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Simple H1 GBPUSD EA

  • #841
  • Apr 28, 2010 5:27am Apr 28, 2010 5:27am
Quoting Golum
The Hd must be running if you eant that the metatrader work.

I have rated this thread with 5 starts
Good work geoffb
Many thanks for the info....

And for the Stars!
  • #842
  • Apr 28, 2010 5:52am Apr 28, 2010 5:52am
Quoting geoffb65
I do RefreshRates() before the first order and usually the first order is filled quickly so the second order follows through.

I was surprised that a re-quote would occur so quickly, I think this is broker dependent, Alpari are very keen on the entry price!

I think another RefreshRates() before the second order should fix this, I don't like Sleep() instructions when sending orders, you can end up with the second order being rejected every time.

If you know how to add the second RefreshRates() you can modify your own mq4 file!

Thanks for the...


Hi geoffb65,

Here is how one coder deals with the requotes. I am not a big coder my self, but he uses a while loop with say retries=10. My contribution to the thread:
Keep up the work.

while(retries > 0)
{
RefreshRates();
if (OrderType() == OP_BUY)
{
price = Bid;
}
else
{
price = Ask;
}

if (!sucess)
{
retries--;
Print("Error closing Order " + OrderTicket() + ": " + ErrorDescription(lerr));
if (lerr == ERR_TRADE_CONTEXT_BUSY) RandomSleep();
if (lerr == ERR_NO_CONNECTION) Sleep(3000);
if (lerr == ERR_REQUOTE || lerr == ERR_PRICE_CHANGED || lerr == ERR_OFF_QUOTES) return(-1);
}
else
{

}
}
}
break;
}


}
return (sucess);
  • #843
  • Apr 28, 2010 6:43am Apr 28, 2010 6:43am
Quoting inkuumba
Hi geoffb65,

Here is how one coder deals with the requotes. I am not a big coder my self, but he uses a while loop with say retries=10. My contribution to the thread:
Keep up the work.

while(retries > 0)...
Thank you, I can use some of this!
  • #844
  • Apr 28, 2010 6:49am Apr 28, 2010 6:49am
I panicked yesterday and closed my shorts at -25 per position, only later to have see it work out. Reason for my pulling out was that on 1 hour price had crossed MA and it seemed that is was gong to reverse. I also figured there would be a retrace of the big move down.
I guess I was wrong and should of stuck to that 93% win ratio of the system

Also tonight there is a bank holiday in Japan. Do we still trade tonight??
  • #845
  • Apr 28, 2010 6:53am Apr 28, 2010 6:53am
The spread tends to get high just when the market open, there is not much you can do about requotes not unless you get your order in before then. High activity leads to wider spreads.....
  • #846
  • Apr 28, 2010 7:01am Apr 28, 2010 7:01am
I have been following this thread for a while and the strategy is sure showing a lot of potential.
So thanks geoffb65 for sharing, and the great work you have done to date.

Can someone please help.
I have dropped the EA v.5a onto a couple of broker demo accounts,
and the Journal in both cases is returning a message
"DataCentre connecting failed (6)"
I assume that as a result of this the bot is not taking any trades.
As I have not come across this type of message can anyone tell me what I may be doing wrong.
Thanks in advance
PipBear
  • #847
  • Apr 28, 2010 7:03am Apr 28, 2010 7:03am
Quoting tommycz
I panicked yesterday and closed my shorts at -25 per position, only later to have see it work out. Reason for my pulling out was that on 1 hour price had crossed MA and it seemed that is was gong to reverse. I also figured there would be a retrace of the big move down.
I guess I was wrong and should of stuck to that 93% win ratio of the system

Also tonight there is a bank holiday in Japan. Do we still trade tonight??
I saw your earlier post and just hoped you would stick with it! lol!

I must admit, I would have been tempted to do the same as you but fortunately I was asleep at the time, which is the best way for me to trade, otherwise I end up doing the wrong thing!

We will trade tonight because the more I look at the charts the more I am convinced that it makes little difference what happens through the Asian session, the trend is taken up again by the London session.

Ok it's useful when Japan goes in the right direction but when it has gone against us our position it has been rescued once again when London gets into gear!
  • #848
  • Apr 28, 2010 7:05am Apr 28, 2010 7:05am
Quoting et_phonehome_2
The spread tends to get high just when the market open, there is not much you can do about requotes not unless you get your order in before then. High activity leads to wider spreads.....
Thank you for the info!

Do you think the "re-try" (post #842) code will get round the problem?
  • #849
  • Apr 28, 2010 7:08am Apr 28, 2010 7:08am
Hi Geoff and all,
Finally i got a trade open today on my demo account and closed with TP.
Only problem i ofund int he morning was that there was no TP/SL set on the order which was very strange. any idea why.
In the morning when i saw it was +90 PIPS and i closed it manually.


