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Nb 10.0 trend trading system

  • #1,861
  • May 15, 2012 9:16am May 15, 2012 9:16am
Quoting bpatel111
Hi Nanningbob

I have been reading your posts and paper trading for many months. Truely awsome. I have started to use your latest 10.2 EAs and have been having problems with following pairs: CADCHF, GBPCHF and USDCHF where BUY order are not getting triggered. I am getting following error message: 2012.05.15 09:52:06 10.2 5.1 MA BUY ANY TF SHFM CADCHF,H4: CADCHF OP_BUY #10.2 Buy Nanningbob order send failed with error(129): invalid price

I have only downloaded these EA's on Friday 11th May, so I am guessing these EA's have been...
Check your True False statements for ECN and change it. 2nd make sure you are not entering any type of SL or TP. Then see if it works. When it does on a demo account check each function and see which one is causing you a problem. For example just try to get it to enter a trade with nothing else on. Then if it doesnt work change a ECN to true or false and see what happens. Since these will work on any TF you can practice on a 1M chart and test it quickly.
  • #1,862
  • May 15, 2012 9:19am May 15, 2012 9:19am
Quoting Vanatur
Hi everybody,

I need your help guys, please.
It's kind of a strange situation. When i put 5.1 MA sell EA on chart when the price is below MA blue instead of selling it executes buy order. Please see the attached pic.
What am I doing wrong? I don't think the EA has a bag.
The very first day EAs were wrong but have been updated since then. Are you using the present ones from pg 1 post 1 now??
  • #1,863
  • May 15, 2012 9:20am May 15, 2012 9:20am
Quoting Jemook
So for AUDUSD and EURUSD we are in a downtrend on both Daily and 4H. We are also trading underneath the weekly pivot AND monthly pivot. I saw a retracement on both of these currency pairs.

The AUDUSD retraced to the weekly open and the EURUSD retraced to Weekly Sup1. Because we are in a downtrend these are logical places for price to bounce off and continue moving in the downtrend that we are in. The other big clue is that on the H1 the top of the TMA outer band was also hit.

So I set the EA's to trigger SHORT as soon as price touched the blue...
Thanks, that is very helpful. Does that mean you entered the EURUSD at about 1.2848 and the AU at about 0.9996?
  • #1,864
  • May 15, 2012 9:25am May 15, 2012 9:25am
Quoting nanningbob
The very first day EAs were wrong but have been updated since then. Are you using the present ones from pg 1 post 1 now??
Hi Nanningbob, I have downloaded them on May 2.
  • #1,865
  • May 15, 2012 9:25am May 15, 2012 9:25am
Quoting cmeade2
Thanks, that is very helpful. Does that mean you entered the EURUSD at about 1.2848 and the AU at about 0.9996?
Close enough

EURUSD @ 1.28458 & AUDUSD @ .99872
  • #1,866
  • May 15, 2012 9:31am May 15, 2012 9:31am
Quoting Vanatur
Hi Nanningbob, I have downloaded them on May 2.
Sorry. Just checked. I have the old version. will download again.
Thanks Nanningbob
  • #1,867
  • May 15, 2012 9:42am May 15, 2012 9:42am
Quoting Jemook
So for AUDUSD and EURUSD we are in a downtrend on both Daily and 4H. We are also trading underneath the weekly pivot AND monthly pivot. I saw a retracement on both of these currency pairs.

The AUDUSD retraced to the weekly open and the EURUSD retraced to Weekly Sup1. Because we are in a downtrend these are logical places for price to bounce off and continue moving in the downtrend that we are in. The other big clue is that on the H1 the top of the TMA outer band was also hit.

So I set the EA's to trigger SHORT as soon as price touched the blue...
This is the difference between those two trades. You can take the bounce off of the pivot point from maximum pips. However, if it breaks north you are facing a SL. If you use the EA and it breaks north you are not in. If it bounces off and enters later off of the MA line then you are in and you lose some pips doing that. So I guess it depends on what situation you want to face. You are guaranteed in with the hit on the pivot with more pips or SL. You are in with the MA but lose some pips being more cautious. That is the difference. Which method I use is dependent on how confident I am with my information.
  • #1,868
  • May 15, 2012 9:48am May 15, 2012 9:48am
Quoting nanningbob
This is the difference between those two trades. You can take the bounce off of the pivot point from maximum pips. However, if it breaks north you are facing a SL. If you use the EA and it breaks north you are not in. If it bounces off and enters later off of the MA line then you are in and you lose some pips doing that. So I guess it depends on what situation you want to face. You are guaranteed in with the hit on the pivot with more pips or SL. You are in with the MA but lose some pips being more cautious. That is the difference. Which method...
Makes perfect sense. Have you been using the H1 or lower TF 5MA to enter off a pivot bounce? Or only the H4 5MA?

