Advanced H1 GBPUSD EA

This thread has been setup to focus on a more advanced version of the Tokyo EA developed for Geoffb65's "Simple H1 GBPUSD EA" thread:

http://www.forexfactory.com/showthread.php?t=231650

This advanced version of the Tokyo EA allows each of the 3 orders to be specified as either Market, Limit or Stop (trailed). The intention of this flexibility is that it will allow positions to be entered at more favourable prices than market orders alone will allow.

These ideas were suggested by Calstock:

http://www.forexfactory.com/showthre...31650&page=555

and SkyzerFX:

http://www.forexfactory.com/showpost...postcount=8421

It is hoped that participants on this thread will work together to try and find the best combination of parameters to reduce the StopLoss and drawdown requirements of the "Simple H1 GBPUSD EA" while maintaining its current 100% profitability.

Good Luck and may the journey begin...

Piptician

New Parameters vs "Simple H1 GBPUSD EA" (Tokyo17a)

--- TakeProfit, StopLoss and TrailingStop for each position
int TakeProfit1 = 22;
int TakeProfit2 = 50;
int TakeProfit3 = 80;
int StopLoss1 = 140;
int StopLoss2 = 140;
int StopLoss3 = 140;
double TrailingStop1 = 22;
double TrailingStop2 = 22;
double TrailingStop3 = 22;

---- Order types per position M (Market) S (Stop) L (Limit)
string OrderType1 = "M";
string OrderType2 = "M";
string OrderType3 = "M";

---- How far from normal Tokyo entry price the pending orders should be placed
double PendingEntryOffset1 = 20;
double PendingEntryOffset2 = 20;
double PendingEntryOffset3 = 20;

---- How far beyond pending entry offset before placing stop order
double PendingStopEntryDistToOffset1 = 10;
double PendingStopEntryDistToOffset2 = 10;
double PendingStopEntryDistToOffset3 = 10;

---- Max time to wait to place a pending order and pending order expire time
int PendingStopMaxHoursToPlaceOrder = 16;
int PendingOrderExpireHours = 8;

---- SMA slope/order settings
int smaShift = 2;
double slow_smaMinHourlyDiff = 0.0;
double fast_smaMinHourlyDiff = 0.0;
bool checkSMAorder = false;

---- BROKER SETTINGS
bool PendingOrderExpirationAllowed = true;
double TradeWindowSizeHours = 1.0;

---- TRADE TYPES
bool AllowLongs = true;
bool AllowShorts = true;

!!!!! WARNING !!!!
NOTE THAT THE FOLLOWING RECOVERY SETTINGS ARE INTERRELATED. IF YOU MAKE A CHANGE TO ONE SETTING THEN THIS REQUIRES CHANGES TO THE OTHER SETTINGS. IF YOU DO NOT MAKE THE CORRESPONDING CHANGES THEN RECOVERY WILL NOT WORK !!!!!

---- RECOVERY SETTINGS (default 1.3.3.3.3.3)
bool RecoveryEnabled = false;
int RecoveryTakeProfit1 = 100;
int RecoveryTakeProfit2 = 120;
int RecoveryTakeProfit3 = 228;
int RecoveryTakeProfit4 = 333;
int RecoveryTakeProfit5 = 533;
int RecoveryTakeProfit6 = 733;
int TokyoWithRecoveryStopLoss = 1500;
int RecoveryStopLoss1 = 1500;
int RecoveryStopLoss2 = 1500;
int RecoveryStopLoss3 = 1500;
int RecoveryStopLoss4 = 1500;
int RecoveryStopLoss5 = 1500;
int RecoveryStopLoss6 = 1500;
double RecoveryTrailingStop1 = 0;
double RecoveryTrailingStop2 = 0;
double RecoveryTrailingStop3 = 0;
double RecoveryTrailingStop4 = 0;
double RecoveryTrailingStop5 = 0;
double RecoveryTrailingStop6 = 0;

