PipMaker v1 - Price action based EA - page 164
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Hi every one I have tried this EA but it is some time very dangerous could anyone tell me the best set for it
Guys.. is it possible to introduce a way so that pipmaker trades in the direction of the trade, rather than against it? It should only multiply orders if the trade is in the wrong direction?
How about a stochastic or CCI based indictors?
Live Experience on Alpari -> 35% since June 17, 2009
Pipmaker_V14 GBPUSD,M15 inputs: TradeShort=true; TradeLong=true; OpenOnTick=0; UseTMA=false; MAperiod=240; UseARSI=true; RSI_period=15; RSI_bars=14; ARSI_trigger=0.008; UseCCI=false; CCI_Period=60; CCI_lenght=60; cci_trigger=25; Use_iTrend=false; iTrendPeriod=60; ReverseDirection=true; MoneyMangement=true; MicroAccount=true; MaximumRisk=0.6; LotSize=0.01; LotIncrement=0.01; Multiplier=0; CounterTrendMultiplier=0; ProfitTarget=1; ProfitMode=2; ForcedStart=0; SL=0; AutoSpacing=true; StDevTF=240; StDevPer=14;
Ticket Open Time Type Size Item Price S / L T / P Close Time Price Commission Taxes Swap Profit
13013068 2009.06.17 18:06 balance USD #9600 989.98
13013069 2009.06.17 18:06 credit Credit Bonus campaign, value date: 2009.10.03 49.50
13042430 2009.06.18 10:50 buy 0.01 gbpusd 1.62572 0.00000 0.00000 2009.06.18 11:27 1.62257 0.00 0.00 0.00 -3.15
------
15110962 2009.09.02 09:26 buy 0.01 gbpusd 1.61343 0.00000 0.00000 2009.09.02 10:34 1.61470 0.00 0.00 0.00 1.27
15122321 2009.09.02 14:11 sell 0.02 gbpusd 1.62396 0.00000 0.00000 2009.09.02 14:16 1.62155 0.00 0.00 0.00 4.82
0.00 0.00 -0.75 368.72
Closed P/L: 367.97
Open Trades:
Ticket Open Time Type Size Item Price S / L T / P Price Commission Taxes Swap Profit
15117872 2009.09.02 12:08 sell 0.01 gbpusd 1.61817 0.00000 0.00000 1.62660 0.00 0.00 -0.02 -8.43
15130144 2009.09.02 16:58 sell 0.02 gbpusd 1.62507 0.00000 0.00000 1.62660 0.00 0.00 -0.05 -3.06
0.00 0.00 -0.07 -11.49
Floating P/L: -11.56
Working Orders:
Ticket Open Time Type Size Item Price S / L T / P Market Price
No transactions
Summary:
Deposit/Withdrawal: 989.98 Credit Facility: 49.50
Closed Trade P/L: 367.97 Floating P/L: -11.56 Margin: 9.74
Balance: 1 357.95 Equity: 1 395.89 Free Margin: 1 386.15
David.. Try backtesting your settings from August 2008 to january 2009. August and Decemeber were VERY bad months. If your settings can sustain what happened to the market back then, then you should continue.
January till today, this EA has been AWESOME. However, what happened last year can happen at any time and I would rather not have my gains wiped out.
Let us know.
expert based on price action
looking for expert advisor based on price action only
no indicators .
any recommendations ?
looking for expert advisor based on price action only
no indicators .
any recommendations ?Type in price action EA in the search box. You should get links to a bunch. Pipmaker will be one. I believe it started as a price action only EA, but indicators were added as a filter. I know there are well over 20 different versions of that EA alone.
So which EA are still usable at the moment? Is it the one on first post? Then we optimize it.
Guys, is it possible to make this EA trade only during the asian session or on certain parts of thr day? There is a pause trading function, but not sure how to use it. I read through the post and saw a post on how to prevent it from trading on specific days, but nothing about times.
Can you help please?
Thanks in advance.
Use the ceaseTrading parameter to set an-off once a day.
extern bool CeaseTrading = false;
extern string PauseTrading ="Pause Trading at Timeinterval";
extern int StartTime = 0;
//Example: Trading pause starts at day 15 hour 14, minute 30 (server time)--> input= 151430
extern int EndTime = 0;
Live Experience on Alpari: UPDATE -> 38.8% since June 17, 2009
15368495 2009.09.10 16:51 sell 0.01 gbpusd 1.66598 0.00000 0.00000 2009.09.10 17:26 1.66467 0.00 0.00 0.00 1.31
15374772 2009.09.10 20:02 sell 0.01 gbpusd 1.66819 0.00000 0.00000 2009.09.10 20:13 1.66692 0.00 0.00 0.00 1.27
0.00 0.00 -0.94 399.18
Closed P/L: 398.24
Open Trades:
Ticket Open Time Type Size Item Price S / L T / P Price Commission Taxes Swap Profit
15382848 2009.09.11 04:08 sell 0.01 gbpusd 1.66786 0.00000 0.00000 1.67002 0.00 0.00 0.00 -2.16
0.00 0.00 0.00 -2.16
Floating P/L: -2.16
Working Orders:
Ticket Open Time Type Size Item Price S / L T / P Market Price
No transactions
Summary:
Deposit/Withdrawal: 989.98 Credit Facility: 49.50
Closed Trade P/L: 398.24 Floating P/L: -2.16 Margin: 3.34
Balance: 1 388.22 Equity: 1 435.56 Free Margin: 1 432.22