I really like your ea so far..its close.. very close.
Have you been able to check out the trix? I wanted to mention there is also a modified version by the great mladen that might be easier to work with for an ea. Same concept, used for trade entry confirmation AND can be used for exit..when the fast trix changes against the trade, it closes. Would be great to test for that too.
Second, I am hoping you will add the bbmacd. Same concept..can use just for entry confirmation but also offer option of using that as the close
mechanism instead of other settings or trix above. So could have standard setup now, with trix confirmation AND bbmacd confirmation then choose
standard close, bbmacd close or fast trix close and test those three
for results.
What do you think??
PS: And having trading hours that works great.. hopefully based on gmt so we can enter based upon our broker offset the hours we dont want to trade this will be really hot.
Feature one... True or false you can set your own lots. Example... I like to trade 1 lot all the time regards if my account goes up or down.
Feature two... True or false you can use the standard TP settings or you can use just one TP. Example I like to take profits at 10 pips that's it. Move on to the next trade.
Thank you ForexJedi and Robdee for the Great system and Richboy for the awesome programming skills I will love to have. Finally a system that is very easy to learn and do.
Feature one... True or false you can set your own lots. Example... I like to trade 1 lot all the time regards if my account goes up or down.
Feature two... True or false you can use the standard TP settings or you can use just one TP. Example I like to take profits at 10 pips that's it. Move on to the next trade.
Thank you ForexJedi and Robdee for the Great system and Richboy for the awesome programming skills I will love to have. Finally a system that is very easy to learn and do.
Ignored
Feature one is simple to introduce, so you'll have it in the next release.
Feature two is already possible: Set TP1=10, TP2=0, TP3=0 and QuoteToCloseAtTP1=100, QuoteToCloseAtTP2=0, QuoteToCloseAtTP3=0.
So to speak is enough to set TP1=10 and QuoteToCloseAtTP1=100...
No matter TP2 and TP3 if you close all order at tp1.
Thanks.
I'll send a bottle of wine to my first voucherer ;-)
Hi Richboy, I was just wondering if you know of any reason the EA will not trade on my real account , but it trades on my demo account. I have had it on my real account for 5 days now and no trades ; It has made many trades on the demo account and is doing well. Thanks
----------------------------------------------------------------------------- Feature one is simple to introduce, so you'll have it in the next release.
Feature two is already possible: Set TP1=10, TP2=0, TP3=0 and QuoteToCloseAtTP1=100, QuoteToCloseAtTP2=0, QuoteToCloseAtTP3=0.
So to speak is enough to set TP1=10 and QuoteToCloseAtTP1=100...
No matter TP2 and TP3 if you close all order at tp1.
Thanks.
------------------------------------------------------------------
Thanks Richboy... this aspiring trader appreciate it!
Still, I don't know how to make the EA place trades using the TP levels instead of the ProfitLossRatio.
Ignored
If you set TP1=TP2=TP3= 0 then you are using the Take profit set by ProfitLossRatio.
Vice versa If you prefer using the 3 TPs set the PLRatio to a high value (i.e. 5) so that TP1, TP2 and TP3 will be triggered before the order TP.
In my backttest however I had better result with PLRatio = 2.0 and not using TP1,2,3 I have a winning ratio lower but with greater gain.
I'll send a bottle of wine to my first voucherer ;-)
In the the Vforec rule, confirmpips 10, would setting it to 5 be profitable? Will the 10 pips be the ideal setting based on research and market conditions? If this post is already answered, please kingly refer me to it. Thanks once again.
Can you please explain the exit strategy the vforce used in this trade i posted on cable (GBP/USD)? i am using your latest release and i edited the TP1=30,TP2=60,TP3=90. all others were left to default? the buy bias at 1.5555 close the trade at about $76. Great trade but what i do not understand is the way it actually close the trade after the breakeven.
