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Simple H1 GBPUSD EA

  • #3,061
  • May 23, 2010 3:25am May 23, 2010 3:25am
Quoting geoffb65
Before this thread decends into an argument about training, risk
management and who is or is not suitable to trade forex let me remind
everyone what is the purpose of this thread!

Simple H1 GBPUSD EA

That's it, nothing more, I don't do training of any description nor do I
give investment advice, I coded an EA (badly, so I'm told) and offered the
strategy here in this thread and if others want to talk about training let
them open their own thread.

When people ask questions that others think are stupid, I try to answer
them because,...

Hi Geoff

I like your response. Regarding questions on how to use what is on offer on this thread, I think it is important to remember that at one stage in our forex careers, we all didn't know how to use an EA.

Cheers to all, including those new to EAs. http://cdn.forexfactory.com/images/icons/icon10.gif
What you do is a reflection of you....what I do is a reflection of me.
  • #3,062
  • May 23, 2010 3:34am May 23, 2010 3:34am
Quoting Ezzy
Hi Geoff

I like your response. Regarding questions on how to use what is on offer on this thread, I think it is important to remember that at one stage in our forex careers, we all didn't know how to use an EA.

Cheers to all, including those new to EAs. http://cdn.forexfactory.com/images/icons/icon10.gif
Exactly!
  • #3,063
  • May 23, 2010 3:36am May 23, 2010 3:36am
Quoting geoffb65
Before this thread decends into an argument about training, risk
management and who is or is not suitable to trade forex let me remind
everyone what is the purpose of this thread!

Simple H1 GBPUSD EA

That's it, nothing more, I don't do training of any description nor do I
give investment advice, I coded an EA (badly, so I'm told) and offered the
strategy here in this thread and if others want to talk about training let
them open their own thread.

I assume that anyone coming to this thread is interested in applying the
EA to their...
Awesome. That's why we admire you so much.
  • #3,064
  • May 23, 2010 3:44am May 23, 2010 3:44am
Quoting sanyhuis
Awesome. That's why we admire you so much.
You are so kind!
  • #3,065
  • May 23, 2010 5:00am May 23, 2010 5:00am
Hi geoff

Iv been a trader for 12 years manual but mechanical..never used an EA but I like the sound and look of not only the EA but of you and the thread

I have down loaded version 7 from the 1st post edited on May20th is this the latest version ? ...Im guessing so

I know Im being lazy so please excuse me I have tried reading through the posts but just get lost here and there..could you please tell me just 2 things

What are the changes to the ea from 1st to 7th

Have the basic principles of the system changed

A pointy finger to the post number will do

I too tried to code ea's but just gave up and got very little help pity because I have many ideas

All the best

Paulus
  • #3,066
  • May 23, 2010 5:25am May 23, 2010 5:25am
Quoting Paulus
Hi geoff

Iv been a trader for 12 years manual but mechanical..never used an EA but I like the sound and look of not only the EA but of you and the thread

I have down loaded version 7 from the 1st post edited on May20th is this the latest version ? ...Im guessing so

I know Im being lazy so please excuse me I have tried reading through the posts but just get lost here and there..could you please tell me just 2 things

What are the changes to the ea from 1st to 7th

Have the basic principles of the system changed

A pointy finger to the post number...
The EA in post #1 is always the latest version!

The basic strategy has hardly changed at all from the beginning, the only changes that have been done were the addition of filters to get rid of bad trades, the latest of these was the inclusion of a 197 SMA to make sure that we only trade with the major trend.

This resulted in fewer trades but massively reduced the losing days!

There have also been improvements made to the code to get round the odd problems that come up once an EA is used with different brokers etc.

The only way I could point you to the post number would be for me to read through the entire thread myself, sorry!

I can understand your frustration when you have ideas but don't know how to code them yourself, I had the same problem so I decided to learn.

Before you ask, I don't code other peoples strategies, I am not an expert coder, my skill, if I have one, is identifying my own strategies then coding an EA to prove or disprove it.
  • #3,067
  • May 23, 2010 5:55am May 23, 2010 5:55am
Thanks for the reply

I have down loaded a book which gives step by step instructions on how to code Ea's and indicators

I will make this my project in the futures weeks

Thanks again

Paulus
  • #3,068
  • May 23, 2010 6:00am May 23, 2010 6:00am
Quoting Paulus
Thanks for the reply

I have down loaded a book which gives step by step instructions on how to code Ea's and indicators

I will make this my project in the futures weeks

Thanks again

Paulus
  • #3,069
  • May 23, 2010 7:49am May 23, 2010 7:49am
Quoting Paulus
Thanks for the reply

I have down loaded a book which gives step by step instructions on how to code Ea's and indicators

I will make this my project in the futures weeks

Thanks again

Paulus

Paulus, you son of a gun.

Where have you been all this time?

For the new ones here, Paulus has developed some nice trading systems that if you have the patience, work very well.
I still have your Traffic Lights one posted on my Dutch training site.

