@Eamonn, @gg53:

What should happen if a Sunday bar is detected?

display nothing?
display previous value?
display ‘exception’ colour?
… ?

s.

I just came across Chuck LeBeau’s following presentation:

https://community.tradestation.com/discussions/data/20050225165005lebeau.pdf

That one was not written for the forex markets, but Chuck highlights some interesting thoughts regarding our current Trailing Stop vs. Taking Profit discussion.

s.

From my side, CIX is on the table. It reflects my current knowledge, and I’m staying open for any suggestion to enhance the base algorithm. Latest WIP version has got minor changes regarding calculation of slope by linear regression.

The longer I’m working with CLEAR, the more I prefer it displayed as a line on chart instead of a separate…[Read more]

Hi Anti!

Why in the main window? It would visually interfere with original charts, so original charts would have to be made invisible to enhance usability. Displayed in a separate window, this would not be necessary.

I already developed a simple tick based indicator, posted somewhere around in another thread. Modifiying it to display tick prices…[Read more]

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.

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]

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]

Guys,

I think this discussion is heating up mostly due to the lack of detailed facts in many arguments.

I’ve got some coding and more to do, so please don’t mind if I’m quitting here for a while.

s.

Great! Any specific post, or just generally since we met here?

s.

Two instances of CIX used simultaneously as a practical answer?

Top: short term, very reactive, RSI normalization (this is for entry timing by anticipating swing reversal)

Bottom: medium term, timeframe normalization (this is for selection of which pairs to trade)

Combined SELL entries are at the orange lines.

s.

I’m afraid you’re right!

It’s a question of the individual strategy preferred: fishing for exact swing reversals under controlled conditions or ‘good old’ waiting for confirmation. Like one of the ‘great’ traders said: I’m satisfied to cut the middle 30 or 40 % of a swing and let the others fight for the rest. I don’t remember who it was, but I…[Read more]

Not confused! I just think you found a stable and well-balanced set of parameters for your system to work at optimum performance.

s.

Using MAs for trading, we always have to find some balance between two antagonistic mathematical methods: integration and differentiation.

Applying the MA (integration) to prices always introduces a certain amount of lag. Choosing a state of the art adaptive filter instead of a simple SMA can reduce the amount of lag while at the same time…[Read more]

Most CS indicators are lagging to some extent. And so do my early attempts to code a CS. All those discussions with @gg53 about this topic convinced me that this is not necessarily so, and my latest CIX is tuned to be much more reactive than every CS I coded earlier. But ok, it’s a bit choppy now. And since we want to calculate a slope, ‘some’…[Read more]