The only reason i say I RB should be 4 -9 range is bcoz i think with low RB sl will be tight. if we have a big RB sl will be loose and if it does hit even once it hurts a lot.
Renko and Ichimoku Cloud Cross 132 replies
ichimoku cloud breakout strategy 29 replies
Need an Ichimoku Stop Loss behind the cloud - EA 0 replies
The Ichimoku Cloud 4 replies
DislikedSame here. EA did not fire on multiple charts. Caught all the losses and almost none of the winsIgnored
DislikedSo this week I've used 6 pip range bars on all the 9 pairs I trade. There were 2 big losses this week: at the beginning of the week, when lots of pairs opened with a relatively big gap, and the NFP release. Before the NFP the overall gain was about 3%, same as the previous week.
I've made a spreadsheet from the exported statement, you can find it in the attachment.
The biggest loser pairs was:
EURJPY, GBPJPY
The biggest winners:
EURUSD, GBPUSD, USDCHF
Next week I'll run the EA on 2 accounts. I'll set the range bar sizes on the 2 different...Ignored
Dislikedzool did you run the ea on all days all the time or run it selectively as EJ is shown as loss with or without nfp ?? something is wrong pls chek.Ignored
Dislikedkumetto: There was NFP and some other major news out at 13:30 GMT. I had 6 positions open because I forgot to close them and shut down the EA before the release. All of them was in profit, and all of them were stopped out just before the NFP release making a huge loss overall.
I think it's not fair to blame the EA, since almost all the traders say that you should stay out of trading at Friday, and during news release, especially NFP (except if you have specialized strategy to trade the news).Ignored
DislikedUnimak please give feedback if I'm doing it the way you thinked about the range bar size. I saved the 1 minute data from my broker as a csv file, then load it into open office as a spreadsheet (excel can't handle more than 65535 rows). Then I subtracted the low value from the high value in each row, to get that minutes range.
Then I put an average function on this column to get the average range of the 1 minute chart.
>>>> once you get the difference between buy and sell you just add all the cells and divide by the number of colums you...Ignored