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Simple H1 GBPUSD EA

  • #3,001
  • May 20, 2010 11:46pm May 20, 2010 11:46pm
Guys, when I try to download the .ex4 files from the 1st post, it is always in the form of php. Any ways to overcome this as it doesn't open properly in this format. I am aware that another solution is to get it from the 'Pin' logo the top right hand corner of the thread but I feel more 'secure' getting it from the 1st post as I know Geoff always update it with the latest changes. Moreover in the Pin, you need to look the dates which can be a pain.
Thanks.

CY
  • #3,002
  • May 20, 2010 11:59pm May 20, 2010 11:59pm
Geoff, what are you doing here so early in the morning? You don't want to wake up to these news that early, do you?
  • #3,003
  • May 21, 2010 12:28am May 21, 2010 12:28am
Quoting Haishang
Geoff, what are you doing here so early in the morning? You don't want to wake up to these news that early, do you?
Dedication!

No, actually I woke early because it was so darned hot, you wouldn't think it hot at 10 degrees C but I still have a 13 tog douvete on the bed!
  • #3,004
  • May 21, 2010 12:30am May 21, 2010 12:30am
Quoting ertorque
Guys, when I try to download the .ex4 files from the 1st post, it is always in the form of php. Any ways to overcome this as it doesn't open properly in this format. I am aware that another solution is to get it from the 'Pin' logo the top right hand corner of the thread but I feel more 'secure' getting it from the 1st post as I know Geoff always update it with the latest changes. Moreover in the Pin, you need to look the dates which can be a pain.
Thanks.

CY
Try it from here!

http://cdn.forexfactory.com/images/attach/ex4.gif SimpleH1_GBPUSD_EAv7a.ex4 (18.4 KB, 45 views) http://cdn.forexfactory.com/images/attach/mq4.gif SimpleH1_GBPUSD_EAv7a.mq4 (19.2 KB, 42 views)
  • #3,005
  • May 21, 2010 12:41am May 21, 2010 12:41am
Holla, guys. Can u help me

I've a error #4107 (ERR_INVALID_PRICE_PARAM) on 4digit and EA not open any orders in backtest and forward . On 5digit all is ok.
  • #3,006
  • May 21, 2010 12:44am May 21, 2010 12:44am
Quoting Haishang
Geoff, what are you doing here so early in the morning? You don't want to wake up to these news that early, do you?
Roman, what is your take on the current breakout of the EURUSD?

GBPUSD isn't following it yet but it probably will.
  • #3,007
  • May 21, 2010 1:22am May 21, 2010 1:22am
Quoting geoffb65
The loss was on v4 this is what prompted me to take a fresh look at it and modify it to v4a.
So its (v4a) more stable, u mean?? Thanks though..
  • #3,008
  • May 21, 2010 1:28am May 21, 2010 1:28am
Quoting geoffb65
Roman, what is your take on the current breakout of the EURUSD?

GBPUSD isn't following it yet but it probably will.
PBOC, SNB and ECB together with Soros met on my birthday in Zurich (12th of May)...guess, what they planned and now we have the sh..

My take is that E/$ up to 1.3000 and then only one direction, down
GBP will move in sympathy

start of downtrend possibly next week but we need some leeway in case spain goes belly up next and then the rout will be more serious than after Greece debacle.

Thing is that the Continent has so bad politicians who don't know what to do (that's what Merkel already confessed earlier this week)....

ea won't trade because 197 downtrend for the next days and even if it comes back the s/l probability will rise because of the higher intervention risk. Victor already suggested a time expiry of open positions after Asian trade but that would reduce profitability even more I assume.....

Don't want to sound too negative but i think Europe has now a serious soverign debt crises, Spain will cost 600bn and that is conservative. Banks there did not even mark to market their property books because government did not allow that.......

Do you have any plans to rewrite it only for this period of time? Afterwards I think it should be great again but don't know how long Central Banks will push the market around.
  • #3,009
  • May 21, 2010 1:31am May 21, 2010 1:31am
Looking at the GU chart, the point where the v5a's (1.4411) & v6's (1.4420) loss long position b4, the price is moving back towards it..

Makes me wonder..

