DislikedHi Skyline
If we add take profit of 100 to the input, the position would be closed either at 100 TP or at 23:00 whichever comes first, is this correct?Ignored
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DislikedHi Skyline
If we add take profit of 100 to the input, the position would be closed either at 100 TP or at 23:00 whichever comes first, is this correct?Ignored
DislikedHave generate approximately 375 PIPS in the last three days using the daily scalping system in the GBP/JPY market. This is a nice rebound and recapture from losses sustained during last weeks choppy markets.
Hope everybody trading the daily system is likewise enjoying the systems performance...
Happy Trading,
TK[/quote
Hi TK
Are you using SAR50 or 40 for GJ in your own trades?Ignored
Disliked
I am assuming that the SAR50 means stop and reverse. On the daily and weekly system, I use no mathematical indicators because I like the simplicity. I simply follow the previous trends as indicated by the daily/weekly price bars that appear on the graphs.
TKIgnored
DislikedThanks a lot skyline
One more question, my daily bars close at 22:00 GMT, does the EA still open and close the trades at 00:00 and 23:00 GMT respectively?Ignored
DislikedI recently read that tkimble uses a 50 pip stop (then reverse) for the pound yen and 40 pip stop for the pound dollar...and that is what i have been using...with great success I might add...
Hope this helps...
Thanks Tkimble...it's almost too good to be true...Ignored
DislikedThe GBP/USD is suffering today on the daily model. I have been stopped out twice and I am down 20 pips as we speak.Ignored
Dislikedweird, i had an entry at 1.9710 and haven't been stopped yet although it was pretty close 2 times.Ignored
DislikedI have done backtesting on the EA for several Pairs and found it to lose most every time. When doing manual backtesting on paper the Daily system seems to make a very nice profit most of the time. Is there something I am doing wrong or does the EA need to be tweaked somehow?Ignored
DislikedI agree, scrat, I had an entry at 1.9712 & over night & early this morning was nearly stopped out. Being new I got nervous & took notice of resistance at
1.9722. Just to see what would happen I set a limit of 1.9732 after watching it range all night & morning. It hit 1.9733. 30 pips for the day on GBP/USD.
As its been said the GBP/JPY has been good the last 3 days .
This system is still what I would like to call reliable.Ignored
DislikedI also see this , I backtested with EA from Nov 2006 until today and profit was only few pips on gbpusd. This EA need to be tested deeply and compare with manual backtest , if you get also manual backtest for past months it will be really useful if you could compare it with EA backtest so that we can find if there is some bug in the EA core.
ThxIgnored
DislikedOriginal Post
Daily Scalping EA v1.0a
Here first basic version for Tkimble's Daily Scalping method.
External variable are selfexplaining , user only have to check if it's broker get the Sunday candle in the daily chart and set flag accordingly so that EA will ignore this tiny candle.
happy test
TimeFrame : H1 (Otherwise EA doesn't close orders when due)
Attached Files
I am a first time member but I have been reading the posts and am now in two weekly (tkimble) trades. Both are profitable. Thanks to all for good and sound advice. My problem is that I can't open this file in windows. Any suggestions?
Thanks
NewbeeIgnored