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Early Morning BreakOut Strategy

  • #21
  • Sep 7, 2017 4:50am Sep 7, 2017 4:50am
Beautiful trade this morning EURUSD
  • #22
  • Sep 7, 2017 4:55am Sep 7, 2017 4:55am
Quoting rg83
Beautiful trade this morning EURUSD
14 pips not bad
AUDCAD is a pending trade right now!
Good trading everyone
  • #23
  • Sep 7, 2017 6:46am Sep 7, 2017 6:46am
Hi rg83..
What about you, what time do you set the end time and end pending time at ? So my trading result will be like yours. And do you change other setting of EA or still leave it default ?
Gambling = 0% skill, 100% luck. Trading = 1% skill, 99% luck.
  • #24
  • Sep 7, 2017 7:25am Sep 7, 2017 7:25am
Quoting Shakka
Hi rg83.. What about you, what time do you set the end time and end pending time at ? So my trading result will be like yours. And do you change other setting of EA or still leave it default ?
No change in setting, my Frankfurt open time is 2 AM in canada, Start time is 1 AM, End Time and End pending I set it to 14 pm.
Setting :
FrankFurtTime : 2
StatTime : 1
EndTime : 14
Enpending : 14

Thanks
  • #25
  • Sep 7, 2017 10:55am Sep 7, 2017 10:55am
AUDCAD order triggered! Ā suivre
  • #26
  • Sep 7, 2017 1:32pm Sep 7, 2017 1:32pm
Quoting rg83
{quote} No change in setting, my Frankfurt open time is 2 AM in canada, Start time is 1 AM, End Time and End pending I set it to 14 pm. Setting : FrankFurtTime : 2 StatTime : 1 EndTime : 14 Enpending : 14 Thanks
Hi rg
For me: Frankfurt open time 06.00 GMT, Sweden 08.00 (I live in Sweden), Brooker time IC market 09.00 so my settings
Attached Image

Is this correct, from Your firs post we should use brooker time, not computer time. But endtime/endpending on Your first post is 3 hours after Frankfurt open. On this post it is 12 hours after Frankfurt open.
No trades for me today but an error under expert tab
Attached Image (click to enlarge)
Click to Enlarge Name: ss.JPG Size: 59 KB

Donīt no way. Maybe I should test another brooker.
What brooker do You use? If I test with it I can compare my trades with Yours.
Best wishes
  • #27
  • Sep 7, 2017 5:22pm Sep 7, 2017 5:22pm
In your metatrader the frankfurt open time is 9 am. If yes, your setting is correct!
my broker is Oanda GMT-5
the error occur when EA try to send order and not able to set the stop loss or your spread is so high. You can change tolerance to 7 or 8 if your spread is so high. But the EA is recommended to work with low spread 2-3 pips.
thank you
  • #28
  • Sep 8, 2017 11:12am Sep 8, 2017 11:12am
Thanks for Your answer. IC has low spread. But I will test Oande next week. About endtime/ endpending from post 1

"Example: Frankfurt market open at 2:00 AM and your MT4 terminal says 9:00 AM, you must apply the setting for StartTimeFrankfurt :9
StartTime must be always hour before frankfurt market Open, in our example StartTime: 8
EndTime and EndPending should be the same for example :12"

From post 24
FrankFurtTime : 2
StatTime : 1
EndTime : 14
Enpending : 14

On post 1 it`s 3 hours between Frankfurt open and end time, on post 24 it`s 12 hours. What do You recoomed?
  • #29
  • Sep 8, 2017 12:15pm Sep 8, 2017 12:15pm
Sorry to say, it is not a profitable EA..
Don't waste your time guys..
Gambling = 0% skill, 100% luck. Trading = 1% skill, 99% luck.
  • #30
  • Sep 8, 2017 2:04pm Sep 8, 2017 2:04pm
Quoting Elovv
Thanks for Your answer. IC has low spread. But I will test Oande next week. About endtime/ endpending from post 1 "Example: Frankfurt market open at 2:00 AM and your MT4 terminal says 9:00 AM, you must apply the setting for StartTimeFrankfurt :9 StartTime must be always hour before frankfurt market Open, in our example StartTime: 8 EndTime and EndPending should be the same for example :12" From post 24 FrankFurtTime : 2 StatTime : 1 EndTime : 14 Enpending : 14 On post 1 it`s 3 hours between Frankfurt open and end time, on post 24 it`s 12 hours....
Thanks Elovv, setting in post# 24 is my own setting. it depends to where you are living.
You have to know when the Frankfurt market open hour in your metatrader then you can set up all the rest
Thank you again!
  • #31
  • Sep 8, 2017 2:10pm Sep 8, 2017 2:10pm
Quoting Shakka
Sorry to say, it is not a profitable EA.. Don't waste your time guys..
Hi, this Post is opened to improve the EA and the strategy, you are not forced to use my EA and waste your time. how do you know it is not a profitable EA...?
  • #32
  • Sep 8, 2017 11:59pm Sep 8, 2017 11:59pm
Thanks!
But endtime?
Start time 8
Frankfurt 9
Endtime ????
Regards
  • #33
  • Sep 9, 2017 12:41am Sep 9, 2017 12:41am
Quoting Elovv
Thanks! But endtime? Start time 8 Frankfurt 9 Endtime ???? Regards
If your Startime is 8 and Frankfurt 9, you can set Endtime to 14 hour before NY open and Endpending to 18.
thanks
  • #34
  • Sep 9, 2017 1:27pm Sep 9, 2017 1:27pm
Pls help what should be my settings?

My broker time at Frankfurt open is 1230pm
My Market opens 0845am
My Market closes 1500pm
  • #35
  • Sep 9, 2017 3:09pm Sep 9, 2017 3:09pm
Quoting eevra
Pls help what should be my settings? My broker time at Frankfurt open is 1230pm My Market opens 0845am My Market closes 1500pm
Startime : 11
Frankfurt : 12
Endtime : 19
Endpending : 19
  • #36
  • Sep 11, 2017 7:40am Sep 11, 2017 7:40am
Quoting rg83
AUDCAD order triggered! Ā suivre
The EA has closed the order as the market is ranging
  • #37
  • Sep 11, 2017 10:44am Sep 11, 2017 10:44am
This week I continue test with IC market and start test with Oanda with the pairs from post 1.
No trades today.
  • #38
  • Sep 11, 2017 11:18am Sep 11, 2017 11:18am
Quoting Elovv
This week I continue test with IC market and start test with Oanda with the pairs from post 1. No trades today.
Thanks! Yes no trade today
  • #39
  • Sep 12, 2017 6:15am Sep 12, 2017 6:15am
Quoting rg83
{quote} Thanks! Yes no trade today
Profitable trades today
  • #40
  • Sep 12, 2017 8:43am Sep 12, 2017 8:43am
Quoting rg83
{quote} Profitable trades today
I see, congratulation, a trade with usdchf. Which pairs do you trade? I only have the four pairs from post 1. Today no trade Oanda, IC one eurusd. I will add the pairs from your trade explorer.
Regards
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