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Author Topic: CabEX by PhiBase  (Read 132710 times)

Offline WiZARD

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CabEX by PhiBase
« on: April 28, 2013, 08:10:23 PM »
Cabex EA

trades GBPUSD on H1
« Last Edit: May 17, 2015, 09:17:38 PM by odysseus11 »
Greed is good

TradeNow

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Re: CabEX by PhiBase
« Reply #1 on: April 28, 2013, 08:25:39 PM »
350$ and no rebate for synergy & rayscalper users?  :(

best regards
Mark

Offline Steve Cole

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Re: CabEX by PhiBase
« Reply #2 on: April 28, 2013, 08:25:48 PM »
http://cabex.phibase.com

trades GBPUSD on H1


Problem #1 No MyfxBook link, only a MT4i. I know they say "coming soon" but MT4i hides alot of info for anyone who does not know how to use it, and still hard to gather info for those that do know how.

Until I see a myfxbook , its a No Go for me


It also trade on a 1 hr chart at the close of a candle and we all seen what happen to Forex Pip Bag trading this large time frame,

It says trades every signal, Long in a trade and a Short signal appears it will close the Long and enter a Short, But when as soon as the Short appears OR after a the close of the 1 hr candle and then who know it the signal is still valid or even has enough momentum , ?  Because if it waits fro a 1hr close the move will be over that is how the GBP trade, and also same logic killed FPB waiting for the close of a 1hr candle


CabEX is designed to trade GBPUSD on the H1 time frame. The trading strategy is based on elimination of noise by considering only the H1 close for most part of the strategy. Hourly High/Low values are considered for calculating the ranges, but trade management is based on closing values only. This effectively filters away most part of the noise. The startegy is based on price action near moving averages - The EA identifies potential trends and reversals moves. Protective SL is placed on the server side at 300 pips and TP is set at 500 pips. These levels are very rarely allowed to be touched. The EA uses a hidden stoploss at 100 pips. Close below the hidden SL will close the trade. The hidden TP is at 300 pips. The EA has a very dynamic trailing SL system which moves the hidden SL to breakeven when the gain is above 50 pips. When the trade gains 100 pips, the hidden TSL is set to 50 pips. The levels are adjusted for every 50 pips. The EA attempts to give maximum space for the trade to work its way towards higher gains and attain a risk:reward of 1:2 - This is very important part of the startegy.

CabEX tradex every signal. The following actions are taken by the EA under different circumstances during a signal trigger

No Open trades : long/short signal > New Trade Entry Executed

Long Open : short signal > Long Closed and New Short Trade Entry Executed? when?

Long Open : Long signal > Long Signal Ignored

Short Open : Long signal > Short Closed and New Long Trade Entry Executed? whne?

Short Open : Short signal > Short Signal Ignored

Existing Trade Closed at Trailing SL/SL/TP during current M15 bar: long/short signal > New Trade Entry Executed
« Last Edit: April 28, 2013, 08:33:27 PM by Steve Cole »

Offline WiZARD

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Re: CabEX by PhiBase
« Reply #3 on: April 28, 2013, 08:32:52 PM »
350$ and no rebate for synergy & rayscalper users?  :(

check your mailbox :)
Greed is good

Offline phibase

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Re: CabEX by PhiBase
« Reply #4 on: April 28, 2013, 08:38:56 PM »
The reference account will be MyFxBook verified and linked after market opens.

TradeNow

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Re: CabEX by PhiBase
« Reply #5 on: April 28, 2013, 08:39:11 PM »
350$ and no rebate for synergy & rayscalper users?  :(

check your mailbox :)

ok...got it some seconds ago.  :D
Thanks nice offer for sure  ;)

best regards
Mark

Offline Steve Cole

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Re: CabEX by PhiBase
« Reply #6 on: April 28, 2013, 08:46:01 PM »
The reference account will be MyFxBook verified and linked after market opens.


ok, can you answer the question I underlined above, when a trade is open Long or Short and a reversal trade happens, is the reversal trade taken or the close of the 1hr candle or the time the reversal happens? or is it basing the reversal on a lower time frame?

