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So it is the news for me:
- the most noisy time for EURUSD is 4 pm Alpari Metatrader time which is 2 pm GMT.
- time for USDCHF (according to the pre-set file and backtesting of this EA) is 4 am Alpari MetaTrade time (which is 2 am GMT).
- for GBPUSD is 12 alpari MetaTrader time (10 am GMT).
It is since 2001 till now.
I did not know that it is so different.
Why 10 am for GBPUSD?
I am continuing to optimizing for USDJPY.
Last edited by newdigital; 06-13-2006 at 01:18 PM.
I did some optimizarion for this EA created by Igorad.
It is not EA which I am using for manual trading. It is EA to trade (not for alarm).
Please find EA, pre-set files and backtesting results every tick 90% since 2001 till now.
For EURUSD only.
Please note that StartTime=16 is 4 pm Alpari MetaTrader's time. If you are using the other broker so this time will be different.
ND, I don't want to sound like an absolute Newbie, but what are the Pre-Set Files and how do I use?
ND, I don't want to sound like an absolute Newbie, but what are the Pre-Set Files and how do I use?
Place pre-set files in \presets folder (C:\Program Files\MetaTrader4\experts\presets for example).
Pre-set file is the settings of EA.
Instead of set of the settings (take ptofit, lot and so on) manually we have this file. During the attaching EA to the chart press "Load" in EA's menu/options/panel, find this file and click "open" or ok.
To see the settings repeat it: "during the attaching EA to the chart press "Load" ...".
Action I mean.
So please find EA (for trading, not for alarm).
EURUSD, GBPUSD, USDCHF and USDJPY.
M15 timeframe.
In pdf file you will find some statistics (based on every thick 90% 2001 - 2006 data for all the pairs). It is the profit since 2001 till now separated by year and by month.
6 pages.
From this pdf file we understand that this system is profitable (in long play) and it is some kind of portfolio (see page #6 in pdf file).
This EA is acting on daily closed bar and because of that it should have very similar results with every broker.
One thing only. There is StartTime in EA's settings. So please note that it is Alpari Metatrader time (GMT+2). If you are using North Finance (for example) you have GMT+3 and this StartTime should be corrected in pre-set files (+1 to the value in pre-set files). If you are using IBFX or other broker so correct StartTime in all preset files.
We may include in this portfolio AUDUSD as this pair is very good backtesting (profit factor more than 2) and very good performing in manual test.
Pre-set file is attached.
And for money management we may use the indicator (attached). Just attach this indicator to the chart, indicate the price (any but from the chart), stop loss price and something will be written on the chart (see image).
For example, if we selected Risk 2.5, current price for AUDUSD is 0.7381, our stop loss is 100 that is 0.7281 so we will have the following:
Current balance: 17028
Risk on one position: 2.5%
Recommended lot size 0.4
and so on.
We may use less risk to calculate the lot size.
ND, I must say you have done a very good job for optimization i know you'are not the author for this ea but your hardwork to optimize these must be appreciated loud and proud .
So please find EA (for trading, not for alarm).
EURUSD, GBPUSD, USDCHF and USDJPY.
M15 timeframe.
In pdf file you will find some statistics (based on every thick 90% 2001 - 2006 data for all the pairs). It is the profit since 2001 till now separated by year and by month.
6 pages.
From this pdf file we understand that this system is profitable (in long play) and it is some kind of portfolio (see page #6 in pdf file).
This EA is acting on daily closed bar and because of that it should have very similar results with every broker.
One thing only. There is StartTime in EA's settings. So please note that it is Alpari Metatrader time (GMT+2). If you are using North Finance (for example) you have GMT+3 and this StartTime should be corrected in pre-set files (+1 to the value in pre-set files). If you are using IBFX or other broker so correct StartTime in all preset files.
HI ND,
Can you please post the list of your pending orders for Thursday and the latest statement...
Excellent Job
Linear Mode
