WSS.... forgot that oneWas a nice time though!
- | Commercial Member | Joined Apr 2007 | 8,331 Posts
- | Commercial Member | Joined Apr 2007 | 8,331 Posts
I have no clue... just put 400 in the settings
Will see when I get there. Probably close the hedge once in profit and 245% oversold/bought.
Honestly no idea!
- | Joined Nov 2009 | Status: Member | 4,980 Posts
I have had the spec for another robot for weeks; it is just waiting for me to get my head around it once the heat has gone out of this thread.
I don't know if this is one macman is expecting to make public, so I suggest some serious buttering-up might be appropriate.
Butter for Steve and Macman
Have a great evening and thanks for the EA and a ton of fun.....
whip
- Joined Oct 2007 | Status: Summer is the best time of year! | 1,284 Posts
Hi Steve....a small suggestion...wonder if you might have an option for the beast that turns the white line into a moveable TP line....not default, but a specific option you must select. I trade a lot of support and resistance....and sometimes you can see that things are moving towards a certain area. I'd like to be able to just move that line as an option and have it reset when there are no trades on..
The other thing is this....I'm trying out a new Canadian ECN broker and added a close all pending and open orders script...may be using this broker in the future, now that FXPro is giving me the boot, ans a script like this will be helpful. Anyway, when I restarted MT4 a bunch of the pending orders and one of the open orders was closed. I had not applied any script, just restarted. Any ideas? Nothing unusual in the log.
I won't be participating in anything renko for this....don't see the need.
Cheers
CanuckCT
The other thing is this....I'm trying out a new Canadian ECN broker and added a close all pending and open orders script...may be using this broker in the future, now that FXPro is giving me the boot, ans a script like this will be helpful. Anyway, when I restarted MT4 a bunch of the pending orders and one of the open orders was closed. I had not applied any script, just restarted. Any ideas? Nothing unusual in the log.
I won't be participating in anything renko for this....don't see the need.
Cheers
CanuckCT
- | Commercial Member | Joined Apr 2007 | 8,331 Posts
Hi Steve....a small suggestion...wonder if you might have an option for the beast that turns the white line into a moveable TP line....not default, but a specific option you must select. I trade a lot of support and resistance....and sometimes you can see that things are moving towards a certain area. I'd like to be able to just move that line as an option and have it reset when there are no trades on..
Leave me to think about this. Perhaps some sort of adaptation of the Recovery breakeven line is possible.
The other thing is this....I'm trying out a new Canadian ECN broker and added a close all pending and open orders script...may be using this broker...
What are thoughts of basing the jumping stop settings on the distance between the 6th's lines, instead of just an arbitrary 30 pip JS?
Seems a 30pip js on gj, as opposed to something like audnzd or nzdgbp etc leaves alot of room for improvement?
Whether its distance between yellow and green, or distance between yellow and white, or any fractional combination based on either of those would make some sense?
As a matter of fact, i was looking into something like this myself:
- SL for Primary set at the max price extension of the Sixths lines, which means at 1/6th distance from pending order;
this corresponds to the dark Blue line if you are plotting my "SIXTHS floating SQ" indicator
The idea here is that we don't expect PA to turn back further than its last extreme, and see it head towards the middle White line.
- SL for Secondary would also be set at 1/6th distance, ie SL set at Gold line when sending the pending order;
- Set the Jumping Stop value to be also 1/6th, so Primary will move to BE when the Green line is hit (= when the Secondary trade kicks in);
Then, this allows Primary to go even further in the "opposite territory" until it eventually closes when the opposite pending orders kick in...
But that's the ideal scenario of course...
Steve, possibly we could use the "StopLoss" and "JumpingStopPips" inputs to behave either as a true pip value if it is >1, or use it as a fraction of the total sixth extension when it is <1.
Of course, when set to 0, the SL would still be calculated out of ATR().
Typically, my example above would have
StopLoss = 0.1667, and
JumpingStopPips = 0.1667 as well.
That allows any other fraction to be used, and possibly backtest and optimize/fine tune those for each pair.
For instance 1/12th JS instead of 1/6th, why not...
Shouldn't take more than a couple of minutes to code that in...
SQ
- | Joined May 2008 | Status: Member | 1,114 Posts
As a matter of fact, i was looking into something like this myself:
SQ
Thx SQ, nice to see at least someone read my post
- | Joined Mar 2010 | Status: Member | 401 Posts
Its good that you have your real time testing system accessible
I often use that just to check that my trades tie in with yours , and its not just me suffering the huge DD sometimes
Have a nice weekend
Sort of gives me reassurance in a strange sort of way
I often use that just to check that my trades tie in with yours , and its not just me suffering the huge DD sometimes
Have a nice weekend
Sort of gives me reassurance in a strange sort of way
- | Commercial Member | Joined Apr 2007 | 8,331 Posts
Re the latest contributions guys, I am doing nothing about them.
TB aint bust so I aint fixing it. Can we please avoid over-complicating things.
TB aint bust so I aint fixing it. Can we please avoid over-complicating things.
- Joined Mar 2008 | Status: Member | 953 Posts
Re the latest contributions guys, I am doing nothing about them.
TB aint bust so I aint fixing it. Can we please avoid over-complicating things.
Rob
- | Joined Nov 2009 | Status: Member | 4,980 Posts
Re the latest contributions guys, I am doing nothing about them.
TB aint bust so I aint fixing it. Can we please avoid over-complicating things.
Its good that you have your real time testing system accessible
I often use that just to check that my trades tie in with yours , and its not just me suffering the huge DD sometimes
Have a nice weekend
Sort of gives me reassurance in a strange sort of way