Looking into missed trades... will report back shortly. The EA is hardcoded with a spread of 2 for the EURUSD.... GBPUSD spread would be an extra 2 pips/trade..... do the math and it loses.

PipStalker EA

Tooth did you modify any of the settings? (trigger, TP, SL)

PipStalker EA

Challenge the backtest! — I challenge all of you to load the EA and backtest it. Learn the method, and check your charts to see if the entries appear where you'd expect them to. That's about all you can do with no forward tests. This EA would ...

PipStalker EA

ForexDude maybe you can backtests GBPJPY for us with some different settings. I'd think the TP would need to be between 250-300 and the trigger bar around 150 or so. I only have H1 backtest data for EURUSD at the moment so that's what I've focused ...

PipStalker EA

A backtest setup — Here is what my backtest shows. It's exactly what I'd hoped for... The first circle is a trigger candle. The second circle shows the price had moved 40 pips away from the close of the trigger candle close. A straddle is ...

PipStalker EA

It is trading a single lot for now. You can modify that by changing the "size" variable at the top of the code. We'll worry about money management after I see the backtests for 2001-2003. If the EA does well in those years, I will look into MM.

PipStalker EA

Latest EA — The EA only looks at trigger bars where ABS(OPEN-CLOSE) > 45 pips, not ABS(HIGH-LOW) > 45. Maybe this is why there are no trades? Hedge removed, straddle in place. 180 TP, 40 SL, 45 trigger bar. The previous EA was not taking ...

PipStalker EA

No forward tests yet — Entries look good on the backtest chart... Here is a setup that look like the backtesting is accurate. The first circle is the trigger bar. The second circle show the price travelled 40 pips away from the trigger bar ...

Trigger Bar Method (EURUSD 4,000 pips since 1/20/04)

Mikhail helped me fix the straddle. The backtest is showing 4000 pips now at 90% MQ.

Trigger Bar Method (EURUSD 4,000 pips since 1/20/04)

MQ4 indicators — I have some ideas for Metaquotes indicators I'd like if anyone would volunteer to program them. First, once an hour bar turns into a trigger bar, turn it bright orange like a lightbulb. Once a trigger bar is found, add ...

PipStalker EA

An extra 700 pips if we can solve this issue!! :-) — Mikhailthegreat observed that using a hedge is unnecessary and results in losing an extra 700 pips in broker commissions!!!! ($7000) The reason for this is that one of the two hedges will ...

Trigger Bar Method (EURUSD 4,000 pips since 1/20/04)

The latest method — The absolute value of an hour candle's open - close is greater than the trigger value (say 50 for EUR/USD) The price moves away from the close an arbitrary distance (say 40 pips) A long and short are opened at the close of ...

Trigger Bar Method (EURUSD 4,000 pips since 1/20/04)

The latest EA

PipStalker EA

Latest backtest (1/14/04 - 3/7/07) — Things are looking up! Mikhail, I have not been able to fix the double hedge because the backtester won't enter a trade in the middle of the H1 bar when testing on the H1 timeframe.... only at the open. We ...

PipStalker EA

Nice idea Mikhail. That adds an extra $6,000 profit to post #11!!! I'll rewrite it later and post the results....

PipStalker EA

Stacy, I've only tried this with H1 on EURUSD. I really need people to backtest this from 2001-2007, because I've only got M1 data from 2004-2007. I hope this thread takes off!

PipStalker EA

The method — An entry occurs after an hour bar's distance from open to close is greater than the trigger value. For example, the EUR/USD trigger is 50... so a position is opened after every hour candle that is greater than 50. A long and a ...

PipStalker EA

Attached EA is configured for EUR/USD, but external variables let you modify trigger, TP, and SL for other pairs.

PipStalker EA

A Winning EA — EUR/USD 90% modeling quality 07/01/04 - 03/05/07 Settings TP 150, SL 50, Trigger 50

PipStalker EA

nvwine this one appears a little bit stronger than the last one.

PipStalker EA