Hans123 EA - page 6

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I do not know ...

I used this EA in 2004 - 2005 within metatrader yahoo group so it was long time ago.

As I see from inside the code:

BeginSession2+LengthSession2+TimeZoneDiff[/CODE]

and

TimeZoneDiff= LocalTimeZone - DestTimeZone

and

[CODE]LocalTimeZone= 1;

extern int DestTimeZone= 1;

If we look at the settings of this EA:

BeginSession1=6;

LengthSession1=4;

BeginSession2=10;

LengthSession2=4;

Lots = 1;

LocalTimeZone= 1;

DestTimeZone= 1;

so - EA will start trading at 6 am for 4 hours (up to 10 am) , and start trading next time at 10 am for 4 hours (up tp 2 pm).

So, it is just a time to trade.

But what is LocalTimeZone and DestTimeZone - no idea sorry.

You can backtest and see - which time EA will open the trade for backtesting. And compare this time (it will be metatrader broker time) with their CET or our GMT...

or ... may be someone will help as I traded by this EA in 2004 - 2005 and it was long time ago.

 

newdigital, thanks a lot.

For LocalTimeZone= 1; DestTimeZone= 1; it should be 2 and 1 respectively, I know this.

Main thing I don't understand, is it automated EA, or semi-automated, and we should do manually adjusting the opened orders accordingly to method described in Hans123 manual?

 

I traded as automatic EA. Just attach EA to the chart and that's all.

Not manual.

It was profitable. But ... as some drawdown may be big one so it is better to use 0.01 lot size.

It is what I remember.

 

Thanks a lot, it's clear now.

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