EA development journal

Find an EA Shell that I got from steve hopwood and I hacked it for about two years, so that it could be able to monitor invidual trades and allow one to setup tp sl for each trade rather having one set for all trades. I believe it has great potential with a powerful strategy

EA link
Channel EA
https://www.sendspace.com/file/5xl9va

trade explorer created

Hello, thank you for the EA

What are the settings for the Equity stop loss Trailer?

ty

default

https://www.sendspace.com/file/oygmox

EA has been updated
I am failing to upload
too big

not bt?

Hi, thank you for posting. Looking forward to testing this EA out and maybe provide some feedback on additions to improve the profitability.
Best Regards,Tzamo

please how we trade this strategy manually,because personally i don't like the idea of trading based on EA.....i like to know how to trade the strategy manually

bt = ,,,,,,,,,,,,,,

I use 5/10 EMA cross over on H4 to identify the trend.

H4:
Up trend : 5/10 EMA cross up
Down trend : 5/10 EMA cross down
the modification done is this .only send a buystop only when the price of that buystop is above 50 simple moving average on a 5 min chart.
vice versa for sells
this morning it has the following trades open . also jumping stop loss was calculating wrongly which caused big drawdown yesterday
lastly buy trades will closed if 50 SMA is 80 pips above buy price and bid is 30pips below 50SMA.vice versa sells
the modification done is this .only send a buystop only when the price of that buystop is above 50 simple moving average on a 5 min chart.
vice versa for sells
I observed EA close two GBPCHF sell positions while there was
a buy with huge draw down . I have increased the number of pips needed to open a second position .91 pips
Also observed GBPCAD rightly close two sell position when price went north at news but failed to open a sell
when price within 5 min turned back south . have written code for that
Now in forex there has been two blood bath .swiss franc depeg from euro and brexit.
these events blew trading accounts. alpari uk closed. I have tried to protect your account from these disasters.

The EA will open a sell when moving average indicate sell trend.
Then at same time three buystops open . the distance is such that under normal
trading conditions The trade never occur but if you have brexit situation they open hopefully saving your account from blowing .
so in your situation a sell open and then closed . the buystops expire after 720 hours or deleted if moving average indicate
the trend has now turned to buy
its up to you .
the ea closes a trade after a trend started and the trend exhausted .
if ea opens a buy it means moving average have analysed a up trend
but as happens in forex the trend does not start and moving average
indicate a down trend the ea will open a sell. eventually a trend will start
and that trend will exhaust and ea will close trade . if trend restarts it will
reopen.
so key point is how I have determined exhaustion level .
here it is
example
a buy
if simple moving average 50 SMA on 5 min chart is 80 pips above the buy'
open price
also if market price moves 30 pips below 50SMA close buy only .

Thanks ..

I have tried to fix a bug that keeps deleting pending orders.
Otherwise the strategy seems fine

https://www.sendspace.com/file/gvwe5y

version 2.2

http://www.stevehopwoodforex.com/php...160143#p160143


Quoting wayne
I use a trend finding system Start right - Finish great.

I attach a pic below of what I watch. Each timeframe has 3 indicators on it, note the MACD settings, all 4 charts need to agree with all three indicators on each chart making 12 instances that need to show conccurence before a trade.

H4 includes HGI, which helps entering and re entering and determining how far I can push my luck with a turning trend?
I run this on M15 and M30 for entries and exits when complies with trend dictated by H1 and H4, or H4 and Daily,

Template is H4 template file, adjust indicators as required for your trading style.
MACD and ZigZag were modified for my trading style, but should suit all.

I'm sorry i'm new to basket trading. So i set up the EA on 24 different charts? and then 25th is the trailing stop? All left on default settings?

correct

https://www.sendspace.com/file/dw0tw7

finally cleared the bug. (deleting pending order)
phew
Following up on functions being called . I was blinded to which ones were being called .
any V3.3 link.
file is 0.8Mb

hopefully u can compose all currencies trading symbol in one chart only.

I am trying to do so.

one can choose to trade only liquid pairs
or trade uncorrelated pairs
I don't trade eurnzd or gbpnzd eurchf

liquid pairs