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Flat_001a

by Dr.Hamdi Boukamcha
Name:
Flat_001a
Author: basisforex (2010.09.16 08:19)
Downloaded: 3068
Download:
Flat_001a   Flat_001a.mq4 (5.1 Kb) View
EA works on Symbol = EURUSD and Period = H1

Flat_001a  Flat_001a

14 comments: 1 2   To post a new comment, please log in or register

BarrowBoy:

The strategy is good but the code has limitations in all places

So I plugged the idea into an existing professional EA and the result is this free Expert called ‘NightOwl’ that you can download here

The SpreadReporter 102 is still available from here

30.10.2010 17:38 BarrowBoy

basisforex:

Thank you for excellent comment.

You are welcome 🙂

Improved version SpreadReporter 102 from here

24.09.2010 10:13 BarrowBoy

BarrowBoy:

basisforex:

Dear Brian,

This Ea is a spread sensitive and good result is possible when spread is <= 2 pips. FXDD usually does not increase the spread in the “quiet hours” on the EURUSD.

To check this you might want to run something to monitor the actual variations…

Download this free but non-trading EA (SpreadReporter_101) from here
Prints Min Max Average Spreads to the Journal and/or file (located in the experts\files folder)
Outputs once per bar, use on H1 chart (or less) on any pair
Drag EA to the chart before or during market hours
Set Hours of operation if required
Select output options if required

FWIW

-BB-

Thank you for excellent comment.

22.09.2010 17:43 basisforex

basisforex:

Dear Brian,

This Ea is a spread sensitive and good result is possible when spread is <= 2 pips. FXDD usually does not increase the spread in the “quiet hours” on the EURUSD.

To check this you might want to run something to monitor the actual variations…

Download this free but non-trading EA (SpreadReporter_101) from here
Prints Min Max Average Spreads to the Journal and/or file (located in the experts\files folder)
Outputs once per bar, use on H1 chart (or less) on any pair
Drag EA to the chart before or during market hours
Set Hours of operation if required
Select output options if required

FWIW

-BB-

19.09.2010 13:43 BarrowBoy

BarrowBoy:
NB

This is very spread sensitive, so as most brokers these days increase their spread quite dramatically in ‘the quiet hours’, this isnt a winner

Keep in mind a backtest uses the spread thats live at that moment in the market

Try a test around 12:00 GMT and retest the same historical data around 24:00 GMT and see the difference 🙁

Use the Symbol Properties button to see the actual spread used for the whole of the test (backtesting uses this fixed spread throughout)

FWIW

-BB-

Dear Brian,

This Ea is a spread sensitive and good result is possible when spread is <= 2 pips. FXDD usually does not increase the spread in the “quiet hours” on the EURUSD.

18.09.2010 22:53 basisforex

NB

This is very spread sensitive, so as most brokers these days increase their spread quite dramatically in ‘the quiet hours’, this isnt a winner

Keep in mind a backtest uses the spread thats live at that moment in the market

Try a test around 12:00 GMT and retest the same historical data around 24:00 GMT and see the difference 🙁

Use the Symbol Properties button to see the actual spread used for the whole of the test (backtesting uses this fixed spread throughout)

FWIW

-BB-

18.09.2010 21:47 BarrowBoy

crashtestdummy:
hi

TakeProfit = 80;

this is TP 80 pips on 4 digits broker and TP 8 pips on 5 digits broker, which would give you error 130 resulting in not opening any trades. i havent tried your ea yet, but i think this should be the source of the problem descripbed in the first comment

This is TP = 8 pips on 4 digit broker ( TP = 80 pips on 5 digit broker).

18.09.2010 06:19 basisforex

hi

TakeProfit = 80;

this is TP 80 pips on 4 digits broker and TP 8 pips on 5 digits broker, which would give you error 130 resulting in not opening any trades. i havent tried your ea yet, but i think this should be the source of the problem descripbed in the first comment

17.09.2010 22:29 crashtestdummy

will check this out for myself to see how “crap” it is james.

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