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ForexScotty replied Mar 16, 2018Added 2nd TE with corrected version of the EA that is for validating entries only. Once I have Arby's permission to post I will add it so the forum can help see the win rate based on small Pip exit. But since the first version did so well with ...
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 16, 2018BTW - Spoke to Arby and the EA is still being worked. As it is on Arby's spare time, I am not going to rush. When a forum testable version is ready, I will post it.
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 16, 2018I noticed when I setup the MyFXBOOK verified account page for this thread, I used their investor password and forgot to change the Trade Explorer. And since I did not write down the MyFXBook investor password, I had to delete and recreate the ...
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 15, 2018I agree 100%. The only version he sent me was to confirm the logic. I am hopeful once he corrects a couple items I mentioned, he will post here or ask me to do so.
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 15, 2018Even now, I am only using a 8 pip target with a BE just to test probability of wins versus losses. But even an 8 pip target is an arbitrary number as it does not take into consideration the overall chart conditions.
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 15, 2018Thanks Fxbhopal, Arby1108 is currently working on it as far as I know.
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 14, 2018Just for fun, I took Arby's EA which only trades based on the correlation and threw a 8 pip SL with a 24 Pip TP. Once the EA has more filters it can be played with more. image
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 14, 2018Thank you, but risk/reward ratios will come later. At this stage, we are identifying and confirming the probability of specific entry points based on the indicators described and correlation identified. Just because the correlation may validate a ...
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 14, 2018With the posting of a trade explorer and myfxbook page, Until there is a change (new version), I do not want folks to focus on the gains or profit of the EA. We are not there yet. What we are looking for at this date moving forward is win rate. Once ...
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 14, 2018I don't want to send a bunch of requests to Arby if there is something I can test myself to see if it is valid. If it turns out to be valid, then we can see if Arby will include it.
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 14, 2018Trade Explorer added on the first version of EA Arby has given me. At this time, the EA only opens orders when the CCI hits + or - 100 on the CCI with the other indicators as described on first post.He is working on update where it will simply check ...
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 13, 2018If this turns out to have value and if people use it and make money, just promise me you send me a LIKE or maybe buy me a drink sometime.
If it turns out to be another failed search, you are welcome to sit in your chair and laugh! ...Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 13, 2018Predicting the market is what we are all after. So far, for a few candles at least. I believe this has the potential to make some pips. But watching for them every 30 minutes on the m30 can be a challenge. Especially if you have a day job and want ...
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 13, 2018Now, obviously we can not determine how far the market price will travel and it is not 100% correct. But, it seems to be correct enough to assign probability. Figuring out best exits and better filtering is what I hope we can work together on.
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 13, 2018Tzamo, no offence taken at all. :-) It is not what each indicator does that is important to me. It is what I noticed when they all align that I found fascinating. Using the vertical white line to show. image CCI at or below 100 RED Heiken Ashi Red ...
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 13, 2018I read somewhere that some people like to trade the CCI when it crosses the zero line instead of +100 or -100. I tried that last night and the results were vastly different. Almost all losses.
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 12, 2018Not as big a day as Friday, but 3.9% is nothing to complain about. I think I could have made more trades, but could not sit in front of the PC all day. Arby1108 is working on an EA and if his plan to share with the forum is the same as mine. We hope ...
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 10, 2018What I am trying to determine here is ...is this just luck? Or, something of value for a long term strategy? To prove a strategy to be "legit" as you say, will take time. What is the value of posting on FF from the inception? I can do one of two ...
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 10, 2018At your comment, I have added a TE to this thread from when I started trading this manually on Friday. This was before I saw the correlation with the CCI and when I came up with the idea of thinking about EA creation. If no one creates an EA, I will ...
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 10, 2018Let me better define phase 1 - Solidify a consistent entry point - I think I have found one as outlined in first post I will pick a pair at random from my charts. But you can load the indicators and verify my findings. image Note the vertical ...
Looking for an EA to test my theory - TBA ForexScotty's EA