The time needs to be GMT not EST, that may be what is causing you lack of trades? Steve.

Bobnannings Range trading method

I did some more testing of the 60x40 & as Bob said , although it misses death trades, it doesn't really make enough trades to be worth doing. I am trying to alter the EA to open buystops as it goes down & sellstops as it goes up, as someone ...

Bobnannings Range trading method

yeah, still around, was busy the weekend and will be tonight, I'll catch up soon as I can, though most questions seem to have been answered, Is there anything specific you want to know? Steve.

Bobnannings Range trading method

answers in red — paradoxical Questions for Arnold. "ATRperiods and ATRmultiplier "ATRperiods is the no. of bars back to look and is set at 13 (adjustable)" If this is used on 5 minute chart, this would be 13 times 5 = 65 minutes? no, leave it ...

Bobnannings Range trading method

Tommyd, the time I omitted was GMT and on GBP/USD that is a quiet time, which of course lowers the ATR, so when the price suddenly rises at 6 or 7 am I don't get caught out. if you look at the line of code before the one with "buffer" in it , you ...

Bobnannings Range trading method

Paradoxical 1. response is the answer, a 40ma will rise quicker on a 5 min chart than a 1 hour one, so the price will have risen further before, or even if, a trade opens. 2. see toothmans post above and my reply. 3. yes 40 pips entry 60 pip TP & 5 ...

Bobnannings Range trading method

ooer, lot size is unaffected, but ATR mult' will need to be 0.6. yes, I excluded those hours, otherwise the EA is set as is. Steve.

Bobnannings Range trading method

usefull EA's — I am posting some useful EA's I have found as you may find them useful also. the only one I have used is the Swiss army knife, the other two I only found today. the trailing stop one has the ability to trail normally or in steps ...

Bobnannings Range trading method

Also.... — the only problems I had when experimenting with this was Monday gaps & sudden rises in price early in the morning, this was solved by turning off trading from midnight to 8am. (GMT)

Bobnannings Range trading method

new thread — All, I have opened a new thread to discuss other markets,as Bob suggested, to help keep this thread clear, and I have started the ball rolling by posting my version of his EA that uses ATR for the buffer zone, hopefully Bob will ...

Trading aud/nzd successfully

will try to post it tonight, either here or on the new? thread, no promises mind, it's the wifes birthday! Steve.

Trading aud/nzd successfully

Agreed, that is why I want to use ATR, It will change with each currency. I have managed to program ATR into your EA & i'm testing at the moment on the strategy tester, I have discovered the biggest problem now is opening gaps or sudden moves early ...

Trading aud/nzd successfully

the "swiss army knife " EA has a function for a one time move to BE

Trading aud/nzd successfully

I have been testing this on GBP/USD with 40x60, 5 trades, 1.8, 200 pips to 1st level & 400 pip SL on 5 min chart (after altering the EA for the 5M TF) for 2008 I found; 1. no trades until Sept. 2. Oct blows a big hole in the account 3. ok trades ...

Trading aud/nzd successfully

I've tried looking into that, but couldn't find a way to do it using excel, it's not as easy as it sounds! not only do you have to look for retracement bars but also the difference between bars going in the same direction, eg; the high of the last ...

Trading aud/nzd successfully

If you look at the settings for the indicators you will see all I have done is add a 0 to the level settings. Steve.

Trading aud/nzd successfully

that still looks wrong, use my template.

Trading aud/nzd successfully

yes, as you have correctly guessed, change those lines to 800 in the EA code, save & recompile then your good to go! Steve. BTW what do you mean by "doesn't look good on the chart"?

Trading aud/nzd successfully

Good start! — Hi Bob, I loaded the new EA and made all the adjustments for 5 digit trading, just closed the first successful trade of the year! I'm running this on a demo acc' with $40 in it! we'll see what happens (0.01 lots) thanks for all ...

Trading aud/nzd successfully