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3% Risk Gives You Bliss System

  • #461
  • Nov 7, 2012 6:25am Nov 7, 2012 6:25am
Quoting Wally1953
My very first EA experience wasn't a pleasant one. It managed to buy at the very top of an 80-pip run and I manually closed it at -50 pips. It was EU.

Any trader in their right mind wouldn't have gone long there but Robby Robot did!

I know just an isolated occurrence, just kidding. Will keep trying.

Here's the chart:

Attachment

Yikes...I definitely didn't get a trade there. Some of you are showing some bad trade signals. I wish I could help more with why that's happening, but we'd need a coder or something to help. Here's my e/u chart. No trade taken there.

That be said, I got hammered last night anyways. Market very choppy again. Have to think about filtering.
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  • #462
  • Nov 7, 2012 10:44am Nov 7, 2012 10:44am
Quoting frollollc
Thanks alot. Hopefully, I won't get the endless questions. I haven't done much with the indicators. I still get lots of arrows when they are turned on.

There seems to be too much reliance on whether an arrow shows up to show when to open a trade. The idea behind the trade is what is important.
There is a breakout into a new trend, there is a pull back within this new trend that doesn't change the new trend and then there is a resumption of the new trend

Relying on arrows instead of thinking for yourself suggests to me that...
I could not agree more!
  • #463
  • Nov 7, 2012 1:20pm Nov 7, 2012 1:20pm
i agree with the spyderman we need a coder who can code the all things in the same way so all of start getting same signals
  • #464
  • Nov 7, 2012 3:53pm Nov 7, 2012 3:53pm
Watchout for NZD!!! Im on the right side of three of those
  • #465
  • Nov 7, 2012 4:07pm Nov 7, 2012 4:07pm
Quoting spyderman
Yikes...I definitely didn't get a trade there. Some of you are showing some bad trade signals. I wish I could help more with why that's happening, but we'd need a coder or something to help. Here's my e/u chart. No trade taken there.

That be said, I got hammered last night anyways. Market very choppy again. Have to think about filtering.
I really don't understand how you can trade using the indicators here...i would advise to just stick with candlesticks and some ma's for trend visualising..anyway all the best
  • #466
  • Nov 7, 2012 4:35pm Nov 7, 2012 4:35pm
Quoting Supertrader9
I really don't understand how you can trade using the indicators here...i would advise to just stick with candlesticks and some ma's for trend visualising..anyway all the best

Don't know what to tell you or why so many are having problems. I'm getting the same signals the thread OP is getting so, for the moment, I'm happy with it.
  • #467
  • Nov 7, 2012 4:37pm Nov 7, 2012 4:37pm
Quoting waheedpcc
i agree with the spyderman we need a coder who can code the all things in the same way so all of start getting same signals
Anyone who has worked with EA's before will know that it is impossible for a group of traders to all receive the same signals as each other. There are too many variables. Different brokers have different feeds, there are fractional differences in the speed of internet connections, there will be queuing of data that causes even one person sitting next to another in the same room with the same broker to occasionally get different signals (in an extreme case).

Rather than worry about everyone getting the same signals it is more important to develop a sound method, to learn how to use it properly and to trade effectively. If there are differences between signals received by one person compared to another it will balance out in the end. Don't sweat the small stuff.

Much better people learn how to trade this method properly and use the EA as a back-up to help educate themselves.

Good trading, everyone.
  • #468
  • Nov 7, 2012 9:53pm Nov 7, 2012 9:53pm
Quoting primestop
Anyone who has worked with EA's before will know that it is impossible for a group of traders to all receive the same signals as each other. There are too many variables. Different brokers have different feeds, there are fractional differences in the speed of internet connections, there will be queuing of data that causes even one person sitting next to another in the same room with the same broker to occasionally get different signals (in an extreme case).

Rather than worry about everyone getting the same signals it is more important to develop...
I hate to be that guy again... but Primestop hits right at the heart of this thread!
  • #469
  • Nov 8, 2012 8:11am Nov 8, 2012 8:11am
Quoting primestop
Anyone who has worked with EA's before will know that it is impossible for a group of traders to all receive the same signals as each other. There are too many variables. Different brokers have different feeds, there are fractional differences in the speed of internet connections, there will be queuing of data that causes even one person sitting next to another in the same room with the same broker to occasionally get different signals (in an extreme case).

Rather than worry about everyone getting the same signals it is more important...
Quoting C.Theory
I hate to be that guy again... but Primestop hits right at the heart of this thread!

Okay,

Time to get on my soapbox a little here.

As far as developing a sound method and learning to use it, that's what we are attempting to do here. Many sound methods, perhaps even some used by yourself, utilize a variety of indicators to signal possible trading opportunities or entries. You may not personally like indicator trading as some trade purely price action, and that is fine. But the originator of this thread saw fit to give indicators for his method and so that's what we're working with.

