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Attachments: Ronnierott's 1 Hour Strategy
Exit Attachments

Ronnierott's 1 Hour Strategy

  • #601
  • Mar 31, 2011 11:19am Mar 31, 2011 11:19am
Quoting nikita
my gj is alreadi stopped out..
why uc cancel? all the rules was in place when i took the order..
uc just stopped out..
erm.. wow.. 3 trades placed this week..all losing trades.. another 2 open trade.. any ideas?

The G/J trade should still be open...

SL @ 132.23
  • #602
  • Apr 1, 2011 1:07am Apr 1, 2011 1:07am
Quoting ronnierott
The G/J trade should still be open...

SL @ 132.23
--> G/J trade reached TP
--> E/U trade still open

Am I correct ?
  • #603
  • Apr 1, 2011 1:34am Apr 1, 2011 1:34am
Quoting Khad
--> G/J trade reached TP
--> E/U trade still open

Am I correct ?

Correct....

So far this week:-

E/U -100
G/J +100
E/U still in play
  • #604
  • Apr 1, 2011 7:15am Apr 1, 2011 7:15am
OK guys.. I will give you the EA that i promissed now.
Below you have the EA called "RonnieRott's by JuBu"(which goes in the experts directory) and two indicators upon which the EA depends named "Close" and "RonnieSignalsSilent"(they go in the indicators directory). The EA will not work without these indis. I have tested it for qite some time and it seems to work fine on both 4 and 5 digits brokers. The EA was designed specifficaly for the H1 TF and no matter which TF you will place it on it will work as if it was on H1. To use it you have to attach it to the chart/pair you want and turn the Expert Avisors button to ON and don't forget to check the "Allow Live Trading" box. You can attach it to as many pairs/charts as you want at the same time.

The EA works like this. It depends on the "RonnieSignalsSilent" indi to give the signal for entering a trade (pending order). It only enters 1 trade/pair so if there is allready an opened trade on the pair the ea will not place any orders. Sometimes certain pairs have a certain range between actuall price and pending order prices and because of that the ea will sometimes enter at a higher or lower (BUY or SELL) price than the High/Low+/-10pips as the strategy says(on pairs with bigger spread for expamle). The EA also delets the pendig order if the second candle from the setup one closes below/above(BUY/SELL) the EMA15. Also the ea dose everything only on open/close of candles or the start of the MT.

Modifiable Parameters:
You can modify these parameters in the expert properties when you attach it to the chart.

- Lots - 0.01 (by befault) amount of lots to enter a trade.
- UseExp - false (by default) this is like the on/off switch for using exponential lots. This will be explained below
- Percent - 1 (by default) the percentage of the free margin that you want to use as lot size.
- UseBreakEven - true (by default) This will be explained below.
- BreakEvenPips - 50 (by default) this is the amount of pips that the price has to exceed in order to break even.
- EMA - 15 (by default) this is the period of the Exponential Moving Average used by the EA. I added this parameter because i have a hunch that 13 or lower (for ex.) is better for not missing other profitable trades. But it's just a hunch, i haven't tested anything yet.


Options
- The EA has a Break Even system set to 50 pips and turned ON by default, you can also turn it off or modify the pips number at which you want it to break even. It has a fixed SL and TP at 100 each witch cannot be modified in the ea, only manually. It will break even only if the candle closes above/below(BUY/SELL) the set number of pips(i.e. 50).

- It also has a "Use Exponential Lots" option which is turned OFF by default. What this means is that if you turn it on by setting the "UseExp" parameter to true it will use a percentage of your free margin as a number of lots to enter the trades. The percentage is set by default to 1% in the ea but you can modify it. If this option is OFF(false) it will use the "Lots" parameter which is set to 0.01 by dafault.


Indis:
- RonnieSignalsSilent is the same as the previuos "RonnieSignals v2.1" only without the alerts and mail sendig options because we don't want to be annoyed by a lot of alerts and e-mails.
- The Close indicator is a simple indi that just tells the Close price. I used it in this EA because I want the EA to be specifically for the H1 TF.


Good Pairs
I have backtested this ea on all the pairs offered by my A.M. broker and these are the only ones that i found profitable : EUR/USD, GBP/USD, EURGBP, USD/JPY, USD/CHF(poor), NZDCHF, GBP/JPY.
You can backtest it yourself with StrategyTester if you want.

