Good Day Traders,
First thing is a big Thank you to Steve Hopwood for taking the time to code this EA. Again Thank you Steve.
Also thank you for you traders that have just posted in the last couple of days. It has helped me with this EA.
I have been trading for almost 4 years and these last 8 months I have been making pips (finally). My system is very simple and I like it. Now that I have a system and have been making pips I am wanting to learn all about these EA's. Last week I found that IBFX has some very simple EA's and I tried one and liked it so I have been on the search for other EA's. I found a couple of EA's from a couple of years ago but no up date posts. I then came across this EA and fourm over the weekend. I know nothing about EA's and in trying to figure out all the different settings on this EA I now have been bit by the need to learn how to code EA's. I have found a pdf on coding and am reading it. Now that you know a little about me and my history I will share how I have been trading with this EA.
Sunday night I loaded this EA on a live account trading .01 on 11 pairs. Time frame was 5 min and the EA did not work. I changed the ECN from false to true and Wow did this EA ever come to life. The bells sounded like a pop corn machine and all the trades very fast went into a loss. I then turned the EA off.
On Monday morning I set the time frame to 1 hour on all the pairs and I also tried the 15 tf on some of the pairs as well. I also tried changing some of the settings on the EA but because I don't know nothing about EA's I spent most of the morning trying to figure out what the different settings was for and how to change them. I still have know idea what some of these settings are I just been pushing buttons and changing settings and then see what happens. I changed the Criminalls ECN ( I still don't know what this is for) from false to true. I changed what I believe is the stop loss and the take profit settings as well. I have the break even checked on true. Not sure how or why but when the EA takes a trade it shows my sl and tp on the charts. When I turned the EA on again this EA went crazy again. A window came up and said op_ order send failed with error (146) trade context is busy. But when I check my account history the orders did go through and they opend and closed with a loss and just kept opening and closing with a loss. I ended up and shut the EA off. I then put all 11 pairs on only the 1 hour tf and that made the EA keep from opening and closing trades one right after the other. So my first lesson with this EA is I can only have the 11 pairs on one tf not two tf at the same time. I am now almost $3.00 in the loss.
Monday afternoon trading the 1 hour tf this EA was taking 3 to 4 trades every hour and most of them for a profit. I am still getting this window that comes up and says that op_ order send failed with error (146) trade context is busy. Again when I check my history the trades are being placed. Some of the trades I ended and some of the trades the EA ended. By Monday night I had made most of my pennies back that I had lost from the morning.
Monday night I changed to the 4 hour tf. and the EA took 2 trades at 8 pm New York City time. As I write this this morning I have had 14 trades taken so far and only 4 with a loss. Now the problem I am having at the moment is the EA took a trade on the gpy/jpy and it hit my take profit and the trade ended. As soon as the trade ended the EA took the same trade again but price turned and I am at a loss with almost as much as I had made from the earlier trade. Now I have also had the same thing happen on a eu/jpy trade. The EA took the trade but it went for a loss so I closed the trade. I soon as I close the trade the EA takes the trade again and it goes for a loss. lol nothing like a dog chasing its tail. I ended up and turned the EA off on all the jpy pairs untill I figure out what to do. I also am still getting that window that comes up and says op_ order send failed with error (146) trade context is busy. At the new 4 hour candle at 8 am I did not get no new trades from the EA. I have 2 trades open. A buy on the usd/chf and it is -0.25 and a buy on the eur/chf with a +0.82 The EA has moved my sl to breakeven on the eur/chf trade. I still have a couple of hours before I have to leave so I am going to get back into this EA and try to learn some more of the settings. I will post later today on how the trades are going.
Seller9 if you don't mind what is that Dash Board you are using and how does it work with this EA? I also like the idea of trading on the longer tf and getting into the trade from the 30m tf. So far I have had the best trads on the longer tf. I also see on Big Eds site that a lot of those traders are trading on the 4hr tf. They claim that they have better trades from the 4hr tf.
I think with some work on this EA a person could make this work and have some nice trades.
