DislikedHi,
I'm new to the forum and I only registered because of this thread! I could post my
comment this morning but my approvel needs several hours.
Then I got this beautiful message tonight "Forex Factory is undergoing scheduled server
upgrades and will be unavailable for about 1 hour. Thank you for your patience." and again
I can't update the thread
I really like this system! Good work endroute!
I want to share something about COG as you can see in the title. I downloaded the indicator
and build an ea that sends a message to get all the good trades.
But as many before there are some problems with COG repainting. Good for me, somebody
posted the source code. I'm a softwaredeveloper, it wasn't that
hard to understand the code.
To avoid all the repainting probs just set the parameter i to the correct value.
i is nothing else then the shift value in the MA's or e.g. the Bollinger Bands.
To help you all to get a better understanding about that I build an indicator
above the COG. I call it "COG NR" (NR stands for "no repaint") it shows you the values COG
has had in the past so you can easily backtest and reproduce why you did the trade.
Just copy the original COG and my modificated one to your indicators path, now restart and add
them to your chart.
TY
scratchIgnored
I attach a chart showing a real money entry I took on 12 June long CADJPY per the rules of this system. Netted me 117 pips but as you can see the actual COG (solid lines) now indicates this ema cross would have taken place near the channel centre, whereas the modified COG shows how it lined up on 12/06/2008.
Obviously this trade would have been filtered out of any backtests just using the COG on its own and therefore skew the results.
cheers
Crom
chart:
http://www.b3tards.com/u/910a7f16cb1...e17/cadjpy.gif