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Attachments: EJ_4H method
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EJ_4H method

  • #421
  • Jun 8, 2006 6:12am Jun 8, 2006 6:12am
about ej_4h expert advisor...
i am in live test from some week and i have +1100 pips ,
i use default setting in 10 pair (every with spread = or above 5 pips)
is possible add a trailing stop to this expert ?

p.s.
sorry for my bad language :-)
  • #422
  • Jun 8, 2006 6:17am Jun 8, 2006 6:17am
Quoting dom1966
about ej_4h expert advisor...
i am in live test from some week and i have +1100 pips ,
i use default setting in 10 pair (every with spread = or above 5 pips)
is possible add a trailing stop to this expert ?

p.s.
sorry for my bad language :-)
I've been using the default settings as well. A TSL would be great. I was wondering if you knew how it exited trades. I know that it waits for the bar to close with the indicator before it initiates an entry. How does it exit? When it first gets a signal in the opposite direction?
  • #423
  • Jun 8, 2006 9:03am Jun 8, 2006 9:03am
Can you post the EA you are using please

thanks !!
"We are the superior beings, we obey no one!"
  • #424
  • Jun 8, 2006 9:05am Jun 8, 2006 9:05am
Quoting bigballer
Can you post the EA you are using please

thanks !!
dom 1966 please
"We are the superior beings, we obey no one!"
  • #425
  • Jun 8, 2006 10:21am Jun 8, 2006 10:21am
Here you go..Chinpalnt EA...
Attached File(s)
File Type: mq4 EJ_4H v1.0.mq4   4 KB | 613 downloads
  • #426
  • Jun 8, 2006 12:07pm Jun 8, 2006 12:07pm
Quoting lavista4u
Here you go..Chinpalnt EA...
Could you please let me know step by step how to use it?

How and where to save it?

Thank you in advance

Ishay
  • #427
  • Jun 8, 2006 2:36pm Jun 8, 2006 2:36pm
Quoting dom1966
about ej_4h expert advisor...
i am in live test from some week and i have +1100 pips ,
i use default setting in 10 pair (every with spread = or above 5 pips)
is possible add a trailing stop to this expert ?

p.s.
sorry for my bad language :-)
you mean live on demo?

default settings wouldn't work on live acc.

and the EA isn't ready in its current state for serious business.
  • #428
  • Jun 8, 2006 3:19pm Jun 8, 2006 3:19pm
Hello all,
I think you know how to trade these pairs

USDJPY
  • #429
  • Jun 8, 2006 3:22pm Jun 8, 2006 3:22pm
Hello all,
I think you know how to be prepared to trade these pairs

USDJPY
Attached Image
  • #430
  • Jun 8, 2006 3:23pm Jun 8, 2006 3:23pm
EURJPY
Attached Image
  • #431
  • Jun 8, 2006 3:25pm Jun 8, 2006 3:25pm
USDSGD
Attached Image
  • #432
  • Jun 8, 2006 5:49pm Jun 8, 2006 5:49pm
EurUsdTrader,

Which broker provides USDSGD data feed ?
The future depends on what we do in the present.
  • #433
  • Jun 8, 2006 6:09pm Jun 8, 2006 6:09pm
Great thread. I especially found adding the envelopes to the 55 sma usefull. With the right setting it is quite accurate at determining exhaustion points that reinforce the entry criteria.
  • #434
  • Jun 8, 2006 6:58pm Jun 8, 2006 6:58pm
Well, I thought I was doing ok with the EJ_4H indicator until I saw it sit there and hemorrage over the GBP/JPY. Totally blew up my demo account. I thought I may have had something but obviously I still have no clue what I'm doing. I'll just shut up and sit on the sidelines from now on.
  • #435
  • Jun 8, 2006 11:55pm Jun 8, 2006 11:55pm
Many brokers,

for example :
www.alpari.org

www.northfinance.com


Quoting compro99
EurUsdTrader,

Which broker provides USDSGD data feed ?
  • #436
  • Jun 9, 2006 12:26am Jun 9, 2006 12:26am
Quoting 4x4tx
I've been using the default settings as well. A TSL would be great. I was wondering if you knew how it exited trades. I know that it waits for the bar to close with the indicator before it initiates an entry. How does it exit? When it first gets a signal in the opposite direction?
yes, it exits the moment first opposite arrow flashes (doesn't matter if it stays there).
  • #437
  • Jun 9, 2006 5:29am Jun 9, 2006 5:29am
Quoting piccolo
yes, it exits the moment first opposite arrow flashes (doesn't matter if it stays there).
Thanks Piccolo. I was thinking that after it kicks you out of the trade, it then re-enters the trade if the price goes back to the point where the opposite arrow disappears. Since the arrow from the previous bar's close is still there, it enters again? Then if the price triggers another indicator opposite it kicks you out again, losing the spread each time over and over.

If that is the case, I guess the big question is do we want it to exit at the first opposite indication? If so, it should not re-enter when the opposite indicator disappears. Perhaps re-enter when the original signal reappears.

Does this make sense?

Thanks everybody
  • #438
  • Jun 9, 2006 7:24am Jun 9, 2006 7:24am
http://www.powerbase.info/ej1.gif
I'm thinking that the lime line looks enticing for a pending long position. Has anyone else been watching this?
  • #439
  • Edited 10:44am Jun 9, 2006 9:33am | Edited 10:44am
Quoting powerbase
I'm thinking that the lime line looks enticing for a pending long position. Has anyone else been watching this?
it's too early, don't throw yourself against a train.
  • #440
  • Jun 9, 2006 9:39am Jun 9, 2006 9:39am
Quoting 4x4tx
Thanks Piccolo. I was thinking that after it kicks you out of the trade, it then re-enters the trade if the price goes back to the point where the opposite arrow disappears. Since the arrow from the previous bar's close is still there, it enters again? Then if the price triggers another indicator opposite it kicks you out again, losing the spread each time over and over.

If that is the case, I guess the big question is do we want it to exit at the first opposite indication? If so, it should not re-enter when the opposite indicator disappears. Perhaps re-enter when the original signal reappears.

Does this make sense?

Thanks everybody
well, I think that we should exit way before the opposite arrow appears because it costs a lot of unrealized pips. I think eurotrader could pour some thoughts on this one. Anyways, re-entering on original signal reappearance (if opposite signal does not confirm) could prove interesting, I'll backtest it.
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