The_Snowman » Wed Jun 25, 2014 6:32 am wrote:Is this setting up nicely for this method?

Red & black line are the 60 / 240 cross on 4H chart

excalibre30 » Tue Jul 01, 2014 2:53 pm wrote:File > Open Data Folder > MQL4 ----> you should see the correct folders to put the indis and EAs.

Gertje » Tue Jul 22, 2014 2:21 pm wrote:During several months I traded the daily chart with fixed entries every 50 pips, using the TMA to decide to buy/ sell and vice-versa.

The profits were huge, appr. 100% monthly, but the DD was huge as well. Sometimes up to 75% when I TP on a certain pair and the corresponding side went into deep DD.

I decided 1,5 week ago to pull the plug on the test and try something else. I managed to get out of the experience with 20% profit after all.

I noticed during this trading the daily chart that positive swap directions were consistent into profit, adding the swap to the account as well.

On the 11th of July I put together some cent-accounts and got an whopping $48.400 CENTS [$484,-] together. I started trading positive swap currencies only, entering as I was used to; every 50 pips in the direction of the positive swap. I had some DD up to today, when I broke into UpDraft, or UD so to speak.

To avoid crashing my account on a reversal, I set MPTM to move every trade to BE+5 after it gets to 90 pips profit so I have a maximum of 2 trades "unprotected". If a trade gets taken out, I re-enter on the way 'up' into positive swap again.

At the moment the account hoovers between +1% and +1.5% with 62 orders open. The +ve swap makes 25% of that.

Basically I'm only trading all AUD-, NZD- and CAD-crosses, 19 pairs in totall.
NZD is causing DD at the moment, but since AUD came up strong last days I'm confident the NZD will follow sooner or later and add to the UD.

rocketman99 » Wed Jul 23, 2014 3:07 am wrote:
Yep, this is basically the way I trade too (was on demo for a couple of months, live now). The only difference is no SL for me. My TP is % increase based, not fixed pips. It's amazing how much 0.25% increase pops up for me. I trade micro lots (0.01). I spoke about this strategy in the NB 10.6 forum a couple of months ago.

Note NZD rate change tomorrow and expected to increase. Load up those NZD longs. My favorite pair is the GBPNZD short due to the stupendous swap it pays. Yes, its expensive to get in due to the huge spread, but once in that swap just keeps ticking over.

Gertje » Wed Jul 23, 2014 8:27 am wrote:

rocketman99 » Wed Jul 23, 2014 3:07 am wrote:
Yep, this is basically the way I trade too (was on demo for a couple of months, live now). The only difference is no SL for me. My TP is % increase based, not fixed pips. It's amazing how much 0.25% increase pops up for me. I trade micro lots (0.01). I spoke about this strategy in the NB 10.6 forum a couple of months ago.

Note NZD rate change tomorrow and expected to increase. Load up those NZD longs. My favorite pair is the GBPNZD short due to the stupendous swap it pays. Yes, its expensive to get in due to the huge spread, but once in that swap just keeps ticking over.

Yep, it is truly amazing.
Came to the office today to find 4% floating profit, and still growing.
Wonder what the NZD will do tonight....

rocketman99 » Wed Jul 23, 2014 9:26 am wrote:
I have been reading a bit today on NZD rate increase and its not a slam dunk. Looks to be only around 80% certain, so I have GBPNZD, EURNZD and NZDCHF open so far. I might place some pendings later tonight.