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Monday Zone Break Out EA
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Author:  milanese [ Mon Mar 10, 2014 1:22 pm ]
Post subject:  Monday Zone Break Out EA

excalibre30 » Mon Mar 10, 2014 1:19 pm wrote: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?
you should use 2 as EndOfZoneDetermingHour

Cheers :)

Tommaso
Author:  SpiderX [ Mon Mar 10, 2014 1:51 pm ]
Post subject:  Monday Zone Break Out EA

milanese » Mon Mar 10, 2014 9:22 pm wrote:
excalibre30 » Mon Mar 10, 2014 1:19 pm wrote: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?
you should use 2 as EndOfZoneDetermingHour

Cheers :)

Tommaso
Hi Tommaso,

Can you elaborate how this value come about ?

Cheers
Author:  milanese [ Mon Mar 10, 2014 1:53 pm ]
Post subject:  Monday Zone Break Out EA

SpiderX » Mon Mar 10, 2014 1:51 pm wrote:
Hi Tommaso,

Can you elaborate how this value come about ?

Cheers
For the pairs EJ and UJ is so far used 6 for brokers with GMT(OOTB is set to 8 was GP set GMT+2), so GMT-4 will give 2, but every one can experiment with this setting..

Cheers :)

Tommaso
Author:  excalibre30 [ Mon Mar 10, 2014 2:02 pm ]
Post subject:  Monday Zone Break Out EA

That was quick. Thanks a lot. Waiting for next Monday to try this EA. :clap:
Author:  desmondc [ Mon Mar 10, 2014 5:06 pm ]
Post subject:  Monday Zone Break Out EA

Hi Guys.. I guess the biggest problem for everyone is the EndOfZoneDetermingHour. After reading all the links and the full thread over and over again I would like to summarized it once and for all.

MondayBreakoutSR_B_6xx.mq4 by default value for EndOfZoneDetermingHour=8.
So if your Broker is
GMT + 2 = MondayBreakoutSR_B_6xx.mq4 = 8
GMT = MondayBreakoutSR_B_6xx.mq4 = (8-2) = 6
GMT -1 = MondayBreakoutSR_B_6xx.mq4 = 5
GMT -2 = MondayBreakoutSR_B_6xx.mq4 = 4
GMT -3 = MondayBreakoutSR_B_6xx.mq4 = 3
GMT -4 = MondayBreakoutSR_B_6xx.mq4 = 2
GMT -5 = MondayBreakoutSR_B_6xx.mq4 = 1
*Please Correct me if I am wrong.

Ok that done and clear. Please read the whole thread to understand more. There are really good example in there.

----

First off Tommaso .. :hi: Hats to you on your patience and skills to handle all the evolving request in this strategy.

I've got a question..I cant seem to get the MondayBreakoutSR_B_6xx.mq4 working in the strategy tester. I see all the indicator; SR, moving indicator and bars but nothing opens for Buy or Sell. Is it because we can only do Forward Testing for the indicator?

Because i couldn't get anything on the MondayBreakoutEA_I on the strategy tester as well but i was lucky to leave it running and it started triggering an open short position this week for GBPUSD.

Just want to know if i am doing anything wrong as i been trying to back test it for days now and nothing ever get open.

-Dez
Author:  milanese [ Mon Mar 10, 2014 6:17 pm ]
Post subject:  Monday Zone Break Out EA

desmondc » Mon Mar 10, 2014 5:06 pm wrote:Hi Guys.. I guess the biggest problem for everyone is the EndOfZoneDetermingHour. After reading all the links and the full thread over and over again I would like to summarized it once and for all.

MondayBreakoutSR_B_6xx.mq4 by default value for EndOfZoneDetermingHour=8.
So if your Broker is
GMT + 2 = MondayBreakoutSR_B_6xx.mq4 = 8
GMT = MondayBreakoutSR_B_6xx.mq4 = (8-2) = 6
GMT -1 = MondayBreakoutSR_B_6xx.mq4 = 5
GMT -2 = MondayBreakoutSR_B_6xx.mq4 = 4
GMT -3 = MondayBreakoutSR_B_6xx.mq4 = 3
GMT -4 = MondayBreakoutSR_B_6xx.mq4 = 2
GMT -5 = MondayBreakoutSR_B_6xx.mq4 = 1
*Please Correct me if I am wrong.

Ok that done and clear. Please read the whole thread to understand more. There are really good example in there.

----

First off Tommaso .. :hi: Hats to you on your patience and skills to handle all the evolving request in this strategy.

I've got a question..I cant seem to get the MondayBreakoutSR_B_6xx.mq4 working in the strategy tester. I see all the indicator; SR, moving indicator and bars but nothing opens for Buy or Sell. Is it because we can only do Forward Testing for the indicator?

Because i couldn't get anything on the MondayBreakoutEA_I on the strategy tester as well but i was lucky to leave it running and it started triggering an open short position this week for GBPUSD.

Just want to know if i am doing anything wrong as i been trying to back test it for days now and nothing ever get open.

-Dez
Hi,
please check the AdvertisedSpread seeting and the spread you use for crappy backtester, if you set crappybacktester to 5 as spread (crappy uses points, EA pips) it should work OOTB, but important is to set this value to a value who works with your broker, OOTB is the set up for GlobalPrime (leaders in low spread)..

Cheers :)

Tommaso
Author:  mirador [ Mon Mar 10, 2014 11:43 pm ]
Post subject:  Monday Zone Break Out EA

milanese » Mon Mar 10, 2014 8:10 am wrote: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
Your broker time is also displayed at the top left corner of MZBO screen along with the small paypal donation for Steve Hopwood's Forum. By the way Tommaso, do you touch some of the donation if we feel generous ?

Cheers
Author:  milanese [ Mon Mar 10, 2014 11:47 pm ]
Post subject:  Monday Zone Break Out EA

mirador » Mon Mar 10, 2014 11:43 pm wrote:
Your broker time is also displayed at the top left corner of MZBO screen along with the small paypal donation for Steve Hopwood's Forum. By the way Tommaso, do you touch some of the donation if we feel generous ?

Cheers
this donations are for the this board :) it is this account stevehopwoodforex@gmail.com; account name Shelley, if you want to make some donation :xm: , you remebered me, that I should change the email ;)
Yes all my EA's are showing on the top left corner brokertime and your computertime ;)

Cheers :)

Tommaso
Author:  mirador [ Tue Mar 11, 2014 12:01 am ]
Post subject:  Monday Zone Break Out EA

milanese » Sat Mar 08, 2014 2:09 pm wrote:
mirador » Sat Mar 08, 2014 6:58 pm wrote:
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 ?
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
Thanks for this important information. I'm running 24/24 except for some electricity blackouts. Next time somebody has a trade open an other day then Monday, please let me know.

Cheers
Author:  nonlinear [ Tue Mar 11, 2014 3:52 am ]
Post subject:  Monday Zone Break Out EA

I hate blackouts. I have twice initiated long term tests on this EA only to have each terminated due to a power outage (which I get only a few times a year it seems). Bad luck or a prediction, lol?? Joy joy happy happy
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