EAs under construction

Sheesh. just did chat with rep at FXDD with simple question about market opening times and the rep wouldn't answer my question. Didn't know?? Says this is not information we carry. ???? Good help is hard to find these days.

US window approaching
Friday, triple witching for equities
No data.
Do not expect there will be a trade US window..

evidently there was a signal US window
have set tp at 20 pips since when the ea is up and running eventually there will be 2 positions and the first tp will be around 20 pips.
Stop loss is 50. want to see how wide this may swing..

progress report.
has bounced off support, daily pivot and retested the pivot.
Close to lunch NY on Friday afternoon.
Could just fall asleep here over the weekend.
Another good reason not to trade US open on a Friday.
Unless there is big data release..

getting late on Friday afternoon
do not want to sit holding this position over weekend
maybe it's gonna pop up last minute maybe not
closed -5pips
takeway: better not to trade Friday NY window with no data release...
Tokyo to NY results +20, +20, -5 total= +35

Well, Jiva, congratulations!! This looks like it's gonna be good!
All my best wishes to you on this new venture. May it be very prosperous to all.

Thank you for sharing.
sandra

Thanks for
Yes it does look good. Has been testing out very nicely. Can hardly wait for the ea to start testing with it.

Have great weekend.
To all the Papa's out there.


Happy Father's Day!
http://t1.gstatic.com/images?q=tbn:_...day_sunset.jpg

using a larger window
1 hour before Frankfurt until 1 hour after NY open
the idea of windows is to find times when the market is very active.
This is the most active time, Europe opens and then overlaps with NY open.
All kinds of data gets released during this time.

it took a 60 pip stop for the long position

took 70 pip stop for the last short...

similar strategy 15 min chart.
window: 1 hour before Frankfurt to 1 hr after NY open.
instead of a cross of the 2 stochs,
look for color change.
when they both become the same color, on the next few candles look for a close above the 8 ema hi for long, 8 ema hi should also be sloping up for long.
vice versa for short.
not more than a certain number of candles can close before the color change is no longer a valid signal. what that number of candles is I am not sure, anywhere from 3 to 5 most likely. Will be on the lookout for the best number to consider.
It may be that the color change is a more important signal than a cross over.
A color change for the stoch displayed as it is in dots corresponds to a cross of the k and the d in the standard graphic representation using lines.
in the indicator window there are 2 different stochastic settings superimposed.

roughly the same stochastic just displayed differently.
The same setting for 1 stochastic is in each window.

this is the macd and the 2nd stochastic compared.
The (12,21,5) setting for stoch roughly mimics the macd default (12,26,9)

yes this is a construction site
using just the one stochastic to find trade signals.
the stoch (21,12,5) that mimics the macd
after a change of direction is confirmed, 2nd dot after a change of color closes
for long: candle closes above 8ema hi, 8ema hi must be sloping up on the 2nd dot.
Trade should nt be entered if criteria is not met within 3 candles.
(vice versa short)
chart shows stoch with (12,21,5) settings the window under the stoch has the conventional macd. just for comparison sake...

shows good entries based on criteria.... given first target +20.

results from tests

This ea is under development. Please do not risk real capital using this.
Testing feedback is more than welcome. Suggestions.. Ideas..
jiva

JIVA 4 Sessions v1

bugs fixed:
-- with entering tokyo trade
-- with double order of different type

slightly altered algorithm.
30 min charts
dss change of color, when candle closes look for entries.
long: green dot
candle closes above 8ema hi
8ema hi is sloping up
no trade taken past 3 candle closes from change of color dot.
lot of action during the session but ea strategy only caught a little towards the end.
That's alright. This is a conservative strategy. Risk is greatly reduced.
Using 20 pip tgts. 60 pip stop.
for now...

no trade (Friday)