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Attachments: BO System? Here is "The Italian jOB"
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BO System? Here is "The Italian jOB"

  • #1,081
  • Oct 27, 2014 4:31am Oct 27, 2014 4:31am
Quoting RickBass
{quote} Hi, are you using the Imike indicator posted on the first post of this thread?
Nope, never have done, please read through my posts.
Plan, Patience, Profit
  • #1,082
  • Oct 27, 2014 7:29am Oct 27, 2014 7:29am
Hi.

So, I didnt like the results of my EA (probably because lack of data for M1 tf in the strategy tester). Then I just created an indicator to points the entries (similar to swingman's matrix). I backtested using this indicator and the results were poor

For usdchf 1min/2min trade when leaving oversold/bought I got something like 52% win ratio and 9 losses in a row (September, trading London/NY session; avoiding Red news 1 hour before and 1 hour after; and avoiding holidays/NFP all day)

I tested tweaking the settings 1min TF with 1min expiry ... 1min TF 5min expiry ... trading when entering the oversold zone. Tested with other pairs too (eurusd, gbpjpy ...). Everything was the same. Somedays getting 60%, 65% ... even 70% win ratio ... in other days getting 40%, 35% ... even 20% win ratio. The final average is 52%.

This is for a few more than 100 trades. I guess in the long run the result will get close to 50%. That means its just random.

This is what I got. If you're having better results then you should be trading in a different way.
See you at Valinor!
  • #1,083
  • Oct 30, 2014 1:17am Oct 30, 2014 1:17am
Quoting feanor
Hi. So, I didnt like the results of my EA (probably because lack of data for M1 tf in the strategy tester). Then I just created an indicator to points the entries (similar to swingman's matrix). I backtested using this indicator and the results were poor For usdchf 1min/2min trade when leaving oversold/bought I got something like 52% win ratio and 9 losses in a row (September, trading London/NY session; avoiding Red news 1 hour before and 1 hour after; and avoiding holidays/NFP all day) I tested tweaking the settings 1min TF with 1min...
[/color]

Hi Feanor

Not sure if you got your back testing right. Nothings changed, trading the same way as I have mentioned for the last 6 months.

I don`t have time to post anymore, however results on the 5 min BO are going great, seem to be making around the £400 / £500 mark weekly. I have ditched the 1 min purely based on screen time and work load.

Hope everyone else is doing well, mind you due to the lack of posts I imagine most guys have given this up.
Plan, Patience, Profit
  • #1,084
  • Oct 30, 2014 2:35am Oct 30, 2014 2:35am
Quoting sugarman
{quote}[/color] Hi Feanor Not sure if you got your back testing right. Nothings changed, trading the same way as I have mentioned for the last 6 months. I don`t have time to post anymore, however results on the 5 min BO are going great, seem to be making around the £400 / £500 mark weekly. I have ditched the 1 min purely based on screen time and work load. Hope everyone else is doing well, mind you due to the lack of posts I imagine most guys have given this up.
tried the 1M1 /2 min, too many losses in a row, going back to 5 min also . you still have same results? only 1 time 4 cons loss in lat 6 month?
  • #1,085
  • Nov 21, 2014 7:42am Nov 21, 2014 7:42am
How is it going guys?
See you at Valinor!
  • #1,086
  • Nov 22, 2014 3:46pm Nov 22, 2014 3:46pm
EA to trade on CoreLiquidity

- Some member asked for an EA.
I have previously developed one, unfortunately now I can not say whether it works properly or not...
Please do not ask about, tests and changes the code itself if something is wrong.

- The indicator is very useful because it draws the equity, or you do not know how you've traded on CL.
Attached File(s)
File Type: ex4 boItalianJob sugarman EA_v1.ex4   19 KB | 759 downloads
File Type: mq4 boItalianJob sugarman EA_v1.mq4   19 KB | 992 downloads
File Type: ex4 boReadHistory v2.ex4   10 KB | 683 downloads
File Type: mq4 boReadHistory v2.mq4   6 KB | 852 downloads
  • #1,087
  • Nov 24, 2014 4:10pm Nov 24, 2014 4:10pm
Other indicators required by usern.

