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gptoro

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Posts posted by gptoro

  1. hey guys, just change the sl to 0 and then try it, I think this has some true potential.

     

    I compared 4xproject's results to Donna's, and the SL's that 4xproject experienced would have been avoid using Donna's "O" SL version - and vice versa, Donna would not have such great results with the new 100 pip stop loss ( I wonder if she realizes her version has no SL, as she does not warn people of the potential danger during her praise of its performance). Anyway, no SL is something I would not do for obvious reasons. I'm trying Hippo with the SL - minus the JPY pairs. We'll see.

  2. ok, don't know where I got mine but it included a template....on H1 one should be good to go only using the H1 trend...Haven't traded with the indies so far but they seem to give some good entries

     

    Yes, I found the template file. I accidentally overlooked it and threw it in with the indicators. I suppose it could be useful with the additional Site::Lite bar.

  3. Are you waiting until both Megatrends + HA match or do you only look at the trend of the selected timeframe + HA?

     

    I only have the two indicators: HA - attached to my 1 hour chart, and S::L which runs underneath which is also set to 1HR. Usually, the candle produced by HA changes color before the dot of the S::L. When, S:L does confirm the color (usually 1-3 candles - depends, could also change at same time) I enter.

  4. I can program an EA if some1 gives me the exact logic behind the trading of this indi.

    I have been testing it with rules of myself with not much profit (i dont mean I dont trust this indi, i just say the strategy I used was not profitable)

    Any hints?

     

    I think an EA is a great idea. I've been using the two Megatrend indicators provided in this thread and i find them very reliable. I use the 1 hour chart and when a change in candle color by the HEIKIN-ASHI Alert is confirmed by the SITE::LITE indicator I enter a trade. Usually 25 TP with a 15 TS. The success rate is 100%. If you could program an EA so that a trade is opened when these two indicators align, and with a trailing stop option, I think it would be fantastic.

  5. Re: Forex NightFox

     

    Nightfox acts strange on or about the time they release a new version. My feeling is the bot expires and if you don't replace it with a new version it opens up consecutive trades that result in losses. Check out 4xproject's statement around the beginning of December '09. Many losses: trades that occurred before they upgraded their version. I know this because I had a chat with them about it.

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