Hi guys,

thanks for the sound advice. I suppose I could start a new week in semi manual mode, but I thought that the object of forward testing was to give Derk meaningful data on the performance of the EA in hands-off mode. Anyway, here is the dismal picture after just two days of trading. Let me know if you spot anything that might be amiss. I would sure like to get Derk's machine tuned up and running smoothly.

Thanks for your help and feedback. I'm surprised there are not more people on this thread.

autumn

Attached Images

	eurjpydec07am.gif (40.2 KB, 607 views)
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	gbpusddec07am.gif (36.7 KB, 602 views)
	usdjpydec07am.gif (37.8 KB, 640 views)

Attached Files

SynergyEA7Decam.htm (14.2 KB, 65 views)

Autumn,

if you are bent on using the EA, I will employ you to select the most profitable setting as listed in nondisclosure result from backtesting. I think that should really help.

Unlike me, I don't need EA because there are factors that will hinder smooth running of EA in my geographical zone.

thanks

I am indeed running the highest profit settings from nondisclosure's file, but it seems to me that a profit ratio in the range of 1.6 is not terribly impressive, and I don't think too many manual traders would be very happy with it.

I think you misunderstand the meaning of "employ". It seems as if you are offering me a job.

autumn

Hi Adewale, you mentioned that you are using synergy manually and have good results. What is your method ? Specifically; what currency pairs, what chart (hourly, 4hr, ?), and what type of trailing stop and/or limit are you using ? thx mike

Hi Cochran1,

May I ask you what your results are like using this semi-automatic method? Which session do you regularly trade?

Regards,

Chrisstoff

Chrisstoff, I actually just got started with this method this week so my results are mixed. I have been looking at USDCAD, USDJPY, EURUSD, USDCHF, EURJPY, primarily. If you look at these charts when there is a strong daily/4hr trend, the hourly entry signals seem to be faily solid. I have a variety of stop configurations set on different charts to determine which is best: I have a straight trailing stop of 30, break even at 25 then trail by 25, and then a split order with a limit of 25 then trail by 25 on the second position.

I have had the best luck when I set breakeven at 25 then trial by 25 - I got 125pips on the eurusd using this. I also have got 40-50 pips on the usdjpy and also on the usdchf using the split order where I close the first position at 25 then trail the second position by 25.

I think only time will tell. I am hoping that using this on multiple charts with the right stop/limit will result in overall positive pips. thx mike

Thanks Mike, for the detailed explanation. I will try to use something similar next week. I think trading 3-5 pairs and harvesting net 20-30 pips per pair as daily average is good enough to live with

Regards,

Chrisstoff

Yes that should be good. The only issue is that the stop in some cases is large when using the opposite PAC, one bad trade could wipe out a couple good trades. Let me know what you decide, maybe we can tag team on different stop settings. thx mike

I reinstalled everything and the tide appears to have turned. Not sure what was throwing things off, but the exits did not seem to be working properly. We're now on the upside with 7 trades open. Have a good weekend.

autumn

Good news Autumn. Can you paste your EA inputs into a reply so we can see what you are using ? thx mike