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Simple H1 GBPUSD EA

  • #8,381
  • Aug 17, 2010 1:22pm Aug 17, 2010 1:22pm
Wow.. This EA going more Thought n powerfull ..
Thank you very much Piptician...
  • #8,382
  • Aug 17, 2010 1:37pm Aug 17, 2010 1:37pm
Awesome dude
  • #8,383
  • Aug 17, 2010 1:59pm Aug 17, 2010 1:59pm
Quoting piptician
Of course, if you set the pending stop entry too high you will miss a lot of trades so, we will need to find the best setting for this using optimization.

Piptician
I've tested this manually with
Pending Open Step = 20
Second Limit Open Step = 20
Here something similar was attempted:
http://www.forexfactory.com/showthread.php?t=246491
and has gotten good results.

In addition, you can use a Martin.
For example: first PO with Lot = 0.1 and next first PO * 2.
It is important to remember that Martin is very risky.

Thanks for good work and further development of this EA.
  • #8,384
  • Aug 17, 2010 3:58pm Aug 17, 2010 3:58pm
Quoting piptician
I'm still tweaking/testing Tokyo18 which supports Calstock's suggestion of using a trailing Pending Stop. Attached is a chart of what you would have got today using this yet-to-be-released version of Tokyo i.e. +22, +14 and +10 with a drawdown of 27.50 per position instead of 49.70 per position.

Regards,
Piptician
Pip

For the last few weeks I have been using a initial point of 20 pips from the EA entry point and then add activation line 15 pips beyond...
When the pair hit the activation line then a pending order is placed at the 20 pip line...

Yesterday's trade...Ea entered short at 1.56451....placed line at 1.56651 and trigger at 1.56800.....closed the position at 1.56398...26 pips profit..
This has worked every time we have had a drawdown for the last few weeks.
I would sugest the option of placing part of the order at market and part as a pending order also would it be possible to add the ability to put different lot size's with each order...
As I would perfer to have a larger lot order sitting on the pending position..

Thanks
  • #8,385
  • Edited 6:51pm Aug 17, 2010 6:28pm | Edited 6:51pm
Quoting calstock
Yesterday's trade...Ea entered short at 1.56451....placed line at 1.56651 and trigger at 1.56800.....closed the position at 1.56398...26 pips profit..
This has worked every time we have had a drawdown for the last few weeks.
I would sugest the option of placing part of the order at market and part as a pending order also would it be possible to add the ability to put different lot size's with each order...
As I would perfer to have a larger lot order sitting on the pending position..
Thanks
I dunno, but STOP orders looks not efficient.. Basically you trying to get

something higher then it is.. I'm still convinced that Limited are way

to go (remember sleepless nights of 50-100+ pips draw downs on regular basis?) ..

Logic is simple, since we're believe that Tokyo fractals theory as of now appears to be working

we are waiting for Trigger and enter positions at discount... And as I mention earlier

not necessarily all at ones.. Lot size could be involved as well (

trade 1 lot 0.10 -------- 20 pips away from triggered price

trade 2 lot 0.12 ----- 30 pips away from triggered price

trade 3 lot 0.14 -----50 pips away from triggered price..

Something like that..

P.S

The only problem regular Forex account

not allowing like 0.12 lots, -

only

0.10/0.20/0.30 and so on..

P.S

BTW, I have 1 thumbs up and 2 down, which means - "No Trade", but it looks like SELL
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #8,386
  • Aug 17, 2010 7:02pm Aug 17, 2010 7:02pm
not necessarily all at ones.. Lot size could be involved as well (

trade 1 lot 0.10 -------- 20 pips away from triggered price

trade 2 lot 0.12 ----- 30 pips away from triggered price

trade 3 lot 0.14 -----50 pips away from triggered price..

Something like that..

P.S

The only problem regular Forex account

not allowing like 0.12 lots, -

only

0.10/0.20/0.30 and so on..

P.S

BTW, I have 1 thumbs up and 2 down, which means - "No Trade", but it looks like SELL[/quote]

Skyzer love the idea and I also have arrows down and one thumb up tonight. The 2nd and 3rd are however bright red and down. Real bummer but I have never lost with Geoff's EA only when I deviate or try other systems. Tough lessons those were.
  • #8,387
  • Aug 17, 2010 8:56pm Aug 17, 2010 8:56pm
No Trade on Fxpro Live Today...
  • #8,388
  • Aug 17, 2010 11:04pm Aug 17, 2010 11:04pm
No tades on IBFX Live.
  • #8,389
  • Aug 18, 2010 12:04am Aug 18, 2010 12:04am
Nada on Alpari UK
  • #8,390
  • Aug 18, 2010 1:57am Aug 18, 2010 1:57am
Thanks Geoff for your reply to my P/M.

Was enquiring about a good way to learn how to code EAs for people who has no background in writing softwares.

Geoff mentioned a manual/guide. Anyone here knows of it?

Thank you kindly.
  • #8,391
  • Aug 18, 2010 2:22am Aug 18, 2010 2:22am
Quoting hohgch
Thanks Geoff for your reply to my P/M.

Was enquiring about a good way to learn how to code EAs for people who has no background in writing softwares.

Geoff mentioned a manual/guide. Anyone here knows of it?

Thank you kindly.
I searched through my archive and found a copy of the Coders Course but it
is too large to attach to the thread!

Please PM me again and let me have an email address to send it to!
  • #8,392
  • Aug 18, 2010 3:44am Aug 18, 2010 3:44am
Hello Maybe it is necessary again to optimize the EA? Recent deals scare. And what parameters need to optimize?
Sorry for bad English writing through a translator.
  • #8,393
  • Aug 18, 2010 9:44am Aug 18, 2010 9:44am
Classic MQL4 Tutorial by Codersguru:

http://www.forexfactory.com/showthread.php?t=6011
  • #8,394
  • Aug 18, 2010 1:12pm Aug 18, 2010 1:12pm
The setting "PositionMaxOpenHoursMinProfit" is bugged.
When Is set a number, 8 or 80, this is the MINIMUM for the takeprofit 1

When it set 0, It do this:

Attached Image
  • #8,395
  • Aug 18, 2010 1:58pm Aug 18, 2010 1:58pm
Quoting kristor
The setting "PositionMaxOpenHoursMinProfit" is bugged.
When Is set a number, 8 or 80, this is the MINIMUM for the takeprofit 1

When it set 0, It do this:

Attachment
Hi Kristor,

What value do you have PositionMaxOpenHours set to ?

Thanks,
Piptician
  • #8,396
  • Aug 18, 2010 2:21pm Aug 18, 2010 2:21pm
Quoting piptician
Hi Kristor,

What value do you have PositionMaxOpenHours set to ?

Thanks,
Piptician
0 too ... sorry
  • #8,397
  • Aug 18, 2010 2:34pm Aug 18, 2010 2:34pm
Quoting kristor
0 too ... sorry
That means it is working OK

Piptician
  • #8,398
  • Aug 18, 2010 6:09pm Aug 18, 2010 6:09pm
V17a 3 short @1.5589 Fx Solutions
  • #8,399
  • Aug 18, 2010 6:17pm Aug 18, 2010 6:17pm
Alpari Demo v17a 3 sell orders @ 1.55919 and 1.55914
  • #8,400
  • Aug 18, 2010 6:26pm Aug 18, 2010 6:26pm
Alpari LIVE UK
Short @ 55915

Good luck everyone
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