Ok, I think I solved the logic issue. The Slope Direction Line indicator compares the current MA with the previous MA. If Current > Previous, slope is up If Current < Previous, slope is down Assuming that's the case, I set up the EA to look at the ...

Trade the Slope System

It's tkimble's daily scalping system with a few tweaks to suit my trading style. url Here are the rules that Rhythm trades by: Find a volatile chart. GBPJPY is a good example Look at the previous day's bar. If the price went up, place a buy order ...

Ronald Raygun's Trading Journal

Yes. Complete stop and reverse. Works so far. No need to fix what's not broken.

Trend Hugger System

My money management risks only 5% at any one time. That means that each trade is sized so that I lose 5% if I get stopped out before the move to breakeven. Everything win or lose is closed at 23:00GMT, between 23:00GMT and 00:00GMT, I get the ...

Ronald Raygun's Trading Journal

What do you mean by "bail out"? I change the lot size at the end of the day. So at most, I lose only 20% As for a position in profit, I close it at 23:00GMT.

Ronald Raygun's Trading Journal

The variables are already in my version of the EA. Still stuck on this logic issue. You all are welcome to take this EA to any other programmers you know in order to figure this out.

Trade the Slope System

martingale methods only work in sideways markets. If they are in a serious trend, like the sudden rise of EUR/USD since August, they will fail miserably and blow up your account. I've lost at least 500k in demo accounts trying to get this strategy ...

Part Time Wealth Building Trading System - Daily Scalping

If you really want the story of a good trader, look up a guy named George Soros. Most of the older traders here will be familiar with the time Soros broke the bank of england. Pretty amazing stuff. --Wikipedia

Who has become rich trading forex?

I haven't run my Ea with a ts. If you feel it's necessary, then by all means. Go ahead. Frankly, I'll settle for any amount of consistent pips. It beats 0 or even negative.

Trend Hugger System

50 pip stop, no trailing, take profit at opposite signal and 1 Hr on my live account, 1 hr every 15 min on a demo.

Trend Hugger System

Not a problem at all and you're all very welcome. Just a reminder: I am not liable for any damages you may incur be it monetary, physical, emotional or otherwise. USE THESE EAs AT YOUR OWN RISK I am still demoing another setup where I put the EA on ...

Trend Hugger System

I am trading with an $1000 account using the original EA I programmed. My results are pretty modest myself. The Ea was active since 12/25/2007 and has since gone from $1000 to 1220.36. A very modest return, but certainly much better than other ...

Trend Hugger System

Yep! MACD and OSMA are exactly the same thing. The only real difference is the position relative to 0 Since this trading system is looking for a particular shape, it doesn't matter which you use. Although I prefer OSMA primarily because it's easier ...

Trend Hugger System

I just realized I went through 7 EAs, phew! Although just to clarify, I'm using version 1 on a live account. Just like I say: If it ain't broke, don't fix it.

Trend Hugger System

MMk, here's a rundown of the EAs. Version 1:This version uses only the "V" formation (Post 291) url (Post 293) url Version 2:This version looks for the Equal bar system. Either primarily a V formation, or primarily a U formation. (Based on the ...

Trend Hugger System

Can you post a chart please? And the associated account statements so I can compare data feeds. I noticed the huge trading volume which caused the EA to blow up my account. I'm trying to recreate the same scenario. We'll see. A temporary fix for now ...

Trade the Slope System

If you mean did I forward-test it? Yes. I generally use backtesting ONLY to make sure that it is opening and closing trades. Not as a means to determine profitability.

Trade the Slope System

Yes, you have to put the minute equivalent for each field. 1M =1 5M =5 15M =15 30M =30 1H = 60 4H =240 1D =1440 1W (5 or 6 day week)=7200 or 8640 etc. It doesn't matter which chart you place the EA on unless you change "EachTickMode" to false. When ...

Trade the Slope System

I personally don't believe in the "U" formation entries, and I'm just running a plain vanilla system. Just the way TKimble likes it. (The first OSMA-based system)

Trend Hugger System

I went through this system manually and it seems to be another winner in my book. I coded an EA based on my interpretation of the system itself. It incorporates the three timeframes into one chart. NOTE: You need my version of the trend slope line ...

Trade the Slope System