London close trading system for currencies | Page 58 | Forex Factory

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London close trading system for currencies

  • #1,141
  • Jul 28, 2016 12:23pm Jul 28, 2016 12:23pm
Folks:
For those of u using the newer EA, seem that you are not experiencing any more problems with expiration on limit order right??

Well I found out what is happening and why some limit orders on v1.6 do not get deleted. When my trades come on I checked each linit order and all where to expire at the correct time. But now, 1hr 15min later, two limit orders are still open with DIFFERENT expiry. I observed that the EA MOVED the entry line by one hour. So somehow the EA is using that entry line on the chart to add 1hr 15min and that is what the expiry time got changed.

RetLaw if you are still monitoring please take a look at the code to ensure that this is not also happening on the new version. Why would the entry line on the chart need to be moved?

Here;s a chart with some details. Hope this helps.
Jess
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Our AWESOME IMAGINATION is the true holy grail!
  • #1,142
  • Jul 28, 2016 12:31pm Jul 28, 2016 12:31pm
@xmess7: I trade with the update 1.6 and all is well, the pendings close all after 75 minutes
  • #1,143
  • Jul 28, 2016 1:41pm Jul 28, 2016 1:41pm
just use the newer EA

Quoting xmess7
Folks: For those of u using the newer EA, seem that you are not experiencing any more problems with expiration on limit order right?? Well I found out what is happening and why some limit orders on v1.6 do not get deleted. When my trades come on I checked each linit order and all where to expire at the correct time. But now, 1hr 15min later, two limit orders are still open with DIFFERENT expiry. I observed that the EA MOVED the entry line by one hour. So somehow the EA is using that entry line on the chart to add 1hr 15min and that is what the expiry...
  • #1,144
  • Jul 28, 2016 2:47pm Jul 28, 2016 2:47pm
Quoting blamshakk
just use the newer EA {quote}

blamshakk:
I agree and I will. But at least now if the problem pops up again, we have something that RetLaw can look into.
I know cause I am a programmer and when folks give me exact details, well the code gets fixed alot faster

Jess

PS: Besides if I can trade with the older EA and make profit... that just makes the newer EA much more secure.
So far this week I am in profit, despite the big loss yesterday the account is still in profit for this week. It is just a question
of letting price do it's thing and either hit TP or get out when overall it is in profit.
Our AWESOME IMAGINATION is the true holy grail!
  • #1,145
  • Jul 28, 2016 2:50pm Jul 28, 2016 2:50pm
Quoting xmess7
{quote} since80808: Hi. Could u please click on the nzdusd trade on the history tab and drag it to the chart. That will show exactly where the trade took place on the chart. Thanks Jess
Good evening!
Yes, please. I forgot to do it:
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Just an opinion. Based on research
  • #1,146
  • Jul 28, 2016 3:00pm Jul 28, 2016 3:00pm
Quoting since80808
{quote} Good evening! Yes, please. I forgot to do it: {image}

since80808:
Hi, I am wondering if the indicator is incorrect on the chart. Make sure to have the GMToffset input set to 00:00, or just leave it alone.
According to the EA your broker is 3 hours ahead of GMT so your trades should start at 1600+3 = 1900 on you broker. Your trades show that the EA started trading at 22:00.
Make sure that your inputs do not have any changes when it comes to time on the indicator. If you can please post your inputs so I can see what you are using.

In my view your trading should start at 1900 on your broker charts and that is not the case. They are starting at 22:00 on your broker.

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #1,147
  • Jul 28, 2016 3:36pm Jul 28, 2016 3:36pm
All TP's Hit, all limits expired.
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  • #1,148
  • Jul 28, 2016 5:14pm Jul 28, 2016 5:14pm
I also got two big losses yesterday (in one instance on GBPAUD got a short stopped out right on the high of the move) , today all wins like doomtrader. i will look over the trades in due course and see if theres a case for making the stop loss smaller.

Quoting xmess7
{quote} blamshakk: I agree and I will. But at least now if the problem pops up again, we have something that RetLaw can look into. I know cause I am a programmer and when folks give me exact details, well the code gets fixed alot faster Jess PS: Besides if I can trade with the older EA and make profit... that just makes the newer EA much more secure. So far this week I am in profit, despite the big loss yesterday the account is still in profit for this week. It is just a question of letting price do it's thing and either hit TP or get out when...
  • #1,149
  • Jul 28, 2016 5:58pm Jul 28, 2016 5:58pm
My trades also hit TP. Except I got an extra trade open on EURCHF. This is due to the bug that 1.6 has. The start time is not supposed to be at 20:00 for my broker it is supposed to be at 19:00. But this version moves the start time by one hour and since EURCHF was in the zone,, it took the trade.

I closed the trade and I am still in profit for the week.

