no, this EA does not sell & buy at the same time Steve.

Trading aud/nzd successfully

Tonirai, surely it's the other way round? If your in a short trade you aren't looking for a setup bar to breach the upper ema, but to breach the lower one. Steve.

4H 5EMA System

Question — Hi Bob, last night I set up 2 new charts and put the EA's on then started them up, but only the buy one worked, I removed the sell one & put it back several times, but to no avail. This morning I tried again, but this time it would ...

Trading aud/nzd successfully

Pitpiter, if you are still short all you need to do is put your SL at 1.4771. when the current bar closes it will be a setup bar, then you will move your SL to the top of that bar (+5 +spread) and then put a buystop in the same place with it's SL at ...

4H 5EMA System

Denverdude, yes to the first part, if the current bar closes the short trade due to the 50% rule, its because it failed to make a new low, so it couldn't become a setup bar. we would then be flat and waiting for a new setup bar. Steve.

4H 5EMA System

Pitpiter, yes, that is correct, but in this case they are the same as we have not moved the SL, howerver yours is the technically correct answer. Steve.

4H 5EMA System

might be an idea to just test the last six month of data, and reoptimise every month, that way you can keep on top of market changes? Steve.

100 x 80 EA oh boy

Tonirai, post 500 seems to answer this "...are exit was at 2 PM because of the 50% rule. When the reversal trade failed at 2Pm you would have exited becasue it was already past 50% retracement." & post 503 "Trade #21 went huge in are favor its a ...

4H 5EMA System

I've looked into doing this in excel but it is a bit daunting, so I will try simply running the two EAs, one at a time thru the strategy tester and try to find optimal settings for each, I'll look into this when I get home tonight. Steve.

100 x 80 EA oh boy

oops, too late!

4H 5EMA System

I'll try to answer this, if the current candle doesn't trigger the buy stop & doesn't make a new low then we leave everything as is, if however, the next candle does the same, we put the 50% rule into operation (due to a greater than 150 pips trade) ...

4H 5EMA System

Hmm, I have SL for buy stop as 1.4880

4H 5EMA System

seems strange however, that they will all use the same settings,as they must have different characteristics. EUR/GBP will not retrace as far as the least safe one will. we could do with a way to work out average retracement values and adjust the EA ...

100 x 80 EA oh boy

I have read the whole thread, and have used the EA's on GBP/USD, never really had any probs, only when using several currencies, so I wanted to try the "safest" ones. I've now looked at the factsheet, thanks for your help. Steve.

100 x 80 EA oh boy

thanks both, I will demo those, do they all use the same settings? I will find the factsheet, must have missed it earlier. Steve.

100 x 80 EA oh boy

Hi, could someone point me to the safest pairs please, I have used this on GBP/USD with some success (demo) however I would like to try more pairs, maybe 5 ? thanks, Steve.

100 x 80 EA oh boy

It's triggered, so I'm now in!!

4H 5EMA System

CitiTrade, I missed it too (my fault) so I've put a sell limit on in case it goes up a bit.

4H 5EMA System

Cititrade, why do you consider the last bar as a setup bar? surely it has to break the 5EMA high, until then SL=1.4800 Steve.

4H 5EMA System

Sterling , this is a slight grey area for me, please can you confirm I am correct, I currently have a sell stop at 1.4800 thanks, Steve.

4H 5EMA System