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The gg53 "Killing Zone"

  • #1,681
  • Apr 23, 2013 4:20am Apr 23, 2013 4:20am
Quoting smeden
What settings do you guys use? Stop and take profit and tralling stop.
See here (http://www.forexfactory.com/showthread.php?p=6620119#post6620119)
  • #1,682
  • Apr 23, 2013 4:21am Apr 23, 2013 4:21am
Quoting panamamike
Have to decide which two yen pairs to trade it on each night. I get a little overexposed on yen moves.
You firing on all cylinders!!
  • #1,683
  • Apr 23, 2013 4:36am Apr 23, 2013 4:36am
Thanks imaxi. I will wait for the next update.
  • #1,684
  • Apr 23, 2013 4:37am Apr 23, 2013 4:37am
Nzdusd and nzdjpy stopped out for loss. Usdjpy still open.
  • #1,685
  • Apr 23, 2013 4:47am Apr 23, 2013 4:47am
Quoting panamamike
Nzdusd and nzdjpy stopped out for loss. Usdjpy still open.
Can you post screenshots?
  • #1,686
  • Apr 23, 2013 4:10pm Apr 23, 2013 4:10pm
Update.. Asian_OBV_EA_v1_4

I have added SL and TP method as mentioned on this forum. Please refer here (http://www.forexfactory.com/showthread.php?p=6620119#post6620119)

Things to note on the settings.

StopLossInPips - This will add to the current SL (Buy/Sell)
TakeProfitRatio - Default is set to 2 which is 1:2

I still need to add the PSAR technique as an option. Will get round doing it.. and again, please use this at your own risk.

Please make sure that everything is working.

I have run some tests of my own. The best pair is EUR/USD win rate of 75%, profit factor is 0.80.. So MM still needs work.
Attached File(s)
File Type: mq4 Asian_OBV_EA_v1_4.mq4   12 KB | 750 downloads
  • #1,687
  • Apr 23, 2013 4:51pm Apr 23, 2013 4:51pm
imaxi, thanks, I was waiting for some mm like this, great work !!
post 1 updated.
Humble & Kalcker CLO2 = Covid killer
  • #1,688
  • Apr 23, 2013 5:47pm Apr 23, 2013 5:47pm
Quoting gg53
Can we save some space on the chart? Can we save colors (especially those annoying Red & Blue)? Just a simple where to buy and when to exit? Ok, Ok, according to trend direction (on UP trend - Buy and Exit signals, on DOWN trend Sell and Exit signals). Is it too much to ask? Here you go... G.
Hi G

About to start trying out imaxi's EA on demo. Looks like it really has legs so all thanks to imaxi for your time and effort. Awesome!

G, any further developments on the above? Been waiting with intrepid anticipation
  • #1,689
  • Apr 23, 2013 9:59pm Apr 23, 2013 9:59pm
Quoting imaxi
Update.. Asian_OBV_EA_v1_4
Thanks =)
  • #1,690
  • Apr 24, 2013 1:46am Apr 24, 2013 1:46am
Quoting imaxi
Update.. Asian_OBV_EA_v1_4 I have added SL and TP method as mentioned on this forum. Please refer here http://www.forexfactory.com/showthread.php?p=6620119#post6620119 Things to note on the settings. StopLossInPips - This will add to the current SL (Buy/Sell) TakeProfitRatio - Default is set to 2 which is 1:2 I still need to add the PSAR technique as an option. Will get round doing it.. and again, please use this at your own risk. Please make sure that everything is working. I have run some tests of my own. The best pair is EUR/USD...

If you win 75% with a 1:2 win rate thats huge...
  • #1,691
  • Apr 24, 2013 2:14am Apr 24, 2013 2:14am
Quoting smeden
{quote} If you win 75% with a 1:2 win rate thats huge...
Sure.. But with a profit factor of 0.80 you will lose.. It just means that it will get you in 75% at the right time. Profit factor is based on every Dollar you lose, you only making back 80 cents.

Anybody care to elaborate?
  • #1,692
  • Apr 24, 2013 2:15am Apr 24, 2013 2:15am
Quoting jusiur
imaxi, thanks, I was waiting for some mm like this, great work !! post 1 updated.
On Any given Sunday!
  • #1,693
  • Apr 24, 2013 2:22am Apr 24, 2013 2:22am
I just started two new demo accounts. On one I am trading the EA on 1 hour charts. On the other I am trading 15 min charts. I think the OOTB trailing stop may be too tight to effectively trade the 1 hr. I will watch and see what happens. I a trading them in EU, GU, UJ, UCHF, EJ, AU, NU, NJ.

I think that the trailing stop needs to start later or be widened out. We shall see.
  • #1,694
  • Apr 24, 2013 2:28am Apr 24, 2013 2:28am
Quoting panamamike
I just started two new demo accounts. On one I am trading the EA on 1 hour charts. On the other I am trading 15 min charts. I think the OOTB trailing stop may be too tight to effectively trade the 1 hr. I will watch and see what happens. I a trading them in EU, GU, UJ, UCHF, EJ, AU, NU, NJ. I think that the trailing stop needs to start later or be widened out. We shall see.
I'm Live on eur/usd, usd/jpy, eur/gbp..
  • #1,695
  • Apr 24, 2013 2:31am Apr 24, 2013 2:31am
Take a look at the TP and SL. I think the 2x factor is not correct. Possibly calculating from the trailing stop amount. If SL is 10, the TP should be 20, no?
Attached Image (click to enlarge)
Click to Enlarge Name: tp.png Size: 96 KB
  • #1,696
  • Apr 24, 2013 2:36am Apr 24, 2013 2:36am
Wow I think my broker is playing tricks with my orders.. eur/usd and eur/gbp should have triggers for a sell... But nothing is showing in the order window? I can see the comment I added to the EA that it ran the takeprofit script... So it did send it?? This is the third time I see this happening...

Can a broker mess with the orders and send nothing back to MT4 saying there was no problem on our side?? This is wired.
  • #1,697
  • Apr 24, 2013 2:38am Apr 24, 2013 2:38am
Could be a case of the price moving from trigger to receive by the trade server. I think our slippage may be set too small.

My eur used 15 min triggered and then stopped out at a small profit.

I may also investigate changing the percent increase figure to a little larger than .5%
  • #1,698
  • Apr 24, 2013 2:39am Apr 24, 2013 2:39am
Quoting panamamike
Could be a case of the price moving from trigger to receive by the trade server. I think our slippage may be set too small.
Buy surly an error message should come back from the trade server?
  • #1,699
  • Apr 24, 2013 2:46am Apr 24, 2013 2:46am
Yes. Not sure what the reason is.

Just to note. GBPUSD barely broke OBV high and triggered a BUY. However, the volume indicators did not support the breakout. It immediately turned into a loser. I find that is the case with many of the losing trades with the EA. When there is a lack of confirmation by The two volume indicators, the trade usually busts out. the normalized volume being the correct color AND larger than average is very important for successful breakout.
  • #1,700
  • Apr 24, 2013 3:03am Apr 24, 2013 3:03am
Quoting panamamike
Yes. Not sure what the reason is. Just to note. GBPUSD barely broke OBV high and triggered a BUY. However, the volume indicators did not support the breakout. It immediately turned into a loser. I find that is the case with many of the losing trades with the EA. When there is a lack of confirmation by The two volume indicators, the trade usually busts out. the normalized volume being the correct color AND larger than average is very important for successful breakout.
The EA only adheres to the volume indie.. It could have touch the breaking point and triggered the order. But turned around looking like it didn't. I have seen this happen when running back tests.
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