Recent content by mark_wilson

  1. M

    ForexMorningTrade System

    Oh so many thought police.... Telling us which thoughts can be expressed on which threads. Why not we do this; if a post doesn't interest you, move to the next one. Only problem is, each thought policeman has his own ideas which thoughts can be expressed on which threads. Am I an interloper...
  2. M

    ForexMorningTrade System

    What's it going to take to put this to bed? Is anyone progressing as a trader as we expand on ideas to increase profitability? Can logic be copyrighted? If the fast moving average is under the slow moving average, and the stochastic is above the 70 level, and the EA takes a short, can that be...
  3. M

    ForexMorningTrade System

    Hittfeld, The platforms I have it on are FXDD and FXOpen, both (currently) +2 brokers. During daylight savings they are +3. In my FMT I'm using: TradingHour=15 TradingMinute=45 So as I understand it, the bot decides at the conclusion of the 15:30 bar whether conditions permit the trade at...
  4. M

    ForexMorningTrade System

    Hi Juanche, See page 506, post 4041 for the settings that created that equity graph on the USDCHF. Today, it moved 10 pips, quickly came back to get me out at breakeven, then moved 53 pips which would have given us 50 pips had it not been for the aggressive trailing stop. There hasn't been...
  5. M

    ForexMorningTrade System

    I agree! I'm a fan of small drawdown (who isn't???). Don't have the stomach for anything else! It's why the martingales don't do it for me.
  6. M

    ForexMorningTrade System

    Now, to muddy things up more: USDCHF short at .9951 Well, so much for the 1st live trade on the USDCHF. Moved 10 pips and came right back to my Break Even setting. I live to fight another day! update: Moved to a low of .9898, 53 pips. TakeProfit was 50 pips. That's okay, for me, tight...
  7. M

    ForexMorningTrade System

    Good points Hittfeld. Also, Deatil's earlier post was insightful. I recently tried a month's worth of SolomonFX for $10. They nightly emailed a trade which was almost ALWAYS identical to the one FMT takes. They didn't call it that, but night after night it was almost identical, within a few...
  8. M

    ForexMorningTrade System

    Excellent Travis! More than 3 times the profit over the same period. Do you recall profit factor and drawdown? Slow, steady growth with compounding is what I desire. And what do you think of trading it based on that back test? It would have been a winner yesterday.
  9. M

    ForexMorningTrade System

    Which one would you trade? A or B? Both are the EURUSD. Criteria are the same on both EXCEPT time of day to trade. A is traded at 0830. B is traded at 2115. A, 1.35 profit factor, 8.14 relative DD B, 2.08 profit factor, 5.78 relative DD Am I chasing a red herring here?
  10. M

    ForexMorningTrade System

    Tk, or anyone else for that matter, care to comment on this possibility? USDCHF TradingHour=15 TradingMinute=45 StopLossPips=75 ProfitTargetPips=50 BreakEvenAtPipProfit=10 TrailingStopPips=50 The backtest was run on FXDD, 1/1/10 through 11/23/10. Profit factor 2.13, maximal drawdown 4.43%...
  11. M

    ForexMorningTrade System

    Tk, I don't mean to detract from what your extended version does but can you explain the benefit of running yours versus having several occurrences of FMT running (each with a different magic number) at 15 minute intervals over the same 2.5 hour time frame? Or, maybe not quite that aggressive...
  12. M

    ForexMorningTrade System

    Okay, thanks Deatil.
  13. M

    ForexMorningTrade System

    Pursuant to the manual; "...our trading time is 5:30am GMT time." And, "For indicator values, you should check the chart at a close of 5:15am candle at 5:30am." I know there are various tweaks, but it appears to me that the entry we're talking about was a few bars late if being strictly based...
  14. M

    ForexMorningTrade System

    Are you sure you should have been in that trade? The entry is at 0530 GMT (non-extended version). Signal being based on the 0515 bar. As an example, with the recent daylight savings time change, FXDD went from being +3 GMT to +2. So for some brokers you would have recently changed the start...
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