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Simple H1 GBPUSD EA

  • #881
  • Apr 28, 2010 3:04pm Apr 28, 2010 3:04pm
Quoting tommycz
I know I asked this once before.. but do people plan to trade tonight? There is a bank holiday in Japan. What have past experience been like when Japan is on a holiday?
I plan only to trade in demo not live tonight.

Is it wise to risk??
This is good advice!

Obviously I will be trading as I need to test the strategy regardless!

Wish me luck!
  • #882
  • Apr 28, 2010 3:07pm Apr 28, 2010 3:07pm
Quoting geoffb65
This is good advice!

Obviously I will be trading as I need to test the strategy regardless!

Wish me luck!
I only have a classic account with alpari.. so at $1 a pip I think I will stay in demo tonight. But all the best for you.. yesterday I panicked and closed the trade when I seen a cross on 1 hour of 10 SMA..
Will let it run it course tonight on demo!
  • #883
  • Apr 28, 2010 3:10pm Apr 28, 2010 3:10pm
Quoting cuddlebum
Well when I got up I had to manually close both trades at 39 pips each.
I can't say what may have caused this problem but it means that the EA lost its ability to match the magic number that is added to the original orders.

There may be several things that can cause this but the most likely is either a momentary disconnection from your server or your computer hybernating at some time during the trade.

Anything that interferes with the normal operation of MT4 can do this.

It is very rare for this to happen so please keep me in the loop if it happens again.
  • #884
  • Apr 28, 2010 3:12pm Apr 28, 2010 3:12pm
Quoting tommycz
I only have a classic account with alpari.. so at $1 a pip I think I will stay in demo tonight. But all the best for you.. yesterday I panicked and closed the trade when I seen a cross on 1 hour of 10 SMA..
Will let it run it course tonight on demo!
I agree, why take risks, there's always tomorrow!
  • #885
  • Apr 28, 2010 3:40pm Apr 28, 2010 3:40pm
Guys,
As per my question post 846, does anyone have a clue what this means
"DataCentre connecting failed (6)" as I believe it is stopping the bot from trading. Sorry to be so dumb
If you do know, then perhaps you would be kind enough to let me know.
Thanks
PipBear
  • #886
  • Apr 28, 2010 3:44pm Apr 28, 2010 3:44pm
Quoting geoffb65
I can't say what may have caused this problem but it means that the EA lost its ability to match the magic number that is added to the original orders.

There may be several things that can cause this but the most likely is either a momentary disconnection from your server or your computer hybernating at some time during the trade.

Anything that interferes with the normal operation of MT4 can do this.

It is very rare for this to happen so please keep me in the loop if it happens again.
Thanks! I'll keep my eye on it!
  • #887
  • Apr 28, 2010 3:52pm Apr 28, 2010 3:52pm
Quoting PipBear
Guys,
As per my question post 846, does anyone have a clue what this means
"DataCentre connecting failed (6)" as I believe it is stopping the bot from trading. Sorry to be so dumb
If you do know, then perhaps you would be kind enough to let me know.
Thanks
PipBear
Did you get this error message in the MT4 Journal?

If so I assume that it means that you lost your internet connection at the time specified.
  • #888
  • Apr 28, 2010 3:54pm Apr 28, 2010 3:54pm
Quoting geoffb65
I think this is worth checking out, anything that will reduce the number of losing trades and possibly reduce the size of the stoploss is ok in my book!

Can you confirm the settings for the 2 MACD's please?

Geoff
the MACD i use are 10 20 1 7 and 35 70 1 12.

i am using a custom indicator for the macd, i will try to find out more
  • #889
  • Apr 28, 2010 3:57pm Apr 28, 2010 3:57pm
Quoting kon5t
i back tested this year and had a look at the three failed trades that are shown for this year.

i think it would be useful if we could find a method for reducing the substantial 140pip loses that occur around once a month. Now as my experience is limited i am just going to throw my thoughts out there and hope someone can offer something constructive.

for the three failed trades that are shown, i see that with a system i use to trade manually, the two primary indicators of trend (short term and long term MACD) would not have lined up and kept me...
I guess IBFX has better result. Only wins the last 12 months. What brooker do You use?
Elovv
  • #890
  • Apr 28, 2010 4:00pm Apr 28, 2010 4:00pm
Quoting Elovv
I guess IBFX has better result. Only wins the last 12 months. What brooker do You use?
Elovv
that was a demo alpari account, i have tried a few others but am having issues getting the backtesting working
  • #891
  • Apr 28, 2010 4:10pm Apr 28, 2010 4:10pm
Quoting geoffb65
Did you get this error message in the MT4 Journal?

If so I assume that it means that you lost your internet connection at the time specified.
Thank you for the answer Geoff,
My demo AxisODL account is now OK, but last night for many hours the Journal message was as stated, but there was a connection as I have checked, note it is not trading, however.