Thanks All
  • #850
  • Apr 28, 2010 7:09am Apr 28, 2010 7:09am
Hi Geoff and all,
Finally i got a trade open today on my demo account and closed with TP.
Only problem i ofund int he morning was that there was no TP/SL set on the order which was very strange. any idea why.
In the morning when i saw it was +90 PIPS and i closed it manually.


Thanks All
  • #851
  • Apr 28, 2010 7:11am Apr 28, 2010 7:11am
Quoting kvellimalai
Hi Geoff and all,
Finally i got a trade open today on my demo account and closed with TP.
Only problem i ofund int he morning was that there was no TP/SL set on the order which was very strange. any idea why.
In the morning when i saw it was +90 PIPS and i closed it manually.


Thanks All
Just wondering which version you are using since in V5a , TP1 is 22 and TP2 is at 49 pips. Don't see how you got 90?.. that is great needless to say!
  • #852
  • Apr 28, 2010 7:15am Apr 28, 2010 7:15am
I use version 5a. only one trade was open and there was no TP/SL. when I woke up in the mroning i found the trade with +90 PIPS.
my settings were default.


Velli
  • #853
  • Apr 28, 2010 7:16am Apr 28, 2010 7:16am
Quoting geoffb65
I saw your earlier post and just hoped you would stick with it! lol!

I must admit, I would have been tempted to do the same as you but fortunately I was asleep at the time, which is the best way for me to trade, otherwise I end up doing the wrong thing!

We will trade tonight because the more I look at the charts the more I am convinced that it makes little difference what happens through the Asian session, the trend is taken up again by the London session.

Ok it's useful when Japan goes in the right direction but when it has gone...
I was leaning towards that once London comes that they will continue to push the price back down. But since such a big move down during the day, I thought for sure there would be a bigger retrace.
But I made a few pips back during the London session to cover some of the loss.
  • #854
  • Apr 28, 2010 7:21am Apr 28, 2010 7:21am
Quoting tommycz
I was leaning towards that once London comes that they will continue to push the price back down. But since such a big move down during the day, I thought for sure there would be a bigger retrace.
But I made a few pips back during the London session to cover some of the loss.
Good for you!
  • #855
  • Apr 28, 2010 7:25am Apr 28, 2010 7:25am
Quoting kvellimalai
I use version 5a. only one trade was open and there was no TP/SL. when I woke up in the mroning i found the trade with +90 PIPS.
my settings were default.


Velli
It sounds like maybe your computer lost connection during the trade, if that happens the magic number can't be relied on to pick up where it left off.

Alternately, this can be caused if you reload the options during a trade, the magic number can't be relied on.
  • #856
  • Apr 28, 2010 7:39am Apr 28, 2010 7:39am
Quoting geoffb65
SETTING THE GMT OFFSET AND START TIME.
Hi geoffb65,
Can you tell what is the broker you use for monitoring your V4 trades, and can you share your set file for it?
The Road appears under the steps of walking men...
  • #857
  • Apr 28, 2010 7:45am Apr 28, 2010 7:45am
Hi Geoff,
My computer was on throughout the night and no refresh of the option or reload. NO hibernation. If it opened the trade it should have opened with the TP/SL. That is what i am very much surprised...

My Internet connection is more robust and is ADSL2. hence there won't be any network latency issues.
  • #858
  • Apr 28, 2010 7:48am Apr 28, 2010 7:48am
While we are waiting on the excellent manual traders to show up I'll tell you what I did. Nothing, bad mistake.
At the Tokyo open my 1H bar was well below the 10 SMA, but consolidation had set in. I considered entering a sell at the 23% retracement since I was about to eat dinner but was 4 bottles of Becks down and figured I wouldn't be back to manage it.
Entering the sell and going to bed would have worked or setting a sell at the 23fib would have been even better, I did neither. Oh well.
  • #859
  • Apr 28, 2010 7:53am Apr 28, 2010 7:53am
Quoting geoffb65
It sounds like maybe your computer lost connection during the trade, if that happens the magic number can't be relied on to pick up where it left off.

Alternately, this can be caused if you reload the options during a trade, the magic number can't be relied on.
Most of you are probably already using this but if not, I would highly recommend it. Just pop it on to it's own chart (any pair, any TF) and when you lose connection, it will automatically try to reconnect you every however many seconds you specify in the input.

Also, I just want to say a big thank you to Geoff for sharing his EA.
Attached File(s)
File Type: mq4 ReconnectEA.mq4   3 KB | 367 downloads
  • #860
  • Apr 28, 2010 7:55am Apr 28, 2010 7:55am
Quoting Soondoock
Hi geoffb65,
Can you tell what is the broker you use for monitoring your V4 trades, and can you share your set file for it?
Hi

I didn't know if anyone was using v4 it has been overshadowed by v5a.

I use Alpari demo account for v4 and my settings are:
TP 60 SL 120 TSL 19 my start time is 23 and GMToffset +2

I believe these are the default values!

Actually I was thinking about bringing v4 up to date, it hasn't done many trades recently, what do you think?
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