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A Simple London Breakout V.2

  • #561
  • Aug 27, 2010 5:10pm Aug 27, 2010 5:10pm
Quoting squalou
Why did the first trades series close before TP1 ?
Did you close them manually ?

The EA will look for opening opportunities when "today" trades are closed.
It opens a new series if the previous M15 bar closed inside the box (as per Mer rules), and price has breached the box edge.
That's your case, so it immediately opened new trades.

Note that I added a safety check in the EA to allow opening trades only if price is within the first half of the Entry<>TP1 zone, to prevent opening trades too far away from the normal Entry lines.
SQ
Squalou, I believe the issue lies exactly in what you said, which I just got from the code:
Inserted Code
if (iClose(NULL,PERIOD_M15,1) <= BuyEntry && Ask >= BuyEntry && Ask < (BuyEntry+BuyTP1)/2) {

This met exactly the conditions I went in today .... which is not desirable in these (maybe isolate) price-action settings.

Let me think about it and I'll come back to you with a new piece of code with some justifications. You'll pick what you want in the end ;-)
  • #562
  • Aug 27, 2010 5:27pm Aug 27, 2010 5:27pm
Quoting mer071898

Dude, you should know me by now, I am all for someone who takes the basics and makes it their own (I feel like American Idol). And I'm sure sqaulou appreciates all your input and suggestions with the code, as do I.
Mer,
That's internet. You don't know no one out there.

Without looking for appreciation, I'm looking for a little bit of your experience with regards to what I proposed as a coherent slight add-on to your strategy, without parting with your core methodology (which I thought was how you wanted ppl to contribute).

If this is not how you want ppl to contribute (which means though, you also need to discuss any relevant add-on in the spirit of your methodology), I'll suck it up, and keep basically profiting of everything out here.

Really, no hard feelings here ... but I won't take the time to post if it doesn't help me go forward.

X.
  • #563
  • Aug 27, 2010 7:14pm Aug 27, 2010 7:14pm
Quoting desander
Dear traders,

Since last Monday I take positions on GBP/USD, EUR/USD or USD/CHF based on your breakout system with for now nothing but winners!
Just keep in mind that I trade temporarily manually (no EA) and only wish
to get out on Target 1 on Buy or Sell entries.
For practical reasons I have no time to wait until an entry level is triggered,
so I use a script where I place OCO orders instead. So I am sure I never miss the boat if an opportunity arises.
Since I am satisfied with a daily gain of about 30 pips, I do not need to attend further...
Hello Gilbert,

can you please PM me, as a junior member i cant send PMs.

Thank you
  • #564
  • Aug 27, 2010 8:11pm Aug 27, 2010 8:11pm
Quoting xmph
Mer,
That's internet. You don't know no one out there.

Really, no hard feelings here ... but I won't take the time to post if it doesn't help me go forward.

X.
xmph,

I believe mer isn't an indicator user but we like your posts and ideas so please continue. If he personally reviewed every idea here he wouldn't have time to make all that money and posts the results. If you find the Holy Grail I'm sure he'll be the first to want to see it.

Keep searching,

Johnny
  • #565
  • Aug 27, 2010 8:26pm Aug 27, 2010 8:26pm
Quoting Pardy
Hi Johnny,

Neat ideas, I think.

Pardy
Hello Pardy,

You've got the picture correct. Glad you like them.

Johnny
  • #566
  • Aug 27, 2010 8:30pm Aug 27, 2010 8:30pm
Quoting xmph
Johnny, this is the today's illustration of what I mean: Why would you initiate the Buy-Trigger considering it is exactly at today's resistance ... whereas it was well placed for the earlier sell-trigger ...
Attachment

Now, considering placing/moving/adjusting (whatever we call it) the box, on the provided illustration it is clear that box (normal one with the last indy) was definitly meant for a Sell at the breakOut .... The Box extent is almost the Resistance/Pivot Deviation ..... Slightly above the pivot to increase our chance for...
xmph

I have the same idea. Great minds think alike.

Johnny
  • #567
  • Aug 27, 2010 8:57pm Aug 27, 2010 8:57pm
Quoting xmph
it sucks I didn't had the time to do this earlier ... now market is closed and my broker blocked a 8 pip spread which screw bakctesting but anyways .. for illustration purposes:

I am sure you know you can enter in the spread you want to base it on manually. Of course, it means you have to rerun the script to recreate the fxt files
  • #568
  • Aug 28, 2010 10:01am Aug 28, 2010 10:01am
Hi SQ,

Pls see the encl pic - this is the second time its happening, and I can't understand it! No sells again. The journal tab reveals nothing untoward, it's just not sending the sell order. Checked the expert properties on the tester as well.

Wonder why.

