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Simple H1 GBPUSD EA

  • #9,781
  • Apr 12, 2012 3:10pm Apr 12, 2012 3:10pm
Quoting delfin20
I try Tokyo_GBPUSD_v17a for 2 months on FXDD. It trade every two or three days and open 3 order at the same time on demo and !!!! never lost. *
I will try to test on other pair.
thanks for this EA

Delfin20
Dear Delfin20

This EA is designed for GBPUSD only (post#1), however any positive result for different pair periodically can be find.
You mind share back test and setting for it?

Regards
Mac
  • #9,782
  • Apr 14, 2012 7:23pm Apr 14, 2012 7:23pm
here is back test, you can see that the EA gbp_usd v9 have some loss but tokyo v17 have no losses , only one of 248.40 because I turn off the Pc and and the EA can NOT manager the order.
the trade are mixe but you can see the tokyo on comment , there are other close order that have nothing to be with Tokio EA
the tokyo trade begin after 0100 broker time fxdd is +3 gmt the trade began after 23 gmt 1 hour before tokyo begin. (miami.we have +1 east time now)
Now I goint to check the setup but the important is to set the correct time with gmt and broker, I made some mistake with time becouse here the time was change to 1+ on march.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: account #1.png Size: 102 KB
Click to Enlarge Name: account #2.png Size: 106 KB
  • #9,783
  • Edited 7:39pm Apr 14, 2012 7:34pm | Edited 7:39pm
HI, here are the setting for the two demo account, I have not check if both are the same setting, may be are mistake or are some set different.
More ease for me was to attache the set file because it is a little large, you can load on your mt4 to check the setting.
both are FXDD +3 = 0.00 gmt most of the trade open over 1:25 broker and later.
DELFIN
the set file dont upload , I rename as txt
Attached File(s)
File Type: txt 4-14-2012.txt   3 KB | 505 downloads
File Type: txt april 14 tokyo.txt   3 KB | 517 downloads
  • #9,784
  • Edited Apr 15, 2012 2:11am Apr 14, 2012 8:13pm | Edited Apr 15, 2012 2:11am
A small token of appreciation to the creator and coder of this super EA.

- try with xxxJPY pairs (6 or 7 you will have with your broker?)
- trade time set at 17:00 JST (which i think is 1 hour aft Lon open: now on daylight saving?)
- number of retries set at 10-20 times
- slippage set at 7.0-10.0 pips
- ECN set to true no matter ECN or not

With these settings run the EA on all of the xxxJPY pairs 5 min charts. pretty good performance on forward runs both on demo and real (don't go real until you have tried enough with demo. It's your responsibility, not mine, for any damages caused by the use of the EA and settings).

The start time is very important. So are the three other parameters in order to get as close to the 3 entries as planned in EA.

Geoff, how is your flight life these days? Hope you don't mind this post, as I wanted to demonstrate the concept and program logic has proven its rigidness. Thanks again for sharing,

Akira
  • #9,785
  • Apr 15, 2012 9:47am Apr 15, 2012 9:47am
thanks RisingSun, I will try your setting for another pair, of couse on demo.
  • #9,786
  • Apr 15, 2012 3:18pm Apr 15, 2012 3:18pm
Quoting delfin20
thanks RisingSun, I will try your setting for another pair, of couse on demo.
my pleasure delfin20. here goes a chart of Friday just FYI
Attached Image (click to enlarge)
Click to Enlarge Name: Noname 2012_04_13_4.png Size: 26 KB
  • #9,787
  • Apr 18, 2012 5:34am Apr 18, 2012 5:34am
Many thanks for your settings RisingSun, I've just loaded up the charts on demo now..Just one question and it's regarding the GMT offset. I'm using Hotforex who says their current GMT offset is 3 however on my MT4 platform, Market Watch is only 2 hrs in front of my local time i.e current local time is 11.27, Market Watch time is 13.27. What to think is the correct GMT offset for this great EA? 2 or 3...Cheers yoda
  • #9,788
  • Apr 18, 2012 5:43pm Apr 18, 2012 5:43pm
I came across a very successful FX trader a few yrs ago and he swore by this kind of method of shorting the pound after NY close, good stuff can't wait to try it out.
Skype: heliosphan187
  • #9,789
  • Edited 6:47pm Apr 18, 2012 6:33pm | Edited 6:47pm
Quoting pipyoda
Many thanks for your settings RisingSun, I've just loaded up the charts on demo now..Just one question and it's regarding the GMT offset. I'm using Hotforex who says their current GMT offset is 3 however on my MT4 platform, Market Watch is only 2 hrs in front of my local time i.e current local time is 11.27, Market Watch time is 13.27. What to think is the correct GMT offset for this great EA? 2 or 3...Cheers yoda
Sorry for the late reply Yoda.

The time issue is always a headache, of many people it seems.

So is for me, and I haven't or couldn't followed the design and coding of this EA within the thread well enough.

So rather than I giving you the guessing work about the offset values, I would like to point out that the thing to watch and make sure is the trade time vertical line in pink colour that appears on your 5 min chart, which should be the time you want the EA to execute the trade.

Do the trial and error and confirm if this line appears at a correct time, which in my case is one hour after London open.

BTW, it is advisable that you change the colours of Fra/Lon/NY/Tokyo open times to white (if your chart background is white) or whatever, so those lines will become invisible and do not confuse you. I tried to shift those 4 lines to match with the realistic times by change the setting within the EA but gave up and just made it invisible - no more headache here, too.

By doing this, you will see the "trade time vertical line in pink" is better visible and you will be able to tweak your time settings without confusion any more.

Hope this helps and good luck with your trial.

