Quote:
Originally Posted by anamy
I can see that there is a lot of interest in having this done, so I decided to do it. This is the description for the observationHour value that is in the EA.
// This value is the hour that the EA will look to for the highs and lows.
// This will have to be changed due to differing time zones.
// The times that the EA will be provided with are the time zone of your broker,
// not YOUR time zone where you live.
// Pending orders will be placed on the first or second minute of the hour after
// observation hour.
// It's default setting of 13 is in accordance with the strategy for time
// zone GMT; pending orders will be placed at 14:00 or 14:01.
// Example: If your broker is in EST time zone, the value would be 8.
I've run a couple of backtests and it seems to place all the trades according to sytem correctly. If anyone notices any bugs, please post and tell me about it.
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anamy,
First thank you for building this EA. I have a couple questions.
Will it check the whole hour on a 5 minute chart since that is the chart I am seeing most profitable?
And instead of 1 pip above the High and Low being put in where can I change it to say 5 pips to filter out the whipsaws?