New EA Currency Strength EA
- Thread starter Garner
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My FT from today , it is still continue. I am still working on it , because I believe, since Forex is existing there must be the edge of the strong and weak pair existing always. Otherwise the market will not move. And it must move otherwise nothing will happen. For now I increased the strengh and discreased the weak a bit more from the Orcus set. Also I decided to open positions after the market find his correct way short after London open. I still have no idea till when I have to trade and to close. Also I have not the idea to trade during NY. But I will test this also. Maybe 1 hour after NY... I have strong believe that this can not be manupilated, it can happen that few times I will hit the SL, but on consistent trend moves surely it will also continue to win.
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Any Expired Date ?
Expiry? I do not think it has...Now the main problem here is to not be in the reversals or pullbacks. Otherwise your gain starts to eaten back. The Orcus set has a acceptable TP adjusted, also it has a good lot size calculater builded inside,to entry with correct lot size, but it is not as good as it should be on exits. Therefore it can take a correct entry but not exit in any reversal or pullback on correct time which is a must to be adjusted inside the parameters. Now my main focus is about that. My To Do List.
no expiry
Dear Garner, I would like to ask you for what is the parameter " Exit on opposite Signal" Does it mean in example if we have strong signal on 7 and started to trade the pair went down to 6.9 , will it close? OR will it close on the weak signal if reach. The second option is unusable to me, but first option maybe very usable. I am still thinking of how to adjust exits. I can not just point an SL level in pips because every pair has his own pip value range ADR and so on. It very confuses me in the momentt
EDİT: Maybe the Stop Loss Risk parameter would be a good solution, therefore I would like not to close all positions ...hmm...
EDİT: Maybe the Stop Loss Risk parameter would be a good solution, therefore I would like not to close all positions ...hmm...
Try Exit using trailing stop, 10 to 20 pips, with an exit on opposite signals.
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Hi
Anyone see bug? bcoz i set sl and tp but cannot take it
Thank
Anyone see bug? bcoz i set sl and tp but cannot take it
Thank
Trailing stop is good feature to manage the risk
but as I know mt4 must turn on and connected to server broker
You need to set disable stop loss to (false)
Now I will try that also. Without this I had a crazy run today. It was too much risky but it worked today...It was Orcus set with only increased strong pair and discreased weak pair started about 30 min after London. I still continue to see how NY will finish it. But I mind and have deep feelings that my setup is not finished without the correct exit adjustment. It is really very risky in the moment. And also Garner , in the Orcus.set the trail is active, am I wrong with something. I am seeking for something to stop the loosing pair faster, this is the main focus for me and only the I can say my balance is in more safe.
edit. I will acitvate exit on opposite signal, I do not know how that work, but let me see .
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Thank you for sharing but how I can use what TF and which file i can use and what about TPROFIT AND STOP LOSS ?
Hi, it is the Orcus.set post from first post in this thread. I attached it on m5TF. I use to open the trades from short after London has opened and after big boys are concantated to trade after finishing their coffee..
) I mean after the pairs find their correct trend. Because London first minutes are not so stabil, many Zigzags can happen and can give more false signals. From the setfile I increased strong and discreased weak a bit more, because I try to catch the strongest and weakest signals on pairs as much possible. Try to go higher from 7 till 8, and for the weak 1 to 1.8. I am still working on this best value option. Also use correct size of lot according your balance. I did not touch the rest from the setfile. But I have many concernings about the exits from bad trades. I need time to adjust this as much good as I can. This EA can not be BT as multi. If someone know how to do, I can shorten the time of the progress, please let me know about. ah...I forgot about to tell, tomorrow is Friday, you have to change the parameter to trade on Fridays, otherwise probably the EA will not work.Thanks for your great effort , i will send you my set files i am working on , as soon as I have a good profitable file to share with lower draw down.
You can only use one or the otherI do not get the relation between these 2 parameters and workstyle. Somehow I understand that I can not use both of them. Or does one of them to stay "0". Complicated parameter to understand..
