Simple Monday-Tuesday System (attached calculator)

Quoting Sangui

Disliked

Changes: -Option to keep the opposite pending order open when one side opens -Trade can now be initialized on Wed, Thu and Fri -Settable time to delete pending orders on Fri -Fixed some bugs and improved code reading Notes: Server time for calculating the highs and lows won't be configurable for now, only pending order cancel time. {file}

Ignored

Quoting Erebus

Disliked

Just having a play with this pair, JPY strong, CHF little weak Beware all the GBP news {image} {image} PS = using 20% of the range at both High and Low

Ignored

Quoting Sangui

Disliked

Changes: -Option to keep the opposite pending order open when one side opens -Trade can now be initialized on Wed, Thu and Fri -Settable time to delete pending orders on Fri -Fixed some bugs and improved code reading Notes: Server time for calculating the highs and lows won't be configurable for now, only pending order cancel time. {file}

Ignored

Quote

Disliked

Test GBPUSD 2019.01.09 with default settings and compare it with the calculator
Entry long: correct, 1.28104
SL long: correct, 1.26973
TP long: not correct. Calculator says 1.28556. EA closed it at 1.28421. Why is that?

double buyTP = NormalizeDouble(high + range * takeProfitPercentage / 100, 5);
   double sellTP = NormalizeDouble(low - range * takeProfitPercentage / 100, 5);

double buyTP = NormalizeDouble((buyPrice-high)+high + range * takeProfitPercentage / 100, 5);
   double sellTP = NormalizeDouble(low - range * takeProfitPercentage / 100-(low-sellPrice), 5);

Quoting transmat

Disliked

So that there is no confusion, here is the EA with version 1.2 (I allowed myself ;-)) Thank you all for sharing long live this talk {file}

Ignored

Quoting Beren

Disliked

{quote} Hi!, great job, could you add the option to choose between % and TP and SL in pips?

Ignored

Quoting 4ecstasy

Disliked

{quote} Erebus, please explain a little more about your trade. Where did you find the strength, weakness of the currencies? What do you mean by using 20% of the range? Using it for what? Thanks!

Ignored

Quoting diamonddbw

Disliked

Just finished backtesting 2019, with first 4 weeks of 2020. GbpUsd ONLY! Criteria: • 15% Breach of Monday Tuesday Range. • Profit @ 65% of range. • Loss @ 80%* retrace of range (= to loss of 95% of total range). Other Stop Losses have been suggested in this thread. • No Win, No Loss trades closed @ market closing on Friday. This may not be the best way to finish for week. • No Trades when range is too large. I used 150 pips for this range. Basically double the ADR for GU. All totals are in % only. % is based on Fibonacci Range of Monday, Tuesday...

Ignored

Quoting Degolep

Disliked

{quote} Great job. What about other GBP crosses? Or are you doing this manually?

Ignored

   double buyPrice = NormalizeDouble(high + range * entryRangePercentage / 100, 2);
   double sellPrice = NormalizeDouble(low - range * entryRangePercentage / 100, 2);
   double buyTP = NormalizeDouble((buyPrice-high)+high + range * takeProfitPercentage / 100, 2);
   double sellTP = NormalizeDouble(low - range * takeProfitPercentage / 100-(low-sellPrice), 2);
   double buySL = NormalizeDouble(low - range * stopLossPercentage / 100, 2);
   double sellSL = NormalizeDouble(high + range * stopLossPercentage / 100, 2);