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London close trading system for currencies

  • #221
  • Jul 14, 2016 1:56pm Jul 14, 2016 1:56pm
Quoting diamonddbw
{quote} ++++++++++++++++++++++++++++++++ The right hand side of the chart does display extra digit. I simply rounded it off, in my post, for expediency.
this I understand. Now have a look to your EA: MinDistancePoints are 10 or 100?
  • #222
  • Jul 14, 2016 2:17pm Jul 14, 2016 2:17pm
Quoting Isabella_D
{quote} this I understand. Now have a look to your EA: MinDistancePoints are 10 or 100?
+++++++++++++++++++++++++++++++

Aha! A question I did not ask.

The presets (v1.1) are 100.0 for 'MinDistPoints'. I actually read that as 100 full pips, due to second '0' being followed with '.0' Apparently that's a programming thing, that wants to add the point zero to full numbers. Dunno...
  • #223
  • Jul 14, 2016 2:27pm Jul 14, 2016 2:27pm
Quoting diamonddbw
{quote} +++++++++++++++++++++++++++++++ Aha! A question I did not ask. The presets (v1.1) are 100.0 for 'MinDistPoints'. I actually read that as 100 full pips, due to second '0' being followed with '.0' Apparently that's a programming thing, that wants to add the point zero to full numbers. Dunno...
If Redlaw has time for this matter he will answer. Have a nice evening
  • #224
  • Jul 14, 2016 2:48pm Jul 14, 2016 2:48pm
Quoting Isabella_D
{quote} If Redlaw has time for this matter he will answer. Have a nice evening
It is 10 pips not 100 pips
  • #225
  • Jul 14, 2016 2:49pm Jul 14, 2016 2:49pm
@ Dkmillioin, diamonddbw, dreambig, Isabella D, You're welcome!
Everybody, there is an updated version 1.2 in post 200 http://www.forexfactory.com/showthre...21#post9029821
  • #226
  • Jul 14, 2016 2:51pm Jul 14, 2016 2:51pm
Quoting Retlaw
@ Dkmillioin, diamonddbw, dreambig, Isabella D, You're welcome! Everybody, there is an updated version 1.2 in post 200 http://www.forexfactory.com/showthre...21#post9029821
Thanks Retlaw!
  • #227
  • Jul 14, 2016 2:52pm Jul 14, 2016 2:52pm
Quoting Isabella_D
@Retlaw thanks so much for your quickly work I have used V1.1 Only limit orders today Could you please add comment in EA? I try out more than one EA in one account. Monitoring is more easy. Thank once more {image}
Will add comment in next version.
  • #228
  • Jul 14, 2016 2:56pm Jul 14, 2016 2:56pm
Quoting ghostbiker
yes is clear, you can make with 1, 2, 3 or 4 Pips to the 76.4 / 23.6 Line is your choyce I self want more Pips per Order @Retlaw: please control the minimum distance for marketorders between pricing and 76.4 / 23.6 must have 10 Pips if not the 10 Pips no marketOrder not one order with the Retlaw EA today, but it is normal
Min distance was in the very first EA already. It is the red dotted line. It is "MinDistPoints" in the settings.
This is in points, NOT pips!
  • #229
  • Jul 14, 2016 3:00pm Jul 14, 2016 3:00pm
Quoting Dkmillion
This is what I got with Retlaw's EA, maybe I did something wrong! I closed gbpnzd manually {image}
Nothing wrong on GBPJPY. It entered when price was above the red dotted line.
  • #230
  • Jul 14, 2016 3:02pm Jul 14, 2016 3:02pm
Quoting Isabella_D
{quote} this I understand. Now have a look to your EA: MinDistancePoints are 10 or 100?
Like it says it is in points! (MinDistPoints). So default as per the rules it is 10 pips or 100 points.
  • #231
  • Jul 14, 2016 3:13pm Jul 14, 2016 3:13pm
@ ghostbiker
I hope that I was not too bold to post an EA in your tread without asking you first.
I hope that it was ok?
  • #232
  • Jul 14, 2016 4:29pm Jul 14, 2016 4:29pm
my ea triggered 2 limit orders aud/usd, and gbp/chf, both stopping out minus 5 pips on both trades.
this was using the first ea.
  • #233
  • Jul 14, 2016 4:50pm Jul 14, 2016 4:50pm
@Retlaw: it is OK for me, I will test your EA too (I've 2 London close EA that work)
but I trade London close manually too for learning if the EA's must work better and better