Jagfx
First thing is a big Thank you to Steve Hopwood for taking the time to code this EA. Again Thank you Steve.
Also thank you for you traders that have just posted in the last couple of days. It has helped me with this EA.
I have been trading for almost 4 years and these last 8 months I have been making pips (finally). My system is very simple and I like it. Now that I have a system and have been making pips I am wanting to learn all about these EA's. Last week I found that IBFX has some very simple EA's and I tried one and liked it so I have been on the search for other EA's. I found a couple of EA's from a couple of years ago but no up date posts. I then came across this EA and fourm over the weekend. I know nothing about EA's and in trying to figure out all the different settings on this EA I now have been bit by the need to learn how to code EA's. I have found a pdf on coding and am reading it. Now that you know a little about me and my history I will share how I have been trading with this EA.
Sunday night I loaded this EA on a live account trading .01 on 11 pairs. Time frame was 5 min and the EA did not work. I changed the ECN from false to true and Wow did this EA ever come to life. The bells sounded like a pop corn machine and all the trades very fast went into a loss. I then turned the EA off.
On Monday morning I set the time frame to 1 hour on all the pairs and I also tried the 15 tf on some of the pairs as well. I also tried changing some of the settings on the EA but because I don't know nothing about EA's I spent most of the morning trying to figure out what the different settings was for and how to change them. I still have know idea what some of these settings are I just been pushing buttons and changing settings and then see what happens. I changed the Criminalls ECN ( I still don't know what this is for) from false to true. I changed what I believe is the stop loss and the take profit settings as well. I have the break even checked on true. Not sure how or why but when the EA takes a trade it shows my sl and tp on the charts. When I turned the EA on again this EA went crazy again. A window came up and said op_ order send failed with error (146) trade context is busy. But when I check my account history the orders did go through and they opend and closed with a loss and just kept opening and closing with a loss. I ended up and shut the EA off. I then put all 11 pairs on only the 1 hour tf and that made the EA keep from opening and closing trades one right after the other. So my first lesson with this EA is I can only have the 11 pairs on one tf not two tf at the same time. I am now almost $3.00 in the loss.
Monday afternoon trading the 1 hour tf this EA was taking 3 to 4 trades every hour and most of them for a profit. I am still getting this window that comes up and says that op_ order send failed with error (146) trade context is busy. Again when I check my history the trades are being placed. Some of the trades I ended and some of the trades the EA ended. By Monday night I had made most of my pennies back that I had lost from the morning.
Monday night I changed to the 4 hour tf. and the EA took 2 trades at 8 pm New York City time. As I write this this morning I have had 14 trades taken so far and only 4 with a loss. Now the problem I am having at the moment is the EA took a trade on the gpy/jpy and it hit my take profit and the trade ended. As soon as the trade ended the EA took the same trade again but price turned and I am at a loss with almost as much as I had made from the earlier trade. Now I have also had the same thing happen on a eu/jpy trade. The EA took the trade but it went for a loss so I closed the trade. I soon as I close the trade the EA takes the trade again and it goes for a loss. lol nothing like a dog chasing its tail. I ended up and turned the EA off on all the jpy pairs untill I figure out what to do. I also am still getting that window that comes up and says op_ order send failed with error (146) trade context is busy. At the new 4 hour candle at 8 am I did not get no new trades from the EA. I have 2 trades open. A buy on the usd/chf and it is -0.25 and a buy on the eur/chf with a +0.82 The EA has moved my sl to breakeven on the eur/chf trade. I still have a couple of hours before I have to leave so I am going to get back into this EA and try to learn some more of the settings. I will post later today on how the trades are going.
Seller9 if you don't mind what is that Dash Board you are using and how does it work with this EA? I also like the idea of trading on the longer tf and getting into the trade from the 30m tf. So far I have had the best trads on the longer tf. I also see on Big Eds site that a lot of those traders are trading on the 4hr tf. They claim that they have better trades from the 4hr tf.
I think with some work on this EA a person could make this work and have some nice trades.
Jagfx