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London close trading system for currencies

  • #501
  • Jul 18, 2016 6:40pm Jul 18, 2016 6:40pm
Quoting GPips
{quote} Here ya go CurseOne, Attached is an Equity manager EA. You will need to run it on a separate chart. I use to use it trading basket trades. It will close all positions once new % of profit is gained or loss on your acct. depending on what % you set. You set the first setting to 102 for 2% gain... if you want 3 you set it to 103.. etc etc For % loss or total pip loss... set Stop Equity it goes by account balance... you subtract from 100 so if you want all positions closed at a 5 % loss you set it at 95 if you want all positions closed at a...
Thanks! Question how about in value amount let say closed all on certain amount of profits? i.e closed all position when the current floating profits reached the $10 usd

Bestregards
  • #502
  • Jul 18, 2016 7:35pm Jul 18, 2016 7:35pm
Quoting CurseOne
{quote} Thanks! Question how about in value amount let say closed all on certain amount of profits? i.e closed all position when the current floating profits reached the $10 usd Bestregards
CurseOne, this Equity Manager EA is based on % of acct. gain. So you just need to do a little maths...

i.e. If you have let's say a $100 acct & you want it to close at $10.00 profit you would simply set it for 110% this will close all trades at $10.00 total profits.

G
Find The Pain Points On Your Chart & Trade Off Those Levels
  • #503
  • Jul 18, 2016 8:11pm Jul 18, 2016 8:11pm
Quoting GPips
{quote} CurseOne, this Equity Manager EA is based on % of acct. gain. So you just need to do a little maths... i.e. If you have let's say a $100 acct & you want it to close at $10.00 profit you would simply set it for 110% this will close all trades at $10.00 total profits. G
I understand, What i'm trying to say is ... Do you have or there is chance to make it automatically? i mean no nid to set the percentage in each trading session because my ea is high frequent trading... also a grid strategy systen
  • #504
  • Jul 18, 2016 9:05pm Jul 18, 2016 9:05pm
i will try but not now.. once i complete the study sure i will try...

but before that many thanks.. based on this i did this trade...
Quoting SwingMan
{quote} Why? You not program and could also not correcting a bug. To know what the indicator do is the other version also enough.
Attached Image (click to enlarge)
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Success is a Journey Not a Destination....... kind regards ramzam
  • #505
  • Jul 18, 2016 9:12pm Jul 18, 2016 9:12pm
hi i don't know but when red area is shown so i shorted. but really this timing is confusing me a lot.


Quoting maximumguita
{quote} h, didnt read the whole thread but shouldnt it be short at 100er fib or price above 76er at 16.00 with minimum distance 10 pip and TP at 76er fib and start fib 22.00??? Your fibo didnt start at 22.oo you took the low to the high at 16.oo??
Success is a Journey Not a Destination....... kind regards ramzam
  • #506
  • Jul 18, 2016 11:07pm Jul 18, 2016 11:07pm
Quoting ghostbiker
London close 23.6 today: trading with the 2 MarketOrders and the 2 LimitOrders not so bad - LimitOrder EU delete - total + 70 $ NEXT Project: Renko boxes trading -this is under developement- please on this time not questions, come a own thread {image}
What is your brokers time?
One limit order still open? (0.10 Lot)
  • #507
  • Jul 18, 2016 11:50pm Jul 18, 2016 11:50pm
all Orders "London close 23.6" closed from 18.07 + 44 Pips / Broker GMT + 3

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  • #508
  • Jul 19, 2016 12:15am Jul 19, 2016 12:15am
why it is coming like this ?
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Success is a Journey Not a Destination....... kind regards ramzam
  • #509
  • Jul 19, 2016 12:22am Jul 19, 2016 12:22am
Hi Ghostbiker,

Thanks again for this strategy, the simplicity and accuracy are amazing. Yesterday wasn't a great day, but I still had a 40 pip gain on my demo account. Made a mistake with the CHFJPY and USDJPY, I was too late, got gready and ended up losing. Good learning experience though.

Question: what do you recommend for lot sizes? That's a question to traders in general, how big should my account be for 0.10 lots for example? Or the other way around, I plan to start with a EUR 1000 live account, what lot sizes would be best for this system from a risk point of view?

Best regards,

Dominick
  • #510
  • Edited 2:29pm Jul 19, 2016 12:33am | Edited 2:29pm
Quoting CurseOne
{quote} I understand, What i'm trying to say is ... Do you have or there is chance to make it automatically? i mean no nid to set the percentage in each trading session because my ea is high frequent trading... also a grid strategy systen
Here CurseOne attached .... you now have an input for dollar amount ... test it ... caution, grid trading can be hazardous to your acct. http://prnt.sc/bunjfs
Attached File(s)
File Type: mq4 EURFXmomentum_PRO_v7mod.mq4   48 KB | 386 downloads
Find The Pain Points On Your Chart & Trade Off Those Levels
  • #511
  • Jul 19, 2016 12:50am Jul 19, 2016 12:50am
Quoting ghostbiker
all Orders "London close 23.6" closed from 18.07 + 44 Pips / Broker GMT + 3 {image}
thx, another account, now it's clear.
Wish green @all for todays trading
  • #512
  • Jul 19, 2016 12:55am Jul 19, 2016 12:55am
Quoting ghostbiker
- Start London close time 16:00 GMT (german time 18:00) -summertime- Links below on this Post 1 - Charts Candle M15 - Fibonacci end 16:00 GMT 0 lowest 100 highest - Fibonacci time begin 22:00 GMT - end 16:00 GMT = 72 x M15 Candle Rule 1: MarketOrders buy if the pricing is between 0 and 23.6 Fibo and the distance to 23.6 is minimum 10 Pips or more Rule 2: Marketorders sell if the pricing is between 100 and 76.4 Fibo and the distance to 76.4 is minimum 10 Pips or more Rule 3: Limitorders buy and sell on the 0 line buy or 100 line sell - but the Order...

