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Thread: Open Price Action EA

  1. #1
    Administrator funyoo's Avatar
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    Default Open Price Action EA

    If the opening price of the current bar is higher than the opening price of the previous bar and that the price is over the 30 SMA, then we go long. We go short if the conditions are the contrary.

    EU H4. SL80 TP70 MM 1.1.

    Total net profit : 150.19%
    RDD : 28.28%
    Attached Images Attached Images Open Price Action EA-strategytester-open-price-action-ea-eu-h4-sl80-tp70-mm-1-1-gif 
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  2. #2

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    maybe better if on start up of expert advisors it waits for next cross otherwise it just enters at first price. also if only open 1 order per cross so it does not open new order if tp or sl hit?

  3. #3
    Administrator funyoo's Avatar
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    Quote Originally Posted by automatic View Post
    maybe better if on start up of expert advisors it waits for next cross otherwise it just enters at first price. also if only open 1 order per cross so it does not open new order if tp or sl hit?
    Here it is. But like that it is no more a "Open Price Action" EA, rather a Simple MA Cross EA.
    Attached Files Attached Files

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    Quote Originally Posted by funyoo View Post
    If the opening price of the current bar is higher than the opening price of the previous bar and that the price is over the 30 SMA, then we go long. We go short if the conditions are the contrary.

    EU H4. SL80 TP70 MM 1.1.

    Total net profit : 150.19%
    RDD : 28.28%
    funyoo...can you add this ea with time filter please.. thanks

  5. #5
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    Default Ad Hide TP & SL

    Hi, Funyo. I think you are great ! I've never seen website as good as yours in ea development etc.
    I think this ea would be great if you ad Hide TP & SL function.
    Thx, I really appreciate it.

  6. #6
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    Making it trade above and below MA30 or MA anything is a waste of pips!

    How to turn off/ignore the MA 30 part of this EA?

    I just want it to trade based on opening price compared to previous bar opening price.

    I do love working with and testing your EA's FunYoo. Brilliant stuff.

    Funyoo, have you considered adding an ATR module to this EA? That is, that it only trades when the last "n" bars have an ATR greater than "x" pips. This way the EA will only operate in active markets. Could you show me the code that adds ATR to EAs please. Most EA's suffer during thin markets.
    Last edited by dancingphil; 03-01-2010 at 07:25.

  7. #7
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    Funyoo,

    I know this is old thread, but could you modified your original EA with ECN and 5 digit capacity?

    OR if there is other similar EA (price action) with ECN and 5 dight ready on somewhere in forum?

    Thanks,

  8. #8
    Administrator funyoo's Avatar
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    Quote Originally Posted by wedhus View Post
    funyoo...can you add this ea with time filter please.. thanks
    Hi wedhus,

    Timefilter option added.

    Quote Originally Posted by ardia888 View Post
    Hi, Funyo. I think you are great ! I've never seen website as good as yours in ea development etc.
    I think this ea would be great if you ad Hide TP & SL function.
    Thx, I really appreciate it.
    Hi ardia888,

    Hide sl and tp added.

    Quote Originally Posted by dancingphil View Post
    Making it trade above and below MA30 or MA anything is a waste of pips!

    How to turn off/ignore the MA 30 part of this EA?

    I just want it to trade based on opening price compared to previous bar opening price.

    I do love working with and testing your EA's FunYoo. Brilliant stuff.

    Funyoo, have you considered adding an ATR module to this EA? That is, that it only trades when the last "n" bars have an ATR greater than "x" pips. This way the EA will only operate in active markets. Could you show me the code that adds ATR to EAs please. Most EA's suffer during thin markets.
    Hi dancingphil,

    Macross and atrfilter options added.

    Quote Originally Posted by 4x4me View Post
    Funyoo,

    I know this is old thread, but could you modified your original EA with ECN and 5 digit capacity?

    OR if there is other similar EA (price action) with ECN and 5 dight ready on somewhere in forum?

    Thanks,
    Hi 4x4me,

    Code updated.

  9. #9
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    Smile

    Hi funyoo!

    I am new at this forum. Will you make the expert advisor to the rule as follows:

    1. Used in GBP / USD with TF 1H
    2. Working as daily open

    3. Suppose the daily open at 1.6238, then buy lots 2/0.2/00.2 pending at 1.6238 + 20 points = 1.6258 and pending 2/0.2/00.2 sell lots at 1.6238 - 20 points = 1.6208 (lot can change in the input settings EA)
    4. Point Target 30 pips.
    5. Suppose pending buy (0.2 lots) is affected, then the pending sell modified into double (0.4 lots). If the pending sell well exposed, EA will open pending buy again 2 times as much more than sell orders (0.8 lots), and so on.
    6. When the target point is reached, then the EA will delete all pending orders accompanied alert notification that the target point has been reached.
    7. EA will return to work on the next open daily.

    I would be very grateful if you are willing to make the rule above the EA. Sorry for my English is bad.

  10. #10
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    Default

    Thank you, funyoo for adding this option to this EA.

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