Dates are wrong i think in your excel file, on the 3rd of Feb you have 55pip profit, but 3rd was SATURDAY ?
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DislikedHello Miha, thanks a lot for the ea, looks like this ea is a straddle ea, is this ea goin to handle situation wen buy order is triggered the sell orders have to be moved to the open of the day ?Ignored
DislikedThank you Mikhail for the EA,
It's my first EA,
One question, how to close all order at EndHour(eg 22.00)?Ignored
DislikedHi, All.
I found this strategy had a good chance to be profitable on GBPUSD.
My backtesting since January to Feb 16th 2007 on GBPUSD is 1000 pips gain(excel attached).
I'll do forward testing this week with demo account.
The Strategy based on Open Price and Static Fib Numbers.
GBPUSD example
Today Open : 1.9634
Add Horizontal Line above Today Open :
HL1 = 1.9634 + 34 = 1.9668
HL2 = 1.9634 + 89 = 1.9723
HL3 = 1.9634 + 144 = 1.9778
Add Horizontal Line below Today Open :
HL4 = 1.9634 - 34 = 1.9600
HL5 = 1.9634 - 89 = 1.9545
HL6 = 1.9634 - 144 = 1.9490
* Indicator attached
Insert DayOpenFib twice on the chart with TF < H4.
-First, set parameter up=true
-Second, set parameter up= false
Rules :
Place Buy Stop order at HL1, SL = Today Open, TP1= HL2, TP2 = HL3.
Place Sell Stop order at HL4, SL = Today Open, TP1= HL5, TP2 = HL6.
If Buy stop order executed, change Sell Stop order = Today Open, SL = HL1, TP1= HL4, TP2= HL5.
Do the opposite if Sell Stop executed.
Any Opinions are so welcome.Ignored
DislikedThe only thing I noticed is that an Average True Range Indicator might be a handy tool here. Several times you didn't hit TP2 because the GBP wasn't moving that big of a range. An ATR would indicate to take TP2 a little sooner. What do you think?
MatIgnored
DislikedThe only thing I noticed is that an Average True Range Indicator might be a handy tool here. Several times you didn't hit TP2 because the GBP wasn't moving that big of a range. An ATR would indicate to take TP2 a little sooner. What do you think?
MatIgnored