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GbpUsd 5 min breakout

  • #301
  • Dec 23, 2009 7:49pm Dec 23, 2009 7:49pm
Quoting hnosair
my bad. there was a piece of code which made the program think it was an indicator. see attachment for fixed code.

to compile the code, you need to open the file using metaeditor and then click on compile. if it compiles successfully, there should be no warning or error messages.

i will also attach the compiled code (.ex4)
One more piece of mod needed. The Buy Rule includes Spread. I ran a quick backtest and realize the EA does not include this Buy Rule.

Thanks for the EA
  • #302
  • Dec 23, 2009 8:04pm Dec 23, 2009 8:04pm
Quoting mrpipp
Correction. I'm going to change the start time to "7:55" and the end time to "8:15". In this case, the EA draws a blue box around the high and low of the 8:00, 8:05, and 8:10 candles.
so, does it need fixing? i can look into it.
  • #303
  • Edited 8:49pm Dec 23, 2009 8:07pm | Edited 8:49pm
Quoting Cashcalf
One more piece of mod needed. The Buy Rule includes Spread. I ran a quick backtest and realize the EA does not include this Buy Rule.

Thanks for the EA
you are welcome. yes, you mentioned this earlier but i forgot. i will fix it. no problem.

btw, is this part of Cain's strategy?
  • #304
  • Dec 23, 2009 9:09pm Dec 23, 2009 9:09pm
Quoting hnosair
so, does it need fixing? i can look into it.
As long as we know the correct time range, I think we can live with it.
  • #305
  • Dec 23, 2009 9:18pm Dec 23, 2009 9:18pm
i am finding some problems with my logic. i will keep working on it.
  • #306
  • Dec 23, 2009 10:35pm Dec 23, 2009 10:35pm
updated code with many fixes

i added the spread to the take-profit. but the strategy tester shows spread as zero. maybe spread is not stored with historical data.

see attachment
Attached File(s)
File Type: mq4 Cain_System.mq4   11 KB | 230 downloads
File Type: ex4 Cain_System.ex4   16 KB | 180 downloads
  • #307
  • Dec 24, 2009 12:00am Dec 24, 2009 12:00am
Quoting hnosair
updated code with many fixes

i added the spread to the take-profit. but the strategy tester shows spread as zero. maybe spread is not stored with historical data.

see attachment
When I change times and try to compile, I get an "Access is Denied" box,
with the latest EA. Also, the red buffer is only 1 pip, should be 10 pips
  • #308
  • Dec 24, 2009 2:47am Dec 24, 2009 2:47am
Quoting Cashcalf
Not a good day for anyone who traded today...
Hi Cashcalf,

Is the yellow line on your chart Grant's 85 EMA? Areyou using it as a filter to avoid certain trades?

Thanks,
BC
  • #309
  • Dec 24, 2009 4:22am Dec 24, 2009 4:22am
Quoting mrpipp
When I change times and try to compile, I get an "Access is Denied" box,
with the latest EA. Also, the red buffer is only 1 pip, should be 10 pips
the EA only works in M5 charts. if you try another period, you get unexpected results.

here is a fixed EA to include the spreads working correctly.

i apologize for the many fixes. i am new to programming in MT4. and my specialization is engineering, not software programming. Lanzio is supposed to be working on a much better EA and he is a software programmer.
Attached File(s)
File Type: mq4 Cain_System.mq4   11 KB | 289 downloads
File Type: ex4 Cain_System.ex4   16 KB | 282 downloads
  • #310
  • Dec 24, 2009 5:00am Dec 24, 2009 5:00am
Have you tied this on other pairs like the EURUSD for example?
  • #311
  • Edited 11:22am Dec 24, 2009 5:45am | Edited 11:22am
Quoting tradefxlive
Have you tied this on other pairs like the EURUSD for example?
it should work on any M5 chart. the EA gets its data from the chart it is attached to. that is why the chart should stay on the M5 time frame.

==================

i am doing back testing and i notice that it does not work in ranging market !
  • #312
  • Dec 26, 2009 8:56am Dec 26, 2009 8:56am
Quoting Bobcat2
Hi Cashcalf,

Is the yellow line on your chart Grant's 85 EMA? Areyou using it as a filter to avoid certain trades?

Thanks,
BC
No Bob..its just a 200 EMA. I am trading the 3-Ducks as well
  • #313
  • Dec 26, 2009 9:58am Dec 26, 2009 9:58am
CC,

How has the 3 Ducks Strategy worked out for you?

BC
  • #314
  • Dec 26, 2009 11:27am Dec 26, 2009 11:27am
Quoting Bobcat2
CC,

How has the 3 Ducks Strategy worked out for you?

BC
Sorry.. its a 60 SMA.

3Ducks has helped me as a filter for other systems I am trading like this one - 5min-GBP-USD. My trade on the 22nd Dec using the GBP-USD was filtered using 3Ducks
  • #315
  • Edited 12:01pm Dec 29, 2009 2:44am | Edited 12:01pm
36 pips for 12/28
27 pips for 12/29 buy
27 pips for 12/29 sell

  • #316
  • Dec 29, 2009 5:45am Dec 29, 2009 5:45am
Quoting slade1986
36 pips for 12/28
27 pips for 12/29

Good for you...

I got hit both the Buy and Sell...
Attached Image
  • #317
  • Dec 29, 2009 10:07am Dec 29, 2009 10:07am
Setup for 12/27, 35.8 on the long, cancelled the short.
Setup for 12/28, 30 on the long, 27 on the short.
Very Nice!
  • #318
  • Dec 29, 2009 1:18pm Dec 29, 2009 1:18pm
hi all

big thx to cain for this great system and hnosair for the ea

could someone tell me how to change the time settings on the ea ?

thx in advance
  • #319
  • Dec 30, 2009 3:13am Dec 30, 2009 3:13am
Thank you for sharing Cain, really good system.
Keeping it simple stupid.
  • #320
  • Dec 30, 2009 6:19am Dec 30, 2009 6:19am
Quoting efx1985
hi all

big thx to cain for this great system and hnosair for the ea

could someone tell me how to change the time settings on the ea ?

thx in advance
you are very welcome

when you drag the EA to a chart, a pop-up window will appear where you can change the parameters. note that this EA has not been tested. you should try it on demo account first.
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