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  #1101 (permalink)  
Old 09-20-2009, 08:20 PM
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Hello,

DO you guys know any EA for Mt4 where I can set the orders for long and short at the same time and then forget?? 00:00 gnmt is a really bad time for me to set the orders manually, so do you guys know any straddle ea? Since Interbank wont allow me to open 2 pending orders??

Thanks!
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  #1102 (permalink)  
Old 09-20-2009, 08:23 PM
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Quote:
Originally Posted by ellave View Post
Hi, just finished my schooling & reading through some strats seeing if I understand them. Am I right in thinking you go long away straight away its currently above the high + 10?

buffer = 10
spread = MathAbs (Bid - Ask)

Long = high + buffer + spread
Short = low - buffer


Long SL = Short
Short SL = Long

Long TP = ATR(14) 4 hour / 2
Short TP = ATR(14) 4 hour / 2
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  #1103 (permalink)  
Old 09-20-2009, 08:30 PM
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Quote:
Originally Posted by s050399b View Post
buffer = 10
spread = MathAbs (Bid - Ask)

Long = high + buffer + spread
Short = low - buffer


Long SL = Short
Short SL = Long

Long TP = ATR(14) 4 hour / 2
Short TP = ATR(14) 4 hour / 2
Thanks so Long entry is 1.6276?

This seems like a good system for us Aussies no, no loss of sleep.
Last edited by ellave; 09-20-2009 at 09:32 PM.
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  #1104 (permalink)  
Old 09-20-2009, 08:33 PM
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My charts have something called an ATRwilder 14 which is 3.9694. Anyone know if the ATR wilder and the ATR 14 are the same?
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  #1105 (permalink)  
Old 09-20-2009, 08:37 PM
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Quote:
Originally Posted by sk0ll View Post
Hello,

DO you guys know any EA for Mt4 where I can set the orders for long and short at the same time and then forget?? 00:00 gnmt is a really bad time for me to set the orders manually, so do you guys know any straddle ea? Since Interbank wont allow me to open 2 pending orders??

Thanks!



Sunday Breakout Strategy
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  #1106 (permalink)  
Old 09-20-2009, 09:22 PM
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Hey!! thanks a lot for this!!!

Just extract them to the expert folders.. set the risk and Im all ready???

Thanks!!
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  #1107 (permalink)  
Old 09-20-2009, 09:39 PM
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run it on demo first,
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  #1108 (permalink)  
Old 09-20-2009, 09:44 PM
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OK so are these the correct figures?

buffer = 10
spread = MathAbs (Bid - Ask) 3 in my case

Long = high (1.6263) + buffer + spread = 1.6276
Short = low (1.6205) - buffer = 1.6195


Long SL = Short = 1.6195 (81 pips)
Short SL = Long = 1.6276 (81 pips)

Long TP = ATR(14) 4 hour / 2 = 192 pips
Short TP = ATR(14) 4 hour / 2 = 192 pips
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  #1109 (permalink)  
Old 09-20-2009, 09:53 PM
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looks alright,
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  #1110 (permalink)  
Old 09-20-2009, 10:24 PM
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Quote:
Originally Posted by s050399b View Post
cprao, your values, are a little off? r u using ibfx?....
You are right. My high is off. It's 1.6263 not 1.6236. Sorry about that..
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