Simple H1 GBPUSD EA | Page 202 | 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

  • #4,021
  • Jun 3, 2010 2:04am Jun 3, 2010 2:04am
Quoting dambuster
03.06.10, Alpari UK live classic and micro +22 & +12.9 pips!

Party time
That was unexpected, when I went to bed the 10 SMA was heading South, it
just goes to show you can never know what forex will do next!
  • #4,022
  • Jun 3, 2010 2:05am Jun 3, 2010 2:05am
Quoting sereginka
Thanks for the best srtategy Geoff, and if make SL 22 pips and do martingale, test it for example from 2008, what do you think about it?
I'm not a fan of martingale, that is for someone else to play with!
  • #4,023
  • Jun 3, 2010 2:10am Jun 3, 2010 2:10am
Quoting geoffb65
Good for you, welcome back, still married I hope!
Thanks Geoff, still married... a good start I guess Back to the grind stone!

No trades last night for me using v9, no errors either
  • #4,024
  • Jun 3, 2010 2:14am Jun 3, 2010 2:14am
Geoffb,

I am using V8 and V4 ... what do you suggest for best results to use 10sma or 16sma?

thanks.
Knez.
  • #4,025
  • Jun 3, 2010 2:15am Jun 3, 2010 2:15am
Quoting fcbrants
Minnelli - I have 4 terminals running on FXDD & I'm not seeing any spikes on the M15 - but it concerns me that you are seeing a spike.

Would you mind sharing your chart, and maybe even the Tick data?

BTW, which time zone are you referring to?

I'll bet that 90% of the confusion we run into stems from MT4 & MT5 using "server based" time - man it gets frustrating...

I'm in the process of opening my live account with FXDD to trade Geoff's EA.

BTW, all 4 V9 FXDD Demo terminals traded in similar fashion & obeyed their MM settings: VHigh Risk...
I have anotherfractal EA that trades during the London session and I have
recently tested it on TDFX, a 4 digit STP broker and it just didn't work.

The results were nothing like the results I get with 5 digit brokers such as
Alpari UK, this is why I suspect our EA does not work so well on 4 digit
brokers, the fractals are "different" but I can't say whether this will prove
to be a good thing or a bad thing longer term!

All brokers should use GMT, then we would have a constant base line!
  • #4,026
  • Jun 3, 2010 2:17am Jun 3, 2010 2:17am
Quoting Knez
Geoffb,

I am using V8 and V4 ... what do you suggest for best results to use 10sma or 16sma?

thanks.
Knez.
The SMA's were arrived at using the optimiser tool which gave 10 for v8 and 16 for v4a!
  • #4,027
  • Jun 3, 2010 2:20am Jun 3, 2010 2:20am
Quoting sanyhuis
Does anyone have trades from v4a last night?

v9 traded 2.
My v9 traded but v4a did not!
  • #4,028
  • Jun 3, 2010 2:22am Jun 3, 2010 2:22am
Quoting tommyd
pretty much same on MBT

23+8 for 31 pips...

3 days 184 pips or there about... very nice.
Beats scalping any day!
  • #4,029
  • Jun 3, 2010 5:04am Jun 3, 2010 5:04am
i've set up the EA v8 with the above settings, and strangely hadn´t been seeing any trades for the EA. So after analysing the logs and came across this error mensage {01:50:20 SimpleH1_GBPUSD_EAv8 GBPUSD,H1: Buy OrderSend 2 failed with error #0}

wich is repeated for every entry the EA tries to do in the market. I've used other EAs with MT4 and never got this error. What could be the problem?

can anyone clarify mi previous doubts ahd help me deal with this error
  • #4,030
  • Jun 3, 2010 5:11am Jun 3, 2010 5:11am
Quoting geoffb65
Beats scalping any day!
Yes it does
Go to sleep wake up with pips

30 pips here FXDD Live 1.4647 1.4671 TS 1.4653

Like taking candy from a baby!
  • #4,031
  • Jun 3, 2010 5:27am Jun 3, 2010 5:27am
Quoting dryclean
Yes it does
Go to sleep wake up with pips

30 pips here FXDD Live 1.4647 1.4671 TS 1.4653

Like taking candy from a baby!
I love it when it does that, go to sleep wake up in profit
  • #4,032
  • Jun 3, 2010 6:34am Jun 3, 2010 6:34am
Geoff,

Would you mind taking a look at this chart and confirming that the 23:00 bar is the correct one? FXCM appear to run at BST (ie GMT + 1) as the current time matches that in the UK. I have set the EA to a GMT Offset of 0, should this be 1?

