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-   -   London close trading system for currencies (https://www.forexfactory.com/showthread.php?t=598223)

ghostbiker Feb 20, 2020 2:40pm | Post# 3041

all orders from today closed with mini wins

jshear Feb 20, 2020 3:32pm | Post# 3042

Closed with red8ced TP +.05 percent gain.


Jeff

Zkk Feb 21, 2020 12:05pm | Post# 3043

two trades opened today for weekend trading
finally around 3.5% profit from the mess

ghostbiker Feb 21, 2020 12:14pm | Post# 3044

2 orders GBP and 2 orders EUR active from today

today London close trading not so good idea

jshear Feb 21, 2020 1:40pm | Post# 3045

Closed today’s 2 orders with reduced TP 1.1 percent gain. Have a nice weekend.

Jeff

ghostbiker Feb 21, 2020 2:58pm | Post# 3046

the 4 orders closed with reduced win us Basket

marketace Feb 21, 2020 8:32pm | Post# 3047

Quick 3% on 3 pairs...did anyone manage to close out Thursdays trades in profit...the eurjpy refusing to rebound?

HengkiTjen Feb 23, 2020 2:33am | Post# 3048

EA UPDATE v39 EA and INDICATOR UPDATES Files located at: https://github.com/xmess7/LondonCloseEA The latest feature is now completed. The EA will now close pending orders once the corresponding market order hits TP/SL or is closed manual. No more errors are shown in the logs. In addition if the EA is closed or restarted for any reason it WILL REMEMBER what limit orders belong to what market order. ENJOY! JESS {file}
hi jess
im read this post quite interesting

do i need indicator to run this EA ?
please guide me

thank jess

xmess7 Feb 23, 2020 7:18pm | Post# 3049

{quote} hi jess im read this post quite interesting do i need indicator to run this EA ? please guide me thank jess
Nope. You don't need the indicator to run the EA.
Use the indicator so you can see what or where the fibs are and where price opened up.
J

HengkiTjen Feb 23, 2020 7:54pm | Post# 3050

{quote} Nope. You don't need the indicator to run the EA. Use the indicator so you can see what or where the fibs are and where price opened up. J
Nice
I will give a shoot this week

Thanks again

Zkk Feb 24, 2020 12:14pm | Post# 3051

no trades today
massive gain from eurjpy started last week

ursinho4711 Feb 24, 2020 12:26pm | Post# 3052

no trades today massive gain from eurjpy started last week
seven with strong settings (ADR>=60)

eurjpy closed well in profit today

ursinho4711 Feb 24, 2020 1:51pm | Post# 3053

basket close over dashboard with 0,26% (chicken chicken chicken) at 18:26 GMT

jshear Feb 24, 2020 2:29pm | Post# 3054

Closed 6 trade basket for reduced TP 1.1 percent gain.


Jeff

ghostbiker Feb 24, 2020 2:56pm | Post# 3055

second account 8 orders today, closed with reduced TP Basket

first account 2 orders today, closed with Basket TP

marketace Feb 24, 2020 11:24pm | Post# 3056

14 trades 8 pairs quick 3% in 30 minutes...

Nice recovery from that 40% DD for those that held their nerve last week!

marketace Feb 24, 2020 11:25pm | Post# 3057

Does this system open new trades if old ones are still in play?

ghostbiker Feb 25, 2020 2:28am | Post# 3058

which system ?

marketace Feb 25, 2020 3:37am | Post# 3059

which system ?

London close - thanks - just to clarify open new trades if previous days trades are still open)

ghostbiker Feb 25, 2020 10:11am | Post# 3060

by my EA you must only change the Magicnumber, the "old" orders are open and the EA work
new on the next day. But you must close the "old" orders manually or the orders closed with the TP

Zkk Feb 25, 2020 12:05pm | Post# 3061

7 trades opened today

ursinho4711 Feb 25, 2020 12:07pm | Post# 3062

7 trades opened today
2 with strong settings (gbpaud, gbpnzd)

jshear Feb 25, 2020 12:08pm | Post# 3063

4 trades for me with strong settings:

