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Monday Zone Break Out EA
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3282		 Page 5 of 22
Author:  milanese [ Sun Jan 19, 2014 3:17 pm ]
Post subject:  Re: Monday Zone Break Out EA
mirador » Sun Jan 19, 2014 3:15 pm wrote:
milanese » Fri Jan 17, 2014 2:22 pm wrote::hi:

Here is an alternative version with a new SL moving management for the TP3 trades.

in setting you will find new:
SetBEminPipTP3 sets the min distance price SL
The moving sl will start after the TP1 is reached.
MondayBreakoutEA_ModTP3.mq4
Cheers :)

Tommaso
Thanks Tommaso,

If it works well could we try this trailing SL feature at the start, before any TP is reached ?

But for now, I have a problem with Empty4 backtest. All data are processed but no trade. It's working with the older version but not the new one. Anyone else has the problem ?
Please check the AdvertisedSpread and use a number working with your broker (it is OOTB very low set at 0.8), resp. your backtest settings ;)

Cheers :)

Tommaso
Author:  mirador [ Sun Jan 19, 2014 10:13 pm ]
Post subject:  Re: Monday Zone Break Out EA
Thanks... I forgot to never use "current spread" on the weekend.
Author:  Nicastro [ Tue Jan 21, 2014 7:53 am ]
Post subject:  Re: Monday Zone Break Out EA
Hi,
I have the main version of EA on the GY and EY charts, pretty much OOTB, it took trades on Monday morning.
The trades have now moved in the right direction and the SL was moved to the open price.
I have some curious behaviour to report:-
Every time I open up the EA on the chart, without making any changes at all to the EA, the SL moves higher by about 11 pips.
Is this as it should be? Or is it a bug?
Please let me know
Author:  milanese [ Tue Jan 21, 2014 8:51 am ]
Post subject:  Re: Monday Zone Break Out EA
Nicastro » Tue Jan 21, 2014 7:53 am wrote:Hi,
I have the main version of EA on the GY and EY charts, pretty much OOTB, it took trades on Monday morning.
The trades have now moved in the right direction and the SL was moved to the open price.
I have some curious behaviour to report:-
Every time I open up the EA on the chart, without making any changes at all to the EA, the SL moves higher by about 11 pips.
Is this as it should be? Or is it a bug?
Please let me know
As this will always cause an reset of the EA it is not previsted to do like you do ;)

Cheers :)

Tommaso
Author:  Nicastro [ Tue Jan 21, 2014 9:29 am ]
Post subject:  Re: Monday Zone Break Out EA
Capito, Grazie
Author:  mirador [ Wed Jan 22, 2014 12:37 pm ]
Post subject:  Re: Monday Zone Break Out EA
Hi Tommaso,

Thanks for the new version, it gives better results from first tests. More tests are needed.

Cheers
Author:  AGT [ Sat Jan 25, 2014 11:36 am ]
Post subject:  Re: Monday Zone Break Out EA
I tried this bot for 3 weeks - the results didn't convince me. :roll:
Hmmm, yes maybe that's not enough time .... anyway, I'm using the NewCF7SR as my favorite bot atm.
Lets see how this grid is doing his job ... so far so good ... :good:

Anyone with better results for this Monday Zone BO EA ? Results documented by My FX Book links ?
Author:  mirador [ Wed Jan 29, 2014 12:52 am ]
Post subject:  Re: Monday Zone Break Out EA
I would like to start a reflexion about adding a smart trailing stop to MZBO strategy. It could definitely gain more pips if the EA can exit a trade when the trend change way as shown in this recent GBPJPY trade.

You will find attached a suggestion to add a smart trailing stop.

The numbers in the document are only for example. No calculation or algorythm test have been made yet.

I would appreciate your comments and please feel free to improve the concept.

Mirador
Author:  milanese [ Wed Jan 29, 2014 1:00 am ]
Post subject:  Re: Monday Zone Break Out EA
mirador » Wed Jan 29, 2014 12:52 am wrote:I would like to start a reflexion about adding a smart trailing stop to MZBO strategy. It could definitely gain more pips if the EA can exit a trade when the trend change way as shown in this recent GBPJPY trade.

You will find attached a suggestion to add a smart trailing stop.

The numbers in the document are only for example. No calculation or algorythm test have been made yet.

I would appreciate your comments and please feel free to improve the concept.

Mirador
Thank you for posting this, I will take a look at your concept and I hope to hear other suggestions too.

Cheers :)

Tommaso
Author:  milanese [ Sat Feb 01, 2014 7:13 pm ]
Post subject:  Re: Monday Zone Break Out EA
milanese » Wed Jan 29, 2014 1:00 am wrote:
mirador » Wed Jan 29, 2014 12:52 am wrote:I would like to start a reflexion about adding a smart trailing stop to MZBO strategy. It could definitely gain more pips if the EA can exit a trade when the trend change way as shown in this recent GBPJPY trade.

You will find attached a suggestion to add a smart trailing stop.

The numbers in the document are only for example. No calculation or algorythm test have been made yet.

I would appreciate your comments and please feel free to improve the concept.

Mirador
Thank you for posting this, I will take a look at your concept and I hope to hear other suggestions too.

Cheers :)

Tommaso
Hello,

I have looked at your concept, and it is for sure interesting, but it would make a completly new EA imo, something like a MondayBreakout merged with Marylin.

Cheers :)

Tommaso
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