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Simple easy LOPEN strategy (eurusd) 47 replies

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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 Traderduke
{quote} Jess I know I haven't been around for some time but I was just looking to retest your "xm7_CCfp v88 which had Maddash in it, but the V88 doesn't have it anymore. Is their a chance you still have it available thanks {image}
Beleive it or not I keep all previous versions . I even have VERSION 1 lol...
I'll send u a copy of v88 via PM.

Thnx
Jess
Our AWESOME IMAGINATION is the true holy grail!
Quoting xmess7
{quote} Beleive it or not I keep all previous versions . I even have VERSION 1 lol... I'll send u a copy of v88 via PM. Thnx Jess
Thanks Jess
I really appreciate it.
Update to my monthly performance.
If you want to achieve the same success with your own personal or business account, send me a private message.
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do you have to attach EA to daily chart of each pair you want to run it on?
Quoting xmess7
{quote} Beleive it or not I keep all previous versions . I even have VERSION 1 lol... I'll send u a copy of v88 via PM. Thnx Jess
Quoting sheppy
do you have to attach EA to daily chart of each pair you want to run it on?{quote}
sheppy: Hi!! Yes, the EA is not created to "LOOP" thru various symbols. If that were the case there would be an input called PAIRS or whatever.
Then you would place a list of the symbols you want the EA to "monitor" and execute trades on. I know it can be a pain to place the EA on all pairs per chart... but
to say the truth my view is that you need to concentrate on as FEW as possible pairs. The reason is that the LESS you are in the market the better the odds of you being successful. Case in point. I only use GBPUSD or GBPJPY for all my trading activity in forex and I have had great success just trading either. My drawdowns are very small and my profits are consistent. Where as, I have seen several folks that use MULTIPLE or MAIN symbols at a time and they are either not successfule or there DD is terrible, its like they are at RISK all the time of blowing up an account.

LOL sorry for the long winded answer. Yes, I can make the EA trade multiople pairs but I dont recommend it. I recommend you stick with 1 or 2 pairs.

PEACE
Jess
Our AWESOME IMAGINATION is the true holy grail!
Quoting xmess7
{quote} sheppy: Hi!! Yes, the EA is not created to "LOOP" thru various symbols. If that were the case there would be an input called PAIRS or whatever. Then you would place a list of the symbols you want the EA to "monitor" and execute trades on. I know it can be a pain to place the EA on all pairs per chart... but to say the truth my view is that you need to concentrate on as FEW as possible pairs. The reason is that the LESS you are in the market the better the odds of you being successful. Case in point. I only use GBPUSD or GBPJPY for...
Wrong!
This strategy works very well on multiple pairs, either by attaching the EA to each pair or by attaching it only to one MAIN pair with specifying the Trade Symbols in a particular value in the EA.
All you need is limiting your exposure to same currency in different pairs when conditions meet for entry to more than 1 pair.
For example: EA will not open GBPUSD and GBPJPY for same direction on same day.
There are many ways to reduce risk, but those you mentioned are not one of them.

If you want to succeed with this strategy, you must specialize not only in this strategy itself but also in other forex trading principles or alternatively use the service of others.
Quoting smilee89
{quote} Wrong! This strategy works very well on multiple pairs, either by attaching the EA to each pair or by attaching it only to one MAIN pair with specifying the Trade Symbols in a particular value in the EA. All you need is limiting your exposure to same currency in different pairs when conditions meet for entry to more than 1 pair. For example: EA will not open GBPUSD and GBPJPY for same direction on same day. There are many ways to reduce risk, but those you mentioned are not one of them. If you want to succeed with this strategy, you must...
Wrong?!! LOL There is no right or wrong there is only profit.

Follks: I should of stressed the usual message that many of you have heard before . If what you are doing is making you PROFITABLE, well then CONTINUE using it. LOL
My rant about using less pairs for my trading to be successful, is just my experience.

IF time permits I will update the EA so that it can monitor as many pairs as the user wants to do so. As some of you already know, I have done this with other EAs such as the Weekly CCFP and LondonClose EAs.

So with that said. I am providing a new updated version of the EA. This version's operation has been completely tested and found to work with no issues or errors.
But if any of you find anything.. Do not hesitate to bring it up.

PEACE
Jess
Attached File(s)
File Type: ex4 xm7_DOS_EAv3.3.ex4   95 KB | 422 downloads
Our AWESOME IMAGINATION is the true holy grail!
Quoting smilee89
{quote} Wrong! This strategy works very well on multiple pairs, either by attaching the EA to each pair or by attaching it only to one MAIN pair with specifying the Trade Symbols in a particular value in the EA. All you need is limiting your exposure to same currency in different pairs when conditions meet for entry to more than 1 pair. For example: EA will not open GBPUSD and GBPJPY for same direction on same day. There are many ways to reduce risk, but those you mentioned are not one of them. If you want to succeed with this strategy, you must...
hi..what you selll again this time?
you always busy for sell something.
this time what you sell exactly?
Quoting xmess7
{quote} Wrong?!! LOL There is no right or wrong there is only profit. Follks: I should of stressed the usual message that many of you have heard before . If what you are doing is making you PROFITABLE, well then CONTINUE using it. LOL My rant about using less pairs for my trading to be successful, is just my experience. IF time permits I will update the EA so that it can monitor as many pairs as the user wants to do so. As some of you already know, I have done this with other EAs such as the Weekly CCFP and LondonClose EAs. So with that said....