I will give you tipps for your EA the next days

here my closed orders from today:
I have made a second limitorder by USDCAD and EURCAD like the ExpertAdvisor

Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_LOC_14.07.JPG Size: 59 KB


not bad for a short time + 50 Pips now
  • #234
  • Jul 14, 2016 5:18pm Jul 14, 2016 5:18pm
[quote=ghostbiker;9029902]- No GJ limitorder, the pricing is not in the Rules - pricing between 76.4 - 61.8- please sent not false informations ! the EA can't make a Limitorder !! here is the GBPJPY Chart {image} - today only 2 MarketOrders: EURCAD and USDCAD @Jakepuia: yes this is right today lower orders[/quote


Hi ghostbiker, can you show me your exact entry time on both of those pairs? because at both charts the price has gone lower place ( after 19:00 O'clock )and making new zero line, and after that , the price has returned to new 23.6 line. thanks in advance
  • #235
  • Edited 5:34pm Jul 14, 2016 5:22pm | Edited 5:34pm
sorry , I got my answers
but I've got another question to underestand correct entries. as i saw , after your first entries you found that price is going down and making new zero levels. how did you find that the price will go up to enter for second time?
Thanks in advance and green pips to you
  • #236
  • Jul 14, 2016 5:31pm Jul 14, 2016 5:31pm
In my opinion, to have a better and strong chance to win, there should be at least one reverse candle before we pull the trigger. Last night when I pull the trigger in EURCAD there is no rejection yet so, i lost the trade. What do you think guys?
Jakepuia
  • #237
  • Jul 14, 2016 7:09pm Jul 14, 2016 7:09pm
It looks like we can trust doji candle even if we don't have a pull back candle to confirm the right set up.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_6.png Size: 32 KB
Jakepuia
  • #238
  • Jul 14, 2016 8:46pm Jul 14, 2016 8:46pm
Quoting ghostbiker
@Retlaw: it is OK for me, I will test your EA too (I've 2 London close EA that work) but I trade London close manually too for learning if the EA's must work better and better I will give you tipps for your EA the next days here my closed orders from today: I have made a second limitorder by USDCAD and EURCAD like the ExpertAdvisor {image} not bad for a short time + 50 Pips now
Please confirm if the screen shot is correct.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 46 KB


In white color font I have marked TP for Buy and TP for Sell are these correct?

Previous chart deleted since the thread Op draws Fibs opposite to how I would draw them but levels will remain the same in either case just the Fib ratio numbers would be reversed.

ps. if correct chart then perhaps it is useful for other traders too!
pps. Why limit the TP pips?

Masterrmind............
Master your Mind then Master your Trades
  • #239
  • Jul 14, 2016 9:13pm Jul 14, 2016 9:13pm
In this one.
Attached Image
  • #240
  • Jul 14, 2016 9:39pm Jul 14, 2016 9:39pm
Quoting ghostbiker
@Retlaw: it is OK for me, I will test your EA too (I've 2 London close EA that work) but I trade London close manually too for learning if the EA's must work better and better I will give you tipps for your EA the next days here my closed orders from today: I have made a second limitorder by USDCAD and EURCAD like the ExpertAdvisor {image} not bad for a short time + 50 Pips now
++++++++++++++++++++++++++++++++

Right. 50 pips not bad for a short time. I lost 70 on the one pair.
GB are you willing to talk about your ECad & UCad trades from NY today?

I only took ECad, as per rules in post #1. Both positions hit stop. OK, I traded the plan. You managed to turn ECad & UCad into winners. Would you mind expanding on how?
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