Thanks for this Graham, just to clarify - the orders are set up with a 80$ SL and are nevr manually closed, a new day opens a new order irrespective of the previous positions?

Thanks

Not sure. I don't manually close the trades, but there are several different options: Never close, close after 24, 48 or 72 hours. Most of the pairs will close within 24 hours, especially if your TP is 10 or less.

Graham

Graham
Are you SL/TP 50/10 or 80/8 or both at this time?
Do you beleive that 80/8 performs better than 50/10?

Thanks

Currently i am running tests on both the 10/50 and 5/50. Once we have a working EA, then i can run more forward tests and hopefully live as well. Seeing as the trades have a few minute window to enter in, running too many tests would leave not enough time to get them all in.

As to which TP/SL i feel works better, i really don't know. Proof will be in forward and backtesting. To do that, one needs to be around always at the same time and patience, or a good EA.

Graham

I was just wondering if you have made progress on the EA. Not to rush though, in case your life is pretty busy.

Graham

Graham,

Just try this out, I created a simple indicator showing the difference between daily O, H and L

1. Incase both are >10 set level to 1
2. Incase any one is <10 set level to 5
3. incase differnce between anyone is -80 (your sl) set level to 10

Suprisingly the 3 level was hit min of 3 times in a row....This would blow up your account if you used the cimpounding MM technique....

CAn you verify this??

Thanks

Sorry, i don't know what you mean. Why not use extern int variables so we can select >10 or 8 or 5 for TP, or 80 or 50 for S/L, or whatever....

does that help? If not, maybe explain again for me.

Thanx,

Graham

Hi,

I mean to say inorder to test out the credibility of the logic since it is based on a daily long short position of 10pips each...
The indicator will just indicate whether there would be a 80pip loss and it does so in case of 3 consecutive days for EUR/USD which means -

1 day 0.1lots = -80pips
2nd day 1 lot = -800pips
3rd day 10 lots = - 8000pips????
Thanks

Hi everyone,I just open the EA and found this

"extern int Start=15;"

Seems the start time, I am using interbankFX,their time is the same as GMT,should I adjust the "Start=15"? By this parameter when the trade will
begin?Thanks!

Sounds good, but having adjusted the time, i found it wasn't 100% reliable for some reason. This is why i was interested in a full EA rebuild by a successful EA Programmer.