I cant really stop anyone from making another thread about the EA for this system, but im going to ask you not to. If the time comes when its needed I will do that. The reason I say this is because I think it will confuse people and take away from ...

4H 5EMA System

So I can run the EA on the 1M and check the rules? I dont know EA's. -Sterling

4H 5EMA System

Thats exactly the problem with EA's they can have very deceptive backtesting results. They can take what is a very profitable and make it not as profitable. Im not totally against them, but for backtesting I am totally against them. Now dont get me ...

4H 5EMA System

EA's NEVER backtest 100% accurate. If you backtest manually you will see that they dont. This system allows you the chance to backtest with 100% accuracy. I dont really like EA's but for testing purposes they have there advantages. As far as this ...

4H 5EMA System

From the looks of it I probably meant the green line not red line. I think I just read it wrong. -Sterling

4H 5EMA System

Yeah thanks for that I appreciate it. Sometimes I answer questions fast when im trading in the morning and must have overlooked something. -Sterling

4H 5EMA System

Oh i see. Yeah I was confused. If I answered that the last bar wasent a setup bar to go long I dont know what I was thinking. In that chart that he posted the last bar was a setup bar, so if market would have closed there that would be the setup bar ...

4H 5EMA System

Well the market closed at 1.4922 so im not sure whats up with your chart. Is that where your chart closed for the weekend? The room uses Alpari as a standard so as not to confuse people, check out an Alpari chart and youll see what I was talking ...

4H 5EMA System

How the system coming, any results on the EA. Pips per week? -Sterling

Sterling Challenge 1

Im supposing your talking about testing with EA's? When I backtest and I see a bar I need to take a closer look at I go to the 15M chart and this is good enough to see weather it hit the low before going higher and vise versa. Could you just use 15M ...

4H 5EMA System

Yeah im with you on that. Dont get the last post wrong I know you support this system. I do think there is a way to make this better and im all for working towards that. I just need the help of the room. No one person can test all the pairs and all ...

4H 5EMA System

Why do you need 1M data for a 4H system, for the EA? An EA atleast on metatrader does not backtest as accuratly as doing it manually. If you take your time and do it a few times then average the results you will get the most accurate results. Yes ...

4H 5EMA System

Oh god no. Thats way to huge of a draw down. When things start to go downhill it starts slow. When this system has a 6 month average of +300 pips or less thats enough for me to start making it better. At that time I will start making small changes ...

4H 5EMA System

I do agree with that partially. The market dosent just change over night. This is a world wide market and change takes time. As I've already said a few time, this system will need to be changed. The base of this system will never change, it is ...

4H 5EMA System

First id like to say thank you for the EA, and the weekend issue im sure can be worked out. If the main mechanics of the EA are right the weekend issue should be no problem. As far as the other pairs your right, for some reason the seem to be ...

4H 5EMA System

Your exactly right!!! -Sterling

4H 5EMA System

Yeah im going to have to side with bullrock on this one. Its ok to have 1 maybe 2 loosing months in a year but 4 in a row is to much. I for my own mental well being need a system that comes back to positive territory fast and the 4H does that. I ...

4H 5EMA System

I sad the second to last bar is a setup bar to go long....i dont understand what you missing, youll have to be more specific. -Sterling

4H 5EMA System

Great job on the EA man, hope you make some money with it It looks to be right on!!! -Sterling

4H 5EMA System

Chart For Nov 21st — Trade #23 - We went long from 1.4843 with a original stop loss of 1.4706 The trade continued in are favor for a while and then gave a signal to go short, at which point we exited the long and went short. The price we ...

4H 5EMA System