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[REQ] Need Help Creating EA to manage Optimus Prime trade


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Roels, what is the performance this month? I haven't examined the system very much. Perhaps it needs an extra filter or rule?

 

Trying some contest demo on FBS....start on 22/11/2010

Account number : 145943

Investor password : e2rc7wf3h

 

I will count from 1 Nov 2010....I just have first week data...and after was busy to establish the rule...

Wait for my report...Your wellcome to add extra filter...

"You Ain't Seen Nothing Yet!".
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This is the report.....support resistance lines and area and form of the channel are very important determinants....

(Data taken from FBS Broker)

TP 100 pips SL 40 pips

 

1 Nov 2010 (40) pips

2 Nov 2010 50 pips

3 Nov 2010 100 pips

4 Nov 2010 100 pips

5 Nov 2010 (40) pips

8 Nov 2010 (40) pips Triangle Mode

9 Nov 2010 25 pips Triangle mode

10 Nov 2010 50 pips

11 Nov 2010 No trade (within 9 hours trade no signal)

12 Nov 2010 50 pips

15 Nov 2010 (40) pips

16 Nov 2010 100 pips

17 Nov 2010 25 pips

18 Nov 2010 50 pips

19 Nov 2010 50 pips

 

Use a lot of variables and dynamic SL.....

22 Nov (30) pips

23 Nov.......Technical problems

24 Nov 25 pips

25 Nov (25) pips Triangle mode

 

http://i600.photobucket.com/albums/tt90/RoelsMajor/NewPicture1-17.jpg

 

Legend :

RR Reward-Risk Ratio

P/L Profit/Loss

LOP Maximum Available Profit during lifetime of trade

LOL Maximum Available Loss during lifetime of trade

TL Trade Length H:M Hours:Minutes

 

Starting Acc Size : $9,999

Leverage 1 :100

Position size round to one point decimal

Position size 3% Account Size

 

Total Performance (Hypothethic) per month :

August 2010 (+/-) 700 pips

September 2010 (+/-) 500 pips

October 2010 (+/-) 700 pips

November 2010 (+/-) 400 pips so far...

Edited by Roels Major
"You Ain't Seen Nothing Yet!".
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Calculate Gain

Account size : $10,000 3 % size position no coumpond

If 700 pips like August for start

Leverage 1 : 500 $15 x 700 pips = $10,500 (105% gain)

Leverage 1 : 100 $ 3 x 700 pips = $2,100 (21% gain)

 

The Actual Results will be hugely different if we use coumpounding method...

Ohoooooo....I lose My head....

"You Ain't Seen Nothing Yet!".
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70 pips yesterday....but the trade not yet closed...cause some technical difficulty again!!

 

http://i600.photobucket.com/albums/tt90/RoelsMajor/NewPicture-53.jpg

 

NB : It is not pure breakout....but it works and fit to strategy rule....

Edited by Roels Major
"You Ain't Seen Nothing Yet!".
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@Roels Major: Could you please upload a better picture of your screen? I hardly cannot see the lines and indicators!?

 

And please correct me but your EA is an trade manager for money management? Right? You use it after you have entered the trade manually?

 

OK..I'll try...but it is so wise too if u use a llarger screen resolution...he..he..

My EA just tool to help me place the trade and manage profit by trailing stop....I never use money management filter on this EA.... I just input my lot and direction of the trade with TP and SL manually....this EA can help u to place the trade...or just after you open the trade and let the trailing sl feature begin to manage your trade....please refer back to post #1.....

"You Ain't Seen Nothing Yet!".
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Something else I wonder if you can help me with the setting of paramount indicator.

Green area should be from 00:00 - 08:00 GMT or 00:00 - 09:00 GMT? Or like in the original manual 00:00 - 06:00 IBFX (GMT+3)?

London Open would be 08:00 GMT right?

Why do you care of Daily Average High Low?

 

You can use the forex market tools to define the time...so the paramount zone range from 00.00 GMT or daily market open and over when London open..

You can check here : http://www.forexsignallive.com/free_forex_resources.php

 

We should care of DA today and must compare to yesterday DA cause it simply the range pips that you can gain...very rare chance to get "black swan ones", remember that in this method we just open one trade a day....and just one direction...

 

Hope this help

Edited by Roels Major
"You Ain't Seen Nothing Yet!".
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