Does the NonLagMA repaint after candle close?
Greetings.
Greetings.
- | Joined Sep 2012 | Status: Member | 273 Posts
{quote} Sorry, I missed your post. I am not ignoring H1, if you look at the chart the vertical lines represent the hourly signals, red for short green for Long, I did not take trade number 2 (short) because price had closed back above a major S&R level, out of the picture is a HTF rising trend line, so I stayed out. trades number 5 & 6 I stayed out because a Triangle had formed and the price range at this point was only 7 - 8 pips, too risky also I was waiting for the Break out. All the information is on the chart. Hope it helps
doing the same here- if not far from pivot or s/r level -not taking the trade.
- | Joined Sep 2012 | Status: Member | 273 Posts
{quote} Appreciated it man but since i already use an EA for auto SL and TP it doesn't allow me to use one more EA!
yours choice which one to use. But if no magic number is put for specif pair i think if you put wheelbarrel EA on new pair it will to trailing stops for all opened positions as it is done in the way to manage all opened positions
- Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,510 Posts
MT4/MT5 EAs/Indicators/Alerts coder
- | Joined Sep 2012 | Status: Member | 273 Posts
ATTENTION GUYS!
Today half of the day tried to make an EA for this system. And what can i say? System is not working, at least backtesting.
Starting 2014 till today we have approx 1600 trades if we trade each hour.If we put trade by the colour of the non_lag_Ma (if previous bar is higher than the 2 bars before than it is green) we get 96% of winining trades using SL of more than 100 pips. So overall our profit curve will be negative.
If we do sync with M15 or M30 or with both we get postive trades also at around 96% level, but profit curve will be negative.
So i tried to improve that. If there are a doji in M30 or M15 and if M5 or M15 gives an oposite candle with the candle body more than 7-18pips(i was changing it) i also got negative profit. Than profitable trades are only around 80% We actually lower our profitable trades as sometimes we get spikes in price action in opposite direction than our trade during an hour.
Without adjusted stop loss i have 1485 winning and 60 trades losing, with adjsuted stop loss as wrote above i have 1180 trades positive and 360 negative. That negative trades increase due to these price actions as we see different price movement during hour. And it is not only during the hours when news are released, it is random.
Also tried to exit the trade if next H1 or M30 candle has different Non_lag_ma colour. Results are the same - we are losing with profit factor of 80%.
Another thing is that tried to put MA20 and MA50, to trade with trend. Results were better, there are less noise. But again very low TP vs SL gives as negative results...
Any other guys advice when you got better results? I can test it and see how it goes..
Would be nice if someone will reply whose trades were working during July 28th, Sep 11th, March 12-13th and they have not caught any big loss during these days. If they caught, well then that system won't work in long term
Cheers,
Orangutangas
Today half of the day tried to make an EA for this system. And what can i say? System is not working, at least backtesting.
Starting 2014 till today we have approx 1600 trades if we trade each hour.If we put trade by the colour of the non_lag_Ma (if previous bar is higher than the 2 bars before than it is green) we get 96% of winining trades using SL of more than 100 pips. So overall our profit curve will be negative.
If we do sync with M15 or M30 or with both we get postive trades also at around 96% level, but profit curve will be negative.
So i tried to improve that. If there are a doji in M30 or M15 and if M5 or M15 gives an oposite candle with the candle body more than 7-18pips(i was changing it) i also got negative profit. Than profitable trades are only around 80% We actually lower our profitable trades as sometimes we get spikes in price action in opposite direction than our trade during an hour.
Without adjusted stop loss i have 1485 winning and 60 trades losing, with adjsuted stop loss as wrote above i have 1180 trades positive and 360 negative. That negative trades increase due to these price actions as we see different price movement during hour. And it is not only during the hours when news are released, it is random.
Also tried to exit the trade if next H1 or M30 candle has different Non_lag_ma colour. Results are the same - we are losing with profit factor of 80%.
Another thing is that tried to put MA20 and MA50, to trade with trend. Results were better, there are less noise. But again very low TP vs SL gives as negative results...
Any other guys advice when you got better results? I can test it and see how it goes..
Would be nice if someone will reply whose trades were working during July 28th, Sep 11th, March 12-13th and they have not caught any big loss during these days. If they caught, well then that system won't work in long term
Cheers,
Orangutangas
