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Trading Made Simple EA by Guess Whom

  • #2,541
  • Dec 12, 2011 8:39pm Dec 12, 2011 8:39pm
The P4L Clock is also good.

http://www.forexfactory.com/showthread.php?t=109305
Good Trading
  • #2,542
  • Dec 12, 2011 11:25pm Dec 12, 2011 11:25pm
And this is something I don't understand...
My trading hours are 1-12, and it's 00:something here, and the EA has already taken trades, any ideas?
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  • #2,543
  • Dec 12, 2011 11:45pm Dec 12, 2011 11:45pm
Quoting Pbh
And this is something I don't understand...
My trading hours are 1-12, and it's 00:something here, and the EA has already taken trades, any ideas?
If you have your evening hours at "0", that could be why its trading at "0".
  • #2,544
  • Dec 13, 2011 12:16am Dec 13, 2011 12:16am
Quoting seller9
If you have your evening hours at "0", that could be why its trading at "0".
Truth, so it would be, evening hours: 12-12?
  • #2,545
  • Edited 12:48am Dec 13, 2011 12:23am | Edited 12:48am
Today we have the FOMC statement... This will tell if the FED is doing something against this crappy environment, OR, if it's letting Europe to burn to ashes ALONE.

So it could be hugee, it's after trading hours, yeap, but it's still keen to be taken into consideration..

Expectations, market could or could not expect the FOMC is going to do something to ease the current situation... so, I will gamble on the expectation side, having in mind that they are always behind the markets to help to spread confidence... It's after the london close so anything could happen, let's see what the TMS does for itself.

ADD: Kno's courtesy

http://wallstreetexaminer.com/2011/1...he-fed-report/
  • #2,546
  • Dec 13, 2011 2:05am Dec 13, 2011 2:05am
i think ill switch my trading time to london open (not -1h) from next week...
http://img838.imageshack.us/img838/8...1213090349.jpg
  • #2,547
  • Dec 13, 2011 3:56am Dec 13, 2011 3:56am
Quoting blazko
in case somebody wants to use its own templates and just switch new sets here is the one im going to use - made on PBH templates - with:

 

  1. jumping stop and brakeven stuff OFF.
  2. Auto lot with 0.75% risk
  3. time settings to match a GMT+2 broker

Blazko,

I have been following this thread for some times with interest and was impressed with the whole group who dedicated themselves in improving the system. My lack of understanding however with the function of the .set file made me confused how the EA works. For example the old and the new set files you posted above which need to reside in the presets EA's subfolder (saved with file exention of .set) do I need to change the parameters in the user input from BE=0 to BE=1 or just drop the EA into the chart. I am confused still if I l need to download the EA where the new .set file belongs.

I appreciate your help.

Edd
  • #2,548
  • Dec 13, 2011 10:08am Dec 13, 2011 10:08am
EURJPY, the weird day saviour
SL at +40... so the jumping stop is working as I wanted, good.
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  • #2,549
  • Dec 13, 2011 10:23am Dec 13, 2011 10:23am
Quoting Pbh
Actually from the Asian close (yes, 1 hour before London open) until London end + 1 and a half hours (London close is at 11:30 EST, and we allow the EA to trade until 13:00 EST).
mh... according to this http://www.forexmarkethours.com/ or this http://www.babypips.com/school/trading-sessions.html asian session closes one hour after london opens. I hope I also could contribte to your amazing forex knowledge by this
  • #2,550
  • Dec 13, 2011 10:50am Dec 13, 2011 10:50am
Quoting pzd3mir
mh... according to this http://www.forexmarkethours.com/ or this http://www.babypips.com/school/trading-sessions.html asian session closes one hour after london opens. I hope I also could contribte to your amazing forex knowledge by this
Thanks, talking about Asia as a whole, if a 1/2 closes (Sydney) then the other half isn't worth to be called as 1 - ASIA...

What I'm trying to explain is that if a "part" (Sidney) of the Asian session stops working, then the asian session is dead... and the only session working would be "The Tokio session" but not the Asian anymore.
  • #2,551
  • Dec 13, 2011 11:02am Dec 13, 2011 11:02am
Quoting Pbh
... and the only session working would be "The Tokio session" but not the Asian anymore.
.
Attached Image
  • #2,552
  • Dec 13, 2011 11:43am Dec 13, 2011 11:43am
Quoting Pbh
Yeah, I missed a couple of trades, change your template

I just posted the one with the SL settings I wanted at first place , jumping stop, 40 pips.

Add: I'll change the results for the day to yours
i think i missunderstood this post. Instead of leaving my SL to where it was, i just cancelled it and thats what came up:

http://img267.imageshack.us/img267/7...1213184012.jpg


when ill be back from work will return to yesterday settings.


Question to everybody: did you consider staying out of EUR pairs just for now?