Congrats.. now you can just sit back and relax while the ea does everything. I hope it works for all of you.
If you have any problems with it or find any bugs please tell me.
Attached File(s)
File Type: ex4 RonnieRott's by JuBu.ex4   8 KB | 453 downloads
File Type: ex4 RonnieSignalsSilent.ex4   6 KB | 477 downloads
File Type: ex4 Close.ex4   2 KB | 495 downloads
  • #605
  • Apr 1, 2011 7:46am Apr 1, 2011 7:46am
Quoting jubu
OK guys.. I will give you the EA that i promissed now.
Below you have the EA called "RonnieRott's by JuBu"(which goes in the experts directory) and two indicators upon which the EA depends named "Close" and "RonnieSignalsSilent"(they go in the indicators directory). The EA will not work without these indis. I have tested it for qite some time and it seems to work fine on both 4 and 5 digits brokers. The EA was designed specifficaly for the H1 TF and no matter which TF you will place it on it will work as if it was on H1. To use it you have...
Wow thanks Jubu
Something to play with for the weekend
Next week we will be millionaires Yipeeee
  • #606
  • Apr 1, 2011 7:52am Apr 1, 2011 7:52am
Hi Jubu, great work! Thanks a lot!

Btw there was an EA by EA Coder ITA for some time! Where are the difference between the two EA's ? And does anybody has some experience by trading with the former EA ?
  • #607
  • Apr 1, 2011 8:22am Apr 1, 2011 8:22am
Quoting peterporter
Wow thanks Jubu
Something to play with for the weekend
Next week we will be millionaires Yipeeee
Well i wouldn't go that far... but who knows.. maby one day.
  • #608
  • Apr 1, 2011 9:12am Apr 1, 2011 9:12am
Quoting jubu
OK guys.. I will give you the EA that i promissed now.
Below you have the EA called "RonnieRott's by JuBu"(which goes in the experts directory) and two indicators upon which the EA depends named "Close" and "RonnieSignalsSilent"(they go in the indicators directory).
Hi jubu,

I've backtested your EA from 2009 until now on EURUSD, see the result attached (modeling quality: 90%).

Did you get similar results for EURUSD ?

Khad
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdreport.png Size: 42 KB
  • #609
  • Apr 1, 2011 9:28am Apr 1, 2011 9:28am
Quoting jubu
OK guys.. I will give you the EA that i promissed now.
Below you have the EA called "RonnieRott's by JuBu"(which goes in the experts directory) and two indicators upon which the EA depends named "Close" and "RonnieSignalsSilent"(they go in the indicators directory). The EA will not work without these indis. I have tested it for qite some time and it seems to work fine on both 4 and 5 digits brokers. The EA was designed specifficaly for the H1 TF and no matter which TF you will place it on it will work as if it was on H1. To use it you have...


Excellent work Jubu.

Will put it onto demo and compare with forthcomng live trades..
  • #610
  • Apr 1, 2011 9:36am Apr 1, 2011 9:36am
Quoting Khad
Hi jubu,

I've backtested your EA from 2009 until now on EURUSD, see the result attached (modeling quality: 90%).

Did you get similar results for EURUSD ?

Khad
Well actually i didn't test it that far back. just 2010... and thoes were the pairs that gave a positive result
  • #611
  • Apr 1, 2011 9:38am Apr 1, 2011 9:38am
Not the best of weeks, with only 3 setups.

E/U -100
G/J +100
E/U -100

So overall for week being -100.

Overall for March alot healthier at +500

I was hoping that yesterdays E/U was going to get back to B/E this morning so I could have manually closed it before NFP.

It was about -50 just before the news came out so I left it, and the rest is history.

Have a good weekend all.
  • #612
  • Apr 1, 2011 9:41am Apr 1, 2011 9:41am
Quoting ronnierott
Not the best of weeks, with only 3 setups.

E/U -100
G/J +100
E/U -100

So overall for week being -100.

Overall for March alot healthier at +500

I was hoping that yesterdays E/U was going to get back to B/E this morning so I could have manually closed it before NFP.

It was about -50 just before the news came out so I left it, and the rest is history.

