Better Volume EA
Attached Better Volume EA with adjustable start and finish times, SL, TP and Trailing SL.
The magic number allows for multiple currency pairs and time-frames and it will work on 4 or 5 digit brokers.
All times are GMT but there is a GMT offset to compensate, if you are using Alpari UK this will be set to (default) 2.
I have attached a Clock Indicator that you can place on your chart that shows your broker time and GMT.
I tested it on M15 EURUSD but this may not be the best currency for it, the stoploss would need to be much larger.
Unused buytops and sellstops are closed at 08:00 GMT
Let me know how it goes.
Great Continouse trading system; wants EA
I have got very good conclusion of trading forex that trading is ranging or trending.
In both above situation we have to win.
So I decided to band trading in 10pips.
I do loop trading with 10pips band without SL with 200 limit.
Means If I buy one pair at 1.6000 with limit 1.6200, I put 10pips below at 1.5990 2 sell entry order with limit 1.5790.
If price going down and sell order triggered, I place 10pips above two buy entry order at 1.6000 with limit 1.6200.
I repeat it upto price is ranging in 1.6000 to 1.5990 band.
once price going in any direction; let us say in up direction at 1.6020 I again buy 1 lot with limit 1.6220. and also put two sell entry order 10pips below at 1.6010 with limit 1.5810.( this is 1.6120 to 1.6010 band)
I repeat it upto price is ranging in 1.6020 to 1.6010 band
Wise versa if direction is going down at 1.5980 I buy 1 lot with limit 1.6180 and put 2 sell entry order 10pips below at 1.5970 with limit 1.5770.(this is 1.5980to 1.5970 band)
I repeat it upto price is ranging in 1.5980 to 1.5970band
For all 10pips band there is gap of 10pips. so we have 10 bands in 200 pips.
I have seen with live trading that price never ranging more than 20pips between 10pips. means whatever less ranging of 20 times is profit for us at limit of every band.
But it is a continuous process will never end.
so once u put EA just u have 10 times 10pips loss money and 10 lots margin money in ur account and ur account will enrich with time.
But as I have to pay spread in 10 pips I want to maximise 10 pips to 20/30/40/50pips with limit of 400/600/800/1000pips. so spread will be small in compare to trade profit.
But for maximising the profit I want to run EA back test on different time frame, different pips band and different limit with few lower spread pairs.
Please send ur suggestion and make an EA for this system. I will maximise yield with different setting. Also give you live demo with EA.
Thanks in advance for EA programmer.
I have got very good conclusion of trading forex that trading is ranging or trending....................................
visual charts require for better understanding.... post some charts
Boombastic EA 2009
anybody here can help me create one EA work base on pivot point....if candle go down leading every 50pips below pivot point EA will set pending order buy stop automaticly with TP=10pips...and if candle start go up cross pivot point untill leading every 50pips EA will set pending order sell stop with TP=10pips...anybody here programmer hopefully can help me to write coding...urgent!!!
post some charts mark on Success setups, and Fail setups
Thanks..I will try it...
Please help make this EA
This strategy works this way,
The initial position (buy/sell) determined by trader. Say, trader BUY, then EA will start working as below:
Say BUY, EA will count for every 10 pips (input: TPPips and SLPips), say buy at price 1.0005, EA should continue to BUY 10pips (after each TP hit) from the entered price 1.0015, 1.0025, 1.0035 and go on.
EA will take profit for every 10pips. Meaning, EA take profit at 1.0015, it will close position and BUY again at 1.0015, if trend still going up, EA will close at 1.0025 and BUY at 1.0025 and so on.
In reverse case, if TPPips (10pips) don't hit, but hit SLPips (10pips), it will close at SL price and start to SELL. Same, EA will count for 10 pips to chase for downtrend.
The same case as BUY, it will keep on targeting TP and SELL at every 10pips until it hit SL, to BUY again.
Please put in Trailing stop as well.
TPPips = 10;
SLPips = 10;
Trailing stop = TRUE/FALSE; default is 20 pips
*If trailing stop = TRUE, EA won't take profit every 10 pips, (say is BUY) it will wait until trailing stop SL then EA will SELL for next trade.
Thanks very much...
once i have seen this type of EA....
Search "Grid EA" you will find many
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