A visual backtest showed that a lot of pairs will temporarily hit anywhere between 200 to 250, and reverse. These are the sudden spikes, rather than a slow gradual climb from the MA. These trades are rare. Maybe only one a week or every other week. ...

Nanningbob 60x90 EA

Thanks, Taz. May try those settings on a live $2,000.00 account. The 90 away gets more trades. My main concern is getting stopped. Some of the pairs would have been stopped in December and January, which isn't that long ago.

Nanningbob 60x90 EA

Taz, are you trading them all at 90 from center on a (how many minute) chart, at .01 each, with a 500 pip stop on each?

Nanningbob 60x90 EA

dmj, the mathematical laws can never be broken.

Math Monster Martin Trend .......... ka ching

two perfect trades on the USDCAD, at 150 PIPS away from center. Hit the mark, and then reversed. I'll take two of these every week on about 10 pairs. Doesn't get any better than just squeaking in and having the trade immediately go your way.

Nanningbob 60x90 EA

dmjservices, it sounds like what you're talking about is something completely different than this system, which trades ONLY short, or ONLY long at 90 pips away from the 80 Moving Average. Perhaps your system will be effective for someone who wanted ...

Nanningbob 60x90 EA

I knew it all along. This is a different method than what we are talking about here. It's the 100X80 EA that I did use previously that starts from square one, and goes both short and long, instead of from 90 away, or 120, or whatever people are ...

Nanningbob 60x90 EA

what dont you understand now daddy? I don't understand what happens if it doesn't keep trending, but immediately reverses.

Nanningbob 60x90 EA

My son, can you explain in a few paragraphs how this could be accomplished, because I, for one, am a skeptic. At whatever point you enter, whether you have 3 levels going at a loss, or no levels, it's still a new trade. I'm having trouble ...

Nanningbob 60x90 EA

Exactly, Tazman.....know the risks and build them into your strategy. Plan on the worst thing that could happen, because it can, and will, at least sometimes.

Nanningbob 60x90 EA

W37, EXCELLENT post. No EA and no system will win all the time. I was able to get out of all of my trades at 4:00 this morning at break even. Had I put a recovery EA on last night, would have made a very good profit. But, my decision was to ride it ...

Nanningbob 60x90 EA

Wish I would have. All depends on your entry. Plus, if I had a 4 level EA on it, I would have just squeaked out a win. Woulda, coulda, shoulda. This pair was debatable for me to include. Will scratch it off my list after this.

Nanningbob 60x90 EA

Will take more than a few minutes to digest, my son.

Nanningbob 60x90 EA

Down $125.00 as it stands on my third level EUR/JPY trade. Would be at a levl 4 if I started at 90. If it keeps going up, will have to decide whether or not to put the recovery EA on.

Nanningbob 60x90 EA

Lenoxer, I'm no coder by any means, but the EA made by Nanningbob is very easy to manipulate. I have simply modified the EA he made to trade at the various levels away from center that I'm using for the different pairs, changing it from 90 to 120, ...

Nanningbob 60x90 EA

I think what you're doing has some merit. Would be interessting to do a visual backtest to compare your idea to going 3-4 levels with a 500 pip stop.

Nanningbob 60x90 EA

You can change the indicator distance by clicking on the indicator and changing the distance away from 90 to whatever you want. Be sure to change the other lines accordingly. If you want to trade at further distances away than 90, you need to go in ...

Nanningbob 60x90 EA

The GBP/JPY can go up and down crazy amounts in short order. I like the EUR/JPY but only at 120 away from center on a 15 minute chart. If you used a one hour chart at 90 away, you can see you'd have been at level three comapred to me being at level ...

Nanningbob 60x90 EA

Has this system bit the dust?

Slingshot-30 Min. PA System

That's great, white...to have more than doubled an account in such a short time. Most likely, the larger the account size, the more conservative someone would be. I didn't even have any trades open from Friday to profit from & still made out OK. ...

Nanningbob 60x90 EA