Expert advisors/ Automated forex trading

[econophysicist]

stats published in the following new ftp service:
http://www.mt4i.com/users/econophysicist

provides more detailed analyses, presented in "Stats" section...


turned a +40 pips gain to a -103 pips loss on long usdcad; did not expect the crude oil spike yesterday

[harley]

hey post your trading strategy din may learnings naman
keep it goin, lurker lang here.

[econophysicist]

hi harley,

thanks for your interest. i do hope my portfolio will start breaking out of the range soon.
my entry/exit strategy is as follows:

long entry (buy):
* stoch (8,3,3): stoch line is above the signal line
* obv rising
* ema (13) of price is above PSAR

short entry (sell):
* stoch (8,3,3): stoch line is below signal line
* obv falling
* ema (13) of price is below PSAR

exit positions when signal of the opposite direction appears

of course, an important supplement to the strategy is the inclusion of stop loss and take profit levels, which are calculated from the ATR volatility.

[econophysicist]

sold usdcad 1.1059 to 1.1036 for 23 pips gain

[econophysicist]

currently modifying EA to employ hidden stop loss and take profit... been paranoid about how brokers (market makers in particular) are known to hunt stops even at non-news time. hehe, praning!!

also trying to incorporate a truncated martingale strategy after every loss trade... riskier but worth a try

my equity curve has been in a trading range for almost 2 months now... growing impatient about it

[econophysicist]

short usdjpy closed: +100 pips

happy weekend!

[washer31]

Guys, if you want to test any exisiting EA in the internet you can you to the ff sites to download for free:

http://www.beatsforex.com/html/fx_robots.html

http://beatsforex.shopperslinks.biz/Fre ... A%205.html

[econophysicist]

washer31,

thanks for the links. i will test my EA on those sites.

trades today:
1) buy gbpusd 1.5969 --> 1.6205
2) buy gbpusd 1.5896 --> 1.5927

[washer31]

hi harley,

thanks for your interest. i do hope my portfolio will start breaking out of the range soon.
my entry/exit strategy is as follows:

long entry (buy):
* stoch (8,3,3): stoch line is above the signal line
* obv rising
* ema (13) of price is above PSAR

short entry (sell):
* stoch (8,3,3): stoch line is below signal line
* obv falling
* ema (13) of price is below PSAR

exit positions when signal of the opposite direction appears

of course, an important supplement to the strategy is the inclusion of stop loss and take profit levels, which are calculated from the ATR volatility.

what is the time frame you are using