scooby-doo BOJ JPY pairs trading robot

Quoting scooby-doo

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Everyone

I would be very careful trading on Thursday 11th as there is an emergency EUR summit all day regarding Greece and others.

Information will get leaked to the markets and could have serious consequences if you happen to be on the wrong side of Euro and other trades.

I dont know if my EA will work or not as FFCAL lists the time as ALL DAY.

If I were retail trading using my own money then I would stay out of the market completely, its annoying I know but better to be safe than sorry.

However, it is ofcourse your call.

Goodluck

Scoobs....

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Quoting scooby-doo

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Everyone

I would be very careful trading on Thursday 11th as there is an emergency EUR summit all day regarding Greece and others.

Information will get leaked to the markets and could have serious consequences if you happen to be on the wrong side of Euro and other trades.

I dont know if my EA will work or not as FFCAL lists the time as ALL DAY.

If I were retail trading using my own money then I would stay out of the market completely, its annoying I know but better to be safe than sorry.

However, it is ofcourse your call.

Goodluck

Scoobs....

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Quoting scooby-doo

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point = MarketInfo(symbol,MODE_POINT);
digit = MarketInfo(symbol,MODE_DIGITS);
sl = NormalizeDouble(price-stop*point,digit);
tp = NormalizeDouble(price+take*point,digit);
ticket = OrderSend(symbol,dir,lots,price,3,sl,tp,Key,Magic,0,CLR_NONE);

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digit = MarketInfo(symbol,MODE_DIGITS);
if (digit==3 || digit==5) digit--;

Quoting hquevedoamar

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Thanks a lot Scoobs.

But i do have a question. Does this include the Original BOJ trading session that start in a few hours (around 3 hours 30 minutes) ?

Sorry if this is a very basic, maybe daft, question.

Hernando

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Quoting hquevedoamar

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Thanks a lot Scoobs.

But i do have a question. Does this include the Original BOJ trading session that start in a few hours (around 3 hours 30 minutes) ?

Sorry if this is a very basic, maybe daft, question.

Hernando

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Quoting getdown71

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You are a mind reader Scoobs. I was thinking an ATR based exit would do the trick on your new Beast.

I have ATR based exit on the system xux99 and I have developed. (see link below)

http://www.forexfactory.com/showthread.php?t=217950

The ATR exit makes a big difference - plus a 2 step TP sequence.

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Quoting scooby-doo

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This is a very good question, so I will answer it.

However, the EURO summit starts at 7.00am GMT on the 11th. So if you end up with open XXXJPY trades after this time you could potentially be in trouble.

I wouldnt expect any news before GMT lunchtime but all it takes is for one stupid finance minister or secretary to leak or make comments on how it is going during breaks etc and the markets will take off like a rocket UP or DOWN.

Scoobs

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Quoting fxtrader08

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Scoobs,

Didn't I read that the advice was not to trade on BOJ holidays?

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Quoting scooby-doo

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Yes,

However, on this occasion the BOJ traders will be operating in Tokyo and overseas.

Again, its your call if you want to trade.

Scoobs.

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Quoting scooby-doo

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I meant it for the entries so we are not placing trades where the 20 day EMA is close to the 200 day EMA. i.e. potential trend reversals.

Scoobs

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Quoting maxou888

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I use both, but may be it's stupid

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Quoting scooby-doo

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It already does this...

RefreshRates();
price = MarketInfo(symbol,MODE_ASK);
point = MarketInfo(symbol,MODE_POINT);
digit = MarketInfo(symbol,MODE_DIGITS);
sl = NormalizeDouble(price-stop*point,digit);
tp = NormalizeDouble(price+take*point,digit);
ticket = OrderSend(symbol,dir,lots,price,3,sl,tp,Key,Magic,0,CLR_NONE);

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Quoting scooby-doo

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This is a very good question, so I will answer it.

However, the EURO summit starts at 7.00am GMT on the 11th. So if you end up with open XXXJPY trades after this time you could potentially be in trouble.

I wouldnt expect any news before GMT lunchtime but all it takes is for one stupid finance minister or secretary to leak or make comments on how it is going during breaks etc and the markets will take off like a rocket UP or DOWN.

Scoobs

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Quoting bruunoalves

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scooby,
I'm 170 pips GBPJPY positive selling. you think you still have a long way down? cruel doubt!
My idea would be a trail stop. how many pips do you think is a good retracement, to let the trade go more?

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Quoting zznbrm

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Yes, that code is very nice. However, I was talking about the code block above that:

if(Digits == 3 || Digits == 5)
{
spread *= 10;
take *= 10;
stop *= 10;
}

For example, on my FxPro demo, EURJPY is 3 digits. AUDJPY is 2 digits. If the EA is attached to EURJPY chart, then the spread, take, and stop variables will be incorrect for pairs like AUDJPY. Fix:

if ( MarketInfo(symbol,MODE_DIGITS)== 3 || MarketInfo(symbol,MODE_DIGITS)==5)

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Quoting scooby-doo

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Scooby 20EMA-200EMA-RSI3

One thing has popped into my head about this regarding how close the 20 day EMA is to the 200 day EMA.

What I propose is the following...

double Gap = iATR(Pairs[b],1440,1,0) / MarketInfo(Pairs[b],MODE_POINT);

Buy = 20EMA > (200EMA + Gap)
Sell = 20EMA < (200EMA - Gap)

Does anyone have a view ?

Scoobs

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Quoting scooby-doo

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What the hell broker is doing that ????????????????????????????

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Quoting scooby-doo

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What the hell broker is doing that ????????????????????????????

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