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NanningBob's 4H Sellhigh BUYLOW

author EAcpu | 2 reads | 0 comments |
Over the years we have developed several trading models that work under specific conditions. Different EAs all perform well if you trade with some street smarts. Our range trading EA functionality is great if you stay away from really big news stories.
Trading currency ranges can be found at: http://www.forexfactory.com/showthread.php?t=150293

My second favorite trading system that I trade live all the time is the Counter Trend Trading System, which can be found at: http://www.forexfactory.com/showthread.php?t=169309

In the process of trying to improve these systems, I finally found a trend trading system that I think actually works. This system contains all the wacky phrases you find in Forex factories. Follow the trend, sell on highs and buy on lows. In fact, we will show you how to do these things and let the EA handle the entry and most of the exits. First I want to thank Swingers for inventing the best trend indicator I have ever seen. He took the idea that we trade in a counter-trend system and came up with an indicator that really comes close to showing when a price reversal occurs. He combined these ideas into an indicator, and as you'll see, it's explosive. I added it to a Trend Trading EA I was trying to get working, TaDa merged several great ideas into one, and... well, that's the theme. Let's trade trends. We know when to enter, when to exit, and when to re-enter. There is a certain degree of accuracy in when to buy on dips and when to sell on highs. So let's get started. Please read all accompanying materials before posting your question. I post my trades every day, just like I do in the 4H trading system, and you'll see the good and the bad. My first week will be with a demo account before going live. I like to double check all indicators and EAs before investing real money. The 5D version is now ready but not tested yet, so please test before using. Especially make sure to use the MPTM EA in the 5D version, I have used the 4D version on a real account at IBFX.
change
Version 3.1
I'm releasing version 3.1 changes in EA and templates. The change was the removal of some lines from the 02 series template, which were removed since there was no TP. In EAs and templates they are also changed from simple MA to LWMA. Some Sales EAs have a value of -3 in their code when it should be +3, so they do not work. I also expanded the entry areas for all EAs from 3 to 5. Templates have also been added for MPTM templates that were not in the original version. This update is called version 3.1 and should replace all 3.0 versions. I removed the mptm template as a newer version is now available.

Only for EA version 3.2
Make sure the Magic Number is the same as the EA number. Add +10 to the entry line The price must be 10 pips above the entry line to enter. Stop loss changed from 30 to 50. There are fewer trades, but there are also far fewer stops. Currently more profitable than 3.1 in testing.

Version 3.3
Similar to version 3.2, but we make the EA stop trading when the price reverses. See pages 6 and 7 for instructions.
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