johnf » Mon Sep 22, 2014 10:20 am wrote:Thanks for sharing Shelley. I must admit I am enjoying your input with this on your time frames. Keep the good work up.
Thought about going live? With perhaps smaller trades initially?

fxozgirl » Sun Sep 21, 2014 9:49 pm wrote:At open of trading today:

Current balance: $6231.97

1 trade taken this morning:
AUDNZD Sell
New sell signal on weekly
3SMMA is below 8 SMMA
Trigger candle closed below 3SMMA
Multi MA indicator dots all line up red

Looks like there's a few potential set up's for tomorrow

zader » Mon Sep 22, 2014 9:42 am wrote:

fxozgirl » Sun Sep 21, 2014 9:49 pm wrote:At open of trading today:

Current balance: $6231.97

1 trade taken this morning:
AUDNZD Sell
New sell signal on weekly
3SMMA is below 8 SMMA
Trigger candle closed below 3SMMA
Multi MA indicator dots all line up red

Looks like there's a few potential set up's for tomorrow

Looking good Shelley, my EA's working off closed candles only so hasn't taken this one yet.
EA demo results for the 1st and only week 21pairs GP > 1315 pips banked with +515 folating, jumping stop & breakeven weren't quite working to the rules until Friday so those are only rough results, very early days yet but so far so good
Ignore the % growth because I put in the wrong lot size or if you want to look at that in a good way it survived a very volatile week with stupid stupid lots. 16 Trades running at the mo because the EA blindly follows the rules, but if I was trading it live I wouldn't have taken a good few of those, I would have taken the lossers and missed the winners
And excellent stuff Cherry

trader689 » Mon Sep 22, 2014 1:42 pm wrote:impressive stuff zader, any more information you can provide about the EA?

Cherry » Mon Sep 22, 2014 7:28 pm wrote:I don't want to get too excited as not all weeks move as strongly as last week... but I'm very happy with the result I got on my demo. I didn't enter at open of the candle but put in a limit order for a pullback to around the 3 ma on daily. Some I got in nicely like AUDUSD almost right on the top of the pullback, but I missed an entry with a couple like AUDCAD as it didn't pull back much at all.
This is the graph from a demo I use for testing strategies. You can see the big move from last week's 6.39% move up!

My other demo I used for 30min entries but as I didn't have much time it didn't do near as well. However the AUDCAD trade I took with a 30m entry on the 10th I finally closed on Friday evening 19th. I would love to get a few runs like that from time to time! I did scale out but left the last lots to run for 256 pips.

This weekly / daily method will work well when the markets give some strong trending weeks, but I can see it may be very slow when we get into a range and then the smaller time frames would be best.. if we had time to trade them.
Thanks again to John and Shelley!

zader » Mon Sep 22, 2014 7:42 pm wrote:

fxozgirl » Sun Sep 21, 2014 9:49 pm wrote:At open of trading today:

Current balance: $6231.97

1 trade taken this morning:
AUDNZD Sell
New sell signal on weekly
3SMMA is below 8 SMMA
Trigger candle closed below 3SMMA
Multi MA indicator dots all line up red

Looks like there's a few potential set up's for tomorrow

Looking good Shelley, my EA's working off closed candles only so hasn't taken this one yet.
EA demo results for the 1st and only week 21pairs GP > 1315 pips banked with +515 folating, jumping stop & breakeven weren't quite working to the rules until Friday so those are only rough results, very early days yet but so far so good
Ignore the % growth because I put in the wrong lot size or if you want to look at that in a good way it survived a very volatile week with stupid stupid lots. 16 Trades running at the mo because the EA blindly follows the rules, but if I was trading it live I wouldn't have taken a good few of those, I would have taken the lossers and missed the winners
And excellent stuff Cherry

zader » Tue Sep 23, 2014 2:45 am wrote:

trader689 » Mon Sep 22, 2014 1:42 pm wrote:impressive stuff zader, any more information you can provide about the EA?

If you've read Shelleys rules in post 1 there's not much to say, I think the only difference is I set it to only work on closed candles so as not to get any false/early signals, this might leave some pips on the table but could also save some only time will tell.