Simple H1 GBPUSD EA | Page 88 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

Trading is this Simple? Finally Explained simple and clearly! 46 replies

Simple 3 order GBPUSD EA 1,047 replies

Experiment with "Simple H1 GBPUSD EA" 4 replies

Simple 5m GBPUSD trade system 10 replies

Attachments: Simple H1 GBPUSD EA
Exit Attachments

Simple H1 GBPUSD EA

  • #1,741
  • May 6, 2010 1:31am May 6, 2010 1:31am
Quoting geoffb65
V7 uses 10SMA and 200SMA and the slope must agree between candles 21:00 and 22:00 GMT, last night they were in opposite directions so there would be no trade.

V4, v5a and v5b only use 16SMA which had a downslope last night so we would expect a short order but, this is where broker variations come in, once the trend is established from the SMA's the EA looks for a specific fractal setup between fractals on M15 and M5.

We have noticed that the M5 fractal is broker dependent, due to "smoothing" of the data feed.
it is 10 sma which you mean, not 16?

morning Geoff
  • #1,742
  • May 6, 2010 1:31am May 6, 2010 1:31am
Quoting camvcvoo
Oh! My mistake!

I, somehow, read or understood that V4, V5a and V5b are using 10SMA.

The original optimised default was 16SMA but a number of people have suggested changes in this value, I use 16 in the v4 forward test.
  • #1,743
  • May 6, 2010 1:31am May 6, 2010 1:31am
Although i know demo may not gives you the correct real life experience of an EA's working, but since yesterday, no losses at all for Steve's multi-pair EA based on Geoff's idea.

Well done, Steve. Not forgetting Geoff.


福 子 Victor V
  • #1,744
  • May 6, 2010 1:34am May 6, 2010 1:34am
Quoting dambuster
+22 and +29 on Alpari UK live, starting to claw back the SL

Geoff, thanks again for sharing this EA with us and to all for their contributions in refining it into what it is now

You have probably given this some thought already but with the success of the EA it is probably only a matter of time until some scumbag swipes it from here and starts to market it

Is there anyway to protect it?
I'm afraid there is no way to stop anyone from doing something with it.

I realised this from the start but decided it couldn't be helped!
  • #1,745
  • May 6, 2010 1:38am May 6, 2010 1:38am
Quoting Haishang
it is 10 sma which you mean, not 16?

morning Geoff
16 was the original SMA and I never changed it for v4 but, when we moved to v6 optimisation got better results with 10 SMA, this could well have been accepted for use with v5a as well.

There are too many posts to check back!
  • #1,746
  • May 6, 2010 2:17am May 6, 2010 2:17am
Quoting camvcvoo
Although i know demo may not gives you the correct real life experience of an EA's working, but since yesterday, no losses at all for Steve's multi-pair EA based on Geoff's idea.

Well done, Steve. Not forgetting Geoff.


Wow, congrats to that one! Can you attach the file agn plse? I think I must have deleted it and don't find it in the thread any more.......

sorry for that....Thanks a lot Victor!
  • #1,747
  • May 6, 2010 2:33am May 6, 2010 2:33am
GBPUSD version 5b demo Alpari..

running on the London open entered two short...I had both set on the same TP......so TP 1&2 hit 22 pips...




Forgot to add earlier...the EURJPY and GBPJPY trade's were both on demo Alpari version 5b..

So the only trade not excuted was live Alpari Cable...

Iam off to bed....
  • #1,748
  • May 6, 2010 2:40am May 6, 2010 2:40am
Geoff,
I had two sell's on v7 last night GBP/USD.
Live Alpari UK
  • #1,749
  • May 6, 2010 2:45am May 6, 2010 2:45am
Quoting sanyhuis
Geoff,
I had two sell's on v7 last night GBP/USD.
congrats, Sandra! what broker did you use for that? I have no fills on v7 with Alpari live and v5a both in EURUSD and GBPUSD on Alpari demo no fills too......strange
  • #1,750
  • May 6, 2010 2:54am May 6, 2010 2:54am
Quoting sanyhuis
Geoff,
I had two sell's on v7 last night GBP/USD.
Live Alpari UK
You are the lucky one!

