My plan for next week:
Keep it easy and learn from it.
All setups on H4 timeframe.
XM Acc set file:
https://www.nigeriaforextrading.com/...4788401692.txt
Pepperstone Acc set file:
https://www.nigeriaforextrading.com/...1286537468.txt
Risk exposure on Pepperstone Acc as follows:
If everything potential could fail, this is what I'm prepared to loose.
Banking Holiday for CAD USD and JPY.
Not a fantastic day for trading today.
My EA's will be running, but I do not anticipate any major motions for today.
Decided to check SafetyNet EA with a few extreme settings.
Opened up a demo account with just $200.00
Installation files:
https://www.nigeriaforextrading.com/...8216495101.txt
Risk Alloion is Aggressive.
Max Draw Down is 23.99%
On the Automated Entrance option, that is part of this one EA, I have to do a lot of testing.
Here is a listing of all the different alternatives, currently I just appear at swing trading and trend trading.
1 Manual Trades
2 Interior Bars
3 Sandwich Bars
4 Bbands (M1, M5, M15, M30, H1)
5 Bbands (M1, M5, M15, M30, H1, H4)
6 Bbands (M1, M5, M15, M30, H1, H4, D1)
7 Bbands (M1, M5, M15, M30, H1, H4, D1, W1)
8 The Zone (Bill Willi)
9 Daily Breakouts (At bar closure)
10 Fractal Breakouts (At bar closure)
11 Heiken i Bars
12 Heiken i Smoothed
13 Reversal Fractals Indior
14 Ichimoku Kumo Breakouts
15 Lopez Trend Indior
16 Day Trading Indior
17 Harmonics Indior
18 Swing Trading Indior (Swings)
19 Trend Trading Indior (All Signals)
20 Lopez Impulse Indior
21 Dual Top / Bottom
22 Triple Top / Bottom
23 Shoulder Head Shoulder
24 1-2-3 Pattern
25 Wedges
26 Pennants
27 Wedges Pennants
28 Trading Indior
29 Buy Consistently
30 Sell Consistently
31 Random Trade
32 Custom Indior (Read the manual!)
Currently my Demo Acc is in recovery mode.
Another hour and a half before FOMC meeting minutes.
Can't await the outcomes, good or bad.
On Demo Acc. testing EURUSD on M1.
Already executed all accessible hedge's
have to visit Break Even at 1.18659
using Dynamic (close transaction by trade), not certain what to anticipate.
Worse case scenario, I loose $47.98 from a initial $200.00
I need to get some sleep, will probably be taking a look at the results somewhere tomorrow.
Decided to alter EA settings on demonion acc.
M1 time period I change to M5
Retrieval zone of 10 pips is to tight, alter it to 20 pips.
I also altered the automatic entry alternative from trend trading indior into Lopez Trend Indior
For now I'm Very impressed:
New settings:
https://www.nigeriaforextrading.com/...2143021773.txt
Screen shot of Risk Alloion:
Risk 8.02 percent on ?$200.00 acc. = $16.04
New setting for demo acc:
https://www.nigeriaforextrading.com/...6875941337.txt
Reduced time frames does not care about market action.
Meaning that trend trading egies isn't really effective.
Decided to try Reversal Fractals indior for entrance.
Decided to bring some additional protection:
I have added Multi-purpose commerce supervisor EA - https://www.nigeriaforextrading.com/...nt-indior.html
Just likely to use two attributes on this EA
1) Global order closing for profit = $2
two) Shirt protection = $1
My XM nanno account is a very small account, only $30 plus.
In the exchange explorer it seems a lot more, because of bonuses.
Multi-purpose trade supervisor EA set file for XM account.
Https://www.nigeriaforextrading.com/...1897339340.txt
Just a new egy to handle my risk
Lets see how it goes.
Consistently evolving, infinitely challenging and plenty of intuition fees to be payed.
Multi-purpose commerce manager EA does not appear to be functioning:
Using PZ_Equity Guard - Working like a charm and it retain my profitable trades available.
New Settings for XM Account:
Change the Automated Entry alternative to Inside Bar On a Daily timeframe
Plus I change the Pz_Equity Guard setting to partly close at $1 LOSS and to close all looser transactions at $2 LOSS.
This Account will just trade again at the start of a new daily candle should it break a interior bar.
On my Pepperstone Account I will be moving back to semi-manual trading.
Hi
Not certain if I am permitted or supposed to comment here as its your diary but found that you are analyzing simlar stuf for myself.
I am currently using PZ Averging EA to correct any bad transactions. Super impressed so much, that made me consider the safety net, its pretty much like of the PZ EA in one's advantages as the entry technique can be used by you.
How was October and November with the interior bar on the daily?
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