template for manual trading
and EA V104 revision 2, to allow u guys to see recent ADX for 5M and 1M.
and EA V104 revision 2, to allow u guys to see recent ADX for 5M and 1M.
Attached File(s)
The System Behind the System, by Merlin Jeffries 16 replies
trendline break/bounce trade System - 1 to 3 RRR 13 replies
Easy Bounce System autotrade and manual 22 replies
Knife system, Vegas 4h system related questions. 4 replies
Would you trade this system? New system #2. 10 replies
DislikedThanks Siobi:
I hope this was not rushed out on our account. Few comments...
I understand the rule about the mosquitos but the rule about 50pip stop loss...on a 1 min chart?? Questionable Money Management is right!
Anyhow, I think if we all continue to test this out we may be able to refine it such that the s/l does not have to be so far out. I would prefer to take less trades if at all possible...
Having said that, I have not yet managed to setup the system entirely in order to go through it thoroughly...
I will send my feedback..
Thanks,
Cashmmer...Ignored
DislikedSL=50 ? haha you may always trade based on your own preference.
just an advise, you may set the SL to 15 pip as usual is just like how you wanna trade on this system on the exit point.
For me, I rather use 15 pip as my SL and semi auto trading, entry by EA, exit manually, so I set 50 SL is to ensure if I lose my internet connection I do not lose that much...
offcourse if I'm losing on the breaking of the price, I'll stop immediately.. and it might be losing less than SL that I set previously.
after a long reply,
cut it short,
SL50 is...Ignored
DislikedOk, maybe someone more intelligent than myself can get the following take profit ea to work alongside v104 in order to have a hard automatic stoploss. For some reason, I tried inputting 0 for the magic # in the MTP ea and it wouldn't close out my manual trades. (0 should close all open trades whether manual or opened by v104 that are stopped out I think) I used 3 pip stoploss (maxloss) just to test, and once stop was reached and beyond, trades are still open for some reason. A good stoploss for v104 may be 15 as siobi suggests. Anyway...Ignored
DislikedOk, maybe someone more intelligent than myself can get the following take profit ea to work alongside v104 in order to have a hard automatic stoploss. For some reason, I tried inputting 0 for the magic # in the MTP ea and it wouldn't close out my manual trades. (0 should close all open trades whether manual or opened by v104 that are stopped out I think) I used 3 pip stoploss (maxloss) just to test, and once stop was reached and beyond, trades are still open for some reason. A good stoploss for v104 may be 15 as siobi suggests. Anyway...Ignored
DislikedHi Siobi
I don't get it
as it was yesterday, was it an ea that was supposed to close its positions itself?
what is the difference for the revised ea you gave today?
why the sl are 0 until we move to b/e and then the t/s appears?
what is the hidden sl if any?
thanks for those answersIgnored
Dislikedman...I am completely lost in terms of how to use an EA. I have never used one before. I need to read through the help files....
I just managed to get the charts up and running and I still do no know if it is right...it does not look like yours.
Perhaps Siobi, when he/she is less busy can post a chart to confirm the look.
Moreover, I remember a thread that siobi posted talking about letting the EA run through the day and it would automatically close at 23:00 hours.
I have no idea where to find a time function nor the function to modify the...Ignored
Dislikedman...I am completely lost in terms of how to use an EA. I have never used one before. I need to read through the help files....
I just managed to get the charts up and running and I still do no know if it is right...it does not look like yours.
Perhaps Siobi, when he/she is less busy can post a chart to confirm the look.
Moreover, I remember a thread that siobi posted talking about letting the EA run through the day and it would automatically close at 23:00 hours.
I have no idea where to find a time function nor the function to modify the...Ignored
Dislikedguys.
final version (hopefully)
only EUR/USD.
turn it on for 24 hours...
it will auto close during end of the day daily.... (23:00)
EA V104 Final version. 181 pip from Jan 5 until todayIgnored
DislikedSiobi:
I, as most people in here, are grateful that you're trying to put together something that could help us all make some money in FX, and you're not trying to sell it to us.
Having said that, I think you need to manage people's expectations...I refer to your quote above. I think the impression you gave was that this was something that could be left on all day and would open and close trades as per instructions.
Maybe, I don't know, but maybe that's not possible...and that is fine......I think this week ahead should be revealing in terms...Ignored
DislikedHello,
Try this trade manager ea http://www.forexfactory.com/showpost...99&postcount=1
I think you will like it.
Regards,
JeffIgnored
DislikedI manually stopped 3 trades for a total of 53 pip profit on the 9th.Ignored