My simple 20 pips. - page 21
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Hi omelette,
Great ea with good results apart from today with the news at 9:30 GMT.
But it is a demo so I want to see what effect it has on the long run trading with the news releases. What I am aiming for is a stable ea that produces the pips consistently.
How ever I do have a couple of suggestion for your ea.
1 Would it be possible to add a money management system?
2 Would it be possible to add a micro account as well?
Thanx for a great ea. I just need to fine tune it for consistent pips and then I’ll be happy.
JTHJth, just in case there is any confusion, Mikep is the one who has coded the EA, I coded the indicator (post #127). Indicators are incapable of placing trades, therefore money management suggestions should more correctly be directed at Mikep.
Jth, just in case there is any confusion, Mikep is the one who has coded the EA, I coded the indicator (post #127). Indicators are incapable of placing trades, therefore money management suggestions should more correctly be directed at Mikep.
I am very sorry to you and to Mikep for my mistake.
But the questions still stand to Mikep
sorry
JTH
Want to thank everyone involved, especially PipeTrader naturally for what I think is a very useable method. I did not take the trade before the news, but I did get the trade after the news for 20 PIPs. It was faily close but doable.
Thanks
PipeTrader! What is your setting CalculatedBars in StepMA?
PipeTrader! What is your setting CalculatedBars in StepMA?
The calculated bars not influance your trade.
Nways. My setting for N_StepMA is :
PeriodWART 7
Kwatr 1.0
HighLow 0
CalculatedBars 500
Alert on
PipeTrader
Updated EAs for forward testing
Hello Everyone - like last time I've updated two versions of the EA.
The "Original" is as close to PipeTrader's vision as possible:
- First entry after MA cross regardless of FI
- Additional re-entries once FI crosses aver threshold and stays above for 2 candles
- Breakeven function - so if TP is 30p, once 20p is reached, can secure 10p
The "Safe_Mode" is basically the same except with a few enhancements ( I didn't want to change PipeTrader's strategy so that's why there are two).
- When the Step MA crosses, the FI has to be above the threshold either on the same candle or it gives the trade one more chance and the FI has to be above on the next candle. If neither candles gives a FI above the threshold, it'll wait for another signal.
- Also in the Safe Mode I included an additional exit strategy besides MAStep crossovers - to ride trends, the FI must hit 0.2 and then the next 2 candles must have lower values where the step continually decreases (e.g. Candle 1 FI = 0.43, Candle 2 FI = .26, Candle 3 FI = .15, exit at opening of candle 4.
I've also included a MM function in both as requested which will allow for standard account trading or used as micro account.
I think we can sharpen the entries to eliminate false ones.
Please test and let me know if you find anything or think or additional ways to improve positions.
There are additional notes in the code so check that first.
Big thanks Mike!
I check your EA's.
PipeTrader.
Thanks alot mikep
Excellent thanks allot, will test these ea's a.s.a.p.
JTH
Hello Traders !
Today it is not a good day for my system...
I lost 2 trades. Before the news I put my stop at 20 pips.
so for today -40 pips.
90 - 40 = 50 net...
Tomorrow is another day!
PipeTrader