Hoichoi EA

[fxozgirl]

I'll set it up on a demo too...thanks for sharing

[joancb]

I'll set it up on a demo too...thanks for sharing

You're welcome, it was an idea of a FF member named Hoichoi

[spyderman]

Thanks for the EA.

How is the TP selected for the trades

[joancb]

You're welcome

TP is selected at inputs tab ("Profit") when it reaches the amount of money (account base currency) desired it close the trade.

I'm still having some problems with opening orders when the price is close or over the maximum of the PC and close or below the minimum of the PC...

[John]

Joancb,

Thank you for the EA... I really like this concept. Just to clarify, the EA will take all qualifying engulfing bars into consideration for trades, correct? Or does the EA only look for the pattern based on the server hour time? Sorry, I am a little confused as far as why we have to input our server time, although I do understand the purpose of the server-minute, so as to avoid trade context busy errors, etc. Thanks in advance for the clarification!

[joancb]

Joancb,

Thank you for the EA... I really like this concept. Just to clarify, the EA will take all qualifying engulfing bars into consideration for trades, correct? Or does the EA only look for the pattern based on the server hour time? Sorry, I am a little confused as far as why we have to input our server time, although I do understand the purpose of the server-minute, so as to avoid trade context busy errors, etc. Thanks in advance for the clarification!

You're welcome...It would not strictly take into consideration engulfing bars, it will put a PO above the max and below the minimum of the previous bar, when the server hour and minute arrives.

I hope this make sense to you,

cheers!

[John]

Joancb,

Thank you for the EA... I really like this concept. Just to clarify, the EA will take all qualifying engulfing bars into consideration for trades, correct? Or does the EA only look for the pattern based on the server hour time? Sorry, I am a little confused as far as why we have to input our server time, although I do understand the purpose of the server-minute, so as to avoid trade context busy errors, etc. Thanks in advance for the clarification!

You're welcome...It would not strictly take into consideration engulfing bars, it will put a PO above the max and below the minimum of the previous bar, when the server hour and minute arrives.

I hope this make sense to you,

cheers!

So basically, it does both? It looks for Engulfing patterns AND places POs at the server time input? Is that correct? Thanks...

[John]

Joancb,

Thank you for the EA... I really like this concept. Just to clarify, the EA will take all qualifying engulfing bars into consideration for trades, correct? Or does the EA only look for the pattern based on the server hour time? Sorry, I am a little confused as far as why we have to input our server time, although I do understand the purpose of the server-minute, so as to avoid trade context busy errors, etc. Thanks in advance for the clarification!

You're welcome...It would not strictly take into consideration engulfing bars, it will put a PO above the max and below the minimum of the previous bar, when the server hour and minute arrives.

I hope this make sense to you,

cheers!

So basically, it does both? It looks for Engulfing patterns AND places POs at the server time input? Is that correct? Thanks...

EDIT: Nevermind, I've got it now... has nothing at all to do with Engulfing Bars other than if the bar happens to be one at the time the POs are placed. Ok, sorry for the confusion!

[joancb]

EDIT: Nevermind, I've got it now... has nothing at all to do with Engulfing Bars other than if the bar happens to be one at the time the POs are placed. Ok, sorry for the confusion!

XD

[joancb]

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