London close trading system for currencies

Got it
Probably the different broker plus I use the iAtr() in metatrader to calculate the add. Even thought it is not much different than the standard way of calculating the daily range average yours may be different too. I noted that some indicators will take several daily averages and then take those add them up and get an average of the an average .. so therecar a couple of ways to get that number and they will be different.

As for the EA I built you can easily verify the results. First the EA tells u in the logs exactly the fivs it found and the calculations then u just slap each pair on the chart with the indicator and Bam you got the two answers. So far in the last two weeks the EA answers match the chart answers. ( Even when I was using the max ADR wrong lol).

About the only other thing that can change the answers is if I were to use the "EA" requirements you have on oage1. I decided not to use those so the EA would work just like we do..... Perhaps that may also be different in your EA??

All is good.. can hardly wait to put this one on a real account and watch the account grooowww..

Thank you alot.. ghost...

the orders are not closed now, still open

xmess7: I can make a pic from the ADR Dashboard tomorrow and you can control
by every pair our ADR with your ADR

I make the picture exactly 16:00 GMT

thnx

London close Expert Advisor: 5 orders us basket closed from yesterday + 1.8%

@xmess7: here the ADR today 15:56 GMT

London close open orders today with EA 3 orders active

Thnx ghost.

Well they are different. My calculations are different to what you are showing.

in general my adr numbers are lower than what you are displaying. I assume your dashboard is show points and not pips. So the lowest ADR value on your dashboard I saw was 52.1 pips for AUDUSD and CADCHF

so here are my results (all were checked against the charts and were in agreement with EA results)

6 Pairs failed ADR (Less than 50 pips)
AUDCHF: 49.2 pips
AUDUSD: 47.1 pips
EURCHF: 49.4 pips
EURGBP: 47.7 pips
NZDJPY: 47.4 pips
NZDUSD: 46.9

5 pairs where not in any of the zones
AUDJPY EURAUD GBPCHF GBPUSD USDJPY

4 pairs failed the 8 pip requirement
EURJPY EURUSD GBPAUD GBPJPY

1 pair was traded (market and limit order was filled)
USDCHF

Just out of curiosity, I can post the code I use to calculate the ADR (both ways, metatrader and regular).
If you can, would you show the code to your coder and let him/her compare to what they are using in your EA?
As far as I know the calculations I am using are fairly straightforward, so I don't see them being incorrect. But perhaps there is something I am missing
with the other types of ADR calculations (like average of averages).

J

yes the ADR in the Dashboard is points

the 3 orders London close are still open

today we have not made new orders

tomorrow again

LondonCloseEA update.

Profit +1.0%

I got two buy trades, no limit orders were filed today
GBPAUD abd GBPCHF
Both met all requirements. (8 pip distance, ADR greater than 50 and in the buy zones).
See images. Please check to see that the fibs are correct too. Thank you

All other pairs either failed ADR, 8 pip requirements or where out of the zones.

Double checked all charts and there were no errors.
I will be releasing this EA by the end of this weekend.
I don't know if I will have time to add the finishing touches (panel display with big ole red BUTTON LOL).
But it will be available for use.. has anyone tested the TotalProfit/TotalStoploss inputs? That is supposed to treat the
group of pairs as basket.

excuse I've made an mistake the London close EA had made orders today again
- I have delete the false dashboard -

here the orders:

1. GBPCHF buy 1.23716 close 1.23916 16:43 GMT
2. GBPAUD buy 1.82787 close 1.82958 17:36 GMT
3. GBPNZD buy 1.92307 close 1.92486 17:36 GMT
4. EURCHF buy 1.10726 close 1.10811 17:36 GMT

total + 4.5% = + 63 Pips

Good day..

This strategy seems interesting. I've been going thru the thread and noticed the EA has been deleted. Is there another EA available or is it only to be done via manually..?

Thanks...

the 3 open orders from 21th of June close in minus net minus 0.7%

today run the EA London close 16:00 GMT again

Hi..

Could you point me to the EA mentioned?

Samuel84, it is Ghostbiker personal EA, which not freely available but can subscribe to him.

But Xmess is testing the one he coded, which he gracefully promised releasing at the end of this weekend as per his post
https://www.forexfactory.com/showthr...5#post12347885.

Thank you Jess for youcommitments to helping traders with your free tools and also for your support
and assistance to traders on how to effectively use these tools

Folks just wanted to add that this was a project I had intended to start early when this thread had just started. It was during the period where folks were asking tons of questions on how to tell what gmt was on the indicator that swingman the as developing.

What I saw was a need for an EA that would take a list of pairs and do the fib analysis on my each and based on the rules on page 1 determine if a trade was to be made. In addition the EA would allow the user to treat the open trades as a basket and so the take profit/stop loss based on that.

So anyway I have accomplished this. The EA is a able to perform exactly as the rules in page 1 and it can also close trades as a basket. Hec I even have e big ole "close trade(s) " button on the display lol!!!

Last nite I put the finishing touches and I will release it for sure by the end of this week. There may still be some feature I missed but they will have nothing to do with the trade operation.

PEACE
Jess

Ic..ok..noted..