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Volatility Quality Index - page 50

xdotiwalla
4
xdotiwalla  

Trailing Settings?

Thanks to Newdigital and Mrtools for all your fine work here!

I am testing the EA now, but i noticed that you are using the default settings on M5 charts. The default settings have the trailing/breakeven settings to trigger at 50 pips.

Isnt that a lot for a M5 chart?

Thanks again!

Sergey Golubev
Moderator
114773
Sergey Golubev  

Yes, I am using VQ_ Ea_v2 ecn-1a EA from this post https://www.mql5.com/en/forum/general with default settings (this version is working with ECN/stp broker, and with any other broker with is not ECN/stp).

Take profit is 15 pips (4 digit pips) just because I am having the following:

DynamicTP = false; // Use ATR for pips of TakeProfit

Stop loss is dynamic one because I am using

DynamicSL = true; // Use ATR for pips of InitialStop

So, this 50 pips for trailing is not used as take profit is just 15 pips only.

It is profitable for some pairs (especially for EURJPY).

It may be good to trade with DynamicTP = true so in this case - take profit will be calculated by EA using ATR but in this case - the settings for this EA may be changed completely.

Sergey Golubev
Moderator
114773
Sergey Golubev  

ATR Stop Loss + Non-ATR 15 pips Take Profit settings: VQ_ Ea_v2 ecn-1a EA for normal and ECN/stp Metatrader's broker with default settings is on this post.

Statements by pairs and visual statements are attached to this post (inside zip file).

===================

Some profit/loss in dollars from the beginning of trading since 21st of March:

AUDJPY: 23 dollars

AUDNZD: 55

AUDUSD: -253

CHFJPY: -240

EURAUD: -445

EURCHF: -118

EURGBP: 83

EURJPY: 664

EURUSD: 32

GBPUSD: -471

USDCAD: -136

USDCHF: 103

USDJPY: -126

====================

Some profit/loss in dollars for this week (in dollars):

AUDJPY: 0 dollars

AUDNZD: 8

AUDUSD: 6

CHFJPY: 4

EURAUD: 10

EURCHF: 18

EURGBP: 2

EURJPY: 20

EURUSD: 6

GBPUSD: 102

USDCAD: 1

USDCHF: 1

USDJPY: 52.

The other pairs did not have any trades yet.

=====================

So, I am continuing trading/forward testing using M5 timeframe.

Just some of the visual statements (from the beginning of the trading since 21 of March) - all visual statements - see zip file attached to the post:

EURJPY:

EURGBP:

AUDNZD:

All the statements (including Metatrader's statements by pairs, by pips and by dollars) - see zip file attached.

----------

My comments for this week:

3 pairs are profitable since 21st of March and 2 pairs (USDCHF and EURUSD) became profitable for now:

- EURJPY - this pair is our champion which is profitable from the beginning without any lossing.

- AUDNZD.

- EURGBP - it is new pair to become a profitable: this pair recovered the losses.

- USDCHF and EURUSD - those pairs recovered after losses.

That's all news

===================

- Explanation of ATR settings is on this post.

- ATR + 15 pips settings: VQ_ Ea_v2 EA for normal and ECN/stp Metatrader's broker with default settings is on this post.

- ATR Stop Loss + Non-ATR 15 pips Take Profit settings: VQ_ Ea_v2 ecn-1a EA for normal and ECN/stp Metatrader's broker with default settings is on this post - there is no close on trend change on this EA coded a version with it.

- VQ_ Ea_v3 EA is on this post. It is improved version of VQ_ Ea_v3 ecn EA: added a trend confirmation, using 3 different time frames; also added a time frame control for VQ indicator; all these time frames can be adjusted by the user.

- Non-ATR 5 pips Take Profit settings + Non-ATR 5 pips Stop Loss settings: VQ_ Ea_v3 ecn EA is on this post - It is the version with regular stop loss and take profit set by default to 5.

- statements for M1 timeframe for VQ_ Ea_v2 EA ecn with ATR + 15 pips settings is on this post.

- statements for M5 timeframe for VQ_ Ea_v2 ecn-1a EA ecn with ATR Stop Loss + Non-ATR 15 pips Take Profit settings - more to follow.

Sergey Golubev
Moderator
114773
Sergey Golubev  

ATR Stop Loss + Non-ATR 15 pips Take Profit settings: VQ_ Ea_v2 ecn-1a EA for normal and ECN/stp Metatrader's broker with default settings is on this post.

Some trades for this week.

USDCHF:

GBPUSD:

EURGBP:

EURAUD:

and it is our champion - EURJPY:

===================

- Explanation of ATR settings is on this post.

