BTW - that reminds me. Hi Arby - last night I noticed a good run on the GBPJPY that the 3 indicators were correlated for almost 4 candles before the trade took place. I am assuming spread or slippage. Are there any other filters in 1.3 than the CCI, Smoothed HA, AO and Spread and Slippage?
Looking for an EA to test my theory - TBA ForexScotty's EA
- #102
- Mar 20, 2018 3:26am Mar 20, 2018 3:26am
- Joined Jun 2012 | Status: Trader | 1,281 Posts
BTW - that reminds me. Hi Arby - last night I noticed a good run on the GBPJPY that the 3 indicators were correlated for almost 4 candles before the trade took place. I am assuming spread or slippage. Are there any other filters in 1.3 than the CCI, Smoothed HA, AO and Spread and Slippage?
I never lose - either I win or I learn...
https://www.myfxbook.com/members/FXS...st-v13/2462482
First week of forward testing with EA opening trades and Compuforex Trailing Stop EA setting breakeven +2 pips when 8 pips in profit is reached.
Hello Mate,
I was bored today and started to check if I could help you, hope you don't mind if I changed the approach a bit, maybe you can help me backtesting but I think I found a simpler way to take trades and place stops + TPs...
No heiken ashi...
StopLoss is placed on the open + safe pips (maybe + 5 pips?) of current entry candle...
When MACD changes color, StopLoss is moved to Close of current candle + safe pips to give price breath but still being tight to avoid taking too much of our hard earned profit (maybe another +5 pips?)
In this example, few hours after... we take a short:
The logic behind to place stop losses and to trail them is:
We are in trade, when Awesome shows opposite color of our trade, stop loss is being placed at top/bottom (+X pips) of current candle after it closes.
If trade keeps going and awesome turns again of the direction color, the condition for a new SL placement is being reset and EA will place a new SL when Awesome turns back again to other color.
We can setup a Maximum stop loss in case candle is too big, so if StopLoss that EA is going to place is bigger than the max we define, our max is placed instead...
Beautiful, isn't it? XD
I was bored today and started to check if I could help you, hope you don't mind if I changed the approach a bit, maybe you can help me backtesting but I think I found a simpler way to take trades and place stops + TPs...
No heiken ashi...
StopLoss is placed on the open + safe pips (maybe + 5 pips?) of current entry candle...
When MACD changes color, StopLoss is moved to Close of current candle + safe pips to give price breath but still being tight to avoid taking too much of our hard earned profit (maybe another +5 pips?)
In this example, few hours after... we take a short:
The logic behind to place stop losses and to trail them is:
We are in trade, when Awesome shows opposite color of our trade, stop loss is being placed at top/bottom (+X pips) of current candle after it closes.
If trade keeps going and awesome turns again of the direction color, the condition for a new SL placement is being reset and EA will place a new SL when Awesome turns back again to other color.
We can setup a Maximum stop loss in case candle is too big, so if StopLoss that EA is going to place is bigger than the max we define, our max is placed instead...
Beautiful, isn't it? XD
Building a Freedom All Time Return:
5,178.8%
{image} Use this as a template. Draw your conditions on it and see how it behaves over a longer term.
In this case new SL conditions would help to reduce a bit the loses
Building a Freedom All Time Return:
5,178.8%
Ok Scotty, Tomorrow I will work on 1 week for some pairs 
just like I was the EA haha
just like I was the EA haha
Building a Freedom All Time Return:
5,178.8%
Ok Scotty, Tomorrow I will work on 1 week for some pairs
