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ChicagoRob replied Nov 8, 2012The EA does everything, including entries, exits, and trade management per your criteria. Rob
The7 Trading System
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ChicagoRob replied Nov 7, 2012This is the actual EA, not just a trade manager(attached, herewith).
The7 Trading System
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ChicagoRob replied Nov 7, 2012My original demo did really well, but I had to eliminate it when I performed disc cleanup duty. This is my second demo, with all trades executed with Hopwood's EA, with BreakEvenTargetPips at 20, and HalfCloseEnabled = True.
The7 Trading System
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ChicagoRob replied Oct 29, 2012In the past, I was just using a 30-pip hard TP, with a hard SL. I'm thinking about changing over to a BE-pips, partial close approach, which is available in Hopwood's EA
The7 Trading System
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ChicagoRob replied Oct 27, 2012Excellent idea. I, too, noticed many trades losing much of their gains when waiting for an opposite candle to close the position. I just checked some of my charts and found that using the candle-close outside the channel made some very good profits, ...
The7 Trading System
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ChicagoRob replied Oct 25, 2012Thanks for posting the system - looks good. How effective is it in ranging conditions? Rob
3% Risk Gives You Bliss System
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ChicagoRob replied Oct 24, 2012Please post your chart. Are talking about using the weekly as confirmation, or trading the weekly chart? Rob
The7 Trading System
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ChicagoRob replied Oct 22, 2012All three of my jpy trades stopped out. They looked like good setups, too. Oh well... Rob
The7 Trading System
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ChicagoRob replied Oct 21, 2012Yeah, I have the eurjpy trade, also, plus audjpy, nzdjpy and audusd. Rob
The7 Trading System
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ChicagoRob replied Oct 15, 2012You are correct - I'm only shooting for 30 pips. In many cases, I've noticed that the next bar after the entry bar will reverse and hit SL. I'm just going for whatever momentum is in the entry bar, which usually is at least 30-pips. I also have a ...
The7 Trading System
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ChicagoRob replied Oct 14, 2012My first demo did really well with 19 wins and 4 losses. The attached results are from my new demo, which is doing great so far.
The7 Trading System
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ChicagoRob replied Oct 6, 2012And what information are we supposed to receive from your post, besides just the graph?
The7 Trading System
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ChicagoRob replied Oct 5, 2012This is the only trade I've made that doesn't look like it'll make any money. It was hard to tell if the candle body was inside the channel, but I went for it anyway, since I was hoping for a bounce off a potential triple bottom. If there is no ...
The7 Trading System
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ChicagoRob replied Oct 5, 2012I have MPTM set to capture the first 30 pips for this very reason. I'm pretty sure my trade closed out around +40(not at home right now). I'm breaking the rules, but my hit rate is almost 100%. Rob
The7 Trading System
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ChicagoRob replied Oct 5, 2012The nzdusd pin bar got my attention yesterday. Already in the trade and banking some good pips. Rob
The7 Trading System
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ChicagoRob replied Oct 3, 2012I prefer that the candle open be outside the channel. It is working well for me, but you never know when the other shoe will drop. Rob
The7 Trading System