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Attachments: Your EA v3 - Daily Low & High Strategy
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Your EA v3 - Daily Low & High Strategy

  • #41
  • Jul 30, 2023 2:15am Jul 30, 2023 2:15am
Quoting ramobomb
{quote} Your backtests isnot correct . because u test in "control point" u should test in "every tick"
check @emmanuel7788 posts friend.
  • #42
  • Jul 30, 2023 3:20am Jul 30, 2023 3:20am
Does anyone see similarities between this and the Daily green/red candle method?

https://www.forexfactory.com/thread/...reenred-candle

It takes a lot for me to IGNORE you, but you can try.
  • #43
  • Jul 30, 2023 3:35am Jul 30, 2023 3:35am
Quoting Erebus
Does anyone see similarities between this and the Daily green/red candle method? https://www.forexfactory.com/thread/...reenred-candle
Strategy

If day candle open low distance is greater than close high, then you need to place pending buy stop order at +2 pips above that high. If day candle open high distance is greater than close low, then you need to place sell stop order at +2 pips below that low. Close all pending orders at the next candle.

This is what the instruction I gave it to the ChatGPT
  • #44
  • Jul 31, 2023 1:15am Jul 31, 2023 1:15am
Today first trade closed +60pips

a +2R trade

Attached Image (click to enlarge)
Click to Enlarge Name: Daily EA trade closed 31-7-2023 2-13-04 pm.png Size: 14 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #45
  • Jul 31, 2023 1:25am Jul 31, 2023 1:25am
GA Jul 31 Daily trade closed +60pips

+2R trade

Attached Image (click to enlarge)
Click to Enlarge Name: GA Jul31 trades closed 31-7-2023 2-22-43 pm.png Size: 14 KB





...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #46
  • Jul 31, 2023 1:32am Jul 31, 2023 1:32am
EU Jul 31 Daily sell ... Frankfurt Open triggered the sell stop

- the market will decide if +60pips move


...
Attached Image (click to enlarge)
Click to Enlarge Name: EU Jul 31 DailyEA trigger sell 31-7-2023 2-30-40 pm.png Size: 13 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #47
  • Jul 31, 2023 1:40am Jul 31, 2023 1:40am
Quoting emmanuel7788
EU Jul 31 Daily sell ... Frankfurt Open triggered the sell stop - the market will decide if +60pips move ... {image}
I cannot believe that you of all people are still under the illusion of Sunday candles.

EURUSD has only moved 23 pips today and you think that even smaller candle is actually Friday's full range?

Good Luck
Attached Image (click to enlarge)
Click to Enlarge Name: EU Jul 31 DailyEA trigger sell 31-7-2023 2-30-40 pm.jpg Size: 16 KB


Please name and shame this broker to save me the embarrassment of ever trying to open an account there, thanks.
It takes a lot for me to IGNORE you, but you can try.
  • #48
  • Jul 31, 2023 1:51am Jul 31, 2023 1:51am
Quoting Erebus
{quote} I cannot believe that you of all people are still under the illusion of Sunday candles. EURUSD has only moved 23 pips today and you think that even smaller candle is actually Friday's full range? Good Luck {image} Please name and shame this broker to save me the embarrassment of ever trying to open an account there, thanks.

I knew only someone highly experienced like you would have spotted the Sunday candle easily ...

I did tested with and without the Sunday candles ... the results are quite different

With the Sunday small candle you will always get a trade on Mondays using this buy stop and sell stop orders...

When you have a big Daily candle followed with an Inside Day candle, you will not get any trade in the Inside Day candle




....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #49
  • Jul 31, 2023 1:52am Jul 31, 2023 1:52am
Quoting emmanuel7788
EU Jul 31 Daily sell ... Frankfurt Open triggered the sell stop - the market will decide if +60pips move ... {image}
Guys this results are unbelievable...I do not have the same chart you posted here. All are different.

I am unlucky guy.
All the best people
  • #50
  • Jul 31, 2023 1:55am Jul 31, 2023 1:55am
Quoting emmanuel7788
{quote} I knew only someone highly experienced like you would have spotted the Sunday candle easily ... I did tested with and without the Sunday candles ... the results are quite different ....
I knew only someone highly experienced like you could have replied sanely and without malice.

Good Luck buddy!

