Page 1 of 2 12 LastLast
Results 1 to 10 of 12
 9 Attachment(s)    

Thread: EOD Trading System EA

  1. #1
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,003

    Default EOD Trading System EA

    EOD Trading System EA based on the EOD Trading System.



    TP ( close all)

    I do have a split TP strategy also but on this post I will show just the close all scenario

    Targets are worked out by taking the ATR of the last 5 days and adding that average points total to my 'fill' price.My thinking behind this

    If the last 5 days have had an average move of 80 points why set a tgt of 30 ?

    If the last 5 days have had an average move of 30 points why set a tgt of 80 points ?

    Example

    Measure high to low of each day for signal candle and 4 days previous giving 5 days

    We end up with

    80 +70 + 100 +120 +30 = 400 now divide by 5 = 80

    We now have a TP of 80 pips which is the average this swap has moved in the last 5 day

    Our fill is 20000 so ur TP is 20080 easy peasy lemon squeezy

    A 'close all' on 5 day ATR is quick we only want a daily average move in our direction to close dont forget .. not much to ask ...with 10 or so swaps open you will be spoilt for choice and turning your money and account over which is the name of the game.

    Stop

    Stop is a couple pips below last swing low for longs last swing high for shorts

    When to take a trade

    What ever works best for you in your time zone I take 9pm here in the UK approx although my daily candle wont close for another 3 hrs ( midnight) Im sound asleep in nods vile by then so 9pm is fine for me its swing and rounds abouts on the fill it all evens out.

    Indicators

    CCI
    set to 40 HLC/3 line at 0.00

    Stoch
    set to K - 5 D - 3 Slowing -2 Price field low /high ma - simple ....line at 50

    Method

    This is simple stuff but with the stop at swing high or low we have a good support or resistance..also we only want an average move in our direction.

    Like all my systems identify the main direction and enter on a retracement

    If CCI above zero we look for long CCI below zero we look for short.

    Short

    CCI is below 0.00 stochastic moves above 50 and ticks down the tick down hasn't got to finish below 50

    Enter on a red candle,if green you can enter on the following day but no more and only if red

    Long

    CCI is above 0.00 stochastic moves below 50 and ticks up the tick up hasnt got to finish above 50

    Enter on a green candle,if red then you can enter the following day but no more and only of green

    Examples

    Here is a chart showing entries this example is on usdchf, i have highlighted one long and short to show position of indicators

    The blue lines are stop positions not exact but it gives you an idea of the swing high low stop.

    Without doing the maths we have a def loser on the 2nd arrow the rest look winners..

    I will post more and answer question when i can this method made me 6000 pips not so long ago I have moved the stop to swing high low FROM signal candle high low and it seems better

    Please use money management a large stop doesn't mean a large loss it means you trade smaller.. protect your account please traders...hehe
    First version without the rules concerning the TP and the SL.

    EU D1. SL90 TP90. Since january 2008.

    Total net profit : 12.20%
    RDD : 2.54%
    Attached Images Attached Images EOD Trading System EA-strategytester-eod-trading-system-ea-eu-d1-sl90-tp90-gif 
    Attached Files Attached Files

  2. #2
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,003

    Default

    EU D1. SL90 TP90. Parameters optimized. Since january 2008.

    Total net profit : 14.08%
    RDD : 1.86%
    Attached Images Attached Images EOD Trading System EA-strategytester-eod-trading-system-ea-eu-d1-sl90-tp90-opt-gif 
    Attached Files Attached Files

  3. #3
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,003

    Default

    EU D1. SL90 TP90. Parameters optimized. With MM Risk 10. Since january 2008.

    Total net profit : 440.11%
    RDD : 27.54%
    Attached Images Attached Images EOD Trading System EA-strategytester-eod-trading-system-ea-eu-d1-sl90-tp90-opt-mm-gif 
    Attached Files Attached Files

  4. #4
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,003

    Default

    And now the version that take in consideration the original rules for the TP and the SL.

    AutoSL & AutoTP set on True.

    EU D1. Since january 2008.

    Total net profit : 8.67%
    RDD : 8.17%
    Attached Images Attached Images EOD Trading System EA-strategytester-eod-trading-system-ea-eu-d1-original-rules-gif 
    Attached Files Attached Files

  5. #5

    Default

    Quote Originally Posted by funyoo View Post
    EU D1. SL90 TP90. Parameters optimized. With MM Risk 10. Since january 2008.

    Total net profit : 440.11%
    RDD : 27.54%
    Hi Funyoo!

    What were the parameters that were optimized? (Is it only SL, TP, and MM to achieve this result?)

    Have you only tested this on E/U? Do you think the 4 other major pairs will work good with this system?

    Thanks,

    Nicky

  6. #6
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,003

    Default

    Hi bnbb2004,

    Quote Originally Posted by bnbb2004
    What were the parameters that were optimized? (Is it only SL, TP, and MM to achieve this result?)
    Yes, that's correct.

    Quote Originally Posted by bnbb2004
    Have you only tested this on E/U? Do you think the 4 other major pairs will work good with this system?
    Yes, only on EU. Try and you will see for the other pairs. If you optimize the parameters, it should work.

  7. #7

    Default

    Ok, I'll try the G/U, U/CHF, and U/J...Thx!

  8. #8

    Default

    Quote Originally Posted by bnbb2004 View Post
    Ok, I'll try the G/U, U/CHF, and U/J...Thx!
    How is your forward testing on G/U, U/C and U/J?

  9. #9

    Default

    Quote Originally Posted by fxea View Post
    How is your forward testing on G/U, U/C and U/J?
    All of the data (statement) that I had on my pc is gone. So, I'll have to do some more tests on those pairs again...

  10. #10

    Question

    Quote Originally Posted by bnbb2004 View Post
    All of the data (statement) that I had on my pc is gone. So, I'll have to do some more tests on those pairs again...
    What happened?? Virus infect? God Bless your pc.

Similar Threads

  1. 3C+ Trading system
    By Vadim_m in forum Commercial manual systems
    Replies: 3
    Last Post: 02-18-2014, 05:33
  2. Max Trading System EA
    By missiya in forum Ideas for expert advisors
    Replies: 5
    Last Post: 11-24-2010, 12:33
  3. PipsFlush System F (Manual Trading System)
    By rstr in forum Commercial manual systems
    Replies: 1
    Last Post: 08-13-2009, 15:18
  4. Learn System Poacher Trading System
    By mehdisalehi in forum Technical analysis
    Replies: 2
    Last Post: 05-21-2009, 03:27
  5. EOD Trading System EA
    By funyoo in forum Expert advisors live statements
    Replies: 0
    Last Post: 11-13-2008, 16:11

Tags for this Thread

100, atr, average, candle, high, indicators, low, main, money, pips, profit, resistance, signal, simple, stochastic, strategy, support, system, systems, time, trading, trading system

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •