Page 7 of 11 FirstFirst ... 56789 ... LastLast
Results 61 to 70 of 108
  41 41 Attachment(s)    

Thread: LMT Forex Formula

  1. #61
    Member
    Join Date
    Jan 2009
    Location
    Switzerland
    Posts
    74

    Default

    Quote Originally Posted by ninichingyi View Post
    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.
    I think there isn't any indicator giving an indication about this. But if the price is going up to a certain pip level above/below watermarks, we could use a progression schema (cost averaging, or even martingale to speed up the closing of the trades.

  2. #62

    Default offhours ea

    Quote Originally Posted by Rolf View Post
    I think there isn't any indicator giving an indication about this. But if the price is going up to a certain pip level above/below watermarks, we could use a progression schema (cost averaging, or even martingale to speed up the closing of the trades.
    Hi Rolf
    attached today trading, as u can see before to sell price went above about 10 pips, maybe u r right to use progression schema, s/l was 17 pips
    maybe after i close trading could be opened another long but this night i prefer to sleep.
    br
    giovanni
    Attached Images Attached Images LMT Forex Formula-offhour16072009-jpg 

  3. #63

    Default lmt

    Quote Originally Posted by wannaberich View Post
    Rolf

    This latest version is working very well in my backtets, much more profitable than the previous version, probably has to do with the added ADX filter and some bug fixes, anyhow great work once again
    Hi wannaberich
    i'm testing lmt, i also bought lmt method, and i noted many time lmt ea give some signals that r not confirmed by lmt method and more i cannot understand why ea open 2 lots and t/p is always the same.
    which r u best settings.
    br
    giovanni

  4. #64
    Member
    Join Date
    Jan 2009
    Location
    Switzerland
    Posts
    74

    Default

    Quote Originally Posted by ninichingyi View Post
    Hi wannaberich
    i'm testing lmt, i also bought lmt method, and i noted many time lmt ea give some signals that r not confirmed by lmt method and more i cannot understand why ea open 2 lots and t/p is always the same.
    which r u best settings.
    br
    giovanni
    hi giovanni
    If you use the entry method according to LMT (see settings), there should not be any entry which is not confirmed by LMT method, so you should check your settings. Two lots are created with one without TP (!), while the first closed after TP, the second runs with the trend. You should consult the PDF for v1.0. You also can post or mail your settings plus the trade history so I will have a look next week.
    Rolf

  5. #65

    Default lmt

    Quote Originally Posted by Rolf View Post
    hi giovanni
    If you use the entry method according to LMT (see settings), there should not be any entry which is not confirmed by LMT method, so you should check your settings. Two lots are created with one without TP (!), while the first closed after TP, the second runs with the trend. You should consult the PDF for v1.0. You also can post or mail your settings plus the trade history so I will have a look next week.
    Rolf
    Hi Rolf thx i'll post my settings on sunday, if u need manual of lmt method sold by dean saunders?
    attached i give to u and other members a method i bought

    it works really and each time profit, i use only w gpbusd, ia not less than 100 pips
    maybe u can do ea...so we can skip to stay on pc a lot of time
    hope u will like it
    br giovanni

  6. #66

    Default proofx

    Quote Originally Posted by Rolf View Post
    hi giovanni
    If you use the entry method according to LMT (see settings), there should not be any entry which is not confirmed by LMT method, so you should check your settings. Two lots are created with one without TP (!), while the first closed after TP, the second runs with the trend. You should consult the PDF for v1.0. You also can post or mail your settings plus the trade history so I will have a look next week.
    Rolf
    Hi Rolf
    attached today trading on gbpusd about 137 pips just as u can see it started yesterday (gray arrow) and if u wanna catch signal must be on pc all the time
    Attached Images Attached Images LMT Forex Formula-proofx17072009-jpg 

  7. #67

    Default lmt

    Quote Originally Posted by Rolf View Post
    hi giovanni
    If you use the entry method according to LMT (see settings), there should not be any entry which is not confirmed by LMT method, so you should check your settings. Two lots are created with one without TP (!), while the first closed after TP, the second runs with the trend. You should consult the PDF for v1.0. You also can post or mail your settings plus the trade history so I will have a look next week.
    Rolf
    Hi Rolf attached my settings for eurusd h4 and i tested also gpdusd (lmt true ma false) and upyusd h4(lmt false ma true) till now i'm using it live w ibfx and 0.01 lot and got lost only on eurusd w attached settings for other 2 pairs till now everything is fine except 2 lots w same t/p
    Attached Files Attached Files

  8. #68
    Member
    Join Date
    Jan 2009
    Location
    Switzerland
    Posts
    74

    Default

    giovanni
    you should not use LMT EA live so far, at least until the recently mentioned bugs are fixed. It is still in development mode. I have the LMT manual, so I coded everything according to LMT. I will check next week and give you a feedback

    rolf

  9. #69
    Member
    Join Date
    Jan 2009
    Location
    Switzerland
    Posts
    74

    Default

    Quote Originally Posted by ninichingyi View Post
    Hi Rolf attached my settings for eurusd h4 and i tested also gpdusd (lmt true ma false) and upyusd h4(lmt false ma true) till now i'm using it live w ibfx and 0.01 lot and got lost only on eurusd w attached settings for other 2 pairs till now everything is fine except 2 lots w same t/p
    Hi Giovanni
    after seeing through the settings for LMT you should set EntryTriggerMethod=1. I think I have to separate LMT and FxEd (the method based on 4 moving averages into 2 different EAs). This explains why you get false signals. I neither recommend H4 but D1 timeframe, as trend signals are more stable on daily charts.

    A question to ProFX (you probably should not post systems which have to be purchased in public forums): do you consider ProFX as better than LMT in trading it manually? If yes, which did you purchased LMT as well?

    Rolf

  10. #70

    Default

    Quote Originally Posted by Rolf View Post
    Hi Giovanni
    after seeing through the settings for LMT you should set EntryTriggerMethod=1. I think I have to separate LMT and FxEd (the method based on 4 moving averages into 2 different EAs). This explains why you get false signals. I neither recommend H4 but D1 timeframe, as trend signals are more stable on daily charts.

    A question to ProFX (you probably should not post systems which have to be purchased in public forums): do you consider ProFX as better than LMT in trading it manually? If yes, which did you purchased LMT as well?

    Rolf
    i'm sorry if made mistake to post on pubblic forum, they work on different timeframes are totally different and i bought before lmt and then proofx
    soory again
    anyway i'd like to know ur idea about proofx

Similar Threads

  1. Replies: 0
    Last Post: 08-05-2015, 05:05
  2. Free Forex Trading Strategies Daily from Asia Forex Mentor
    By asiaforexmentor in forum Trading discussion
    Replies: 5
    Last Post: 02-22-2011, 11:38

Tags for this Thread

100, advisor, adx, analysis, auto trader, autotrade, backtest, backtesting, bonus, breakout, broker, brokers, candle, candlestick, change, channel, closing, crossover, demo, eas, eur, eur/usd, eurjpy, eurusd, ex4, expert, expert advisor, forex, free, gbpjpy, gbpusd, guide, high, how to, index, indicator, indicators, intraday, live, low, macd, magic, main, managed, manual, manual trading, manual trading system, martingale, metatrader, news, profit, profitable, rating, real, resistance, robot, short term, signal, signals, stop, strategy, study, support, system, systems, test, time, tool, trader, trading, trading system, trailing, trend, usd, video

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •