Thread: OILFXPRO double-quad b/o free version E A

This is the free version I give to this community


Determine the 08.00 CET – 9.00 CET High Low GBP/USD
& Determine the 09.00 CET – 10.00 CET High Low GBP/USD

Set BuyStop at High + 5 pips and SellStop at Low - 5 pips


Set StopLoss at entry - 35 pips for GBP/USD,TRAILING STOP OF 40 AND TAKE PROFIT OF 120


At close of 24:00 CET all orders expiring and close all trades at market. On Friday we do the same at 19.00 CET.Always wait for the close of a bar to exit major moves and end of day exits.

This link displays the time in every major city in the world: Qlock - World Clock.

Please improve on this strategy and post optimised settings for other pairs.Please check E A for accuracy and correctness before using it, as no warranty is given for failure or losses

ADVANCED VERSION WITH REVERSAL AND TRAILING STOP LOSS.The last two files in this post are the advanced version

Determine the 09.00 CET – 10.00 CET High Low GBP/USD &
Determine the 9.00 CET – 11.00 CET High Low GBP/USD
Set BuyStop at High + 5 pips and SellStop at Low - 5 pips for both timeframes and both currencies
Set Target Price at entry 120 pips for GBP/USD
Set StopLoss at entry 35pips for GBP/USD. AND SET TRAILING STOP OF 40 PIPS
If the other side of the breakout is within 35 pips or GBP/USD then the StopLoss will be that level (Longtrade: SL = Low range - 5 pips = SellStop; Shorttrade: SL = High range + 5 pips = BuyStop)
Move the SL to breakeven after a gain of 40 pips for GBP/USD
If a certain position is taken and price turns agains you and it breaks the other side of the breakout channel then turn. If the breakout channel is broader then the stoploss first the stoploss will be hit. If the breakout channel is narrower then the stoploss then hitting the other side means that you have to turn your position. There is only one turn per time frame possible. This rule is a result of all previous rules. You can skip this rule if you want.
At 24.00 CET all orders expiring and close all trades at market. On Friday we do the same at 20.00 CET.
El Cid

I recommend the use of the EAS only for testing purposes and should not be used on live accounts .EAS for live accounts can be provided.

USE THE TRIAL VERSION FOR TESTING.Expiry 30/3/2008

http://www.oilfxpro.com

Here is live testing on the pro version

Hi folks

Please improve on this strategy and try adding various filters etc to this strategy

Can any one programme this to add four positions with different take profit levels

and add effective filters?

This is already a profitable strategy

Regards

El Cid

Ok how do we use it?Put which file on chart there is 2 files?
oilfxpro_d_b_v0.4_8_9_10.mq4 oilfxpro_d_b_v0.2_8_9_10.mq4
Which file is for what?
Very good thanks you for posting but more explaining on how to use it.

Hi folks

Today profits of 240 pips on the duo b/o and

480 pips on the quad b/o

There are two free EAS in the first post

Thank god ie Newdigital and this forum for the profits and letting u get free EAS

Originally Posted by kjhfdgjfhdghdf

Ok how do we use it?Put which file on chart there is 2 files?
Which file is for what?

Preset E A S in first folder, just put them in experts folder and ENJOY

oilfxpro_d_b_v0.4_8_9_10.mq4 is for quad lots 2*0,2= 0.4 lots total


oilfxpro_d_b_v0.2_8_9_10.mq4 is for duo lots 2*0.1 = 0.2 lots total

Enjoy free EAS from oilfxpro

Thanks for your efforts el cid.
Nice work!

Originally Posted by kjhfdgjfhdghdf

Ok how do we use it?Put which file on chart there is 2 files?
oilfxpro_d_b_v0.4_8_9_10.mq4 oilfxpro_d_b_v0.2_8_9_10.mq4
Which file is for what?
Very good thanks you for posting but more explaining on how to use it.

simply insert E A in experts file evermorning at 7.45 cet ............or leave computers on 24 hours a day like a do.I have other EAS trading 24 hours a day

First session using Expert Advisors! | www.metatrader.info

el cid

Originally Posted by ssotiro

Thanks for your efforts el cid.
Nice work!

you are welcome .................one day u will help some charity in my name

best wishes to all

el cid

we will see that the next week