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London close trading system for currencies

  • #2,401
  • Nov 28, 2019 4:14pm Nov 28, 2019 4:14pm
Quoting jshear
Hi Xmess7 is it possible to add to pending trades pips from original trade so for example if we want to set them to enter 50 pips apart and is it possible to add how many pending trades we can have in the grid. So for example we can have 2 pending trades per currency pair? Thanks Jeff
My pet peeve statement lol. "is it possible to add"

Anything is possible. So you mixed two ideas with your statement, please one ideas at a time.
I guess you want this???

1. An input that tells the EA to set the pending order at x pips from market order vs the standard as stated in pg1.

2. An input that tells the EA how many pending orders to activate.

Is this correct?
Our AWESOME IMAGINATION is the true holy grail!
  • #2,402
  • Nov 28, 2019 8:34pm Nov 28, 2019 8:34pm
Quoting xmess7
{quote} My pet peeve statement lol. "is it possible to add" Anything is possible. So you mixed two ideas with your statement, please one ideas at a time. I guess you want this??? 1. An input that tells the EA to set the pending order at x pips from market order vs the standard as stated in pg1. 2. An input that tells the EA how many pending orders to activate. Is this correct?

Yes this is correct.


Thanks

Jeff
I EAT PIPS
  • #2,403
  • Nov 29, 2019 11:25am Nov 29, 2019 11:25am
6 orders today closed after 5 minutes with + 3% us daily Basket TP
  • #2,404
  • Nov 29, 2019 11:29am Nov 29, 2019 11:29am
Quoting ghostbiker
6 orders today closed after 5 minutes with + 3% us daily Basket TP
6???
...and which ones?
  • #2,405
  • Nov 29, 2019 11:32am Nov 29, 2019 11:32am
..probably all GBP pairs ;-))))
  • #2,406
  • Nov 29, 2019 11:40am Nov 29, 2019 11:40am
Yes all pound pairs.
I EAT PIPS
  • #2,407
  • Nov 29, 2019 12:15pm Nov 29, 2019 12:15pm
All 6 orders closed with .21 percent gain running at .50 lots per 50K account. Ghostbiker is running .1 lots per 1K account so 10 times leverage per trade. So at that leverage I would have made 2.1 percent.



Cheers

Jeff
I EAT PIPS
  • #2,408
  • Nov 29, 2019 12:53pm Nov 29, 2019 12:53pm
0.21% to 50K is good in 5 minutes :-)

yes all 6 GBP pairs (not EURGBP)
  • #2,409
  • Nov 29, 2019 1:01pm Nov 29, 2019 1:01pm
Quoting ghostbiker
0.21% to 50K is good in 5 minutes :-) yes all 6 GBP pairs (not EURGBP)
Yes very good. You have more risk tolerance than me. Today was a good day. Have a nice weekend.


Cheers

Jeff
I EAT PIPS
  • #2,410
  • Nov 30, 2019 12:34am Nov 30, 2019 12:34am
EA UPDATE v34

EA and INDICATOR UPDATES Files located at:
https://github.com/xmess7/LondonCloseEA
EA: Version 34

As requested added code to allow for the following:

1. New input "PendingPipDistance"
- tells the EA to set the pending order at x pips from market order vs the standard as stated in pg1.
(Be aware that once you change this "pip distance" the EA will not be following the minimum rule of 8 pips(use to be 10 pip) for limit order separation from
market order as indicated on pg1.)

2. New input "PendingNumberOfOrders"
- tells the EA how many pending orders to activate.

I left version 33 for in case you need to "role" back.

Any Issues or questions please let me know.

Have fun...
PEACE
Jess
Attached File(s)
File Type: txt POST_WITH_LONDONCLOSE_EA_UPGRADE.txt   < 1 KB | 167 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #2,411
  • Edited 6:37am Nov 30, 2019 5:49am | Edited 6:37am
Quoting xmess7
EA UPDATE v34 EA and INDICATOR UPDATES Files located at: https://github.com/xmess7/LondonCloseEA EA: Version 34 As requested added code to allow for the following: 1. New input "PendingPipDistance" - tells the EA to set the pending order at x pips from market order vs the standard as stated in pg1. (Be aware that once you change this "pip distance" the EA will not be following the minimum rule of 8 pips(use to be 10 pip) for limit order separation from market order as indicated on pg1.) 2. New input "PendingNumberOfOrders" - tells the...

Thank you we all appreciate your hard work. The reason I suggested adding a setting of the pending order to be pips apart from the original order is that Ghostbiker uses a setting of 50 pips from the original order on the panel.

Cheers

Jeff
I EAT PIPS
  • #2,412
  • Nov 30, 2019 10:40am Nov 30, 2019 10:40am
Quoting xmess7
EA UPDATE v34 EA and INDICATOR UPDATES Files located at: https://github.com/xmess7/LondonCloseEA EA: Version 34 As requested added code to allow for the following: 1. New input "PendingPipDistance" - tells the EA to set the pending order at x pips from market order vs the standard as stated in pg1. (Be aware that once you change this "pip distance" the EA will not be following the minimum rule of 8 pips(use to be 10 pip) for limit order separation from market order as indicated on pg1.) 2. New input "PendingNumberOfOrders" - tells the...

