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Attachments: 0400-0700 GMT Breakout Strategy
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0400-0700 GMT Breakout Strategy

  • #1,041
  • Aug 24, 2009 2:55am Aug 24, 2009 2:55am
Today I went short on gu for 30 pips on 2 to 5 gmt as the box was small and ma's was flat.

The gj however I did not take short as the trend show long and I will wait.

May the pips follow you this week.
  • #1,042
  • Aug 24, 2009 4:13am Aug 24, 2009 4:13am
wltam,
Could you add to the code EA_breakout_trend_TP3 variable lot depending on the size of balance?
Then we can test on the history of trade with the size of the lot.
Thank in advance.
  • #1,043
  • Aug 24, 2009 3:32pm Aug 24, 2009 3:32pm
Quoting wltam
When 1st order reach TP1
the stoploss will move to the entry price
var_from_entry is use to adjust that stoploss
it means when var_from_entry = -10
it will move to 10pips below from the entry price

again
when the 2nd order reach TP2
the stoploss will move to the TP1
var_from_TP1 is used to adjust too
wltam thank you for your EAs. For var_from_entry and var_from_TP1 I would like long trades to be set to BE +10 and short trades to BE -10. (Or TP2 + 10/TP2 -10). If I set both of these to -10 does the EA adjust the SL based on if it'slong or short?

Thanks!
Sandy
  • #1,044
  • Aug 24, 2009 8:18pm Aug 24, 2009 8:18pm
Quoting nubchai
wltam thank you for your EAs. For var_from_entry and var_from_TP1 I would like long trades to be set to BE +10 and short trades to BE -10. (Or TP2 + 10/TP2 -10). If I set both of these to -10 does the EA adjust the SL based on if it'slong or short?

Thanks!
Sandy
if set +10 for var_from_entry
the SL will become:
entry price + 10 for long
entry price - 10 for short
  • #1,045
  • Aug 25, 2009 12:31am Aug 25, 2009 12:31am
Both gu +gj shows down today.

Let's see.
  • #1,046
  • Aug 25, 2009 2:36am Aug 25, 2009 2:36am
Took short GU GJ GCAD

Already hit TP1 for GU and stoped BE for the other 2 lots

still waiting for GJ GCAD to do something....
  • #1,047
  • Aug 25, 2009 2:45am Aug 25, 2009 2:45am
Quoting Weasy2k
Took short GU GJ GCAD

Already hit TP1 for GU and stoped BE for the other 2 lots

still waiting for GJ GCAD to do something....

can i ask, which broker do you use?
  • #1,048
  • Aug 25, 2009 2:53am Aug 25, 2009 2:53am
Oh, you also take GCAD.
Does it has good result!?
Quoting Weasy2k
Took short GU GJ GCAD

Already hit TP1 for GU and stoped BE for the other 2 lots

still waiting for GJ GCAD to do something....
  • #1,049
  • Aug 25, 2009 3:02am Aug 25, 2009 3:02am
i already check this system for 2-3 weeks.... and it's good but we should wait and stay to Break Out on of them. soo manytimes i miss the opportunity. any idea for this case guys.... thanks a lot
  • #1,050
  • Aug 25, 2009 3:19am Aug 25, 2009 3:19am
Quoting Weasy2k
Took short GU GJ GCAD

Already hit TP1 for GU and stoped BE for the other 2 lots

still waiting for GJ GCAD to do something....
SL for GJ also
  • #1,051
  • Aug 25, 2009 3:29am Aug 25, 2009 3:29am
Witman any chance of you puting up the charts for all your trades today.. they are great for a referance.

Thanks

Danny
  • #1,052
  • Aug 25, 2009 5:31am Aug 25, 2009 5:31am
Hello everybody!
wltam, I want to thank you for the EA you shared. I trade this strategy for a few months and always wanted to have an EA. Can you please answer a question? Does it need any indicators or not?

Regards,
Soondoock
The Road appears under the steps of walking men...
  • #1,053
  • Aug 25, 2009 6:52am Aug 25, 2009 6:52am
I was under the impression that this thread was for the above strategy however upon reading more recent posts it seems that we have 00-04 00-05 etc.

Please explain.

KB
  • #1,054
  • Aug 25, 2009 8:24am Aug 25, 2009 8:24am
Quoting Soondoock
Hello everybody!
wltam, I want to thank you for the EA you shared. I trade this strategy for a few months and always wanted to have an EA. Can you please answer a question? Does it need any indicators or not?

Regards,
Soondoock
no need
  • #1,055
  • Aug 25, 2009 10:47am Aug 25, 2009 10:47am
Quoting hutchy
can i ask, which broker do you use?
I use fxpro for charts and Oanda right now for trading just because i have a small amount of money and only oanda lets me trade tiny lots.
  • #1,056
  • Aug 25, 2009 10:51am Aug 25, 2009 10:51am
Quoting wltam
Oh, you also take GCAD.
Does it has good result!?
I am still testing GCAD but it does give GREAT breakouts. I have more backtesting to do so far its looking like its the best for NY session open only.

To be honest ANY GBP pair is going to be the best because it amplifies the standard USD pairing... So if UCAD moves down 20 pips GCAD tends to just tank 40-50+pips. Of course that is only on days where GBP is the weakest and as of late...it is the weakest currency to play

I did get some profit today on it (TP1)
My GJ never triggered as i only trade 2 pairs a night so the first 2 to take my L/S orders i trade...the rest i close the open orders. Thankfully because GJ was kinda useless.

London session: GCAD & GU both netting me 25 pips each.
Not bad considering this london session was VERY range bound...still is rangebound.
  • #1,057
  • Aug 25, 2009 11:32am Aug 25, 2009 11:32am
Quoting wltam
if set +10 for var_from_entry
the SL will become:
entry price + 10 for long
entry price - 10 for short
wltam thank you very much

Sandy
  • #1,058
  • Aug 25, 2009 4:04pm Aug 25, 2009 4:04pm
Hi all, i did backtest period january 2008 to august 2009, results are completly different, during all 2008, the system loose and reverse exactly in begining of january and run well during the first 8 month of 2009.

Anybody have an idea about that ? bad optimisation ? change of volatility ? change of market ? all ideas are welcome

thanks

Greg
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  • #1,059
  • Aug 25, 2009 9:22pm Aug 25, 2009 9:22pm
hi just to calrify do you guys trade the breakout from 5am - 8am UK time with no buffer?

I'm confused because some trade the 8.30 bar on a 30 min chart and some trade using the 15 min chart.
  • #1,060
  • Aug 26, 2009 2:15am Aug 26, 2009 2:15am
Ea looks promising. It would be also great to have the possibility to enter position with triple lot instead of 3 separate positions. And close 1/3 part of the position when the TP reached.
The Road appears under the steps of walking men...
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