Make money Not pips
The Daily Fozzy Method 2,814 replies
bo7a method... method for GBP/JPY 205 replies
Frosty's Daily Trades - 100/40 1D EA method 79 replies
Fozzy Alt... one more approach to the Daily Fozzy Method 40 replies
Which is the Daily Vegas Method? 8 replies
DislikedI think we have settled on just before the London open for G/J, G/U, and E/J. Has anyone given any thought to using the 24 hr period ending just before the Asian session for NZD/JPY, AUD/JPY, or NZD/AUD? Or 24 hr before the NY session for USD pairs?Ignored
DislikedI'm manually backtesting EUR/USD based on the New York Market timeframe, since thats my daytime hours. NY opens at 8am (GMT -5). So I use the 8am candle as the end of the day.
I close the order when the NY Market closes, if it hasn't hit TP or SL.
Today's results = +21.8 at Market Close.
Friday = +37.8
Thursday = +32.8
Wednesday = -37.1
Range and volatility seems to be about 50% of the Cable Pairs...
I've backtested to Jan 1 and it seems promising. I've traded live for 6 days now on this pair...Ignored
DislikedUpdated ea, now with option to choose between 4 or 5 digit brokers.
Ea does cancel opposite pending order when open order hit TP, according to rules by $aly in post #1. setting named oco is renamed to TPco (TP cancel opposite) as it better describe the function.
About the errorcodes i dont know how to get around that, maybe another programmer will have a look at the code.
nilramIgnored
DislikedI think some of Pupsdad's confusion has come from the wording of the rules that simplecoders put down. i.e.
...
(3)* Divide the range by 4 ( 25% of the previous 24 hrs daily range)
(4) For Buy order Previous 24 hrs close + (3)*
(5) For Sell order previous 24 hrs close - (3) *
(6) Stop Loss; For buy order the stop loss is the opening of sell order and for sell order it is the opening of buy order.( This is the only difference with original rule posted by $ aly in the first post)
The +/- (3) * doesn't mean 3 pips but refers to the result of point...Ignored
Dislikedit's better to trade without any offset pips but if you want to decrease your risk :
1- puts your order +/- spread (no 3 pips)
2- set your TP= TP-spread
my above rules aren't so hot i only subordinate the first post rulesIgnored
DislikedDoes it mean you put all your orders at gmt+4 and your last candle starts at gmt+3. ThanksIgnored
DislikedIndeed, had to re-read it to see what you were saying - think the reference to point 3 confused some people (me briefly included!)Ignored
QuoteDisliked
I'll share the code for the indicator once i have access to my pc proper again, but will work on the above as well.
Apologies for not posting earlier.
Fredella
DislikedHi, a new indicator attached. Please check it out. I have changed some stuff around and have added the vertical lines. By using hourshift you can check if it complies with manual calculations you did earlier. If people want i can make the 10 pips configurable.
FredellaIgnored