went -15 w/ a pinbar that gave me confidence that it was not gonna keep an upward thrust... sure enough it reversed. Another +5 locked in..

Oh..btw.. I turned the second trade option 'false' on the ea..

Is it ok to post these charts? Don't want to saturate the thread...just thought it might help.

Thanks,
revrobwimb
Attached Image (click to enlarge)
Click to Enlarge Name: scalp pic.gif Size: 18 KB
  • #73
  • Sep 20, 2011 11:17am Sep 20, 2011 11:17am
Absolutely yes. The charts is very helpful.

Have you tried other pairs?
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  • #74
  • Sep 20, 2011 11:21am Sep 20, 2011 11:21am
Quoting xlitang
Absolutely yes. The charts is very helpful.

Have you tried other pairs?
not yet.. I will eventually.. The low e/u spread accomodates the quick small scalps.
  • #75
  • Sep 20, 2011 11:39am Sep 20, 2011 11:39am
I had success on other pairs as well.
Attached Image (click to enlarge)
Click to Enlarge Name: KISS.GIF Size: 107 KB
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  • #76
  • Sep 20, 2011 11:53am Sep 20, 2011 11:53am
What is the equity percent function for in the ea?

Does it quit trading when you reach a certain percent?

Curious.
  • #77
  • Sep 20, 2011 11:54am Sep 20, 2011 11:54am
that function is not in place yet.
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  • #78
  • Sep 20, 2011 2:13pm Sep 20, 2011 2:13pm
i get this error message very often:

2011.09.20 21:11:29 KISS_V2 EURAUD,M5: Alert: Add Stop/Profit - Error 130: invalid stops

what is this? maybe the stop too close near the actual price?
  • #79
  • Sep 20, 2011 2:19pm Sep 20, 2011 2:19pm
that is the case. Just set Stop Loss to 20 pips.
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  • #80
  • Sep 20, 2011 2:21pm Sep 20, 2011 2:21pm
Quoting xlitang
that is the case. Just set Stop Loss to 20 pips.
changed the setting. thanks!
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