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Monday/Tuesday Breakout EA

  • #81
  • Apr 15, 2020 4:51am Apr 15, 2020 4:51am
Quoting jdva
@Paul...I'm currently trading manually the London BO on daily basis and M15 tf successfully. Do you think it is possible to adjust your EA accordingly to allow using it every day? {image} Thanks, jdva
What are your rules? Just enter trade once it breaks the box?
Anything above the line is an uptrend, below the line is a downtrend.
  • #82
  • Apr 15, 2020 4:57am Apr 15, 2020 4:57am
Quoting Degolep
{quote} What are your rules? Just enter trade once it breaks the box?
I believe what he said was, he's trading the London breakout, so he wants to use the EA to enter trades EVERY day

I guess, on the break of previous days high or low, not a true London breakout is it?

Just love the questions with so little information don't you?

Or questions with mis-information like I want to trade in reverse at the Maximum

It takes a lot for me to IGNORE you, but you can try.
  • #83
  • Apr 15, 2020 5:16am Apr 15, 2020 5:16am
Quoting Degolep
{quote} What are your rules? Just enter trade once it breaks the box?
Sorry for confusion... very simple rules: Entry on breakout after 10h CET (7h server-time, 8h GMT) on M15 candle close outside the box built from daily open to London open every day.
I never lose - either I win or I learn...
  • #84
  • Apr 15, 2020 5:19am Apr 15, 2020 5:19am
Quoting jdva
@Paul...I got on several pairs "Sell Order Send failed with error #4109"! Any idea? Thanks, jdva
Trade is not allowed. Enable checkbox "Allow live trading" in the Expert Advisor properties
"Pips are vanity. Profit is sanity."
  • #85
  • Apr 15, 2020 5:23am Apr 15, 2020 5:23am
Quoting jdva
@Paul...I'm currently trading manually the London BO on daily basis and M15 tf successfully. Do you think it is possible to adjust your EA accordingly to allow using it every day? {image} Thanks, jdva
Well, anything is possible, but in this instance, that's actually quite a major change to the logic, as it currently looks at day numbers and only expects to open the one trade per week per pair.

I'll add it to the list of things to look into, but I can't promise anything, I'm afraid.
"Pips are vanity. Profit is sanity."
  • #86
  • Apr 15, 2020 5:30am Apr 15, 2020 5:30am
Quoting PaulDV
{quote} Trade is not allowed. Enable checkbox "Allow live trading" in the Expert Advisor properties
OK Paul thanks...sorry for my beginner mistake!
I never lose - either I win or I learn...
  • #87
  • Apr 15, 2020 5:44am Apr 15, 2020 5:44am
Quoting PaulDV
{quote} Well, anything is possible, but in this instance, that's actually quite a major change to the logic, as it currently looks at day numbers and only expects to open the one trade per week per pair. I'll add it to the list of things to look into, but I can't promise anything, I'm afraid.
No need to do that, they are trading that method in this thread and Swingman has already produced an excellent box indicator

I suggest people do some "hard" work instead of expecting to be spoon fed on every whim

https://www.forexfactory.com/showthread.php?t=985026

Cheers
It takes a lot for me to IGNORE you, but you can try.
  • #88
  • Apr 15, 2020 5:49am Apr 15, 2020 5:49am
Hello guys....it seems to be a promising week....here is my open trades with this excellent EA
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  • #89
  • Apr 15, 2020 5:55am Apr 15, 2020 5:55am
Quoting kimmoe58sma
Hello guys....it seems to be a promising week....here is my open trades with this excellent EA {image}
What are your Stop Loss and Take Profit settings please?

Must be tight as NZDUSD almost at profit, should let it run...