Pardy
EDIT: Hmmm..... changed tester to 15 min and it started working OK with sells!
Attached Image (click to enlarge)
Click to Enlarge Name: sq ea.gif Size: 21 KB
  • #569
  • Aug 29, 2010 3:11am Aug 29, 2010 3:11am
Does anyone have template / indicator with black color background? I tried to make it but messed up with colors...
The Market pays you to be disciplined
  • #570
  • Aug 29, 2010 3:35am Aug 29, 2010 3:35am
Quoting JohnnyBSmart
showbaba,

That's not possible dude. I don't know you. Anything worth talking about you can post it here and I will try to answer your questions.

Now what do you want to know?

Have a great day,

Johnny
i want to optimize my EA make them better and ur advise might help me, but discussing another EA here on this thread is not respectful!, or do i open a new email and paste the password, put evrything there , what do u suggest, i am not bent on having ur details, but i am not also interested in going public with it for now , i hope u appreciate my wish
Thanks
  • #571
  • Aug 30, 2010 12:32am Aug 30, 2010 12:32am
Just a note for everyone, I will be leaving for vacation for 2 weeks and will be leaving around 9 am this morning. Obviously, I will obviously not be posting results so please, if you have any questions, I'm sure sqaulou or someone will be able to answer them as soon as they can. I will be vacationing in an area with no internet around so I won't even have my laptop with me.
  • #572
  • Aug 30, 2010 1:56am Aug 30, 2010 1:56am
Quoting mer071898
Just a note for everyone, I will be leaving for vacation for 2 weeks and will be leaving around 9 am this morning. Obviously, I will obviously not be posting results so please, if you have any questions, I'm sure sqaulou or someone will be able to answer them as soon as they can. I will be vacationing in an area with no internet around so I won't even have my laptop with me.

There are some pizzas in the freezer, beers in the fridge, so we should be able to reasonably behave ourselves here ...
As for the house keeping... well, i don't have the cellar's keys, so i'll let you do that when you're back...
Have a nice one... and if you manage to find an internet-caffee, drop us a line, AND A PIX

SQ
  • #573
  • Aug 30, 2010 7:34am Aug 30, 2010 7:34am
Quoting mer071898
Just a note for everyone, I will be leaving for vacation for 2 weeks and will be leaving around 9 am this morning. Obviously, I will obviously not be posting results so please, if you have any questions, I'm sure sqaulou or someone will be able to answer them as soon as they can. I will be vacationing in an area with no internet around so I won't even have my laptop with me.
mer071898,

No internet? You're kidding right? Where is this place? Central Africa, North Pole maybe Antarctica? Please don't let my wife know about this place. She goes crazy when I take my laptop on vacation. Have a great time.
  • #574
  • Aug 30, 2010 3:22pm Aug 30, 2010 3:22pm
guys just one question.
I am on time zone gmt+1(Serbia, Belgrade) , my broker is on time zone gmt+2 , by default start time on v3.2 is 0600 end time is 0914! In which time zone should i change the parameters on gmt+1 or gmt +2 ?
Help to be helped.
  • #575
  • Aug 30, 2010 6:29pm Aug 30, 2010 6:29pm
Hi Lazar83,

many times i have the same problem. i take a look at the chart from mer and then i put the end time also at 10 am. i hope this is right.

My Broker is Fibo Group and the times are:
7.00
10.14
5.30
  • #576
  • Aug 31, 2010 1:52am Aug 31, 2010 1:52am
thanks, i ll stick to GMT+1 ...even if my broker is gmt+2
Help to be helped.
  • #577
  • Aug 31, 2010 3:16am Aug 31, 2010 3:16am
Quoting Lazar83
guys just one question.
I am on time zone gmt+1(Serbia, Belgrade) , my broker is on time zone gmt+2 , by default start time on v3.2 is 0600 end time is 0914! In which time zone should i change the parameters on gmt+1 or gmt +2 ?

Read post #433, it explains it all.

Your "Market Watch" (time displayed in your charts) is your Broker time.
Box default is 06:00-09:14 for GMT+2 charts.
London time is currently GMT+1 (DST).

SQ
  • #578
  • Aug 31, 2010 5:47am Aug 31, 2010 5:47am
Squalou-

I am running the EA through the tester, all works well except it is not recognizing the MaxBoxSizeInPips. When reviewing the results from the tester, it is still showing trades on days that the box is outside my max limit. I have triple checked my inputs.

using EA v1.2b
LimitBoxToMaxSize = false
StickBoxToLatestExtreme = false

Any thoughts?
  • #579
  • Aug 31, 2010 5:56am Aug 31, 2010 5:56am
Nevermind...
I don't know what I did, but I fixed it.
  • #580
  • Aug 31, 2010 7:40am Aug 31, 2010 7:40am
Quoting squalou
Read post #433, it explains it all.

Your "Market Watch" (time displayed in your charts) is your Broker time.
Box default is 06:00-09:14 for GMT+2 charts.
London time is currently GMT+1 (DST).

SQ
Thanks SQ,

so i must wake up at 4 am
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