Romanisti - Market Trapper

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Hi

I have make an very simple EA, not based on any indicator, just make a trap up & down after open market and close all trade after market close.

I have backtested it only on GBPUSD, open trade @ market open 09:00 CET, close all trade @ market close 17:00 CET if any open trade, from 01/7/2004-16/3/1007 with 90% MQ.

Looks good, $1000 growth to $150000(default setting).

Now i still forward test it..

Recommended:

The most important of this EA is Market Hour Setting

Use in pair GU and set market hour setting

StartHour = London market open.

EndHour = London market close.

if your broker is in

1. GMT, Set StartHour = 8, EndHour = 16.

2. GMT+1, Set StartHour = 9, EndHour = 17.

3. GMT+2, Set StartHour = 10, EndHour = 18.

Thnx

Gotenkz

EA Updated (16/03/2007)

Files:
romanisti_v1.3.mq4  5 kb
romanisti_v1.3.gif  6 kb
 

I'll forward test this but what time should I use? I'm in EST? Does it matter?

 
matrixebiz:
I'll forward test this but what time should I use? I'm in EST? Does it matter?

Use the London open, easy to make many PIPs.

 

Ok, thanks. So if this EA is in CET, is that what London is? Should I still use 9 open and 17 close? (Default)

 
matrixebiz:
Ok, thanks. So if this EA is in CET, is that what London is? Should I still use 9 open and 17 close? (Default)

CET is gmt+1 so, london must in your setting

starthour = 8, endhour = 16.

starthour is london market open, endhour is close..

 

Thanks, I'll change and see.

 

This runs on what time frame?

 
 
aegis:
This runs on what time frame?

the result when i backtested in 3 TF, M15, M30 & H1.. Looks good..

i'm use M30 to forward test it..

 
 
gotenkz:
CET is gmt+1 so, london must in your setting

starthour = 8, endhour = 16.

starthour is london market open, endhour is close..

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Hi Gotenkz

I am confused about, we hv to adjust on broker's time setting at MT4 platform. Not this time of my computer at my rigion ? If I am wrong, correct me.

So, for FXDD's platform what will be the opening & closing ??

Tks / GKBRIA

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