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Simple H1 GBPUSD EA

  • #521
  • Apr 26, 2010 3:22am Apr 26, 2010 3:22am
Quoting kvellimalai
Hi Geoff
Youa re right i have my login with AUStralian. Axisodl parent organization is at UK and they just started their branch at Australia.
when i checked my chart timing it shows as GMT time. See the attached file for more information.current time here at Syd is 06:05 PM where as teh chart shows as 07:35 am
Not sure where i am doing wrong. my demo account hasn't open any trade.

Regards
Velli
Any chance of you showing me your H1 chart?

H1 is the correct chart for this EA and I will highlight the start candle!
  • #522
  • Apr 26, 2010 3:39am Apr 26, 2010 3:39am
Quoting geoffb65
Any chance of you showing me your H1 chart?

H1 is the correct chart for this EA and I will highlight the start candle!
Good morning Geoffb65. Can you tell me how long it should take to run a strategy tester on Alpari demo for V5A without any changes to the default setup plse? takes hours on my laptop.
  • #523
  • Apr 26, 2010 3:47am Apr 26, 2010 3:47am
Hi, what is the minimum account size for this EA if you can use micro lots?
And gmt offset is the only setting that one need to change right?
  • #524
  • Apr 26, 2010 4:22am Apr 26, 2010 4:22am
Quoting Haishang
Good morning Geoffb65. Can you tell me how long it should take to run a strategy tester on Alpari demo for V5A without any changes to the default setup plse? takes hours on my laptop.
You need to set Show_Settings to false, otherwise it will take forever!

I use a laptop for my testing and "Every Tick" for 12 months takes 10 to 15 minutes.
  • #525
  • Apr 26, 2010 4:24am Apr 26, 2010 4:24am
Quoting zealvix
Hi, what is the minimum account size for this EA if you can use micro lots?
And gmt offset is the only setting that one need to change right?
I have not tried this but I think it will work on a $100 account at 0.01 lot size.

The only way to find out for sure is to back test it with these settings before putting it on a live account!

You only need to change the GMT offset as all the other settings are optimised.
  • #526
  • Apr 26, 2010 4:49am Apr 26, 2010 4:49am
Hi guys!

First of all I would like to say congratulations and many thanks on this ea!
I've been following it from the start and have just decided to run my own tests.
I was wondering if anybody could help me as im still having trouble getting my head around the gmt settings. I'm with Gomarkets aus who has a gmt setting of 2+ on their server and I'm unsure how that alters the value i need for the ea.

Thanks in advance!
  • #527
  • Apr 26, 2010 5:07am Apr 26, 2010 5:07am
Quoting geoffb65
You need to set Show_Settings to false, otherwise it will take forever!

I use a laptop for my testing and "Every Tick" for 12 months takes 10 to 15 minutes.
I hate to pester you and admit that I am bullocks but it still does not work. I put the settings both for the ea and the strategy builder to false, seperate (means one by one) and then together......it still does not work.
  • #528
  • Apr 26, 2010 5:21am Apr 26, 2010 5:21am
Quoting Haishang
I hate to pester you and admit that I am bullocks but it still does not work. I put the settings both for the ea and the strategy builder to false, seperate (means one by one) and then together......it still does not work.
I'm sorry but without sitting at your computer I can't imagine what the problem is, I have no problem lockin 'n loadin!
  • #529
  • Apr 26, 2010 5:31am Apr 26, 2010 5:31am
Quoting zealvix
Hi, what is the minimum account size for this EA if you can use micro lots?
And gmt offset is the only setting that one need to change right?
Just to put it to the test, here is a back-test on a $100 account with 0.01 lot size and it does work ok!
Attached File(s)
File Type: zip SimpleV5a_Micro.zip   88 KB | 456 downloads
  • #530
  • Apr 26, 2010 5:31am Apr 26, 2010 5:31am
Quoting geoffb65
I'm sorry but without sitting at your computer I can't imagine what the problem is, I have no problem lockin 'n loadin!
understand. I now put the settings back to true for the ea and let the strategy tester run with having set on false. (so everything is in default mode apart from this)

Thanks a lot for this great ea!
  • #531
  • Apr 26, 2010 5:33am Apr 26, 2010 5:33am
Quoting Haishang
understand. I now put the settings back to true for the ea and let the strategy tester run with having set on false. (so everything is in default mode apart from this)

Thanks a lot for this great ea!
Good Luck!
  • #532
  • Apr 26, 2010 5:57am Apr 26, 2010 5:57am
Hi Geoffb65,

Do you know the start time for IBFX us broker?

Thanks alot,


inkuumba
  • #533
  • Apr 26, 2010 5:57am Apr 26, 2010 5:57am
Geoff

You have mentioned considering a scalper. Fearing being shot down in flames I would like to suggest the following which I have noticed when using the current EA.

