Simple H1 GBPUSD EA | Page 144 | 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

  • #2,861
  • May 19, 2010 9:08am May 19, 2010 9:08am
I'm not sure. Possibly adjust the time a bit.

Of course these are both demo accounts so I would hope that this wouldn't happen on a live account. But I'm one of the people who need to see test results before going live.

Carol

Quoting geoffb65
Thank you Carol!

How will you get round this problem if it happens on both your brokers?

EDIT:
We do re-send the order up to 10 times to get round error messages!
  • #2,862
  • May 19, 2010 9:21am May 19, 2010 9:21am
[quote=Eureka;3737918]After searching a couple of days for an answer, I believe I have finally found out what this error is about.

Old Tick means that the price for a currency pair, by the time it reached your VPS or your computer it was 'too old' to consider. This is a problem with the broker where their server is too slow or overloaded.

Apparently, this happen most frequently at the top of the hour.


Last week I traded GBP at LO on v7 with no problem. This week I changed it to 3 order v and have been getting Old Tick and no trades the last two days. Too many Old Ticks to count! Forex.com demo. Set at 9:00 entry. Forex.com has been taking E/J trades at 1:00 with no problem but not the GBP trades at 9. Just Old Tick's......Interesting.
  • #2,863
  • May 19, 2010 9:30am May 19, 2010 9:30am
[quote=sanyhuis;3738037]
Quoting Eureka
After searching a couple of days for an answer, I believe I have finally found out what this error is about.

Old Tick means that the price for a currency pair, by the time it reached your VPS or your computer it was 'too old' to consider. This is a problem with the broker where their server is too slow or overloaded.

Apparently, this happen most frequently at the top of the hour.


Last week I traded GBP at LO on v7 with no problem. This week I changed it to 3 order v and have been getting Old Tick and no trades the last...
Must be a lot of order being placed at 9:00!
  • #2,864
  • May 19, 2010 9:33am May 19, 2010 9:33am
It's very frustrating when I see others with the same broker as me and their EA is producing pips and all I get is Old Ticks not pips. LOL

Perhaps they just beat me to the broker's server.

Carol



[quote=sanyhuis;3738037]
Quoting Eureka
After searching a couple of days for an answer, I believe I have finally found out what this error is about.

Old Tick means that the price for a currency pair, by the time it reached your VPS or your computer it was 'too old' to consider. This is a problem with the broker where their server is too slow or overloaded.

Apparently, this happen most frequently at the top of the hour.


Last week I traded GBP at LO on v7 with no problem. This week I changed it to 3 order v and have been getting Old Tick and no trades the last...
  • #2,865
  • Edited 10:16am May 19, 2010 9:39am | Edited 10:16am
[quote=geoffb65;3738088]
Quoting sanyhuis

Must be a lot of order being placed at 9:00!
Calstock is not having any problem getting thru. I'll try it on Alpari UK tomorrow and see how it goes.
It's funny that v7 put them thru at same broker but cam didn't make it. Both same time and same broker.
  • #2,866
  • May 19, 2010 10:38am May 19, 2010 10:38am
Quoting calstock
When we all meet in Monte Carlo I thought it would be a good idea to do a bit of fishing....so I thought this may do us..


Ok I have to go make some money.....( to pay the bills ) see you later in the morning....
It looks like it beats this.
Attached Image
If you're scared get a dog.
  • #2,867
  • May 19, 2010 10:40am May 19, 2010 10:40am
Quoting Boxxie
It looks like it beats this.
Don't see my row-boat anywhere in the background!

Did they go without me?
  • #2,868
  • Edited 1:45pm May 19, 2010 11:38am | Edited 1:45pm
Just fired up v7a and turned on the money management function and I think there's a bug. I set UseMoneyMgt to "true" and Med_Risk to "true" management which should equate to 3% risk; however, EA is showing "MM Risk" at 0.30%. See pic:

http://img706.imageshack.us/img706/6477/v7a.gif
http://yfrog.com/jmv7ag
  • #2,869
  • May 19, 2010 11:41am May 19, 2010 11:41am
v7a backtest 2009.04.27-2010.05.06

