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MickeyMar replied Oct 23, 2017Damien, the main problem is the standard entries, because only then we could have (because of MA overlapping temporarily) a few valid signals within a short period of time, like the one that happened on audchf last week. I just don't want the EA to ...
Channel MA Short-Term System
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MickeyMar replied Oct 23, 2017You're right Damien, what you say makes sense in the logic of the system. Yes, let's do like you propose, but let's make that setting editable, so each can adjust it to the number of candles they want. Thanks for your efforts!
Channel MA Short-Term System
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MickeyMar replied Oct 23, 2017Guys, I had NO IDEA about other systems using this channel or the 55EMA. I don't claim any originality, I don't care about that, only about making this system automated and working profitably. This Dennis whatever system HAS ITS OWN THREAD. If you ...
Channel MA Short-Term System
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MickeyMar replied Oct 22, 2017Actually Sidric... no offense, but for me this is a bit distracting. As far as I see this indicator has no connection to the original strategy. Bringing other systems and indicators into what we have is taking us way too far from our main topic, and ...
Channel MA Short-Term System
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MickeyMar replied Oct 21, 2017DamienD, sorry to be a pain in the ass... but could you also add a simple ON/OFF button to the EA? It would be useful to simply turn off a certain pair if the situation in the market requires it, without having to remove the EA from the chart and ...
Channel MA Short-Term System
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MickeyMar replied Oct 20, 2017Sorry Elsar, it's my bad - didn't realize you guys were discussing scaling out options. I could not test the other EA, unfortunately, as I'm still trying to get a good grip on Damiend's work. This weekend I'll have a look, since it's clear that what ...
Channel MA Short-Term System
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MickeyMar replied Oct 20, 2017Don't worry Damien, you do the coding, we do the testing and reporting

Channel MA Short-Term System
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MickeyMar replied Oct 20, 2017Beethoven, you got it right - CADJPY was not exactly a symphony the last few signals: first a loss (-40), then a trade closed at breakeven (right before the fall) and now a +6pips open trade. CADCHF, AUDCAD and AUDCHF are responsible for about ...
Channel MA Short-Term System
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MickeyMar replied Oct 20, 2017Actually, as mentioned before, I like the news
Because with this system there is no HUGE loss, our damage is limited at 50pips or, like some of you suggested, even less. While the profits are not capped...
CADJPY closed at break ...Channel MA Short-Term System
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MickeyMar replied Oct 20, 2017Diamond, please, don't take it the wrong way - I just didn't understand what it was all about, because I could only test the EA made by Damiend, and the trades you showed in the picture seemed all like scalps. And the system I presented doesn't ...
Channel MA Short-Term System
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MickeyMar replied Oct 20, 2017All pairs Joseph, since I'm still testing the EA. Manually I traded EURUSD, USDJPY, GBPUSD. When I start trading live i will probably reduce it to about 10, so as not to expose too much from the start.
Channel MA Short-Term System
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MickeyMar replied Oct 20, 2017Hi Diamond, Honestly I don't follow, I have no idea what AMA is, and in general what the above has to do with the system we're discussing in this thread. This sounds more like a scalping strategy
Please, don't take it the wrong way, but if what ...Channel MA Short-Term System
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MickeyMar replied Oct 19, 2017image Here's the situation now on my platform. Unfortunately, a valid signal was missed today on my platform, I don't know if it's an error on my side or some EA issue: GBPCHF should have taken a delayed entry around 1.2871, but this trade was ...
Channel MA Short-Term System
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MickeyMar replied Oct 19, 2017I hadn't seen this post - I suggested the same thing to Damian, a setting that would allow taking profits if price closes on the opposite side of the channel
If 2 people see the same thing... must be right
Yea, reducing stops is good in the ...Channel MA Short-Term System
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MickeyMar replied Oct 19, 2017You can modify the magic number for each chart, when you put the EA on. It's editable.
Channel MA Short-Term System
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MickeyMar replied Oct 19, 2017I am completely on the same page with Damian here. the Daily/weekly/monthly pips target would be a great idea. For instance, last night the NZD pairs produced HUGE profits on the system. I accidentally closed my pc again when I went to sleep... so I ...
Channel MA Short-Term System
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MickeyMar replied Oct 19, 2017Fotolia: I think you should see the rules again, but in any case I'll try to explain again: There are 2 ways to enter: immediately (when a crossover happens and the 50pips maximum SL is not on the same side of the channel) or delayed (when the ...
Channel MA Short-Term System
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MickeyMar replied Oct 18, 2017That's exactly the rule I used, so it's correct from my side. I was thinking of making that rule "10pips beyond the channel", to be even more sure, but I guess the difference is negligeable. We will still get stopped out many times, the important ...
Channel MA Short-Term System