Rail Road Tracks

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John
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Joined: Wed Nov 16, 2011 5:34 pm
Location: Land of Entrapment (New Mexico)

Re: Rail Road Tracks

Post by John »

Easy... let's try to keep it cordial. I don't think what Nufty has offered in his post warrants this type of response. I think, in fact, his point was that he feels the underlying strategy of this bot is feasible based on his own trading experience. Was he asking for Steve to re-write the bot in order to implement a bounce off the MA, etc.?? I don't believe so...

John

musky wrote:
Nufty wrote:Looking to test this one

Thanks Steve for the code!

I actually manually trade this pattern as a bounce off a trend line, support or resistance. I find it a very reliable set up.

I like the bounce off a 100 EMA using the 200 (I note you like the 240) as a direction indicator on 5 min charts as a scalp.

Also - love this around Pivot Points.

Trading this way gives me some great results

Thanks again

Nufty
Edited to keep the peace by Jemook.
AGT
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Location: Germany

Re: Rail Road Tracks

Post by AGT »

Hi John ! Looking into your MFXB link it seems to me you use your "old" DBM acc ? The curves remember me at least your DBM trading ... ?
Did you left the DBM now for a while like others did here .... waiting a new DBM version ? :)
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John
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Joined: Wed Nov 16, 2011 5:34 pm
Location: Land of Entrapment (New Mexico)

Re: Rail Road Tracks

Post by John »

Yes, DBM is on the shelf for the time being... in that MFXB link, I am now trading RRTnP on that account with some very conservative (strict) settings...

John

AGT wrote:Hi John ! Looking into your MFXB link it seems to me you use your "old" DBM acc ? The curves remember me at least your DBM trading ... ?
Did you left the DBM now for a while like others did here .... waiting a new DBM version ? :)
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Nufty
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Re: Rail Road Tracks

Post by Nufty »

John wrote:Easy... let's try to keep it cordial. I don't think what Nufty has offered in his post warrants this type of response. I think, in fact, his point was that he feels the underlying strategy of this bot is feasible based on his own trading experience. Was he asking for Steve to re-write the bot in order to implement a bounce off the MA, etc.?? I don't believe so...

John

musky wrote:
Nufty wrote:Looking to test this one

Thanks Steve for the code!

I actually manually trade this pattern as a bounce off a trend line, support or resistance. I find it a very reliable set up.

I like the bounce off a 100 EMA using the 200 (I note you like the 240) as a direction indicator on 5 min charts as a scalp.

Also - love this around Pivot Points.

Trading this way gives me some great results

Thanks again

Nufty
Edited to keep the peace by Jemook.
Thanks John

I came here to delete my response - as it was uncalled for.

Jemook sorted me out in the interim :)

I would like to explain my post though, for those that assumed something from it.

I do use long term moving averages as Support and Resistance levels - as I do Daily Pivots - thats about all I use them for.

Here are two trades I took this morning using the engulfing pattern (pretty much what this EA trades) as short term 'scalps" on a 5 min chart.

BTW - I am happy to explain any post I make - I may be new to this forum - however not new to trading.

Nufty
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sponn
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Joined: Fri Jul 20, 2012 9:49 am

Re: Rail Road Tracks

Post by sponn »

Has anybody found good eu or gu settings ? Maybe eu/gu are just not the best pairs for this bot but I can't find acceptable settings to run it. Thx for any help/thoughts.
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Freedom787
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Re: Rail Road Tracks

Post by Freedom787 »

sponn wrote:Has anybody found good eu or gu settings ? Maybe eu/gu are just not the best pairs for this bot but I can't find acceptable settings to run it. Thx for any help/thoughts.

I am net $40.70 on my live account trading EURUSD on m15. Attached is my set file if you would like to take a look. Won 7, lost 4.
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SteveHopwood
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Re: Rail Road Tracks

Post by SteveHopwood »

Freedom787 wrote:
sponn wrote:Has anybody found good eu or gu settings ? Maybe eu/gu are just not the best pairs for this bot but I can't find acceptable settings to run it. Thx for any help/thoughts.

I am net $40.70 on my live account trading EURUSD on m15. Attached is my set file if you would like to take a look. Won 7, lost 4.
Nice result. Congratulations.

:D
Read the effing manual, ok?

Afterprime is the official SHF broker. Read about them at https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=175790#p175790.

I still suffer from OCCD. Good thing, really.

Anyone here feeling generous? My paypal account is always in the market for a tiny donation. pianodoodler@hotmail.com is the account.

To see The Weekly Roundup of stuff you guys might have missed Click here

My special thanks to Thomas (tomele) for all the incredible work he does here.
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bodleytunes
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Location: Stockport

Re: Rail Road Tracks

Post by bodleytunes »

Hello Peeps,

I'm trialing this robot on H1 and H4 timeframes. Is the other option, M15?

Cheers!

Bod.
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Freedom787
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Re: Rail Road Tracks

Post by Freedom787 »

bodleytunes wrote:Hello Peeps,

I'm trialing this robot on H1 and H4 timeframes. Is the other option, M15?

Cheers!

Bod.
Not sure, testing a couple scenarios that did well in my backtests. Although i'm finding that some of the trades occur reverse on live ( buy when backtest was a sell) due to the limitations of the MQL backtest.

I'm trading the following on H1 with GBPJPY on my live account since last week. I have very tight breakeven settings because me and gbpjpy have a long history of fighting. Took 2 trades so far, both fell and hit the SL for a $16.33 profit.
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Freedom787
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Re: Rail Road Tracks

Post by Freedom787 »

SteveHopwood wrote: Nice result. Congratulations.

:D
Thanks Steve. I'm hoping I can contribute more because I really think there is large potential with this EA. I am testing one version I edited to wait an extra bar for confirmation of pin or RR before entering trade. Its the whole argument of getting in early, or waiting to confirm entry so I'm anxious to see how it goes.
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