EA for 1H Trading
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Thread: EA for 1H Trading

  1. #1
    1 Attachment(s) Hello,

    Here is my own trading method for which I shall appreciate if anyone on this forum can create an EA.


    Currency: EurUSD ; USDCHF ; GBPUSD; EURGBPTime Frame: 1 HourTrading Time: 5GMT till 17GMT (adjustable)SL: 30 Pips (adjustable)TP: 30 Pips (adjustable)SL moved to BE when: 15 (adjustable)Lot Size: 0.1 Lot (adjustable)Entry: If Current Candle Closes White (Down) then put Buy Cease with SL TP on its HIGH using SPREADIf Current Candle Closes Black(UP) then put Economy Cease with SL TP on its LOW using SPREADIf Current Candle Closes Doji then conduct nothingExit:When you get opposite sign or TP is Strike or SL is HitResults for Feb 2009EurUSD: 850 (using TP: 30 SL:30 SL moved to BE on 15)USDCHF: 490 (using TP:20 SL:30 SL moved to BE on 15)EuRGBP: 600 (with TP:30 SL:30 SL moved to BE on 15)GBPUSD: Not Tested Yethttps://www.forexsoutheast.asia/fore...arry-grid.html

  2. #2
    What's the expiration period for those orders?

  3. #3
    1 Attachment(s) Expiry time is if the Current Bar closes without hitting Buy Cease or Sell Cease....Then we again repeat process....
    https://www.forexsoutheast.asia/fore...ps-trades.html

  4. #4
    Pretty impressive results there. Must have sucked to backrest, dropping down to tf to observe when stopped out or move to be. I see why u need an ea for it. Lots of computer display time with this particular method. Can give it a shot. Perhaps someone will come on board with the ea for ya. Good luck

  5. #5
    Matter of fact, I did back test this on lower timeframe i.e., 5Min chart, to inspect the SL/TP status of Signs.

  6. #6
    Here's an attempt at an EA, however it isn't profitable in backtesting, or at the forward testing I have been operating for the past two weeks.

    I'm not sure what you mean by closing the order as soon as an opposite signal happens, so the EA closes any open position in the end of the hour. Other than that, all of the other principles are followed.

    Any enter or enhancements welcome!
    https://www.forexsoutheast.asia/atta...0227657538.mq4

  7. #7
    Adeel are you currently having an indior to put those buy stop and sell stop lines in your chart?

    thx,
    todd

  8. #8
    Ironically, however a month doesn't do much for me personally

    I'd love to find years of information

    nicely, fantastic luck for this.... It may hold out for awhile.... It might be the holy grail

  9. #9
    1 Attachment(s) Thanks SunRa for Your EA! So nice of you to devote your precious time and effort in programming me this EA

    you're right about it not producing the same results....

    Well anyway, to answer your question, By shutting the order as soon as an opposite sign happens I mean Final the Previous Triggered Order who is TP/SL hasn't been hit yet. All of Pending Orders that aren't triggered should be closed the next hour and new Pending order placed. Hope this clarifies things.

    Once again thanks for the attempt!

    https://www.forexsoutheast.asia/gene...s-checkem.html

  10. #10
    --------------------------------------------------------------------------
    todd960960
    Member

    are you using an indior to place those buy sell and stop stop lines in your chart?

    Thx,
    todd

    --------------------------------------------------------------------------
    No I'm not using any Indior for those Buy Stops / Sell Stops Lines. There's simply no demand for an indior because we are simply placing Buy Stop on a Away Candle and Sell Stop on the Up Candle.

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