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Simple H1 GBPUSD EA

  • #4,981
  • Jun 17, 2010 5:19pm Jun 17, 2010 5:19pm
It'll probably be just fine trading long. I mean the ea could capture 20 pips even if there is just some bouncing around never mind a strong trend...
As much as I really want to make some $$, I am disallowing live trading tonight. Will run one demo x1
Best of luck.
  • #4,982
  • Jun 17, 2010 5:28pm Jun 17, 2010 5:28pm
Quoting Jollyroger
In reading the latest posts we have some real gunslingers on this thread. 10% and 15% of account on one trade. I wish you all the best but I wouldn't sell you "life insurance" or perhaps I should say "account insurance"!

1% per trade is a high risk trade for me.
No guts..no glory!
  • #4,983
  • Jun 17, 2010 5:29pm Jun 17, 2010 5:29pm
Quoting Jollyroger
In reading the latest posts we have some real gunslingers on this thread. 10% and 15% of account on one trade. I wish you all the best but I wouldn't sell you "life insurance" or perhaps I should say "account insurance"!

1% per trade is a high risk trade for me.
I trade very aggressively on my Demo accounts - have yet to trade live yet, still have my training wheels firmly attached

Franko
  • #4,984
  • Jun 17, 2010 5:33pm Jun 17, 2010 5:33pm
Quoting fcbrants
I trade very aggressively on my Demo accounts - have yet to trade live yet, still have my training wheels firmly attached

Franko
At least try some micro with real pennies. The experience is altogether entirely different!!!!!
  • #4,985
  • Jun 17, 2010 5:37pm Jun 17, 2010 5:37pm
Quoting jiva34
At least try some micro with real pennies. The experience is altogether entirely different!!!!!
http://cdn.forexfactory.com/images/icons/dollar.gifhttp://cdn.forexfactory.com/images/icons/pound.gifhttp://cdn.forexfactory.com/images/icons/euro.gifhttp://cdn.forexfactory.com/images/icons/yen.gif ...http://cdn.forexfactory.com/images/icons/icon14.gif totally agree!
  • #4,986
  • Jun 17, 2010 5:37pm Jun 17, 2010 5:37pm
Quoting jiva34
At least try some micro with real pennies. The experience is altogether entirely different!!!!!
Good Idea will set it up on my other live with IBFX...
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #4,987
  • Jun 17, 2010 5:38pm Jun 17, 2010 5:38pm
Quoting lawgirl21
No guts..no glory!
2nd thathttp://cdn.forexfactory.com/images/icons/icon7.gif
  • #4,988
  • Jun 17, 2010 5:40pm Jun 17, 2010 5:40pm
I'm trying to remember... Maybe Geoff or someone else here can help me with this question, please.

Somewhere earlier in the thread I think it was mentioned that in order to hide the EA profit targets and stop settings from the broker it is necessary to change "Show Settings" from "true" to "false." Is that correct?

I think it would be helpful to do this, especially if we all are using just a few brokers.

Thanks,
Raymond
If nothing changes, nothing will change...
  • #4,989
  • Edited 6:15pm Jun 17, 2010 5:45pm | Edited 6:15pm
oh forgot to change gmt
am in trade 1 hour early.
Details details....
good thing it is the demo...
okay will go for x1 live..
sheesh... is it any surprise trading manually is unhealthy for me.
I can't even make up my mind to set the ea or not!!!
When I look at the set up tonight everything that I am familiar with says short short short...
But ea is going to go long...
I am going to go with ea...
:nerd:
Nope I just don't like the way it looks..
Disallow tonight and live to play again next week...
  • #4,990
  • Edited 6:05pm Jun 17, 2010 6:03pm | Edited 6:05pm
Quoting rnfuller102
I'm trying to remember... Maybe Geoff or someone else here can help me with this question, please.

Somewhere earlier in the thread I think it was mentioned that in order to hide the EA profit targets and stop settings from the broker it is necessary to change "Show Settings" from "true" to "false." Is that correct?

I think it would be helpful to do this, especially if we all are using just a few brokers.

Thanks,
Raymond
Somebody correct me if I'm wrong, but I think the ECN True / False setting controls how the trade is placed -

It's on the first page - look for ECN.

My feeling (remember, training wheels firmly attached) is that it might be better to trade with an ECN broker...

