Thanks @tradefinder! Got 3 pdfs now and try to upload them myself.

Ok, I’m afraid there’s something wrong with the forum software. I can only upload one file at a time.

s.

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.

When a ‘different’ OBV is based on a strictly causal algorithm, the answer to the question ‘Who is leading?’ will basically not change.

You can easily add some kind of extrapolation to speed up the original OBV algorithm, but this will lead to additional uncertainties.

In the end, only statistics will tell the naked truth, turning dogmas into…[Read more]

IMO, using the term ‘always’ is ‘always’ dangerous when it comes to Forex trading. Sometimes volume seems to be leading price, sometimes it seems to be the other way round.

Prices reflect the battle of contradictory views on the market and different interests of the major players. If the current balance of these views and interests changes,…[Read more]

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

Using Rossbot in a TZ recurrent trading style

Not the worst balance sheet I’ve seen so far!

I guess some members might be interested in a little more detail about the strategy applied to achieve this …

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.

@xux99: I recommend the PDF document that is published here: http://www.forexfactory.com/showthread.php?t=411923

It covers the probabilistic aspects of trailing stops, partial TP, moving SL to BE, and more in great clarity.

s.

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

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.

The value shown at the close of a trade is not pips but profit, therefore in case of martingale it is increased.

I did find a commercial site with some on (obviously silly money)

You named it: like most commercial offers in FX, silly money.

I am looking at building some new currency strength indicators one based on pip movement with a start from 0 function (market open Monday) and one based on ATR. Has anyone come across any, thoughts ??

Thoughts:

Pips…[Read more]

I have no idea why MT4 standard MA would not work set to period = 1. On my platform, it just shows the raw price according to your choice, without any smoothing. That’s how it should be.

If not: have you tried reinstalling MT4? (Sorry if this has been suggested before, I don’t follow the whole thread).

If there’s an issue with the installation…[Read more]

I have no idea why MT4 standard MA would not work set to period = 1. On my platform, it just shows the raw price according to your choice, without any smoothing. That’s how it should be.

If not: have you tried reinstalling MT4? (Sorry if this has been suggested before, I don’t follow the whole thread).

If there’s an issue with the installation…[Read more]