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Daily95pips

  • #761
  • Oct 31, 2007 4:11pm Oct 31, 2007 4:11pm
The following is the order information for IBFX as of 17:00 EST Wednesday

EUR/USD
BuyStop = 1.4511
SellStop = 1.4413

USD/JPY
BuyStop = 115.60
SellStop = 114.47

EUR/JPY
BuyStop = 167.38
SellStop = 165.31

Pips To All!
  • #762
  • Edited Nov 1, 2007 5:12pm Oct 31, 2007 6:45pm | Edited Nov 1, 2007 5:12pm
Daily 95pips:

Date: Monday 29 October 2007:
EURJPY +15
USDJPY +15
EURUSD -90

Total: -60pips

Comment: The EA worked well in calculating orders for all charts it is attached to. Here's hoping the efficiency continues.
Looking forward to some strong trends to see how the trailing stop works.

Date: Tuesday 30 October 2007:
EURJPY +45
USDJPY nt
EURUSD nt

Total: +45pips

Comment: A very slow session. EURJPY came very close to triggering the short orders before price proceeded to trigger the long orders instead. Any positive result is fine by me.

Date: Wednesday 31 October 2007
EURJPY +94
USDJPY +15
EURUSD +15

Total: +124pips

Comment: The trailing stop on EURJPY happened to lock in +49pips, 1pip lower than if I hadn't used it....we at least have evidence that the TS is working. The EA is working well most of the time, however for this day it didn't calculate the long orders on EURUSD, so I took the paper traded result. I'm still 90% happier with the new EA.

Date: Thursday 1 November 2007
EURJPY +15
USDJPY +45
EURUSD -90

Total: -30pips

Comment: There was a very large price move to the downside during this session which triggered the short orders. However, price didn't continue enough to reach all profit targets.



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  • #763
  • Oct 31, 2007 7:35pm Oct 31, 2007 7:35pm
Quoting PipHunter196
The following is the order information for IBFX as of 17:00 EST Wednesday

EUR/USD
BuyStop = 1.4511
SellStop = 1.4413

USD/JPY
BuyStop = 115.60
SellStop = 114.47

EUR/JPY
BuyStop = 167.38
SellStop = 165.31

Pips To All!
I am new and have less then 15 posts, i cant send pm's i am using ODL securities, the new day bar starts at 8pm EST. It opens up without any problems, exept for usd/chf.

Thank you a million
  • #764
  • Oct 31, 2007 7:53pm Oct 31, 2007 7:53pm
Won't spreads become a problem with this strategy since we are doing so many orders
  • #765
  • Oct 31, 2007 10:40pm Oct 31, 2007 10:40pm
Hola
Firstly thanks Pr1mer for you answer, but still have a few from last post and some more tonite. Like dinka I can not PM and am using an ODL Account. My main issue at present is the Stop Loss and the movement of the Stop Loss from –30 at opening of the trade, until the first trade at 15 pips is taken, then the Stop Loss on the remaining two trades should move to the opening price, or the entry level at sale of first trade at plus 15 pips. This did not happen the other nite. Why Not please,,,,,,,. It did on the version before.Tonite when I see the orders all drop in at 7pm here in Panama, (12 GMT) the take profit @ 15 points, is shown as 000000 See attached word doc for examples. I am waiting to see what happens at the first entry of a trade. Any comment on the example attached from anyone who may have same problems.
Gracias
Reddragon
Attached File(s)
File Type: doc Post No 2.doc   172 KB | 757 downloads
  • #766
  • Oct 31, 2007 10:43pm Oct 31, 2007 10:43pm
Quoting dinka
I am new and have less then 15 posts, i cant send pm's i am using ODL securities, the new day bar starts at 8pm EST. It opens up without any problems, exept for usd/chf.

Thank you a million
I guess I will assume that you are using version .04 from Pr1mer and do not have a problem getting your settings correct for your broker.

