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Simple H1 GBPUSD EA

  • #1,181
  • Apr 30, 2010 10:04pm Apr 30, 2010 10:04pm
Hi Geoff,

Congrats on the EA ... http://cdn.forexfactory.com/images/s.../yim/happy.gif

I just tested it with the default settings with "Longs" only feature activated under the Expert properties.

See the Result http://cdn.forexfactory.com/images/s.../yim/happy.gif -- I don't know whether we can do that without taking the short positions into considerations....

I don't have much data ... just tested for the month of April. Somebody can test it over a period of time and post the results !!!

Ganesh http://cdn.forexfactory.com/images/s.../yim/happy.gif
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.gif Size: 6 KB
The One Who Makes The Thunder Roar Also Hears A Butterfly Sigh - Ruzbeh
  • #1,182
  • Apr 30, 2010 11:03pm Apr 30, 2010 11:03pm
Quoting geoffb65
I would just like to add to your post that I will be switching my computer on when the market reopens on Sunday night a couple of hours before the Tokyo market opens.

Yes you are correct, the pc must be switched on for the entire time that the trade is open and, during this time you pc must not be allowed to hybernate or restart for Micros**t upgrades or anything else that will interfere with the normal operation of MT4.

Did I cover everything!

Thank You Geoff and kellera....

Im using IKOFX and here wat happened that day..

I open my platform n activate EA around GMT 0 and let it for 20minutes.

Then i shutdown my laptop and brought it to my office....Later around GMT4 i on my laptop just to see the market and off it back after 15 minutes.....then once again on my laptop at GMT 6 for a while n noticed 3 out of 4 trades already closed...(GBP/Usd n GBP/Jpy)......

at GMT 11 all the tradings were closed......i gain $14...with 0.1 lot size $100 deposit....

So, can explain hw does this EA managed to do the tradings.....??? ur help much appreciated.....
  • #1,183
  • May 1, 2010 2:17am May 1, 2010 2:17am
Quoting pcguy007
Hi Geoff, 1st off great job on the EA, we really appreciate your hard work.

I just was wondering if there is a way to get the EA to make only 1 trade rather than 2?



thanks again!!
This is something that I have thought about, when we were on v3 I also made a v4 that only placed one order but it was soon overshadowed by the success of v5 and became neglected.

A single order version would use very different settings from the two order system so I think it is probably wise to keep it as a separate EA, maybe I will restore v4 and bring it up to date!
  • #1,184
  • May 1, 2010 2:19am May 1, 2010 2:19am
Quoting rpasupathy
Hi Geoff,

Congrats on the EA ... http://cdn.forexfactory.com/images/s.../yim/happy.gif

I just tested it with the default settings with "Longs" only feature...
I must admit, I never thought to see whether longs or shorts gave the most errors, thank you Ganesh I will check it out!
  • #1,185
  • May 1, 2010 2:24am May 1, 2010 2:24am
Quoting fguru
I tested the EA with three different brokers (demo) during this week.

1) FXCM
2) Forex.com
3) IBFX

On mt4spreads.com I saw that IBFX has always the worst spread (4 pips during Asian session) whereas Forex.com and FXCM have 3 pips.
Nevertheless I am ALWAYS getting the best results with IBFX when the trade is a winning trade.

However yesterday I observed when the trade goes in the wrong direction (e.g. at the beginning of the trade) then the smallest loss is at FXCM, and the biggest loss at IBFX. But as soon as the...
These comparisons are extremely valuable, so far they seem to show absolutely no consistency between brokers or between brokers and the market.

How our, or any EA makes a profit under these conditions is a miracle!
  • #1,186
  • May 1, 2010 5:04am May 1, 2010 5:04am
Geoff,

Thank you for your hard work v6.

I think I find bugs, will you check this?

Hide_Targets=true, 2nd Sell order
> OrderSend(Symbol(),OP_SELL,dLots,Bid,5,0,0,trade_comment,iMagicNumber,0,Red);
iMagicNumber -> iMagicNumber2

Hide_Targets=false, 2nd Sell order
> OrderSend(Symbol(),OP_SELL,dLots,Bid,5,Bid+StopLoss*Poin,Bid-TakeProfit1*Poin,trade_comment,iMagicNumber,0,Red);
TakeProfit1 -> TakeProfit2
iMagicNumber -> iMagicNumber2
  • #1,187
  • Edited 4:42pm May 1, 2010 5:19am | Edited 4:42pm
Quoting Taiyakixz
Geoff,

Thank you for your hard work v6.

I think I find bugs, will you check this?