- ATR + 15 pips settings: VQ_ Ea_v2 EA for normal and ECN/stp Metatrader's broker with default settings is on this post.

- ATR Stop Loss + Non-ATR 15 pips Take Profit settings: VQ_ Ea_v2 ecn-1a EA for normal and ECN/stp Metatrader's broker with default settings is on this post - there is no close on trend change on this EA coded a version with it.

- VQ_ Ea_v3 EA is on this post. It is improved version of VQ_ Ea_v3 ecn EA: added a trend confirmation, using 3 different time frames; also added a time frame control for VQ indicator; all these time frames can be adjusted by the user.

- Non-ATR 5 pips Take Profit settings + Non-ATR 5 pips Stop Loss settings: VQ_ Ea_v3 ecn EA is on this post - It is the version with regular stop loss and take profit set by default to 5.

- statements for M1 timeframe for VQ_ Ea_v2 EA ecn with ATR + 15 pips settings is on this post.

- statements for M5 timeframe for VQ_ Ea_v2 ecn-1a EA ecn with ATR Stop Loss + Non-ATR 15 pips Take Profit settings - more to follow.

Sergey Golubev
Moderator
114773
Sergey Golubev  

ATR Stop Loss + Non-ATR 15 pips Take Profit settings: VQ_ Ea_v2 ecn-1a EA for normal and ECN/stp Metatrader's broker with default settings is on this post.

Statements by pairs and visual statements are attached to this post (inside zip file).

===================

Some profit/loss in dollars from the beginning of trading since 21st of March:

AUDJPY: 39 dollars

AUDNZD: 67

AUDUSD: -245

CHFJPY: -237

EURAUD: -416

EURCHF: -56

EURGBP: 94

EURJPY: 676

EURUSD: 57

GBPUSD: -461

USDCAD: -134

USDCHF: 111

USDJPY: -124

====================

Some profit/loss in dollars for this week (in dollars):

AUDJPY: 16 dollars

AUDNZD: 12

AUDUSD: 8

CHFJPY: 3

EURAUD: 35

EURCHF: 62

EURGBP: 10

EURJPY: 12

EURUSD: 24

GBPUSD: 9

USDCAD: 1

USDCHF: 9

USDJPY: 1.

The other pairs did not have any trades yet.

=====================

So, I am continuing trading/forward testing using M5 timeframe.

Just some of the visual statements (from the beginning of the trading since 21 of March) - all visual statements - see zip file attached to the post:

EURJPY:

EURGBP:

AUDNZD:

USDCHF:

All the statements (including Metatrader's statements by pairs, by pips and by dollars) - see zip file attached.

----------

My comments for this week:

3 pairs are profitable since 21st of March and 2 pairs (USDCHF and EURUSD) became profitable for now:

- EURJPY - this pair is our champion which is profitable from the beginning without any lossing.

- AUDNZD.

- EURGBP - it is new pair to become a profitable: this pair recovered the losses.

- USDCHF and EURUSD - those pairs recovered after losses.

That's all news

===================

- Explanation of ATR settings is on this post.

- ATR + 15 pips settings: VQ_ Ea_v2 EA for normal and ECN/stp Metatrader's broker with default settings is on this post.

- ATR Stop Loss + Non-ATR 15 pips Take Profit settings: VQ_ Ea_v2 ecn-1a EA for normal and ECN/stp Metatrader's broker with default settings is on this post - there is no close on trend change on this EA coded a version with it.

- VQ_ Ea_v3 EA is on this post. It is improved version of VQ_ Ea_v3 ecn EA: added a trend confirmation, using 3 different time frames; also added a time frame control for VQ indicator; all these time frames can be adjusted by the user.

- Non-ATR 5 pips Take Profit settings + Non-ATR 5 pips Stop Loss settings: VQ_ Ea_v3 ecn EA is on this post - It is the version with regular stop loss and take profit set by default to 5.

- statements for M1 timeframe for VQ_ Ea_v2 EA ecn with ATR + 15 pips settings is on this post.

- statements for M5 timeframe for VQ_ Ea_v2 ecn-1a EA ecn with ATR Stop Loss + Non-ATR 15 pips Take Profit settings - more to follow.

Sergey Golubev
Moderator
114773
Sergey Golubev  

ATR Stop Loss + Non-ATR 15 pips Take Profit settings: VQ_ Ea_v2 ecn-1a EA for normal and ECN/stp Metatrader's broker with default settings is on this post.

It is the idea about how this EA is trading.

EURJPY:

EURGBP:

USDCHF:

===================

- Explanation of ATR settings is on this post.

