- Search Metals Mine
- mt41969 replied Dec 1, 2008
o dear. At least you know what the problem is now and can fix it.
Relative Strength Basket Trading System
- mt41969 replied Dec 1, 2008
One word of caution. Just because you tell the EA to close all if Profit>x or Loss<x doesnt actually mean it will or can. When you submit a closeorder() it can take awhile to actually close all the trades due to the tick movement for each currency ...
Relative Strength Basket Trading System
- mt41969 replied Dec 1, 2008
There is a big difference now, the money is mine. Forex is all about protecting what bank you have. Before it was the banks money so i didnt give a toss, apart from achieving my bonuses.
Stop fooling yourself; There is no system
- mt41969 replied Dec 1, 2008
i would actually code the entry points as: if(Trade_JPY_Basket) { if( iCustom(NULL, Time_Frame, "RS_GROUP_JPY V1.0", 1, 0) > 50 && iCustom(NULL, Time_Frame, "RS_GROUP_JPY V1.0", 1, 0) > iCustom(NULL, Time_Frame, "RS_GROUP_JPY V1.0", 0, 0) && ...
Relative Strength Basket Trading System
- mt41969 replied Dec 1, 2008
Because JPY is still strong on KG RS Group maybe ?
Relative Strength Basket Trading System
- mt41969 replied Nov 30, 2008
Dont forget just because the world economy is knackered doesnt mean certain traders arent making bucket loads. Anyone who sold GBPUSD 3 months ago is sitting on a nice big mountain of money.
Stop fooling yourself; There is no system
- mt41969 replied Nov 30, 2008
Banks do not sack their BEST senior currency traders.
Stop fooling yourself; There is no system
- mt41969 replied Nov 30, 2008
Traded for barclays for 7 years. Trading for myself for 2 years 4 months. ROI is average of 39% per month. Profits are withdrawn weekly. Weekly starting bank is always £9,000.
Stop fooling yourself; There is no system
- mt41969 replied Nov 30, 2008
Rick, Yes it should work with all brokers. Here are the other currency basket indicators.
Stop fooling yourself; There is no system
- mt41969 replied Nov 30, 2008
Place the attached indicator on USD/JPY 1H chart. When the indicator says WEAK BUY all xxxJPY pairs. When the indicator says STRONG SELL all xxxJPY pairs. - When the total orders profit is greater than your TP, close all orders. - When the total ...
Stop fooling yourself; There is no system
- mt41969 replied Nov 30, 2008
YES, i beat the math 6 out of 10 times. Thats all i need todo. Forex is not roulette or a fruit machine. i.e. its not fixed against you winning. I worked for barclays dealing desk in London for 7 years before going alone at trading. if what you say ...
Stop fooling yourself; There is no system
- mt41969 replied Nov 30, 2008
Vlad did you blow your $300 account using lotsize=3.0 ?????
Stop fooling yourself; There is no system
- mt41969 replied Nov 30, 2008
Vlad, Yes there are systems and strategies that work. I make over 1000 pips per week using basket trading 24/5. Ofcourse you will not profit from every trade, thats virtually impossible. But if you have correct money management/lotsize and win 6 out ...
Stop fooling yourself; There is no system
- mt41969 replied Nov 30, 2008
That should work well if the correlation between the two currencies is <= 0.9 on a 30M or higher chart.
Is This My Holy Grail EA :D
- mt41969 replied Nov 28, 2008
If you are using these Martingale EA's why not just run it on EURUSD and USDCHF as these are negatively correlated on a 1H timeframe ??
Is This My Holy Grail EA :D
- mt41969 replied Nov 28, 2008
Matrixebiz, is it possible to get hold of the source code behind KG MFT EA as i would like to test some changes and i have allot of time on my hands.
Relative Strength Basket Trading System
- mt41969 replied Nov 27, 2008
Apart from the horrific backtest results i mentioned earlier, there is also a bug in the software which means that orders are not closed when they should be due to OrderClose error 138 which means requote. This seems rather strange considering ...
Ninpostar Revolution
- mt41969 replied Nov 27, 2008
Has anyone actually back tested the Ninpostar Revolution 1.2 ? The results are horrific whatever currency pair you choose!!!
Ninpostar Revolution
- mt41969 replied Nov 27, 2008
i had an EA to trade these signals and on back testing a 10,000 bank ended up being 1,286. As i stated if the market trends up or down then yes it works but on a ranging market it loses BIG TIME.
The CCI SS