THANK YOU VERY MUCH SELLER9 for your respond,pls there are two request that i want to make from you, (1) do you have any indicator that can predict when market will trend, when it will range, and sideway movement, iam a renkochart trader, (2) i have this dashboard of multiple timeframes analysis that iam using to analyse and predict the move of the market in renkochart, but i discover that most of time it contradict each other, for instance, sometime only the 1m timeframe will give signal but the renko has started moving before then, and you know i have to wait for other timeframes to approve before i click enter, and most time they do it when renkochart has gone far with the 1m signal, pls what do you have to say in this. I use renko 3 pips box.
- #409
- Apr 19, 2013 4:14pm Apr 19, 2013 4:14pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Something New:
I am playing around with a very simple EA that uses 5 pip range bars and it appears that it may have a future.
I won't tell you at this time what I am doing, but it is so simple that I can't believe it has worked this good so far.
I have been jumping in and out of trades all week with it as I make adjustments to the code, so the results may not be a perfect represention of what it is capable of, or not.
I had it runnig on the six pairs shown below at the bottom of the chart.
I have marked the EURJPY trades on the chart that are for the 19th of April, it took quite a few trades for that pair for just that one day.
For all 6 pairs for the time this week it was running I had a profit of 5.4%, which isn't too bad, most of the time when I am working on an EA and stopping and starting it my account goes down instead of up.
The EA was using a .01 lot to start with and a TP and SL of 20 pips and Martingale of 2, 4, 8, and 16 levels.
I know your going to say, YA, but some of those losses could have been avoided if I had traded with the trend. If so I would also miss some good counter trend trades, so its a toss up in my opinion.
I hope to trade it next week hands off for the entire week, and if all goes well will post it next weekend.
I will post it with some default settings and lets see if anyone can figure out how it works.
It requires no indicators as all the calculations are done by the EA, so it does not call any indicators, so you can't figure it out that way.
All it requires is a 5 pip range bar chart for each pair you want to trade.
Anyone interested ??????????????????
I am playing around with a very simple EA that uses 5 pip range bars and it appears that it may have a future.
I won't tell you at this time what I am doing, but it is so simple that I can't believe it has worked this good so far.
I have been jumping in and out of trades all week with it as I make adjustments to the code, so the results may not be a perfect represention of what it is capable of, or not.
I had it runnig on the six pairs shown below at the bottom of the chart.
I have marked the EURJPY trades on the chart that are for the 19th of April, it took quite a few trades for that pair for just that one day.
For all 6 pairs for the time this week it was running I had a profit of 5.4%, which isn't too bad, most of the time when I am working on an EA and stopping and starting it my account goes down instead of up.
The EA was using a .01 lot to start with and a TP and SL of 20 pips and Martingale of 2, 4, 8, and 16 levels.
I know your going to say, YA, but some of those losses could have been avoided if I had traded with the trend. If so I would also miss some good counter trend trades, so its a toss up in my opinion.
I hope to trade it next week hands off for the entire week, and if all goes well will post it next weekend.
I will post it with some default settings and lets see if anyone can figure out how it works.
It requires no indicators as all the calculations are done by the EA, so it does not call any indicators, so you can't figure it out that way.
All it requires is a 5 pip range bar chart for each pair you want to trade.
Anyone interested ??????????????????
- #416
- Apr 23, 2013 3:53pm Apr 23, 2013 3:53pm
I understand your concern.
Personally I tested your MP ea for a long time, that combined two HAS' with TMA. I have to admit I didn't like using TMA, so I just set it to 0 and traded swings. There have been losing and winning weeks, but the winners overcome the losses.
I am still quite interested in your range bar method. You posted the picture, but didn't say what the entry strategy is. Could you please update on that.
Also reading previous comment, you were pretty excited about the two EMA's cross combined with TMA. Any results with that? Or Unimak, whats your feed back on that strategy, after all you introduced it to us
Regards,
Peter
Personally I tested your MP ea for a long time, that combined two HAS' with TMA. I have to admit I didn't like using TMA, so I just set it to 0 and traded swings. There have been losing and winning weeks, but the winners overcome the losses.
I am still quite interested in your range bar method. You posted the picture, but didn't say what the entry strategy is. Could you please update on that.
Also reading previous comment, you were pretty excited about the two EMA's cross combined with TMA. Any results with that? Or Unimak, whats your feed back on that strategy, after all you introduced it to us
Regards,
Peter
- #418
- Edited Apr 26, 2013 3:01pm Apr 25, 2013 11:07pm | Edited Apr 26, 2013 3:01pm
- Joined Apr 2007 | Status: vincit qui se vincit | 6,251 Posts
Vincit qui se vincit.
