Hello Hopfi2k,
I have some ideas I would like to experiment with. Maybe you could assist? I'm not an MT4 coder, but I can sometimes hack other peoples code and get it to do what I want.
What does QQE return when a symbol is ranging? 0=downtrend, 1=uptrend. Does 2=ranging? The reason I ask is I would like to test not opening new trades when ranging. Currently the logic prevents opening short trades when the trend is up and long trades when the trend is down, but it will open trades in either direction when ranging. (or am I confused?) I suspect we might further reduce DD by only opening orders when there is a trend.
QQE might also be a good 2nd check when cutting losers. Overall we had improved performance when using a stoploss, but it made the results a little choppier in places due to reversals after the cuts. We might try only closing losing buys that exceed our SL and QQE=1(down trend) and the inverse close losing sells when they exceed SL and QQE=0 (uptrend). Implementing this is outside my abilities as we can't just set the SL when the order is opened. It would have to be tracked by the ea. Implementing this along with the other CL-cutloser code would probably be easier.
I don't know that either of these suggestions would actually help, but I have a feeling they could and backtesting will confirm or refute.
I have some ideas I would like to experiment with. Maybe you could assist? I'm not an MT4 coder, but I can sometimes hack other peoples code and get it to do what I want.
What does QQE return when a symbol is ranging? 0=downtrend, 1=uptrend. Does 2=ranging? The reason I ask is I would like to test not opening new trades when ranging. Currently the logic prevents opening short trades when the trend is up and long trades when the trend is down, but it will open trades in either direction when ranging. (or am I confused?) I suspect we might further reduce DD by only opening orders when there is a trend.
QQE might also be a good 2nd check when cutting losers. Overall we had improved performance when using a stoploss, but it made the results a little choppier in places due to reversals after the cuts. We might try only closing losing buys that exceed our SL and QQE=1(down trend) and the inverse close losing sells when they exceed SL and QQE=0 (uptrend). Implementing this is outside my abilities as we can't just set the SL when the order is opened. It would have to be tracked by the ea. Implementing this along with the other CL-cutloser code would probably be easier.
I don't know that either of these suggestions would actually help, but I have a feeling they could and backtesting will confirm or refute.