I didn't get anything with v7, and I didn't expect to with the SMA pointing in different directions!
  • #1,751
  • May 6, 2010 3:35am May 6, 2010 3:35am
[quote=Haishang;3701545]congrats, Sandra! what broker did you use for that? I have no fills on v7 with Alpari live and v5a both in EURUSD and GBPUSD on Alpari demo no fills too......strange[/quote

I also had fills on your e/d v5a and your test02. demo Forex.com

The v7 was Alpari UK.

With the Alpari UK and with the Forex.com what should the GMT offset be? I have it set at 2 and 0 respectively.

Thank you Roman. Such a treat!
  • #1,752
  • May 6, 2010 3:50am May 6, 2010 3:50am
[quote=sanyhuis;3701655]
Quoting Haishang
congrats, Sandra! what broker did you use for that? I have no fills on v7 with Alpari live and v5a both in EURUSD and GBPUSD on Alpari demo no fills too......strange[/quote

I also had fills on your e/d v5a and your test02. demo Forex.com

The v7 was Alpari UK.

With the Alpari UK and with the Forex.com what should the GMT offset be? I have it set at 2 and 0 respectively.

Thank you Roman. Such a treat!
The GMT offset is correct!

Alpari +2
forex.com 0

Geoff
  • #1,753
  • May 6, 2010 3:58am May 6, 2010 3:58am
Quoting geoffb65
You are the lucky one!

I didn't get anything with v7, and I didn't expect to with the SMA pointing in different directions!
He likes me. Now to Forex.com !!!
  • #1,754
  • May 6, 2010 3:58am May 6, 2010 3:58am
[quote=sanyhuis;3701655]
Quoting Haishang
congrats, Sandra! what broker did you use for that? I have no fills on v7 with Alpari live and v5a both in EURUSD and GBPUSD on Alpari demo no fills too......strange[/quote

I also had fills on your e/d v5a and your test02. demo Forex.com

The v7 was Alpari UK.

With the Alpari UK and with the Forex.com what should the GMT offset be? I have it set at 2 and 0 respectively.

Thank you Roman. Such a treat!

Thank you so much for your kind words, Sandra!

I am glad that the EURUSD worked for you. The 2009 backtests are dreadfully, but again it was a different market and I am not sure how the summertime corrupted all data (as Geoff outlined so many times earlier).

My setting is GMT offset 0 and start time 0, that means the first test the ea takes at 22.00 GMT (please correct me if I am wrong. I can tell you that the first trade if everything goes well it takes between 22.20 and 22.35 GMT if we are lucky). My computer time is UK (so GMT+1).

Am I confusing or am I confused?

Attached please find a test which I just ran for 2010. Hopefully it clarifies things.

Bars in test 2883
Ticks modelled 3056096
Modelling quality 90.00%
Mismatched charts errors 0
Initial deposit 50000.00
Total net profit 1979.20
Gross profit 3149.20
Gross loss -1170.00
Profit factor 2.69
Expected payoff 15.46
Absolute drawdown 13.00
Maximal drawdown 326.80 (0.63%)
Relative drawdown 0.63% (326.80)
Total trades 128
Short positions (won %) 72 (88.89%)
Long positions (won %) 56 (82.14%)
Profit trades (% of total) 110 (85.94%)
Loss trades (% of total) 18 (14.06%)
Largest
profit trade 46.00
loss trade -65.00
Average
profit trade 28.63
loss trade -65.00
Maximum
consecutive wins (profit in money) 40 (1181.20)
consecutive losses (loss in money) 4 (-260.00)
Maximal
consecutive profit (count of wins) 1181.20 (40)
consecutive loss (count of losses) -260.00 (4)
Average
consecutive wins 12
consecutive losses 2
Attached Image (click to enlarge)
Click to Enlarge Name: simple h1 eurusd v5a live.gif Size: 6 KB
  • #1,755
  • May 6, 2010 4:00am May 6, 2010 4:00am
[quote=geoffb65;3701696]
Quoting sanyhuis

The GMT offset is correct!

Alpari +2
forex.com 0

Geoff
Thank you Sir Geoff. I needed that. I always mix it up with my time.
  • #1,756
  • May 6, 2010 4:04am May 6, 2010 4:04am
[quote=Haishang;3701729][quote=sanyhuis;3701655]


Thank you so much for your kind words, Sandra!