EURAUD
GBPNZD
EURNZD
GBPAUD

ursinho4711 Feb 25, 2020 12:14pm | Post# 3064

4 trades for me with strong settings: EURAUD GBPNZD EURNZD GBPAUD
I running it on a different broker at the moment: no commission but higher spread, lower leverage (30)

ghostbiker Feb 25, 2020 12:19pm | Post# 3065

5 orders today active

ghostbiker Feb 25, 2020 2:56pm | Post# 3066

5 orders closed us Basket with reduced win

jshear Feb 25, 2020 9:21pm | Post# 3067

Today’s trades closed at reduced TP +2.2 percent


Jeff

marketace Feb 25, 2020 10:10pm | Post# 3068

by my EA you must only change the Magicnumber, the "old" orders are open and the EA work new on the next day. But you must close the "old" orders manually or the orders closed with the TP
OK got it thanks.

ghostbiker Feb 26, 2020 12:11pm | Post# 3069

8 orders active today with London close EA Dashboard

jshear Feb 26, 2020 12:16pm | Post# 3070

6 orders for me on strong settings

ursinho4711 Feb 26, 2020 12:57pm | Post# 3071

6 orders for me on strong settings
3 for me (strong settings): all closed in profit via dashboard basket TP

marketace Feb 27, 2020 1:05am | Post# 3072

3.3% & 62 demo pips on 8 pairs 11 trades in less than an hour; -12% down for the month after a 10% and 30% basket stop loss - now set at 50% to allow for the higher risk settings (0.1 per 1K) ...10% was way too optimistic

jshear Feb 27, 2020 7:12am | Post# 3073

1 Attachment(s)
What a disaster today with the Corona Virus and Brexit. If we get out of this I am going to turn off London Close for a month and disable the Pound Pairs. These markets are much too risky for this strategy. It's a good strategy but in normal times. I have my safety SL set at 60 percent my gains using this strategy over the past 2 months.


Jeff
Click to Enlarge

Name: Screen Shot 2020-02-27 at 7.12.39 AM.png
Size: 93 KB

jshear Feb 27, 2020 9:19am | Post# 3074

What a disaster today with the Corona Virus and Brexit. If we get out of this I am going to turn off London Close for a month and disable the Pound Pairs. These markets are much too risky for this strategy. It's a good strategy but in normal times. I have my safety SL set at 60 percent my gains using this strategy over the past 2 months. Jeff {image}
The London Close hit my max DD of 60 percent. I won't be running this strategy again for a few months. Will focus solely on my manual trading as these type of systems in this crazy environment don't work. Lesson learned.


Jeff

ghostbiker Feb 27, 2020 12:16pm | Post# 3075

4 orders opened today, no GBP pairs

I will the next day's NO trade London close and see what is the problems

all pairs, metal and all other CFT work grazy, only the RangeTrader is working well with personal control

ghostbiker Feb 27, 2020 12:31pm | Post# 3076

1 Attachment(s)
all 4 orders close in profit with reduced Basket TP

Click to Enlarge

Name: Londonclose_02.27.png
Size: 88 KB

ursinho4711 Feb 27, 2020 12:33pm | Post# 3077

4 orders opened today, no GBP pairs
Strong settings, one pair GBPAUD closed with a small basket win

marketace Feb 28, 2020 12:39am | Post# 3078

3% in few hours - max DD 4% trading 2*GBP and 2*EUR pairs..

Sorry to hear of your losses Jeff - a lot of systems are really suffering at the moment...in hindsight 10% basket SL may be the best bet - as in most cases the winning days rarely get more than 5% DD...

ghostbiker Feb 28, 2020 12:15pm | Post# 3079

1 Attachment(s)
5 orders active today and closed with Basket TP fast

Click to Enlarge

Name: LondonClose_02.28.png
Size: 88 KB

ursinho4711 Feb 28, 2020 2:42pm | Post# 3080

poooh... 4 orders GBP pairs finally closed with a small basket profit after being DEEP in red before ;-)
1% this month with a 30 leverage, better than nothing from my bank...

*****correction*****
It's more than 1%, as I had it running with another broker some days and also used another magic number sometimes
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