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100PipsADay replied May 16, 2013Fishcoo! It is funny that you mentioned that! I have been thinking about that particular strategy for the past few days! I will talk with my friend about possibly coding this particular EA in the next few weeks. I'm wrapping things up with my new ...
Third Screen Strategy - Dr. Alexander Elder
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100PipsADay replied May 16, 2013If we had a 50 pip profit target then we would need to have no more than a 50 pip stop loss target, or something even more like 25 pip SL to keep the same risk/reward ratio. However, due to the fact that we are trading off of the Daily charts and ...
D1 - 20 EMA & 50 EMA
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100PipsADay replied May 15, 2013I normally like to keep leverage under 20:1. Money Management is a whole different topic and I would prefer not to get into it as everybody's risk tolerance and financial goals vary.
D1 - 20 EMA & 50 EMA
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100PipsADay replied May 15, 2013I'm going to add you to MyFxBook watchlist... Good luck!
D1 - 20 EMA & 50 EMA
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100PipsADay replied May 15, 2013It is up to you to close trades manually or to wait for SL targets to get hit. But I never like to have buy and sell positions for the same pair open ever, just not my style...
D1 - 20 EMA & 50 EMA
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100PipsADay replied May 15, 2013I've never had that happen before... Not sure what to say. Please let me know if that happens again so that I can get it checked out, thanks for letting me know.
D1 - 20 EMA & 50 EMA
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100PipsADay replied May 15, 2013You don't need to worry about installing any of the files except for the "D1 20 EMA & 50 EMA" file. The other files are there in case you want to have the same chart template as me. Installing EA Into MT4: 1. Download the file. 2. Shut down your MT4 ...
D1 - 20 EMA & 50 EMA
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100PipsADay replied May 15, 2013Hi Erebus, I'm going to use a 250 SL and 500 TP for GBP/USD, thanks for catching that! The ADR is a good idea, however, I am going to stick with these particular parameters for the time being. I am curious though to see the numbers that you come up ...
D1 - 20 EMA & 50 EMA
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100PipsADay replied May 15, 2013Thank you for the compliments but I need to clarify that I did not do everything on my own. I have a friend, member named khaled_ctg who programmed this strategy and created this EA for us to utilize. This wouldn't have been possible for any of us ...
D1 - 20 EMA & 50 EMA
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100PipsADay replied May 15, 2013Agreed!
I like how you said how this EA serves as a good entry robot so that we won't have to be glued to our computers waiting for H1 conditions on various pairs. As long as we keep an eye on the overall trend every few days one can be ...D1 - 20 EMA & 50 EMA
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100PipsADay replied May 15, 2013I'm not sharing OR selling the Third Screen Strategy EA. Sorry...
D1 - 20 EMA & 50 EMA
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100PipsADay replied May 15, 2013You're welcome, it doesn't matter which time frame you have it attached to, it will automatically detect overall trend as well as entry points for you.
D1 - 20 EMA & 50 EMA
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100PipsADay replied May 15, 2013You make very valid points and no offense taken
This EA will help us maximize profits when trend is strong but it is highly recommended that we all disable the EA after initial 6-8 positions are opened up, wait for TP targets to be reached, then ...D1 - 20 EMA & 50 EMA
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100PipsADay replied May 15, 2013Exactly! This is the biggest reason for me deciding to step in and disable the EA after we get 6-8 open positions. I think it's a better idea to wait for positions to close and then reassess each pair individually and wait for further trending or ...
D1 - 20 EMA & 50 EMA
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100PipsADay replied May 15, 2013Hope you are enjoying the Expert Advisor Erebus!
If you ever have any questions feel free to post and I'll do my best to answer them, however, the system should be pretty self explanatory by now and with a little intervention every now and again ...D1 - 20 EMA & 50 EMA
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100PipsADay replied May 15, 2013I don't know what the other EAs were like as I have never tried them... They were coded and brought to this thread by a different member, you may have to ask him. As for the two arrows: The top arrow represents the Daily trend: Red arrow pointing ...
D1 - 20 EMA & 50 EMA
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100PipsADay replied May 15, 2013The D1 20 EMA & 50 EMA EA is posted on the first post as well as a few posts above yours. Here are current recommended Stop Loss and Take Profit parameters for this system: url Do not compare anything to the Third Screen Strategy thread as this is ...
D1 - 20 EMA & 50 EMA
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100PipsADay replied May 14, 2013Those numbers are fairly close to what I currently have set for EUR/JPY which is 225 SL and 450 TP. Like I said, feel free to change up your SL and TP parameters according to your comfort level. However, I think I'm going to stick with my most ...
D1 - 20 EMA & 50 EMA
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100PipsADay replied May 14, 2013None of the other EAs posted in this thread were done by my coder and I have never used them before. All settings are programmed in except for lot size, stop loss, take profit, max positions, delay in hours between new positions, and then trailing ...
D1 - 20 EMA & 50 EMA