stevehopwoodforex.com • Fractalated Bob

Author:

SteveHopwood [ Thu Oct 02, 2014 8:26 am ]

Post subject:

Fractalated Bob

Gertje » Thu Oct 02, 2014 8:11 am wrote:
SteveHopwood » Wed Oct 01, 2014 9:41 pm wrote:I am currently stuck in a basket that is c. -500 pips into the hole. It will be interesting to see what happens from here.

A glance at the H4 charts lends perspective, as I just remarked to Tommaso in a pm. Those pairs that have shown blistering screams upwards, and vertiginous hurtles downwards on the M15 (and all in the wrong direction) are merely at the top/bottom of a range on the H4.

Or course, if all those pairs are about to break our of their range, then I am in trouble. We shall see.

Are you trading limited pairs?
The JPY is gaining strenght, and sell orders xxJPY are abundant.

This prompted me to make an update to post 1 that I have intended making for some time. Copied from post 1:

As traded last month on an M15 chart:
pairs: majors + GJ.

trades in the direction of Bob's H4 240 MA trend-detection function.

takes trades based on Fractals.

all trades opened by FB on all charts are regarded as being part of a basket of trades. The basket is closed by mptm at $6 profit per 0.01 lot size. 0.02 lost, profit target is $12. 0.03 lots, target is $18. Global Prime live trading account: 1 pip = 10 cents, so a 10 pip movement is $1.

stevehopwoodforex.com https://www.stevehopwoodforex.com/phpBB3/ Print view

Fractalated Bob https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3808	Page 34 of 60

Author:	taipan [ Thu Oct 02, 2014 1:37 am ]
Post subject:	Fractalated Bob
My profiles keep on missing on several occassions on Empty4 build 670. Better back up and zip it to prevent this happening again. This happened only when you restart your Empty4 platform.

Author:	Gertje [ Thu Oct 02, 2014 7:15 am ]
Post subject:	Fractalated Bob
SteveHopwood » Wed Oct 01, 2014 10:33 pm wrote: fxozgirl » Wed Oct 01, 2014 9:44 pm wrote: Just a further warning...the new build keeps shutting down the platform as well. Multiple times this week I have noticed one or more of my platforms have closed. This is only occuring with the new build, which includes my Cowboy Cowboy Cowboy Go Markets live account, GP live has not been updated had no trouble with that, but GP demo's that have updated are also randomly shutting down. I thought I was missing something I was doing when my latest platforms suddenly went home to bed. Seems it wasn't simply an alcohol induced hallucination. I thought it was my machine [2 core VPS, 4Gb ram and 80Gb HDD] wasn't good enough to handle multiple Empty4's.... Closed all but one with FB.

Author:	Gertje [ Thu Oct 02, 2014 8:11 am ]
Post subject:	Fractalated Bob
SteveHopwood » Wed Oct 01, 2014 9:41 pm wrote:I am currently stuck in a basket that is c. -500 pips into the hole. It will be interesting to see what happens from here. A glance at the H4 charts lends perspective, as I just remarked to Tommaso in a pm. Those pairs that have shown blistering screams upwards, and vertiginous hurtles downwards on the M15 (and all in the wrong direction) are merely at the top/bottom of a range on the H4. Or course, if all those pairs are about to break our of their range, then I am in trouble. We shall see. Are you trading limited pairs? The JPY is gaining strenght, and sell orders xxJPY are abundant.

Author:	Gertje [ Thu Oct 02, 2014 8:46 am ]
Post subject:	Fractalated Bob
What I like most of the system is that winners are being add-on while loosers most of the time stay single. This way the winners will tip the scale in the end and close the basket at profit. Really smart thinking, and good find to use the fractals this way.

Author:	xilef [ Thu Oct 02, 2014 9:02 am ]
Post subject:	Fractalated Bob
actually i have a floating of -150€ with 0,02lot on a 1200€ account with the same pairs as stevehopwood, from now on i will manage the trades at the H4 chart, the pairs which i think have no chane of recovery i will close, how is it going with the account which use it on H1? any reports from people who use it at H1?

Author:	Gertje [ Thu Oct 02, 2014 9:06 am ]
Post subject:	Fractalated Bob
xilef » Thu Oct 02, 2014 9:02 am wrote:actually i have a floating of -150€ with 0,02lot on a 1200€ account with the same pairs as stevehopwood, from now on i will manage the trades at the H4 chart, the pairs which i think have no chane of recovery i will close, how is it going with the account which use it on H1? any reports from people who use it at H1? All pairs, 20 open orders, -/- 240 pips floating. Max negative this basket -/-670 pips. I bookmarked Shelly's Myfx; http://www.myfxbook.com/members/sallen/ ... 1h/1017907 to compare accounts. Most of the trades are in sync, some start one hour earlier/ later due to different brokers I guess. Baskets started on different moments, so basket comparisation is not possible. I have cash-TP $20,- with 0.01 lots for $1.000 balance. When account reaches $2.000 I intent to double lots and cash-TP. By using cash-TP, I include swap- and commisioncost in the profit.

Author:	patmontes [ Thu Oct 02, 2014 1:41 pm ]
Post subject:	Fractalated Bob
Hi Steve, i agree with you. Currently i have TP at $15 for .02 but now i'll move to $18 .03 lots to be more conservative.

Author:	xilef [ Thu Oct 02, 2014 2:12 pm ]
Post subject:	Fractalated Bob
the EA just closed all my gbp/jpy orders with a massive minus. about 120€ isnt that a malfunction? The close was around the minimum distance to MA line.

Author:	SteveHopwood [ Thu Oct 02, 2014 3:52 pm ]
Post subject:	Fractalated Bob
arts has just sent me a fantastic script - read 'Attached scripts' underneath 'in conclusion' towards the end of post 1. You are going to luuurrrrrve this one. Cheers arts. Totally fantastic.

All times are UTC	Page 34 of 60
Powered by phpBB® Forum Software © phpBB Limited