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Daily Highs and Lows to Previous Daily Highs and Lows 1 reply
Higher Highs/ Lows and Lower Highs/ Lows 14 replies
buying and selling the news, eurusd 29/4/08 1 reply
Difference between selling a Call and buying a Put? 5 replies
Buying Dips and Selling Rallies 16 replies
Disliked{quote} Thanks for your interest. I will try to explain. We have 2 systems of exit, Number One , Number one checks to see if we have successfully hit our target. If we have it says thanks very much we can now start afresh. New Buy Bench. New Sell Bench and a new profit target which is 50$ higher than our current equity. So in this case there is a re-calculation, Number Two Ghillyoar gets fed up if the number of sells is the same as the number of buys. So if we have the same number of buys as sells we exit all trades. However the system remembers...Ignored
DislikedHi, Paddy I was just wondering why you decided against sharing your EA / source codeIgnored
DislikedHi, Paddy I was just wondering why you decided against sharing your EA / source code - the idea of this thread was to find ways of improving your system so it would make sense for improvements to be made to a common-core EA rather than new EAs being developed which may not follow the strategy rules 100% and/or have unidentified bugs.Ignored
DislikedWhat Does Exit Rule Number One make of losing tades? Exit Rule Number One ignores losing trades. If The Ghillyoar System has closed a series of losing trades and our equity is now 900$ rule number one is not going to close trades when the open equity is plus 50$. Rule Number One is going to wait until the Account Equity hits the original Account Equity Target of 1050$ Very Important If Rule Number One closes all of the open trades and the system is flat then the current “Buy Bench” and the “current Sell Bench” are abandoned and are re-calculated....Ignored
Disliked{quote} I dont understand that rule one ignores losing trades, and then we say the system has closed a serie of losing trades... could you help me with exit rules? Thanks! Awesome work by the wayIgnored
DislikedOkay, I have recoded my version of this EA to help you with some more developingIgnored
Disliked{quote} Congratulations as far as I am aware you are the first person to code his own Ghillyoar E.A. And it looks like it makes a profit……… well done ! Its starting to look as if I am not sitting here photo shopping back tests ! From my standpoint the most interesting aspect of your post is what you plan to do next. You are ignoring the entry mechanism and are going straight to the heart of the matter the exit mechanism. I could not possibly agree more. The current exit mechanisms for The Ghillyoar System came out of my own very limited brain. I...Ignored
DislikedSo even if I dont know if you are trolling or not anymore, I actually have something that is not bad and has potential. And if you think id use a possibility of blowing account with that exit strategy, you're far off. I didn't build my portfolio by using destructive strategies, but I did by taking ideas from those. Anyways, good work.Ignored