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- AndyG replied Feb 12, 2014
rockit, I had a play with the code you provided last night and it works as intended. Thank you for your expertise and time taken to put this together for me. Cheers. AndyG
- AndyG replied Feb 11, 2014
Rockit, thanks very much - I will have look when I get home. AndyG
- AndyG replied Feb 11, 2014
Anyone able to help in this request please? AndyG
- AndyG replied Feb 10, 2014
Hello Myrmica thanks for your post. I will share if some kind soul is willing to put this together for me. It is the opposite from other EA's of this type e.g. I am proposing to place a sell after an up day and a buy after a down day. A bit of ...
- AndyG replied Jun 15, 2013
Hi Dezil, I am not fully up to speed with testing data etc. but I think there is a slight difference with the entry, please see charts below. The EA seems to set the entry approx. 7 or 8 pips later than my backtest entry position, and this would ...
- AndyG replied Jun 15, 2013
Hello folks, I have put together a short 8min video of the method used to backtest this idea, as described in earlier posts. I hope the video adds something to what has already been written. (Be gentle with me - this is my first video upload and I ...
- AndyG replied Jun 15, 2013
Hello, lucariga I am not sure if the criteria in the EA are exactly what I was using in my manual backtest so the results of the EA testing has been a little bit disappointing so far. Hopefully Dezil will confirm his EA settings and we can take it ...
- AndyG replied Jun 15, 2013
Hello JayPipin, this could work although you would get into trades sooner and may encounter some resistance at the daily high/low. The idea with my method is to use the engulfing action of the daily engulf and the continuing momentum indicated by ...
- AndyG replied Jun 15, 2013
Dezil, thanks again for your work on the EA you attached earlier. I have done some testing with it on a number of pairs going back a number of years and the results do not seem to represent the trades taken in a manual. Can you confirm for me please ...
- AndyG replied Jun 11, 2013
Thanks Dezil, I will have a look and see. AndyG
- AndyG replied Jun 11, 2013
Hello Dezil, thanks for your interest and work with the EA. This seems a little bit disappointing, given the manual backtest however, what period did you use, on which pairs, what rules for engulfing bar, SL position, did it make pips overall, etc? ...
- AndyG replied Jun 11, 2013
Hello, boerseun, you have hit the pip exactly on the nose! The SL position versus the R:R ratio is always going to be at odds however for ease of calulation I used the wider SL for the backtest (obviously meaning a R:R of 1:1 and a bigger hit if the ...
- AndyG replied Jun 10, 2013
Hello DrSwing, thanks for your post. By the way....."Opportunity comes dressed in overalls and looks a lot like hard work"...... you callin me a hill billy?
- AndyG replied Jun 10, 2013
Hello JayPipin and thanks for your post. This is good suggestion and I will have a look at the ATR. I haven't used this method on commodities but don't see any reason why not - just no experience of them. Having looked left on the XAU chart though ...
- AndyG replied Jun 10, 2013
sorry forgot the pic....DOH!
- AndyG replied Jun 10, 2013
Hello Dezil, thank you for your post and I appreciate the question. I am going to give an answer that I don't like to get...............it depends! I think it is better if the trigger H4 close comes the day after the Daily engulfing, probably due to ...
- AndyG replied Jun 10, 2013
Hello Jurex, as promised attached is a chart of GBPUSD to illustrate my analysis method used for the backtest (GMT+2). This is one for 5th June as recorded in my spreadsheet. I trust it is self explanatory. AndyG
- AndyG replied Jun 10, 2013
As promised earlier please find attached the amended spreadsheet with 8 pairs backtest. AndyG
- AndyG replied Jun 10, 2013
Hello Jurex, thank you for you interest. For the prupose of the backtest done, SL goes at the high or low of the daily engulfing bar and TP is the same value of pips from the trigger H4 open to the SL i.e. SL=TP. When I get home from work I will ...
- AndyG replied Jun 10, 2013
juicyt, I am at work at the moment but will upload updated spreadsheet when I get home. AndyG