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- Penguinthief replied Sep 8, 2019
Looks like this should be in the trading journals area, rather than systems?
- Penguinthief replied Aug 12, 2019
What momentum indicator is that and what settings for K1/K2/K3? I assume just RSI with default settings? What about the red line in the momentum, that K1 crosses with? What is that?
- Penguinthief replied Mar 15, 2019
Really interested to hear if people have used/heard-of similar methods before, and if people think it may work?
- Penguinthief replied Mar 14, 2019
As an example, I've coded up a scraper for TradingView. Here is some data I've grabbed earlier (containing a total of 4000 signals from UK/US/FR/DE...region WWW is US btw): image Note the highlighted area... 4 signals within 2 minutes from 4 ...
- Penguinthief replied Dec 19, 2018
Backtestee as profitable every year for the last 10 according to my EA, and so far up around 14% in 2 months using reasonably conservative money management. What makes you come to that conclusion Edge? Edit: never mind, just looked at your post ...
- Penguinthief replied Dec 18, 2018
Look at the time of this post (top right)... The window opens in 3hrs 22mins from this time The window closes in 7hrs 22mins from this time
- Penguinthief replied Dec 17, 2018
Good evening all, The coding is going well so far, and I'm reasonably content with my rendition of horizontal trend lines... however, I wouldn't mind checking it's suitability. Would it be possible to ask a few people to plot their version of ...
- Penguinthief replied Dec 14, 2018
So I've got Horizontal SRs coded, or at least, the first iteration of them. It is quite difficult to pinpoint what a good SR line is formed of. Currently, my philosophy is: I could edit it to also search for candles that high reaches the same point, ...
- Penguinthief replied Dec 9, 2018
So far, the EA can detect the following: Trends Number of consecutive bull candles Number of consecutive bear candles Up trends by 'line of best fit' over x candles (slope > 0) Down trends by 'line of best fit' over x candles (slope < 0) Single ...
- Penguinthief replied Dec 9, 2018
Results look a bit odd. In the first one, you suffer a maximal drawdown of $3.3k, however only have an average loss trade of -0.57 with 81 total loss trades? Equally, your max DD being twice the size of your net profit for the period looks very ...
- Penguinthief replied Dec 9, 2018
Changed the candlesticks now to represent babypips instead ( url ). Pretty much the same, but misses out some of the ones that aren't really applicable (bearish abandoned baby can't feasibly happen in forex of course).
- Penguinthief replied Dec 2, 2018
Thought I'd give a try, so coded some things up: iUseExitNY (always quit trades at end of NY session) iUseExit4Candles (always quit trades if the last 4 candles didn't create a higher high) iUseExitNY4Candles (quit trades at end of NY session if ...
- Penguinthief replied Dec 2, 2018
Could anyone add clarity to rule 5? With no form of insult intended, the English isn't clear enough for me to understand: 1. At NY close (10PM GMT), if the last 4 candles (6PM, 7PM, 8PM, 9PM) have failed to get higher highs, exit trade. 2. 4 hours ...
- Penguinthief replied Dec 2, 2018
Nope, good point. Will code that in tonight/tomorrow also. With this rule, what if my entry satisfies an open trade 1 hour before the NY session ends? Or 2? Do we have a cut-off as for when to stop opening trades?
- Penguinthief replied Dec 2, 2018
Sorry dude but these look based on best case scenario; 32% per month consistently is absolutely insane and unsustainable and to base a few months/years on 4 days of trading isn't really worthwhile.. I'll show the maths and testing below. Firstly, ...
- Penguinthief replied Dec 2, 2018
At the point of that candle, EMA4 was still above EMA15. Equally, the candle before 'came close' to EMA30, so may have been classed as a trade itself? image
- Penguinthief replied Dec 1, 2018
Why didn't you trade the candles about 4-5 hours before your trade? EMA4/15/30 were in the right positions, pivots satisfied (with all EMAs below), and right at the end of the picture there is another valid entry? image
- Penguinthief replied Nov 30, 2018
Sorted mate. The reason was the way it calculated pivots.. You must have started on 29/11/18 I assume.. It wouldn't trade as it had no previous pivot to compare to, as it starts logging pivots on the day you start the EA (so it didn't have anything ...
- Penguinthief replied Nov 28, 2018
Robot Gorilla anyone? MT5 ONLY!! image Rules (to buy... sell is reverse): Todays pivot must be higher than previous days All 3 MAs must be above pivot and in order (4>15>30) The EMA must be trending upwards for last x points (toggle + adjustable ...
- Penguinthief replied Nov 13, 2018
Afternoon Zakattack, When the last candle has to be 'engulfing', how are you defining this? Do you just mean, opposite to current trend and with a body bigger than the pinbar? Or for example does candle 1 (engulf) have to be bigger than candle 3 ...