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Simple H1 GBPUSD EA

  • #561
  • Apr 26, 2010 10:59am Apr 26, 2010 10:59am
Quoting marquinhos
Hello Geoff
Thanks for sharing your strategy
My Broker is MBtrading and is -4 from GMT
So my settings would be:
GMT Offset -4
Star Time 1
is it?
If you use GMToffset -4 then start time will be 0.
  • #562
  • Apr 26, 2010 11:01am Apr 26, 2010 11:01am
Ok

Obrigado
  • #563
  • Apr 26, 2010 12:37pm Apr 26, 2010 12:37pm
I'm confused on GMT and start time, hope someone can clarify


My FXDD broker is +3

What should i set start time?
  • #564
  • Apr 26, 2010 12:52pm Apr 26, 2010 12:52pm
Hi,

Do you know what it is error in MT4?
first trade ok but second treda is this error:

2010.04.25 20:10:08 Simple_H1_GBPUSD_EAv5a GBPUSD,H1: Buy OrderSend 2 failed with error #136
2010.04.25 20:10:03 Simple_H1_GBPUSD_EAv5a GBPUSD,H1: open #32920159 buy 0.05 GBPUSD at 1.53972 ok


Thanks.
  • #565
  • Apr 26, 2010 1:12pm Apr 26, 2010 1:12pm
Start time (Gmt offset=0)

Alpari UK 1 (now Alpari time=20.10
IBFX 23 (2 hours before Alpari, now IBFX time 18.10 (=GMT))
FXDD 2 (1 hour after Alpari, now FXDD time 21.10)

Hope it helps

Elovv
  • #566
  • Edited 2:08pm Apr 26, 2010 1:22pm | Edited 2:08pm
Quoting pcguy007
I'm confused on GMT and start time, hope someone can clarify


My FXDD broker is +3

What should i set start time?
I will apologise to pcguy007 in advance, sorry pcguy007


This is the last time I will answer this question!

1. Broker time is offset from GMT by + or - x hours

So set the GMT offset to the + or - x hour value.

Thus you have compensated for the difference between your brokers time and GMT,
so you can now specify all times as GMT.

2. The Tokyo session starts at 0:00 GMT

So the start time is set to 0.

(If we were specifying the London start this would be set to 8 as London starts at 8:00 GMT)

Why is this so difficult to understand?


This is not aimed at you pcguy007 but I have answered this question soooo many times along with everyone else on FF who has ever posted an EA.

In your case set GMT offset to 3 and your start time to 0.
  • #567
  • Apr 26, 2010 1:26pm Apr 26, 2010 1:26pm
When i went through the thread there was mention of a setting that would prevent the backtest tool from periodically taking breaks every few seconds, i can not find that post again, any chance someone could remind me of the setting?
  • #568
  • Apr 26, 2010 1:29pm Apr 26, 2010 1:29pm
Quoting kon5t
When i went through the thread there was mention of a setting that would prevent the backtest tool from periodically taking breaks every few seconds, i can not find that post again, any chance someone could remind me of the setting?
In the settings table for the EA the bottom option is Show_Settings, this should be set to "false" for backtesting.
  • #569
  • Apr 26, 2010 1:35pm Apr 26, 2010 1:35pm
Quoting geoffb65
In the settings table for the EA the bottom option is Show_Settings, this should be set to "false" for backtesting.
Great stuff that has speeded things up a bit, thanx
  • #570
  • Apr 26, 2010 3:02pm Apr 26, 2010 3:02pm
I use Alpari UK.
I think GMT offset is +2 and start time is 0. Is this right?
  • #571
  • Apr 26, 2010 3:09pm Apr 26, 2010 3:09pm
Thank you Geoff for your contribution. But I want to ask a question. If I am going to trade this manually , Which TF trend are we talking about?? So the 10 SMA should be up in which TF ? My guess will be 1H chart nut just wanna be sure.
  • #572
  • Apr 26, 2010 3:10pm Apr 26, 2010 3:10pm
Quoting Taiyakixz
I use Alpari UK.
I think GMT offset is +2 and start time is 0. Is this right?
Yes
  • #573
  • Apr 26, 2010 3:16pm Apr 26, 2010 3:16pm
Quoting Taiyakixz
I use Alpari UK.
I think GMT offset is +2 and start time is 0. Is this right?
give a man a fish and he will feed himself for a day, teach him how to fish and he will eat for a life time,

this this spirit i am going to help you to help yourself, i suggest you trial and error the EA until you have worked it out for yourself, the sense of achievement will be huge when you find the answer for yourself.

In fact why not start like this: check what the current candle is, and see how that is offset to your local time......

Apologies to everyone else, but this thread is about refining an EA to a stage where it will be profitable, IT IS NOT about how to work out GMT offset. If you search on the internet, or even within this forum, the answers will come to you.
  • #574
  • Apr 26, 2010 3:16pm Apr 26, 2010 3:16pm
Quoting Brb-Fraudin
Thank you Geoff for your contribution. But I want to ask a question. If I am going to trade this manually , Which TF trend are we talking about?? So the 10 SMA should be up in which TF ? My guess will be 1H chart nut just wanna be sure.
1h is correct.
  • #575
  • Apr 26, 2010 3:25pm Apr 26, 2010 3:25pm
Why Geoff MT4 stats show take profit of 1 and 2 pips ?? Anyone knows??
http://simplegbpusdv4.mt4live.com/
  • #576
  • Apr 26, 2010 3:44pm Apr 26, 2010 3:44pm
Quoting Brb-Fraudin
Thank you Geoff for your contribution. But I want to ask a question. If I am going to trade this manually , Which TF trend are we talking about?? So the 10 SMA should be up in which TF ? My guess will be 1H chart nut just wanna be sure.
Definitely H1!
  • #577
  • Apr 26, 2010 3:45pm Apr 26, 2010 3:45pm
Quoting kon5t
give a man a fish and he will feed himself for a day, teach him how to fish and he will eat for a life time,

this this spirit i am going to help you to help yourself, i suggest you trial and error the EA until you have worked it out for yourself, the sense of achievement will be huge when you find the answer for yourself.

In fact why not start like this: check what the current candle is, and see how that is offset to your local time......

Apologies to everyone else, but this thread is about refining an EA to a stage where it will be profitable,...
Thank you!
  • #578
  • Apr 26, 2010 3:47pm Apr 26, 2010 3:47pm
Quoting Brb-Fraudin
Why Geoff MT4 stats show take profit of 1 and 2 pips ?? Anyone knows??
http://simplegbpusdv4.mt4live.com/
These are caused by the trailing stop!
  • #579
  • Apr 26, 2010 3:49pm Apr 26, 2010 3:49pm
Quoting Taiyakixz
I use Alpari UK.
I think GMT offset is +2 and start time is 0. Is this right?
Alpari UK is currently GMT +1
  • #580
  • Apr 26, 2010 3:54pm Apr 26, 2010 3:54pm
Do recommend staying away from pairs with high impact news at Tokyo session??
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