London close trading system for currencies | Page 110 | Forex Factory

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London close trading system for currencies

  • #2,181
  • Aug 31, 2019 10:08pm Aug 31, 2019 10:08pm
Quoting Aptera
xmess7, I have traded on demo accounts your EA on 3 different accounts. One is making trades, but mostly losses. The two other accounts are showing something wrong. Open Trade Time: 0-6:00 (16:00 GMT) I am using your set files. {image} {image}
When did you start trading?

August 20 was the last time I used this EA. I stopped cause I had two losses, over -6%. I am still running demo and until I see it improve I don't think I will go live .

So yea, we have to wait till the market conditions get better for this approach...
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #2,182
  • Sep 1, 2019 10:53am Sep 1, 2019 10:53am
I am using FxPro and RoboForex. Trades from August 14 to August 16.
Negative results. After that no trades.
  • #2,183
  • Sep 1, 2019 2:16pm Sep 1, 2019 2:16pm
Quoting Aptera
I am using FxPro and RoboForex. Trades from August 14 to August 16. Negative results. After that no trades.
Yup, you are not the only one, I know of other traders that are still trying to use the EA and lately they have not had losses buy the returns are small.. they close out cause the baskets are not moving...

Patience grasshopper... Patience
J
Our AWESOME IMAGINATION is the true holy grail!
  • #2,184
  • Sep 1, 2019 5:36pm Sep 1, 2019 5:36pm
better start new from 09.09.2019 because end of the summer holidays and kick out the GBP pairs
  • #2,185
  • Sep 2, 2019 4:07pm Sep 2, 2019 4:07pm
no orders today
  • #2,186
  • Sep 23, 2019 4:22pm Sep 23, 2019 4:22pm
today with LondonClose EA Dashboard + 2.6%

Attached Image (click to enlarge)
Click to Enlarge Name: LondonClose 09.23.png Size: 91 KB
  • #2,187
  • Sep 24, 2019 1:58pm Sep 24, 2019 1:58pm
today with LondonClose EA Dashboard + 1.4%

Attached Image (click to enlarge)
Click to Enlarge Name: LondonClose 09.24.png Size: 76 KB
  • #2,188
  • Oct 1, 2019 4:23pm Oct 1, 2019 4:23pm
today with London close EA + 6.4%

Attached Image (click to enlarge)
Click to Enlarge Name: LondonClose_10.01.png Size: 77 KB
  • #2,189
  • Oct 31, 2019 1:24pm Oct 31, 2019 1:24pm
YES SIR!! We are back!!! Time to start trading this EA again .

Check out the demo! Its been making profit steadily and only 1 loss in the last 2 months!!

Stay tuned... I will be posting again... And of course I have an updated version too .. I'll give the details soon...

Enjoy!!

NOTE: yes I know the screenshot says start time is 1700 GMT. I been trading 1600GMT but with the EURO time chance I forgot to change it and it still make profit.
So this is an option I am thinking of taking into account....
Attached Image (click to enlarge)
Click to Enlarge Name: 0london.jpg Size: 77 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #2,190
  • Nov 4, 2019 1:30pm Nov 4, 2019 1:30pm
Hi!

First of all congrats to this neat EA. Still in demo mode, but nice profit there...

Just one doubt: sometimes it seems that the EA does not start at 16:00 GMT. My MT4 was running since early morning, other EA worked. At point 16:00 GMT: nothing.

Later I reloaded the EA manually with a two hours time shift and *bingo*: it started to trade. Not very successful, but it started.
Do I always have to load the xm7_Londonclose manually close to 16:00 GMT for it to work properly?

Thanks in advance!

By the way: did anyone ever think of builing a very similar EA "London open"? With some modifications of the rules maybe could work as well...
  • #2,191
  • Nov 4, 2019 4:11pm Nov 4, 2019 4:11pm
Quoting ursinho4711
Hi! First of all congrats to this neat EA. Still in demo mode, but nice profit there... Just one doubt: sometimes it seems that the EA does not start at 16:00 GMT. My MT4 was running since early morning, other EA worked. At point 16:00 GMT: nothing. Later I reloaded the EA manually with a two hours time shift and *bingo*: it started to trade. Not very successful, but it started. Do I always have to load the xm7_Londonclose manually close to 16:00 GMT for it to work properly? Thanks in advance! By the way: did anyone ever think of builing a very...
Hi. I am going to be releasing a new version that addresses that and other minor things. For now I recommend u do a daily reload, that way the EA will have it's time variables in place. .

