Steve,
I have attached a chart below showing a couple of trades SBB(1f) took today on the GBPJPY 5 min. All settings are OOTB.
He took 2 with-trend sell signals in the space of 3 bars, but the market quickly moved higher and above the 240. Because the trend had changed, the 3 opposite Buy signals that came in were now also with-trend so they did not close the trades. Luckily the market dipped back below the 240 & I got a CT buy signal to close both trades for a small loss.
My point is, that if the market had continued higher without dipping below the 240, any buy signal to close the trades would be ignored until the Stop loss was hit. I am only demoing on 5 min to generate trade more frequently while I get used to SBB, but I assume the same behaviour would occur on higher TFs.
I can see the bot is working as programmed, but I just thought I'd put it out there to see what you thought.
extern string cci="---- Trading style inputs ----";
extern bool TradeTheTrend=true;
extern bool CloseTrendTradesOnOppositeSignal=true;//Close on a CT opp direction signal.
extern bool TradeTheCounterTrend=false;//Allows for trading only in the direction of the trend.
extern bool CloseCtTradesOnOppositeSignal=true;//Close on a Trend opp direction signal.
On another point, shortly after I took this snapshot, the FOMC minutes hit & the markets went mad. In future I think I will disable SBB while high impact news like FOMC & NFP are in the air.
GJ_5.JPG
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