Thanks,
Paul
Attached Image (click to enlarge)
Click to Enlarge Name: 3rd-june-2010-gbpusd.jpg Size: 97 KB
  • #4,033
  • Jun 3, 2010 7:15am Jun 3, 2010 7:15am
Quoting couton
Geoff,

Would you mind taking a look at this chart and confirming that the 23:00 bar is the correct one?
Do you mind go here http://wwp.greenwichmeantime.com

draw vertical line on your H1 chart current candle and compare time???

common..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #4,034
  • Jun 3, 2010 7:22am Jun 3, 2010 7:22am
Hi all

Still experimenting with the 2 hour offset in IBFX. This week I have 2 sets of orders opened with profit of 88 pips.

Geoff - I will be pm'ing you regarding the fractal EA. Its something I have been working on for a bit...


T...
  • #4,035
  • Jun 3, 2010 7:42am Jun 3, 2010 7:42am
Quoting couton
Geoff,

Would you mind taking a look at this chart and confirming that the 23:00 bar is the correct one? FXCM appear to run at BST (ie GMT + 1) as the current time matches that in the UK. I have set the EA to a GMT Offset of 0, should this be 1?

Thanks,
Paul
If the broker time is BST then the GMT offset is +1.
  • #4,036
  • Jun 3, 2010 8:23am Jun 3, 2010 8:23am
Quoting couton
Geoff,

Would you mind taking a look at this chart and confirming that the 23:00 bar is the correct one? FXCM appear to run at BST (ie GMT + 1) as the current time matches that in the UK. I have set the EA to a GMT Offset of 0, should this be 1?

Thanks,
Paul
FXCM UK - GMT offset is +1.
  • #4,037
  • Jun 3, 2010 8:26am Jun 3, 2010 8:26am
Quoting cprao
FXCM UK - GMT offset is +1.
Thanks for the confirmation cprao!
  • #4,038
  • Jun 3, 2010 9:01am Jun 3, 2010 9:01am
Im up on my IBFX live account! Again!!

Thank to you geoff!

Thank You!

I dont want to be negative but do You or we have a plan if a bad trade comes? In my case 2 losses could take away all gains made in May..

I have backtested your EA on ducascopy 1M data thousands time and have not found how to minimise SL..

Do we have a plan?

With respect
Karel
  • #4,039
  • Jun 3, 2010 9:03am Jun 3, 2010 9:03am
Quoting carolco
Im up on my IBFX live account! Again!!

Thank to you geoff!

Thank You!

I dont want to be negative but do You or we have a plan if a bad trade comes? In my case 2 losses could take away all gains made in May..

I have backtested your EA on ducascopy 1M data thousands time and have not found how to minimise SL..

Do we have a plan?

With respect
Karel
Only money management I'm afraid!

See posts by Paulus, he has it sussed!
  • #4,040
  • Jun 3, 2010 9:19am Jun 3, 2010 9:19am
Quoting carolco
I have backtested your EA on ducascopy 1M data thousands time and have not found how to minimise SL..

Do we have a plan?
Theoretically it can be minimized yes, by adding another few

indicators, but this would minimize number of trades a lot..

Right now for 1 year backtest I have 178 trades total about 3.4 trades

per week. We can possibly set SL to perhaps 70 pips and see how many

loses there would be in total and extract that from total trades..

Worth it or not? Have to do testing and see how many loses there is

for particular Stop loss.. If our higher TP is 50 pips

then reasonable stop loss

should be around 70-75 to have more winners then loses..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
10 traders viewing now