EA-Trend-H1-V1

The Conditions Trade 1 MA200 trade arrow UP MA2 is below ENV200lower MA2 trade arrow UP place BUY place BUY pending Trade 2 MA200 trade arrow UP MA100 trade arrow UP MA100 below ENV200upper MA2 is below ENV200upper MA2 trade arrow UP place BUY place BUY pending All...

Starting Again – May 12, 2020

After a 30 week hiatus, it’s time to take another run. Not a lot to say yet but I will be looking at my old code. I want to start off trading the daily chart.

USDCHF 2019-06-23

Investing.com, Forex Times on Trading View and FXRenew all call for a SELL on USDCHF. Looking at this pair on an H4 chart we see a huge drop below even the 2% lower line deviation indicating at least some kind of...

GBPUSD 2019-06-23

We will have to see if the recent decline of the USD continues, but for now, we will assume that it will. This week is all about the USD as it is a part of all 7 major pairs. Overall the consensus appears to be that the GBPUSD is a Buy, possibly a short term BUY but a...

The Rules Of The Road

Rules for my robots and money management going forward. the maximum daily risk for $100 account is 5% (reduced for larger accounts) my current risk is a way to high my current strategy waits too long to get into a trade and usually gets in near the top or bottom...

Hedge Fund Update – 2018/08/07

So far I have been running with three signals from traders and one EA that trades on News Events only. I am very pleased with this experiment and have high hopes for this. All traders and EA’s made a profit but risk level varied. I have switched out the worst...

Market Open Times

Local Vancouver Time Sunday 3:00 PM Sydney 4:00 PM Tokyo 11:00 PM Frankfurt Monday 12:00 AM London 05:00 AM New York  

The Foolishness Of BackTesting

Unrealistic Expectations I think backtesting in MT4, the way it is typically done is a big waste of time. We are trying to test the robustness of an EA (or trading Robot) over a very long period of time in all types of market conditions. But this isn’t how we...