OILFXPRO double-quad b/o free version E A - page 2
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What broker is it set for the current preset time start and finish?
Does it matter about TF of chart?
Results will be different on different broker data, backtest is all the same because data is downloaded from alpari.
What broker is it set for the current preset time start and finish?
Does it matter about TF of chart?
Results will be different on different broker data, backtest is all the same because data is downloaded from alpari.Alpari
I hour charts
Try it on demo for a week forward test
Regards
El Cid
Would you know what the settings would be for fxdd or ibfx?
Cheers
Would you know what the settings would be for fxdd or ibfx? Cheers
FXDD is 1 hour ahead so need to change hours to
Determine the 07.00 CET – 8.00 CET High Low GBP/USD
& Determine the 08.00 CET – 9.00 CET High Low GBP/USD
Change mq4 file and forward test on demo for 1 week + cause this E A is not fully tested .
The quad b/o is the best one in terms of DD ?
Best regards
El Cid
ATTACHED CHANGED FILES
Basically, we are looking for the breakouts of the first hour of Frankfurt and London open, right?
Basically, we are looking for the breakouts of the first hour of Frankfurt and London open, right?
Yes
and let the profits ride
until midnight
unless take profit achieved of 120
Close on friday at 19 .00 manually as I am not sure of the code on E A for friday close
next week I may get updated E A
regards
El cid
don't waste time
El Cid,
Instead of this EA, give Hans123 a try..that EA is almost identical to this concept but with more bells and whistles and has been tested for 1.5 years in live testing. It is a successful EA, even though it has large draws at times. Hope this saves the community some time and if I find it in my EA archive I will post the latest version. I believe there was a huge thread on strategybuilderfx on Hans123. Good luck!
El Cid, Instead of this EA, give Hans123 a try..that EA is almost identical to this concept but with more bells and whistles and has been tested for 1.5 years in live testing. It is a successful EA, even though it has large draws at times. Hope this saves the community some time and if I find it in my EA archive I will post the latest version. I believe there was a huge thread on strategybuilderfx on Hans123. Good luck!
Speedster
with all due respect to you ,I think you are mistaken.The quad version of my strategy makes 10,000 pips over 3 years on backtests so Hans strategy is definitely not better.The version I have presented here is the free version wheras the advanced pro version is far better and produces around 18000 pips over 3 years
StrategyBuilderFX
Here is a study iGor put his butt in.After iGoR's conclusion the Hans suffered a very disastotous period od drawdowns since August 2006 ,almost 1700 pips drawdown
Regards
El Cid
El Cid, Instead of this EA, give Hans123 a try..that EA is almost identical to this concept but with more bells and whistles and has been tested for 1.5 years in live testing. It is a successful EA, even though it has large draws at times. Hope this saves the community some time and if I find it in my EA archive I will post the latest version. I believe there was a huge thread on strategybuilderfx on Hans123. Good luck!
The Hans strategy is inefficiient and out of date.
StrategyBuilderFX
we have a new pro version being compiled
regards
El Cid
Speedster
with all due respect to you ,I think you are mistaken.The quad version of my strategy makes 10,000 pips over 3 years on backtests so Hans strategy is definitely not better.The version I have presented here is the free version wheras the advanced pro version is far better and produces around 18000 pips over 3 years
StrategyBuilderFX
Here is a study iGor put his butt in.After iGoR's conclusion the Hans suffered a very disastotous period od drawdowns since August 2006 ,almost 1700 pips drawdown
Regards
El CidThere are few versions of Hans floating around. Some very good, some good and others simply very bad. I agree with you regarding the drawdown..Hans has very poor money management, but the idea of determining the high/low over a period is same as yours. Hans does it over 4 hrs, yours does it over 1 hr. Latest version 7.04 of Hans was modified by somebody and was doing really well for about 1 year. However, it took some huge hits. The breakout idea is good but solid money management is needed to make it work. A set SL and TP is simply not effective due to the constant change in market volatility. 35 pip stop for today is not going to work tomorrow, etc. I think this is what your pro version improves correct?