I like what I see. When calculating the first TP, do you add the total pips in the opening candle to the 20 pips to get the first TP? Also, do you use a trailing stop? Thank you.
- Joined Jan 2012 | Status: Member | 854 Posts
hello This is the first version of the EA , the sittings are : Lots = 0.01 starting lot TakeProfit=40 (Take profit in pips ) POINTS = 4 (points over and lower the bar to place the orders - here : high + 4 points ) BAR_MAX = 50 maximum bar volume in points (over than it , no order will be placed ) BAR_MIN =25 minimum bar volume in points (lower than it ,no orders will be placed ) {file}
here my first deal using this EA; 0,01 Lot
and first pending order; 0,02 Lot
MagicNumber is the same for all underlyings or have I to change them?
edit 15:23 GMT
additional deals
now 2 pending orders
{quote} thank you Waddah for EA #23 here my first deal using this EA; 0,01 Lot {image} and first pending order; 0,02 Lot {image} MagicNumber is the same for all underlyings or have I to change them? edit 15:23 GMT additional deals {image} now 2 pending orders {image}
hi Isabella
glad for the good news , but be carefull , this EA is not complete yet it dose not cover all the possibilities .....
this EA should start after the first 4 hours when the market open at Monday ...
what I have 2 Ideas about this EA , and it maybe different from the idea of (Noor16) , is :
1- after winning 40 pips , The EA close half of the order and put the SL on entry point (some time it make around 100-150 pips)
2- put the Take profit 20 pips only and run the EA on 20 pairs this mean 400 pips (but this need much work on money management)
3- consider the length of the first 4H candel as recovery zone (but also need work to fined the maximum multiply ...)
if you have and idea , its welcome ...
- Joined Jan 2012 | Status: Member | 854 Posts
{quote} hi Isabella glad for the good news , but be carefull , this EA is not complete yet it dose not cover all the possibilities ..... this EA should start after the first 4 hours when the market open at Monday ... what I have 2 Ideas about this EA , and it maybe different from the idea of (Noor16) , is : 1- after winning 40 pips , The EA close half of the order and put the SL on entry point (some time it make around 100-150 pips) 2- put the Take profit 20 pips only and run the EA on 20 pairs this mean 400 pips (but this need much work on money...
1- good idea to take 50%profit after 40pips and SL on entry
2- I would prefere same rules like point 1 for all pairs and XAU and indis - but for free choosing underlyings as trader likes (and his pocket allows
)3- for the rest of trade (50%) tp=100 pips and SL entry, after 50 Pips trailing SL = entry+20 Pips
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your post #31 seems to bee interesting, agree and I will try it out
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Waddah could you please give numbers for your EA after new version? First_4h_Var1 ... or simular?
Good morning all , hope it to be good week for all
will answer your questions , but pls keep in mined that this EA is not complete yet ,
1- Isabella
- you are right about given differnt numbers to each version (shall be done )
- For Multi pair version , the user can select the pairs - it is easy
- for the 20 pips , my idea was to grant 20 pips (or as the user want) , then let the price go
2- N O O R 16
The last copy dose not have SL , it will activate the opposite order and close all at profit ( we can add it )
BUT THE RESULTS TILL NOW SO FAR SO GOOD
*********************the new things to be discussed :
1- The gap : haw we should deal with it ?
2- we have 2 Candles :
Candle 1 (Photo 1 ) : the last 4H candel in the last week (the new week start from it in some brokers)
Candle 2 (Photo 2 ) : the first 4H candel in the week
So , what I thought to solve this problem :
if Candle 1 > Candle 2 : will consider it's high and low
if Candle 2 > Candle 1 : will consider it's high and low
What u think ????
******************************************************************
The final version will cover all points ,and will add some decorating too ,
Honestly , i don't know haw i involved in this EA , i just make fast test and found that it is worth to be followed to the end , (Thanks Noor )
by the way , the Drawdown is also small (not more than 18%) , because with each pair you have 2 or 1 order per week ....
will answer your questions , but pls keep in mined that this EA is not complete yet ,
1- Isabella
- you are right about given differnt numbers to each version (shall be done )
- For Multi pair version , the user can select the pairs - it is easy
- for the 20 pips , my idea was to grant 20 pips (or as the user want) , then let the price go
2- N O O R 16
The last copy dose not have SL , it will activate the opposite order and close all at profit ( we can add it )
BUT THE RESULTS TILL NOW SO FAR SO GOOD
*********************the new things to be discussed :
1- The gap : haw we should deal with it ?
2- we have 2 Candles :
Candle 1 (Photo 1 ) : the last 4H candel in the last week (the new week start from it in some brokers)
Candle 2 (Photo 2 ) : the first 4H candel in the week
So , what I thought to solve this problem :
if Candle 1 > Candle 2 : will consider it's high and low
if Candle 2 > Candle 1 : will consider it's high and low
What u think ????
******************************************************************
The final version will cover all points ,and will add some decorating too ,
Honestly , i don't know haw i involved in this EA , i just make fast test and found that it is worth to be followed to the end , (Thanks Noor )
by the way , the Drawdown is also small (not more than 18%) , because with each pair you have 2 or 1 order per week ....
- Joined Jan 2012 | Status: Member | 854 Posts
this weeks closed deals
all ok
instance how EA #31 works
all ok 
@Waddah #37
in case of this EA (W1, H4)
I would prefer not to care about gaps (no special rules)
instance how EA #31 works
@Waddah #37
in case of this EA (W1, H4)
I would prefer not to care about gaps (no special rules)