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Simple H1 GBPUSD EA

  • #6,621
  • Jul 12, 2010 6:42am Jul 12, 2010 6:42am
Quoting SkyzerFX
Where was you trailing STOP? After 2nd target hit on your Chart

there was huge bounce back, before target 3....
There is no trailing stop on the third order.

The stop is moved up to +10 when TP1 is hit, then it stays there, so you
make +80 (TP3) or the price falls back to +10 (SL).
  • #6,622
  • Jul 12, 2010 6:50am Jul 12, 2010 6:50am
Quoting MacMG
I would say good morning but it is 12:35 now, so, good afternoon Sky at first.
Good morning to you too. I already made the image with explanation, but Geo reply first

and clear the point


Quoting geoffb65
There is no trailing stop on the third order.

The stop is moved up to +10 when TP1 is hit, then it stays there, so you
make +80 (TP3) or the price falls back to +10 (SL).
Ok, thanks, that clears the picture then.. TP1 + 10 pips very close by that chart

missed probably by 1-2 pips..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #6,623
  • Jul 12, 2010 7:15am Jul 12, 2010 7:15am
Quoting SkyzerFX
Good morning to you too. I already made the image with explanation, but Geo reply first

and clear the point




Ok, thanks, that clears the picture then.. TP1 + 10 pips very close by that chart

missed probably by 1-2 pips..
No, 10 pips above order price!
  • #6,624
  • Edited 7:43am Jul 12, 2010 7:21am | Edited 7:43am
Quoting geoffb65
There is no trailing stop on the third order.

The stop is moved up to +10 when TP1 is hit, then it stays there, so you
make +80 (TP3) or the price falls back to +10 (SL).
Hi Geoff.

Which meant :

if...... == iMagicNumber3)
SL3......

........Bid-Poin*(iTrailingStop-10),.......;


an e.g. if SL=140 modified = 140 - 10 = 130 max pips loose for 3rd order.

am I correct?
or am I wrong?

Thank

Mac.
  • #6,625
  • Jul 12, 2010 7:24am Jul 12, 2010 7:24am
Quoting geoffb65
No, 10 pips above order price!
Already then
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #6,626
  • Jul 12, 2010 7:24am Jul 12, 2010 7:24am
Quoting MacMG
Hi Geoff.

Which meant :


am I correct?
or am I wrong?

Thank

Mac.


Thanks Geoff.

I got it.

it is 10 above open price
Mac,
  • #6,627
  • Jul 12, 2010 7:54am Jul 12, 2010 7:54am
Quoting piptician
Well this is what I awoke to this morning on Alpari UK Live. Three thumbs up and +152 pips - it doesn't get any better than this

For those on other brokers who did not get a trade, it would be interesting to see what your 5min charts look like compared to mine.

Regards,
Piptician
Piptician,

I am confused. I know there was talk on 5M chart, but is that what the majority are doing now? This thread moves so quickly with so many posts, I have to run to keep up.
We are our own best indicator.
  • #6,628
  • Jul 12, 2010 9:28am Jul 12, 2010 9:28am
Like a number of other folks, the EA took trades on my FX Open demo account, but not on my ATC live account. I don't understand why that's happening. Perhaps time will tell. (sigh...)

BTW, what happened to the "Simple 3 order" thread? Did it just die and everyone stayed in this thread?

Thanks,
Ed
  • #6,629
  • Edited 10:20am Jul 12, 2010 10:00am | Edited 10:20am
Quoting cprao
If you don't mind sharing, which VPS service you are using...
Jiva, did cprao's and stifland's question get answered? I need to find a VPS. Thanks.
  • #6,630
  • Jul 12, 2010 10:10am Jul 12, 2010 10:10am
Quoting enewbold
Like a number of other folks, the EA took trades on my FX Open demo account, but not on my ATC live account. I don't understand why that's happening. Perhaps time will tell. (sigh...)

BTW, what happened to the "Simple 3 order" thread? Did it just die and everyone stayed in this thread?

Thanks,
Ed


Hi enewbold.

How do you know that the others are folks in this tread?

