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- jr2007 replied Mar 7, 2008
It was definitely a very rough week. You might not be rushing to judgement. Until this system is foward tested for a good amount of time, we may not know until then. Although this system gave very good past results, backtests can only give you past ...
39/39 HI/LO SYSTEM
- jr2007 replied Mar 4, 2008
Update — 3 Long positions were Stop loss out yesterday. Pips 1. -85 2. -85 3. -85 I adjusted my settings to enter 5 Short trades last night, if the opportunity presents itself. All 5 have been opened. Currently in the positive, but I need to ...
39/39 HI/LO SYSTEM
- jr2007 replied Mar 3, 2008
Update — I started this with one of my live accts. This acct. is one that has been through hell. The remaining balance was below $250.00. I am pleased to say that it is now above 1k. The way I traded it. On Thursday, I saw what seem to me as a ...
39/39 HI/LO SYSTEM
- jr2007 replied Mar 3, 2008
....if the close of a candle is above both 39 sma then it should open a long position right? Ok......but more like once the next candle opens, then a long position will open.
39/39 HI/LO SYSTEM
- jr2007 replied Mar 3, 2008
EA works on its own. All Indicators are for ones visual.
39/39 HI/LO SYSTEM
- jr2007 replied Mar 3, 2008
Update: The Trailing Stop was hit overnight. Here are the final total pips for all three trades. 1.624 2.635 3.634
39/39 HI/LO SYSTEM
- jr2007 replied Mar 3, 2008
The EA sets up a trailing stop that takes you out. That is if you don't hit the SL first. And yes, it will only close the trades that it opened.
39/39 HI/LO SYSTEM
- jr2007 replied Mar 2, 2008
Quick Update — image Quick Update:1 = 610, 2 = 621, 3 = 620 and counting
39/39 HI/LO SYSTEM
- jr2007 replied Mar 2, 2008
Well, there are various ones. I really don't have a favorite at this time. I am currently evaluating many indicatos trying to find the best one to determine trend change. The bad thing is that regardless of how good an indicator is, nothing is 100%. ...
39/39 HI/LO SYSTEM
- jr2007 replied Mar 2, 2008
Ok, the only settings that need to be the same are the ones in the first row going down, under "VALUE". The only one that is different is the Lots. That one does not matter if you are using MM (Money Management), which, for the purposes of the ...
39/39 HI/LO SYSTEM
- jr2007 replied Mar 1, 2008
Yes, for now the GBP/JPY, because of its volatility, it is the best one to trade with this system. All others just need to be evaluated, along with EA Adjusted. Hey, what counts is this EA is profitable. click and save to C:drive/programs/(broker ...
39/39 HI/LO SYSTEM
- jr2007 replied Mar 1, 2008
I would run this on a demo first. When you run it on an Acct. I would run it on a clear slate. Only the trades that the EA inputs.
39/39 HI/LO SYSTEM
- jr2007 replied Mar 1, 2008
Hey nvwine, thanks for all your work on these backtests. Like everything in life, this EA has its flaws, but I know it can be successful.
39/39 HI/LO SYSTEM
- jr2007 replied Mar 1, 2008
I agree, probably not. Let share my thoughts on this system. I was very excited with the results when I first recieved them. When I finally came back to earth, I figured, ok it work for that period of time in its continued state. I had to ask ...
39/39 HI/LO SYSTEM
- jr2007 replied Mar 1, 2008
Ok, if its from the first thread, then yes, I think you might have something wrong. I posted somewhere on this thread about some computers having an updated version of the MT4. It only goes as far back as so many months. Please anyone Backtesting, ...
39/39 HI/LO SYSTEM
- jr2007 replied Mar 1, 2008
re-download jr2007.v4 in post#1. I had this on another thread, and I hope you don't have those settings.
39/39 HI/LO SYSTEM
- jr2007 replied Mar 1, 2008
Thank you very much for that. Hey, I still like my results going with the trend.
39/39 HI/LO SYSTEM
- jr2007 replied Mar 1, 2008
UPDATE: At the close of the Market - 1 = 449, 2 = 460, 3 = 459
39/39 HI/LO SYSTEM