Shelley, I don't know if this helps, but I found this in one of Bob's posts and copied it to the end of the auto-trader as a comment so I would not lose it - in case I decide to use it further down the line.

"This little gem saved from http://www.forexfactory.com/showthread. ... ost5661628

I found this out. The best time to TP was 2-3 hours into the jpy session. 1-2 hours before the usd session,
3-4 hours into the usd session and then if there is anything left a couple of hours before the jpy session.
These seem to be the peak times for price movement and then afterwards a holding pattern or retracement."

fxozgirl wrote:I'm reposting this from Steve, who re-posted it from Bob's thread at FF

Shelley, I don't know if this helps, but I found this in one of Bob's posts and copied it to the end of the auto-trader as a comment so I would not lose it - in case I decide to use it further down the line.

"This little gem saved from http://www.forexfactory.com/showthread. ... ost5661628

I found this out. The best time to TP was 2-3 hours into the jpy session. 1-2 hours before the usd session,
3-4 hours into the usd session and then if there is anything left a couple of hours before the jpy session.
These seem to be the peak times for price movement and then afterwards a holding pattern or retracement."

It might be worth keeping this in mind

garyfritz wrote:Turned it loose at 11am = 1pm NY time, and it worked like a charm. That may not be an optimal time to run the bot though, since 30 mins later ALL FOURTEEN POSITIONS were losing.

I'll see where it goes today, and set it up for London open tomorrow.

SWG123 wrote:

fxozgirl wrote:I'm reposting this from Steve, who re-posted it from Bob's thread at FF

Shelley, I don't know if this helps, but I found this in one of Bob's posts and copied it to the end of the auto-trader as a comment so I would not lose it - in case I decide to use it further down the line.

"This little gem saved from http://www.forexfactory.com/showthread. ... ost5661628

I found this out. The best time to TP was 2-3 hours into the jpy session. 1-2 hours before the usd session,
3-4 hours into the usd session and then if there is anything left a couple of hours before the jpy session.
These seem to be the peak times for price movement and then afterwards a holding pattern or retracement."

It might be worth keeping this in mind

No argument there, Shelley, as I stated earlier just stress testing, looking at what might happen in a worst-case scenario. No way I would advocate entering at that time but curious to see (in the absence of back-testing) how or whether recovery develops. My point is that observing behaviour under unfavourable conditions is essential so that we can defend ourselves against them.

fxozgirl wrote:

garyfritz wrote:Turned it loose at 11am = 1pm NY time, and it worked like a charm. That may not be an optimal time to run the bot though, since 30 mins later ALL FOURTEEN POSITIONS were losing.

I'll see where it goes today, and set it up for London open tomorrow.

Also, I use mptm BE 25 +3 which helps protect as well

SteveHopwood wrote: Shelley, the reason I coded this EA is that you appeared to be saying that you traded the D1 Slope at 0.8/-0.8 at x start time, and closed the basket at 400/ish pips profit and you appeared to like the idea of my coding this when I suggested it.

Since then, I recall reading a post somewhere where you talk about using WOH as part of the trading decision.

Now you talk about using mptm 25/3.

It is a tad difficult to code an EA when the foundations that underpin it are moving. Cancel that. Coding the EA is easy.Making it useful is impossible.

So, does WOH and mptm 25/3 need adding to Shelley the EA? Or are these random whims that I can ignore?

Yes or no, please. Not, "Sometimes I do, sometimes I don't." Code cannot cope with ambivalence.

fxozgirl wrote:

SteveHopwood wrote: Shelley, the reason I coded this EA is that you appeared to be saying that you traded the D1 Slope at 0.8/-0.8 at x start time, and closed the basket at 400/ish pips profit and you appeared to like the idea of my coding this when I suggested it.

Since then, I recall reading a post somewhere where you talk about using WOH as part of the trading decision.

Now you talk about using mptm 25/3.

It is a tad difficult to code an EA when the foundations that underpin it are moving. Cancel that. Coding the EA is easy.Making it useful is impossible.

So, does WOH and mptm 25/3 need adding to Shelley the EA? Or are these random whims that I can ignore?

Yes or no, please. Not, "Sometimes I do, sometimes I don't." Code cannot cope with ambivalence.

3. If yes to #2, check to see if WOH (on daily chart) is indicating the same direction

Jemook wrote:Ok took my first batch just now. All positions are in profit 10 minutes after it placed the trades. This is very interesting!