Decreasing only the SL side of our trade will constantly increase the probability that the SL is hit by random price movements, while leaving the probability that TP is hit unchanged. It is clearly preferable to hit TP. So regarding probabilities, it might make sense to decrease TP in a similar manner like SL just to increase the probability…[Read more]

@LittleCaro:

I guess you’re referring to threads @Saver0 started: here and here. I also failed to find it using forum search, but asking Mr. & Mrs. Google showed me the way.

s.

@LittleCaro:

I guess you’re referring to threads @Saver0 started:

http://penguintraders.com/forums/topic/nature-of-markets-power-of-probability-compounding-1pip/

http://penguintraders.com/forums/topic/nature-of-markets-randomness-probability/

I also failed to find it using forum search, but asking Mr. & Mrs. Google showed me the way.

s.

You beat me: thanks for shouting, G. and thanks for sharing, L. !

s.

On EA’s StopLoss:

Instead of using just ATR factor for SL, we can use some more “inteligent” approach, such as the Max or Min value between our current ATR and the latest Peak/Trough.

Such as:

SL = Min(SL_Factor*ATR, iHighest(NULL,0,MODE_HIGH,10,1))

This will result in shorter, but logical, SL that will increase the LOt size ands profits -…[Read more]

Try 3 & 5 sma’s on the USDx. More responsive.

I’m interested in your code for comparison.  SHOUT!!

G.

Ea Status:

Still missing Functions/Modules:

1. MySentiment – User Parameter implementation

2. Currency-Strength – Issue not yet concluded, which CS indicator to use or its parameters.

Finished/Closed issues:

ClearMethod (CM) – Use simplex HTF CM histogram

VZO – use VZO (or ForexGT’s VolumeOsc) indicator latest version, still need s…[Read more]

Ea Status:

Still missing Functions/Modules:

1. MySentiment – User Parameter implementation

2. Currency-Strength – Issue not yet concluded, which CS indicator to use or its parameters.

Finished/Closed issues:

ClearMethod (CM) – Use simplex HTF CM histogram

VZO – use VZO indicator latest version, still need suggestions for stable p…[Read more]

Ea Status:

Still missing Functions/Modules:

1. MySentiment – User Parameter implementation

2. Currency-Strength – Issue not yet concluded, which CS indicator to use or its parameters.

Finished/Closed issues:

ClearMethod (CM) – Use simplex HTF CM histogram

VZO – use VZO indicator latest version, still need suggestions for stable p…[Read more]

Hi All, please forgive me for not active in this forum lately, as usual many offline job to take care family company business that make me lowering my trading hobby.. lol.

Also please forgive me that I can’t answer your PMs or question posts, there’s too many repeated same topic questions that actually you could ‘search’ your answers.

But, lets…[Read more]

Ok with me, as long as each module/Function is stand-alone and the logic is easily inserted within it, and the return value remains the same.

G.

Ok with me, as long as each module/Function is stand-alone and the logic in easily inserted within it, and the return value remains the same.

G.

Ok with me, as long as each module/Function is stand-alone and theat logic in easily inserted within it, and the return value remains the same.

G.

At the current stage of development it doesn’t really make sense to introduce higher or lower timeframes. If we did, we couldn’t backtest anymore, and backtesting is most valuable when enhancing functions like dynamic SL and TP.

From my point of view, it makes sense to introduce higher or lower TF after these functions are working at a…[Read more]

Wrong.

1. ClearMethod is on current TF, consulting Higher TF’s for overall Trend.

2. Currency-Strength is on current TF, (optionally consulting LOWER TF for same direction confirmation).

3. VolumeOsc (or VZO) is on current TF only.

G.

Agree.

Check once and use RefreshRates() before each entry (OrderSend(…).

G.

Good link, thanks for this:

It makes sense to review good old resources from time to time.

Great code snippet! Is it sufficient to check this only once in OnInit(), or should it better be checked before opening or modifying an actual trade?

s.

Hi Vlan!

Good to have you back! From my point of view, partial close, moving SL to BE, trailing stop, and news are working fine.

Currently my main concern is that dynamic TP function based on ADX. I coded it according to my understanding of G.’s requirements. At the moment it progresses TP too far, because ADX will turn around too late. What…[Read more]

@kapybara:

Yes, a bit confusing! Milan, would you mind asking GP Support for an explanation of this issue? You’re the one whose account is hit by those limitations, so I think it makes sense that you would ask.

If their support does not provide a satisfactory answer, you might place your question in public via Steve Hopwood’s forum, where GP…[Read more]

Hi max,

It is not clear to me. Do you mean the indicator shared by brother Kiads ?

If you mean my indicator, it has bug, so i never share it … i am afraid it will give bad result and bring loss … it is just a “toy” for me to playing around on a demo account