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Simple H1 GBPUSD EA

  • #1,001
  • Apr 29, 2010 11:06am Apr 29, 2010 11:06am
Hey Geoff

well done so far so good.
2 successful days in a row.
I am with IBFX.
set file attached rename it to *.set
Attached Image(s) (click to enlarge)
Click to Enlarge Name: simpleGBP.JPG Size: 61 KB
Click to Enlarge Name: simpleGBP284.JPG Size: 24 KB
Click to Enlarge Name: simpleGBP294.JPG Size: 23 KB
Attached File(s)
File Type: mq4 simplegbp.mq4   < 1 KB | 306 downloads
  • #1,002
  • Apr 29, 2010 11:16am Apr 29, 2010 11:16am
Quoting Elovv
Hi

IBFX spread GBPUSD. On their homepage they say as low as 2.0 average 3.71 http://www.ibfx.com/Trade/Performance.aspx I have newer seen lower than 3, often 4 in daytime (I live in Sweden, now GMT +2) I cant remember I have seen more than 4 but I dont look so often.

My trades live and demo
23.20 sell 1.5202, 2 orders

00.46 TP first order 1.5180, +22 pip live and demo

01.59 ther whas a spike on GBPUSD. High of that spike on Alpary whas 1.5175, on IBFX 1.5187. Much hihger. My SL whas 1.5185 on live and demo. So
01.59 SL second...
Strange that the back testing gives such good results! lol!
  • #1,003
  • Apr 29, 2010 11:19am Apr 29, 2010 11:19am
Quoting Money Magnet
Hey Geoff

well done so far so good.
2 successful days in a row.
I am with IBFX.
set file attached rename it to *.set
Many thanks!

Fingers crossed for many more winning days!
  • #1,004
  • Apr 29, 2010 11:20am Apr 29, 2010 11:20am
Quoting Money Magnet
Hey Geoff

well done so far so good.
2 successful days in a row.
I am with IBFX.
set file attached rename it to *.set
I guess its demo because Your second order today got filled 1.5185?

Elovv
  • #1,005
  • Edited 11:30am Apr 29, 2010 11:26am | Edited 11:30am
Quoting Elovv
I guess its demo because Your second order today got filled 1.5185?

Elovv
Correct Elovv it is a demo acc.
But both positions got filled @ 1.5202 and the second was stopped out on trail @ 1.5185
I will place it on a live acc tonight with micro lots.
Which is actually the best way to test any EA.
  • #1,006
  • Apr 29, 2010 11:29am Apr 29, 2010 11:29am
Quoting Money Magnet
Correct Elovv
I will place it on a live acc tonight with micro lots.
Which is actually the best way to test any EA.
Yes, I always do. I have it on a IBFX mini live account and demo. Yesterday same result demo and live. Today difference, post 999

Elovv
  • #1,007
  • Apr 29, 2010 11:45am Apr 29, 2010 11:45am
Quoting geoffb65
Strange that the back testing gives such good results! lol!
Maybee its because IBFX always is GMT time? Maybee 4 pips are not to bad under Asian session? I dont know what spread Alpary have Asian time. But download a demo if You have time and backtest. Interesting if You will have the same result as I have.

Elovv
  • #1,008
  • Apr 29, 2010 11:54am Apr 29, 2010 11:54am
Geoff

I think an input to change both trade comment and magic number would be great. I saw the various comments about ECN brokers. Don't know much about them myself but I know Steve H has very strong opinions about them and doesn't use them.

Paul
  • #1,009
  • Apr 29, 2010 11:55am Apr 29, 2010 11:55am
Quoting sellog
Hi to all the members,

Im new to forex and just start trading with demo account for pass 2 months.

I just try this EA today during japan market open and im speechless......

really.....I start with US100 as deposit....this EA made 2 trades and earnt US14....

Its great.....i on the EA and shut down my pc....when i came back after work it made me US14....hehehe....

thank you GEOFFB.......really great works....cant wait for new version with more better profit earning EA......lolz.. ( pls dont mind my language)
This is great!

Much less stressful than manual trading I think!
  • #1,010
  • Apr 29, 2010 11:56am Apr 29, 2010 11:56am
Not sure if anyone has replied to you yet. But - Alpari UK is GMT + 2

Quoting semelak1
Can someone please comment on what I am doing wrong ? Why am I getting different results ?

The system time is GMT. My broker is Alpari UK. In the EA settings, I have the GMToffset set to 0 and Start_time to 1 (these are the default values).

What should I change ?
  • #1,011
  • Apr 29, 2010 12:02pm Apr 29, 2010 12:02pm
Quoting sellog
Hi to all the members,

Im new to forex and just start trading with demo account for pass 2 months.

I just try this EA today during japan market open and im speechless......

really.....I start with US100 as deposit....this EA made 2 trades and earnt US14....

