I have added an UpdateMode option and I have updated the first post.

I have added the same martingale settings to the indicator and have updated the first post.

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

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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.

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.