Hi folks.
For all those confused by the new comparative between the D95P and PipNick settings it's really quite simple.
There is no new EA for PipNick's settings. Simply adjust the settings on your existing EA (depending on the broker) to suit the following:
trade time = 8am gmt
look back = 24hrs
sl = move 3rd order to b/e when tp2 hit
This means that in the Fall Version North Finance EA I've made the DayStartHour:10 , the LookBackHours:24 and the UpdateToBE:30 which should (I think) be the same as the settings used by PickNick.
The DayStartHour will vary slightly according to the MT4 broker you use.
If you need to use a timeconverter then do so: http://www.timeanddate.com/worldclock/converter.html
For example, I calculated 8am GMT to equal 6pm Brisbane which is 10hrs difference from when orders are placed by the EA at 8am here in Brisbane. Based on the D95P settings,the DayStartHour on the NF EA is usually set to 0, so I've simply added 10hrs to that to arrive at a setting of 10.
Regarding the upcoming comparative, I'll be using 2 North Finance demo accounts, one with the above PipNick settings and the other with the same D95P settings I've been using practically all along. ie. DayStartHour:0 , LookBackHours: 17 and UpdateToBE: 15
I hope this clarifies things somewhat and I look forward to the comparative.
rgs
mike
For all those confused by the new comparative between the D95P and PipNick settings it's really quite simple.
There is no new EA for PipNick's settings. Simply adjust the settings on your existing EA (depending on the broker) to suit the following:
trade time = 8am gmt
look back = 24hrs
sl = move 3rd order to b/e when tp2 hit
This means that in the Fall Version North Finance EA I've made the DayStartHour:10 , the LookBackHours:24 and the UpdateToBE:30 which should (I think) be the same as the settings used by PickNick.
The DayStartHour will vary slightly according to the MT4 broker you use.
If you need to use a timeconverter then do so: http://www.timeanddate.com/worldclock/converter.html
For example, I calculated 8am GMT to equal 6pm Brisbane which is 10hrs difference from when orders are placed by the EA at 8am here in Brisbane. Based on the D95P settings,the DayStartHour on the NF EA is usually set to 0, so I've simply added 10hrs to that to arrive at a setting of 10.
Regarding the upcoming comparative, I'll be using 2 North Finance demo accounts, one with the above PipNick settings and the other with the same D95P settings I've been using practically all along. ie. DayStartHour:0 , LookBackHours: 17 and UpdateToBE: 15
I hope this clarifies things somewhat and I look forward to the comparative.
rgs
mike