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Simple H1 GBPUSD EA

  • #6,681
  • Jul 13, 2010 4:47am Jul 13, 2010 4:47am
Quoting wingate
Hi

I am new to this thread so please be gentle with me I attached the latest EA to a 5m GBPUSD chart last night and loaded the 3 order .set file. This morning I had 2 blue arrows showing, 1 up & 1 down (next to each other) plus 3 red thumbs pointing down (again next to each other). The price did in fact head south during the night BUT no trades were opened, is this correct or have I missed something? I did not change any of the settings in the .set file and am demo trading with Alpari UK.

Thank you in advance to anyone kind enough to help

Good...
Hi Kevin,

There was no trade today. You need two blue arrows pointing in the SAME direction (i.e SMAs are pointing in same direction) and three thumbs up (Fractals are aligned with SMAs). See page 1 of this thread where it describes the new features introduced in Tokyo_GBPUSD_H1_v13.

Regards,
Piptician
  • #6,682
  • Jul 13, 2010 5:27am Jul 13, 2010 5:27am
Hi all,
where can ifind the below indicator,is it in V15?IAM USING V11 .
Thanks
Smas are not in consolidation
---------------------------
Sma 10 [2] : 1.50350, Sma 10 [1] : 1.50322
Sma 197 [2] : 1.51143, Sma 197 [1] : 1.51147
no trades are expected
  • #6,683
  • Jul 13, 2010 5:45am Jul 13, 2010 5:45am
Hi Piptician,

Thank you for taking the trouble to answer my questions.

I will test again this evening.

Kevin.
  • #6,684
  • Jul 13, 2010 6:17am Jul 13, 2010 6:17am
Quoting mikok730
Hi all,
where can ifind the below indicator,is it in V15?IAM USING V11 .
Thanks
Smas are not in consolidation
---------------------------
Sma 10 [2] : 1.50350, Sma 10 [1] : 1.50322
Sma 197 [2] : 1.51143, Sma 197 [1] : 1.51147
no trades are expected

here.
Attached File(s)
File Type: mq4 GEOFFs Manual Setup v2.mq4   17 KB | 537 downloads
  • #6,685
  • Jul 13, 2010 6:45am Jul 13, 2010 6:45am
Quoting tommyd
here.
hi tommyd,

thanks
  • #6,686
  • Jul 13, 2010 7:28am Jul 13, 2010 7:28am
Attached Tokyo_GBPUSD_H1_v16.

 

  1. While trailing stops it now adheres to the MODE_FREEZELVEL (position can't be modified if too close to TP or SL levels - avoids trailing stop error messages for some brokers).
  2. Fixed a problem with the placement of the M15 fractal triangles on the M5 charts (was sometimes off by a bar or two).
  3. The SMA line segments on the M5 charts are now projected into the future to the next H1 bar.
  4. If an M15 triangle becomes unlocked it turns HotPink. An unlocked M15 fractal can cause the fractal thumb to turn to a thumbs down from a thumbs up.
  5. The EA comment now displays total risk in the account currency, total % risk and risk% per position.
  6. The annotated Profits/Losses now optionally include the number of pips and lot sizes for each position e.g. +15.76 (22.0 pips 0.01 lots)

The files in post #1 have also been updated.

Attached File(s)
File Type: zip Tokyo16set.zip   4 KB | 440 downloads
File Type: ex4 Tokyo_GBPUSD_H1_v16.ex4   86 KB | 558 downloads
  • #6,687
  • Jul 13, 2010 7:53am Jul 13, 2010 7:53am
Thanky, Geoff!
I'm firing this baby tonight!
  • #6,688
  • Jul 13, 2010 8:01am Jul 13, 2010 8:01am
Quoting geoffb65
Attached Tokyo_GBPUSD_H1_v16.

 

  1. If an M15 triangle becomes unlocked it turns HotPink. An unlocked M15 fractal can cause the fractal thumb to turn to a thumbs down from a thumbs up.

The files in post #1 have also been updated.

Hi Geoff,

Care to expand the above bullet? I understand that when a M15 fractal is 'found', it is locked. How we do ever find an unlocked fractal?

What I mean is it is either fractal formed (locked) or not at all.
Hope my question makes sense.
Thanks a lot.

CY
  • #6,689
  • Jul 13, 2010 8:08am Jul 13, 2010 8:08am
Quoting ertorque
Hi Geoff,

Care to expand the above bullet? I understand that when a M15 fractal is 'found', it is locked. How we do ever find an unlocked fractal?

