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Monthly Profit - Daily Trading using SMA

  • #6,841
  • Nov 3, 2016 9:50pm Nov 3, 2016 9:50pm
Short signal on EURGBP
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I used to be indecisive but now I'm not so sure...
  • #6,842
  • Nov 4, 2016 1:15am Nov 4, 2016 1:15am
Quoting Bk8
{quote} A/J reversed after 60 pips profit. Todays Setups Short E/N Long N/CHF
Hi Bk8.
I may be absolutely stupid but I don't see a setup for EURNZD nor NZDCHF, EURNZD happened 2 days ago, have I got the right pairs ? and if so can you please post your charts so that I can see where I am going wrong.
Thanks.
  • #6,843
  • Nov 4, 2016 2:51am Nov 4, 2016 2:51am
Quoting shimmering
Please , if anyone know what post is the EA for this strategy, please tell me.
Shimmering. Look at the upper bar on the site and click the number with a paperclip (1,774 at the moment). There you can see all the indicators etc., which are published on this thread.
  • #6,844
  • Nov 4, 2016 4:00am Nov 4, 2016 4:00am
simple strategy that works if executed correctly folowing rules.
  • #6,845
  • Nov 4, 2016 4:33am Nov 4, 2016 4:33am
Current trades. Will not hold over weekend. Reopen, Sun., or Mon.
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Vincit qui se vincit.
  • #6,846
  • Nov 4, 2016 5:12am Nov 4, 2016 5:12am
Quoting johnvr
{quote} Hi Bk8. I may be absolutely stupid but I don't see a setup for EURNZD nor NZDCHF, EURNZD happened 2 days ago, have I got the right pairs ? and if so can you please post your charts so that I can see where I am going wrong. Thanks.
New to the system but I agree don't understand EN trade recommendation.
Successful people do what unsuccessful people are not willing to do
  • #6,847
  • Nov 4, 2016 5:24am Nov 4, 2016 5:24am
Quoting martyhype
{quote} Hi Shimmering, At the top of the thread you will see the subscribe button, next to it is a button that looks like a paper clip, this keeps all the files that have been uploaded to this thread. Click on it and you will see all the mql files, ex4 file, tpl files. There are 50 something of them. Probably the one you want will be the latest one uploaded 30th october post 6719 Hopefully that helps you.
Thank you so much! this was really helpful. I found it. The only thing is I don't understand how the balance can be 1000/10000, as it says in that post.
  • #6,848
  • Nov 4, 2016 5:27am Nov 4, 2016 5:27am
Quoting TampaFX
{quote} New to the system but I agree don't understand EN trade recommendation.
Guess that was a mistake. EN was good at 03rd Nov, not 4th anymore.
  • #6,849
  • Nov 4, 2016 6:05am Nov 4, 2016 6:05am
hi @Bk8,

SMA is Simple or Smoothed

Thank You
  • #6,850
  • Nov 4, 2016 7:03am Nov 4, 2016 7:03am
Quoting skip277
hi @Bk8, SMA is Simple or Smoothed Thank You
SMA=Simple
SMMA=Smoothed
EMA=Exponential
LMA=Linear Weighted
  • #6,851
  • Nov 4, 2016 8:00am Nov 4, 2016 8:00am
Quoting shimmering
{quote} Thank you so much! this was really helpful. I found it. The only thing is I don't understand how the balance can be 1000/10000, as it says in that post.
I fixed the Lot size so people wouldn't jump in on a live account and blow all their money. So when you test it on the strategy tester or on a demo account, make sure you use a balance of 10000 or more. It trades 1 whole lot and not 0.01/0.1

Make sense?