« Last Edit: April 28, 2013, 08:53:26 PM by Steve Cole »

TradeNow

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Re: CabEX by PhiBase
« Reply #7 on: April 28, 2013, 08:51:20 PM »
I couldnt resist and took the prelauch offer and put it live now.  :D

good luck all

best regards
Mark

Offline phibase

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Re: CabEX by PhiBase
« Reply #8 on: April 28, 2013, 08:57:21 PM »
GBPUSD price movements are very different from EURUSD. CabEX startegy is fully based on hourly closing price - No intermediate price is considered since GBPUSD price movements are highly unpredictable from retail trading point of view. 

The strategy is not based on volatality break out or momentum - The EA will trade trends and reversals - does not use technical levels since these are used by banks to clear out Stops and pending orders - before carrying out the real money flow. The lower liquidty of GBPUSD makes it possible for large market makers and banks to move the pair  above/below technical levels. Breakouts cannot be traded due to the higher frequency of fakes.

Offline Spacey

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Re: CabEX by PhiBase
« Reply #9 on: April 28, 2013, 09:12:44 PM »
Are you going to run this on the Phibase Portfolio account as well?

Offline mikepipmaker

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Re: CabEX by PhiBase
« Reply #10 on: April 28, 2013, 09:15:06 PM »
I couldnt resist and took the prelauch offer and put it live now.  :D

good luck all

best regards
Mark

I am in too..... trading GU is going to be more interesting... EU is boring me to death.

Anyway.... i have always made money when I got started right from day one....  ;D  8)  usually makes a good 10% at the start before any dd comes....   it has been making it easier for me to trade   ;)   most people jump in after seening the equity move up.... they end up catching the peak  ;D   With phibase I do not have to think twice.... they have my most trusted vendor badge.... atleast  for me. Ite been over a year and the level of committment and support has not gone down even one bit..... its amazing!

Keep up the good work guys... and may the cabby take us into some nice green world.

good luck all ;D
No method or EA can be successfull if we keep changing the rules and be impatient.

Offline phibase

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Re: CabEX by PhiBase
« Reply #11 on: April 28, 2013, 09:19:00 PM »
Are you going to run this on the Phibase Portfolio account as well?

Yes, the EA has been set up on the Phibase portfolio account. It will trade with magic number 55445544 along side Synergy and Ray Scalper.

We will publish the complete portfolio analysis of Synergy+Cabex+Ray Scalper, Synergy+Cabex, Cabex+Ray Scalper, Synergy USDCHF + CabEX. These reports will be made available by Wednesday.


TradeNow

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Re: CabEX by PhiBase
« Reply #12 on: April 28, 2013, 09:24:20 PM »
I am in too..... trading GU is going to be more interesting... EU is boring me to death.

Hi Mike,

good to know that you are also on board and we can get the 10% beginner bonus  ;)
And YES at last we have a new GBPUSD ea from a reliable vendor with a reliable strategy.
I also wouldnt buy any eurusd ea now....i think i have all serious eas for eurusd and its boring haha   :D

best regards
Mark

Offline pipmenow

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Re: CabEX by PhiBase
« Reply #13 on: April 28, 2013, 09:26:38 PM »
I don't own synergy & rayscalper so I don't qualify for the hefty discount. Is the prelaunch use of CabEX only for previous users of PhiBase products? 
Grid "born and bred".

Offline mikepipmaker

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Re: CabEX by PhiBase
« Reply #14 on: April 28, 2013, 09:28:38 PM »
H1 shows 0.00171 and Week range shows 0.01678

Thhis weeks range is over 300 pips . Why does it show only 1/2 the range? is this value just a indication to show all is okay?
No method or EA can be successfull if we keep changing the rules and be impatient.

 

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