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Simple H1 GBPUSD EA

  • #8,321
  • Aug 15, 2010 10:04pm Aug 15, 2010 10:04pm
Hi Geoff,
Amazing !
V9 2 open short trades friday.
Both take profit hit again tonight.
Thanks.
CP
  • #8,322
  • Aug 15, 2010 10:08pm Aug 15, 2010 10:08pm
Quoting piptician
Sure, just leave it with me. I also want to try out what Calstock has proposed:


Regards,
Piptician
Geoff and Piptician...

After I posted on Friday, I started to think if in fact we are looking at the wrong end of the trade with secondary entries
Risk increases with time in the market and the changing market dynamics.

Therefore I started to look at the trigger/entry point and the Fractal Geometry.
Assuming we use the standard MT4 fractal indicator, by placing it on a chart it is easy to see that it will create a signal
whenever anything looks close to a fractal, thus creating many Invalid fractal signals.
What we require is to reduce the risk by using only Valid signals, by eyeballing a chart its easy to see the requirements
for a Valid signal, clearly the requirements are a second candle with a small body and a long wick pointing to the fractal
This will give a strong entry point at the opening of the fourth candle.

Therefore the signal must be generated when a wick is 50% the length of the candle body or longer, shorter would be a Invalid
signal.
As I have said before Iam a trader not a programmer so I will leave it to you to say if its possible..
  • #8,323
  • Aug 15, 2010 11:25pm Aug 15, 2010 11:25pm
Tang, any manual entry today?
  • #8,324
  • Aug 15, 2010 11:45pm Aug 15, 2010 11:45pm
Quoting dProf
Tang, any manual entry today?
Nope.. Today not trading, sleeping...

do u have manual entry today dProf ?

btw EA show t/p 1, t/p 2 hit, t/p 3 ts..
  • #8,325
  • Aug 16, 2010 2:42am Aug 16, 2010 2:42am
Tokyo17a which fixes the problem with the timed exit only working if you
have set the trailing stop option to true.

Also the timed exit was not working for the 3rd position if you used the 3 position settings.

You can use the v17 .set files for this version.
Attached File(s)
File Type: ex4 Tokyo_GBPUSD_v17a.ex4   91 KB | 712 downloads
  • #8,326
  • Aug 16, 2010 2:48am Aug 16, 2010 2:48am
...that I really like the new "Bail my ass out!!" feature?

I might have made it out of this one with my tail still attached, but it was way too close for comfort...

Thanks Geoff!!
Thanks Piptician!!

Franko
Attached Image (click to enlarge)
Click to Enlarge Name: phew-2.gif Size: 15 KB
  • #8,327
  • Aug 16, 2010 3:56am Aug 16, 2010 3:56am
82 pips in the first hour of Tokyo last night

  • #8,328
  • Aug 16, 2010 4:05am Aug 16, 2010 4:05am
Quoting SkyzerFX
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...

This is similar to what I suggested a few weeks back

though its more eloquently put by Sky

You would also need a switch off so that if price does not move to the limits but carries on from the trigger then orders are cancelled.

Jav
  • #8,329
  • Aug 16, 2010 4:29am Aug 16, 2010 4:29am
Quoting geoffb65
I have changed one of the settings.

Please try this new version.

It's smart EA
  • #8,330
  • Aug 16, 2010 4:53am Aug 16, 2010 4:53am
Quoting tangianto
Nope.. Today not trading, sleeping...

do u have manual entry today dProf ?

btw EA show t/p 1, t/p 2 hit, t/p 3 ts..
Yep. As usual at 00.15 GMT
30 pips and goin' for more

GBP move as expected....up up and down.....
  • #8,331
  • Aug 16, 2010 7:47am Aug 16, 2010 7:47am
Quoting tangianto
Nope.. Today not trading, sleeping...

do u have manual entry today dProf ?

btw EA show t/p 1, t/p 2 hit, t/p 3 ts..

I took Short on the other system about same time with 50 pip SL/TP

and it hit SL, so 50 pips were never made.. I don't know where you

taking your pips from.. AUDUSD made me 51 pip.. I probably miss TP by few pips on Cable.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #8,332
  • Aug 16, 2010 8:14am Aug 16, 2010 8:14am
Quoting SkyzerFX
I took Short on the other system about same time with 50 pip SL/TP

and it hit SL, so 50 pips were never made.. I don't know where you

taking your pips from.. AUDUSD made me 51 pip.. I probably miss TP by few pips on Cable.
Today Fxpro live entry at 1.55923 hit t/p 2 at : 1.55423 = +50
V17.

http://i38.tinypic.com/if8upu.gif
  • #8,333
  • Aug 16, 2010 9:10am Aug 16, 2010 9:10am
Quoting tangianto
Today Fxpro live entry at 1.55923 hit t/p 2 at : 1.55423 = +50
V17.

http://i38.tinypic.com/if8upu.gif
Yeah, I didn't trade mine.. I'll wait till they come up with limit or stop

orders Version.. Don't have extra money for 140 pips SL
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #8,334
  • Aug 16, 2010 3:01pm Aug 16, 2010 3:01pm
V17a got ShowSettings = true, nothing is shown..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #8,335
  • Aug 16, 2010 6:22pm Aug 16, 2010 6:22pm
Any triggers/trades today? I have nothing displaying on the

chart..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #8,336
  • Aug 16, 2010 6:27pm Aug 16, 2010 6:27pm
Quoting SkyzerFX
Any triggers/trades today? I have nothing displaying on the

chart..
i am waiting .....
  • #8,337
  • Aug 16, 2010 7:06pm Aug 16, 2010 7:06pm
No trades today my 10 and 197 are not in consolidation.
  • #8,338
  • Aug 16, 2010 7:15pm Aug 16, 2010 7:15pm
no trades today at my instaforex live acc with V15. Only got 2 thumbs up.
Helping Others bring u luck
  • #8,339
  • Aug 16, 2010 7:23pm Aug 16, 2010 7:23pm
Nothing!
  • #8,340
  • Aug 16, 2010 7:47pm Aug 16, 2010 7:47pm
Quoting SkyzerFX
Any triggers/trades today? I have nothing displaying on the

chart..

Mine fired short at 56459. fxcbs
down about 12 pips at moment
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