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Simplicity is the Ultimate Sophistication

  • #441
  • Apr 5, 2017 10:47pm Apr 5, 2017 10:47pm
Quoting grandaevus
{quote} Zen, taking the second recovery trade with triple lot size is not a good idea. Now, you need 6 consecutive wins in a row . One trade per day is more than enough.
Yes, i realize that it is quite dangerous.
Right now i only use 1 lot for the second trade.
Yesterday i only open 1 lot as well.
  • #442
  • Edited 11:40pm Apr 5, 2017 10:51pm | Edited 11:40pm
Quoting tnandkumar
{quote} hi zen....even with icetrader ,spread is showing from 1 to 1.5 {image}
can you scroll on the left side and look at the eurusd pair so i can see the spread?
and can screenshot the left side on the eurusd pair?
because right now in my icmarket account the spread is only 0.1 pips
Attached Image
  • #443
  • Apr 5, 2017 10:52pm Apr 5, 2017 10:52pm
Quoting Grimweasel
Hi Zen Yup loser day today but no big deal as system has delieverd a run of wins. To be expected. Could be tight market ahead of Fed Minutes at 2pm (US). The ATR had closed right into 11 this morning and I nearly didn't put the trades on because of this. Lesson for future maybe? Has anyone managed to backtest this system using Amibroker? www.TrueFx.com offers free tick data for those who can code Amibroker and are able to test. This would be useful as by changing the candle times we could target the best performing...

I think we should further test more on ATR, if really ATR can filter us from the bad trade, we can add on this indicator to filter bad trade.
Hope someone can use the amibroker to test it and post the result here.
  • #444
  • Apr 5, 2017 10:59pm Apr 5, 2017 10:59pm
Quoting zentrader8
{quote} can you scroll on the left side and look at the eurusd pair so i can see the spread? and can screenshot the left side on the eurusd pair? because right now in my icmarket account the spread is only 0.1 pips {image}
hi zen ,pls check this
Attached Image (click to enlarge)
Click to Enlarge Name: 35.PNG Size: 265 KB
  • #445
  • Edited 11:37pm Apr 5, 2017 11:05pm | Edited 11:37pm
Quoting tnandkumar
{quote} hi zen ,pls check this {image}
I think you open the standard account, please open a true ecn account.
Attached Image (click to enlarge)
Click to Enlarge Name: true ecn.png Size: 104 KB
  • #446
  • Apr 6, 2017 1:01am Apr 6, 2017 1:01am
BuyStop @ 1.06800
SellStop @ 1.06700
  • #447
  • Apr 6, 2017 1:04am Apr 6, 2017 1:04am
Quoting grandaevus
BuyStop @ 1.06800 SellStop @ 1.06700
SellStop has been triggered.

TP @ 1.06593
SL @ 1.06843
BE @ 1.06613
  • #448
  • Apr 6, 2017 1:35am Apr 6, 2017 1:35am
hi evey1,

yesterday I also take only 1 loss and close. today I not open a trade, because Dracula from EZB will speech in 30 min, red news!
  • #449
  • Apr 6, 2017 2:06am Apr 6, 2017 2:06am
Quoting grandaevus
{quote} SellStop has been triggered. TP @ 1.06593 SL @ 1.06843 BE @ 1.06613
Closed out @ TP. Done for today.
  • #450
  • Apr 6, 2017 2:18am Apr 6, 2017 2:18am
Thanks Draghi
  • #451
  • Apr 6, 2017 6:05am Apr 6, 2017 6:05am
Any problems with ea?
  • #452
  • Apr 6, 2017 6:15am Apr 6, 2017 6:15am
Quoting grandaevus
Any problems with ea?
Working fine, thanks.
  • #453
  • Apr 6, 2017 6:17am Apr 6, 2017 6:17am
Hi grandaevus,

Would appreciate if you could come out with the "stealth" version of your EA soon--no pending order will be placed but instead will place market order when bid price crosses the 00 level. Part of the reason is because my broker does not allow placing pending order too near to the current market price and the other reason is to obscure the broker from seeing where we place our pending orders. Thanks in advance.
  • #454
  • Edited 7:21am Apr 6, 2017 6:47am | Edited 7:21am
Quoting k2v77
Hi grandaevus, Would appreciate if you could come out with the "stealth" version of your EA soon--no pending order will be placed but instead will place market order when bid price crosses the 00 level. Part of the reason is because my broker does not allow placing pending order too near to the current market price and the other reason is to obscure the broker from seeing where we place our pending orders. Thanks in advance.
Very good idea.

Suppose,

Two pending stop orders are placed @

BuyStop @ 1.06800
SellStop @ 1.06700

Sell (short) orders always use bid price for entries. (price that you see in charts).

Buy (long) orders use ask price for entries.

So speaking for our example,

Price (bid price) goes up till 1.06795 and returns back. If spread is higher than 0.4, your pending buy stop order would be triggered since ask price is >= 1.06800

Using bid price for entries eliminates this problem.

But replacing pending orders with market orders is a big change so i need a confirmation from Zen since this is his strategy.
  • #455
  • Apr 6, 2017 6:51am Apr 6, 2017 6:51am
Quoting k2v77
Hi grandaevus, Would appreciate if you could come out with the "stealth" version of your EA soon--no pending order will be placed but instead will place market order when bid price crosses the 00 level. Part of the reason is because my broker does not allow placing pending order too near to the current market price and the other reason is to obscure the broker from seeing where we place our pending orders. Thanks in advance.
Get another broker, soon...
  • #456
  • Apr 6, 2017 7:22am Apr 6, 2017 7:22am
Quoting k2v77
Hi grandaevus, Would appreciate if you could come out with the "stealth" version of your EA soon--no pending order will be placed but instead will place market order when bid price crosses the 00 level. Part of the reason is because my broker does not allow placing pending order too near to the current market price and the other reason is to obscure the broker from seeing where we place our pending orders. Thanks in advance.
What is your broker by the way?
  • #457
  • Apr 6, 2017 7:27am Apr 6, 2017 7:27am
Quoting grandaevus
{quote} What is your broker by the way?
XM
  • #458
  • Apr 7, 2017 12:19am Apr 7, 2017 12:19am
Sorry , for late post.
yesterday i was sick,
my health not so well nowadays.

Yesterday trade @1.0670
TP @ 1.0660
Green pips yesterday.
Attached Image (click to enlarge)
Click to Enlarge Name: 6-4-2017.png Size: 29 KB
  • #459
  • Apr 7, 2017 1:00am Apr 7, 2017 1:00am
Trading with ###ZenTraderEaV05,

EmphasizeCommission = true,

BuyStop @ 1.06600
SellStop @ 1.06400
  • #460
  • Apr 7, 2017 2:17am Apr 7, 2017 2:17am
SellStop has been triggered.

TP @ 1.06292
SL @ 1.06542
BE @ 1.06312
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