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Simple H1 GBPUSD EA

  • #3,501
  • May 28, 2010 9:34am May 28, 2010 9:34am
Quoting geoffb65
Did you get any error messages in the journal?
I did not get any error message. This is the first time this has ever happened since I have been using your EA's. However, I have been using v6 till yesterday and then went to v8.
I'll try again next week! Thanks so much for all your support!! A truly great EA and thread!
Have a good weekend!
Russ
  • #3,502
  • May 28, 2010 9:36am May 28, 2010 9:36am
Quoting kappaforex
Hi Traders. Am running the V8 on Alpari Live with still no trades as yet! Does anyone know why cheers!
OK, but I think we will need a bit more information!

The default settings are correct for Alpari UK so that should not be the problem.

Have you got a smiley face on your platform?
Is Live Trading enabled?
  • #3,503
  • May 28, 2010 9:37am May 28, 2010 9:37am
Quoting cuddlebum
I did not get any error message. This is the first time this has ever happened since I have been using your EA's. However, I have been using v6 till yesterday and then went to v8.
I'll try again next week! Thanks so much for all your support!! A truly great EA and thread!
Have a good weekend!
Russ
  • #3,504
  • May 28, 2010 10:11am May 28, 2010 10:11am
Quoting dryclean
You are set to default setting with GMT offset to +3

If so I wonder why you entered near 20 min before me but you got in lower
FXDD
Geoff any Idea why this might have happend maybe I'm live but other live people also fired off at 2:40 1.4560
  • #3,505
  • May 28, 2010 10:41am May 28, 2010 10:41am
hi all.
i wonder:
is there any good point in optimizing parameters every week (for 1 month period)?
and does the account's currency have any effect on profit/drawdown??
thanks
  • #3,506
  • May 28, 2010 11:01am May 28, 2010 11:01am
Quoting dryclean
Geoff any Idea why this might have happend maybe I'm live but other live people also fired off at 2:40 1.4560
Provided it was within the same hour it can only be due to the way the
fractals are formed and that, I have no doubt, is directly influenced by
the brokers data feed and the degree of smoothing they apply.
  • #3,507
  • May 28, 2010 11:09am May 28, 2010 11:09am
In very beginning learning stage for coding.
Fascinating stuff, really, no kidding..
If I could read code better I wouldn't need to ask this question, but maybe you can help me:
for EAv8,
2 positions are opened initially when the ea triggers,
are they opened as 1 trade, and then closed in partial close order for targets and stops
or
are they opened separately as 2 different positions and treated as 2 different trade from open to close..
Thanks in advance.
jiva
  • #3,508
  • May 28, 2010 11:12am May 28, 2010 11:12am
Quoting jiva34
In very beginning learning stage for coding.
Fascinating stuff, really, no kidding..
If I could read code better I wouldn't need to ask this question, but maybe you can help me:
for EAv8,
2 positions are opened initially when the ea triggers,
are they opened as 1 trade, and then closed in partial close order for targets and stops
or
are they opened separately as 2 different positions and treated as 2 different trade from open to close..
Thanks in advance.
jiva
They are opened as two completely separate trades with the same stoploss but different take profit levels.
  • #3,509
  • May 28, 2010 11:18am May 28, 2010 11:18am
Quoting geoffb65
They are opened as two completely separate trades with the same stoploss but different take profit levels.
  • #3,510
  • May 28, 2010 11:20am May 28, 2010 11:20am
Quoting mistersimple
hi all.
i wonder:
is there any good point in optimizing parameters every week (for 1 month period)?
and does the account's currency have any effect on profit/drawdown??
thanks
I can see the case for "regular" optimising but only when necessary, say
when we have a losing day, otherwise there would be no point!

I must admit, I have never considered how different account currencies would
effect the profit though it must have an effect when values are changing
rapidly as they are at the moment!

Food for thought!
  • #3,511
  • May 28, 2010 11:21am May 28, 2010 11:21am
Hi geoffb65,

I have an idea and i don't know if u can add 3 features in V8.

