Is this also the recovery system you recommend for the 5.3 method?

Nanningbob 60x90 EA

A global variable won't do the trick as it's limited to within MT4, it's not THAT global. You can write a file from mt4 and read it with Excel. I've struggled with directory access when I tried but I'm sure there are ways around it. Perhaps better ...

Easylanguage GLobal Variable with Excel

Just make sure you are aware what the sixth indicator does. Actually, that's pretty simple, it cuts your screen into 6 pieces. So if you zoom out on a large time frame the distance from one line to the next is a large number of pips. Zoomed in ...

Nanningbob 4h trading system ver. 5.0

Something has changed in their policy, or so I'm told. They now need a cc statement for withdrawls as well as deposits. I made a small deposit and after I emailed them the statement it appeared in my account. They also told me it was a one off thing ...

Alpari.co.uk Discussion

I don't know where the templates with the right colors are. In any case, you don't want to trade in the center zone, so between the red lines of the sixth indicator, in your pic. The red, white and blue lines are your red, black and blue. The ...

Nanningbob 4h trading system ver. 5.0

Thanks for the quick reply!

Nanningbob 4h trading system ver. 5.0

On the 10.0 recovery: How would you manage the recovery trade? Do you set a stop after x pips in profit? Use a trailing stop etc? So far this has been a good month, I already made 14%. Thanks Bob and everyone else!

Nanningbob 4h trading system ver. 5.0

Your screen is a bit different then mine, I somehow seem to miss the BBands. I use the 5.3 system with Steve's eas to enter trades. So for your GBPCAD I would but the nr1 buy ea on the chart if price is within the BBands or nr2 buy if it's outside. ...

Nanningbob 4h trading system ver. 5.0

Those are some amazing results Bob, I am looking forward to learn more. I just got back from my trip to the US. It was very pleasing to see the EURUSD go up during my trip to make my holiday a lot cheaper. I did continue to trade but I was very ...

Nanningbob 4h trading system ver. 5.0

It's your thread, you can post whatever you like. I think it's useful for everyone in trading to be aware of the macro economic situation. Your lvl1 0.2 + 0.3 entry sounds like you want to scale into a trade. I have played with this too recently. Do ...

Nanningbob 4h trading system ver. 5.0

I'm still here but usually I don't have much to contribute. I agree that having a large enough account size is the key as you will always run into drawdown. 5-10% dd is well within my comfort zone, but over the Japan crisis it has been as large as ...

Nanningbob 4h trading system ver. 5.0

I do only put an ea on when I see that there is some s/r line in the area. In general you only drop an ea on a chart when you like the setup. This week so far has been slow for me, last week was good and I managed to cut down the drawdown and bank ...

Nanningbob 4h trading system ver. 5.0

Sorry to hear about this. I was looking at dbFX as a possible future broker. I have used forex.com and was not happy with them so I would not consider using them again.

dbFX (Deutsche Bank)

I use his trade manager all the time. Works for me. He also coded the ea's for the NanningBob 5.3 method, which I am using. They are not so much fire and forget but you put them on charts when the market meets certain conditions. Up to the Japan ...

SteveHopwood EAs

Yesterday it seemed things were moving in the right direction but today it's turned around again. Will the trend continue or is this a pullback after yesterday's drop? Who knows.... On a positive note. Making a trip to the US in a few weeks time, ...

Nanningbob 4h trading system ver. 5.0

It's times like these that keep me humble and remind me to keep my lots down. Most of the time, when the market ranges, I look at my account, my margin and my drawdown and dream about how much money I could make if I multiplied my lots by 10 or ...

Nanningbob 4h trading system ver. 5.0

Good stuff indeed. I will have to free up some computer resources to play with this... I can confirm that rich people take very cold showers (from my experience at Henley Royal Regatta). Thanks to the cold shower they a) spend very little time in ...

Rinse and Repeat. A hedge trading auto-trader by SteveHopwood

What kind of lotsize will you be aiming for? Or in how many pips do you plan to break even? I too have been watching the 8MA and so far it has kept me out of, what would have been, bad recovery trades. While I'm still in the NZDJPY I did make some ...

Nanningbob 4h trading system ver. 5.0

This seems to be a good call. There've been some tiny retraces but none touched the 8MA. This pair just seems to drift up like most NZD and JPY pairs.

Nanningbob 4h trading system ver. 5.0