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Attachments: DOS. Daily Open Strategy. Easy To Trade, Simple To Win (EA..soon)
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DOS. Daily Open Strategy. Easy To Trade, Simple To Win (EA..soon)

Quoting blamshakk
hey hhloverhh if you click the attachments button you'll see it near the top of the attachments on this thread... well here's the link anyway: https://www.forexfactory.com/thread/...1#post13359111 Sometimes after the trade manager closes a successful basket, you will see some error messages pop up. This doesn't really affect the operation of the EA, but your broker may not like it - to get rid of them popping up just close and restart the mt4 terminal blam {quote}
sorry for the late answer.. thank you Blam for your help
smilley I see you live in the USA so your candle start time would depend on your broker, my broker is in Australia, do you think this strategy would change using different broker start of day times or should it balance out?
Quoting Detto
smilley I see you live in the USA so your candle start time would depend on your broker, my broker is in Australia, do you think this strategy would change using different broker start of day times or should it balance out?
My broker time is the same as yours I believe: GMT +2 (GMT + 3 in summer)
yes sometimes there are simultaneous longs and shorts running on the same pair when using the EA

blam

Quoting Detto
{quote} For sure agreed. Not sure how the EA works though, what happens if you get 2 days one long and one short candle 110pips of size differential , will the EA have longs and shorts running?
Quoting blamshakk
yes sometimes there are simultaneous longs and shorts running on the same pair when using the EA blam {quote}
Blam your EA definitely not doing what smilee's concept is about, its opened another 10 trades last night in the wrong direction.
Quoting Detto
{quote} For sure agreed. Not sure how the EA works though, what happens if you get 2 days one long and one short candle 110pips of size differential , will the EA have longs and shorts running?
Per the original concept, you'd take the first trade, then the TP would be hit when the candle goes the opposite way. Once the second candle closes and meets the conditions, you take the trade in that direction then. Same should happen for the EA, but never long or short at the same time on the same pair
You gotta boop the snoot
hey Detto

It's not my EA. Also, that's odd, it didn't take any trades on mine yesterday (the only ones open are from the day before, or the day before that). Have you got them set up on daily charts, and / or changed the timeframe in the settings to daily. Also, have you gotten the GAP values set correctly according to the pair

blam


Quoting Detto
{quote} Blam your EA definitely not doing what smilee's concept is about, its opened another 10 trades last night in the wrong direction.
Quoting blamshakk
hey Detto It's not my EA. Also, that's odd, it didn't take any trades on mine yesterday (the only ones open are from the day before, or the day before that). Have you got them set up on daily charts, and / or changed the timeframe in the settings to daily. Also, have you gotten the GAP values set correctly according to the pair blam {quote}
Yup set up on Daily, set the gap values as per your post and setfile for the manager. Weird !!
Yes odd. Maybe it's a broker issue? I'm using (the excellent) global prime

blam

Quoting Detto
{quote} Yup set up on Daily, set the gap values as per your post and setfile for the manager. Weird !!
Quoting Detto
{quote} For sure agreed. Not sure how the EA works though, what happens if you get 2 days one long and one short candle 110pips of size differential , will the EA have longs and shorts running?
There was another EA made that works quite well on this forum if you search the attachments, you'll find it
You gotta boop the snoot
Quoting smilee89
{quote} Too many negative opinions against this strategy so I prefer to keep developing it by myself. I have already made a great progress with it and it runs live for a few weeks successfully in all chosen pairs. {image}
Hi Smilee, how are you,, i follow you system for a while, i see your pictures of backtest and is very diferent than the backtest i did on the EAs post in this forum,, are you planning to share the EA with us someday?... i will be gratefull if you do. i like this simplicity of this strategy,, very clean. and safety
GOOD NEWS
Those of you who feel lucky today, please send me a private message here in FF, with your email address and account number.
I will send my EA for testing. It is a limited edition.
Since development cost me some money I can't share it with everyone, so hurry up - I will make my best to reply especially to those who contributed to this thread.

Thank you all.
I've been lurking around this thread for a few days and really like what I see and the development that has gone into it. Apologies if this was covered previously by smilee89 or anyone else as I may have inadvertently missed it, but what do you do in the event that you get a new signal while currently adding postions to an existing signal? Would you treat the new signal as a separate trade or ignore it and just add another trade base don the original?

Also, does anyone here still use ADR/ATR as the setup? Just been doing very preliminary backtesting on AUD/USD with an ATR of 5 and this also appears to hold up very well. Similar principles as in original post but using ATR(5) as the trigger. If the last closed daily bar's range is greater than the ATR(5) then enter a trade in the opposite direction at the open of the next daily bar, TP 35... Open a new position at each new open if the direction is against th initial trade.. Any merit in this idea?
Quoting Aliens
Hello This strategy is one of the oldest Forex strategies and if the principles are done, it will give great results, but in my opinion, we have a hard time working in the daily timeframe due to the high spread in the early hours. This is one of the reasons for the high spread at the beginning of the daily candle because the price moves against the price of the previous day candle and if the spread was not high, we could always make a profit by starting the new daily candle. But I tried the same strategy for a long time at lower times and during...
Hi Alliens
For this H4 strategy, how many pips do you consider a size candle?
Regards
Quoting smilee89
GOOD NEWS Those of you who feel lucky today, please send me a private message here in FF, with your email address and account number. I will send my EA for testing. It is a limited edition. Since development cost me some money I can't share it with everyone, so hurry up - I will make my best to reply especially to those who contributed to this thread. Thank you all.
Hi smilee89, I sent you an email but what account number are you looking for ?
Quoting Detto
{quote} Hi smilee89, I sent you an email but what account number are you looking for ?
crickets
Quoting blamshakk
yes, the DOS EA set up on every single trade chart, and the trade manager on one single separate chart that manages all the trades as a basket. {file} {file} NOTE: This setfile is for the trade management EA, *not* for the DOS EA. Remember to delete the .txt suffix from the setfile. blam {quote}
Hi there ,

Any set file available for DOS EA ? Asking because I've done some back testing and 1k account gets blown very quickly . (tested for GBPUSD - daily)

Thanks
default settings, see page 704 for gap values, and use the trade manager EA

blam

Quoting Dinamicpips
{quote} Hi there , Any set file available for DOS EA ? Asking because I've done some back testing and 1k account gets blown very quickly . (tested for GBPUSD - daily) Thanks
Amazing backtest results.
11+ years.
Combined MT4 statements of 5 pairs.
189% profit with only 2.53% drawdown.
Imagine this with 10 times risk, which is less than 26%, and a profit of 1890%!
Attached Image (click to enlarge)
Click to Enlarge Name: fbac9a4e8ba4a4298b0f100f2ad54ff8.png Size: 107 KB
Quoting smilee89
GOOD NEWS Those of you who feel lucky today, please send me a private message here in FF, with your email address and account number. I will send my EA for testing. It is a limited edition. Since development cost me some money I can't share it with everyone, so hurry up - I will make my best to reply especially to those who contributed to this thread. Thank you all.
Did I not make it in time? Sent you 3 emails...... no reply?????
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