It takes a lot for me to IGNORE you, but you can try.
  • #90
  • Apr 15, 2020 6:40am Apr 15, 2020 6:40am
Quoting Erebus
{quote} What are your Stop Loss and Take Profit settings please? Must be tight as NZDUSD almost at profit, should let it run...
Thank you it was factor 1.5 now I had setup with 2.0. But do you think I should take 2.5 insted.
Attached Image (click to enlarge)
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  • #91
  • Apr 15, 2020 8:03am Apr 15, 2020 8:03am
Quoting Degolep
{quote} What are your rules? Just enter trade once it breaks the box?
That is a far better manual trading method than TOTB for european people because we can already trade in the morning after breakfast instead of later after lunch. Of course one can use the very useful SwingMan's indicators too. Moreover it is more profitable...!
I never lose - either I win or I learn...
  • #92
  • Apr 15, 2020 12:40pm Apr 15, 2020 12:40pm
Subscribed. Will try tomorrow. Thanks and
Regards
  • #93
  • Apr 15, 2020 9:29pm Apr 15, 2020 9:29pm
Thanks you for your EA, but I think it has some mistake that SL and TP, following the theory SL is 10% of range and TP is 50% of range. Can you fix it?
  • #94
  • Apr 15, 2020 11:06pm Apr 15, 2020 11:06pm
Quoting KevinPham93
Thanks you for your EA, but I think it has some mistake that SL and TP, following the theory SL is 10% of range and TP is 50% of range. Can you fix it?
you joined 1 hour 40 minutes ago, either you don’t know what you’re doing or the best troll ever?

It takes a lot for me to IGNORE you, but you can try.
  • #95
  • Apr 16, 2020 12:15am Apr 16, 2020 12:15am
Very good week i hope profit for all with this good idea and expert
PaulIV i'm using v. 1.062 it is good in backtest according to stoploss by MA but it is not working in live trading
would you check please
  • #96
  • Apr 16, 2020 1:31am Apr 16, 2020 1:31am
Quoting ta2ta2
Very good week i hope profit for all with this good idea and expert PaulIV i'm using v. 1.062 it is good in backtest according to stoploss by MA but it is not working in live trading would you check please
Firstly, you're using an old version - you should be using 1.07.

Secondly, please explain "not working" - that doesn't give me anything to go on.

Thirdly, it's working for me...
"Pips are vanity. Profit is sanity."
  • #97
  • Apr 16, 2020 3:14am Apr 16, 2020 3:14am
Quoting PaulDV
{quote} Firstly, you're using an old version - you should be using 1.07. Secondly, please explain "not working" - that doesn't give me anything to go on. Thirdly, it's working for me...
I want to deal with the new version 1.07 but in backtests i got errors:
2020.04.16 10:12:21.055 2019.12.30 00:02:00 MoTuBo_EA 1.07 EURUSD,M15: not initialized
2020.04.16 10:12:21.055 2019.12.30 00:02:00 MoTuBo_EA 1.07 EURUSD,M15: array out of range in 'MoTuBo_EA.mq4' (866,31)
So i use the old version until u solve it i saw that in previous posts.
Secondly "not working" means not modifying the stop loss according to MA moving with the price and i did that manually.
Thank you.
  • #98
  • Apr 16, 2020 5:37am Apr 16, 2020 5:37am
Quoting ta2ta2
{quote} I want to deal with the new version 1.07 but in backtests i got errors: 2020.04.16 10:12:21.055 2019.12.30 00:02:00 MoTuBo_EA 1.07 EURUSD,M15: not initialized 2020.04.16 10:12:21.055 2019.12.30 00:02:00 MoTuBo_EA 1.07 EURUSD,M15: array out of range in 'MoTuBo_EA.mq4' (866,31) So i use the old version until u solve it i saw that in previous posts. Secondly "not working" means not modifying the stop loss according to MA moving with the price and i did that manually. Thank you.
Ah yes, back test in 1.07 is bugged - will release the fix this weekend.

Trailing Stop should be working fine - the most likely reason for it not moving is that it hasn't triggered yet. What pair are you talking about, and what did you set for the trigger?
"Pips are vanity. Profit is sanity."
  • #99
  • Apr 16, 2020 6:42am Apr 16, 2020 6:42am
May i know you all using which pairs to run ? this week i am running EURUSD, GBPUSD, USDCAD, USDJPY, USDCHF, AUDCAD, AUDNZD, EURAUD, EURCHF, EURNZD, GBPCAD and still floating loss.
  • #100
  • Apr 16, 2020 6:44am Apr 16, 2020 6:44am
This is a great EA, happily using it for some time, so thanks a lot! I've started to experiment with BE and TS, and noticed that for some of the pairs the trade is started and then immediately stopped out, since SL for some reason is set (by the EA) at the same values as sell/buy:
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These are the parameters I am currently using for all the pairs:

Any help would be appreciated. Perhaps I've misunderstood the settings somehow?
Attached Image
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