Hi all

before we talk about this EA, i want to introduce you that this EA is based on the methode at this link

http://www.forex-tsd.com/suggestions...nly-pivot.html

and this EA is born from our friend MASA9390.. so i named this EA onto His name

anyway, i post my template methode here, so if you all make a backtest with visual mode you can see what my methode is.. this EA make a good entry,
and this is ALWAYS PLAY EA..

unfortunattely if we use only CUT and REVERSE style, we miss lot of pips and maybe this EA won't profitable anymore

so, because i'm not good programer, i try to find help from people who has it

IMHO this is what we need for this EA


1. this EA should open 3 Position at a time

2. if you use 1 standard lot, so it could be 0,3 lot each

3. 1 position follow cut and reverse style (LET it RIDE)
4. 1 position should grap pips by using tp 50pips at GBPJPY and EURJPY
5. 1 position using trailing stops about 50 pips. IMHO in GBPUSD
6. LESS LOTS = LESS RISK = LESS PROFIT?... we can add MM, it will increase lot as our equity rise and vicaversa

i use INTERBANKFX as my BROKER because its broker time is GMT 00


sure you can chose your tp, trailing, it's all up to you

try to backtest that EA and look at VISUAL MODE.. i believe you will understand what i mean.. and do't forget, load this methode template file


this is FOLLOW TREND EA, look at the chart please..

i posted
2ma_openingday.tpl
Masa9390_PIVOT.mq4 ====> EA
PrevDayAndFloatingPivot_O.mq4 ===>indicators

Attached Images

miss pips.gif (19.2 KB, 927 views)

Attached Files

	2ma_openingday.tpl (1.2 KB, 181 views)
	Masa9390_PIVOT.mq4 (4.6 KB, 272 views)
	PrevDayAndFloatingPivot_O.mq4 (3.6 KB, 220 views)

anybody home?

How would one specify three mini-lots?

Also micro lots....I'm assuming this is not the finished version if I understand correctly. Unfortunately I'm not that advanced in programming just real simple things. Sorry but I can't wait to try it. Thanks Stevenali...

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"Dictionary is the only place that success comes before work. Hard work is the price we must pay for success. I think you can accomplish anything if you're willing to pay the price." Vince Lombardi

yes.. it's not final EA
and i do not have skill at programing too,
in my observation using 3 mini lots from january-august 20007, it make 50% plus
rising our account, using CUT and REVERSE style

but so many opportunities gone because after price move 60-80 pips, it reverse and make us lost

so i mean... this EA need 1 open to using CUT and REVERSE style

and at least 1 open using 50 pips target.... it can reduce DD, and rise our equity,

the scenario is if price move up to 60 pips and reverse, then we collect 50 pips and lost from other open position....

and its easy for gbpjpy...

you can see... i almost 1000 pips in 5 days using this methode....

Attached Images

wonderfull.gif (20.9 KB, 791 views)

Looks good, I am going to run it in my live account at ibfx.

thanks steve

__________________
Keep the scammers hungry in 2007

If you "collect 50 pips" there will be days when you collect 0 pips and get double stoploss.

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MQL4 programming is easy ^^

problem solved

The problem with this EA will likely be the problem with most EA's.........keeping it out of a ranging market. I love the concept though!