I think that with the EA you can trade the original method and Sugarman's martingale.
See the parameter settings.
Attached File(s)
File Type: mq4 boItalianJob Matrix_v3.mq4   39 KB | 815 downloads
File Type: mq4 boItalianJob Matrix_v6.mq4   43 KB | 1,426 downloads
  • #1,088
  • Nov 26, 2014 7:30am Nov 26, 2014 7:30am
Quoting feanor
How is it going guys?
Going great, still trading off 5 min.

How about yourself.
Plan, Patience, Profit
  • #1,089
  • Nov 26, 2014 7:42am Nov 26, 2014 7:42am
Quoting sugarman
{quote} Going great, still trading off 5 min. How about yourself.
Good for you

I had to move back to regular forex trading. BO didnt work for me
See you at Valinor!
  • #1,090
  • Jan 21, 2015 10:26pm Jan 21, 2015 10:26pm
Hi all,

A newbie here, have only been trading BO for a couple of months.

What I have found working well for me, is taking 5min trades based on the closing of 1min candles, in relation to where they close outside the Bollinger Bands. The requirement to learn more, and excel with this strategy, led me to do a bit of research, and voila, I ended up here, with like minded folks.
  • #1,091
  • Feb 6, 2015 10:25am Feb 6, 2015 10:25am
Swingman,

Is it possible to ADD your Moving Average found here, as a filter as well to the Italian Job Matrix V6 or V4. This way I am filtering signals by the Trend.

Thanks.
  • #1,092
  • Feb 9, 2015 6:28am Feb 9, 2015 6:28am
Quoting fvtrader365
Swingman, Is it possible to ADD your Moving Average found here, as a filter as well to the Italian Job Matrix V6 or V4. This way I am filtering signals by the Trend. Thanks.
Hello fvtrader, could you show what you mean with an image for me to better understand it? Thanks in advance
  • #1,093
  • Feb 25, 2015 9:10pm Feb 25, 2015 9:10pm
Anyone know the fix Martingale sugarman boItalianJob EA? he is not working
  • #1,094
  • Feb 26, 2015 12:34am Feb 26, 2015 12:34am
Quoting rdigital
Anyone know the fix Martingale sugarman boItalianJob EA? he is not working
Trade manually, EA`s don`t always work properly.

Anybody else still trading this?
Plan, Patience, Profit
  • #1,095
  • Feb 26, 2015 5:21pm Feb 26, 2015 5:21pm
EA ta running cool Sugarman, only the martingale is not doubling the value, if anyone knows solve it is 100%
  • #1,096
  • Mar 31, 2015 1:11pm Mar 31, 2015 1:11pm
thanks sharing ..
  • #1,097
  • Apr 7, 2015 9:59am Apr 7, 2015 9:59am
Quoting BillyKay
Hi all, A newbie here, have only been trading BO for a couple of months. What I have found working well for me, is taking 5min trades based on the closing of 1min candles, in relation to where they close outside the Bollinger Bands. The requirement to learn more, and excel with this strategy, led me to do a bit of research, and voila, I ended up here, with like minded folks.
If you lose, do you double up or look for another trade.
  • #1,098
  • Apr 11, 2015 2:11am Apr 11, 2015 2:11am
Hey! I will start to try this strategy from next monday. What currency do you recommend? I guess that USD/CHF is giving good results now, isn't it?
  • #1,099
  • May 4, 2015 9:17am May 4, 2015 9:17am
hi, i tested this strategy and i have to say that its higly profitable and very easy..
but i spending too much time for just siting and watching all graphs, so my question is:
do you have any idea how to setup an alarm on matrix indicator?

thanks
  • #1,100
  • May 6, 2015 6:09am May 6, 2015 6:09am
Sugarman, which kind of price do you use on your Stoch 14.3.3?
Thanks
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