I am glad that the EURUSD worked for you. The 2009 backtests are dreadfully, but again it was a different market and I am not sure how the summertime corrupted all data (as Geoff outlined so many times earlier).

My setting is GMT offset 0 and start time 0, that means the first test the ea takes at 22.00 GMT (please correct me if I am wrong. I can tell you that the first trade if everything goes well it takes between 22.20 and 22.35 GMT if we are lucky). My computer time is UK (so GMT+1).

Am I confusing or am I confused?

Attached please find a test which I just ran for 2010. Hopefully it clarifies things...................

Thank you Roman.

I will get it set up for today.
  • #1,757
  • May 6, 2010 4:04am May 6, 2010 4:04am
[quote=sanyhuis;3701731]
Quoting geoffb65

Thank you Sir Geoff. I needed that. I always mix it up with my time.
ok, folks.

Let's not mix things up.
Sandra meant timing for EURUSD which has to start 1 hour earlier than GBPUSD (that's what optimization very clearly showed).

If Sandra is CET then in my view she has to set start time 2 for GBPUSD but start time 1 for EUR.

Correct?
  • #1,758
  • May 6, 2010 4:13am May 6, 2010 4:13am
[quote=sanyhuis;3701731]
Quoting geoffb65

Thank you Sir Geoff. I needed that. I always mix it up with my time.
Don't worry, you are not alone!

There are only two "constants", GMT time and Tokyo always opens at 0:00 GMT all year round.

All other times are variable!

To my mind, the best way to work is to set your broker GMT offset correctly, once you have set this, all times can then be fixed in GMT time.

So with GMT set, the Tokyo open is always 0:00 GMT.

V7 of the EA starts 1 hour before Tokyo open which is 23:00 GMT.

EDIT
To answer Haishang, this would make the Euro start time, 1 hour earlier, 22:00 GMT.

Of course everyone has their own preference!
  • #1,759
  • May 6, 2010 4:21am May 6, 2010 4:21am
[quote=geoffb65;3701772]
Quoting sanyhuis

Don't worry, you are not alone!

There are only two "constants", GMT time and Tokyo always opens at 0:00 GMT all year round.

All other times are variable!

To my mind, the best way to work is to set your broker GMT offset correctly, once you have set this, all times can then be fixed in GMT time.

So with GMT set, the Tokyo open is always 0:00 GMT.

V7 of the EA starts 1 hour before Tokyo open which is 23:00 GMT.

Of course everyone has their own preference!

Geoff, sorry that I am a terrible pain but I need to know the following.

My computer time is same as yours GMT+1
we use the same broker : Alpari UK
your GBPUSD 5a has GMT offset 0 and start time 1 which makes it work at 23.00 GMT
your GBPUSD v7 has GMT offset 2 and start time 23 which again makes it work at 23.00 GMT
the EURUSD v5a has to shoot off at 22.00 GMT, so I set GMT offset 0 and start time 0

Do you agree that these settings are correct?
  • #1,760
  • May 6, 2010 4:29am May 6, 2010 4:29am
[quote=Haishang;3701792]
Quoting geoffb65


Geoff, sorry that I am a terrible pain but I need to know the following.

My computer time is same as yours GMT+1
we use the same broker : Alpari UK
your GBPUSD 5a has GMT offset 0 and start time 1 which makes it work at 23.00 GMT
your GBPUSD v7 has GMT offset 2 and start time 23 which again makes it work at 23.00 GMT
the EURUSD v5a has to shoot off at 22.00 GMT, so I set GMT offset 0 and start time 0

Do you agree that these settings are correct?
Yes of course you are correct!

And you would get exactly the same start for the EURO with GMT offset 2 and start time 22 whichever you prefer!

All I am trying to point out is that, if all brokers used GMT all year round we could specify all times in GMT and there would be far fewer problems setting a "standard" for time.

As it is, with all brokers using different times, it is a pain.

However, we can get round this using the GMT offset option to compensate for the brokers offset, once this is done we have a "standard" time reference i.e. GMT.
1 trader viewing now