hi xmess7
I tested the robot and it really works. It handles very well with ATP on. I apply 2 tests for gold/usd where the atr function saved the loss and failure.
I didn't have time to test in real time, where the first version forgot the operations taken if I changed the parameters. In this regard, I suggest to add TP2 to be executed if there are more than two operations, and if it is the first one to execute the TP. This will avoid a profit adjustment after taking a second operation. So far I have done it manually but the robot got confused. Also, according to the system, after the second operation, the output is 1 dollar. And let everyone decide for themselves after accumulating supporting orders without correcting the robot.
Good luck
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Quoting xmess7
{quote} Wrong?!! LOL There is no right or wrong there is only profit. Follks: I should of stressed the usual message that many of you have heard before . If what you are doing is making you PROFITABLE, well then CONTINUE using it. LOL My rant about using less pairs for my trading to be successful, is just my experience. IF time permits I will update the EA so that it can monitor as many pairs as the user wants to do so. As some of you already know, I have done this with other EAs such as the Weekly CCFP and LondonClose EAs. So with that said....
thx for your share my friend
If you want to join this success, send me a private message.
Attached Image (click to enlarge)
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Quoting xmess7
{quote} Wrong?!! LOL There is no right or wrong there is only profit. Follks: I should of stressed the usual message that many of you have heard before . If what you are doing is making you PROFITABLE, well then CONTINUE using it. LOL My rant about using less pairs for my trading to be successful, is just my experience. IF time permits I will update the EA so that it can monitor as many pairs as the user wants to do so. As some of you already know, I have done this with other EAs such as the Weekly CCFP and LondonClose EAs. So with that said....

Hello again, Nice to hear about smilee and you. I always believe that the key of this system is to reduce risk, I test it on several pairs and I saw the problem you mentioned: if you trade on too much pairs you can blow your account. I appreciate your work and the work of smilee but I disagree with his services lol.
I stop to backtest it because I have my own automated system that took me a Huge profits in demo (if you want to work with me to improve the system you will be welcome, send me DM). I will check again your new version and retest again on demo again, because took me good results in 3 months.
Quoting xmess7
Hi folks: Life has verry busy with me but recently someone approached me about the EA that I had provided for this thread. After running several tests and updates, the EA now is operating as intended on page 1 of this thread. I had someone else confirm this and since this is working now I am posting this lastest version here. The inputs are updated to the best possible way to describe what each input means. The EA has two choices you can use for the candle length. fixedCandleSize useSymbolAtr The "fixedCandleSize" choice will use the high - low...
Hi Xmess7. What does the reverse option do?
  •  Soros
  • Joined Sep 2012 | Status: Edge,Phsycology And Money Managemen | 951 Posts
Quoting xmess7
{quote} Wrong?!! LOL There is no right or wrong there is only profit. Follks: I should of stressed the usual message that many of you have heard before . If what you are doing is making you PROFITABLE, well then CONTINUE using it. LOL My rant about using less pairs for my trading to be successful, is just my experience. IF time permits I will update the EA so that it can monitor as many pairs as the user wants to do so. As some of you already know, I have done this with other EAs such as the Weekly CCFP and LondonClose EAs. So with that said....
would be nice if there was mt5 version bro! would make life so much easier
I am what Many Dream to be but only a few can achieve, im a part of the 1%
Quoting smilee89
If you want to join this success, send me a private message. {image}
Dear Smilee89, I dont know your private to send a message to you, I didnt find this private zone direct in your contact.

if you can contact me I would aprecciate!!
Thanks a lot
Quoting xmess7
{quote} Wrong?!! LOL There is no right or wrong there is only profit. Follks: I should of stressed the usual message that many of you have heard before . If what you are doing is making you PROFITABLE, well then CONTINUE using it. LOL My rant about using less pairs for my trading to be successful, is just my experience. IF time permits I will update the EA so that it can monitor as many pairs as the user wants to do so. As some of you already know, I have done this with other EAs such as the Weekly CCFP and LondonClose EAs. So with that said....
Has anyone else experienced it where the EA closes the trades if the max allowed spread is reached even though the trades are in a loss and it just closes them and your whole basket ends up being a loss? Whether it was one trade that was open or a basket it has happened to me on both occasions. How do we fix this? Or is there a hidden SL I don't know about on the EA?
Quoting smilee89
If you want to join this success, send me a private message. {image}
Different broker have different opening and closing time of daily candle. Pls suggest broker that have same daily candle close
Quoting xmess7
{quote} Wrong?!! LOL There is no right or wrong there is only profit. Follks: I should of stressed the usual message that many of you have heard before . If what you are doing is making you PROFITABLE, well then CONTINUE using it. LOL My rant about using less pairs for my trading to be successful, is just my experience. IF time permits I will update the EA so that it can monitor as many pairs as the user wants to do so. As some of you already know, I have done this with other EAs such as the Weekly CCFP and LondonClose EAs. So with that said....
Hey man. Can we get the EA in MT5? Or does anyone know how we can convert it for MT5?
martingale with %15 sl took first sl
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Need mql4 file of this body size indicator. @Smile89 plz
Attached File(s)
File Type: ex4 Body_Size_Indicator.ex4   11 KB | 135 downloads
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