Inserted Code
 
 
extern int PartialRatioTP1=70; // take 70%
extern int PartialRatioTP2=30; // take 30% from 30% and 70% of 30%
extern int BreakEven=10;

U understand my idea ?
  • #3,512
  • May 28, 2010 11:22am May 28, 2010 11:22am
Quoting jiva34
Did you get a copy of the MT4 coding manual that paulus sent out?
  • #3,513
  • May 28, 2010 11:28am May 28, 2010 11:28am
Quoting sharteel
Hi geoffb65,

I have an idea and i don't know if u can add 3 features in V8.

Inserted Code
 
 
extern int PartialRatioTP1=70; // take 70%
extern int PartialRatioTP2=30; // take 30% from 30% and 70% of 30%
extern int BreakEven=10;
U understand my idea ?
I don't plan on making "special" versions of the code for individual requirements,
this would be very difficult for me to keep track of and it's a bit unfair of you
to request such a thing of me!

If it is something that is an advantage for everyone, then I would include it.
  • #3,514
  • May 28, 2010 11:52am May 28, 2010 11:52am
Quoting geoffb65
Did you get a copy of the MT4 coding manual that paulus sent out?
Yes. I am studying it. These computer languages train us to think more logically. We must surrender to the logic. I am appreciating that.
  • #3,515
  • May 28, 2010 12:03pm May 28, 2010 12:03pm
Geoffb65, my apologize if u think this because it isn't my intention.

tx u.
  • #3,516
  • May 28, 2010 12:25pm May 28, 2010 12:25pm
[quote=Spaghetti;3760465]
Quoting Paulus

There is a great clock indicator that Geoff posted on this thread. Attach that to your chart as it lists broker time and GMT. The time difference is your offset.

I don't have the skills to post it on this message. But look for CLOCK.ex4 in the attachments list

Hi have it locked and loaded

My broker and London times are the same so as we are GMT +1 thats what I will set

The 140 pips SL is not such a worry as long as you calculate your money management correctly

If the model shows 90% win rate then Im happy to use 10% risk per trade
On 2 orders opening with 140 pips of risk per contract my total risk will be 280 pips

On a $10,000 account and using 10% I can risk $1,000

With GBPUSD giving me $10 per pip if I lose 280 pips I lose $2800 which exceeds my 10%

It seems I can trade 4 mini contracts worth $1 per pip each giving me a $4 pip loss on the position as a whole ...on the 280 this gives me $1120 slightly more than my 10% but I need even number contracts.

I would like to know what the average win is per contract over the past 12months in a back test Im yet unable to do this myself

I know my max loss $280 based on a 90% win rate on 100 trades a year I lose a max of $2,800...I need to know the avaerge win to calculate the returns..

is this info available I'm going over old ground I fear but a heads up would be good

Cheers

paulus
  • #3,517
  • May 28, 2010 12:41pm May 28, 2010 12:41pm
[quote=Paulus;3762072]
Quoting Spaghetti


Hi have it locked and loaded

My broker and London times are the same so as we are GMT +1 thats what I will set

The 140 pips SL is not such a worry as long as you calculate your money management correctly

If the model shows 90% win rate then Im happy to use 10% risk per trade
On 2 orders opening with 140 pips of risk per contract my total risk will be 280 pips

On a $10,000 account and using 10% I can risk $1,000

With GBPUSD giving me $10 per pip if I lose 280 pips I lose $2800 which exceeds my 10%

It seems...
Hi Paul

The average profit trade on a 12 months backtest is $25.84 at $1 a pip
  • #3,518
  • May 28, 2010 12:49pm May 28, 2010 12:49pm
Many Thanks Geoff

I know Im working out things the long way but hey ho

P
  • #3,519
  • May 28, 2010 12:52pm May 28, 2010 12:52pm
Sorry Geoff on that back test what was the annual % return on the account please

last time I promise

P
  • #3,520
  • May 28, 2010 12:54pm May 28, 2010 12:54pm
Quoting geoffb65
Hi Chip4Pips

Only just spotted your post while backtracking through the thread.

The percentages work correctly on 5 digit brokers so I suspect your broker
is 4 digit?

I didn't know about this problem but I will look into it, I suspect you can
get round it by multiplying by 10 for now!
You are correct that it was a four digit broker. I also have a five digit account and will try it there, as well.
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