Hide_Targets=true, 2nd Sell order
> OrderSend(Symbol(),OP_SELL,dLots,Bid,5,0,0,trade_comment,iMagicNumber,0,Red);
iMagicNumber -> iMagicNumber2

Hide_Targets=false, 2nd Sell order
> OrderSend(Symbol(),OP_SELL,dLots,Bid,5,Bid+StopLoss*Poin,Bid-TakeProfit1*Poin,trade_comment,iMagicNumber,0,Red);
TakeProfit1 -> TakeProfit2
iMagicNumber -> iMagicNumber2
You are correct, I missed that one!

I attach the corrected files and I have also removed the GMT time from the display, that didn't work either!
Attached File(s)
File Type: ex4 Simple_H1_GBUSD_EAv6.ex4   20 KB | 289 downloads
File Type: mq4 Simple_H1_GBUSD_EAv6.mq4   22 KB | 372 downloads
  • #1,188
  • May 1, 2010 5:43am May 1, 2010 5:43am
Quoting geoffb65
You are correct, I missed that one!

I attach the corrected files and I have also removed the GMT time from the display, that didn't work either!
Thank you for your swift correction.
How about TakeProfit...?
  • #1,189
  • May 1, 2010 6:06am May 1, 2010 6:06am
Quoting Taiyakixz
Thank you for your swift correction.
How about TakeProfit...?
Sorry, I have changed that also!
  • #1,190
  • May 1, 2010 6:13am May 1, 2010 6:13am
Quoting geoffb65
Sorry, I have changed that also!
Thank you
  • #1,191
  • May 1, 2010 7:58am May 1, 2010 7:58am
The errors noted by Taiyakixz have been corrected.

The files shown in post #1187 have been updated,

And the files in post #1 have also been updated.
  • #1,192
  • May 1, 2010 8:15am May 1, 2010 8:15am
Quoting geoffb65
The errors noted by Taiyakixz have been corrected.

The files shown in post #1187 have been updated,

And the files in post #1 have also been updated.
What does the line RiskPercent mean? v5a it was 3, v6 it is 10?
  • #1,193
  • May 1, 2010 8:26am May 1, 2010 8:26am
Quoting cuddlebum
What does the line RiskPercent mean? v5a it was 3, v6 it is 10?
Hi cuddlebum

This is the Risk % value that is used for the VHigh_Risk setting.
  • #1,194
  • May 1, 2010 10:09am May 1, 2010 10:09am
Quoting geoffb65
Hi cuddlebum

This is the Risk % value that is used for the VHigh_Risk setting.
Geoff,
What is the range that can be put into VHigh_Risk setting? Is there any limit?
Thanks
  • #1,195
  • May 1, 2010 10:26am May 1, 2010 10:26am
Quoting cuddlebum
Geoff,
What is the range that can be put into VHigh_Risk setting? Is there any limit?
Thanks
You can use fractions of 1% (eg 0.12) up to 100%!

Bit risky that!
  • #1,196
  • May 1, 2010 10:42am May 1, 2010 10:42am
Geoff,
Excuse me, .....there is no start time. I've looked back thru the posts. I must be missing something.
Thank you.
s
  • #1,197
  • May 1, 2010 10:44am May 1, 2010 10:44am
I am testing the different versions of this EA.... Thanks

Can you add the ability to add a "Comment" for the trades that I can change. With that I can put different versions on the different charts of the same account and be able to distinguish between the trades.... it will tell me which EA executed the trade.

Wayne

Quoting geoffb65
You can use fractions of 1% (eg 0.12) up to 100%!

Bit risky that!
  • #1,198
  • May 1, 2010 10:53am May 1, 2010 10:53am
Quoting sanyhuis
Geoff,
Excuse me, .....there is no start time. I've looked back thru the posts. I must be missing something.
Thank you.
s
Hi Sandra

The start time is now fixed at 23:00 GMT so you only need to change the GMT offset from your broker time and the start time will be ok.

I have added some examples of GMT offsets in post #1 and this list can be added to in future.

Geoff
  • #1,199
  • May 1, 2010 10:56am May 1, 2010 10:56am
Quoting webicknell
I am testing the different versions of this EA.... Thanks

Can you add the ability to add a "Comment" for the trades that I can change. With that I can put different versions on the different charts of the same account and be able to distinguish between the trades.... it will tell me which EA executed the trade.

Wayne
In v6 there is a setting "trade_comment", double click on the default comment and you will find that you can edit it to suit yourself.

The same option has been added for the magic number to be changed!
  • #1,200
  • May 1, 2010 11:08am May 1, 2010 11:08am
Hi Geoff

I will still use 5a because Im comfortable with it. The bugs Taiyakixz find in ver 6 are they in ver 5a?

Elovv
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