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Simple H1 GBPUSD EA

  • #5,441
  • Jun 23, 2010 7:45pm Jun 23, 2010 7:45pm
Hi there, today i entered live on IBFX for the first time since I learned abt this thread would appreciate it if anyone could tell me if this is normal:

Ver4A (only 1 trade EA)
TP =24
Stop Loss= 90
Use Trailing = false

On the terminal it shows:
Long trade triggered at 23:59GMT at 1.4966 and TP= 1.4991, SL=1.4877

To me based on what is shown on terminal, TP is (1.4991 - 1.4966)=25pips and not 24 as set in parameter
And SL is (1.4966 - 1.4877) = 89 pips and not 90 as set in parameter.

I find this strange.
Any clarification on this is most appreciated. Thanks.

CY
  • #5,442
  • Jun 23, 2010 8:06pm Jun 23, 2010 8:06pm
First target hit...lots of real money....the rest is gravy...Thanks G!
  • #5,443
  • Jun 23, 2010 8:14pm Jun 23, 2010 8:14pm
Friends,

TP1 4990 hit..Stoch (14,3,3)seems overbought?

Wish you getting more green pips!
  • #5,444
  • Jun 23, 2010 8:22pm Jun 23, 2010 8:22pm
Quoting Pipenjoyer
Friends,

TP1 4990 hit..Stoch (14,3,3)seems overbought?

Wish you getting more green pips!
No!! How in the world can you be disappointed in a gain? I am so grateful for this gem of an EA.
  • #5,445
  • Jun 23, 2010 8:46pm Jun 23, 2010 8:46pm
6 trades today...

3 w/ GU, 3 w/ EJ...all winners...75 pips...awesome...need to switch it to live account...all trades in demo so far.

I like to set my TP at low with higher lots...seems to work out fine with this fine EA.
  • #5,446
  • Jun 23, 2010 8:47pm Jun 23, 2010 8:47pm
Quoting lawgirl21
No!! How in the world can you be disappointed in a gain? I am so grateful for this gem of an EA.
I'm sure you misunderstood his post, he's only making an observation, not lamenting the outcome of the trade(s).
  • #5,447
  • Jun 23, 2010 8:56pm Jun 23, 2010 8:56pm
Quoting silv3r4sh
I'm sure you misunderstood his post, he's only making an observation, not lamenting the outcome of the trade(s).
Didn't sound that way...
  • #5,448
  • Jun 23, 2010 8:59pm Jun 23, 2010 8:59pm
I am not clear on how the SL works with the 3 orders version.
Specifically on the order#3. Can someone please explain it to me?
I had today the v12 - 3 order version take a trade.
The 2nd order had moved the SL, but the third order remained at SL 140.

Thanks for your help

Cheers
  • #5,449
  • Jun 23, 2010 9:12pm Jun 23, 2010 9:12pm
Exited remaining 2 trades at +22 each because an "Error" sign came up. Great evening!
  • #5,450
  • Jun 23, 2010 10:52pm Jun 23, 2010 10:52pm
"@@@@@@@@ MODIFYING TOO SOON SLEEPING FOR 5.0000 seconds @ 03:52:06"

"Failed to modify trailing stops"

I am still getting the above errors (lots of them), so I suppose I am still not getting this new tokyo EA working correctly, I am using FXOpen Micro which I am quite sure it is not ECN, any solution?
  • #5,451
  • Jun 23, 2010 11:03pm Jun 23, 2010 11:03pm
Quoting rnfuller102
I'm in!

Three trades at 1.4967, live on forex.com/uk, v12, 2315gmt
Each of us may have our own unique way to set up and trade this EA.

I usually set the three profit targets the same - tonight's targets were for 30 pips each. Two dollars per pip times three trades of 30 pips each make for a nice profit each time - in addition to my intraday trading. And as my account grows, so will the dollars per pip.

So why not just let it run per default settings? Well, unless the trend is unusually strong, price somestimes reverses and triggers the trailing stop losses.

So I'd rather take the three trades at the 22 target or greater than let it fall back to a few pips on the second and third legs. Forgive me, Geoff, but I'd rather take MORE profit than less - and I am so grateful for the option to do so with this remarkable EA

This EA MAY be the best thing since sliced bread... well, OK, maybe not! But it works for me!

All gratitude to Geoff and piptician!

Thanks,
Raymond
If nothing changes, nothing will change...
  • #5,452
  • Jun 23, 2010 11:04pm Jun 23, 2010 11:04pm
All threee trades opened and in the profit.
1 closed with 21 pips.
When i came back 3 hours later to check how things were doing I had an error message on screen like when you switch to another timeframe.
So I switched to H4 then back to 1 hour and now no error message.
MY journal has one red mark on it
" modification of invalid order with the order #".
That trade closed with 21 pips when it hit profit mark.
It seems to be working ok.
Anyone else have that problem or no what might have happened.
I'm live using V12 with 3 preset on IBFX.
On my demo using V 11 with 3 presets i got an error also " trade dispatcher; trade context is busy".
Hope everyone in the happy trading.
  • #5,453
  • Jun 23, 2010 11:38pm Jun 23, 2010 11:38pm
T/p 1 hit 22
another hit s/l..

but still profit.. not bad..
  • #5,454
  • Jun 24, 2010 12:11am Jun 24, 2010 12:11am
all 3 orders closed in profit today, thank geoff
  • #5,455
  • Jun 24, 2010 12:30am Jun 24, 2010 12:30am
Same here on Alpari, though Fxpro did not trade this time.
  • #5,456
  • Jun 24, 2010 12:45am Jun 24, 2010 12:45am
Quoting Emanuele
Same here on Alpari, though Fxpro did not trade this time.
FxPro at 2:04 terminal time was restart.View log.
Maybe broker specifically wrong?
  • #5,457
  • Jun 24, 2010 12:58am Jun 24, 2010 12:58am
Alpari UK live classic & micro, v9, +24 & +8.6 pips

MTD: +451

Outstanding
  • #5,458
  • Jun 24, 2010 1:30am Jun 24, 2010 1:30am
Quoting zealvix
"@@@@@@@@ MODIFYING TOO SOON SLEEPING FOR 5.0000 seconds @ 03:52:06"

"Failed to modify trailing stops"

I am still getting the above errors (lots of them), so I suppose I am still not getting this new tokyo EA working correctly, I am using FXOpen Micro which I am quite sure it is not ECN, any solution?

I am having the same problem since trying the Tokyo version. Any help?
  • #5,459
  • Jun 24, 2010 1:31am Jun 24, 2010 1:31am
Tokyo V12 on Alpari Classic. Using MM with 2 orders for the first time (3 orders with 0.1 Lots before). Seems to work well. Opened two orders with the correct lot size for the account and risk settings.

+22, +8

I would like to do some analysis on all the live trades I had with since starting to use it on June 1st. May throw up something to help with improvements. Although with a total of 430 pips and more than 12.5% of the account I'm not sure if it needs any improvements
  • #5,460
  • Jun 24, 2010 2:01am Jun 24, 2010 2:01am
Quoting Emanuele
Same here on Alpari, though Fxpro did not trade this time.
Alpari 2 order gave +32 but Fxcbs (ECN) did not trade!
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