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Weekly Open EA

  • #101
  • Jul 16, 2008 2:18am Jul 16, 2008 2:18am
Quoting mtaboneweb
Please see post #1 for the newest EA and the revision notes. I am limited on time this week so I didn't do much with it yet. Extra broker support should be on the next release.

Also, I know I promised but I had to change the EA name so you will need to re-attach it to your charts. This way all of my EAs will follow a naming standard. My apologies.

Remember to delete the old EA since it has bugs.

Other than that have I missed anything?
Hi mtaboneweb, thanks for all your affort,
I try this new update still doesnot work with my broker(IKON GM) but it does work on INTERBANK,,,
  • #102
  • Jul 16, 2008 5:21am Jul 16, 2008 5:21am
@mtaboneweb

Please can you include FXopen and Alpari Uk in your Broker list. i'll apreciate that a lot as i intend testing the system. it looks promising.
  • #103
  • Jul 16, 2008 9:09am Jul 16, 2008 9:09am
Quoting mtaboneweb
It's all handled by the EA.
I didn't see any of cancelled ordered.
But here is an issue I'd like to bring it to your attaintion:
The EA (AshFX_AutoTrader) just add another pair to my account, and it is at the matket time 16:53 (FXDD). The trade is not even a good trade (GBPCHF).

Can you set a checking for the EA not to open any trade at any time?

  • #104
  • Jul 16, 2008 10:32am Jul 16, 2008 10:32am
Quoting hunky
Hi mtaboneweb, thanks for all your affort,
I try this new update still doesnot work with my broker(IKON GM) but it does work on INTERBANK,,,

Additional broker support is coming soon. Thanks for your support.
  • #105
  • Jul 16, 2008 10:37am Jul 16, 2008 10:37am
Quoting laposta74
@mtaboneweb

Please can you include FXopen and Alpari Uk in your Broker list. i'll apreciate that a lot as i intend testing the system. it looks promising.

Additional broker support is coming soon. Thanks for your support.
  • #106
  • Jul 16, 2008 10:40am Jul 16, 2008 10:40am
Quoting trader8686
I didn't see any of cancelled ordered.
But here is an issue I'd like to bring it to your attaintion:
The EA (AshFX_AutoTrader) just add another pair to my account, and it is at the matket time 16:53 (FXDD). The trade is not even a good trade (GBPCHF).

Can you set a checking for the EA not to open any trade at any time?
Please post this question on the other thread and I'll be more than happy to check it out. I'm just trying to prevent cross-thread posts.

AshFX Daily (EA - MTaboneWeb)
  • #107
  • Jul 16, 2008 1:33pm Jul 16, 2008 1:33pm
Quoting mtaboneweb
Additional broker support is coming soon. Thanks for your support.
meaboneweb
if I may suggest , insted of adding broker list, just put an option of a price to start running from or a date , wont that be easier ?
only suggesting,,,
  • #108
  • Jul 16, 2008 1:42pm Jul 16, 2008 1:42pm
Quoting hunky
meaboneweb
if I may suggest , insted of adding broker list, just put an option of a price to start running from or a date , wont that be easier ?
only suggesting,,,

It all boils down to whether your broker has a Sunday bar or not. What I had planned on doing was a variable.

SundayBar = True/False

But that would have to be set by the end user. FXDD has no Sunday bar and IBFX does. The EA has to be able to find the open on Sunday whether you actually have a Sunday bar or not.
  • #109
  • Jul 16, 2008 2:23pm Jul 16, 2008 2:23pm
Hi there,

E/U triggered last night and the first lot took 50 profit, however the remaining two were for a loss. Meaning it was actually -100 for the day on that pair.

I was wondering, do you think it would be beneficial if the break even was triggered after the first lot hits 50 pips, I know we may miss out on a few more pips if price does retrace, you'd think that once it hit 50 that chances are it will hit 100 and if not it doesn't matter, you've still booked 50 pips, if you think about it that's not bad for a day. There would be fewer losses.

Also I was thinking, do you think it would be a good idea if the stop loss was raised 50 pips everytime it reaches another 50 pips, to lock on profit so to say.

Good example on that is the G/U this week, which I think was as high as 300 pips, that could have been taken for 250 pips if the stop loss was moved when it hit 300.

So .. it would be like this:

Trade goes 50 pips stop loss is set to break even and 1 lot is taken for profit
Trade goes 100 pips stop loss is set to +50 and 1 lot is taken for profit
Trade goes 150 pips and stop loss is set to +100 and 1 lot is left to run untill
a) it hits +100 stop loss (resulting in 100 pips profit on last order)
b) it runs and runs and runs with the stop loss being set every 50 pips as an increment and you close it at the end of the week regardless (or if you really liked you could leave it going and use the stop loss which is set in profit anyway)

Let me know what you think guys,

Cheers,

Blah - off to work again...
  • #110
  • Jul 16, 2008 2:47pm Jul 16, 2008 2:47pm
Quoting VitaminBeer
Hi there,

E/U triggered last night and the first lot took 50 profit, however the remaining two were for a loss. Meaning it was actually -100 for the day on that pair.

