SERIOUS WARNING
Most Forex traders lose all their money. ***DO NOT USE THIS EA ON LIVE ACCOUNTS AS IT IS EXPERIMENTAL***
-Using the robot posted here in trading Forex does not guarantee success.
-Trading this robot could lead to serious financial loss.
-Trading this robot without understanding its underlying trading strategies guarantees traders will lose their money.
-This is not a set-and-forget ea; there is no such thing and anyone who tries to claim there is, is either stupid or lying. This ea requires frequent manual intervention.
-At best, a trading robot is only 90% as good as the manual strategy it trades. At best. At worst, it can be much less effective. If the strategy is rubbish, so is the robot.
-To trade this robot, you have to understand:
-How to use EA's.
-Market trend and retracement patterns.[/mod]
Basicly this EA is a spin off from the http://www.stevehopwoodforex.com/phpBB3 ... 158#p87158 in difference this EA will trade every day breakouts off the asia pacific zone,
and opens only one trade without TP, after the position is same pips as SL differs to open price , the EA will set the BE, same distance is always needed to the actual price for every SL jump- The EA closes a part of the trade if the next SR zone is hit. Too the EA uses like the Monday Breakout Zone EA the SR zones.
MaxDiffPrice
is used for avoiding the EA to enter trades with big difference to the breakout prices, this value is to set in pips..Use
PipsFromNextSRZoneToTakeTrade=250
for setting the min Distanz to the next verified S/R zone to take the trade. To this version has the possibility to set ATR as TP use for this UseAtrForTP=false
and set it to true, with PERIOD_ATR=PERIOD_D1
you set the period the atr uses and atr_multiplicator=2
is the atr multiplicator.extern double AdvertisedSpread=0.8;
set this to the average spread your broker has for the pair..The EA can be tested on all JPY and AUD pairs, maybe too on NZD pairs...
Please set the EA on H1 TF
Please use the load history script, located in the Knowledge Base, before using this EA.
Update May 3, 2014 http://www.stevehopwoodforex.com/phpBB3 ... 075#p92075
http://www.stevehopwoodforex.com/phpBB3 ... 556#p91556
New the EA sets the GMT_offset automatic
[mod=]important please attach the EA with the new automatic GMT offset only if the market is open, you should get an alert showing you the GMT offset the EA has set (and the GMT actual hour), if you do not get this alert you must reinitialize the EA..[/mod] Cheers
Tommaso