Nanningbob 60x90 EA (Nanningbob 60x90 EA) - MT4/MT5 Resources

EAcpu | 2 reads | 0 comments | 2026-05-03

This EA is developed around multiple trading theories.
1. Dark Star has a great post about what Forex actually is, you can find it here: http://www.forexfactory.com/showthread.php?t=7484
Since Forex is primarily designed for businesses, banks, and governments to exchange currency in large quantities, it doesn't behave consistently. At any time or place, someone, a bank, a government, a business can exchange large amounts of currency, regardless of fundamentals or indicators or any combination of the two. Every system ever developed can be broken by these exchanges, thereby defeating any strategy. My conclusion is that you can research everything you can find about Forex trading, but when GM cashes a billion dollar check for selling County X trucks, there is no system that can cover those events. To deal with these situations, I developed a theory of trading currency ranges rather than specific entry and exit points. A currency can only move a maximum of X points in a day. Develop a system that stays within this range and stay away from super news stories, such as the $700 billion bailout and interest rate announcements, and you can successfully trade Forex on a regular basis.
2. Which brings me to my second point, I'm not the only one who does this, I just don't post it in 99.5% of forums, sales pitches, etc. Please read this article, it clearly explains my trading philosophy and how it works. This EA attempts to trade according to this concept.
http://www.sfomag.com/article.aspx?ID=598&issueID=35
Attached to this article is my EA and instruction manual. I will continue to show this system and some of my real-time results in upcoming posts.
3. Added new material on how to use recovery EAs and the six rules for using them. Page 8 Post # 106-110
4. Based on testing, it is recommended that the only currency pair on the 5M chart that can be traded continuously without hitting stops regularly is GBP/USD. Both GBP/CHF and EUR/GBP have been damaging the system. This is exactly how the current fundamental trend in sterling is behaving. GBP/JPY has performed well, as has EUR/NZD, but has come close several times. If you use these live trades, be more conservative and follow news reports closely. Maybe if you didn't trade the US session with them you could still do fine. This is what I do with my real account. Anyway enjoy.
5. Page 61 #915 has an important note about demos and live trading.
6. Very important lesson learned posted in POST #1459 on page 98 (Avoid interest rate news coverage.)
7. This is the EA upgraded version 180x100. I used it live at the IBFX competition in April 2009 and it performed very well. The winning rate is 78%. It is set up for 4-digit brokers. I will attach the 5 digit version soon.
8. I've added a 5-digit version that works in backtesting, but I haven't done live trading or a live demo yet. I just changed the numbers in it so it should work for a 5 digit broker.
9. If you have a dime broker instead of a penny broker, you may need to change your lot number from 0.01 to 0.10 to work with some brokers.
10. I removed 180x200 and replaced it with 180x100 using 20 MA. I find this works better. I released for both 4-bit and 5-bit systems. However, 5-bit systems do not have profile folders. Some instructions can be found on page 12. 145 post 2167 Notes on the 5-digit system.
11. P 141 and the following pages we start discussing 242 recovery systems. This is very valuable for getting out of difficult situations. On page 143 I talk about the difference between 242 system and recovery EA. Also read post #2417 p. 162
12. P.154 post #2310 I gave a more detailed explanation of 180x100
13. P 155 post #2314 I give more explanation on my trading theory and why inflation may not mean dollar depreciation. Maybe I'm wrong, but that's what I'm thinking at the moment.
14. P 157 Posts #2353 to 2355 teach you how to write BB EA programs and use my trading system. It also teaches how to change the EA from a 4-digit system to a 5-digit system.
15. p. 159 post #2373 I explain the best currency pairs for trading to beginners of the system.
16 pages. 161 post #2407 I present the results of 4 months of live testing. Which pairs performed well, which pairs did not perform well, and which pairs I will no longer test on a real account.
17. I updated the 180x100 to include the volatile pair of the 200x200 and updated its brochure. I still have a 40MA BB. They are available in both 4D and 5D versions. I have also included the indicators that come with them and instructions on how to put them into MT4, I will be removing the previous version after the weekend.
18. I updated the 5Digit broker for 60x90. This folder is available in 3L and 4L versions.

22. Page 189 Article #2821 Why the interest rate story is so dangerous for trading and trading systems.