Bob and Shelley Again

[SteveHopwood]

Wow, haven't been on for a few days and bang another promising bot appears. Thanks to Steve and Shelley for the great work and the ideas from everyone, most awesome!

I think this is my best one yet. Not surprising, given the quality of the people who developed the system.

[fxozgirl]

Am I mistaken or are reentry trades still a bit off?
Isn't price supposed to come up and touch the ma in order to trigger reentry?

OldTrader, no you are mistaken, the re-entry trades are correct.

We are only looking for enough of a pullback in price & momentum to get us back into a trend. Quite often price will follow the MA and could sometimes go days & even weeks without crossing back over it. That is lost pips...I hate looking at that type of scenario wishing I was in, so this gives us a (hopefully) safe way to get back in to a trade once an already profitable trade has closed.

[fxozgirl]

Steve the re-entry trades are exactly right, thank you for fixing the code and now with the comment it's easy to see what's what!

BASA took an AUDCHF re-entry trade today...this is a perfect example of how & why we want to get back into a trade.

From the start of the week, AUDCHF has dropped over 300 pips, however due to the timing of starting the bot, we didn't get a look in to get any part of this trade.

BUT for the last 2 days price has now consolidated and pulled back somewhat (approx 120 pips from the swing low), momentum has also slowed, there is massive separation of price from the 60 LWMA which tells me price isn't going to far back up before continuing it's downtrend and finally today we now have confirmation of a new position to get back in.

Also taken today was AUDJPY (re-entry), CADCHF (main) and GBPJPY (re-entry)

audchf.gh4_130802.png

[SteveHopwood]

Steve the re-entry trades are exactly right, thank you for fixing the code and now with the comment it's easy to see what's what!

BASA took an AUDCHF re-entry trade today...this is a perfect example of how & why we want to get back into a trade.

From the start of the week, AUDCHF has dropped over 300 pips, however due to the timing of starting the bot, we didn't get a look in to get any part of this trade.

BUT for the last 2 days price has now consolidated and pulled back somewhat (approx 120 pips from the swing low), momentum has also slowed, there is massive separation of price from the 60 LWMA which tells me price isn't going to far back up before continuing it's downtrend and finally today we now have confirmation of a new position to get back in.

Also taken today was AUDJPY (re-entry), CADCHF (main) and GBPJPY (re-entry)

audchf.gh4_130802.png

I am in all of those, and on my Cowboy IBFX live account. It will be interesting to see if GJ recovers - it came within 10 pips of sl at one point.

We should not really be trading at all today - NFP. Hey ho. Maybe the post release spark of activity will work for us. Doesn't usually.

[pete14]

Steve and Shelley,
thanks a lot for your hard work on this one. Looks very promising.
Anyhow, I need some help to get the EA going.
I'm getting the following alarm window and the EA refuses to trade:

Stopped- ICustom indicator not found: 10.4 4HRSI2 modified for automation.ex4

Thanks
Peter

[fxozgirl]

Steve and Shelley,
thanks a lot for your hard work on this one. Looks very promising.
Anyhow, I need some help to get the EA going.
I'm getting the following alarm window and the EA refuses to trade:

Stopped- ICustom indicator not found: 10.4 4HRSI2 modified for automation.ex4

Thanks
Peter

You'll find it in Post 1

[pete14]

I have placed the 2 indicators from the beginning into the indicators folder and read post one several times and followed every instruction there. Still the same alarm window

[fxozgirl]

I have placed the 2 indicators from the beginning into the indicators folder and read post one several times and followed every instruction there. Still the same alarm window

Try the fix here

http://www.stevehopwoodforex.com/phpBB3 ... 156#p71156

[pete14]

Shelley,

thanks a lot. It's working now.

[OldTrader]

Am I mistaken or are reentry trades still a bit off?
Isn't price supposed to come up and touch the ma in order to trigger reentry?

OldTrader, no you are mistaken, the re-entry trades are correct.

We are only looking for enough of a pullback in price & momentum to get us back into a trend. Quite often price will follow the MA and could sometimes go days & even weeks without crossing back over it. That is lost pips...I hate looking at that type of scenario wishing I was in, so this gives us a (hopefully) safe way to get back in to a trade once an already profitable trade has closed.

Ok sorry, will reread again and clear the ol noggin