So....yes, everyone gets a different feed, with different brokers. But if you've taken the time to look at the charts of those complaining about different signals, these differences go well beyond different feeds. There's a fundamental disconnect between how some traders platforms are showing the indicators as opposed to others that seem to match (even though with different brokers) the OP's signals. Perhaps it's a faulty or flawed indicator. I don't know as I'm not a coder, but that's what we have for now.

But if the thread participants can't get the same indicators to act in a similar way, then it's going to be very difficult for the group as a whole to progress with the development of the strategy.

I don't know what the trading experience of both of you are, it may be quite advanced. But your history here at FF seems to be limited based on your post count. What I have come to enjoy about FF is how traders try to help traders and offer constructive help along those lines and in line with the intent of the current thread being discussed.

What I hate to see is when posters show up to discredit or criticize a thread or strategy, that quite likely, they have never taken the time to test, and further, offer little in the way of practical trading insight to replace it. That may or may not describe you, I don't know. But that's the feeling I get.

Well, that's my rant for the day. Maybe I'm just surly because this choppy market is driving me mad.
  • #470
  • Nov 8, 2012 10:34am Nov 8, 2012 10:34am
Quoting spyderman
Okay,


What I hate to see is when posters show up to discredit or criticize a thread or strategy, that quite likely, they have never taken the time to test, and further, offer little in the way of practical trading insight to replace it. That may or may not describe you, I don't know. But that's the feeling I get.

Well, that's my rant for the day. Maybe I'm just surly because this choppy market is driving me mad.
Hi Spyderman. We're on the same side - I'm enthusiastically following the thread, partly because it's a similar set up to my own moving average based trading method which my trading account balance will tell you is successful (!) but from initial backtesting this looks even better.

From previous experience, I know many people have misconceptions and often unrealistic expectations about EA's (e.g., everyone should get the same signals, when experienced traders know that won't happen.) If I can help people understand a little more about EA's, I will.

My thanks and respect to Cubbybgood for offering up this method.
  • #471
  • Nov 8, 2012 10:36am Nov 8, 2012 10:36am
Quoting primestop
Hi Spyderman. We're on the same side - I'm enthusiastically following the thread, partly because it's a similar set up to my own moving average based trading method which my trading account balance will tell you is successful (!) but from initial backtesting this looks even better.

From previous experience, I know many people have misconceptions and often unrealistic expectations about EA's (e.g., everyone should get the same signals, when experienced traders know that won't happen.) If I can help people understand a little more about EA's,...

  • #472
  • Nov 9, 2012 4:25am Nov 9, 2012 4:25am
Just posted my live trade by the EA.....
Attached Image (click to enlarge)
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My help is in the name of the Lord who made heaven and earth.
  • #473
  • Nov 9, 2012 8:54pm Nov 9, 2012 8:54pm
Hi Albertdkpllh,

Could you please share the spread and session time indicators in your chart if they are free. They look nice.

Thanks and regards,
SSPrem
  • #474
  • Nov 10, 2012 9:18am Nov 10, 2012 9:18am
They are free and from the sonic R thread. Please find attached.
Attached File(s)
File Type: mq4 SonicR Control Panel (White).mq4   135 KB | 435 downloads
File Type: mq4 SonicR FFCal Panel (White).mq4   50 KB | 406 downloads
File Type: tpl !3% bliss grail.tpl   126 KB | 495 downloads
My help is in the name of the Lord who made heaven and earth.
  • #475
  • Nov 11, 2012 9:05am Nov 11, 2012 9:05am
Look Im not gonna change a system that is already profitable according to its creator. But after looking at several currency pairs. This system seems more accurate if you take a second and turn the chart to hourly take a cursory glance to see if there is in fact a trend in this market or is it in a chop. If its in a chop dont trade it. If its in a trend only take trades in the direction of the trend. Anybody else agree with this after looking at the charts?
  • #476
  • Nov 11, 2012 11:48pm Nov 11, 2012 11:48pm
Hi Albertdkpllh,

Thank you very much for the indicators.

Best regards
  • #477
  • Nov 12, 2012 1:08am Nov 12, 2012 1:08am
How to avoid the loss we have from last week trades?
  • #478
  • Nov 12, 2012 2:19am Nov 12, 2012 2:19am
Quoting kijkij
How to avoid the loss we have from last week trades?
Why avoid loss ? There's no perfect (100%) system/method. Just accept the losses and manage properly your gains.
MT4/MT5 EAs/Indicators/Alerts coder
  • #479
  • Nov 12, 2012 5:53am Nov 12, 2012 5:53am
Just entered these trades by the EA
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.gif Size: 30 KB
Click to Enlarge Name: 2.gif Size: 29 KB
My help is in the name of the Lord who made heaven and earth.
  • #480
  • Nov 12, 2012 5:58am Nov 12, 2012 5:58am
Is anyone looking at these entries?
My help is in the name of the Lord who made heaven and earth.
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