- Here it is rule from GB, to make it simple:

CANDLE OPENING AND CLOSING
- let say you have candle 11 to start london opening
- then candle 18:45 (@TF M15) for london closing

OPEN ORDER
- start open order (buy/sell as fibo conditions) at 23.6 fibo lines, (set SL at 0.0 and TP at 38.2), (before / after breakthrough) {max breakthrough 5 pips} up to 5 pips leave that pair

- start open order (buy/sell as fibo conditions) at 76.4 fibo lines, (set SL at 100 and TP at 61.8), (before / after breakthrough) {max breakthrough 5 pips} up to 5 pips leave that pair

LIMIT ORDER (PENDING ORDER)
- make limit order (buy/sell as fibo conditions) at 0 fibo lines, (set SL at -23.6 and TP at 23.6), (IF DOESN'T TOUCH BY THE PRICE, CLOSE MANUALY AFTER 75 MINUTES) if touched, let it profit (Close or your choice)
- make limit order (buy/sell as fibo conditions) at 100 fibo lines, (set SL at 123 and TP at 76.4), (IF DOESN'T TOUCH BY THE PRICE, CLOSE MANUALY AFTER 75 MINUTES) if touched, let it profit (Close or your choice)

This image will represent the fibo conditions for BUY / SELL
USDCAD
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EURUSD
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JUST DON'T ADD SOME INDICATOR'S/ANY TECHNIQUE
and correct me if i'm wrong
  • #513
  • Edited 2:11am Jul 19, 2016 1:35am | Edited 2:11am
@ramzam: what is your intention what is it??????????????

This ist the new day and the Fibo is very small Crude OIL don't move !!!!!!!!!!!!!!!!!!!!!!!!!!

will you trade London close and Crude Oil after midnight ?? I mean this System is not for you and to heavy

@dominick1982: my intention is start with 0.01 Lot per 1000 currencie or start with a Cent account

@Isabella D: nice work from the EA AND you
  • #514
  • Jul 19, 2016 2:02am Jul 19, 2016 2:02am
finally results from yesterday 18.07. Brokertime GMT+3

rules: opening automatically via EA V1.3 or V1.4 = 16:00 GMT+15' (pending orders of course later)
Lot, tp like EA; 4 positions closed manuell (not green, but one winner)
not in the rules: time to finish (for longer: 1000 minutes)

+114,00 EUR
Thanks ghostbiker and two Programmers Retlaw and SwingMan
Attached Image (click to enlarge)
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  • #515
  • Jul 19, 2016 2:25am Jul 19, 2016 2:25am
Quoting Isabella_D
finally results from yesterday 18.07. Brokertime GMT+3 rules: opening automatically via EA V1.3 or V1.4 = 16:00 GMT+15' (pending orders of course later) Lot, tp like EA; 4 positions closed manuell (not green, but one winner) not in the rules: time to finish (for longer: 1000 minutes) +114,00 EUR Thanks ghostbiker and two Programmers Retlaw and SwingMan {image}

Where's the latest EA ??
  • #516
  • Jul 19, 2016 2:41am Jul 19, 2016 2:41am
Quoting Freezer
{quote} Where's the latest EA ??
as usual #1
  • #517
  • Jul 19, 2016 2:50am Jul 19, 2016 2:50am
Quoting Isabella_D
finally results from yesterday 18.07. Brokertime GMT+3 rules: opening automatically via EA V1.3 or V1.4 = 16:00 GMT+15' (pending orders of course later) Lot, tp like EA; 4 positions closed manuell (not green, but one winner) not in the rules: time to finish (for longer: 1000 minutes) +114,00 EUR Thanks ghostbiker and two Programmers Retlaw and SwingMan {image}
So, Isabella I suppose that you changed StartTradingTime to : 16:15 Right ?

But surprisingly, open time for automated positions are in the Broker time range 19:00 to 19:13

Any idea ?
Broker time not correct ?
  • #518
  • Jul 19, 2016 2:57am Jul 19, 2016 2:57am
Quoting Isabella_D
{quote} as usual #1

Thanks Isabella.
1 question, is this EA work when i turn of the mt4 ??
  • #519
  • Jul 19, 2016 3:02am Jul 19, 2016 3:02am
Quoting brusch
{quote} So, Isabella I suppose that you changed StartTradingTime to : 16:15 Right ? But surprisingly, open time for automated positions are in the Broker time range 19:00 to 19:13 Any idea ? Broker time not correct ?
Have a look to newest EA
StartTradingTime 16:00 (GMT, from this time EA is looking for orders)
TradeTimeWindowMinutes 15 Minutes (EA looks from 16:00 to 16:15 GMT for chances, after this finish)

I did not changed the start time nor TradeTimeWindowMinutes.
And remember#514: My broker Time is GMT+3
  • #520
  • Jul 19, 2016 3:04am Jul 19, 2016 3:04am
@Isabella D: correct for the EA and the start time 16:00 GMT is correct for manually trading
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