Since I said up that I knew that the US/JAP was going down, and I know some trades just need someone to tell them anything and they will do it especially those who don’t have experience and I was afraid that anyone will go short therefore I will explain a little about this pair next move, and clarify some points:
- I predicated for the USJAP to go down on the 27/2 , the main monthly trend was too strong to be broken.
- Since the 27/2 the US/JAP has been going down but now, if we draw the trend lines we see there is not only one support line but more than one so if the down trend continues it is expected to either stop for a while on these lines or change its direction and go up again.
- Very important we are heading towards the to the head of the triangle (maybe in a month time )as most of you guys know that will result in a VERY big break.
- Now it’s NOT a good time to go down or up, since we have reached one of the support lines so we are looking for a reversal, OR continuation of the downtrend.

Bottom line draw the trend lines and keeps them on your chart

if you still want to know more about US/JAP and what I think read my post here
Just an idea, How to make money without trading ?

Attached Images

usjap.gif (40.7 KB, 928 views)

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The asian market is on fire today, I was very tempted to closed some of those trades... but I am going to leave them for the test.

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update
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later all these trades went to -ve, lets see how they end up
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End of day 1 results
account start 10,000 ----> 12,258 $

Attached Images

start.gif (12.7 KB, 842 views)

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Hi MiniMi
Can u please post all the mq4 indicators u r using to run Din kuskus ea 2.4 please. Reason is i also am trying to run tests but noticed that on the 2007/03/05 your 2.4 ea executed 4 trades while mine did nothing.

Thanks in advance

Like Shaker: no action. Missing indicator?

All of the indicators are already in the first post, also if you open the user interface of the EA you will find the list of inidcators in there with the setting for each one so you can know what are the names of the indicators.
I don't mind posting the indicators, but sometimes I change the setting of the indicators or the EA from the code and I don't put any remarks, to avoid giving you a destored version of the indicators I forword your request to Mrpip or ALCOLL.

If you they are too busy I will post the indicators later.

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Also try this :
Make sure you change the settings for the hours to trade filter to match your broker. IBFX needs to subtract 2 from each hour setting because they use GMT for their server time. Not sure about alpari but they might be the same as fxdd which is gmt + 2.

Try turning off money management and enter the number of Lots to use

Make sure the setings in the Damiani indicator are the same as those in the EA. Aslo check that the switch is turned on (set to 1) for useDamianiFilter.

Change the setting of MarginCutoff to 0. There is a check in the code for AccountMargin < MarginCutoff for both EAs.

Aslo lot size for IBFX for microlots on a mini account is 0.1 not 0.01

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Hi there, so I started forward tests today at midnight.

So far it opened 5 transactions, 4 of them profitable, but one was a huge lost.

So after all I have 286 profit out of initial 10000.

What I did was:
- swith off trading hours
- enabled trading on NY
- set MiniAccount to false

I have some questions I wonder if you can help:

1. It always try to invest in 1 lot even the setting is 0.1 lot and money managment is enabled. Why? Can you limit it down somehow?
2. Does EA can close positions by itself other than crossing TP os SL? I admit that I closed manually 4 of 5 opened positions, which allowed me to save the profit and cut loses. One was closed by TP. This is what you are intended to do?
3. SL were set 100 pips away from opening price - It's quite far, doesn't it?
If you compare to TP which was set 50 pips away, then if EA is not exiting by itself, then there are bigger chances to loose than win.

Can you suggest what settings you apply?

What is the reason that by default trading hours are on and trade NY is off?

Best Regards,
Q_JAK

Please refer to Mrpip posts lots of the questions have already been answered.

The EA should work alone no need to open or close a trade manualy, and the target for TF and SL have been set based on tests done by Mrpip mainly on GBPUS pair using FXDD

Yesterday I saw 600$ as profit I was about to close but I left the trade running it went down to -900$ and today I saw all the trades were clsoe at around 2300$ so this is why the EA was created.

Another issue I am testing the NY session but as per the tests it shows that NY is not a good market to trade... and I saw that also today.. see the last trades the loss was due to NY market opens.

we still need more time to test the EA but pls leave it running and don't change the setting when running it.
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1. It always try to invest in 1 lot even the setting is 0.1 lot and money managment is enabled. Why? Can you limit it down somehow? if you are using fxdd then you should be ok, else you might have some issues so see the above post for that.
2. Does EA can close positions by itself other than crossing TP os SL? other than SL or TP i dont think so I admit that I closed manually 4 of 5 opened positions, which allowed me to save the profit and cut loses. Cut losses see my statement there was more profit than lossesOne was closed by TP. This is what you are intended to do? Yes
3. SL were set 100 pips away from opening price - It's quite far, doesn't it? yes but this is best on GBPUS pairs, but still its a good start personaly I trade with no stoploss
If you compare to TP which was set 50 pips away, then if EA is not exiting by itself, then there are bigger chances to loose than win. No because for a trade to open there are more than 4 indicators to control the open position, all the conditions from the indicators has to be true for a trade to open, and those indicators are taken from a profitable trading systems

Can you suggest what settings you apply? Now use the default unless you want to change the lots size
What is the reason that by default trading hours are on and trade NY is off by Mrpip tests most of the losses were due to NY, since the tests were on GBPUS and this pair is affected by the US news more than GB news ... but also from experiance NY session cause more losses than wins due to news.

Thanks for your questions and pls keep testing

Attached Images

start.gif (24.9 KB, 845 views)

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With MiniAccount false the EA will only trade standard lost and the minimum is 1 lot with FXDD. I wrote the ea with FXDD rules for lots and with a standard account they do not allow minilots.

It should not make that much differentce as 1 lot is 10% of 10000 and that is how I tested the ea.

If you want to test using minilots set miniaccout to true.
With MoneyManagement enabled the value for Lots is not used. That is only used when MoneyManagement is turned off.

Other questions were answered correctly by MiniMe.

The other way the EA will exit trades is when the HMA trend changes and Fisher confirms. That only happens when TakeProfit is not met.

With version 1.8 the trade will also exit with chnage of direction detected by Fisher.

When testing other pairs look at the trade on the chart and see if there was some take profit level that might have been successful. Then use that seetting for the ea.

I hope some of you will keep records of settings that work for each pair being tested. When the different settings prove to work I can modify the ea to check the symbol being traded and automatically set the values for the indicators, stop loss and take profit.

Robert

Thanks MiniMe and MrPip for prompt answers. I will check settings again.

JAK

The link for the indicators was removed so I have posted the indicator zip file to the same post as the EAs. That link is still there.

Please note that HMA2 was replaced by HMA3. I still am testing Ehlers iTrend so it is also in the zip file.


Robert