Simple H1 GBPUSD EA | Page 260 | 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

  • #5,181
  • Jun 20, 2010 10:33pm Jun 20, 2010 10:33pm
Thank you so much LawGirl21 and Sunyhuis also. Great help. Will be trading the ATC live account tomorrow with $5K. What would you suggest that I do regarding size for a 3 contract trade? Incidentally, my Demo on FOREX.com kicked in tonight and scored +22; I close the other two positions cause am going to bed and wanted to retain the +28 pips each of them had. So that makes 15 straight winners on the $10k Demo. Unbelievable. I think I see some light in helping my kids with their student loans! Yes. Goodnight and thanks for any suggestions on how to manage the ATC account. 66trader66.
  • #5,182
  • Jun 20, 2010 10:39pm Jun 20, 2010 10:39pm
fly baby fly..

Quoting calstock
Alpari UK live....Version 11

long at 1.48477...
  • #5,183
  • Jun 20, 2010 11:15pm Jun 20, 2010 11:15pm
Quoting 66trader66
Thank you so much LawGirl21 and Sunyhuis also. Great help. Will be trading the ATC live account tomorrow with $5K. What would you suggest that I do regarding size for a 3 contract trade? Incidentally, my Demo on FOREX.com kicked in tonight and scored +22; I close the other two positions cause am going to bed and wanted to retain the +28 pips each of them had. So that makes 15 straight winners on the $10k Demo. Unbelievable. I think I see some light in helping my kids with their student loans! Yes. Goodnight and thanks for any suggestions on how...

66, I would not use the 3 contract option! Only 1 contract, figured as follows:
$5,000 @ 5% per trade = $250 total risk per trade
$250/140 (stop loss) = $1.78 per pip
One (1) contract at $2.00 per pip (.2) = $280 total risk per trade
$280/$5000 5.6% of total account

6% risk of total account per trade is considered high risk, but at least you will live to fight another day.
  • #5,184
  • Jun 20, 2010 11:16pm Jun 20, 2010 11:16pm
Yes... The price up up up...
1.487..

1 position was t/p.. $21.. waiting another...
  • #5,185
  • Jun 20, 2010 11:24pm Jun 20, 2010 11:24pm
Quoting 66trader66
This gives me the information I need. Thank you. I started off on FXDD in live time and immediately took three orders and dropped 19 pips on each....
It is absolutely terrible to me. The EA has set 120pips SL but your trades were closed at 19pips, that’s strange and out of my expectations! $500 should have enough margin to stand 120pips!
  • #5,186
  • Jun 20, 2010 11:26pm Jun 20, 2010 11:26pm
"00:22:09 Tokyo_GBPUSD_H1_v11 GBPUSD.,H1: T. GBPUSD 3 O @@@@@@@@ MODIFYING TOO SOON SLEEPING FOR 3.0000 seconds @ 07:22:19"

is the above error related to trailing stops or something? I getting 50-100 kb of them in logs everyday.

And having occasional problem of orders not being sent such as order 1 missing only order 2 and 3 sent or other combination
  • #5,187
  • Jun 20, 2010 11:26pm Jun 20, 2010 11:26pm
Quoting garyhk
It is absolutely terrible to me. The EA has set 120pips SL but your trades were closed at 19pips, that’s strange and out of my expectations! $500 should have enough margin to stand 120pips!
Not on 3 trades.
  • #5,188
  • Jun 20, 2010 11:32pm Jun 20, 2010 11:32pm
Quoting lawgirl21
Not on 3 trades.
em...even if taking 3 trades, $500 can still stand for 120pips on each...
am I wrong?
  • #5,189
  • Jun 20, 2010 11:37pm Jun 20, 2010 11:37pm
Quoting garyhk
em...even if taking 3 trades, $500 can still stand for 120pips on each...
am I wrong?
I think it depends on the leverage and value per pip.
  • #5,190
  • Jun 20, 2010 11:41pm Jun 20, 2010 11:41pm
Quoting lawgirl21
66, I would not use the 3 contract option! Only 1 contract, figured as follows:
$5,000 @ 5% per trade = $250 total risk per trade
$250/140 (stop loss) = $1.78 per pip
One (1) contract at $2.00 per pip (.2) = $280 total risk per trade
$280/$5000 5.6% of total account

6% risk of total account per trade is considered high risk, but at least you will live to fight another day.
i guess alternatively, you could still trade the 3 contract option but using only 0.06 per trade, for a total of 0.18
  • #5,191
  • Jun 20, 2010 11:49pm Jun 20, 2010 11:49pm
Quoting lawgirl21
I think it depends on the leverage and value per pip.
Then 66 may not have enough margin for his cases...
  • #5,192
  • Jun 20, 2010 11:52pm Jun 20, 2010 11:52pm
Alpari UK with two successful trades last night.
  • #5,193
  • Jun 20, 2010 11:52pm Jun 20, 2010 11:52pm
Quoting silv3r4sh
i guess alternatively, you could still trade the 3 contract option but using only 0.06 per trade, for a total of 0.18
That would do the trick! And potential gain is larger!
  • #5,194
  • Jun 20, 2010 11:55pm Jun 20, 2010 11:55pm
Quoting RisingSun
me in, long @4847 ibfx mini, std, demos, V4a
trailing stoploss hit with +17 pips. thanks geoff
  • #5,195
  • Jun 21, 2010 12:02am Jun 21, 2010 12:02am
Quoting 66trader66
This gives me the information I need. Thank you. I started off on FXDD in live time and immediately took three orders and dropped 19 pips on each....
Good morning.
What size lot are you using? Check in your inputs tab.
  • #5,196
  • Jun 21, 2010 12:10am Jun 21, 2010 12:10am
Quoting geoffb65
Yeah....missed me!
Thank goodness.

Quoting RisingSun
My solo on JA2110 some 25 years back. This pilot is not me...
Great pics.

Quoting SkyzerFX
What this chart about, dude? Wrong thread?
It was just showing the spread on cable for me at that time - 28 pips. You'd commented that the spread for you an hour earlier was 1 pip.
Do not focus on making money; focus on protecting what you have.
  • #5,197
  • Jun 21, 2010 12:52am Jun 21, 2010 12:52am
21.06.2010, Alpari UK live classic, micro & demo on v9 all hit full TP, +24 & +47

Running total month to date: +418 pips per account

Thanks Geoff
  • #5,198
  • Jun 21, 2010 1:01am Jun 21, 2010 1:01am
Quoting silv3r4sh
fly baby fly..
done and dusted mate, thanks again geoff

L1 - 2x pips
L2 - 5x pips
L3 - 7x pips
  • #5,199
  • Jun 21, 2010 1:04am Jun 21, 2010 1:04am
Cool.

All three positions closed at TP- +22,+50+80.

Love this EA.

Alpari UK Micro.
  • #5,200
  • Jun 21, 2010 1:06am Jun 21, 2010 1:06am
Quoting dambuster
21.06.2010, Alpari UK live classic, micro & demo on v9 all hit full TP, +24 & +47

Running total month to date: +418 pips per account

Thanks Geoff

dambuster, haven switch to v11?

what is the difference of v9 and v11?
Learn the words... speak the words
2 traders viewing now