My demo FXCM account, although connected to the internet, is still stating 'DataCentre connecting failed'
I also noticed that the Journal has many, many entries that state 'Old tick GBPUSD' - has that got someting to do with it.
With all the EAs I have tested and the live ones I have running I have not come across this before!!!
Regards
PipBear
  • #892
  • Apr 28, 2010 4:13pm Apr 28, 2010 4:13pm
Quoting kon5t
the MACD i use are 10 20 1 7 and 35 70 1 12.

i am using a custom indicator for the macd, i will try to find out more
Many thanks, I will do some tests.

It will be better if I use the standard MACD indicator as otherwise everyone using the EA would have to add the custom indicator to their MT4 platform.

Do you just look for the MACD to be above/below zero or do you look for the difference in value between the current bar and the previous bar?
  • #893
  • Apr 28, 2010 4:24pm Apr 28, 2010 4:24pm
Quoting geoffb65
There is no limitation on running more than one EA on a platform so long as each one has its own chart!

Or have I misundertood your question?
thanks Geoff
My question is
we can't attach more than one EA per chart. Am i right?
If yes then how can we run both as suggested by Whiteash.

Velli
  • #894
  • Apr 28, 2010 4:24pm Apr 28, 2010 4:24pm
Quoting PipBear
Thank you for the answer Geoff,
My demo AxisODL account is now OK, but last night for many hours the Journal message was as stated, but there was a connection as I have checked, note it is not trading, however.

My demo FXCM account, although connected to the internet, is still stating 'DataCentre connecting failed'
I also noticed that the Journal has many, many entries that state 'Old tick GBPUSD' - has that got someting to do with it.
With all the EAs I have tested and the live ones I have running I have not come across this before!!!
Regards
PipBear...
This is strange but I can say that none of these messages are generated by our EA so, if they are in the MT4 journal, they must be being generated by the MT4 platform.

If the EA was having a problem sending an order it would read
"Buy OrderSend 1 failed with error # xxx"

I don't understand what is meant by 'Old tick GBPUSD' either.

I'm not being much help am I, let's hope someone else in the forum knows!
  • #895
  • Apr 28, 2010 4:27pm Apr 28, 2010 4:27pm
Quoting kvellimalai
thanks Geoff
My question is
we can't attach more than one EA per chart. Am i right?
If yes then how can we run both as suggested by Whiteash.

Velli
That is correct, only one EA per chart.

To run the Reconnect EA open a new chart, any pair any time scale and add the EA to this.
  • #896
  • Apr 28, 2010 4:29pm Apr 28, 2010 4:29pm
Quoting geoffb65
This is strange but I can say that none of these messages are generated by our EA so, if they are in the MT4 journal, they must be being generated by the MT4 platform.

If the EA was having a problem sending an order it would read
"Buy OrderSend 1 failed with error # xxx"

I don't understand what is meant by 'Old tick GBPUSD' either.

I'm not being much help am I, let's hope someone else in the forum knows!
Thank you Geoff anyway,
I will continue my investigations
If I cannot solve this issue I will try to open another account with another broker
PipBear
  • #897
  • Apr 28, 2010 4:32pm Apr 28, 2010 4:32pm
Quoting Elovv
I guess IBFX has better result. Only wins the last 12 months. What brooker do You use?
Elovv
Hi Elovv

What is the spread on GBPUSD with IBFX?

The reason I ask is that I have opened a demo account with forex.com today and the results were not as good as my Alpari results however, I did notice that the spread during the day was 4 which is much higher than Alpari.
  • #898
  • Apr 28, 2010 4:32pm Apr 28, 2010 4:32pm
Quoting geoffb65
Many thanks, I will do some tests.

It will be better if I use the standard MACD indicator as otherwise everyone using the EA would have to add the custom indicator to their MT4 platform.

Do you just look for the MACD to be above/below zero or do you look for the difference in value between the current bar and the previous bar?
with the trading system i use, it is above zero for bullish and below for bearish trades, and it works very well. variations for further testing at a later stage would be to see if the distance from the zero line is important. The way i trade it you do want to enter as close to 0 as possible on the short term, but i am not sure if that will be appropriate here.
  • #899
  • Apr 28, 2010 4:36pm Apr 28, 2010 4:36pm
I think set Hide target=true is because brookers hunt SL and let the price not reach TP.

But if EA lose connection with internet when we sleep we dont have SL/TP if Hide target=true.

Do You have problem with Your brooker hunt SL/not let price reach TP?

I think that I not have this problem with my brookers IBFX and Oanda.

But I cant be sure.

Elovv
  • #900
  • Apr 28, 2010 4:37pm Apr 28, 2010 4:37pm
Thanks Geoff


I still have the problem of orders opened without TP and SL. I set the hide_Targets to true and set the GMT offset to 14 hours to test any trades open.
It open the trades but without a TP and SL
See the attached file for more details.

Velli
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