---- RECOVERY ENTRY OFFSETS
double RecoveryPendingEntryOffset1 = 200;
double RecoveryPendingEntryOffset2 = 400;
double RecoveryPendingEntryOffset3 = 600;
double RecoveryPendingEntryOffset4 = 800;
double RecoveryPendingEntryOffset5 = 1000;
double RecoveryPendingEntryOffset6 = 1200;

---- RECOVERY RISK
double RiskPercent1 = 0.67;
double RiskPercent2 = 0.67;
double RiskPercent3 = 0.67;
double RecoveryRiskPercent1 = 2;
double RecoveryRiskPercent2 = 6;
double RecoveryRiskPercent3 = 6;
double RecoveryRiskPercent4 = 6;
double RecoveryRiskPercent5 = 6;
double RecoveryRiskPercent6 = 6;

---- RECOVERY LOTS
double RecoveryLotsize1 = 0.3;
double RecoveryLotsize2 = 0.9;
double RecoveryLotsize3 = 0.9;
double RecoveryLotsize4 = 0.9;
double RecoveryLotsize5 = 0.9;
double RecoveryLotsize6 = 0.9;

This EA is provided for educational purposes only. By downloading and using this EA you do so entirely at your own risk and you are responsible for any losses you may incur from using this EA in live trading.

Will sure keep a look out!

Good on you, Piptician!

Thank you for your dedicated work.

Piptician,
Thank you, for all you've done and for all you're prepared to do.
I'm sure everyone will be here. It will be a fine showing!

This is great will start running test ASAP
main goal to reduce DD

Will start testing right away. Thanks for your great efforts!

Hi Piptician,
Great work from you both( you and Geoff). Keep it up
Will start the testing today...

Thanks again
Velli

Great thanks for your hard work Piptician
Regards

Mac.

Thanks for all your hard work . Will get it a try.
fishman356

Thank EA. Would write more detail about the new options? I do not quite understand them. Sorry for bad English, translate through a translator.

ok...pip

Thanks for all the work, will trail and see how it performs...

Dry, if you find some interesting settings let me know, I'll sure

to do the same ones I start optimizing this EA, I would probably

wait till weekends, to run backtests

Good morning.
would it be possible to have a manual version because I started on the forex, and for now I prefer to know what happens and move on my orders myself.
it would be really nice if you could do a manual version for beginners like me with information such as (possible stop sell at 10 pips target a 15 pips etc. ..)

FRENCH

Bonjour.
serais il possible d'avoir une version manuel car je débute sur le forex et pour le moment je préfère savoir ce qui se passe et passer mes ordres moi même .
ça serais vraiment sympathique si tu pouvais faire une version manuel pour les débutants comme moi avec des indications comme par exemple ( possible vente stop a 10 pips target a 15 pips etc..)

Good work Piptician.

Manual version is here: http://www.forexfactory.com/showthread.php?t=246491

Hi everyone,

Thanks for your support and showing interest in the advanced version of Tokyo. This is just an initial version, if you have suggestions for improvements, and can make a good case for them, I will give them consideration.

Regards,
Piptician

I have been demoing different set ups and I just set all the order types to L limit and I got 100% with a 14.66% DD $2423 not bad .1 lot

Playing around with settings I used just the stock set up and got $3698. with a 14.72 DD 98.07 % wins

Date range was 08-31-2009 08-30-2010

Man I want to go live tonight.......just kidding

Not sure what a realistic DD % that this could get down to

will post set files if I get something substantial

Hi Marsic,

I have updated post #1 with a list of the new parameters. If you understand the simple version of Tokyo then you should understand what these parameters do.

Regards,
Piptician

$3698 14.72 98.07% Same as your default
can't compare the stops and limits though

$1900 100% 10.27% DD .1 lot
here is a set file
08-01-2009 08-31-2010

As the DD gets lower can increase lot size
and/or use money management for lot size increase

set attached in zip file