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Thread: Lehman Bank Traders Algorithm [REQUEST]

  1. #11

    Default

    Any time frame is fine. You could put some time filters in if you wanted to encapsulate only certain periods.

    Some ideas:

    1) deploy the EA just before a news release and TP at a point of support / resistance.
    2) deploy the EA on a penetration of the 2 or 4 HR bollinger bands
    3) deploy the EA in a tight range setting prior to breakout with some type of volatility filter.......

    There is tons that could be done with this entry method. Other EAs could call up this EA as a executing function, ect.............

    D.

  2. #12

    Default

    I know it is not what you are actually after, but why worry about news? The EA can trade on 5 minute intervals, simply add buy bid with sell bid, divid by two. If the number is below the price, place sell, if above buy. set a small TP and let it go. I originally thought this was what you were talking about.

  3. #13

    Default

    Hello

    What Level value shall be used for this EA?
    Originally it is set on 1.395 . What does it mean? Shall it be changed for every date , time? How to establish this level before starting the EA? What is shift value? It is set for 1.
    Thank you guys for your help in dvance.
    Last edited by duos-speculos; 05-06-2010 at 13:38.

  4. #14

    Default

    Hi duos-speculos:

    The 1.395 is the current level of price. Set it to the current level prior to deployment of the EA. Ignore shift value or set it to 0.

    Cheers !

    D.




    Quote Originally Posted by duos-speculos View Post
    Hello

    What Level value shall be used for this EA?
    Originally it is set on 1.395 . What does it mean? Shall it be changed for every date , time? How to establish this level before starting the EA? What is shift value? It is set for 1.
    Thank you guys for your help in dvance.

  5. #15

    Default

    why worry about news? The EA can trade on 5 minute intervals, simply add buy bid with sell bid, divid by two. If the number is below the price, place sell, if above buy. set a small TP and let it go. I originally thought this was what you were talking about.

  6. #16

    Default

    Sorry , but I still do not understand how to use this EA. If I open my MetaTrader and want to start dealing - what price level shall be set? The most recent one? Please help me.

  7. #17

    Default

    The EA can trade on 5 minute intervals, simply add buy bid with sell bid, divid by two. If the number is below the price, place sell, if above buy. set a small TP and let it go. I originally thought this was what you were talking about.

  8. #18
    Junior Member
    Join Date
    Jun 2010
    Posts
    13

    Default

    I analyzed that EA and would give an idea, create two levels, one for buying and selling to another, in the middle of these two nveis the market is out to set the trend of the period, I would avoid many stops.

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bollinger, breakout, ecn, eurusd, funyoo, how to, level, metatrader, news, request, research, resistance, simple, spread, stop, strategy, support, time, trailing, trend

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