GU Intraday System

Thanks Glenn

SL Mode 2 is calculated from S&R. It takes the nearest Support or Resistance level for the SL. This value must be greater than the GANN value (if long) or smaller than the GANN (if short)

Here is the relation between SL.Mode and SL.Stoploss
SL.Mode/ Description / SL.Stoploss
0 / fixed stop loss / value you want for stop loss
1 / stoploss value equal GANN value / offset added (long) or substract (short) to GANN
2 / nearest S&R / not used
3 / last fractal / not used

It seems that my S&R value aren't really accurate. Daily pivot is ok, I need to change my calculation for support and resistance lines. Even if mode 2 works, stoploss calculated are a little bit too far. That gives more room for trades but increase the exposure. Give it a try in demo first (or backtest) to see if stop loss calculated are ok for you...

Hope that help

Cheers

Mart

Hi Mart,

maybe you can consider to use the above placed SR indicator?
It uses 15 min, 1Hr, 4Hr and 1Day sr and you know, a 4hr or Day sr has much more "weight" then other sr values.

Hi WillemM,

I'm looking at it rigth now. Thanks.

Will see what I do after. I'll probably include the calculation in the ea and put them as options. This way, we'll be able to test different scenario.

Later

Martin

Martin:

Could the exit be plugged into the three level semaphore, as an option?

Could the three-level semaphore be programmed as an exit option?
I am running several pairs on demo and noticed that twice it opened trades opposite to the QQE, which was set to True. Overall, quite nice and profitable. Thanks, Martin.

Sorry, I missed your previous post...

Yeah I could do that. If you have a recent (or prefered) version of the semaphor indicator, send it to me by PM.


For the QQE I found a small error in my code that I have already solve.

I'm curious to know on which pair do you trade the EA? Any results to share?

I'll post an update version of EA beginning of next week.

Have a nice weekend.

Cheers,

Mart

Hello Phover,

I believe Glenn is using this one.

Glenn, can you post your set file? Just save it as a txt file
then you can upload it to FF.

Regards,
Jeff

Thanks, Jeff. Roger that.

I have tried multiple currency pairs, somewhat at random, including GU/EJ,EU,
Euro/CHF, Aud/USD, USD/JPY, USD/CHF.
It seems to work well with all of them, except that Aud/USD was only active during the Japanese session.
Using 5% MM, I have netted over 1.5% daily, except on Friday, which was about 1%. Beginning precisely at the opening bell of the London market would have improved the outcome. A fixed QQE would have prevented two losses that bit into the profit. My BlackBox VPS just switched to a new server, so most of that demo data is lost. The dropbox.com is wonderful for sliding programs into a VPS, by the way.
_Filters_=***** Spread Filter *****
MaxSpread=5
_PIVOT=***** Pivot *************
Pivot.MyPeriod=1440
Use.Pivot.Filter=0
Use.Fib.Pivot.Filter=1
Fib.pivots=1
Fib.camarilla=0
Fib.midpivots=0
Pivot.Thickness=10.00000000
_ADR=***** ADR ******************
ATR1.Prd=5
ATR2.Prd=20
ATR.RoomLimitRatio=0.20000000
ATR.ExcludeSundayData=1
Atr.WaitForPullBack=0.00000000
Atr.WaitForPullBackPeriod=5
_MA=***** Moving Average *****
MA.Period=7
MA.Price=0
MA.Method=0
MA.Shift=1
_GANN=*** HILO GANN ACTIV. *****
GANN.Period=7
GANN.Shift=1
_SM=***** SwingMan TRIX ****
SM.Use=1
SM.TRIX_Period=3
_____Averages_____=0=SMA, 1=EMA, 2=SMMA, 3=LWMA
SM.Mode_Average_1=1
SM.Mode_Average_2=1
SM.Mode_Average_3=1
_____Input_Price_____=0=C,4=Median,5=Typical,6=Weighted
SM.Input_Price=0
SM.Shift=1
QQE_Indi=- - - - - - QQE - - - - -
QQE.Use=1
QQE.SF=5
QQE.RSI_Period=14
QQE.WP=3
QQE.Shift=1
_ORDER=****** TAKEPROFIT *******
OR.Trailing=8
OR.TakeProfit1=30.00000000
OR.TP1SetSLto=1.00000000
OR.Lots1r=50.00000000
OR.TakeProfit2=40.00000000
OR.Lots2r=50.00000000
OR.TakeProfit3=100.00000000
_STOPLOSS=******* STOPLOSS *********
SL.Mode=2
SL.Stoploss=0
_Order_=******* Order info ********
EntryAddOrder=1
MaxOrders=2
TimeBetweenOrder=5
SlippageOpen=2
SlippageClose=2
OrderRetry=3
DelayBetweenRetry=2000
MagicNumber=6000
_SL_TS_=***** Order Setup ****
ECNBroker=0
LotsDigit=2
MaxLot=99.00000000
MinLot=0.05000000
_EXIT=- - - - - - Exit - - - - - -
CloseOnGANNtouch=1
CloseOnOppositeOrder=1
TS_=- - - Break Even - - - -
TS_SetBreakEvenAt=30
TS_LockPips=1
TS_On=1
TS_TrailingStop=30
TS_TrailingStep=2
_MM_=***** Money Management ****
Lots=0.05000000
RiskMM=1
RiskPercent=5.00000000
MeansComm1=___LOT CALCULATION METHOD___
MeansComm2=MeansType: 1 - Balance, 2 - Equity, 3 - FreeMargin
MeansType=1
_EntrySchedule_=******** Schedule *********
EntryOnSchedule=1
ScheduleStartHourGMT=9
ScheduleEndHourGMT=16
TradeOnSunday=1
SundayStartHourGMT=7
TradeOnFriday=1
FridayStopTradingHourGMT=18
FridayEndHourGMT=20
FridayCloseAllTrades=1
_Misc_=********** Misc ***********
EntryAlert=0
EntryEmail=0
ReportEmail=0
ReportSubject=IDGU report
BrokerOffsetFromGMT=1