It takes a lot for me to IGNORE you, but you can try.
  • #51
  • Sep 27, 2023 6:22am Sep 27, 2023 6:22am
I added an option to the bot to set variable exits depending on the ATR indicator based on Alek's suggestion. Also, I'm not sure if this was intentional when you coded it, but the bot doesn't take into account the +2 pip offset when calculating the stoploss.
Attached File(s)
File Type: ex4 Your EA v3.1.ex4   11 KB | 377 downloads
File Type: mq4 Your EA v3.1.mq4   5 KB | 601 downloads
  • #52
  • Oct 25, 2023 1:15am Oct 25, 2023 1:15am
Thanks for good EA.

The "wickBuy" and "wickSell" are the important element to enable this EA works well.

I hope to have these functions to be added :

  1. Delete pending order(s) after 1 day if not executed, as they are no more complied with the rules.
  2. Add option to select among (i) pre-define TP or (ii) closing of Daily candle to maximize the profit

  • #53
  • Edited 11:24am Oct 25, 2023 9:26am | Edited 11:24am
US30 CFD. Are we comparing today Open or yesterday Open to Low and High of yesterday?

If we are comparing today Open to yesterday's Highs/Lows, then today open is closer to yesterday's High, then why ea have pending Sell and not pending
Buy?
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 5 KB
  • #54
  • Oct 25, 2023 10:49pm Oct 25, 2023 10:49pm
Quoting driven18
US30 CFD. Are we comparing today Open or yesterday Open to Low and High of yesterday? If we are comparing today Open to yesterday's Highs/Lows, then today open is closer to yesterday's High, then why ea have pending Sell and not pending Buy? {image}
Please read the OP:

Rule 4:
The strategy calculates the "wickBuy" and "wickSell" values based on the difference between the open price and the low price (wickBuy) and the high price and the open price (wickSell) of the previous daily candle.

Rule 9:
If the condition "wickBuy > wickSell" is met, the strategy places a Buy Stop order at the "buyStopPrice" level with a specified lot size ("LotSize"), Stop Loss ("UseStopLoss" and "StopLossPips"), and Take Profit ("UseTakeProfit" and "TakeProfitPips").

Rule 10:
If the condition "wickSell > wickBuy" is met, the strategy places a Sell Stop order at the "sellStopPrice" level with a specified lot size ("LotSize"), Stop Loss ("UseStopLoss" and "StopLossPips"), and Take Profit ("UseTakeProfit" and "TakeProfitPips").
  • #55
  • Oct 27, 2023 6:55am Oct 27, 2023 6:55am
someone try with multiple pair ?
uncorrelated pair in same time.

Adding diversity and more trade.
  • #56
  • Oct 28, 2023 9:06am Oct 28, 2023 9:06am
Quoting emmanuel7788
GA Jul 31 Daily trade closed +60pips +2R trade {image} ...
was this good trade based on the exact rules from post 1? or just simply following the breakout on the low?
  • #57
  • Oct 29, 2023 12:13am Oct 29, 2023 12:13am
Quoting rstranger
{quote} was this good trade based on the exact rules from post 1? or just simply following the breakout on the low?

Yes. Follow Post#1 rules.
Wick Sell > Wick Buy ... Sell Stop

Attached Image (click to enlarge)
Click to Enlarge Name: 29-10-2023 9-54-20 am.png Size: 16 KB




....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58
  • Oct 29, 2023 12:19am Oct 29, 2023 12:19am
Someone make this EA more robotic like auto trading on some specific time to avoid spread issues.
  • #59
  • Edited 2:49am Oct 29, 2023 2:32am | Edited 2:49am
Quoting kai.cao
{quote} Please read the OP: Rule 4: The strategy calculates the "wickBuy" and "wickSell" values based on the difference between the open price and the low price (wickBuy) and the high price and the open price (wickSell) of the previous daily candle. Rule 9: If the condition "wickBuy > wickSell" is met, the strategy places a Buy Stop order at the "buyStopPrice" level with a specified lot size ("LotSize"), Stop Loss ("UseStopLoss" and "StopLossPips"), and Take Profit ("UseTakeProfit" and "TakeProfitPips"). Rule 10: If the condition "wickSell > wickBuy"...
I try to simplify:
open-to-low (wickBuy) < open-to-high (wickSell) = Sell Stop
open-to-low (wickBuy) > open-to-high (wickSell) = Buy Stop
Is this the condition?
PS:
So - in this case: these would be the paradigmatic entries:
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 28 KB
  • #60
  • Oct 29, 2023 2:43am Oct 29, 2023 2:43am
Quoting josi
{quote} I try to simplify: open-to-low (wickBuy) < open-to-high (wickSell) = Sell Stop open-to-low (wickBuy) > open-to-high (wickSell) = Buy Stop Is this the condition?
Exactly correct
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