it can be a good 7 pip scalper . with initial sl below the arrow candle low minus 5 pips and tp set at 7 pip from entry on a 5 21 ema .
- #385
- Apr 2, 2013 7:42pm Apr 2, 2013 7:42pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Hi Seller, How is the MP HTMA EA coming along? I look forward to testing TMA along with two HAS's. Also its been a while since we've been using the TMA, but I can't seem to find a formula anywhere. Do you know how it calculates its results? Regards, Peter
1) You can use from 1 to 14 pairs, delete or change the ones you don't want to use, leave the Pair blank if you don't want all 14. So if you only want to use 5 pairs, just fill in the first 5 Pair settings.
2) You can also set the lot size for each Pair or use the same for all of them.
3) You only have 2 HAS in this version and all the settings for each are adjustable by the user.
4) The pip counter is gone, but I can always put it back.
5) The TmaSlope is used as the entry filter, if you don't want to use it, set it to 0, I have been using a setting of 0.6 on the EMA EA with a little better luck than 0.4 to try and stay out of the ranging period.
Probably a few other things, but I think you should be able to figure them out.
Remember: I haven't tested it yet with all the different options, so let me know how it goes.
Remember: Create your offline chart with the same Pairs you use in the EA.
Remember: If you only want to use it on a single Pair you can, and you can then put it on a standard chart, it doesn't need to be an offline chart if you only have 1 Pair.
Good Luck and may the Bugs not be with you.
- #387
- Apr 2, 2013 10:42pm Apr 2, 2013 10:42pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Here are 2 examples of trades made using reverse logic.
The first 2 screen shots are what the EA was seeing at the time of the trade.
The third screen shot is what the chart looks like now.
You will also notice the TP and SL on the third screen shot are at 20 pips now, just trying to grab a few more pips.
You will also notice in the display "MG", this is a Martingale setting I am testing tonight to see what happens. You can select from 1 to 4 levels deep. I have it set at 4 with settings of 2, 4, 8, and 16. The reason for giving this a try was to get back the SL hit when a big move happens and I am going the wrong way. Some traders swear by Martingale and others swear at it, so will see what it does in this case.
The first 2 screen shots are what the EA was seeing at the time of the trade.
The third screen shot is what the chart looks like now.
You will also notice the TP and SL on the third screen shot are at 20 pips now, just trying to grab a few more pips.
You will also notice in the display "MG", this is a Martingale setting I am testing tonight to see what happens. You can select from 1 to 4 levels deep. I have it set at 4 with settings of 2, 4, 8, and 16. The reason for giving this a try was to get back the SL hit when a big move happens and I am going the wrong way. Some traders swear by Martingale and others swear at it, so will see what it does in this case.
- #388
- Apr 3, 2013 11:25pm Apr 3, 2013 11:25pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Here is another reverse trade for + 20 pips
- #392
- Apr 4, 2013 10:38am Apr 4, 2013 10:38am
- | Commercial User | Joined Jul 2009 | 5,727 Posts
pls seller9 can i get the latest version renkolivechart from you sir, thanks
- #398
- Apr 8, 2013 4:53pm Apr 8, 2013 4:53pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
EMA_TMA_v3 update:
Will continue the tests this week on 14 pairs just to see if all is working OK before I publish the EA. I am still changing TP, SL, and TSL settings as trades are taken to get the best combination for each of the 14 pairs.
The "BO" Button turns the breakout lines on and off, it toggles between both off, BO high on, BO low on, and both BO high and BO low on, so far I haven't used this.
Here are the results for the 8th of April so far, also below are 3 trades in the list taken on AUDUSD for $-1.80, +$8.00, -$0.73, the other trades are in the list.
+$23.42
-$14.77
Profit so far = $8.65
All trades are hands off taken by the Robot, I started off with all pairs set to TP = 20, SL = 20, and TSL = 20 and am adjusting each pair as the trades close and I see what will work better.
I am also using a Martingale of 2, 4, 8, 16, 4 levels deep.
I am also using a setting of +-1.25 for the TmaSlope to stay in a trade if momentum warrants it, this may be too large and I may reduce it after I see a few more trades this week.
I am not taking any reverse trades at this time, just trades in the direction of the 5/21 ema cross.
Total Trades so far:
AUDUSD trade ended in $-1.80 loss
AUDUSD trade ended in $+8.00 gain
AUDUSD trade eneded in $-0.73 loss
Will continue the tests this week on 14 pairs just to see if all is working OK before I publish the EA. I am still changing TP, SL, and TSL settings as trades are taken to get the best combination for each of the 14 pairs.
The "BO" Button turns the breakout lines on and off, it toggles between both off, BO high on, BO low on, and both BO high and BO low on, so far I haven't used this.
Here are the results for the 8th of April so far, also below are 3 trades in the list taken on AUDUSD for $-1.80, +$8.00, -$0.73, the other trades are in the list.
+$23.42
-$14.77
Profit so far = $8.65
All trades are hands off taken by the Robot, I started off with all pairs set to TP = 20, SL = 20, and TSL = 20 and am adjusting each pair as the trades close and I see what will work better.
I am also using a Martingale of 2, 4, 8, 16, 4 levels deep.
I am also using a setting of +-1.25 for the TmaSlope to stay in a trade if momentum warrants it, this may be too large and I may reduce it after I see a few more trades this week.
I am not taking any reverse trades at this time, just trades in the direction of the 5/21 ema cross.
Total Trades so far:
AUDUSD trade ended in $-1.80 loss
AUDUSD trade ended in $+8.00 gain
AUDUSD trade eneded in $-0.73 loss