on 13.25 GMT open buy stop & sell stop gbpusd at current price plus/minus 15 points. set the TP = 20 point, or we control the target point manually.
if the buy stop order opened, the sell stop order will be deleted.
all trades must be closed at 23:55 server time.
it seems profitable, especially when a big news come like today (nonfarm payroll).
anyone interested to make EA for it ? i'll appreciate
Thanks for request White_tiger.
is there anyone made it ?
I am not "a chief" for programmers but I sent this request already.
And your thread is visible here.
Hope we will have this EA soon.
here is the rule :
at 08.25 EST
open buystop at current price + 15 pts
open sellstop at current price - 15 pts
one opened, cancel the other
trail SL to 25 pips.
close all position & delete all order at 23:30 or 22.30 (friday) server time.
Backtested this rules on GBP/EUR (not with MT, but better software)
aprox. results without spread, slippage
1-12 2005 200 pips
Jan 2006 -100 pips
Feb 2006 -100 pips
for this timeframe i suggest to reverse the strategy - buy on the low and sell on your high
try it at gbpusd
I have developed TimeBreakExpert_v1 for this strategy.
Try to test it on real.
All input data are described in the code.
This expert don't open in interbank fx and don't open too in northfinance.
Give allways the same error:
2;76;C:\Programas\MetaTrader testes 3\experts\TimeBreakExpert_v1.mq4;12:1;'Tracert.mqh' - cannot open program file
Thanks for EA
You should have this file in MetaTrader (attached). Unzip'ed it and place in /include folder. Do not compile this file.
Thanks New digital... it is OK now