this is very helpful. thx mate.
Don Quixote's intraday system 8 replies
Simple Trading system for Intraday/short term 167 replies
Intraday Mechanical System Strategy 0 replies
Best Intraday Trading System 5 replies
looking for an intraday system 6 replies
DislikedEA is pratically completed (at least, a pre-version).
For those who knows me, you know that I only give the ea to author of the method. Just don't want any on my stuff on ebay! Cause I have used some code taken here and there on the web, I'll do an exception for this one, I'll post instructions and files later this week (time to clean up some stuff in it).
Some small backtests for now
May4 2010 til today on 15m chart, GANN 7, MA 4, QQE
http://www.mldlfx.com/picts/gu3_50pc.gif
Same period on 30m chart, GANN 7, MA 7, no QQE
http://www.mldlfx.com/picts/gu3_30m_noqqe.gif...Ignored
DislikedLive Trading Today. Would Appretiate feedback regarding correct SL and entries.
1st Trade £1 perpoint
open: 1.5274 ( first bar under gann not valid as stoch not RED, enter on 2nd bar retrace)
SL: 1.5288
TP1: 1.5247
TP2: 1.5199
result = -£12 (stop out NEW siganl NOT SL)
2nd Trade £2 per point ( not comfortable Doubling upb ut part of system)
open 1.5285
SL= 1.5258
TP1= 1.5307 50% = £22
TP2= 1.5356 50% = £48
Total = 70 -12 = £58 Profit
Picture paints a 1000 words!!!
Many ThanksIgnored
DislikedEA is pratically completed (at least, a pre-version).
For those who knows me, you know that I only give the ea to author of the method....Ignored
DislikedHey Falwic,
What else do you look for before taking the trade using this system?Ignored
extern string _PIVOT = "***** Pivot *************"; extern int Pivot.MyPeriod = PERIOD_D1; extern bool Use.Pivot.Filter = false; extern bool Use.Fib.Pivot.Filter = true; extern bool Fib.pivots = true; extern bool Fib.camarilla = false; extern bool Fib.midpivots = false; extern double Pivot.Thickness = 10; //% extern string _ADR = "***** ADR ******************"; extern int ATR1.Prd = 5; extern int ATR2.Prd = 20; extern double ATR.RoomLimitRatio = 0.2; extern bool ATR.ExcludeSundayData = true; extern double Atr.WaitForPullBack = 0; //0-disable extern int Atr.WaitForPullBackPeriod = 5; extern string _MA = "***** Moving Average *****"; extern int MA.Period = 4; extern int MA.Price = PRICE_CLOSE; extern int MA.Method = MODE_SMA; extern int MA.Shift = 1; extern string _GANN = "*** HILO GANN ACTIV. *****"; extern int GANN.Period = 7; extern int GANN.Shift = 1; extern string _SM = "***** SwingMan TRIX ****"; extern bool SM.Use = true; extern int SM.TRIX_Period = 3; extern string _____Averages_____ = "0=SMA, 1=EMA, 2=SMMA, 3=LWMA"; extern int SM.Mode_Average_1 = 1; extern int SM.Mode_Average_2 = 1; extern int SM.Mode_Average_3 = 1; extern string _____Input_Price_____ = "0=C,4=Median,5=Typical,6=Weighted"; extern int SM.Input_Price = 0; extern int SM.Shift = 1; extern string QQE_Indi = "- - - - - - QQE - - - - - "; extern bool QQE.Use = true; extern int QQE.SF = 5; extern int QQE.RSI_Period = 8; extern int QQE.WP = 3; extern int QQE.Shift = 1; extern string _ORDER = "****** TAKEPROFIT *******"; extern int OR.Trailing = 8; //Candle mode trailing extern double OR.TakeProfit1 = 13; //First TP level + set BE extern double OR.TP1SetSLto = 1; //1=100%=BE, 0.5=50% of distance between SL and openprice extern double OR.Lots1r = 50; //% of lot to close at this TP extern double OR.TakeProfit2 = 40; //Second TP level + set SL at TakeProfit1 extern double OR.Lots2r = 50; //% of remaining lot to close at this TP extern double OR.TakeProfit3 = 100; //Close remaining lot at this TP extern string _STOPLOSS = "******* STOPLOSS *********"; extern int SL.Mode = 1; //0-fixed (SL), 1-GANN, 2-pivot, 3-last fractal extern int SL.Stoploss = 0;//mode=0->set stoploss value; mode>1 -> minimum stoploss extern string _Order_ = "******* Order info ********"; extern bool EntryAddOrder = true; //true-add order, false:orders are not placed (just an arrow) extern int MaxOrders = 2; extern int TimeBetweenOrder = 5; //min extern int SlippageOpen = 2; extern int SlippageClose = 2; extern int OrderRetry = 3; extern int DelayBetweenRetry = 2000; extern int MagicNumber = 6000; extern string _SL_TS_ = "***** Order Setup ****"; extern bool ECNBroker = true; //Use Market order extern int LotsDigit = 2; //Number of digits for lot extern double MaxLot = 10; //Max number of lot accepted extern double MinLot = 0.05; //Min lot that we can trade bool StopLossAutomatic = false; //if true, SL is set automatically at each new candle double StopLossAutomaticFactor = 0.02; extern string _EXIT = "- - - - - - Exit - - - - - -"; extern bool CloseOnGANNtouch = false; extern bool CloseOnOppositeOrder = true; extern string TS_ = "- - - Break Even - - - -"; extern int TS_SetBreakEvenAt = 0; //When profit reach these pips, SL set to breakeven+LockPips, 0-disable extern int TS_LockPips = 1; extern bool TS_On = false; //Set to True to activate TS extern int TS_TrailingStop = 40; extern int TS_TrailingStep = 2; //Diff between market price and SL extern string _MM_ = "***** Money Management ****"; extern double Lots = 0.05; extern bool RiskMM = true; //risk management extern double RiskPercent = 5; //risk percentage extern string MeansComm1 = "___LOT CALCULATION METHOD___"; extern string MeansComm2 = "MeansType: 1 - Balance, 2 - Equity, 3 - FreeMargin"; extern int MeansType = 1; //MM calculation method extern string _EntrySchedule_ = "******** Schedule *********"; extern bool EntryOnSchedule = true; extern int ScheduleStartHourGMT = 8; extern int ScheduleEndHourGMT = 11; extern bool TradeOnSunday = true; extern int SundayStartHourGMT = 8; //GMT hour extern bool TradeOnFriday = true; extern int FridayStopTradingHourGMT = 11; extern int FridayEndHourGMT = 11; extern bool FridayCloseAllTrades = false; bool FridayKeepSecuredTradeOpen = false; //Secured = SL>=Order OpenPrice extern string _Misc_ = "********** Misc ***********"; extern bool EntryAlert = false; extern bool EntryEmail = false; extern bool ReportEmail = false; extern string ReportSubject = "IDGU report"; extern int BrokerOffsetFromGMT = 1;
DislikedHi Phover,
Thanks for the EA. How do you use pivot points do you use them for target profit/sl level or also for entry direction log only above ppv etc?
Thanks.Ignored
DislikedHi,
Actually I use them only for entry.
If price under R1, only buy
If price over S1, only sell.
I need to improve the calculation of my pivots since I found a small problem in my routines this morning. It works as it is now, but it will be better in the next version.
I also plan to use S&R levels as target too. I choose a differents approach (3 level takeprofit) to valid the theory before the next step.
Still a work in progress.
Cheers
MartIgnored