Forex signal generator - page 121
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Daily Forex Signal Monday 11 JAN 2010
D20P BUY A GBP/USD 1.6037
take profit 1.6057
stoploss 1.6007
CLOSE NOT TOUCHED +0 PIPS
Daily Forex Signal Tuesday 12 JAN 2010
D20P SELL A GBP/USD 1.6096
take profit 1.6076
stoploss 1.6126
CLOSE PROFIT +20 PIPS
Daily Forex Signal Wednesday 13 JAN 2010
D20P BUY A GBP/USD 1.6160
take profit 1.6180
stoploss 1.6130
CLOSE PROFIT +20 PIPS
What parity profit/loss on your system of signals in a current of last 6 months?
Daily Forex Signal Thursday 14 JAN 2010
D20P BUY A GBP/USD 1.6260
take profit 1.6280
stoploss 1.6230
CLOSE PROFIT +20 PIPS
What parity profit/loss on your system of signals in a current of last 6 months?
You can visit the result page at Forex Result | daily20pip.com
You can visit the result page at Forex Result | daily20pip.com
Thanks
I need history data for EURUSD !! please !!
I need history data for EURUSD !! please !!
D20P_Major_Pips_v061 ..DerekC - Question
Hi Derekc,
I have been backtesting your EA today and my results are not so good over the last 12 months. I don't understand how to use your session time settings. How would I set it to use the standard D20P times which are 0600 to 1800 London time? Also do I need your other indicators loaded on to the D1, H1 and M1 charts or is it enough just to have the compiled indicators present on my MT4. Finally, is there an option just to set lot size rather than have the EA calculate position based on risk %?
Cheers,
MattHi paijolopez,
I have set up the ea to follow the rules as per the 20dp system. The code can be found in the EA under the section "//Calculate 20P pending entry prices"
The EA will place a sellstop or buystop order at the start of the trading session.
The EA will handle an extra decimal place on the quote value, Alpari
has recenly introduced this. (GBPUSD = 0.00001). Also if the pair has 2 or 3 digits like USDJPY.
The orders are set to expire at the end of the trading session as specified or after 5 hours from opening if they are not hit.
The EA is limited to take only max of 1 OP_BUY or OP_SELL trade per day, if the we already have had 1 OP_BUY or OP_SELL no more orders will be placed until the next day. This code can be found in the EA under the section "//Test how many trades have been taken for the day, we must only do 1 trade per day"
This EA also has the functionality to palce long and short stop orders and cancel the other when becomes an open order although this is not necessary with the 20dp system.
If you want to test on other pairs then simply drop the EA on the chart, you will need an M1, H1 and Daily chart open. Also the variable values will need to be altered to suit.
The meaning of the variables is as follows:
_MagicNumber
Is the unique number assigned to the order so the EA can manage the order, this will allow trading of multiple pairs.
Loss and profit targets
StopLoss1 = 30;//distance to StopLoss in points (0 - disable)
TakeProfit1 = 20;//distance to TakeProfit in points (0 - disable)
TrailingStop1 = 150;//Trailing Stop in points (0 - disable), we are not using a trainig stop in the 20DP system so it is set to a high level or just make it = 0 to disable it.
Level1=21;// A level as specified in the 20DP rules
Level2=41;// B Level as specified in the 20DP rules
Money management
risk1 = 8;//This is the % loss of your account balance you would like to risk. The EA will calculate the number of lots needed in order to risk x % of the account value if the stoploss is hit assuming the account is USD.
Currently In the EA the default number of lots is = 1 for testing purposes, this is under the "//Money management" section.
Set session time period//
This gives us the option of specifying during which hours of the day you want to trade when the volumes are the highest. You can have 2 trading sessions if needed. as below.
Afternoonst = 6;//Session open, maybe Europe US market open
Afternoonend = 17;//Session close, maybe Europe US market close
Morningst = 6;//Session open, maybe Asian market open
Morningend = 6;//Session close, maybe Asian market closeDerek..Thank you for a useful tool for this strategy. I have one or two queries that you may be able to help with. The first is summed up in the attached screenshot..where the EA appears to be calculating incorrect Low and Open prices that differ from both your excellent indicator and the published pivot calculation for the day. Is it a bug? in the text label? or in the overall EA operating calculations? OR am I missing something?
Im commencing a forward comparison test against the official figures (which Im happy to share here) and would like to iron out any glitches before starting. My thanks of course also to paijolopez for the original strategy.
Daily Forex Signal Friday 15 JAN 2010
D20P BUY A GBP/USD 1.6330
take profit 1.6350
stoploss 1.6300
CLOSE LOSS -30 PIPS