Have a good weekend all.
I also had a setup on g/j today (see attached screenshot).

Wasn't it valid ?
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.png Size: 23 KB
  • #613
  • Apr 1, 2011 9:49am Apr 1, 2011 9:49am
Quoting Khad
I also had a setup on g/j today (see attached screenshot).

Wasn't it valid ?

Khad,

Looks a good setup but, I personally don't place trades on NFP day.

If I have a trade already on from previous then I close it if in profit or B/E.
  • #614
  • Apr 1, 2011 9:59am Apr 1, 2011 9:59am
Quoting ronnierott
Khad,

Looks a good setup but, I personally don't place trades on NFP day.

If I have a trade already on from previous then I close it if in profit or B/E.
Ok I understand. I wouldn't have placed a e/u trade on NFP day, but as it was on g/j I gave it a shot. It worked but maybe I was lucky on this one.

Thanks for the explanation.

e/u as retraced all the way back...

Khad
  • #615
  • Apr 1, 2011 10:57am Apr 1, 2011 10:57am
roonie... may i ask..
saw ur post u said march u had +500 pips (i guess it means 5 winning trades of 100 pips each)

do u have a summary on how many trades u have placed for the whole march which ended with 500 pips profit ?

wanna gauge the success rate of this system..
sorry to ask u such direct question..because i had quite a number of losses and i hope u can enlighten me with your exact trade numbers and ur success rate..
thanks again
  • #616
  • Apr 1, 2011 2:13pm Apr 1, 2011 2:13pm
Quoting nikita
roonie... may i ask..
saw ur post u said march u had +500 pips (i guess it means 5 winning trades of 100 pips each)

do u have a summary on how many trades u have placed for the whole march which ended with 500 pips profit ?

wanna gauge the success rate of this system..
sorry to ask u such direct question..because i had quite a number of losses and i hope u can enlighten me with your exact trade numbers and ur success rate..
thanks again
Nikita,

It meant that I had 5 more winning trades than losing ones.

All my trades are logged in a book at work so, tomorrow I'll list them all for March....
  • #617
  • Apr 1, 2011 8:12pm Apr 1, 2011 8:12pm
Quoting ronnierott
Nikita,

It meant that I had 5 more winning trades than losing ones.

All my trades are logged in a book at work so, tomorrow I'll list them all for March....
hi again.. ya ..thanks will be waiting for your list.. thanks alot!
  • #618
  • Edited 9:54am Apr 2, 2011 5:19am | Edited 9:54am
Here's an overall view of trades that happened in March.


1/3 G/J +100
1/3 G/U -100
1/3 E/U +100
3/3 E/U +100
7/3 U/C -100
8/3 G/U +100
9/3 G/J -100
11/3 E/U -100
14/3 E/U B/E
14/3 G/J -100
15/3 U/C +100
15/3 G/J +100
16/3 U/C +100
16/3 G/J +100
17/3 G/J B/E
17/3 U/C -100
18/3 E/U +100
21/3 G/J +100
21/3 E/U B/E
24/3 G/U +100
25/3 G/U +100
28/3 E/U -100
30/3 G/J +100
31/3 E/U -100

Giving a total for the month of +500

8 losses, 13 wins & 3 B/E
  • #619
  • Apr 3, 2011 2:57am Apr 3, 2011 2:57am
Quoting jubu
OK guys.. I will give you the EA that i promissed now.
Below you have the EA called "RonnieRott's by JuBu"(which goes in the experts directory) and two indicators upon which the EA depends named "Close" and "RonnieSignalsSilent"(they go in the indicators directory). The EA will not work without these indis. I have tested it for qite some time and it seems to work fine on both 4 and 5 digits brokers. The EA was designed specifficaly for the H1 TF and no matter which TF you will place it on it will work as if it was on H1. To use it you have...
Hi Jubu

Is there any chance you could make the TP and SL user inputtable
I like to play with different exit strategies

Ta
Peter
  • #620
  • Apr 3, 2011 8:46am Apr 3, 2011 8:46am
roonie..thanks for your statements.. it is reassuring..
however.. remember the other time i asked you about is it not so wise to trade on the 1st day ??
coincidentally i noticed that..most of your losses or not so profitable trades come from the 1st day of trading..
for example.. 7,14,21,28
what do you think ??
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