Attachments: Simple H1 GBPUSD EA

Simple H1 GBPUSD EA

#8,301
Aug 13, 2010 3:53am Aug 13, 2010 3:53am

paulbt38
| Joined Mar 2010 | Status: Trader | 244 Posts

Quoting dambuster

Disliked

Anybody else on live noticed that the 7hr move TP to +8 pips hasn't kicked in?

Might be worth making the adjustment manually....

Ignored

My understanding od this is simply if we haven't hit tp but are more than +8 then it will close the trades. As we are in a loss this morning it isn't going to close or move the tp. I may be wrong on this

Paul

#8,302
Aug 13, 2010 3:59am Aug 13, 2010 3:59am

dambuster
| Joined Nov 2009 | Status: Trader | 443 Posts

Quoting paulbt38

Disliked

My understanding od this is simply if we haven't hit tp but are more than +8 then it will close the trades. As we are in a loss this morning it isn't going to close or move the tp. I may be wrong on this

Paul

Ignored

You are right Paul, I misunderstood the timed exit thinking that if the trade was in negative after 7 hrs that the TP would be moved to +8

This is Geoff's explanation which does make the principal quite clear:

Quote

Disliked

Yes, the defaults are as before except for the timed exit and I have optimised
them to 7 hours and 8 pips.

After 7 hours from the time when the order is opened if there is more than
8 pips profit the EA will close all the open orders and gets rid of most, but
not all, of the "marathon" trades!

The overall profitability is reduced but the reduction in the losing trades
more than compensates for this! http://cdn.forexfactory.com/images/s.../yim/happy.gif

#8,303
Edited 9:26am Aug 13, 2010 5:16am | Edited 9:26am

tangianto
| Joined Jun 2010 | Status: Trader | 170 Posts

+11
+8
+9

Thanks uncle Geoff and Piptician,

#8,304
Aug 13, 2010 5:21am Aug 13, 2010 5:21am

tangianto
| Joined Jun 2010 | Status: Trader | 170 Posts

Quoting dProf

Disliked

Manual entry....sounds familiar...
Tang, Just made 25 pips....start Long at 00.15
looks like its goin' upward again for 3 hrs....so far

Ignored

dProf, today i made more then +100 pips..

Cheers,

Happy Weekend.. cu on monday..

#8,305
Aug 13, 2010 5:24am Aug 13, 2010 5:24am

dryclean
Joined Oct 2008 | Status: Sailing for pips | 2,099 Posts

Quoting paulbt38

Disliked

My understanding od this is simply if we haven't hit tp but are more than +8 then it will close the trades. As we are in a loss this morning it isn't going to close or move the tp. I may be wrong on this

Paul

Ignored

I reported yesterday that mine exited 3 orders with a 41 pip loss each after 7 hours but in all honesty I had 3 London orders open an hour before, but it should not have mattered different magic numbers also a FIFO error came into play with the London orders ( i know there is no London discussion here on this thread just stating fact) the funny thing is there was no record in my log files about the close for the 40 pip loss good old alpari

I just closed out manual for about a 5 pip gain after bouncing off the bottom all night what a month last month made almost 1500 pips this month 1/2 over and I'm at 57+ I guess I'll take it

check my progress since July 1st (alpari acct only not fxdd which is similar)
http://www.myfxbook.com/members/dryc...imple-gu/42502

#8,306
Aug 13, 2010 5:39am Aug 13, 2010 5:39am

dambuster
| Joined Nov 2009 | Status: Trader | 443 Posts

Not so unlucky Friday 13th...

+8.2 & +7.7 on Alpari UK live

Have a good weekend y'all and here's to green pips next week

#8,307
Aug 13, 2010 6:27am Aug 13, 2010 6:27am

josh11
Joined May 2009 | Status: Consistency is Key!! | 1,297 Posts

Quoting dryclean

Disliked

I reported yesterday that mine exited 3 orders with a 41 pip loss each after 7 hours but in all honesty I had 3 London orders open an hour before, but it should not have mattered different magic numbers also a FIFO error came into play with the London orders ( i know there is no London discussion here on this thread just stating fact) the funny thing is there was no record in my log files about the close for the 40 pip loss good old alpari

I just closed out manual for about a 5 pip gain after bouncing off the bottom all night what a month last...

Ignored

What version are u using??? V9, Tokyo v16/ 17??? Nice results!!!