Regards

Mac.
  • #6,631
  • Jul 12, 2010 10:16am Jul 12, 2010 10:16am
Quoting bluemele
Piptician,

I am confused. I know there was talk on 5M chart, but is that what the majority are doing now? This thread moves so quickly with so many posts, I have to run to keep up.
Catch me if you can

From Tokyo13 onwards, it is possible to run the EA on any GBPUSD timeframe that you choose without effecting the results. Internally the EA utilizes the H1, M15 and M5 minute data that it needs independently of the timeframe of the GBPUSD chart it is attached to. The advantage of running this on an M5 chart is that it also adds annotations to show where the 15min/5min Fractals are and whether everything is lined up for an entry (three thumbs up).

In terms of which version everyone is using, I'm afraid it still appears that there is a real mixed bag of versions being used right now (including different versions of Geoff's originals). There were some teething issues with earlier versions of Tokyo but these have been sorted. All I can say is stick with the latest version of Tokyo (15) and upgrade to the new versions as soon as they appear (Tokyo16 out soon).

Regards,
Piptician
  • #6,632
  • Jul 12, 2010 10:20am Jul 12, 2010 10:20am
Quoting enewbold
Like a number of other folks, the EA took trades on my FX Open demo account, but not on my ATC live account. I don't understand why that's happening. Perhaps time will tell. (sigh...)

BTW, what happened to the "Simple 3 order" thread? Did it just die and everyone stayed in this thread?

Thanks,
Ed


Yes.

Go to post #1 "Simple 3 order"
and
http://www.forexfactory.com/showthread.php?t=231650

Mac.
  • #6,633
  • Edited 11:49am Jul 12, 2010 11:00am | Edited 11:49am
Broker is TheCollectiveFX. Fractals did not form correctly to create a trade....not sure why (no errors in Experts or Journal files). This seems to happen quite often with this broker. Have EA set on two platforms one on H1 and the other set on M5. Neither traded. The 'stock' M5 fractal formed, but the EA did not follow suit. Any Idea why? Is the fractal restriction necessary to the success if the EA? In v.16 could they be made optional so we could test to see if they are necessary?

Tom K
Attached Image (click to enlarge)
Click to Enlarge Name: forex.gif Size: 21 KB
  • #6,634
  • Jul 12, 2010 11:01am Jul 12, 2010 11:01am
Quoting mary4x
Jiva, did cprao's and stifland's question get answered? I need to find a VPS. Thanks.
Mary,
Try Z Z Z Z Z VPS. I used Commercial last year and they are very good too.

s
  • #6,635
  • Jul 12, 2010 11:04am Jul 12, 2010 11:04am
Oh, I thought the ZZZZZ was just indicating that Jiva was taking a nap... I called Commercial; they didn't call back. Maybe I'll try them again. Thanks.
  • #6,636
  • Jul 12, 2010 11:05am Jul 12, 2010 11:05am
Quoting sanyhuis
Mary,
Try Z Z Z Z Z VPS. I used Commercial last year and they are very good too.

s
Mary,
If you look back to today's first posts or late last night, I think Lawgirl recommended Z Z Z Z Z. I'm looking at them now.
sandra
  • #6,637
  • Jul 12, 2010 11:08am Jul 12, 2010 11:08am
Yeah, saw that. Thought she was also taking a nap...
  • #6,638
  • Jul 12, 2010 11:13am Jul 12, 2010 11:13am
Quoting mary4x
Jiva, did cprao's and stifland's question get answered? I need to find a VPS. Thanks.

Here is one that comes highly recommended!

http://tagadab.com/virtual-private-servers
  • #6,639
  • Jul 12, 2010 11:21am Jul 12, 2010 11:21am
Quoting MacMG
Hi enewbold.

How do you know that the others are folks in this tread?

Regards

Mac.
Possibly from the fact that they posted their orders or results on this thread???
  • #6,640
  • Jul 12, 2010 11:25am Jul 12, 2010 11:25am
Quoting gir
Hi Piptician
this is my chart on Fxpro, no trade
Thanks for posting the chart - I was hoping people would start doing this so that we can analyze why one broker trades and another does not.

I'm afraid slight differences between the highs/lows between brokers can make all the difference. For Alpari UK (Live) the 5min fractal formed 2 bars before the Tokyo open but for FxPro (demo) it formed at the Tokyo open which was too late. See screenshots below with Alpari UK (Live) on top and FxPro (demo) below.

Last week the shoe was on the other foot and Alpari UK (Live) did not trade but other brokers did ...

Regards,
Piptician
Attached Image (click to enlarge)
Click to Enlarge Name: Tokyo_12JUL10_AlpariLive_vs_FxProDemo.PNG Size: 103 KB
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