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Simplicity is the Ultimate Sophistication

  • #221
  • Mar 29, 2017 1:36am Mar 29, 2017 1:36am
Tp hits. Done for today
  • #222
  • Mar 29, 2017 1:54am Mar 29, 2017 1:54am
Quoting grandaevus
Tp hits. Done for today
same here
  • #223
  • Mar 29, 2017 2:29am Mar 29, 2017 2:29am
thanks zentrader 3rd time this week
i was going to give it a try and doubled my small account
with bit more aggressive lot, my only concern if it work for long run
cause 1 loss take back 1.5 win days and if you lose twice a for 1 day
you finished brutality, thanks following your new search and improvments
  • #224
  • Mar 29, 2017 2:30am Mar 29, 2017 2:30am
seem nice method, i will try it, thank bro
i am a big fan of simple and da vinci too
  • #225
  • Edited 6:40am Mar 29, 2017 2:50am | Edited 6:40am
Is there anyone using ZenTraderEaV01? Are Buystop / Sellstop levels correct?
  • #226
  • Mar 29, 2017 3:37am Mar 29, 2017 3:37am
Quoting grandaevus
Is there anyone using ZenTraderEaV01? Are Buystop / Sellstop levels are correct?
Thanks grandaevus for the EA,
today i took the trade from the phone, and havent got the time to test the EA.
Anyone took the trade with the EA today?
  • #227
  • Mar 29, 2017 3:41am Mar 29, 2017 3:41am
Today green pips.
Easy pips today.
Btw its already 8 consecutive wins day from last monday.
its been a great week.


Attached Image (click to enlarge)
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  • #228
  • Mar 29, 2017 3:43am Mar 29, 2017 3:43am
Quoting beethoven
thanks zentrader 3rd time this week i was going to give it a try and doubled my small account with bit more aggressive lot, my only concern if it work for long run cause 1 loss take back 1.5 win days and if you lose twice a for 1 day you finished brutality, thanks following your new search and improvments

Right now im considering to not doing martiangle when we loses,
only open the same lot, 2 trade, one with a fixed 10 TP, and the others is BE at 10, so you can let it run(normally i took 20-30 on this trade).
  • #229
  • Mar 29, 2017 3:44am Mar 29, 2017 3:44am
Quoting thangnd.1211
seem nice method, i will try it, thank bro i am a big fan of simple and da vinci too
Hope we can trade effortlessly simple and profitable.
  • #230
  • Mar 29, 2017 5:56am Mar 29, 2017 5:56am
Quoting grandaevus
Is there anyone using ZenTraderEaV01? Are Buystop / Sellstop levels are correct?
Thanks for the EA, I gave it a shot: it doesn't seem to look at the H/L of the bar but at the o/c?
It would also be nice if it would set SL and TP right away at the pending (you never know...)
  • #231
  • Mar 29, 2017 6:34am Mar 29, 2017 6:34am
Quoting Go5
{quote} Thanks for the EA, I gave it a shot: it doesn't seem to look at the H/L of the bar but at the o/c? It would also be nice if it would set SL and TP right away at the pending (you never know...)
TradingServerTime should be set to 1 hour before London open which is 6:00 gmt+00. Every broker have a different server time so it should be set accordingly.

Ea calculates the next nearest 1.xx000 point automatically so there shouldn't be a problem.

For setting Sl & TP at pending orders, while coding the ea, I've decided to put Sl & TP after a pending order turns into a market order. Negative/positive slippage is common in pending orders so it's better to set Tp & Sl in accordance with actual order open price.
  • #232
  • Mar 29, 2017 6:53am Mar 29, 2017 6:53am
Quoting grandaevus
{quote} TradingServerTime should be set to 1 hour before London open which is 6:00 gmt+00. Every broker have a different server time so it should be set accordingly. Ea calculates the next nearest 1.xx000 point automatically so there shouldn't be a problem. For setting Sl & TP at pending orders, while coding the ea, I've decided to put Sl & TP after a pending order turns into a market order. Negative/positive slippage is common in pending orders so it's better to set Tp & Sl in accordance with actual order open price.
Ok, thanks. It does calculate the next 00 level but starting from the close, not from the H/L, so if the wick is on "the other side" you get the order 10 pips too high when selling.

