Looking at my MT4 CrystalBall/USD chart on H1 and as the president of USA, Congress member and as a senate majority leader -
I can clearly see a quick-run to a waiting period... all to be extended till February 7, 2014....
G.
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QuoteDislikedStrategy 1. Asian breakout.
Indicators: Gadi_OBV_v2.2.ex4 and Gadi_TickVolume_v2.2.ex4
Gadi_OBV_v2.2.ex4 is a modified version of the standard MT4 indicator On Balance Volume (OBV).
Something you have to know from the beginning is that we trade volume NOT price.
Gadi_OBV_v2.2.ex4 creates a channel during Asian session (that's the “killing zone”). You setup the hours of the Asian session according to your broker's time. So if your broker is on EST time then you setup Gadi_OBV_v2.2.ex4 from 17:00 to 2:00 (London open)....Gadi_OBV_v2.2.ex4 will find the high
and low of the OBV during that time and create a channel.
Entry:
Timeframe 15min.
Break out of the OBV channel that was created during the Asian session AND the Gadi_TickVolume
(i.e. above or below the "0" line) should be in the same direction as Gadi_OBV channel breakout.
Trade management:
Trading hours - London Open till London close+2.
Don't trade on Friday.
Don't trade 30 minutes before major news. If you have open trades - close them.
For BUY:
SL = Previous CLOSE (if too close then previous LOW).
TP = SL*2
When 7-8 pips profit - move SL to BE+1, remove TP, and
Apply Trailing-Stop ~5 pips.
Important !!
If not in profit within 4 bars - close the trade (no matter what).
DON'T enter a trade if the entry bar is larger than x2-x2.5 times than its average previous ones!!
extern string _="-----EA Configuration -----"; extern string LondonOpen = "London 8:00 GMT to 17:00 GMT"; Information extern string AsianSession = "Tokyo 0:00 GMT to 9:00 GMT"; Information extern string Start_Trading = "10:00"; //At what time shall the EA Open trades. Any time < than the End_Channel time won't work. extern string End_Trading = "19:00"; extern string Start_Channel = "2:00"; Setting for the OBV Indicator extern string End_Channel = "10:00"; extern double percenIncrease = 0.5; extern bool FridayFilter=true; /If true no trades on friday extern double AtrMult = 2.5; // See Traderules no big candles extern string __="-----Order Managment -----"; extern double lot = 0.1; extern double SL_Threshold = 50; // If previous close is to close use 5 pips extern double Move_SL_To_BE = 70; // after 7 pips in profit move SL to BE and remove TP extern double Trailing = 50; // After tp removed start trailing with a 5 pip distance extern int magic = 1; // used to indentifiy which positions shall be watched by the EA. (you can run it on the same currency pairs with 2 different magic numbers and the Eas won't interfere in any way) extern bool comment = true;
DislikedPlease first read the my whole post. I won't answer to questions already answered here. I was asked to write an EA based on GG's strategy. The code of the EA is far from finished and it's more a mess than being well structured. I don't want anyone to see this so for now I will just supply you with the EA file. {quote} Gadi Tick Volume subwindow error: Sadly the code of the tick volume indicator wasn't public so I can not make changes to it. The indicator want's to draw Objects in the indicator subwindow but at least in visual backtesting mode it...Ignored
DislikedPlease first read the my whole post. I won't answer to questions already answered here. I was asked to write an EA based on GG's strategy. The code of the EA is far from finished and it's more a mess than being well structured. I don't want anyone to see this so for now I will just supply you with the EA file. {quote} Gadi Tick Volume subwindow error: Sadly the code of the tick volume indicator wasn't public so I can not make changes to it. The indicator want's to draw Objects in the indicator subwindow but at least in visual backtesting mode it...Ignored
DislikedHave you given thoughts to adding Gadi_normalized volume and especially Gadi_Currencies to your EA? Form my experience with this system, they are Important factors. I only take trades if on Gadi_Currencies the long current is above 0 and he short currency of the pair is below 0. {quote}Ignored
DislikedKillian19, Another thing to consider is adding risk based trading. Given that the size of the SL varies with the size of the preceding candle, being able to risk a % of account available margin rather than a fixed set of pips would be a great benefit.Ignored
DislikedPlease first read the my whole post. I won't answer to questions already answered here. I was asked to write an EA based on GG's strategy. The code of the EA is far from finished and it's more a mess than being well structured. I don't want anyone to see this so for now I will just supply you with the EA file. {quote} Gadi Tick Volume subwindow error: Sadly the code of the tick volume indicator wasn't public so I can not make changes to it. The indicator want's to draw Objects in the indicator subwindow but at least in visual backtesting mode it...Ignored
Disliked{quote} Kilian19, Just noticed your "Trading times". The "Asian-session breakout" strategy should start immediatly on breakout - no waiting for London open. Sorry if I misunderstood your meaning in this EA. G.Ignored
Disliked{quote} If you set the trading start time and the channel end time to be exact the same you actually achieve that effect. I just had the pfd which said I trade from x to y so I thought I better implement an option to set the time yourself. And apparently it seems like we only trade the first brakeout of the day (at the moment it is trading every brakeout) I have to change that.Ignored
Disliked{quote} panamamike, My SL in "channel breakout" cases are the last swing of the VOLUME in Gadi_OBV. The logic behind it is that it is the last place the Elephants are willing to drink or pee... It's very short SL but preventing big loses in cases of spikes or sudden reversal. G.Ignored
Disliked{quote} What tool do you use to trigger the SL based on the volume swing high or low? Or do you do this all manually?Ignored
DislikedI will do some testing with 99% tick data but it will take some time. {image} {image} {image} {image} {image} {image}Ignored
Disliked{quote} What tool do you use to trigger the SL based on the volume swing high or low? Or do you do this all manually?Ignored
Disliked{quote} What tool do you use to trigger the SL based on the volume swing high or low? Or do you do this all manually?Ignored
Disliked{quote} What tool do you use to trigger the SL based on the volume swing high or low? Or do you do this all manually?Ignored
Disliked{quote} panamamike, I use this SL method on every Gadi_OBV channel breakout strategy, not just the Asian-session channel breakout. G.Ignored