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Simple H1 GBPUSD EA

  • #3,701
  • Jun 1, 2010 5:39am Jun 1, 2010 5:39am
Any programmers reading this, we need this EA break into 2 pieces

1) Indicator on the chart showing Value of those 197 - 10 MA

Labeled Either LONG SHORT or NO TRADE based on those values..

Then display SHORT TRIGGERED/LONG TRIGGERED when it's time

to take a trade

2) SCRIPT which trading part of the EA..

When time is right look over the chart and only if you like what you

see, drag and drop Script on the Chart and go from there..

I would safe 60-70 pips today and by now we would count our profits

instead of sitting in LOSS..

After trade triggered I post that chart, no way I would take that trade

seen this:

This way we can keep EA and Manual version for Advanced traders.
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Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #3,702
  • Jun 1, 2010 6:01am Jun 1, 2010 6:01am
Geoff, if the positions are still open tonight during the next window, will the EA trade again either long/short?
  • #3,703
  • Jun 1, 2010 6:01am Jun 1, 2010 6:01am
a question on the ea...

in the ea information panel I see

Average Daily range 65
current Daily range 100

AVERAGE DAILY RANGE EXCEEDED

can this be a problem?

the ea is working correctly anyway?

thanks
  • #3,704
  • Jun 1, 2010 6:09am Jun 1, 2010 6:09am
Quoting gabri
a question on the ea...

in the ea information panel I see

Average Daily range 65
current Daily range 100

AVERAGE DAILY RANGE EXCEEDED

can this be a problem?

the ea is working correctly anyway?

thanks
Yes, that is for information only, the EA does not use that information.
  • #3,705
  • Jun 1, 2010 6:12am Jun 1, 2010 6:12am
Quoting dambuster
Geoff, if the positions are still open tonight during the next window, will the EA trade again either long/short?
I don't think that will happen but if it did it would not allow more longs, it could
however take a short trade.
  • #3,706
  • Jun 1, 2010 6:12am Jun 1, 2010 6:12am
Quoting geoffb65
Yes, that is for information only, the EA does not use that information.

ok thanks

however everything ok! first and second position close a few second ago in gain
  • #3,707
  • Jun 1, 2010 6:18am Jun 1, 2010 6:18am
Quoting geoffb65
I don't think that will happen but if it did it would not allow more longs, it could
however take a short trade.
Cheers Geoff

PS: +22 pips just closed, 2nd part of trade now secured

Yue da man, Geoff, you da man
  • #3,708
  • Jun 1, 2010 6:19am Jun 1, 2010 6:19am
Quoting dambuster
Cheers Geoff

PS: +22 pips just closed, 2nd part of trade now secured

Yue da man, Geoff, you da man
I'm pleased you stayed with it, good for you!
  • #3,709
  • Jun 1, 2010 6:21am Jun 1, 2010 6:21am
Quoting jiva34
Here's what I see.
a breakout to the the upside.
The ea is what it is. It has a huge stop loss
a terrific success rate
and may take some time to complete
The overall trend is still up..
Good call!

We certainly saw the "bottom twitchers" out in full force today!
  • #3,710
  • Jun 1, 2010 6:29am Jun 1, 2010 6:29am
Have to admit that mine did a fair bit of twitching as well but WOW, what a turnaround and now very happy with my +22 and +50 pips banked
  • #3,711
  • Jun 1, 2010 6:33am Jun 1, 2010 6:33am
Quoting geoffb65
Good call!

We certainly saw the "bottom twitchers" out in full force today!
that was a tough ride Geoff! Jesus.......have a great day and here I take a Whiskey.....
  • #3,712
  • Jun 1, 2010 6:34am Jun 1, 2010 6:34am
Happy puppy here!!
Hats off to you Jeoff!!
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  • #3,713
  • Jun 1, 2010 6:36am Jun 1, 2010 6:36am
Quoting geoffb65
Oh bee7244!

You don't need me to tell you where you went wrong!

This price action occurs frequently, this is why we have such a big stoploss and
you know as well as I do that when you decide how many orders to place
you must assume the worst, that they could all hit the stoploss!
Yeah, i know, like what i PM you, my emotion always comes first..That's why i requested that 'scalping' thing.. Login back into my vps.. my demo showed that the position closed where it should close.. it amazed me how one bar could change it all.. The price never hit the SL, yet it took what it should, the TP!!!..

Wow.. i should have more $$ to do this again.. I have to manually trade to cover what i loss today..
  • #3,714
  • Jun 1, 2010 6:36am Jun 1, 2010 6:36am
I hold it and got the all the four finished in positive...

Great
  • #3,715
  • Jun 1, 2010 6:37am Jun 1, 2010 6:37am
Quoting gabri
ok thanks

however everything ok! first and second position close a few second ago in gain
Congratulations gabri.
  • #3,716
  • Jun 1, 2010 6:41am Jun 1, 2010 6:41am
Quoting sanyhuis
Congratulations gabri.
Congratulations to everyone who held their positions, it is tough when this
happens but it has happened in back testing and live before and this is
why we carry such a large stoploss!
  • #3,717
  • Jun 1, 2010 6:41am Jun 1, 2010 6:41am
Quoting bee7244
Wow.. i should have more $$ to do this again.. I have to manually trade to cover what i loss today..
Though it's run up, this particular trade was better Short than Long.

Signals are good, but entries just rediculous.. No problem I'd trade this

strategy manually with the same SL /TP /TSL parameters..

Geo, what STEP you have for Trailing Stop? 1 pip? 2 pips? 5 pips?

Thank you.
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  • #3,718
  • Jun 1, 2010 6:42am Jun 1, 2010 6:42am
Wonderful thread. Wonderful EA.
Thanks Geoff... wisdom, kindness and patience.
Your confidence was demonstrated on today's trades.
Definitely gained from studying and analyzing the back test data.
It shows the necessity, value and strength of the 140 SL.
It has proven itself, time and again. You trust it or you don't.
tough to watch it work it's 'magic' though.....
much sympathy and compassion to the

bottom twitchers.... lol....
Cheers,
G.
"You Never Know.....Until You Find Out."
  • #3,719
  • Jun 1, 2010 6:47am Jun 1, 2010 6:47am
Quoting SkyzerFX
Thought it's run up, this particular trade was better Short than Long.

Signals are good, but entries just rediculous.. No problem I'd trade this

strategy manually with the same SL /TP /TSL parameters..
I totally agree with you on that, Sky.. The entries just killing me..

But for geoff, no offense man.. You got a great EA here, just it doesnt suit me after 2 losses.. i have to gain back what i loss to activate this again on live acc, however my demo still run..
  • #3,720
  • Jun 1, 2010 6:52am Jun 1, 2010 6:52am
Quoting goldenequity
Wonderful thread. Wonderful EA.
Thanks Geoff... wisdom, kindness and patience.
Your confidence was demonstrated on today's trades.
Definitely gained from studying and analyzing the back test data.
It shows the necessity, value and strength of the 140 SL.
It has proven itself, time and again. You trust it or you don't.
tough to watch it work it's 'magic' though.....
much sympathy and compassion to the

bottom twitchers.... lol....
Cheers,
G.
Right on!
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