MADTrader

[neocount]

We need to thank Trader Joe thats for sure. His TMA setup is brilliant on H4.

Dear Neocount,

How do you manage the trades ? Using the MPTM ?

regards,
KW

I am using APTM. Its in the same place MPTM is here on the forum.

[neocount]

Hi Guys

great to see excellent results posted on this thread....

There is just something I need to re-iterate...when I started showing interest in George's method of trading it was not only to continue a method of trading that I have done for many years now but also to get into a trading method with many checks and balances,,,,George is an accountant and i believe that an accountant always meticulously weighs up everything with checks and balances before posting the final result...

So with this in mind we need to be careful in considering great results as the real method going forward I have also seen 1000 pips in draw down with all my trades opened...but yes the trend is your friend and eventually the draw down gets nullified with a good end result...

For me, I am at a stage in testing Mad with the most conservative settings that I can possibly adapt into going live...sorry to be a party poop but in my opinion it is being realistic

I have great belief in this method and yes for me the way forward is absolutely conservative

Cheers Guys

Well said Garrick. I have seen this beginning from EAs too many times to really be too excited (voodoo anyone?) though the premise behind this one is brilliant and much more solid than any I have tried. I can see DD being an issue and honestly that's usually the biggest issue with all the EAs I have tried over the years. Especially grid traders. I was -200 pips yesterday before the retracements were done and it was back positive.
But......I just realized today that there IS a MA filter already installed in this EA so next week I am going to test out a H1 MA filter to see if it can take out some of these retracements like I showed with GA.

I am sure with all of us trying different scenarios we can come up with a solid way to trade this thing.

[Wavegarrick]

Thanks Neo

By the way you can call me Leon that is my real name Garrick well that is a name of a fish species

I am sure with all of us trying different scenarios we can come up with a solid way to trade this thing.

Yes Buddy I believe absolutely in what u are saying....

[neocount]

LOL yeah I don't want to call you a type of fish.

[Kubez]

neo, can you share your APTM set file.

I am running APTM too but the ATR settings are not working as I would expect, I have probably made an error somewhere and would like to cross check the settings.

Cheers.

[919gilead]

Hi Guys

great to see excellent results posted on this thread....

There is just something I need to re-iterate...when I started showing interest in George's method of trading it was not only to continue a method of trading that I have done for many years now but also to get into a trading method with many checks and balances,,,,George is an accountant and i believe that an accountant always meticulously weighs up everything with checks and balances before posting the final result...

So with this in mind we need to be careful in considering great results as the real method going forward I have also seen 1000 pips in draw down with all my trades opened...but yes the trend is your friend and eventually the draw down gets nullified with a good end result...

For me, I am at a stage in testing Mad with the most conservative settings that I can possibly adapt into going live...sorry to be a party poop but in my opinion it is being realistic

I have great belief in this method and yes for me the way forward is absolutely conservative

Cheers Guys

Great results guys and I couldn't agree more with you Leon. And you read me very well

I am doing the same thing to see that the drawdown is eliminated or reduced to the barest minimum and will continue to tweak this thing again next week. My controls were too much and the EA was not generating any trades, so I had to relax the rules. I have some ideas and will be testing one or two of them next week:
1. manually close unviable trades as soon as possible
2. trade ONLY one or two pairs

I have another idea that will require a completely new EA and don't know whether that is something we want to do but will still forward it to Rene over the week end. Trades will not be taken based on currency strength/weakness but instead we look for setups and enter on strength/weakness confirmation. I don't know how feasible this will be but just an idea.

Result for today wasn't bad but will see what next week brings.

Have a good week end all

Shalom and God bless

[neocount]

neo, can you share your APTM set file.

I am running APTM too but the ATR settings are not working as I would expect, I have probably made an error somewhere and would like to cross check the settings.

Cheers.

[919gilead]

Finally result for the day and closing these remaining trades for the week. Only the 1st two were from the last report I posted.


Cheers all and a great and refreshing week end :hi:

[bazze]

Here's the result's for approx. 4 hour of trading today

[Silicus]

Here's the result's for approx. 4 hour of trading today

Hi Bazze,

would you be so kind to point me to the indicator that lists your trades?
Or is that just an exel sheet?
I used to use iHistory, but it does not work with the lastest Empty4 anymore.

Would really appreciate it!

Thank you!

Silicus