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  • #281
  • Jul 12, 2016 8:39am Jul 12, 2016 8:39am
as your analysis, will USD/JPY drop till below 100 soon?
  • #282
  • Jul 12, 2016 8:45am Jul 12, 2016 8:45am
Quoting nonlinear
{quote} But what is the pip basis for the multipliers? The input SL in pips?
No. It uses the ATR on the ATR time frame and period selected. So for example your signal TF could be H1 and trading tf M15 while your ATR tf is on H4. So suppose H4 ATR (21) = 650 points. If you set SL ATR to 2 then your SL will be 1300 points (130 pips), same concept applies for other levels (TP, TS, BE ... etc) using the multiplier you enter for each level.
No guts, no glory
  • #283
  • Jul 12, 2016 8:47am Jul 12, 2016 8:47am
One more thing. For some systems(perhaps this one), it can be critical to allow the trade to continue until it hits the full SL or the full TP. The close on opposite function prevents that from happening. Is there some combination of settings that will ignore new opposite entry signals until an existing trade is closed out?
  • #284
  • Jul 12, 2016 8:49am Jul 12, 2016 8:49am
Quoting RsJeremy
as your analysis, will USD/JPY drop till below 100 soon?
No body is doing any analysis here. It's pure mechanical trading using recent price action on multiple pairs.
No guts, no glory
  • #285
  • Jul 12, 2016 8:51am Jul 12, 2016 8:51am
Quoting nonlinear
One more thing. For some systems(perhaps this one), it can be critical to allow the trade to continue until it hits the full SL or the full TP. The close on opposite function prevents that from happening. Is there some combination of settings that will ignore new opposite entry signals until an existing trade is closed out?
Yes. Set close on opposite to false and set hedging to false.
No guts, no glory
  • #286
  • Jul 12, 2016 8:54am Jul 12, 2016 8:54am
Thanks, nice work here!
  • #287
  • Jul 12, 2016 9:36am Jul 12, 2016 9:36am
Hi there. Nice work!
I am also testing.
I have a question:
How to prevent multiple orders almost same price level.
Is there any other option than change MAX ORDER input.

Thanks.
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  • #288
  • Jul 12, 2016 9:42am Jul 12, 2016 9:42am
Quoting scali
Hi there. Nice work! I am also testing. I have a question: How to prevent multiple orders almost same price level. Is there any other option than change MAX ORDER input. Thanks. {image}

looking for; Max open trades; just change it from default at 10 to the number you want.
  • #289
  • Jul 12, 2016 9:46am Jul 12, 2016 9:46am
Quoting dandken
{quote} looking for; Max open trades; just change it from default at 10 to the number you want.
Thanks for your reply but my question is: Is there any other option than change MAX ORDER input?
  • #290
  • Jul 12, 2016 9:50am Jul 12, 2016 9:50am
Quoting scali
Hi there. Nice work! I am also testing. I have a question: How to prevent multiple orders almost same price level. Is there any other option than change MAX ORDER input. Thanks. {image}
"Min distance between orders" input to be added in next release.
No guts, no glory
  • #291
  • Jul 12, 2016 9:51am Jul 12, 2016 9:51am
Quoting scali
{quote} Thanks for your reply but my question is: Is there any other option than change MAX ORDER input?
Yes, trade on a higher TF.
  • #292
  • Jul 12, 2016 9:55am Jul 12, 2016 9:55am
Quick test, not sure what is going on with shorts.
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  • #293
  • Jul 12, 2016 10:07am Jul 12, 2016 10:07am
Yep, no shorts.
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  • #294
  • Jul 12, 2016 10:10am Jul 12, 2016 10:10am
Quoting scali
{quote} Thanks for your reply but my question is: Is there any other option than change MAX ORDER input?

Opps !!
  • #295
  • Jul 12, 2016 10:11am Jul 12, 2016 10:11am
Quoting abokwaik
{quote} "Min distance between orders" input to be added in next release.
It will be great.
Thank you!
  • #296
  • Jul 12, 2016 10:20am Jul 12, 2016 10:20am
Yes, it seems to not take shorts unless close on opposite is true. But decent results for only taking longs, potential here.
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  • #297
  • Jul 12, 2016 10:22am Jul 12, 2016 10:22am
Quoting nonlinear
{quote} Yes, trade on a higher TF.
This is one option but it will not prevent it for sure.
The best option is to add input "Min distance between orders" as abokwaik reply.
Thank you!
  • #298
  • Jul 12, 2016 11:15am Jul 12, 2016 11:15am
Quoting abokwaik
{quote} No. It uses the ATR on the ATR time frame and period selected. So for example your signal TF could be H1 and trading tf M15 while your ATR tf is on H4. So suppose H4 ATR (21) = 650 points. If you set SL ATR to 2 then your SL will be 1300 points (130 pips), same concept applies for other levels (TP, TS, BE ... etc) using the multiplier you enter for each level.
On this input, can we used a fixed minimum and fixed maximum for the ATR - I think that would address my concern. For example, the current ATR for GJ is skewed too high because of the brexit move. If we base trades off that ATR, then the SL and TP will be way too large.
  • #299
  • Jul 12, 2016 11:22am Jul 12, 2016 11:22am
Quoting nonlinear
{quote} First trade (GJ buy) on this H4 test hit profit for 500 pip gain. Second trade now open.


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  • #300
  • Jul 12, 2016 11:45am Jul 12, 2016 11:45am
Has anybody test the strategy using only the first rules

  1. If XXXUSD is UP and USDJPY is UP --> BUY XXXJPY. EXIT when either XXXUSD is DOWN or USDJPY is DOWN.
  2. If XXXUSD is DOWN and USDJPY is DOWN --> SELL XXXJPY. EXIT when either XXXUSD is UP or USDJPY is UP

without using the ATR rule and with out the 24 hours back rule?.
i check it with a few trade s and goes really good .
I am gona check it using excel .

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