2 startegy H1 working simultaneusly - page 4
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So why do you make this so complicated?...trend line...bla bla bla...etc...
why don't you simply state go long from all subsequent one hour bars closing higher than the open of the 9:00 bar? and vice versa for short? stop trading at 5:00
ES
yes that s the entry point and the first that u wrote down is the starting point of the trend line that define this strategy .
so if the price close of next bars will close over the line ( in that case 1,4730 ) we go long and if the price crosses under this point we go short and so on for all the day .
ps for EA 1 we stop trading at 5pm for EA2 we never stop trading onece begunSo why do you make this so complicated?...trend line...bla bla bla...etc...
why don't you simply state go long from all subsequent one hour bars closing higher than the open of the 9:00 bar? and vice versa for short? stop trading at 5:00
ESit s not like that . the close of the 900 enstablish the line so ex. close price of the 900 bar is 1,4040 this will be the starting point of the line and every time from there if the price is closing higher then go long but u wait for target or stop ore reverse if the price go under the 900 closing price , in this case price is 1,4040 from 900 to 1700
then u put in an other strategy with strating line at 1100 the an other strarting at i don t know let s make 1600 to 23 etc etc
so for the 1 EA two strategies 1 starting from 900 and th eother from 1100
for the 2 EA evry bar on a H1 chart must generate his own line .
got it ?
I think so...this is hard to explain even if ones English is good! I apologize.
ES
it s not like that . the close of the 900 enstablish the line so ex. close price of the 900 bar is 1,4040 this will be the starting point of the line and every time from there if the price is closing higher then go long but u wait for target or stop ore reverse if the price go under the 900 closing price , in this case price is 1,4040 from 900 to 1700
then u put in an other strategy with strating line at 1100 the an other strarting at i don t know let s make 1600 to 23 etc etc
so for the 1 EA two strategies 1 starting from 900 and th eother from 1100
for the 2 EA evry bar on a H1 chart must generate his own line .
got it ?I think so...this is hard to explain even if ones English is good! I apologize. ES
hehehehehehehe i know that my english is not the best hehehehehehe
so guys hope that every body understand the roules to make EA :P , i m waiting very hardly for that EA hope the work is in progress and we all can have results soon .
ps try out pariatorev01 with this setting trendone ... = 12 trendtwo...= 16 target 90 stop 60 let me know your opinion ....
thanx i apprisciate all your help
Noted with thanks, Pariatore.
yes that s the entry point and the first that u wrote down is the starting point of the trend line that define this strategy .
so if the price close of next bars will close over the line ( in that case 1,4730 ) we go long and if the price crosses under this point we go short and so on for all the day .
============================================
I use hypothetical example to confirm our understanding:
GMT 0900hr closing price: 1.4730(this will be the trendline for the trading day)
--------------------------------
GMT 1000hr closing price: 1.4780
@ 1001hr, 1st trade-> long with target price(1.4795) and stop-loss(1.4745)
--------------------------------
GMT 1100hr closing price: 1.4790
@ 1101hr, 2nd trade-> long with target price(1.4805) and stop-loss(1.4755)
--------------------------------
GMT 1200hr closing price: 1.4780
@1201hr, 3rd trade-> short with target price(1.4765) and stop-loss(1.4800)
--------------------------------
GMT 1300hr closing price: 1.4729(BELOW trendline)
@1201hr, do we still proceed to short based on CP of 1200hr is lower than 1100hr?
What is the impact/significance of the trendline(1.4730) in this case?
I thought we decide to long/short based on the previous 2 hours closing price and not interested in the 0900hr closing price(the trendline as you called it).
Appreciate your insights.
pariatore,
Sorry for not reply sooner. I'm currently on ski holiday at Sierra Nevada and will be back in a couple of weeks.
In the meantime, if you want to analyse different periods of time using the current EA, what you can do now is open multiple EURUSD H1 charts, and attach each of those charts with the same EA that I've wrote, but put different settings on each EA.
Take care,
Azmel.
Noted with thanks, Pariatore.
yes that s the entry point and the first that u wrote down is the starting point of the trend line that define this strategy .
so if the price close of next bars will close over the line ( in that case 1,4730 ) we go long and if the price crosses under this point we go short and so on for all the day .
============================================
I use hypothetical example to confirm our understanding:
GMT 0900hr closing price: 1.4730(this will be the trendline for the trading day)
--------------------------------
GMT 1000hr closing price: 1.4780
@ 1001hr, 1st trade-> long with target price(1.4795) and stop-loss(1.4745)
--------------------------------
GMT 1100hr closing price: 1.4790
@ 1101hr, 2nd trade-> long with target price(1.4805) and stop-loss(1.4755)
--------------------------------
GMT 1200hr closing price: 1.4780
@1201hr, 3rd trade-> short with target price(1.4765) and stop-loss(1.4800)
--------------------------------
GMT 1300hr closing price: 1.4729(BELOW trendline)
@1201hr, do we still proceed to short based on CP of 1200hr is lower than 1100hr?
What is the impact/significance of the trendline(1.4730) in this case?
I thought we decide to long/short based on the previous 2 hours closing price and not interested in the 0900hr closing price(the trendline as you called it).
Appreciate your insights.look i call it trend line but, if u like it more we can call it pivot, or support ,resistance depending on what side will the market be
look maybe with this i ll be more clear
GMT 0900hr closing price: 1.4730(this will be the trendline for the strategy1 of the day)
--------------------------------
GMT 1000hr closing price: 1.4780
@ 1001hr, 1st trade-> long with target price(1.4795) and stop-loss(1.4745)strategy1
--------------------------------
GMT 1100hr closing price: 1.4790(this will be the trendline for the strategy2 of the day)
still long in the trade of strategy1 ( for now profit 10 pips )
--------------------------------
GMT 1200hr closing price: 1.4780
@1201hr, 2nd trade-> short with target price(1.4765) and stop-loss(1.4800)strategy2
--------------------------------
GMT 1300hr closing price: 1.4797 (strategy1 is on target +15 )from now on startegy1 enter a trade only if the closing price of the next bars crosses again the referring line of gmt 0900 (1.4030)
@1301hr, 3rd trade-> invert from short to long( target 1.4812 stop 1.4762) the strategy2 because the actual price (1.4797) crosses the referring line of strategy2 (1.4790) so : startegy1 +15 staretgy2 -17
--------------------------------
GMT 1400hr closing price: 1.4820 no trades startegy2 target +15 wait for next cross of one of the two lines gmt 0900 or gmt 1100
--------------------------------
and so on ...... till gmt 1700
last trading bar is gmt 1600 and we are in a trade the do not reac target or stop we close all positions at gmt 1700
hope it will be more clear now
for the roules for the EA1, for EA2 it s exacltly the same, the only difference is that there is no timestoptrading at gmt 1700 but, it continue once start 
and will do exactly the same of EA1 but, more trend lines have to be drown, to be exact 24 as the number of the bars in a H1 chart. Ovviusly all of them must have different targets and stops
let me know how the work proceed :P
hi programmers i hope that all the speaking in the previus posts will help u out with the writing of the EA i m so ansciusly to get the EA1 and EA2 to see how the optimization will appear
hope that same body will write this for me and for all the traders so thaqt every body can test it and tell us how it look ...
thanx in advance for all the work
Ok, now we're getting somewhere. Give me a bit and I'll see what I can do.
First Chart: First Strategy
Second Chart: Second Strategy
Third Chart: Both Combined
Good yes? On the backtest it seemed that the long positions did very well on the whole but short were a bit of a bummer.
If this one is right I'll put up the source.