Once the price closes on 1hr chart having crossed the SMA (setting = 10) there seems to be an opportunity to grab a couple of pips at least. I am thinking only 2 or 3 pips (20 or 30 for 5 digit), although you could close half at this amount and see how the rest plays out. It would appear that this cross over could happen 2 or 3 times a day. If we then combine this with Steve's approach to multi pair trading EA's then this could add up to a fairly decent amount of pips each day. Even if we made 50 to 100 pips a week the compound effect of this over time would lead to significant profits. By only looking for a couple of pips at a time it hopefully means we aren't in the market for too long and therefore do not get exposed to sudden news events or movements against our position. I am useless at coding but have looked back over the charts and this does look like it could work. NOt sure about the SL although I have tried a couple of trades with a 15 pip SL not that it was needed.

I appreciate your and anyone else thoughts on this - maybe we should start a new thread as I don't want to hijack this one. While I am typing can I also thank you for the excellant EA you have produced. Version 5a took 2 trades last night both hit tp. Hoping to go live next week with this one.

Cheers

Paul
  • #534
  • Apr 26, 2010 6:08am Apr 26, 2010 6:08am
Quoting paulbt38
Geoff

You have mentioned considering a scalper....
Hi Paul

I have noticed the same thing myself but I have been looking at it as a way to make more than a couple of pips however, your idea may be more practical.

We would have to wait for a close above/below the SMA and this is where the problems start with my idea for higher gains, yours is much better in this regard.

You are correct, we would need to start a new thread but I am willing to do some coding for you if you wish and I'm pretty sure Steve would think likewise!
  • #535
  • Apr 26, 2010 6:25am Apr 26, 2010 6:25am
hi geoff..

thanx for sharing this system and ea
i've been following this thread from the begining and this is my first post.
after using this system on demo acc, i get a positive result, and now i want try the ea. I have few question :

1. which ea is better for mini acc ?
2. if my broker timezone is GMT +3, is that right to set GMT offset = 0,
and Start time = 3
3. how can i get historical price to backtest the ea ? coz i can only do backtest from 03/march/2010 until this day.

PS : please explain point 3 in detail

regards

Tinorio
Helping Others bring u luck
  • #536
  • Apr 26, 2010 6:38am Apr 26, 2010 6:38am
Quoting tinorio
hi geoff..

thanx for sharing this system and ea
i've been following this thread from the begining and this is my first post.
after using this system on demo acc, i get a positive result, and now i want try the ea. I have few question :

1. which ea is better for mini acc ?
2. if my broker timezone is GMT +3, is that right to set GMT offset = 0,
and Start time = 3
3. how can i get historical price to backtest the ea ? coz i can only do backtest from 03/march/2010 until this day.

PS : please explain point 3 in detail

regards

Tinorio
Hi Tinorio

1. I think v5a is the best for any account!
2. Aaaagh! The time zone thingy again!
If your broker is GMT+3 you can set GMToffset to 0 and start time to 3 or
you can set GMToffset to 3 and start time to 0, they both end up the same.
3. If you are happy with 90% modeling quality, in your MT4 go to Tools, History Centre and select GBPUSD M1 and click Download, this will download the necessay historical data.

If you want 99% modeling there is a post regarding downloading much bigger files from Dukascopy somewhere in the thread.

Hope this helps!
Geoff
  • #537
  • Apr 26, 2010 6:39am Apr 26, 2010 6:39am
Geoff

I have started the new thread http://www.forexfactory.com/showthre...13#post3670813. Thanks for your offer of help, hopefully we can make lots of pips.
  • #538
  • Apr 26, 2010 6:43am Apr 26, 2010 6:43am
I know I've been here before,with this question.

I still can't get the EA take any trade on eighther on demo or live account with Alpari UK.

I also live in uk ( london ), with setting as default.

Although it works,when I back test it,only since march 2010,any longer time,get an error that the volume excceds,somthing like that.

So otherwise it works with back testing.

I have installed it on GU 1H as well as 15M.

Any help will be appeciated.

Thanks.
  • #539
  • Apr 26, 2010 6:45am Apr 26, 2010 6:45am
Quoting Monty13
I know I've been here before,with this question.

I still can't get the EA take any trade on eighther on demo or live account with Alpari UK.

I also live in uk ( london ), with setting as default.

Although it works,when I back test it,only since march 2010,any longer time,get an error that the volume excceds,somthing like that.

So otherwise it works with back testing.

I have installed it on GU 1H as well as 15M.

Any help will be appeciated.

Thanks.
Oh by the way I'm using the latest v5.
  • #540
  • Apr 26, 2010 6:52am Apr 26, 2010 6:52am
Hi Geoff,
Thanks very much for reply. attached please find the 1 Hr chart as you asked for your investigation.

Thanks a lot for taking the pain..
Attached Image (click to enlarge)
Click to Enlarge Name: gbp-usd-chart.gif Size: 23 KB
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