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EOD trading system

  • #341
  • Nov 11, 2008 2:09pm Nov 11, 2008 2:09pm
Quoting Archie
Hi,

I can't help you with the adjustment of the EA, since I'm not a programmer, but I have tried it on 1H (on IBFX) and it worked and gave 6-7 trades in one day. However, not all of them were profitable, so the overall result was a loss, but the only losing pairs were AUDCAD and EURCHF. EURUSD, USDCHF and AUDUSD had winning trades.

Happy trading!
Strange...I will try again. Thanx, Archie!
  • #342
  • Nov 11, 2008 2:37pm Nov 11, 2008 2:37pm
Wed Wed doesnt the CCI have to be below 0 on you rchart to short? or can you short it when its 50 or close to and ticking down?


Quoting WedWed
Dont miss lot of pairs according to this system they might be tradeble some of them end of today and some tomorw .. I said they might get confirm.
http://www.forexfactory.com/attachme...1&d=1225360785
DM if you have any questions
  • #343
  • Nov 11, 2008 3:39pm Nov 11, 2008 3:39pm
No new signals here and all the open trades doing very well

Of the 6 open trades all of which are very close to hitting their TP's the total pips that the 6 open trades are up is 2290 pips if closed out now

System doing very well atm

Paulus
  • #344
  • Nov 11, 2008 3:50pm Nov 11, 2008 3:50pm
What do you think about EURCAD?
CCI below 0 and Stoc has moved up above 50 and ticked down today 4:50 EST
  • #345
  • Nov 11, 2008 4:06pm Nov 11, 2008 4:06pm
I know about the stoch and cci and the daily rang. I don't know when to get in? How do i get in? How do i find the opening number, when to get in?

Is it when the indicators tell me to get in then use the daily range?

I have read the thread over and over again. Still dont understand.


Confused
  • #346
  • Nov 11, 2008 10:22pm Nov 11, 2008 10:22pm
  •  TPO
  • | Joined Sep 2006 | Status: One Life, One Chance | 68 Posts
Quoting Foreyes
What do you think about EURCAD?
CCI below 0 and Stoc has moved up above 50 and ticked down today 4:50 EST
I placed a limit order 10 pips below the bar (so on IBFX at 1.5033)
  • #347
  • Nov 11, 2008 10:23pm Nov 11, 2008 10:23pm
  •  TPO
  • | Joined Sep 2006 | Status: One Life, One Chance | 68 Posts
Quoting smurf
I know about the stoch and cci and the daily rang. I don't know when to get in? How do i get in? How do i find the opening number, when to get in?

Is it when the indicators tell me to get in then use the daily range?

I have read the thread over and over again. Still dont understand.


Confused
You enter at 9pm UK time or just at the end of the day, if the indicators line up.
  • #348
  • Nov 11, 2008 11:02pm Nov 11, 2008 11:02pm
Quoting jkrick33
Wed Wed doesnt the CCI have to be below 0 on you rchart to short? or can you short it when its 50 or close to and ticking down?




http://www.forexfactory.com/attachme...1&d=1225360785
Hi My Friend

Short only if CCI below 0 (- area )
Long only if CCI Above 0 (+area )

Short only if Stotch Above 50 and ticking down. (end of day Red Candel )
Long only if Stotch below 50 and ticking Up. (end of day Green Candel ).


Tha chart i was present it as alert to confirmation which it may happen .. and i mentiond that..

hope every thing clear
Never sell @ lower upward channel unless breacked and vise versa .
  • #349
  • Nov 12, 2008 1:47am Nov 12, 2008 1:47am
Market is playing with us 2 hit thier targets today and 5 are very very close to hitting thier TP but as always dont be tempted wait for your software to do it.

If you close a couple pips early soon it will be 10 early then 20 and then 50 it has to be un emotional.

the 2 that hit are

EURUSD close for 439 pips
GBPJPY closed for 955 pips

Because I risk 5% on each signal the large win on GBPJPY yielded a win of £289.41 the stop was 825 pips and with my risk limited to 5% I had to stake the minimum.

The account that I funded with £5000 is now standing at £7,926.68p
which is a ROI of 51%

Thats not inc the open positions which are around £1300 up.

If any one would like to see a screen shot of any open or closed positions just let me know

Smurf

Im inc the template here for you.. with the indicator that Dezil kindly wrote

But the principle is thus...

Short

CCI below 0.00
Stochastic is above 50 then ticks down
On the Day the stoch ticks down if the candle is red then enter

Entry time is at least 18hrs into that daily candle..all we want is an entry as close as possible to the end of the candle but as that will be at an unsociable hour we just try to get as close as possible

target is the 5 day ATR and I have inc that in the attachments also on the entry day top left you will see the ATR displayed this is your target.

