Hi, today don't open any position?
it is normal other i have a problem whit this Ea? Sorry for my english and thank's!
a what kind of error message is this?
2009.01.30 08:11:19 Old tick GBPUSD15 1.42400/1.42430
2009.01.30 08:11:19 Old tick GBPUSD240 1.42400/1.42430
Been running tests on this and I'm impressed. I wonder what this would be like if we added the swing high swing low stops along with nearest 00 and 50 unless <swing high/low.
Funyoo, can you add to see what happens... still doing tests on other cowabunga ea at the moment. hope to have something tomorrow after the crunching finishes... =)
The EA works pretty good. Here is how we can improve this to be a great system.
Basically here is the notion I'm putting out there. The EA works on market momentum and executes a trade when the market is headed a particular direction what it seems not so good at it is determining when the market has changed. For example in forward tests after market open, I had a big hanger in GBPUSD, EA thought the market was trending up but the market changed directions... why? because of the H1 chart. After a lot of thought I have a solution that would eliminate the need for setting it to short only in a down market or manually adjust this to move up or down. The whole goal is to trade with the market and the daily open and close of the previous day is what we should be focusing on given that the EA is short term trading. It's very simple and based on inside bar breakouts on H1.
- If today's opening H1 bar (01:00 EST) closes over yesterday's close (00:00 EST), then only enter long trades.
- If today's opening H1 bar (01:00 EST) closes UNDER yesterday's close (00:00 EST), then only enter short trades.
Funyoo, can you add this to indicator to the EA with specifically these settings included?
- session opening time input
Thanks! Once the EA trades within the trend, it seems to do fine.
Iam a new one here. Can anybody help me in hot to setup the chart of GU to use the RSI Power EZ in the best way . I mean the settings of the 2 RSI inds.
Thanx for your help.