Good Luck
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #2,192
  • Nov 4, 2019 10:23pm Nov 4, 2019 10:23pm
Quoting xmess7
{quote} Hi. I am going to be releasing ´...
Thanks alot Jess! Again: great job!!!

Another remark/question: GhostBiker once wrote, that we should take out GBP from the list. This was the time of this year with intensive Brexit discussions.
Therefore I understand that the EA works better in a "calm" environment? Taking a look at the news every day we should take out pairs that probably will show a high volatility in the GMT evening?

Good luck for u2!
  • #2,193
  • Nov 5, 2019 1:16pm Nov 5, 2019 1:16pm
Quoting xmess7
Good Luck Jess
;-)

05-Nov-2019:
0,18% (24,8 pips) with the default settings and 5 hours run time
  • #2,194
  • Nov 5, 2019 2:08pm Nov 5, 2019 2:08pm
Quoting ursinho4711
{quote} ;-) 05-Nov-2019: 0,18% (24,8 pips) with the default settings and 5 hours run time
Nice. I grabbed 0.12% just a few minutes ago. The basket was 2 pairs and it had run over 4hrs.

So far up this week.
J
Our AWESOME IMAGINATION is the true holy grail!
  • #2,195
  • Nov 5, 2019 3:18pm Nov 5, 2019 3:18pm
6 orders today 11.05.2019 closed with TP + 2.1%
- closed after 50 minutes with EA -
  • #2,196
  • Nov 6, 2019 12:29am Nov 6, 2019 12:29am
Quoting ghostbiker
closed with TP + 2.1%
Hi GhostBiker!

Thanks for sharing this neat strategy with us. Just two questions, if you do not mind:
1. did you use the default settings?
2. did you use all currency pairs?

Maybe you could share your actual set-file with us? That would be really cool...

Happy trading @all!

(yes, I was reading the 110 pages of this thread, but maybe I missed something important...)
  • #2,197
  • Nov 6, 2019 6:11am Nov 6, 2019 6:11am
my Expert Advisor London close trading is others and the settings not the same us from xmess7

I trade in this time 21 pairs us following

Attached Image (click to enlarge)
Click to Enlarge Name: London close EA.png Size: 75 KB
  • #2,198
  • Nov 6, 2019 6:33am Nov 6, 2019 6:33am
Thanks for the quick reply!

Quoting ghostbiker
my Expert Advisor London close trading is others and the settings not the same us from xmess7
..and what might be the secret of your EA and your settings compared to what xmess7 is using...

Happy trading! 87 minutes to go ;-)
  • #2,199
  • Nov 6, 2019 7:18am Nov 6, 2019 7:18am
Quoting ursinho4711
Thanks for the quick reply! {quote} ..and what might be the secret of your EA and your settings compared to what xmess7 is using... Happy trading! 87 minutes to go ;-)
There are no secrets.
The xm7 EA follows the rules according to pg1.
It uses the rules that are placed for the trader and NOT the ones u see for an EA.

I believe ghost's EA works as a tool that you use to pull the trigger with when it detects that a pair has met requirements. I would not doubt that it can also take the trades automatically but I think ghost trades manually and uses some discretion or other approach.

In the case of the xm7 EA it will automatically scan all the pairs u list in the inputs and if they meet the requirements it will then proceed to open the pair with the corresponding pending order and stops etc etc.

At most the biggest difference is that the EA includes money management and allows u to treat the trades as a basket.

With that said stay tuned.... New version coming up
Peace
J
Our AWESOME IMAGINATION is the true holy grail!
  • #2,200
  • Nov 6, 2019 10:11am Nov 6, 2019 10:11am
Quoting xmess7
There are no secrets. The xm7 EA follows the rules according to pg1. It uses the rules that are placed for the trader and NOT the ones u see for an EA.
Thanks, I really hoped for this answer...

************

No trades today
At least WTI was very volatile and saved my day...
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