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Daily green/red candle

  • #281
  • May 12, 2015 1:08pm May 12, 2015 1:08pm
Quoting farimir
Hi dimdel Like your thread. Do you mind explaining your SL strategy some more? I do not understand what you mean by trailing stop 140fib. I understand that when price goes to 150 fib, you place a trailing stop. But is the SL at the entry price? Or is the trailing SL at the 140fib, so the trailing stop distance effectively from 150fib to 140fib? Also, do you apply the trailing stop to your entire position? Thanks in advance.

Attached Image (click to enlarge)
Click to Enlarge Name: SL.png Size: 47 KB
  • #282
  • May 12, 2015 1:14pm May 12, 2015 1:14pm
Quoting MathTrader7
{quote} I fixed the bug. Please try the attached version. {file}
A possible bug in the EA?

I put your EA on NZDJPY Daily chart and set the fixed money to 500. EA opened a buy and sell stop order but the lots were out of this world. 36.52 lots on both orders.

The pair is quoted to 3 digits. Could this be the problem?

All other pairs seem to have reasonable lot sizes of between 0.35 to 0.75.

Thanks
  • #283
  • May 12, 2015 1:37pm May 12, 2015 1:37pm
Quoting Motiram
{quote} I am sorry dimdel; I did not follow you (I use micro lot) Regards, Moti

Attached File(s)
File Type: xls lot green red.xls   25 KB | 920 downloads
  • #284
  • May 12, 2015 1:58pm May 12, 2015 1:58pm
Quoting fxtrader08
{quote} A possible bug in the EA? I put your EA on NZDJPY Daily chart and set the fixed money to 500. EA opened a buy and sell stop order but the lots were out of this world. 36.52 lots on both orders. The pair is quoted to 3 digits. Could this be the problem? All other pairs seem to have reasonable lot sizes of between 0.35 to 0.75. Thanks
I haven't tested the EA with NZDJPY. It may be a bug in the EA. In the next version I will fix it...
Trading is the hardest way to make easy money...
  • #285
  • May 12, 2015 2:11pm May 12, 2015 2:11pm
Quoting dimdel
{quote} {file}
Thank you dimdel, for your help
Regards,
Moti
  • #286
  • May 12, 2015 2:32pm May 12, 2015 2:32pm
Bravo my frnd Dimdel
If you believe in yourself anything is possible !!
  • #287
  • May 12, 2015 3:47pm May 12, 2015 3:47pm
Good morning. Sorry for bad english, I'm from Russia. The table for calculating risk capital * risk% / SL * 100 - why multiplied by 100?
b0roda na birzhe Return Today: -2.8%
  • #288
  • May 12, 2015 3:48pm May 12, 2015 3:48pm
Quoting MathTrader7
{quote} I haven't tested the EA with NZDJPY. It may be a bug in the EA. In the next version I will fix it...
Hello MT7

can you please add MA option as filter in your next version, I see we can filter many bad trades and go with trend if using Moving averages.
If you believe in yourself anything is possible !!
  • #289
  • May 12, 2015 3:59pm May 12, 2015 3:59pm
tonight

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Click to Enlarge Name: trit.png Size: 69 KB
  • #290
  • May 12, 2015 4:07pm May 12, 2015 4:07pm
Quoting imifx
{quote} Hello MT7 can you please add MA option as filter in your next version, I see we can filter many bad trades and go with trend if using Moving averages.
Hello imifx, A moving average filter is not part of the strategy...
Trading is the hardest way to make easy money...
  • #291
  • May 12, 2015 4:08pm May 12, 2015 4:08pm
Quoting imifx
{quote} Hello MT7 can you please add MA option as filter in your next version, I see we can filter many bad trades and go with trend if using Moving averages.