- ATR + 15 pips settings: VQ_ Ea_v2 EA for normal and ECN/stp Metatrader's broker with default settings is on this post.

- ATR Stop Loss + Non-ATR 15 pips Take Profit settings: VQ_ Ea_v2 ecn-1a EA for normal and ECN/stp Metatrader's broker with default settings is on this post - there is no close on trend change on this EA coded a version with it.

- VQ_ Ea_v3 EA is on this post. It is improved version of VQ_ Ea_v3 ecn EA: added a trend confirmation, using 3 different time frames; also added a time frame control for VQ indicator; all these time frames can be adjusted by the user.

- Non-ATR 5 pips Take Profit settings + Non-ATR 5 pips Stop Loss settings: VQ_ Ea_v3 ecn EA is on this post - It is the version with regular stop loss and take profit set by default to 5.

- statements for M1 timeframe for VQ_ Ea_v2 EA ecn with ATR + 15 pips settings is on this post.

- statements for M5 timeframe for VQ_ Ea_v2 ecn-1a EA ecn with ATR Stop Loss + Non-ATR 15 pips Take Profit settings - more to follow.

xx3xxx
1754
xx3xxx  

TP / SL

I am thinking to use it to use it on 1 currency pair too

the idea is set LO or OCO to buy and sell in certain pirce

say , TP is +50 pips, no SL

------

then after my nap, LO, TP (so I don't have to watch it)

if there is profit -- i.e. 50 USD, then I use it as SL for -50 and set another further price advancement (not sure buy or sell then, at that time, but still SL -50, may set TP as +30 or +70)

====== my question here is --------

HOW TO HANDLE LOSS ?

? in forex , i.e. 1 lots or few lots still OPEN, if we have not exit yet --

HOW TO HANDLE LOSS ?

?

if we can answer the essence of forex, i.e. how to handle loss or make it become almost breakeven

we can trade forex , very easily

who got a clue ??? and how to do it (say I have 3 lots for -100 overall loss (not much, 1 lot just average at -30 to -33)

I think this is a GOOD QUESTION

Sergey Golubev
Moderator
114773
Sergey Golubev  

ATR Stop Loss + Non-ATR 15 pips Take Profit settings: VQ_ Ea_v2 ecn-1a EA for normal and ECN/stp Metatrader's broker with default settings is on this post.

Statements by pairs and visual statements are attached to this post (inside zip file).

===================

Some profit/loss in dollars from the beginning of trading since 21st of March:

AUDJPY: 57 dollars

AUDNZD: 128

AUDUSD: -187

CHFJPY: -421

EURAUD: -399

EURCHF: -153

EURGBP: 94

EURJPY: 696

EURUSD: 88

GBPUSD: -443

USDCAD: -132

USDCHF: 120

USDJPY: -114

====================

Some profit/loss in dollars for this week (in dollars):

AUDJPY: 18 dollars

AUDNZD: 60

AUDUSD: 57

CHFJPY: -184

EURAUD: 10

EURCHF: -97

EURGBP: 0

EURJPY: 20

EURUSD: 30

GBPUSD: 18

USDCAD: 1

USDCHF: 8

USDJPY: 9.

The other pairs did not have any trades yet.

=====================

So, I am continuing trading/forward testing using M5 timeframe.

Just some of the visual statements (from the beginning of the trading since 21 of March) - all visual statements - see zip file attached to the post:

EURJPY:

EURGBP:

AUDNZD:

USDCHF:

All the statements (including Metatrader's statements by pairs, by pips and by dollars) - see zip file attached.

----------

My comments for this week:

3 pairs are profitable since 21st of March and 2 pairs (USDCHF and EURUSD) became profitable for now:

- EURJPY - this pair is our champion which is profitable from the beginning without any lossing.

- AUDNZD.

- EURGBP - it is new pair to become a profitable: this pair recovered the losses.

- USDCHF and EURUSD - those pairs recovered after losses.

The 6th (AUDJPY) pair become profitable.

That's all news

===================

- Explanation of ATR settings is on this post.

- ATR + 15 pips settings: VQ_ Ea_v2 EA for normal and ECN/stp Metatrader's broker with default settings is on this post.

- ATR Stop Loss + Non-ATR 15 pips Take Profit settings: VQ_ Ea_v2 ecn-1a EA for normal and ECN/stp Metatrader's broker with default settings is on this post - there is no close on trend change on this EA coded a version with it.

- VQ_ Ea_v3 EA is on this post. It is improved version of VQ_ Ea_v3 ecn EA: added a trend confirmation, using 3 different time frames; also added a time frame control for VQ indicator; all these time frames can be adjusted by the user.

