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1minute 1 trade

  • #381
  • May 21, 2012 9:26pm May 21, 2012 9:26pm
I am not coder but those EAs are really simple, Well, Just able to modify a old dump EA to test EURUSA for 6 month data, It seems that Paulus setting is right, For Stoploss, It is best near 16-17pip, while profit taking is near 45pip to 50 pip, best entry time is near 30 min to 1 hour after London time, However, It needs human to look at chart for best decision for bigger profit.

However, With very limit data, AUDJPG is better than EURUSA, For 4 weeks data, best setting for stoploss is 18 pip while profits 52pip at AUD market open time, It might be good for your guy to enter order before sleep.

EA is very limit in power, Human can do better for pattern reconnization while EA can do very fast ordering with many small tweak.
  • #382
  • May 22, 2012 12:05am May 22, 2012 12:05am
no trade bias this session, for me.........got the day off
  • #383
  • May 22, 2012 12:17am May 22, 2012 12:17am
Hi. Can anybody help me how to set the market open line (indicator), I am residing in Asia. As far as i know, here in Malaysia, UK time (9.00AM) will be somewhere around 4.00PM Malaysia time. Waht value shall i put in?
  • #384
  • May 22, 2012 1:14am May 22, 2012 1:14am
Quoting centrinos
Hi. Can anybody help me how to set the market open line (indicator), I am residing in Asia. As far as i know, here in Malaysia, UK time (9.00AM) will be somewhere around 4.00PM Malaysia time. Waht value shall i put in?
Am in the same timezone as u. I believe you hv to set it as per your MT4 time (your broker server time) not your local time.

My broker server time is GMT+2.

Current London timezone is GMT+1, London open at 8am London time.

my setting : 7am to 9am (GMT+2)

Started to test this strategy last Thursday so far WLW
  • #385
  • May 22, 2012 3:14am May 22, 2012 3:14am
Quoting frollollc
whatfx,

here i read your insistence that paulus make a reply on a different thread. And yet you are guilty of the same thing. Below is an excerpt from a thread you started. And you have still not replied.

Do i sense a double standard here? Lol

-------------------------------------------------------------------------------

sep 28, 2011 11:14am

whatfx
the villain

member since jun 2010
1,741 posts
----------------------------------------------------------------------------
quote:
Originally posted by forex37
anytime soon???

Actually...


aaah ! I had completely forgotten about that thread. Thanks for the reminder. I have finshed testing the methods a few weeks back actually.

So will go back and conclude the thread !
  • #386
  • Edited 10:20am May 22, 2012 6:23am | Edited 10:20am
I am not sure someone upload it here or not, I use this indicator, Put them in your MT4 Indicator folder and in MT4 indicator menu, Select them, it will show your Europe open time and London open time as well USA open time Etc.

I guess that someone might mention here before, Although this method looks very simple and it is still working, However, it needs some skill on trend detection for London market open which a newbie might not be able to do it right. I checked in 2008, There was many simple methods worked, However, Might be people's Forex skill improved? many of them do not work anymore. ( This for other user)
We are here to make/win more money, it is your job to find it, If this method work for you, keep on using it, If it doesn't, find another one but do not waste time to blame for whoever share it.


Quoting centrinos
Hi. Can anybody help me how to set the market open line (indicator), I am residing in Asia. As far as i know, here in Malaysia, UK time (9.00AM) will be somewhere around 4.00PM Malaysia time. Waht value shall i put in?
Attached File(s)
File Type: mq4 JF_TradingTimes.mq4   10 KB | 366 downloads
File Type: ex4 JF_TradingTimes.ex4   12 KB | 299 downloads
  • #387
  • May 23, 2012 12:00am May 23, 2012 12:00am
Thanks Ricky for the info, could you share the test EA here?

Thx

PC

Quoting Ricky101
I am not coder but those EAs are really simple, Well, Just able to modify a old dump EA to test EURUSA for 6 month data, It seems that Paulus setting is right, For Stoploss, It is best near 16-17pip, while profit taking is near 45pip to 50 pip, best entry time is near 30 min to 1 hour after London time, However, It needs human to look at chart for best decision for bigger profit.