Hi Guys

I want to appreciate the efforts of everyone involved in the EA project. I have not been consistent becos I have travelled out of my country to do a Masters Degree. I think I owe it to everyone in this thread to explain my absence from this profitable system. As much as I can, I would contribute to the testing of the EA and bring to bear my experience in intraday manual trading. Please keep it up

wow, cool

Thanks Mart for the EA, I will try it out.

winsteadglenn

this settings is for what TF ?

i suspect 15min right?

Falwic:

Thirty min. TF. , although I am still uncertain about which is better, my friend.
The forex factory Supernova EA site suggests a QQEA setting of 1 and 14, and some discussion of using a darfur of 3.5 Something to compare.

with imfo like

*** OUT OF TRADING SCHEDULE no trades anymore?
can i switch this off ?

The Yellow dot, third segment of the semaphore, nearly always nails the peak of a move.

Well, that might be true, but you cannot be sure, for in a (strong) trending market it moves with the trend.
And furthermore it is my opinion, that the more indicators, the worse an ea will be.

Yes, it moves with the trend, so one must wait until it decouples from the current candle. But your point is well taken.

This is a good system, but I seem to be getting a few false signals with this system.
Anybody using any additional filters, please?
Thanks
Nick

Hi everyone,

Just a small words to say that I'm still there.
Was very busy this week. I have too much project running at the same time

Version 1.1 of GU Intraday EA is coming... just a little more patience

Cheers

Martin

Hello Martin,

Your work is very much appreciated.

Regards,
Jeff

tradernc, welcome to the dynamic world of forex were nothing is certain. In this biz we try to first understand the market, its sentiment and then apply some indicators in what we call a trading system to give a perspective of the market.

Now we must understand that forex trading is seasonal, during summer most of the big boys are on break, so there is light volume and not enough to sustain trends. So we have a lot of whipsaws and volatile movements with pricing actually going nowhere. By september the institutional traders return volume is back and we begin to have sustained trends and definite price action uptill the next summer.

So during this period i trade with a reduced lot siz and tend to keep profits targets conservative. Also watching both the 15 min and 30 min chart. If i like what I see thre 15 min chart comes into play.

If you are looking for a filter the QQE as stated in my last update of the system in the thread is a good filter. Also you may wish to trade in the direction of the overall trend as highlighted by the 120 ema on the 4 hr chart (20 ema on the daily).Cheers