Yes, please do.

The second type I would say is when price moves in the direction of the trend but much faster relative to it’s previous movement. Like when breaking through a “support’, dropping quickly down and then retracing back up.

Thanks for adding it
I made a post to the product improvement thread as not to clutter this one.

As to your question about two types of reversion… just from looking at the posted chart I would say one type is slow and the other one is fast? Comparing time it took price to move away vs time it took it to come back?

The sum of “Long” and “Short” profit does not equal “Both” profit. Depending on Symbol and time interval, the difference varies between + and -.

Hi Saver0,

thanks for the invite. I joined your Beta. Very currious to see what you came up with.
I trade mostly gold (XAUUSD) so was hoping to see your system’s results for this asset. But looking over the dashboard I don’t see it. Is it only available in the paid subscription plan?

Anyway, great job with this project. Will follow closely.

Vlan

Hi @gg53. Thanks for these ideas.

Will do.

I need to reread your discussion with simplex about this, I remember you had different views on how to calculate it. Personally, I’m for your approach. If not for anything else, then simply for the fact that you have been using it with this strategy and it has been working for you.

What about TP?…[Read more]

Hi @gg53. Thanks for these ideas.

I need to reread your discussion with simplex about this, I remember you had different views on how to calculate it. Personally, I’m for your approach. If not for anything else, then simply for the fact that you have been using it with this strategy and it has been working for you.

On EA’s StopLoss: ….while m…[Read more]

Hi simplex

Thanks for v1.4. I finally tested it, works fine on my side.

I checked the reported error, and looks like 0 value for STOPLEVEL doesn’t necessarily mean no restrictions:

A zero value of MODE_STOPLEVEL means either absence of any restrictions on the minimal distance for Stop Loss/Take Profit or the fact that a trade server utilizes…[Read more]

That’s no problem simplex. I’m away and wouldn’t want the group to wait.

V.

@simplex

I’m away until next week, so would you please make and post the next EA version 1.4 with the news filter from @fuzzy?
Thanks.

@fuzzy, thanks for contributing, good work.

V.

Hi guys,

sorry for the absence. We are finishing a project at work that is already overdue so I haven’t had time for anything else these days.

Currently Missing functions from the EA are:

– partial orders closing management function (this is keeping us from using simplex’s DynTP)

– news filter – @Emonts is/was working on this, but lately has…[Read more]

Hi guys,

sorry for the absence. We are finishing a project at work that is already overdue so I haven’t had time for anything else these days.

Currently Missing functions from the EA are:

– partial orders closing management function (this is keeping us from using simplex’s DynTP)

– news filter – @Emonts is/was working on this, but lately has…[Read more]

That rule is there just to make the partial closing logic work: PartialClose is applied when setting SL to BE. SL can be set to BE only if SL is negative. This could not be done if PartialTP was bigger than TrailingStop.

Once we have new the partial orders management function, we won’t need this rule anymore.

V.

Hi @simplex

Yes, there are several ways to do this, but can not say I really like either of them:

– keeping track of partially closed orders in some kind of list as you suggested. Here I would suggest using out-of-ea storage place so the ea can continue to work even after ea/mt4/windows restart.

– using order comment to store order’s initial…[Read more]

Hi Simplex,

I reply to your post here, as I think this one point is more of technical nature than trading logic.

“…In case you wanted a BE logic, but no partial close, you would have to call the partial close function anyway…”

MoveStopLossToBreakEven() is a separate function, so you can call it without calling PartialClose function.

But I…[Read more]

@Emonts, I think you can post it here. More people have more time to test it. When they ‘OK’ it, I will add it.

Here is version v.1.3 of our Penguin EA

Added changes were made based on @GG53 ideas in post here and here

Still missing:
– FFCal – avoid trading before/after news. Emonts and jaguar sent me some version of ffCal library, but I couldn’t get them to work. See here.

– Limit orders – functions for placing LimitOrders is included in the EA, but af…[Read more]