Ah! No worries, mate. Makes good sense. Scott

D1 - 20 EMA & 50 EMA

Interesting twist. How do you determine which 8 pairs, and when and how often do you revisit that decision? On the surface, it would seem you might have lots of small gains or breakevens, as a retracement of 75 pips happens quite often I think. ...

D1 - 20 EMA & 50 EMA

Well, it is definitely a modification of the original method, and it remains to be seen whether it will work out long-term. That's what forward testing is for, right? After three weeks, I am at just under 70% winning trades. With cutting off at a ...

D1 - 20 EMA & 50 EMA

Yep, 50:1 is all IBFX offers. The nice thing is that by taking profits at a predefined level, I clear all the trades and the margin goes right back to full capacity. In three weeks I have manually closed everything two times. Mind you, I am still in ...

D1 - 20 EMA & 50 EMA

I am trading 21 pairs at that level. I have had as many as 110 trades open at once and still did not have a margin concern. And this was on a 50:1 account at IBFX. So far, so good. My EA is currently set to a max of 8 positions per pair. I am ...

D1 - 20 EMA & 50 EMA

Hello. I wrote my own EA, but yes, I have it set to take no more than 8 positions on each pair. I am currently running it on a $3,000 USD demo account with a lot size of .03. In three weeks' time I have never been in danger of margin issues, and I ...

D1 - 20 EMA & 50 EMA

Caillou, that is exactly what I have been doing. Once I reach a certain percentage profit (I have been doing 3.3%), I close all orders and start fresh. To those of you thinking about limiting the number of pairs, I am not sure I would do that. One ...

D1 - 20 EMA & 50 EMA

The MQ4 file contains the source code, meaning you could actually open it in MetaEditor and make changes to the code of the indicator. The EX4 is the compiled version, ready to be used in MT4. Hope this helps.

D1 - 20 EMA & 50 EMA

No problem, glad you figured it out.

D1 - 20 EMA & 50 EMA

You must not have read the thread. Erebus did not create the EA. The trades are supposed to be no less than 6 or 12 hours apart on the same currency pair. There is a setting for this in the EA parameters. What are the times of your three E/U trades? ...

D1 - 20 EMA & 50 EMA

Ok. Thank you, sir!

D1 - 20 EMA & 50 EMA

100Pips, Have you turned off the EA on GBPAUD due to the seeming bounce off of weekly resistance from 12/30/12? In my daily charts (IBFX), I have something of a bearish pin bar. Thanks, Scott

D1 - 20 EMA & 50 EMA

Sure enough. I am working on another EA right now that trades on the 4H and gets the W%R signals on the 1H. TP and SL are ATR driven, and lot size is based on risk % specified per trade. Started running it this afternoon and still working out some ...

D1 - 20 EMA & 50 EMA

Yes, please point out any PASR tidbits as you are able, since I do think that will be an important aspect of this system going forward. Just from many of the comments I have seen about the system, I am afraid there are going to be quite a few ...

D1 - 20 EMA & 50 EMA

This method doesn't utilize trailing stops. Scott

D1 - 20 EMA & 50 EMA

Been a crazy ride for sure (in a good way), especially when you consider most of the backtests showed all of the last 12 months netting around 40,000 pips total. Just goes to prove that you never know. It will be interesting to see what happens once ...

D1 - 20 EMA & 50 EMA

Subscribed.

LFB System - London Fib Breakout

Correct. Just keep in mind that this EA can potentially open A LOT of positions, so you need to position size accordingly to avoid a margin call. If you want to use the same risk as 100Pips, on a mini account you will want to use lot sizes of .01 ...

D1 - 20 EMA & 50 EMA

You could use one of the ATR MT4 indicators to see the numbers. Maybe use ATR 60, which would give the average daily range for the last 60 daily trading bars (almost three months). Obviously you need more than just the daily range, though, so pick a ...

D1 - 20 EMA & 50 EMA

You are right on the ranging. And the problem is you never know which one (or two or three) are going to be ranging over the next year. Was your test using the 6-hour delay or 12-hour delay? Just curious. Scott

D1 - 20 EMA & 50 EMA