thanks imifx

i want ask
how we know that we need an extra filter in our method?
1) we trade few months
or
2) we made backtest for few months

so how we know that we need a filter without backtest?
i mean before at any system we start use new data we must check first what we have

and if for example you have right and need a filter
why MA and no ichimoku or Lwma or Rsquare.....
just a mind problem
  • #292
  • May 12, 2015 4:12pm May 12, 2015 4:12pm
Quoting MathTrader7
{quote} Hello imifx, A moving average filter is not part of the strategy...
hi MT7
If I can convince you to make the EA putting a MA please add as you want
  • #293
  • May 12, 2015 4:36pm May 12, 2015 4:36pm
Quoting dimdel
{quote} {file}
Hi, dimdel. Could you share the xls file for standard lot calculation as well?
  • #294
  • May 12, 2015 4:39pm May 12, 2015 4:39pm
Quoting Evgeny24
Good morning. Sorry for bad english, I'm from Russia. The table for calculating risk capital * risk% / SL * 100 - why multiplied by 100?

hi evgeny
for microlot
  • #295
  • May 12, 2015 4:41pm May 12, 2015 4:41pm
Quoting formatix
{quote} Hi, dimdel. Could you share the xls file for standard lot calculation as well?
the same file but put

risk% / SL
  • #296
  • May 12, 2015 7:51pm May 12, 2015 7:51pm
Hello dimdel, I love your method, very simple and clutter free. Thanks for sharing!! Several question though,

1) Do you check your trades every now and then to see if it has hit been filled, or has the running trades hit the fibo 150 level? If yes, how often do you do that?
2) do you trade several positions? And take partial profits say at fibo 150, fibo 200 etc?
3) your current trade results, they are all based on RR of 1:1? Do you take RR of 1:1.5 or 1:2? If yes, under what circumstances do you do that?

I hope I'm not asking too many questions at one go. Thank you once again.
  • #297
  • May 12, 2015 8:02pm May 12, 2015 8:02pm
The GBP has had a huge run to upside, while it is not showing any color change today, some of the cross pairs are eg AUD + CAD

This might be the start of retracement / counter trend trade opportunity

Do your own research, thanks
Attached Image (click to enlarge)
Click to Enlarge Name: 13-05-2015 10-58-45 AM.png Size: 39 KB
It takes a lot for me to IGNORE you, but you can try.
  • #298
  • May 13, 2015 12:30am May 13, 2015 12:30am
Quoting valerie2
Hello dimdel, I love your method, very simple and clutter free. Thanks for sharing!! Several question though, 1) Do you check your trades every now and then to see if it has hit been filled, or has the running trades hit the fibo 150 level? If yes, how often do you do that? 2) do you trade several positions? And take partial profits say at fibo 150, fibo 200 etc? 3) your current trade results, they are all based on RR of 1:1? Do you take RR of 1:1.5 or 1:2? If yes, under what circumstances do you do that? I hope I'm not asking too many questions...
goodmorning to all

hi valerie

well at first thank you but isnt my method
if you will search at least 6 thread have the same idea
anyway

this method need team help to have good statistical results
what i have done:
made backtest for 24 pairs for 4 months(2015) and i select the 6-8-10-12 pairs with 65-75% profitable trades every month
( TP=200fib) the target 150fib i have it only to see if activate the trsl
this backtest by hand so there is the margin of errors

in post 244 i have the parametres for EA
if i have this options then i will have all your answers
  • #299
  • May 13, 2015 12:47am May 13, 2015 12:47am
Quoting dimdel
{quote} {image}
Thanks dimdel.
  • #300
  • May 13, 2015 2:17am May 13, 2015 2:17am
Hi dimdel, thanks for your reply. Backtesting is a lot of work. If you don't mind, I'd like to volunteer in doing backtesting. Not sure if I'd be of any help but I'll try. I am aware you have an excel file somewhere in this thread, but I haven't got time to read it yet. Will find time to skim through. I'd be happy to demo this or maybe do a live trading on it based on nano lot size. Looking forward to hearing from you soon...
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