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Originally Posted by sr2
Hi robber
I will also check my setup. I have a suspicion that some of the settings are wrong. Not sure if other people have had similar problems but MT4 seems to update daily! I think it may have messed up some of my settings. If I get a chance this weekend I will take a look.
SR2
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Hi
**** PLEASE READ FOR ANYONE USING THIS SYSTEM ******
As I mentioned I checked my MetaTrader setup over the weekend. I was checking the various indicators and upon changing the MA settings MT crashed. When I restarted MT, it refused to connect. I tried re-installing but nothing worked. In the end I deleted MT and all references to it on my HardDrive and in the registry. I then re-installed and it connected. Luckily I had saved my settings as a template. When I applied the template I found something strange. The MA came up as Exponential rather then weighted. Don't ask me why. I tried changing it to weighted but the crossovers did not match the trades I had made in January. So I switched back to Exponential and it all fitted. So basically it looks like I was using Exponential all along even though MT was indicating that I was using Weighted. I have emailed MT support to check and am awaiting a reply. I apologise if anyone has been using the settings and it has not worked quite like mine. Hopefully this should fix it. So just to recap the settings:
Exponential MA 10 period on close price = FastMA
Exponential MA 40 period on close price = SlowMA
Par Sar step = 0.02 Max = 0.2
I hope this clarifies things. Please let me know if there is anything else that people notice. I want to make sure that everyone can use this system profitably.
Also just to let you know I am working on a modification to this system which I am hoping will produce an even better success rate. If it proves successful I will publish the results
SR2