Multi_Stoch_Rsi_Trader

[chobbes]

Was using stoch and OOTB settings on Alpari.

[fire580]

thanks chobbes - and the stoch was at a standard setting?

[jeremysprite]

Yeah I haven't found the best results on the M15 RSI, the daily Stoch I've found great. Up 50% in two months (small account so higher risk)

[chobbes]

Yep all standard settings

[jako]

Thanks Mr Long - I've been testing on m15 timeframe only for about a month and those results are good, showing profit of around 3.5%. Could you share more on your result comparison pls as I have only remained on the M15.

Thanks

Hello chobbes,

I could not make it work for me, that doesn't mean it won't work for other traders, if you are showing 3.5%, thats fantastic.

Best Regards
Andy

Mr Long

I have been using this EA for sometime now and can report that it has been very sucesfull so far. My only addition is that I use MPTM with it top manage trades.
MPTM is set to BE after 50 pips with BE profit of 5 pips. I've added Jumping stops of 40 pips and part close.

With this approach your ea has yeld a stunning +11% so far this month.

It should be noted variation (eg V1.06) and attach a file *.set.

[acostafulano]

Could you also share with us what TF are you using on this? Also, how much was this return, in pips?
Thanks
Diego

Thanks Mr Long - I've been testing on m15 timeframe only for about a month and those results are good, showing profit of around 3.5%. Could you share more on your result comparison pls as I have only remained on the M15.

Thanks

Hello chobbes,

I could not make it work for me, that doesn't mean it won't work for other traders, if you are showing 3.5%, thats fantastic.

Best Regards
Andy

Mr Long

I have been using this EA for sometime now and can report that it has been very sucesfull so far. My only addition is that I use MPTM with it top manage trades.
MPTM is set to BE after 50 pips with BE profit of 5 pips. I've added Jumping stops of 40 pips and part close.

With this approach your ea has yeld a stunning +11% so far this month.

It should be noted variation (eg V1.06) and attach a file *.set.

[MrLong]

Thanks Mr Long - I've been testing on m15 timeframe only for about a month and those results are good, showing profit of around 3.5%. Could you share more on your result comparison pls as I have only remained on the M15.

Thanks

Hello chobbes,

I could not make it work for me, that doesn't mean it won't work for other traders, if you are showing 3.5%, thats fantastic.

Best Regards
Andy

Mr Long

I have been using this EA for sometime now and can report that it has been very sucesfull so far. My only addition is that I use MPTM with it top manage trades.
MPTM is set to BE after 50 pips with BE profit of 5 pips. I've added Jumping stops of 40 pips and part close.

With this approach your ea has yeld a stunning +11% so far this month.

Fantastic, the difference will be your use of MPTM, I would have thought.

Best Regards
Andy

[jeremysprite]

Hi all,

EA still going well. I've set up the Multi RSI on another account to see how that goes as well.

I've had a few PMs asking to post the setfiles, settings I'm using etc. I can see why people want to make sure that your EA is doing the same thing as mine if I'm making a profit, but you're always going to see different results.
However, here's a quick summary below:

Multi Stoch, v1.03
My trade settings are roughly:
Stop initially placed at around 35 pips manually. I was doing 1/2 daily volatility but most pairs are around this number so for the sake of laziness I tend to do 35ish. I always tend to be online at 00:00 GMT which is when new trades open, so I haven't needed an automatic solution. You could use MPTM if you want.
Stop moved to BE +2 at 20 pips profit
1/3 of trade closed at 30 pips
30 pip jumping stop applied at 30 pips profit - the remainder of the trade is just held open until it hits one of these trades.

If someone can tell me why this EA will open a trade on say EURUSD if it has already opened a trade but then part closed it the day before? It hasn't been a major issue yet so I've just left it.

[MrLong]

Hi all,

EA still going well. I've set up the Multi RSI on another account to see how that goes as well.

I've had a few PMs asking to post the setfiles, settings I'm using etc. I can see why people want to make sure that your EA is doing the same thing as mine if I'm making a profit, but you're always going to see different results.
However, here's a quick summary below:

Multi Stoch, v1.03
My trade settings are roughly:
Stop initially placed at around 35 pips manually. I was doing 1/2 daily volatility but most pairs are around this number so for the sake of laziness I tend to do 35ish. I always tend to be online at 00:00 GMT which is when new trades open, so I haven't needed an automatic solution. You could use MPTM if you want.
Stop moved to BE +2 at 20 pips profit
1/3 of trade closed at 30 pips
30 pip jumping stop applied at 30 pips profit - the remainder of the trade is just held open until it hits one of these trades.

If someone can tell me why this EA will open a trade on say EURUSD if it has already opened a trade but then part closed it the day before? It hasn't been a major issue yet so I've just left it.

Hello Jeremy,

Wow +69.32%, is that for Multi_Stoch_Rsi_Trader?

If someone can tell me why this EA will open a trade on say EURUSD if it has already opened a trade but then part closed it the day before? It hasn't been a major issue yet so I've just left it. <=== Fixed.

I've added a switch to turn all management off, which makes it easier to use other management tools.

I've changed the partial close function, so it closes a percentage of the lot at a give pips profit.

I'll test 1.07 out then upload later.

Best Regards

Andy

[chrisD]

Did anybody tested gold or sliver? Mrlong, how to add metal to trade, better add it your version