Simple 30 Min System!

[BrianSNJ]

Originally Posted by yoni45

Here you go, this should fix it... =)

Nice. thanks big time to MT and Yoni. I will try to play with this on Monday or Tuesday.

[vidal]

Originally Posted by yoni45

Here you go, this should fix it... =)

Thank you very much!

[hayden]

what are the best settings for return, using the system tester in MT im not getting very good results with the default settings nor ones i modif ??

[mtandk0614]

Hayden,
Could I get some specific numbers from you?
Also, what are you goals with a trading system?
I see this system making 1-5 trades a week with approx. 70% win ratio.
The Default settings have the winning trades making 40 pips w/ the losing trades at a loss of 30 pips. Using a trading system like this does not target a person who is looking at trading $1 pips and making a living off of Forex, I believe this system will end up making about 20-100 pips per week, so at that point the trader will have to look at their money management and determine what type of risk level they would like.

My personal money management works like this:
Balance * 3% = X
X / StopLoss = Lot Sizes.
So………………………….w/ a balance of $2000(USD) and a stop loss of 30 as this is set up for right now it would look like this.
$2000 * 3% = $60
$60 / 30 = $2 per pip.

If this does not help please restate the question and I will see what I can do. 

[hayden]

here is report, i can barely break even ???

[BrianSNJ]

Originally Posted by hayden

here is report, i can barely break even ???

Yikes. I see that. I think this is a system where you have to use judgment. Is it too much against the trend? Has the market been weak? What time frames are best and worst?

Personally, I only see this system being good for about 1 hour before the London (2am-3am EST) opening and going until 11am EST.

I spoke with Martin on this and he said that time frame was the right one.

Maybe all tests should be focused on/limited to that time frame for now?

[Bon Vivant]

Hey Polishpip! thanks a lot for sharing your system, I haven't seen you posting in a long time, hope everything is OK.

Greetings from sunny Miami.

[BrianSNJ]

He has been busy. Just like me, I have been slammed with work. Hopefully he will get back to playing and tweaking his systems soon.

[pipdemix]

Hello Martin.

My name is Pierre, I have been trading for just over a year as well. I use a similar strategy, slightly different EMA (8,3) and MACD (12,8,9) settings, but effectively for the same purpose. I also use slow stochs as a precursor to MACD (SS crosses then MACD crosses + the other steps in the strategy). Do you use SS in your everyday strategy? Thankyou for posting your ideas. Best of luck,

Pipdemix.

[olpo]

Hi There,


I have backtested this system, and it's cool really.
My problem is that it can only execute 1 currency pair at a time eventhough indicators are met with the other currency pairs. I want to execute this simultaneously on different pairs.
I tried to modify the OrdersTotal<1 to a value more than 1 (e.g OrdersTotal<3..) but it only duplicates the current open pair.

Help pls! I don't know much about programming.

Thanks & regards to everyone.

Olpo