London open is 8:00 GMT ?
  • #233
  • Mar 29, 2017 7:16am Mar 29, 2017 7:16am
Quoting Go5
{quote} Ok, thanks. It does calculate the next 00 level but starting from the close, not from the H/L, so if the wick is on "the other side" you get the order 10 pips too high when selling. London open is 8:00 GMT ?
London open should be 7:00 GMT+00. Please change your time zone to gmt @ forexfactory home page and check market open times.
  • #234
  • Mar 29, 2017 8:40am Mar 29, 2017 8:40am
Quoting grandaevus
{quote} TradingServerTime should be set to 1 hour before London open which is 6:00 gmt+00. Every broker have a different server time so it should be set accordingly. Ea calculates the next nearest 1.xx000 point automatically so there shouldn't be a problem. For setting Sl & TP at pending orders, while coding the ea, I've decided to put Sl & TP after a pending order turns into a market order. Negative/positive slippage is common in pending orders so it's better to set Tp & Sl in accordance with actual order open price.
I tried the EA, it doesnt take profit.
So it wont take profit unless we manually input it?
can you make it automated? because no point to use EA if we should manually input the stop loss and the take profit.
  • #235
  • Mar 29, 2017 8:57am Mar 29, 2017 8:57am
Quoting zentrader8
{quote} I tried the EA, it doesnt take profit. So it wont take profit unless we manually input it? can you make it automated? because no point to use EA if we should manually input the stop loss and the take profit.
It's indeed automated.

When the last candle before london open starts, ea puts a buystop & sellstop order. When price hits one of these pending orders, ea immediately deletes the other pending order and sets a stop loss and take profit in accordance with actual order open price.
  • #236
  • Edited 11:17pm Mar 29, 2017 11:11am | Edited 11:17pm
###ZenTraderEAV02


When the last candle before London open starts, ea puts a BuyStop & SellStop order. When price hits one of these pending orders, ea immediately deletes the other pending order and sets a stop loss and take profit in accordance with actual order open price.
--------------------------------------------------------------------------------------------------------------------------------

What's new in this version?

Made some changes in the calculation of 1.xx000 levels.
-----------------------------------------------------------------------------------------------------

TradingStartTime = 09:00 for icmarkets mt4 server time, (one hour before London open )
Commission = 0.7 pips for icmarkets (for non commission based accounts, should be 0)
Leverage = 10 (for every 1,000$ account balance , ea opens 0.10 lot) (risk is only % 1.5 of of your account balance)
MaxSpread = 0.5 pips (change it if your spread is higher)

Use it only in 1H EURUSD Chart

When you attach the Ea to a chart, TradingStartTime value should be higher than current 1H candle. So it should be placed before the last candle before London open begins.

EA opens just one trade per day. If stop loss hits and you want to recover your loss by a triple lot size, you have to trade manually.

TradingServerTime should be set to 1 hour before London open which is 6:00 gmt+00. Every broker have a different server time so it should be set accordingly.


Please try this ea in demo account first.
Attached File(s)
File Type: ex4 ###ZenTraderEAV02.ex4   12 KB | 328 downloads
  • #237
  • Mar 29, 2017 11:41am Mar 29, 2017 11:41am
Quoting grandaevus
###ZenTraderEAV02 What's new in this version? Make some changes in the calculation of 1.xx000 levels. ----------------------------------------------------------------------------------------------------- TradingStartTime = 09:00 for icmarkets mt4 server time, (one hour before London open ) Commission = 0.7 pips for icmarkets (for non commission based accounts, should be 0) Leverage = 10 (for every 1,000$ account balance , ea opens 0.10 lot) MaxSpread = 0.5 pips (change it if your spread is higher) EA opens just one trade per day. If stop loss hits...
thank you for the grate EA. Could you programm the EA, that it takes the second martingale setup too? So we coild backtest if this strategy is really profitable over longterm.

Thank you
  • #238
  • Mar 29, 2017 11:54am Mar 29, 2017 11:54am
Quoting kleybenny
{quote} thank you for the grate EA. Could you programm the EA, that it takes the second martingale setup too? So we coild backtest if this strategy is really profitable over longterm. Thank you
Quoting zentrader8
{quote} Right now im considering to not doing martiangle when we loses, only open the same lot, 2 trade, one with a fixed 10 TP, and the others is BE at 10, so you can let it run(normally i took 20-30 on this trade).
zen is trying another method. When he'll made up his mind, I'll be ready.
  • #239
  • Mar 29, 2017 7:03pm Mar 29, 2017 7:03pm
sorry for noob question.what does thd meaning of BE??
thanks
  • #240
  • Mar 29, 2017 9:30pm Mar 29, 2017 9:30pm
just downloaded the EA and test it,
change the time to 4.00,
and then watch the price, it just pass through the 00 level, without taking an order.

maybe something is wrong?
Attached Image (click to enlarge)
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