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Old 12-14-2005, 02:27 PM
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Exclamation tttt expert

Interesting expert. It has good backtest on eurusd.
I found it on viac.ru forum and made few minor modifications.
Forward testing required
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Last edited by Beluck; 12-14-2005 at 02:38 PM.
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Old 12-14-2005, 04:33 PM
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beluck,

On what timeframe should we attach the expert to?

thanks
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Old 12-14-2005, 04:37 PM
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Quote:
Originally Posted by Beluck
Interesting expert. It has good backtest on eurusd.
I found it on viac.ru forum and made few minor modifications.
Forward testing required
What are the system rules this EA is performing?

Last edited by mnale; 12-14-2005 at 08:09 PM.
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Old 12-14-2005, 05:43 PM
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It works on any timeframe below daily.

I looked now at logic and can say that it is as follows:
- at 8:00 (checkhour) determine HH and LL for the current day (0:00-8:00);
- determine average range H-L for the last 7 days (days2check);
- open buy order at HH+avgrange/2 or sell order at LL-avgrange/2 (offsetK=2);
- profit is avgrange/2 (profitK=2), stop is avgrange/2 (lossK=2).

But it seems that there is one mistake in the code in closing orders and so far I'll be not fixing it, let's see how it goes (maybe this mistake made it profitable ).
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Old 12-15-2005, 02:01 AM
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Quote:
Originally Posted by Beluck
- open buy order at HH+avgrange/2 or sell order at LL-avgrange/2 (offsetK=2);
What determines short or long? Using the logic above, does the EA simply set 2 limit orders (both short and long) and when one is taken, the other is cancelled?

Last edited by mnale; 12-15-2005 at 02:17 AM.
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Old 12-15-2005, 07:10 AM
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Quote:
Originally Posted by mnale
What determines short or long? Using the logic above, does the EA simply set 2 limit orders (both short and long) and when one is taken, the other is cancelled?
no, it openes market order when price crosses one of the levels
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