What I mean is it is either fractal formed (locked) or not at all.
Hope my question makes sense.
Thanks a lot.

CY
Fractals can be "found" after 2 bars but the are not locked until the 3rd bar.
  • #6,690
  • Jul 13, 2010 8:27am Jul 13, 2010 8:27am
Quoting geoffb65
Fractals can be "found" after 2 bars but the are not locked until the 3rd bar.
In this case, what does unlocked means?
  • #6,691
  • Jul 13, 2010 8:37am Jul 13, 2010 8:37am
Quoting ertorque
In this case, what does unlocked means?
not locked!
  • #6,692
  • Jul 13, 2010 8:50am Jul 13, 2010 8:50am
Fractal candles require 2 candles on both sides of them to be lower/higher than the fractal candle itself. Consider an upper fractal candle:

Once you have a candle close whose high is greater than the 2 previous candles you have a possible upper fractal in the making. Once the candle after it closes with a lower high, then the fractal candle is identifed as unlocked. Once the the second candle after it closes lower too, then it becomes locked. Until the second candle after it closes it could still achieve a higher high than the fractal candle thereby invalidating it as a fractal at all in which case the unlocked fractal never becomes locked and simply disappears.

not sure if that helps but i think thats the gist of it!!
  • #6,693
  • Jul 13, 2010 9:13am Jul 13, 2010 9:13am
Thanks Geoff and Piptician for V16, sterling work guys, well done
  • #6,694
  • Jul 13, 2010 9:25am Jul 13, 2010 9:25am
Quoting geoffb65
Attached Tokyo_GBPUSD_H1_v16.

 

  1. While trailing stops it now adheres to the MODE_FREEZELVEL (position can't be modified if too close to TP or SL levels - avoids trailing stop error messages for some brokers).

I just run the test and Looks like TSL problem fixed this time, - good job

Thank you.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #6,695
  • Jul 13, 2010 9:39am Jul 13, 2010 9:39am
Quoting counor
Fractal candles require 2 candles on both sides of them to be lower/higher than the fractal candle itself. Consider an upper fractal candle:

Once you have a candle close whose high is greater than the 2 previous candles you have a possible upper fractal in the making. Once the candle after it closes with a lower high, then the fractal candle is identifed as unlocked. Once the the second candle after it closes lower too, then it becomes locked. Until the second candle after it closes it could still achieve a higher high than the fractal candle...
Thanks for the explanation Counor, this is the first time I've ever heard of fractals being in the unlocked state. Now I know!
  • #6,696
  • Jul 13, 2010 10:16am Jul 13, 2010 10:16am
Quoting SkyzerFX
I just run the test and Looks like TSL problem fixed this time, - good job

Thank you.
Great

Thanks Sky for pointing me in the right direction i.e. MODE_FREEZELEVEL.

Regards,
Piptician
  • #6,697
  • Jul 13, 2010 11:32am Jul 13, 2010 11:32am
Quoting geoffb65
not locked!
Sort of a re-paint . . . . looks good then bam!



Thanks pipican and geoff for all your hard work

making many pips with the ea's

remember everyone to change up the magic numbers don't use default
  • #6,698
  • Jul 13, 2010 11:58am Jul 13, 2010 11:58am
Quoting piptician
Great

Thanks Sky for pointing me in the right direction i.e. MODE_FREEZELEVEL.

Regards,
Piptician
Thanks too sky
now this ea is really kicking some piping arse
  • #6,699
  • Jul 13, 2010 1:16pm Jul 13, 2010 1:16pm
Trading with ver 6 risking 10% every night I,m up 50% in less than 3 months

I have not been on FF for a time,...se You have ver16 now.

Guess I have a lot to read, but question is: are ver 16 better than ver6?

If yes than it must be fantastic

Thanks Geoff

Best wishes
Elovv
  • #6,700
  • Jul 13, 2010 1:46pm Jul 13, 2010 1:46pm
Quoting Elovv
Trading with ver 6 risking 10% every night I,m up 50% in less than 3 months

I have not been on FF for a time,...se You have ver16 now.

Guess I have a lot to read, but question is: are ver 16 better than ver6?

If yes than it must be fantastic

Thanks Geoff

Best wishes
Elovv
I was thinking of you today! It's good to see you again.
s
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