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Daily Quarter method

  • #281
  • May 21, 2009 6:41am May 21, 2009 6:41am
I was away from my PC. Didn't place any trades today. How is it going for those who have placed trades?
  • #282
  • Edited 7:12am May 21, 2009 7:11am | Edited 7:12am
Quoting nevic
Hi
I've tried the dqm ea on a number of broker accounts and I quite often get this error
2009.05.21 17:00:40 '90194555': order buy stop 1.00 AUDCAD. opening at 0.88472 sl: 0.87983 tp: 0.88766 failed [Trade context is busy]

I think that the error is from having all the ea's (from different pairs) trying to place the orders at once. The result is that not all the pending orders are placed.

Has anyone else had this? Is it hard to fix or get around?

many thanks

Grant

Grant

I've just modified the code so that it should try 5 times to open each pending order, waiting 6 secs in between each attempt. Unfortunately I can't see any easy way of staggerring the attempts between each of the EAs running on different pairs - maybe we could add some kind of unique identifier to the parameters which the user has to set, and this in turn adds on X secs from the hour start before trying to place the orders. Might have a look at that one later.

Also I've added a check that we have 2 valid tickets before trying to cancel the buy/sell stop orders, which might help Pipcruiser.

Can somebody please let me know if this even compiles as I'm writing this in notepad without MetaEditor!

Cheers
BB
Attached File(s)
File Type: mq4 DQM2_3.mq4   7 KB | 302 downloads
  • #283
  • Edited 7:48am May 21, 2009 7:45am | Edited 7:48am
A big thankyou..... will try and let you know

Grant

Also it does compile
  • #284
  • May 21, 2009 8:17am May 21, 2009 8:17am
My resulst

EJ Long +48
GU Short +92
GY Long -105 Short +58

Total +93
Quoting simplecoders
I was away from my PC. Didn't place any trades today. How is it going for those who have placed trades?
Yea it's Life//
  • #285
  • May 21, 2009 8:20am May 21, 2009 8:20am
Hi all

When $aly started this thread, no EA's were discussed but lately the whole issue is about EA's.

My suggestion is that if you are an EA man start a new thread and leave this thread to discuss manual trading.

The way of manual trading is simple anough, without indicators but purely calculations to be done when you decided on your trading time. There is enough time for entering your orders.

Many pips for all of you.

John from Durban
  • #286
  • May 21, 2009 8:20am May 21, 2009 8:20am
Quoting serj1
My resulst

EJ Long +48
GU Short +92
GY Long -105 Short +58

Total +93
Thank you...so net positive..
When your daily 24hrs starts?
  • #287
  • May 21, 2009 8:22am May 21, 2009 8:22am
Quoting jmcl
Hi all

When $aly started this thread, no EA's were discussed but lately the whole issue is about EA's.

My suggestion is that if you are an EA man start a new thread and leave this thread to discuss manual trading.

The way of manual trading is simple anough, without indicators but purely calculations to be done when you decided on your trading time. There is enough time for entering your orders.

Many pips for all of you.

John from Durban

You are 90% right....
  • #288
  • May 21, 2009 8:26am May 21, 2009 8:26am
Quoting simplecoders
You are 90% right....
Hi simplecoders

What about the other 10% ?

  • #289
  • May 21, 2009 8:28am May 21, 2009 8:28am
Quoting Bilyb
Tomorrow I'll post when I do the setup. Time adjustments/explanations are difficult for me, too, but tomorrow should make it clear
As promised.. I just put in my setup based on the close of the last 1H Bar... 8am Eastern coinciding with the NY Markets opening.

8am Candle Close (Black Hanging Candle) = 1.37405
Yesterday's 9am Open (Looooong White Candle) was 1.36718
Low at 1.36715
Hi at 1.38382

I am using the rules from page 1 to set Entry & Targets. My Stops will be tighter at 1:1 Risk
Mine?
  • #290
  • May 21, 2009 8:53am May 21, 2009 8:53am
Quoting jmcl

Hi simplecoders

What about the other 10% ?

10% ...I leave it for those who cannot be with their PC at that particular hour.
Next for a separate thread....if the discussion is only on EA, without any discussion on the development of the strategy, it is better to have a separate thread for it.
  • #291
  • May 21, 2009 9:07am May 21, 2009 9:07am
Hello all,

In stead of putting all the money in one 24 hour period, we can split it up over a range of four or five hours. We can invest part at GMT +2, GMT +3, GMT +4 , GMT +5 and/or GMT +6. I find that all these give good results but may turn into loss some time. So diversifying into different time periods may lessen our total loss.
  • #292
  • May 21, 2009 9:13am May 21, 2009 9:13am
Quoting simplecoders
10% ...I leave it for those who cannot be with their PC at that particular hour.
Next for a separate thread....if the discussion is only on EA, without any discussion on the development of the strategy, it is better to have a separate thread for it.
I agree and would like to hear $aly's comments and suggestions. For me in South Africa we are running on GMT+2 but with the London market now on DST +1 ( I think ) there is alway adjustments to be made. My calculations here were from 09.00 to 09.00 but if I look back it would be better if I use 09.00 to 08.00 and do my calculations on the 08.00 candle.
  • #293
  • May 21, 2009 9:17am May 21, 2009 9:17am
Quoting serj1
My resulst

EJ Long +48
GU Short +92
GY Long -105 Short +58

Total +93
A/J +33 Just before Asian Open
G/U +91 London Open
N/J -118 Asian Open Lost on both Long and Short
G/J -114 London Open I closed my short this morning.

Total -108

For the NY Session

I have E/U and U/CAD orders in.
  • #294
  • May 21, 2009 9:58am May 21, 2009 9:58am
Asian market not friendly today
  • #295
  • May 21, 2009 10:04am May 21, 2009 10:04am
My daily usually starts at GMT +3 but yesterday i wasnt by a computer at that time so i entered at GMT +6.

Quoting simplecoders
Thank you...so net positive..
When your daily 24hrs starts?
Yea it's Life//
  • #296
  • May 21, 2009 10:06am May 21, 2009 10:06am
Quoting serj1
My daily usually starts at GMT +3 but yesterday i wasnt by a computer at that time so i entered at GMT +6.
So if you are late to put your trades in do you still use the GMT +3 candle and close or the most current candle and 24 hr period??
  • #297
  • May 21, 2009 10:08am May 21, 2009 10:08am
Thanks for the info. As far as i understand your stoploss is at 41 pips?

Thanks

Quoting Bilyb

I am using the rules from page 1 to set Entry & Targets. My Stops will be tighter at 1:1 Risk
Yea it's Life//
  • #298
  • May 21, 2009 10:11am May 21, 2009 10:11am
NO i use most current candle and 24 hr period. And i think for yesterday the high and low for GMT +3 and GMT+6 was the same.

Quoting truckjrt
So if you are late to put your trades in do you still use the GMT +3 candle and close or the most current candle and 24 hr period??
Yea it's Life//
  • #299
  • May 21, 2009 10:20am May 21, 2009 10:20am
Quoting simplecoders
Hello all,

In stead of putting all the money in one 24 hour period, we can split it up over a range of four or five hours. We can invest part at GMT +2, GMT +3, GMT +4 , GMT +5 and/or GMT +6. I find that all these give good results but may turn into loss some time. So diversifying into different time periods may lessen our total loss.
yes we have different daily starts here
and can anyone compare the various GMT hours results with each other????
  • #300
  • May 21, 2009 10:42am May 21, 2009 10:42am
Quoting serj1
Thanks for the info. As far as i understand your stoploss is at 41 pips?

Thanks
Yep
Today my stop is set at -41.7
Mine?
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