I have added a CZPerSession option and updated the Rossbot file of the first post.

TZ is not a strategy i trade explicitly as i said in my writings it only helped me see the market from a different perspective. In the course of my trading i found out that most of my succesful trend trades based on my non TZ strategy were failed TZ counter trend trades. so you need to find a way to reverse your TZ strategy to turn those huge 300…[Read more]

Been there, done that, i can assure you that trading against the trend will get you no where at the end

Yes it is. Most people traded TZ against the trend. It failed me too many times so i switched the drawdowns into profits. i reversed the strategy

I use matured TZs as well as PTZs

Maybe this could fire the coders up: These are live trading accounts. The oldest is just 5weeks old but i know what i have in my hands

https://www.myfxbook.com/portfolio/time-based-tzrz-trading-beta/1837754

https://www.myfxbook.com/portfolio/holy-grail-low-risk-steady/1879539

TZ forms only about 5% of my strategy. TZ is not a trading strategy but it helped me understand how the markets work and gave me a different perspective of the market. I can trade my strategy without TZ. Why? Because i already have the TZ perspective in my mind,

Machine learning for trading is a free course to enhance your algorithmic skills. This course introduces students to the real world challenges of implementing machine learning based trading strategies including the algorithmic steps from information gathering to market orders. The focus is on how to apply probabilistic machine learning approaches…[Read more]

If your forward test results are good you can continue trading with the same settings, otherwise try to find new settings with EMA disabled.

Backtest results with EMA are inaccurate. The signal was shown to be permitted before the EMA had closed above because the indicator uses an approximation method for the entry price level, it tries to simulate real time behaviour. The  EMA 1 should exceed the close of the candle.

For a valid real time signal the real time EMA should exceed the close of the bar. In history there are no real time data therefore instead of real time EMA we use the closed candle EMA. This is obviously inaccurate and explains why the circled areas could have given valid real time entry signals but no historical ones.

It defines the stop loss as a percentage of  the distance of current price from the take profit level. You can set it to 50 for a test.

A dynamic trailing stop option and the ability to copy SSBODynamicBreakoutBox signals have beed added to Rossbot.

I have no experience with renko therefore I have no plans to support it.

I may consider adding dynamic trailing stop to a future Rossbot version.

Congratulations Saver0.

I wish you health, happiness and prosperity. 

I have been busy with work and some other stuff so I haven’t spent much time trading or being on the forums.

Best, Edington M.

The new version has many code improvements.  ReverseLogic allows trading the retracements to the opposite side of a CZ which is the take profit target. All elements of the trading logic have the opposite function, even martingale results in lot increase after the take profit is hit. One can optimize two instances of the indicator, one…[Read more]

The new version has many code improvements.  ReverseLogic allows trading the retracements to the opposite side of a CZ which is the take profit target. All elements of the trading logic have the opposite function, even martingale results in lot increase after the take profit is hit.