Nb 10.0 counter trading system

I will try to post some more tomorrow it is midnight here and time for bed. I have a MPTM at 20+10 so we will see how some of these do while I am sleeping. Night.

I dont know how I want to report yesterdays trades. The various 4H eas posted 28 complete trades. The time to report it in detail would be crazy. Anyway I used the profits on my AudUSD trades to close out .01 lot on my DD. I also am closing out other trades as the wins come in. I will not try posting any profits until I get my DD lower. I will have to think of a new way to post my daily trades. Maybe some pics will help. Dont know.

On the new EAs entrances are the same but choosing which EA is abased on the distance between the MA and 20 pips line above below the EA line. I guess we will have to practice a while to get a hang of it. I like the improved entrances though. These EAs maybe fantastic during off hours trading. Time will tell. If you have a specific question I will try to answer.

Here is a cad jpy trade for over 20 pips. I used the -10 EA here. One thing to understand is I am CT and testing so some of my entrance logic maybe faulty at this point. I posted the EAs after only 2 days testing because they seem to be working so much better than the ones I posted. Sorry if that is confusing.

This aud cad was a -10 EA but profited almost 40 pips

chf/jpy trade that just entered. -10EA buy

Here are 3 sells this time on the nzd/chf. The first two were the sell 0 EA and the 3rd +10 You can see how it got the entrance close to the MA better with the +10. All the trades were closed between 20 and 35 pip profits.

This is a gbpchf with a +10 the EA has not taken any trades recently. Maybe I need a +5 but it would seem to me that +10 would be perfect for this pair. So just one trade yesterday. The highs are right there at 7-10 pips so not quite enough to set off the EA.

Let me know if this helps. Post any questions if you need to.

usd/chf trades. 1st trade was a negative trade. Entered at the red arrow closed at the blue for a loss. 2nd red arrow was a profitable trade. So the close at the bottom can act as your SL if you wish to have one.

Hi Bob,

Wow, I love these new EAs! Thanks again for all this great stuff.

A couple of questions:

- how are you working out where to close the CT trades?

- are you actively using the sixths in your trading?

Many many thanks,

Boats

with 3MA +/- 20 pips your amount of trades will deminish drasticly, so will it still be better to curve fit?

That one is designed for the real volatile paris like gbp/nzd, eur/nzd, etc. If you dont trade them you probably would never use that one.

I have added it back to see if it helps. Not sure yet. What I am thinking is we see a sixths trade but confirm it with the daily 10.0 system. We both know the sixths system works well but if we learn to filter a couple of those runner trades we sometimes got stuck with then you really have a fantastic system.
What I want to do next is go back in time and look at some of the past trouble trades in the 6ths system and see if 10.0 would have filtered out some of the bad trades. If it does then bingo, I will meld the two together. If the + - EAs produce winners even if price is moving against you well then dang. This really gets exciting because lets say price moves up into range. You turn on the EA and later price runs up out back into the trend but the EA produces one last positive trade and then you can run with the trend instead of counter trading it. Well, I think you can see the possibilities. Lets say it closes out a winning trade instead of going into DD. I dont think I need to say more.

The high/low system was a good system but it was missing a good filter I am hoping this is the filter needed because the high low system will generate a lot more trades. I hope you realize that when I stumbled into those results yesterday on the aud/usd trade it opened up a whole new world that I have never considered before. Those trades not only saved me from having to deal with another 150+ in DD but also allowed me to close one mini-lot of the DD. I am not sure yet all that I can use with that but it sure has my mind running wild right now. I want very badly to get out of some of these AUD trades with some recovery and that thing produced that.

Third thing. During off hours from the middle USA session to the EURO open when price basically is done with its run, It rranges a lot during that time. Imagine this EA knocking down a couple of trades every day. These aren't baby pips either. I am getting a lot of 30-60 pip trades form this thing when its ranging, more if your trading with the trend and 15-30 CT. I hope you understand I am in learning mode right now.

Market is retracing and DD is coming back down. Had several decent trades. I slept to 930 this morning, we have the week off here in China. I am still trying to figure out how to report the new EAs and their results simply too many to take the time to do it individually. Any ideas??

Hi Bob,
I remember someone mentioning that you can register your trades on some website out there and it records and displays your trades in real time. Would that be an option?
Cheers,
PB

I have resisted doing that in the past because I do other forms of trading also that dont fit the system. It is one of the reasons I am having so much trouble now. Reporting the trades that fit and filtering out the trades I trade other wise. For example I took the EUR/CHF trade off of resistance today manually. Maybe I could set up a demo account and trade just the system that way. If that was possible I could do a demo, which would reflect my same live trades but include only the ones that fit the system. So I would have a demo account with the same pairs I use in range trading and a demo using the ones I use 4H CT and a demo I use trend trading. Right now they are all mixed together and would confuse the heck out of people. Right now I cant sort the different trades out and report. That would be extremely time consuming.

Hello Bob,
i played with your new 4H EAs and got a weird trade recently - any ideas why this could happen?

http://img143.imageshack.us/img143/5...1006114821.png

Bob: i think you can select what trades to show based on comment or magic number on myfxbook log (but im not 100% sure)

[quote=blazko;5017306]Hello Bob,
i played with your new 4H EAs and got a weird trade recently - any ideas why this could happen?

Hello Blazko,

I've been trading manually my own system, which is very close to NB 5.0 and basically follows the same principles (3 types of trades: trend, CT, and range), for the 12 last months (7 years forex trading)....with good results

I like H4 to take my decisions for my trades and I learnt something,very clearly: you may trust Sto(14) and Macd....so I'll never short any market when Sto(14) is above Macd ....and that was the basis of past NB systems....I still stick to them.....

Hope it helps....must say also: trend is clearly down on EU so you should recover this bad trade easily using 1,6 coef.....

Good luck with your trading

The entrance is correct. If you look at the previous candle that is where the line was when price reached that point. Price continued to move up and so the MA line with it but you had already entered. At the time the entrance was made that is where the line was. That is why I have added the EAs with the extra pip difference to get a better position. For example I used +10 EA and got a much better sell position. Just hang in there the EUR is in a nice DT now and that is a good reentry position.