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Author:  Wavegarrick [ Thu Feb 04, 2016 1:11 pm ]
Post subject:  MAD-EA
I am happy for U Michael

I dont even know where my trades are sitting....My demo account has been offline since my last posting...Guess my broker does not like my demo account to do well :smile:
Author:  Wavegarrick [ Thu Feb 04, 2016 1:49 pm ]
Post subject:  MAD-EA
What you are mea, can we tune this to more stable?
If we make acting H1 more in momentum so i have it set for H4, can we get it more serious?

Greets

Michael
Michael forgive me for posting here but I feel it would be better for all of us to discuss settings openly here so that we can all learn from each other....

Michael firstly I need to understand ur system...my system is very much based on Nanning bob's system, the 240 lwma on the 4 hour chart is the real direction for me however I like to catch swings before it crosses over the 240 ma and by that I look for 21 lwma to cross over the 60 lwma on the 1hr t/frame...now the real momentum for me starts after price has crossed over the Ma's on the 1hr time frame and price will always retrace by crossing back down on the 15 min and 5 min when it crosses back up on the 5 and 15 min that is when my entry conditions are met and provided the higher t/frames 30 min I hr is still in line...like George has said this is when we turn a lagging indicator into a leading indicator, and if u use the 4 hr u will have a lot less trades...that I will eventually test but will need to see how my current settings are are performing.
Author:  MichaelSch [ Thu Feb 04, 2016 2:03 pm ]
Post subject:  MAD-EA
Take slow 10 and fast 3 on TF H4 you see that are several times such a sinus curve. On H1 would it evtually also go. This is to want protect against flat market conditions.
On D1 you can see this much more clearly.

It was an idea i have around.

Hope you get this.

Greets

Michael
Author:  Wavegarrick [ Thu Feb 04, 2016 2:13 pm ]
Post subject:  MAD-EA
Michael.....Cool bud :)

would be interesting to see how ur settings work out and would be nice to see your results posted here...for now I will stick to what I know
Author:  MichaelSch [ Thu Feb 04, 2016 2:16 pm ]
Post subject:  MAD-EA
I will test this with H4 and D1 since yet.

H4
simple
slow 10
fast 3
open price
---------------
D1
simple
slow 10
fast 3
low price (to take the wick also)
------------------------

Hope this work well.

Greets

Michael
Author:  Wavegarrick [ Thu Feb 04, 2016 7:28 pm ]
Post subject:  MAD-EA
Hi guys excellent results today, having said these conditions could change with stagnating or ranging markets but all good while the run is on....

currently running almost 400 pips for the day.....I closed the one batch and the ea immediately started opening new trades all sitting at 190 pips in a few few minutes ...take note this is only because we are having nice runs with the currency pairs, I will now let my Mptm control my exits with break even set to 5 pips at 25 pips and jump stop 25 pips....Having fun while it lasts :smile:
Author:  919gilead [ Thu Feb 04, 2016 8:40 pm ]
Post subject:  MAD-EA
Wavegarrick » Thu Feb 04, 2016 12:28 pm wrote:Hi guys excellent results today, having said these conditions could change with stagnating or ranging markets but all good while the run is on....

currently running almost 400 pips for the day.....I closed the one batch and the ea immediately started opening new trades all sitting at 190 pips in a few few minutes ...take note this is only because we are having nice runs with the currency pairs, I will now let my Mptm control my exits with break even set to 5 pips at 25 pips and jump stop 25 pips....Having fun while it lasts :smile:

Excellent results my friend and watching :good:
Author:  919gilead [ Thu Feb 04, 2016 9:14 pm ]
Post subject:  MAD-EA
Wavegarrick » Thu Feb 04, 2016 2:26 am wrote:Hi Michael try these settings to get U started

U will notice that I have set my candle look back along way back because in my opinion an Ma cross could have happened yesterday on the one hour time frame and I need the ea to look back to yesterday and get back in the trend today if the Ma's cross over in the intended direction on the smaller t/frames ... I stand to be corrected and please George or Rene correct me If I am wrong.....

I have only started this Ea up today so will be doing modifications as I go along...
No you are right as the EA needs that information unlike a manual trader
Author:  919gilead [ Thu Feb 04, 2016 9:15 pm ]
Post subject:  MAD-EA
MichaelSch » Thu Feb 04, 2016 5:31 am wrote:
Impressive man, now works and i have double my small account since you gave me the hint!

Really nice :yahoo:

Congrats Michael - you're happy now :)
Author:  MichaelSch [ Thu Feb 04, 2016 9:22 pm ]
Post subject:  MAD-EA
Wavegarrick » Thu Feb 04, 2016 8:28 pm wrote:Hi guys excellent results today, having said these conditions could change with stagnating or ranging markets but all good while the run is on....

currently running almost 400 pips for the day.....I closed the one batch and the ea immediately started opening new trades all sitting at 190 pips in a few few minutes ...take note this is only because we are having nice runs with the currency pairs, I will now let my Mptm control my exits with break even set to 5 pips at 25 pips and jump stop 25 pips....Having fun while it lasts :smile:
MPTM what version you use and have you a link to get and read about?

Greets

Michael
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