On Tuesday btw, the EA gave a wrong set of trades with this trade time setting, causing a floating loss, but not stopped out yet. Don't be discouraged by this and keep "forward" testing on demo for some time.

If you find 2 hours after London open or 1 hour after NY open or whatever is better for the pairs you trade, then it will be your "edge" nobody can argue or beat.

Akria
  • #9,790
  • Apr 19, 2012 8:28pm Apr 19, 2012 8:28pm
Thanks very much for your excellent reply RisingSun, all is much more clearer now..I'll use the pink vertical line to fine tune my start time. Happy trading...Yoda..
  • #9,791
  • Apr 19, 2012 11:06pm Apr 19, 2012 11:06pm
sorry guys

i'm new here

already read some details explanation on page #1.

my broker is ECN, so would like to know whether this powerful ea could be run on my broker .


thanks.
  • #9,792
  • Apr 20, 2012 2:05am Apr 20, 2012 2:05am
Quoting laharjaya
sorry guys

i'm new here

already read some details explanation on page #1.

my broker is ECN, so would like to know whether this powerful ea could be run on my broker .


thanks.
Yes, set parameter ECN to true in the EA.
  • #9,793
  • Apr 20, 2012 2:59am Apr 20, 2012 2:59am
thanks for RisingSun
  • #9,794
  • May 22, 2012 4:43pm May 22, 2012 4:43pm
Quoting pipyoda
Many thanks for your settings RisingSun, I've just loaded up the charts on demo now..Just one question and it's regarding the GMT offset. I'm using Hotforex who says their current GMT offset is 3 however on my MT4 platform, Market Watch is only 2 hrs in front of my local time i.e current local time is 11.27, Market Watch time is 13.27. What to think is the correct GMT offset for this great EA? 2 or 3...Cheers yoda
I think Rising Sun has already covered it very well but in short:

GMT does not change, a lot of countries observe daylight savings time - advancement of the clocks one hour forwards for summer (Summer Time).

This link displays the dates that the clocks change within each country:
http://www.timeanddate.com/time/dst/2012.html

I think you'll find that if you check your market watch during your winter they'll be a difference of 3hrs between your local time & broker time, thus I think your broker is right when they say GMT offset is plus 3 hrs.
  • #9,795
  • May 28, 2012 12:14am May 28, 2012 12:14am
Thanks very much for the info steve..man there's many things I love about FF, but the willingness to help other traders just blow's me away I managed to suss out the GMT issue with the help of 'raising sun' and now Tokyo's set correctly and doing quite nicely. Again cheers Steve and may the pips be with you..
  • #9,796
  • Jun 12, 2012 5:43am Jun 12, 2012 5:43am
Hi there, I have some questions regarding to this EA.

p/s: newbie here!

1. I have downloaded the EA at post #1 and setup accordingly. (GBP/USD chart in H1 tf, correct?)

2. I have set the GMT time. My mt4 watch is 13:00:00. The GMT is 10:00:00, so i set the GMToffset as 3. Correct?

3. Any indicator to use? SMA? what are the settings?

gtg, dinner time! be back in a while!
  • #9,797
  • Jun 13, 2012 1:41pm Jun 13, 2012 1:41pm
Quoting Haishang
For those interested (I hope all of you... ) I would like to post the foreign exchange variation of the Black Scholes model.

http://upload.wikimedia.org/math/d/6...6eda5d8346.png

http://upload.wikimedia.org/math/b/0...f898bc9511.png

http://upload.wikimedia.org/math/e/7...e8f75ba4ae.png

http://upload.wikimedia.org/math/a/d...b0c30ed685.png

S0 is the current spot rateK is the strike price
N...
Here's VBA and an Excel spreadsheet to calculate the Garman Kohlhagen model
  • #9,798
  • Jun 13, 2012 3:08pm Jun 13, 2012 3:08pm
Quoting jam3s7
Hi there, I have some questions regarding to this EA.

p/s: newbie here!

1. I have downloaded the EA at post #1 and setup accordingly. (GBP/USD chart in H1 tf, correct?)

2. I have set the GMT time. My mt4 watch is 13:00:00. The GMT is 10:00:00, so i set the GMToffset as 3. Correct?

3. Any indicator to use? SMA? what are the settings?

gtg, dinner time! be back in a while!


Hi Jam3s7.

Well,
1. this EA is design for 5M tf, but you can try run on higher tf (H1 ).
2. could you possibly let as know what is your broker and where you are
(see post #1 for list of brokers and GMT).
3. there are 3 x emas according to your own optimisation eg; 31; 197; 374; included in this EA code. (see expert properties ).
I hope there is about "Tokyo GBPUSD v17a" EA.
Regards

Mac.
  • #9,799
  • Jun 13, 2012 3:25pm Jun 13, 2012 3:25pm
Quoting Bugman2012
Here's VBA and an Excel spreadsheet to calculate the Garman Kohlhagen model

Hi Bugman

Wow
it looks impressive , sounds good, but useless on this tread I'm afraid.
or maybe I'm wrong

Mac.
  • #9,800
  • Jun 24, 2012 2:09pm Jun 24, 2012 2:09pm
Midsummer's Day!? Happy birthday, St. John the Baptist!!?? HAPPY BIRTHDAY GEOFF!!!!!! Your generosity, patience, and clear thinking in this thread are exemplary and set the standard toward which all such forums/threads must tend. Though I never posted much here, I was a frequent lurker and was always very impressed with your conduct. Congratulations!! Oh, BTW Geoff, When do you know you're becoming an OLD MAN?????? Every time you turn on a faucet you ___ your pants just a little bit. Just wait..... Best Wishes, Pippo
Vincit qui se vincit.
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