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High & Low 8 Hours (GBP/JPY)

  • #221
  • Nov 4, 2007 6:18pm Nov 4, 2007 6:18pm
Quoting autotrade-fx
The optimized settings with an 8 spread are:

  1. Profit 93
  2. SL 63
  3. High Low 21:00 - 4:00 GMT
  4. breakeven after a 70 points gain
  5. entry 1 pip above high /below low
  6. always reentry after loss

Thanks a million, Autotrade
  • #222
  • Nov 4, 2007 7:05pm Nov 4, 2007 7:05pm
Quoting autotrade-fx
The optimized settings with an 8 spread are:

  1. Profit 93
  2. SL 63
  3. High Low 21:00 - 4:00 GMT
  4. breakeven after a 70 points gain
  5. entry 1 pip above high /below low
  6. always reentry after loss

Thanks autotrade-fx
  • #223
  • Nov 4, 2007 7:35pm Nov 4, 2007 7:35pm
Hi Nicotina,
Will you also post your numbers for your GBP/USD system, today?
Thanks
  • #224
  • Nov 4, 2007 7:49pm Nov 4, 2007 7:49pm
Quoting billbss
Hi Nicotina,
Will you also post your numbers for your GBP/USD system, today?
Thanks
No i will be sleep ;-). I have a ea but just open one time de orders is not finished
Attached File(s)
File Type: mq4 ForexInvestimentosGBPUSD.mq4   7 KB | 1,061 downloads
  • #225
  • Nov 4, 2007 7:50pm Nov 4, 2007 7:50pm
05/11/2007


Buy: 239.76
Sell: 238.74
  • #226
  • Nov 4, 2007 7:54pm Nov 4, 2007 7:54pm
billbss Thanks for the post in my forum ;-)
  • #227
  • Nov 4, 2007 7:55pm Nov 4, 2007 7:55pm
Quoting Nicotina
No i will be sleep ;-). I have a ea but just open one time de orders is not finished
Thank you
  • #228
  • Nov 4, 2007 7:59pm Nov 4, 2007 7:59pm
Quoting Nicotina
billbss Thanks for the post in my forum ;-)
It was fun. My Portuguese is very bad:-)
You have a very nice forum.
  • #229
  • Nov 4, 2007 8:00pm Nov 4, 2007 8:00pm
Quoting billbss
It was fun. My Portuguese is very bad:-)
You have a very nice forum.
Thanks again
  • #230
  • Nov 4, 2007 11:14pm Nov 4, 2007 11:14pm
hi nicotina
we should use high and low of 18 gmt till o2:00 gmt
your order for buy is high of 239.76 but this high of 22:00 gmt ( in north finance it is high of 00:00 )

in my opinion buy:240.15
sell 238.73
  • #231
  • Nov 5, 2007 7:15am Nov 5, 2007 7:15am
Hello, here is an EA I made to this strategy.
Feedback.

Ola nicotina, costumas andar no caldeirão?
Attached File(s)
File Type: mq4 !dan-EA v29.2.mq4   1 KB | 1,080 downloads
  • #232
  • Nov 5, 2007 7:32am Nov 5, 2007 7:32am
Quoting superbem
Hello, here is an EA I made to this strategy.
Feedback.

Ola nicotina, costumas andar no caldeirão?
Thanks a million, Superbem
  • #233
  • Nov 5, 2007 8:26am Nov 5, 2007 8:26am
Quoting superbem
Hello, here is an EA I made to this strategy.
Feedback.

Ola nicotina, costumas andar no caldeirão?
Hi!

Could you explain the settings?

THX
  • #234
  • Nov 5, 2007 8:52am Nov 5, 2007 8:52am
hey can someone tell me how do i start an EA? Also how do i add an EA?
BK
  • #235
  • Nov 5, 2007 11:55am Nov 5, 2007 11:55am
Quoting superbem
Hello, here is an EA I made to this strategy.
Feedback.

Ola nicotina, costumas andar no caldeirão?
Hello superbem,

Thanks for your EA but your EA is not accurate it needs adjustment to Nicotina Rules which is the following:
1- the EA must work for GPB/JPY only.
2- the EA gets (the hightest point and the lowest point) from after (London session) close bar till one hour after Open (Tokyo session) that is the close bar of the beginning of (Tokyo session) Nicotina Rules is 18:00 - 02:00 but it differs from one broker to another according to brokers Time not user time.
3- if today is the first day of the openning market week the previous rules must not be active according to Nicotina Rules we start from time 00:00 - 02:00 NOT (18:00 - 02:00) so be aware.
4- orders must be set at open of bar 03:00 as Sell Stop and Buy Stop not after or before that time.
5- Spread is not calculated in the Nicotina Rules so please remove spread.

