Masa9390's-pivot

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stevenali
878
stevenali  

Hi all

before we talk about this EA, i want to introduce you that this EA is based on the methode at this link

https://www.mql5.com/en/forum/177482

and this EA is born from our friend MASA9390.. so i named this EA onto His name

anyway, i post my template methode here, so if you all make a backtest with visual mode you can see what my methode is.. this EA make a good entry,

and this is ALWAYS PLAY EA..

unfortunattely if we use only CUT and REVERSE style, we miss lot of pips and maybe this EA won't profitable anymore

so, because i'm not good programer, i try to find help from people who has it

IMHO this is what we need for this EA

1. this EA should open 3 Position at a time

2. if you use 1 standard lot, so it could be 0,3 lot each

3. 1 position follow cut and reverse style (LET it RIDE)

4. 1 position should grap pips by using tp 50pips at GBPJPY and EURJPY

5. 1 position using trailing stops about 50 pips. IMHO in GBPUSD

6. LESS LOTS = LESS RISK = LESS PROFIT?... we can add MM, it will increase lot as our equity rise and vicaversa

i use INTERBANKFX as my BROKER because its broker time is GMT 00

sure you can chose your tp, trailing, it's all up to you

try to backtest that EA and look at VISUAL MODE.. i believe you will understand what i mean.. and do't forget, load this methode template file

this is FOLLOW TREND EA, look at the chart please..

i posted

2ma_openingday.tpl

Masa9390_PIVOT.mq4 ====> EA

PrevDayAndFloatingPivot_O.mq4 ===>indicators

stevenali
878
stevenali  

anybody home?

et_phonehome_2
1389
et_phonehome_2  

How would one specify three mini-lots?

amaruenterprise
33
amaruenterprise  
et_phonehome_2:
How would one specify three mini-lots?

Also micro lots....I'm assuming this is not the finished version if I understand correctly. Unfortunately I'm not that advanced in programming just real simple things. Sorry but I can't wait to try it. Thanks Stevenali...

stevenali
878
stevenali  
amaruenterprise:
Also micro lots....I'm assuming this is not the finished version if I understand correctly. Unfortunately I'm not that advanced in programming just real simple things. Sorry but I can't wait to try it. Thanks Stevenali...

yes.. it's not final EA

and i do not have skill at programing too,

in my observation using 3 mini lots from january-august 20007, it make 50% plus

rising our account, using CUT and REVERSE style

but so many opportunities gone because after price move 60-80 pips, it reverse and make us lost

so i mean... this EA need 1 open to using CUT and REVERSE style

and at least 1 open using 50 pips target.... it can reduce DD, and rise our equity,

the scenario is if price move up to 60 pips and reverse, then we collect 50 pips and lost from other open position....

and its easy for gbpjpy...

you can see... i almost 1000 pips in 5 days using this methode....

Files:
probeturbo
10
probeturbo  

Looks good, I am going to run it in my live account at ibfx.

thanks steve

Yuri Predborski
561
Yuri Predborski  
stevenali:
the scenario is if price move up to 60 pips and reverse, then we collect 50 pips and lost from other open position....

If you "collect 50 pips" there will be days when you collect 0 pips and get double stoploss.

MANSTIR
300
MANSTIR  

My TZ-Pivot EA - problem

problem solved

jturns23
442
jturns23  

The problem with this EA will likely be the problem with most EA's.........keeping it out of a ranging market. I love the concept though!

revolt
31
revolt  

simple request...

hey guys.

i need a veeeeeeeery simple system. but i cant do it by myself

i wasted 5 days but at the end iam not able to prog this simple system.

okay here is what i need:

Pivotpoint @ daily

entry @ 5min chart

rules:

open long if 5min bar close above dailypivot

close long if sl -10pips or entry short

open short if 5min bar close under dailypivot

close short if sl -10 pips or entry long

thats it.

somebody please be so kind and help me.

big thanks anyway!

( sorry for my bad english )

revolt
31
revolt  
jturns23:
The problem with this EA will likely be the problem with most EA's.........keeping it out of a ranging market. I love the concept though!

thats right. so we need to increase the profit by let winners run!

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