Attached Image (click to enlarge)
Click to Enlarge Name: StrategyTester_SimpleGBPUSD_v7a.gif Size: 6 KB
  • #2,870
  • May 19, 2010 11:54am May 19, 2010 11:54am
Quoting Taiyakixz
v7a backtest 2009.04.27-2010.05.06

Attachment
Which broker is this with?
  • #2,871
  • May 19, 2010 11:54am May 19, 2010 11:54am
Quoting geoffb65
Which broker is this with?
Alpari UK/Live
  • #2,872
  • May 19, 2010 12:09pm May 19, 2010 12:09pm
Quoting Taiyakixz
Alpari UK/Live
Mine were done on Alpari UK demo, quite a difference, could you possibly do the same backtest using the old setup TP1 22, TP2 50, SL 140, TSL 22?
  • #2,873
  • May 19, 2010 1:02pm May 19, 2010 1:02pm
Quoting geoffb65
Mine were done on Alpari UK demo, quite a difference, could you possibly do the same backtest using the old setup TP1 22, TP2 50, SL 140, TSL 22?
v7a - TP1 22, TP2 50, SL 140, TSL 22

Attached Image (click to enlarge)
Click to Enlarge Name: StrategyTester_SimpleGBPUSD_v7a_TP22_50.gif Size: 5 KB
  • #2,874
  • May 19, 2010 1:33pm May 19, 2010 1:33pm
v7a normal TP1 24, TP2 47
loss trade(entry) 2009.05.25, 2009.11.18, 2010.04.02

v7a TP1 22, TP2 50
loss trade(entry) 2009.11.18

2009.05.25 is not included in Geoff's backtest(2009.06.01-2010.05.19)

With trade 2009.05.25 and 2010.04.02, TP1 and the highest price were very closed.
Those results would be different by broker or spread at that time.
  • #2,875
  • May 19, 2010 1:47pm May 19, 2010 1:47pm
Quoting Taiyakixz
v7a normal TP1 24, TP2 47
loss trade(entry) 2009.05.25, 2009.11.18, 2010.04.02

v7a TP1 22, TP2 50
loss trade(entry) 2009.11.18

2009.05.25 is not included in Geoff's backtest(2009.06.01-2010.05.19)

With trade 2009.05.25 and 2010.04.02, TP1 and the highest price were very closed.
Those results would be different by broker or spread at that time.
So the higher TP & TSL are only making up for the extra losing day!
  • #2,876
  • May 19, 2010 1:48pm May 19, 2010 1:48pm
Hi Geoff

In backtest ver 4 just take 0ne trade but when I look insettings there are 2 TP

Does it just take one

Elovv
  • #2,877
  • May 19, 2010 1:50pm May 19, 2010 1:50pm
Quoting Elovv
Hi Geoff

In backtest ver 4 just take 0ne trade but when I look insettings there are 2 TP

Does it just take one

Elovv
Yes, I forgot to remove TP2 from the settings!
  • #2,878
  • May 19, 2010 1:54pm May 19, 2010 1:54pm
Quoting Chip4Pips
Just fired up v7a and turned on the money management function and I think there's a bug. I set UseMoneyMgt to "true" and Med_Risk to "true" management which should equate to 3% risk; however, EA is showing "MM Risk" at 0.30%. See pic:

http://yfrog.com/jmv7ag
Yes I have checked the code and it will be 3%, the display needs to be multiplied by 10 to display the correct number.
  • #2,879
  • May 19, 2010 2:01pm May 19, 2010 2:01pm
I have started using this system with a slight variation
I use 2 lots stop loss 140
1st lot take profit at 50 pips
2nd lot move to break even and trailing stop of 50 pips
I will not take a trade if the the price is more than 80 pips from the moving average
Also I will only take the trade if the slope of the 10 ma is more than 1/4 of the block on the metatrader chart using hourly chart
Back tested this over 6 months with break even on 1 month and 5 months ranging from 300 to 1000 pips
Normally 50 pips is made before the start of the london session
Watch out for news events if your your 50 pips break even as not been hit
  • #2,880
  • May 19, 2010 2:43pm May 19, 2010 2:43pm
Ver7 I guess no trade but ver without sma197 will trade.
I have not make my decion yet.

Elovv
4 traders viewing now