Simple H1 GBPUSD EA | Page 423 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

Trading is this Simple? Finally Explained simple and clearly! 46 replies

Simple 3 order GBPUSD EA 1,047 replies

Experiment with "Simple H1 GBPUSD EA" 4 replies

Simple 5m GBPUSD trade system 10 replies

Attachments: Simple H1 GBPUSD EA
Exit Attachments

Simple H1 GBPUSD EA

  • #8,441
  • Aug 19, 2010 3:22pm Aug 19, 2010 3:22pm
Quoting SkyzerFX
We can have as many options as people on this board..

Every option needs to be proven efficient before considering

implementation BS. Strategy should stay as simple as possible, that's why

people still make money with camvcvoo V3.
Well, don't get me wrong that is not a demand, just my 2-pip thought.
  • #8,442
  • Aug 19, 2010 3:24pm Aug 19, 2010 3:24pm
Quoting fishman356
Thanks for the settings, if you were to leave the three order in place,
wouldn"t it be more profitable, say 22,30, 66 ? Just a thought, or am I missing something. Also, When I try to move the hour start time for different sessions , the chart lines will not move to the correct place, any thoughts.
fishman356
You can use whatever settings you prefer, the timed exit has enabled us to
use 140 SMA to reduce the number of losing trades and the suggested
TP & SL settings are the optimised values to go with the 140 SMA.
  • #8,443
  • Aug 19, 2010 4:59pm Aug 19, 2010 4:59pm
Quoting geoffb65
You can use whatever settings you prefer, the timed exit has enabled us to
use 140 SMA to reduce the number of losing trades and the suggested
TP & SL settings are the optimised values to go with the 140 SMA.

Geoff,

Are you saying that the "PositionMaxOpenHours" setting is also adjustable?

The lower volume and volatility during the Asian session sometimes causes price to stall. And so adjusting the automatic close from 7 to 9 hours until after the open of the European sessions might be a more optimum setting.

I know we prefer quick pips, but if I could change the setting from 7 to 9 hours, I would do so as a personal preference when the higher volume begins to kick prices in the right direction.

For all of this, ten million thank yous to you,

Raymond
If nothing changes, nothing will change...
  • #8,444
  • Aug 19, 2010 6:22pm Aug 19, 2010 6:22pm
Quoting rnfuller102
I know we prefer quick pips, but if I could change the setting from 7 to 9 hours, I would do so as a personal preference when the higher volume begins to kick prices in the right direction.
Do you realize that before settings are actually set as default

EA been backtested and all settings optimized to get best possible

results? Otherwise you are welcome to change anything you like.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #8,445
  • Aug 19, 2010 6:47pm Aug 19, 2010 6:47pm
I thought we would have another trade today.
  • #8,446
  • Aug 19, 2010 6:53pm Aug 19, 2010 6:53pm
Quoting lawgirl21
I thought we would have another trade today.
same here..
  • #8,447
  • Aug 19, 2010 7:03pm Aug 19, 2010 7:03pm
Quoting lolbin7
same here..
both ema's are down waiting for fractal to form

Hopefully history will repeat itself look at yesterday almost the same pattern
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.GIF Size: 75 KB
  • #8,448
  • Aug 19, 2010 7:23pm Aug 19, 2010 7:23pm
Quoting lawgirl21
I thought we would have another trade today.
I will enter manuel short trade if PA breaks through and closes below support line.
Attached Image (click to enlarge)
Click to Enlarge Name: gu breakout.gif Size: 14 KB
  • #8,449
  • Aug 19, 2010 7:25pm Aug 19, 2010 7:25pm
Good morning to All
No trades from axisodl. both EMA's were down and i was expecting a short.

Yesterday i got 2 longs with +22 and +20..

Regards
Velli
  • #8,450
  • Aug 19, 2010 7:35pm Aug 19, 2010 7:35pm
Does this ea only take the trade in the first hour ?
  • #8,451
  • Aug 19, 2010 7:40pm Aug 19, 2010 7:40pm
Quoting fishman356
Does this ea only take the trade in the first hour ?
Yes.
  • #8,452
  • Aug 19, 2010 8:03pm Aug 19, 2010 8:03pm
IBFX live v17a/3 no trades today. There's always next week.
  • #8,453
  • Aug 19, 2010 8:16pm Aug 19, 2010 8:16pm
Thank You.
  • #8,454
  • Aug 19, 2010 8:37pm Aug 19, 2010 8:37pm
SMAs aligned but no trade due to fractals not forming on fxcm vps.
  • #8,455
  • Aug 19, 2010 10:45pm Aug 19, 2010 10:45pm
Quoting lawgirl21
I will enter manuel short trade if PA breaks through and closes below support line.
Just pull up a daily chart and see price rejection of 1.5550/60 (on my charts)
that's the line in the sand for me.
  • #8,456
  • Aug 19, 2010 11:13pm Aug 19, 2010 11:13pm
Quoting RED-Dragon
Just pull up a daily chart and see price rejection of 1.5550/60 (on my charts)
that's the line in the sand for me.
hello Red,
correct me if i were wrong....my observation, for the last 5 hours the candlestick never went past the 30 SMA.
coulad this signal for further south orr.....
  • #8,457
  • Aug 19, 2010 11:15pm Aug 19, 2010 11:15pm
Anyone have any opinion???
  • #8,458
  • Aug 20, 2010 12:58am Aug 20, 2010 12:58am
Quoting lawgirl21
I will enter manuel short trade if PA breaks through and closes below support line.
Lawgirl, please excuse what is probably an obvious question bur how do you calculate PA, is it an indicator or what?

TIA
  • #8,459
  • Aug 20, 2010 1:03am Aug 20, 2010 1:03am
alpari uk live - no trades today...
meine augen sind die sterne
  • #8,460
  • Aug 20, 2010 1:34am Aug 20, 2010 1:34am
Quoting dambuster
Lawgirl, please excuse what is probably an obvious question bur how do you calculate PA, is it an indicator or what?

TIA
It is nearly 11:30pm PDT here on the west coast and she is likely sleeping at this hour.

So that you will not have to wait awhile for her answer, I'll take the liberty (and trust in her forgiveness) of saying that PA is simply "price action."

I believe price did indeed fall below her indicated support level, and she will likely wake up Friday morning to find that she entered another profitable trade!

Blessings,
Raymond
If nothing changes, nothing will change...
1 trader viewing now