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I saw Nina System gratly Profitable if it put 5M Periode for short term.
I think, this way small risk because we use small dropdown with
5M Periode.
Can anybody here make Nina system with rule:
- 5M periode for major currency
- Interbankfx brokered
- Equity minimal $1000
- use 0.1 Lot
- Not use stop loss (it covered direct by cross Nina System furthermore) +
New entry sell/buy.
I saw Nina System gratly Profitable if it put 5M Periode for short term.
I think, this way small risk because we use small dropdown with
5M Periode.
Can anybody here make Nina system with rule:
- 5M periode for major currency
- Interbankfx brokered
- Equity minimal $1000
- use 0.1 Lot
- Not use stop loss (it covered direct by cross Nina System furthermore) +
New entry sell/buy.
Hi invest2fx,
If you want to make your own setting EA, you can PM Mr Pip to do it for you with a payment. Just talk to him
I though when trailing stop moves the Stoploss it also moves the take profit but this does not happen on the DIN, when the market moves in our fav. Still all the trades close at the targeted Take profit (50 pips) so we are not shifting the take profit to move with the market, instead the trade close and another one opens? in the same direction
Mrpip can you look in the code and make the trailing stop also shift the take profit at the same time it shift the stop loss ? maybe that will stop the new trades to open when we close the old one !!!
I though when trailing stop moves the Stoploss it also moves the take profit but this does not happen on the DIN, when the market moves in our fav. Still all the trades close at the targeted Take profit (50 pips) so we are not shifting the take profit to move with the market, instead the trade close and another one opens? in the same direction
Mrpip can you look in the code and make the trailing stop also shift the take profit at the same time it shift the stop loss ? maybe that will stop the new trades to open when we close the old one !!!
It sounds like what you want is to exit the trade either with stoploss or exit signal. By moving the takeprofit as the trade moves in our favor will cause the trade to never reach the take profit.
To do this without changing the code, just set TakeProfit to 0.
It sounds like what you want is to exit the trade either with stoploss or exit signal. By moving the takeprofit as the trade moves in our favor will cause the trade to never reach the take profit.
To do this without changing the code, just set TakeProfit to 0.
Robert
;
Sound like it, but how I can lock my profit ? let say
I want to lock the first 40 pips then each time the market moves in my fav the stoploss moved from 40 pips to 50 and so ... so setting the take profit to 0 will enable this option ? and what trailing stop would you recomend ?
Thanks
Another thing for you Mrpip Supertrend , indicator looks really interesting indicator the signal looks more stable than the ASHI or the BBands, but I am not sure if it repaintsor not ... if it does not repaint, then it would be a better option to use , try it on the chart and see the difference, it filters the market from false signals, that we used to see using the Bbands and ASHI so if it does not repaint it would replace the Dimiani the ASHI and the BBands indicators.
What i found best is entry from Supertrend and exit from xpMA ... this is only on the chart and I have not test it yet.
Another thing for you Mrpip Supertrend , indicator looks really interesting indicator the signal looks more stable than the ASHI or the BBands, but I am not sure if it repaintsor not ... if it does not repaint, then it would be a better option to use , try it on the chart and see the difference, it filters the market from false signals, that we used to see using the Bbands and ASHI so if it does not repaint it would replace the Dimiani the ASHI and the BBands indicators.
What i found best is entry from Supertrend and exit from xpMA ... this is only on the chart and I have not test it yet.
Alan
Not good enough.. I'd tried this indicator long time ago... trust me.
Not good enough.. I'd tried this indicator long time ago... trust me.
Pj
Thats why I posted the questoin ... thanks for your feedback and I trust you, so no need to wast time on it...
One thing I have noticed with most of the EAs, is that once it takes a hit I mean a loss it happens in a row, like we don't see only one loss, if it happens it comes like two or three in a row, and due to far stoploss the loss really takes the profit !!! has anyone noticed that ?
What you are saying is true Minime (Dont Know if the hedging can help in that).
Anyway Find below the statements of din v2.4 for the last 2 weeks (Standard settings).
As I said before the NZD/JPY is the most profitable pair till now.
Best luck for all the traders.
Regards
Thanks a lot gdreporter for sharing your tests, and it shows exactly what I am talking about, once a pair lose a trade it lose like 2 or 3 times in a row, and this is not only for DIN this is for most of the EAs I have tested.
When I trade if I lost a big trade, I take a break from trading sometimes for a week.... maybe this is what we need to do, is to switch the EA for the sometime on a losing pair giving the market sometime to correct its signals ... cause we do all the right steps ...and yet the market reverse on some of the trades ... that does not happen a lot but when it happens it stays for a while.
I will take a break from testing DIN till the end mid of April, as I have some projects to finish.
I still belive DIN is one of the best EAs I have seen, its just a matter of finiding the right setting for the right pair.
Sound like it, but how I can lock my profit ? let say
I want to lock the first 40 pips then each time the market moves in my fav the stoploss moved from 40 pips to 50 and so ... so setting the take profit to 0 will enable this option ? and what trailing stop would you recomend ?
Thanks
Alan
Try using type 3 trailing stop. It works as follows.
Default StopLoss is 100.
FirstMove = 20; // Type 3 first level pip gain
FirstStopLoss = 50; // Move Stop to 50
In other words when the trade is up 20 pips move the stop loss to 50 pips lower than current price. If the trade reverses before the next level is reached our loss is half of the original stop loss.
SecondMove = 30; // Type 3 second level pip gain
SecondStopLoss = 29; // Move stop to Breakeven + 1
When the trade has moved 30 pips in our favor we lock in 1 pip by setting the stoploss to 29 pips from the current price. You can use a setting of 25 to lock in 5 pips if you want.
ThirdMove = 40; // type 3 third level pip gain
TrailingStop3 = 20; // Move stop to lock in 20 pips and trail from there
When the trade moves 40 pips the stoploss locks in 20 pips and trails from there pip for pip with a 20 pip trailing stop. If the trade moves to 90 pips and reverses the exit will be at 70 pips.
Of course, you can use any settings you want.
I am in the process of writing a combination trailing stop that will begin by trailing pip for pip until the first level is reached, then use the step method of moving the stop. I might also add a few more levels.