Also, this is an adapted version of BK8's method. message me if you want more details, as im sure no one is interested in use cluttering up the thread speaking about this.
So many in the Commercial section want to make me rich! :o
  • #6,852
  • Nov 4, 2016 8:24am Nov 4, 2016 8:24am
Quoting caillo
Those who entered U/J short, WELL DONE! I'm trying to see how I enter on a replacement (if any).. Recent events in the US (political) have the dollar crashing.. apparently market thought Clinton was going to win elections, but it might be wrong. Today is the Fed rate statement as Jayko said in his prev post, and the expectation is to stand pat until the elections pass and other numbers come in, today is a bank holiday for Japan, soooooooo... where will U/J go? I think it will probably pay a little visit to prev yearly low @ 98.98.. but hey! this...
Apparently the fed fund rate didn't make any big impact on the USD, anyway I am staying out on Nov 8, big day. I just closed my USD/JPY prior to NFP. about 55mins ago.
  • #6,853
  • Nov 4, 2016 8:55am Nov 4, 2016 8:55am
Few days ago i made my first trade using this system. I am so impressed by this threat! Well done Bk8! Now i am trying not to break the rules but its hard for me not to close this winning position.
Good luck for everyone!
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  • #6,854
  • Nov 4, 2016 10:11am Nov 4, 2016 10:11am
Why nobody post their results?
Mi odino pure, purche' mi temano. (Gaio Cesare Germanico Caligola)
  • #6,855
  • Nov 4, 2016 10:44am Nov 4, 2016 10:44am
Quoting Pretoriano
Why nobody post their results?
I'm still hold my buy G/U running 300 pips now
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  • #6,856
  • Nov 4, 2016 10:49am Nov 4, 2016 10:49am
Quoting Pretoriano
Why nobody post their results?
my result is,blowing accaunt,not much to say more.maybe it is priofitable system but if in one month I got profit and in second need to recover,and if it repeats again month by month,then I better not waste my time.good luck
  • #6,857
  • Nov 4, 2016 11:16am Nov 4, 2016 11:16am
I used Tony-FX's EA last night (thanks to Shimmering for asking about it). And for grins, placed the template and EA on 10 X 4H charts (Demo account of course). This is the VERY FIRST time I've ever used an EA, so I wasn't sure of what to expect. I adjusted the TP_pips to 50, the BE_Pip to 25, and increased the TradeSize to .04. I first put it on 5M charts just to see what kind of notifications and trading activity looked like. I got what I needed, but the trades were a disaster. I'm sure I would need to adjust the settings to accommodate for lots of small action instead of fewer/bigger moves if I was going to continue on lower TFs (which I'm not). I then increased all of the charts to 4H charts (neither did I want to wait for a full day's action), made sure AutoTrading was on and waited for the first trade to take place (around 9PM MST, USA). I looked at the PA on the chart and it appeared to be following BK8's method (close enough anyway for an EA). I then went to bed.
Woke up about 6 hrs later finding I had 6 trades in the green and 4 in the red, but coming back into the green. Since I wasn't confident that the TP/SL settings were close enough to cause a closure as the market didn't seem to moving much, I decided to monitor manually and close them one at a time before Friday's news could take a toll. It took about an hour, but I ended up with 8 in profit and 2 in a very small loss (got tired of monitoring and needed to go back to bed). I closed my computer down for the night and will not fire this EA back up until Tuesday night/Wednesday morning.
This was a great first experience; easy to set up/understand. Since I'm not a coder, I'm not sure of the background algo's being used, but Tony said it was basically set up to mimmick the SMA5 with BB strategy. I would like to try FX-Flux's EA too and will report on it later.
BTW, the demo account had about $900 in it and now it has close to $980, so a very good return on an hrs worth of work setting up the charts and 6-8 hrs worth of waiting (you guys can do the math).
  • #6,858
  • Nov 4, 2016 11:31am Nov 4, 2016 11:31am
Quoting LexLuthor
{quote} I'm still hold my buy G/U running 300 pips now {image}
If i was you i would move my sl higher just to protect my profits
  • #6,859
  • Edited 3:31pm Nov 4, 2016 3:19pm | Edited 3:31pm
Quoting Oddbjorg
{quote} Nov. 3. 23:23 uy short from yesterday. Closed trade 1) to take the + pips. trade 2) closed with new sl but gave + pips New trade chy short. Hello bk8 are those pairs not to close to mid bb? Please understand, I'm just asking for me to be corrected. Thank you.
Nov.4. 20:18. Closed chy 1)+2) with losses. Thank you. Have a nice weekend and monday.
All the best to all of you. But don't follow me. I am a learner.
  • #6,860
  • Nov 4, 2016 4:03pm Nov 4, 2016 4:03pm
Quoting ficibald
{quote} my result is,blowing accaunt,not much to say more.maybe it is priofitable system but if in one month I got profit and in second need to recover,and if it repeats again month by month,then I better not waste my time.good luck
Thanks for your feedback Ficibald. I know that this method don't work,I've said it two weeks ago. I want to see when all these users understand it :-)
Mi odino pure, purche' mi temano. (Gaio Cesare Germanico Caligola)
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