Also do you like to see that the 1H TMA is showing a downtrend OR ranging with a downbias before pulling the trigger for one of these setups?
  • #1,869
  • May 15, 2012 9:54am May 15, 2012 9:54am
Quoting nanningbob
This is the difference between those two trades. You can take the bounce off of the pivot point from maximum pips. However, if it breaks north you are facing a SL. If you use the EA and it breaks north you are not in. If it bounces off and enters later off of the MA line then you are in and you lose some pips doing that. So I guess it depends on what situation you want to face. You are guaranteed in with the hit on the pivot with more pips or SL. You are in with the MA but lose some pips being more cautious. That is the difference. Which method...
Excellent teaching. I should use the EA for these types of setups. Thanks again.
  • #1,870
  • May 15, 2012 10:04am May 15, 2012 10:04am
Quoting Jemook
Makes perfect sense. Have you been using the H1 or lower TF 5MA to enter off a pivot bounce? Or only the H4 5MA?

Also do you like to see that the 1H TMA is showing a downtrend OR ranging with a downbias before pulling the trigger for one of these setups?
That is a depends on the situation, I will go to lower TF like last Friday night on the gbp/nzd shot up big time. Then the euro session closed and I put the EA sell on a 5M chart. It retraced about 60 pips, profit takers come around that time, and I booked them and was done for the day. So there are uses. I also use lower TF when I want in a trade but at a certain point and I try to find that point using a MA line that matches on a lower TF. The reason there are 3 lines is so you can match up your best trendline trade on any TF. So that is the best reason to use them on a lower TF. Trendline breaks you want in on.
  • #1,871
  • May 15, 2012 11:19am May 15, 2012 11:19am
EURUSD and EURJPY H4 have just crossed the MAs So I entered short on both. I notice that GBPNZD is doing the same thing.
Riding the order flow
  • #1,872
  • May 15, 2012 11:27am May 15, 2012 11:27am
Quoting Binyamin
EURUSD and EURJPY H4 have just crossed the MAs So I entered short on both. I notice that GBPNZD is doing the same thing.
I am on same page. Same trades but GBPNZD bought when it crossed weekly R1 yesterday.
  • #1,873
  • May 15, 2012 11:50am May 15, 2012 11:50am
Quoting bpatel111
Hi Nanningbob

I have been reading your posts and paper trading for many months. Truely awsome. I have started to use your latest 10.2 EAs and have been having problems with following pairs: CADCHF, GBPCHF and USDCHF where BUY order are not getting triggered. I am getting following error message: 2012.05.15 09:52:06 10.2 5.1 MA BUY ANY TF SHFM CADCHF,H4: CADCHF OP_BUY #10.2 Buy Nanningbob order send failed with error(129): invalid price

I have only downloaded these EA's on Friday 11th May, so I am guessing these EA's have...
What broker are you using? What MT4 build?
  • #1,874
  • May 15, 2012 12:07pm May 15, 2012 12:07pm
On my IBFX US chart AUDUSD have definitely cross and close outside the MA in H4. I want to short it, but AUDUSD is in group 1 and it tends to retrace at S1 or R1. It is very near the S1... So I decided not to. However the H4 and D1 is a definite sell at that point. Any comments?
Riding the order flow
  • #1,875
  • May 15, 2012 12:48pm May 15, 2012 12:48pm
Quoting Binyamin
On my IBFX US chart AUDUSD have definitely cross and close outside the MA in H4. I want to short it, but AUDUSD is in group 1 and it tends to retrace at S1 or R1. It is very near the S1... So I decided not to. However the H4 and D1 is a definite sell at that point. Any comments?
I would wait to see a fail at weekly pivot and more safe entry would be fail and then close below MA5. AU seemed to be oversold so retracement was expected. I am too waiting to short it again.
  • #1,876
  • May 15, 2012 1:16pm May 15, 2012 1:16pm
Quoting forexripper
I would wait to see a fail at weekly pivot and more safe entry would be fail and then close below MA5. AU seemed to be oversold so retracement was expected. I am too waiting to short it again.
I have the same thoughts. Cheers mate.
Riding the order flow
  • #1,877
  • May 15, 2012 1:40pm May 15, 2012 1:40pm
Quoting nanningbob
OK now for the final test version. If this passes testing this week it will go on pg 1 post 1 as the final version. Almost all the changes deal with comsmetics and screen work but Frank has gone over these indis with a find tooth comb. He pulled out redundant and non working coding in the programs, tested them and corrected mistakes. Most of what you are getting you wont notice but should use less memory. Many of your suggestions were added but if we missed yours please tell us. I will be posting the books again but there is no additional information...
Many thanks, Nb and Frank. Previous versions froze my MT4 at around 35 open charts. Including the data gatherers, Hopwood's multi-pair dashboard (every tick), and your templates etc., I now have 53 charts open. Mt4 loads and runs smoothly, with max CPU usage spiking around 38% (Samsung laptop RV511-A01, 64 bit Windows7, IBFX US mini Demo).
An ounce of profitable logic is worth a pound of efficient code.
  • #1,878
  • May 15, 2012 1:48pm May 15, 2012 1:48pm
Can someone please confirm that on the Daily we are using "Mid" S/R levels?

Thank You in advance.
  • #1,879
  • May 15, 2012 3:26pm May 15, 2012 3:26pm
13 closed trades, 2 losers, 342 pips (714 pips so far this week). If everyday can be like this, I will start trading this system live soon
  • #1,880
  • May 15, 2012 3:52pm May 15, 2012 3:52pm
there seems to be a gazillion indicators and ea s on page 1 to use, would someone please list the ones they have found to be the basic current best set? including weekly pivot levels
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