Its great.....i on the EA and shut down my pc....when i came back after work it made me US14....hehehe....

thank you GEOFFB.......really great works....cant wait for new version with more better profit earning EA......lolz.. ( pls dont mind my language)
If You win 14% today You have to big lotsize. I risk 10% and win 1,5% today.
You must risk 100%. One loosing trade and You wipe Your account.

Best wishes
Elovv
  • #1,012
  • Apr 29, 2010 12:04pm Apr 29, 2010 12:04pm
Quoting brc021
Hi Geoff,
in order to make your EA work with ECN brokers,
would you please study following thread,
especially the posts of HAYSEED and 7bit :
http://www.forexfactory.com/showthread.php?t=213903

I think there are some pretty simple but effective ways given in there.
Tried to modiefy it myself by simply replacing all "ordersend" by "ordersendreliale2step"...
Thank you for this, I will need to study it carefully!
  • #1,013
  • Apr 29, 2010 12:10pm Apr 29, 2010 12:10pm
Blimey! this must be magic! How in God's name did the EA work when your PC was shut down?

Quoting sellog
Hi to all the members,

Im new to forex and just start trading with demo account for pass 2 months.

I just try this EA today during japan market open and im speechless......

really.....I start with US100 as deposit....this EA made 2 trades and earnt US14....

Its great.....i on the EA and shut down my pc....when i came back after work it made me US14....hehehe....

thank you GEOFFB.......really great works....cant wait for new version with more better profit earning EA......lolz.. ( pls dont mind my language)
  • #1,014
  • Apr 29, 2010 12:28pm Apr 29, 2010 12:28pm
Quoting geoffb65
I can't access your files, when I can maybe I can help!

Your myfxbook.com files can only be accessed by you, please post your information in one of the various formats available on this thread.
Sorry, here are the links again:
http://www.myfxbook.com/members/seme...imple-v4/27421
http://www.myfxbook.com/members/seme...imple-v3/27420
  • #1,015
  • Apr 29, 2010 12:28pm Apr 29, 2010 12:28pm
i am not able to make the EA work. my broker is FXCM GMT+1. i set GMT Offset to 1 and start time to 23. but i dint get any signal at tpkyo open. but now i am seeing a signal that came much later, also the price doesnt look correct

i decided to do it manually. at tokyo open, i open the chart, see SMA10 . now how do i decide the trend ? current candle has to close over the line for long or it should not touch the line at all ?
  • #1,016
  • Apr 29, 2010 12:38pm Apr 29, 2010 12:38pm
The EA is working with the slope of the 10 SMA and several fractals for confirmation. As a manual trader (for now) I look at the 10 SMA on the 1H chart at the start or shortly after of the Tokyo session, if its up I buy, down I sell. If its near neutral I wait for confirmation. An update on manual entries would be helpful though.
  • #1,017
  • Apr 29, 2010 12:42pm Apr 29, 2010 12:42pm
Quoting semelak1
Sorry, here are the links again:
http://www.myfxbook.com/members/seme...imple-v4/27421
http://www.myfxbook.com/members/seme...imple-v3/27420
Are you testing v3 and v4?

We are using v5a at the moment and v4 is not trading often enough!

What exacly am I looking at in your files, I am not familar with the system that you are using, is this the broker or is the data coming from a broker to be summarised on this site?
  • #1,018
  • Apr 29, 2010 12:47pm Apr 29, 2010 12:47pm
Quoting roundrock
i am not able to make the EA work. my broker is FXCM GMT+1. i set GMT Offset to 1 and start time to 23. but i dint get any signal at tpkyo open. but now i am seeing a signal that came much later, also the price doesnt look correct

i decided to do it manually. at tokyo open, i open the chart, see SMA10 . now how do i decide the trend ? current candle has to close over the line for long or it should not touch the line at all ?
What is Your brooker time know? You see it in Market watch
  • #1,019
  • Apr 29, 2010 12:48pm Apr 29, 2010 12:48pm
Quoting roundrock
i am not able to make the EA work. my broker is FXCM GMT+1. i set GMT Offset to 1 and start time to 23. but i dint get any signal at tpkyo open. but now i am seeing a signal that came much later, also the price doesnt look correct

i decided to do it manually. at tokyo open, i open the chart, see SMA10 . now how do i decide the trend ? current candle has to close over the line for long or it should not touch the line at all ?
In the EA I look at the slope of the SMA between the two candles previous to the trigger candle, if you trade manually you may want to consider the slope of the SMA over a slightly longer period, mabe 3 or 4 bars.

If you use the EA your trade should occur during the 1 hour cadle before Tokyo open time, it can happen at any time during this hour when all the entry conditions coincide.
  • #1,020
  • Apr 29, 2010 12:53pm Apr 29, 2010 12:53pm
Quoting shiva
Blimey! this must be magic! How in God's name did the EA work when your PC was shut down?
Magic?

Not quite, if the order was placed with hide_targets false, both orders would go to their TP's or SL's even if the computer is switched off.

However, the trailing stop would not work on the second order as this is managed by the EA.
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