Thanks again and I hope to see the modification as soon as possible
  • #236
  • Edited 12:37pm Nov 5, 2007 12:22pm | Edited 12:37pm
Quoting efmelp
Hello superbem,

Thanks for your EA but your EA is not accurate it needs adjustment to Nicotina Rules which is the following:
1- the EA must work for GPB/JPY only.
2- the EA gets (the hightest point and the lowest point) from after (London session) close bar till one hour after Open (Tokyo session) that is the close bar of the beginning of (Tokyo session) Nicotina Rules is 18:00 - 02:00 but it differs from one broker to another according to brokers Time not user time.
3- if today is the first day of the openning market week the previous rules must not be active according to Nicotina Rules we start from time 00:00 - 02:00 NOT (18:00 - 02:00) so be aware.
4- orders must be set at open of bar 03:00 as Sell Stop and Buy Stop not after or before that time.
5- Spread is not calculated in the Nicotina Rules so please remove spread.

Thanks again and I hope to see the modification as soon as possible

I think it's ok as is.

It will work on whatever chart it's applied to. That's what we want. Some brokers have different designations for pairs. IBFX mini accounts has a dm designation at the end of the pair. ie. GBP/JPYdm. If he coded GBP/JPY into the EA it would not work on a IBFX mini.

Also, Nicotina has another system for GBP/USD that this will work on.

This EA allows you to choose whatever time window you want. That is good. We want it to look between 1800 - -0200 GMT. That changes with DST.
With this EA we set the start time and duration.
That is what we want.
Its up to the user to fugure out what start time on their chart coincides with 1800 GMT.

There is no spread that I see. Maybe I missed it.

EDIT- I looked at the coding and he has the spread set to 0. That means the spread isn't considered. If a person wanted to consider the spread they can change the code- that's good.

I can't tell when the order placement is done.

In short- we want it like it is unless I missed something.
  • #237
  • Nov 5, 2007 12:31pm Nov 5, 2007 12:31pm
For the point 2, you set accordingly to your broker, where says "pb" in the parameters, put the start hour accordingly to your broker. It have default 18.
the "pd" is the duration in hours, it have 8, it means ends at 2:00. (18+8=26)

You have to manually close the orders at 19:00 pm.

The orders are placed at the moment it reaches the high or low, meaning you have to let the pc running all day, if you want I can change this to stop orders.
  • #238
  • Nov 5, 2007 12:39pm Nov 5, 2007 12:39pm
Quoting superbem
Hello, here is an EA I made to this strategy.
Feedback.

Ola nicotina, costumas andar no caldeirão?
Olá já andei quando comecei entretanto andei pelo clubinveste e mais tarde criei o meu forum tens de parecer por lá ;-) obrigado pelo EA.
  • #239
  • Nov 5, 2007 1:46pm Nov 5, 2007 1:46pm
Quoting superbem
For the point 2, you set accordingly to your broker, where says "pb" in the parameters, put the start hour accordingly to your broker. It have default 18.
the "pd" is the duration in hours, it have 8, it means ends at 2:00. (18+8=26)

You have to manually close the orders at 19:00 pm.

The orders are placed at the moment it reaches the high or low, meaning you have to let the pc running all day, if you want I can change this to stop orders.
Hello superbem,
Please consider my last post message the EA is not accurate as Nicotina Rules if you really tested the EA you will figure that it is not accurate and the EA is made for losing money am not saying its a bad coded but it just needs a little adjustment to do exactly as Nicotina Rules am not talking about adjusting brokers time but about orders must be set at open of bar 03:00 as Sell Stop and Buy Stop not after or before that time and because of brokers diffrent time set it must be coded according to pb=18 and pd=8 and not as a fixed time 03:00 other thing to consider is the code must know what week and day the orders are gonna take place so if its sunday's the rule of (18:00 - 02:00) must change to (00:00 - 02:00) if its other day then use the normal rule (18:00 - 02:00) - well that's all
Thanks of your understanding and your effort of making such an EA
  • #240
  • Nov 5, 2007 1:53pm Nov 5, 2007 1:53pm
Nicotina comentar por favor no EA feito pelo superbem - é ajustou-se a suas réguas ou não

Nicotina please comment on the EA made by superbem - Is it set to your rules or not
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