I didn't say 9 o'clock. I've said 10:00. 7:00 gmt+0 is the London Session Opening Time. icmarkets trading server time is gmt +3. So, speaking for icmarkets, 10:00 is the right time for LondonSessionOpeningTime.

Simplicity is the Ultimate Sophistication

I've made same backtests. Moving stop loss to breakeven after 8 pips makes great difference.

Simplicity is the Ultimate Sophistication

Zen, in order to prevent misunderstanding, Could you please confirm the entry price levels of (second trade) recovery pending buy/sell stop orders? Suppose, High / Low prices of 8:00 1H EurUSd Candle are (two hours before London opening) (icmarkets ...

Simplicity is the Ultimate Sophistication

###ZenTraderEAV04 When the last candle before London opening starts, ea puts a BuyStop & SellStop order. When price hits one of these pending orders, ea immediately deletes the other pending order and sets a stop loss and take profit in accordance ...

Simplicity is the Ultimate Sophistication

I'm not sure but what he meant is find the highest point that price reaches after your long order has been opened. Lets say, highest point is 1.06876. Then place a buystop order to the next 1.xx000 level. In my opinion, buystop order should be ...

Simplicity is the Ultimate Sophistication

Zen, speaking for today. Long order has been triggered. Open price : 1.06800 TP : 1.06900 SL : 1.06650 If stop loss hits, we place a triple lot sellstop order @ 1.0660. What about the buystop order? Could you please confirm the right price for the ...

Simplicity is the Ultimate Sophistication

Zen, speaking for today. Long order has been triggered. Open price : 1.06800 TP : 1.06900 SL : 1.06650 If stop loss hits, we place a triple lot sellstop order @ 1.0660. What about the buystop order? Could you please confirm the right price for the ...

Simplicity is the Ultimate Sophistication

For first trade, if you want to open a second order, please open another 1h eurusd chart, and run ea with a different magic number.

Simplicity is the Ultimate Sophistication

Price hits TP . Done for today.

Simplicity is the Ultimate Sophistication

Hits 1.06889 move SL to breakeven = order open price + commission = 1.06809

Simplicity is the Ultimate Sophistication

You place a triple lot size sellstop order below sl @ next 1.00xxx which is 1.06600. But i also don't know what to do, if price hits Sl and then go upwards again without triggering your sellstop order.

Simplicity is the Ultimate Sophistication

Buystop has been triggered. Because of slippage, actual open price is 1.06802. Commission is 0.7 pips (icmarkets) Ea puts TP @ 1.06909 (10 pips + commission) and SL @ 1.06659 (15 pips - commission) I'll move SL to BE @ 1.06889 (order opening price + ...

Simplicity is the Ultimate Sophistication

Buystop @ 1.06800 Sellstop @ 1.06700

Simplicity is the Ultimate Sophistication

Very good question. +1

Simplicity is the Ultimate Sophistication

Absolutely right. Current 1H candle will close within 3 minutes. As soon as it closes, you place a pending buy/sell stop above/below of the candle @ 1.xx000.

Simplicity is the Ultimate Sophistication

Next version will support BreakEven Backtests show that one trade per day + stop loss to breakeven @ 8 pips is very profitable.

Simplicity is the Ultimate Sophistication

Zen, What about moving stop loss to breakeven when price goes open price + 8 pips and then put a trailing stop = 1 pip.

Simplicity is the Ultimate Sophistication

###ZenTraderEAV03 When the last candle before London open starts, ea puts a BuyStop & SellStop order. When price hits one of these pending orders, ea immediately deletes the other pending order and sets a stop loss and take profit in accordance with ...

Simplicity is the Ultimate Sophistication

I'm going to make some changes in the code. Instead of TradingStartTime, I'm deciding to use LondonSessionOpenTime. It's right now 7.00 gmt+00. Since all brokers don't use gmt+00, , you have to change it in accordance with your mt4 server time. ...

Simplicity is the Ultimate Sophistication

There's an unwritten but a good phrase among gamblers. "Don't chase your losses on the same day" . I prefer " Don't chase your losses." Give time to a strategy to prove itself. Just run the ea in a demo account for 30-45 days, and look at the ...

Simplicity is the Ultimate Sophistication