if the current short fails then we will be -150 on it and the month total will be +100, let us hope it doesn't fail

4H 5EMA System

looks like this month will end up flat like last one we were up +800 pips 10 days ago, now up only 250 last 5 trades have been -155, -155, -25, -104, -82

4H 5EMA System

there is many different ways to code a system as EA, for rxample the 5EMA system I coded it to use market orders to enter into the trade and stop orders for reverse, some one else can code it to use stop orders for both entry and reverse, both EAs ...

4H 5EMA System

say you want to test Sep: - make sure you have 1minute data for sep - run EA and set the start and end dates in startegy tester to sep1st, sep 30th - check every trade placed by the EA to make sure it follows rules note that the EA doesn't handle ...

4H 5EMA System

back testing is reliable using the m1, you can check the EA trades to see if they follow the system rules or not, the 625 pips was for Nov

4H 5EMA System

the EA has to be CODED correctly and has to be TESTED correctly, you can't just take an EA that was built to run against M1 chart and run it against M15 or H4 chart and expect the EA to work correctly.

4H 5EMA System

you have to run the test using M1 , the EA is built this way, you have to set the PERIOD in the strategy tester to "M1", setting it to anything other "M1" will not work, I said this already when I posted the EA

4H 5EMA System

thesting the EA with the H4 will no give you accurate results as the you don't know exactly what happened during the H4 bar, did the H4 bar break the previous bar high first and then reversed or did it break the previous bar low first then the high ...

4H 5EMA System

I'm unable to find 1m historical data for gbp so that I can test last 2 years

4H 5EMA System

but what is the criteria that will make you decide that the system no longer work for gbp, is it 2 successive 1000 pips loss months for example ?

4H 5EMA System

thanks, I'm attaching the ea, i didn't implement the friday and 50% rules yet, I don't feel comfortable trading this live as It lost money in eurusd, eurjpy, audusd, gbpjpy, usdjpy this month, I'm afraid these currencies can start making money using ...

4H 5EMA System

I'm glad your totals and trades match my EA, we had a total of 625 pips on gbp, congrats

4H 5EMA System

I will try to download the GBPUSD M1 data for 2008 and test all months, the link for alpari data bank is not working url

4H 5EMA System

why the 4:00 bar on 11/20 which has a low of 1.4916 and high of 1.4975 wasn't a setup bar , this setup bar was followed by a reversal bar that triggered a buy

4H 5EMA System

these calculations are wrong, I picked mar,april,may and all wrong, I don't know how april for example is +964, please post all of april trades so we can see if they follow rules or no, april was -130 pips and here are april trades on daily using ...

4H 5EMA System

then you should change topic title to be "4H 5EMA GBPUSD Only system", also you keep saying the system is based on support and resistence and price action and I think these items apply to any currency and any market and not just GBPUSD

4H 5EMA System

month count till now GBP +930 JPY -950 EUR -250

4H 5EMA System

this is an EA I created, still missing the 50% and friday rules, you can review the trades in the zip file and you will see they match the rules

4H 5EMA System

gbp was up 1000 pips one point last month and ended +50!, I'm attaching the performance of gbp,eur,jpy this month gbp +550 eur -450 jpy -800

4H 5EMA System

I understand this is a mechanical system, so can you please post the all this month trades so we can see how much profit/loss it did (GBPUSD)

4H 5EMA System