Good to see you on the track of the using EAs now.

Welcome!!
  • #3,070
  • May 23, 2010 7:56am May 23, 2010 7:56am
Geo, would you recommend trade on Sunday?

Why I ask, because Market open on my broker about 22 GMT

You think it's going to be enough data from Candles for EA,

cause sometimes my trades executed by EA in like GMT 23.30, that's less

than 2 candles on H1, could be some open price action Gap any direction

as well, it's still OK? I'd probably wait till Monday..

Thanks.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #3,071
  • May 23, 2010 7:59am May 23, 2010 7:59am
Quoting SkyzerFX
Geo, would you recommend trade on Sunday?

Why I ask, because Market open on my broker about 22 GMT

You think it's going to be enough data from Candles for EA,

cause sometimes my trades executed by EA in like GMT 23.30, that's less

than 2 candles on H1, could be some open Gap any direction

as well, it's still OK? I'd probably wait till Monday..

Thanks.
Of course I let it run because I want to see if the strategy works under all conditions but I doubt if it will trade today, the 197 SMA still pointing down and the 10 SMA may not have time to turn back down before the magic hour!
  • #3,072
  • May 23, 2010 7:59am May 23, 2010 7:59am
Quoting gabri
Why angry?? Is only a question...
I'm try to' learn from several week, i have some demo account where i'm testing before to go in real and i'm reading a lot about forex.
I'm not an expert so i belive that is better to' do more questions even if the arguments seems stupid..
Gabri.

During the night, normal people sleep.
This one works during the night, as that is what it is when London session is open for me.

Even on my free nights I seem to "work"
Was thinking about you,....and I also got a bit itchy on your approach.
Then a remark of Geoff struck me.......and kept humming in my mind.

I like to tell you this:
For a long time I know my good friend Cobra.
The older traders will know where I am coming from and going to.

Never mind the history.

IF you have the time....and the desire to learn the Money Management matter the best way from a bunch of serious traders, like we have gathered here, go check out the thread and scan for the BIG amount of good posts about that subject.

Here is the link:
http://www.forexfactory.com/showthread.php?t=127271

Personally the trading style does not attract me at all, everybody knows that about me, but AGAIN............the contribution of many good traders about the Money Management issue is priceless.
One of the best there is Doblece, do your homework, it will be worth it and then attack the market with us using Geoffs EA.
  • #3,073
  • May 23, 2010 8:05am May 23, 2010 8:05am
Quoting geoffb65
Of course I let it run because I want to see if the strategy works under all conditions but I doubt if it will trade today
WOW. magic, that was my 3000 post (now 3001 with this one) and your reply was 1200

All very round numbers
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #3,074
  • May 23, 2010 8:07am May 23, 2010 8:07am
Quoting SkyzerFX
WOW. magic, that was my 3000 post (now 3001 with this one) and your reply was 1200

All very round numbers
Must be an omen, watch out for a full moon!
  • #3,075
  • May 23, 2010 8:35am May 23, 2010 8:35am
In this latest version there are no changes to the way the order is
generated however, something mentioned on the other thread by squalou
about slippage made me think that this may be the reason we get variable
results with different brokers.

This version fixes the problem with slippage so it will be a good idea to
upgrade your EA to v8 as soon as possible.

The files in post #1 have also been modified.
Attached File(s)
File Type: ex4 SimpleH1_GBPUSD_EAv8.ex4   19 KB | 416 downloads
File Type: mq4 SimpleH1_GBPUSD_EAv8.mq4   20 KB | 468 downloads
  • #3,076
  • May 23, 2010 8:45am May 23, 2010 8:45am
Hi Geoff
Thanks for your continuous efforts t improve this EA.
I downloaded and installed with demo and live. Let us see what happens tomorrow...

for your great work....

Velli
  • #3,077
  • May 23, 2010 9:31am May 23, 2010 9:31am
Quoting geoffb65
In this latest version there are no changes to the way the order is
generated however, something mentioned on the other thread by squalou
about slippage made me think that this may be the reason we get variable
results with different brokers.

This version fixes the problem with slippage so it will be a good idea to
upgrade your EA to v8 as soon as possible.

The files in post #1 have also been modified.
Does this V8 only replace EAV7a ? or also V4a ?

greets
  • #3,078
  • May 23, 2010 9:33am May 23, 2010 9:33am
Quoting mipip
Does this V8 only replace EAV7a ? or also V4a ?

greets

Ok I see it now didn't read the whole part :-$

I'll update it right away!!!
  • #3,079
  • May 23, 2010 10:35am May 23, 2010 10:35am
Quoting kvellimalai
Hi Geoff
Thanks for your continuous efforts t improve this EA.
I downloaded and installed with demo and live. Let us see what happens tomorrow...

for your great work....

Velli
  • #3,080
  • May 23, 2010 10:36am May 23, 2010 10:36am
Quoting mipip
Ok I see it now didn't read the whole part :-$

I'll update it right away!!!
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