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Simplicity is the Ultimate Sophistication

  • #481
  • Apr 11, 2017 12:34pm Apr 11, 2017 12:34pm
Since the latest version of the EA, it's not placing any pendings for me "again :'(".. any idea what's wrong..? same settings as before.
  • #482
  • Apr 11, 2017 1:05pm Apr 11, 2017 1:05pm
Whats the success rate with this strategy with the very low daily range of the EURUSD lately - on checking the 5 day ADR of the EU is only around 54 pips, just seems pretty rangy.

I dont currently trade EURUSD thats why i am asking.

Thanks
  • #483
  • Apr 11, 2017 1:10pm Apr 11, 2017 1:10pm
Quoting Timnyman94
Since the latest version of the EA, it's not placing any pendings for me "again :'(".. any idea what's wrong..? same settings as before.
Could you please send a screenshot of your settings?
  • #484
  • Apr 11, 2017 2:05pm Apr 11, 2017 2:05pm
Hey!

Grandaevus pulled out EA, now version 6. Great.

As long as I am not able to use this EA could any of you provide some back testing done on this strategy through MT4. That would be important to set out accuracy of EA and strategy itself.

Thanks guys!
  • #485
  • Apr 11, 2017 2:09pm Apr 11, 2017 2:09pm
Quoting grandaevus
{quote} Could you please send a screenshot of your settings?
Yeah i pm'd you!

@Plainview

may i ask why you're not doing the backtesting?

it's accurate enough so far "3 weeks in of live trading it" all i'll say.
  • #486
  • Apr 11, 2017 2:20pm Apr 11, 2017 2:20pm
Quoting Timnyman94
{quote} Yeah i pm'd you! @Plainview may i ask why you're not doing the backtesting? it's accurate enough so far "3 weeks in of live trading it" all i'll say.
Hey Timny,

I am using jForex trading software. Do not use MT4 at all.

About back testing: it is vital to see data, the more the better. 3 weeks are not enough to rate strategy. We would need like 3 years or more test on 'minute scale' running this strategy to see it's worth. So that's why there is Meta Trader 4 Backtesting - to give traders more data and to check not only profitability of strategy but also how EA is doing in different conditions.

Anyone here done that?
  • #487
  • Apr 11, 2017 3:24pm Apr 11, 2017 3:24pm
Quoting Plainview
{quote} Hey Timny, I am using jForex trading software. Do not use MT4 at all. About back testing: it is vital to see data, the more the better. 3 weeks are not enough to rate strategy. We would need like 3 years or more test on 'minute scale' running this strategy to see it's worth. So that's why there is Meta Trader 4 Backtesting - to give traders more data and to check not only profitability of strategy but also how EA is doing in different conditions. Anyone here done that?

Yeah i get why you do backtesting, and it's been done "by some.. but not on a 3 year scale" but just wanted to know why you did not do it! and now i know !

I know 3 weeks aint enough, but that's 3 weeks live and following this thread since the start off it and so far been a good 4-5 weeks!
  • #488
  • Edited Apr 12, 2017 12:51am Apr 11, 2017 10:08pm | Edited Apr 12, 2017 12:51am
Quoting Timnyman94
{quote} Yeah i pm'd you!
Either actual spread is higher than your MaxSpread or your broker's min allowed lot size is higher than your MinVolume.

may be your broker does not allow placing pending order too close to the current market price or auto trading is disabled.

Do you see a happy face smiley on your chart?

Attached Image


These are the main reasons than can block ea to place pending orders.

First , increase MaxSpread = 2.0.
  • #489
  • Edited 1:29am Apr 12, 2017 12:59am | Edited 1:29am
Trading with ###ZenTraderEaV06

BuyStop @ 1.06200
SellStop @ 1.06000
  • #490
  • Apr 12, 2017 2:21am Apr 12, 2017 2:21am
Buystop has been triggered.
  • #491
  • Apr 12, 2017 5:00am Apr 12, 2017 5:00am
Quoting grandaevus
Buystop has been triggered.
Closed out @ SL

Done for today.
  • #492
  • Apr 12, 2017 7:11am Apr 12, 2017 7:11am
Quoting grandaevus
{quote} Closed out @ SL Done for today.
Guys,

On the serious note: you do have to back test the s*** out of this EA. Otherwise the is just a coin toss, like most "London Open" strategies...

grandaevus, can you back your EA up with any data?
  • #493
  • Apr 12, 2017 7:28am Apr 12, 2017 7:28am
my ladtop broken,cannot upload the chart from my ladtop..
today trade:
buy stop @1.0620
sl @ 1.0607 sl hit.
open second trade
@1.0600
tp @ 1.0590
sl @ 1.0613
lets see..
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2017-04-12-19-30-18_net.metaquotes.metatrader4.png Size: 170 KB
  • #494
  • Apr 12, 2017 7:38am Apr 12, 2017 7:38am
Quoting zentrader8
my ladtop broken,cannot upload the chart from my ladtop.. today trade: buy stop @1.0620 sl @ 1.0607 sl hit. open second trade @1.0600 tp @ 1.0590 sl @ 1.0613 lets see.. {image}
Daily down trend begins to loose it's momentum and show weakness. If it comes down to 1.0590 level, i'll start to buy .
  • #495
  • Apr 12, 2017 7:41am Apr 12, 2017 7:41am
For those who want to make a backtest,

This strategy is time dependent. London Session opening time changes twice a year because of day light savings.

If you don't change time in accordance with day light savings, , backtests will give wrong results.
  • #496
  • Edited 9:28am Apr 12, 2017 8:12am | Edited 9:28am
Quoting grandaevus
{quote} Daily down trend begins to loose it's momentum and show weakness. If it comes down to 1.0590 level, i'll start to buy .
Zen, we're on the same train. Your TP is @ 1.05900, my buylimit is @ 1.05910
  • #497
  • Apr 12, 2017 8:45am Apr 12, 2017 8:45am
Quoting grandaevus
{quote} Zen, we're on the same train. Your TP @ 1.05900, my buylimit is @ 1.05910
sl hit..
lose both trade today..done for today..see today news,so many red news..i think maybe we should avoid trade on red news day.
  • #498
  • Apr 12, 2017 11:23am Apr 12, 2017 11:23am
can i get the latest EA?
  • #499
  • Apr 12, 2017 1:08pm Apr 12, 2017 1:08pm
Quoting MemO_KinG
can i get the latest EA?

Page 24, Post #467
  • #500
  • Edited 1:21am Apr 13, 2017 1:01am | Edited 1:21am
Quoting grandaevus
{quote} Zen, we're on the same train. Your TP is @ 1.05900, my buylimit is @ 1.05910
I have a long order bought @1.05910. May the price continues to move up.

Today's stop order levels are

BuyStop @ 1.06800
SellStop @ 1.06600
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