Suggestion 1H GBPJPY BOT

is it unlimited version ? any limitations ?

 

Totally garbage ea waste of time

 

GBPJPY is one pair with high volatility but usually has spread higher than major pair like as GBPUSD
and if ea based martingale, I think will reduced margin level if always open new trades

 

Thanks for your input

 

Just set the martingale value to 1.0 then it opens trades with the same lot size, super easy solution
You can even set it to a reverse martingale by setting it to a value less than 1.0 like 0.5 and the next positions it adds to it will be half the size

 

i can help, PM me for further development

 

DINO MIGHT does not open position in live account.. it did in demo

 

be patient it doesn't always find trades right away, should work on any acct type

 

OK

 

Thank You

 

it is good for ranging market, disaster in trends....

it opened all sell positions at EU along the rally in July..TF H1

 

This is my review for this thread:
sounds like a good EA , will FT it . Thanks Colin

 

Hi,Colin

i started to test the EA on GJ AU and EU.
I am wondering when is AU going to take profit .. because these trades stay there for few days.
the setting TP is 4780...is the ea really only tp at 4780??

Thanks

 

i started to test the EA on GJ AU and EU.
I am wondering when is AU going to take profit .. because these trades stay there for few days.
the setting TP is 4780...is the ea really only tp at 4780??

Thanks


No the EA will reduce the position on the opposite signal and if closes all open positions in that direction and keeps getting those signals it will open a position in the opposite direction and continue to either add or reduce based on the signals it receives. Rarely will it ever hit the TP, it's pretty much just there. Should try running it on visual mode in backtesting to get a feel for how it trades

 

Yeah, it can get ugly at times. If you see obvious trends you can always set the EA to only go Long or Short. No EA is perfect and will always hit periods where it is stagnate or breaks even for a period of time, it's just a part of trading unfortunately

 

This is my review for this thread:
Very nice! thanks man!

 

OK. Thanks for the reply. I will try BT

 

Ive tried to make improvements on it many times but it seems anything i change makes it drastically worse which really sucks
There is an alternative bot but I only recommend it in EURUSD, every other pair doesn't seem to trade well

 

Today gbpjpy pcwr h1

 

Any update for this one?