Hi Buff,
Firstly cudos to your work, effort and generosity. Thank you.
I had an idea on your system to reduce the number of signals so had a play with the QQE and MACD settings.
I got some interesting results on the 30 minute chart with these settings.
MACD: 48,104,36
QQE: 4,32,12
You will get a lot fewer signals as expected but the big thing I noticed was that the number of losing sequences was vastly reduced.
Using these setting on the EUR/CHF since 31st December the longest losing run was 4 and only once.
What would also be a nice feature of this EA would be if you could set a TP on pips as well as monetary value as this changes from once currency pair to the next. If profit hit on first trade then the EA will shut that trade and wait for next signal, if TP is not hit then it goes into it's normal trading mode to break even as is already programmed. The reason for this is that I noticed on the EUR/CHF quite often a 50 - 70 pip value was hit on the first trade to close at either a loss or minimal gain.
Just a few ideas I've been playing with.
Firstly cudos to your work, effort and generosity. Thank you.
I had an idea on your system to reduce the number of signals so had a play with the QQE and MACD settings.
I got some interesting results on the 30 minute chart with these settings.
MACD: 48,104,36
QQE: 4,32,12
You will get a lot fewer signals as expected but the big thing I noticed was that the number of losing sequences was vastly reduced.
Using these setting on the EUR/CHF since 31st December the longest losing run was 4 and only once.
What would also be a nice feature of this EA would be if you could set a TP on pips as well as monetary value as this changes from once currency pair to the next. If profit hit on first trade then the EA will shut that trade and wait for next signal, if TP is not hit then it goes into it's normal trading mode to break even as is already programmed. The reason for this is that I noticed on the EUR/CHF quite often a 50 - 70 pip value was hit on the first trade to close at either a loss or minimal gain.
Just a few ideas I've been playing with.