Hello iamgotzaa (and other contribs) (Apologies for length…)
It’s so nice to come across real programming (being just a hacker myself). I like to find proper techniques I can maybe use. I had to load your 66b EA though as you all seem to be having so much fun! I just started yesterday so it’s way too early for results. (All my mentors have always cautioned me away from EA’s, but here I am….
)
Anyhow, earlier on in the thread there was an issue with spikes. Maybe you fixed that already, but let me offer this:
An EA I have disappointed me when a big spike came in my favor then fell back to resume whatever it was doing. I wanted to capture that unexpected gain. My solution was a spike detector which would quickly put a trailing stop on allowing price to keep going or capture profit if retrace, then just look for a new signal. The detector would trigger the trail if LTF current bar range exceeded HTF ATR x multiplier. Say I enter on M15 and target is H4 ATR x 1.5, current M5 gives an H1 ATR x 1.2 gain: à trigger the trail.
I wondered if you might be able to use such an approach to solve the spike/SL issue. Or maybe it’s a stupid idea, idunno being just a hack…
I do not now use my detector as my trailer had issues, but that may be fixed now. I expect to work it back in as I go.
Congrats on this promising tool
It’s so nice to come across real programming (being just a hacker myself). I like to find proper techniques I can maybe use. I had to load your 66b EA though as you all seem to be having so much fun! I just started yesterday so it’s way too early for results. (All my mentors have always cautioned me away from EA’s, but here I am….
)Anyhow, earlier on in the thread there was an issue with spikes. Maybe you fixed that already, but let me offer this:
An EA I have disappointed me when a big spike came in my favor then fell back to resume whatever it was doing. I wanted to capture that unexpected gain. My solution was a spike detector which would quickly put a trailing stop on allowing price to keep going or capture profit if retrace, then just look for a new signal. The detector would trigger the trail if LTF current bar range exceeded HTF ATR x multiplier. Say I enter on M15 and target is H4 ATR x 1.5, current M5 gives an H1 ATR x 1.2 gain: à trigger the trail.
I wondered if you might be able to use such an approach to solve the spike/SL issue. Or maybe it’s a stupid idea, idunno being just a hack…
I do not now use my detector as my trailer had issues, but that may be fixed now. I expect to work it back in as I go.
Congrats on this promising tool
Hello iamgotzaa (and other contribs) (Apologies for length…) It’s so nice to come across real programming (being just a hacker myself). I like to find proper techniques I can maybe use. I had to load your 66b EA though as you all seem to be having so much fun! I just started yesterday so it’s way too early for results. (All my mentors have always cautioned me away from EA’s, but here I am….
thank you for the idea. please do know that I read every comment from every one testing this ea. I try to put/analysis those ideas and put into next version of ea.
yeah. current version, I'm working on would include a decision making whether
- to put a stop loss & where?
- in relative to current market trend
- small time frame
- larger time frame
- in relative to current market trend
- not to put a stop
- favor, i'm kinda sniper
- not favor
- close, when, where?
- speculate reverse
- timing
- another trade?
- hedge?
etc.
I'm learning to create such algorithm. now.
by the way, my background is non-programmer. I am mechanic guy. I am an alien in the programming world.
Holy grail, pls pm
