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| Monday Zone Break Out EA https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3282 |
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| Author: | mirador [ Sat Mar 08, 2014 2:32 pm ] |
| Post subject: | Monday Zone Break Out EA |
... ok but how many hours are in the candle that forms the zone and how many hours the EA waits to see if upper or lower limit is broken. Initial time settings from Michal in post 1 was start of the Australian session till start of London Session (usually 10 hours) to form the candle, then all week to break limits. Just trying to understand why the EndZoneDeterminingHour could be different from one pair to an other, specially with XAUUSD. Thanks again |
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| Author: | milanese [ Sat Mar 08, 2014 2:38 pm ] |
| Post subject: | Monday Zone Break Out EA |
This depends much on the pair, what setting will here the best, you should experiment with different settings.. and the last version is much different from the initial idea, best you will read the entire development thread http://www.stevehopwoodforex.com/phpBB3 ... =12&t=3224 Cheers Tommaso |
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| Author: | mirador [ Sat Mar 08, 2014 4:34 pm ] |
| Post subject: | Monday Zone Break Out EA |
I've read the developpment thread again. Not clear what were the last decisions. I've tried to read the code too but not very good at it. From what I understand, the zone is formed at the opening of the London session. Then if price breaks one zone limit, and all conditions are ok (taille zone, ADR, S/R...) then a trade is open. I don't find the delay to verify the conditions and open a trade. Is it one hour after London session ? |
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| Author: | milanese [ Sat Mar 08, 2014 5:09 pm ] |
| Post subject: | Monday Zone Break Out EA |
The zone is made from the first x H1 candles after trading start in the the new week. (x is the EndOfZoneDetermingHour. If there will be a breaktout through high/low of this zone( you see the values in the EA info as pending prices) and the other conditions are ok, the EA will open the positions. This could be one secound after, or xx hours after..Cheers Tommaso |
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| Author: | mirador [ Sat Mar 08, 2014 6:41 pm ] |
| Post subject: | Monday Zone Break Out EA |
Is there a maximum number of hours after ? Thanks for your patience |
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| Author: | milanese [ Sat Mar 08, 2014 6:47 pm ] |
| Post subject: | Monday Zone Break Out EA |
No problem, always better to ask as let the things in the dark Yes, after friday 8 pm servertime the EA wont open, and if there was an breaktout but other conditions aren't ok on that moment the EA will too not open anymore the trade(with the latest one only re-read please http://www.stevehopwoodforex.com/phpBB3 ... 158#p87158) Cheers Tommaso |
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| Author: | mirador [ Sat Mar 08, 2014 6:58 pm ] |
| Post subject: | Monday Zone Break Out EA |
With my demo accounts with 16 pairs, all orders have be taken on Mondays. I have never seen an order taken on other days of the week. Am I wrong ? |
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| Author: | milanese [ Sat Mar 08, 2014 7:09 pm ] |
| Post subject: | Monday Zone Break Out EA |
depends on markets I have seen taken orders on other days, but will only happen if your Empty4 platform runs 24/24 and 7/7, a platform restart will cancel the pending orders. Cheers Tommaso |
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| Author: | milanese [ Mon Mar 10, 2014 1:10 pm ] |
| Post subject: | Monday Zone Break Out EA |
For all who have problems to find out what time is their broker using, Radar has posted a great indicator that will easy give you an answer http://www.stevehopwoodforex.com/phpBB3 ... =27&t=2234 Cheers Tommaso |
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| Author: | excalibre30 [ Mon Mar 10, 2014 1:19 pm ] |
| Post subject: | Monday Zone Break Out EA |
Hi Tomaso, sorry. Really confused about the end of zone determining hour. My broker is using GMT -4 afaik. What should I put in there? |
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| All times are UTC | Page 15 of 22 |
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