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- PowerBySol replied Nov 23, 2008
what I'm saying is that my EA has to run against the M1 chart, but you can set the timeframe in the system to whatever you wish, the 5EMA system by default is using the H4, but you can set the timeframe parameter in the EA to H1 or M30 or M15 or ...
4H 5EMA System
- PowerBySol replied Nov 23, 2008
Yea - it's a wee bit outdated ;-} I don't want to work though, so the new computer will have to wait until I hit my targets or sell my rentals. On the back test, I ran a test from jan again and got 17 trades. Set to model every tick on the M1 period ...
4H 5EMA System
- PowerBySol replied Nov 23, 2008
A ha ;-} I thought the comment about 1min time frame was about setting the testing level to Every Tick. I set the time frame to 4 hours since it's a 4 hour strat. I guess I had spent too much time reading threads to be sharp reading yours. I'll try ...
4H 5EMA System
- PowerBySol replied Nov 23, 2008
What I don't know is this; is the mistakes in the trade strat during a back test due to the testing procedure it's self, or errors in the EA? I just came back to see that the EA did move the stop on the current trade - image but then as the next ...
4H 5EMA System
- PowerBySol replied Nov 22, 2008
I'll all for progress ;-} I know EA's aren't 100 %, but I was hoping they would be a better indicator of performance. Manual backtesting makes my shoulders stiff... Ziko - if it helps any, here is a screen shot that I just watched in the visual back ...
4H 5EMA System
- PowerBySol replied Nov 22, 2008
I'm a bit confused. Ziko posted an EA and Sterling posted possitive about it, now Hiranya is diss'n ziko for diss'n the strat. If ziko wrote the EA then ziko should know this strat is designed to trade G/U only, yet still we hear it should not be ...
4H 5EMA System
- PowerBySol replied Nov 18, 2008
Odl has been resonable so far. They did increase the spread on G/U when it was dropping like a rock a couple of weeks ago. Though about leaving but have not. I'm not making huge profits yet, but I'm close to my first account doubling and they have ...
4H 5EMA System
- PowerBySol replied Nov 18, 2008
Thanks Sterling - I figured you have left Alpari so I might as well start trading my ODL bars, so now I can't follow the posts for comparisons. Sleep in 8 minutes!
4H 5EMA System
- PowerBySol replied Nov 18, 2008
quick question, i'm tired and I can't seem to remember... Bars go up, then come down and trigger a sell. Bars do not make it to the lower EMA and two bars after the sell is triggered the current bar starts heading long. Where is the stop? Is it 5 ...
4H 5EMA System
- PowerBySol replied Nov 9, 2008
Here's two cents - On CD's example (very motivating - thanks CD ;-) it takes 6 month to hit 100K. I don't know about how many lot's your broker will let you scalp with, so let's say as an example, it takes a year to reach 100K. When you get to a 6 ...
Powerful 1 Min Scalping System (Fx Prime)
- PowerBySol replied Nov 7, 2008
EA — Sterling, I think your Karma account may exceed your Trading account, though I hope they both continue to via for the highest balance. I would also be happy to contribute to the expense of this EA should you wish it. -Shawn
4H 5EMA System
- PowerBySol replied Nov 7, 2008
TS, BE or BS? — I thought I would post an example to help show the point. We've all seen the chart run up a bit, pull back and then take off. If that first run up forms the reverse bar and the trade goes 100 before it pulls back you may take ...
4H 5EMA System
- PowerBySol replied Nov 6, 2008
Hey Kos, Sterling is the only person to chime in on your TS idea so far so I thought I would also. If my understanding of the mechanics of trading is true, then the 5EMA system would be a trend following system. According to all the books I've read ...
4H 5EMA System
- PowerBySol replied Nov 6, 2008
I would not use it in conjunction with Sterling system. The 4H 5EMA is pretty solid on it's own. I thought the indicator might be fun to play with on other time frames.
4H 5EMA System
- PowerBySol replied Nov 5, 2008
I tried this indicator on the 5 min time frame and had four bars repaint from blue to red. I'll try it on 4 hour now and see what happens.
4H 5EMA System
- PowerBySol replied Nov 2, 2008
It's the start of a new week, do we look back to the last candle of the last week as a possible set up bar? If we do then we're in a trade at 1.6172 right (3 pip spread)?
4H 5EMA System
- PowerBySol replied Nov 2, 2008
Thanks Ronald - Sterling, The fact that the bar did not need to touch was not clear to me. When looking for a buy set up candle the candle must break the lower 5EMA to the down side, once it does then it dosn't matter if it still touches the L 5EMA. ...
4H 5EMA System
- PowerBySol replied Nov 2, 2008
It's good to know I need to work this out a bit more before a reversal is formed ;-} I appreciate the way you walked the process though Sterling. I am going to try and write a 'check list' to perform at each new candle to help cement the process in ...
4H 5EMA System
- PowerBySol replied Nov 2, 2008
Hey Ivon - The green circled bar from 9/25 20:00 does not actualy touch the 5EMA Close. You can't tell from the posted picture but if you go to the actual chart you can see it. At least you can on my Alpari US Demo.
4H 5EMA System