Moving Day

Post by **c1borg** » Mon May 18, 2020 8:25 pm

Currently +400 - 124 which is still 31% will see what happens when all the moving averages turn and profits are banked.

Fourxxxx · Post by **Fourxxxx** » Mon May 18, 2020 9:05 pm

c1borg » Tue May 19, 2020 12:14 am wrote:My idea is to let a moving average close the trades as I noticed we were closing good trades too early. Look at the arrows on this chart as an example.

The indicator at the bottom switches as the MA changes direction, currently set to 10 to firstly cut short any losses and more importantly let any profits run. I think its currently set too high and this setup will give back a lot. However I will reduce the MA value to try and get a sweet spot. Probably wont work but worth a try.

margin call reached ml 119.99%, equity: 939.90 AUD, margin: 783.29 AUD, profit: 150.99 AUD

You may find this MA setup useful, 5EMA with a shift of 2.

Post by **c1borg** » Tue May 19, 2020 7:19 am

Fourxxxx » Mon May 18, 2020 9:05 pm wrote: You may find this MA setup useful, 5EMA with a shift of 2.

Why? Please explain with more detail

Post by **c1borg** » Tue May 19, 2020 7:38 am

Well didnt expect this, still performing well

when is the normal kick in the teeth coming. Profits are beginning to be banked as expected, which is nice to see

capture.png

capture1.png

capture3.png

I wonder should we try a hard stop for losses of around 40 pips rather than let the MA decide

This pair stalled and now going even higher

capture4.png

Fourxxxx · Post by **Fourxxxx** » Tue May 19, 2020 11:44 am

c1borg » Tue May 19, 2020 5:19 pm wrote:
Fourxxxx » Mon May 18, 2020 9:05 pm wrote: You may find this MA setup useful, 5EMA with a shift of 2.
Why? Please explain with more detail

Try it on a few charts, it works really well to keep you in to get profit and out without leaving too much on the table.

thomas1386 · Post by **thomas1386** » Tue May 19, 2020 4:50 pm

@ c1borg : do i understand it right - the trades are closed when the ma changes the direction? Not when price crosses the ma ? I am thinking about using Milaneses APTM to close all trades when a recross of a faster ma happens. I will set up a few demos with different pip values for the grid.
Your idea looks good so far.

Thomas

Post by **c1borg** » Tue May 19, 2020 5:19 pm

thomas1386 » Tue May 19, 2020 4:50 pm wrote:@ c1borg : do i understand it right - the trades are closed when the ma changes the direction? Not when price crosses the ma ? I am thinking about using Milaneses APTM to close all trades when a recross of a faster ma happens. I will set up a few demos with different pip values for the grid.
Your idea looks good so far.

Thomas

Correct it's the close level on the close of the candle is higher or lower than the previous one.

Post by **SteveHopwood** » Tue May 19, 2020 8:50 pm

Nothing to do with what we are doing here, but perhaps one for you folks to have fun with: viewtopic.php?p=170263#p170263

Post by **c1borg** » Wed May 20, 2020 8:36 am

All profits now banked, some quick analysis shows I need a faster reacting MA (I have a good candidate

in mind) for example NZDCHF left around 30 pips per trade on the table 5*30=150 extra pips we should have banked

However on the plus side we did bank 490 pips on this trade

So total we should have banked 640 pips 23% missed profit

capture.png

Post by **trader689** » Wed May 20, 2020 8:53 am

fantastic c1borg

do keep us posted

trader