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gap trades
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3965		 Page 2 of 2
Author:  TambaTrader [ Wed Dec 03, 2014 11:16 am ]
Post subject:  gap trades
Aus,

Do you use a stop loss and where do you put it? I have tried with stop losses and often it loses but then comes back to close the gap and I would have won without the stop loss.

I am also testing the ALR EA instead of a stop loss and that hasn't lost yet but when it does it will be a bigger loss. It will therefore take a long time to be sure this is a good strategy. Plus it ties up your account from more manual trading on that currency pair.

Shona
Author:  milanese [ Wed Dec 03, 2014 11:21 am ]
Post subject:  gap trades
Aus67 » Wed Dec 03, 2014 7:03 am wrote:
Hi Tommaso,

I know this is an old thread but I was hoping to try the Gappy EA with the new version of Empty4.(600+)

It looks as though it is compiled for earlier versions of Empty4. Is it possible to recompile this EA for the new version of Empty4 ?

Thanks for all of your great work !!

Cheers for now
Aus67
Here you go, I fixed the TakeProfit problem mentioned in the thread and I did some little fixes..
Use the Gap inputs to set which days you want the EA trades OOTB setting will trade at the weekstart with GMT+2/+3 brokers like GlobalPrime
Gappy_newMT4.mq4
Cheers :)

Tommaso
Author:  Aus67 [ Wed Dec 03, 2014 11:31 am ]
Post subject:  gap trades
TambaTrader » Wed Dec 03, 2014 9:16 pm wrote:Aus,

Do you use a stop loss and where do you put it? I have tried with stop losses and often it loses but then comes back to close the gap and I would have won without the stop loss.

I am also testing the ALR EA instead of a stop loss and that hasn't lost yet but when it does it will be a bigger loss. It will therefore take a long time to be sure this is a good strategy. Plus it ties up your account from more manual trading on that currency pair.

Shona
Hi,
No I do not use a stop loss. But I do monitor all trades closesly and never over leverage! It is a slow steady income, not a get rich quick thing. I use a one hour chart and look for consolidation /support resistance etc.

Pretty much all trades are closed out within a day or two. A couple of months back the gaps were there for several days. But they always will eventually close.

Sorry, I am not familiar with the ALR EA.

I enjoy the monday gap trading, then leave the markets alone. Seems to work! Less chance to give back the profits.
Author:  Aus67 [ Wed Dec 03, 2014 11:32 am ]
Post subject:  gap trades
milanese » Wed Dec 03, 2014 9:21 pm wrote:
Aus67 » Wed Dec 03, 2014 7:03 am wrote:
Hi Tommaso,

I know this is an old thread but I was hoping to try the Gappy EA with the new version of Empty4.(600+)

It looks as though it is compiled for earlier versions of Empty4. Is it possible to recompile this EA for the new version of Empty4 ?

Thanks for all of your great work !!

Cheers for now
Aus67
Here you go, I fixed the TakeProfit problem mentioned in the thread and I did some little fixes..
Use the Gap inputs to set which days you want the EA trades OOTB setting will trade at the weekstart with GMT+2/+3 brokers like GlobalPrime

Cheers :)

Tommaso
Wow! Cheers Tommaso.

Thank you so much! I will keep everyone posted with results and hopefully something good to share!

Aus67
Author:  TambaTrader [ Wed Dec 03, 2014 10:39 pm ]
Post subject:  gap trades
I am going to try this EA too. Thanks from me too Tommaso.
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