Ok, I am now switching over to v1.8 LOL

Jess
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Our AWESOME IMAGINATION is the true holy grail!
  • #1,150
  • Jul 28, 2016 9:49pm Jul 28, 2016 9:49pm
whew, finally finished reading all 58 pages..
since i'm planning to make use of this system, i thank ghostbiker, retlaw, swingman and everyone who contributed to this system/thread, either positively or negatively..

i'm only going to take what i need from this system, the entry levels.. i, most of the time, find myself in a different bias or sentiment to open a trade at any given time, but this system gives me a disciplined entry levels/zones.. once the EA make the orders, i'm going to monitor and close them manually, based on pa and such..

i once again thank GB, walter, swingman and everyone.. thanks guys..
Green pips to all..
Dont trade like me..
  • #1,151
  • Jul 29, 2016 12:32am Jul 29, 2016 12:32am
Yesterday all TP hit directly. I think this system is best if we can use at least 3:1 RR ratio on EA, because current RR average is 4:1 to 10:1 it can wipe the profits of 10-20 trades at once if hit one SL, Can you add some settings on EA to control RR ratio please. Thank You
Failure is not failure if you learn from it...
  • #1,152
  • Jul 29, 2016 9:12am Jul 29, 2016 9:12am
I´ve backtested the Ea on several pairs with settings from Ghostbiker with very bad results. Good luck @ all
  • #1,153
  • Jul 29, 2016 9:16am Jul 29, 2016 9:16am
Quoting DowJames
Ive backtested the Ea on several pairs with settings from Ghostbiker with very bad results. Good luck @ all

DowJames:
Try backtesting them concurrently and then from this little baskets determine the overall profit and then plot that value. You will see a different equity curve.

J
Our AWESOME IMAGINATION is the true holy grail!
  • #1,154
  • Jul 29, 2016 9:19am Jul 29, 2016 9:19am
Quoting xmess7
{quote} DowJames: Try backtesting them concurrently and then from this little baskets determine the overall profit and then plot that value. You will see a different equity curve. J

That would be an absolute different strategy!
  • #1,155
  • Edited 9:43am Jul 29, 2016 9:23am | Edited 9:43am
can you earn money and fill your account with backtests ? You can only fill your PC with backtest not your account

Hey James, schoene Gruesse an die "Zurueckgebliebenen" im DE Forum und die "SalonbackTrader"
vom Backtesting laesst es sich gut leben Backtesting ist wie Radrennen rückwärts. Sind wie die
tollen Backtests vom Antonov und sonst schrottet er vorwärts die Accounts schneller als die Backtests
rückwärts laufen

The strategy is nice and easy, we are not alone
  • #1,156
  • Jul 29, 2016 9:59am Jul 29, 2016 9:59am
Of course not when the tests are all negative? But maybe it will work in furture!

Yes it´s easy and that´s the main reason why a backtest make sense!
  • #1,157
  • Jul 29, 2016 10:29am Jul 29, 2016 10:29am
​Question regarding the EA that hopefully someone can answer:

At what point does the EA stop re-drawing 100% on a move up or down. In the indicator i'm using (smLondonCloseFiboZones_v6), I'm able to set an end time so that now a retrace back down followed by another move up will go into a 123.6 extension. This is potentially a good place to place an order to bounce back off of it. However, if you're always re-drawing the 100%, you never know where that extension is. Hopefully its understood as to what i'm asking .. I know a little confusing. Posting a picture that hopefully explains better.
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  • #1,158
  • Jul 29, 2016 11:23am Jul 29, 2016 11:23am
@blade813: you can trade only the LimitOrders on + / - 23.6 it is not heavy

max 10 minutes trading
  • #1,159
  • Jul 29, 2016 12:23pm Jul 29, 2016 12:23pm
Will be interesting to see how this pans out
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  • #1,160
  • Edited 1:14pm Jul 29, 2016 12:39pm | Edited 1:14pm
@James: dein Backtesting kannst du dir sonst wohin stecken, einfach was in den Raum stellen ohne jeden Background?
Meinst du ich ziehe mir mein Dirndl mit der Beisszange an? Solche Typen wie du haetten bei mir im Betrieb in meiner Abteilung
keinen einzigen Tag ueberlebt. Wegen Unfaehigkeit und Dummheit nach Hause mit Pauken und Trompeten
Was willst du mit deinen "schitty" backtests, wo sind die denn? Hast nur mal was gehoert von backtests, kannst dir ja von
TraderDoc mal zeigen lassen wie das geht, wie man ein Dashboard mit 17 Paaren backtestet Das geht in etwa so
als wenn du auf die Zugspitze rueckwaerts mit dem Fahrrad rauf fahren willst. Wenn du das kannst, kannst auch so ein Dashboard
backtesten, kannst du das nicht, bist du nur ein kleiner groessenwahnsinniger Aufschneider. Gruesse mir den TraderDoc, den letzten
Vernuenftigen im DE und die restlichen "Zurueckgebliebenen"

here short in english: "DowJames" will have made a "backtest" from a Dashboard with 17 Pairs

now to the orders from today:

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