Attachments: Advanced engulfing bar system

Advanced engulfing bar system

#281
Apr 14, 2014 3:46am Apr 14, 2014 3:46am

kinsale
| Joined Mar 2014 | Status: Trader | 17 Posts

Quoting Peretola

Disliked

Hi Kinsale, thanks a lot for sharing your EA. Just a question about Magic Number, where it is in the parameters of the EA? I can't see it and I supose that it will be a problem to manage several pairs... Cheers!!

Ignored

The EA uses a MAGIC number but I have not enabled the variable as a parameter. You can change or edit in the source if you require

#282
Apr 14, 2014 3:49am Apr 14, 2014 3:49am

kinsale
| Joined Mar 2014 | Status: Trader | 17 Posts

Quoting Forexbuster

Disliked

{quote} Hi Kinsale thnx for sharing the EA is possible to add this money mangement i think this will help the EA to boost its TP heres the link of the thread about the money management im talking about: http://www.forexfactory.com/showthread.php?t=414744&page=8

Ignored

Are you referring to adding a martingale "double down on losses"?

#283
Apr 14, 2014 3:58am Apr 14, 2014 3:58am

smilee89
Joined Jun 2007 | Status: Trader | 844 Posts

Kinsale, check PM.

#284
Apr 14, 2014 9:41am Apr 14, 2014 9:41am

blamshakk
Joined Mar 2010 | Status: Trader | 2,261 Posts

great prliminary results for me on demo for kinsales EA

#285
Apr 14, 2014 11:48pm Apr 14, 2014 11:48pm

fredgold3434
| Joined Jun 2010 | Status: Trader | 563 Posts

hi kinsale
can we use your EA for more than one pair as same time?
thanks

#286
Apr 15, 2014 12:43am Apr 15, 2014 12:43am

Forexbuster
| Joined Apr 2013 | Status: Trader | 455 Posts

Quoting smilee89

Disliked

Kinsale, check PM.

Ignored

hi smiley im just wondering how many lost and win so far we have?

#287
Apr 15, 2014 2:16am Apr 15, 2014 2:16am

kinsale
| Joined Mar 2014 | Status: Trader | 17 Posts

Quoting fredgold3434

Disliked

hi kinsale can we use your EA for more than one pair as same time? thanks

Ignored

yep

#288
Apr 15, 2014 8:00am Apr 15, 2014 8:00am

Forexbuster
| Joined Apr 2013 | Status: Trader | 455 Posts

Quoting kinsale

Disliked

{quote} Are you referring to adding a martingale "double down on losses"?

Ignored

PLs DOWNLOAD this FOLDer it explain the details of the Money Management

Attached File(s)

ReverseMarty+Comp.xlsx 422 KB | 538 downloads

thnx

#289
Apr 15, 2014 9:23am Apr 15, 2014 9:23am

arkan1976
| Joined Sep 2009 | Status: Trader | 405 Posts

Smile only shows the wins
this system has negative mathematical expectation, here an example from this week :

CADJPY -49 x 2 = -98 pips
GBPJPY -88 x 2 = -176 pips
AUDUSD -49 x 2 = -98 pips
EURUSD -31 x 2 = -62 pips

TOTAL = -434 pips

the most trades take only 20 pips, then 434/20= 21 ( need 21 trades torecover).

#290
Apr 15, 2014 11:36am Apr 15, 2014 11:36am

smilee89
Joined Jun 2007 | Status: Trader | 844 Posts

Show losing trades on chart please (Screenshot).

#291
Apr 15, 2014 11:42am Apr 15, 2014 11:42am

arkan1976
| Joined Sep 2009 | Status: Trader | 405 Posts

http://i59.tinypic.com/ixtap3.png

#292
Apr 15, 2014 11:43am Apr 15, 2014 11:43am

arkan1976
| Joined Sep 2009 | Status: Trader | 405 Posts

http://i59.tinypic.com/ixtap3.png
http://i58.tinypic.com/1zwdx51.png
http://i58.tinypic.com/wjgw3m.png
http://i60.tinypic.com/2uypy8o.png

#293
Apr 15, 2014 1:04pm Apr 15, 2014 1:04pm

smilee89
Joined Jun 2007 | Status: Trader | 844 Posts

I do not trade engulfing bars in 4H TF which are less than 35-40 pips.
I close open trades before high impact news (Red news in FF calendar) - this is for gbp-jpy, where GBP moved fast today at 11:30.

#294
Apr 15, 2014 3:12pm Apr 15, 2014 3:12pm

arkan1976
| Joined Sep 2009 | Status: Trader | 405 Posts

Ok Smile, thanks.

#295
Apr 15, 2014 3:52pm Apr 15, 2014 3:52pm

nightstocher
| Joined Mar 2009 | Status: Trader | 80 Posts

Quoting smilee89

Disliked

I do not trade engulfing bars in 4H TF which are less than 35-40 pips. I close open trades before high impact news (Red news in FF calendar) - this is for gbp-jpy, where GBP moved fast today at 11:30.

Ignored

both these trades appear to be at or less than the pip range. and they were definitely held through high impact news.

On the CADJPY it was held through both the Canadian Unemployment Rate and Employment Change on April 4. It looks like the spike that caused the TP to be hit actually occurred after on their positive sentiment.

This USDCAD was held through both USD PPI && Prelim UofM Consumer Sentiment

What caused you to take these trades and then hold onto them despite the rules?

Attached Image(s) (click to enlarge)

Click to Enlarge

Name: cadjpyh4-April 3.png
Size: 20 KB

Click to Enlarge

Name: usdcadh4-April 10.png
Size: 20 KB

It's a buy the dip scheme, ya feel me?

#296
Apr 16, 2014 2:32am Apr 16, 2014 2:32am

watakutama
| Joined Sep 2009 | Status: Trader | 2 Posts

Quoting smilee89

Disliked

I do not trade engulfing bars in 4H TF which are less than 35-40 pips. I close open trades before high impact news (Red news in FF calendar) - this is for gbp-jpy, where GBP moved fast today at 11:30.

Ignored

can u explain more...tq