A few pages back greensky mentioned GBPNZD and I thought had noticed others but, I could easily be mistaken. Currently only SOME of the *.JPY pairs. At the moment EJ, AJ, NZJ are incorrect. Other open jpy pairs are correct.
After corresponance with James on my Friday eve, I am going to move the accounts from an XP Pro Sony Viao to a Win 7 Ultimate 64 bit machine for Monday and see if this produces any change. James is currently convinced it is gremlins in my Sony Viao laptop.
I have continued to run 24c for comparisons sake but am content to let that go now. That will allow me to run some accounts on an XP PC which seems to have done everything “right” for some years.
Interesting, just for reference my machine running v27c and previous EA’s is the same as yours (Win 7 Ultimate 64bit, Viglen Genie, dedicated for demo trading only).
Let me know what pairs your running and i can add them to my account so we can compare results and see if we are both getting the same ?
Just for the record with v27c, i got about + 18 pips for today including open trades, so the EA is better than before which is a good thing.
Perhaps we should first identify which pairs the EA is screwing up on, if we can identify a list of pairs the EA is screwing up on then we can look more closely at trades from those pairs, cross-compare between what the community gets and what were seeing to see if there is something in the EA, on our PC’s or the broker’s side which is causing it?
I was following this in the past - before the EA was created. Got back to it early this week. Thought I would put my demo up for fun.
The 24th and 25th are running 27c. Previous to that was 27b - Not sure if I caught the trend at the right time, but 27c seems to be much better performing.
Account is at Oanda.
FYI - I have been closing the trades near the end of the NY session manually.
OK - I need 5 posts before I can add the link to myfxbook stats. 4 to go
Hi David - I am running all available crosses of the 8 majors except CHFEUD or is it EUDCHF. Can never remember that. Not all crosses are available on all brokers so it varies a little from broker to broker. Did you have a look at performance on my link ? Up about 3500 pips YTD.
Hey all, back from my vacation and glad to see things are still progressing with the whicked wicks EA. Great job James, keep up the hard and tedious work! I think I’m still running 27a but if you look at my fxjunction page it’s performing really well, almost at par with my manual trades (only difference is I have multiple trades manually compared to single trades by the EA, BUT I have the EA running on more pairs!)
It looks like the long EURUSD trade is still going strong, as is the short GBPUSD. I’m up 30%, or +981 pips, which is equal to $1,154.02 since I switched over to 27a. Not a lot to live off of, but let the profits run and you’ll see how much coin can be made! https://www.fxjunction.com/profile/windsorftw/A/trades
I’m also up 31% on my manual trades, or +825 pips. Unfortunately I missed quite a few nice trades last week, USDCAD and a few more entries in the EURUSD trend. Ohwell, was worth a nice family vacation!
Hopefully either the EURUSD or the GBPUSD trades will continue their push and this will show the power of this strategy and how extremely profitable it can be…and EASY!
Forgot to tell people what I was working on with regards to this method. I was experimenting with heiken ashi candles as filter. I didn’t test it long but it kept me out of 1 losing trade.
Say you have a bullish bar. You then switch to heiken ashi real quick to check momentum. If you get a bearish bar with no wick on top, you don’t enter the trade. Was pretty simple.
sandybeach,
On the 4 hour timeframe do you use a 4h ema50 or a daily ema50 and then use the 4h candles for entry and exit? I’m thinking about making the EA multi time frame and was wondering how you are doing it on the 4h.
I really like the strategy and EA. Thanks to windsorftw, babypipsjbentz and sandybeach and everyone else for all your hard work putting together a great thread. I’m going to try a forward test daily on Alpari UK on AWS.
Welcome back Wigglez!
Thanks for the suggestion, I’m going to look into it and hopefully that little extra filter is what we need to stay out of the losers and get in on the winners
Yesterday I looked back through the charts a bit. It seemed like if you were playing off a bull candle, and heiken ashi shows the momentum is down, at least with regards to how I was trading it. Your entry price wouldn’t have been hit anyway.
Still, a small little filter like that could have saved me the time and effort it takes in figuring out lots, entering the pending order, setting the stop loss, take profit and the break even EA. I’m all for the most profit and least amount of work in obtaining said profit!
I’ll start looking at it when I get home to see how it reacts with the manual trades.
Well, it looks like EURUSD is starting it’s push up again after ranging for a few days. That’s great news for this strategy.
I have two opened EURUSD trades, sitting at +434 pips and +165 pips. It also looks like GBPUSD has hit a support line as it’s downward move has stalled and am sitting at +166 and +165 on two open trades.
My first EURUSD trade is close to hitting that 500% Fib mark and guaranteeing me some nice returns. I’ll add a screen shot of the original trade as soon as I get home.