EA for OR breakout

[fabiogolab]

Hello,

 

I need EA to my strategy.

 

The rules are as follows:

 

- TF is a 15 min

 

- The scope of the first candle after the opening of London is our Opening Range.

 

- We play a short position below the bottom line of the OR, a long position above the top line of the OR.

 

http://screenshooter.net/6948617/jgyglmh

http://screenshooter.net/6948617/jgyglmh

 

I would like to the following parameters can be changed:

 

- Stop Loss

- Take Profit

- Position Size

- Filter

 

I also need Moving Average that is calculated in a certain range of time only. For example from 8:00 to 13:00.

 

Greetings from Poland.

[fabiogolab]

This is results from last week for 2 strategies.

 

Strategy 1: First breakout from OR, TP: 10 pips, SL 10 pips. - marked in blue

Strategy 2: First breakout from OR, TP: 50 pips, SL=OR - marked in green

 

http://screenshooter.net/6948617/ukhsigr

 

I have results from 2 months and both strategies were in profit.

 

 

How to add image to post?

Edited March 11, 2012 by fabiogolab

[eatsheetandmultiply]

Looking at your results I see sometimes you have a 0 pip day. How does that happen?

[freddy]

@ fabio,

 

I think you can use this straddle ea which can do the work, please, share your settings once you find something profitable! ;)

 

look at post#2:

 

http://www.forexfactory.com/showthread.php?t=17993

 

 

Edit: :-O Sorry, it won't do the work you want as it places orders based on price + a buffer (distance from price) and not from H or L.

 

Try this one instead, which I think will be better for your needs:

 

http://www.forexfactory.com/showthread.php?t=247220

:P

 

 

 

 

 

@eat...007 ;)

 

I suppose that once the first strategy has made its profit, the SL is moved to BE for second strategy.

Edited March 12, 2012 by freddy
new link added

[freddy]

fabio,

 

if you put this: http://screenshooter.net/6948617/jgyglmh

between

 

you get:

http://screenshooter.net/6948617/jgyglmh

 

If you right click on your image and open it in a new tab, you get a new adress:

http://screenshooter.net/data/uploads/bf/oq/iolv.jpg

 

and then between , you get this:

 

http://screenshooter.net/data/uploads/bf/oq/iolv.jpg

 

 

:D

[MickyMouse]

Basically, would really love to know how he get to the 0 stop loss from time to time . Looking at the posted image , he has sometimes +10 on first entry and -25 on second. so he does not move sl to be after exiting first trade . Second point , i actually looked over the trades he posted, for the 5 days , many of them are highly inaccurate as in , they would have ended up in a loss not tp . Coding an ea is very simple, still this system needs to have some money management rules and filters to be able to get the results that he posted. So , would like to know them :D

 

Also on the AUDUSD chart , is very nice written , filter in this case = 1 pip .... are there any other cases? how we define those cases?

[fabiogolab]

I tested 2 options.

first one is simple (TP 10), open position at breakout from OR with SL=10 pips and TP=10 pips (R/R 1:1). Possible results is 10 or -10.

Seconde one (TP 50), open position at breakout from OR where SL=OR and TP=50 pips, when price reach 20 pips profit than move your SL to BE (my 0 in attached table).

 

I will try describe more specific this strategy soon. I need more time than you guys to write understandable post in english.

 

Thanks for your reply.

 

P.S. MickeyMouse, could you send me your email address? I cant send PM to you. I have less than 15 posts.