Page 1 of 5 123 ... LastLast
Results 1 to 10 of 44
  16 16 Attachment(s)    

Thread: Candle Open Expert Advisor

  1. #1
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,011

    Default Candle Open Expert Advisor

    An EA based on an idea proposed by automatic :

    buy/sell condition attached to x pts from open of candle.

    if price x pts above candle open then buy 1 if price moves x pts below open [close buy position] sell one.

    only 1 position open at any time.

    when candle close then close buy/sell.

    repeat on open next candle.

    begin/end at time of day.

    usual parameters and comments.

    useful for day, 4h, 1 h candles.
    Attached Files Attached Files

  2. #2
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,011

    Default

    EU H4. On one year.

    XPipsUnderOver=40. Reverse=true.

    Total net profit : 13.64%
    RDD : 11.08%
    Attached Images Attached Images Candle Open Expert Advisor-strategytester-candle-open-expert-advisor-eu-h4-40-pips-gif 

  3. #3
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,011

    Default

    GU H4. On one year.

    XPipsUnderOver=80. Reverse=true.

    Total net profit : 17.90%
    RDD : 12.42%
    Attached Images Attached Images Candle Open Expert Advisor-strategytester-candle-open-expert-advisor-gu-h4-80-pips-gif 

  4. #4
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,011

    Default

    EY H4. On one year.

    XPipsUnderOver=140. Reverse=true.

    Total net profit : 23.33%
    RDD : 9.27%
    Attached Images Attached Images Candle Open Expert Advisor-strategytester-candle-open-expert-advisor-ey-h4-140-pips-gif 

  5. #5

    Default

    reverse would mean selling 1 at x pts when above open and buying 1 when below?

  6. #6
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,011

    Default

    Quote Originally Posted by automatic View Post
    reverse would mean selling 1 at x pts when above open and buying 1 when below?
    That's exact.

  7. #7

    Default

    i'm using it on 1hr chart with confirm order and no parameters and watching a 1 min chart with some ma's for confirmation of likely direction. that way not too many orders. otherwise its a bit of machine gun with the orders.

    so far so good.

  8. #8
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,011

    Default

    I have added a MA filter.

    XP="---------------- XPips Settings"; XPipsUnderOver=138; LM="---------------- Lot Management"; Lots=0.1; MM=false; Risk=10; Martingale=false; Multiplier=1.5; MinProfit=0; TSTB="---------------- TP SL TS BE"; SL=0; TP=400; TS=0; BE=0; EXT="---------------- Extras"; Reverse=true; Add_Positions=false; MaxOrders=100; MAFilter=true; MAPeriod=20; MAMethod=2; MAPrice=1; TimeFilter=true; StartHour=13; EndHour=23; Magic=0;

    EY H4. One year.

    Total net profit : 33.32%
    RDD : 4.17%
    Attached Images Attached Images Candle Open Expert Advisor-strategytester-candle-open-expert-advisor-ma-filter-ey-h4-gif 
    Attached Files Attached Files

  9. #9
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,011

    Default

    MM enabled.

    EY H4. One year.

    Total net profit : 460.51%
    RDD : 29.33%
    Attached Images Attached Images Candle Open Expert Advisor-strategytester-candle-open-expert-advisor-ma-filter-ey-h4-mm-gif 
    Attached Files Attached Files

  10. #10

    Default

    how does the MA filter modify opening orders? If open under MA only sell?

    thanks

Similar Threads

  1. Candle close - Expert Advisor
    By Sachse in forum Ideas for expert advisors
    Replies: 7
    Last Post: 04-18-2016, 22:09
  2. Candle Stick trading Expert Advisor - FREE TRIAL!
    By instafxsk in forum Commercial expert advisors
    Replies: 0
    Last Post: 12-05-2014, 09:54
  3. Candle Patterns Expert Advisor
    By funyoo in forum Expert advisors live statements
    Replies: 23
    Last Post: 07-28-2013, 09:56
  4. How program EA for to open order when candle open?
    By Fonscky in forum MQL programming
    Replies: 0
    Last Post: 08-19-2010, 22:56
  5. Candle Open Expert Advisor
    By funyoo in forum Expert advisors live statements
    Replies: 0
    Last Post: 01-15-2009, 19:22

Posting Permissions

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


GadgetVersus GadgetVersus France W3Ask W3Ask Brasil W3Ask Deutschland W3Ask Espaņa W3Ask France W3Ask Italia W3Ask Nederland