Question to PBH: what other pairs, despite G/J and G/U would qualify in your opinion to the same strategy?
  • #2,553
  • Dec 13, 2011 11:53am Dec 13, 2011 11:53am
ah ok, you were right then. thanks for the clarification.
  • #2,554
  • Dec 13, 2011 12:19pm Dec 13, 2011 12:19pm
Quoting blazko
i think i missunderstood this post. Instead of leaving my SL to where it was, i just cancelled it and thats what came up:

when ill be back from work will return to yesterday settings.

Question to everybody: did you consider staying out of EUR pairs just for now?

Question to PBH: what other pairs, despite G/J and G/U would qualify in your opinion to the same strategy?
I think I apply to everybody: We had a lot of news today,GB CPI, US retail numbers... and the unexpected factor, FOMC statement... everybody was waiting for the FOMC statemente, but since the retail numbers were AWFUL, we had that sell-off...

I saw this raging london open coming, and wanted to see what the EA would do... because I wanted to go long but the US retail numbers killed that expectation of mine.

And question to me: I think, it depends on the day.. 4 pairs are already a lot and enough... What I'm still hesitating about is the leverage, between 1:1 per trade to 1:2... I think we'll choose 1:2.

Pips for the day: +21.5... pretty lame, but then it's pips
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  • #2,555
  • Dec 13, 2011 6:29pm Dec 13, 2011 6:29pm
hey seller 9

thanks for all the hard work.... can you tell us please how testing is going with the new fractal version? and when might you release it?

many thanks
  • #2,556
  • Dec 13, 2011 6:45pm Dec 13, 2011 6:45pm
I have been working on 2 additional signals for the next version. One will use the last Fractal High or Low and will look to see if it is above or below the Top TMA Band or below the Bottom TMA Band. The second one is where we look to see if the PA has broken through the last fractal high or low. I have shown a couple examples below of possible ways they could be used, I leave it up to the forum to think up other ways and if they think these will be of any use. Things that look great in hindsight may not be so good in real time.
I am also redoing the the Properties settings list to hopefully make it more readable and eaiser to input your settings.

Any suggestions on these 2 additions welcome.

Ohhhhhhhhhhhhhhh, one last thing, I have renamed the EA to

Experts_Tool_Box_V1.01

Max came up with the name and since we have strayed from the TMS idea and have added so many more settings this new name may fit the EA better.

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  • #2,557
  • Dec 13, 2011 6:50pm Dec 13, 2011 6:50pm
Quoting blamshakk
hey seller 9

thanks for all the hard work.... can you tell us please how testing is going with the new fractal version? and when might you release it?

many thanks
Need a few more days to clean it up.
  • #2,558
  • Dec 13, 2011 7:30pm Dec 13, 2011 7:30pm
Quoting seller9
I have been working on 2 additional signals for the next version. One will use the last Fractal High or Low and will look to see if it is above or below the Top TMA Band or below the Bottom TMA Band. The second one is where we look to see if the PA has broken through the last fractal high or low. I have shown a couple examples below of possible ways they could be used, I leave it up to the forum to think up other ways and if they think these will be of any use. Things that look great in hindsight may not be so good in real time.
I am also redoing...
Nice work Seller9

that Fractals is gonna be a good addition for many strats can't wait to test it out

also thanks for the credits on the Name fits perfectly IMO with your EA creation Good Job and it's appreciated by many here.

EDIT: OMG....i just realised i did a Breakout on my 300 + posts should i go LONG ?
Don't forget Practice + Patience + Persistence = Profits
  • #2,559
  • Dec 13, 2011 7:43pm Dec 13, 2011 7:43pm
Quoting seller9
I have been working on 2 additional signals for the next version. One will use the last Fractal High or Low and will look to see if it is above or below the Top TMA Band or below the Bottom TMA Band. The second one is where we look to see if the PA has broken through the last fractal high or low. I have shown a couple examples below of possible ways they could be used, I leave it up to the forum to think up other ways and if they think these will be of any use. Things that look great in hindsight may not be so good in real time.
I am also redoing...

Thanks again for another very interesting addition to your already succesful creation.

I had a 13 sma (price = close) on my TMA template.

The 10 sma on your charts, is it 10 sma price = close ?

Thanks in advance.


Cheers,
Pierre.
  • #2,560
  • Edited 8:56pm Dec 13, 2011 7:48pm | Edited 8:56pm
heres a setup i have been testing last week on 1 pair EUR/JPY using the H1 - M15, now i added it to AUD/USD

please note it's a conservative style but in 5 trading days got a total of 100 pips in 5 trades, even if i had some losses it would have been small.

it's Important to note that trading any markets, try not to chase every single pip/point, also you will get losses it's part of the trading business, you just need to manage the win/loss ratio and toss the emotions aside.

i attached the set file in case some would like to test it out
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Attached File(s)
File Type: txt tms_v22_H1m15.txt   4 KB | 542 downloads
Don't forget Practice + Patience + Persistence = Profits
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