I'm still waiting for Bob's final, after the holiday, but the last was to use any cross of 2MA over 5MA for recovery and close it if it doesn't develop within 2 bars. This is why I use Bob's EAs... so I can sleep. I will still miss any that develop ...

Nanningbob 4h trading system ver. 5.0

Wow. I only hope your account is a demo. Not sure which system you're trading, but looking at the charts, you shouldn't be short AUDUSD or EURUSD, and the CADJPY just took a nice downturn today (which I missed) and should have given you some profit. ...

Nanningbob 4h trading system ver. 5.0

Actually, I have an open order but the 2MA has not crossed the 5MA for me yet. I have DD from a previous trade and trying to use the new recovery method for BE.

Nanningbob 4h trading system ver. 5.0

Since I'm sure Bob and others are tired of answering the same question again and again (which shows you have not read all the posts), PAGE 1, POST 1. Read the whole thing, I did. You've got the whole Christmas, New Years holidays to catch up. Don't ...

Nanningbob 4h trading system ver. 5.0

I missed 2 opportunities to get out of the AudJpy at BE. 1- I set the EA to reenter but forgot to change the Magic Number (learning). 2- Could not watch it so didn't get out when price retraced to my previous entry. Only a 38 pip DD right now. ...

Nanningbob 4h trading system ver. 5.0

I am not so experienced to have all the answers, but if the Stoch lines are both above or below I will consider the trade if the price is above or below the sixths and TMA. Ideally the MACD will also be. 4 of my trades triggered but didn't go ...

Nanningbob 4h trading system ver. 5.0

I'm short the audjpy, but may close it if it doesn't go anywhere. I have open orders to buy eurgbp and nzdusd, and sell orders on cadjpy, chfjpy and usdjpy. On my charts these all broke the tma, sixths, and RWB.

Nanningbob 4h trading system ver. 5.0

Well, I did close it for a small loss because I didn't like the way the 2ma/5ma uncrossed. The next setup will tick all my boxes: sixths, tma, rwb. All I have to do next is see if I can incorporate my TP EA into the Sell EA so I don't have to watch ...

Nanningbob 4h trading system ver. 5.0

Thanks, Bob. Another question about your suggested 8 hour / 2 bar rule. How much is not enough? That is, do you wait a whole 8 hours or only 2 bars no matter where in the first 4 hour bar you entered? And what level of loss (profit is easy), do you ...

Nanningbob 4h trading system ver. 5.0

If you use 5.3 the system is complete with all EAs on page 1. If you want (or need) to modify the system because of the US (stupid) rules, Bob is developing 5.4 or 6.2 which added the TMA and removed Sixths, but 6.1 has added Sixths back and the ...

Nanningbob 4h trading system ver. 5.0

Max trades — Bob, a) how many currency pairs do you trade, and b) do you know/remember the max number of trades you ever had open at one time? I am currently calculating my lot size by the total margin required and a possible drawdown for all ...

Nanningbob 4h trading system ver. 5.0

Wguan, it looks like your charts need to be zoomed out one more level because you are only showing 2-3 weeks of data and the main plan uses the Sixths on 4 weeks of data. It won't change anything else, but you might try hiding all the other windows, ...

Nanningbob 4h trading system ver. 5.0

Also, after 2 bars it didn't go anywhere, so using Bob's new filter you would have closed this out for probably a small loss.

Nanningbob 4h trading system ver. 5.0

I'd say yes but I'm not Bob. Of course, that trade should have been taken at the cross of the 2 over 5 since it has moved 20 pips as of this reply. There appears to be divergence between price and the RWB and the low is in the area of support from ...

Nanningbob 4h trading system ver. 5.0

Thanks, Bob, my EAs did use the break of the Sixth and a cross of the 1MA over the 3x2 as per 6.0, but obviously that wasn't ideal so I think I'll wait until I see your final (beta?) rules including the BB before I try to recode this. My idea was to ...

Nanningbob 4h trading system ver. 5.0

FIFO crap — Bob, c) If your L2 does not develop in 2 bars, are you not allowed to close it due to FIFO rules? With IBFX I have been able to close my 2nd level trade with no problem. Man if they ever change that I am up the proverbial creek. ...

Nanningbob 4h trading system ver. 5.0

Median — Oliver, I already changed it on both EAs, assuming it was incorrect as well as the 2MA on the template. This is confirmed per Bob's last response to me.

Nanningbob 4h trading system ver. 5.0

Bob, I know you're busy but wonder if you could answer a few questions: I got myself into 2 Eur trades before your last post so will probably need to do recovery. 1. a) Do you make the second trade the same lot size as the first for a 50% ...

Nanningbob 4h trading system ver. 5.0

Is 2MA Close or Median? — NB, I looked at the Buy and Sell EAs and they both use the 2MA of the Close, not the Median but your earlier comments refer to the 2MA Median and the 5MA Median shift 1. tx

Nanningbob 4h trading system ver. 5.0

New Version? — Yes, I'm hoping that Phover will write a new version for NanningBob's new US Regs trading v5.4 or 6.2 or whatever when it's finalized. Thanks for all your work!

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