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Monday Zone Break Out EA
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Author:  milanese [ Wed Mar 26, 2014 3:01 pm ]
Post subject:  Monday Zone Break Out EA

mirador » Wed Mar 26, 2014 4:07 am wrote:
Yes I also have good results we this version. I was wondering if it's possible to set TP3 to reach more profit. It misses good wave too often ... but I know, we should not had too much risk.

Cheers
You mean the moving sl should start with the TP3 trades much later and with more distance needed to the actual price?

Cheers :)

Tommaso
Author:  zada [ Wed Mar 26, 2014 6:42 pm ]
Post subject:  Monday Zone Break Out EA

Hello - I would like to test this system but I have question. My broker is GMT=0 and due to time change first bar of week is 22:00 GMT. Will robot still operate with such? Also, is compatible with odd symbols such as EURUSDm - mini account?

Thank You,
zada :D
Author:  milanese [ Wed Mar 26, 2014 6:47 pm ]
Post subject:  Monday Zone Break Out EA

zada » Wed Mar 26, 2014 6:42 pm wrote:Hello - I would like to test this system but I have question. My broker is GMT=0 and due to time change first bar of week is 22:00 GMT. Will robot still operate with such? Also, is compatible with odd symbols such as EURUSDm - mini account?

Thank You,
zada :D
Hi zada welcome in the thread!

Look here http://www.stevehopwoodforex.com/phpBB3 ... 050#p88050
for the time setting thingy, and the EA should work with the symbol names your broker uses and too with mini account..
Cheers :)

Tommaso
Author:  mirador [ Wed Mar 26, 2014 10:04 pm ]
Post subject:  Monday Zone Break Out EA

milanese » Wed Mar 26, 2014 10:01 am wrote:
mirador » Wed Mar 26, 2014 4:07 am wrote:
Yes I also have good results we this version. I was wondering if it's possible to set TP3 to reach more profit. It misses good wave too often ... but I know, we should not had too much risk.

Cheers
You mean the moving sl should start with the TP3 trades much later and with more distance needed to the actual price?

Cheers :)

Tommaso
Yes thats what I mean. The price may hit SL3 more often but I bet it could grab more pips when in profit zone. I still have TP3X2 version running in demo and trade #3 does a good job.

Cheers
Author:  milanese [ Thu Mar 27, 2014 7:27 pm ]
Post subject:  Monday Zone Break Out EA

mirador » Wed Mar 26, 2014 10:04 pm wrote:
Yes thats what I mean. The price may hit SL3 more often but I bet it could grab more pips when in profit zone. I still have TP3X2 version running in demo and trade #3 does a good job.

Cheers
I don't think I will change the calculations for the TP3 moves as only in this way the three different open positions make sense.., TP1 is moved very, fast, TP2 slower and TP3 very slow, this is concept of the three TP strategy and it looks really good..

Cheers :)

Tommaso
Author:  milanese [ Fri Mar 28, 2014 10:06 pm ]
Post subject:  [UPDATE]Monday Zone Break Out EA

Hi all,

the SR indicator embed is completly rewritten, now this part works as intended.
MinPipDistanceForTakingTrade=250 here you set the min. distance the price must have to the next S/R zone in trade direction for taking the trade if too MA 240 trend is correct and the price has broken the zone. With MinHitsForUsingZone=4 you set the min. hit a SR zone must have to be used.

Edit fix in next post

Cheers and to all a great weekend :)

Tommaso
Author:  milanese [ Sun Mar 30, 2014 10:33 am ]
Post subject:  [Bugfix]Monday Zone Break Out EA

Hi all,

there were two minor bugs in the previous version please download and use this new version or the original strategy (on page 1) please read previous post for the SR indicator settings and post http://www.stevehopwoodforex.com/phpBB3 ... 050#p88050
for the time settings..
MondayBreakoutSR_F_6xx.mq4
Cheers :)

Tommaso
Author:  zada [ Mon Mar 31, 2014 11:45 pm ]
Post subject:  Monday Zone Break Out EA

Hello - robot is trading but open more than 1 order on same currency @ same price. :smile:

zada
Author:  milanese [ Mon Mar 31, 2014 11:51 pm ]
Post subject:  Monday Zone Break Out EA

zada » Mon Mar 31, 2014 11:45 pm wrote:Hello - robot is trading but open more than 1 order on same currency @ same price. :smile:

zada
yes that is intended as it uses three different TP and three different methods for managing the open trade :)

Cheers :)

Tommaso
Author:  zada [ Tue Apr 01, 2014 2:25 am ]
Post subject:  Monday Zone Break Out EA

milanese » Mon Mar 31, 2014 11:51 pm wrote:
zada » Mon Mar 31, 2014 11:45 pm wrote:Hello - robot is trading but open more than 1 order on same currency @ same price. :smile:

zada
yes that is intended as it uses three different TP and three different methods for managing the open trade :)

Cheers :)

Tommaso

Hmmm. That is interesting. I shall continue with testing this week. :)
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