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D1 - 20 EMA & 50 EMA

  • #301
  • May 16, 2013 6:47am May 16, 2013 6:47am
HI guys,im a new member and i like this system.its seem to be works well but need practise. thank you.
i didnt see the file for EA,can someone post again so i can download and try to use.

thank you.
  • #302
  • May 16, 2013 7:01am May 16, 2013 7:01am
Hey Dewey?

Quick question: is there a way I can limit the max trades in your ea? Can't find anything in the properties... could you please tell me what I need to change in the code to make it stop at one trade per pair? Thanks in advance.

Btw I use the one with atr sl & tp. D1H1ExtraFixedLots.
Always try just one more time...
  • #303
  • May 16, 2013 7:24am May 16, 2013 7:24am
Hi 100

The Ea has opened 3 positions on gbp/cad , none have hit t/p or stop loss is this correct

Cheers
Making money is easy,losing money is easier
  • #304
  • May 16, 2013 8:10am May 16, 2013 8:10am
Quoting wealthtrader
HI guys,im a new member and i like this system.its seem to be works well but need practise. thank you. i didnt see the file for EA,can someone post again so i can download and try to use. thank you.
You can find the EA in first post of thread.
  • #305
  • May 16, 2013 9:04am May 16, 2013 9:04am
Quoting Erebus
@ Bomi Did you shutdown MT4 and restart? Read this file, attached Does your broker offer any education manual or videos? You need all help you can get and this is not a thread for spoon feed every new trader stops here {image}
Hi Erebus,

I have gone through the manual and I did loaded the EA on my E/U chart yesterday. I rebooted the PC also. But EA has not activated that's why I have dought that I might doing something wrong. On the chart it showing EA not active. Anyway I will figure it out. Thanks for your detail reply.
  • #306
  • May 16, 2013 9:05am May 16, 2013 9:05am
Quoting terminator12
{image} Hi 100 PIPS ,I m ur new member from last night , Need to know why ur chart and my chart are not the same , Very top on right , Urs say third screen E A and mine say D1 20EMA & 50 EMA , Does it makes no difference .
Don't worry, I simply changed the file name. You have the correct EA.
  • #307
  • May 16, 2013 9:18am May 16, 2013 9:18am
Quoting Softrader
{quote} Good morning 100Pips and good morning everybody, the EA has collected 1100 pips from yesterday! Maybe, friend 100pips, you have to change your nick, 100PipsAday, with 1000pipsAday? I know that it will not be always so positive, anyway i'm so glad to know that system, not just because it is really extraordinary, but also because he is giving me a wonderful setup to trade manually, using the daily EMA's on the 1h timeframe, (EMA1200 and EMA 480), and bollinger bands,W%, some lower MA, and go on! Thank you again 100Pips! {image}
Glad it's working out for you!

Over 16,000 pips on one of my demo accounts in just the past 2 and a half weeks!
  • #308
  • May 16, 2013 9:20am May 16, 2013 9:20am
Quoting normtold
I have a question if you don't mind regarding when the D1 trend changes. On Aud/Usd D1 price is below both the 20 and 50 EMA's so we go to the H1 chart and the EA takes a sell when Williams % indicator goes into O/B. It adds positions if the above conditions are met and depending on the DelayHours parameter. If the price on Aud/Usd D1 then goes above the 20 and 50 EMA's and the EA opens a long position what do you do? I ask because I saw you wrote "I have a hard SL and TP for each position. I will not move SL or TP targets EVER." "4) NO...
If price moves in between both the 20 EMA and the 50 EMA no new positions will open up. The EA will NOT open up buy and sell positions for the same pair.

If you currently have AUD/USD sell positions and price moves above both the 20 and 50 EMA then you can either close your trades manually or wait for Sl targets to get hit. After this assuming price is above both the 20 EMA and the 50 EMA it will look to open up BUY positions. Simple as that...
  • #309
  • May 16, 2013 9:26am May 16, 2013 9:26am
Quoting Bomi
{quote} Hi Erebus, I have gone through the manual and I did loaded the EA on my E/U chart yesterday. I rebooted the PC also. But EA has not activated that's why I have dought that I might doing something wrong. On the chart it showing EA not active. Anyway I will figure it out. Thanks for your detail reply.
Please refer to the charts. If you still can't figure it out then I can't help you...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2013-05-16_0421.png Size: 218 KB
Click to Enlarge Name: 2013-05-16_0424.png Size: 182 KB
  • #310
  • May 16, 2013 9:29am May 16, 2013 9:29am
100pips..

will the ea close open trades if trend reverses and gives opposite signal? Or will it hold on to all trades SL/TP no matter what?
Always try just one more time...
  • #311
  • May 16, 2013 9:33am May 16, 2013 9:33am
Quoting pirt666
100pips.. will the ea close open trades if trend reverses and gives opposite signal? Or will it hold on to all trades SL/TP no matter what?
I wish it would close the open trades when trend reverses! LOL

However, this will need to be done as best as possible using Price Action at weekly and monthly support / resistance levels. It will hold to all SL and TP parameters no matter what. This is why I plan on disabling the EA for each particular pair if I'm getting near the top/bottom of a particular pair's trading range.
  • #312
  • May 16, 2013 9:37am May 16, 2013 9:37am
Quoting 100PipsADay
{quote} Glad it's working out for you! Over 16,000 pips on one of my demo accounts in just the past 2 and a half weeks!