Hope that explains it all
Attached Image (click to enlarge)
Click to Enlarge Name: smurf.gif Size: 32 KB
Attached File(s)
File Type: mq4 ATR in Pips.mq4   2 KB | 710 downloads
File Type: mq4 CCI.mq4   4 KB | 413 downloads
File Type: mq4 EOD.mq4   5 KB | 471 downloads
File Type: mq4 Stochastic.mq4   4 KB | 417 downloads
File Type: tpl eod cci.tpl   1 KB | 483 downloads
  • #350
  • Nov 12, 2008 9:21am Nov 12, 2008 9:21am
Just closed
EURUSD +441p
GBPCHF +452p
EURCHF +256p
Now flat for few days...
Meeeooow !!!
  • #351
  • Nov 12, 2008 10:17am Nov 12, 2008 10:17am
Anyone have any idea as to why I keep getting errors every second it keeps posting the same errors at the bottom under the 'experts' tab. Same error for the 3 different daily charts I have up.

2008.11.12 09:15:43 Cannot open file 'Crogram FilesInterbank FX Trader 4 220 demoexpertsindicatorsHeiken Ashi_SW.ex4' on the GBPUSDm,Daily

Thx,
Todd
  • #352
  • Nov 12, 2008 10:47am Nov 12, 2008 10:47am
Nice Nie

have closed out several here will update at 9pm ish

Nice to be flattish now after having so many open but my MM dealt with it so was ok

Paulus
  • #353
  • Nov 12, 2008 11:24am Nov 12, 2008 11:24am
My results for this system has been great. I'm now officially flat as well. I entered limit orders on all of these and the only one I missed getting filled by only a few pips was EUR/CHF. I also scaled out of some of these trades and aimed for more than the suggested ATR profit objective.

gbpjpym 634 pips Closed 1/2
nzdusdm -201 pips Stopped Out
audusdm -233 pips Stopped Out
gbpchfm 300 pips Closed 1/3
gbpjpym 173 pips Closed 1/2
audusdm 244 pips Hit Target
nzdusdm 165 pips Hit Target
gbpchfm 227 pips Closed 1/3
gbpchfm 685 pips Closed 1/3
  • #354
  • Nov 12, 2008 11:34am Nov 12, 2008 11:34am
Hi Everyone:

I have added the "ATR in Pips" indicator and see it on my chart as:

70% of ATR (5) 13.0000

Now I assume that if I want to set my TP at 70% it would be 13 pips, but how do I change this to say 50%?

I may even be wrong altogether.
DM if you have any questions
  • #355
  • Nov 12, 2008 11:37am Nov 12, 2008 11:37am
right click on chart
select atr in pips
Edit
select periods 5 and multyplier 1

that should give you 5 days 100% atr

paulus
  • #356
  • Nov 12, 2008 11:38am Nov 12, 2008 11:38am
Quoting rumba68
My results for this system has been great. I'm now officially flat as well. I entered limit orders on all of these and the only one I missed getting filled by only a few pips was EUR/CHF. I also scaled out of some of these trades and aimed for more than the suggested ATR profit objective.

gbpjpym 634 pips Closed 1/2
nzdusdm -201 pips Stopped Out
audusdm -233 pips Stopped Out
gbpchfm 300 pips Closed 1/3
gbpjpym 173 pips Closed 1/2
audusdm 244 pips Hit Target
nzdusdm 165 pips Hit Target
gbpchfm 227 pips Closed 1/3
[color=blue]gbpchfm...
Rumba did you change your SL as you closed out a portion of your position ?
  • #357
  • Nov 12, 2008 11:51am Nov 12, 2008 11:51am
Thank you Paulus for this wonderful system. Good for dayjobbers.

My results (times were different because of my job):
GMT 11/11/08 04:22 Sell AUDUSD TP 249 pips (SL 261 pips)
GMT 11/11/08 04:23 Sell USDJPY TP 173 pips (SL 147 pips)
GMT 11/11/08 04:24 Sell GBPJPY TP 531 pips (SL 379 pips)
GMT 11/11/08 04:25 Sell EURJPY TP 357 pips (SL 343 pips)
GMT 11/11/08 04:26 Sell AUDJPY TP 340 pips (SL 360 pips)
GMT 11/11/08 21:53 Sell EURCAD SL -198 pips (TP 312 pips) loss
  • #358
  • Nov 12, 2008 12:01pm Nov 12, 2008 12:01pm
Quoting TheMonk
Rumba did you change your SL as you closed out a portion of your position ?
Yes. I used fractals on 4HR as new stop loss level.
  • #359
  • Nov 12, 2008 12:04pm Nov 12, 2008 12:04pm
Thank you Paulus it did work

To be on the safe side I would want to set my multiplier down to .5% instead of having it set to 1 and always having to do calculations before a trade?


Quoting Paulus
right click on chart
select atr in pips
Edit
select periods 5 and multyplier 1

that should give you 5 days 100% atr

paulus
DM if you have any questions
  • #360
  • Nov 12, 2008 12:22pm Nov 12, 2008 12:22pm
they have worked well but there will be periods of losses must bear that in mind

Paulus
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