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Old 07-17-2007, 04:51 PM
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Smile EA GBPJPY system

Hi everyone,

I will post a system here hoping that a talented programmer can make a EA for it.

The idea behind this system is not mine - you can find it in Forex Factory (name of the thread is Shadow System). However I change a few things.

Pair = GBPJPY

At 7H00 AM (EST) Short GBPJPY at the opening of the candle
SL = 40 Pips and TP = 40 Pips (including spread so the real profit will be 32 pips with an 8 pips spread)

If tp hits, we exit.

If sl hits, we enter long with a sl of 200 pips and no tp - this position will be close the next day at 7h00am.

If neither tp nor sls hits in both cases (short and long), exit at 7h00am

I would like also the possibility to change a few parameters (tp, sls, entry hour and very important, i would like to have the possibility to reverse the order = first we enter long and then short).

I hope some of you find this idea interesting enough to work on it.

Thanks.
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