Following on from the Simple H1 GBPUSD EA thread, this is a version of the same EA that places 3 orders instead of 2, you can see the history of this EA at this link:
http://www.forexfactory.com/showthread.php?t=231650
This version places 3 orders each with its own TP and one general stoploss.
TP1 and TSL are the same value so that the other two orders are fully protected once TP1 is reached.
TP2 uses a trailing stoploss and moves to breakeven when TP1 is reached.
TP3 is allowed to run without a TSL but its stoploss is moved to +10 when TP1 is reached.
The stoploss is 140 per order so the total risk is 420 pips, please don't use this EA if this is a problem.
All the settings were arrived at using the MT4 optimising tool, any changes will give different results!
camvcvooV5.ex4
V5 fixes trading with ECN accounts.
Default setting (for highest profits):
TP1 22, TP2 50, TP3 80, SL 140, TSL 22.
More coservative settings (for fewest losses):
TP1 14, TP2 50, TP3 100, SL 130, TSL 14.
___________________________________ _______________________
canvcvoo requested this version so, for now the file is in his name.
There is also a full strategy report attached.
NOTE:
It is very important that the GMT offset for your broker is set correctly.
This EA places its orders during the hour before Tokyo opens, if you do not set the broker to
GMT offset correctly the EA will not show good results.
This EA is provided for educational purposes only and anyone downloading and using the EA does
so entirely at their own risk and they are responsible from any losses they may incur from using
it in live trading.
http://www.forexfactory.com/showthread.php?t=231650
This version places 3 orders each with its own TP and one general stoploss.
TP1 and TSL are the same value so that the other two orders are fully protected once TP1 is reached.
TP2 uses a trailing stoploss and moves to breakeven when TP1 is reached.
TP3 is allowed to run without a TSL but its stoploss is moved to +10 when TP1 is reached.
The stoploss is 140 per order so the total risk is 420 pips, please don't use this EA if this is a problem.
All the settings were arrived at using the MT4 optimising tool, any changes will give different results!
camvcvooV5.ex4
V5 fixes trading with ECN accounts.
Default setting (for highest profits):
TP1 22, TP2 50, TP3 80, SL 140, TSL 22.
More coservative settings (for fewest losses):
TP1 14, TP2 50, TP3 100, SL 130, TSL 14.
___________________________________ _______________________
canvcvoo requested this version so, for now the file is in his name.
There is also a full strategy report attached.
NOTE:
It is very important that the GMT offset for your broker is set correctly.
This EA places its orders during the hour before Tokyo opens, if you do not set the broker to
GMT offset correctly the EA will not show good results.
This EA is provided for educational purposes only and anyone downloading and using the EA does
so entirely at their own risk and they are responsible from any losses they may incur from using
it in live trading.
Attached Image (click to enlarge)
Attached Files
