passgo » Wed Nov 19, 2014 2:40 pm wrote:Yes - same position on 1H. Will be interesting to see how the ea navigates through. I have not loaded version with stoch which I think would have kept out of some of these trades e.g. gbpjpy.

I have one issue - if I reset SBB without loading charts, closes down other charts running Sb. I have not included NZD pairs so leaves those with MPTM and Once a Day Basket. However, I have Sb on the major pairs so if I do have change SBB setting I then have to reload all my Sb trades

Once again, thanks Steve - "there will be losses" and you are right, as always.

johnsund » Wed Nov 19, 2014 1:22 pm wrote:Hi all -

Have some good news and some bad news. Good news is that demo account is up 663 net pips since Monday. Set file is SBB%2C H1. OOTB settings on H1.

The bad news is at the moment open trades are down a little over 10%. All trades opened either 11-18-2014 or 11-19-2014. Is anyone else experiencing this level of loss on open trades? Thanks.

passgo » Wed Nov 19, 2014 1:40 pm wrote:I have one issue - if I reset SBB without loading charts, closes down other charts running Sb. I have not included NZD pairs so leaves those with MPTM and Once a Day Basket. However, I have Sb on the major pairs so if I do have change SBB setting I then have to reload all my Sb trades

Gertje » Wed Nov 19, 2014 9:35 am wrote:

SteveHopwood » Fri Oct 24, 2014 4:01 pm wrote:Remember that live I am on the H4.

In conclusion
Have fun. Every body else is.

Steve,

What type of exit do you use on the H4?

Tnx,
Gertjan

SteveHopwood » Wed Nov 19, 2014 6:22 pm wrote: Opposite direction signal. Sometimes manual intervention.

OneandOnly666 wrote:Hi Steve!

In the SBB Stochcode.
shouldnt the arrow between Stochval and StochOverSold be the other way around?
Same goes for the StochVal and StochOverBought.
Or maybe its just me not understanding the code exactly.

Code: Select all

//Stochastic. Must be oversold for a buy.
      if (StochTF1 > 0)
         if (StochVal1[cc] > StochOverSold1)
            return;
      if (StochTF2 > 0)
         if (StochVal2[cc] > StochOverSold2)
            return;
      if (StochTF3 > 0)
         if (StochVal2[cc] > StochOverSold3)
            return;

Code: Select all

//Stochastic. Nust be overbought for a sell
         if (StochTF1 > 0)
            if (StochVal1[cc] < StochOverBought1)
               return;
         if (StochTF2 > 0)
            if (StochVal2[cc] < StochOverBought2)
               return;
         if (StochTF3 > 0)
            if (StochVal2[cc] < StochOverBought3)
               return;

Sending the question here as a pm to you instead of taking up space in the forum text. Specially if im wrong about my question.

Anyway, thanks for the best fxforum around. Keep up the good work.

//Thomas

Hi Thomas

The whole point is buying the dips in an uptrend and selling the rallies in a downtrend. So, in an uptrend we want a retrace where the market falls, and then get back in as it starts to rise again. We want the market to go oversold before reentering long because that is the retrace we are looking for.

I am going to post this exchange in the thread so that others can learn from it.

Cheers