Geoff, any comments??
  • #3,010
  • May 21, 2010 1:44am May 21, 2010 1:44am
Quoting Haishang
PBOC, SNB and ECB together with Soros met on my birthday in Zurich (12th of May)...guess, what they planned and now we have the sh..

My take is that E/$ up to 1.3000 and then only one direction, down
GBP will move in sympathy

start of downtrend possibly next week but we need some leeway in case spain goes belly up next and then the rout will be more serious than after Greece debacle.

Thing is that the Continent has so bad politicians who don't know what to do (that's what Merkel already confessed earlier this week)....

ea won't trade because...
Many thanks Roman!

You are able to analyse this sort of thing much better than me, it's all just chit-chat to me I'm afraid!

I have no plans to rewite, the EA uses price action regardless it will only trade with the trend.
  • #3,011
  • May 21, 2010 1:45am May 21, 2010 1:45am
Quoting bee7244
Looking at the GU chart, the point where the v5a's (1.4411) & v6's (1.4420) loss long position b4, the price is moving back towards it..

Makes me wonder..

Geoff, any comments??
GBPUSD is ranging but it does get dragged around by the EURUSD!
  • #3,012
  • May 21, 2010 1:49am May 21, 2010 1:49am
I agree, You can add the USA to that list as well, they are in as much trouble as the rest.
The trouble was always going to be with the bailouts.....paying it back..I belive and I have for a while we are heading for a double dip recession aided by higher Inflation and increase taxes.

You can also add the increase cost and taxes that are included in the shame called " Global warming " and you have a very intresting time for all.


  • #3,013
  • May 21, 2010 1:54am May 21, 2010 1:54am
Quoting calstock
I agree, You can add the USA to that list as well, they are in as much trouble as the rest.
The trouble was always going to be with the bailouts.....paying it back..I belive and I have for a while we are heading for a double dip recession aided by higher Inflation and increase taxes.

You can also add the increase cost and taxes that are included in the shame called " Global warming " and you have a very intresting time for all.


What part do you guys think China will play in this?
  • #3,014
  • May 21, 2010 2:05am May 21, 2010 2:05am
China is the superponzi, we are sitting in the middle of it here in Shanghai
The US was kindergarten..
  • #3,015
  • Edited 2:19am May 21, 2010 2:07am | Edited 2:19am
Quoting geoffb65
What part do you guys think China will play in this?
My view....

China is in not as good a position as we are lead to belive....first they have tried to fight the recession by internal policies and internal infrastructure spending and job creation.....however there are suffering company closure and un-employment plus of course there massive loan to the USA, which they must be getting very worried about..

China's role as I see it ...firstly is to increase growth and fight Inflation within then they must contiune to consume resources to drive Asia and create income and employment for the region...

The other country that I belive has escaped attention is Japan, I recall a figure of some 119% debit to GBP...
  • #3,016
  • May 21, 2010 2:09am May 21, 2010 2:09am
[
The US was kindergarten..[/quote]



They act like it....
  • #3,017
  • May 21, 2010 2:26am May 21, 2010 2:26am
Quoting calstock
[
The US was kindergarten..

I think the US will protect their own interests whatever happens!
  • #3,018
  • May 21, 2010 2:54am May 21, 2010 2:54am
Hi geoffb65,

U have shared your research. Your resolution does credit to your honor.

I have 1 question: What are your SMA settings for rev4a ?

Tx u.
  • #3,019
  • Edited 3:50am May 21, 2010 3:36am | Edited 3:50am
Quoting sharteel
Hi geoffb65,

U have shared your research. Your resolution does credit to your honor.

I have 1 question: What are your SMA settings for rev4a ?

Tx u.
The default settings are 16 SMA and 197 SMA, these have proved to be the best we have tried so far!
  • #3,020
  • May 21, 2010 3:56am May 21, 2010 3:56am
Quoting jiuu
Holla, guys. Can u help me

I've a error #4107 (ERR_INVALID_PRICE_PARAM) on 4digit and EA not open any orders in backtest and forward . On 5digit all is ok.
For some reason some 4 digit brokers (such as TDFX) quote their prices in 5 digits, the quoted price is used by the EA to place the order and is then rejected by the broker because it is 5 digit!

It may be possible to get your broker to change your account to 5 digit which is worth trying!
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