Is this a correct assumption?
  • #767
  • Oct 31, 2007 10:56pm Oct 31, 2007 10:56pm
Quoting reddragon
Hola
Firstly thanks Pr1mer for you answer, but still have a few from last post and some more tonite. Like dinka I can not PM and am using an ODL Account. My main issue at present is the Stop Loss and the movement of the Stop Loss from –30 at opening of the trade, until the first trade at 15 pips is taken, then the Stop Loss on the remaining two trades should move to the opening price, or the entry level at sale of first trade at plus 15 pips. This did not happen the other nite. Why Not please,,,,,,,. It did on the version before.Tonite when I see the orders all drop in at 7pm here in Panama, (12 GMT) the take profit @ 15 points, is shown as 000000 See attached word doc for examples. I am waiting to see what happens at the first entry of a trade. Any comment on the example attached from anyone who may have same problems.
Gracias
Reddragon
The reason for this is that you have the trailing stop turned on for the third order. Thus it will not have a take profit since the stop will be your exit.

Turn it off and that should change.

You also do not have your time set up correctly. It should be entering at 17:00 EST which is 21:00 GMT. If your broker is on GMT you need to change this as well.

I am trying to work on the ODL USD/CHF Problem as well.

Have a PipFull Day
  • #768
  • Oct 31, 2007 10:58pm Oct 31, 2007 10:58pm
Quoting reddragon
Hola
Firstly thanks Pr1mer for you answer, but still have a few from last post and some more tonite. Like dinka I can not PM and am using an ODL Account. My main issue at present is the Stop Loss and the movement of the Stop Loss from –30 at opening of the trade, until the first trade at 15 pips is taken, then the Stop Loss on the remaining two trades should move to the opening price, or the entry level at sale of first trade at plus 15 pips. This did not happen the other nite. Why Not please,,,,,,,. It did on the version before.Tonite when I see the orders all drop in at 7pm here in Panama, (12 GMT) the take profit @ 15 points, is shown as 000000 See attached word doc for examples. I am waiting to see what happens at the first entry of a trade. Any comment on the example attached from anyone who may have same problems.
Gracias
Reddragon
Hola Reddragon

I think you turn the Use TrailingStopOnLastOrder = true
That what happens try = false

Alex
  • #769
  • Nov 1, 2007 5:36am Nov 1, 2007 5:36am
I am not sure why people are having problems with the timing of EA and broker. In the EA it said "Day Start Hour = 0" And it means that regardless of what time your broker has it will open up new orders on the new bar, on the new day... or did i miss something?
BTW as far as results, been testing since 10/30/07
10/30
USD/JPY -90pips
AUD/USD +45pips
NZD/USD +15pips
GBP/JPY +45pips
GBP/USD +15pips
USD/CHF +15pip (second set of orders del manually)
EUR/USD never trigered

10/31
GBP/JPY -90pips
GBP/USD +15pips
USD/JPY +15pips
AUD/USD +45pips
USD/CHF -90pip
EUR/USD +15pips
Today so far
GBP/JPY +15pips
And the day is not over
  • #770
  • Edited 6:41am Nov 1, 2007 5:43am | Edited 6:41am
Quoting dinka
I am not sure why people are having problems with the timing of EA and broker. In the EA it said "Day Start Hour = 0" And it means that regardless of what time your broker has it will open up new orders on the new bar, on the new day... or did i miss something?
BTW as far as results, been testing since 10/30/07

Dinka,

Your are wrong in your assumption! The new pending orders are suppose to be opened at 17:00 EST which is currently -4 Hours from GMT. If your brokers server is on GMT then you should have this setting set to 21 (As I have stated in numerous posts.) Without having this set correctly, your testing numbers are no good.

Refer to Post#1 by Mikelath for the system rules.

Refer to Pr1mer Post for explanation of settings for EA.

Hope This Helps!!

Have a PipFull Day!
  • #771
  • Nov 1, 2007 8:23am Nov 1, 2007 8:23am
Quoting dinka
I am not sure why people are having problems with the timing of EA and broker. In the EA it said "Day Start Hour = 0" And it means that regardless of what time your broker has it will open up new orders on the new bar, on the new day... or did i miss something?
BTW as far as results, been testing since 10/30/07
10/30
USD/JPY -90pips
AUD/USD +45pips
NZD/USD +15pips
GBP/JPY +45pips
GBP/USD +15pips
USD/CHF +15pip (second set of orders del manually)
EUR/USD never trigered

10/31
GBP/JPY -90pips
GBP/USD +15pips
USD/JPY +15pips
AUD/USD +45pips
USD/CHF -90pip
EUR/USD +15pips
Today so far
GBP/JPY +15pips
And the day is not over
I'm not sure why your results are different from mine, I am using the latest for IBFX and changed nothing in the EA and yesterday it lost overall 30 pips....I'm in the usa EST so everything should be set correctly with no changes needed...........

would you please post your set file or create one and post it??

