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Hy Everyone I found trading system in other forum I'm very interesting to make EA from this trading system. I think this will be profitable to everyone, can somebody make EA from this Trading system??
I have made too many systems myself, most of them don't depend on indicators, I'll explain one of them here now, it is very simple, and profitable most of the time, please note that there isn't a 100% profitable system
At 10PM GMT check for the high and low prices for this hour for GBP/USD for example
The high was 1.9884 and the low was 1.9865
All you have to do is to choose the 1.9865 which was the low of the hour and add 10 pips to it, so it will be 1.9875
This is your buy entry order, so you place a buy entry order @ 1.9875
your target is 60 pips which means 1.9935 and SL is 1.9835, you need to use trailing stop 10
On the otherside you place a sell entry order as follows, add 40 pips to the
buy entry order = 1.9875 +0.0040 = 1.9915, this will be your sell order
So Sell entry order @ 1.9915 TP (60 pips) = 1.9855 SL (40 pips) = 1.9955, you need to use trailing stop 10
If the buy order is executed and didn't reach the 40 pips, this means that the sell order won't get executed, so you need to add a rescue sell order the stoploss of the buy order which was 1.9835
So rescue sell entry order will be @ 1.9835 TP (60 pips) 1.9775 SL (40 pips)1.9875
All opened orders to be closed before 10PM GMT next day, which means no order to exceed 24 hours, no rollover
I usually use 5 lots for each order
These are the results for this system since 1st of May
1st of May:
Buy order got profit of 60 pips (reached target)
Sell order got profit of 55 pips (closed at 10PM GMT)
Total P/L of 1st of May = +115 pips x 5 lots
2nd of May
Buy order reached stop loss = -40 pips
Rescue Sell order got profit of 60 pips (reached target)
Total P/L of 2nd of May = 20 pips x 5 lots
3rd of May
Buy order reached profit of +48 pips but declined back (Using Trailing stop) so closed @ break even = zero pips
Sell order got profit of 60 pips (reached target)
Total P/L of 3rd of May = 60 pips x 5 lots
4th of May
Buy order reached profit of +60 pips (target is reached)
Sell was closed before 10PM GMT with loss = -18 pips
Total P/L of 4th of May = 42 pips x 5 lots
Total profit for my system since 1st of May =
115 + 20 + 60 + 42= 237 pips x 5 lots in 4 days
To check my results check the historycal hourly data for the 4 days above
This system needs too much development, this is not the final setup of it, but the good thing of it that it shows profit
Some days it shows +120 pips (Buy + Sell orders reach target) it doesn't happen too much
It also shows -120 pips (Buy + Sell + rescue sell order reach SL) which happens rarely, I can call it a super whipsaw day, but since it might happen so I'm working on this issue to develope the system
Sometimes targets for Buy order and sell orders are reached but after reaching the stop loss first
I'm trying to inform you with all the positive and negative things of this system.
You can backtest this system using Historycal hourly data from the following link Finam Russian Brokerage Companyata Export
I made this system for people who don't want to use any indicators or charts
I also made a profitable system for NFP, which uptill now it is 100% winning
for the last 12 months + yesterday as well, no loss till now
I can post the signal for it in the next NFP
All my system are free and will never even think to sell it, coz I feel that the best profit is to share info and help others
Best regards and happy trading
Last edited by wenk_naged; 06-12-2007 at 09:19 AM.
Didn't you have a EA for sell in the commercial section?
Yes he have an EA in the Commercial section, and probably he stole from some place to resell because is evident that he don't have a clue about programming.
Now he probably want a programmer to code his new strategy for free to resell it after that.
It is the best way to earn money those days.....................
__________________ I have not failed. I've just found 10,000 ways that won't work. Thomas Alva Edison
you have no clue about programming , your idea is similar to cost averaging, there was a thread by Maji, go there steal her work, then post it in the commercial section and later she will kick your
Hy, I found this system in other forum. and I don't want commercial this system.if I want commercial this system, Of course I not share this sytem in Forum.
Last edited by wenk_naged; 06-13-2007 at 04:52 AM.
Hy, I found this system in other forum. and I don't want commercial this system.if I want commercial this system, Of course I not share this sytem in Forum.
Calm down...
You ask anyone in this forum to write down the EA,
Why don't you do it by yourself first? after that we can improve it together
I'm sure it will not so difficult for you if you have programing experience before..
If you do so.. I think people will give you their respect..