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Thread: EUR/USD H4 Candle EA

  1. #1
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    Default EUR/USD H4 Candle EA

    I would appreciate if you code this EA for me. It is a very simple strategy, It works on EUR/USD (Other pairs we can test). I prefer it on H4 time frame. We can try on other time frames too. I have posted this strategy on my blog. If we want good results better trade on EA than manually trading it.


    Currency Pair – EUR/USD (we can try on other pairs but because our SL is too conservative we must choose a pair with a very low spread)

    1. Time Frame - H4


    Thank you
    Last edited by gloriar; 04-09-2013 at 08:32.

  2. #2
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    Lightbulb

    Hi......

    Interesting Strategy,

    Please Backtest this, still development based on your Rule, give me a feed back for better logic and anything
    This Open price only EA model, and i think SL 5 pips is too tight, you can backtest this EA , Trailing stop default is 12 pips, TP 100 pips
    Last edited by akhmadfx; 04-09-2013 at 08:36. Reason: Remove Attachment

  3. #3
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    Talking

    This is First Revision, backtest this too,
    Revision 1 i just modified from model On Every New Bar EA to Model On every Tick EA,

    My backtest result is A lot of Order Hit SL (5 pips SL ),
    Last edited by akhmadfx; 04-08-2013 at 21:34. Reason: Remove Attachment

  4. #4
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    Default

    Thank you very much for your kind reply with EA. I will try them on and let you know the results soon.

  5. #5
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    Default

    Sorry I would have mentioned, SL+spread that is 5+spread and trailing stop must be 5 pips.
    Can you please add these features?

  6. #6
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    Default

    One more thing I have observed is trailing stop is dynamic. It must be fixed 5 pips. I will give you an example.
    Say I have a buy pending order at 1.3000 which triggers. The the SL is 1.2993 (if spread is 2 pips) if price goes 1.3005 then the SL will be at break even at 1.3000, If price moves to 1.3010 then the SL will be at 1.3005, if the price goes to 1.3015 then the SL will be at 1.3010. if price moves back 5 pips then our trade will close with 10 pips in profit.
    I prefer the tight SL because I want to have maximum of 6 trades per day and one one trade at a time so that we can have maximum leverage. I will have peace of mind that if trade goes against me, I might lose 7 pips and not more than that. I hope you can make these changes.
    Thank you very much for your interest and trying to create my dream EA.
    I hope this is going to be the best product.

  7. #7
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    Lightbulb IAM VERY SURPRISE AND THANK YOU !!!!

    Strategy tester result is great
    Last edited by akhmadfx; 04-09-2013 at 09:09. Reason: Delete some attachment

  8. #8
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    Default

    That is great would you mind to give me the EA which you made changes?
    Because I am actually waiting for this.
    The results are mind blowing I must admit.
    I worked on this day and night. Trust me on this. I took data of H4 chart for more than one year to cross check if it really works. (I did it on excell sheet)
    I will be waiting for the EA.

  9. #9
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    Default

    100% I agree with you.
    I will delete it now.

  10. #10
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    Default

    Can you also delete the rules from your reply to me?
    Can you please mail me the EA?

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