Yen Trader | Page 38 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Are you a trend trader or a counter-trend trader? 29 replies

A beginner trader vs pro trader 15 replies

from retail trader to full-time trader 17 replies

Discipline Trader and Voice Trader EA/IND 16 replies

IkonFX Viking Trader or Pfgbest Viking Trader? 2 replies

Attachments: Yen Trader
Exit Attachments

Yen Trader

  • #741
  • Edited 6:23am Aug 3, 2016 6:07am | Edited 6:23am
double post
  • #742
  • Aug 3, 2016 6:15am Aug 3, 2016 6:15am
Hi abokwaik,

So far I have only attested with GBPJPY. Can you give any tips on the SL / TP values to start testing with other JPY pairs?

Thank you
  • #743
  • Aug 3, 2016 6:39am Aug 3, 2016 6:39am
Nevermind, I see your scanner settings are different. Oops :-)
  • #744
  • Aug 3, 2016 6:55am Aug 3, 2016 6:55am
Quoting earmarques
Hi abokwaik, So far I have only attested with GBPJPY. Can you give any tips on the SL / TP values to start testing with other JPY pairs? Thank you
There are many methods for this:

  1. SL below Swing Low for Long, above Sqing High for Short, TP with reward to risk >= 1:1
  2. SL x times the ATR value, TP with reward to risk >= 1:1, where x can range from 1 to 10 depending on the traded tf.
  3. SL & TP when either of the component pars changes direction.
  4. MA reverse cross on the traded pair.
  5. .... etc.

No guts, no glory
  • #745
  • Aug 3, 2016 7:14am Aug 3, 2016 7:14am
Quoting abokwaik
{quote} There are many methods for this: SL below Swing Low for Long, above Sqing High for Short, TP with reward to risk >= 1:1 SL x times the ATR value, TP with reward to risk >= 1:1, where x can range from 1 to 10 depending on the traded tf. SL & TP when either of the component pars changes direction. MA reverse cross on the traded pair. .... etc.
Excuse me,
I refer to input values in strategy tester for others pairs.
  • #746
  • Aug 3, 2016 7:20am Aug 3, 2016 7:20am
Quoting earmarques
{quote} Excuse me, I refer to input values in strategy tester for others pairs.
Sorry, I thought you were asking about manual trading.

For the EA different settings were tested and shared by me and other members.
On the trade explorer I am using the settings shared in post # 718 on all pairs.
No guts, no glory
  • #747
  • Aug 3, 2016 7:30am Aug 3, 2016 7:30am
Quoting abokwaik
{quote} Sorry, I thought you were asking about manual trading. For the EA different settings were tested and shared by me and other members. On the trade explorer I am using the settings shared in post # 718 on all pairs.
Thank you!

And I've tested and choosed to continue the tests with manual lot increment. It's possible to create two input to EA increment the lot size in an account balance step?
Let me be more clear giving an example: When the account balance grow 100% the EA increment lot size by 100% or 50% or so based on input values. The current option constantly increments the lot size.

  • #748
  • Edited 7:50am Aug 3, 2016 7:37am | Edited 7:50am
Quoting earmarques
{quote} Thank you! And I've tested and choosed to continue the tests with manual lot increment. It's possible to create two input to EA increment the lot size in an account balance step? Let me be more clear giving an example: When the account balance grow 100% the EA increment lot size by 100% or 50% or so based on input values. The current option constantly increments the lot size.
Yes. It is possible, and from my experiments with other systems it is better to increase/decrease the lot size based on account return pre-set milestone percentages.
I will implement this feature in next release.

Thanks
No guts, no glory
  • #749
  • Aug 3, 2016 7:54am Aug 3, 2016 7:54am
Quoting abokwaik
{quote} Yes. It is possible, and from my experiments with other systems it is better to increase/decrease the lot size based on account return pre-set milestone percentages. I will implement this feature in next release. Thanks
And one more thing:

You are very intelligent. I do not know what his religion, but his God protect him and keep him providing wisdom and humility, because only a good-hearted person thinks of others. I am surprised by the mechanism of your system.

  • #750
  • Aug 3, 2016 8:45am Aug 3, 2016 8:45am
For manual traders :

Possible Long Signal cooking : GBPJPY

Wait for USDJPY to cross 101.30 while GBPUSD is above 1.3300.

Attached Image (click to enlarge)
Click to Enlarge Name: GJ_possible_long_soon.PNG Size: 16 KB
No guts, no glory
  • #751
  • Aug 3, 2016 9:12am Aug 3, 2016 9:12am
Quoting abokwaik
For manual traders : Possible Long Signal cooking : GBPJPY Wait for USDJPY to cross 101.30 while GBPUSD is above 1.3300. {image}
Buy GBPJPY Triggered @ 134.80

Attached Image (click to enlarge)
Click to Enlarge Name: GJ_long_open.PNG Size: 37 KB


Attached Image (click to enlarge)
Click to Enlarge Name: gj_ff_scanner.PNG Size: 16 KB
No guts, no glory
  • #752
  • Aug 3, 2016 9:20am Aug 3, 2016 9:20am
What is your TP on GBP/JPY? I closed at 134.958.
  • #753
  • Aug 3, 2016 9:29am Aug 3, 2016 9:29am
Quoting mary4x
What is your TP on GBP/JPY? I closed at 134.958.
Why ... so soon ! . My TP @ 135.80
No guts, no glory
  • #754
  • Aug 3, 2016 9:36am Aug 3, 2016 9:36am
As simple as ABC

Attached Image (click to enlarge)
Click to Enlarge Name: ff_scanner_abc.PNG Size: 16 KB
No guts, no glory
  • #755
  • Aug 3, 2016 9:43am Aug 3, 2016 9:43am
Does this correlation principle applicable only to JPY pairs or it has potential application in other pairs&trading instruments? Want to find something similar with GBP it has nice volatility around after the referendum..
  • #756
  • Aug 3, 2016 9:45am Aug 3, 2016 9:45am
Quoting leebsurag
Does this correlation principle applicable only to JPY pairs or it has potential application in other pairs&trading instruments? Want to find something similar with GBP it has nice volatility around after the referendum..
It seems that this is your first visit to the thread.
We started with JPY crosses and then expanded to all crosses.

The system can be traded manually, or via provided EAs.
We are still testing and evaluating the system, but so far so good imho.
No guts, no glory
  • #757
  • Aug 3, 2016 9:54am Aug 3, 2016 9:54am
Quoting abokwaik
{quote} Why ... so soon ! . My TP @ 135.80
I closed because I didn't know what I was doing/hadn't read the thread...
  • #758
  • Aug 3, 2016 10:09am Aug 3, 2016 10:09am
Thank you abokwaik for the manual tradings... it gives us confidence -)
  • #759
  • Aug 3, 2016 10:09am Aug 3, 2016 10:09am
Quoting abokwaik
As simple as ABC {image}
On GBPJPY chart I use three sub-windows each consisting of GBPUSD,USDJPY and 14 basket pair index (which has 80-100% correlation with GBPJPY).
http://www.forexfactory.com/showthre...89#post8928989

Sometimes the movement in other pairs , besides GBPUSD and USDJPY, affects GBPJPY and the 14 basket pair index helps finding the divergence.
Practice makes a person perfect
  • #760
  • Aug 3, 2016 10:20am Aug 3, 2016 10:20am
Quoting abokwaik
As simple as ABC {image}
Hello Abo
Why the EA didn't take that trade?
S
1 trader viewing now