(ie, a broker that charges a straight commission, rather than a wider spread, has no dealing desk & passes your trades straight through, and is not a "counter party" to your trade, so is not trading against you - I've chosen ATC)

... and place trades With the ECN setting set to false so your trades are placed With the T/P & S/L loss In Place. That way, if you suffer some type of technical failure, at least your T/P & S/L will be in place & will be activated by the broker if you're disconnected.

Am I correct?

Thanks!!

Franko
  • #4,991
  • Jun 17, 2010 6:08pm Jun 17, 2010 6:08pm
Is there a bank holiday in Asia? zzzzzzzz...
  • #4,992
  • Jun 17, 2010 6:10pm Jun 17, 2010 6:10pm
Quoting jiva34
Is there a bank holiday in Asia? zzzzzzzz...
it's a normal working day in Japan, mate.
  • #4,993
  • Jun 17, 2010 6:11pm Jun 17, 2010 6:11pm
Quoting fcbrants

... and place trades With the ECN setting set to false so your trades are placed With the T/P & S/L loss In Place. That way, if you suffer some type of technical failure, at least your T/P & S/L will be in place & will be activated by the broker if you're disconnected.

Am I correct?
I think not exactly... When ECN is set to true, Trades placed first and

then modified with SL, and not ECN (=false) trade can be placed with

SL already in place.. If you get disconnected your trailing stops wouldn't work in any case (false nor true)

Also I didn't see that EA setting real Take profits. They are hidden, which means EA checks the price every pip and

when target hit, closing the trade.. So? TP also won't work, if you get disconnected.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #4,994
  • Jun 17, 2010 6:12pm Jun 17, 2010 6:12pm
Quoting RisingSun
it's a normal working day in Japan, mate.
  • #4,995
  • Jun 17, 2010 6:16pm Jun 17, 2010 6:16pm
Quoting jiva34
seems all brokers put geoff EA to their ignore list http://cdn.forexfactory.com/images/icons/icon10.gif
  • #4,996
  • Jun 17, 2010 6:22pm Jun 17, 2010 6:22pm
Quoting fcbrants
Somebody correct me if I'm wrong, but I think the ECN True / False setting controls how the trade is placed -

It's on the first page - look for ECN.

My feeling (remember, training wheels firmly attached) is that it might be better to trade with an ECN broker...

(ie, a broker that charges a straight commission, rather than a wider spread, has no dealing desk & passes your trades straight through, and is not a "counter party" to your trade, so is not trading against you - I've chosen ATC)

... and place trades With the ECN setting set to...
Thanks, BUT... one more time

i'm NOT asking about the ECN settings!

All I want to know is whether or not changing the Show Settings option to "false" hides the internal profit targets and stops from the broker!

Raymond
If nothing changes, nothing will change...
  • #4,997
  • Jun 17, 2010 6:29pm Jun 17, 2010 6:29pm
Quoting rnfuller102
Thanks, BUT... one more time

i'm NOT asking about the ECN settings!

All I want to know is whether or not changing the Show Settings option to "false" hides the internal profit targets and stops from the broker!

Raymond
brokers would never know unless the trade columns have values ... those (shown in the trade tab) are the only information they can possibly see about the trade. not the info shown in your charts
  • #4,998
  • Jun 17, 2010 6:29pm Jun 17, 2010 6:29pm
How long does the EA continue to look for a possible trade after 2300gmt? What is the window of opportunity that this EA tries to trade? Is it ONLY during the 2300gmt hour? The next two hours? How far into the Asian session will it try to find a trade?

Again thanks,
Raymond
If nothing changes, nothing will change...
  • #4,999
  • Jun 17, 2010 6:33pm Jun 17, 2010 6:33pm
Quoting rnfuller102
How long does the EA continue to look for a possible trade after 2300gmt? What is the window of opportunity that this EA tries to trade? Is it ONLY during the 2300gmt hour? The next two hours? How far into the Asian session will it try to find a trade?

Again thanks,
Raymond
I believe it is for the 1 hour only... after mkt open.
Maybe the market needs a little....
http://t1.gstatic.com/images?q=tbn:I...9763i0_185.gif
  • #5,000
  • Jun 17, 2010 6:36pm Jun 17, 2010 6:36pm
IKON ROYAL demo v11 x3: 3 longs @4814
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