100Pips: hi!

Yes, indeed results are amazing!

Thank you for providing this opportunity to all of us.

Regards,
rswamy
  • #313
  • May 16, 2013 9:41am May 16, 2013 9:41am
Quoting rswamy4449
{quote} 100Pips: hi! Yes, indeed results are amazing! Thank you for providing this opportunity to all of us. Regards, rswamy
No problem!
  • #314
  • May 16, 2013 9:41am May 16, 2013 9:41am
Quoting 100PipsADay
{quote} If price moves in between both the 20 EMA and the 50 EMA no new positions will open up. The EA will NOT open up buy and sell positions for the same pair. If you currently have AUD/USD sell positions and price moves above both the 20 and 50 EMA then you can either close your trades manually or wait for Sl targets to get hit. After this assuming price is above both the 20 EMA and the 50 EMA it will look to open up BUY positions. Simple as that...
Understood 100pips, thank-you for your patience and clear answer.

Erebus, loving your posts, very clear, concise and educational.
  • #315
  • May 16, 2013 9:44am May 16, 2013 9:44am
Quoting 100PipsADay
{quote} Thank you for the compliments but I need to clarify that I did not do everything on my own. I have a friend, member named khaled_ctg who programmed this strategy and created this EA for us to utilize. This wouldn't have been possible for any of us if it wasn't for him, if you're feeling grateful feel free to send him a quick Thank You through PM... I feel that this Swing Strategy will be profitable if coupled with a little bit of basic PASR and also if it is used trading multiple pairs at the same time. Remember, too much leverage will kill...
Hi 100pips & Khaled_ctg,

Thank you for all the assistance and guidance you have provided to us. I appreciate your expertise and help the information, work and advice you have given. Your expertise and help have been invaluable during this long gurney. Again, thank you so much. I sincerely appreciate your generosity.

Bomi
  • #316
  • May 16, 2013 9:50am May 16, 2013 9:50am
Quoting 100PipsADay
{quote} Don't worry, I simply changed the file name. You have the correct EA.
100Pips Oh thanks ,
Can it work on Demo alone , When i click on E A on Demo Smiley comes on But live also comes on How do switch off Live
  • #317
  • May 16, 2013 9:52am May 16, 2013 9:52am
Quoting 100PipsADay
{quote} I wish it would close the open trades when trend reverses! LOL However, this will need to be done as best as possible using Price Action at weekly and monthly support / resistance levels. It will hold to all SL and TP parameters no matter what. This is why I plan on disabling the EA for each particular pair if I'm getting near the top/bottom of a particular pair's trading range.
Thanks 100pips. However I think I didn't formulate my question correctly. I wasn't hoping your EA would predict the end of a trend and the beginning of another, detection of S&R, dojis, hammers... (though it would be cool ). I meant that if price is above the emas on D1 it places a buy... a couple of days later price drops underneath the emas and it should only sell. What about the buy order that's still there (if it hasn't hit SL/TP)? Do we close it manually, and that's the end of it?
Always try just one more time...
  • #318
  • May 16, 2013 10:03am May 16, 2013 10:03am
Quoting pirt666
{quote} Thanks 100pips. However I think I didn't formulate my question correctly. I wasn't hoping your EA would predict the end of a trend and the beginning of another, detection of S&R, dojis, hammers... (though it would be cool ). I meant that if price is above the emas on D1 it places a buy... a couple of days later price drops underneath the emas and it should only sell. What about the buy order that's still there (if it hasn't hit SL/TP)? Do we close it manually, and that's the end of it?
Let's say you have 4 SELL positions opened up for EUR/GBP and then price moves in between both the EMA's no more positions would be opened up. If price moves above both EMAs then no more sell positions would be opened up. However, due to the fact that this EA does not allow hedging of the same pair no BUY positions would be opened up either until ALL sell positions are closed either manually or by reaching their SL targets.

Refer to the chart for a visual example.
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP.png Size: 125 KB
  • #319
  • May 16, 2013 10:09am May 16, 2013 10:09am
Thanks 100Pips.

Exactly what I wanted to know. Thanks a lot.
I hope we don't hassle you to much with all our questions. Anyway, thanks for your answers and your patience.
Always try just one more time...
  • #320
  • May 16, 2013 10:10am May 16, 2013 10:10am
Quoting terminator12
{quote} 100Pips Oh thanks , Can it work on Demo alone , When i click on E A on Demo Smiley comes on But live also comes on How do switch off Live
You might want to use a different MT4 platform for Demo. Unless maybe you go to "Tools" ---------- "Options" ---------- "Expert Advisors" Then check both boxes shown on the chart below.

So you may want to activate them on the Demo and then check the two boxes. When you switch to your live account it should be disabled... Maybe somebody else can clarify.
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-05-16_0508.png Size: 67 KB
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