Turbo Morning Trade EA

[Magicpip]

+10. Account is up 57%. More backtesting this morning. 25 TP, 100% closing, ADR False, exit 1 earned the most.

 

[fluegel]

I had stopped EA because of Easter holidays and resumed it on 3 May.

Here is this week's result.
(My settings: 6:30, SL50, BE20, TP30 (50%), ATR trailing=True, Coef. 3)

[FxPro]
3 May: TP#1 30 pips, TP#2 39 pips = 34.5 real pips
4 May: BE 0 pips
5 May: No trade
6 May: No trade
Week total: 34.5 real pips

[Forex.com]
3 May: TP#1 30 pips, TP#2 38 pips = 34 real pips
4 May: BE 0 pips
5 May: No trade
6 May: TP#1 30 pips, TP#2 42 pips = 36 real pips
Week total: 70 real pips

 

[ihelfman]

Magicpip,
Please explain "40 BE."

Thanks,
Ivan

45 SL, 25 BE, 5 Addpips, 40 BE, 5 Addpips, 30 1st TP, 98% closing, Exit 1, 45 2nd TP, ADR FALSE.

 

[Magicpip]

Magicpip,
Please explain "40 BE."

Thanks,
Ivan

That was the 2nd BE. Though I'm not using that setting. I'm going with 45 SL, 25 TP, 100%, exit 1, ADR False. 0 Offset pips entry.

 

[fluegel]

[FxPro]
9 May: No trade

[Forex.com]
9 May: No trade

 

[chrisandrews12]

Alpari UK no trade

 

[3PO]

Tadawul FX no trade

 

[Magicpip]

+25

 

[3PO]

+25

Did you get entry signal or decided to enter a position?
Anyway congratulations to you profit. 3PO

 

[Magicpip]

Did you get entry signal or decided to enter a position? I uploaded a *.set file with the settings I think You use. Can you check it for me, please?
Anyway congratulations to you profit. 3PO

It's 1:30 am here when it trades, and so it opened a trade automatically.

It won't upload. I use a variable time of 6:15 - 6:30.
0 pips offset entry. 45 SL, 25 TP. ADR False, Exit 1.


Symbol GBPUSD (Great Britain Pound vs US Dollar)
Period 15 Minutes (M15) 2011.03.27 23:00 - 2011.05.06 19:45 (2011.03.26 - 2011.05.07)
Model Every tick (the most precise method based on all available least timeframes)
Parameters __s1="----- Trading time --------------------"; TradingTimeFrom="05:15"; TradingTimeTo="05:30"; __s1.1="----- Entry type --------------------"; EntryType=1; EntryPipsOffset=0; LimitOrderExpirationHours=2; __s2="----- Stop Loss & Break even --------------------"; StopLossPips=45; BreakEvenAtPipsProfit=0; BreakEvenAddPips=0; BreakEvenAtPipsProfit2=0; BreakEvenAddPips2=0; __s3="----- First Profit target --------------------"; FirstProfitTargetPips=25; FirstTargetClosingPercent=100; __s4="----- Second Profit target --------------------"; SecondProfitExitStrategy=1; __s4_1="----- Second Profit target options --------------------"; SecondProfitTargetPips=0; TrailingStopPips=20; UseAtrTrailing=false; AtrTrailingPeriod=20; AtrTrailingCoef=1; ExitAtOppositeSignal=false; CandlesBack=3; CandlesSLOffset=15; __s5="----- Money Management --------------------"; Lots=0.1; UseMoneyManagement=true; LotsDecimals=2; RiskInPercent=5; MaximumLots=100; __s6="----- Stealth mode --------------------"; UseStealthMode=false; StealthModePips=15; __s7="----- Additional Filtering --------------------"; UseADRFilter=false; UseMomentumBoundary=true; UseLongCandleFilter=true; LongCandleLookBack=15; LongCandleAtr=20; LongCandleCoef=3; Monday=true; Tuesday=true; Wednesday=true; Thursday=true; Friday=true; __s8="----- Other Settings --------------------"; SendEmailAfterSignal=false; CCIPeriod=60; MomentumPeriod=60; VisualStopsMove=true; MagicNumber=12345; CustomComment="TMT"; LabelColor=White;

 

[3PO]

Thank You, Magic,

I managed to set the properties of my TMT EA based on your data.

3PO

 

[Magicpip]

I periodically check Zulu to see what the High's and Low's are that "Nite Rider"'s trades reach. You can see what highs the trade went up to so that you get an idea of what that time frame is trading. He uses his extended version of TMT, basically the same as Turbo but without the variable trading times.

http://www.zulutrade.com/TradeHistoryIndividual.aspx?pid=25292

Cathy

 

[uberpips]

Are the profit target lines supposed to show on mt4 with turbo? I only see the SL line.

 

[jimmc]

Both should show, unless they are off the screen. You can alter the scale by dragging the scale numbers down a bit from the top right corner.

 

[fluegel]

(My settings: 6:30, SL50, BE20, TP30 (50%), ATR trailing=True, Coef. 3)

[FxPro]
9 May: No trade
10 May: No trade
Week total: 0 real pips
May total: 34.5 real pips

[Forex.com]
9 May: No trade
10 May: No trade
Week total: 0 real pips
May total: 70.0 real pips

Silent week...

 

[uberpips]

Both should show, unless they are off the screen. You can alter the scale by dragging the scale numbers down a bit from the top right corner.

No, they are not on the chart. What is the TP in the bottom supposed to show? I have 0.0000

 

[jimmc]

No, they are not on the chart. What is the TP in the bottom supposed to show? I have 0.0000

I'm not sure - I'm not in a trade today so mine just says NO TRADE. If you are running Turbo, there should be values for Exit #1 and Exit #2, rather than just a simple TP figure.

 

[uberpips]

I'm not sure - I'm not in a trade today so mine just says NO TRADE. If you are running Turbo, there should be values for Exit #1 and Exit #2, rather than just a simple TP figure.

Ya, I have the values in the text area but no lines for TP, just one for SL. Is this normal?

 

[jimmc]

MT4 should automatically show a green dotted line for entry, and red lines for SL and TP if they are set as far as I know. This is not part of the EA, it's the same if you trade manually. If you right click the chart and look at Properties, check the color of the Stop levels - make sure it's not set to the same as your background color.

 

[uberpips]

MT4 should automatically show a green dotted line for entry, and red lines for SL and TP if they are set as far as I know. This is not part of the EA, it's the same if you trade manually. If you right click the chart and look at Properties, check the color of the Stop levels - make sure it's not set to the same as your background color.

OK, TP is not set because there are 2 exits. I guess the EA takes care of it.