10.4 A Complete System

[Staedtler]

Pretty large gap on the USD pair

same with gbp jpy.. i kept it open over the weekend. closed my eurjpy trade last week

[Chris]

I'm thinking of setting up pending limit orders at the half gap and full gap fill, any buddy got any better ideas?

[nanningbob]

First I pocketed all my profits, up 2% to start the week. Set pendings above the last highs and waiting for a retrace to a previous S line to reenter. Nice gaps this morning.

My theory on gaps is, Banks do all their sells or buys first from over the weekend and then it retraces. So I closed and now wait the retrace to reenter. I will start my trading week from the retracements.

[nanningbob]

As far as the rest of the currencies. I have no idea and will wait until near the Euro or mid JPY session to decide.

[fxozgirl]

Ok guys, I am assuming you understand that Gday fires a trade when Stoch has gone into, then out of, ob/os. If this is news to you, then do not use it.

Attached is a version set to: M60 chart: Stoch 5, 3, 3; TradeShort disabled.

Watch the UseForexKiwi inputs, which are set to allow me to trade all the JPY pairs on my underfunded and overtraded GP account.

What do we need to watch for with the Kiwi input. I did a short backtest and it seemed to work fine with forex.com

I would think that changing the oversold inputs to 30 would make it more sensitive to catch more trades but instead it misses the initial push and then catches the retacement later
Left is a setting of 20 and right is a setting of 30, is there no way to catch both of these entries?

The only way to do this is to run 2 instances of the EA, setting up the different ob/os for each one. I'd also suggest to use a different magic number for each of them.

[nanningbob]

Can you imagine what would happen to the market if the Japanese bank says, "Sorry guys, we changed our minds, we are not buying those bonds this morning." That would be a hoot. SCRAMBLE TIME!!

[nanningbob]

[Staedtler]

As far as the rest of the currencies. I have no idea and will wait until near the Euro or mid JPY session to decide.

let us know when you decide.. i've got a pending buy stop above the highs for today

[Staedtler]

I hope it does pull back.. give us some nice entry points

[Chris]

Ok guys, I am assuming you understand that Gday fires a trade when Stoch has gone into, then out of, ob/os. If this is news to you, then do not use it.

Attached is a version set to: M60 chart: Stoch 5, 3, 3; TradeShort disabled.

Watch the UseForexKiwi inputs, which are set to allow me to trade all the JPY pairs on my underfunded and overtraded GP account.

What do we need to watch for with the Kiwi input. I did a short backtest and it seemed to work fine with forex.com

I would think that changing the oversold inputs to 30 would make it more sensitive to catch more trades but instead it misses the initial push and then catches the retacement later
Left is a setting of 20 and right is a setting of 30, is there no way to catch both of these entries?

The only way to do this is to run 2 instances of the EA, setting up the different ob/os for each one. I'd also suggest to use a different magic number for each of them.

Thanks!