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D1 - 20 EMA & 50 EMA

  • #1,081
  • Jun 10, 2013 12:38am Jun 10, 2013 12:38am
Hi everybody,

This is my 1st post here.
Thanks to Mr. HP and all other friends here, i went through this thread all the way and it's a week that i ran the EA on my account http://www.forexfactory.com/mohsen-b , result is fantastic so far but i saw a bug today and need your comments on.

On NZDUSD pair, i have 4 opened orders which none of them have SL and TP even though i set them in EA, then i manually putted SL & TP for one of them but strangely these SL & TP automatically copied on all 3 other orders too.
You can see the same problem on other pairs which have more than one opened position, for instance, GBPAUD has two open position but with same SL and TP.

Pls. check and help me.

Tks
Mohsen
  • #1,082
  • Jun 10, 2013 2:21am Jun 10, 2013 2:21am
Quoting Mohsen-b
Hi everybody, This is my 1st post here. Thanks to Mr. HP and all other friends here, i went through this thread all the way and it's a week that i ran the EA on my account http://www.forexfactory.com/mohsen-b , result is fantastic so far but i saw a bug today and need your comments on. On NZDUSD pair, i have 4 opened orders which none of them have SL and TP even though i set them in EA, then i manually putted SL & TP for one of them but strangely these SL & TP automatically copied on all 3 other orders too. You can see the same problem...

This also happened to me a few weeks back. Just keep an eye on your trades and if it happens then manually change it. Not sure what else to do...

It hasn't really been a problem though overall so I'm not going to worry about it.
  • #1,083
  • Jun 10, 2013 2:39am Jun 10, 2013 2:39am
Thanks Mr. HP for your reply but i think we need to be worry about unless we suppose that this EA is test version and shouldn't be used in real.
By the way, in case manual intervention and considering the same SL and TP would be copied on all open positions then the result would be different and total statistic of profit and loss would be bias.

tks

Mohsen
  • #1,084
  • Jun 10, 2013 2:48am Jun 10, 2013 2:48am
Quoting Mohsen-b
Thanks Mr. HP for your reply but i think we need to be worry about unless we suppose that this EA is test version and shouldn't be used in real. By the way, in case manual intervention and considering the same SL and TP would be copied on all open positions then the result would be different and total statistic of profit and loss would be bias. tks Mohsen
I understand the concern but I will definitely be intervening more than often as I see fit so this strategy actually shouldn't be 100% automated anyways. In fact, I think that could be dangerous especially on a live account.

People are using different SL and TP targets and even following different rules so everybody's statistics will be different anyways. This systems helps a trader to identify the overall trend and gives entry points so one can trade from the D1 chart without being glued to the computer all day and night waiting for trade setups on multiple pairs.

Always keep an eye on your trades especially when trading live. This error only happened once with a few NZD/JPY positions so 3 out of 350 trades is nothing to worry about in my opinion...
  • #1,085
  • Jun 10, 2013 3:18am Jun 10, 2013 3:18am
Here in GREECE we have a saying
gave them a donkey and they checks the teeth

i dont know if is clear
  • #1,086
  • Jun 10, 2013 3:21am Jun 10, 2013 3:21am
Quoting dimdel
Here in GREECE we have a saying gave them a donkey and they checks the teeth i dont know if is clear

You don't look a horse given to you as a gift in the mouth (to check its teeth and perhaps complain that the teeth are not quite good) (Thats how they say it in Russia)
  • #1,087
  • Jun 10, 2013 3:21am Jun 10, 2013 3:21am
Quoting dimdel
Here in GREECE we have a saying gave them a donkey and they checks the teeth i dont know if is clear
LOL
  • #1,088
  • Jun 10, 2013 4:39am Jun 10, 2013 4:39am
Quoting 100PipsADay
{quote} I understand the concern but I will definitely be intervening more than often as I see fit so this strategy actually shouldn't be 100% automated anyways. In fact, I think that could be dangerous especially on a live account. People are using different SL and TP targets and even following different rules so everybody's statistics will be different anyways. This systems helps a trader to identify the overall trend and gives entry points so one can trade from the D1 chart without being glued to the computer all day and night waiting for trade...
Hi 100pips !

You are absolutely right !
I have a full time job as an engineer and normally trade a few hours after work.
So I'm happy to have found this method which shouldn't be a no brainer like an ATM.
I always check my trades after work and will close them if necessary.
If you handle this tool responsibly without being greedy, it wouldn't last long to make a nice part time second income

Once again thanks for this thread and all the best

Cheers

Bernhard
  • #1,089
  • Jun 10, 2013 6:32am Jun 10, 2013 6:32am
Hi 100 Pips,

First of all congrats to your system, followed by proper MM i know this will reap huge benefits on real your account too. Just couple of queries on the current trades-

  1. I can see all JPY pairs are going up, also both moving averages on weekly TF are suggesting a continued uptrend. On daily frame too, they are pointing upwards with 20 leading the 50 (yes price has crossed in downward direction but it looks like a retrace). Don't you think that slope of MA's should be incorpoarted in the system (as a confirmation before entering a trade)??
  2. There was a hammer formation yesterday which seemingly getting confirmed today on EURJPY and GBPJPY. Doesn't it give you a signal to close the trades manually before they hit the SL.

