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Monday/Tuesday Breakout EA

  • #21
  • Apr 6, 2020 3:38am Apr 6, 2020 3:38am
Quoting Agfx
{quote} Thanks Paul, when i seen the Friday trading limit i assumed this was a close all at that time and got excited lol Any chance of putting that into a future release? close out the basket 1 or 2 hrs prior to close on Friday I will give the strategy tester another shot tonight and figure it out, if i cant get it to work i will post any errors and screenshots.
Yes, a close all function sounds like a good addition - I'll put it on the list.
"Pips are vanity. Profit is sanity."
  • #22
  • Apr 6, 2020 3:39am Apr 6, 2020 3:39am
Quoting pantera1
Paul, By the way, what type of MA do you use for the trailing stop MA? Thanks!
EMA based on the Open - this keeps it tight, but as it's based on the open it should follow more naturally for a trailing stop.
"Pips are vanity. Profit is sanity."
  • #23
  • Apr 6, 2020 3:44am Apr 6, 2020 3:44am
Quoting pantera1
You could incorporate an Auto range setting into the EA, wherein the default was high/low but if a wick involved in the range calculation was longer than say 50 pips, the range calculation changed to open/close and increased the entry and SL to 25%/60%, or something along these lines. Just thinking out loud! As far as V1.061 is concerned, it worked exactly as I told it to! I've now installed V1.062. If I could ask for one future addition, that would be, when using a trailing stop, it would be nice to see a line at the trailing-stop start/trigger...
Auto-range would be possible, of course, but I suspect that it would add a level of complexity that most users wouldn't cope well with. But I'll think about it and let you know.

I like the idea of seeing the trigger level for the trailing stop...maybe the break even too.
"Pips are vanity. Profit is sanity."
  • #24
  • Apr 6, 2020 4:36am Apr 6, 2020 4:36am
Quoting Oshadiif
hi paul, i was using 1.05 version last week on DEMO. entry:15%, stop:50%;TP:1SL, BE:0.85SL and first time: risk_percentage from balance=1%. it was an up and down... i really have to learn: don't touch til friday anyhow... i haven't this time. can i place 2 requests? - to mimic my live-account would it be possible the have a "manual" balance amount to overrige the actual? - would it be possible to have a "close orders at" possibility? thanks again for this amazing EA. {image}
Close all orders is on the list.

The manual balance request seems very specific to me and is not something I feel would be used by anyone (except perhaps yourself). Maybe it would be better to amend the balance on your demo account if that's really all you're planning on using it for?
"Pips are vanity. Profit is sanity."
  • #25
  • Apr 6, 2020 4:59am Apr 6, 2020 4:59am
Quoting PaulDV
{quote} Close all orders is on the list. The manual balance request seems very specific to me and is not something I feel would be used by anyone (except perhaps yourself). Maybe it would be better to amend the balance on your demo account if that's really all you're planning on using it for?
ok, paul. thanks!
  • #26
  • Apr 6, 2020 8:40am Apr 6, 2020 8:40am
Quoting pantera1
it would be nice to see a line at the trailing-stop start/trigger level. Paul, keep up the good work! {image}
Like this perhaps:
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 142 KB
"Pips are vanity. Profit is sanity."
  • #27
  • Apr 6, 2020 2:34pm Apr 6, 2020 2:34pm
Quoting PaulDV
{quote} Like this perhaps: {image}
Perfect !
  • #28
  • Apr 7, 2020 3:46pm Apr 7, 2020 3:46pm
Basic question about the EA use: we need to change magic number for each new pair, or can we use the same for all pairs?

Thank you PaulDV for sharing this with all of us!
  • #29
  • Apr 7, 2020 4:00pm Apr 7, 2020 4:00pm
Quoting lsreis
Basic question about the EA use: we need to change magic number for each new pair, or can we use the same for all pairs? Thank you PaulDV for sharing this with all of us!
I personally use the same magic number. At the end of the UK trading week I use a script to close down all open trades by the magic number I use for this strategy
  • #30
  • Apr 8, 2020 2:42am Apr 8, 2020 2:42am
Quoting lsreis
Basic question about the EA use: we need to change magic number for each new pair, or can we use the same for all pairs? Thank you PaulDV for sharing this with all of us!
Same for all pairs - unless you specifically want to use different ones of course.
"Pips are vanity. Profit is sanity."
  • #31
  • Apr 8, 2020 4:03am Apr 8, 2020 4:03am
hey all

i'm using v1.062, i don't have a single trade or pending. display recognises it's wednesday and so 'yes' for trading allowed. anyone else seeing the same thing?

blam
  • #32
  • Apr 8, 2020 4:10am Apr 8, 2020 4:10am
This EA does not place pending orders, so that's normal. For the pairs that you decided to trade this week, did any of them cross the buy/sell lines up until now?

Quoting blamshakk
hey all i'm using v1.062, i don't have a single trade or pending. display recognises it's wednesday and so 'yes' for trading allowed. anyone else seeing the same thing? blam
  • #33
  • Apr 8, 2020 4:11am Apr 8, 2020 4:11am
hi paul and thanks for sharing EA
can you please tell me what is the current range in info panel?
  • #34
  • Apr 8, 2020 4:23am Apr 8, 2020 4:23am
Quoting PaulDV
{quote} Start time of Wednesday at 18:00...not really sure how to put it any other way.
what you say is:

Daily Forex candles begin and end at 5 pm New York time, every trading day of the year

Therefore, Wednesday candle begins at 5 pm Tuesday in New York

Convert that to your local time

Now add 18 hours, that is 18:00 on the Wednesday candle

Which is 11 am Wednesday in New York, just convert to your local time

Any trader that doesn’t keep an eye on London and New York time, why not?

Cheers
It takes a lot for me to IGNORE you, but you can try.
  • #35
  • Apr 8, 2020 5:07am Apr 8, 2020 5:07am
thanks, that clear it up

blam

Quoting lsreis
This EA does not place pending orders, so that's normal. For the pairs that you decided to trade this week, did any of them cross the buy/sell lines up until now? {quote}
  • #36
  • Apr 8, 2020 6:12am Apr 8, 2020 6:12am
Hello everyone,
with version 1.062 of EA, I can't get automatic trading to work. On mt4 it is activated and the imput value are default. Can anyone help me?
Thanks.
  • #37
  • Apr 8, 2020 9:03am Apr 8, 2020 9:03am
Quoting MarcoLivorno
Hello everyone, with version 1.062 of EA, I can't get automatic trading to work. On mt4 it is activated and the imput value are default. Can anyone help me? Thanks.
Same for me - we have it running on VPS different pairs and for testing different start days - nothing happened - work still in progress I guess.

.
  • #38
  • Apr 8, 2020 9:12am Apr 8, 2020 9:12am
Quoting Shaishen
{quote} Same for me - we have it running on VPS different pairs and for testing different start days - nothing happened - work still in progress I guess. .
Please show us one chart of a pair that should have been triggered by the EA, so we can see if there's anything wrong with your setup.
  • #39
  • Apr 8, 2020 9:19am Apr 8, 2020 9:19am
Hi Isreis, as you can see, the face on the top right of the screen dont't smile...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 228 KB
Click to Enlarge Name: Screenshot2.png Size: 227 KB
  • #40
  • Apr 8, 2020 9:43am Apr 8, 2020 9:43am
Quoting Shaishen
{quote} Same for me - we have it running on VPS different pairs and for testing different start days - nothing happened - work still in progress I guess. .
You guess wrong.

None of the pairs have triggered yet.

Have you properly understood the strategy and how the EA works? If not, then you should read up on both.
"Pips are vanity. Profit is sanity."
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