Thank you one question are the pending orders x amount of pips from original order and from each other?For example:

Original Market Order 1.10 a euro buy

Pending order set at 50 pips apart

1.0950 1st pending order
1.09. 2nd pending order

Thank you

Jeff
I EAT PIPS
  • #2,413
  • Nov 30, 2019 10:44pm Nov 30, 2019 10:44pm
Hi
I noticed that when the candle body or tails is crossed by the 23.6 or 76.4 level, the trade setup gives loss.
To make a confirmation and sure trades, I suggest to check that before entering any trade. The best setup is when the 16:00 candle is not touching these levels. Can you check others pairs?. I check for gblaud.
Cheers
  • #2,414
  • Dec 1, 2019 1:19am Dec 1, 2019 1:19am
Quoting jshear
{quote} Thank you one question are the pending orders x amount of pips from original order and from each other?For example: Original Market Order 1.10 a euro buy Pending order set at 50 pips apart 1.0950 1st pending order 1.09. 2nd pending order Thank you Jeff
Nope.

I re-read your 1st request and I apologize, I misunderstood. You wanted the EA to produce limit orders in a grid syle separated x pips.
Since you had agreed to what I had re-stated in post
https://www.forexfactory.com/showthr...2#post12638742
I thought you only required the ability for the EA to change the pip distance of the limit order.

So this version will not execute the pending orders as you had indicated. When you set PendingPipDistance = X. The EA will adjust the distance to the limit order X pips away from the 1st market price entry. Then if you tell the EA to add more limit orders the EA will just stack them at the same X pip distance.

So back to the drawing board.



PEACE
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #2,415
  • Dec 1, 2019 1:24am Dec 1, 2019 1:24am
EA UPDATE v34 (2019.11.30)

EA and INDICATOR UPDATES Files located at:
https://github.com/xmess7/LondonCloseEA
EA: Version 34

Correction was made, when user sets the PendingNumberOfOrders input the EA will now add limitOrders in a grid style at x pips away from the 1st market order entry price.


1. New input "PendingPipDistance"
- tells the EA to set the pending order at x pips from market order in grid style vs the standard as stated in pg1.
(Be aware that once you change this "pip distance" the EA will not be following the minimum rule of 8 pips(use to be 10 pip) for limit order separation from
market order as indicated on pg1.)

2. New input "PendingNumberOfOrders"
- tells the EA how many pending orders to activate.


Jess
Attached File(s)
File Type: txt POST_WITH_LONDONCLOSE_EA_UPGRADE.txt   < 1 KB | 162 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #2,416
  • Dec 1, 2019 1:34am Dec 1, 2019 1:34am
Quoting naser_mohamm
Hi I noticed that when the candle body or tails is crossed by the 23.6 or 76.4 level, the trade setup gives loss. To make a confirmation and sure trades, I suggest to check that before entering any trade. The best setup is when the 16:00 candle is not touching these levels. Can you check others pairs?. I check for gblaud. Cheers
Yes, that is an easy addition. However the EA starts trade activity at the OPEN of the 16:00 candle not the CLOSE, so the body has not been formed yet and thus no tail to analyze. Perhaps you are referring to the 15:45 Candle? Show an image of what you are seeing.

Thnx for the idea
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #2,417
  • Dec 1, 2019 4:25am Dec 1, 2019 4:25am
Orders should be started at 16:15 candle. I. E when the candle of 16:00 is completed, then we look at its body & tails to check this condition. If not touching then the first order shall start at 16:15.
That what I was checking on many charts.
Also, ghostbiker and the others here can comment on this point...
May I being wrong understood the stragey well,,,, may be....
  • #2,418
  • Dec 1, 2019 7:21am Dec 1, 2019 7:21am
at least: M15 Chart candle 16:45 GMT close 17:00 GMT and make the orders 17:00 GMT

this is London close all other times is russ. Roulette and not London close
  • #2,419
  • Dec 1, 2019 8:08am Dec 1, 2019 8:08am
Let's see when this week starts tomorrow and how this system will go... Happy green pips to all
  • #2,420
  • Dec 1, 2019 10:37am Dec 1, 2019 10:37am
Quoting xmess7
EA UPDATE v34 (2019.11.30) EA and INDICATOR UPDATES Files located at: https://github.com/xmess7/LondonCloseEA EA: Version 34 Correction was made, when user sets the PendingNumberOfOrders input the EA will now add limitOrders in a grid style at x pips away from the 1st market order entry price. 1. New input "PendingPipDistance" - tells the EA to set the pending order at x pips from market order in grid style vs the standard as stated in pg1. (Be aware that once you change this "pip distance" the EA will not be following the minimum rule...

Thank you.

Jeff
I EAT PIPS
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