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Old 03-14-2006, 06:52 PM
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Nicholishen Nicholishen is offline
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Ki Ea

This is an EA based on the KI indicators
(LBR + 1000 pips in one week!)
I tested it using the USDCHF H1.

Additional ideas welcome!!!
Attached Files
File Type: mq4 KI.mq4 (2.7 KB, 676 views)
File Type: mq4 KI_signals_v2.mq4 (3.8 KB, 740 views)
File Type: mq4 KI EA v1.0.2.mq4 (9.1 KB, 338 views)

Last edited by Nicholishen : 04-29-2006 at 05:47 AM.
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Old 03-14-2006, 06:56 PM
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Good work!
I like that part: "Profit factor 3.17"
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Old 03-14-2006, 06:58 PM
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Quote:
Originally Posted by Kalenzo
Good work!
I like that part: "Profit factor 3.17"
Thanks Kalenzo!
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Old 03-14-2006, 09:04 PM
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Quote:
Originally Posted by Nicholishen
This is an EA based on the KI indicators
(LBR + 1000 pips in one week!)
I tested it using the USDCHF H1.

Additional ideas welcome!!!

Thanks a lot Nicholishen,

Can you put the option of close trade (in profit or loss) when indicator pricechannel stop change of color?

Stay well

Fast_cris
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Old 03-14-2006, 09:16 PM
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Quote:
Originally Posted by Fast_cris
Thanks a lot Nicholishen,

Can you put the option of close trade (in profit or loss) when indicator pricechannel stop change of color?

Stay well

Fast_cris

The indicator.

Fast_cris
Attached Files
File Type: mq4 PriceChannel_Stop_v1.mq4 (4.9 KB, 326 views)
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Old 03-14-2006, 09:52 PM
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Quote:
Originally Posted by Fast_cris
Thanks a lot Nicholishen,

Can you put the option of close trade (in profit or loss) when indicator pricechannel stop change of color?

Stay well

Fast_cris

The problem with using the Price channel is that in order to confirm the signal you give back a significant amount of profit. If you don't confirm the signal then you will close the trades out too early. I am sure there is an alternative to trailing and signal reversing exits, but I think Kalenzo is right with his recommendation not to use the pChannel. Take a look at the picture and tell me if you saw this as well.
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File Type: jpg FX_pic012.jpg (130.4 KB, 986 views)
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Old 03-14-2006, 10:18 PM
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...and just for the hell of it... here is the pChannel version.
Attached Files
File Type: mq4 KI EA w Pch1.mq4 (9.9 KB, 377 views)
File Type: htm Ki with price channel.htm (59.0 KB, 476 views)

Last edited by Nicholishen : 03-14-2006 at 10:20 PM.
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Old 03-14-2006, 10:18 PM
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Quote:
Originally Posted by Nicholishen
The problem with using the Price channel is that in order to confirm the signal you give back a significant amount of profit. If you don't confirm the signal then you will close the trades out too early. I am sure there is an alternative to trailing and signal reversing exits, but I think Kalenzo is right with his recommendation not to use the pChannel. Take a look at the picture and tell me if you saw this as well.
Thanks My friend,

Maybe you are right... what i think is the losses will be smal and the profit when came will be big. But i have to test this first.

Maybe if i use pricechannel stop +5 pips stop loss... what you think?

Fast_cris
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Old 03-14-2006, 10:24 PM
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Quote:
Originally Posted by Fast_cris
Thanks My friend,

Maybe you are right... what i think is the losses will be smal and the profit when came will be big. But i have to test this first.

Maybe if i use pricechannel stop +5 pips stop loss... what you think?

Fast_cris

I really don't think that this system needs a stoploss. The reversing market criteria seems to to a good job at managing that. Taking profit with a TS is nice too. The thing that needs the most improvement is getting better entries.
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Old 03-14-2006, 10:25 PM
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Does anyone have more complete backtesting data for USDCHF? Can you test this EA and post the results?

Nic
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