Many thanks

TM
Don't chase the market, Let the market come to you
  • #772
  • Nov 1, 2007 9:59am Nov 1, 2007 9:59am
Quoting Tmac
I'm not sure why your results are different from mine, I am using the latest for IBFX and changed nothing in the EA and yesterday it lost overall 30 pips....I'm in the usa EST so everything should be set correctly with no changes needed...........

would you please post your set file or create one and post it??

Many thanks

TM
He may have started his EA at a different time then you. Did you start it at 5 p.m. EST?
Binary Options Trader
  • #773
  • Nov 1, 2007 11:31am Nov 1, 2007 11:31am
Hi,

What time frame do you use the EA on? I have mine set to 1 hour? I have the EUR/JPY, GBP/USD and the USD/JPY on it. Is this correct? Can I use more pairs, will it work with other pairs? Also , my platform is on gmt time +2. Do I put 22 for the time start or still stick with 0?Thank you, Paris
  • #774
  • Nov 1, 2007 11:38am Nov 1, 2007 11:38am
Quoting PipHunter196
I guess I will assume that you are using version .04 from Pr1mer and do not have a problem getting your settings correct for your broker.

Is this a correct assumption?
Yes, sir.
I have not tried the .03 but the .02 gave some really nice proffits, where the .04 so far just keeping me flat
  • #775
  • Nov 1, 2007 11:50am Nov 1, 2007 11:50am
i will start fresh today, with correct settings on 17 est and see how its going to work.

P.S. And i am a girl, so, please, reffer to me as "she"
  • #776
  • Nov 1, 2007 12:57pm Nov 1, 2007 12:57pm
Piphunter............how long has the IBFX demo been running? am looking at it and am trying to look at the performance but for what period has it been there?
thanks
  • #777
  • Nov 1, 2007 1:25pm Nov 1, 2007 1:25pm
i have the same problem that drinka had. There is 6 longs in USDCHF and 6 longs in USDJPY. And the most intersting is that in USDJPY each set have difereents profits/losses.

i am using the ibfx version. I was using risk 0.01 but with a $33 mini demo account. Maybe this is the problem with double ordes. I will try using it correct now.
  • #778
  • Nov 1, 2007 2:10pm Nov 1, 2007 2:10pm
Quoting giraia_br
i have the same problem that drinka had. There is 6 longs in USDCHF and 6 longs in USDJPY. And the most intersting is that in USDJPY each set have difereents profits/losses.

i am using the ibfx version. I was using risk 0.01 but with a $33 mini demo account. Maybe this is the problem with double ordes. I will try using it correct now.
Are you two using different magic numbers for each EA?
Binary Options Trader
  • #779
  • Nov 1, 2007 2:12pm Nov 1, 2007 2:12pm
>>What time frame do you use the EA on? I have mine set to 1 hour? I have the EUR/JPY, GBP/USD and the USD/JPY on it. Is this correct?<<

1HR Chart, yes.

>>Can I use more pairs, will it work with other pairs?<<

Everyone is testing that now.


>>Also , my platform is on gmt time +2. Do I put 22 for the time start or still stick with 0?Thank you, Paris[/quote]<<

I'm a little foggy on this myself, maybe someone else can answer it for you.
Binary Options Trader
  • #780
  • Nov 1, 2007 2:26pm Nov 1, 2007 2:26pm
  •  bonzdoc
  • | Joined Jun 2007 | Status: Mountain Man & Beach Bum All In One | 41 Posts
Hey Gang,

I am new to this thread and see great potential with this trading system. I have Interbankfx as my broker and am curious as to which ea version would be best to download to my mt4 platform. Any help would be greatly appreciated.
"If your mind can see it and believe it you can achieve it."
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