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Attachments: Hanging out the daily on the close line
Exit Attachments

Hanging out the daily on the close line

Here are todays trades...looks super good.

USDCAD, CADCHF, CADJPY all are entries except the high/low band is facing inward so no trade.

Chris

Attached Image (click to enlarge)
Click to Enlarge Name: trades.jpg Size: 22 KB
This is an EA
Attached to only one chart, such as EURUSD, the time frame is greater than 4H. At the same time, 28 pairs of currencies can be traded, and they can be set up by themselves.
Order Rule: When the closing price of the last candle is less than 5 PIPS from the lowest price, make a long order.
When the closing price of the last candle is less than 5 PIPS, make a short order.
Exit mode: After the opening of the new candle, close all orders, regardless of profit or loss.

Fixed stop 50 pips, and a special basket tracking stop is used.
Attached File
File Type: ex4 One Candle Trading.ex4   34 KB | 138 downloads
Quoting yczzd
This is an EA Attached to only one chart, such as EURUSD, the time frame is greater than 4H. At the same time, 28 pairs of currencies can be traded, and they can be set up by themselves. Order Rule: When the closing price of the last candle is less than 5 PIPS from the lowest price, make a long order. When the closing price of the last candle is less than 5 PIPS, make a short order. Exit mode: After the opening of the new candle, close all orders, regardless of profit or loss. Fixed stop 50 pips, and a special basket tracking stop is used. {file}...
Thank you yczzd for the EA

I can not use an EA with my schedule...I close my computer down during work.

I would suggest making the open and close time flexible and the SL flexible.

Did you address the slope of the outer bands to filter trades like Go5 did?

Can you explain the basket tracking stop a little more.

Thanks again for your work here.

Chris
Quoting cfudge
{quote} Thank you yczzd for the EA I can not use an EA with my schedule...I close my computer down during work. I would suggest making the open and close time flexible and the SL flexible. Did you address the slope of the outer bands to filter trades like Go5 did? Can you explain the basket tracking stop a little more. Thanks again for your work here. Chris

Consider adding start and end time settings in the next version.
Stop loss can be set according to your needs and can be adjusted by FixSLPips.
Slope filtering is not used.
When multiple positions are opened, the total profit reaches a certain level and stops are tracked, which can be adjusted by FixSLPips. The calculation formula is as follows:
TrailValue = Accprofit/(4-MathPow (TrailFlag, 1.0/3.0))
EA parameter settings:
Extern ENUM_TIMEFRAMES TF = PERIOD_H4;
Extern double BasicLot = 0.02;
Extern double FixSLPips = 50;
Extern double DeltaPips = 5;
  • Post #45
  • Quote
  • Edited at 1:23am Feb 3, 2019 12:31am | Edited at 1:23am
OK so I have spent friday and saturday on the laptop, running strategy tester and manually seeing how many pips were won or lost on all set-ups on all 29 pairs.

I was very strict on the 5 pip from close to high/low. Also the rule of no trade if outer bands are pointing inwards. I tested every pair from October 1st 2018 until now.

I wasn't convinced, from my live testing so far, that every pair could just be traded blindly and expect to win in the long run. I was surprised at the results, mostly that

Gold gave the biggest loss. Also that the currencies were across the board, so, not all GBP or JPY pairs were good and things like that.

What follows is a list of all pairs with a positive result (again in pips)...

Chris

NZDJPY 89 PIPS
EURUSD 135 PIPS
USDJPY 104 PIPS
AUDUSD 380 PIPS
EURAUD 475 PIPS
GBPCHF 239 PIPS
GBPUSD 317 PIPS
CADCHF 135 PIPS
GBPCAD 178 PIPS
GBPAUD 249 PIPS
NZDUSD 120 PIPS
EURCAD 272 PIPS
EURNZD 55 PIPS
AUDCHF 114 PIPS
AUDCAD 79 PIPS
EURJPY 190 PIPS

Thats a total of 3131 pips.
Quoting yczzd
This is an EA Attached to only one chart, such as EURUSD, the time frame is greater than 4H. At the same time, 28 pairs of currencies can be traded, and they can be set up by themselves. Order Rule: When the closing price of the last candle is less than 5 PIPS from the lowest price, make a long order. When the closing price of the last candle is less than 5 PIPS, make a short order. Exit mode: After the opening of the new candle, close all orders, regardless of profit or loss. Fixed stop 50 pips, and a special basket tracking stop is used. {file}...
EA Update
Attached File
File Type: mq4 One Candle Trading v10.mq4   24 KB | 185 downloads
Made 117 net pips yesterday with the latest EA. All of the trades closed before the daily candle closed. How is the TP configured in this version?
Quoting ChicagoRob
Made 117 net pips yesterday with the latest EA. All of the trades closed before the daily candle closed. How is the TP configured in this version?
Thank you for report.

TP has never been used. There are three ways of exit:
1. SL withdrawal;
2. Basket tracking stop exit;
3. Start a new candle, close all orders regardless of profit or loss.
Quoting ChicagoRob
Made 117 net pips yesterday with the latest EA. All of the trades closed before the daily candle closed. How is the TP configured in this version?
Hi Rob

Way to go, this wasn't on the daily was it? Or H4?
Quoting yczzd
{quote} Thank you for report. TP has never been used. There are three ways of exit: 1. SL withdrawal; 2. Basket tracking stop exit; 3. Start a new candle, close all orders regardless of profit or loss.
Thanks for the clarification. Looks like only one trade closed via SL. Apparently, the rest closed with Basket tracking stop exit.
Quoting cfudge
{quote} Hi Rob Way to go, this wasn't on the daily was it? Or H4?
Yes, always on the daily. I want to build up a decent size trade history, so I can find the most consistent pairs.
Quoting ChicagoRob
{quote} Yes, always on the daily. I want to build up a decent size trade history, so I can find the most consistent pairs.
Did you see my list a few posts back?
27 net pips yesterday. So far, so good. I'm tempted to run another demo on H4, since there would be a lot more setups.
Just fired up an H4 demo. Let's see how it does compared to D1.
  • Post #55
  • Quote
  • Edited Feb 7, 2019 2:13am Feb 6, 2019 8:53am | Edited Feb 7, 2019 2:13am
Quoting ChicagoRob
Just fired up an H4 demo. Let's see how it does compared to D1.

Fixed some errors about basket trading.
Quoting yczzd
{quote} Fixed some errors about basket trading. {file}
What were the errors?
Quoting ChicagoRob
{quote} What were the errors?
Basket tracking stops are enabled only when there are multiple orders at the same time.
Several trades today

Chris
Attached Image (click to enlarge)
Click to Enlarge Name: t.jpg Size: 31 KB
EA Update(last version delete)

Everybody, Please update it in time and do not use the previous version.

Please update it in time and do not use the previous version.
The new version (v11) fixes a BUG, which may place two orders at the same time.
In addition, a filter condition is added. When placing an order, the body of the first candle must have a certain height.
Attached File
File Type: ex4 One Candle Trading v11.ex4   35 KB | 188 downloads
Quoting ChicagoRob
{quote} What were the errors?

Hi,Rob
How was your result last week?
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