#8,308
Aug 13, 2010 7:57am Aug 13, 2010 7:57am

dryclean
Joined Oct 2008 | Status: Sailing for pips | 2,099 Posts

If you refering to my myfxbook I started out with v5 all the way to v17
those results show Tokyo London and some NY Currently I'm using v16 still testing v17

#8,309
Aug 13, 2010 8:07am Aug 13, 2010 8:07am

dProf
| Joined May 2010 | Status: Trader | 39 Posts

Quoting tangianto

Disliked

dProf, today i made more then +100 pips..

Cheers,

Happy Weekend.. cu on monday..

Ignored

Congrat again Tang, made some more myself....
Could've match yours, but taking CALCULATED RISK ONLY,
No complain....money is good...Thanks again Geoff..

#8,310
Edited 10:14am Aug 13, 2010 9:49am | Edited 10:14am

SkyzerFX
| Commercial User | Joined Jul 2009 | 5,375 Posts

piptician, you think you can add additional Option like

Place_Limited_Trades = false/true

Limit_Trades_Spread =false/true (If true then 1st, 2nd and 3rd Orders are placing within specifying numbers of pips see lower)

There could be 2 approaches..

#1 Place first Order right at Triggered Price and other within specified "Limit_Trades_Spread_Value"

Or

#2 Place first Order away from triggered price within specified "Limit_Trades_Spread_Value"

Limit_Trades_Spread_Value =20 (means after Trigger
first trade would be placed 20 pips away then another 20 pips from first
and third 20 pips from second)

If LIMIT_TRADES_SPREAD=false then

All 3 orders placed at ones

within Limit_Trades_Spread_Value

STOP LOSS VALUE MUST BE CALCULATED FROM Fractals original TRIGGERED PRICE.

If Place_Limited_Trades = false then EA trades as it is now..

So? We are really losing nothing, other than adding Additional Option

for People who don't feel comfortable drown down account by 50-80 pips

daily.

How about that?

Thank you.

Viewer Discretion Advised: Shall we shag now or should we shag later? :-)

#8,311
Aug 13, 2010 9:50am Aug 13, 2010 9:50am

binh828
| Joined Jun 2010 | Status: Trader | 11 Posts

Demo Alpari US - Tokyo V17
+8
+8
-4
====
+12

Stopped by 7hr limit.

I'll take it.

#8,312
Aug 13, 2010 10:04am Aug 13, 2010 10:04am

SkyzerFX
| Commercial User | Joined Jul 2009 | 5,375 Posts

Quoting binh828

Disliked

Demo Alpari US - Tokyo V17
+8
+8
-4
====
+12

Stopped by 7hr limit.

I'll take it.

Ignored

Ok, let see.. Yesterday from 23:00 GTM Cable rise from 1.5578 to
1.5679, That's 100 pips

basically first we go down 100 pips and then comeback to make 12

We could save like 60+ pips by placing limited Sell Orders instead of Market at the spot, just

in last 2 days, they are perfect example of Why we need this.

Viewer Discretion Advised: Shall we shag now or should we shag later? :-)

#8,313
Aug 13, 2010 12:08pm Aug 13, 2010 12:08pm

crazzypip
| Joined Mar 2010 | Status: Trader | 125 Posts

v9 Alpari uk.
2 Trades still in from last night.
a few pips down.

CP

#8,314
Aug 14, 2010 4:05am Aug 14, 2010 4:05am

piptician
| Joined Feb 2010 | Status: Trader | 141 Posts

Quoting SkyzerFX

Disliked

piptician, you think you can add additional Option like

Place_Limited_Trades = false/true

Limit_Trades_Spread =false/true (If true then 1st, 2nd and 3rd Orders are placing within specifying numbers of pips see lower)

There could be 2 approaches..

#1 Place first Order right at Triggered Price and other within specified "Limit_Trades_Spread_Value"

Or

#2 Place first Order away from triggered price within specified "Limit_Trades_Spread_Value"

Limit_Trades_Spread_Value =20 (means after Trigger
first trade would be placed 20 pips away then...

Ignored

Sure, just leave it with me. I also want to try out what Calstock has proposed:

http://www.forexfactory.com/showpost...postcount=8317

Let's see which one works the best.

Regards,
Piptician

#8,315
Aug 14, 2010 8:12pm Aug 14, 2010 8:12pm

SkyzerFX
| Commercial User | Joined Jul 2009 | 5,375 Posts

Quoting piptician

Disliked

Sure, just leave it with me. I also want to try out what Calstock has proposed:

http://www.forexfactory.com/showpost...postcount=8317

Let's see which one works the best.

Regards,
Piptician

Ignored