ronald123

Dear Pablo

 

Here is second version.

 

http://[email protected]/file/232750489/80eabbe4/EMAplus2.html

 

Relative to money management I agreed with you but the EA is not in a "shape" appropriate to proceed to that.

 

It is no secret that Money management increases the wins but MM does not increase the number of wins.

Your algorithm is not clear to me.

It sounds good to divide Risk/SL to receive number of used lots but

with your recommendation in a loss trade, the loss of money is the same.

Please think about it.

 

Stop Loss and Take profit parameters in my EA, if it is big, the internal values of EA are used.

I added trailing stop in second version and one more EMA as a Curve to define position of internal Stop Losses.

 

IF you want further talk PM me to exchange ideas.

 

The idea of ELMA is not bad and can increase the wins, possibly i will try it.

In this case we do not have Cobra system anymore.

This system is not fine as it is in my opinion.

 

If somebody would like to help me in testing he can PM me. Of course with mql ability can be better :)

What many traders don't get is this: 'false signals' are not a sign that the system you're using is bad. False signals are in most cases a sign for 'Big Money' at work. They simply push price up or down (price spikes), as to trigger pending orders, kill stop losses and... trigger indicators and/or trading systems into giving 'false signals' (which you'll only find out, AFTER you've opened a trade in the wrong direction. GOTCHA! :-)

Some things you can do in order to survive these dirty tricks: 1. NEVER move your stop loss in any other direction than your entry point! (you can run, or swim, but you can't hide for the 'Sharks' - they'll keep moving in the 'wrong' direction as long as there are people trapped, who are using too big a stop losses, no stop losses or... keep moving their stop loss to avoid getting hit, which opens them up for a big loss or even a margin call; been there, done that). 2. Wait for price to break the high (for a buy) of the candle that closed outside the 12 EMA and 72 SMA. 3. If the candle that closes outside the EMA/SMA is BIG (a potential 'trigger candle' - see above), wait for price to pullback to the 12 EMA, so you can open a very low risk trade, because price will be very close to your stop loss, a few pips below/above the low/high of that 12 EMA trio. Watching support/resistance levels (pivots, fibs, big numbers, etc.) is one more thing you can do to prevent getting tricked by the Big Boys, but don't take this too far, 'cause in the end you'll be setting yourself up for 'traders block' :-) Confidence is one of the qualities of a profitable trader, so, if you get too obsessed with 'false signals'/'market manipulation', that will have a counter productive effect on your trading too... Trade like a robot, but don't get tricked into every false move like them. That's it.

Hope this helps.

Thank you, Kudos for you ;)

 

What the TF and how configure the internal parameter please ?

Error: "The file link that you requested is not valid."

Old(er) threads are loaded with expired or false links... Oh well...

I think cobra doesn't fit to me .....some says it's best scalpers but i don think so

You've said it: it's more about developing yourself into becoming a profitable trader, than about developing or finding a profitable system :-)

That goes for everybody, including me, of course - getting there though...

Cheers

Cheers everyone,

 

Not sure if this what we're looking for, but it is the cobra ea 1.0 from here, I translated word doc which seemed to be manual: http://www.carigold.com/portal/forums/showthread.php?p=6370653

 

do whatever you need to do:

 

http://uploading.com/files/cf3dfmdf/Read.doc/

 

http://uploading.com/files/c1m6274d/cobra.set/

 

http://uploading.com/files/8f484fd4/cobra.gif/

 

http://uploading.com/files/a861887c/cobra.htm/

 

http://uploading.com/files/1af7mdaf/Cobra%2Bver%2B1.0.ex4/

 

http://uploading.com/files/58m644cm/%25D0%2592%25D0%25B8%25D0%25B4%25D0%25B5%25D0%25BE.txt/

 

Glad to be apart of this great forum,

Sam

Error: "OOPS! Looks like file not found."

Old threads are always a pain, because of the expired/false links...

this one also works

 

http://rapidshare.com/files/335634410/ForexCS.rar.html

For late visitors, don't bother: "Error. File not found"

Cheers

Inside manual there is a color page with boxes.

In that page all rules are presented.

EAs rules follow that page...

 

Here is Ver.2 with 2 trailing stops, one for Long and one for short

 

Also, one more EMA (StopEMA) has been added to be used for stoploss

 

http://www.4shared.com/file/232750489/80eabbe4/EMAplus2.html

 

FastEMA 12 is used for trigger, SlowEMA 72 is used for trend and StopEMA 12 for stoploss

For Cobra FastEMA=StopEMA...

I also add ADR parameters.

 

Do not ask me best parameters. I do not know yet...

When following your link, it leads to the '4shared' website, but there one gets the error: "The file link that you requested is not valid."

Thanks anyway.

Hate to throw a spanner in the works, but check this out... It's not good!!!

 

http://www.youtube.com/watch?v=qOJqarBw1sw

Actually, money management is the real spanner in the (trading) works... That and emotional issues (watch a few video's of Mark Douglas on youtube and hopefully then you will start to understand that 'losing' trades are just as normal as winning ones, just as it's normal to be 'wrong' about fifty times out off a hundred when throwing up a coin - a decent trading system should turn the odds in your favor, but most wannabe traders spoil that edge by letting losing trades run and taking out small profits too soon):

http://www.dailyfx.com/forex/fundamental/article/special_report/2013/01/03/forex_analysis_why_do_many_traders_lose_money.html

hope this installs back some hope...

best wishes to all