The Gorilla Method

Nice bro

Congratulations, but why didn't you follow the call I made

Good luck bro

Good luck bro

She will enter your wallet bro.

Congratulations I am happy to see your spirit bro

VS CADCHF!!!!!!

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Congratulations bro I'm glad to see your smile

yeah, I just personally don't trade any pair that has CHF in it.

Thank you bro, nice call

Thats interesting Imi ... any reasoning for that?

I only ask as ive never had much luck with CHF pairs in any of the strategies used to date (or at least they seem to provide more losses than other pairs, possibly just coincidence). Maybe Gorilla will change that hit rate on CHF for me

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Aloha everyone,

I modified one of my other EA’s to the Gorilla trading rules. To run this EA, put the nonlagdot file in the indicators folder and compile, put the currencySignals file in the include folder (do not need to compile), and the Gorilla_EA_v1.0 in experts folder and compile. Entry rules and exit rules are in the comments at the top of the EA code.

I also added a few options and additional features:

- AutoMagicNumber: if this is true, you don’t need to assign a magic # for all major pairs and major crosses. If false, you can pick a magic #. This is useful if you want to stay in a position longer term and add to it, remove the EA, then set a new EA with AutoMagicNumber = false and you can assign a new magic #. If the EA closes out the 2nd position due to trading rules, the first will be open still (since different magic #).
- longTarget / shortTarget: manually set these is you want to get out at a specific price. I like to set at swing highs / swing lows as that’s where people usually put SL and it’s a good place to exit as SL are run.
- wantLongs / wantShorts: self-explanatory
- useNLD filter: non lag dot (NLD) is evaluated on 5 and 15 min charts. Both must indicate up for longs. If price is falling on 1 hr chart at/near EMA30, and useNLD = true, then EA will not enter till price heads up on 5, 15 min TF’s.
- pipsFromEMA: number of pips from EMA30 to enter trade (assuming other criteria is met). Set to 0 to enter at EMA30.
- X offset: this is for moving the text on the right of the EA if it doesn’t fit on your screen.
- use_sl_and_tp: if true, both values must have a value other than 0. If you want 30 pip SL and don’t want to use a TP, put TP as a large amount (200 or something). If you put 0, then it will TP at the ask and exit right away
- trailStop_std: self-explanatory
- MaxSpread: self-explanatory

There is also a feature for preventing new trades beyond weekly R2 or below weekly S2, or if in a position to exit there at the R2 or S2. I’ve done statistical analysis, and the probability of closing beyond the weekly R2 / S2 is not that high so best to exit or stay out.

The EA also shows the strength for each currency which make up the currency pair from the 5 min to 4 hr TF’s. The strength goes from -7 to 7 for each currency. So if you have EUR = 5, USD = -6, the difference is 11, which is a pretty good trend. I think that entering only long when the difference in trend is strong on 4 hr or 1 hr might be the way to go. Right now these currency strength numbers do not affect the EA trading logic, but I may incorporate it into future versions. This can hopefully filter out the chop and only get in on longer term trends.

In the next version, I plan on adding a feature to write to a .csv file when every trade is entered the currency strength values, and then later write to a file when the trade was closed and reason for closing (4 < 15 EMA, etc.). I think having data like this will help guide us to when the EA is trading well (in good long term trends, etc.).

Let me know if anyone has any questions, or thoughts how to improve the EA.

Regards,
EZcurrency

Hahahaha so you guys hate CHF , hoppy gorilla can help you to find a way out.

Thank you for your hard work bro, I hope your robot can help many traders who are busy working in the office so they can only rely on robots. I personally prefer dealing with my laptop while joking with friends in the forum.

Regards

It's been a long time since I am not interested trading chf pairs , too slow, highly manipulated by the SNB
you can google the SNB intervention back in 2015 when eu/chf dropped 2000 pips in a matter of minutes.
There are other good pairs I am just not interested.

Yeah sure ... fair enough.

I certainly do remember the SNB events in 2015! ... I had only been in forex a short time and had some very very small shorts on EURCHF ... madness.

She certainly is bro! ... 88 pips and climbing!

Im tempted to take the pips and run ... but rules say shoot for R3 ... or is this one of those time i should look to cut profit if it cant break higher after a few attempts?

Bro, never close a position that is printing money, follow the rules bro. R3 you go

Almost R2