EA with Timing : Work In Progress

Work is currently in progress in developing a Metatrader platform EA (Expert Advisor, Automated Trading Robot) which will take buy/sell signals during the projected timings only. As such, it will naturally minimize or avoid altogether false signals.

While waiting for it to be completed, subscribers of our timing report have an option to request for these timings in text format (.txt) to incorporate these timings into their own EAs. The EA should be programmed such that it will read the timings from the text file and place trades only during these time ranges. Please drop us an email if you are interested: all.yours.now@gmail.com

Thank you and Happy Trading

HATs Definition Update

HATs will now on be referred to as Reversal/ Pullback/ Breakout Time Signals (RPBTS) in order to reflect better the nature of these timings.

How To Profit From RPBT Signals

We now learn how to place trades during a RPB Time Signal. We can either use candlestick patterns or common indicators for buy/sell decisions but prefer candlesticks since most indicators lag (while we are on the subject, RPBTS is a leading indicator naturally). Powerful moves are created when price is reacting to support/resistance/pivot in addition to time signals.

Note: Change In Trend (CIT) does not necessarily refer to Change In Direction. An acceleration in the direction of the prevailing trend can also be regarded as CIT.

3 Simple Steps To Gaining Pips With RPBT Signals:

1) Find signal timings in membership report (Limited signals available for free on this blog)

2) Watch for candlestick pattern development during (+/-) 1 or 2 bars from given timing.

3) Place trades according to the entry rules and candlestick patterns described below.

Entry/Positioning Rules

Although you have a choice of your own positioning method, I personally recommend the following simple entry style:

1) Enter initial lot size that strictly follows money/risk mangement.

2) Set profit target of first 50% of position at profit level equal to stop loss range.

3) Set the second 50% position to go with the trend with a trailing stop or set profit target with a pre-determined pips range.

Method I - Candlestick Patterns (Preferred Method)

When trading with candlesticks, we place trades when any of the patterns mentioned below have formed. At times the patterns may not follow 100% textbook version. In such cases we have an option to either

(i) stay away from the market or

(ii) check on your favourite indicators for buy/sell confirmation.


A) Reversal Patterns

i) Doji/Pin Bar/Spinning Top

- Example 1 : Click HERE

ii) Engulfing/Outside Bar Pattern

- Example 1 : Click HERE

B) Breakout Patterns

i) Inside Bar Breakout

- Example 1 : Click HERE

Method II - Indicators

Intraday time signals are generated for 15min, 30min, 1hr and sometimes 4hr timeframes. In order to use indicators, it is much effective to apply them on a timeframe one or two levels lower than the time signal timeframe. For example, if in the report an RPB time signal is indicated at 8:00 gmt (+/- 1hr) then a buy/sell signal from 15min or 30min would give a reasonably good entry price than the 1hr chart itself.

A) Stochastics

- Example 1 : Click HERE

B) Moving Averages

- Example 1 : Click HERE

Method III - Candlestick + Indicator Combo

This method is simply a combination of both candlestick patterns and indicators. For example if a doji has formed at a price support area during the specified RPB time signal and stochastic has turned bullish then a buy order can be placed confidently with a tight stop loss below the doji candlestick low price.

Result: 26/11/2009 AUDUSD FREE Intraday HAT

26/11/2009 AUDUSD FREE Intraday HAT

Potential intraday reversal/pullback/breakout timing(s) for daytrading AUDUSD today is (are):

1. Around 23:00 gmt (+/- 1hr)

Best Wishes and Happy Trading