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Old 05-10-2008, 05:47 PM
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daraknor daraknor is offline
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I don't like any timeframe greater than H1, because the broker's timezone will drastically affect the data. It is important to program 24* 1 hour timeframes instead of doing 1 Daily Timeframe. Also, you would need to separately backtest before and after daylight savings time. It is a pain.

Quote:
Originally Posted by sonyirwana View Post
Can you help me or anyone programmer here put the logical manual entry pending stop order become EA (mq4) for backtest data from 2004 - 2008 year ?

I just so confused if i do bacward of data too much manually, and if it's have profitable ( even <= 30% per month or not) i very thank you to you all.

this is entry rule:

Daily Time Frame

Buy Stop on H + 5 previous days
Sell Stop on L - 5 previous day

StopLoss Sell order on H + 3 previous days
StopLoss Buy order on L - 3 previous days

Take Profit 100 pips ( optionally to find optimum target backtest )

Also we reset our Buy (or sell) order which is now going to be just above (or below) the highest high (or lowest low) of the current bar/today for next order daily bar. Now, when one of the orders is filled, Stoploss can move to current day always move till the position(s) not tp or sl on tomorrow.

If one position execute today, example, BUY. next days pending order only open pending Sell Stop at Low - 5 today.

Range H - L previous days must be >= 90 pips

for detail click hereAdvanced system #1 (Midnight setup) | Forex strategies revealed

sorry admin for the link above, i just want some help here..

email : sony.irwana@gmail.com
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