Bars in test 2329
Ticks modelled 1451818
Modelling quality 65.05%
Mismatched charts errors 0
Initial deposit 1000.00
Total net profit 511.69
Gross profit 511.69
Gross loss 0.00
Profit factor
Expected payoff 9.14
Absolute drawdown 259.98
Maximal drawdown 269.24 (26.68%)
Relative drawdown 26.68% (269.24)
Total trades 56
Short positions (won %) 56 (100.00%)
Long positions (won %) 0 (0.00%)
Profit trades (% of total) 56 (100.00%)
Loss trades (% of total) 0 (0.00%)
Largest
profit trade 9.26
loss trade 0.00
Average
profit trade 9.14
loss trade 0.00
Maximum
consecutive wins (profit in money) 56 (511.69)
consecutive losses (loss in money) 0 (0.00)
Maximal
consecutive profit (count of wins) 511.69 (56)
consecutive loss (count of losses) 0.00 (0)
Average
consecutive wins 56
consecutive losses 0


I'm sorry with the many posts...
IF the TP doesn't hit in the same day... thats our opportunity to gain more pips by.. placing order step by step example..

USDJPY 28.07.08 at 0700hrs
EA open buy at 107.83 , TP 107.93 but it didn't hit it went down to -50pips below, we can place another buy order here 107.30 with TP 107.93, it hit last night when the price go up to 108..
based on EA... price can go below -160pips... so we can place another order
-50, -100, -150....

just think of some strategy... based on EA result...

*no stop loss apply*

hi. me again..

can someone help me to modify TIMEBASEDEA as below ;

add multiple order buy/sell if TP didn't hit with setting 50/100/200 point diff with the open price...example USDJPY

open buy UJ at 0700hrs with TP10..
(on 28/7) at market price 107.83...TP 108.83
open pending order at price 107.33, 106.83 and 106.33.... if TP hit.. no order will open....wait for next cycle 0700hrs...

manual back test show that by doing this...we can maximise the profit..
max DD 160 point (18/3-30/7)

max pip may gain ..(10+50+100+150=310pips) per cycle....

hope can test this strategy with EA...

Looking for an EA that checks a time that I want like 09:00 and depending on the bars middle price, set a BuyStop and SellStop order at the price or pips away that I want?
Thank you

I've answered a few of your questions before. It looked like your were trying to write you own which is great. What's the problem you're having with this one?

Lux

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Thank you for helping. I'm not sure how to set it up to open One BuySop and One SellStop at the same time based on the medium price value of the previous candle.
What is wrong with my BuyStop order?
I get invalid Stoploss

Guess that your "distance" is a number of pips like 50. If so, you must *Point in order to add it to any price value.

FerruFx

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Can you guys check this EA, in tester I don't see it opening both Buy and Sell at the same time ?? And I don't think the CloseHour set in my order function command for order Expiration is working.

I can't get it to open two orders at the same time? One BuyStop and One SellStop
Thanks

Attached Files

TimeBasedEAMOD 2.mq4 (4.2 KB, 14 views)

This EA does open Two orders at the specified time but what is all this for;
extern int take_profit = 100;//default 40;
extern int open_long = 23;//default 18; current is 15 + spread(4)
extern int open_short = 20;//default 22; current is 15
extern int stop_long = 30;//default 22; current is 20
extern int stop_short = 30;//default 18; current is 20 + spread(4)

Don't need it all. Can someone clean it up a bit. Just have it open the Buy/Sell Stop orders at a certain time and pip gap, and set a pending order expire of a couple hours.

Thanks