Cat of Nine Tails

[Beno]

Time Frame 1Hr

Enter long if price over open Enter sell if price below open at the time slots below

1 min = 59 Lot size 0.01

2min= 58 Lot size 0.02

3min=57 Lot size 0.03

5min=55 Lot size 0.04

8min=52 Lot size 0.05

13min=47 Lot size 0.06

21min=39 Lot size 0.07

34min=26 Lot size 0.08

55min=5 Lot size 0.09

Exit close all on the open new bar and restart sequence

I am using the Close all script and the new bar countdown timer to manually trade this

Try it you might like it

Place the b clock in the indicators folder

place the close all in the scripts

[Jack2000]

could you please give an example with chart? thank you

[Beno]

Gidday Jack2000

just started a new bar

[Jack2000]

What you do if price = open price? what is the best pair and when is the best time to trade?

[Beno]

any pair and 1 hr time frame

[KennyRogers]

What exactly is the edge in this strategy?

[Beno]

Gidday Kenny

There is no real edge it is just an idea I am trying out.

but imho most bars have a general trend direction an this is trying to take advantage of this.

We can not predict what price is going to do we can only have a general idea.

There are no indicators bar patterns etc just a time factor the start of the hour bar. my reasoning be hind the sequence was that in my quick observations with in the first couple of mins of a new bar open the price can swing either side of the open hence the lower lot size and it starts to settle down after about 5 mins. So I used a fib sequence.There are exception to that eg pin bars where the open and close are at the same price level.

so its' just an experiment

Cheers

Beno

[[Deleted]]

Open Order EA for time intervals

Hello,

I need your help. I need following EA for a micro account

The EA should open orders on time intervals (for example: open buy order every hour, or ervery 4h and so on)

it should have the possibility to set tp and sl

if one order still open, the EA should not open a new order.

if one order is stopped out, than the next order should have the double size

(first order 0,02 Lot = SL, than the next order should have 0,04)

but this should be limited to 5 trials (variable)

it the tp is reached, than the system should start new. Or if the limited of the trials is reached, than the ea should start new.

But only every hour. So if one order TP or SL at 8:30 than at 9:00 the system should set the next buy order.

could anyone help me please.

I am sorry for my bad english.

Kind Regards

Rafael

if after

[Beno]

I have change my idea a small bit and I am looking for a script to open a position every min.

Below is the type of signal I hope to generate.

if ( time= 60 && Bid > Open[0]) Long = true;

if ( time= 60 && Ask < Open[0]) Short= true;

Any help would be great.

Cheers

Beno

[Beno]

I am looking to use this to track the previous open position

int cnt, ticket, total;

bool openable = true;

for(cnt=0;cnt<HistoryTotal();cnt++)

{

OrderSelect(cnt, SELECT_BY_POS, MODE_HISTORY);

if(OrderSymbol()==Symbol()&& OrderMagicNumber()==MagicNumber)

{

int lastopentime = OrderOpenTime();

if(lastopentime>iTime(Symbol(),0,0))

openable = false;

else openable = true;

}

}