Stairstep Breakouts indicator and EA

[forexhard]

Rxcape wrote:

FXH & XU99: Just a quick note to offer thanks…. RxCape. (formerly TPC23 on FF)

Hey Tom, wow, what a blast from the past!  Great hearing from you again; great seeing you hang in there!  Take care of SSBO, and SSBO will take care of you.  You still in Florida?  Listen, if you want, and only if you want, feel free to contact me at circleshow@ the gee place dot com.  I’m always around for someone with your longevity and perseverance if I’m needed.  Best,

Note to people looking in: This guy was a regular member of my SSBO teaching thread at the FF.  So our history together goes back almost six years.  Which in Forex years is like 1000.  I’m extremely happy to see his comment here today, and to know that after all this time he still considers SSBO his core system for trading FX.  Anyone else looking in and wondering whether SSBO has any lasting value should take note.

[Rxcape]

I’m flattered that you remember.  Still in Florida although now single and in a different career.  I’ll reach out via email.

 

Tom

[Dave]

Testing

[Dave]

I was running the Rossbot EA on strategy tester to watch it’s functions to learn how the inputs work.  I set Rossbot to reverse logic and a buy trade was placed on the GJ at the bottom of the CZ, price went in my favor to the top of the CZ, but the trade did not close, price moved in my direction by 360 pips but never closed out.  It’s my understanding in reverse logic once price reaches the other side the trade is closed, do I need other inputs along with reverse logic for it to work?  Where is the SL placed in reverse logic, in the tester a SL was not entered, or was my strategy tester not working right and did not close the trade.

Can I place 2 instances of the Rossbot on two separate charts on the same MT4 platform and set one to take reverse logic trades and the other to take breakout trades?

thanks,

davek

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[Dagmar]

 

.@dave

1.look at your stoploss  setting

2.you can run two instances…use different magic numbers

 

[sucker]

Hello xux99,
There is a problem with the NZDUSD currency pair.
If no error then the order is closed with “QuickTakeProfit”.
If the error then the order with the value of the box width is closed.
With NZDUSD the trade is always closed with QuickTakeProfit.

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[xux99]

Your attached image shows a short trade that was not closed by QuickTakeProfit, it was closed at the opposte side of the CZ.

[peeps23]

Hello xux99,

I am trying to save the settings found when the SSBO indicator runs it’s AutoOptimize. So I load the indi with autoOp on and then write down the settings it has found, turn off autoOp and reload with the optimised settings input manually but the results are never the same. AutoOptimize shows thousands of postive pips but when these settings are entered manually and AutoOp is off the pips are negative, why is this ?

thank you for your wonderful work.

[sucker]

Hello xux99
The picture shows a trade closed in the minus. The next trade should close, with Matingal = true, with the pips number of the loss. This is the case for all other pairs of currencies. This is not the case with this currency pair.

[sucker]

Hello xux99
I found the mistake. Sorry was my fault. It was missing Modify TakeProfit.

[xux99]

sucker wrote:

Hello xux99 The picture shows a trade closed in the minus. The next trade should close, with Matingal = true, with the pips number of the loss. This is the case for all other pairs of currencies. This is not the case with this currency pair.

I can’t replicate this problem. Try to use the latest version of the indicator, a fixed spread value and make sure you have also copied the EMA filter and MA period settings.

[Dave]

Hi xux99:

I have the Rossbot set to copy the SSBO indicator on the same chart as the SSBO, some trades, most of them copy fine but some don’t, wondering why that is?

thanks

• This reply was modified 9 years, 3 months ago by Dave.

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[xux99]

Make sure the TradingSession1 value of Rossbot is identical to that of the indicator.

[Dave]

Thanks xux99, they were not identical, off by 2 hrs.

I am really liking your EA and SSBO indicator, I am getting more winning trades than losing trades.  Thinking about going live starting with small lot size.

thanks again

[sucker]

Hello xux99,
Whenever I changed the Magic number with a currency couple, I had problems with the recognition of the current Magic number (in Globale Variablen “F3”). I have a suggestion here for the indicator.

Alt:

void OnDeinit (const int reason) {if (! IsTesting ()) {RemoveObjects (GComment);}}

New:

void OnDeinit (const int reason)
{
If (! IsTesting ()) RemoveObjects (GComment);
// –
If (StringFind (“012345”, IntegerToString (reason))> = 0)
{GlobalVariablesDeleteAll (Vs [0] [1] + MagicNumber + “” +0+ “”);}
// –
}

What do you think about.

[xux99]

Your code deletes the previous global variables, I don’t think it would affect the global variables with the new changed magic number. What exactly recognition problem did you encounter?

[sucker]

Hello xux99,
I have two pictures here to illustrate my problem.

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[xux99]

I have added a code that deletes the global variables and updated the indicator.

[sucker]

Thanks xux99

[Taz]

I have been playing with the ‘AuthorisedSSBODynamicBreakoutBoxFinalEdition’ indicator from FF but for the life of me i can’t replicate the trades it takes with the ‘SSBODynamicBreakoutBox’ indi (with the settings as close as possible). What are the differences between both indictors?

One further quick question, the ‘QuickTakeProfit’ seems to be set for every trade and not just the first. How can i make it only for the first breakout and then a 1:1 for the remaining trade set intervals?

 

Love all your work by the way…

 

Cheers

[xux99]

SSBODynamicBreakoutBox has an improved virtual trades management and therefore the results are different. Set ModifyTakeProfit to true so that QuickTakeProfit is applied to the first trade only.

[Taz]

Thanks for the reply xux99 however setting ‘ModifyTakeProfit’ to true still doesn’t make it work as shown in the example i have attached. You can see in the bottom left 6 trades (setting is currently on 10) then on the 7th it goes to the ‘QuickTakeProfit’ value and not to a 1:1 value.

 

 

• This reply was modified 9 years, 3 months ago by Taz.

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[xux99]

Set QuickTakeProfitType to SLMultiplier and QuickTakeProfit to 1. You can’t have a pips based QuickTakeProfit for the first trade and 1:1 ratio for the rest trades.

[Taz]

So if i do that then all trades, including the first from the breakout within a CZ, have the same TP? If so, then whats the point of the QuickTakeProfit?

So basically you can’t have the first trade within a set have a different TP than the rest of the set like whats in the AuthorisedSSBODynamicBreakoutBoxFinalEdition? I guess that is what i was trying to achieve. Have the first breakout TP set to say 100 pips, then the following trades within the CZ set to 1:1. Is that possible?

[Billyon]

It already works this way.

 

 

Without seeing the rest of your settings I would guess that your set failed an that last trade is off of a reset.

 

[Author]

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