Mark120169's easy and free daily system

This is a discussion on Mark120169's easy and free daily system within the Forex Net Trap forums, part of the T2W Archive category; Originally Posted by runningdeer So far my backtesting shows you might be better off having a tp of 100 rather ...

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Old Feb 2, 2012, 7:15pm   #61
 
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Re: Mark120169's easy and free daily system

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Originally Posted by runningdeer View Post
So far my backtesting shows you might be better off having a tp of 100 rather than 200. You'll miss some big moves for sure, but maybe better off over time.
Anyway, even on your settings Mark, it still looks like your about 9% this year. (but would be 18% up with 100 tp)

Stuck in a crappy range ATM. B\e @ 100 is kinda a half way House between 200 tp and 100 tp. Suprised no big 250 pip + movements so far in 2012. I'm sure some will come closer to the Greek refinancing deadline in March.

If still no big movements happen then for sure 100 tp may be better in smaller movement years.

Very busy with day job atm so will do update next week when job ends. But made nice profit for January from 2nd.

M
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Old Feb 2, 2012, 11:30pm   #62
 
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Re: Mark120169's easy and free daily system

Quote:
Originally Posted by mark120169 View Post
Stuck in a crappy range ATM. B\e @ 100 is kinda a half way House between 200 tp and 100 tp. Suprised no big 250 pip + movements so far in 2012. I'm sure some will come closer to the Greek refinancing deadline in March.

If still no big movements happen then for sure 100 tp may be better in smaller movement years.

Very busy with day job atm so will do update next week when job ends. But made nice profit for January from 2nd.

M
Noticed EU rangebound the last week or so - typical the minute you announce the strat, it goes into a sulk!
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Old Feb 3, 2012, 6:15pm   #63
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Re: Mark120169's easy and free daily system

I am sending my backtest results for January: +255 pips
Are my trades similar to other results?
AM
Attached Files
File Type: xls EU_Jan2012.xls (14.5 KB, 128 views)
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Old Feb 3, 2012, 6:41pm   #64
Joined Dec 2010
Re: Mark120169's easy and free daily system

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Originally Posted by antonio2010 View Post
I am sending my backtest results for January: +255 pips
Are my trades similar to other results?
AM
I've uploaded your spreadsheet with my backtested results added for Jan and have included results based on 200 tp and 100 tp. Their slightly different. At 200 tp +291; at 100 tp +538

Was a double stop out today. Perils of NFP trading!
Attached Files
File Type: xls EU_Jan2012.xls (29.0 KB, 126 views)

Last edited by runningdeer; Feb 3, 2012 at 6:51pm.
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Old Feb 8, 2012, 1:26pm   #65
Joined Jun 2006
Re: Mark120169's easy and free daily system

Hi.

I've started running this on Demo over the last few days, and seek some clarification regarding the EJ trade pair on Feb 7th, please.

Firstly, I understand that the EA was written for News Trading, which is a system I did not examine, so I may be missing some points obvious to those who have been following it.

My main question is will there be a pair of trades every day or will there be exceptions?

The reason I ask is that having restarted MT4 about 10:50 after an update which rebooted my machine, I loaded the EA's as normal but no trade was entered as a pending order for EJ.

The EA was loaded successfully and initialised according to the Journal and Experts logs, but nothing seemed to happen and there were no error messages. I could see no difference between the EJ chart and the EU one

If this isn't supposed to happen and occurs again, I'd be grateful if anybody can please suggest a way to enter a trade which can be linked retrospectively to the EA, thanks.

h5n1
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