Experts: Hans123_Trader v2

[Automated-Trading]

Hans123_Trader v2:

Pending Buy Stop and Sell Stop orders. The EA trades in the specified time period. Determines the highest and lowest prices in the specified range of bars. Position trailing.

A further development of the first version Hans123_Trader.

The Expert Advisor places pending Buy Stop and Sell Stop orders. To place an order, the EA searches for the highest and lowest price within the given range of bars (set to 80 in this code). Buy Stop orders are placed at the highest price, Sell Stop orders are placed at the lowest one.

The lifetime of pending orders lasts until the end of the current day. Once any of the pending orders triggers, all other orders are deleted.

Author: Vladimir Karputov

[moneyfoundbymichael]

Since about one week ago I have been forward testing this EA that has been around a while with 0.01 on M12. Thanks to Mr. Karputov for sharing so much code on these threads. 

I am using pairs EUR/USD, NZD/CHF, GBP/JPY and AUD/CAD with an ECN dealer with 3 and 5 digits.

I have adjusted the Stop Loss, Take Profit, Trailing Stop and Trailing Step for each pair according to the change in the 120ATR from the base pair (EUR/USD) set at the default parameters. see below:

	HANS 123 TRADER V2
	Symbol	ATR (120)	FACTOR	SL	TP	TRAILING STOP	TRAILING STEP
	EURUSD	56		50	50	10	5
	NZDCHF	39	0.6964285714	35	35	7	3
	GBPJPY	114	2.035714286	102	102	20	10
	AUDCAD	46	0.8214285714	41	41	8	4

I trade the times that are active and filter out the slow times. The active times for me are 3:00AM est - 2:00PM est. This EA uses the server time of your dealer that's on your chart. 

I have experienced a maximum adverse excursion of around $100.00 thus far after one week.

I just thought I would share... but these numbers are very preliminary as many more months of forward testing need to occur. 

M

[Vladimir Karputov]

moneyfoundbymichael :

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Thank you for your experiences.