However, With very limit data, AUDJPG is better than EURUSA, For 4 weeks data, best setting for stoploss is 18 pip while profits 52pip at AUD market open time, It might...
Less is more...
  • #388
  • May 23, 2012 1:10am May 23, 2012 1:10am
  • #389
  • May 23, 2012 7:14am May 23, 2012 7:14am
Quoting punisher
Punisher, if you were using the EUR/USD, I can not see how you lose money on May 23rd euro session.
Direction is down.
After London open, the price stayed around 1.2670, never went up 1.2680
Using reading of MACD + Stock, there were many entries around the 1.2670 level.
Went down 60 pips. Never hit the stop.
Might be another currency then.
  • #390
  • May 23, 2012 9:08am May 23, 2012 9:08am
my broker show me up up and away
Attached Image (click to enlarge)
Click to Enlarge Name: 23may_1trade.JPG Size: 90 KB
  • #391
  • May 23, 2012 9:48am May 23, 2012 9:48am
Quoting Whitespire
Punisher, if you were using the EUR/USD, I can not see how you lose money on May 23rd euro session.
Direction is down.
After London open, the price stayed around 1.2670, never went up 1.2680
Using reading of MACD + Stock, there were many entries around the 1.2670 level.
Went down 60 pips. Never hit the stop.
Might be another currency then.
Interested to see how you determine the trend to be down during the two hours prior to LON open on EU! Strange.........VERY strange.
A MOUSE THAT ROARS IS STILL NOTHING MORE THAN A MOUSE!
  • #392
  • May 23, 2012 12:18pm May 23, 2012 12:18pm
Quoting scarlet pipe
Interested to see how you determine the trend to be down during the two hours prior to LON open on EU! Strange.........VERY strange.
Scarlet, the difference between the two opening prices was 2 pips on my platform. This is not a trend, this is really flat.
So if the 1mn does not give me a direction, I look at the EUR/USD using higher time frames. The trend on higher time frames was not up.
Nothing strange in my opinion, a 2 pip difference in 2 hours is not, in my opinion, a trend.
If one decides to call this a trend, this is fine. I will not argue.
But at the end of the day, somebody made money , somebody did not.
One should, at least, ask the question why.
  • #393
  • May 23, 2012 3:37pm May 23, 2012 3:37pm
Quoting Whitespire
Scarlet, the difference between the two opening prices was 2 pips on my platform. This is not a trend, this is really flat.
So if the 1mn does not give me a direction, I look at the EUR/USD using higher time frames. The trend on higher time frames was not up.
Nothing strange in my opinion, a 2 pip difference in 2 hours is not, in my opinion, a trend.
If one decides to call this a trend, this is fine. I will not argue.
But at the end of the day, somebody made money , somebody did not.
One should, at least, ask the question why.
There was no trend direction over night irrespective of what time frame you were looking at. The net difference between Aus open and Lon open was only 9 pips. Not enough to warrant calling a trend direction either given the time scale. If you have some insight into how to help those that are having difficulty emulating the 'somebody' that is 'making money' please share it with all of us. Empty statements and making insinuations that others don't even know what pair they are trading is nothing short of ludicrous.
A MOUSE THAT ROARS IS STILL NOTHING MORE THAN A MOUSE!
  • #394
  • May 23, 2012 6:35pm May 23, 2012 6:35pm
Here you are, I modified version 1.6 first which someone badly modified with mistake, So test results is slightly different, but Ver 1.3 is exactly what we need here.

Sauron1.3 use 4H MA to detect trend plus MCAD, not as good as human eye and brain.

For detail information on how to use it, Please read
http://articles.mql4.com/551



Quoting pipcruiser
Thanks Ricky for the info, could you share the test EA here?

Thx

PC
Attached File(s)
File Type: mq4 Sauron_1_3.mq4   7 KB | 353 downloads
  • #395
  • May 24, 2012 2:28am May 24, 2012 2:28am
if you use Paulus broker and his rules
  • #396
  • May 24, 2012 5:41am May 24, 2012 5:41am
It is exactly like the day before yesterday, Those Chart reading is tricky, Also, When you asked broker about chart reading for up and Down, If he is good as that, He should be Daytrader but not broker(I guess that it is stressful to hear angry customer yelling).

I guess that martket change, Even I tested those EA robot, After May/15, few testing profitable EAs lose money.


Quoting punisher
if you use Paulus broker and his rules
  • #397
  • May 25, 2012 6:08pm May 25, 2012 6:08pm
i'm still expecting this strategy to fail, but it's worth continuing for the time being...........from my view

Quoting punisher
if you use Paulus broker and his rules
  • #398
  • May 26, 2012 9:23am May 26, 2012 9:23am
unable to post for most of the week due to personal reason but here are my results for the week

Mon
Equity- £8,069
Stake - £403
Win - £1,210

Equity £9,279

Tues
Equity £9,279
Stake £463
Win £1,389

Equity £10,668

Wed
Equity £10,668
Stake £533
Loss £533

Equity £10,134

Thur
Equity £10,134
Stake £506
Loss £506

Equity £9,627

Fri
Equity £9,627
Stake £481
Win £1,444

Equity £11,071

P
  • #399
  • May 26, 2012 4:43pm May 26, 2012 4:43pm
nice Paulus, +35%

i couldnt join you the week just gone,........offline!
but giving it another go this week

Quoting Paulus
Win £1,210
Win £1,389
Loss £533
Loss £506
Win £1,444
Equity £11,071
  • #400
  • May 27, 2012 9:07am May 27, 2012 9:07am
Thanks Peter

I couldn't post last week myself due to personal reasons ..

It was a good week

Its amazing how many traders give up .. they set up their 1% risk with 3 x reward TP and stop after 3 losing trades because they think some think is going wrong

As Edison once said

Discontent is the first necessity of progress.

And one of my favorites..just look at how many threads Ive started

I have not failed. I've just found 10,000 ways that won't work.

Hmmm or is it this one ....


Just because something doesn't do what you planned it to do doesn't mean it's useless.


P


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