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Moving Day
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=5801		 Page 13 of 18
Author:  c1borg [ Mon May 18, 2020 8:25 pm ]
Post subject:  Moving Day
Currently +400 - 124 which is still 31% will see what happens when all the moving averages turn and profits are banked.
Author:  Fourxxxx [ Mon May 18, 2020 9:05 pm ]
Post subject:  Moving Day
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. :smile:

margin call reached ml 119.99%, equity: 939.90 AUD, margin: 783.29 AUD, profit: 150.99 AUD :cheer:
You may find this MA setup useful, 5EMA with a shift of 2.
Author:  c1borg [ Tue May 19, 2020 7:19 am ]
Post subject:  Moving Day
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 :smile:
Author:  c1borg [ Tue May 19, 2020 7:38 am ]
Post subject:  Moving Day
Well didnt expect this, still performing well :smile: when is the normal kick in the teeth coming. Profits are beginning to be banked as expected, which is nice to see :cheer:
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 :smile:
capture4.png
Author:  Fourxxxx [ Tue May 19, 2020 11:44 am ]
Post subject:  Moving Day
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 :smile:
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.
Author:  thomas1386 [ Tue May 19, 2020 4:50 pm ]
Post subject:  Moving Day
@ 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
Author:  c1borg [ Tue May 19, 2020 5:19 pm ]
Post subject:  Moving Day
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.
Author:  SteveHopwood [ Tue May 19, 2020 8:50 pm ]
Post subject:  Moving Day
Nothing to do with what we are doing here, but perhaps one for you folks to have fun with: viewtopic.php?p=170263#p170263

:xm: :rocket:
Author:  c1borg [ Wed May 20, 2020 8:36 am ]
Post subject:  Moving Day
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 :roll: However on the plus side we did bank 490 pips on this trade :smile:

So total we should have banked 640 pips 23% missed profit :x
capture.png
Author:  trader689 [ Wed May 20, 2020 8:53 am ]
Post subject:  Moving Day
fantastic c1borg :good: do keep us posted

trader
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