Thanks,

Wherever Market Goes, I follow and return back after getting my 10 Pips.
  • #1,090
  • Jun 10, 2013 8:10am Jun 10, 2013 8:10am
MM very impotant for this strategy
  • #1,091
  • Jun 10, 2013 8:29am Jun 10, 2013 8:29am
Quoting madaneeraj
Hi 100 Pips, First of all congrats to your system, followed by proper MM i know this will reap huge benefits on real your account too. Just couple of queries on the current trades- I can see all JPY pairs are going up, also both moving averages on weekly TF are suggesting a continued uptrend. On daily frame too, they are pointing upwards with 20 leading the 50 (yes price has crossed in downward direction but it looks like a retrace). Don't you think that slope of MA's should be incorpoarted in the system (as a confirmation before entering a trade)??...
Hi Madaneeraj !
I agree with you regarding the manual intervention after viewing the chart situation.
Sometimes its very obvious, that the direction of a trend will change due to support / resistance
on higher time frames. Nevertheless you are absolutely right regarding the benefits of this simple but very effective trading method

Happy trading

Bernhard
  • #1,092
  • Jun 10, 2013 8:58am Jun 10, 2013 8:58am
Thanks Behof! Near future are you planning to go live with this EA, I know it could be presumptous a bit but it is tempting.

Hi 100 Pips- What about putting position close once the trend reverse in direction. I know this could be done manually too but a system rule is a rule like SL

Also, I can see you have closed some XAU positions manually? I cannot see any clear indication of trend reversing on metals??


Thanks,
Wherever Market Goes, I follow and return back after getting my 10 Pips.
  • #1,093
  • Jun 10, 2013 9:12am Jun 10, 2013 9:12am
thnx 100pipsAday for this system.

As Your system i took short on Usd/jpy 98.95,Aud/jpy 93.15,Nzd/Jpy 77.85,Cad/Jpy 96.81,Gbp/Jpy 153.45 And Eur/Jpy 130.55 today.

If you can these and told me am i right or wrong,to use your system.

Thank you.

Wants 100pipsADay answer.
  • #1,094
  • Jun 10, 2013 11:00am Jun 10, 2013 11:00am
Quoting fahamin
thnx 100pipsaday for this system. As your system i took short on usd/jpy 98.95,aud/jpy 93.15,nzd/jpy 77.85,cad/jpy 96.81,gbp/jpy 153.45 and eur/jpy 130.55 today. If you can these and told me am i right or wrong,to use your system. Thank you. Wants 100pipsaday answer.

all people have seen t he hammer candle or not a nd today early morning it was a big news to jpy in general + day off holidays in
so its sure you have to get out and go long according to reveres signal also on friday morning ej touch already the daily support the after news us fly up and formed the hammer all of jpy cross gby-/jpy -us +ej too


it was clear ::: Now wait for an other chance to go long or short bt daily signal there are 26 pairs to trade with make the research and observe all if you get one catch it and trade this case if you are trading manually if you are using ea leave it take itīs time to testing before using it live acc

100 pips is testing like us and he working by ea only...................


Take care
and sorry for my english
  • #1,095
  • Jun 10, 2013 8:38pm Jun 10, 2013 8:38pm
Brand new ultra newbie here. First of all, thank you 100Pips for this system. It really could not have come at better time for me. I feel embarrassed to ask this, since I have read the entire thread and haven't seen another member ask this question, but why does my MT4 charts say EA disabled after I apply the EA exactly as suggested? Sometimes the arrows will change colors, but it never places an order! I know this is an eye rolling newbie mistake but this is the first EA I have used. Also first time on MT4 (mainly use trade interceptor for my demo). ANY help will be much appreciated. Thank you.
  • #1,096
  • Jun 10, 2013 9:02pm Jun 10, 2013 9:02pm
Quoting Pegleg
Brand new ultra newbie here. First of all, thank you 100Pips for this system. It really could not have come at better time for me. I feel embarrassed to ask this, since I have read the entire thread and haven't seen another member ask this question, but why does my MT4 charts say EA disabled after I apply the EA exactly as suggested? Sometimes the arrows will change colors, but it never places an order! I know this is an eye rolling newbie mistake but this is the first EA I have used. Also first time on MT4 (mainly use trade interceptor for my demo)....
My first guess would be that your expert advisor tab is not selected.

How bout posting a screen shot
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  • #1,097
  • Jun 10, 2013 9:59pm Jun 10, 2013 9:59pm
My expert advisors tab is clicked. I'm not sure if this will help but here is a screen shot.
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  • #1,098
  • Jun 10, 2013 11:07pm Jun 10, 2013 11:07pm
Quoting Pegleg
Brand new ultra newbie here. First of all, thank you 100Pips for this system. It really could not have come at better time for me. I feel embarrassed to ask this, since I have read the entire thread and haven't seen another member ask this question, but why does my MT4 charts say EA disabled after I apply the EA exactly as suggested? Sometimes the arrows will change colors, but it never places an order! I know this is an eye rolling newbie mistake but this is the first EA I have used. Also first time on MT4 (mainly use trade interceptor for my demo)....
Hi Pegleg,

Please double click on the EA and change Activate EA settings in the inputs. This has been discussed in the thread atleast on 3 occassions if not more.
Wherever Market Goes, I follow and return back after getting my 10 Pips.
  • #1,099
  • Jun 10, 2013 11:07pm Jun 10, 2013 11:07pm
Quoting Pegleg
Brand new ultra newbie here. First of all, thank you 100Pips for this system. It really could not have come at better time for me. I feel embarrassed to ask this, since I have read the entire thread and haven't seen another member ask this question, but why does my MT4 charts say EA disabled after I apply the EA exactly as suggested? Sometimes the arrows will change colors, but it never places an order! I know this is an eye rolling newbie mistake but this is the first EA I have used. Also first time on MT4 (mainly use trade interceptor for my demo)....
Hi Pegleg
does your EA Window look like this you need to enable live trading tick the box

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I do Good I feel GoodI do Bad I feel Bad
  • #1,100
  • Jun 11, 2013 12:10am Jun 11, 2013 12:10am
Quoting Pegleg
My expert advisors tab is clicked. I'm not sure if this will help but here is a screen shot. {image}
You have this marked 'False'.
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