trading hours 5- 14 /GMT/
BJ
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Dislikednice uptrend on charts and EA dindnt open trade??
please MM your EA opened this trade?
thx bjIgnored
DislikedBased on RSI condition 66-34, it opened three trades between 12:30 and 13:00 cmt, as indicated on chart below. Please enlarge.Ignored
DislikedWhen you will, change your code. BreakEvenAfterPips is hardcoded, so you cannot change pips in EA setup (its overall only 10 pips). Search Break even function in EA and change
+ (Point*10),
to
(Point*BreakEvenAfterPips),
and for SELL change from
- (Point*10),
to
- (Point*BreakEvenAfterPips),.
Now you can change BE in setup.
Always I don't know what time frame is better, 15 or 30?
Bye.Ignored
DislikedThat's okay as long as you understand the reason you set BreakevenAFterpips to a higher number (such as 15) than the +10 within the code is to allow for a small reversal. Coding the setup as you suggest removes that margin for reversal and closes the trade sooner, possibly preventing the move to TP.
In all your getting, get an understanding.Ignored
Dislikedtoday nice day - in every brokers profit
up today the best set up for 15 and 30 min
TP cca 30-32 for 15 and 30 min
SL 40- maybe 45,
BE 15- for all
RSI entry for 15 min 25-75, for 30min 30-70
RSI exit for both 50?- Ill test for buy 40 and sell 60 without SL
exit on cross
- what do you think MM?
I modify BE accord. Lopuch na looks good
ThxIgnored
DislikedThat's good stuff!
(1) I agree with RSI 75/25 on 15 min.
(2) I agree with the trading hours. I begin at 06:00 cmt and end sometimes at 16:00, or at 17:00. Still pause for news but there hasn't been any this week within those trading hours.
(3) Still testing relationship between RSI exit and SL. Seems you can use one or the other for the exit but don't really need both.
(4) RSI exit ends trade quicker when using deep SL but the deep SL (without RSI exit) allows for currency pair to fluctuate back to profit.
(5) BE mod certainly works but see my earlier post. I don't use the same number for Breakevenafterpips. There is a reason why Breakevenafterpips should be greater than +10 in code, IMO.
(6) Also, I've increased the SL for all yen pairs to 75.
Overall, this EA produces successful results more often than not. The worst performance has been 73-77% and that's not too shabby!!Ignored