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Thread: LMT Forex Formula

  1. #51
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    Rolf

    Just letting you know that the money managment part is not working. When i set MM to true it keeps the lot size at 0.01 no matter what balance i use and risk factro. If i set it to false then it uses the lot size selected.

    So not sure could you take a look at it

  2. #52
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    Default 2nd position SL

    I have been demoing this for a while vesion 1 and now 1.1.

    I think when you have 2 positions open after the 1st position has hit its TP, the 2nd position should break even. At preset the EA 1.1 is not doing this, or is there an option for this?

    Thanks for you hardwork on this EA keep it up.

  3. #53

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    Quote Originally Posted by wannaberich View Post
    Rolf

    Just letting you know that the money managment part is not working. When i set MM to true it keeps the lot size at 0.01 no matter what balance i use and risk factro. If i set it to false then it uses the lot size selected.

    So not sure could you take a look at it
    Yep, I'm getting that as well.

  4. #54
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    I have told him about it and when he gets back from holidays he will fix it for us all

    Quote Originally Posted by Neo-Rio View Post
    Yep, I'm getting that as well.

  5. #55
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    Correct and thanks for the feedback. I will resume my work next monday, so I only check my mails occasionally and enjoy my vacation

  6. #56
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    Quote Originally Posted by Neo-Rio View Post
    Just curious how the trade gets closed Rolf...

    In stage one: (Before moving the SL to break even), does the trade close in a loss when it hits the inital stop loss, or when the trade goes over the red MA line?

    I'm not sure which one is better to use BEFORE the break even gets moved..... There must be some way to dodge many unnecessary losses.
    Neo-Rio
    basically, the trade is closed on the settings for trailing stop. This can be the the crossing of the MA line or the MA line minus ATR/2; however if the initial stop loss is hit first this probably is first. I will make some analysis next week to check which one is better for the initial phase of a trade.

    Rolf

  7. #57

    Default new ea

    Quote Originally Posted by Rolf View Post
    Neo-Rio
    basically, the trade is closed on the settings for trailing stop. This can be the the crossing of the MA line or the MA line minus ATR/2; however if the initial stop loss is hit first this probably is first. I will make some analysis next week to check which one is better for the initial phase of a trade.

    Rolf
    Hi Rolf this is my 1st msg on this forum and i'm testing ur lmt, i bought also the trading system, and i'd like to share w u and other members another tradig method i hope u will find interesting and do ea for everyone:

    i used "live" one trading method sent bu mail by jason fielder and since 2 months it failed only 2 times.
    rules : eurusd 1h chart wait close of candle at 20,00 gmt (3pm eastern time) and use high and low as watermark then if price will touch high go short and viceversa. stay on the market till 24,00 gmt (7 pm eastern time).Normally t/p will be reached before 22,00 gmt.

    Some tips
    i noted that sometimes price can go lower or higher than watermark maximum for 8 pips then i add one lot. and to trade more safe i used to set ad t/p 70% of the value of channel (maybe we can set inside ea aggressive (full t/p) or conservative 70% of t/p)
    attached some screenshot. hope u can do ea per my experience this method is very profitable.
    attached 2 examples but u can check all other days like 3 july,6july,17 june and more on.
    Attached Images Attached Images LMT Forex Formula-7july-jpg LMT Forex Formula-29june-jpg LMT Forex Formula-offhours-jpg LMT Forex Formula-offhours1-jpg 

  8. #58
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    Quote Originally Posted by ninichingyi View Post
    Hi Rolf this is my 1st msg on this forum and i'm testing ur lmt, i bought also the trading system, and i'd like to share w u and other members another tradig method i hope u will find interesting and do ea for everyone:

    i used "live" one trading method sent bu mail by jason fielder and since 2 months it failed only 2 times.
    rules : eurusd 1h chart wait close of candle at 20,00 gmt (3pm eastern time) and use high and low as watermark then if price will touch high go short and viceversa. stay on the market till 24,00 gmt (7 pm eastern time).Normally t/p will be reached before 22,00 gmt.

    Some tips
    i noted that sometimes price can go lower or higher than watermark maximum for 8 pips then i add one lot. and to trade more safe i used to set ad t/p 70% of the value of channel (maybe we can set inside ea aggressive (full t/p) or conservative 70% of t/p)
    attached some screenshot. hope u can do ea per my experience this method is very profitable.
    attached 2 examples but u can check all other days like 3 july,6july,17 june and more on.
    Hi ninichingyi
    I will have a look at it. Do you have a link to the author's site?

    Rolf

  9. #59

    Default offhours ea

    Quote Originally Posted by Rolf View Post
    Hi ninichingyi
    I will have a look at it. Do you have a link to the author's site?

    Rolf
    Cheat Sheet Download & Bonus Video! | Triad Trading Formula
    u can download pdf cheat sheets here but i suggest also to use that tips i saw during live trading
    thx a lot

  10. #60

    Default offhours ea

    Quote Originally Posted by Rolf View Post
    Hi ninichingyi
    I will have a look at it. Do you have a link to the author's site?

    Rolf
    Hi Rolf attached some examples of live trade i did
    normally t/p should be equal to the channell (high and low of 19 gmt candle that will close at 20gmt) and s/l should be 1:1
    but as i notice a conservative trading is to put t/p at 70% of channel
    instead after u can do ea we can do backtest to check about s/l .infact some times like yesterday price went down below low watermark about 51 pips and only this mng reached t/p. normally this trading should be closed till 24gmt.(attached pix)
    and till now i don't use any indicator maybe we can add some.
    but u can search in the past almost everynight u can use this system
    b.r.
    Attached Images Attached Images LMT Forex Formula-offhour_08072009-jpg LMT Forex Formula-offhour_10072009-jpg LMT Forex Formula-offhour_15072009-jpg 

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