I was wondering, do you think it would be beneficial if the break even was triggered after the first lot hits 50 pips, I know we may miss out on a few more pips if price does retrace, you'd think that once it hit 50 that chances are it will hit 100 and if not it doesn't matter, you've still booked 50 pips, if you think about it that's not bad for a day. There would be fewer losses.

Also I was thinking, do you think it would be a good idea if the stop loss was raised 50 pips everytime it reaches another 50 pips, to lock on profit so to say.

Good example on that is the G/U this week, which I think was as high as 300 pips, that could have been taken for 250 pips if the stop loss was moved when it hit 300.

So .. it would be like this:

Trade goes 50 pips stop loss is set to break even and 1 lot is taken for profit
Trade goes 100 pips stop loss is set to +50 and 1 lot is taken for profit
Trade goes 150 pips and stop loss is set to +100 and 1 lot is left to run untill
a) it hits +100 stop loss (resulting in 100 pips profit on last order)
b) it runs and runs and runs with the stop loss being set every 50 pips as an increment and you close it at the end of the week regardless (or if you really liked you could leave it going and use the stop loss which is set in profit anyway)

Let me know what you think guys,

Cheers,

Blah - off to work again...

From the results your getting I would say you changed the default settings?

The other stuff can already be done through the settings and in fact described that way in the first post.
  • #111
  • Jul 16, 2008 7:38pm Jul 16, 2008 7:38pm
i am not getting the ea to fully move 50 as long as it as moved to the next 50 level, i have a couple where it should have been moved another 50 in my favor but it hasnt, anybody else having this, maybe i will just have to see until i can run it from start next week idk, but it seemed to be on track i started the new ea middle week to see, and it actually caught to same price it should have been in, but now it isnt moving the increments it should when it has hit the next 50 level

also have modified u/j to 30 and that is phenominal, might not even need other pairs!
  • #112
  • Jul 16, 2008 7:42pm Jul 16, 2008 7:42pm
Quoting mtaboneweb
It all boils down to whether your broker has a Sunday bar or not. What I had planned on doing was a variable.

SundayBar = True/False

But that would have to be set by the end user. FXDD has no Sunday bar and IBFX does. The EA has to be able to find the open on Sunday whether you actually have a Sunday bar or not.
How about just putting this statement:
if(DayOfWeek==0) retiurn(0);
  • #113
  • Jul 16, 2008 7:52pm Jul 16, 2008 7:52pm
question on the order we have to tp at 50, how come we dont have the BE on 50 on that order as well, cuz we only have it on the one we let ride, but we move it for that order too, just not any order where the tp is less than the sl. is the right here, and why isnt that one on 50 as well? thanks
  • #114
  • Jul 16, 2008 9:36pm Jul 16, 2008 9:36pm
Quoting samdruss44
i am not getting the ea to fully move 50 as long as it as moved to the next 50 level, i have a couple where it should have been moved another 50 in my favor but it hasnt, anybody else having this, maybe i will just have to see until i can run it from start next week idk, but it seemed to be on track i started the new ea middle week to see, and it actually caught to same price it should have been in, but now it isnt moving the increments it should when it has hit the next 50 level

also have modified u/j to 30 and that is phenominal, might not even need other pairs!

I'll comb over the code again this weekend. If I find something I'll try to post early Sunday.

This is why we demo test.
  • #115
  • Jul 16, 2008 9:38pm Jul 16, 2008 9:38pm
Quoting samdruss44
question on the order we have to tp at 50, how come we dont have the BE on 50 on that order as well, cuz we only have it on the one we let ride, but we move it for that order too, just not any order where the tp is less than the sl. is the right here, and why isnt that one on 50 as well? thanks

Because when it reaches 50 it takes it's profit. No sense in updating a stop loss. only on the last order because it doesn't close.
  • #116
  • Jul 16, 2008 10:01pm Jul 16, 2008 10:01pm
I am very interested in the system like break-out.

Thank you for your sharing!

and I am testing in demo account now!

I will forward test and post the result in weekend.

plz pardon my ugly english!
  • #117
  • Jul 20, 2008 11:55am Jul 20, 2008 11:55am
New version on post #1. Also, original post has been updated to reflect the current state of the system.
  • #118
  • Jul 20, 2008 6:02pm Jul 20, 2008 6:02pm
Well, it looks like the EA did things right on the open of this week. I'm excited about some of the changes and hope everyone is still with me here. Please give me some feedback about how you're all doing throughout the week. Also, if I missed something someone asked for please remind me so I can give it some attention. I started a new thread also today and things have been kind of crazy but I hope to be caught up this week.

New thread - DailyHighLow (EA - MTaboneWeb)

If you feel like it you can give it a look and let me know what you think. It's an older EA that I've been testing heavily since March 11th this year.
  • #119
  • Jul 21, 2008 2:02am Jul 21, 2008 2:02am
Quoting mtaboneweb
Additional broker support is coming soon. Thanks for your support.

Can i now use it on Alpari brokers?
  • #120
  • Jul 21, 2008 8:24am Jul 21, 2008 8:24am
Quoting stanchuks
Can i now use it on Alpari brokers?

Yes. You just have to determine if they have a Sunday bar and set that to True/False in the EA.
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