I'd like to explore an extension of an interesting thread "Simple Monday-Tuesday System" started by 4ecstacy and the EA generously created and shared by Sangui. The current version of Sangui's EA is (and attached below):
https://www.forexfactory.com/showthr...3#post12732723
The approach on that thread is to trade based on breakout of the Monday/Tuesday, High/Low range. Entry, TP and SL are based on Fibonacci % levels.
What I'd like to try is instead of Monday/Tuesday's range, a modification to Sangui's EA to trade every day based on the previous day's range.
Modify the EA to be a daily breakout. Monday vs Friday's range, Tuesday vs Monday's range, Wednesday vs Tuesday's range, Thursday vs Wednesday's range, etc.
Using Fibonacci Retracement with erebus settings: Hi & Low Entry = 0%, TP = 25%, SL = 50%,
Manually testing shows a high percentage of days are winners.
You can quickly test this with Fibo using erebus settings: Hi & Low Entry = 0%, TP = 25%, SL = 50%, and walk it through any days and weeks in history.
Requesting programmer's help for:
1. Primary EA enhancement request is to modify the EA to trade every day vs the previous day's range? Mon vs Fri, Tue vs Mon, Wed vs Tue, etc.
2. Secondary EA request is to have ability to place multiple Buy-Stop & Sell-Stop trades, at same Hi/Low Entry = 0%, with TP at #1=25%, #2=50%, #3=100% (user select %s).
When position #1 hits TP at 25%, move position #2 & #3 SL to 5% or 10%.
When/if #2 hits TP at 50%, move position #3 SL to 25%.
A footnote to the request for opening multiple trades, for folks in the USA, EA will have to change the lot size and/or entry price for each order.
For example:
Lot size change: #1 = 0.13 lots, #2 = 0.12 lots, #3 = 0.11 lots.
Entry Price change: #1 = 1.12303, #2 = 1.12304, #2 = 1.12305.
Once again, thank you for your consideration.
Examples:
https://www.forexfactory.com/showthr...3#post12732723
The approach on that thread is to trade based on breakout of the Monday/Tuesday, High/Low range. Entry, TP and SL are based on Fibonacci % levels.
What I'd like to try is instead of Monday/Tuesday's range, a modification to Sangui's EA to trade every day based on the previous day's range.
Modify the EA to be a daily breakout. Monday vs Friday's range, Tuesday vs Monday's range, Wednesday vs Tuesday's range, Thursday vs Wednesday's range, etc.
Using Fibonacci Retracement with erebus settings: Hi & Low Entry = 0%, TP = 25%, SL = 50%,
Manually testing shows a high percentage of days are winners.
You can quickly test this with Fibo using erebus settings: Hi & Low Entry = 0%, TP = 25%, SL = 50%, and walk it through any days and weeks in history.
Requesting programmer's help for:
1. Primary EA enhancement request is to modify the EA to trade every day vs the previous day's range? Mon vs Fri, Tue vs Mon, Wed vs Tue, etc.
2. Secondary EA request is to have ability to place multiple Buy-Stop & Sell-Stop trades, at same Hi/Low Entry = 0%, with TP at #1=25%, #2=50%, #3=100% (user select %s).
When position #1 hits TP at 25%, move position #2 & #3 SL to 5% or 10%.
When/if #2 hits TP at 50%, move position #3 SL to 25%.
A footnote to the request for opening multiple trades, for folks in the USA, EA will have to change the lot size and/or entry price for each order.
For example:
Lot size change: #1 = 0.13 lots, #2 = 0.12 lots, #3 = 0.11 lots.
Entry Price change: #1 = 1.12303, #2 = 1.12304, #2 = 1.12305.
Once again, thank you for your consideration.
Examples:
Attached Image (click to enlarge)
Attached Images
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Perfidious Pips
