JagzFX Free Trading Tools

Quoting Leviticus83

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Hi Jagz, Have I experienced some bug in Trailing Stop pin with Candle High/Low mode? This mode is extremely helpful but doesn't seem to work correctly. Can you help me here understand why did it happen? IMO it might be related to Trailing Candle's shift/index which in this case should be always equal to 1, i.e. last closed bar...{image}{image}{image}{image}{image}

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Quoting jagzuk

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adding a search depth to Candle High/Low.

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Quoting jagzuk

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{quote} Hi! Thanks for flagging this problem and extra thanks for the detailed images explaining the problem! Looking through my stuff, it appears I've made a few changes to the Trailing Stop PIN that have not been published, including adding a search depth to Candle High/Low. I've now uploaded my latest version 1.14 here. I hope it now works as expected ... let me know :-) Regards Jagz

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Quoting Leviticus83

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{quote} 3 x THANK YOU! Can you please elaborate more on the logic of Candle depth, is it the same as candle shift? Also would it be possible to add to the Candle Hi/Lo ATR threshold which would add x% of preferred ATR. If the ATR threshold is set to 0 then it won't add anything, but it would create a buffer for those instances where price takes your TSL and then continues moving towards your previous profitable direction. Would appreciate very much your answer!

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Quoting Leviticus83

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{quote} 3 x THANK YOU! Can you please elaborate more on the logic of Candle depth, is it the same as candle shift? Also would it be possible to add to the Candle Hi/Lo ATR threshold which would add x% of preferred ATR. If the ATR threshold is set to 0 then it won't add anything, but it would create a buffer for those instances where price takes your TSL and then continues moving towards your previous profitable direction. Would appreciate very much your answer!

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Quoting jagzuk

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{quote} Hi, so candle depth, maybe I should call that lookback? Starting from the current candle, it is how many of the previous candles will be checked for the highest high or the lowest low. {image}

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Quoting jagzuk

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{quote} I'll look at your idea of adding %atr to candle hi/lo. Right now, you can add some extra headroom to the high/low using the Trail Points / Indicator Offset parameter. i.e. a value of 20 will add an extra 20 points to high or low candle value.

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Quoting Leviticus83

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{quote} Still not clear and something wrong... First screenshot - lookback is 1, i.e. last week's High as SL, but the weekly high is used of this current week's: {image} Second screenshot - lookback is 2, and the SL is set on the high which was formed 4 weeks ago: {image} Yet third screenshot - lookback 3 - sets a nonsense - high of 9 weeks old: {image} (also on D1 @ lookback 4 the SL guide is set on current day's high) {image}

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Quoting jagzuk

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{quote} So having had no luck hunting for a bug in the High/Low calculations, I finally tracked the issue to a typo with the weekly timeframe. It was calculating MN1 instead of W1 and this would have been affecting all modes. I haven't been using the weekly timeframe so I hadn't noticed it Also, I adjusted the lookback so that it starts from candle 1 rather than candle 0 (which I think was a cause of confusion). Version 1.15 Regards...

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Quoting jagzuk

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{quote} So having had no luck hunting for a bug in the High/Low calculations, I finally tracked the issue to a typo with the weekly timeframe. It was calculating MN1 instead of W1 and this would have been affecting all modes. I haven't been using the weekly timeframe so I hadn't noticed it Also, I adjusted the lookback so that it starts from candle 1 rather than candle 0 (which I think was a cause of confusion). Version 1.15 Regards...

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Quoting jagzuk

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{quote} One more thing to note. There is a failsafe built into the Trailing Stop levels so that if you configure the pin and an SL level would already be breached it shifts the SL distance for that symbol to prevent the trade from being immediately closed. I added this because I found it very annoying when adjusting the TS settings and a mistake would close a bunch of trades! This will have no impact in normal operation where trades are opened after the pin has been configured. But, when you are checking levels against trades that are already open,...

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Quoting jagzuk

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JagzFX One PIN allows a wide range of MT4 Custom Indicators to be used as PINs without the need to write any code! Could this be the Lord of the PINs? Apologies to the family and fans of J.R.R. Tolkien for what follows: In the Land of Forex where the Signals hide. One PIN to hunt them all, One PIN to find them, One PIN to bring them all, and in a dashboard bind them. In the Land of Forex where the Signals hide. I know many of you want to make your own PINs but don't feel comfortable doing the coding. So this is for you. You can configure One PIN...

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Quoting belie

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Dear Jagz, my silence does not mean that Im loosing interest on ichimoku. tests running and will share updates and opinions. {image} {image}

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