- Non-ATR 5 pips Take Profit settings + Non-ATR 5 pips Stop Loss settings: VQ_ Ea_v3 ecn EA is on this post - It is the version with regular stop loss and take profit set by default to 5.

- statements for M1 timeframe for VQ_ Ea_v2 EA ecn with ATR + 15 pips settings is on this post.

- statements for M5 timeframe for VQ_ Ea_v2 ecn-1a EA ecn with ATR Stop Loss + Non-ATR 15 pips Take Profit settings - more to follow.

Sergey Golubev
Moderator
114773
Sergey Golubev  
newdigital:
....

===================

Some profit/loss in dollars from the beginning of trading since 21st of March:

AUDJPY: 57 dollars

AUDNZD: 128

AUDUSD: -187

CHFJPY: -421

EURAUD: -399

EURCHF: -153

EURGBP: 94

EURJPY: 696

EURUSD: 88

GBPUSD: -443

USDCAD: -132

USDCHF: 120

USDJPY: -114

----------

My comments for this week:

3 pairs are profitable since 21st of March and 2 pairs (USDCHF and EURUSD) became profitable for now:

- EURJPY - this pair is our champion which is profitable from the beginning without any lossing.

- AUDNZD.

- EURGBP - it is new pair to become a profitable: this pair recovered the losses.

- USDCHF and EURUSD - those pairs recovered after losses.

The 6th (AUDJPY) pair become profitable.

That's all news

Our champion (EURJPY) lost about 150 dollars now.

But it is still most profitable pair for this system: more than 500 dollars in profit with very low floating drawdown with small lot size - since 21 of March - it is not bad anyway.

Files:
Sergey Golubev
Moderator
114773
Sergey Golubev  

ATR Stop Loss + Non-ATR 15 pips Take Profit settings: VQ_ Ea_v2 ecn-1a EA for normal and ECN/stp Metatrader's broker with default settings is on this post.

Statements by pairs and visual statements are attached to this post (inside zip file).

===================

Some profit/loss in dollars from the beginning of trading since 21st of March:

AUDJPY: 65 dollars

AUDNZD: 130

AUDUSD: -181

CHFJPY: -406

EURAUD: -387

EURCHF: -77

EURGBP: 119

EURJPY: 600

EURUSD: -48

GBPUSD: -441

USDCAD: -119

USDCHF: -22

USDJPY: -114

====================

Some profit/loss in dollars for this week (in dollars):

AUDJPY: 7 dollars

AUDNZD: 2

AUDUSD: 6

CHFJPY: 15

EURAUD: 11

EURCHF: 76

EURGBP: 25

EURJPY: -96

EURUSD: -137

GBPUSD: 1

USDCAD: 13

USDCHF: -142

USDJPY: 0.

The other pairs did not have any trades yet.

=====================

So, I am continuing trading/forward testing using M5 timeframe.

Just some of the visual statements (from the beginning of the trading since 21 of March) - all visual statements - see zip file attached to the post:

EURJPY:

EURGBP:

AUDNZD:

All the statements (including Metatrader's statements by pairs, by pips and by dollars) - see zip file attached.

----------

My comments for this week:

- EURJPY - this pair is our champion which is profitable from the beginning. It lost some dollars but this pair is still the best only.

- AUDNZD.

- EURGBP - this pair recovered the losses.

- USDCHF and EURUSD - those pairs recovered after losses and after that - lose one more time

AUDJPY pair become profitable.

That's all news

===================

- Explanation of ATR settings is on this post.

- ATR + 15 pips settings: VQ_ Ea_v2 EA for normal and ECN/stp Metatrader's broker with default settings is on this post.

- ATR Stop Loss + Non-ATR 15 pips Take Profit settings: VQ_ Ea_v2 ecn-1a EA for normal and ECN/stp Metatrader's broker with default settings is on this post - there is no close on trend change on this EA coded a version with it.

- VQ_ Ea_v3 EA is on this post. It is improved version of VQ_ Ea_v3 ecn EA: added a trend confirmation, using 3 different time frames; also added a time frame control for VQ indicator; all these time frames can be adjusted by the user.

- Non-ATR 5 pips Take Profit settings + Non-ATR 5 pips Stop Loss settings: VQ_ Ea_v3 ecn EA is on this post - It is the version with regular stop loss and take profit set by default to 5.

- statements for M1 timeframe for VQ_ Ea_v2 EA ecn with ATR + 15 pips settings is on this post.

- statements for M5 timeframe for VQ_ Ea_v2 ecn-1a EA ecn with ATR Stop Loss + Non-ATR 15 pips Take Profit settings - more to follow.