NanningBob 4H CTR EA

An article by Gus    No Comments

Hey everyone, just wanted to give a heads up on what I have been working on lately. I have spent a lot of time over at ForexFactory.com and have found some great new strategies to work on. I will be as always using my favorite 4H breakout strategy, but sometimes markets change and I need other methods to trade. This week the 4H breakout will not work on the GBP/JPY and one look at the first candle will tell you that, since it is over 500 pips as over 10pm EST.

So right now I have found a great EA (expert adviser) from Bob over at Forex Factory. I have always been a fan of Bob, since I have used his systems many times before, but I think he really has something special now. His new system is called NB 10.0, I have been testing it for over a month now and must say I am impressed. The thread over at Forex Factory is split into three different sections covering the trend, range and counter trend sections, NB 10.0 Trend. That is the link to the main section of the thread and where all the instructions are located.

Below is a quick screen shot of the 4H CTR Both, which has been my favorite EA of the bunch so far.

Here is a link over to my FXStat.com profile which has live updates from the demo account running the 4H CTR EA.

http://www.fxstat.com/performances/view/4H_CTR_Both-7922

I will keep everyone updated on my progress with this, but highly recommend everyone to pass by and take a look over at ForexFactory.com

I am running it on a live account with limited lots, and will put my FXStat.com for it soon. I also have the 1H CTR running on another demo, and while it has been more profitable the drawdown has been greater. So I will use the 4H live for now and see how the 1H performs over the next month before I decide to go live with it.

Again thank you so much to NanningBob for all his effort in making this EA and strategy.

Thanks,

Gus FX